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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Gokul Refoils and Solvent Ltd

About the Company - Gokul Refoils and Solvent Ltd

Gokul Refoils & Solvent Ltd. is a Public Limited Listed company incorporated on 29/12/1992 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L15142GJ1992PLC018745 and registration number is 018745. 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. 11.42 Cr. and Equity Capital is Rs. 19.80 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Edible Oils & Solvent ExtractionState Highway No. 41, Near Sujanpur Patia, Sidhpur Gujarat 384151mail@gokulgroup.com
http://www.gokulgroup.com
Management
NamePosition Held
Mr. Balvantsinh C RajputChairman & Director
Mr. Dharmendrasinh RajputManaging Director
Mr. Shaunak MandaliaDirector
Mr. Parth Pareshbhai ShahIndependent Director
Mr. Jayendrasinh GhariaIndependent Director
Prof. (Dr) Dipooba DevadaIndependent Director

Basic Stock Data of Gokul Refoils and Solvent Ltd

Last Updated: May 30, 2024, 6:09 am

Market Cap 459 Cr.
Current Price 46.6
High / Low64.9/28.2
Stock P/E19.4
Book Value 32.9
Dividend Yield0.00 %
ROCE8.17 %
ROE7.57 %
Face Value 2.00
PEG Ratio-1.50

Gokul Refoils and Solvent Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales619.29652.68727.82691.79777.37856.05948.30779.41545.61863.25588.02927.43807.57
Expenses610.05639.39721.86678.50766.76846.44934.14765.35535.55845.72576.76909.51794.75
Operating Profit9.2413.295.9613.2910.619.6114.1614.0610.0617.5311.2617.9212.82
OPM %1.49%2.04%0.82%1.92%1.36%1.12%1.49%1.80%1.84%2.03%1.91%1.93%1.59%
Other Income3.462.048.391.932.928.245.092.472.740.032.99-15.542.64
Interest5.494.905.074.373.624.917.186.286.067.558.446.119.56
Depreciation1.291.351.411.561.661.621.631.782.032.262.422.592.61
Profit before tax5.929.087.879.298.2511.3210.448.474.717.753.39-6.323.29
Tax %24.49%23.90%25.67%21.96%26.67%34.98%33.33%7.91%27.81%21.29%25.37%25.79%38.60%
Net Profit4.466.905.857.266.057.366.977.803.406.112.53-4.702.02
EPS in Rs0.450.700.590.730.610.740.700.790.340.620.26-0.470.20

Last Updated: May 7, 2024, 11:36 pm

Gokul Refoils and Solvent Ltd Quarterly Chart

Gokul Refoils and Solvent Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales6,3285,7116,3495,8653,4131,8541,9872,1972,1592,4643,0533,1372,924
Expenses6,3565,6366,2945,7633,3601,8211,9702,1632,1212,4243,0133,0812,868
Operating Profit-287555102533317333840405657
OPM %-0%1%1%2%2%2%1%2%2%2%1%2%2%
Other Income7216283502011332323122110-10
Interest15219490108423233322920182728
Depreciation333737331445565689
Profit before tax-1416101217812192727373110
Tax %24%-58%65%24%34%68%27%35%26%24%28%23%
Net Profit-1081049112912202027247
EPS in Rs-8.200.750.270.700.850.180.690.921.502.072.682.440.75
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%0%

Gokul Refoils and Solvent Ltd Profit & Loss Yearly Chart

Gokul Refoils and Solvent Ltd Growth

Compounded Sales Growth
10 Years:-6%
5 Years:10%
3 Years:13%
TTM:2%
Compounded Profit Growth
10 Years:9%
5 Years:-1%
3 Years:7%
TTM:-7%
Stock Price CAGR
10 Years:12%
5 Years:30%
3 Years:22%
1 Year:55%
Return on Equity
10 Years:5%
5 Years:7%
3 Years:8%
Last Year:8%

Last Updated: May 23, 2024, 3:41 pm

Gokul Refoils and Solvent Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital26262626262626262620202020
Reserves323335341352251254247259279258284308306
Borrowings1,7481,153651597130695309263232283368425352
Other Liabilities1,4311,0481,1351,0536528957586014416991168
Total Liabilities3,5292,5622,1542,0291,0591,065639607597704841844846
Fixed Assets3363383313462532316968738084109111
CWIP281378135322221
Investments21218512337306836423924337484
Other Assets2,9532,0261,6941,637775762530494483598721659650
Total Assets3,5292,5622,1542,0291,0591,065639607597704841844846

Gokul Refoils and Solvent Ltd Reserves and Borrowings Chart

Gokul Refoils and Solvent Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -912908312-2603904111172656-7292
Cash from Investing Activity -20012017218753-28280-089-7-22
Cash from Financing Activity 1,117-676-583-89-504-28-417-78-62-166627
Net Cash Flow5352-99-162-62-15-27-611-0-1397

Gokul Refoils and Solvent Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days242230352435161715162016
Inventory Days403425383163392529454331
Days Payable83696768691075414198
Cash Conversion Cycle-19-12-125-1488483840464439
Working Capital Days-64323-4102685857545448
ROCE %1%11%7%12%8%6%9%8%10%9%9%8%

