Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 23 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Gokul Agro Resources Ltd

About the Company - Gokul Agro Resources Ltd

Gokul Agro Resources Ltd. is a Public Limited Listed company incorporated on 03/07/2014 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L15142GJ2014PLC080010 and registration number is 080010. Currently Company is involved in the business activities of Manufacture of vegetable oils and fats excluding corn oil. Company’s Total Operating Revenue is Rs. 10217.42 Cr. and Equity Capital is Rs. 28.61 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Edible Oils & Solvent ExtractionCrown-3, Inspire Business Park, Shantigram, Nr. Vaishnodevi Circle, Ahmedabad Gujarat 382421compliances@gokulagro.com
http://www.gokulagro.com
Management
NamePosition Held
Mr. Kanubhai ThakkarChairman & Managing Director
Mr. Jayesh ThakkarManaging Director
Mr. Dipakkumar ThakkarExecutive Director
Ms. Pooja KhakhiIndependent Director
Mr. Keyoor BakshiIndependent Director
Mr. Pankaj KotakIndependent Director
Mr. Sujit GulatiIndependent Director

Basic Stock Data of Gokul Agro Resources Ltd

Last Updated: June 17, 2024, 8:32 pm

Market Cap 2,333 Cr.
Current Price 158
High / Low171/95.0
Stock P/E17.2
Book Value 53.3
Dividend Yield0.00 %
ROCE23.4 %
ROE18.9 %
Face Value 2.00
PEG Ratio0.38

Gokul Agro Resources Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales2,2732,6872,3212,6942,6162,7612,8642,7762,7432,6392,4694,1193,346
Expenses2,2362,6422,2832,6462,5632,6752,8052,7102,6652,5612,4104,0383,267
Operating Profit37453848548660667878598178
OPM %2%2%2%2%2%3%2%2%3%3%2%2%2%
Other Income3644363347778
Interest14151514141318232628273736
Depreciation8888777777788
Profit before tax18281930367137394850314343
Tax %31%33%26%26%20%19%24%24%24%25%24%22%21%
Net Profit12191422295828293738243434
EPS in Rs0.901.401.041.601.973.921.922.002.502.561.632.292.28

Last Updated: June 10, 2024, 1:02 pm

Gokul Agro Resources Ltd Quarterly Chart

Gokul Agro Resources Ltd Profit & Loss

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales3,6314,2885,0604,5455,5868,37110,38410,74011,971
Expenses3,5784,2044,9534,4275,4668,23010,15910,45811,675
Operating Profit5384107118120141225282296
OPM %1%2%2%3%2%2%2%3%2%
Other Income172111101317171725
Interest4053708484625695118
Depreciation152128302330292929
Profit before tax153120142666156175173
Tax %36%35%23%23%27%32%21%24%
Net Profit92015111945123132132
EPS in Rs0.691.471.140.801.413.298.338.978.98
Dividend Payout %0%0%0%0%0%0%0%0%

Gokul Agro Resources Ltd Profit & Loss Yearly Chart

Gokul Agro Resources Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:25%
3 Years:18%
TTM:29%
Compounded Profit Growth
10 Years:%
5 Years:66%
3 Years:46%
TTM:3%
Stock Price CAGR
10 Years:%
5 Years:57%
3 Years:58%
1 Year:45%
Return on Equity
10 Years:%
5 Years:21%
3 Years:23%
Last Year:19%

Last Updated: June 17, 2024, 3:02 pm

Gokul Agro Resources Ltd Balance Sheet

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital262626262626293030
Reserves160180195208229274442621680
Preference Capital0000454500
Borrowings225292345311272201305484458
Other Liabilities8567907397539321,0529429861,989
Total Liabilities1,2681,2891,3051,2991,4591,5541,7172,1213,156
Fixed Assets135178222216240233264355366
CWIP331510113417106309
Investments25011121314134
Other Assets1,0741,0961,0621,0601,2031,3021,4351,6562,477
Total Assets1,2681,2891,3051,2991,4591,5541,7172,1213,156

Gokul Agro Resources Ltd Reserves and Borrowings Chart

Gokul Agro Resources Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 133-7-521021321356020
Cash from Investing Activity -1411-68-15-32-8-46-199
Cash from Financing Activity -49333-98-83-12760143
Net Cash Flow6936-118-1216074-37

Gokul Agro Resources Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days30332727252471410
Inventory Days393232413217272336
Days Payable886854635844333446
Cash Conversion Cycle-20-455-1-3240
Working Capital Days-34131353585
ROCE %18%17%18%20%23%32%28%

Gokul Agro Resources Ltd Financial Efficiency Indicators Chart

Gokul Agro Resources Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters69.82%69.82%69.82%72.17%72.17%72.17%72.17%71.97%72.56%72.56%72.56%73.62%
FIIs0.00%0.07%0.31%0.25%0.22%0.24%0.21%0.05%0.05%0.06%0.05%0.76%
DIIs0.74%0.28%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public29.44%29.83%29.87%27.58%27.61%27.58%27.62%27.98%27.39%27.38%27.38%25.62%
No. of Shareholders19,20120,58622,16524,10529,37131,44743,30243,46045,73045,60143,87043,225

