Gokaldas Exports Limited · NSE:GOKEX
Gokaldas Exports — Q2 FY27 Earnings Presentation
23 slides from Gokaldas Exports's earnings presentation, November 2026
Slide 1: Global fashion with Indian craftsmanship
Q 2 F Y 2 7 GOKALDAS EXPORTS LIMITED I N V E S T O R P R E S E N T A T I O N Global fashion with Indian craftsmanship
Slide 2: Contents
Contents 01 R E S UL T S 02 GLOBAL 03 A B O UT G O K A L D A S HIGHLIGHTS APPAREL MARKET EXPORTS 03 - 13 14 - 17 18 - 22
Slide 3: Q2FY27 & 1H FY27
GOKALDAS EXPORTS LIMITED 3 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Q2FY27 & 1H FY27 04 MANAGEMENT COMMENTARY 05 FINANCIAL HI GHLIGHTS 11 SUMMARY OF CONSOLIDATED FI NANCIALS 13 RATIO ANALYSI S
Slide 4: Management Commentary and Outlook for FY27
GOKALDAS EXPORTS LIMITED 4 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Management Commentary and Outlook for FY27 Business Overview: Business continued its growth momentum in the second quarter of FY27, with robust growth of 10% YoY in the India business in a seasonally weak quarter supported
Slide 5: Quarterly Highlights
GOKALDAS EXPORTS LIMITED 5 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Quarterly Highlights SUMMARY OF CONSOLIDATED PROFIT & LOSS STATEMENT (₹ C R O R E S ) TOTAL INCOME KEY PERFORMANCE METRICS Q2FY27 Q1FY27 Q2FY26 YOY QOQ In Q2, the India business grew 10% YoY, supported by TOTAL INCOME 1,13
Slide 6: Half Yearly Highlights
GOKALDAS EXPORTS LIMITED 6 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Half Yearly Highlights SUMMARY OF CONSOLIDATED PROFIT & LOSS STATEMENT (₹ C R O R E S ) TOTAL INCOME KEY PERFORMANCE METRICS 1HFY27 1HFY26 YOY In 1H, the India business grew 13% YoY, supported by TOTAL INCOME 2,315 1980 17
Slide 7: Region-wise Contribution
GOKALDAS EXPORTS LIMITED 7 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Region-wise Contribution Particulars 2QFY27 1QFY27 2QFY26 YoY QoQ Particulars 1HFY27 1HFY26 YoY Total Income (₹ Crores) Total Income (₹ Crores) India 942 941 857 10% 0% India 1883 1669 13% Africa 193 239 147 32% -19% Afric
Slide 8: Financial Position Highlights
GOKALDAS EXPORTS LIMITED 8 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Financial Position Highlights ANALYSIS OF FINANCIAL POSITION (₹ C R O R E S ) CAPITAL EMPLOYED KEY PERFORMANCE METRICS Sep-26 Mar-26 YoY NON-CURRENT ASSETS During H1, the company maintained a disciplined capital INVESTMENT
Slide 9: Financial Year Highlights
GOKALDAS EXPORTS LIMITED 9 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Financial Year Highlights CASH FLOW ANALYSIS (₹ C R O R E S ) CASH FROM OPERATIONS KEY PERFORMANCE METRICS 1HFY27 1HFY26 CASH FLOW FROM OPERATING ACTIVITIES PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX ADJUSTMENTS TO RECONCILE
Slide 10: Investment Tracker
GOKALDAS EXPORTS LIMITED 10 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Investment Tracker CAPITAL EXPENDITURE ₹150 Cr. (₹ C R O R E S ) OF PLANNED CAPEX FOR THE YEAR M O D E R NI Z ATI O N AN D NE W C AP A C I T Y AND NE W YE AR TO T AL U PGR AD E S PR O J E C T S FY25 46 145 191 FY26 58 170
Slide 11: Financial Highlights
GOKALDAS EXPORTS LIMITED 11 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Financial Highlights SUMMARY OF CONSOLIDATED PROFIT & LOSS STATEMENT (₹ C R O R E S ) KEY PERFORMANCE METRICS FY22 FY23 FY24 FY25 FY26 YOY REVENUE FROM OPERATIONS 1,790.3 2,222.2 2,378.9 3,864.2 3,987.6 3.2% OTHER INCOME
Slide 12: Financial Highlights
GOKALDAS EXPORTS LIMITED 12 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Financial Highlights ANALYSIS OF FINANCIAL POSITION (₹ C R O R E S ) K E Y P E R F O R M ANCE M E T R I CS FY22 FY23 FY24 FY25 FY26 YOY NON-CURRENT ASSETS Investment in Fixed Assets 169.1 275.1 504.2 636.6 774.3 137.7 Oth
