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Gokul Agro Resources Limited (GOKULAGRO) Fair Value & Analysis

Consumer Defensive · IN · Market cap ₹60.2B

GA Gokul Agro Resources Limited GOKULAGRO · NSE
Price₹231.65
Fair Value₹223.44
Upside-3.5%
Quality42/100
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Healthy Growth
Thin margins · 1.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/14)
Moderate moat 49/100
Evidence: High Range ₹139.83 – ₹380.21 Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 3 days ago

Share price +7.6% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The model range is unusually wide (₹139.83 to ₹380.21). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
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Price vs Fair Value (5 years)

₹21,146 ₹10.37 Fair Value ₹223.44 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹10.37 – ₹21,146 · fair‑value band ₹139.83 – ₹380.21 · the ₹231.65 price screens above the ₹223.44 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Gokul Agro Resources Limited (GOKULAGRO) currently trades at ₹231.65, while our model-based Fair Value estimate is ₹223.44, implying the stock looks roughly 3.5% fairly valued today. The Quality Score stands at 42/100 (below-average quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Gokul Agro Resources Limited generated revenue of ₹241B at a net margin of 1.5%. Revenue grew 13.5% year over year. It earns a return on equity of 30.1%. Net debt stands at ₹172M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹139.83 (bear case) to ₹380.21 (bull case); at ₹231.65, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Consumer Defensive peers we cover trades at -14% fair-value upside, at -4%, GOKULAGRO screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹140.75 ₹254.46 ₹484.30 80
Residual Income ₹87.08 ₹120.81 ₹815.92 76
Rev-Margin DCF ₹203.57 ₹417.78 ₹822.93 74
All 26 models by family
DCF Models
FCF DCF ₹149.10 ₹229.71 ₹486.41 38
Owner Earnings ₹178.98 ₹396.39 ₹852.81 31
5Y Revenue Exit ₹201.71 ₹366.68 ₹713.94 39
5Y EBITDA Exit ₹215.83 ₹395.23 ₹747.81 41
5Y P/E Exit ₹195.91 ₹443.79 ₹784.44 38
10Y Revenue Exit ₹181.44 ₹443.20 ₹626.90 36
10Y EBITDA Exit ₹200.43 ₹473.61 ₹961.98 37
10Y P/E Exit ₹185.90 ₹430.72 ₹839.79 35
Earnings-Based
Graham-Dodd ₹85.12 ₹593.61 ₹833.04 54
Lynch FV ₹225.63 ₹322.33 ₹419.02 50
PEG = 1.0 ₹225.63 ₹322.33 ₹419.02 46
EPV ₹171.43 ₹198.58 ₹222.34 59
Dividend Discount
Gordon GGM ₹27.27 ₹56.71 ₹89.96 70
DDM Multi-Stage ₹27.27 ₹47.82 ₹59.52 61
Multiples
P/E Multiple ₹197.15 ₹262.87 ₹328.59 63
P/S Multiple ₹159.60 ₹212.80 ₹266.00 58
P/B Multiple ₹159.60 ₹212.80 ₹266.00 55
EV/EBIT ₹276.38 ₹365.67 ₹454.95 53
EV/EBITDA ₹232.06 ₹306.57 ₹381.07 54
EV/Revenue ₹199.71 ₹281.64 ₹363.56 43
Asset-Based
NCAV (Graham) ₹24.11 ₹32.31 ₹48.22 50
Growth DCF
Growth DCF ₹140.75 ₹254.46 ₹484.30 80
Rev-Margin DCF ₹203.57 ₹417.78 ₹822.93 74
Economic Profit
Residual Income ₹87.08 ₹120.81 ₹815.92 76
ROIC Compounder ₹210.07 ₹294.11 ₹407.24 72
Growth Earnings
Growth-Adj P/E ₹287.50 ₹410.71 ₹533.93 68

Widest divergence: Growth Earnings (₹410.71) versus Asset-Based (₹32.31). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹241B
Revenue growth (YoY) +13.5%
Net margin 1.5%
Return on equity 30.1%
Free cash flow ₹2.5B FY2026
P/E ratio 18.5
More key figures
Operating margin 2.9%
EPS (TTM) ₹12.52
EPS growth (YoY) +145%
Net debt ₹172M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 43 · Market factors (momentum, volatility) 59

Profitability 60
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 72
Price trend over the last 3–12 months (market factor)
52W Momentum 47
Distance to the 52-week high (market factor)
Net Issuance 0
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Gokul Agro Resources Limited engages in the manufacture and trading of edible and non-edible oils, meals, and other agro products in India. The company offers edible oils, such as refined soyabean and sunflower, kachi ghani mustard, refined and filtered groundnut, palm, refined cottonseed and rice bran, vanaspati, and palmolein oils, as well as frying oil.

