NSEI:GOKUL

Stock Analysis Report

Executive Summary

Gokul Refoils & Solvent Ltd provides various agro based commodities in India and internationally.

Snowflake

Fundamentals

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Gokul Refoils & Solvent's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-4.6%

GOKUL

4.7%

IN Food

3.2%

IN Market


1 Year Return

37.6%

GOKUL

17.7%

IN Food

5.6%

IN Market

Return vs Industry: GOKUL exceeded the Indian Food industry which returned 17.7% over the past year.

Return vs Market: GOKUL exceeded the Indian Market which returned 5.6% over the past year.


Shareholder returns

GOKULIndustryMarket
7 Day-4.6%4.7%3.2%
30 Day-20.7%11.7%6.0%
90 Day-2.7%16.4%2.0%
1 Year37.6%37.6%19.3%17.7%7.8%5.6%
3 Year-22.2%-22.2%69.4%64.4%22.6%16.3%
5 Year-32.3%-32.3%141.2%129.3%43.1%29.6%

Price Volatility Vs. Market

How volatile is Gokul Refoils & Solvent's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gokul Refoils & Solvent undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: GOKUL (₹12.45) is trading below our estimate of fair value (₹68.12)

Significantly Undervalued: GOKUL is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: GOKUL is poor value based on its PE Ratio (15.6x) compared to the Food industry average (14.5x).

PE vs Market: GOKUL is poor value based on its PE Ratio (15.6x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate GOKUL's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: GOKUL is good value based on its PB Ratio (0.5x) compared to the IN Food industry average (0.9x).


Next Steps

Future Growth

How is Gokul Refoils & Solvent forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GOKUL's forecast earnings growth (24% per year) is above the savings rate (7.6%).

Earnings vs Market: GOKUL's earnings (24% per year) are forecast to grow faster than the Indian market (18.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if GOKUL's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if GOKUL's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if GOKUL's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Gokul Refoils & Solvent performed over the past 5 years?

-8.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: GOKUL's earnings have declined by -8.4% per year over the past 5 years.

Accelerating Growth: GOKUL has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: GOKUL has become profitable in the last year, making it difficult to compare its past year earnings growth to the Food industry (15.6%).


Return on Equity

High ROE: GOKUL's Return on Equity (3.5%) is considered low.


Return on Assets

ROA vs Industry: GOKUL has a higher Return on Assets than the Food industry average last year.


Return on Capital Employed

ROCE Improving: GOKUL's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Gokul Refoils & Solvent's financial position?


Financial Position Analysis

Short Term Liabilities: GOKUL's short term assets (₹5.0B) exceeds its short term liabilities (₹3.2B)

Long Term Liabilities: GOKUL's short term assets (5.0B) exceeds its long term liabilities (7.6M)


Debt to Equity History and Analysis

Debt Level: GOKUL's debt to equity ratio (92.1%) is considered high

Reducing Debt: GOKUL's debt to equity ratio has reduced from 172.2% to 92.1% over the past 5 years.

Debt Coverage: GOKUL's debt is well covered by operating cash flow (27.5%).

Interest Coverage: GOKUL's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet

Inventory Level: GOKUL has a high level of physical assets or inventory.

Debt Coverage by Assets: GOKUL's debt is covered by short term assets (assets are 1.916970x debt).


Next Steps

Dividend

What is Gokul Refoils & Solvent's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage0.8%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate GOKUL's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate GOKUL's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if GOKUL's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if GOKUL's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: GOKUL is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of GOKUL's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Gokul Refoils & Solvent's salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Praveen Khandelwal (40yo)

0yrs

Tenure

₹6,000,000

Compensation

Mr. Praveen Khandelwal, CA., CS. serves as Chief Executive Officer of Gokul Refoils & Solvent Ltd and served as its Chief Operating Officer. Mr. Khandelwal served as Vice President of Corporate Strategy at ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Praveen's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Praveen's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.5yrs

Average Tenure

43yo

Average Age

Experienced Management: GOKUL's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

11.1yrs

Average Tenure

58yo

Average Age

Experienced Board: GOKUL's board of directors are seasoned and experienced ( 11.1 years average tenure).


