Gokul Agro Resources (GOKULAGRO) had a P/E of 14.2× on 6 Nov 2026, below the industry P/E of 19.5×, and the shares are 14% below their 52-week high. Sales and net profit grew 31% and 41% a year over 3 years, with ROCE of 35% and ROE of 32%. Debt is 0.36× equity. It is a small-cap company with a market cap of ₹6,622 Cr, ranked 20th of 127 Packaged Foods companies by market cap; the shares rose 27% over the past year.
- ₹222.10
- ₹225.54
- ₹215.01
- ₹223.22
- 2.4 L
Health check
- ReturnsAhead
+26.9% over a year, better than 6 of 7 peers.
- Price tagCheaper
P/E 14.2 vs industry 19.5.
- GrowthStrong
Sales +30.6%, profit +40.8% a year over 3 years.
- ProfitabilityStrong
ROCE 35.4% vs peer median 15.3%.
- Balance sheetFair
Debt 0.36× equity, interest covered 4.2×, Piotroski 6 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹6,622 Cr
- Small cap
- P/E
- 14.2
- Industry 19.5
- Price to book
- 3.91
- Peers 8.88
- Dividend yield
- 0.00%
- ROE
- 32.0%
- Peers 14.8%
- ROCE
- 35.4%
- Peers 15.3%
- Debt to equity
- 0.36
- Debt ₹613 Cr
- EPS (TTM)
- ₹15.77
- Face value ₹1
- OPM (TTM)
- 3.3%
- Net margin 1.8%
- Sales growth
- +12.7%
- Latest quarter vs a year ago
- Profit growth
- +44.6%
- Latest quarter vs a year ago
- Price to sales
- 0.26
- EV/EBITDA 7.2
Strengths and risks
Strengths
- Return on equity of 32.0%.
- Return on capital employed of 35.4%.
- Quarterly profit up 44.6% on a year ago.
- P/E of 14.2 against an industry P/E of 19.5.
- Positive operating cash flow in each of the last 4 years.
About Gokul Agro Resources
Gokul Agro Resources Limited engages in the production and distribution of edible, non-edible oils and derivatives, and feed meals in India and internationally. The company offers edible oils for household kitchens and institutional use, such as refined soyabean oil, refined sunflower oil, kachi ghani mustard oil, refined groundnut oil, filtered groundnut oil, refined cottonseed oil, refined rice bran oil, refined palm oil, refined palmolein oil, premium…
- Headquarters
- Ahmedabad
- Employees
- 1,091
- Sector
- Consumer Defensive
- ISIN
- INE314T01033
- Website
- gokulagro.com
Price range
- Avg volume (3M)
- 4.7 L
- 1-year return
- plus 26.9%
- From 52-week high
- minus 13.6%
Peers · Packaged Foods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NESTLEINDNestle India | 1,282.10 | plus 1.89% | 2,47,229 | 60.6 | 42.76 | – | 79.9% | 21.0% | – | – | 0.94% | minus 0.5% |
| BRITANNIABritannia Industries | 4,785.00 | minus 3.92% | 1,15,255 | 43.2 | 27.13 | 61.2% | 66.7% | 18.4% | 5.7% | 3.0% | 1.89% | minus 15.5% |
| TATACONSUMTata Consumer Products | 1,086.30 | plus 0.80% | 1,07,511 | 63.3 | 4.86 | 8.3% | 7.6% | 14.0% | 13.9% | 8.6% | 0.92% | minus 8.6% |
| PATANJALIPatanjali Foods | 411.50 | plus 0.19% | 44,776 | 22.7 | 3.42 | 11.2% | 14.8% | 4.2% | 8.7% | 27.0% | 0.98% | minus 28.6% |
| HATSUNHatsun Agro Product | 1,068.10 | plus 0.33% | 23,792 | 66.0 | 12.07 | 20.2% | 19.0% | 10.7% | 11.2% | 29.0% | 1.87% | plus 2.4% |
| MILKYMISTMilky Mist Dairy Food | 297.20 | plus 0.93% | 22,880 | 91.2 | 8.88 | – | 9.7% | 10.1% | – | – | 0.00% | plus 63.7% |
| AWLAWL Agri Business | 167.00 | minus 0.48% | 21,573 | 18.7 | 1.98 | 15.3% | 11.1% | 2.9% | 8.7% | 21.4% | 0.60% | minus 39.5% |
| GOKULAGROGokul Agro Resources | 224.41 | plus 0.53% | 6,622 | 14.2 | 3.91 | 35.4% | 32.0% | 3.3% | 30.6% | 40.8% | 0.00% | plus 26.9% |
| Median of 7 peers | – | 0.33% | 44,776 | 60.6 | 8.88 | 15.3% | 14.8% | 10.7% | 8.7% | 21.4% | 0.94% | −8.6% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 6,638 | 6,314 | 6,200 | 5,282 | 7,481 | |
| 6,452 | 6,153 | 6,005 | 5,078 | 7,216 | |
| 186 | 162 | 195 | 204 | 265 | |
| 2.8% | 2.6% | 3.1% | 3.9% | 3.5% | |
| 9.2 | 8.2 | 13.4 | 13.1 | 11.2 | |
| 42.3 | 46.5 | 45.5 | 44.2 | 65.6 | |
| 14.3 | 14.7 | 14.6 | 14.5 | 15 | |
| 139 | 109 | 148 | 158 | 195 | |
| 27.0% | 28.3% | 19.6% | 22.3% | 25.0% | |
| 101 | 77.9 | 119 | 123 | 147 | |
| 3.43 | 2.63 | 4.03 | 4.16 | 4.95 |
Profit & loss
- Sales CAGR 3Y
- +30.6%
- Profit CAGR 3Y
- +40.8%
- EPS CAGR 3Y
- +10.9%
- ROE
- 32.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10,697 | 13,778 | 19,514 | 23,854 | |
| – | +28.8% | +41.6% | +22.2% | |
| 10,396 | 13,483 | 18,929 | 23,101 | |
| 301 | 295 | 585 | 754 | |
| 2.8% | 2.1% | 3.0% | 3.2% | |
| −39 | 6.3 | −50.7 | −63.2 | |
| 60.9 | 99.2 | 158 | 153 | |
| 28.9 | 31.9 | 54.5 | 56.6 | |
| 2.3 | 6.9 | 3.8 | 3.7 | |
| 175 | 177 | 325 | 485 | |
| 24.2% | 23.4% | 24.5% | 23.8% | |
| 132 | 136 | 246 | 369 | |
| – | +2.5% | +80.9% | +50.4% | |
| 9.18 | 9.20 | 8.32 | 12.52 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 29.5 | 29.5 | 29.5 | 29.5 | |
| 621 | 757 | 1,006 | 1,393 | |
| 484 | 604 | 544 | 589 | |
| 986 | 1,817 | 2,500 | 2,916 | |
| 2,121 | 3,207 | 4,080 | 4,928 | |
| 587 | 761 | 951 | 1,045 | |
| 233 | 21.4 | 134 | 117 | |
| 3.1 | 13.1 | 15.7 | 29.7 | |
| 84 | 150 | 155 | 261 | |
| 1,214 | 2,261 | 2,825 | 3,475 | |
| 2,121 | 3,207 | 4,080 | 4,928 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 19.9 | 355 | 467 | 325 | |
| −199 | −297 | −217 | −186 | |
| 143 | 2.4 | −247 | −131 | |
| −36.5 | 60.8 | 3.5 | 7.7 | |
| −209 | −318 | −238 | −106 | |
| −190 | 37.3 | 229 | 219 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 1.6% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.