Gokul Agro Resources FY26 Net Profit Rises 51% to INR 370 Crore; Results Published Under Regulation 47
Gokul Agro Resources delivered record FY26 consolidated results with net profit rising 51% to INR 370.07 crore and revenue growing 23% to INR 24,077 crore. The Board approved Rs. 430 crore capex for capacity expansion and a Rs. 12.50 crore solar power project, while results were published in newspapers under Regulation 47 on May 16, 2026.

*this image is generated using AI for illustrative purposes only.
Gokul Agro Resources Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the standalone and consolidated financial results at their meeting held on May 15, 2026, reporting all-time highest growth across key parameters. The company achieved a consolidated net profit of INR 370.07 crore for FY26, a significant increase from INR 245.66 crore in the previous year. In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the audited standalone and consolidated financial results were published in Free Press (English) and Lokmitra (Gujarati), Ahmedabad Edition on May 16, 2026, and are also available on the company's website at www.gokulagro.com .
Consolidated Financial Performance
The company delivered robust consolidated results for the financial year, with revenue from operations growing 23% to INR 24,077 crore from INR 19,551 crore in FY25. Consolidated EBITDA increased by 27% to INR 716 crore, with margins improving to 2.97% from 2.88%. The following table summarizes the key consolidated financial metrics:
| Parameter: | FY 2026 | FY 2025 | Variance | Q4 FY 2026 | Q4 FY 2025 | Variance |
|---|---|---|---|---|---|---|
| Revenue (INR Crore): | 24,077 | 19,551 | +23% | 6,200 | 5,462 | +13.5% |
| EBITDA (INR Crore): | 716 | 562 | +27% | 190 | 122 | — |
| EBITDA Margin: | 2.97% | 2.88% | — | 3.14% | 2.24% | — |
| PBT (INR Crore): | 485 | 325 | +49% | 148 | 70 | +111% |
| PAT (INR Crore): | 370.07 | 245.66 | +51% | 119.19 | 48.77 | — |
| Basic EPS (Rs.): | 12.52 | 8.32 | — | 4.03 | 1.65 | — |
Total sales volume increased to 19,20,089 MT during FY26 from 16,99,821 MT in FY25, registering a year-on-year growth of 13%. This growth was driven by market expansion across domestic and international geographies, including new markets in the southwestern region through the Mangalore refinery.
Standalone Financial Performance
On a standalone basis, Gokul Agro Resources also reported strong performance for the financial year and quarter. The following table presents the key standalone financial metrics (Rs. in Lakhs):
| Parameter: | Q4 FY 2026 (Audited) | Q3 FY 2026 (Unaudited) | Q4 FY 2025 (Audited) | FY 2026 (Audited) | FY 2025 (Audited) |
|---|---|---|---|---|---|
| Revenue from Operations: | 5,77,601.64 | 5,67,134.13 | 4,32,349.41 | 22,12,149.30 | 17,11,399.46 |
| Net Profit Before Tax: | 13,123.42 | 8,965.25 | 5,496.40 | 42,278.54 | 27,227.88 |
| Net Profit After Tax: | 10,430.48 | 6,249.49 | 3,527.92 | 31,747.85 | 20,005.74 |
Operational Highlights
The company's Profit Before Tax (PBT) and PBT margins saw year-on-year growth of 49% and 21% respectively in FY26. This improvement was attributed to cost control measures, robust raw material procurement, rationalizing debt, lowered finance costs, and prudent risk management practices for commodity hedging. EBITDA margins improved due to better operational efficiencies and an optimized working capital cycle.
Mr. Kanubhai Thakkar, Chairman & Managing Director, expressed satisfaction with the exponential growth, noting that the record-high EPS was driven by strong sales volumes in the Indian market and successful expansion of the export footprint. He emphasized that growth is supported by a robust in-house supply chain, procurement capabilities, and a diversified product basket.
Board Decisions
The Board approved a capital expenditure of Rs. 430 crore for capacity expansion at its existing manufacturing units across all plants. This investment aims to enhance capacity by 2,600 MT per day, an increase of 46%, to be completed within 12 to 18 months. Additionally, the Board approved a Solar Power Project for Rs. 12.50 crore for captive use at the Krishnapatnam plant in Andhra Pradesh.
The Board appointed Mr. Rajesh Chhaganbhai Tarpara and Dr. Pritha Dev as Non-Executive Independent Directors for a period of five years effective from May 15, 2026, subject to shareholder approval. The company will conduct a postal ballot to seek shareholder approval for these appointments.
Historical Stock Returns for Gokul Agro Resources
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.55% | -2.79% | +11.01% | +10.42% | +79.51% | +1,501.33% |
How will the planned 46% capacity expansion impact Gokul Agro's market share and competitive positioning in the edible oil sector over the next 2-3 years?
Could the new Mangalore refinery's southwestern market penetration serve as a blueprint for further regional expansions into untapped domestic geographies?
How might fluctuations in global vegetable oil commodity prices affect Gokul Agro's ability to sustain its improving EBITDA margins beyond FY26?





