Insider Trading

Insider Buying: GOKUL insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

Sell₹105,351,95526 Sep 19
Kanubhai Thakkar
EntityIndividual
Shares6,252,349
Max Price₹16.85
Buy₹105,351,95526 Sep 19
Dharmendrasinh Rajput
EntityIndividual
Role
Member of the Board of Directors
Executive Director
Shares6,252,349
Max Price₹16.85
Sell₹3,346,07928 Aug 19
Balvantsinh Rajput
EntityIndividual
Role
Chairman of the Board
Chairman & MD
Shares264,447
Max Price₹12.65
Sell₹3,184,64826 Aug 19
Balvantsinh Rajput
EntityIndividual
Role
Chairman of the Board
Chairman & MD
Shares250,719
Max Price₹12.70
Sell₹6,013,59123 Aug 19
Balvantsinh Rajput
EntityIndividual
Role
Chairman of the Board
Chairman & MD
Shares467,443
Max Price₹12.95
Sell₹2,704,59322 Aug 19
Balvantsinh Rajput
EntityIndividual
Role
Chairman of the Board
Chairman & MD
Shares211,329
Max Price₹12.80
Sell₹2,322,52721 Aug 19
Balvantsinh Rajput
EntityIndividual
Role
Chairman of the Board
Chairman & MD
Shares180,976
Max Price₹12.83
Sell₹321,30719 Aug 19
Balvantsinh Rajput
EntityIndividual
Role
Chairman of the Board
Chairman & MD
Shares25,086
Max Price₹12.81

Ownership Breakdown


Management Team

  • Balvantsinh Rajput (57yo)

    Chairman & MD

    • Tenure: 0yrs
  • Vinod Rajput (43yo)

    Chief Executive Officer of Mustard Desk

    • Tenure: 0yrs
  • Praveen Khandelwal (40yo)

    Chief Executive Officer

    • Tenure: 0yrs
    • Compensation: ₹6.00m
  • Dharmendrasinh Rajput (30yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: ₹2.40m
  • Bipinkumar Thakkar (50yo)

    Whole time Director of Legal & Executive Director

    • Tenure: 5.8yrs
    • Compensation: ₹1.14m
  • Shaunak Mandalia (45yo)

    Chief Financial Officer

    • Tenure: 3.5yrs
    • Compensation: ₹2.02m
  • Rajeev Bose (47yo)

    Vice President of Marketing

    • Tenure: 0yrs
    • Compensation: ₹2.25m
  • Nitin Malviya (37yo)

    General Manager of Accounts & Finance

    • Tenure: 0yrs
  • Ahhinav Mathur

    Company Secretary & Compliance Officer

    • Tenure: 0.2yrs
  • Sureshkumar Rathod (38yo)

    HR Manager

    • Tenure: 0yrs

Board Members

  • Dipooba Devada (59yo)

    Independent & Non Executive Director

    • Tenure: 12.1yrs
    • Compensation: ₹55.00k
  • Balvantsinh Rajput (57yo)

    Chairman & MD

    • Tenure: 0yrs
  • Piyushchandra Vyas (77yo)

    Independent & Non Executive Director

    • Tenure: 12.1yrs
    • Compensation: ₹45.00k
  • Karansinhji Mahida (71yo)

    Independent & Non Executive Director

    • Tenure: 11.1yrs
  • Dharmendrasinh Rajput (30yo)

    Executive Director

    • Tenure: 3.3yrs
    • Compensation: ₹2.40m
  • Bipinkumar Thakkar (50yo)

    Whole time Director of Legal & Executive Director

    • Tenure: 5.8yrs
    • Compensation: ₹1.14m

Company Information

Gokul Refoils & Solvent Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gokul Refoils & Solvent Ltd
  • Ticker: GOKUL
  • Exchange: NSEI
  • Founded: 1992
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: ₹1.649b
  • Shares outstanding: 131.90m
  • Website: https://www.gokulgroup.com

Number of Employees


Location

  • Gokul Refoils & Solvent Ltd
  • Gokul House
  • 43, Shreemali Co. Op Housing Society Limited
  • Ahmedabad
  • Gujarat
  • 380009
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532980BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2008
GOKULNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2008

Biography

Gokul Refoils & Solvent Ltd provides various agro based commodities in India and internationally. It engages in the business of seed processing, solvent extraction, and refining of edible and industrial oi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/18 12:45
End of Day Share Price2019/10/17 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.