Is Gokul Refoils and Solvent Ltd (GOKUL) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Gokul Refoils and Solvent Ltd is a below average quality company .

Is Gokul Refoils and Solvent Ltd (GOKUL) undervalued or overvalued?

The key valuation ratios of Gokul Refoils and Solvent Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone .

What is Gokul Refoils and Solvent Ltd (GOKUL) share price return in the past 10 years?

Gokul Refoils and Solvent Ltd share price has appreciated 11.8% annually (CAGR) over the past ten years.

Is Gokul Refoils and Solvent Ltd (GOKUL) a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Gokul Refoils and Solvent Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

What is the share price of Gokul Refoils and Solvent Ltd (GOKUL)?

Company share prices are keep on changing according to the market conditions. The current trading price of Gokul Refoils and Solvent Ltd (GOKUL) on 17-Apr-2026 16:59:59 at 16:59 is 39.82.

What is the P/E ratio of Gokul Refoils and Solvent?

The latest standalone P/E ratio of Gokul Refoils and Solvent as of 17-Apr-2026 is 95.36.

What is the P/B ratio of Gokul Refoils and Solvent Ltd (GOKUL)?

The latest standalone P/B ratio of Gokul Refoils and Solvent Ltd (GOKUL) as of 17-Apr-2026 is 1.85.

What is the 52-week high and low of Gokul Refoils and Solvent Ltd (GOKUL)?

The 52-week high of Gokul Refoils and Solvent Ltd (GOKUL) is Rs. 54.00 and the 52-week low is Rs. 31.07.

Gokul Refoils and Solvent Ltd (GOKUL) Share Analysis – Brand Strength, Quality & Valuation Zone & DeciZen Rating

Name: Gokul Refoils and Solvent Ltd (GOKUL)
Brand: Gokul Refoils and Solvent

Gokul Refoils and Solvent Ltd (GOKUL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Gokul Refoils and Solvent Ltd (GOKUL)

BSE: 532980 NSE: GOKUL

Key Metrics

Market Cap

₹394 Cr.

P/E Ratio

95.36

Price to Book (P/B)

1.85

Price to Sales (P/S)

0.56

EV/EBITDA

60.84

Return on Capital Employed (ROCE)

2.04%

Current Price

₹39.8

Return on Equity (ROE)

1.60%

Return on Assets (ROA)

1.63%

Operating Profit Margin

-35.7%

Net Profit Margin

31.81%

Gross Profit Margin

44.6%

Book Value per Share

₹21.5

Sales Growth (YoY)

-87.37%

Sales Growth (3 Years)

-2.55%

Operating Profit Growth (1 Year)

-233.69%

Operating Profit Growth (3 Years)

N/A%

Net Profit Growth (1 Year)

NA%

52-Week Low / High

₹31 / 54

Net Profit Growth (3 Years)

32.93%

Dividend Yield

0.00%

Promoter Holding

73.54%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Gokul Refoils and Solvent Ltd?

Gokul Refoils and Solvent Ltd revenue growth is -87.4% for FY-2025 , which is below its 5 year CAGR of -9.7% , indicating slower growth.

Q.1 Promoter shareholding and pledge status of Gokul Refoils and Solvent Ltd?

Promoters hold 73.54% of the Gokul Refoils and Solvent Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Revenue growth of Gokul Refoils and Solvent Ltd vs industry peers?

Gokul Refoils and Solvent Ltd revenue CAGR is -9.66% , compared to the industry median CAGR of 5.75% , indicating slower growth and losing its market share.

Q.1 Which industry/sub-sector does Gokul Refoils and Solvent Ltd belong to?

Gokul Refoils and Solvent Ltd belongs to the FMCG sector, operating specifically within the Edible Oil segment.

Q.1 Stock return of Gokul Refoils and Solvent Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 11.4% based on the current price.

