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Earnings Call

Gokaldas Exports Earnings Call: Key Takeaways

Gokaldas Exports delivered INR 4,065 crores total income in FY26, a 4% YoY growth despite severe tariff disruptions and global headwinds. Management remains optimistic about FY27 as penal tariffs recede and new capacities ramp up.

Highlights
Revenue growth4% YoY for FY26; India operations +10% YoY.
MarginsEBITDA sustained despite INR 90cr discount to offset tariffs; expecting expansion.
Order bookRelatively very robust and strong; currently booking for Q3/Q4.
Demand visibilityRobust order book for Spring '27; US/UK retail sales remain strong.
Management confidenceHigh, stating 'worst is behind us' regarding tariff issues.

Growth

Total income grew 4% to INR 4,065 cr; India operations grew 10% YoY, offsetting a 19% decline in Africa.

Outlook

Guided for >15% growth; Africa revenue target $115M-$120M in FY27; BTPL merger expected by Q3 FY27.

Risks

High MFN tariffs (50%), Middle East war impacting raw material costs, and currency hedging proving counterproductive recently.

Source

Earnings Call filed with BSE, BSE: 532630. Summary written with AI assistance from the document.

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Gokaldas Exports Ltd: key numbers

Share price
₹689.60
Market cap
₹5,053 Cr
Revenue (annual)
₹3,988 Cr
Net profit (annual)
₹100.1 Cr
P/E (TTM)
49.1×Sector 55.7×
Promoter holding
9.15%+0.00% QoQ
FII holding
14.46%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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