1. India Stocks

  2. •

    Consumer Defensive

  3. •

    Packaged Foods
Gokul Agro Resources Limited

Gokul Agro Resources Limited

GOKULAGRO.NS
Gokul Agro Resources LimitedIN flagNational Stock Exchange of India
217.71
INR
+4.91
- -
32.15BMarket Cap
Gokul Agro Resources Limited
GOKULAGRO.NS
(National Stock Exchange of India)

Recent

price

217.71

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
273.78
319.63
377.7
339.41
414.6
627.29
374.83
741.23
933.85
1,325.09
- -
930.77
Revenue per Share
0.71
1.51
1.17
0.82
1.45
3.37
4.47
9.18
9.2
16.65
- -
14.31
Basic EPS, GAAP
7.31
-4.21
-3.94
7.67
6.98
8.36
-0.47
-13.14
2.53
15.55
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
4.13
5.64
6.8
7.69
12.53
15.9
10.59
29.41
37.96
54.61
- -
1.14
Book Value per Share
14
15.54
16.68
17.68
22.65
26.03
17.1
45.02
53.18
70.17
- -
54.97
Tangible Book Value per Share
133
133
133
133
133
133
275
144
148
148
- -
259
Basic Weighted Avg Shares
36,319
42,400
50,104
45,024
54,999
83,213
103,054
106,966
137,783
195,508
240,770
240,770
Sales/Revenue/Turnover
1.56
1.5
1.58
2.55
2.19
1.46
1.9
2.55
1.91
2.42
2.57
2.57
Operating Margin (%)
152
207
277
298
226
298
293
289
319
545
566
566
Depreciation Expense
94
200
155
109
192
447
1,229
1,324
1,358
2,457
3,701
3,701
Net Income, GAAP
35.83
35
23.45
22.6
27.32
32.34
21.2
24.22
23.45
24.48
23.74
23.74
Effective Tax Rate (%)
0.26
0.47
0.31
0.24
0.35
0.54
1.19
1.24
0.99
1.26
1.54
1.54
Profit Margin (%)
122
364
302
519
1,016
1,447
2,510
3,629
3,392
4,614
7,250
7,250
Working Capital
12
328
464
528
455
377
957
2,905
3,089
3,642
3,380
3,380
LT Debt
1,860
2,064
2,214
2,347
3,006
3,454
4,703
6,506
7,863
10,359
14,228
14,228
Total Equity
- -
8.95
11.32
15.89
15.61
14.46
22.98
21.46
15.9
24
26.15
26.15
Return on Invested Capital (%)
- -
12.95
12.81
14.54
14.67
16.22
28.53
23.73
20.43
30.52
51.11
51.11
Return on Capital (%)
- -
30.88
18.74
11.32
14.31
23.7
48.97
37.02
27.58
35.97
88.62
88.62
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
2,694
- -
2,511
LT Borrowings
3,017
- -
3,199
LT Finance Leases
148
- -
181
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
295
- -
295
Market Capitalization
50,846
46,369
46,645

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
43,151
- -
38,505
Cash, Cash Equivalents & STI
5,811
- -
7,025
Accounts Receivable, Net
7,287
- -
5,916
Inventories
26,781
- -
23,226
Total Current Liabilities
37,608
- -
31,255
Payables & Accruals
- -
- -
- -
ST Debt
2,694
- -
2,511
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.16%
32.89%
37.34%
Free Cash Flow
118.81%
327.23%
-4.39%
Net Income, GAAP
58.64%
63.38%
50.64%
Sales/Revenue/Turnover
21.97%
24.3%
23.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
24,644
41,121
33,398
38,449
137,783
2025
42,903
48,101
49,882
54,621
195,508
2026
49,243
66,382
63,143
62,002
240,770

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.63
2.29
2.28
- -
9.2
2025
3.59
2.42
2.46
1.65
16.65
2026
4.85
3.43
2.63
4.03
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Gokul Agro Resources Limited (GARL), founded in 2014 and headquartered in Ahmedabad, Gujarat, India, manufactures, processes, and markets edible and non-edible oils, oleochemicals, feed meals, and related agro products; its core offerings encompass refined soybean, sunflower, kachi ghani mustard, groundnut, cottonseed, rice bran, palm, and palmolein oils, premium vanaspati, and ultimate frying oils under brands including Vitalife, Richfield, Mahek, Pride, Biscopride, Puffpride, and Zaika, alongside castor oil derivatives, seed crushing outputs such as soybean and castor meals, and oleochemicals like palm fatty acid distillate and glycerol monostearates. The company operates certified production facilities (FSSC 22000:2024 and ISO 22000:2005) across multiple sites in India, including Gandhidham, Krishnapatnam, Haldia, and Gandhidham, with a total refining capacity exceeding 5,600 tons per day (TPD), and maintains a global distribution network spanning more than 20 Indian states and export markets in the USA, Europe, China, South Korea, Japan, Singapore, Indonesia, Malaysia, Russia, and Vietnam; it serves diverse customers such as Parle, ITC Ltd, Britannia Industries Ltd, Godrej Industries Ltd, and international traders like Loiret & Haëntjens, Kowa, and Hengshui Jinghua Chemical. GARL, a demerged entity from Gokul Refoils and Solvent Limited (now related as parent in group structure), conducts international trading via Singapore-based subsidiaries including Riya International Pte. Ltd., Maurigo Indo Holdings Pte. Ltd., and Riya Ago Industries Private Limited. Recent developments include the acquisition of a 100 TPD edible oil refinery in Mangalore from Sri Anagha Refineries for Rs 105.53 crore in late 2024, boosting total capacity from 5,550 TPD and enhancing southern India presence; plans for a Rs 1.05 billion biodiesel plant at Gandhidham; a 2024 memorandum of agreement with the Andhra Pradesh government via a unit, alongside a $6 million order win and GETCO approval for a 10 MW solar project; commencement of commercial operations at the Haldia plant; a Q2 FY26 equity stock split from Rs 2 to Rs 1 effective October 2025; board approval to double borrowing limits to Rs 8,000 crore and alter object clauses for diversification into food & beverages, agricultural cultivation, allied activities, and biofuels energy; and reappointment of Joint Managing Director Jayesh Thakkar for three years from June 2026. Promoter holding stands at 73.7%, with consolidated revenues reaching Rs 22,013 crore and net profit Rs 294 crore for FY25 amid strong growth.