Gokul Agro Resources (GOKULAGRO) Q1 26/27 earnings summary

Executive summary

• Q1 FY27 consolidated revenue from operations was Rs 5,28,194.94 lakh (₹5,281.95 crore), up 7% YoY; PAT after minority interest and associate share was Rs 12,374.04 lakh, with reported PAT growth of 74%.

• Growth strategy spans integrated processing, exports, branded B2C products, biodiesel, capacity expansion and domestic palm-oil sourcing.

Financial highlights

• Consolidated profit before tax was Rs 15,831.75 lakh versus Rs 8,959.86 lakh YoY; PAT before minority interest and associate share was Rs 12,296.61 lakh versus Rs 7,169.54 lakh.

• Consolidated P&L EBITDA, including other income, was ₹203.94 crore, up 53% YoY; EBITDA margin was 3.86%, up 115 bps. Headline charts and narrative report EBITDA of ₹217 crore.

• Standalone revenue from operations was Rs 5,07,410.94 lakh versus Rs 4,62,494.57 lakh; standalone PAT was Rs 10,257.52 lakh versus Rs 6,420.35 lakh.

• FY26 revenue was ₹24,076.98 crore, up 23%; EBITDA was ₹716.20 crore, up 28%, and PAT was ₹386.87 crore, up 55%.

• Consolidated EPS was Rs 4.16 versus Rs 2.43 in Q1 FY26; standalone EPS was Rs 3.48 versus Rs 2.18. Figures are not annualized.

Outlook and guidance

• Capacity expansion of 8 lakh MTPA across four sites is underway; expected benefits include higher throughput, better fixed-cost absorption and lower unit costs.

• Planned captive solar plants include 4 MW in Andhra Pradesh and 4 MW in Karnataka; renewable capacity is expected to reduce overall power costs by 55%.

• Oil-palm planting covered 550 hectares in FY25–FY26, with another 900 hectares underway for completion in FY27 to support domestic feedstock and backward integration.

• Branded B2C expansion is positioned as a 3–5 year growth opportunity; successful execution is expected to improve profitability and margins.