Gokul Refoils and Solvent Ltd.
•₹ 42.555.24%
2026-08-21
PROS
- Latest quarter profit grew 57.6% YoY, showing strong momentum
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 4.04x)
- Company generates healthy free cash flow
- Company converts assets efficiently - asset turnover of 4.6x
CONS
- A large part of profit comes from other income (143.5% of PBT)
- Company has a low return on equity of 4.2% over last 3 years
- Company has a low return on capital employed of 7.4%
- Interest coverage is weak at 1.6x - earnings barely cover interest
- Company has delivered a poor profit growth of -5.6% over past five years
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | MARICO | 848.55 | 58.36 | 110174.70 | 0.47 | 652.00 | 27.10 | 3957.00 | 21.42 | 52.25 | 20.70 |
| 2. | PATANJALI | 351.00 | 19.39 | 38192.61 | 1.00 | 3357.34 | 1761.48 | 113374.51 | 1173.91 | 22.34 | 4.79 |
| 3. | AWL | 188.55 | 21.20 | 24505.44 | 0.53 | 351.39 | 47.67 | 20048.14 | 17.52 | 18.52 | 3.56 |
| 4. | GOKULAGRO | 242.50 | 17.02 | 7155.85 | 0.00 | 122.63 | 71.26 | 5281.95 | 7.26 | 34.58 | 3.85 |
| 5. | SUNDROP | 650.00 | 87.67 | 2450.30 | 0.00 | 12.13 | 181.44 | 428.08 | 15.22 | 2.01 | 5.84 |
| 6. | BCLIND | 35.88 | 9.08 | 1059.05 | 0.98 | 35.52 | 6.10 | 623.42 | -24.00 | 13.60 | 9.80 |
| 7. | KRITINUT | 84.20 | 12.66 | 421.87 | 3.56 | 8.92 | -6.03 | 247.08 | 7.88 | 20.30 | 4.72 |
| 8. | GOKUL | 40.00 | 19.13 | 395.98 | 0.00 | 6.08 | 57.63 | 1016.75 | 9.75 | 8.66 | 1.63 |
| 9. | VIJSOLX | 700.00 | 9.40 | 224.09 | 0.00 | 5.58 | 428.60 | 622.50 | 35.20 | 7.35 | 1.40 |
| 10. | MKPL | 4.18 | 0.00 | 156.91 | 0.00 | 1.38 | -60.63 | 115.16 | 0.18 | 13.46 | 2.18 |
| 11. | ROML | 44.00 | 3.88 | 70.35 | 0.00 | 1.11 | -21.06 | 35.56 | 5.82 | 15.26 | 5.16 |
| 12. | NKIND | 62.79 | 0.00 | 37.74 | 0.00 | -0.66 | 5.48 | 2.27 | -39.97 | 0.00 | -4.94 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 588 | 927 | 807 | 697 | 788 | 856 | 1,007 | 860 | 926 | 1,063 | 1,076 | 1,056 | 1,017 | |
| 577 | 909 | 794 | 693 | 780 | 844 | 1,000 | 851 | 913 | 1,054 | 1,065 | 1,052 | 1,012 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 3 | 3 | 3 | 10 | 5 | 5 | 7 | 10 | 3 | 8 | 7 | 14 | 3 |
| Interest | 8 | 6 | 10 | 9 | 8 | 9 | 9 | 8 | 9 | 10 | 7 | 7 | 9 |
| Depreciation | 2 | 3 | 3 | 3 | 3 | 2 | 4 | 3 | 3 | 3 | 3 | 3 | 3 |
| 3 | -6 | 3 | 2 | 3 | 6 | 1 | 9 | 5 | 4 | 7 | 8 | 8 | |
| Tax % | 25.37% | 25.63% | 38.60% | 15.15% | 23.75% | 19.53% | 60.81% | 24.11% | 27.31% | 20.00% | 27.98% | 23.43% | 23.82% |
| Net Profit | 0 | 0 | 0 | 0 | 2 | 5 | 1 | 7 | 4 | 4 | 5 | 6 | 6 |
| 0 | -0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 1 | 1 | 0 | |
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 588
- 577
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 8
- Depreciation
- 2
- 3
- Tax %
- 25.37%
- Net Profit
- 0
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 927
- 909
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 6
- Depreciation
- 3
- -6
- Tax %
- 25.63%
- Net Profit
- 0
- -0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 807
- 794
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 10
