Gokul Agro Resources Limited (GARL) is a prominent Indian company deeply involved in the manufacturing and processing of a wide array of edible and non-edible oils, along with their derivatives and feed meals. Headquartered with its primary manufacturing facility in Gandhidham, Gujarat, GARL has rapidly evolved into one of India's leading and fastest-growing FMCG companies. Incorporated on July 3, 2014, as a demerged entity from Gokul Refoils and Solvent Limited, the company has carved a significant niche in production, distribution, and exports across the agribusiness value chain.
Operating as an integrated agribusiness enterprise, GARL's core focus encompasses edible oils, vanaspati, and non-edible oil solvent extraction. Its state-of-the-art manufacturing unit in Gandhidham, Kutch, holds crucial Food Quality Assurance Certifications, including ISO 22000:2005. Additionally, the company operates another manufacturing unit in Anjar, also within the Kutch District of Gujarat, further solidifying its production capabilities.
Gokul Agro Resources Ltd. demonstrates robust financial health and a growing market presence. As of recent data, the company boasts a market capitalization of ₹4,656 Crores. Its revenue streams have shown remarkable expansion, growing from Rs 56,004 million in FY20 to Rs 138,856 million in FY24, signifying a compound annual growth rate (CAGR) of an impressive 25.5% over the last five years. This sustained growth underscores the company's strong performance in the competitive FMCG and edible oil sectors.
- FY24 Performance: Revenue reached Rs 138,856 million, a substantial 29.1% increase from Rs 107,566 million in FY23. Net profit stood at Rs 1,358 million, marking a 2.5% rise from Rs 1,324 million in FY23. The net profit CAGR over the past five years is a remarkable 63.1%.
- Q4 FY25 Results: The company reported revenue of ₹5,471.89 crores, up by 38.64% year-on-year. Net profit saw a 10.1% increase year-on-year to ₹48.71 crores, with earnings per share recorded at ₹3.3.
- Q3 FY25 Performance: Net sales hit record levels at Rs 4,988.22 crores. Profit After Tax also reached its highest point at Rs 72.53 crores, with earnings per share at ₹4.92.
The company's current stock price is ₹316.00. Key financial metrics highlight its strong market valuation and performance:
- Stock P/E Ratio: 19.0
- Book Value: ₹70.2
- 52-Week High/Low: ₹377/₹154
- Return on Capital Employed (ROCE): 34.2%
- Return on Equity (ROE): 27.0%
These metrics reflect the company's efficient utilization of capital and its ability to generate strong returns for its shareholders.
Gokul Agro Resources Ltd. offers a diverse and well-established product portfolio under prominent brands. In the edible oil segment, key brands include Vitalife, Mahek, and Zaika. For vanaspati, the company offers brands like Richfield and Puffpride.
The company's comprehensive range of agro-based commodities spans various product groups such as soybean, palmolive, cotton seed oil, sunflower oil, castor oil, oil cakes, de-oiled cakes, vanaspati, oil seeds, and other agro-commodities. Its specialized castor oil derivatives portfolio includes commercial grade, first pressed degummed grade, first special grade, pale pressed grade oil, pharmaceutical grade, and extra pale grade castor oil. Currently, GARL actively manufactures and distributes edible and non-edible oils, including soybean oil, palm oil (palmolein), sunflower oil, mustard oil, vanaspati, and industrial oils like castor oil.
GARL's influence extends beyond domestic borders, with significant trade operations spanning the globe. The company strategically maintains a subsidiary in Singapore, which serves as a vital hub for its international trading activities across key global markets. As an FSSC certified 22000:2024 company, GARL is internationally recognized for its unwavering commitment to quality and its ability to serve a comprehensive range of products that meet global standards.
The company is steered by a robust leadership team. Mr. Kanubhai Thakkar serves as the Chairman, and Mr. Jaimish Govindbhai Patel is the Company Secretary, ensuring effective corporate governance and strategic direction. Gokul Agro Resources Ltd. is publicly listed on both the National Stock Exchange (NSE) under the symbol GOKULAGRO and the Bombay Stock Exchange (BSE) under the code 539725. The company maintains a significant promoter holding of 73.7%.
Gokul Agro Resources Ltd. operates within the Fast Moving Consumer Goods (FMCG) sector, with a specific focus on the Agricultural Food & Other Products - Edible Oil category. It is recognized and included in key market indices such as the BSE Fast Moving Consumer Goods, BSE SmallCap, and BSE Allcap indices. Over the past five years, GARL has demonstrated outstanding market performance, with its revenue growing at an annual rate of 24.97%, significantly outperforming the industry average of 13.42%.
The company remains committed to expanding its product portfolio and enhancing its market reach, while consistently upholding its dedication to quality and international standards within the highly competitive edible oil and agro-products industry.
