GOKULAGRO
Gokul Agro Resources Limited
Gokul Agro Resources Limited (GOKULAGRO) financial statements and selected valuation metrics through 30 June 2026.
Fast Moving Consumer Goods›Fast Moving Consumer Goods›Agricultural Food & other Products›Edible Oil
gokulagro.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Stock price
₹213.11
Market cap
6,282 Cr
Stock P/E
14.9
P/B
4.43
ROE (FY26)
26.0%
ROCE (FY26)
33.0%
Operating margin (FY26)
2.6%
Debt / equity (FY26)
0.40
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
Loading price history…
Compare with peers
Loading peers…
What you need to know
Gokul Agro refines and sells edible oils, specialty fats and castor oil derivatives to households, food businesses and industrial buyers in India, and exports edible oils and biodiesel to overseas buyers, with plants in Gujarat, Andhra Pradesh and Karnataka.
Company snapshot
4thBy market cap
Ranked among 11 companies in Edible Oil.
What we see
Positives
- ✓Return on equity of 26.0% — the company generates strong returns on shareholders' money.
Concerns
- ✗Net margin is very thin at 1.5% — little room for error if costs rise.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,119 Cr | 3,346 Cr | 3,938 Cr | 4,290 Cr | 4,812 Cr | 4,988 Cr | 5,462 Cr | 4,924 Cr | 6,638 Cr | 6,314 Cr | 6,200 Cr | 5,282 Cr |
| Operating expenses (approx.) | 4,038 Cr | 3,267 Cr | 3,843 Cr | 4,174 Cr | 4,662 Cr | 4,848 Cr | 5,340 Cr | 4,791 Cr | 6,452 Cr | 6,153 Cr | 6,005 Cr | 5,078 Cr |
| EBITDA | 81 Cr | 78 Cr | 94 Cr | 116 Cr | 150 Cr | 140 Cr | 122 Cr | 134 Cr | 186 Cr | 162 Cr | 195 Cr | 204 Cr |
| OPM % | 2.0% | 2.3% | 2.4% | 2.7% | 3.1% | 2.8% | 2.2% | 2.7% | 2.8% | 2.6% | 3.1% | 3.9% |
| Other income | 7 Cr | 8 Cr | 9 Cr | 8 Cr | 8 Cr | 8 Cr | 10 Cr | 9 Cr | 9 Cr | 8 Cr | 13 Cr | 13 Cr |
| Interest | 37 Cr | 36 Cr | 34 Cr | 42 Cr | 49 Cr | 44 Cr | 48 Cr | 40 Cr | 42 Cr | 46 Cr | 46 Cr | 44 Cr |
| Depreciation | 8 Cr | 8 Cr | 9 Cr | 14 Cr | 13 Cr | 13 Cr | 14 Cr | 13 Cr | 14 Cr | 15 Cr | 15 Cr | 14 Cr |
| Profit before tax | 43 Cr | 43 Cr | 60 Cr | 68 Cr | 97 Cr | 91 Cr | 70 Cr | 90 Cr | 139 Cr | 108 Cr | 148 Cr | 158 Cr |
| Tax % | 21.7% | 21.0% | 26.3% | 21.7% | 26.1% | 20.3% | 30.5% | 20.0% | 27.0% | 28.4% | 19.7% | 22.4% |
| Net profit | 34 Cr | 34 Cr | 44 Cr | 53 Cr | 71 Cr | 73 Cr | 49 Cr | 72 Cr | 101 Cr | 78 Cr | 119 Cr | 123 Cr |
| EPS (₹) | ₹2.29 | ₹2.28 | ₹3.00 | ₹3.59 | ₹4.84 | ₹4.91 | ₹3.30 | ₹4.85 | ₹6.86 | ₹2.63 | ₹4.03 | ₹4.16 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,313 Cr | 5,063 Cr | 4,546 Cr | 5,587 Cr | 8,387 Cr | 10,391 Cr | 10,740 Cr | 13,854 Cr | 19,551 Cr | 24,077 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 4,229 Cr | 4,957 Cr | 4,428 Cr | 5,468 Cr | 8,244 Cr | 10,166 Cr | 10,458 Cr | 13,559 Cr | 19,022 Cr | 23,400 Cr | Sign in free for the trailing twelve months |
| EBITDA | 84 Cr | 107 Cr | 118 Cr | 120 Cr | 142 Cr | 225 Cr | 282 Cr | 295 Cr | 528 Cr | 676 Cr | Sign in free for the trailing twelve months |
| OPM % | 2.0% | 2.1% | 2.6% | 2.1% | 1.7% | 2.2% | 2.6% | 2.1% | 2.7% | 2.8% | Sign in free for the trailing twelve months |
| Other income | 21 Cr | 11 Cr | 10 Cr | 13 Cr | 15 Cr | 17 Cr | 17 Cr | 32 Cr | 34 Cr | 40 Cr | Sign in free for the trailing twelve months |
| Interest | 53 Cr | 70 Cr | 84 Cr | 84 Cr | 62 Cr | 56 Cr | 95 Cr | 118 Cr | 183 Cr | 174 Cr | Sign in free for the trailing twelve months |
| Depreciation | 21 Cr | 28 Cr | 30 Cr | 23 Cr | 30 Cr | 29 Cr | 29 Cr | 32 Cr | 54 Cr | 57 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 31 Cr | 20 Cr | 14 Cr | 26 Cr | 66 Cr | 156 Cr | 175 Cr | 177 Cr | 325 Cr | 485 Cr | Sign in free for the trailing twelve months |