- Depreciation
- 3
- 3
- Tax %
- 38.60%
- Net Profit
- 0
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 697
- 693
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 9
- Depreciation
- 3
- 2
- Tax %
- 15.15%
- Net Profit
- 0
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 788
- 780
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 8
- Depreciation
- 3
- 3
- Tax %
- 23.75%
- Net Profit
- 2
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 856
- 844
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 9
- Depreciation
- 2
- 6
- Tax %
- 19.53%
- Net Profit
- 5
- 1
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,007
- 1,000
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 9
- Depreciation
- 4
- 1
- Tax %
- 60.81%
- Net Profit
- 1
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 860
- 851
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 8
- Depreciation
- 3
- 9
- Tax %
- 24.11%
- Net Profit
- 7
- 1
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 926
- 913
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 9
- Depreciation
- 3
- 5
- Tax %
- 27.31%
- Net Profit
- 4
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,063
- 1,054
- Operating Profit
- —
- OPM %
- —
- Other Income
- 8
- Interest
- 10
- Depreciation
- 3
- 4
- Tax %
- 20.00%
- Net Profit
- 4
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,076
- 1,065
- Operating Profit
- —
- OPM %
- —
- Other Income
- 7
- Interest
- 7
- Depreciation
- 3
- 7
- Tax %
- 27.98%
- Net Profit
- 5
- 1
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 1,056
- 1,052
- Operating Profit
- —
- OPM %
- —
- Other Income
- 14
- Interest
- 7
- Depreciation
- 3
- 8
- Tax %
- 23.43%
- Net Profit
- 6
- 1
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,017
- 1,012
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 9
- Depreciation
- 3
- 8
- Tax %
- 23.82%
- Net Profit
- 6
- 0
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 20
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 3,419 | 1,856 | 1,987 | 2,198 | 2,161 | 2,465 | 3,053 | 3,137 | 3,020 | 3,511 | 4,211 | |
| 3,365 | 1,826 | 1,971 | 2,164 | 2,123 | 2,425 | 3,014 | 3,081 | 2,974 | 3,474 | 4,184 | |
| Operating Profit | 73 | 42 | 75 | 56 | 61 | 52 | 61 | 66 | 65 | 65 | — |
| OPM % | 2 | 2 | 4 | 3 | 3 | 2 | 2 | 2 | 2 | 2 | — |
| Other Income | 20 | 11 | 58 | 23 | 23 | 12 | 21 | 10 | 19 | 28 | 33 |
| Interest | 42 | 32 | 33 | 32 | 29 | 20 | 18 | 27 | 33 | 33 | 34 |
| Depreciation | 14 | 4 | 5 | 5 | 6 | 5 | 6 | 8 | 10 | 12 | 11 |
| 17 | 5 | 13 | 19 | 27 | 27 | 37 | 31 | 3 | 20 | 27 | |
| Tax % | 34 | 53 | 30 | 35 | 26 | 24 | 28 | 23 | 32 | 25 | 24 |
| Net Profit | 11 | 2 | 9 | 12 | 20 | 20 | 27 | 24 | 2 | 15 | 21 |
| EPS | 0 | 0 | 0 | 1 | 0 | 2 | 3 | 2 | 0 | 1 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 2 | 0 | 1 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 0 | 1 | 1 | 1 | 2 | 3 | 2 | 0 | 1 | — |
Mar 2016
- 3,419
- 3,365
- Operating Profit
- 73
- OPM %
- 2
- Other Income
- 20
- Interest
- 42
- Depreciation
- 14
- 17
- Tax %
- 34
- Net Profit
- 11
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- -0
