NSE: GOKEX | BSE: 532630

Mid-range Performer

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863.00 -34.45 (-3.84%)

31.62% Fall from 52W High

312.0K NSE+BSE Volume

NSE 02 Dec, 2025 3:31 PM (IST)

6,320.6

Market Cap

High in industry

Beta 1Year

Very High Volatility

Gokaldas Exports Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GOKEX, BSE:532630 Gokaldas Exports Ltd.

Gokaldas Exports Ltd.

24 Jan 2022

863.00

-3.84%

Gokaldas Exports

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

Under the leadership of the new MD (post exit of Blackstone in FY18), Gokaldas has scripted a successful turnaround of its business operations Q3FY22 Results: GEL reported its best quarterly performance driven by healthy demand for apparels in the US apparel market. On a QoQ basis, the company maintained its gross margin levels at 49.7% (down 560 bps YoY). Despite higher opex, GEL delivered strong EBITDA...

Gokaldas Exports Ltd.'s price crossed below 30Day SMA today

Gokaldas Exports Ltd.

30 Oct 2021

863.00

-3.84%

Gokaldas Exports

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

The company maintained its gross margins at ~50% (up 140 bps YoY). On account of positive operating leverage and foreign exchange gain, GEL reported one of its highest EBITDA margins of 11.7% (up 285 bps YoY) NWC days increased to 90 days in Q2FY22 (vs. 85 days in FY21) due to...

Gokaldas Exports Ltd. is trading below its 30 day SMA of 883.2

Gokaldas Exports Ltd.

03 Aug 2021

863.00

-3.84%

Gokaldas Exports

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

KPR Mill is among select vertically integrated textile players in India having one of India' largest knitted garment manufacturing capacity of 157 million pieces. It has two major capex projects in the pipeline worth | 750 crore towards garmenting facility (| 250 crore) and ethanol facility (| 500 crore)...

ICICI Direct released a Buy report for Gokaldas Exports Ltd. with a price target of 1080.0 on 17 Nov, 2025.

Gokaldas Exports Ltd.

17 May 2021

863.00

-3.84%

Gokaldas Exports

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

i) US market contributes ~65% of revenues. Demand from the US market is showing strong traction with opening up of the economy. Gokaldas is getting good order flow and expects H2FY21 to be strong in revenue terms, ii) on the pandemic related issues, the management indicated it is engaging with the clients and has sought formal extension of delivery deadlines and does not foresee immediate risk of cancellation of orders, iii) margins may be negatively impacted in Q1FY21 as the management may need to operate extra shifts and pay overtime to workers post lifting of lockdown, iv) the...

Number of FII/FPI investors decreased from 146 to 132 in Sep 2025 qtr

Gokaldas Exports Ltd.

26 Oct 2020

863.00

-3.84%

Gokaldas Exports

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

i) Capacity utilisation has risen gradually from 15% in April to 80% in September, ii) global demand outlook for apparels from major brands has been encouraging due to increased demand from end consumers. Demand has seen an increasing trend on a MoM basis, iii) the management indicated that shifting of supply chain from China to other countries has gradually started. Global brands both in US and Europe are looking at de-risking their sourcing destinations, iv) Indian players have started to receive orders from new clients and over the longer term would benefit from the China +1...

Number of FII/FPI investors decreased from 146 to 132 in Sep 2025 qtr

Gokaldas Exports Ltd.

05 Feb 2020

863.00

-3.84%

Q3FY20 Result Update

Accumulate: Gokaldas Exports Ltd.

Prabhudas Lilladhar

Due to withdrawal of MEIS (4% of turnover), realisations across textile companies will be under pressure for 1 to 2 quarters after which the management expects it to gradually improve. As on December-19, the company has a robust order book to be executed by Q1FY21E. Currently, the company is already operating at full utilisation levels and now plans to debottleneck and modernize current capacities as well as add manufacturing lines through brownfield expansion resulting in ~13% rise (Cost: Rs 200m). Total capex for Greenfield expansion at Andhra Pradesh and Madhya Pradesh is Rs 650m (25%: to be funded by TUF loan) and is...

Gokaldas Exports has gained 23.55% in the last 3 Months

Gokaldas Exports Ltd.

31 Jul 2019

863.00

-3.84%

Q1FY20 Result Update

Buy: Gokaldas Exports Ltd.

Target

Prabhudas Lilladhar

Post results, we adjust our estimates for IND-AS 116 and revise our gross margin assumptions downwards by 150bps in FY20E and 50bps in FY21E due to change in product mix. We expect revenues to grow at CAGR of 18.1% to Rs 16.4bn and adj PAT at 49.1% to Rs 708m over FY19-21E. At CMP, the stock is trading at 9.5FY20E and 4.9x FY21E EPS estimates of Rs 8.6 and Rs 16.5 respectively. We...

Gokaldas Exports has gained 23.55% in the last 3 Months

Gokaldas Exports Ltd.

30 May 2019

863.00

-3.84%

Company Initiation

Buy: Gokaldas Exports Ltd.

Prabhudas Lilladhar

Gokaldas Exports (GEXP) is a leading apparel exporter since 1979 with marquee clientele across USA, Canada, Europe, Japan, Russia, Middle East, South Africa and South America. It has 16 facilities with a capacity to manufacture 30m garments pa. Originally promoted by the Hindujas, it was later sold to Blackstone in 2008. During the Blackstone era, the management focus got diluted, operational efficiencies...