DeciZen - make an informed investing decision on Gokul Refoils & Solv

Based on:

Data

Overall Rating ⓘ
Login to view analysis. M-Cap below 500cr. High Risk from low Liquidity

1. Quality

2. Valuation ⓘ

3. Price Trend

Gokul Refoils and Solvent stock performance

Key Ratios

Is Gokul Refoils and Solvent Ltd an attractive stock to invest in?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	3.5%	-0.3%	0.1%	1.9%	5.2%	1.5%	0.8%	1.2%	-5%	2%	-
Value Creation Index ⓘ	-0.8	-1.0	-1.0	-0.9	-0.6	-0.9	-0.9	-0.9	-1.4	-0.9	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,643	232	186	8	17.6	10	11.4	7.4	83.7	10.6	709
Sales YoY Gr.	-	-85.9%	-19.6%	-95.7%	119.1%	-42.9%	13.9%	-34.9%	1,026.7%	-87.4%	-
Adj EPS ⓘ	0.6	0.3	1.9	0.2	0.5	0.2	0	0.1	0.4	0.1	0.4
YoY Gr.	-	-58.7%	626.9%	-90%	179%	-60.4%	-85.7%	266.7%	290.9%	-83.7%	-
BVPS (₹) ⓘ	20.4	20.1	18.8	19	19.5	21.5	21.6	21.8	21	21.4	21.5
Adj Net Profit ⓘ	8.3	3.5	24.9	2.5	6.9	2.1	0.3	1.1	4.2	0.7	4
Cash Flow from Ops. ⓘ	424	23.5	45.9	-1	10.3	25.3	6	-2.3	-23.8	1	-
Debt/CF from Ops. ⓘ	0.1	13.8	0	0	0	0	0	0	0	0	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-42.9%	-9.7%	-2.6%	-87.4%
Adj EPS ⓘ	-21.7%	-33.3%	32.6%	-83.7%
BVPSⓘ	0.5%	1.8%	-0.4%	1.6%
Share Price	11.8%	17.2%	11.2%	-12%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	2.7	1.3	9.7	1	2.7	0.9	0.2	0.5	2	0.3	2
Op. Profit Mgn % ⓘ	1.5	-1	-4.8	-81.6	11.6	-19.3	-31.2	-45.6	3.4	-35.7	-0.3
Net Profit Mgn % ⓘ	0.5	1.5	13.4	31.4	39.5	21	3	14.8	5.1	6.3	0.6
Debt to Equity ⓘ	0.1	1.2	0	0	0	0	0	0	0	0	-
Working Cap Days ⓘ	185	445	429	6,477	2,724	4,162	3,126	4,679	399	2,966	324
Cash Conv. Cycle ⓘ	-21	-33	94	-105	26	124	11	8	-0	-3	320

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	0.4	2
TTM Sales (₹ Cr.)	709	3,925
BVPS (₹) ⓘ	21.5	36.1
Reserves (₹ Cr.) ⓘ	193	337
P/BV ⓘ	1.85	1.10
PE ⓘ	95.36	20.46

From the Market
52 Week Low / High (₹)	31.07 / 54.00
All Time Low / High (₹)	7.25 / 111.60
Market Cap (₹ Cr.)	394
Equity (₹ Cr.)	19.8
Face Value (₹)	2
Industry PE ⓘ	37.9