Slide 13: Ratio Analysis
GOKALDAS EXPORTS LIMITED 13 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Ratio Analysis PY CY EBITDA MARGIN NET DEBT NET DEBT / EQUITY (I N % ) (₹ C R O R E S ) (I N TI M E S ) 1HFY27 11.5% 1HFY27 429 1HFY27 0.22 FY26 10.7% FY26 553 FY26 0.17 FY25 10.8% FY25 158 FY25 0.15 FY24 11.8% FY24 336 F
Slide 14: Global Apparel Market
GOKALDAS EXPORTS LIMITED 14 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Global 15 APPAREL TRADE TRENDS 17 CONCLUSION
Slide 15: Resilient Retail Sales Growth in the US and UK Markets
GOKALDAS EXPORTS LIMITED 15 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Resilient Retail Sales Growth in the US and UK Markets HEALTHY US E-COM SALE IN THE FIRST HALF OF THE YEAR US CLOTHING RETAIL STORE US E-COM CLOTHING UK CLOTHING RETAIL STORE PRICE V/S VOLUME SALES SALES SALES CONTRIBUTIO
Slide 16: Key Markets Continue to Witness Inventory Destocking
GOKALDAS EXPORTS LIMITED 16 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Key Markets Continue to Witness Inventory Destocking INDIAN APPAREL EXPORTS DECLINED BY 6% IN 1HFY27 US APPAREL IMPORTS EU-27 APPAREL IMPORTS UK APPAREL IMPORTS INDIA APPAREL EXPORTS (I N US$ BN) (I N EUR € BN ) (I N GBP
Slide 17: Shifting Global Dynamics
GOKALDAS EXPORTS LIMITED 17 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Shifting Global Dynamics Opportunities & Challenges for India Amid Trade Uncertainty L O N G - TE R M O P P O R T U N I TI E S N E A R - T E R M C H A L LE N G E S The EU, US, and China remain the dominant global apparel
Slide 18: About Gokaldas
GOKALDAS EXPORTS LIMITED 18 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N About Gokaldas 19 ABOUT GOKALDAS EXPORTS LTD 20 MANUFACTURING PROWESS 21 I NTEGRATED VALUE CHAI N 22 I NVESTMENT MERITS
Slide 19: We are One of the Most Global Apparel Exporters in India
GOKALDAS EXPORTS LIMITED 19 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N We are One of the Most in India Gokaldas Exports Limited, a leading apparel manufacturer since 1979, Global 92 designing, manufacturing, and exporting a diverse range of apparel products for all seasons. Operations 4+ Mil
Slide 20: With Strong In-house Capabilities
GOKALDAS EXPORTS LIMITED 20 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N With Strong In-house Capabilities Worldclass In-house Testing Lab Robust Product Design Studio with Accredited by Development and 3D capability leading brands Sampling set-up Polyfill manufacturing Quilting using latest m
Slide 21: Integrated Value Chain
GOKALDAS EXPORTS LIMITED 21 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Integrated Value Chain Over the years, we have enhanced our capabilities to include a vast array of processes within our manufacturing set -up. Our strong presence across the value chain, enables us to become the preferre
Slide 22: Investment Merits
GOKALDAS EXPORTS LIMITED 22 Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N Investment Merits Well diversified across geographies, Sustainability products and clients focused operations Globally recognized vendor Fully integrated manufacturing operations, of complex value-added garments including
Slide 23: Contact Us
Q 2 F Y 2 7 I N V E S T O R P R E S E N T AT I O N GOKALDAS EXPORTS LIMITED Contact Us GOKALDAS EXPORTS LIMITED #25, 2nd Cross, 3rd Main, Industrial Suburb, Yeshwanthpur, Bangalore – 560 022, Karnataka, INDIA Tel: +91 – 80 – 6895 1000 INVESTOR RELATIONS DI WAK AR PI NGLE Diwakar.pingle@in.ey.com NI