Gokul Refoils and Solvent Limited Net Assets

Latest as of March 2026: Rs3.63 Billion INR ≈ $39.30 Million USD

Gokul Refoils and Solvent Limited net assets. Based on the latest financial reports, Gokul Refoils and Solvent Limited (GOKUL) has net assets worth Rs3.63 Billion INR (≈ $39.30 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs9.10 Billion ≈ $98.47 Million USD) and total liabilities (Rs5.47 Billion ≈ $59.17 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore GOKUL net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs3.63 Billion
% of Total Assets	39.91%
Annual Growth Rate	6.99%
5-Year Change	19.56%
10-Year Change	31.14%
Growth Volatility	23.0

Net Assets of Gokul Refoils and Solvent Limited (2005–2026)

Net assets of Gokul Refoils and Solvent Limited from 2005 to 2026. This chart illustrates how Gokul Refoils and Solvent Limited's net assets have evolved over time, based on quarterly financial data. See Gokul Refoils and Solvent Limited balance sheet quality to measure how much of total assets are equity-financed.

Annual Net Assets for Gokul Refoils and Solvent Limited (2005–2026)

The table below shows the annual net assets of Gokul Refoils and Solvent Limited from 2005 to 2026. For live market cap and overall valuation, see Gokul Refoils and Solvent Limited (GOKUL) total market value.

Year	Net Assets	Change
2026-03-31	Rs3.63 Billion ≈ $39.30 Million	+5.46%
2025-03-31	Rs3.45 Billion ≈ $37.26 Million	+4.43%
2024-03-31	Rs3.30 Billion ≈ $35.68 Million	+0.53%
2023-03-31	Rs3.28 Billion ≈ $35.49 Million	+7.98%
2022-03-31	Rs3.04 Billion ≈ $32.87 Million	+9.59%
2021-03-31	Rs2.77 Billion ≈ $29.99 Million	-9.06%
2020-03-31	Rs3.05 Billion ≈ $32.98 Million	+6.84%
2019-03-31	Rs2.85 Billion ≈ $30.87 Million	+4.50%
2018-03-31	Rs2.73 Billion ≈ $29.54 Million	-1.43%
2017-03-31	Rs2.77 Billion ≈ $29.97 Million	+0.04%
2016-03-31	Rs2.77 Billion ≈ $29.96 Million	-26.72%
2015-03-31	Rs3.78 Billion ≈ $40.88 Million	+2.81%
2014-03-31	Rs3.68 Billion ≈ $39.76 Million	+1.68%
2013-03-31	Rs3.62 Billion ≈ $39.11 Million	+3.43%
2012-03-31	Rs3.50 Billion ≈ $37.81 Million	-22.75%
2011-03-31	Rs4.53 Billion ≈ $48.95 Million	+16.93%
2010-03-31	Rs3.87 Billion ≈ $41.86 Million	+8.17%
2009-03-31	Rs3.58 Billion ≈ $38.70 Million	+78.67%
2008-03-31	Rs2.00 Billion ≈ $21.66 Million	+61.73%
2007-03-31	Rs1.24 Billion ≈ $13.39 Million	+27.83%
2006-03-31	Rs968.75 Million ≈ $10.48 Million	+10.20%
2005-03-31	Rs879.10 Million ≈ $9.51 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Gokul Refoils and Solvent Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 273735600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Gokul Refoils and Solvent Limited Net Assets Breakdown (March 2026)

Gokul Refoils and Solvent Limited net assets breakdown by equity component as of March 2026.

Component	Amount	Percentage
Retained Earnings	Rs2.74 Billion	75.33%
Common Stock	Rs197.99 Million	5.45%
Other Comprehensive Income	Rs698.62 Million	19.22%
Total Equity	Rs3.63 Billion	100.00%

Gokul Refoils and Solvent Limited Competitors by Market Cap

The table below lists competitors of Gokul Refoils and Solvent Limited ranked by their market capitalization.

Company	Market Cap
Ryde Group Ltd. NYSE MKT:RYDE	$38.07 Million
Appasia Bhd KLSE:0119	$38.08 Million
Chi Hua Fitness Co Ltd TWO:1593	$38.10 Million
Vroom, Inc. Common Stock NASDAQ:VRM	$38.11 Million
Aarvee Denims & Exports Limited NSE:AARVEEDEN	$38.07 Million
Roscan Gold Corp V:ROS	$38.07 Million
MS Industrie AG F:MSAG	$38.06 Million
Rhone Ma Holdings Bhd KLSE:5278	$38.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gokul Refoils and Solvent Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 3,445,707,000 to 3,633,968,000, a change of 188,261,000 (5.5%).
Net income of 184,782,000 contributed positively to equity growth.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs184.78 Million	+5.08%
Other Changes	Rs3.48 Million	+0.1%
Total Change	Rs-	5.46%

