Gokul Agro Resources Ltd
About
Gokul Agro Resources Limited, or GARL, manufactures and processes various edible oils and related products in India. One of its three major business verticals, edible oils, includes consumer and industrial products, as well as specialty fats and oils. Another vertical, non-edible oils, is focused on castor oil and its derivatives. The third business vertical, seed meal, offers castor seed meal, soybean meal, and rapeseed meal. The byproducts of the extraction of oil from these seeds produce a source of protein and fibre for the soil and cattle alike. They may be used as fertilisers or as a source of protein in animal feed. GARL’s products are found in 14 states and union territories in India, such as Rajasthan, Assam, Punjab, Madhya Pradesh, and Maharashtra. Through overseas subsidiaries in Singapore and Indonesia, the company is able to export its products to 35 countries, like Argentina, Kenya, and Germany, as well.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 14130 33.4% | 10589 -0.3% | 10618 28.0% | 8293 50.4% | 5512 19.0% | 4632 -8.5% | 5063 16.3% | 4353 18.9% | 3661 373.6% | 773 - |
| Net Operating Income (INR Cr) | 13854 29.00% | 10740 3.43% | 10384 24.00% | 8374 49.88% | 5587 22.91% | 4546 -10.17% | 5061 17.59% | 4304 18.50% | 3632 0.00% | 687 0.00% |
| Profit (INR Cr) | 136 2.5% | 132 7.7% | 123 175.0% | 45 132.9% | 19 76.4% | 11 -29.6% | 15 -22.7% | 20 112.7% | 9 166.6% | 4 - |
| Assets (INR Cr) | 1393 22.5% | 1137 46.3% | 777 41.8% | 548 -4.5% | 574 4.9% | 547 -3.6% | 567 13.7% | 499 21.1% | 412 1.2% | 407 - |
| Net Worth (INR Cr) | 786 20.9% | 651 38.4% | 470 56.6% | 300 17.5% | 256 8.9% | 235 6.0% | 221 7.3% | 206 10.8% | 186 0.0% | 157 0.0% |
| Employee Cost (INR Cr) | 48 24.5% | 38 16.0% | 33 15.3% | 29 17.0% | 25 2.2% | 24 9.7% | 22 27.7% | 17 1.2% | 17 408.4% | 3 - |
| Interest Cost (INR Cr) | 118 | 78 | 56 | 62 | 84 | 84 | 70 | 53 | 40 | 16 |
| Cash & Bank Balance (INR Cr) | 437 | 332 | 330 | 234 | 220 | 122 | 124 | 238 | 248 | 79 |
| Total Debt (INR Cr) | 604 | 484 | 305 | 201 | 272 | 311 | 345 | 292 | 225 | 250 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.0% | 1.3% | 1.2% | 0.5% | 0.4% | 0.2% | 0.3% | 0.5% | 0.3% | 0.5% |
| Profit As % Of Assets | 9.8% | 11.7% | 15.8% | 8.2% | 3.3% | 2.0% | 2.7% | 4.0% | 2.3% | 0.9% |
| Profit As % Of Networth | 17.3% | 20.4% | 26.1% | 14.9% | 7.5% | 4.6% | 7.0% | 9.7% | 5.1% | 2.2% |
| Interest Cost to EBITDA % | 39.9% | 29.3% | 25.0% | 43.8% | 70.0% | 71.2% | 65.2% | 63.5% | 75.5% | - |
| Debt to Equity Ratio | 0.77 | 0.74 | 0.65 | 0.67 | 1.06 | 1.33 | 1.56 | 1.42 | 1.21 | 1.59 |
| RONW | 18.9% | 23.6% | 31.9% | 16.1% | 7.8% | 4.8% | 7.2% | 10.2% | 5.1% | 1.8% |
| ROCE | 23.3% | 26.4% | 32.0% | 22.8% | 19.7% | 17.6% | 16.9% | 18.5% | 13.2% | 5.3% |