- Adjusted EPS
- 1
Mar 2017
- 1,856
- 1,826
- Operating Profit
- 42
- OPM %
- 2
- Other Income
- 11
- Interest
- 32
- Depreciation
- 4
- 5
- Tax %
- 53
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2018
- 1,987
- 1,971
- Operating Profit
- 75
- OPM %
- 4
- Other Income
- 58
- Interest
- 33
- Depreciation
- 5
- 13
- Tax %
- 30
- Net Profit
- 9
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 2,198
- 2,164
- Operating Profit
- 56
- OPM %
- 3
- Other Income
- 23
- Interest
- 32
- Depreciation
- 5
- 19
- Tax %
- 35
- Net Profit
- 12
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2020
- 2,161
- 2,123
- Operating Profit
- 61
- OPM %
- 3
- Other Income
- 23
- Interest
- 29
- Depreciation
- 6
- 27
- Tax %
- 26
- Net Profit
- 20
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2021
- 2,465
- 2,425
- Operating Profit
- 52
- OPM %
- 2
- Other Income
- 12
- Interest
- 20
- Depreciation
- 5
- 27
- Tax %
- 24
- Net Profit
- 20
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2022
- 3,053
- 3,014
- Operating Profit
- 61
- OPM %
- 2
- Other Income
- 21
- Interest
- 18
- Depreciation
- 6
- 37
- Tax %
- 28
- Net Profit
- 27
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2023
- 3,137
- 3,081
- Operating Profit
- 66
- OPM %
- 2
- Other Income
- 10
- Interest
- 27
- Depreciation
- 8
- 31
- Tax %
- 23
- Net Profit
- 24
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
Mar 2024
- 3,020
- 2,974
- Operating Profit
- 65
- OPM %
- 2
- Other Income
- 19
- Interest
- 33
- Depreciation
- 10
- 3
- Tax %
- 32
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2025
- 3,511
- 3,474
- Operating Profit
- 65
- OPM %
- 2
- Other Income
- 28
- Interest
- 33
- Depreciation
- 12
- 20
- Tax %
- 25
- Net Profit
- 15
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
TTM
- 4,211
- 4,184
- Operating Profit
- —
- OPM %
- —
- Other Income
- 33
- Interest
- 34
- Depreciation
- 11
- 27
- Tax %
- 24
- Net Profit
- 21
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- -5%
- 5 Years:
- 10%
- 3 Years:
- 5%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 5%
- 5 Years:
- -6%
- 3 Years:
- -18%
STOCK PRICE CAGR
- 10 Years:
- 12%
- 5 Years:
- 7%
- 3 Years:
- 10%
- 1 Year:
- -2%
RETURN ON EQUITY
- 10 Years:
- 5%
- 5 Years:
- 6%
- 3 Years:
- 4%
- Last Year:
- 4%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 26 | 26 | 26 | 26 | 26 | 20 | 20 | 20 | 20 | 20 |
| 251 | 254 | 247 | 259 | 279 | 258 | 284 | 308 | 310 | 325 | |
| 105 | 669 | 309 | 263 | 232 | 283 | 367 | 400 | 260 | 263 | |
| Trade Payables | 601 | 46 | 35 | 26 | 21 | 91 | 146 | 64 | 115 | 125 |
| 76 | 70 | 40 | 34 | 42 | 59 | 31 | 51 | 36 | 39 | |
| Total Liabilities | 1,059 | 1,066 | 656 | 609 | 599 | 710 | 848 | 844 | 742 | 771 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 253 | 231 | 69 | 68 | 73 | 68 | 70 | 96 | 95 | 100 | |
| Capital Work in Progress | 1 | 3 | 5 | 3 | 2 | 2 | 2 | 2 | 7 | 0 |
| 30 | 68 | 36 | 42 | 39 | 24 | 33 | 74 | 60 | 43 | |
| 272 | 294 | 195 | 141 | 162 | 280 | 338 | 246 | 211 | 220 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 130 | 160 | |
