Nayara Energy (Formerly Essar Oil) Limited Unlisted Shares

Nayara Energy (Formerly Essar Oil) Limited Unlisted Shares

Fundamentals

Nayara Energy (Formerly Essar Oil) Limited
₹900 Per Equity Share

Lot Size 100 Shares

52 Week High 1875

52 Week Low 700

Depository NSDL & CDSL

PAN Number AAACE0890P

ISIN Number INE011A01019

CIN U11100GJ1989PLC032116

RTA MUFG Intime India
Market Cap (in cr.) 134151

P/E Ratio 22.07

P/B Ratio 2.68

Debt to Equity 0.25

ROE (%) 12.16

Book Value 335.58

Face Value 10

Total Shares 1490561155

P&L Statement

P&L Statement 2022 2023 2024 2025
Revenue 119690.2 138112 155091 149217
Cost of Material Consumed 70423.5 91387 107085 110856
Change in Inventory -3150.7 1901 -318 -599
Gross Margins 43.79 32.45 31.16 26.11
Employee Benefit Expenses 761 835 1044 1025
Other Expenses 46969.3 26431 27550 26748
EBITDA 4687.1 17558 19730 11187
OPM 3.92 12.71 12.72 7.5
Other Income 314.6 754 939 1107
Finance Cost 1839.6 2377 2242 1706
D&A 1941.1 3401 1998 2130
EBIT 2746 14157 17732 9057
EBIT Margins 2.29 10.25 11.43 6.07
PBT 1221 12534 16430 8458
PBT Margins 1.02 9.08 10.59 5.67
Tax 300 3108 4109 2379
PAT 921 9426 12321 6079
NPM 0.77 6.82 7.94 4.07
EPS 6.11 62.54 81.75 40.33

Financial Ratios

Financial Ratios 2022 2023 2024 2025
Operating Profit Margin 3.92 12.71 12.72 7.5
Net Profit Margin 0.77 6.82 7.94 4.07
Earning Per Share (Diluted) 6.11 62.54 81.75 40.33

Balance Sheet

Assets 2022 2023 2024 2025
Fixed Assets 41856.2 42441 40987 44886
CWIP 2271.1 4055 5421 1804
Investments 0 1780 375 958
Trade Receivables 5086.6 5265 7320 4213
Inventory 12344.1 9595 10393 10457
Other Assets 19787.4 21705 23253 23130
Total Assets 81345.4 84841 87749 85448

Liabilities

Liabilities 2022 2023 2024 2025
Share Capital 1507.2 1507.2 1507.2 1507.2
FV 10 10 10 10
Reserves 20134.5 29026 41984 48503
Borrowings 13697.3 12043 11785 12602
Trade Payables 16292.1 14587 11786 7112
Other Liabilities 29714.3 27677.8 20686.8 15723.8
Total Liabilities 81345.4 84841 87749 85448

Cash-Flow Statement

Cash-Flow Statement 2022 2023 2024 2025
PBT 1221 12535 16430 8458
OPBWC 4981 18699 20081 11585
Change in Receivables -2957 -255 -2178 3151
Change in Inventories -2999.3 2749 -798 -63
Change in Payables 2059.8 -2332 -9373 -9409
Other Changes 0 0 0 -1
Working Capital Change -3896.5 162 -12349 -6322
Cash Generated From Operations 1084.5 18861 7732 5263
Tax 268.1 -842 -4277 -2215
Cash Flow From Operations 1352.6 18019 3455 3048
Purchase of PPE -1688.4 -3788 -1863 -2284
Sale of PPE 2.6 14 1.6 4
Cash Flow From Investment -1903.4 -4904 -6383 -1456
Borrowing 546.3 -2089 -357 760
Dividend 0 0 0 0
Equity 0 0 0 0
Others From Financing -2016.9 -5119 -2198 -1919
Cash Flow from Financing -1470.6 -7208 -2555 -1159
Net Cash Generated -2021.4 5907 -5483 433
Cash at the Start 3320.5 1307 7206 1723
Cash at the End 1299.1 7214 1723 2156

