Gokaldas Exports Limited has informed the Exchange about Transcript

Gokaldas Exports reported a strong Q1 FY'26 with PAT up 53% YoY to INR 41 crores and EBITDA margin expanding to 12.1% from 8.8% last year. Total income grew only 4% due to tariff-led uncertainties, but excluding acquisitions, the like-for-like growth was 20% YoY. The company absorbed INR 15 crores in customer discount/claims in Q1 and received a one-time INR 9 crores investment incentive. Management flagged that the recently revised US reciprocal tariffs (around 25% expected) will pressure margins in H2, with an estimated burden of 2-2.5% of revenue. The UK FTA is seen as a positive, with Europe/UK revenue share rising to 13.4% in Q1 from 9% average in FY'25. Africa business is gaining traction with a 10% US tariff advantage, and the BTPL acquisition cost has been revised down to ~INR 552 crores from INR 588 crores, mostly funded via equity. Capacity additions in Bhopal, Karnataka, and Ranchi are coming on stream in Q3 FY'26, adding INR 400-500 crores of potential annual revenue.