| Cash & Bank | 138 | 136 | 75 | 58 | 68 | 66 | 58 | 116 | 73 | 58 |
| 365 | 333 | 277 | 297 | 256 | 269 | 347 | 310 | 166 | 190 | |
| Total Assets | 1,059 | 1,066 | 656 | 609 | 599 | 710 | 848 | 844 | 742 | 771 |
| Total Debt | 130 | 695 | 309 | 263 | 232 | 283 | 367 | 422 | 278 | 276 |
| Net Working Capital | 23 | 48 | 168 | 183 | 208 | 170 | 141 | 167 | 183 | 191 |
| Contingent Liabilities | 195 | 188 | 185 | 227 | 223 | 255 | 206 | 223 | 35 | 27 |
| Book Value per Share | 21.00 | 21.26 | 20.71 | 21.64 | 23.12 | 28.01 | 30.70 | 33.15 | 33.33 | 34.81 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 130 | 695 | 309 | 263 | 232 | 283 | 367 | 422 | 278 | 276 |
| Net Working Capital | 23 | 48 | 168 | 183 | 208 | 170 | 141 | 167 | 183 | 191 |
| Contingent Liabilities | 195 | 188 | 185 | 227 | 223 | 255 | 206 | 223 | 35 | 27 |
| Book Value per Share | 21.00 | 21.26 | 20.71 | 21.64 | 23.12 | 28.01 | 30.70 | 33.15 | 33.33 | 34.81 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2016
- Equity Capital
- 26
- 251
- 105
- Trade Payables
- 601
- 76
- Total Liabilities
- 1,059
- 253
- Capital Work in Progress
- 1
- 30
- 272
- 0
- Cash & Bank
- 138
- 365
- Total Assets
- 1,059
- Total Debt
- 130
- Net Working Capital
- 23
- Contingent Liabilities
- 195
- Book Value per Share
- 21.00
- Face Value
- 2.00
- Total Debt
- 130
- Net Working Capital
- 23
- Contingent Liabilities
- 195
- Book Value per Share
- 21.00
- Face Value
- 2.00
Mar 2017
- Equity Capital
- 26
- 254
- 669
- Trade Payables
- 46
- 70
- Total Liabilities
- 1,066
- 231
- Capital Work in Progress
- 3
- 68
- 294
- 0
- Cash & Bank
- 136
- 333
- Total Assets
- 1,066
- Total Debt
- 695
- Net Working Capital
- 48
- Contingent Liabilities
- 188
- Book Value per Share
- 21.26
- Face Value
- 2.00
- Total Debt
- 695
- Net Working Capital
- 48
- Contingent Liabilities
- 188
- Book Value per Share
- 21.26
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 26
- 247
- 309
- Trade Payables
- 35
- 40
- Total Liabilities
- 656
- 69
- Capital Work in Progress
- 5
- 36
- 195
- 0
- Cash & Bank
- 75
- 277
- Total Assets
- 656
- Total Debt
- 309
- Net Working Capital
- 168
- Contingent Liabilities
- 185
- Book Value per Share
- 20.71
- Face Value
- 2.00
- Total Debt
- 309
- Net Working Capital
- 168
- Contingent Liabilities
- 185
- Book Value per Share
- 20.71
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 26
- 259
- 263
- Trade Payables
- 26
- 34
- Total Liabilities
- 609
- 68
- Capital Work in Progress
- 3
- 42
- 141
- 0
- Cash & Bank
- 58
- 297
- Total Assets
- 609
- Total Debt
- 263
- Net Working Capital
- 183
- Contingent Liabilities
- 227
- Book Value per Share
- 21.64
- Face Value
- 2.00
- Total Debt
- 263
- Net Working Capital
- 183
- Contingent Liabilities
- 227
- Book Value per Share
- 21.64
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 26
- 279
- 232
- Trade Payables
- 21
- 42
- Total Liabilities
- 599
- 73
- Capital Work in Progress
- 2
- 39
- 162
- 0
- Cash & Bank
- 68
- 256
- Total Assets
- 599
- Total Debt
- 232
- Net Working Capital
- 208
- Contingent Liabilities
- 223
