# Gokaldas Exports share price today (Gokaldas Exports Ltd, NSE: GOKEX) > Gokaldas Exports share price today: ₹731.85 at the NSE close on 4 November 2026, down 12.9% in a year. Gokaldas Exports (NSE: GOKEX) is worth ₹5,365 crore, trades at a P/E of 52.1 and has closed between ₹557.45 and ₹937.80 over the past 52 weeks. > Gokaldas Exports Ltd's share price has risen faster than its earnings: −12.9% in a year, against −38.4% for earnings per share. GOKEX · Textiles - Readymade Apparel · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/gokaldas-exports-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting worse, from the last 12 quarters - Price: ₹731.85 (−12.9% in a year) - P/E: 52.1× (higher than 92% of the last 10 years) - Revenue (Jun 2026): ₹1,154 Cr (+20.7% on a year ago) - Profit (Jun 2026): ₹44.0 Cr (+7.3% on a year ago) - Operating margin: 10.0% (flat on a year ago) - ROCE: 8%, FY26 - ROIC: 3.3%, against a 12.0% cost of capital: −8.7 points The main question: profits are rising, but only −17% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Gokaldas Exports share price today? Gokaldas Exports Ltd's share price was ₹731.85 at the close on 4 November 2026. It has been falling for 4 weeks. That is 1.7% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹557 and ₹938, and at that close it sat 46% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 10 weeks running. Over the last 11 years the share price moved +1,127% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 28 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Gokaldas Exports this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 3 quarters in a row, profit grew again in the June 2026 quarter and highest quarterly revenue in 15 quarters. 1. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 23.7% to 13.4% of the company by the September 2026 quarter. 2. Profit grew again in the June 2026 quarter Profit was ₹44 crore, +7.3% on a year earlier (₹41 crore), after 3 quarters of decline. 3. Highest quarterly revenue in 15 quarters Revenue of ₹1,154 crore in the June 2026 quarter is the highest of the last 15 quarters. Why: Sales hit a record because the India business grew even as Indian apparel exports fell. From the earnings call on 12 Aug 2026. ## What are Gokaldas Exports' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Gokaldas Exports reported revenue of ₹1,154 crore, up 20.7% from ₹956 crore a year earlier, and a profit of ₹44.0 crore, up 7.3% from ₹41.0 crore. ### Gokaldas Exports results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹1,154 crore | ₹956 crore | +20.7% | | Profit | ₹44.0 crore | ₹41.0 crore | +7.3% | | Earnings per share | ₹6.05 | ₹5.67 | +6.7% | | Operating margin | 10.0% | 10.0% | 0.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Gokaldas Exports' management discussed these results on a call held on 12 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Gokaldas Exports share price history? Gokaldas Exports closed at ₹731.85 on 4 November 2026, down 12.9% from ₹839.80 a year earlier (7 November 2025) and up 208.1% over five years. Its highest weekly close since March 2016 was ₹1,200.40 on 13 December 2024. ### Gokaldas Exports share price: then and now | When | Close | Change to 4 Nov 2026 | | --- | --- | --- | | 1 week ago · 30 Oct 2026 | ₹628.55 | +16.4% | | 1 month ago · 1 Oct 2026 | ₹689.80 | +6.1% | | 6 months ago · 8 May 2026 | ₹732.45 | −0.1% | | 1 year ago · 7 Nov 2025 | ₹839.80 | −12.9% | | 3 years ago · 3 Nov 2023 | ₹777.95 | −5.9% | | 5 years ago · 4 Nov 2021 | ₹237.55 | +208.1% | | 10 years ago · 4 Nov 2016 | ₹64.85 | +1,028.5% | | Earliest weekly close in our records · 11 Mar 2016 | ₹59.65 | +1,126.9% | | Highest weekly close since March 2016 · 13 Dec 2024 | ₹1,200.40 | −39.0% | | Lowest weekly close since March 2016 · 22 May 2020 | ₹28.40 | +2,476.9% | | 52-week high (weekly close) · 21 Nov 2025 | ₹937.80 | −22.0% | | 52-week low (weekly close) · 23 Jan 2026 | ₹557.45 | +31.3% | Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 4 November 2026.) ## What is the latest news on Gokaldas Exports? 