Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 927.43 | 807.13 | 697.41 | 788.05 | 855.97 | 1,006.76 | 860.07 | 926.43 | 1,062.65 | 1,075.61 | 1,055.78 | 1,016.75 |
| Expenses | 909.51 | 794.37 | 693.16 | 779.64 | 844.39 | 999.73 | 850.74 | 912.58 | 1,054.29 | 1,065.00 | 1,052.33 | 1,000.18 |
| Operating Profit | 17.92 | 12.76 | 4.25 | 8.41 | 11.58 | 7.03 | 9.33 | 13.85 | 8.36 | 10.61 | 3.45 | 16.57 |
| OPM % | 1.93% | 1.58% | 0.61% | 1.07% | 1.35% | 0.70% | 1.08% | 1.49% | 0.79% | 0.99% | 0.33% | 1.63% |
| Other Income | -15.54 | 2.70 | 9.99 | 5.40 | 5.43 | 7.38 | 10.23 | 2.97 | 8.45 | 6.82 | 14.17 | 3.48 |
| Interest | 6.11 | 9.56 | 9.18 | 7.92 | 8.52 | 9.13 | 7.79 | 8.81 | 9.64 | 7.40 | 7.26 | 9.29 |
| Depreciation | 2.59 | 2.61 | 2.75 | 2.69 | 2.09 | 3.80 | 3.02 | 2.71 | 2.76 | 2.74 | 2.73 | 2.78 |
| Profit before tax | -6.32 | 3.29 | 2.31 | 3.20 | 6.40 | 1.48 | 8.75 | 5.30 | 4.41 | 7.29 | 7.63 | 7.98 |
| Tax % | -25.79% | 38.60% | 15.58% | 23.44% | 19.53% | 60.81% | 24.11% | 27.36% | 19.95% | 28.12% | 23.46% | 23.81% |
| Net Profit | -4.70 | 2.02 | 1.96 | 2.44 | 5.14 | 0.58 | 6.64 | 3.86 | 3.52 | 5.25 | 5.85 | 6.08 |
| EPS in Rs | -0.47 | 0.20 | 0.20 | 0.25 | 0.52 | 0.06 | 0.67 | 0.39 | 0.36 | 0.53 | 0.59 | 0.61 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,413 | 1,854 | 1,987 | 2,197 | 2,159 | 2,464 | 3,053 | 3,137 | 3,019 | 3,510 | 4,120 | 4,211 |
| Expenses | 3,360 | 1,821 | 1,970 | 2,163 | 2,121 | 2,424 | 3,013 | 3,081 | 2,973 | 3,474 | 4,084 | 4,172 |
| Operating Profit | 53 | 33 | 17 | 33 | 38 | 40 | 40 | 56 | 46 | 36 | 36 | 39 |
| OPM % | 1.6% | 1.8% | 0.8% | 1.5% | 1.8% | 1.6% | 1.3% | 1.8% | 1.5% | 1.0% | 0.9% | 0.9% |
| Other Income | 20 | 11 | 33 | 23 | 23 | 12 | 21 | 10 | 0 | 28 | 32 | 33 |
| Interest | 42 | 32 | 33 | 32 | 29 | 20 | 18 | 27 | 33 | 33 | 33 | 34 |
| Depreciation | 14 | 4 | 5 | 5 | 6 | 5 | 6 | 8 | 10 | 12 | 11 | 11 |
| Profit before tax | 17 | 8 | 12 | 19 | 27 | 27 | 37 | 31 | 3 | 20 | 25 | 27 |
| Tax % | 34% | 68% | 27% | 35% | 26% | 24% | 28% | 23% | 32% | 25% | 25% | |
| Net Profit | 11 | 2 | 9 | 12 | 20 | 20 | 27 | 24 | 2 | 15 | 18 | 21 |
| EPS in Rs | 0.85 | 0.18 | 0.69 | 0.92 | 1.50 | 2.07 | 2.68 | 2.44 | 0.18 | 1.50 | 1.87 | 2.09 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 2% | 11% | 10% | 15% | ||
| Compounded Profit Growth | 5% | -3% | -10% | 28% | ||
| Stock Price CAGR | 12% | 7% | 3% | -6% | ||
| Return on Equity | 5% | 5% | 3% | 5% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 26 | 26 | 26 | 26 | 26 | 26 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 352 | 251 | 254 | 247 | 259 | 279 | 258 | 284 | 308 | 310 | 325 | 344 |