Full company description

Gokul Agro Resources Limited engages in the manufacture and trading of edible and non-edible oils, meals, and other agro products in India. The company offers edible oils, such as refined soyabean and sunflower, kachi ghani mustard, refined and filtered groundnut, palm, refined cottonseed and rice bran, vanaspati, and palmolein oils, as well as frying oil. It also provides castor oils and derivatives; castor, mustard, and soya feed cake; and specialty fats for the bakery and confectionery industries. The company offers its products under the Vitalife, Mahek, Pride, and Richfield brands. It also exports its products. The company was incorporated in 2014 and is based in Ahmedabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Gokul Agro Resources Limited reported revenue of ₹241B in FY2026 versus ₹104B in FY2022, a compound +23.4%/yr. Reported net income was ₹3.7B in FY2026, compounding +31.7%/yr from FY2022.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹241B
Latest YoY
+23.2%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+30.9%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+23.5%
Avg. growth/yr (11Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+34.6%
Revenue +23.4%/yr
FY22 ₹104B
FY23 ₹107B
FY24 ₹139B
FY25 ₹196B
FY26 ₹241B
Net income +31.7%/yr
FY22 ₹1.2B
FY23 ₹1.3B
FY24 ₹1.4B
FY25 ₹2.5B
FY26 ₹3.7B
Character of growth · EPS growth decomposed (2015-2026) +34.5 % p.a.
Revenue per share +17.7 pp

of which total revenue +23.1 pp · buybacks/dilution −5.4 pp

EBIT margin +23.6 pp
Tax rate +0.6 pp
Residual (interest, one-offs) −7.4 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "Gokul Agro Resources Limited Fair Value". https://www.fairvalue-calculator.com/stock/GOKULAGRO

Peer Group

Packaged Foods · 652 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 42 · Bottom 25%
Fair Value upside −4% · Above median
Return on equity (TTM) 30% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 2% · Below median
Operating margin (TTM) 3% · Below median
Revenue growth 14% · Above median
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.23× · Higher than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 18.5× · Pricier than median
P/B 4.23× · Pricier than 75% of peers
P/S (TTM) 0.25× · Cheaper than 75% of peers
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 8.5× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 29 · sector 23
FUTURE 68 · sector 19
PAST 100 · sector 28
HEALTH 89 · sector 96
DIVIDEND 29 · sector 55

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Nestlé India Limited NESTLEIND ₹1,507 ₹362.37 -76%
Britannia Industries Limited BRITANNIA ₹5,646 ₹1,870 -67%
Tata Consumer Products Limited TATACONSUM ₹1,062 ₹327.27 -69%
PT Indofood CBP Sukses Makmur Tbk ICBP 7,550 IDR 12,864 IDR +70%
Samyang Foods Co 003230 1,219,000 KRW 1,010,543 KRW -17%
Patanjali Foods Limited PATANJALI ₹352.60 ₹144.77 -59%
Vietnam Dairy Products Joint Stock Company VNM 61,600 VND 52,858 VND -14%
PT Mayora Indah Tbk, MYOR 1,665 IDR 2,699 IDR +62%
PT Cisarua Mountain Dairy Tbk CMRY 4,630 IDR 4,350 IDR -6%
Nongshim Co 004370 389,500 KRW 530,619 KRW +36%

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Frequently asked questions

Is Gokul Agro Resources Limited (GOKULAGRO) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹223.44 versus a price of ₹231.65, about −4% (fairly valued).
What is the fair value of GOKULAGRO?
Our model-based fair value for Gokul Agro Resources Limited is ₹223.44 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹231.65.
What is the quality score of GOKULAGRO?
Gokul Agro Resources Limited has a Quality Score of 42/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Gokul Agro Resources Limited (GOKULAGRO)?
Gokul Agro Resources Limited reported trailing-twelve-month revenue of about ₹241B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of GOKULAGRO?
The net profit margin of Gokul Agro Resources Limited is about 1.5%, meaning it keeps roughly 1.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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