4 Nov 2026: Gokaldas Exports closed at ₹731.85, up 16.4% on the week and up 6.1% on the month. 12 Aug 2026: Gokaldas Exports held its results call for April to June 2026. Management guided: Q2 revenue expected similar to Q1; FY27 consolidated growth of 15%-odd viewed as straightforward, with potential to exceed it. ### Earlier - Results for April to June 2026: Revenue up 20.7% and profit up 7.3% on a year earlier. ## What dividend does Gokaldas Exports pay? Gokaldas Exports paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹1 a share, ex-date 13 September 2023. ### Gokaldas Exports dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 13 Sep 2023 | ₹1 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 1 of 5 Of the last 5 financial years, years with an NSE dividend record Not in its latest year. Gokaldas Exports Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 1 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 5 November 2026.) ## What did Gokaldas Exports management say on the latest results call? On the call for April to June 2026, held on 12 August 2026, Gokaldas Exports' management guided: Q2 revenue expected similar to Q1; FY27 consolidated growth of 15%-odd viewed as straightforward, with potential to exceed it. > “We are not positioning the business around a single macroeconomic outcome. We are ensuring that whatever direction the situation takes, we retain the capacity, the cost structure, and the customer relationships to respond decisively and effectively.” > Sivaramakrishnan Ganapathi, on the call for April to June 2026 ### What management guided - FY27 Africa revenue visibility at $112-115 million, with the goal still being pushed toward $120 million. - Africa operating margin expected to return to double digits in January to March 2027 or early April to June 2027; H2 expected to be differentiating. - BTPL merger expected in October to December 2026; operating profit-positive in Q3, profit before tax-positive in Q4, and mid-to-high single-digit operating margin after merger; FY27 ETR 20-22%. - Worst-case ROSCTL reduction by half from 3.5%, with internal performance expected to offset the impact. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4533/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 12 August 2026.) ## What to watch in Gokaldas Exports' next results? When Gokaldas Exports reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: BTPL merger and operating turnaround - check operating profit-positive progression, profit before tax conversion and contribution after integration. - What to check (from the call) - BTPL merger and operating turnaround - check operating profit-positive progression, profit before tax conversion and contribution after integration. - Africa bookings and second-shift activation - check whether post-December demand translates into higher utilization and profitability. - India capacity ramp across Bhopal Phase 2, Karnataka and Ranchi - check incremental revenue conversion as utilization rises. - ROSCTL, AGOA and logistics outcomes - check whether policy and freight pressures are absorbed through pricing and efficiency. ## Which stock lists is Gokaldas Exports on? Gokaldas Exports is not on any of our India lists this week. ## Is Gokaldas Exports profitable? Gokaldas Exports Ltd earned ₹44.0 Cr of net profit in the Jun 2026 quarter, +7.3% on the same quarter a year earlier. Full-year FY26 profit was ₹100 Cr. Over 10 years profit has grown 5.1% a year on average. That is 3.8% of the quarter's revenue. The same quarter a year earlier earned ₹41.0 Cr. For the full year, FY26 profit was ₹100 Cr (−37.1% on the year before). Why profit moved: revenue changed +20.7% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −41.5% and revenue +7.8%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Gokaldas Exports make, and is it growing? Gokaldas Exports Ltd reported ₹1,154 Cr of revenue in the Jun 2026 quarter, +20.7% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 13.3% a year on average. The last full year, FY26, came in at ₹3,988 Cr. The last four reported quarters add to ₹4,186 Cr. FY26 revenue was ₹3,988 Cr, +3.2% on the year before. Recent pace: the last four quarters grew +7.8% on average, against 13.3% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +7.7%, against +22.4% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −40.1%, against −9.2% a year (rolling over). ## How much of every ₹100 of sales does Gokaldas Exports keep? Gokaldas Exports Ltd's operating margin was 10.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between −3.4% and 12.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed −0.4 percentage points on the year while gross margin changed −1.3 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Gokaldas Exports' profit turning into cash? Over the last 3 years Gokaldas Exports Ltd's operations used more cash than they brought in, so cash conversion was −17%, a gap worth watching. In FY26 it brought in ₹52.0 Cr of operating cash against ₹100 Cr of profit. After ₹407 Cr of spending on assets, free cash was −₹355 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −17% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: the bigger use of cash is spending on new assets, at 4.3× depreciation over three years. The next section checks what that spending is building. ## Where does Gokaldas Exports' cash go? Gokaldas Exports Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 155 days in FY26, down from 159 days in FY21. It spent ₹1,652 Cr on assets over the last 3 years. Customers take 55 days to pay, and stock sits for 166 days on average. At FY26 sales of ₹3,988 Cr, each day of that cycle ties up about ₹10.9 Cr, so roughly ₹1,694 Cr is tied up in the business at any time. FY26: customers took 55 days to pay and stock sat for 166 days, about 5.5 months of sales sitting as stock, for a full cycle of 155 days, shorter than FY21's 159. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 166 days. Customers pay about 55 days after that. Suppliers are paid at 66 days. Together that makes the 155-day cycle. Spending on assets: ₹1,652 Cr over the last 3 years, against ₹384 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹117 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Gokaldas Exports' P/E ratio, and how does it compare with its own history? Gokaldas Exports Ltd's P/E is 52.1×, near the high end of its own history: higher than 92% of past readings. Its usual P/E (the middle reading) is 24.0×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −38.4% while the price moved −12.9%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +25.2% a year; about +11.5% a year came from earnings growth and about +13.7 percentage points from the multiple (the market paying more); over 10 years the price moved +27.4% a year; about +11.3% a year came from earnings growth and about +16.1 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Gokaldas Exports business getting better or worse? Gokaldas Exports Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −40.1% in the latest quarter, against +37.6% at its best in 12 quarters, with ROCE steady at 10.4%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Gokaldas Exports earn on its capital? Gokaldas Exports Ltd earned a ROCE of 8% in FY26. That is up from a low of −1% in FY17. Its return on capital used (ROIC) is 8.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.5% net margin and 0.92× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 2.5% net margin × 0.92× asset turnover × 2.01× leverage (assets divided by equity) ≈ 4.6% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 3.3% − 12.0% = −8.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Gokaldas Exports have too much debt? Gokaldas Exports Ltd has total debt of ₹1,273 Cr against shareholder equity of ₹2,160 Cr as of Jun 2026, so its debt is 0.59× its equity. Year by year, that ratio went from 0.27 in FY22 to 0.59 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Gokaldas Exports shareholding pattern? Foreign institutions cut their stake in Gokaldas Exports Ltd by 13.6 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 13.4% of the company. Domestic institutions moved +11.0 points over the same period, to 44.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −13.6 points over 8 quarters, to 13.4%; Domestic institutions: +11.0 points over 8 quarters, to 44.8%; Promoters: −0.2 points over 8 quarters, to 9.2%. Promoters own under 20%, so this is a widely owned company where institutions, not a family, have the most say. Why the owners changed: foreign institutions moved −13.6 points and domestic institutions +11.0 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Gokaldas Exports from balance-sheet trouble? For Gokaldas Exports Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Gokaldas Exports rank in its industry? 28.3 out of 100, rank 24 of 26 in Textiles - Readymade Apparel, with 81% of the evidence available. Gokaldas Exports Ltd scores 28.3 out of 100 against the 26 companies it is compared with in Textiles - Readymade Apparel, ranking 24. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 10.8 + 6.6 + 2.1 + 8.8 = 28.3. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Gokaldas Exports compared with? Gokaldas Exports ranks 24 of 26 Textiles - Readymade Apparel companies on the 4-Factor Sector Score, with 28.3 out of 100. 1. [Cantabil Retail India Ltd](https://www.sectoralpha.in/stocks/cantabil-retail-india-ltd) CANTABIL · turning · Most evidence points up · 96% evidence 74.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.9/35 · Revenue 15.8% · Profit 22.8% · Operating margin change 2 points · 88% evidence Capital efficiency 20.3/25 · ROCE 19.4% · Operating margin 33% · 100% evidence Valuation 15.9/20 · P/E 21.7× · PEG 0.75 · 100% evidence Relative strength 15.4/20 · Lead over its industry 9.5% · Lead over NIFTY 500 6.5% · 1 year -2.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.9 + 20.3 + 15.9 + 15.4 = 74.5 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Karnika Industries Ltd](https://www.sectoralpha.in/stocks/karnika-industries-ltd) KARNIKA · breaking out · Most evidence points up · 67% evidence 70.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Revenue 47.8% · Profit 68.4% · Operating margin change -2 points · 95% evidence Capital efficiency 20.8/25 · ROCE 29.6% · Operating margin 19% · 76% evidence Valuation 11.3/20 · P/E 25.5× · PEG n/a · 50% evidence Relative strength 11.8/20 · Lead over its industry n/a · Lead over NIFTY 500 11.8% · 1 year -21.1% · 25% evidence · 5 of 12 weeks ahead Exact sum: 26.3 + 20.8 + 11.3 + 11.8 = 70.2 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Thomas Scott India Ltd](https://www.sectoralpha.in/stocks/thomas-scott-india-ltd) THOMASCOTT · Most evidence points up · 69% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.2/43.75 · Revenue 61.5% · Profit 54.4% · Operating margin change 0.7 points · 88% evidence Capital efficiency 17.6/31.25 · ROCE 20.4% · Operating margin 12% · 100% evidence Valuation 15.3/25 · P/E 21× · PEG 1.14 · 65% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.2 + 17.6 + 15.3 = 67.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Trent Ltd](https://www.sectoralpha.in/stocks/trent-ltd) TRENT · turning · Most evidence points up · 93% evidence 66.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 18.4% · Profit 18.8% · Operating margin change 1 points · 100% evidence Capital efficiency 20.9/25 · ROCE 28.3% · Operating margin 18% · 100% evidence Valuation 4.2/20 · P/E 84× · PEG 5.04 · 65% evidence Relative strength 17.6/20 · Lead over its industry 17.1% · Lead over NIFTY 500 13.5% · 1 year -3.6% · 100% evidence · 4 of 12 weeks ahead Exact sum: 23.9 + 20.9 + 4.2 + 17.6 = 66.6 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [SBC Exports Ltd](https://www.sectoralpha.in/stocks/sbc-exports-ltd) SBC · leader · Evidence leans up · 82% evidence 64.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 63.4% · Profit 100% · Operating margin change -3 points · 95% evidence Capital efficiency 14.9/25 · ROCE 18.4% · Operating margin 9% · 76% evidence Valuation 5.8/20 · P/E 82.3× · PEG n/a · 50% evidence Relative strength 20.0/20 · Lead over its industry 89% · Lead over NIFTY 500 82.5% · 1 year 176.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 23.8 + 14.9 + 5.8 + 20 = 64.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [V-Mart Retail Ltd](https://www.sectoralpha.in/stocks/v-mart-retail-ltd) VMART · turning · Evidence leans up · 89% evidence 63.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.8/35 · Revenue 19.1% · Profit 100% · Operating margin change 1 points · 88% evidence Capital efficiency 10.5/25 · ROCE 13.2% · Operating margin 15% · 100% evidence Valuation 11.7/20 · P/E 42.4× · PEG 1.03 · 65% evidence Relative strength 14.7/20 · Lead over its industry 14.4% · Lead over NIFTY 500 10.5% · 1 year -10.9% · 100% evidence · 9 of 12 weeks ahead Exact sum: 26.8 + 10.5 + 11.7 + 14.7 = 63.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Pearl Global Industries Ltd](https://www.sectoralpha.in/stocks/pearl-global-industries-ltd) PGIL · leader · Evidence leans up · 78% evidence 61.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.3/35 · Revenue 13.7% · Profit 29.4% · Operating margin change 2 points · 83% evidence Capital efficiency 17.0/25 · ROCE 19.9% · Operating margin 11% · 76% evidence Valuation 6.4/20 · P/E 35.2× · PEG n/a · 50% evidence Relative strength 17.6/20 · Lead over its industry 39.1% · Lead over NIFTY 500 34.6% · 1 year 80.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.3 + 17 + 6.4 + 17.6 = 61.3 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Bella Casa Fashion & Retail Ltd](https://www.sectoralpha.in/stocks/bella-casa-fashion-retail-ltd) BELLACASA · Evidence leans up · 76% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/43.75 · Revenue 21.8% · Profit 37% · Operating margin change -4.4 points · 88% evidence Capital efficiency 14.9/31.25 · ROCE 17.2% · Operating margin 3.8% · 100% evidence Valuation 20.1/25 · P/E 16.6× · PEG 0.45 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.9 + 14.9 + 20.1 = 58.9 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 9. [Aditya Birla Lifestyle Brands Ltd](https://www.sectoralpha.in/stocks/aditya-birla-lifestyle-brands-ltd) ABLBL · quiet · Evidence leans up · 78% evidence 55.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 10.9% · Profit 42.1% · Operating margin change 0 points · 100% evidence Capital efficiency 13.0/25 · ROCE 15% · Operating margin 16% · 100% evidence Valuation 11.6/20 · P/E 35.4× · PEG 1.05 · 65% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -26.5% · 1 year -47.2% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.5 + 13 + 11.6 + 8.1 = 55.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Baazar Style Retail Ltd](https://www.sectoralpha.in/stocks/baazar-style-retail-ltd) STYLEBAAZA · breaking out · Evidence leans up · 79% evidence 54.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 34.9% · Profit 100% · Operating margin change -0.6 points · 88% evidence Capital efficiency 5.7/25 · ROCE 7.6% · Operating margin 14.8% · 100% evidence Valuation 8.5/20 · P/E 98.5× · PEG n/a · 15% evidence Relative strength 17.3/20 · Lead over its industry 16.3% · Lead over NIFTY 500 12.8% · 1 year 11.4% · 100% evidence · 11 of 12 weeks ahead Exact sum: 23.1 + 5.7 + 8.5 + 17.3 = 54.