- Book Value per Share
- 23.12
- Face Value
- 2.00
- Total Debt
- 232
- Net Working Capital
- 208
- Contingent Liabilities
- 223
- Book Value per Share
- 23.12
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 20
- 258
- 283
- Trade Payables
- 91
- 59
- Total Liabilities
- 710
- 68
- Capital Work in Progress
- 2
- 24
- 280
- 0
- Cash & Bank
- 66
- 269
- Total Assets
- 710
- Total Debt
- 283
- Net Working Capital
- 170
- Contingent Liabilities
- 255
- Book Value per Share
- 28.01
- Face Value
- 2.00
- Total Debt
- 283
- Net Working Capital
- 170
- Contingent Liabilities
- 255
- Book Value per Share
- 28.01
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 20
- 284
- 367
- Trade Payables
- 146
- 31
- Total Liabilities
- 848
- 70
- Capital Work in Progress
- 2
- 33
- 338
- 0
- Cash & Bank
- 58
- 347
- Total Assets
- 848
- Total Debt
- 367
- Net Working Capital
- 141
- Contingent Liabilities
- 206
- Book Value per Share
- 30.70
- Face Value
- 2.00
- Total Debt
- 367
- Net Working Capital
- 141
- Contingent Liabilities
- 206
- Book Value per Share
- 30.70
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 20
- 308
- 400
- Trade Payables
- 64
- 51
- Total Liabilities
- 844
- 96
- Capital Work in Progress
- 2
- 74
- 246
- 0
- Cash & Bank
- 116
- 310
- Total Assets
- 844
- Total Debt
- 422
- Net Working Capital
- 167
- Contingent Liabilities
- 223
- Book Value per Share
- 33.15
- Face Value
- 2.00
- Total Debt
- 422
- Net Working Capital
- 167
- Contingent Liabilities
- 223
- Book Value per Share
- 33.15
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 20
- 310
- 260
- Trade Payables
- 115
- 36
- Total Liabilities
- 742
- 95
- Capital Work in Progress
- 7
- 60
- 211
- 130
- Cash & Bank
- 73
- 166
- Total Assets
- 742
- Total Debt
- 278
- Net Working Capital
- 183
- Contingent Liabilities
- 35
- Book Value per Share
- 33.33
- Face Value
- 2.00
- Total Debt
- 278
- Net Working Capital
- 183
- Contingent Liabilities
- 35
- Book Value per Share
- 33.33
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 20
- 325
- 263
- Trade Payables
- 125
- 39
- Total Liabilities
- 771
- 100
- Capital Work in Progress
- 0
- 43
- 220
- 160
- Cash & Bank
- 58
- 190
- Total Assets
- 771
- Total Debt
- 276
- Net Working Capital
- 191
- Contingent Liabilities
- 27
- Book Value per Share
- 34.81
- Face Value
- 2.00
- Total Debt
- 276
- Net Working Capital
- 191
- Contingent Liabilities
- 27
- Book Value per Share
- 34.81
- Face Value
- 2.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 390 | 41 | 111 | 72 | 65 | 6 | -72 | 92 | 56 | 17 | |
| Cash from Investing | 53 | -28 | 280 | -0 | 8 | 9 | -7 | -22 | 17 | -5 |
| Cash from Financing | -504 | -28 | -417 | -78 | -62 | -16 | 66 | 27 | -123 | -35 |
| -62 | -15 | -27 | -6 | 11 | -0 | -13 | 97 | -51 | -23 | |
| Free Cash Flow | 390 | 41 | 111 | 70 | 56 | 6 | -79 | 59 | 42 | 8 |
| OCF / Net Profit | 34.90 | 16.78 | 12.25 | 5.95 | 3.28 | 0.31 | -2.73 | 3.81 | 30.65 | 1.15 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 667 | 283 | 164 | 112 | 83 | 36 |
