Gokul Agro Resources Ltd

AI

Gokul Agro Resources Ltd

₹ 226 -0.82%
13 Nov - close price
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 Richfield & Puffpride. [2]

Key Points

Business Segments FY24
The company has a portfolio of 40+ products across segments:

  • Market Cap ₹ 6,679 Cr.
  • Current Price ₹ 226
  • High / Low ₹ 260 / 150
  • Stock P/E 14.4
  • Book Value ₹ 57.5
  • Dividend Yield 0.00 %
  • ROCE 36.7 %
  • ROE 30.0 %
  • Face Value ₹ 1.00

Pros

  • Company has delivered good profit growth of 53.3% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.3%
  • Company's median sales growth is 23.0% of last 10 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026 Sep 2026
4,119 3,340 3,938 4,290 4,810 4,988 5,462 4,924 6,638 6,314 6,200 5,282 7,481
4,038 3,267 3,843 4,174 4,660 4,848 5,340 4,791 6,452 6,153 6,005 5,078 7,216
Operating Profit 81 72 94 116 150 140 122 134 186 162 195 204 265
OPM % 2.0% 2.2% 2.4% 2.7% 3.1% 2.8% 2.2% 2.7% 2.8% 2.6% 3.1% 3.9% 3.5%
7 8 9 8 8 8 10 9 9 8 13 13 11
Interest 37 30 34 42 49 44 48 40 42 46 46 44 66
Depreciation 8 8 9 14 13 13 14 13 14 15 15 14 15
Profit before tax 43 43 60 68 97 91 70 90 139 109 148 158 195
Tax % 22% 21% 26% 22% 26% 20% 30% 20% 27% 28% 20% 22% 25%
34 34 44 53 71 72 49 72 101 78 119 123 146
EPS in Rs 1.15 1.14 1.50 1.79 2.42 2.46 1.65 2.43 3.43 2.63 4.03 4.16 4.95
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
3,631 4,288 5,060 4,545 5,586 8,371 10,384 10,740 13,854 19,551 24,077 25,277
3,578 4,204 4,953 4,427 5,466 8,230 10,159 10,475 13,559 19,023 23,401 24,452
Operating Profit 53 84 107 118 120 141 225 264 295 528 676 825
OPM % 1.4% 2.0% 2.1% 2.6% 2.1% 1.7% 2.2% 2.5% 2.1% 2.7% 2.8% 3.3%
17 21 11 10 13 17 17 17 32 34 40 46
Interest 40 53 70 84 84 62 56 78 118 183 174 202
Depreciation 15 21 28 30 23 30 29 29 32 54 57 59
Profit before tax 15 31 20 14 26 66 156 175 177 325 485 611
Tax % 36% 35% 23% 23% 27% 32% 21% 24% 23% 24% 24%
9 20 15 11 19 45 123 132 136 246 369 465
EPS in Rs 0.35 0.75 0.58 0.41 0.72 1.68 4.27 4.49 4.60 8.32 12.52 15.77
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 21%
5 Years: 24%
3 Years: 31%
TTM: 15%
Compounded Profit Growth
10 Years: 45%
5 Years: 53%
3 Years: 41%
TTM: 58%
Stock Price CAGR
10 Years: 37%
5 Years: 48%
3 Years: 57%
1 Year: 15%
Return on Equity
10 Years: 22%
5 Years: 26%
3 Years: 26%
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 Mar 2023 Mar 2024 Mar 2025 Mar 2026 Sep 2026
Equity Capital 26 26 26 26 26 26 29 30 30 30 30 30
Reserves 160 180 195 208 229 274 442 621 757 1,006 1,393 1,667
225 292 345 311 317 246 305 484 604 544 589 613
856 790 739 753 887 1,007 942 986 1,817 2,500 2,916 5,297
Total Liabilities 1,268 1,289 1,305 1,299 1,459 1,554 1,717 2,121 3,207 4,080 4,928 7,607
135 178 222 216 240 233 264 355 742 817 930 970
CWIP 33 15 10 11 3 4 17 106 6 113 49 126
Investments 25 0 11 12 13 14 1 3 10 18 135 65
1,074 1,096 1,062 1,060 1,203 1,302 1,435 1,656 2,449 3,132 3,815 6,445
Total Assets 1,268 1,289 1,305 1,299 1,459 1,554 1,717 2,121 3,207 4,080 4,928 7,607

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
133 -7 -52 102 132 135 60 20 355 467 325
-14 11 -68 -15 -32 -8 -46 -199 -297 -217 -186
-49 33 3 -98 -83 -127 60 143 2 -247 -131
Net Cash Flow 69 36 -118 -12 16 0 74 -37 61 4 8
Free Cash Flow 97 -53 -120 78 93 111 -13 -190 37 230 220
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit 259% -1% -43% 88% 113% 102% 37% 22% 133% 102% 63%

Ratios

Consolidated / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 30 33 27 27 25 24 7 14 10 10 9
Inventory Days 39 32 32 41 32 17 27 23 36 37 37
Days Payable 88 68 54 63 58 44 33 34 46 46 43
Cash Conversion Cycle -20 -4 5 5 -1 -3 2 4 0 1 4
Working Capital Days -23 -17 -8 -7 -9 -5 -3 1 -3 1 1
ROCE % 18% 17% 18% 20% 23% 32% 26% 23% 34% 37%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Seed Processing Capacity
TPD (tonnes per day)

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Total Oil Refining Capacity
TPD (tonnes per day)
Export Sales as % of Revenue
%
Number of Dealers and Distributors
count
Palm Oil Share of Revenue
%
Refining Unit Capacity Utilization
%
Number of Export Countries
count
Number of States Covered (India)
count
Bio-diesel Capacity
TPD (tonnes per day)

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
72.56% 73.62% 73.67% 73.67% 73.67% 73.67% 73.67% 73.67% 74.24% 74.24% 74.24% 74.24%
0.05% 0.76% 0.82% 1.11% 1.35% 1.51% 1.44% 1.87% 1.58% 1.51% 1.87% 2.01%
0.00% 0.00% 0.00% 0.05% 0.03% 0.04% 0.01% 0.01% 0.01% 0.09% 0.11% 0.09%
27.38% 25.62% 25.51% 25.16% 24.95% 24.77% 24.87% 24.45% 24.16% 24.18% 23.78% 23.65%
No. of Shareholders 43,87043,22542,47951,64549,91448,92150,82649,67352,19852,41850,40750,922

* 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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