Gokaldas Exports Limited (GOKEX) Earnings Call Transcripts

Gokaldas Exports Limited's Latest Earnings Call - Q4 FY2026

In the fourth quarter of FY '26, Gokaldas Exports Limited reported a total income of INR 4,065 crores, reflecting a 4% year-over-year growth, despite significant challenges including high tariffs and geopolitical tensions. The company maintained its EBITDA margin at the previous year's level, indicating resilience amidst a 50% tariff regime earlier in the year. Management provided an optimistic outlook for FY '27, projecting revenue growth exceeding 10% driven by improved margins and new customer acquisitions, particularly in the Africa segment, which saw a 17% year-over-year increase in Q4.

Reported metrics

Guidance from management

Management expects revenue growth exceeding 10% in FY '27 and anticipates improvements in EBITDA margins as tariff pressures normalize and new customers come on board.

What management said

No, we are not considering. We do not consider until and unless the FDA actually fructifies. So an impending FTA with U.K. sometime this year and probably an EU FDA sometime next year could help further fuel the momentum on the business. However, we have not factored in any of these. The U.K. FDA itself has been delayed. It was supposed to come by April, May, but now it's further delayed, and we are awaiting the date...

I am not seeing any apparel. All this will have to pan out. We are seeing growth because of inventory issues, I've not seen any short tactical advantage. We'll have to wait and see.

What analysts pressed on

Analysts expressed concerns about the sustainability of margins given rising raw material costs and geopolitical uncertainties. There were also questions regarding the impact of working capital increases on future liquidity and operational efficiency.

Main topics on the call

• Revenue Growth Despite Tariffs — Gokaldas Exports achieved a total income of INR 4,065 crores in Q4 FY '26, a 4% increase year-over-year, despite Indian apparel exports declining by 10%. Management noted, 'Our revenue never dipped even during the 50% ta...
• EBITDA Margin Stability — The company sustained its EBITDA margin at the previous year's level, absorbing tariff burdens. Management stated, 'The operating leverage helped,' indicating that volume growth contributed to margin stability.
• Future Revenue Guidance — Management anticipates revenue growth exceeding 10% in FY '27, driven by the normalization of tariffs and new customer acquisitions. They mentioned, 'I would probably reckon it will be much more than that,' referring to ...
• Challenges from Geopolitical Events — The ongoing war in the Middle East has increased raw material costs, impacting margins. Management noted, 'The U.S.-Iran war has impacted textile value chain with increased cost of raw materials,' highlighting external p...

Read the full Gokaldas Exports Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 Gokaldas Exports Limited earnings call transcripts on record, spanning February 5, 2020 to May 25, 2026. Based on this history, Gokaldas Exports Limited reports quarterly. The most recent call on file is dated May 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

GOKEX

Exchange

NSEI

Country

IN

Sector

Consumer Discretionary

Industry

Textiles, Apparel and Luxury Goods

Calls on record

24

First call

February 5, 2020

Most recent

May 25, 2026

Reporting cadence

quarterly