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Gokaldas Exports Ltd share Price Today

Company details

914.20
975.30
477.80
1,022.95
6M Return 12.55%
1Y Return 94.59%
Mkt Cap.(Cr) 6,686.11
Volume 401,678
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 401,678

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Textiles company Gokaldas Exports announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • The Company reported a consolidated revenue of Rs 818.0 crore for the quarter compared to Rs 530.1 crore in the same quarter last year
  • Consolidated profit after tax of Rs 44.3 crore compared to Rs 47.2 crore in the previous year Q4FY23.

FY24 Financial Highlights:

  • The Company reported a consolidated revenue of Rs 2,409 crore for FY24 
  • Consolidated profit after tax of Rs 131 crore compared to Rs 173 crore in the previous year FY23.

Commenting on the company’s fourth quarter, Sivaramakrishnan Ganapathi, Vice Chairman and Managing Director of Gokaldas Exports said, “Our performance on a like-to-like basis, i.e. financial results excluding the recently acquired entities, reflects a strong performance. We overcame pricing pressure, one-time acquisition cost, increased statutory minimum wages and one-time startup cost at our new unit to deliver a strong EBITDA. The acquisition of the two companies and capacity addition aligns with our aim to integrate, diversify, and grow, while focusing on improving margins.

We firmly believe that the strategic intent behind the recent acquisitions will provide a solid foundation for margin growth. Both Atraco and Matrix have distinct advantages that complements well to the existing business. We are confident in productivity improvements resulting from geographic diversification, access to new customers, integrating existing customers, leveraging duty arbitrage, and strategic positioning.”

Result PDF

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Gokaldas Exports Ltd shares SWOT Analysis

Strengths (8)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with Low Debt
  • Increasing Revenue every quarter for the past 2 quarters

Weakness (2)

  • Negative profit growth, promoters decreasing shareholding QoQ
  • Low Piotroski Score : Companies with weak financials

Opportunity (1)

  • RSI indicating price strength

Threats (2)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)

Resistance and support

R1 972.2
R2 1,004.3
R3 1,033.3
Pivot

943.18

S1 911.1
S2 882.1
S3 850.0
EMA SMA
870.0
844.9
832.2
787.6
853.8
840.2
826.0
841.3
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GOVERNMENT PENSION FUND GLOBAL Bulk Sell 2024-04-02 777.05 347198 NSE
NORGES BANK ON ACCOUNT OF THE GOVERNMENT PENSION FUND GLOBAL Bulk Purchase 2024-03-15 733.21 347198 NSE
UBS PRINCIPAL CAPITAL ASIA LIMITED Bulk Sell 2024-03-15 730.92 390672 NSE
Name Category Shares
CLEAR WEALTH CONSULTANCY SERVICES LLP PROMOTER 9.08%

OUR RESEARCH VIEW

Investment recommendation
Call Date
24 Jan 2022
Entry Price 369.00
Target Price 480.00
Duration
12 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Gokaldas Exports Ltd Stocks COMPARISON

Financials( in Cr) Gokaldas Exports Ltd Page Industries Ltd K P R Mill Ltd Kewal Kiran Clothing Ltd Pearl Global Industries Ltd
Price 940.05 39,099.35 882.15 730.55 740.20
% Change 1.29 -2.45 -0.45 -0.63 4.22
Mcap Cr 6,686.11 43,611.42 30,153.12 4,502.01 3,226.09
Revenue TTM Cr 2,222.20 4,788.64 6,059.68 779.45 3,158.41
Net Profit TTM Cr 172.97 571.25 805.35 119.02 152.99
PE TTM 51.07 76.74 38.39 29.21 18.32
1 Year Return 94.59 4.34 34.57 35.22 173.97
ROCE 21.20 53.56 21.04 27.84 19.73
ROE 19.58 46.45 19.97 23.22 23.16
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 886.25 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23

Gokaldas Exports Ltd Information

Stock PE (TTM)
51.07
Promoter Holding
9.43%
Book Value
265.7354
ROCE
21.2%
ROE
19.58%
Description
  • Gokaldas Exports Ltd (GEL) was incorporated on March 1, 2004 by converting the erstwhile partnership firm Gokaldas India. The Company currently operates a 100% Export Oriented Unit, a Domestic Tariff Area Unit and a Special Economic Zone Unit. GEL is a major player in the readymade garment industry across the globe. The company which is an ISO 9001:2000 Certified Company is one of the largest manufacturer/exporter of Outerwear, Blazers and Pants (Formal and Casuals), Shorts, Shirts, Blouses, Denim Wear, Swim Wear, Active and Sports Wear. The subsidiaries of the company are Madhin Trading Pvt Ltd, Magenta Trading Pvt Ltd, Rafter Trading Pvt Ltd, Reflextion Trading Pvt Ltd, Deejay Trading Pvt Ltd, Rishikesh Apparels Ltd, Vignesh Apparels Pvt Ltd, SNS Clothing Pvt Ltd, Seven Hills Clothing Pvt Ltd, Glamourwear Apparels Pvt Ltd, Rajdin Apparels and All Colour Garments Pvt Ltd. Gokaldas Exports Pvt Ltd and Unique Creations (Bangalore) Pvt Ltd was merged with the company with effect from 1st April 2004. During 2004-05 the company has set up three new factories each at Bommasandra Industrial Area, Bangalore : at Yeshwanthpur, Bangalore and one at Doddaballapur Bangalore. Further the company has also planning to set up a unit at Madras Export Processing Zone(MEPZ), Chennai. During March 2005 the company made a madien public offer of 31,25,000 equity shares with a price brand of Rs.375/- to Rs.425/- and with this issue the paid up capital of he company has risied to Rs.17,18,80,000/-. The new state-of-the-art laundry facility at Bangalore had been commissioned in June`06. The company also commissioned knit wear unit at Bangalore during 2005-2006 The expansion programme at Chennai, Hyderabad, Mysore and Bangalore is also under progress during the year The company has also initiated the process of buying the machinery for manufacture of structured suits and the company intend to set up suit plant in Bangalore very shortly. The Company installed the highest capex of Rs 105 Crores in 2006-07 and new plants were commissioned like Suit Plant at Peenya, Bangalore; Trouser Unit at Yelahanka; Trouser Unit at Yeshwanthpur, Bangalore; Knitwear Unit at Houser Road, Bangalore and Apparel Unit at SEZ, Chennai (MEPZ Tambaram). Besides other 3 units commissioned comprised the New factory at Tumkur; in Mysore and in Hyderabad.

Registered Address

16/2 Prestige Dot Com, Residency Road, Bangalore, Karnataka, 560025

Tel : 91-080-22223600/01/02/41272200
Email : investorcare:gokaldasexports.com
Website : http://www.gokaldasexports.com
Registrar

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 532630
NSE Code : GOKEX
Book Closure Date (Month) : Sep
BSE Group : A
ISIN : INE887G01027

FAQ’s on Gokaldas Exports Ltd Shares

You can buy Gokaldas Exports Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Gokaldas Exports Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:59 PM the closing price of Gokaldas Exports Ltd was Rs.940.05.

The latest PE ratio of Gokaldas Exports Ltd as of Jun 28, 2024 03:59 PM is 51.07

The latest PB ratio of Gokaldas Exports Ltd as of Jun 28, 2024 03:59 PM is 0.28

The 52-week high of Gokaldas Exports Ltd share price is Rs. 1,022.95 while the 52-week low is Rs. 477.80

According to analyst recommendations, Gokaldas Exports Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 28, 2024 03:59 PM, the market cap of Gokaldas Exports Ltd stood at Rs. 6,686.11 Cr.

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