Gokul Agro Resources Ltd

₹ 83.1 -0.42%
16 Aug 1:05 p.m.
About

Company is in manufacturing and processing of various kinds of Edible, Non-Edible oils and meals. Company has manufacturing facility in Gandhidham, Gujarat, India.[1]

Its edible oil portfolio includes includes brands like Vitalife, Mahek & Zaika. Vanaspati portfolio includes brands like Rechfield & Puffpride. [2]

Key Points

Product Revenue Breakup FY 2020-21
Edible Oils & By Products - 83.84%
Non Edible Oils & By Products - 10.84%
Vanaspati - 3.51%
De Oiled Cake/Oil Cake - 1.81% [1]

  • Market Cap 1,189 Cr.
  • Current Price 83.1
  • High / Low 137 / 35.8
  • Stock P/E 8.66
  • Book Value 32.9
  • Dividend Yield 0.00 %
  • ROCE 32.1 %
  • ROE 30.1 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 44.6% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company's cost of borrowing seems high

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
1,279 1,226 1,611 1,471 1,543 1,883 2,273 2,687 2,321 2,694 2,616 2,761 2,864
1,249 1,197 1,578 1,443 1,514 1,852 2,236 2,642 2,283 2,646 2,563 2,675 2,805
Operating Profit 29 29 33 28 29 30 37 45 38 48 54 86 60
OPM % 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% 2% 3% 2%
2 3 4 4 3 4 3 6 4 4 3 6 3
Interest 21 21 21 21 15 17 14 15 15 14 14 13 18
Depreciation 5 5 6 7 7 6 8 8 8 8 7 7 7
Profit before tax 6 6 10 5 9 11 18 28 19 30 36 71 37
Tax % 22% 26% 29% 32% 32% 32% 31% 33% 26% 26% 20% 19% 24%
Net Profit 4 4 7 3 6 8 12 19 14 22 29 58 28
EPS in Rs 0.33 0.34 0.54 0.25 0.45 0.57 0.92 1.44 1.07 1.65 2.03 4.04 1.98

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
3,631 4,288 5,060 4,545 5,586 8,383 10,391 10,936
3,578 4,204 4,953 4,427 5,466 8,241 10,166 10,689
Operating Profit 53 84 107 118 120 142 225 247
OPM % 1% 2% 2% 3% 2% 2% 2% 2%
17 21 11 10 13 15 17 16
Interest 40 53 70 84 84 62 56 59
Depreciation 15 21 28 30 23 30 29 29
Profit before tax 15 31 20 14 26 66 156 174
Tax % 36% 35% 23% 23% 27% 32% 21%
Net Profit 9 20 15 11 19 45 123 137
EPS in Rs 0.71 1.52 1.17 0.82 1.45 3.39 8.59 9.70
Dividend Payout % -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: 19%
3 Years: 32%
TTM: 19%
Compounded Profit Growth
10 Years: %
5 Years: 45%
3 Years: 125%
TTM: 160%
Stock Price CAGR
10 Years: %
5 Years: 30%
3 Years: 86%
1 Year: 103%
Return on Equity
10 Years: %
5 Years: 15%
3 Years: 19%
Last Year: 30%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
26 26 26 26 71 71 29
Reserves 160 180 195 208 229 274 442
225 292 345 311 272 199 305
856 790 739 753 932 1,054 942
Total Liabilities 1,268 1,289 1,305 1,299 1,459 1,554 1,717
135 178 222 216 240 233 264
CWIP 33 15 10 11 3 4 17
Investments 25 0 11 12 13 14 1
1,074 1,096 1,062 1,060 1,203 1,302 1,435
Total Assets 1,268 1,289 1,305 1,299 1,459 1,554 1,717

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
133 -7 -52 102 132 147 56
-14 11 -68 -15 -32 -8 -46
-49 33 3 -98 -83 -127 64
Net Cash Flow 69 36 -118 -12 16 12 74

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 30 33 27 27 25 24 7
Inventory Days 39 32 32 41 32 17 27
Days Payable 88 68 54 63 58 44 32
Cash Conversion Cycle -20 -4 5 5 -1 -3 2
Working Capital Days -3 4 13 13 5 2 5
ROCE % 18% 17% 18% 20% 23% 32%

Shareholding Pattern

Numbers in percentages

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022
71.80 71.80 71.80 71.80 71.80 71.80 69.82 69.82 69.82 69.82 72.17 72.17
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.31 0.25 0.22
0.76 0.76 0.76 0.76 0.76 0.76 0.76 0.74 0.28 0.00 0.00 0.00
27.45 27.44 27.45 27.45 27.45 27.45 29.43 29.44 29.83 29.87 27.58 27.61

Documents