Gokul Agro Resources Ltd
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]
- Market Cap ₹ 1,875 Cr.
- Current Price ₹ 127
- High / Low ₹ 144 / 94.8
- Stock P/E 14.2
- Book Value ₹ 48.1
- Dividend Yield 0.00 %
- ROCE 28.2 %
- ROE 23.6 %
- Face Value ₹ 2.00
Pros
- Company has delivered good profit growth of 53.9% 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
3,631 | 4,288 | 5,060 | 4,545 | 5,586 | 8,371 | 10,384 | 10,740 | 11,971 | |
3,578 | 4,204 | 4,953 | 4,427 | 5,466 | 8,230 | 10,159 | 10,458 | 11,675 | |
Operating Profit | 53 | 84 | 107 | 118 | 120 | 141 | 225 | 282 | 296 |
OPM % | 1% | 2% | 2% | 3% | 2% | 2% | 2% | 3% | 2% |
17 | 21 | 11 | 10 | 13 | 17 | 17 | 17 | 25 | |
Interest | 40 | 53 | 70 | 84 | 84 | 62 | 56 | 95 | 118 |
Depreciation | 15 | 21 | 28 | 30 | 23 | 30 | 29 | 29 | 29 |
Profit before tax | 15 | 31 | 20 | 14 | 26 | 66 | 156 | 175 | 173 |
Tax % | 36% | 35% | 23% | 23% | 27% | 32% | 21% | 24% | |
9 | 20 | 15 | 11 | 19 | 45 | 123 | 132 | 132 | |
EPS in Rs | 0.69 | 1.47 | 1.14 | 0.80 | 1.41 | 3.29 | 8.33 | 8.97 | 8.98 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 24% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 54% |
3 Years: | 91% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 61% |
3 Years: | 108% |
1 Year: | 8% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 19% |
3 Years: | 24% |
Last Year: | 24% |
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 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 29 | 30 | 30 |
Reserves | 160 | 180 | 195 | 208 | 229 | 274 | 442 | 621 | 680 |
Preference Capital | 0 | 0 | 0 | 0 | 45 | 45 | 0 | 0 | |
225 | 292 | 345 | 311 | 272 | 201 | 305 | 484 | 458 | |
856 | 790 | 739 | 753 | 932 | 1,052 | 942 | 986 | 1,989 | |
Total Liabilities | 1,268 | 1,289 | 1,305 | 1,299 | 1,459 | 1,554 | 1,717 | 2,121 | 3,156 |
135 | 178 | 222 | 216 | 240 | 233 | 264 | 355 | 366 | |
CWIP | 33 | 15 | 10 | 11 | 3 | 4 | 17 | 106 | 309 |
Investments | 25 | 0 | 11 | 12 | 13 | 14 | 1 | 3 | 4 |
1,074 | 1,096 | 1,062 | 1,060 | 1,203 | 1,302 | 1,435 | 1,656 | 2,477 | |
Total Assets | 1,268 | 1,289 | 1,305 | 1,299 | 1,459 | 1,554 | 1,717 | 2,121 | 3,156 |
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 | |
---|---|---|---|---|---|---|---|---|
133 | -7 | -52 | 102 | 132 | 135 | 60 | 20 | |
-14 | 11 | -68 | -15 | -32 | -8 | -46 | -199 | |
-49 | 33 | 3 | -98 | -83 | -127 | 60 | 143 | |
Net Cash Flow | 69 | 36 | -118 | -12 | 16 | 0 | 74 | -37 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 30 | 33 | 27 | 27 | 25 | 24 | 7 | 14 |
Inventory Days | 39 | 32 | 32 | 41 | 32 | 17 | 27 | 23 |
Days Payable | 88 | 68 | 54 | 63 | 58 | 44 | 33 | 34 |
Cash Conversion Cycle | -20 | -4 | 5 | 5 | -1 | -3 | 2 | 4 |
Working Capital Days | -3 | 4 | 13 | 13 | 5 | 3 | 5 | 8 |
ROCE % | 18% | 17% | 18% | 20% | 23% | 32% | 28% |
Documents
Announcements
- Regulation 30 Of SEBI (LODR) Regulations, 2015_Intimation Of Commencement Of Commercial Operations At Krishnapatnam Plant, Andhra Pradesh 29 Nov
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
8 Nov - Newspaper Advertisement-Unaudited Standalone and Consolidated Financial Results for the Second Quarter and Half Year ended on September 30, 2023.
- Outcome Of Board Meeting Of The Second Quarter Ended On 30Th September 2023 6 Nov
- Board Meeting Outcome for Outcome Of Board Meeting Of The Second Quarter Ended On 30Th September, 2023 6 Nov
- Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Un-Audited Financial Results For The Second Quarter Ended On 30Th September, 2023 30 Oct
Product Portfolio
The Company has 25+ products in its portfolio. {3 https://www.bseindia.com/xml-data/corpfiling/AttachLive/e8f5e5e2-c2d8-4ca9-91db-9039e5ab2a2e.pdf#page=6 #} It includes brands like Vitalife, Zaika, Mahek, Richfield, Biscopride, Puffpride, and Pride. [1]