Gokul Refoils and Solvent Ltd

Gokul Refoils and Solvent Ltd

₹ 40.7 1.68%
12 Jun - close price
About

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]

Key Points

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

  • Market Cap 403 Cr.
  • Current Price 40.7
  • High / Low 50.4 / 31.0
  • Stock P/E 21.8
  • Book Value 36.7
  • Dividend Yield 0.00 %
  • ROCE 8.42 %
  • ROE 5.22 %
  • Face Value 2.00

Pros

  • Stock is trading at 1.11 times its book value

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 10.8% over past five years.
  • Company has a low return on equity of 3.39% over last 3 years.
  • Earnings include an other income of Rs.32.4 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
863.25 588.02 927.43 807.13 697.41 788.05 855.97 1,006.76 860.07 926.43 1,062.65 1,075.61 1,055.78
845.72 576.76 909.51 794.37 693.16 779.64 844.39 999.73 850.74 912.58 1,054.29 1,065.00 1,052.33
Operating Profit 17.53 11.26 17.92 12.76 4.25 8.41 11.58 7.03 9.33 13.85 8.36 10.61 3.45
OPM % 2.03% 1.91% 1.93% 1.58% 0.61% 1.07% 1.35% 0.70% 1.08% 1.49% 0.79% 0.99% 0.33%
0.03 2.99 -15.54 2.70 9.99 5.40 5.43 7.38 10.23 2.97 8.45 6.82 14.17
Interest 7.55 8.44 6.11 9.56 9.18 7.92 8.52 9.13 7.79 8.81 9.64 7.40 7.26
Depreciation 2.26 2.42 2.59 2.61 2.75 2.69 2.09 3.80 3.02 2.71 2.76 2.74 2.73
Profit before tax 7.75 3.39 -6.32 3.29 2.31 3.20 6.40 1.48 8.75 5.30 4.41 7.29 7.63
Tax % 23.10% 25.37% -25.79% 38.60% 15.58% 23.44% 19.53% 60.81% 24.11% 27.36% 19.95% 28.12% 23.46%
5.97 2.53 -4.70 2.02 1.96 2.44 5.14 0.58 6.64 3.86 3.52 5.25 5.85
EPS in Rs 0.60 0.26 -0.47 0.20 0.20 0.25 0.52 0.06 0.67 0.39 0.36 0.53 0.59
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
5,865 3,413 1,854 1,987 2,197 2,159 2,464 3,053 3,137 3,019 3,510 4,120
5,763 3,360 1,821 1,970 2,163 2,121 2,424 3,013 3,081 2,973 3,474 4,084
Operating Profit 102 53 33 17 33 38 40 40 56 46 36 36
OPM % 2% 2% 2% 1% 2% 2% 2% 1% 2% 2% 1% 1%
50 20 11 33 23 23 12 21 10 0 28 32
Interest 108 42 32 33 32 29 20 18 27 33 33 33
Depreciation 33 14 4 5 5 6 5 6 8 10 12 11
Profit before tax 12 17 8 12 19 27 27 37 31 3 20 25
Tax % 24% 34% 68% 27% 35% 26% 24% 28% 23% 32% 25% 25%
9 11 2 9 12 20 20 27 24 2 15 18
EPS in Rs 0.70 0.85 0.18 0.69 0.92 1.50 2.07 2.68 2.44 0.18 1.50 1.87
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 2%
5 Years: 11%
3 Years: 10%
TTM: 17%
Compounded Profit Growth
10 Years: 6%
5 Years: -2%
3 Years: -8%
TTM: 33%
Stock Price CAGR
10 Years: 9%
5 Years: 4%
3 Years: 9%
1 Year: -13%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 3%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 26 26 26 26 26 26 20 20 20 20 20 20
Reserves 352 251 254 247 259 279 258 284 308 310 325 344
597 130 695 309 263 232 283 368 425 282 280 383
1,053 652 89 57 58 60 144 169 91 127 143 164
Total Liabilities 2,029 1,059 1,065 639 607 597 704 841 844 739 768 910
346 253 231 69 68 73 80 84 109 108 113 111
CWIP 8 1 3 5 3 2 2 2 2 7 0 0
Investments 37 30 68 36 42 39 24 33 74 60 43 106
1,637 775 762 530 494 483 598 721 659 564 612 693
Total Assets 2,029 1,059 1,065 639 607 597 704 841 844 739 768 910

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-260 390 41 111 72 65 6 -72 92 56 17 34
187 53 -28 280 -0 8 9 -7 -22 17 -5 -3
-89 -504 -28 -417 -78 -62 -16 66 27 -123 -35 73
Net Cash Flow -162 -62 -15 -27 -6 11 -0 -13 97 -51 -23 103
Free Cash Flow -309 385 36 359 70 61 -2 -84 63 43 8 25
CFO/OP -252% 744% 106% 727% 233% 182% 30% -154% 179% 130% 55% 107%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 35 24 35 16 17 15 16 20 16 16 17 19
Inventory Days 38 31 63 39 25 29 45 43 31 27 24 17
Days Payable 68 69 10 7 5 4 14 19 8 15 14 13
Cash Conversion Cycle 5 -14 88 48 38 40 46 44 39 28 27 23
Working Capital Days -11 -15 -30 11 14 18 12 10 1 9 12 8
ROCE % 12% 8% 6% 9% 8% 10% 9% 9% 8% 8% 8% 8%

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Green Energy Capacity (Wind + Solar)
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Share of Edible Oils in Revenue
%
Share of Export Sales
%
Debtors Turnover Days
Days
Refinery Capacity
TPD
Solvent Extraction Capacity
TPD
Number of Distributors
Numbers
Number of Retailers
Numbers
Total Production Volume
MT

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

12 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
71.79% 71.79% 73.01% 73.01% 74.62% 74.62% 74.62% 72.80% 72.80% 72.80% 72.80% 73.54%
0.09% 0.09% 0.23% 0.33% 0.23% 0.30% 0.31% 0.29% 0.29% 0.29% 0.28% 0.27%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
28.11% 28.11% 26.76% 26.66% 25.15% 25.08% 25.06% 26.90% 26.91% 26.90% 26.91% 26.19%
No. of Shareholders 26,50226,00326,10027,40025,85924,80223,38122,70622,54822,47922,02221,421

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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