Nepal Lube Oil Limited (NLO) Share Price & Fundamentals

Nepal Lube Oil (NLO) share price is Rs. 277.40, up 2.97% on 2026-08-18. Open Rs. 277.40. High Rs. 277.40. Low Rs. 277.40. Volume 62.

Nepal Lube Oil Limited is a NEPSE-listed company (NLO), Manufacturing And Processing sector. Revenue: Rs. 135.28 Crore. Net profit: Rs. 4.57 Crore. Net worth: Rs. 42.33 Crore.

About Nepal Lube Oil Limited

Manufacturer and distributor of lubricants in Nepal (Gulf brand), with plant at Amlekhgunj, Bara and corporate office at Tripureshwor, Kathmandu. Also trades batteries and EV chargers. Group includes a subsidiary (consolidated accounts published from FY2081/82).

Nepal Lube Oil Limited (NLO) has 8,74,352 shares outstanding. Its most recent declared dividend was 1.05% on face value.

NLO key metrics

Market Cap	Rs. 24.25 Crore
P/E Ratio	5.31
P/E Ratio (TTM)	3.81
EPS	Rs. 52.23
EPS (TTM)	Rs. 72.75
Book Value	Rs. 559.45
Dividend Yield	0.38%
Face Value	Rs. 100.00
52 Week High	Rs. 277.40
52 Week Low	Rs. 244.33

NLO strengths

What Nepal Lube Oil Limited's own accounts show in its favour, graded against the rest of its sector.

Buildings and machinery are a modest 18.6% of assets, so it is not tied to heavy fixed costs. (Efficiency)
66.6% of shareholder funds are past profits kept in the business rather than paid out. (Shareholder Returns)

NLO weaknesses

What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.

Cash is only 0.9% of what it owns, so there is little spare for a surprise. (Liquidity)
Short term bills are covered only 1.45x over, so a slow month could squeeze cash. (Liquidity)
Without selling stock, bills are covered only 0.9x over, so it depends on shifting inventory. (Liquidity)
Only 42.1% of what it owns was paid for by shareholders, the rest is funded by debt. (Leverage & Solvency)

NLO Q3 2082/83 results

In Q3 2082/83 Nepal Lube Oil Limited reported profit of Rs. 3.02 crore and revenue from operations of Rs. 49.61 crore. Profit in Q2 2082/83 was Rs. 1.52 crore. Profit grew 98.13% on the previous quarter. Revenue from operations grew 34.16% on the previous quarter. Profit in Q3 2081/82, the same quarter a year earlier, was Rs. 1.04 crore. Profit grew 188.82% on the same quarter last year. Revenue from operations grew 43.50% on the same quarter last year.

NLO annual results 2081/82

For the financial year 2081/82 Nepal Lube Oil Limited reported net profit of Rs. 4.57 crore, revenue from operations of Rs. 135.28 crore and net worth of Rs. 42.33 crore. Net profit in 2080/81 was Rs. 4.58 crore. Net profit fell 0.31% on the year. Revenue from operations grew 15.09% on the year.

NLO profit and loss for 2081/82

In the financial year 2081/82, Nepal Lube Oil Limited reported revenue from operations of Rs. 135.28 crore, gross profit of Rs. 40.51 crore, operating profit of Rs. 8.97 crore, profit before tax of Rs. 5.74 crore and net profit for the year of Rs. 4.57 crore.

Reported under gross profit: cost of sales of Rs. 94.77 crore. Reported under operating profit: other income of Rs. 0.95 crore, selling and distribution expenses of Rs. 25.99 crore, administrative expenses of Rs. 5.8 crore and other operating expenses of Rs. 0.7 crore. Reported under profit before tax: finance costs of Rs. 3.31 crore and gain on investments through fair value of Rs. 0.08 crore. Reported under net profit for the year: current tax of Rs. 1.52 crore and deferred tax of Rs. 0.35 crore.

NLO profit and loss for 2080/81

In the financial year 2080/81, Nepal Lube Oil Limited reported revenue from operations of Rs. 117.55 crore, gross profit of Rs. 35.1 crore, operating profit of Rs. 9.24 crore, profit before tax of Rs. 5.72 crore and net profit for the year of Rs. 4.58 crore.

