Charting a Course to Success
Leading market share of the Indian white oils market with significant overseas sales, focused on the consumer and healthcare end-industries. Extensive and diversified customer base and a supplier base comprised of leading oil companies with competitive pricing terms
From a modest start to mega growth
Gandhar began its journey to success in 1992, catching the wave of optimism following liberalisation. Gandhar led by a qualified and experienced management team , who have experience in and knowledge of the specialty oils sector, including in the fields of administration, marketing and human resource management.
With a modest start in Mumbai with a limited product line. and thanks to a combination of experienced and qualified management team, it soon became a force to be reckoned with.
Gandhar is a leading manufacturer of white oils by revenue, engaged in producing Pharmaceutical, Health care, and performance oil (PHPO), Process Insulating Oil (PIO) and Lubricants (automotive oils and industrial oils). These products also meet national and international quality standards and are approved by India FDA, ISO Certifications, Kosher, BIS and Halal.
With approx 800 strong workforce, the Group is a Leading manufacturer of White oils by revenue in India with overseas operations catered to over 100 countries globally.
Pushing ahead with manufacturing muscle
Gandhar Oil Refinery has always counted on production and research to build and sustain growth despite the vagaries of the marketplace.
On the production front, Gandhar Oil runs two plants located in Western India and one plant located in Sharjah, UAE (Texol Lubritech FZC), spread across 1,28,454 square meters to cater to our Indian and global operations. As of June 30, 2023, the combined annual production capacity of our manufacturing facilities was approximately 522,403 KL.End-use industries such as pharmaceuticals and consumer products are expected to grow strongly going forward driven by strong domestic consumption, favorable demographics, and government initiatives. We believe we are well-positioned to take advantage of favorable industry trends for the consumer and healthcare end-industries and will focus on expanding our offerings to these sectors.
Setting benchmarks with R&D
Our research and development center at Silvassa facility has been granted a certificate of registration as an in-house R&D unit by the Department of Scientific & Industrial Research (DSIR). We are committed to providing high quality R&D services to meet our customers’ requirements. We will continue to strengthen our manufacturing and product development capabilities and collaborate with our customers to meet the growing demand for customization, contract manufacturing and quality products.
Riding high with us
Given that more than 3500 customers globally which includes Indian Companies and customers across 100 countries in Europe, America, Africa and APAC use our products and the exports alone comprises of approx 64% of total sales of the Company. Gandhar is among the top two players in the Indian white oil market and accounts for approximately 26.5% of the market share in the white oil category.
Though business is good, the search for new customers is an on-going process (as is the continuing extension of our product line). Both efforts will be guided by market insights, technological advances, product innovations—and, of course, continually changing customer requirements.
Navigating to success with
experience and expertise
Gandhar’s Board of Directors, supported by a qualified and experienced management team, who have experience in and knowledge of the specialty oils sector, including in the fields of administration, marketing and human resource management.
We seek to leverage the understanding and the experience of our senior management in managing our operations and growth.
Leading with entrepreneurial wisdom
Mr. Ramesh B. Parekh – Chairperson & Managing Director
Mr. Samir Parekh – Vice Chairperson & Joint Managing Director
Mr. Rajiv Parekh – Director, Operations—Texol Lubritech FZC
Mr. Aslesh R Parekh – Joint Managing Director
Achievements and Milestones
Incorporated as a private limited company under the name ‘Gandhar Oil Refinery (India) Private Limited
Commenced business operations at our Company’s plant at Taloja
Commenced manufacturing of speciality oils at our Company’s plant at Silvassa
Commenced export of speciality oils
Received the first order from a Government of India entity, Ministry of Railways
Turnover of our Company crossed ₹10,000 million
Established an in-house RnD centre and received recognition from the DSIR, Ministry of Science and Technology, Government of India
Recognised as a ‘Three Star Export House’ by the Directorate General of Foreign Trade, Ministry of Commerce and Industry
Consolidated turnover of our Company crossed ₹25,000 million
Consolidated turnover of our Company crossed ₹30,000 million
Texol Lubritech FZC became our subsidiary
Completed 30 years since incorporation