About Gokul Agro Resources Limited (GARL)

Gokul Agro Resources Limited (GARL) is a public limited company incorporated under the Companies Act, 2013, and listed on both BSE and NSE. Headquartered in India, GARL is engaged in the manufacturing and trading of edible and non-edible oils, oil meals, and other agro-based products, serving both household consumers and industrial clients across domestic and international markets.

 

The Company’s product portfolio spans:

• Edible oils – soybean, cottonseed, sunflower, and vanaspati
• Non-edible oils – castor oil and derivatives
• Agro commodities – oil cakes, de-oiled cakes, oilseeds, and other related products

All activities are classified under a single operating segment — “Agro-based commodities”, as per Ind AS 108. GARL’s integrated operations span the entire value chain, from procurement to processing, packaging, and export, ensuring high efficiency and quality consistency.

 

Manufacturing Footprint and Scale

GARL has developed a strong coastal manufacturing footprint, which provides competitive access to raw materials and export logistics:

• Krishnapatnam (Andhra Pradesh) and Haldia (West Bengal) units operated at full capacity through FY 2024–25.
• Mangalore (Karnataka): In FY 2024–25, the Company acquired refinery assets from Sri Anagha Refineries Pvt. Ltd. for Rs 105.53 crore, bolstering its southern presence and export connectivity.

These strategic locations enable GARL to serve over 1,000 distributors across India, while maintaining a strong export base supported by its coastal proximity and integrated logistics systems.

FY 2024–25 marked the Company’s 11th Annual Report, reflecting over a decade of consistent operations and growth as a listed entity.

 

Group Structure

During the reporting year, the Gokul Agro Group comprised:

• Two subsidiaries
• Three step-down subsidiaries
• One associate of a step-down subsidiary

Additionally, the step-down subsidiary PT. Riya Palm Lestari (Indonesia) was voluntarily wound up on February 25, 2025, and ceased to be part of the Group.

 

Key Milestones (FY 2024–25)

• Full-year commissioning of coastal facilities at Krishnapatnam and Haldia, improving operational efficiency.
• Acquisition of edible oil refinery assets at Mangalore, expanding domestic reach and export infrastructure.
• Participation in the National Mission on Edible Oils (NMEO) with oil palm plantation over 100.73 hectares in Ananthapur District, Andhra Pradesh, contributing to India’s edible oil self-reliance initiative.

Key Management

• Mr. Kanubhai J. Thakkar – Chairman & Managing Director
• Mr. Jayesh K. Thakkar – Managing Director
• Mr. Hitesh T. Thakkar – Whole-time Director & Chief Executive Officer
• Ms. Dhara Chhapia – Chief Financial Officer
• Mr. Jaimish Govindbhai Patel – Company Secretary & Compliance Officer

Latest Updates on Gokul Agro Resources Limited

• Strategic Capacity Expansion:
  Acquired Mangalore refinery assets from Sri Anagha Refineries Pvt. Ltd. for Rs 105.53 crore, strengthening presence in southern India and improving supply chain integration for both domestic and export markets.
• Operational Ramp-up:
  Full-year operations at Krishnapatnam and Haldia facilities enhanced logistical efficiency and responsiveness to demand fluctuations across India and international markets.
• Agricultural Development Initiative:
  Under the National Mission on Edible Oils (NMEO), GARL began oil palm cultivation across 100.73 hectares in Ananthapur, Andhra Pradesh, reinforcing its alignment with national goals for agricultural sustainability and self-reliance.
• Group Structure Update:
  PT. Riya Palm Lestari (Indonesia), a wholly owned step-down subsidiary, was voluntarily wound up on February 25, 2025, ceasing to be part of the Group’s structure.
• Governance and Authorisations:
  Shareholders approved special resolutions at the AGM held on August 29, 2024, including:
  • Creation of charge on assets up to Rs 4,000 crore
  • Amendments to the Object Clause and Articles of Association
• Credit Ratings:
  CRISIL reaffirmed CRISIL A-/Stable for long-term bank facilities and CRISIL A2+ for short-term instruments, indicating continued financial stability and credibility.

Performance Highlights:
FY 2024–25 recorded GARL’s highest-ever revenue and net profit, underscoring the resilience of its integrated business model, strong execution, and demand recovery across product categories.