Reported under gross profit: cost of sales of Rs. 82.44 crore. Reported under operating profit: other income of Rs. 0.71 crore, selling and distribution expenses of Rs. 21.76 crore, administrative expenses of Rs. 4.11 crore and other operating expenses of Rs. 0.7 crore. Reported under profit before tax: finance costs of Rs. 3.82 crore and gain on investments through fair value of Rs. 0.3 crore. Reported under net profit for the year: current tax of Rs. 0.95 crore and deferred tax of Rs. 0.19 crore.

NLO balance sheet for 2081/82

In the financial year 2081/82, Nepal Lube Oil Limited reported total non-current assets of Rs. 21.58 crore, total current assets of Rs. 84.78 crore, total equity of Rs. 42.33 crore, total non-current liabilities of Rs. 6.12 crore and total current liabilities of Rs. 57.91 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 21.3 crore, capital work-in-progress of Rs. 0 crore, right-of-use assets of Rs. 0.28 crore, deferred tax assets of Rs. 0 crore and other financial assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 27.96 crore, trade receivables of Rs. 44.51 crore, cash and cash equivalents of Rs. 1.27 crore, income tax assets (net) of Rs. 0.87 crore, prepayments of Rs. 5.47 crore, other financial assets of Rs. 0.13 crore and other current assets of Rs. 4.59 crore. Reported under total equity: share capital of Rs. 7.29 crore, retained earnings of Rs. 27.43 crore and other equity of Rs. 7.61 crore. Reported under total non-current liabilities: lease liabilities of Rs. 0.17 crore, deferred tax liabilities (net) of Rs. 1.16 crore and retirement benefit obligation of Rs. 4.79 crore. Reported under total current liabilities: short term borrowings of Rs. 40.17 crore, trade payables of Rs. 7.71 crore, lease liabilities of Rs. 0.13 crore, retirement benefit obligation of Rs. 2.4 crore, other current liabilities of Rs. 1.41 crore and provisions of Rs. 6.11 crore.

NLO balance sheet for 2080/81

In the financial year 2080/81, Nepal Lube Oil Limited reported total non-current assets of Rs. 21.05 crore, total current assets of Rs. 66.46 crore, total equity of Rs. 37.57 crore, total non-current liabilities of Rs. 5.45 crore and total current liabilities of Rs. 44.48 crore.

Reported under total non-current assets: property, plant and equipment of Rs. 20.34 crore, capital work-in-progress of Rs. 0.42 crore, right-of-use assets of Rs. 0.29 crore, deferred tax assets of Rs. 0 crore and other financial assets of Rs. 0 crore. Reported under total current assets: inventories of Rs. 21.8 crore, trade receivables of Rs. 36.86 crore, cash and cash equivalents of Rs. 2.31 crore, income tax assets (net) of Rs. 1.38 crore, prepayments of Rs. 3.96 crore, other financial assets of Rs. 0.14 crore and other current assets of Rs. 0 crore. Reported under total equity: share capital of Rs. 6.07 crore, retained earnings of Rs. 24.58 crore and other equity of Rs. 6.92 crore. Reported under total non-current liabilities: lease liabilities of Rs. 0.17 crore, deferred tax liabilities (net) of Rs. 1.33 crore and retirement benefit obligation of Rs. 3.95 crore. Reported under total current liabilities: short term borrowings of Rs. 30.69 crore, trade payables of Rs. 6.16 crore, lease liabilities of Rs. 0.13 crore, retirement benefit obligation of Rs. 2.92 crore, other current liabilities of Rs. 0.61 crore and provisions of Rs. 3.97 crore.

NLO cash flow for 2081/82

In the financial year 2081/82, Nepal Lube Oil Limited reported opening cash & cash equivalents of Rs. 2.31 crore, net cash from operating activities of Rs. 1.29 crore, net cash from investing activities of Rs. 5.84 crore, net cash from financing activities of Rs. 3.51 crore, net change in cash of Rs. 1.04 crore and closing cash & cash equivalents of Rs. 1.27 crore.

Reported under net cash from operating activities: profit before tax of Rs. 5.74 crore, adjustment for depreciation and amortisation of Rs. 1.75 crore, adjustment for finance costs of Rs. 2.88 crore and income tax paid of Rs. 1.19 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 5.92 crore and interest received of Rs. 0.08 crore. Reported under net cash from financing activities: proceeds from borrowings of Rs. 4.4 crore, repayment of borrowings of Rs. 0.38 crore, payment of lease liabilities of Rs. 0.18 crore, dividends paid of Rs. 0.3 crore and interest paid of Rs. 0.21 crore.