| Borrowings | 597 | 130 | 695 | 309 | 263 | 232 | 283 | 368 | 425 | 282 | 280 | 386 |
| Other Liabilities | 1,053 | 652 | 89 | 57 | 58 | 60 | 144 | 169 | 91 | 127 | 143 | 161 |
| Total Liabilities | 2,029 | 1,059 | 1,065 | 639 | 607 | 597 | 704 | 841 | 844 | 739 | 768 | 910 |
| Fixed Assets | 346 | 253 | 231 | 69 | 68 | 73 | 80 | 84 | 109 | 108 | 113 | 111 |
| CWIP | 8 | 1 | 3 | 5 | 3 | 2 | 2 | 2 | 2 | 7 | 0 | 0 |
| Investments | 37 | 30 | 68 | 36 | 42 | 39 | 24 | 33 | 74 | 60 | 43 | 106 |
| Other Assets | 1,637 | 775 | 762 | 530 | 494 | 483 | 598 | 721 | 659 | 564 | 612 | 693 |
| Total Assets | 2,029 | 1,059 | 1,065 | 639 | 607 | 597 | 704 | 841 | 844 | 739 | 768 | 910 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -260 | 390 | 41 | 111 | 72 | 65 | 6 | -72 | 92 | 56 | 17 | 34 |
| Cash from Investing Activity | 187 | 53 | -28 | 280 | -0 | 8 | 9 | -7 | -22 | 17 | -5 | -3 |
| Cash from Financing Activity | -89 | -504 | -28 | -417 | -78 | -62 | -16 | 66 | 27 | -123 | -35 | 73 |
| Net Cash Flow | -162 | -62 | -15 | -27 | -6 | 11 | -0 | -13 | 97 | -51 | -23 | 103 |
| Free Cash Flow | -309 | 385 | 36 | 359 | 70 | 61 | -2 | -84 | 63 | 43 | 8 | 25 |
| CFO/OP | -252% | 744% | 106% | 727% | 233% | 182% | 30% | -154% | 179% | 130% | 55% | 107% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 35 | 24 | 35 | 16 | 17 | 15 | 16 | 20 | 16 | 16 | 17 | 19 |
| Inventory Days | 38 | 31 | 63 | 39 | 25 | 29 | 45 | 43 | 31 | 27 | 24 | 17 |
| Days Payable | 68 | 69 | 10 | 7 | 5 | 4 | 14 | 19 | 8 | 15 | 14 | 13 |
| Cash Conversion Cycle | 5 | -14 | 88 | 48 | 38 | 40 | 46 | 44 | 39 | 28 | 27 | 23 |
| Working Capital Days | -11 | -15 | -30 | 11 | 14 | 18 | 12 | 10 | 1 | 9 | 12 | 1 |
| ROCE % | 12% | 8% | 6% | 9% | 8% | 10% | 9% | 9% | 8% | 8% | 8% | 8% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 71.79% | 73.01% | 73.01% | 74.62% | 74.62% | 74.62% | 72.80% | 72.80% | 72.80% | 72.80% | 73.54% | 73.60% |
| FIIs | 0.09% | 0.23% | 0.33% | 0.23% | 0.30% | 0.31% | 0.29% | 0.29% | 0.29% | 0.28% | 0.27% | 0.78% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
| Public | 28.11% | 26.76% | 26.66% | 25.15% | 25.08% | 25.06% | 26.90% | 26.91% | 26.90% | 26.91% | 26.19% | 25.62% |
| No. of Shareholders | 26,003 | 26,100 | 27,400 | 25,859 | 24,802 | 23,381 | 22,706 | 22,548 | 22,479 | 22,022 | 21,421 | 21,011 |
Fundamentals
Market Cap₹ 386 Cr.
Current Price₹ 39.4
Stock P/E18.6
Book Value₹ 36.7
ROCE8.25 %
ROE4.86 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)15%
Compounded Profit Growth (TTM)28%
Consolidated figures.
