Gokul Agro Resources share price today

Gokul Agro Resources Ltd's share price was ₹214.47 at the close on 30 October 2026. It has been rising for 31 weeks. That is 2.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹153 and ₹244, and at that close it sat 67% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Gokul Agro Resources Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row.

Over the last 11 years the share price moved +3,422% while the NIFTY 500 moved +243%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit up on a year earlier for 11 quarters in a row and highest quarterly profit in 16 quarters.

1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare)

   In the September 2026 quarter revenue was ₹7,481 crore, +12.7% on a year earlier.

   Why: Revenue rose because selling prices were higher and the plants were already running at full use, so the company made more money from the same amount of output.

   Next results: check whether new plants start adding sales volume, since management says there is no spare room this year and new capacity comes in stages.

   From the earnings call on 29 Oct 2026.

2. Profit up on a year earlier for 11 quarters in a row

   In the September 2026 quarter profit was ₹146 crore, +44.6% on a year earlier.

   Why: Profit rose faster than revenue because the company had a better product mix, used its plants more fully, and controlled costs, and the gain was not from inventory or currency swings.

   Next results: check whether the profit margin holds, since management expects branding, product mix and forward sales to keep it steady.

   From the earnings call on 29 Oct 2026.

3. Highest quarterly profit in 16 quarters

   Profit of ₹146 crore in the September 2026 quarter is the highest of the last 16 quarters.

   Why: Profit reached its highest quarter because the company had a better product mix, used its plants more fully, and controlled costs, with no boost from inventory or currency swings.

   Next results: check if new capacity brings extra sales next year, since management expects volume growth to come from it.

   From the earnings call on 29 Oct 2026.

For July to September 2026 (the quarter ended 30 September 2026), Gokul Agro Resources reported revenue of ₹7,481 crore, up 12.7% from ₹6,638 crore a year earlier, and a profit of ₹146 crore, up 44.6% from ₹101 crore.

Gokul Agro Resources results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Gokul Agro Resources' management discussed these results on a call held on 29 October 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.

Gokul Agro Resources closed at ₹214.47 on 30 October 2026, up 24.9% from ₹171.70 a year earlier (31 October 2025) and up 682.2% over five years. Its highest weekly close since April 2016 was ₹244.34 on 28 August 2026.

Gokul Agro Resources share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 30 Oct 2026 close. A day's intraday high or low can go beyond these weekly closes.

559 weekly closes from 1 April 2016 to 30 October 2026.

30 Oct 2026: Gokul Agro Resources closed at ₹214.47, up 9.3% on the week and up 2.1% on the month. 29 Oct 2026: Gokul Agro Resources held its results call for July to September 2026. Management guided: Volume growth 10% next year and 10-15% yearly thereafter on new capacity.

Earlier

• Results for July to September 2026: Revenue up 12.7% and profit up 44.6% on a year earlier.
• Our read, 17 May 2026: A high-volume commodity processor scaling into its first major capital spending cycle, thesis depends on operating margin having above 2.5% while a 46% capacity addition lands.
• 14 Oct 2025: Share split: face value cut from ₹2 to ₹1 a share (ex-date).

Our read of the business

Latest quarter: Record quarterly profit and highest-ever operating margin; ₹430 Cr capital spending approved.

Our read after the latest results, written 17 May 2026.

Gokul Agro Resources has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Gokul Agro Resources Ltd paid out 0% of its profit as dividends in each of its last 11 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for July to September 2026, held on 29 October 2026, Gokul Agro Resources' management guided: Volume growth 10% next year and 10-15% yearly thereafter on new capacity.

“Our inventory is protected by back-to-back selling.”Management, on the call for July to September 2026

What management guided

• Operating margin 3.5-4% band to stay on branding, mix and utilization gains.
• No volume growth this year at full optimum utilization.
• 8 lakh tonnes per annum addition across four sites on stream by Oct 2027 staggered Apr-Oct 2027.
• 900 ha oil-palm development to complete during 2027 in Andhra Pradesh with long gestation benefits later.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for July to September 2026, 29 October 2026.

What is changing at Gokul Agro Resources, from the latest results and calls: capacity expansion (46% addition over 12 to 18 months) and volume growth + southwestern market expansion.

• Capacity Expansion (46% addition over 12 to 18 months). Board approved ₹430 Cr to add 2,600 MT/day (46% from current 5,650 MT/day) across existing plants; ₹12.5 Cr solar project at Krishnapatnam embedded. ⚠ estimate
• Volume Growth + Southwestern Market Expansion. FY26 total volume up 13% on a year earlier to 19.2 lakh MT; Mangalore refinery (Dec 2024, ₹105.53 Cr) opens southwestern markets previously unserved. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the latest results, written 17 May 2026.

2 to 3% operating margin leaves almost no buffer; a 50 basis points commodity-price squeeze can cut profit 15 to 25%.