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Iris Clothings Ltd](https://www.sectoralpha.in/stocks/iris-clothings-ltd) IRISDOREME · leader · Evidence leans up · 100% evidence 54.2 out of 100 Growth Capital Valuation Relative 12. [Sai Silks (Kalamandir) Ltd](https://www.sectoralpha.in/stocks/sai-silks-kalamandirltd) KALAMANDIR · basing · Evidence leans up · 81% evidence 53.6 out of 100 Growth Capital Valuation Relative 13. [Kewal Kiran Clothing Ltd](https://www.sectoralpha.in/stocks/kewal-kiran-clothing-ltd) KKCL · quiet · Evidence leans up · 78% evidence 53.2 out of 100 Growth Capital Valuation Relative 14. [V2 Retail Ltd](https://www.sectoralpha.in/stocks/v2-retail-ltd) V2RETAIL · quiet · Evidence leans up · 79% evidence 52.7 out of 100 Growth Capital Valuation Relative 15. [Arvind Fashions Ltd](https://www.sectoralpha.in/stocks/arvind-fashions-ltd) ARVINDFASN · quiet · Evidence leans up · 89% evidence 52.2 out of 100 Growth Capital Valuation Relative 16. [Monte Carlo Fashions Ltd](https://www.sectoralpha.in/stocks/monte-carlo-fashions-ltd) MONTECARLO · turning · Evidence leans up · 73% evidence 50.5 out of 100 Growth Capital Valuation Relative 17. [Vishal Mega Mart Ltd](https://www.sectoralpha.in/stocks/vishal-mega-mart-ltd) VMM · quiet · Evidence leans up · 78% evidence 50.3 out of 100 Growth Capital Valuation Relative 18. [Vedant Fashions Ltd](https://www.sectoralpha.in/stocks/vedant-fashions-ltd) MANYAVAR · breaking out · Evidence leans down · 81% evidence 49.4 out of 100 Growth Capital Valuation Relative 19. [Credo Brands Marketing Ltd](https://www.sectoralpha.in/stocks/credo-brands-marketing-ltd) MUFTI · Evidence leans down · 76% evidence 47.2 out of 100 Growth Capital Valuation Relative 20. [S P Apparels Ltd](https://www.sectoralpha.in/stocks/s-p-apparels-ltd) SPAL · quiet · Evidence leans down · 96% evidence 42.3 out of 100 Growth Capital Valuation Relative 21. [Lux Industries Ltd](https://www.sectoralpha.in/stocks/lux-industries-ltd) LUXIND · quiet · Evidence leans down · 78% evidence 41.6 out of 100 Growth Capital Valuation Relative 22. [Raymond Lifestyle Ltd](https://www.sectoralpha.in/stocks/raymond-lifestyle-ltd) RAYMONDLSL · quiet · Evidence leans down · 78% evidence 39.1 out of 100 Growth Capital Valuation Relative 23. [Go Fashion (India) Ltd](https://www.sectoralpha.in/stocks/go-fashion-indialtd) GOCOLORS · quiet · Evidence leans down · 75% evidence 35.7 out of 100 Growth Capital Valuation Relative 24. Gokaldas Exports Ltd this page GOKEX · quiet · Most evidence points down · 81% evidence 28.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 7.7% · Profit -40.1% · Operating margin change 0 points · 88% evidence Capital efficiency 6.6/25 · ROCE 7.7% · Operating margin 10% · 100% evidence Valuation 2.1/20 · P/E 44.8× · PEG 5.06 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.7% · 1 year -25% · 25% evidence · 5 of 12 weeks ahead Exact sum: 10.8 + 6.6 + 2.1 + 8.8 = 28.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 25. [Aditya Birla Fashion & Retail Ltd](https://www.sectoralpha.in/stocks/aditya-birla-fashion-retail-ltd) ABFRL · quiet · Most evidence points down · 61% evidence 27.6 out of 100 Growth Capital Valuation Relative 26. [Kitex Garments Ltd](https://www.sectoralpha.in/stocks/kitex-garments-ltd) KITEX · basing · Most evidence points down · 68% evidence 21.0 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Textiles - Readymade Apparel](https://www.sectoralpha.in/sectors/textiles-readymade-apparel), all 26 compared on one page. ## Which companies are close to Gokaldas Exports in size? Gokaldas Exports is the 10th largest of 26 Textiles - Readymade Apparel companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: V2 Retail, Aditya Birla Fashion & Retail and Arvind Fashions. Just below it: Lux Industries, SBC Exports and Raymond Lifestyle. ### Textiles - Readymade Apparel companies close in size 1. [V2 Retail Ltd](https://www.sectoralpha.in/stocks/v2-retail-ltd) ₹5,377 crore 2. [Aditya Birla Fashion & Retail Ltd](https://www.sectoralpha.in/stocks/aditya-birla-fashion-retail-ltd) ₹4,733 crore 3. [Arvind Fashions Ltd](https://www.sectoralpha.in/stocks/arvind-fashions-ltd) ₹4,676 crore 4. Gokaldas Exports Ltd ₹4,611 crore 5. [Lux