Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹2,481Cr
Rev Gr TTM
Revenue Growth TTM
9.59%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

SOTL
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 15.4 | 2.2 | 2.7 | 5.5 | 1.9 | 3.8 | 2.1 | -1.4 | 3.3 | 3.5 | 18.6 | 13.6 |
| 908 | 851 | 829 | 873 | 941 | 908 | 873 | 924 | 957 | 929 | 1,025 | 1,033 |
Operating Profit Operating ProfitCr |
| 4.9 | 7.5 | 6.8 | 8.9 | 3.3 | 4.9 | 3.8 | 2.3 | 4.8 | 6.0 | 4.8 | 3.8 |
Other Income Other IncomeCr | 14 | 17 | 14 | 23 | 24 | 17 | 26 | 6 | 6 | 25 | 14 | 20 |
Interest Expense Interest ExpenseCr | 7 | 9 | 9 | 10 | 10 | 7 | 8 | 7 | 6 | 6 | 4 | 5 |
Depreciation DepreciationCr | 6 | 5 | 5 | 7 | 7 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
| 49 | 73 | 60 | 92 | 39 | 51 | 46 | 15 | 42 | 72 | 55 | 49 |
| 13 | 17 | 13 | 25 | 8 | 11 | 15 | 3 | 13 | 16 | 15 | 11 |
|
Growth YoY PAT Growth YoY% | -42.2 | -38.7 | -32.7 | 134.8 | -15.4 | -28.4 | -33.9 | -81.5 | -5.1 | 40.4 | 30.7 | 204.1 |
| 3.8 | 6.0 | 5.3 | 7.0 | 3.2 | 4.2 | 3.4 | 1.3 | 2.9 | 5.7 | 3.8 | 3.5 |
| 5.3 | 8.1 | 6.8 | 9.8 | 4.5 | 5.8 | 4.5 | 1.8 | 4.3 | 8.2 | 5.9 | 5.5 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 46.8 | 23.6 | 3.0 | 1.9 | 8.7 |
| 1,690 | 2,580 | 3,295 | 3,487 | 3,652 | 3,944 |
Operating Profit Operating ProfitCr |
| 15.6 | 12.2 | 9.3 | 6.8 | 4.2 | 4.8 |
Other Income Other IncomeCr | 39 | 31 | 23 | 71 | 46 | 65 |
Interest Expense Interest ExpenseCr | 9 | 19 | 35 | 38 | 28 | 20 |
Depreciation DepreciationCr | 21 | 21 | 21 | 23 | 24 | 25 |
| 320 | 348 | 303 | 264 | 156 | 219 |
| 83 | 88 | 77 | 63 | 43 | 55 |
|
| | 9.8 | -13.4 | -11.1 | -43.6 | 44.6 |
| 11.8 | 8.9 | 6.2 | 5.4 | 3.0 | 4.0 |
| 33.7 | 37.6 | 32.7 | 29.1 | 16.4 | 23.9 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 14 | 14 | 14 | 14 | 14 | 14 |
| 1,048 | 1,244 | 1,435 | 1,608 | 1,648 | 1,716 |
Current Liabilities Current LiabilitiesCr | 778 | 720 | 805 | 840 | 677 | 819 |
Non Current Liabilities Non Current LiabilitiesCr | 11 | 11 | 10 | 15 | 21 | 26 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 1,595 | 1,711 | 1,955 | 2,055 | 1,896 | 1,947 |
Non Current Assets Non Current AssetsCr | 257 | 278 | 309 | 422 | 463 | 627 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 134 | 369 | -64 | 167 | 61 |
Investing Cash Flow Investing Cash FlowCr | -82 | -299 | 124 | 18 | -61 |
Financing Cash Flow Financing Cash FlowCr | -19 | -76 | -69 | -63 | -103 |
|
Free Cash Flow Free Cash FlowCr | 123 | 355 | -95 | 80 | 24 |
| 56.4 | 141.7 | -28.5 | 83.2 | 54.3 |
CFO To EBITDA CFO To EBITDA% | 43.0 | 103.1 | -19.1 | 65.9 | 38.0 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 1,375 | 1,451 | 1,644 | 3,181 | 2,558 |
Price To Earnings Price To Earnings | 5.8 | 5.6 | 7.3 | 15.8 | 22.4 |
Price To Sales Price To Sales | 0.7 | 0.5 | 0.5 | 0.8 | 0.7 |
Price To Book Price To Book | 1.3 | 1.1 | 1.1 | 2.0 | 1.5 |
| 4.2 | 3.9 | 4.7 | 11.8 | 15.3 |
Profitability Ratios Profitability Ratios |
| 29.9 | 22.7 | 19.4 | 17.3 | 16.6 |
| 15.6 | 12.2 | 9.3 | 6.8 | 4.2 |
| 11.8 | 8.9 | 6.2 | 5.4 | 3.0 |
| 31.0 | 29.2 | 23.3 | 18.6 | 11.1 |
| 22.3 | 20.7 | 15.6 | 12.4 | 6.8 |
| 12.8 | 13.1 | 10.0 | 8.1 | 4.8 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
**Savita Oil Technologies Limited**, established in **1961** and headquartered in **Mumbai, India**, is a leading manufacturer of **specialty petroleum products** with over **six decades of industry leadership**. The company is a trusted supplier to major automotive and industrial OEMs and serves diverse sectors including power, automotive, FMCG, pharmaceuticals, agriculture, and plastics. With world-class manufacturing facilities in **Maharashtra and Silvassa (Dadra and Nagar Haveli and Daman & Diu)**, Savita blends innovation, sustainability, and high-quality manufacturing to deliver advanced fluid solutions globally.
