Gokaldas Exports Limited share price

NSE: GOKEX · ISIN INE887G01027

Key numbers

Market cap
₹ 5,053 Cr
Current price
₹ 689.60
52-week high / low
₹ 955 / 531
Stock P/E
51.8
Book value
₹ 295.0
Dividend yield
0.00%
ROCE
7.9%
ROE
4.7%
Debt to equity
0.59
Sales growth (3 yrs)
20.9%
Profit growth (3 yrs)
-16.7%
1-year return
-12.9%

About Gokaldas Exports Limited

Gokaldas Exports Limited designs, manufactures, and sells a range of garments in India. The company offers fashion wear, outerwear, bottom wear, casualwear, and sportswear, such as jackets, pants, tops/shirts, and other products for men, women, and children. It serves international fashion brands and retailers. The company also exports its products to approximately 50 countries worldwide. Gokaldas Exports Limited was incorporated in 1979 and is based in Mumbai, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9569849791,0691,154
Operating profit975475109107
Net profit418153644
EPS (₹)5.731.102.004.916.05

Concall summary (2026-08-19)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • This is expected to grow by another 30% in the near future.
  • And earlier in the last earnings call, you had indicated that you are targeting 15% plus growth in this financial.

Growth & demand

  • Our India business grew 16% year-on-year, supported in part by the transition to the lower tariff regime under Section 122, following the wind down of earlier IEEPA reciprocal tariff.
  • The significance of the growth is best understood in the context Indian apparel exports as a whole declined 12% year-on-year during the same period.

Margins & costs

  • Consolidated EBITDA rose 17% year-on-year, with India operations up 14%.
  • In Karnataka, the wage increase was 5%, which is really CPI linked, which is the annual DA increa se, which indexes the minimum wage to inflation.

Capex & expansion

  • The unit has secured nominations from multiple brands for fabric sourcing, has started exporting fabrics as well and it's operating at a capacity of about 50 lakh meters a month.
  • Increasing capacity utilization, the investment in product mix and rising average realization will help in margin growth of BTPL.

Balance sheet & cash

  • Against these pressures, we optimized overhead and grew on operating leverage to limit the financial impact.
  • We continue to look for ways to optimize our working capital with challenges like long shipping lead times notwithstanding.

Peers in Apparel Manufacturing

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