Gokaldas Exports Ltd logo

Gokaldas Exports Ltd

GOKEX NSE

Key Fundamentals

MicrocapTextiles & ApparelsTextiles
Market Cap
₹5,932 Cr
Volatility
Moderate
P/E Ratio
57.82
EBITDA
₹356 Cr
Return on Equity
7.62%
Debt to Equity
0.59
Book Value
₹294.84
EPS
₹17.59
52W High
₹954.9
52W Low
₹531

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

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49 extracted metrics + investor summaries across FY15–FY26.

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Tapetide Score

Data-driven rating, 0–100. How it works →

Technical Indicators

Key Insights

Weaknesses

5
  • Stock is trading at 2.73 times its book value
  • Promoter holding is low: 9.15%
  • Company has a low return on equity of 7.14% over last 3 years.
  • Promoters have pledged 96.3% of their holding.
  • Dividend payout has been low at 1.50% of profits over last 3 years

Growth Rate

Revenue Growth
1.80% ↘
Net Income Growth
-43.96% ↘
Cash Flow Change
132.31% ↗
ROE
-24.85% ↘
ROCE
2.03% ↗
EBITDA Margin (Avg.)
-18.95% ↘

AI Analysis — Bull vs Bear

Anthropic anthropic claude-opus-4.6 18d ago
AI opinion · based on fundamentals
Risk high

Gokaldas Exports Ltd is a mid-cap textile/garment exporter with a market cap of ₹5,967 Cr trading at a PE of 58.8x. The company delivered strong 5-year sales CAGR of 27% but recent performance has deteriorated with TTM profit declining 27% and ROE falling to 5% last year, while promoter holding remains critically low at 9.15% with 96.3% of that pledged.

Bull Case 7
  • Strong 5-year compounded sales growth of 27% CAGR indicates sustained revenue expansion in the garment export business
  • 5-year compounded profit growth of 32% CAGR shows the company has demonstrated ability to scale earnings over a longer horizon
  • 5-year stock CAGR of 32% reflects significant long-term wealth creation for shareholders
  • 10-year stock CAGR of 22% demonstrates consistent long-term re-rating and compounding
  • 3-year compounded sales growth of 22% suggests the business has maintained double-digit topline momentum over a medium-term period
  • 10-year compounded profit growth of 19% shows the company has a track record of earnings growth across cycles
  • TTM sales growth of 3% indicates the company is still growing revenue despite a challenging demand environment for textile exports
Bear Case 8
  • Promoters have pledged 96.3% of their holding, creating severe risk of forced selling or loss of control in a downturn
  • Promoter holding is extremely low at just 9.15%, raising corporate governance and alignment-of-interest concerns
  • TTM compounded profit has declined 27%, indicating sharp near-term earnings deterioration
  • PE ratio of 58.8x is elevated for a textile company with declining recent profitability, suggesting limited margin of safety
  • 3-year compounded profit CAGR is negative at -14%, showing sustained earnings pressure over the medium term
  • Return on equity has fallen to just 5% last year from a 5-year average of 10%, indicating weakening capital efficiency
  • 3-year average ROE of only 7% is below cost of equity for most investors, implying inadequate returns on capital
  • Dividend payout has been just 1.50% of profits over the last 3 years with a yield of only 0.12%, offering negligible income to shareholders

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

Anthropic anthropic claude-opus-4.6 15d ago
Neutral 1
  • BRFL amalgamation shareholder approval Aug 1

    Shareholders approved the BRFL Textiles amalgamation scheme with 99.95% support at the NCLT-convened meeting on July 31, 2026. The company now awaits final NCLT sanction to complete the restructuring.

TL;DR: Gokaldas Exports is progressing on its corporate restructuring with near-unanimous shareholder approval for the BRFL Textiles amalgamation. No immediate headwinds or bullish catalysts emerged from recent news. The outlook depends on NCLT's final sanction and how the merged entity executes operationally going forward.

