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Gokaldas Exports Limited (GOKEX) AI Stock Analysis
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Gokaldas Exports Limited
(NSE:GOKEX)
The score is held back primarily by weak cash flow consistency (negative operating cash flow in FY2026 and negative free cash flow for three consecutive years) and recent margin compression, despite strong revenue growth. Technicals add pressure due to a bearish trend (below key moving averages and negative MACD), while valuation remains expensive with a high P/E and no dividend support.
Gokaldas Exports Limited (GOKEX) vs. iShares MSCI India ETF (INDA)
- Market Cap
- INR 49.76B
- Dividend Yield
- ―
- Average Volume (3M)
- 26.47K
- Price to Earnings (P/E)
- 44.8
- Beta (1Y)
- 1.69
- Revenue Growth
- 7.65%
- EPS Growth
- -41.72%
- Country
- India
- Employees
- 41,149
- Sector
- General
- Sector Strength
- 55
- Industry
- Apparel - Manufacturers
Gokaldas Exports Limited Business Overview & Revenue Model
Company Description
Gokaldas Exports Limited is an enterprise dedicated to the development, production, and distribution of a wide variety of apparel and associated goods, serving both domestic Indian and international markets. Its diverse product range spans outerwear,...
How the Company Makes Money
Gokaldas Exports primarily makes money by manufacturing finished garments for third-party customers (typically global apparel brands and retailers) and exporting those products. Its revenue model is business-to-business (B2B) contract manufacturing:...
Gokaldas Exports Limited Financial Statement Overview
Summary
Strong revenue growth and a sizable equity base are positives, but recent margin compression and deteriorating cash generation weigh heavily. Operating cash flow was negative again in FY2026 and free cash flow has been negative for three straight years, alongside a recent uptick in leverage.
Income Statement
68PositiveBalance Sheet
60NeutralCash Flow
38Negative| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 41.85B | 39.88B | 36.71B | 22.43B | 22.22B | 17.90B |
| Gross Profit | 9.46B | 5.43B | 15.81B | 10.22B | 10.33B | 8.58B |
| EBITDA | 4.22B | 4.34B | 4.24B | 2.74B | 3.02B | 2.16B |
| Net Income | 1.03B | 1.00B | 1.59B | 1.31B | 1.73B | 1.17B |
Balance Sheet | ||||||
| Total Assets | 0 | 43.54B | 35.37B | 27.41B | 13.42B | 12.11B |
| Cash, Cash Equivalents and Short-Term Investments | 4.25B | 4.25B | 4.85B | 2.83B | 3.69B | 1.67B |
| Total Debt | 0 | 12.73B | 8.45B | 8.05B | 1.54B | 1.93B |
| Total Liabilities | -21.60B | 21.94B | 14.56B | 14.50B | 4.56B | 5.03B |
| Stockholders Equity | 21.60B | 21.60B | 20.81B | 12.91B | 8.86B | 7.08B |
Cash Flow | ||||||
| Free Cash Flow | -13.96M | -2.39B | -1.34B | -8.66B | 2.33B | 373.87M |
| Operating Cash Flow | 1.09B | -107.16M | 571.96M | -1.77B | 3.69B | 1.17B |
| Investing Cash Flow | -2.16B | -2.90B | -4.21B | -5.37B | -2.91B | -522.92M |
| Financing Cash Flow | -45.04M | 2.69B | 4.73B | 7.53B | -754.32M | -430.17M |
Gokaldas Exports Limited Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GOKEX, the sentiment is Negative. The current price of 628.55 is below the 20-day moving average (MA) of 673.27, below the 50-day MA of 720.35, and below the 200-day MA of 717.01, indicating a bearish trend. The MACD of -20.43 indicates Positive momentum. The RSI at 33.88 is Neutral, neither overbought nor oversold. The STOCH value of 16.07 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GOKEX.
Gokaldas Exports Limited Peers Comparison
Overall Rating
IN:KPRMILL76Outperform
IN:PGIL69Neutral
IN:PAGEIND67Neutral- IN:GOKEX49Neutral
IN:KITEX38Underperform
IN:ABFRL37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| IN:KPRMILL | 76Outperform | INR 381.12B | 36.66 | ― | 0.45% | 6.43% | 24.09% |
| IN:PGIL | 69Neutral | INR 109.85B | 35.41 | ― | 0.61% | 13.75% | 22.95% |
| IN:PAGEIND | 67Neutral | INR 383.25B | 50.91 | ― | 1.75% | 7.57% | -1.16% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
| IN:GOKEX | 49Neutral | INR 46.06B | 44.76 | ― | ― | 7.65% | -41.72% |
| IN:KITEX | 38Underperform | INR 22.54B | -94.05 | ― | 0.44% | -36.44% | -118.03% |
| IN:ABFRL | 37Underperform | INR 47.08B | -6.05 | ― | ― | -27.21% | -53.22% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| IN:GOKEX | Gokaldas Exports Limited | 628.55 | -249.85 | -28.44% | |
| IN:ABFRL | Aditya Birla Fashion and Retail Limited | 38.72 | -46.58 | -54.61% | |
| IN:KITEX | Kitex Garments Limited | 113.00 | -89.41 | -44.17% | |
| IN:KPRMILL | K.P.R. Mill Limited | 1115.00 | 43.69 | 4.08% | |
| IN:PAGEIND | Page Industries Limited | 34360.30 | -5723.96 | -14.28% | |
| IN:PGIL | Pearl Global Industries Limited | 1189.10 | 536.10 | 82.10% |
Gokaldas Exports Limited Corporate Events
Gokaldas Exports Plans Investor and Analyst Meeting on September 24
Gokaldas Exports Limited has scheduled a virtual meeting on September 24, 2026, in Bengaluru between its senior management and a group of institutional investors and research analysts, including Trinetra Asset Managers, JHP Securities, Coheron Wealth...
Gokaldas Exports Schedules Investor Meeting with Motilal Oswal
Gokaldas Exports Limited has announced a scheduled meeting between its senior management and institutional investors and research analysts from Motilal Oswal Financial Services Ltd. The one-to-one virtual meeting will be held on September 21, 2026, w...
Gokaldas Exports Plans Mid-September Meetings With Institutional Investors
Gokaldas Exports Limited has scheduled meetings between its senior management and institutional investors and research analysts in mid-September 2026. The company will hold a one-to-one physical meeting with PL Capital in Bengaluru on September 17 an...
Gokaldas Exports Publishes AGM Notice in Line with SEBI Disclosure Norms
Gokaldas Exports Limited has notified stock exchanges that it has published a notice of its upcoming Annual General Meeting in two newspapers, Financial Express (English) and Navarashtra (Marathi), in line with Regulation 47 of the SEBI Listing Oblig...
Gokaldas Exports Plans Investor Meeting With Zaaba Capital
Gokaldas Exports Limited has scheduled a one-to-one virtual meeting between its senior management and institutional investor Zaaba Capital on August 20, 2026, to be hosted from Bengaluru. The engagement underscores the company’s ongoing outreac...
Gokaldas Exports Publishes Shareholder Voting Results on BRFL Textiles Amalgamation
Gokaldas Exports Limited has disclosed the scrutinizer’s report and voting results from its court-convened equity shareholders’ meeting held on July 31, 2026, conducted via video conferencing under directions from the National Company Law...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 19, 2026