Gokaldas Exports Ltd. (F.Y. 2024-2025)

Executive Summary

Gokaldas Exports Ltd. is one of the leading apparel manufacturing and export companies in India. The company supplies to more than 50 countries. The company operates in product development, cutting, sewing, printing, washing, finishing, and logistics. The company operates more than 30 manufacturing plants across India, Kenya, and Ethiopia. During 2025, The company has a strong financial position. During the year, the company made strategic acquisitions of Atraco Group in Kenya and Ethiopia and Matrix Design in India. This company focuses on innovation, sustainability, and operational efficiency. This company has invested in advanced manufacturing technologies, modernization, capacity expansion, etc. Sustainability is the aim of Gokaldas Exports Ltd.

Company Overview

Gokaldas Exports Ltd. is one of the leading apparel manufacturing and export companies in India. It was established in 1979. The company operates in product development, cutting, sewing, printing, washing, finishing, and logistics. The company operates more than 30 manufacturing plants across India, Kenya, and Ethiopia. The company supplies to more than 50 countries. This company focuses on innovation, sustainability, and operational efficiency. The company manufactures a wide range of apparel products such as fashionwear, outerwear, bottomwear, sportswear, and healthcare garments. Sustainability is the aim of Gokaldas Exports Ltd.

Industry Overview

Gokaldas Exports Ltd. operates in the apparel industry. The company’s industry is growing due to change in consumer needs, sustainability, etc. The company operates more than 30 manufacturing plants across India, Kenya, and Ethiopia. The company also faced challenges such as change in consumer demand, change in trade policies, change in exchange rate, tariff, inflation, etc. The company’s demand is growing for sustainable products. This company has invested in advanced manufacturing technologies, modernization, capacity expansion, etc.

Financial Performance (for the year ended as on 31, March 2025) (Rs. in lakhs)

Particulars	2025	2024
Revenue from operations	3,86,423.96	2,37,888.47
Other income	5,294.43	3,010.24
Expenses
Cost of material consumed	1,95,728.78	1,24,286.25
Purchases of stock-in-trade	214.59	100.44
changes in inventories of finished goods and work-in-progress	(2,613.96)	(10,874.42)
Employee benefits expense	1,22,651.82	77,759.44
Finance costs	7,743.41	3,634.01
Depreciation and amortization expense	12,840.32	8,877.44
Job work charges	2,420.83	822.29
Net(gain)/loss on account of foreign exchange transaction and translation	(1,158.85)	(140.63)
Other expenses	32,383.98	20,534.47
Profit before exceptional items and tax	21,807.47	15,899.42
Tax expenses
Current tax	5,207.97	4,438.45
Adjusted of tax relating to earlier years	(4.62)	(27.21)
Deferred tax	750.03	(1,609.02)
Profit for the year	15,854.09	13,097.20

Source: Annual Report of Gokaldas Exports Ltd. 2025

Key Financial Ratio

Particulars	2025	2024
Current ratio	1.93	1.81
EBITDA Margin	11.4%	11.8%
Net debt/equity	0.15	0.26
Working capital (in days)	60	71
Inbound supply chain efficiency	74.1%	82.8%

Source: Annual Report of Gokaldas Exports Ltd. 2025

SWOT Analysis

Strengths

1.The company has a strong financial position in 2025.

2.The company has a strong focus on innovation, sustainability, etc.

3.The company has a strong domestic and international market.

Weaknesses

1. The company highly depends on export markets.

2.High competition in domestic and international markets.

3.The company’s net profit has declined.

Opportunities

1.The company’s demand is growing for sustainable and eco-friendly products.

2. The company can expand its business.

3.The company has government support.

4.The company’s demand is growing for the apparel market.

Threats

1.The company has strong competition.

2. There can be economic slowdown and uncertainty in the market.

3.Change in exchange rate and raw material prices.

Conclusion

Gokaldas Exports Ltd. is one of the leading apparel manufacturing and export companies in India. The company supplies to more than 50 countries. The company also faced challenges such as change in consumer demand, change in trade policies, change in exchange rate, tariff, inflation, etc. The company’s demand is growing for sustainable products. This company has invested in advanced manufacturing technologies, modernization, capacity expansion, etc. Gokaldas Exports Ltd. is well-established for future growth.