NLO cash flow for 2080/81

In the financial year 2080/81, Nepal Lube Oil Limited reported opening cash & cash equivalents of Rs. 2.21 crore, net cash from operating activities of Rs. 0.67 crore, net cash from investing activities of Rs. 0.34 crore, net cash from financing activities of Rs. 0.24 crore, net change in cash of Rs. 0.1 crore and closing cash & cash equivalents of Rs. 2.31 crore.

Reported under net cash from operating activities: profit before tax of Rs. 5.72 crore, adjustment for depreciation and amortisation of Rs. 0.73 crore, adjustment for finance costs of Rs. 3.43 crore and income tax paid of Rs. 1.29 crore. Reported under net cash from investing activities: purchase of property, plant and equipment of Rs. 0.64 crore and interest received of Rs. 0.3 crore. Reported under net cash from financing activities: payment of lease liabilities of Rs. 0.14 crore and dividends paid of Rs. 0.24 crore.

NLO quarterly for Q3 2082/83

In the quarter Q3 2082/83, Nepal Lube Oil Limited reported revenue from operations of Rs. 49.61 crore, gross profit of Rs. 15.33 crore, operating profit of Rs. 4.41 crore, profit before tax of Rs. 3.77 crore and net profit for the year of Rs. 3.02 crore.

Reported under gross profit: cost of sales of Rs. 34.27 crore. Reported under operating profit: other income of Rs. 0.18 crore, selling and distribution expenses of Rs. 9.58 crore, administrative expenses of Rs. 0.89 crore and other operating expenses of Rs. 0.63 crore. Reported under profit before tax: finance costs of Rs. 0.64 crore. Reported under net profit for the year: current tax of Rs. 0.75 crore.

NLO quarterly for Q2 2082/83

In the quarter Q2 2082/83, Nepal Lube Oil Limited reported revenue from operations of Rs. 36.98 crore, gross profit of Rs. 10.02 crore, operating profit of Rs. 2.6 crore, profit before tax of Rs. 1.9 crore and net profit for the year of Rs. 1.52 crore.

Reported under gross profit: cost of sales of Rs. 26.95 crore. Reported under operating profit: other income of Rs. 0.13 crore, selling and distribution expenses of Rs. 6.29 crore, administrative expenses of Rs. 1.27 crore and other operating expenses of Rs. 0.01 crore. Reported under profit before tax: finance costs of Rs. 0.7 crore. Reported under net profit for the year: current tax of Rs. 0.38 crore.

NLO quarterly for Q1 2082/83

In the quarter Q1 2082/83, Nepal Lube Oil Limited reported revenue from operations of Rs. 28.99 crore, gross profit of Rs. 7.52 crore, operating profit of Rs. 1.41 crore, profit before tax of Rs. 0.73 crore and net profit for the year of Rs. 0.59 crore.

Reported under gross profit: cost of sales of Rs. 21.47 crore. Reported under operating profit: other income of Rs. 0 crore, selling and distribution expenses of Rs. 4.37 crore, administrative expenses of Rs. 1.72 crore and other operating expenses of Rs. 0.03 crore. Reported under profit before tax: finance costs of Rs. 0.67 crore. Reported under net profit for the year: current tax of Rs. 0.15 crore.

NLO quarterly for Q4 2081/82

In the quarter Q4 2081/82, Nepal Lube Oil Limited reported revenue from operations of Rs. 45.76 crore, gross profit of Rs. 24.29 crore, operating profit of Rs. 3.61 crore, profit before tax of Rs. 2.89 crore and net profit for the year of Rs. 1.23 crore.

Reported under gross profit: cost of sales of Rs. 21.47 crore. Reported under operating profit: other income of Rs. 0.13 crore, selling and distribution expenses of Rs. 17.03 crore, administrative expenses of Rs. 2.95 crore and other operating expenses of Rs. 0.57 crore. Reported under profit before tax: finance costs of Rs. 0.72 crore. Reported under net profit for the year: current tax of Rs. 0.58 crore and deferred tax of Rs. 1.08 crore.

