Gokaldas Exports Reports Strong Sales Growth Amid Concerns Over Non-Operating Income Reliance

Gokaldas Exports, a microcap player in the Garments & Apparels industry, has recently undergone a financial trend adjustment reflecting its performance metrics for the quarter ending June 2025. The company reported net sales of Rs 2,958.90 crore, showcasing a growth rate of 28.87%. Additionally, the profit after tax (PAT) for the quarter stood at Rs 41.47 crore, marking a significant increase of 52.6%. The profit before tax, excluding other income, was recorded at Rs 35.43 crore, with a growth of 24.32%.
However, the company faces challenges, particularly with non-operating income, which constitutes 37.63% of its profit before tax. This reliance on non-operating income may raise concerns about the sustainability of its financial performance.

In terms of stock performance, Gokaldas Exports has experienced notable fluctuations, with a current price of Rs 750.45, down from a previous close of Rs 821.60. Over various time frames, the stock has underperformed compared to the Sensex, particularly in the year-to-date and one-month periods. Despite these challenges, the company has shown resilience over a longer horizon, with substantial returns over three and five years.