| OCF / Net Profit | 34.90 | 16.78 | 12.25 | 5.95 | 3.28 | 0.31 | -2.73 | 3.81 | 30.65 | 1.15 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 667 | 283 | 164 | 112 | 83 | 36 |
Mar 2016
- 390
- Cash from Investing
- 53
- Cash from Financing
- -504
- -62
- Free Cash Flow
- 390
- OCF / Net Profit
- 34.90
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 34.90
- Cumulative 5-Year FCF
- 0
Mar 2017
- 41
- Cash from Investing
- -28
- Cash from Financing
- -28
- -15
- Free Cash Flow
- 41
- OCF / Net Profit
- 16.78
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 16.78
- Cumulative 5-Year FCF
- 0
Mar 2018
- 111
- Cash from Investing
- 280
- Cash from Financing
- -417
- -27
- Free Cash Flow
- 111
- OCF / Net Profit
- 12.25
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 12.25
- Cumulative 5-Year FCF
- 0
Mar 2019
- 72
- Cash from Investing
- -0
- Cash from Financing
- -78
- -6
- Free Cash Flow
- 70
- OCF / Net Profit
- 5.95
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.95
- Cumulative 5-Year FCF
- 0
Mar 2020
- 65
- Cash from Investing
- 8
- Cash from Financing
- -62
- 11
- Free Cash Flow
- 56
- OCF / Net Profit
- 3.28
- Cumulative 5-Year FCF
- 667
- OCF / Net Profit
- 3.28
- Cumulative 5-Year FCF
- 667
Mar 2021
- 6
- Cash from Investing
- 9
- Cash from Financing
- -16
- -0
- Free Cash Flow
- 6
- OCF / Net Profit
- 0.31
- Cumulative 5-Year FCF
- 283
- OCF / Net Profit
- 0.31
- Cumulative 5-Year FCF
- 283
Mar 2022
- -72
- Cash from Investing
- -7
- Cash from Financing
- 66
- -13
- Free Cash Flow
- -79
- OCF / Net Profit
- -2.73
- Cumulative 5-Year FCF
- 164
- OCF / Net Profit
- -2.73
- Cumulative 5-Year FCF
- 164
Mar 2023
- 92
- Cash from Investing
- -22
- Cash from Financing
- 27
- 97
- Free Cash Flow
- 59
- OCF / Net Profit
- 3.81
- Cumulative 5-Year FCF
- 112
- OCF / Net Profit
- 3.81
- Cumulative 5-Year FCF
- 112
Mar 2024
- 56
- Cash from Investing
- 17
- Cash from Financing
- -123
- -51
- Free Cash Flow
- 42
- OCF / Net Profit
- 30.65
- Cumulative 5-Year FCF
- 83
- OCF / Net Profit
- 30.65
- Cumulative 5-Year FCF
- 83
Mar 2025
- 17
- Cash from Investing
- -5
- Cash from Financing
- -35
- -23
- Free Cash Flow
- 8
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 36
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 36
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 0.85 | 0.18 | 0.69 | 0.92 | 1.50 | 2.07 | 2.68 | 2.44 | 0.18 | 1.48 |
| Book Value (₹) | 21.00 | 21.26 | 20.71 | 21.64 | 23.12 | 28.01 | 30.70 | 33.15 | 33.33 | 34.81 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.90 | 0.51 | 1.03 | 1.30 | 1.92 | 2.61 | 3.31 | 3.22 | 1.23 | 2.67 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 2.13% | 2.25% | 3.78% | 2.55% | 2.81% | 2.12% | 1.99% | 2.11% | 1.53% | 1.03% |
| Net Margin % | 0.33% | 0.13% | 0.46% | 0.55% | 0.91% | 0.83% | 0.87% | 0.77% | 0.06% | 0.42% |
| ROE % | 3.41% | 0.87% | 3.27% | 4.35% | 6.70% | 7.03% | 9.13% | 7.64% | 0.55% | 4.39% |
| ROCE % | 8.51% | 5.42% | 5.87% | 9.04% | 10.17% | 8.56% | 8.88% | 8.23% | 5.30% | 8.66% |
| 0.72% | 0.23% | 1.05% | 1.92% | 3.28% | 3.13% | 3.40% | 2.85% | 0.23% | 1.96% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 42 | 39 | 24 | 16 | 16 | 14 | 16 | 18 | 16 | 15 |