Book Value vs Market Value Analysis

This analysis compares Gokul Refoils and Solvent Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 0.97x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
The price-to-book ratio has decreased from 3.72x to 0.97x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs9.55	Rs35.56	x
2006-03-31	Rs10.52	Rs35.56	x
2007-03-31	Rs13.45	Rs35.56	x
2008-03-31	Rs21.52	Rs35.56	x
2009-03-31	Rs28.31	Rs35.56	x
2010-03-31	Rs29.35	Rs35.56	x
2011-03-31	Rs34.32	Rs35.56	x
2012-03-31	Rs26.51	Rs35.56	x
2013-03-31	Rs27.42	Rs35.56	x
2014-03-31	Rs27.88	Rs35.56	x
2015-03-31	Rs28.66	Rs35.56	x
2016-03-31	Rs21.00	Rs35.56	x
2017-03-31	Rs21.01	Rs35.56	x
2018-03-31	Rs20.71	Rs35.56	x
2019-03-31	Rs21.64	Rs35.56	x
2020-03-31	Rs23.12	Rs35.56	x
2021-03-31	Rs28.01	Rs35.56	x
2022-03-31	Rs30.70	Rs35.56	x
2023-03-31	Rs33.15	Rs35.56	x
2024-03-31	Rs33.33	Rs35.56	x
2025-03-31	Rs35.07	Rs35.56	x
2026-03-31	Rs36.78	Rs35.56	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gokul Refoils and Solvent Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 5.08%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.45%
• Asset Turnover: 4.53x
• Equity Multiplier: 2.51x
Recent ROE (5.08%) is below the historical average (6.73%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	22.74%	1.85%	3.70x	3.33x	Rs112.00 Million
2006	11.37%	0.88%	4.34x	2.97x	Rs13.28 Million
2007	21.57%	1.71%	3.42x	3.69x	Rs143.31 Million
2008	29.65%	2.86%	2.38x	4.35x	Rs393.58 Million
2009	8.69%	1.08%	3.06x	2.63x	Rs-46.89 Million
2010	9.86%	1.29%	2.33x	3.28x	Rs-5.33 Million
2011	15.39%	1.44%	3.27x	3.27x	Rs244.17 Million
2012	-30.92%	-1.66%	1.84x	10.09x	Rs-1.43 Billion
2013	2.73%	0.17%	2.31x	7.08x	Rs-262.77 Million
2014	0.97%	0.06%	2.95x	5.86x	Rs-331.87 Million
2015	2.43%	0.16%	2.90x	5.37x	Rs-286.29 Million
2016	4.03%	0.33%	3.14x	3.91x	Rs-165.48 Million
2017	2.22%	0.17%	3.32x	3.84x	Rs-215.60 Million
2018	3.31%	0.46%	3.08x	2.34x	Rs-182.66 Million
2019	4.15%	0.54%	3.60x	2.13x	Rs-167.12 Million
2020	6.49%	0.92%	3.59x	1.96x	Rs-107.15 Million
2021	7.38%	0.83%	3.49x	2.54x	Rs-72.77 Million
2022	8.73%	0.87%	3.62x	2.77x	Rs-38.70 Million
2023	7.35%	0.77%	3.72x	2.57x	Rs-86.81 Million
2024	0.55%	0.06%	4.09x	2.24x	Rs-311.81 Million
2025	4.30%	0.42%	4.57x	2.23x	Rs-196.49 Million
2026	5.08%	0.45%	4.53x	2.51x	Rs-178.61 Million

Industry Comparison

This section compares Gokul Refoils and Solvent Limited's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

Industry: Packaged Foods
Average net assets among peers: $8,394,814,466
Average return on equity (ROE) among peers: 15.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Gokul Refoils and Solvent Limited (GOKUL)	Rs3.63 Billion	22.74%	1.51x	$38.07 Million
ADF Foods Limited (ADFFOODS)	$1.53 Billion	5.78%	0.32x	$305.12 Million
Ajooni Biotech Limited (AJOONI)	$72.00K	-12.50%	0.03x	$5.35 Million
Agro Tech Foods Limited (ATFL)	$1.51 Billion	16.68%	0.64x	$365.36 Million
Avanti Feeds Limited (AVANTIFEED)	$1.80 Billion	39.21%	1.22x	$998.55 Million
Adani Wilmar Limited (AWL)	$25.71 Billion	17.93%	3.58x	$2.30 Billion
Bombay Burmah Trading Corporation Limited (BBTC)	$29.10 Billion	13.27%	0.76x	$940.48 Million
Mrs. Bectors Food Specialities Limited (BECTORFOOD)	$2.95 Billion	11.25%	0.96x	$691.19 Million
Bikaji Foods International Limited (BIKAJI)	$12.16 Billion	21.85%	0.26x	$1.26 Billion
Britannia Industries Limited (BRITANNIA)	$7.02 Billion	25.13%	0.96x	$12.84 Billion
CCL Products (India) Limited (CCL)	$2.17 Billion	12.18%	1.41x	$1.36 Billion

About Gokul Refoils and Solvent Limited

NSE:GOKUL India Packaged Foods

Market Cap

$38.07 Million

Rs3.52 Billion INR

Market Cap Rank

#22698 Global

#1249 in India

Share Price

Rs35.56

Change (1 day)

+0.88%

52-Week Range

Rs31.72 - Rs44.98

All Time High

Rs68.21