Charting a Course to Success

Corporate growth follows an imaginary trajectory that has no finish line. It is a continuing, unending evolutionary process, where a company builds upon its gains, consolidates its strengths, and pushes itself to meet challenges as they present themselves. Gandhar is one such company.

From a modest start to mega growth


Gandhar began its journey to success in 1993, catching the wave of optimism following liberalisation. The brainchild of the Parekh family of industrialists, it made a modest start in Mumbai with a limited product line. But thanks to a combination of managerial acumen and courageous enterprise, it soon became a force to be reckoned with.

Gandhar Group of Companies is now a $481 million megacorp as on March-22, engaged in producing Pharmaceutical, Health care, and performance oil (PHPO), Process Insuralting Oil (PIO), and Industrial/ Automotive Lubricants (IAL).
With a 650-strong workforce, the Group is one of the fastest-growing corporate entities in India with a global network of branches and offices.

Pushing ahead with

manufacturing muscle

Pushing ahead with manufacturing muscle


Pushing ahead with

manufacturing muscle

The Gandhar Group is led by Gandhar Oil Refinery, the Group’s flagship company, which has always counted on robust production and research to build and sustain growth despite the vagaries of the marketplace.
On the production front, Gandhar Oil runs three formidable Speciality Oil Blending Plants—one each at Taloja, Silvassa, and Sharjah (Texol Lubritech FZC). Collectively occupying about 26 acres, these plants have a combined annual production capacity exceeding 350,000 kl per annum and a base oil storage capacity of 50,000 kl.

Looking to the future, the accent will be on increasing the production of automotive oils because of their fast-growing market potential. To support this thrust, a fully automated plant for automotive oils is being set up on additional land purchased in Silvassa.

Setting benchmarks

with R&D

Setting benchmarks with R&D


Our R&D facility at the Silvassa plant is a government-recognised research centre, a certified Research Institution approved by the Department of Scientific & Industrial Research (DSIR). At this facility we explore new ideas and continually innovate to stay ahead of the curve and meet the stringent requirements of our demanding customers, including the Indian Railways and Defence.

Riding high with us


Given that more than 200 customers in 100 countries in Europe, South America, Africa, the Middle East, and the Far East use our products, it’s not surprising that exports alone comprise 40-45% of our total sales.

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.

That the biggest names in industry choose us, is testimony to our credibility

Navigating to success

with experience

and expertise

Navigating to success with

experience and expertise


Gandhar’s Board of Directors, supported by a progressive management team and experienced technicians, engineers, and lab-based researchers, is key to the company’s continuing success.

We continually replenish, nurture, and recharge our human resources to maintain a keen, competitive edge.

Leading with

entrepreneurial

wisdom

Leading with entrepreneurial wisdom

Mr. Ramesh B. Parekh – Chairman & Managing Director
Mr. Samir Parekh – Director
Mr. Rajiv Parekh – Director, Operations—Texol Lubritech Fzc
Mr. Aslesh R Parekh – Director

Family picture

Corporate Video


Timeline

Timeline

1975

Upon graduation in March 1975, Ramesh Parekh takes up a job in the Lubricants Division of Khimji Punja & Co, Clearing and Forwarding Agents, where he is trained in marketing.

1977

Parekh starts his own trading firm, Parekh Brothers, and draws on his experience in marketing to push business growth.

1982

Starts Parekh Bulk Carriers, an ancillary partnership, to serve the transportation needs of his firm and those of other companies. Presently, the partner oversees the firm’s day-to-day activities.

1992

Two plots of land are bought in Taloja, Maharashtra. The Gandhar Oil Refinery (GOR) is initially set up for distilling diesel, naphtha and LNG. Following this, a joint-venture proposal from Apar Ltd., a customer, to establish a plant for blending industrial oils and lubricants is finalised, with Apar having a 24% stake and Gandhar 76%.

1992 to 2005

GOR serves as a dealer for Bharat Petroleum Corporation Ltd. for their furnace oil. Initially, 5,000 to 7,000 tonnes of furnace oil are sold per annum, but low profit margins for GOR lead to the termination of the contract. Following this, GOR embarks on supplying coal to various interests, including power houses and steel mills.

1995 – 1996

Post liberalisation of imports by the Government of India, Apar starts importing the oils required by it at much lower rates than GOR’s. Despite this, the latter’s business continues to grow.

2001

Gandhar invests in a second plant in Silvassa to blend products similar to Taloja’s.

2002

The joint Venture with Apar is dissolved. Gandhar buys Apar’s 24% stake and continues running the business independently.

2003

Ramesh Parekh’s elder son, Samir R. Parekh, joins the business.

2005

Ramesh Parekh’s second son, Aslesh R. Parekh, also gets on board.

2014

The Ministry of Science and Technology, Government of India (GOI), is approached for setting up an R&D Centre at the Silvassa Plant. This centre receives GOI recognition and is registered as a Research Institution by the Department of Scientific & Industrial Research (DSIR).

2019

The company inks a partnership with Texol Lubritech FZC, Sharjah, to establish a plant to manufacture products matching its product profile in India but catering to local requirements and international markets.

2021

Gandhar posts a turnover of Rs.2,500 crore in FY 2020-21 and establishes a manufacturing capacity of 2.5 lakh metric tonnes.

Domestic Email: [email protected]

International Email: [email protected]

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