| Inventory Days | 45 | 56 | 45 | 28 | 26 | 33 | 37 | 34 | 28 | 22 |
| Payable Days | 97 | 69 | 8 | 5 | 4 | 9 | 15 | 13 | 11 | 13 |
| -10 | 26 | 61 | 39 | 38 | 38 | 38 | 39 | 32 | 24 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.47x | 2.48x | 1.13x | 0.92x | 0.76x | 1.02x | 1.21x | 1.28x | 0.84x | 0.80x |
| Interest Coverage (x) | 1.41x | 1.16x | 1.39x | 1.58x | 1.93x | 2.34x | 3.05x | 2.16x | 1.08x | 1.59x |
| 1.03x | 1.06x | 1.44x | 1.57x | 1.72x | 1.40x | 1.26x | 1.34x | 1.47x | 1.47x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -41.80% | -45.71% | 7.08% | 10.58% | -1.66% | 14.04% | 23.87% | 2.74% | -3.72% | 16.26% |
| Operating Profit Growth % | -52.33% | -42.58% | 79.54% | -25.30% | 8.23% | -13.85% | 16.53% | 8.54% | -2.18% | 0.15% |
| Net Profit Growth % | 21.85% | -78.32% | 273.60% | 34.35% | 62.73% | 3.42% | 29.66% | -9.00% | -92.49% | 716.62% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -92.76% | 736.64% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 197.74x | 28.89x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.05x | 1.23x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.52x | 9.88x |
Mar 2016
- EPS (₹)
- 0.85
- Book Value (₹)
- 21.00
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.90
- Operating Margin %
- 2.13%
- Net Margin %
- 0.33%
- ROE %
- 3.41%
- ROCE %
- 8.51%
- 0.72%
- Debtor Days
- 42
- Inventory Days
- 45
- Payable Days
- 97
- -10
- Debt to Equity (x)
- 0.47x
- Interest Coverage (x)
- 1.41x
- 1.03x
- Revenue Growth %
- -41.80%
- Operating Profit Growth %
- -52.33%
- Net Profit Growth %
- 21.85%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.18
- Book Value (₹)
- 21.26
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.51
- Operating Margin %
- 2.25%
- Net Margin %
- 0.13%
- ROE %
- 0.87%
- ROCE %
- 5.42%
- 0.23%
- Debtor Days
- 39
- Inventory Days
- 56
- Payable Days
- 69
- 26
- Debt to Equity (x)
- 2.48x
- Interest Coverage (x)
- 1.16x
- 1.06x
- Revenue Growth %
- -45.71%
- Operating Profit Growth %
- -42.58%
- Net Profit Growth %
- -78.32%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.69
- Book Value (₹)
- 20.71
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.03
- Operating Margin %
- 3.78%
- Net Margin %
- 0.46%
- ROE %
- 3.27%
- ROCE %
- 5.87%
- 1.05%
- Debtor Days
- 24
- Inventory Days
- 45
- Payable Days
- 8
- 61
- Debt to Equity (x)
- 1.13x
- Interest Coverage (x)
- 1.39x
- 1.44x
- Revenue Growth %
- 7.08%
- Operating Profit Growth %
- 79.54%
- Net Profit Growth %
- 273.60%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.92
- Book Value (₹)
- 21.64
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.30
- Operating Margin %
- 2.55%
- Net Margin %
- 0.55%
- ROE %
- 4.35%
- ROCE %
- 9.04%
- 1.92%
- Debtor Days
- 16
- Inventory Days
- 28
- Payable Days
- 5
- 39
- Debt to Equity (x)
- 0.92x
- Interest Coverage (x)
- 1.58x
- 1.57x
- Revenue Growth %
- 10.58%
- Operating Profit Growth %
- -25.30%
- Net Profit Growth %
- 34.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 1.50
- Book Value (₹)
- 23.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.92
