
Gokul Refoils and Solvent Share Price Target 2027: 14.7% Upside to Rs 43.1, Bull Rs 51.6
Gokul Refoils and Solvent share price Rs 37.59 (12 November 2026). Base target Rs 43.1, bull Rs 51.6, downside risk Rs 28.7. PE 17.19. 52W range Rs 31.00 to Rs 46.80.
Updated: 12 Nov 2026 • 10:02 am
Posted by:

Quick Answer
The Gokul Refoils and Solvent share price target for 2027 is Rs 43.1, about 14.7% above the current price of Rs 37.59. The bull case is Rs 51.6, and the downside risk level, which is not a target, is Rs 28.7. The base case assumes earnings per share grow 20.0% a year, a cap applied because the FY24 to FY26 pace was 222.3%, with the stock holding its PE of 17.19. These are model-based estimates built from reported financials, not guaranteed outcomes.
Investors weighing a Gokul Refoils and Solvent target price for 2027 should start with where the stock sits today. At Rs 37.59 on 12 November 2026, it is 19.7% below its 52-week high of Rs 46.80 and 21.3% above its 52-week low of Rs 31.00. That range spans 51% from low to high, so the entry point matters as much as the Gokul Refoils and Solvent price forecast itself.
This article builds the Gokul Refoils and Solvent share price target from reported numbers only: five years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario states its assumptions, so you can trace how the base case, the bull case and the downside risk level were reached and test them against your own view.
Click Here – Get Free Investment Predictions
Gokul Refoils and Solvent Stock Analysis: Company Overview and Key Stats
Gokul Refoils and Solvent (NSE: GOKUL) has a market capitalisation of Rs 356.00 crore. In FY26 it reported revenue of Rs 4,153 crore and net profit of Rs 18.48 crore. The table collects the figures the Gokul Refoils and Solvent share price target is built on.
| Metric | Value |
|---|---|
| Company | Gokul Refoils and Solvent |
| NSE Ticker | GOKUL |
| CMP (12 November 2026) | Rs 37.59 |
| 52-Week High | Rs 46.80 |
| 52-Week Low | Rs 31.00 |
| Market Cap | Rs 356.00 crore |
| PE Ratio (TTM) | 17.19 |
| Industry PE | 10.86 |
| Price to Book | 0.98 |
| Return on Equity | 5.08% |
| Debt to Equity | 1.05 |
| EPS (TTM) | Rs 2.09 |
| Dividend Yield | 0.00% |
| 12-Month Base Target | Rs 43.1 |
| Bull Case | Rs 51.6 |
| Downside Risk Level (not a target) | Rs 28.7 |
Why Is Gokul Refoils and Solvent Share Price Target Set at Rs 43.1 for 2027?
The arithmetic is short. Trailing EPS of Rs 2.09 grown for one year gives a forward EPS estimate of Rs 2.51, and multiplying it by the unchanged PE of 17.19 gives the Rs 43.1 base-case Gokul Refoils and Solvent stock target. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.
Earnings Growth Behind the Gokul Refoils and Solvent Target Price: Five Years of Results
Gokul Refoils and Solvent grew revenue from Rs 3,074 crore in FY22 to Rs 4,153 crore in FY26, a compound annual growth rate of 7.8%. Net profit grew more slowly, from Rs 26.52 crore to Rs 18.48 crore (-8.6% a year), which points to margin pressure alongside the sales growth.
| Financial Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Dividend per Share (Rs) |
|---|---|---|---|---|
| FY22 | 3,074.50 | 26.52 | 2.68 | 0.00 |
| FY23 | 3,146.91 | 24.14 | 2.44 | 0.00 |
| FY24 | 3,038.37 | 1.81 | 0.18 | 0.00 |
| FY25 | 3,539.30 | 14.81 | 1.50 | 0.00 |
| FY26 | 4,152.88 | 18.48 | 1.87 | 0.00 |
FY26 revenue growth was 17.3%, faster than the four-year average of 7.8%, and net profit moved up 24.8%. EPS rose from Rs 0.18 in FY24 to Rs 1.87 in FY26. The FY27 outlook for the Gokul Refoils and Solvent price target depends on whether that EPS estimate keeps compounding.
Margins and the Latest Quarter
Gokul Refoils and Solvent converted 0.4% of FY26 revenue into net profit, against 0.4% in FY25, within a five-year range of 0.1% to 0.9%. EBITDA margin was 1.7% in FY26 versus 1.8% in FY25.
In the June 2026 quarter, revenue was Rs 1,020 crore, up 9.8% from the same quarter a year earlier, while net profit of Rs 6.08 crore was up 57.5%. EBITDA came in at Rs 20.06 crore, up 19.2% year on year. The next quarterly result is the first test of whether the earnings assumption behind the Gokul Refoils and Solvent stock target holds.
Balance Sheet and Cash Flow
Debt to equity stands at 1.05, and shareholders' equity grew from Rs 303.94 crore in FY22 to Rs 363.40 crore in FY26. Operating cash flow in FY26 was Rs 33.83 crore against capital expenditure of Rs 8.39 crore, leaving free cash flow of Rs 25.44 crore, or 7.1% of the current market capitalisation. In FY25 free cash flow was Rs 7.37 crore.
Valuation Check for the Gokul Refoils and Solvent Stock Target: PE, Price to Book and ROE
At a PE of 17.19 against an industry PE of 10.86, Gokul Refoils and Solvent trades at a premium to its industry. Price to book is 0.98 on a book value of Rs 36.71 per share, and return on equity is 5.08%. A PE of 17.19 equals an earnings yield of 5.8%, and the FY26 dividend of Rs 0.00 per share gives a yield of 0.00%.
Shareholding Pattern and Institutional Holding
Promoters held 74.00% of Gokul Refoils and Solvent in September 2026, and promoter holding rose from 72.81% in September 2025 to 74.00% in September 2026. Foreign institutional investors (FII) held 0.78% and domestic institutions (DII) held 0.00%, which puts total institutional holding at 0.78%. FII holding rose from 0.29% in September 2025 to 0.78% in September 2026. Public shareholders own the remaining 25.22%. Institutional holding this low means the stock sees limited professional coverage, and price moves can be sharper when trading volumes are thin.
Gokul Refoils and Solvent Share Price Targets for the Short Term and 12 Months
Short Term Gokul Refoils and Solvent Stock Target Levels: Technical Setup
At Rs 37.59 on 12 November 2026, Gokul Refoils and Solvent trades below its 50-day simple moving average of Rs 38.48 and below its 200-day exponential moving average of Rs 39.81. The 14-day RSI reads 74.5, which is overbought territory, and the MACD line sits above its signal line. The nearest resistance level is Rs 38.48 (50-day simple moving average) and the nearest support is Rs 31.00 (52-week low). A sustained move above Rs 38.48 would improve the short-term setup, while a close below Rs 31.00 would shift attention to the next support.
12 Month Gokul Refoils and Solvent Target Price for 2027
The 12-month target of Rs 43.1 means a move of 14.7% up from Rs 37.59 over the next 12 months. It would still leave the stock 7.9% below its 52-week high of Rs 46.80. Anyone checking the Gokul Refoils and Solvent share price target against their own view should focus on two inputs: the EPS estimate and the PE multiple.
How EPS Growth and PE Multiple Change the Gokul Refoils and Solvent Target Price
| EPS Growth | PE 13.75 | PE 17.19 | PE 19.77 |
|---|---|---|---|
| 0.0% (EPS Rs 2.09) | Rs 28.7 | Rs 35.9 | Rs 41.3 |
| 20.0% (EPS Rs 2.51) | Rs 34.5 | Rs 43.1 | Rs 49.6 |
| 25.0% (EPS Rs 2.61) | Rs 35.9 | Rs 44.9 | Rs 51.6 |
Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Gokul Refoils and Solvent price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.
Bull Case and Downside Risk for Gokul Refoils and Solvent Stock Target in 2027
Bull Case Rs 51.6
The bull case Gokul Refoils and Solvent price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 2.61, and a PE multiple that rises 15% to 19.77. That gives Rs 51.6, 37.3% above the current price and above the 52-week high of Rs 46.80, so the stock would have to set a fresh 52-week high.
Downside Risk Level Rs 28.7
The downside risk level is not a target. It assumes EPS stays flat at Rs 2.09 and the PE falls 20% to 13.75. That gives Rs 28.7, 23.6% below the current price and below the 52-week low of Rs 31.00.
| Scenario | EPS Growth | PE Multiple | Price (Rs) | Change vs CMP |
|---|---|---|---|---|
| Bull Case | 25.0% | 19.77 | Rs 51.6 | +37.3% |
| Base Case | 20.0% | 17.19 | Rs 43.1 | +14.7% |
| Downside Risk | 0.0% | 13.75 | Rs 28.7 | -23.6% |
Key Risks to the Gokul Refoils and Solvent Target Price for 2027
Growth Slowdown Risk for the Gokul Refoils and Solvent Price Target
Revenue in the June 2026 quarter was up 9.8% year on year, and FY26 revenue growth was 17.3%. If growth slows from here, the EPS estimate behind the Gokul Refoils and Solvent stock target will need revising.
Liquidity and Size Risk
Gokul Refoils and Solvent has a market capitalisation of Rs 356.00 crore. Institutional holding is 0.78%, and promoters hold 74.00%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.
Valuation and Margin Risk
Net margin was 0.4% in FY26, so a small slip in costs moves profit noticeably. At a PE of 17.19 versus an industry PE of 10.86, a de-rating toward the downside-risk PE of 13.75 would cut the price even if earnings hold.
Market and Technical Risk
Technical indicators add short-term risk: the 14-day RSI is 74.5 and the MACD sits above its signal line. A broad fall in the Nifty 50 or the Sensex can override company fundamentals for weeks at a time. That applies to any Gokul Refoils and Solvent stock target, however carefully it is built.
How to Invest in Gokul Refoils and Solvent
Start with the live price and volume. Any Gokul Refoils and Solvent share price target is only as current as the data behind it, and the data here is as of 12 November 2026, so refresh the Rs 37.59 price before acting on any level.
Next, review the fundamentals yourself. The Univest Screener lets you check Gokul Refoils and Solvent's PE, ROE, debt and shareholding in one place.
Check Gokul Refoils and Solvent fundamentals on the Univest Screener
Then compare the three Gokul Refoils and Solvent target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.
Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.
Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.
Download the Univest iOS App or Univest Android App to track Gokul Refoils and Solvent live price and get daily stock recommendations.
Conclusion
The Gokul Refoils and Solvent share price target for 2027 is Rs 43.1 in the base case, with Rs 51.6 as the bull case. The support for that view is arithmetic you can check: EPS grew 222.3% a year over FY24 to FY26, and the stock trades at a PE of 17.19. The risks are equally concrete, including a PE of 17.19 that sits above the industry PE of 10.86 and a downside scenario that cuts the price 24% if earnings stall. Use these numbers as a framework for judging the Gokul Refoils and Solvent price target, check them against the latest filings, and size any position to your own risk appetite.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Gokul Refoils and Solvent Share Price Target 2027
What is the Gokul Refoils and Solvent share price target for 2027?
Ans. The base-case Gokul Refoils and Solvent share price target for 2027 is Rs 43.1, which is 14.7% above the price of Rs 37.59 on 12 November 2026. The bull case is Rs 51.6 and the downside risk level, which is not a target, is Rs 28.7. All three come from one method: forward EPS multiplied by a PE multiple, using only reported results. They are model estimates and not guaranteed outcomes, and the next quarterly result is the first check on the EPS assumption.
What is the Gokul Refoils and Solvent share price today?
Ans. As of 12 November 2026, 9:28 AM IST, Gokul Refoils and Solvent (NSE: GOKUL) trades at Rs 37.59, up 0.24% on the day. That is 19.7% below the 52-week high of Rs 46.80 and 21.3% above the 52-week low of Rs 31.00. The market capitalisation of Rs 356.00 crore places it among small-cap stocks. Prices change through the trading session, so check the live quote before acting on any level in this article.
Is Gokul Refoils and Solvent a buy or sell at the current price?
