Key Financial Figures - Q1FY27 (Consolidated)

  • Revenue from Operations: ₹5,281.95 crore, a 7% increase Year-on-Year (YoY) from Q1FY26's ₹4,924.35 crore. Sequentially, revenue decreased 15% from Q4FY26's ₹6,200.19 crore.
  • Total Income: ₹5,295.01 crore, up 7% YoY from ₹4,933.25 crore.
  • EBITDA (Including Other Income): ₹203.94 crore, a significant 53% increase YoY from ₹133.71 crore. Sequentially, EBITDA increased 5% from Q4FY26's ₹194.98 crore.
  • EBITDA Margin: 3.86%, expanding by 115 basis points (bps) YoY from 2.72% and by 72 bps quarter-on-quarter (QoQ) from 3.14%.
  • Profit After Tax (PAT): ₹123.74 crore, a 74% increase YoY from ₹71.00 crore. Sequentially, PAT decreased 3% from Q4FY26's ₹128.09 crore.
  • PAT Margin: 2.34%, expanding by 90 bps YoY from 1.44% and by 28 bps QoQ from 2.06%.

Full Year Financial Context (FY26)

The presentation provides full-year FY26 figures for context:

  • FY26 Revenue: ₹24,076.98 crore, a 23% increase from FY25's ₹19,550.75 crore.
  • FY26 EBITDA: ₹676.49 crore, a 28% increase from FY25's ₹528.28 crore.
  • FY26 PAT: ₹386.87 crore, a 55% increase from FY25's ₹249.64 crore.
  • The company highlights a 5-Year CAGR of Revenue at 23%, EBITDA at 35%, and PAT at 54%.

Business and Operational Updates for Q1FY27

1. Product & Portfolio Expansion: Launched customized specialty fats for industrial applications, heavy-duty frying oil for HoReCa and household usage, and bakery-focused specialty fats. Introduced new affordable pack sizes.

2. Capacity & Operational Execution: The biodiesel facility in Gandhidham was fully operational during the quarter. The company achieved optimum capacity utilization across plant locations and reported continued progress on capex investments across all plants.

3. Branding & Go-to-Market Initiatives: Established a presence on Amazon. Launched new brand identities (Rich Fry, Rich Spread, Rich Short) for the specialty fats portfolio and created video communication assets.

4. Market Expansion & Partnerships: Secured new institutional and export partnerships and continued expansion into new domestic and international markets.

5. Revenue Diversification: Exports contributed 18% to Q1FY27 revenue, primarily driven by biodiesel sales.

Strategic Initiatives and Capex

  • Biodiesel: A 300 TPD capacity was commissioned in Gandhidham in Q4FY26, providing access to high-margin export business.
  • Solar Power: A 15 MW captive solar power plant was commissioned in Gujarat in Q1FY27, reducing power costs by 45%. Additional 4 MW plants in Andhra Pradesh and Karnataka are expected by December 2026, aiming to reduce overall power costs by 55%.
  • Capacity Expansion: An ongoing project to increase capacity by 8 lakh MTPA across all four plant locations is underway to improve operational efficiency and supply chain strength.
  • Oil Palm Plantation: 550 hectares were completed in FY25 and FY26. A further 900 hectares is underway and targeted for completion in FY27.

Balance Sheet & Credit Profile (As of March 31, 2026)

  • Net Worth: Crossed the ₹1,423 crore milestone (₹1,422.81 Cr), up from ₹1,035.94 Cr in FY25 and ₹786.29 Cr in FY24.
  • Total Assets: Stood at ₹4,928.42 crore.
  • Current Assets: ₹3,850.48 crore, comprising Inventories (₹2,322.61 Cr), Trade Receivables (₹591.63 Cr), and Cash & Bank Balance (₹571.88 Cr).
  • Credit Rating: CRISIL A / Positive (outlook upgraded from Stable) and CRISIL A1 (reaffirmed) for ₹4,420 crore of bank facilities.

Corporate Overview

Gokul Agro is an integrated agri-processing company with an installed capacity of over 2 Mn MTPA. Its manufacturing footprint spans four strategic locations: Gandhidham, Haldia, Krishnapatnam, and Mangalore. The company boasts a distribution network of 575+ dealers and distributors, serving 28 Indian states and exporting to 33 countries. Its product portfolio includes edible oils, castor oil & derivatives, specialty fats, vanaspati, feed meals, and biodiesel. Key brands include Vitalife, Mahek, Richfield, Puffpride, Sun Premium, Palm Jyothi, Pride, and Biscopride.