Valuation
Market capRs 383 Cr
Enterprise valueRs 660 Cr
P/E (TTM)18.49x
Price to book1.05x
Price to sales0.09x
EV / EBITDA9.18x
EV / EBIT10.84x
EV / sales0.16x
Price to cash flow11.31x
Earnings yield5.41%
P/E, 3-year average78.70x
P/B, 3-year average1.07x
P/E, 5-year average51.75x
P/B, 5-year average1.01x
Profitability
Operating margin (excl. other income)0.88%
Operating margin (incl. other income)1.67%
EBITDA margin1.71%
Pre-tax margin0.65%
Net profit margin0.49%
Net margin, latest quarter0.60%
ROE5.22%
ROCE8.40%
ROA2.20%
ROE, 3-year average3.39%
ROCE, 3-year average7.42%
ROA, 3-year average1.47%
ROE, 5-year average5.38%
ROCE, 5-year average7.87%
ROA, 5-year average2.14%
ROIC (approx.)7.13%
Tax rate25.00%
Other income / net worth8.92%
Growth
Sales growth (latest year)17.37%
Profit growth (latest year)24.78%
Sales CAGR, 3 years9.52%
Sales CAGR, 5 years10.83%
Profit CAGR, 3 years-8.52%
Profit CAGR, 5 years-2.02%
Sales growth QoQ-3.70%
Profit growth QoQ3.93%
Sales growth YoY (latest quarter)9.75%
Profit growth YoY (latest quarter)57.51%
Per share
EPS (TTM)Rs 2.09
EPS (latest year)Rs 1.87
EPS (latest quarter)Rs 0.61
EPS, 3-year averageRs 1.18
EPS, 5-year averageRs 1.73
Book value per shareRs 36.71
Sales per shareRs 425.35
Cash flow per shareRs 3.42
Free cash flow per shareRs 2.53
Efficiency
Asset turnover4.53x
Fixed asset turnover37.26x
Inventory turnover21.44x
Inventory days17 days
Debtor days19 days
Debtors turnover19.60x
Creditor days13 days
Cash conversion cycle23 days
Working capital days1 days
Leverage
Total debtRs 386 Cr
Cash and bankRs 109 Cr
Net debtRs 277 Cr
Debt to equity1.06x
Net debt / EBITDA3.86x
Interest coverage1.81x
Owners' fund to total sources39.91%
Debt to assets42.45%
Cash flow
Cash from Operating Activity (latest year)Rs 34 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 73 Cr
Net Cash Flow (latest year)Rs 103 Cr
Free cash flow (latest year)Rs 25 Cr
FCFE (approx.: FCF + change in debt)Rs 131 Cr
Cash from ops / profit, 5 years1.48x
Sales to cash flow121.80x
Statement figures
Net sales (TTM)Rs 4,211 Cr
Net sales (latest year)Rs 4,120 Cr
Sales (latest quarter)Rs 1,017 Cr
Operating profit excl. other income (latest year)Rs 36 Cr
Operating profit (latest quarter)Rs 17 Cr
Other income (TTM)Rs 33 Cr
EBITDA (TTM)Rs 72 Cr
PBDT (TTM)Rs 38 Cr
Profit before tax (TTM)Rs 27 Cr
Tax (latest year)Rs 6 Cr
Net profit (TTM)Rs 21 Cr
Net profit (latest year)Rs 18 Cr
Net profit (latest quarter)Rs 6 Cr
Depreciation (TTM)Rs 11 Cr
Depreciation (latest quarter)Rs 3 Cr
Interest (TTM)Rs 34 Cr
Cost of goods sold (latest year)Rs 4,016 Cr
Total expenditure (latest year)Rs 4,084 Cr
Total income (latest year)Rs 4,153 Cr
Share capitalRs 20 Cr
ReservesRs 344 Cr
Shareholders' fundsRs 363 Cr
Total assetsRs 910 Cr
Net blockRs 111 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 106 Cr
ReceivablesRs 210 Cr
InventoryRs 187 Cr
Other liabilitiesRs 161 Cr
Shares outstanding (crore)9.90
Ownership
Promoter holding73.60% (+0.80 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 18.5 is at the 60th percentile of its own 9.4-year range
(median 15.0, low 5.9, high 340.9).