- Operating Margin %
- 2.81%
- Net Margin %
- 0.91%
- ROE %
- 6.70%
- ROCE %
- 10.17%
- 3.28%
- Debtor Days
- 16
- Inventory Days
- 26
- Payable Days
- 4
- 38
- Debt to Equity (x)
- 0.76x
- Interest Coverage (x)
- 1.93x
- 1.72x
- Revenue Growth %
- -1.66%
- Operating Profit Growth %
- 8.23%
- Net Profit Growth %
- 62.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 2.07
- Book Value (₹)
- 28.01
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.61
- Operating Margin %
- 2.12%
- Net Margin %
- 0.83%
- ROE %
- 7.03%
- ROCE %
- 8.56%
- 3.13%
- Debtor Days
- 14
- Inventory Days
- 33
- Payable Days
- 9
- 38
- Debt to Equity (x)
- 1.02x
- Interest Coverage (x)
- 2.34x
- 1.40x
- Revenue Growth %
- 14.04%
- Operating Profit Growth %
- -13.85%
- Net Profit Growth %
- 3.42%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 2.68
- Book Value (₹)
- 30.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.31
- Operating Margin %
- 1.99%
- Net Margin %
- 0.87%
- ROE %
- 9.13%
- ROCE %
- 8.88%
- 3.40%
- Debtor Days
- 16
- Inventory Days
- 37
- Payable Days
- 15
- 38
- Debt to Equity (x)
- 1.21x
- Interest Coverage (x)
- 3.05x
- 1.26x
- Revenue Growth %
- 23.87%
- Operating Profit Growth %
- 16.53%
- Net Profit Growth %
- 29.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 2.44
- Book Value (₹)
- 33.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.22
- Operating Margin %
- 2.11%
- Net Margin %
- 0.77%
- ROE %
- 7.64%
- ROCE %
- 8.23%
- 2.85%
- Debtor Days
- 18
- Inventory Days
- 34
- Payable Days
- 13
- 39
- Debt to Equity (x)
- 1.28x
- Interest Coverage (x)
- 2.16x
- 1.34x
- Revenue Growth %
- 2.74%
- Operating Profit Growth %
- 8.54%
- Net Profit Growth %
- -9.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.18
- Book Value (₹)
- 33.33
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.23
- Operating Margin %
- 1.53%
- Net Margin %
- 0.06%
- ROE %
- 0.55%
- ROCE %
- 5.30%
- 0.23%
- Debtor Days
- 16
- Inventory Days
- 28
- Payable Days
- 11
- 32
- Debt to Equity (x)
- 0.84x
- Interest Coverage (x)
- 1.08x
- 1.47x
- Revenue Growth %
- -3.72%
- Operating Profit Growth %
- -2.18%
- Net Profit Growth %
- -92.49%
- -92.76%
- P/E (x)
- 197.74x
- P/B (x)
- 1.05x
- Dividend Yield %
- 0.00%
- 8.52x
Mar 2025
- EPS (₹)
- 1.48
- Book Value (₹)
- 34.81
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.67
- Operating Margin %
- 1.03%
- Net Margin %
- 0.42%
- ROE %
- 4.39%
- ROCE %
- 8.66%
- 1.96%
- Debtor Days
- 15
- Inventory Days
- 22
- Payable Days
- 13
- 24
- Debt to Equity (x)
- 0.80x
- Interest Coverage (x)
- 1.59x
- 1.47x
- Revenue Growth %
- 16.26%
- Operating Profit Growth %
- 0.15%
- Net Profit Growth %
- 716.62%
- 736.64%
- P/E (x)
- 28.89x
- P/B (x)
- 1.23x
- Dividend Yield %
- 0.00%
- 9.88x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-14 - Gokul Refoils and Solvent Limited has informed the Exchange about Copy of Newspaper Publication
- Change in Management
2026-08-13 - Gokul Refoils and Solvent Limited has informed the Exchange about change in Management
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.