Gokul Agro Resources Ltd
NSE: GOKULAGRO · Edible Oil · sector
₹195.33NSE close 2026-10-26
Key numbers
Market cap₹5,764 cr
Price₹195.33
52w high / low₹260 / ₹151
P/E13.7xSector median 17.9x
P/B4.0xSector median 1.0x
Book value₹48.2
Dividend yield–Sector median 0.70%
ROE34.2%Sector median 11.6%
ROCE36.7%Sector median 11.6%
OPM3.1%Sector median 3.8%
Debt / equity0.40xSector median 0.23x
EV/EBITDA7.6xSector median 8.5x
Interest cover4.1x
Current ratio1.23x
Sales growth 3y+30.9%Sector median +8.4%
Profit growth 3y+40.9%Sector median +24.4%
PEG0.35x
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 ₹680 cr vs borrowings ₹571 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 4.1x in the last 12 months.
- 13.69% of the promoters' shares are pledged (10.2% of all shares).
- Promoter holding rose by 0.57 percentage points in a year, to 74.24% (2026-09-30).
- Operating cash flow was below net profit in 3 of the last 5 years (FY26, FY23, FY22).
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 10% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹195.33 on 2026-10-26: -24.8% from the 52-week high, +29.4% 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
Weekly close · high ₹245.39 · low ₹159.17
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,812 | 4,988 | 5,462 | 4,924 | 6,638 | 6,314 | 6,200 | 5,282 |
| EBITDA | 150 | 140 | 122 | 134 | 186 | 162 | 195 | 204 |
| OPM % | 3.1% | 2.8% | 2.2% | 2.7% | 2.8% | 2.6% | 3.1% | 3.9% |
| Other income | 8 | 8 | 10 | 9 | 9 | 8 | 13 | 13 |
| Net profit | 71 | 72 | 49 | 72 | 101 | 78 | 119 | 123 |
| EPS (₹) | 2.42 | 2.46 | 1.65 | 2.42 | 3.43 | 2.63 | 4.03 | 4.16 |
| Revenue YoY | +37.9% | +26.6% | +13.5% | +7.3% | ||||
| Profit YoY | +41.8% | +7.4% | +144.4% | +71.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 10,391 | 10,740 | 13,854 | 19,551 | 24,077 | 24,435 |
| EBITDA | 225 | 282 | 295 | 528 | 676 | 747 |
| Net profit | 123 | 132 | 136 | 246 | 370 | 421 |
| EPS (₹) | 4.51 | 4.59 | 4.60 | 8.32 | 12.52 | 14.25 |
| Revenue growth | +3.4% | +29.0% | +41.1% | +23.2% | +21.0% | |
| Profit growth | +7.7% | +2.5% | +81.0% | +50.6% | +59.3% | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +30.9% | +23.5% | +21.0% |
| Net profit | +40.9% | +52.6% | +59.3% |
| EPS | +39.7% | +49.2% | – |
| Share price | – | +25.3% (2y) | +21.2% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 651 | 786 | 1,036 | 1,423 |
| Borrowings | – | 467 | 587 | 529 | 571 |
| Cash & equivalents | – | 335 | 445 | 406 | 680 |
| Total assets | – | 2,121 | 3,207 | 4,080 | 4,928 |
| Fixed assets | – | 340 | 727 | 804 | 913 |
| Capital work in progress | – | 106 | 6 | 113 | 49 |
| Investments | – | 0 | 1 | 7 | 3 |
| Receivables | – | 405 | 386 | 543 | 592 |
| Inventory | – | 648 | 1,298 | 1,874 | 2,323 |
| Payables | – | 928 | 1,657 | 2,335 | 2,654 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 40 | 20 | 355 | 467 | 325 |
| Cash from investing | 100 | -199 | -297 | -217 | -186 |
| Cash from financing | -22 | 143 | 2 | -247 | -131 |
| Capex | 0 | 209 | 318 | 238 | 106 |
| Free cash flow | 40 | -190 | 37 | 229 | 219 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 20.4% | 17.3% | 23.7% | 26.0% |
| ROCE % | – | 24.1% | 21.5% | 32.4% | 33.1% |
| Debtor days | – | 14 | 10 | 10 | 9 |
| Inventory days | – | 23 | 36 | 37 | 37 |
| Payable days | – | 33 | 46 | 46 | 42 |
| Cash conversion cycle (days) | – | 4 | 0 | 1 | 4 |
| Working capital days | – | 12 | 9 | 9 | 11 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 74.24% |
| FIIs | 2.01% |
| DIIs | 0.09% |
| of which Mutual funds | 0.08% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 23.66% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 73.67% | 73.67% | 73.67% | 73.67% | 74.24% | 74.24% | 74.24% | 74.24% |
| Promoter group | % |
|---|---|
| Kanubhai Jivatram Thakkar | 30.10% |
| Manjulaben Kanubhai Thakker | 14.43% |
| Jashodaben Commodities Llp | 12.57% |
| Jayeshkumar K Thakkar | 9.84% |
| Dipakkumar Kanubhai Thakkar | 2.37% |
| Nilesh Kanubhai Thakkar | 2.37% |
| Ritika Infracon Private | 1.68% |
| Bhavna Dipakkumar Harwani | 0.88% |
| Public holders above 1% | % |
|---|---|
| Oppbasket Private Limited | 1.41% |
| Legacy Commodities Private Limited . | 1.23% |
| Anushree Himanshubhai Shah | 1.21% |
| Eriska Investment Fund Ltd | 1.06% |
50,922 shareholders. Pledged: 13.69% 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 |
|---|---|---|
| 2025-10-14 | Split | Face Value Split (Sub-Division) - From Rs 2/- Per Share To Re 1/- Per Share |
| 2023-09-15 | Other | Annual General Meeting |
| 2023-03-08 | Rights | Rights 1:32 @ Premium Rs 90/- |
| 2022-09-21 | Other | Annual General Meeting |
| 2021-09-21 | Other | Annual General Meeting |
| 2020-08-26 | Other | Annual General Meeting |
| 2019-09-18 | Other | Annual General Meeting |
| 2018-09-18 | Other | Annual General Meeting |
| 2017-09-07 | Other | Annual General Meeting |
| 2016-09-07 | Other | Annual General Meeting |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Manufacturing: Edible Oils, Food, FMCG and Industry Essentials
| Sector | Fast Moving Consumer Goods |
| Industry | Edible Oil |
| Sub-industry | Edible Oil |
| Symbol | GOKULAGRO |
| BSE code | 539725 |
| ISIN | INE314T01033 |
| Face value | ₹1.0 |
| Incorporated | 2014-07-03 |
| Website | www.gokulagro.com |
| Plants (India / abroad) | 4 / 0 |
From the company's filings (BRSR FY26).
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.