Gokul Agro Resources Ltd Shareholding Pattern Chart

No. of Gokul Agro Resources Ltd Shareholders

This stock is not held by any mutual fund

Gokul Agro Resources Ltd ROCE Trend

Gokul Agro Resources Ltd EPS Trend

Gokul Agro Resources Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)9.209.189.023.391.46
Diluted EPS (Rs.)9.209.189.023.391.46
Cash EPS (Rs.)11.3610.9310.645.643.17
Book Value[Excl.RevalReserv]/Share (Rs.)53.2944.1032.8722.7719.38
Book Value[Incl.RevalReserv]/Share (Rs.)53.2944.1032.8722.7719.38
Revenue From Operations / Share (Rs.)938.97727.91726.26635.85423.61
PBDIT / Share (Rs.)22.1620.2216.8811.9310.07
PBIT / Share (Rs.)19.9918.2614.839.688.36
PBT / Share (Rs.)12.0211.8410.905.012.00
Net Profit / Share (Rs.)9.208.978.593.391.46
NP After MI And SOA / Share (Rs.)9.208.978.593.391.46
PBDIT Margin (%)2.352.772.321.872.37
PBIT Margin (%)2.122.502.041.521.97
PBT Margin (%)1.281.621.500.780.47
Net Profit Margin (%)0.971.231.180.530.34
NP After MI And SOA Margin (%)0.971.231.180.530.34
Return on Networth / Equity (%)17.2620.3526.1314.877.50
Return on Capital Employeed (%)26.4028.1836.5932.6331.12
Return On Assets (%)4.236.247.152.871.31
Long Term Debt / Equity (X)0.370.420.170.070.13
Total Debt / Equity (X)0.740.710.610.550.94
Asset Turnover Ratio (%)5.205.606.875.703.62
Current Ratio (X)1.161.311.221.121.09
Quick Ratio (X)0.540.750.570.800.66
Inventory Turnover Ratio (X)11.8612.7719.7515.558.20
Interest Coverage Ratio (X)2.783.154.302.551.58
Interest Coverage Ratio (Post Tax) (X)2.152.403.191.731.23
Enterprise Value (Cr.)1758.671650.931011.59243.75173.32
EV / Net Operating Revenue (X)0.120.150.090.020.03
EV / EBITDA (X)5.385.534.191.551.30
MarketCap / Net Operating Revenue (X)0.110.140.100.030.01
Price / BV (X)2.052.332.240.880.42
Price / Net Operating Revenue (X)0.110.140.100.030.01
EarningsYield0.080.080.110.160.17

Gokul Agro Resources Ltd Profitability Ratios (%)

Gokul Agro Resources Ltd Liquidity Ratios

Gokul Agro Resources Ltd Liquidity Ratios (%)

Gokul Agro Resources Ltd Interest Coverage Ratios (%)

Gokul Agro Resources Ltd Valuation Ratios

Fair Value

Fair Value: 176.73

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 11.86% compared to the current price 158

Intrinsic Value: 255.93

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 61.98% compared to the current price ₹158

Last 5 Year EPS CAGR: 44.81%

*Investments are subject to market risks

Strength and Weakness of Gokul Agro Resources Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 17.33%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 5.89, which is a positive sign.
  3. The stock has a low average Cash Conversion Cycle of -1.33, which is a positive sign.
  4. The company has higher reserves (332.11 cr) compared to borrowings (10.00 cr), indicating strong financial stability.
  5. The company has shown consistent growth in sales (6.67 cr) and profit (75.11 cr) over the years.

    FAQ

    What is the latest fair value of Gokul Agro Resources Ltd?

    The latest fair value of Gokul Agro Resources Ltd is ₹176.73.

    What is the Market Cap of Gokul Agro Resources Ltd?

    The Market Cap of Gokul Agro Resources Ltd is 2,333 Cr..

    What is the current Stock Price of Gokul Agro Resources Ltd as on 23 June 2024?

    The current stock price of Gokul Agro Resources Ltd as on 23 June 2024 is ₹158.

    What is the High / Low of Gokul Agro Resources Ltd stocks in FY 2024?

    In FY 2024, the High / Low of Gokul Agro Resources Ltd stocks is 171/95.0.

    What is the Stock P/E of Gokul Agro Resources Ltd?

    The Stock P/E of Gokul Agro Resources Ltd is 17.2.

    What is the Book Value of Gokul Agro Resources Ltd?

    The Book Value of Gokul Agro Resources Ltd is 53.3.

    What is the Dividend Yield of Gokul Agro Resources Ltd?

    The Dividend Yield of Gokul Agro Resources Ltd is 0.00 %.

    What is the ROCE of Gokul Agro Resources Ltd?

    The ROCE of Gokul Agro Resources Ltd is 23.4 %.

    What is the ROE of Gokul Agro Resources Ltd?

    The ROE of Gokul Agro Resources Ltd is 18.9 %.

    What is the Face Value of Gokul Agro Resources Ltd?

    The Face Value of Gokul Agro Resources Ltd is 2.00.

    About the Author

    Author Avatar
    Getaka

    Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

    Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Gokul Agro Resources Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE