FMCG stocks in recent times have shown good growth at the bourses. Better rural growth reflected in recent GDP data and softening of the commodity prices are the prime catalysts. These factors bode well for FMCG stocks. One such company that we saw will benefit from this is Gokul Agro Resources Limited (GARL). The company is an integrated agribusiness organisation processing various edible and non-edible oils (industrial oil) and meals. Its operations cover seed processing, seed crushing, oil refining and storage terminals. The company has a manufacturing facility in Gandhidham, Gujarat.
The company’s portfolio includes more than 25 products. Vitalife, Zaika, Mahek, Richfield, Biscopride, Puffpride, and Pride are among the brands owned by the company. The company’s revenue is made up of 86 per cent edible oils and by-products, 10 per cent non-edible oils, 2 per cent vanaspati and the rest oil cake. In Gandhidham, the company has manufacturing facilities as well as self-owned tankers and storage terminals. Its edible oil refining capacity is 2,800 MT per day and its castor oil refining capacity is 600 MT per day.
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