Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹21 Cr.
Stock P/E
4.8
P/B
0.7
Current Price
₹31
Book Value
₹ 47.3
Face Value
10
52W High
₹100
52W Low
₹ 30
Dividend Yield
0%

Gulf Lloyds (India) Overview

Business

Gulf Lloyds (India) Ltd. is a professional services company primarily engaged in Testing, Inspection, Certification (TIC), and technical consultancy services. The company acts as an independent third-party agency providing quality assurance, safety compliance, and performance verification across various industries. Its core services include third-party inspection, NABL/ISO certification, technical staffing, pre-shipment and commodity inspection, marine surveys, project expediting, quality assurance/control (QA/QC) services, and specialized training. The company generates revenue by charging fees for these services, leveraging its expertise, accreditations, and qualified personnel to ensure compliance with national and international standards.

Revenue Mix

While specific revenue contribution data is not publicly available, Gulf Lloyds (India) Ltd.'s business activities can be broadly categorized into:

Inspection & Certification: This includes third-party inspections, pre-shipment inspections, commodity inspections, marine surveys, and various ISO/NABL certifications.

Technical Staffing & Consultancy: Providing qualified technical manpower for projects (e.g., engineers, inspectors) and offering project expediting and QA/QC consulting.

Training: Offering specialized training programs related to quality, safety, and specific industry standards.

The primary revenue drivers are likely inspection and certification services, followed by technical staffing.

Industry

Gulf Lloyds (India) Ltd. operates within the broader Professional Services sector, specifically the Testing, Inspection, and Certification (TIC) industry and technical consultancy market in India. This industry is driven by increasing regulatory compliance, quality consciousness, safety standards, and global trade requirements. The market is characterized by a few large global players (e.g., SGS, Bureau Veritas, Intertek) and numerous regional and niche domestic players. Gulf Lloyds (India) Ltd. positions itself as a specialized national or regional player, focusing on sectors like oil & gas, manufacturing, marine, and infrastructure. It competes on the basis of its accreditations (like NABL), specialized technical expertise, local presence, and potentially cost-effectiveness for specific client segments compared to multinational giants.

MOAT

Accreditations & Certifications: Holding essential accreditations (e.g., NABL for testing, various ISO certifications) is a significant barrier to entry and builds trust and credibility with clients, which is crucial in the TIC space.

Specialized Expertise: A pool of qualified and experienced technical personnel and domain-specific knowledge in inspection, certification, and project management provides a competitive edge, particularly in niche industrial applications.

Reputation & Client Relationships: Consistent delivery of reliable services helps build a strong reputation and fosters long-term relationships with industrial clients, leading to recurring business.

Switching Costs: While not prohibitively high, clients may face some operational and administrative costs, and the risk of disruption, when switching from an established inspection and certification partner.

Growth Drivers

Increasing Regulatory Compliance: Stricter quality, safety, health, and environmental regulations in India across various industries mandate third-party inspections and certifications.

Infrastructure Development: Significant investments in infrastructure, energy, and manufacturing sectors in India will drive demand for quality assurance, inspection, and project expediting services.

Focus on Quality & Standardization: Growing emphasis on international quality standards by Indian industries, especially for exports, increases the need for certified inspection and verification.

Outsourcing Trend: Companies increasingly outsource non-core functions like quality control and technical inspections to specialized agencies to focus on their primary business.

Industrial Growth: Overall growth and expansion of the manufacturing, oil & gas, marine, and construction sectors in India will directly translate into higher demand for Gulf Lloyds' services.

Risks

Intense Competition: The TIC market is highly competitive, with established global players and numerous local firms, leading to potential pressure on pricing and margins.

Reputational Risk: Any failure in inspection accuracy, certification integrity, or a perceived conflict of interest could severely damage the company's credibility and client trust.

Regulatory & Standard Changes: Changes in national or international standards, accreditations, or regulatory frameworks can necessitate significant operational adjustments and investments.

Economic Downturns: A slowdown in industrial activity, reduced capital expenditure, or project delays in key client sectors can directly impact demand for inspection and certification services.

Talent Acquisition & Retention: The business relies heavily on a pool of highly skilled and certified technical professionals; a scarcity of such talent or high attrition rates could impede growth.

