Savita Oil Technologies Limited
Savita Oil Technologies Limited is an Indian petroleum-specialties, automotive-lubricants, and industrial-lubricants manufacturer.
Last updated August 31, 2026
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Overview
Savita Oil Technologies Limited is an Indian manufacturer focused on petroleum specialties, automotive lubricants, and industrial lubricants. The company was formerly known as Savita Chemical and is headquartered in Mumbai, Maharashtra. Its product portfolio is centered on specialty petroleum-derived materials used in electrical equipment, industrial processes, personal-care and pharmaceutical applications, and other formulated products. Key product categories identified with the company include transformer oils, liquid paraffin, white oils, petroleum jellies, synthetic petroleum sulfonates, automotive lubricants, and industrial lubricants. The company’s specialty-oils business gives it a position beyond that of a conventional retail motor-oil brand. Transformer oils serve electrical and power-equipment applications, while liquid paraffin and white oils can be used in industrial, pharmaceutical, cosmetic, and other regulated or formulation-driven markets. Petroleum jellies and synthetic petroleum sulfonates represent additional specialty-material categories. Alongside these products, Savita manufactures lubricants for automotive and industrial uses, linking bulk and industrial petroleum processing with branded and original-equipment-oriented lubricant supply. Savita Oil Technologies has been listed on both the Bombay Stock Exchange and the National Stock Exchange since 1994. The company operates three manufacturing plants in western India. Its lube-oil manufacturing plant at Silvassa is described as a fully automated facility and has been certified to ISO 9001:2015 for quality management and ISO 14001:2015 for environmental management. These certifications and the plant’s automation are relevant to the company’s positioning as a technical manufacturer serving industrial and automotive customers. In 2018, the company relaunched Savsol, its domestic lubricant and engine-oil brand. The same year, Tata Motors entered into an agreement with Savita Oil Technologies for the manufacture and supply of original oils for Tata Motors’ passenger-vehicle brands. This partnership connected Savita’s lubricant manufacturing capabilities with an automotive original-equipment channel and complemented its own branded lubricant activity. The company has also been ranked 42nd in Fortune India’s Fortune Next 500 list under the lube-oil and lubricants category, according to the referenced company material. Its overall identity is therefore that of a publicly listed Indian petroleum-specialties and lubricant producer, with business exposure spanning industrial materials, electrical applications, automotive fluids, and branded engine oils.
History
Savita Oil Technologies Limited is an Indian petroleum-specialties and lubricant manufacturer headquartered in Mumbai, Maharashtra. The company previously operated under the name Savita Chemical before adopting its current identity. Publicly available reference material does not establish the company’s founding year or identify a founder, so those details remain unspecified here. The company developed around the manufacture of petroleum specialties rather than relying solely on conventional consumer motor oils. Its stated product areas include transformer oils, liquid paraffin, white oils, petroleum jellies, synthetic petroleum sulfonates, and other specialty petroleum products. These materials serve a range of industrial and formulated-product applications. Transformer oils are associated with electrical and power equipment, while liquid paraffin, white oils, petroleum jellies, and related materials may be supplied into industrial and other formulation-oriented uses. The company also manufactures automotive and industrial lubricants, giving it a second major business line connected to vehicle maintenance and machinery operation. Savita Oil Technologies has been listed on the Bombay Stock Exchange and the National Stock Exchange since 1994. Its listed status provides a long-standing public-market presence, although the supplied reference material does not provide historical financial figures, ownership details, or a detailed account of changes in management. The company operates three manufacturing plants in western India. Its lube-oil facility at Silvassa is described as fully automated and certified under ISO 9001:2015 and ISO 14001:2015. The first certification concerns quality-management systems, while the second concerns environmental-management systems; together, they indicate the formal operating standards associated with that facility. A notable brand-development step occurred in 2018, when the company relaunched Savsol as a domestic lubricant and engine-oil brand. This move gave Savita a more visible branded presence in the lubricant market in addition to its specialty-oils and industrial-manufacturing activities. In the same year, Tata Motors signed an agreement with Savita Oil Technologies for the manufacture and supply of original oils for Tata Motors’ passenger-vehicle brands. The agreement connected Savita with an automotive original-equipment supply channel and demonstrated the company’s role as a lubricant manufacturer for vehicle brands, not only as a supplier of industrial petroleum specialties. The company has also been ranked 42nd in Fortune India’s Fortune Next 500 list under the lube-oil and lubricants category, according to the supplied reference. This ranking is a point-in-time recognition rather than a complete measure of the company’s current scale. Overall, Savita Oil Technologies’ history, as supported by the available material, is characterized by the development of a diversified petroleum-specialties portfolio, continued public listing, expansion of lubricant manufacturing capabilities, the Savsol brand relaunch, and an automotive supply relationship with Tata Motors. Detailed founding, ownership, executive, financial, and international-market information is not established by the supplied sources.
- 2018
Savsol lubricant brand relaunched
[1]The company relaunched Savsol as a domestic brand of lubricants and engine oils.
- 2018
Tata Motors supply agreement
[1]Tata Motors signed an agreement with Savita Oil Technologies covering the manufacture and supply of original oils for its passenger-vehicle brands.
- 1994
Listed on Indian stock exchanges
[1]Savita Oil Technologies became listed on the Bombay Stock Exchange and the National Stock Exchange.
Products and positioning
A publicly listed Indian petroleum-specialties and lubricant manufacturer serving industrial, electrical, automotive, and formulated-product applications.
Electrical and industrial oils
Transformer oils
Specialty petroleum oils used in transformer and related electrical-equipment applications. They are part of Savita Oil Technologies’ industrial petroleum-specialties portfolio and distinguish the company from manufacturers focused only on consumer automotive lubricants.
Petroleum specialties
Liquid paraffin and white oils
Refined petroleum specialty materials supplied for industrial and formulation-oriented uses. The reference material identifies liquid paraffin and white oils among the company’s principal petroleum-specialties categories, but does not specify individual grades, applications, or product launch dates.
Petroleum specialties
Petroleum jellies
Petroleum-derived semi-solid specialty materials manufactured as part of Savita’s broader petroleum-products portfolio. The available reference confirms the category but does not provide detailed specifications, branded variants, or market-specific positioning.
Industrial petroleum specialties
Synthetic petroleum sulfonates
Specialty petroleum products identified among the company’s manufacturing activities. They form part of Savita Oil Technologies’ industrial portfolio alongside transformer oils, paraffin products, white oils, and other petroleum specialties.
Automotive lubricants · 2018
Savsol lubricants and engine oils
Savsol is Savita Oil Technologies’ domestic lubricant and engine-oil brand. The company relaunched the brand in 2018, expanding its branded presence in automotive lubricants while retaining its wider manufacturing role in automotive and industrial oils.
Industrial lubricants
Industrial lubricants
Lubricants intended for industrial equipment and machinery. The available source identifies industrial lubricants as a core business area but does not enumerate specific formulations, applications, or product families.
Brand decisions
2018
Relaunch of SavsolProduct launchBackground
Savita Oil Technologies sought to strengthen its domestic branded presence in automotive lubricants and engine oils.
Action taken
The company relaunched Savsol as a domestic lubricant and engine-oil brand.
Aftermath
The relaunch established Savsol as the company’s identified domestic lubricant brand; the supplied sources do not quantify its subsequent sales or market share.
2018
Tata Motors original-oil manufacturing agreementStrategyBackground
Tata Motors required original oils for its passenger-vehicle brands and entered a manufacturing and supply relationship with Savita Oil Technologies.
Action taken
Savita agreed to manufacture and provide original oils for Tata Motors’ passenger-vehicle brands.
Aftermath
The agreement linked Savita to an automotive original-equipment supply channel. The available source does not provide contract duration, financial terms, or later renewal information.
Sources1 sources
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