Shareholding Pattern

Rosneft Singapore Pte. Limited 49.13%
Others 1.61%
Kesani Enterprise Company Limited 49.13%
Rosneft Singapore Pte. Limited 49.26%
Others 1.61%
Kesani Enterprise Company Limited 49.13%
Rosneft Singapore Pte. Limited 49.13%
Others 1.74%
Rosneft Singapore Pte. Limited 49.13%
GDS Held By Kesani Enterprise Company Limited 31.92%
Equity Shares Held By Kesani Enterprise Company Limited 17.21%
Others 1.73%

Promoters or Management

Name Designation Experience LinkedIn Profile
Dr. Alois Virag CEO 35 yrs


Nayara Energy Limited, formerly known as Essar Oil, is one of India’s largest private-sector oil refining and marketing companies, operating the world-class Vadinar refinery in Gujarat. After its acquisition by Rosneft and an international consortium, Nayara has undergone a major transformation, strengthening its refining capabilities, efficiency, and output quality. The company operates a highly complex refinery with a capacity of 20 million metric tonnes per annum (MMTPA), strategically located near international shipping routes. This positions Nayara as a key player in fuel supply, export, and value-added petroleum products. Additionally, its extensive network of fuel retail outlets across India continues to expand, supporting the company’s integrated energy model.

In recent years, Nayara Energy has focused on modernization, capacity enhancement, and environmental sustainability. The company has invested in upgrading refinery configurations to meet BS-VI fuel standards while improving operational automation and energy efficiency. Its strategic initiatives include entry into petrochemicals, expansion of its retail footprint, and strengthening logistics infrastructure with terminals, depots, and pipelines. Nayara’s strong parentage, global partnerships, and robust governance framework have enhanced its market positioning. The company’s continued emphasis on producing high-value fuels, diversifying into petrochemicals, and adopting cleaner technologies positions it well for long-term growth as the energy sector transitions toward low-emission solutions.

From an investment standpoint, Nayara Energy’s unlisted shares attract considerable interest due to its scale, brand strength, and strategic importance within India’s refining ecosystem. While unlisted shares offer early-stage value, they also come with lower liquidity and lesser public financial disclosure. Nayara’s performance is closely linked to global crude oil prices, refining margins, and regulatory developments in the energy sector, which can influence returns. However, the company’s strong cash flows, expansion plans, and diversification into higher-margin petrochemicals contribute positively to its investment appeal. With India’s rising energy demand and ongoing infrastructure growth, Nayara Energy remains a significant and stable player. For investors seeking exposure to India's downstream oil and energy sector, Nayara’s unlisted shares present a compelling long-term opportunity supported by strong fundamentals and global strategic backing.


FAQs about Nayara Energy (Formerly Essar Oil) Limited Unlisted Shares


Q:1 How do I confirm my booking for Nayara Energy Unlisted Shares?

Answer: You can confirm your booking by contacting us and agreeing on a trading price for Nayara Energy Unlisted Shares.

Q:2 What documents do I need to provide to buy Nayara Energy Unlisted Shares?Answer: You need to provide your client master report, PAN Card, and a cancelled cheque.If you do not have the client master report, please ask your broker for it.

Q:3 Are there any specific regulations I need to follow when buying these shares?Answer: Yes, you need to comply with SEBI regulations which require KYC documents, including your client master report, PAN Card, and cancelled cheque.

Q:4 How do I transfer the payment for Nayara Energy Unlisted Shares?Answer: You will receive our bank details.You need to transfer the funds to that account using RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not accepted.

Q:5 Can I make the payment from any bank account?

Answer: No, the payment must be made from the same bank account where the shares will be credited.

Q:6 Is there a preferred method of payment for buying Nayara Energy Unlisted Shares?Answer: The preferred methods of payment are RTGS, NEFT, IMPS, or cheque transfer.Cash deposits are not allowed.

Q:7 What should I do if I dont have a client master report?

Answer: You should contact your broker to obtain the client master report, as it is a required document for the transaction.

Q:8 Can I buy Nayara Energy Unlisted Shares in cash?

Answer: No, cash deposits are not permitted.All payments must be made through bank transfers or cheque.



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