| Tax % | 35.0% | 23.4% | 22.6% | 27.3% | 32.3% | 21.2% | 24.2% | 23.4% | 24.5% | 23.8% | Sign in free for the trailing twelve months |
| Net profit | 20 Cr | 15 Cr | 11 Cr | 19 Cr | 45 Cr | 123 Cr | 132 Cr | 136 Cr | 246 Cr | 369 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹1.52 | ₹1.17 | ₹0.83 | ₹1.46 | ₹3.39 | ₹9.02 | ₹9.18 | ₹9.20 | ₹16.64 | ₹12.52 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | Sign in free for the trailing twelve months |
Sign in free for the trailing twelve months
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity capital | 26 Cr | 26 Cr | 26 Cr | 71 Cr | 71 Cr | 29 Cr | 30 Cr | 30 Cr | 30 Cr | 30 Cr |
| Reserves | 180 Cr | 195 Cr | 208 Cr | 229 Cr | 274 Cr | 442 Cr | 621 Cr | 757 Cr | 1,006 Cr | 1,393 Cr |
| Borrowings | 284 Cr | 332 Cr | 292 Cr | 241 Cr | 165 Cr | 305 Cr | 467 Cr | 587 Cr | 529 Cr | 571 Cr |
| Other liabilities | 799 Cr | 751 Cr | 774 Cr | 918 Cr | 1,043 Cr | 942 Cr | 1,003 Cr | 1,833 Cr | 2,515 Cr | 2,935 Cr |
| Total liabilities | 1,289 Cr | 1,305 Cr | 1,301 Cr | 1,459 Cr | 1,554 Cr | 1,717 Cr | 2,121 Cr | 3,207 Cr | 4,080 Cr | 4,928 Cr |
| Fixed assets (net) | 178 Cr | 222 Cr | 216 Cr | 227 Cr | 218 Cr | 250 Cr | 340 Cr | 727 Cr | 804 Cr | 913 Cr |
| CWIP | 15 Cr | 10 Cr | 11 Cr | 3 Cr | 4 Cr | 17 Cr | 106 Cr | 6 Cr | 113 Cr | 49 Cr |
| Investments | 0.18 Cr | 11 Cr | 12 Cr | 13 Cr | 14 Cr | 1 Cr | 3 Cr | 10 Cr | 25 Cr | 138 Cr |
| Loans & advances | — | — | 30 Cr | 25 Cr | 25 Cr | 34 Cr | 45 Cr | 27 Cr | 29 Cr | 31 Cr |
| Inventories | 352 Cr | 414 Cr | 473 Cr | 469 Cr | 368 Cr | 735 Cr | 648 Cr | 1,298 Cr | 1,874 Cr | 2,323 Cr |
| Trade receivables | 386 Cr | 377 Cr | 338 Cr | 379 Cr | 558 Cr | 208 Cr | 405 Cr | 386 Cr | 543 Cr | 592 Cr |
| Cash & bank | 185 Cr | 67 Cr | 17 Cr | 43 Cr | 43 Cr | 117 Cr | 81 Cr | 142 Cr | 145 Cr | 153 Cr |
| Other assets | 172 Cr | 203 Cr | 204 Cr | 300 Cr | 323 Cr | 356 Cr | 492 Cr | 611 Cr | 546 Cr | 730 Cr |
| Total assets | 1,289 Cr | 1,305 Cr | 1,301 Cr | 1,459 Cr | 1,554 Cr | 1,717 Cr | 2,121 Cr | 3,207 Cr | 4,080 Cr | 4,928 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | -7 Cr | -52 Cr | 102 Cr | 114 Cr | 147 Cr | 40 Cr | 20 Cr | 355 Cr | 467 Cr | 325 Cr |
| Cash from investing | 11 Cr | -68 Cr | -15 Cr | -32 Cr | -8 Cr | 100 Cr | -199 Cr | -297 Cr | -217 Cr | -186 Cr |
| Cash from financing | 33 Cr | 3 Cr | -98 Cr | -66 Cr | -127 Cr | -22 Cr | 143 Cr | 2 Cr | -247 Cr | -131 Cr |
| Net cash flow | 36 Cr | -118 Cr | -12 Cr | 16 Cr | 12 Cr | 119 Cr | -37 Cr | 61 Cr | 4 Cr | 8 Cr |
| Free cash flow (OCF − Capex) | -53 Cr | -120 Cr | 78 Cr | 75 Cr | 123 Cr | 40 Cr | -190 Cr | 37 Cr | 229 Cr | 219 Cr |
Ratios
| Metric | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % | 17.2% | 16.2% | 18.6% | 20.4% | 25.0% | 27.4% | 24.1% | 21.5% | 32.4% | 33.0% |
| ROE % | 9.7% | 7.0% | 4.6% | 6.4% | 12.9% | 26.1% | 20.4% | 17.3% | 23.7% | 26.0% |
| Debtor days | 33 | 27 | 27 | 25 | 24 | 7 | 14 | 10 | 10 | 9 |
| Inventory days | 42 | 46 | 53 | 50 | 26 | 28 | 27 | 41 | 51 | 46 |
| Days payable | 91 | 79 | 81 | 89 | 69 | 34 | 38 | 52 | 63 | 53 |
| Cash conversion cycle | -16 | -6 | -1 | -15 | -18 | 2 | 2 | -1 | -2 | 2 |
| OCF / EBITDA % | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. |
| OCF / EBITDA % (3 years) | — | — | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. | n.m. |
| Debt / equity | 1.37 | 1.50 | 1.24 | 0.80 | 0.48 | 0.65 | 0.72 | 0.75 | 0.51 | 0.40 |
| Current ratio | — | — | 1.05 | 1.09 | 1.12 | 1.22 | 1.31 | 1.16 | 1.17 | 1.23 |
| Net debt / EBITDA | 1.17 | — | 2.34 | 1.65 | 0.86 | 0.84 | 1.37 | 1.51 | 0.73 | 0.62 |