P/B 1.05 is at the 57th percentile (median 1.00).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | GOKUL | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -3.2% | -2.8% | -0.4 pts |
| 1 month | -6.9% | -6.8% | -0.1 pts |
| 3 months | -6.9% | -7.6% | +0.7 pts |
| 6 months | +11.5% | +0.4% | +11.1 pts |
| 1 year | -9.7% | -9.9% | +0.2 pts |
| 2 years | -24.4% | -13.6% | -10.8 pts |
| 3 years | +7.5% | +14.2% | -6.6 pts |
| 5 years | +39.3% | +27.9% | +11.4 pts |
Red flags
F-score 5 of 8| look | Profit leans on other income Other income was 131% of pre-tax profit in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹1,017 Cr +9.7% vs Jun 2025.
Net profit ₹6 Cr +57.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Marico Ltd | 102,346 | 54.2 | 47.0 % |
| Patanjali Foods Ltd | 40,412 | 18.6 | 12.1 % |
| AWL Agri Business Ltd | 23,232 | 19.8 | 18.3 % |
| Gokul Agro Resources Ltd | 6,351 | 15.1 | 36.7 % |
| CIAN Agro Industries & Infrastructure Ltd | 3,115 | 9.67 | 12.3 % |
| Sundrop Brands Ltd | 2,831 | 101 | 1.93 % |
| Shri Venkatesh Refineries Ltd | 1,452 | 38.0 | 19.8 % |
| KN Agri Resources Ltd | 500 | 14.0 | 13.6 % |
| Kriti Nutrients Ltd | 364 | 10.8 | 20.0 % |
| Integrated Proteins Ltd | 249 | 429 | 1.26 % |
| Vijay Solvex Ltd | 207 | 8.69 | 9.00 % |
| Ramdevbaba Solvent Ltd | 204 | 17.8 | 5.39 % |
| Ajanta Soya Ltd | 183 | 12.7 | 8.87 % |
| Prime Industries Ltd | 177 | 19.8 | 26.9 % |
| M K Proteins Ltd | 147 | 31.3 | 10.1 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2020-08-13 | Buyback | |
| 2018-09-19 | Annual General Meeting | |
| 2017-09-20 | Annual General Meeting | |
| 2016-09-15 | Annual General Meeting | |
| 2015-09-16 | Annual General Meeting/Scheme Of Arrangement | |
| 2014-08-27 | Annual General Meeting | |
| 2013-09-12 | Annual General Meeting | |
| 2012-09-21 | Annual General Meeting | |
| 2011-09-16 | Annual General Meeting/Dividend Re 0.22 Per Share | |
| 2010-08-25 | Interim Dividend-Re.0.10 Per Share | |
| 2010-07-20 | Annual General Meeting And Dividend Re.0.30 Per Share | |
| 2009-10-14 | Fv Split Rs.10/- To Rs.2/Rd Revised | 0.2000 |
| 2009-09-04 | Agm/Div-Rs.1.50 Per Share | |
| 2008-09-05 | Annual General Meeting |
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Shareholder meeting | Voting results of Annual General Meeting held on August 21, 2025 |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Gokul Refoils and Solvent Ltd?
Gokul Refoils and Solvent Ltd (GOKUL) has a market capitalisation of Rs 386 Cr. at the 2026-10-01 close.
What is the P/E ratio of Gokul Refoils and Solvent Ltd?
Gokul Refoils and Solvent Ltd trades at a P/E of 18.6 on trailing twelve-month profit, at the 2026-10-01 close.
What were Gokul Refoils and Solvent Ltd's latest quarterly results?
In the Jun 2026 quarter, Gokul Refoils and Solvent Ltd sales was Rs 1,017 Cr (+9.7% vs Jun 2025) and net profit was Rs 6 Cr.
What is the 52-week high and low of Gokul Refoils and Solvent Ltd?
The 52-week high is Rs 46.80 and the 52-week low is Rs 31.00.