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Gokul Refoils & Solv - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	1,643	232	186	8	18	10	11	7	84	11
Operating Expenses ⓘ +	1,623	244	206	15	16	12	15	11	81	14
Manufacturing Costs	108	0	0	0	1	1	0	0	0	0
Material Costs	1,434	213	181	8	10	8	11	7	77	10
Employee Cost	9	5	5	2	2	2	2	2	3	3
Other Costs ⓘ	73	26	19	5	2	1	2	1	1	1
Operating Profit ⓘ	19	-13	-20	-7	2	-2	-4	-3	3	-4
Operating Profit Margin (%)	1.2%	-5.5%	-10.5%	-81.6%	11.6%	-19.3%	-31.2%	-45.6%	3.4%	-35.7%
Other Income ⓘ +	11	12	48	12	11	6	6	7	5	9
Exceptional Items ⓘ	-0	0	-28	-0	0	0	0	0	-18	0
Interest ⓘ	13	4	3	1	0	0	0	0	0	0
Depreciation ⓘ	9	0	0	0	0	0	1	1	1	0
Profit Before Tax ⓘ	8	-5	-2	4	13	4	2	3	-11	4
Tax ⓘ	3	-2	-1	1	6	1	0	1	-3	1
Profit After Tax	6	-3	-2	3	7	3	1	2	-8	3
PAT Margin (%)	0.4%	-1.4%	-0.9%	34.0%	42.2%	29.5%	12.5%	28.0%	-9.3%	31.8%
Adjusted EPS (₹)	0.4	-0.3	-0.1	0.2	0.6	0.3	0.1	0.2	-0.8	0.3
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	269	265	248	250	258	212	214	216	208	212
Share Capital ⓘ	26	26	26	26	26	20	20	20	20	20
Reserves ⓘ	242	239	221	224	231	193	194	196	188	192
Debt +	21	325	0	0	0	0	0	0	0	0
Long Term Debt	15	17	0	0	0	0	0	0	0	0
Short Term Debt	6	308	0	0	0	0	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	314	54	12	3	1	1	0	0	0	0
Others Liabilities ⓘ	41	26	26	7	8	8	8	8	-4	-3
Total Liabilities ⓘ	645	670	286	260	267	221	222	225	204	208
Fixed Assets
Net Fixed Assets ⓘ +	174	162	1	1	8	1	0	0	0	0
Gross Block	257	176	1	1	8	1	1	1	1	0
Accumulated Depreciation	83	14	0	0	1	1	1	1	1	0
CWIP ⓘ	0	0	0	1	2	1	0	0	0	0
Investments ⓘ	112	151	117	123	121	106	115	116	106	112
Inventories	96	133	0	0	0	0	0	0	0	0
Trade Receivables	57	30	6	0	7	1	0	0	0	0
Cash Equivalents	81	68	16	0	9	0	0	0	0	0
Others Assets ⓘ	125	125	144	135	120	113	106	108	98	96
Total Assets ⓘ	645	670	286	260	267	221	222	225	204	208

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	424	24	46	-1	10	25	6	-2	-24	1
PBT ⓘ	8	-5	-2	4	13	4	2	3	7	4
Adjustment ⓘ	10	22	-48	-5	-7	-5	-4	-4	-3	-4
Changes in Working Capital ⓘ	408	-0	102	6	5	28	9	0	-9	0
Tax Paid ⓘ	-3	7	-6	-5	-1	-1	-0	-0	-1	0
Cash Flow From Investing Activity ⓘ +	89	-33	274	-2	-2	14	-6	2	24	2
Capex	-2	-2	253	-0	-9	0	0	0	0	0
Net Investments	7	-39	36	-2	7	14	-6	2	12	-3
Others ⓘ	84	7	-15	0	-0	0	0	0	12	5
Cash Flow From Financing Activity ⓘ +	-584	3	-333	0	0	-48	-0	-0	-0	-0
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	-35	0	-17	0	0	0	0	0	0	0
Interest Paid ⓘ	-7	-15	-8	0	0	-0	-0	-0	-0	-0
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-541	18	-308	0	0	-48	0	0	0	0
Net Cash Flow ⓘ	-70	-7	-14	-3	8	-8	0	-0	0	3

Finance Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	1.82	-1.23	-0.67	1.1	2.92	1.26	0.67	0.97	-3.67	1.6
ROCE (%)	3.5	-0.27	0.12	1.93	5.15	1.52	0.78	1.21	-4.99	2.04
Asset Turnover Ratio	1.24	0.35	0.39	0.03	0.07	0.04	0.05	0.03	0.39	0.05
PAT to CFO Conversion(x)	70.67	N/A	N/A	-0.33	1.43	8.33	6	-1	N/A	0.33
Working Capital Days
Receivable Days	57	68	36	143	75	151	20	13	1	4
Inventory Days	73	180	0	0	0	0	0	0	0	0
Payable Days	169	316	67	346	70	38	12	7	1	10

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Gokul Refoils and Solvent Ltd FAQs

The current trading price of Gokul Refoils & Solv on 17-Apr-2026 16:59 is ₹39.82.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 16-Apr-2026 the market cap of Gokul Refoils & Solv stood at ₹394.2 Cr

The latest P/E ratio of Gokul Refoils & Solv as of 16-Apr-2026 is 95.36.

