Gokul Refoils and Solvent Limited was incorporated as a Public Limited Company on December 29, 1992, and is headquartered in Ahmedabad, India. The company is part of the Gokul Group, which is among the top 3 manufacturers and exporters of castor derivatives in India. The promoters made a modest start in 1982 by setting up a small solvent extraction unit and trading in edible oils, before incorporating the company in 1992 and setting up an oil refinery at Sidhpur, Gujarat.
Gokul Refoils & Solvent Limited engages in the seed processing, solvent extraction, and refining of edible and non-edible industrial oils in India and internationally. The company conducts its business through Gokul Agri International Limited, which is a wholly-owned subsidiary, and has its production facility at Sidhpur, Gujarat.
The company operates in the oils and solvent extraction industry with substantial manufacturing capacity. At present, the company has 680 TPD of seed processing, 600 TPD of Solvent Extraction, 1200 TPD of refining and 200 TPD of Vanaspati manufacturing capacities. The company set up a Soyabean processing plant with an installed capacity of 1500 tons per day (TPD), which became operational during the year 2007-08.
The Sidhpur plant processes various types of oils including Kachi Ghani oil, Mustard oil, Groundnut oil, Refined Cottonseed oil, Soyaben Refined oil, Palmolein and Castor oil. The company provides various oils, including kachi ghani, mustard, groundnut, refined cottonseed, soyaben refined, palmolein and castor, and sunflower oils, as well as de-oiled cake/oil cake. It also offers organic manures/fertilizers and trades in agro commodities, such as spices.
The company provides its products under various brands including Gokul Physiotherapy, Time for Organics, Gokul Nutrients, Gokul Overseas, Gokul Agri International, Gokul Ayurved, and Gokul Lifespaces.
The company allotted 7,158,392 equity shares through IPO on May 27, 2008, and the equity shares got listed on BSE and NSE effective on June 4, 2008. The trading symbol of Gokul Refoils and Solvent Ltd is GOKUL on NSE and BSE: 532980.
The 52-week high for the stock was Rs. 71.2 and 52-week low was Rs. 37.24. The stock has experienced some volatility, with the share price decreasing by 18.46% over the past 6 months and by 0.02% in the last one year.
As of May 20, 2025, the market cap of Gokul Refoils and Solvent Ltd stood at Rs. 451.32 Cr. The company has a market cap of 471 Crore (up 11.3% in 1 year) with revenue of 3,348 Cr and profit of 10.1 Cr. The company has an operating revenue of Rs. 3,149.00 Cr on a trailing 12-month basis.
Recent quarterly performance shows mixed results. The company reported consolidated net profit of Rs 5.14 crore in the September 2024 quarter as against net loss of Rs 4.70 crore during the previous quarter ended September 2023, while sales declined 7.71% to Rs 855.97 crore. For the June 2024 quarter, net profit declined 3.56% to Rs 2.44 crore while sales rose 34.02% to Rs 788.05 crore.
- PE Ratio: 389.18
- PB Ratio: 1.99
- TTM Profit After Tax: ₹2 Cr
- Dividend Payout: Not currently paying dividends.
- Debt to Equity Ratio: 4% (indicates a healthy balance sheet).
- Chairman: Balvantsinh C Rajput
- Company Secretary: Abhinav Mathur
- Promoter Holding: 72.8% (indicating strong promoter confidence)
The company has undertaken several corporate actions in recent years. On July 4, 2014, a Composite Scheme of Arrangement was made effective from July 2015 for transfer/demerger of Gandhidham and Sidhpur undertakings along with related assets and liabilities. The company has also announced share buyback programs, demonstrating management's confidence in the business fundamentals and commitment to returning value to shareholders.
Gokul Refoils and Solvent has 326 employees, reflecting its operational scale in the edible oils and industrial oils sector. The company continues to maintain its position as a significant player in India's oils and derivatives market, particularly in the castor oil segment where it holds a leading market position.
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