Savita Oil Technologies

What Savita Oil Technologies does

Savita Oil Technologies Limited (NSE: SOTL) is an India-based, publicly listed petroleum specialty manufacturer founded in 1961 and headquartered in Mumbai. The company produces transformer oils (mineral-based Transol, natural ester bioTransol, and synthetic ester Transol Synth 100), high-performance lubricants under the Savsol brand powered by its proprietary Ester Fluid Technology, pharmaceutical and technical-grade white oils (Savonol, Technol, Sav-Superior), wax emulsions, petroleum jellies (Savogel), and cable filling compounds. Its products serve eight primary verticals: power and energy infrastructure, railways, automotive OEMs and aftermarket, pharmaceutical and personal care, plastics and polymers, data centers and digital infrastructure, battery energy storage, and electric vehicles.

The company's technology foundation is a DSIR-recognized R&D center developing proprietary ester-based and mineral-based specialty fluid formulations, supported by SCADA-controlled manufacturing at Silvassa and Mahad (Maharashtra). Its product portfolio is differentiated by third-party certifications (FM Global, UL, FDA, GMP, KOSHER, HALAL, REACH) and compliance with IEC and Indian Standard specifications for transformer fluids. The newer QuantiCool line extends the company's chemistry expertise into single-phase immersion cooling for EV batteries, direct liquid cooling for data centers, and thermal management for grid-scale battery energy storage.

Savita operates a B2B enterprise sales model with direct engagement and long-term supply agreements with major OEMs and government customers, supplemented by five regional Indian sales offices (Delhi, Bhopal, Kolkata, Hyderabad) and channel partnerships such as Mahindra & Mahindra's national franchise and distributor network. The company exports to more than 75 countries. FY26 (year ended March 2026) reported revenue of ₹4,326.45 crore (approximately $514M), up 14.25% year-on-year, with net profit of ₹181.84 crore up 60.64%. The company is carbon-positive, operating 54.15 MW of installed wind energy capacity, and completed Phase II of its synthetic ester plant at Mahad in March 2026.

Name

Savita Oil Technologies

Legal name

Savita Oil Technologies Limited

Website

https://savita.com

Company type

Public

Founded year

1961

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Savita Oil Technologies is an India-based petroleum specialty manufacturer producing certified transformer oils, lubricants, white oils, wax emulsions, and immersion cooling fluids for power utilities, railways, automotive OEMs, pharmaceuticals, data centers, EV batteries, and energy storage customers across 75+ countries.

Ownership category

akta.pro rank

Product category

Specialty Petroleum Products

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), All Other Petroleum and Coal Products Manufacturing (324199)

SIC

Petroleum Refining (2911), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Automotive Lubricants (PCMO, HDMO, ATF, Gear Oils, Coolants) (EUALAJAH)

akta.pro secondary industries

Industrial Lubricants (Hydraulics, Gear, Compressor, Turbine, Metalworking) (EUALAJAG), Greases & Specialty Lubricants (Greases, Pastes, Chain Oils, Silicone/Fluoro) (EUALAJAJ), Process Oils & White Oils (IMAEAMAK)

Keywords

• Transformer oils
• Specialty petroleum fluids
• Industrial lubricants
• White oils
• Immersion cooling fluids

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Transformer Oils & Insulating Fluids: Core revenue stream from mineral-based, natural ester, and synthetic ester transformer fluids. Used in power, distribution & instrument transformers, switch gears and circuit breakers. Leading supplier to Indian power grid utilities and railways.
2. Automotive & Industrial Lubricants: High-performance lubricants under Savsol brand powered by Ester Fluid Technology. Includes engine oils, gear oils, hydraulic oils for automotive, industrial machinery, tractors, and commercial vehicles.
3. White Oils & Liquid Paraffins: Pharmaceutical-grade white oils (Savonol) and technical white oils (Technol) for pharma, food, personal care, and polymer industries. FDA, KOSHER, HALAL certified products.
4. QuantiCool Data Center & EV Cooling Fluids: Ester and glycol-based cooling solutions for direct liquid cooling in data centers, BESS, and EV batteries under unified QuantiCool brand.
5. Wax Emulsions: LDPE/HDPE and paraffin wax emulsions for textiles, leather, paper, construction chemicals, inks, coatings, and packaging applications.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels4 records

Core offering

Savita Oil Technologies manufactures and sells specialty petroleum products including mineral, natural ester and synthetic ester-based transformer oils, high-performance industrial and automotive lubricants, pharmaceutical-grade white oils and liquid paraffins, wax emulsions, cable filling compounds, and QuantiCool immersion cooling fluids for data centers, battery energy storage systems, and EV batteries. Operations span 75+ countries with manufacturing facilities in Silvassa, Navi Mumbai and Mahad (Maharashtra), India.

Product overview

Savita Oil Technologies Limited is a diversified petroleum specialty company offering a comprehensive portfolio of specialty oils, waxes, and advanced fluids. The product portfolio is organized into several core categories: Transformer Oils (Transol mineral-based, bioTransol natural ester, Transol Synth 100 synthetic ester), QuantiCool thermal management fluids (E-Mobility Fluids, Data Center Fluids, BESS Fluids for battery and cooling applications), White Oils & Liquid Paraffins (Savonol pharma/food grade, Technol technical grade, Sav-Superior industrial grade), Lubrication Oils under the Savsol brand with Ester Fluid Technology, Wax Emulsions (LDPE/HDPE and Paraffin emulsions), Petroleum & Wax Derivatives (Savogel petroleum jellies), and Filling Compounds for Cables (Savofil, Savoflod, Vitagel cable gels). The company serves diverse industries including power/energy infrastructure, automotive/transportation, data centers, pharmaceuticals, personal care, plastics/polymers, textiles/leather, construction, mining, and agriculture. Manufacturing facilities are located in Silvassa, Navi Mumbai, and Mahad (Maharashtra), India.

