Gokul Refoils & Solv Ltd
NSE: GOKUL · Edible Oil · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 29 companies in Edible Oil (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹185 cr vs borrowings ₹383 cr (FY26): borrowings are higher by ₹197 cr.
- Operating profit covered interest 1.8x in the last 12 months.
- No promoter shares are pledged.
- Promoter holding rose by 1.19 percentage points in a year, to 74.00% (2026-09-30).
- Operating cash flow was below net profit in 1 of the last 5 years (FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 159% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹34.55 on 2026-10-26: -26.2% from the 52-week high, +11.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 856 | 1,007 | 860 | 926 | 1,063 | 1,076 | 1,056 | 1,017 |
| EBITDA | 12 | 7 | 9 | 14 | 8 | 11 | 3 | 17 |
| OPM % | 1.4% | 0.7% | 1.1% | 1.5% | 0.8% | 1.0% | 0.3% | 1.6% |
| Other income | 5 | 7 | 10 | 3 | 8 | 7 | 14 | 3 |
| Net profit | 5 | 1 | 7 | 4 | 4 | 5 | 6 | 6 |
| EPS (₹) | 0.52 | 0.06 | 0.67 | 0.39 | 0.36 | 0.53 | 0.59 | 0.61 |
| Revenue YoY | +24.1% | +6.8% | +22.8% | +9.7% | ||||
| Profit YoY | -31.5% | +805.2% | -11.9% | +57.5% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 3,053 | 3,137 | 3,020 | 3,511 | 4,120 | 4,211 |
| EBITDA | 39 | 56 | 28 | 36 | 36 | 39 |
| Net profit | 27 | 24 | 2 | 15 | 18 | 21 |
| EPS (₹) | 2.68 | 2.44 | 0.18 | 1.50 | 1.87 | 2.09 |
| Revenue growth | +2.7% | -3.7% | +16.3% | +17.4% | +15.4% | |
| Profit growth | -9.0% | -92.5% | +718.2% | +24.8% | +27.6% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +9.5% | +10.8% | +15.4% |
| Net profit | -8.5% | -2.0% | +27.6% |
| EPS | -8.5% | -2.0% | – |
| Share price | – | -16.3% (2y) | -13.4% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 328 | 330 | 345 | 363 |
| Borrowings | – | 422 | 331 | 276 | 383 |
| Cash & equivalents | – | 155 | 108 | 73 | 185 |
| Total assets | – | 844 | 739 | 768 | 910 |
| Fixed assets | – | 92 | 91 | 96 | 95 |
| Capital work in progress | – | 2 | 7 | 0 | 0 |
| Investments | – | 35 | 25 | 28 | 30 |
| Receivables | – | 138 | 130 | 160 | 210 |
| Inventory | – | 246 | 211 | 220 | 187 |
| Payables | – | 64 | 63 | 125 | 141 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -60 | 92 | 56 | 17 | 34 |
| Cash from investing | -20 | -22 | 17 | -5 | -3 |
| Cash from financing | 66 | 27 | -123 | -35 | 73 |
| Capex | 20 | 29 | 13 | 10 | 8 |
| Free cash flow | -79 | 63 | 43 | 7 | 25 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.4% | 0.5% | 4.3% | 5.1% |
| ROCE % | – | 7.8% | 5.4% | 8.6% | 7.7% |
| Debtor days | – | 16 | 16 | 17 | 19 |
| Inventory days | – | 30 | 27 | 24 | 17 |
| Payable days | – | 8 | 8 | 13 | 13 |
| Cash conversion cycle (days) | – | 38 | 35 | 28 | 23 |
| Working capital days | – | 19 | 22 | 20 | 18 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.00% |
| FIIs | 0.78% |
| Government | 0.01% |
| Public (non-institutions) | 25.21% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 74.62% | 72.81% | 72.81% | 72.81% | 72.81% | 73.54% | 73.60% | 74.00% |
| Promoter group | % |
|---|---|
| Balvantsinh Chandansinh Rajput | 24.63% |
| Bhikhiben Balvantsinh Rajput | 23.41% |
| Profitline Securities Private Limited | 15.92% |
| Dharmendrasinh Balvantsinh Rajput | 8.30% |
| Arjunsinh Rajput | 1.74% |
| Public holders above 1% | % |
|---|---|
| Ridhikripa Trading Private Limited | 2.00% |
| Siddhnath Exports Private Limited | 2.00% |
| Devpanth Trading Private Limited | 2.00% |
| Br Agritrade Private Limited | 2.00% |
| Bhaveshsinh Dilipsinh Rajput | 1.98% |
| Jalam Management Private Limited | 1.96% |
| Suryam Energy Private Limited | 1.95% |
| Marwadi Chandarana Intermediaries Brokers Private Limited | 1.39% |
20,513 shareholders. Pledged: 0.00% of promoter shares.
Peers in Edible Oil
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| MARICO | ₹1,00,770 cr | 53.1x | 23.9x | 46.1% | 54.2% | 17.4% | +11.7% | 0.98% |
| PATANJALI | ₹37,798 cr | 19.2x | 2.9x | 16.1% | 10.7% | 4.2% | +8.4% | 0.70% |
| AWL | ₹22,318 cr | 19.3x | 2.1x | 11.6% | 20.0% | 3.1% | +8.7% | – |
| GOKULAGRO | ₹5,764 cr | 13.7x | 4.0x | 34.2% | 36.7% | 3.1% | +30.9% | – |
| CIANAGRO | ₹2,314 cr | 7.2x | 1.1x | 15.6% | 15.0% | 23.4% | +97.5% | – |
| SVRL | ₹1,639 cr | 42.9x | 15.0x | 41.8% | 65.4% | 5.3% | +29.9% | 0.13% |
| GOKUL | ₹342 cr | 16.5x | 0.9x | 5.8% | 8.2% | 0.9% | +9.5% | – |
| KRITINUT | ₹328 cr | 9.8x | 1.4x | 15.1% | 19.3% | 4.7% | +5.0% | 5.00% |
| PRIMIND | ₹301 cr | 27.9x | 4.1x | 26.7% | 12.8% | 17.9% | +136.7% | – |
| HALDER | ₹274 cr | 9.2x | 1.5x | 16.1% | 12.4% | 4.3% | – | 0.45% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2020-08-13 | Buyback | Buyback |
| 2018-09-19 | Other | Annual General Meeting |
| 2017-09-20 | Other | Annual General Meeting |
| 2016-09-15 | Other | Annual General Meeting |
| 2015-09-16 | Restructuring | Annual General Meeting/Scheme Of Arrangement |
| 2014-08-27 | Other | Annual General Meeting |
| 2013-09-12 | Other | Annual General Meeting |
| 2012-09-21 | Other | Annual General Meeting |
| 2011-09-16 | Dividend | Annual General Meeting/Dividend Re 0.22 Per Share |
| 2010-08-25 | Dividend | Interim Dividend-Re.0.10 Per Share |
| 2010-07-20 | Dividend | Annual General Meeting And Dividend Re.0.30 Per Share |
| 2009-10-14 | Split | Fv Split Rs.10/- To Rs.2/Rd Revised |
| 2009-09-04 | Other | Agm/Div-Rs.1.50 Per Share |
| 2008-09-05 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Fast Moving Consumer Goods |
| Industry | Edible Oil |
| Sub-industry | Edible Oil |
| Symbol | GOKUL |
| BSE code | 532980 |
| ISIN | INE020J01029 |
| Face value | ₹2.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.