NLO Profit & Loss

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81
Revenue from Operations	135	118
Gross Profit	40.5	35.1
Cost of Sales	-94.8	-82.4
Operating Profit	9.0	9.2
Other Income	0.95	0.71
Selling and Distribution Expenses	-26.0	-21.8
Administrative Expenses	-5.8	-4.1
Other Operating Expenses	-0.70	-0.70
Profit Before Tax	5.7	5.7
Finance Costs	-3.3	-3.8
Gain on Investments through Fair Value	0.08	0.30
Net Profit for the Year	4.6	4.6
Current Tax	-1.5	-0.95
Deferred Tax	0.35	-0.19

NLO Balance Sheet

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81
Total Non-Current Assets	21.6	21.0
Property, Plant and Equipment	21.3	20.3
Capital Work-in-Progress	0.00	0.42
Right-of-Use Assets	0.28	0.29
Deferred Tax Assets	0.00	0.00
Other Financial Assets	0.00	0.00
Total Current Assets	84.8	66.5
Inventories	28.0	21.8
Trade Receivables	44.5	36.9
Cash and Cash Equivalents	1.3	2.3
Income Tax Assets (Net)	0.87	1.4
Prepayments	5.5	4.0
Other Financial Assets	0.13	0.14
Other Current Assets	4.6	0.00
Total Equity	42.3	37.6
Share Capital	7.3	6.1
Retained Earnings	27.4	24.6
Other Equity	7.6	6.9
Total Non-Current Liabilities	6.1	5.4
Lease Liabilities	0.17	0.17
Deferred Tax Liabilities (Net)	1.2	1.3
Retirement Benefit Obligation	4.8	3.9
Total Current Liabilities	57.9	44.5
Short Term Borrowings	40.2	30.7
Trade Payables	7.7	6.2
Lease Liabilities	0.13	0.13
Retirement Benefit Obligation	2.4	2.9
Other Current Liabilities	1.4	0.61
Provisions	6.1	4.0

NLO Cash Flow

Values in Rs. Crore unless stated otherwise.

Particulars	2081/82	2080/81
Opening Cash & Cash Equivalents	2.3	2.2
Net Cash from Operating Activities	1.3	0.67
Profit Before Tax	5.7	5.7
Adjustment for Depreciation and Amortisation	1.7	0.73
Adjustment for Finance Costs	2.9	3.4
Income Tax Paid	-1.2	-1.3
Net Cash from Investing Activities	-5.8	-0.34
Purchase of Property, Plant and Equipment	-5.9	-0.64
Interest Received	0.08	0.30
Net Cash from Financing Activities	3.5	-0.24
Proceeds from Borrowings	4.4	Not reported
Repayment of Borrowings	-0.38	Not reported
Payment of Lease Liabilities	-0.18	-0.14
Dividends Paid	-0.30	-0.24
Interest Paid	-0.21	Not reported
Net Change in Cash	-1.0	0.10
Closing Cash & Cash Equivalents	1.3	2.3

NLO Quarterly Results

Values in Rs. Crore unless stated otherwise.

Particulars	Q3 2082/83	Q2 2082/83	Q1 2082/83	Q4 2081/82	Q3 2081/82	Q2 2081/82	Q1 2081/82
Revenue from Operations	49.6	37.0	29.0	45.8	34.6	28.3	26.7
Gross Profit	15.3	10.0	7.5	24.3	2.3	8.9	7.2
Cost of Sales	-34.3	-27.0	-21.5	-21.5	-32.3	-19.4	-19.5
Operating Profit	4.4	2.6	1.4	3.6	0.68	2.8	1.4
Other Income	0.18	0.13	0.00	-0.13	-0.02	0.25	0.02
Selling and Distribution Expenses	-9.6	-6.3	-4.4	-17.0	-1.5	-5.2	-4.1
Administrative Expenses	-0.89	-1.3	-1.7	-2.9	-0.05	-1.2	-1.7
Other Operating Expenses	-0.63	0.01	-0.03	-0.57	-0.07	-0.02	-0.03
Profit Before Tax	3.8	1.9	0.73	2.9	-0.04	2.0	0.70
Finance Costs	-0.64	-0.70	-0.67	-0.72	-0.73	-0.72	-0.67
Net Profit for the Year	3.0	1.5	0.59	1.2	1.0	1.6	0.56
Current Tax	-0.75	-0.38	-0.15	-0.58	-0.01	-0.41	-0.14
Deferred Tax	Not reported	Not reported	Not reported	-1.1	1.1	Not reported	Not reported

Nepal Lube Oil share price history

Over the last 15 trading sessions NLO closed between Rs. 244.33 and Rs. 293.20, finishing at Rs. 277.40 on 2026-08-18 against Rs. 251.80 on 2025-01-02.