Industries Ltd](https://www.sectoralpha.in/stocks/lux-industries-ltd) ₹3,376 crore 6. [SBC Exports Ltd](https://www.sectoralpha.in/stocks/sbc-exports-ltd) ₹3,150 crore 7. [Raymond Lifestyle Ltd](https://www.sectoralpha.in/stocks/raymond-lifestyle-ltd) ₹2,920 crore [All 26 Textiles - Readymade Apparel companies, largest first](https://www.sectoralpha.in/sectors/textiles-readymade-apparel#all-companies) ### Companies close in size in other industries 1. [Sharda Motor Industries Ltd](https://www.sectoralpha.in/stocks/sharda-motor-industries-ltd) ₹4,640 crore · Auto Ancillaries - Diversified 2. [TVS Supply Chain Solutions Ltd](https://www.sectoralpha.in/stocks/tvs-supply-chain-solutions-ltd) ₹4,619 crore · Logistics - Warehousing/Supply Chain 3. Gokaldas Exports Ltd ₹4,611 crore 4. [KDDL Ltd](https://www.sectoralpha.in/stocks/kddl-ltd) ₹4,605 crore · Watches 5. [Zota Health Care Ltd](https://www.sectoralpha.in/stocks/zota-health-care-ltd) ₹4,602 crore · Pharmacy Distribution ## What else do people ask about Gokaldas Exports? ### What is Gokaldas Exports's share price today? Gokaldas Exports Ltd's share price is ₹731.85, −12.9% over the past year. The whole company is worth ₹5,365 Cr on the market. In the last 52 weeks it traded between ₹557 to ₹938; today it is 46% of the way up from the low, 1.7% below its 200-day average (as of 4 November 2026). ### What were Gokaldas Exports's latest quarterly results? Gokaldas Exports Ltd reported revenue of ₹1,154 Cr and net profit of ₹44.0 Cr for the Jun 2026 quarter. Revenue rose 20.7% and profit rose 7.3% compared with a year earlier. Earnings per share were ₹6.05. The operating margin was 10.0%, 0.0 percentage points higher than a year earlier (as of 4 November 2026). ### What is Gokaldas Exports's market cap? Gokaldas Exports Ltd's market capitalisation is ₹5,365 Cr at a share price of ₹731.85. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### How is Gokaldas Exports performing? Gokaldas Exports Ltd's share price has been falling for 4 weeks. In its latest quarter, revenue rose 20.7% and profit rose 7.3% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 10 weeks running (as of 4 November 2026). ### Will Gokaldas Exports's share price go up? This page does not forecast Gokaldas Exports Ltd's share price. What it shows instead: the share price is ₹731.85, and it has been falling for 4 weeks. Its P/E of 52.1× is higher than 92% of its own last 10 years (as of 4 November 2026). ### Who owns Gokaldas Exports? Promoters own 9.2% of Gokaldas Exports Ltd, foreign institutions 13.4%, domestic institutions 44.8% and the public 32.7% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 13.6 percentage points over 8 quarters (as of 4 November 2026). ### Does Gokaldas Exports have too much debt? Gokaldas Exports Ltd has a moderate amount of debt: its debt is 0.59× its equity, and its operating profit is 4 times its interest bill. FY26 borrowings were ₹1,273 Cr against equity of ₹2,161 Cr. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026). ### Where is Gokaldas Exports in its business cycle? Gokaldas Exports Ltd's FY26 operating margin was 9.0%, against a 13-year range of −3.4% to 12.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 10.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Gokaldas Exports story? The main question: profits are rising, but only −17% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026). ### Is Gokaldas Exports a stock worth studying right now? What the numbers show: Gokaldas Exports Ltd's share price has risen faster than its earnings: −12.9% in a year, against −38.4% for earnings per share. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026). ### Is there a Gokaldas Exports share price forecast for 2026? What management itself guided: Q2 revenue expected similar to Q1; FY27 consolidated growth of 15%-odd viewed as straightforward, with potential to exceed it. This is research, not advice. We’re not SEBI-registered.