The latest P/B ratio of Gokul Refoils & Solv as of 16-Apr-2026 is 1.85.

The 52-week high of Gokul Refoils & Solv is ₹54.00 and the 52-week low is ₹31.07.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Gokul Refoils & Solv is ₹709 ( Cr.) .

About Gokul Refoils and Solvent Ltd

Gokul Refoils and Solvent was incorporated on December 29, 1992 as Gokul Refoils and Solvent Private Limited under the Companies Act, 1956. Subsequently it was converted into a public limited Company vide special resolution passed at the Extra Ordinary General Meeting of the Company held on May 2, 1994, pursuant to which, it received a fresh certificate of incorporation dated July 1, 1994 by the Registrar of Companies, Gujarat.

Gokul Refoils and Solvent is engaged in the business of trading in oil seeds and edible/nonedible oils and agro commodities and supply of services. The company, through its subsidiaries and associate, manufactures a diverse range of edible oils, including groundnut oil, mustard oil, Kachi Ghani mustard oil, refined cottonseed oil, refined soybean oil, palm oil, and refined sunflower oil. These oils cater to domestic and international markets, meeting varied consumer preferences for cooking and food processing. The company is also a leading producer of castor oil and its derivatives, which are utilized in industries such as soaps, lubricants, hydraulic and brake fluids, paints, dyes, coatings, inks, cold-resistant plastics, waxes, polishes, nylon, pharmaceuticals, and perfumes. The byproduct, castor meal, serves as an organic fertilizer, supporting sustainable agriculture.

Business area of the company

Gokul Refoils and Solvent is engaged in the business of trading in oil seeds and edible/nonedible oils and agro commodities and supply of services.

Products of the company

Edible/non-edible oils
Castor oil and derivatives

History and milestones

1992: Incorporated as a private limited company on December 29, 1992.
1992: Setup a small processing plant at Sidhpur.
1994: Converted into a public limited company w.e.f. from May 2, 1994.
1999: Increased inproduction capacity be setting up 200 TPD seed processing and solvent plant and 200 TPD refinery.
2000: Achieved a turnover of around Rs 100 crore.
2002: Obtained ISO 9001:2000 certification for Sidhpur plant.
2003: The company setups a wholly owned subsidiary in Mauritius.
2003: Setup a refinery of 800 MT and Vanaspati plant of 100 MT at Gandhidham.
2004: Achieved a turnover of around Rs 500 crore.
2004: Inauguration of its Corporate House at Ahmedabad.
2005: Achieved a turnover of around Rs 1000 crore.
2005: Kanubhai Thakkar, Managing Director, receives ‘Oil Man of the year’ award by ‘Globoil India’.
2005: The company received an award from the Malaysian Palm Oil Promotion Council.
2005: Initiated an aggressive brand building exercise, film actress Sridevi endorsed its products, as its Brand Ambassador.
2006: Setup four wind mills of 1.25 MW each and co-generation power plant of 500 KWH in Kutch to strengthen its in-house capabilities and enhance operational efficiency.
2006: Increased focus on export business.
2006: Obtained ISO 9001:2000 certification for its Gandhidham plant.
2006: Modernization and expansion plan of its Sidhpur plant by increasing production capacity.
2007: Achieved a turnover of around Rs 1500 crore.
2007: Purchased an operational 100 TPD refinery in Surat.
2007: The company setups a wholly owned subsidiary in Singapore.
2007: Expansion of Surat plant from 100 TPD to 400 TPD.
2007: Initiated the setup of its 1500 TPD Soyabean processing plant near Gandhidham.
2007: Entered into a MoU with GMDC for a 110/125 MW Captive Power Plant.

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
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Gokul Refoils and Solvent Ltd (GOKUL) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Gokul Refoils & Solv Share Price