Date	Open	High	Low	Close	Volume
2026-08-18	277.40	277.40	277.40	277.40	62
2026-04-07	269.40	269.40	269.40	269.40	1
2026-02-02	264.20	269.40	264.20	269.40	30
2026-01-14	259.10	259.10	259.10	259.10	10
2025-12-14	249.20	254.10	249.20	254.10	51
2025-11-16	244.33	244.33	244.33	244.33	8
2025-07-06	293.20	293.20	293.20	293.20	10
2025-06-24	288.00	288.00	288.00	288.00	10
2025-05-25	282.40	282.40	282.40	282.40	1
2025-04-22	282.40	282.40	282.40	282.40	32
2025-03-20	276.90	276.90	276.90	276.90	1
2025-03-16	276.90	276.90	276.90	276.90	2
2025-02-25	256.80	276.90	256.80	276.90	60
2025-02-06	251.80	251.80	251.80	251.80	10
2025-01-02	251.80	251.80	251.80	251.80	3

NLO share price by year

2026, between Rs. 259.10 and Rs. 277.40, 2025, between Rs. 244.33 and Rs. 293.20, 2024, between Rs. 230.40 and Rs. 284.90, 2023, between Rs. 246.00 and Rs. 282.40, 2022, between Rs. 231.90 and Rs. 284.20 and 2021, between Rs. 274.00 and Rs. 316.00.

Year	Low (Rs.)	High (Rs.)	Sessions
2026	259.10	277.40	4
2025	244.33	293.20	11
2024	230.40	284.90	17
2023	246.00	282.40	9
2022	231.90	284.20	10
2021	274.00	316.00	2
2020	187.00	261.00	9
2019	173.69	184.00	3
2015	165.95	165.95	2
2014	162.84	191.67	2
2012	188.56	191.68	2

Nepal Lube Oil share price returns

At Rs. 277.40 on 2026-08-18, NLO is unchanged over 1 week, unchanged over 1 month, up 2.97% over 3 months, up 2.97% over 6 months, down 5.39% over 1 year and down 12.22% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.

Period	Return	From price (Rs.)	From date
1 week	0.00%	277.40	2026-08-18
1 month	0.00%	277.40	2026-08-18
3 months	+2.97%	269.40	2026-04-07
6 months	+2.97%	269.40	2026-02-02
1 year	-5.39%	293.20	2025-07-06
5 years	-12.22%	316.00	2021-07-05

NLO dividend history: bonus shares and cash dividend

Nepal Lube Oil Limited most recently declared a 15% bonus share issue and a 6.0526% cash dividend, 21.0526% in total for 2082/2083, announced on 2026-09-15. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.

Financial year	Bonus share	Cash dividend	Announced
2082/2083	15%	6.0526%	2026-09-15
2081/2082	20%		2025-09-18
2080/2081	20%	5%	2024-09-11
2079/2080	25%	5%	2023-12-17
2078/2079	25%	5%	2022-09-20

For 2082/2083 Nepal Lube Oil Limited declared a 15% bonus share issue and a 6.0526% cash dividend, 21.0526% in total, announced on 2026-09-15.

For 2081/2082 Nepal Lube Oil Limited declared a 20% bonus share issue, announced on 2025-09-18.

For 2080/2081 Nepal Lube Oil Limited declared a 20% bonus share issue and a 5% cash dividend, 25% in total, announced on 2024-09-11.

For 2079/2080 Nepal Lube Oil Limited declared a 25% bonus share issue and a 5% cash dividend, 30% in total, announced on 2023-12-17.

For 2078/2079 Nepal Lube Oil Limited declared a 25% bonus share issue and a 5% cash dividend, 30% in total, announced on 2022-09-20.

NLO general meetings

Annual and special general meetings Nepal Lube Oil Limited has called. A dividend is declared by the board and approved at the AGM.

35th AGM for 2082/2083: on 2026-10-05, at The Plaza (Copper Floor), Pulchowk, Lalitpur (11:30 AM)
34th AGM for 2081/2082: on 2025-10-17, at The Plaza, Pulchowk, Lalitpur (11:30 AM)
SGM for 2080/2081: on 2025-02-11, at The Plaza, Pulchowk, Lalitpur (11:00 AM)

2 years of annual statements and 7 quarters of results for NLO, with charts and peer comparison, are free on NepView.

New to these statements? How to read a profit and loss statement, How to read a balance sheet, How to read a cash flow statement, How to read quarterly results.

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