Gokul Agro Resources Ltd, established in 2014, is a prominent player in the Fast-Moving Consumer Goods (FMCG) industry, specializing in the manufacture and export of edible and non-edible oils, along with allied products. Headquartered in Ahmedabad, Gujarat, India, the company operates under the leadership of Chairman and Managing Director Vipul Patel, and Chief Financial Officer Amit Patel. As part of the Gokul Agro Group, the company has built a reputation for delivering high-quality products while adhering to its core values of innovation, customer satisfaction, and sustainability. Gokul Agro Resources boasts a diverse portfolio of products that includes soybean oil, mustard oil, sunflower oil, cottonseed oil, groundnut oil, rice bran oil, palmolein oil, and premium vanaspati. In addition to its edible oils, the company also excels in non-edible oils, castor oil derivatives, seed crushing, and oleochemicals, catering to a broad spectrum of market needs.
The company has a strong international footprint, with offices in strategic locations like Singapore and Indonesia, serving a global clientele across more than 75 countries. This global presence underscores Gokul Agro Resources’ commitment to innovation and excellence, backed by significant investment in research and development. The company prioritizes sustainability, implementing environmentally responsible practices to reduce its ecological impact while maintaining a competitive edge. Its unwavering focus on customer satisfaction and quality assurance has positioned Gokul Agro Resources as a trusted name in the industry, driving growth and fostering long-term relationships with its customers and stakeholders worldwide.
Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
Promoters + | 72.56% | 72.56% | 73.62% | 73.67% | 73.67% |
FIIs + | 0.06% | 0.05% | 0.76% | 0.82% | 1.11% |
DIIs + | 0.00% | 0.00% | 0.00% | 0.00% | 0.05% |
Public + | 27.38% | 27.38% | 25.62% | 25.51% | 25.16% |
No. of Shareholders | 45,601 | 43,870 | 43,225 | 42,479 | 51,645 |
The shareholding pattern of Gokul Agro Resources Ltd experienced notable changes from September 2023 to September 2024, highlighting shifts in investor dynamics. The promoters maintained a dominant position, increasing their stake from 72.56% in September 2023 to 73.67% by September 2024, showcasing their sustained confidence in the company. Foreign Institutional Investors (FIIs) demonstrated significant growth in their holdings, rising from a minimal 0.06% to 1.11% over the same period, while Domestic Institutional Investors (DIIs) entered the structure with a modest 0.05% stake by September 2024. Conversely, public shareholding declined from 27.38% to 25.16%, reflecting a shift toward institutional and promoter control. Additionally, the number of shareholders rose substantially, from 45,601 to 51,645, indicating growing interest in Gokul Agro Resources among investors.
Below are the trading platforms that you can use to purchase Gokul Agro Resources shares:
- Zerodha
- Upstox
- Groww
- AngelOne
- ICICIDirect
When | Maximum Price | Minimum Price |
January 2025 | 395.05 | 303.89 |
February 2025 | 399.04 | 306.96 |
March 2025 | 407.42 | 313.40 |
April 2025 | 403.39 | 310.30 |
May 2025 | 391.64 | 301.26 |
June 2025 | 409.27 | 314.82 |
July 2025 | 401.24 | 308.65 |
August 2025 | 413.65 | 318.19 |
September 2025 | 418.61 | 322.01 |
October 2025 | 429.50 | 330.38 |
November 2025 | 440.23 | 338.64 |
December 2025 | 460.05 | 353.88 |
As we move through 2025, the projected maximum and minimum prices for Gokul Agro Resources reflect steady growth and fluctuations. In January, the maximum price is expected to reach ₹395.05, while the minimum may touch ₹303.89. By December, these values are anticipated to rise, with the maximum price reaching ₹460.05 and the minimum climbing to ₹353.88. This upward trend highlights the potential for strong performance throughout the year.
When | Maximum Price | Minimum Price |
January 2026 | 473.85 | 364.50 |
February 2026 | 462.00 | 355.39 |
March 2026 | 471.24 | 362.49 |
April 2026 | 480.86 | 369.89 |
May 2026 | 476.10 | 366.23 |
June 2026 | 488.00 | 375.38 |
July 2026 | 478.43 | 368.02 |
August 2026 | 493.23 | 379.41 |
September 2026 | 503.09 | 386.99 |
October 2026 | 516.17 | 397.06 |
November 2026 | 529.08 | 406.98 |
December 2026 | 542.30 | 417.16 |
As we move through 2026, the projected prices for Gokul Agro Resources indicate a positive trajectory. In January, the maximum price is expected to reach ₹473.85, while the minimum may settle at ₹364.50. By December, the maximum price is anticipated to rise significantly to ₹542.30, with the minimum increasing to ₹417.16.