Management & Ownership

Gulf Lloyds (India) Ltd. is managed by a team with expertise in the inspection, certification, and technical services domain. Mr. Senthil Kumar serves as the Managing Director. Like many companies of its size in India, it is likely promoter-driven, meaning the founders or their families hold a significant ownership stake and play a key role in management. Specific details about the promoter group's exact ownership percentage or the broader ownership structure (e.g., institutional vs. public) are not readily available in the public domain.

Outlook

Gulf Lloyds (India) Ltd. operates in an essential and growing sector driven by increasing quality consciousness and regulatory mandates in India. The company is well-positioned to benefit from India's industrial growth, infrastructure development, and the trend towards outsourcing specialized services. Its accreditations and technical expertise provide a solid foundation. However, the outlook is balanced by intense competition from larger, global players and the continuous need to invest in maintaining accreditations, attracting skilled talent, and adapting to evolving standards. While steady growth is anticipated due to underlying market demand, scaling rapidly and expanding market share will require strategic differentiation and effective management of competitive pressures and reputational risks.

Gulf Lloyds (India) Share Price

Live · BSE · Inception: 2014
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Gulf Lloyds (India) Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Gulf Lloyds (India) Profit & Loss

#(Fig in Cr.) Mar 2026 TTM
Net Sales 36
Other Income 0
Total Income 36
Total Expenditure 28
Operating Profit 8
Interest 2
Depreciation 1
Exceptional Income / Expenses 0
Profit Before Tax 6
Provision for Tax 1
Profit After Tax 4
Adjustments -0
Profit After Adjustments 4
Adjusted Earnings Per Share 8.8

Gulf Lloyds (India) Balance Sheet

#(Fig in Cr.) Mar 2026
Shareholder's Funds 14
Minority's Interest 0
Borrowings 5
Other Non-Current Liabilities 0
Total Current Liabilities 16
Total Liabilities 35
Fixed Assets 2
Other Non-Current Assets 8
Total Current Assets 25
Total Assets 35

Gulf Lloyds (India) Cash Flow

#(Fig in Cr.) Mar 2026
Opening Cash & Cash Equivalents 1
Cash Flow from Operating Activities -1
Cash Flow from Investing Activities -1
Cash Flow from Financing Activities 5
Net Cash Inflow / Outflow 2
Closing Cash & Cash Equivalent 3

Gulf Lloyds (India) Ratios

# Mar 2026
Earnings Per Share (Rs) 8.75
CEPS(Rs) 10.12
DPS(Rs) 0
Book NAV/Share(Rs) 27.75
Core EBITDA Margin(%) 21.34
EBIT Margin(%) 20.29
Pre Tax Margin(%) 15.81
PAT Margin (%) 12.06
Cash Profit Margin (%) 13.92
ROA(%) 12.26
ROE(%) 31.58
ROCE(%) 24.71
Receivable days 159.22
Inventory Days 0
Payable days 0
PER(x) 0
Price/Book(x) 0
Dividend Yield(%) 0
EV/Net Sales(x) 0.48
EV/Core EBITDA(x) 2.19
Net Sales Growth(%) 0
EBIT Growth(%) 0
PAT Growth(%) 0
EPS Growth(%) 0
Debt/Equity(x) 1.15
Current Ratio(x) 1.57
Quick Ratio(x) 1.57
Interest Cover(x) 4.53
Total Debt/Mcap(x) 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR — — — —
Operating Profit CAGR — — — —
PAT CAGR — — — —
Share Price CAGR — — — —
ROE Average +32% +32% +32% +32%
ROCE Average +25% +25% +25% +25%

Gulf Lloyds (India) Shareholding Pattern

Latest · Jul 2026
100% held
Promoters 72.92 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 27.08 %
# Jun 2026 Jul 2026
Promoter 072.92
FII 00
DII 00
Public 027.08
Others 00
Total 100100

Gulf Lloyds (India) Peer Comparison

Professional Services Edit Columns

Gulf Lloyds (India) Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Gulf Lloyds (India) Pros & Cons

Pros

  • Stock is trading at 0.7 times its book value
  • Company has a good return on equity (ROE) track record: 3 Years ROE 32%
  • Company has reduced debt.

Cons

    0
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp