Gokul Refoils and Solvent Ltd
Incorporated in 1992, Gokul Refoils and Solvent Ltd is in the business of trading in oil seeds and edible/non-edible oils and agro commodities and supply of services[1]
- Market Cap ₹ 620 Cr.
- Current Price ₹ 62.6
- High / Low ₹ 71.2 / 33.9
- Stock P/E 53.6
- Book Value ₹ 34.0
- Dividend Yield 0.00 %
- ROCE 7.42 %
- ROE 0.68 %
- Face Value ₹ 2.00
Pros
- Promoter holding has increased by 1.61% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 6.57% over past five years.
- Company has a low return on equity of 5.66% over last 3 years.
- Earnings include an other income of Rs.23.5 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Edible Oil Industry: Solvent Extraction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
5,711 | 6,349 | 5,865 | 3,413 | 1,854 | 1,987 | 2,197 | 2,159 | 2,464 | 3,053 | 3,137 | 3,019 | 3,149 | |
5,636 | 6,294 | 5,763 | 3,360 | 1,821 | 1,970 | 2,163 | 2,121 | 2,424 | 3,013 | 3,081 | 2,973 | 3,112 | |
Operating Profit | 75 | 55 | 102 | 53 | 33 | 17 | 33 | 38 | 40 | 40 | 56 | 46 | 37 |
OPM % | 1% | 1% | 2% | 2% | 2% | 1% | 2% | 2% | 2% | 1% | 2% | 2% | 1% |
162 | 83 | 50 | 20 | 11 | 33 | 23 | 23 | 12 | 21 | 10 | 0 | 24 | |
Interest | 194 | 90 | 108 | 42 | 32 | 33 | 32 | 29 | 20 | 18 | 27 | 33 | 35 |
Depreciation | 37 | 37 | 33 | 14 | 4 | 5 | 5 | 6 | 5 | 6 | 8 | 10 | 10 |
Profit before tax | 6 | 10 | 12 | 17 | 8 | 12 | 19 | 27 | 27 | 37 | 31 | 3 | 15 |
Tax % | -58% | 65% | 24% | 34% | 68% | 27% | 35% | 26% | 24% | 28% | 23% | 32% | |
10 | 4 | 9 | 11 | 2 | 9 | 12 | 20 | 20 | 27 | 24 | 2 | 12 | |
EPS in Rs | 0.75 | 0.27 | 0.70 | 0.85 | 0.18 | 0.69 | 0.92 | 1.50 | 2.07 | 2.68 | 2.44 | 0.18 | 1.17 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -7% |
5 Years: | 7% |
3 Years: | 7% |
TTM: | 8% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | -24% |
3 Years: | -52% |
TTM: | -54% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 37% |
3 Years: | 17% |
1 Year: | 38% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 6% |
3 Years: | 6% |
Last Year: | 1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 26 | 20 | 20 | 20 | 20 | 20 |
Reserves | 335 | 341 | 352 | 251 | 254 | 247 | 259 | 279 | 258 | 284 | 308 | 310 | 317 |
1,153 | 651 | 597 | 130 | 695 | 309 | 263 | 232 | 283 | 368 | 425 | 335 | 436 | |
1,048 | 1,135 | 1,053 | 652 | 89 | 57 | 58 | 60 | 144 | 169 | 91 | 74 | 143 | |
Total Liabilities | 2,562 | 2,154 | 2,029 | 1,059 | 1,065 | 639 | 607 | 597 | 704 | 841 | 844 | 739 | 915 |
338 | 331 | 346 | 253 | 231 | 69 | 68 | 73 | 80 | 84 | 109 | 108 | 107 | |
CWIP | 13 | 7 | 8 | 1 | 3 | 5 | 3 | 2 | 2 | 2 | 2 | 7 | 8 |
Investments | 185 | 123 | 37 | 30 | 68 | 36 | 42 | 39 | 24 | 33 | 74 | 60 | 58 |
2,026 | 1,694 | 1,637 | 775 | 762 | 530 | 494 | 483 | 598 | 721 | 659 | 564 | 742 | |
Total Assets | 2,562 | 2,154 | 2,029 | 1,059 | 1,065 | 639 | 607 | 597 | 704 | 841 | 844 | 739 | 915 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
908 | 312 | -260 | 390 | 41 | 111 | 72 | 65 | 6 | -72 | 92 | 56 | |
120 | 172 | 187 | 53 | -28 | 280 | -0 | 8 | 9 | -7 | -22 | 17 | |
-676 | -583 | -89 | -504 | -28 | -417 | -78 | -62 | -16 | 66 | 27 | -123 | |
Net Cash Flow | 352 | -99 | -162 | -62 | -15 | -27 | -6 | 11 | -0 | -13 | 97 | -51 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 22 | 30 | 35 | 24 | 35 | 16 | 17 | 15 | 16 | 20 | 16 | 16 |
Inventory Days | 34 | 25 | 38 | 31 | 63 | 39 | 25 | 29 | 45 | 43 | 31 | 27 |
Days Payable | 69 | 67 | 68 | 69 | 10 | 7 | 5 | 4 | 14 | 19 | 8 | 8 |
Cash Conversion Cycle | -12 | -12 | 5 | -14 | 88 | 48 | 38 | 40 | 46 | 44 | 39 | 35 |
Working Capital Days | 4 | 3 | 23 | -4 | 102 | 68 | 58 | 57 | 54 | 54 | 48 | 47 |
ROCE % | 11% | 7% | 12% | 8% | 6% | 9% | 8% | 10% | 9% | 9% | 8% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Management
5 Dec - Resignation of Company Secretary Abhinav Mathur due to personal reasons.
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Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
5 Dec - Resignation of Company Secretary Abhinav Mathur due to personal reasons.
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Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended 30.09.2024
14 Nov - Approved unaudited financial results for Q2 FY2024.
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Board Meeting Outcome For Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended 30.09.2024
14 Nov - Board approved unaudited financial results for Q2 2024.
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Board Meeting Intimation for Board Meeting Intimation For Consideration And Approval Of Inter Alia The Standalone And Consolidated Unaudited Financial Results Of The Company For The Second Quarter And Half Year Ended September 30, 2024 Of FY 2024-25
8 Nov - Board meeting to approve Q2 FY 2024-25 results.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1][2]
GRSL is a part of the Gokul Group which is among the top 3 manufacturers and exporters of castor derivatives in India. It manufactures Edible Oils and Industrial Oil and is engaged in the business of seed processing, solvent extraction, refining of edible oils and industrial oil such as Castor Oil
Company conducts its business through Gokul Agri International Limited which is a wholly-owned subsidiary of the company. It has its production facility at Sidhpur, Gujarat. Sidhpur Plant processes various types of oils including Kachi Ghani oil, Mustard oil, Groundnut oil, Refined Cottonseed oil, Soyaben Refined oil, Palmolein and Castor oil. It is also trading in agro commodities including spices in domestic and international market