The company is publicly listed on the **BSE and NSE**, having gone public in 1994, and is recognized as one of India’s most innovative specialty oil manufacturers. As of FY26, Savita continues to outperform in the domestic and global markets, driven by robust volume growth, innovation, and sustainability-led differentiation.
---
### **Core Business Segments & Product Portfolio**
#### **1. Automotive Lubricants (B2B & B2C)**
- **Key Brand**: **SAVSOL**, one of India’s **fastest-growing lubricant brands**, offering a wide range of products meeting **BS VI emission norms**.
- **Applications**: Passenger cars, motorcycles, commercial vehicles, and farm equipment.
- **OEM Partnerships**: Maintains **long-standing relationships (over 20 years)** with leading two-wheeler, four-wheeler, and commercial vehicle OEMs.
- **Growth Drivers**: Low vehicle density in India, rising per capita income, infrastructure development, and expansion of franchise workshop networks.
#### **2. Industrial Lubricants & Fluids**
- **Offerings**: Hydraulic oils, turbine oils, thermic fluids, gear oils, quenching oils, metalworking fluids, coolants, and greases — all marketed under the **SAVSOL** brand.
- **Clients**: Industrial OEMs across machinery, equipment, and manufacturing sectors.
- **Growth Focus**: Digitization, supply chain optimization, and deepening of B2B client relationships.
- **Distribution**: Independent industrial distribution network with increasing penetration.
#### **3. Power Sector – Transformer Oils**
- **Key Brand**: **TRANSOL** – a comprehensive range of insulating and cooling fluids for transformers.
- **Unique Offering**: Only **global manufacturer offering all three classes** of transformer fluids:
- **Mineral Oil-Based**
- **Natural Ester-Based (bioTransol)**
- **Synthetic Ester-Based (TRANSOL Synth)**
- **bioTransol**: First-of-its-kind bio-based fluid in India (launched 2015); biodegradable, safer, and more efficient.
- **TRANSOL Synth100**: High-performance, synthetic ester-based fluid targeting sensitive applications (rail, mining, floating solar).
- **End Users**: Transformer OEMs, utilities, and power infrastructure developers.
- **Growth Drivers**: Rural electrification, grid modernization, renewable energy projects, and demand for fire-safe, environmentally sustainable fluids.
#### **4. Petroleum Specialty Products**
- **White & Mineral Oils**: Marketed under **TECHNOL** and **SAVONOL**.
- Used in **pharmaceuticals, cosmetics, food-grade applications, personal care, polymers, and plastics**.
- **Top 2 supplier in India**, with rising demand driven by D2C personal care brands and growing consumer awareness.
- **Petroleum Jellies**: Offered under **SAVOGEL** (e.g., Ultima White, Snow White).
- Known for **lubricity, moisture resistance, and smoothness**.
- Key applications: Personal care, rubber, and industrial formulations.
- **Formulated Specialty Products**: Includes wax emulsions, cable filling compounds (SAVOFIL, SAVOFLOD), and optic fibre jellies (VITAGEL).
- Support infrastructure growth, especially in **5G, telecom, and PLI-driven domestic manufacturing**.
---
### **Innovation & R&D**
- **NABL-Accredited R&D Laboratory**: Central to product innovation, customization, and compliance.
- **Ester Technology Platform**: A core strategic differentiator.
- First Indian company to **develop and manufacture its own ester molecule**.
- Enabled the launch of **SAVSOL Ester5** (premium ester-based automotive lubricants) and **TRANSOL Synth**.
- Offers **superior thermal stability, oxidation resistance, fuel efficiency, and lower engine friction**.