When | Maximum Price | Minimum Price |
January 2027 | 547.73 | 421.33 |
February 2027 | 561.77 | 432.13 |
March 2027 | 583.68 | 448.98 |
April 2027 | 572.24 | 440.18 |
May 2027 | 555.57 | 427.36 |
June 2027 | 580.57 | 446.59 |
July 2027 | 569.19 | 437.83 |
August 2027 | 586.79 | 451.38 |
September 2027 | 607.33 | 467.17 |
October 2027 | 623.12 | 479.32 |
November 2027 | 638.69 | 491.30 |
December 2027 | 654.66 | 503.59 |
When | Maximum Price | Minimum Price |
January 2028 | 667.76 | 513.66 |
February 2028 | 684.88 | 526.83 |
March 2028 | 711.59 | 547.38 |
April 2028 | 697.64 | 536.64 |
May 2028 | 677.32 | 521.01 |
June 2028 | 707.79 | 544.46 |
July 2028 | 693.92 | 533.78 |
August 2028 | 715.38 | 550.29 |
September 2028 | 740.42 | 569.55 |
October 2028 | 759.67 | 584.36 |
November 2028 | 778.66 | 598.97 |
December 2028 | 798.12 | 613.94 |
When | Maximum Price | Minimum Price |
January 2029 | 814.09 | 626.22 |
February 2029 | 834.96 | 642.28 |
March 2029 | 867.52 | 667.33 |
April 2029 | 850.51 | 654.24 |
May 2029 | 825.74 | 635.19 |
June 2029 | 862.90 | 663.77 |
July 2029 | 845.98 | 650.75 |
August 2029 | 872.15 | 670.88 |
September 2029 | 902.67 | 694.36 |
October 2029 | 926.14 | 712.42 |
November 2029 | 949.29 | 730.23 |
December 2029 | 973.03 | 748.48 |
When | Maximum Price | Minimum Price |
January 2030 | 992.49 | 763.45 |
February 2030 | 1,017.93 | 783.03 |
March 2030 | 1,057.63 | 813.56 |
April 2030 | 1,036.90 | 797.61 |
May 2030 | 1,006.70 | 774.38 |
June 2030 | 1,052.00 | 809.23 |
July 2030 | 1,031.37 | 793.36 |
August 2030 | 1,063.27 | 817.90 |
September 2030 | 1,100.48 | 846.52 |
October 2030 | 1,129.09 | 868.53 |
November 2030 | 1,157.32 | 890.25 |
December 2030 | 1,186.25 | 912.50 |
As we step into 2030, Gokul Agro Resources is projected to show significant price movements throughout the year. In January, the maximum price is expected to reach ₹992.49, while the minimum may settle at ₹763.45. By December, the maximum price is anticipated to climb to ₹1,186.25, with the minimum price increasing to ₹912.50. This upward trend reflects the company’s potential for sustained growth over the year.
Financial Condition of Gokul Agro Resources
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Sales + | 5,586 | 8,371 | 10,384 | 10,740 | 13,854 | 16,380 |
Expenses + | 5,466 | 8,230 | 10,159 | 10,475 | 13,559 | 15,947 |
Operating Profit | 120 | 141 | 225 | 264 | 295 | 433 |
OPM % | 2% | 2% | 2% | 2% | 2% | 3% |
Other Income + | 13 | 17 | 17 | 17 | 32 | 33 |
Interest | 84 | 62 | 56 | 78 | 118 | 155 |
Depreciation | 23 | 30 | 29 | 29 | 32 | 44 |
Profit before tax | 26 | 66 | 156 | 175 | 177 | 267 |
Tax % | 27% | 32% | 21% | 24% | 23% | |
Net Profit + | 19 | 45 | 123 | 132 | 136 | 202 |
EPS in Rs | 1.41 | 3.29 | 8.33 | 8.97 | 9.2 | 13.7 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Gokul Agro Resources has exhibited a strong financial trajectory, reflecting its steady expansion and operational efficiency. From March 2020 to the trailing twelve months (TTM) of 2024, the company’s sales revenue grew significantly, rising from ₹5,586 crore to ₹16,380 crore. This growth highlights Gokul Agro Resources’ increasing market footprint and strong demand for its products. Similarly, operating profits have shown substantial improvement, climbing from ₹120 crore in March 2020 to ₹433 crore in TTM 2024, while maintaining a stable operating profit margin (OPM) of 2%-3%. This demonstrates the company’s ability to scale operations effectively without compromising profitability.
In terms of profitability, Gokul Agro Resources has witnessed a remarkable rise in net profits, which increased from ₹19 crore in March 2020 to ₹202 crore in TTM 2024. This growth is supported by a steady increase in other income, which rose from ₹13 crore to ₹33 crore during the same period, and effective management of interest and depreciation costs. Earnings per share (EPS) also saw consistent improvement, climbing from ₹1.41 in March 2020 to ₹13.7 in TTM 2024, underscoring the company’s focus on delivering shareholder value.
Despite its strong financial performance, Gokul Agro Resources has opted for a conservative dividend policy, maintaining a 0% payout throughout the period. This strategy suggests a focus on reinvesting profits to drive further growth and strengthen its market position. Overall, the company’s financial results demonstrate a solid foundation for sustained growth, backed by strategic planning and operational excellence.
FAQS
As of December 23rd, 2024, the share price of Gokul Agro Resources is around INR ₹340.
As per our analysis, Gokul Agro Resources in 2025 is expected to trade between ₹301.26 to ₹460.05.
As per our analysis, Gokul Agro Resources share price target for 2030 would be somewhere between ₹763.45 and ₹1,186.25.
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Conclusion
What did we learn?