Quarterly Results

  Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
515
500
552
812
932
929
988
1,015
956
984
979
1,069
1,154
Expenses
454
453
489
728
857
859
884
893
858
920
902
952
1,041
Operating Profit
60
47
62
84
75
70
104
123
97
65
77
117
112
OPM %
12%
9%
11%
10%
8%
7%
11%
12%
10%
7%
8%
11%
10%
Other Income
8
9
8
6
8
13
13
20
21
19
20
18
27
Interest
6
6
5
20
19
18
19
21
22
22
24
26
31
Depreciation
19
21
22
27
28
29
30
42
39
43
46
39
46
PBT
43
29
44
43
36
36
67
79
57
19
26
70
63
Tax %
25%
19%
30%
-3%
25%
21%
25%
33%
27%
57%
44%
49%
29%
Net Profit
33
24
30
44
27
28
50
53
41
8
15
36
44
EPS in Rs
5.37
3.91
5.02
6.99
3.82
3.94
7.04
7.4
5.67
1.1
1.99
4.91
6.05
Figures in ₹ Crores

Profit & Loss

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
1,090
1,143
930
1,031
1,175
1,371
1,211
1,790
2,222
2,379
3,864
3,988
4,185
Expenses
1,065
1,106
962
1,055
1,113
1,285
1,109
1,585
1,951
2,125
3,493
3,631
3,815
Operating Profit
25
37
-32
-23
62
86
101
206
271
254
371
356
371
OPM %
2.3%
3.3%
-3.4%
-2.3%
5%
6%
8%
11%
12%
11%
10%
9%
9%
Other Income
91
78
42
47
15
36
12
11
31
30
53
77
84
Interest
47
40
36
37
33
37
34
40
26
36
77
95
103
Depreciation
33
22
18
16
19
55
53
59
72
89
128
167
173
PBT
36
53
-45
-30
25
30
27
117
204
159
218
172
178
Tax %
2%
-15%
5%
3%
-2%
0%
0%
0%
15%
18%
27%
42%
—
Net Profit
35
61
-47
-31
26
30
26
117
173
131
159
100
103
EPS in Rs
10.03
17.63
-13.53
-8.87
5.97
7.1
6.18
19.85
28.55
20.66
22.18
13.67
14.05
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
4%
0%
5%
0%
—
Figures in ₹ Crores

Balance Sheet

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
17
17
17
17
21
21
21
29
30
32
36
37
Reserves
142
198
152
113
219
205
269
679
856
1,260
2,045
2,124
Borrowings
311
343
474
472
381
442
479
193
154
805
845
1,273
Other Liabilities
189
177
157
178
188
256
221
310
301
645
611
921
Total Liabilities
659
736
801
781
809
925
990
1,211
1,342
2,741
3,537
4,354
Fixed Assets
135
96
97
96
107
172
237
288
280
1,136
1,399
1,540
CWIP
2
2
1
0
1
1
0
11
108
128
17
116
Investments
0
0
0
0
0
36
37
154
344
159
497
590
Other Assets
522
638
702
685
700
716
716
758
610
1,318
1,624
2,108
Total Assets
659
736
801
781
809
925
990
1,211
1,342
2,741
3,537
4,354
Figures in ₹ Crores

Cash Flow

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
68
83
12
25
51
99
119
117
369
-177
57
52
Investing
-16
-83
26
-14
0
-39
-32
-52
-291
-537
-420
-286
Financing
-37
4
-54
-40
-57
-45
-86
-43
-75
753
473
203
Net Cash Flow
15
4
-17
-28
-6
15
0
22
2
40
110
-32
Free Cash Flow
73
119
0
13
29
91
85
39
242
-865
-131
-170
CFO/OP
273
231
-41
-114
76
115
114
64
150
-53
28
30
Figures in ₹ Crores

Ratios

  Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
28
27
84
77
50
38
54
19
22
54
40
55
Inventory Days
144
122
132
121
183
153
156
178
91
194
129
166
Days Payable
69
66
58
67
60
60
52
48
26
59
45
66
Cash Conversion Cycle
102
84
157
131
174
130
159
149
87
189
124
155
Working Capital Days
-25
-53
-60
-59
-15
-40
-25
55
27
14
36
56
ROCE %
8%
9%
-1%
1%
10%
7%
8%
18%
21%
11%
11%
8%