- **R&D Focus Areas**:
- Development of high-performance, sustainable, and biodegradable products.
- Premiumization of existing product lines.
- Pipeline of new ester-based formulations for automotive, industrial, and power sectors.
---
### **Sustainability & Renewable Energy Leadership**
- **Pioneer in Renewable Energy**: Operating **18 wind energy sites** across Maharashtra, Tamil Nadu, and Karnataka since **1999**.
- **Installed Capacity**: **53.8 MW** of wind power, making it **Asia’s only carbon-positive petroleum specialty company**.
- **Solar Integration**: **650 KWp rooftop solar capacity** across manufacturing facilities.
- **Environmental Compliance**:
- **Three out of four manufacturing plants are Zero Liquid Discharge (ZLD)**.
- One plant uses a **Common Effluent Treatment Plant (ETP)**.
- ISO 14001:2015 certified environmental management system.
- **Sustainability Strategy**: Aligned with India’s **circular economy goals** and global carbon reduction trends.
---
### **Manufacturing & Infrastructure**
- **Four ISO-Certified, State-of-the-Art Plants**:
- **Navi Mumbai (Unit I)**: Transformer oils, white oils.
- **Mahad (Unit II & Synthetic Ester Plant)**: Specialty products, compressor oils, chain lubricants, **and India’s first commercial synthetic ester plant** (3,000 MT/year, expandable to 5,000 MT).
- **Kharadpada and Silli (Silvassa)**: Lubricants, specialty oils (ZLD facilities).
- **Synthetic Ester Plant (Mahad, 2023)**: A strategic milestone — enables self-sufficiency in ester production and supports future product innovation.
- **Silli, Silvassa Plant (2013)**: Fully automated, built for high-efficiency production.
---
### **Growth Initiatives & Strategic Focus (FY25–FY26)**
#### **1. Ester-Based Product Expansion**
- Positioned **esters as a core technology platform** with applications across:
- Automotive lubricants (SAVSOL Ester5).
- **Immersion Cooling Fluids** for **electric vehicles (EVs), battery energy storage systems (BESS), and data centers**.
- Refrigeration compressor lubricants.
- Received **first commercial order for Ester-based immersion cooling fluid** in 2024 — early sign of traction in **India’s expanding renewable and EV ecosystem**.
#### **2. Brand & Market Development**
- **SAVSOL Ester5 Launch (April 2024)**: Achieved **strong customer acceptance** across retail, OEM, and industrial channels.
- **Brand Ambassador**: **Bollywood actor Sidharth Malhotra** retained for FY25 to boost **brand visibility and premium positioning**.
- **Marketing Strategy**: Increased spend on **digital, experiential, and performance marketing** to expand market share in synthetic lubricants.
#### **3. Export Momentum**
- **Exports to over 75 countries**, with growing demand from North America and Europe.
- Gaining traction due to **India’s competitive manufacturing ecosystem** and global OEMs seeking diversified supply chains.
- Challenges from **Red Sea shipping crisis (FY24)** have eased, improving export competitiveness.
#### **4. Distribution Network**
- Extensive domestic network:
- **41 stock points**
- **400+ distributors**
- **1,500+ franchise dealers**
- **20,000+ retailers**
- Strengthening **industrial and retail footprint** to support SAVSOL and premium product categories.
---
### **Financial & Operational Highlights (as of Nov 2025)**
- **Total Income Growth**:
- **+17% YoY in Q1 FY26**
- **+11% in H1 FY26**
- **Volume Growth**: Strong **double-digit growth** driven by transformer oils, white oils, and exports.
- **Revenue (FY24)**: ₹3,812 crores (**+4% YoY**), with **+8% volume growth** despite export disruptions.
- **Diesel Exhaust Fluid (DEF) Sales**: Surge of **80% YoY** due to BS-VI diesel engine adoption.
---
### **Sustainability & Strategic Ventures**
- **Savita GreenTec Limited**: Wholly-owned subsidiary focused on **plastic upcycling and recycling**.
- Phase 1 operations expected by **December 2024**.
- Reinforces commitment to **circular economy and environmental stewardship**.
---
### **Key Strengths & Competitive Advantages**
- **First-Mover in Ester Technology** in India — owns end-to-end manufacturing capability.
- **Only global company offering all three transformer fluid types**.
- **Deep OEM relationships** (some >20 years) across automotive and industrial sectors.
- **Robust sustainability credentials**, including 25+ years in renewable energy.
- **Strong R&D and quality control** (NABL certification) enabling differentiation.
- **Dual B2B and B2C model** — scales business across retail and institutional markets.