Gokaldas Exports Ltd Share Price – NSE /  BSE

Readymade Garments/ Apparells, Small Cap

Aditya Birla Fashion & Retail Ltd, GMM Pfaudler Ltd, Colgate-Palmolive (India) Ltd and H.G. Infra Engineering Ltd are among the other losers in the BSE's 'A' group today, 22 May 2025.

Gokaldas Exports Ltd lost 7.65% to Rs 960 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 30989 shares were traded on the counter so far as against the average daily volumes of 43553 shares in the past one month.

Aditya Birla Fashion & Retail Ltd crashed 7.37% to Rs 89.85. The stock was the second biggest loser in 'A' group.On the BSE, 13.69 lakh shares were traded on the counter so far as against the average daily volumes of 90166 shares in the past one month.

GMM Pfaudler Ltd tumbled 7.18% to Rs 1175. The stock was the third biggest loser in 'A' group.On the BSE, 32649 shares were traded on the counter so far as against the average daily volumes of 6174 shares in the past one month.

Colgate-Palmolive (India) Ltd dropped 6.26% to Rs 2492. The stock was the fourth biggest loser in 'A' group.On the BSE, 92761 shares were traded on the counter so far as against the average daily volumes of 8568 shares in the past one month.

H.G. Infra Engineering Ltd slipped 6.14% to Rs 1176.45. The stock was the fifth biggest loser in 'A' group.On the BSE, 15604 shares were traded on the counter so far as against the average daily volumes of 7559 shares in the past one month.

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Net profit of Gokaldas Exports rose 19.38% to Rs 52.86 crore in the quarter ended March 2025 as against Rs 44.28 crore during the previous quarter ended March 2024. Sales rose 24.98% to Rs 1015.34 crore in the quarter ended March 2025 as against Rs 812.42 crore during the previous quarter ended March 2024.

For the full year,net profit rose 21.05% to Rs 158.54 crore in the year ended March 2025 as against Rs 130.97 crore during the previous year ended March 2024. Sales rose 62.44% to Rs 3864.24 crore in the year ended March 2025 as against Rs 2378.88 crore during the previous year ended March 2024.

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Gokaldas Exports will hold a meeting of the Board of Directors of the Company on 21 May 2025.

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The agency has reaffirmed its short-term rating on the company?s bank facilities at ?Crisil A1?.

Crisil Ratings stated that the upgrade reflects steady and sustained improvement in the business and financial profile of Gokaldas group in the past fiscal.

The group?s revenues grew by nearly 81% YoY during nine months period ending 31-Dec-2024 and would continue to grow at over 10-15% in the current fiscal supported by a healthy order book and consistent scaling up in both GEL?s standalone business as well as in the acquired entities.

However, profitability witnessed a decline in fiscal 2025 owing to higher employee costs associated with scaling up and stabilization of Madhya Pradesh plant and followed by increase in operating expenses in Atraco's Kenya operation due to appreciation in the Kenyan Shilling against USD.

Moreover, in the current fiscal, the profitability may not see a major improvement given the uncertainty with regards to increased landed price for the US customers and pass on associated with US reciprocal tariff. Hence, this would remain a key monitorable.

The group?s working capital management is quite efficient with gross current asset (GCA) days of less than 130 in the past two years and would be sustained at similar levels over the medium term. This also helps with low reliance on bank debt for working capital requirements.

Financial risk profile of the group is expected to remain strong with a comfortable capital structure. The inflow of funds from qualified institutional placement (QIP) helps the group to maintain strong liquidity. Cash and liquid investments likely to remain around Rs 350 crore by end of fiscal 25.

The ratings continues to reflect the established market position of GEL and its long track record in the apparel industry.

These strengths are partially offset by the limited size of operations and exposure to intense competition and fluctuations in foreign exchange (forex) rates.

Gokaldas Exports manufactures and exports readymade garments for men, women, and children, and caters to several leading international fashion brands and retailers. The company has more than 30 manufacturing facilities in and around Bangalore.

The scrip rose 0.15% to currently trade at Rs 1000.20 on the BSE.

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