The main risks

• Commodity price volatility compressing operating margin below 2.5%: 2 to 3% operating margin leaves almost no buffer; a 50 basis points commodity-price squeeze can cut profit 15 to 25%. ⚠ estimate
• Capital spending-debt overhang before capacity generates revenue: ₹430 Cr capital spending will increase debt over the next 12 to 18 months before incremental capacity contributes cash. ⚠ estimate

Our read after the latest results, written 17 May 2026.

When Gokul Agro Resources reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: September overhang unwind and offtake normalization through Q3 after duty-led deferment, with closing stocks returning toward normal.

Gokul Agro Resources is not on any of our India lists this week.

Gokul Agro Resources Ltd earned ₹146 Cr of net profit in the Sep 2026 quarter, +44.6% on the same quarter a year earlier. That is the 11th quarter in a row of profit growth. Full-year FY26 profit was ₹369 Cr. Over 10 years profit has grown 45.0% a year on average. That is 2.0% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹101 Cr.

For the full year, FY26 profit was ₹369 Cr (+50.0% on the year before).

Why profit moved: revenue changed +12.7% on a year earlier and the margin moved +0.7 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +66.7% and revenue +15.0%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY26-Q3. Revenue of ₹6,314 Cr (+26.6% YoY) was the highest in FY26 by absolute level. PAT of ₹77.7 Cr rose 7.2% YoY from ₹72.5 Cr in Q3 FY25. Operating margin contracted sequentially as input cost pressures resurfaced. Interest expense held at ₹46 Cr. Results filed under Regulation 47 with no concall.

Why-sources: our stock research file (17 May 2026) and the company’s own results for those quarters.

Gokul Agro Resources Ltd reported ₹7,481 Cr of revenue in the Sep 2026 quarter, +12.7% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 20.8% a year on average. The last full year, FY26, came in at ₹24,077 Cr.

Revenue is everything the company billed its customers in the period.

Why this happened. The capacity addition is the inflection point in the forward thesis. Current capacity utilization was above 75% at 5,550 TPD in Dec 2024 before the Mangalore addition. Adding 2,600 MT/day brings total to approximately 8,250 MT/day. This is a 12 to 18 month build; capex debt will accrue before incremental revenue materializes, creating the J-curve risk in the near term.

The last four reported quarters add to ₹25,277 Cr.

FY26 revenue was ₹24,077 Cr, +23.1% on the year before.

Recent pace: the last four quarters grew +15.0% on average, against 20.8% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +14.8%, against +24.2% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +58.5%, against +51.9% a year (accelerating).

FY26-Q3. Revenue of ₹6,314 Cr (+26.6% YoY) was the highest in FY26 by absolute level. PAT of ₹77.7 Cr rose 7.2% YoY from ₹72.5 Cr in Q3 FY25. Operating margin contracted sequentially as input cost pressures resurfaced. Interest expense held at ₹46 Cr. Results filed under Regulation 47 with no concall.

Why-sources: our stock research file (17 May 2026) and the company’s own results for those quarters.

Gokul Agro Resources Ltd's operating margin was 3.5% in the Sep 2026 quarter, 0.7 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 11 years it has been between 1.4% and 2.8%. The latest quarter is above every full year in that period.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +0.7 percentage points on the year while gross margin changed +0.4 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY26-Q3. Revenue of ₹6,314 Cr (+26.6% YoY) was the highest in FY26 by absolute level. PAT of ₹77.7 Cr rose 7.2% YoY from ₹72.5 Cr in Q3 FY25. Operating margin contracted sequentially as input cost pressures resurfaced. Interest expense held at ₹46 Cr. Results filed under Regulation 47 with no concall.

Why-sources: our stock research file (17 May 2026) and the company’s own results for those quarters.

Over the last 3 years, 153% of Gokul Agro Resources Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹325 Cr of operating cash against ₹369 Cr of profit. After ₹106 Cr of spending on assets, ₹219 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 153% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: the bigger use of cash is spending on new assets, at 4.6× depreciation over three years. The next section checks what that spending is building.

Gokul Agro Resources Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 4 days in FY26, up from −3 days in FY21. It spent ₹661 Cr on assets over the last 3 years. Customers take 9 days to pay, and stock sits for 37 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹24,077 Cr, each day of that cycle ties up about ₹66.0 Cr, so roughly ₹264 Cr is tied up in the business at any time.

FY26: customers took 9 days to pay and stock sat for 37 days, about 1.2 months of sales sitting as stock, for a full cycle of 4 days, longer than FY21's −3.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 37 days. Customers pay about 9 days after that. Suppliers are paid at 43 days. Together that makes the 4-day cycle.

Spending on assets: ₹661 Cr over the last 3 years, against ₹143 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹49.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Gokul Agro Resources Ltd's P/E is 13.6×, in the middle of its own history: higher than 47% of past readings. Its usual P/E (the middle reading) is 14.1×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.