Gokul Refoils and Solvent Ltd Financial Efficiency Indicators Chart

Gokul Refoils and Solvent Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters72.09%72.09%72.09%72.09%72.09%72.09%72.09%72.09%71.79%71.79%71.79%73.01%
FIIs0.00%0.00%0.00%0.00%0.24%0.17%0.09%0.14%0.20%0.09%0.09%0.23%
DIIs1.01%1.01%1.01%1.01%1.01%1.01%0.00%0.00%0.00%0.00%0.00%0.00%
Public26.90%26.90%26.90%26.90%26.66%26.73%27.81%27.78%28.00%28.11%28.11%26.76%
No. of Shareholders6,73511,99012,64518,04820,94726,82533,11232,49527,54326,50226,00326,100

Gokul Refoils and Solvent Ltd Shareholding Pattern Chart

No. of Gokul Refoils and Solvent Ltd Shareholders

This stock is not held by any mutual fund

Gokul Refoils and Solvent Ltd ROCE Trend

Gokul Refoils and Solvent Ltd EPS Trend

Gokul Refoils and Solvent Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)2.442.682.071.500.90
Diluted EPS (Rs.)2.442.682.071.500.90
Cash EPS (Rs.)3.223.312.611.921.30
Book Value[Excl.RevalReserv]/Share (Rs.)33.1530.7028.0123.1221.64
Book Value[Incl.RevalReserv]/Share (Rs.)33.1530.7028.0123.1221.64
Revenue From Operations / Share (Rs.)316.84308.40248.97163.86166.62
PBDIT / Share (Rs.)6.726.165.284.604.25
PBIT / Share (Rs.)5.945.534.744.183.87
PBT / Share (Rs.)3.173.712.722.011.43
Net Profit / Share (Rs.)2.442.682.071.500.92
NP After MI And SOA / Share (Rs.)2.442.682.071.500.92
PBDIT Margin (%)2.121.992.122.802.55
PBIT Margin (%)1.871.791.902.552.32
PBT Margin (%)1.001.201.091.220.85
Net Profit Margin (%)0.760.860.820.910.55
NP After MI And SOA Margin (%)0.760.860.820.910.55
Return on Networth / Equity (%)7.358.727.376.484.25
Return on Capital Employeed (%)16.5717.8016.6917.7817.84
Return On Assets (%)2.863.152.903.312.00
Long Term Debt / Equity (X)0.050.000.000.000.00
Total Debt / Equity (X)1.291.211.020.750.92
Asset Turnover Ratio (%)5.870.020.020.040.01
Current Ratio (X)1.341.321.401.731.57
Quick Ratio (X)0.830.680.731.161.13
Interest Coverage Ratio (X)2.423.392.612.121.74
Interest Coverage Ratio (Post Tax) (X)1.882.482.021.691.38
Enterprise Value (Cr.)568.31624.75396.67277.40317.33
EV / Net Operating Revenue (X)0.180.200.160.120.14
EV / EBITDA (X)8.5410.257.584.575.66
MarketCap / Net Operating Revenue (X)0.080.100.070.050.05
Price / BV (X)0.791.040.640.370.39
Price / Net Operating Revenue (X)0.080.100.070.050.05
EarningsYield0.090.080.110.170.10

Gokul Refoils and Solvent Ltd Profitability Ratios (%)

Gokul Refoils and Solvent Ltd Liquidity Ratios

Gokul Refoils and Solvent Ltd Liquidity Ratios (%)

Gokul Refoils and Solvent Ltd Interest Coverage Ratios (%)

Gokul Refoils and Solvent Ltd Valuation Ratios

Fair Value

Fair Value: ₹49.28

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: 5.76% compared to the current price ₹46.6

Intrinsic Value: ₹42.90

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.

Overvalued: 7.93% compared to the current price ₹46.6

Last 5 Year EPS CAGR: -12.94%

*Investments are subject to market risks

Strength and Weakness of Gokul Refoils and Solvent Ltd Stock

StrengthWeakness
  1. The company has shown consistent growth in sales (3.15 cr) and profit (5.77 cr) over the years.
  1. The stock has a low average ROCE of 8.17%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 38.42, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 24.25, which may not be favorable.
  4. The company has higher borrowings (554.31) compared to reserves (292.08), which may suggest financial risk.

FAQ

What is the latest fair value of Gokul Refoils and Solvent Ltd?

The latest fair value of Gokul Refoils and Solvent Ltd is ₹49.28.

What is the Market Cap of Gokul Refoils and Solvent Ltd?

The Market Cap of Gokul Refoils and Solvent Ltd is 459 Cr..

What is the current Stock Price of Gokul Refoils and Solvent Ltd as on 30 May 2024?

The current stock price of Gokul Refoils and Solvent Ltd as on 30 May 2024 is ₹46.6.

What is the High / Low of Gokul Refoils and Solvent Ltd stocks in FY 2024?

In FY 2024, the High / Low of Gokul Refoils and Solvent Ltd stocks is 64.9/28.2.

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

The Stock P/E of Gokul Refoils and Solvent Ltd is 19.4.

What is the Book Value of Gokul Refoils and Solvent Ltd?

The Book Value of Gokul Refoils and Solvent Ltd is 32.9.

What is the Dividend Yield of Gokul Refoils and Solvent Ltd?

The Dividend Yield of Gokul Refoils and Solvent Ltd is 0.00 %.

What is the ROCE of Gokul Refoils and Solvent Ltd?

The ROCE of Gokul Refoils and Solvent Ltd is 8.17 %.

What is the ROE of Gokul Refoils and Solvent Ltd?

The ROE of Gokul Refoils and Solvent Ltd is 7.57 %.

What is the Face Value of Gokul Refoils and Solvent Ltd?

The Face Value of Gokul Refoils and Solvent 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 Refoils and Solvent 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