Differentiator

Problem solved

Functional benefit

Products and services

• Transol Transformer Oil Mineral-based (naphthenic and paraffinic) dielectric insulating oil for power and distribution transformers, switchgears, and circuit breakers, suitable for applications up to 765 kV and 800 kV Ultra HVDC projects.
• bioTransol Natural Ester Fluid Biodegradable, non-toxic K2 class natural ester dielectric fluid for environmentally sensitive transformer applications, with FM Global and UL fire safety approvals.
• Transol Synth 100 Synthetic Ester Fluid
• Savsol Lubrication Oils
• Savonol White Oils
• Technol Technical White Oils
• Sav-Superior Industrial Base Oils
• QuantiCool Data Center Fluids Ester- and glycol-based cooling solutions for Direct Liquid Cooling (DLC) applications in data centers, offering ethylene-glycol and propylene-glycol coolants under the QuantiCool brand.
• QuantiCool E-Mobility Fluids Single-phase immersion coolant for EV batteries made from synthetic ester, engineered for fast charging readiness, superior heat transfer, fire safety, and up to 2x longer battery life through reduced thermal stress.
• QuantiCool BESS Fluids Synthetic ester-based dielectric fluid for Battery Energy Storage Systems providing real-time cooling, fire suppression, and extended battery life by suppressing thermal runaway propagation.
• LDPE/HDPE Wax Emulsion
• Paraffin Wax Emulsion
• Filling Compounds for Cables
• Petroleum and Wax Derivatives (Savogel Petroleum Jellies)

Quantifiable outcome

• Q4 FY26 profit increased 60% with Q4 total income up 22% YoY
• +3 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Mahindra & MahindracoreStrategic or Co-development Partner · 12 February 2026Multi-year supply agreement with Mahindra's Farm Equipment Business to supply engine oils under the MStar brand through Mahindra's national franchise and distributor network. The partnership spans over 25 years and positions SOTL as a supplier across all major business divisions of Mahindra & Mahindra with focus on engine protection, improved operating efficiency, and consistent performance for tractors.
• CG (Crompton Greaves)coreStrategic or Co-development PartnerCollaborative research and development resulting in multiple IEEE papers on transformer fluid technology. Joint papers on natural ester compatibility with transformer components, thermal performance, lightning impulse effects, FRA for permittivity, and cooling conditions for natural ester oils. Active R&D partnership for next-generation transformer fluid development.
• Transformer OEMs (India)coreTechnology or IntegrationApproved supplier to all leading major Transformer OEMs in India and abroad. Transol Synth 100 tested and approved by leading laboratories and OEMs. bioTRANSOL approved by all leading major Transformer OEMs in India and abroad after extensive testing at renowned national and international laboratories including ERDA, CPRI, Laborelec (Belgium), Terna (Italy), Siemens-Germany.

Scale indicators13 records

Recent moves7 records

Expansion highlights4 records

Regional players

• Raj Petro Specialities: Indian specialty petroleum products company manufacturing transformer oils, white oils, and industrial lubricants. Closely comparable portfolio and India-market focus to Savita's specialty fluids business.

Direct peers

• Apar Industries: India's largest transformer oil manufacturer and a direct competitor in conductors, cables, and specialty oils. Competes head-to-head with Savita in mineral and ester-based transformer fluids for Power Grid, state utilities, and transformer OEMs.
• M&I Materials (Midel/Midel eN): UK-based specialist in synthetic ester and natural ester transformer fluids (Midel brand). Direct global competitor in fire-safe, biodegradable dielectric fluids for transformers, including railway and renewable applications.
• Gulf Oil International (India): Indian lubricant major (Hinduja Group) with comparable specialty lubricant portfolio including automotive, industrial, and tractor oils. Competes with Savsol in B2B and aftermarket channels across India.
• Tide Water Oil Co. (Veedol): Indian-headquartered lubricant company manufacturing automotive and industrial lubricants. Comparable specialty lubricant positioning and distribution model to Savita's Savsol line.
• Castrol India: Leading automotive and industrial lubricant brand in India, part of BP Group. Direct competitor to Savsol engine oils, gear oils, and hydraulic fluids in the Indian automotive and industrial aftermarket.

Broad incumbents

• Petro-Canada Lubricants (HF Sinclair): Global specialty lubricants and white oils producer. Comparable white mineral oil and process oil portfolio to Savonol/Technol/Sav-Superior, with extensive pharma and food-grade certifications.
• Sinopec Lubricants: Chinese state-owned petroleum and lubricants major competing globally in transformer oils, industrial lubricants, and emerging EV/data center fluids. Represents the low-cost Asian competitive threat to Savita's specialty positioning.
• Shell (Shell Lubricants / S5/Immersion Cooling): Global lubricants leader and one of the largest transformer oil producers (Shell Diala), plus emerging data center immersion cooling fluids. Overlaps with Savita across lubricants, transformer oils, and QuantiCool data center adjacencies.
• Cargill (Industrial Oils & Ester Fluids): Global agricultural and industrial oils major producing natural ester dielectric fluids (Envirotemp FR3) — a competing technology to Savita's bioTRANSOL in transformer applications globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/savita-oil-tchnologies-limited

Compliance24 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Savita Oil Technologies