Ans. The data points both ways. On the positive side, EPS has grown 222.3% a year over FY24 to FY26 and the base case implies 14.7% upside; on the cautious side, the PE of 17.19 sits above the industry PE of 10.86, and the downside risk level of Rs 28.7 is 24% below the current price. Whether Gokul Refoils and Solvent fits your portfolio depends on your time horizon, position size and risk appetite. Consult a SEBI-registered advisor before investing, as this article is not investment advice.
What are the bull case target and downside risk level for Gokul Refoils and Solvent shares?
Ans. The bull case in the Gokul Refoils and Solvent share price target for 2027 is Rs 51.6, which assumes 25.0% EPS growth and a PE of 19.77, a 15% re-rating from today's multiple. That is 37.3% above the current price and above the 52-week high of Rs 46.80, so the stock would have to set a fresh 52-week high. The downside risk level is Rs 28.7, which assumes flat EPS and a PE of 13.75, 20% lower than today. It sits 23.6% below the current price and below the 52-week low of Rs 31.00, and it marks a risk to watch, not a target.
What are the main risks to the Gokul Refoils and Solvent price target?
Ans. Four risks matter most for the Gokul Refoils and Solvent share price target: slower revenue or profit growth, a PE de-rating, thin liquidity or size risk, and weakness in the broader market. With a market capitalisation of Rs 356.00 crore, the stock can move sharply on small volumes, and exits can take longer than entries. A fall to the downside-risk PE of 13.75 would cut the price even if earnings hold.
What is the PE ratio of Gokul Refoils and Solvent and how does it compare with the industry?
Ans. The PE ratio of Gokul Refoils and Solvent is 17.19, against an industry PE of 10.86, which is a premium to the industry. Price to book is 0.98 and return on equity is 5.08%, and the PE equals an earnings yield of 5.8%. The base case holds the PE unchanged, so the Gokul Refoils and Solvent share price target moves only with earnings, while the bull and downside scenarios change the multiple by +15% and -20%.
Who owns Gokul Refoils and Solvent, and what is the promoter holding?
Ans. Promoters held 74.00% of Gokul Refoils and Solvent in September 2026. FII held 0.78%, DII held 0.00% and the public held 25.22%. Together the two institutional groups hold 0.78%. Shareholding is filed every quarter, so it is worth rechecking after each result.
What were Gokul Refoils and Solvent's latest quarterly results?
Ans. In the June 2026 quarter, Gokul Refoils and Solvent reported revenue of Rs 1,020 crore (up 9.8% year on year) and net profit of Rs 6.08 crore (up 57.5%). For comparison, FY26 full-year revenue growth was 17.3% and net profit moved up 24.8%. Each new quarter either supports or weakens the EPS growth of 20.0% assumed in the base case.
Recent Articles

Jefferies Stock Picks as FPI Inflows Return: The 12 Names on Its Radar, the Three Ownership Screens Behind Them, $61 Billion of Outflows Since 2024, and What the List Does Not Say
11 November 2026

Sensex and Nifty Hit an Eight-Month High as Foreign Investors Return: Levels on 11 November, FPI Flow Numbers and Why They Differ, the Crude and AI Link, and What Could Reverse the Rally
11 November 2026

Vakrangee Share Price Target 2027: What Earnings Say About Rs 6.98 and Rs 8.03
11 November 2026

Union Bank of India Share Price Target 2027: Rs 227 Base, Rs 274 Bull and the Risks to Watch
11 November 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
Jefferies Stock Picks as FPI Inflows Return: The 12 Names on Its Radar, the Three Ownership Screens Behind Them, $61 Billion of Outflows Since 2024, and What the List Does Not Say
Sensex and Nifty Hit an Eight-Month High as Foreign Investors Return: Levels on 11 November, FPI Flow Numbers and Why They Differ, the Crude and AI Link, and What Could Reverse the Rally
Vakrangee Share Price Target 2027: What Earnings Say About Rs 6.98 and Rs 8.03
Union Bank of India Share Price Target 2027: Rs 227 Base, Rs 274 Bull and the Risks to Watch
Trident Share Price Target 2027: Is Rs 24.3 Realistic? Bull Case Points to Rs 29.7
Popular this week
Technocraft Industries Share Price Target 2027: Can It Reach Rs 3,574? Base Case at Rs 2,940

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