Shareholding Pattern

As of Jun 2026
DIIs 43.41%
Public 22.80%
FIIs 14.46%
Others 10.17%
Promoters 9.15%
Total 99.99%
  Mar 2021Jun 2021Sep 2021Oct 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Apr 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters
33.12%
33.12%
32.72%
24.14%
24.09%
24.09%
23.48%
20.97%
20.97%
11.07%
11.06%
11.06%
11.06%
10.58%
9.43%
9.42%
9.39%
9.38%
9.38%
9.17%
9.16%
9.16%
9.15%
9.15%
FIIs
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
16.96%
20.46%
21.21%
25.19%
26.55%
27.02%
26.54%
25.79%
24.89%
22.93%
23.71%
19.84%
14.46%
DIIs
3.69%
3.69%
10.05%
24.02%
26.24%
27.20%
25.46%
25.92%
24.23%
31.35%
28.25%
32.68%
31.56%
30.04%
31.60%
31.79%
33.77%
37.01%
36.83%
37.17%
38.95%
39.04%
37.59%
43.41%
Government
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
Public
42.80%
44.54%
40.79%
29.93%
29.13%
29.58%
32.29%
28.23%
29.24%
29.31%
29.08%
28.18%
26.61%
24.01%
21.21%
19.94%
18.47%
18.26%
19.24%
18.97%
18.69%
18.07%
23.19%
22.80%
Others
20.40%
18.66%
16.44%
21.91%
20.54%
19.13%
18.77%
24.88%
25.56%
28.27%
31.61%
11.13%
10.32%
14.15%
12.57%
12.30%
11.35%
8.81%
8.76%
9.79%
10.27%
10.03%
10.23%
10.17%
No. of Shareholders
24,611
23,986
25,481
25,393
27,650
36,912
48,862
44,597
45,731
44,316
49,680
62,452
76,070
70,778
66,221
53,287
48,570
47,873
55,507
61,376
64,553
62,328
85,609
80,401

Documents

Frequently Asked Questions about Gokaldas Exports Ltd

What does Gokaldas Exports Ltd do?
Gokaldas Exports Limited is engaged in the business of design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several leading international fashion brands and retailers [1]
Where is Gokaldas Exports Ltd (GOKEX) listed?
Gokaldas Exports Ltd is listed on the Indian stock exchanges. It is listed on NSE: GOKEX and BSE: 532630. You can view its live share price, financials, and ratios on Tapetide.
Which sector does Gokaldas Exports Ltd belong to?
Gokaldas Exports Ltd operates in the Textiles sector within the Textiles & Apparels industry. Sector classification helps investors compare companies affected by similar economic conditions and regulatory changes.
What is the market capitalisation of Gokaldas Exports Ltd?
Gokaldas Exports Ltd has a market capitalisation of approximately ₹5932.23 Cr. Based on this, it is classified as a Mid Cap stock.
What is the PE ratio of Gokaldas Exports Ltd?
The Price-to-Earnings (PE) ratio of Gokaldas Exports Ltd is 57.82. The PE ratio compares a company's share price to its earnings per share and is commonly used to assess whether a stock is overvalued or undervalued relative to its peers.
What is the 52-week high and low of Gokaldas Exports Ltd?
Over the past 52 weeks, Gokaldas Exports Ltd has traded between a low of ₹531 and a high of ₹954.9. This range helps investors understand the stock's price volatility and recent trading levels.
Does Gokaldas Exports Ltd pay dividends?
Yes, Gokaldas Exports Ltd has a dividend yield of 0.12%. Dividend yield indicates the annual dividend income relative to the share price. A consistent dividend history can signal financial stability.
What is the Return on Equity (ROE) of Gokaldas Exports Ltd?
Gokaldas Exports Ltd has a Return on Equity (ROE) of 7.62%. ROE measures how effectively a company uses shareholders' equity to generate profits. A higher ROE generally indicates better capital efficiency.
How can I research Gokaldas Exports Ltd on Tapetide?
On Tapetide, you can view Gokaldas Exports Ltd's live share price, quarterly results, profit & loss statements, balance sheet, cash flow, key ratios, shareholding pattern, technical indicators, analyst ratings, and forecasts — all on a single page without needing to sign up.

Company Information

Gokaldas Exports Limited is engaged in the business of design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several leading international fashion brands and retailers [1]

Website gokaldasexports.com
CEO Mr. Sivaramakrishnan Vilayur Ganapathi
Employees 40,285
Listed 2005-04-27
Face Value ₹ 5
Issued Size 7,32,39,878

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