Gokul Agro Resources (NSEI:GOKULAGRO) - Share price, News & Analysis

GOKULAGRO fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

GOKULAGRO Stock Overview

Rewards

Price-To-Earnings ratio (10.5x) is below the Indian market (19.8x)

Earnings grew by 175% over the past year

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months

Shareholders have been diluted in the past year

Gokul Agro Resources Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Gokul Agro Resources
Historical stock prices
Current Share Price	₹89.85
52 Week High	₹137.15
52 Week Low	₹35.85
Beta	0.84
1 Month Change	-17.19%
3 Month Change	25.84%
1 Year Change	118.88%
3 Year Change	618.80%
5 Year Change	225.54%
Change since IPO	720.55%

Recent News & Updates

Jun 15

With EPS Growth And More, Gokul Agro Resources (NSE:GOKULAGRO) Makes An Interesting Case

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...

May 31

We Think Gokul Agro Resources (NSE:GOKULAGRO) Can Stay On Top Of Its Debt

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

	GOKULAGRO	IN Food	IN Market
7D	-5.6%	2.5%	2.3%
1Y	118.9%	-5.0%	-0.9%

Return vs Industry: GOKULAGRO exceeded the Indian Food industry which returned -5% over the past year.

Return vs Market: GOKULAGRO exceeded the Indian Market which returned -0.9% over the past year.

Price Volatility

Is GOKULAGRO's price volatile compared to industry and market?
GOKULAGRO volatility
GOKULAGRO Average Weekly Movement	8.5%
Food Industry Average Movement	7.5%
Market Average Movement	6.9%
10% most volatile stocks in IN Market	9.9%
10% least volatile stocks in IN Market	4.5%

Stable Share Price: GOKULAGRO is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: GOKULAGRO's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Indian stocks.

About the Company

Founded	Employees	CEO	Website
2014	549	Hiteshkumar Thakkar	https://www.gokulagro.com

Gokul Agro Resources Limited manufactures and trades in edible and non-edible oils, meals, and other agro products in India, the United States, South Korea, European Union, China, Singapore, Indonesia, Malaysia, Russia, and Vietnam. The company offers soya bean oil, cottonseed oil, palm oil, sunflower oil, groundnut oil, vanaspati, etc.; and other industrial products, such as castor oil of various grades and its derivatives. It also provides castor seed and soya bean meals; hulled, natural, and black sesame seeds; fenugreek, cumin, and ajwain seeds; and wheat, rice, barley, maize, and chick peas.

Gokul Agro Resources Fundamentals Summary

How do Gokul Agro Resources's earnings and revenue compare to its market cap?
GOKULAGRO fundamental statistics
Market Cap	₹12.89b
Earnings (TTM)	₹1.23b
Revenue (TTM)	₹103.91b

10.5x

P/E Ratio

0.1x

P/S Ratio

Is GOKULAGRO overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
GOKULAGRO income statement (TTM)
Revenue	₹103.91b
Cost of Revenue	₹99.00b
Gross Profit	₹4.91b
Other Expenses	₹3.68b
Earnings	₹1.23b

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	8.59
Gross Margin	4.72%
Net Profit Margin	1.18%
Debt/Equity Ratio	61.4%

How did GOKULAGRO perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is GOKULAGRO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GOKULAGRO?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for GOKULAGRO. This is calculated by dividing GOKULAGRO's market cap by their current preferred multiple.
What is GOKULAGRO's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	₹12.89b

GOKULAGRO key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.1x
Enterprise Value/EBITDA	5.6x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does GOKULAGRO's PE Ratio compare to its peers?

GOKULAGRO PE Ratio vs Peers

The above table shows the PE ratio for GOKULAGRO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	27.6x

Forward PE

Price-To-Earnings vs Peers: GOKULAGRO is good value based on its Price-To-Earnings Ratio (10.5x) compared to the peer average (27.6x).

Price to Earnings Ratio vs Industry

How does GOKULAGRO's PE Ratio compare vs other companies in the Indian Food Industry?

Price-To-Earnings vs Industry: GOKULAGRO is good value based on its Price-To-Earnings Ratio (10.5x) compared to the Indian Food industry average (22.5x)

Price to Earnings Ratio vs Fair Ratio

What is GOKULAGRO's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GOKULAGRO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	10.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate GOKULAGRO's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of GOKULAGRO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate GOKULAGRO's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate GOKULAGRO's fair value for valuation analysis.

Price to Earnings Growth Ratio

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

Discover undervalued companies

Future Growth

How is Gokul Agro Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

18.7%

Forecasted Food, Beverage & Tobacco industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Gokul Agro Resources has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Discover growth companies

Check out Gokul Agro Resources's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
Gokul Agro Resources competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Gokul Agro Resources performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

43.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: GOKULAGRO has a high level of non-cash earnings.

Growing Profit Margin: GOKULAGRO's current net profit margins (1.2%) are higher than last year (0.5%).

Past Earnings Growth Analysis

Earnings Trend: GOKULAGRO's earnings have grown significantly by 43% per year over the past 5 years.

Accelerating Growth: GOKULAGRO's earnings growth over the past year (175%) exceeds its 5-year average (43% per year).

Earnings vs Industry: GOKULAGRO earnings growth over the past year (175%) exceeded the Food industry 12.1%.

Return on Equity

High ROE: GOKULAGRO's Return on Equity (26.1%) is considered high.

Discover strong past performing companies

Financial Health

How is Gokul Agro Resources's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: GOKULAGRO's short term assets (₹13.9B) exceed its short term liabilities (₹11.4B).

Long Term Liabilities: GOKULAGRO's short term assets (₹13.9B) exceed its long term liabilities (₹1.1B).

Debt to Equity History and Analysis

Debt Level: GOKULAGRO has more cash than its total debt.

Reducing Debt: GOKULAGRO's debt to equity ratio has reduced from 141.6% to 61.4% over the past 5 years.

Debt Coverage: GOKULAGRO's debt is not well covered by operating cash flow (19.2%).

Interest Coverage: GOKULAGRO's interest payments on its debt are well covered by EBIT (3.5x coverage).

Balance Sheet

Discover healthy companies

Dividend

What is Gokul Agro Resources's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

Dividend Yield vs Market

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

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

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as GOKULAGRO has not reported any payouts.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

6.8yrs

Average management tenure

CEO

Hiteshkumar Thakkar

6.83yrs

Tenure

₹4,165,000

Compensation

Mr. Hiteshkumar Tarachand Thakkar has been the Chief Executive Officer of Gokul Agro Resources Limited since August 08, 2015. Mr. Thakkar has been a Director at Gokul Agro Resources Limited until April 20...

CEO Compensation Analysis

Compensation vs Market: Hiteshkumar's total compensation ($USD53.21K) is below average for companies of similar size in the Indian market ($USD197.28K).

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

Leadership Team

Experienced Management: GOKULAGRO's management team is seasoned and experienced (6.8 years average tenure).

Board Members

Experienced Board: GOKULAGRO's board of directors are considered experienced (6 years average tenure).

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.5%.

Data	Last Updated (UTC time)
Company Analysis	2022/06/26 00:00
End of Day Share Price	2022/06/24 00:00
Earnings	2022/03/31
Annual Earnings	2022/03/31