Gokul Refoils & Solvent Ltd. (GOKUL) AI Stock Analysis

Gokul Refoils & Solvent Ltd.

(NSE:GOKUL)

Select Model

Rating:59Neutral

Price Target:INR 36.00▲(3.03% Upside)

Action:reiterated

Date:08/29/26

The overall score is driven mainly by solid revenue growth and a reasonable capital base, offset by weak and volatile cash flows and moderate leverage; constructive but not strong technical momentum and a fair, non-bargain valuation further temper the rating.

Positive Factors

Revenue GrowthRevenue growth over recent years, including a strong FY2025 rebound and further FY2026 growth, indicates the company retains demand and operating activity across its oilseed-processing value chain. Continued top-line expansion can support scale, customer reach, and recovery investment over the next several quarters.

Negative Factors

Weak Cash ConversionOperating cash flow has been highly volatile, with a large FY2022 outflow and a sharp FY2026 step-down from FY2025. Negative free cash flow in FY2025 and FY2026 means reported earnings have not consistently converted into funding, potentially limiting liquidity and internally financed growth.

Gokul Refoils & Solvent Ltd. (GOKUL) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 3.85B
Dividend Yield: ―
Average Volume (3M): 23.77K
Price to Earnings (P/E): 16.4
Beta (1Y): 0.81
Revenue Growth: 15.39%
EPS Growth: 27.60%
Country: India
Employees: 332
Sector: General
Sector Strength: 55
Industry: Packaged Foods

Gokul Refoils & Solvent Ltd. Business Overview & Revenue Model

Company Description

Gokul Refoils & Solvent Limited specializes in seed processing, solvent extraction, and the refining of both edible and industrial non-edible oils, conducting its business domestically in India and across international markets. The company offers a d...

How the Company Makes Money

GOKUL primarily makes money by selling products produced through its oilseed processing and edible oil value chain. Key revenue streams typically include: (1) sales of refined edible oils produced by refining crude vegetable oils; (2) sales of crude...

Gokul Refoils & Solvent Ltd. Financial Statement Overview

Summary

Sales are growing and equity is rising, but profit margins are modest, leverage is moderate, and cash flows are volatile, limiting overall financial strength.

Income Statement

63Positive

Balance Sheet

58Neutral

Cash Flow

41Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	38.56B	41.20B	35.11B	30.20B	31.37B	30.45B
Gross Profit	1.32B	1.06B	1.03B	1.16B	1.65B	1.01B
EBITDA	676.11M	686.85M	647.98M	402.00M	651.55M	398.44M
Net Income	146.01M	184.78M	148.09M	18.13M	241.38M	265.24M
Balance Sheet
Total Assets	9.03B	9.10B	7.68B	7.39B	8.44B	8.41B
Cash, Cash Equivalents and Short-Term Investments	1.86B	1.85B	731.47M	563.25M	1.55B	362.29M
Total Debt	3.42B	3.86B	2.80B	3.35B	4.25B	3.67B
Total Liabilities	5.51B	5.47B	4.23B	4.09B	5.16B	5.37B
Stockholders Equity	3.52B	3.63B	3.45B	3.30B	3.28B	3.04B
Cash Flow
Free Cash Flow	281.00M	-42.26M	-184.88M	216.13M	628.39M	-840.74M
Operating Cash Flow	281.00M	41.61M	170.70M	342.77M	922.25M	-722.89M
Investing Cash Flow	69.37M	-64.69M	-118.34M	167.95M	-218.86M	-73.81M
Financing Cash Flow	436.70M	1.06B	-25.38M	-1.23B	267.61M	661.88M

Gokul Refoils & Solvent Ltd. Technical Analysis

Technical Analysis SentimentNegative

Last Price34.94

Price Trends

50DMA39.68Negative

100DMA40.10Negative

200DMA39.63Negative

Market Momentum

MACD-1.36Positive

RSI33.53Neutral

STOCH30.72Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GOKUL, the sentiment is Negative. The current price of 34.94 is below the 20-day moving average (MA) of 37.11, below the 50-day MA of 39.68, and below the 200-day MA of 39.63, indicating a bearish trend. The MACD of -1.36 indicates Positive momentum. The RSI at 33.53 is Neutral, neither overbought nor oversold. The STOCH value of 30.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GOKUL.

Gokul Refoils & Solvent Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:GOKUL against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:CLSEL	74Outperform	INR 12.89B	10.27	―	1.16%	2.68%	22.79%
IN:GOKULAGRO	73Outperform	INR 63.44B	13.60	―	―	21.04%	59.07%
IN:KRISHIVAL	62Neutral	INR 8.83B	34.87	―	0.10%	―	―
IN:GOKUL	59Neutral	INR 3.43B	16.39	―	―	15.39%	27.60%
IN:MUKKA	58Neutral	INR 7.38B	10.54	―	―	76.01%	59.13%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:ROML	54Neutral	INR 631.87M	13.57	―	―	20.89%	-11.15%

* General Sector Average

Performance Comparison

IN:GOKUL and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:GOKUL	Gokul Refoils & Solvent Ltd.	34.94	-6.06	-14.78%
IN:CLSEL	Chaman Lal Setia Exports Limited	266.80	-2.38	-0.88%
IN:GOKULAGRO	Gokul Agro Resources Ltd.	214.35	39.00	22.24%
IN:KRISHIVAL	Krishival Foods Limited	355.70	-108.92	-23.44%
IN:MUKKA	Mukka Proteins Limited	24.41	-0.58	-2.32%
IN:ROML	Raj Oil Mills Limited	46.52	-4.68	-9.14%

Gokul Refoils & Solvent Ltd. Corporate Events

Gokul Refoils Announces 33rd AGM and Launches E‑Voting for Shareholders

Sep 5, 2026

Gokul Refoils & Solvent Ltd. has published newspaper advertisements announcing its 33rd Annual General Meeting and providing details of remote e-voting facilities for shareholders. The notices, carried in the Financial Express editions on Septemb...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Aug 29, 2026

Gokul Refoils & Solvent Ltd. AI Stock Analysis