GOKEXBSEGokaldas Exports LtdHighNeutral
Announced Fri, 22 May · 23:45 IST

Press Release on the audited financial results of the Company for the quarter and year ended March 31, 2026.

Mgmt Guided Margin PressureInvestor Communications View source PDFExplain this filing

GOKEX · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
+1.0%1-day move
₹694.60
prior close
₹709.95
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+0.7+0.5-0.2+1.0-0.2-0.6+1.1+1.2+0.5+2.1+23.2+19.8+14.0
Up moveDown movePending
AI summary

Gokaldas Exports reported FY26 total income of Rs. 4,065 crores, up 4% YoY, with Q4FY26 income at Rs. 1,087 crores (5% YoY growth). Despite US tariff headwinds causing a 15 bps YoY decline in full-year EBITDA margin to 10.7%, the company maintained margins through productivity gains and cost management. Q4FY26 EBITDA margin was 12.4%, impacted by 131 bps due to US tariff rebates. Africa business grew 17% YoY as AGOA renewal benefited the region. However, PAT declined 37% to Rs. 100 crores in FY26. Management remains confident in navigating near-term challenges and sees long-term macroeconomic trends favoring India sourcing.

Likely market impact

Margins remained resilient despite significant tariff headwinds, showing strong operational execution. The 37% PAT decline and 21% PBT decline may concern short-term investors, though the company outperformed industry exports (which fell 10%) and maintained EBITDA margins near prior year levels.