Gokaldas Exports Ltd released its financial results for the fourth quarter of FY25 on Wednesday, May 21, 2025.
In Gokaldas Exports Q4 results, the company posted a consolidated net profit of ₹52.9 crore, marking a 19.4% year-on-year (YoY) growth from ₹44.3 crore reported in the same quarter of the previous fiscal year.
Following this result, the shares of Gokaldas Exports [NSE: GOKEX] opened 1.5% lower than the previous closing price. At around 10.41 AM, the shares were trading at ₹999.10, which is 4% down from the previous closing.
According to Gokaldas Exports latest results, the company recorded a YoY growth of 24.97% in its revenue from operations, reaching ₹1,015.3 crore. This number is up from ₹812.4 crore in the corresponding quarter last year.
Gokaldas Exports Ltd. Q4 Results Highlights
In this table, you will get an overview of Gokaldas Exports latest quarterly results:
| Q4 FY2024-25 | Q3 FY2024-25 | Q4 FY2023-24 | YoY Growth (%) | QoQ Growth (%) | |
| Total Income (₹ in crore) | ₹1,034.9 | ₹1,000.8 | ₹818 | 26.5% | 3.4% |
| Net profit (₹ in crore) | ₹52.9 | ₹50.3 | ₹44.3 | 19.4% | 5.2% |
| EPS (Diluted) | ₹7.09 | ₹6.75 | ₹6.88 | 3.1% | 5.0% |
Gokaldas Exports Ltd’s Financial Results Comparison with the Previous Year
Here is a table of annual data comparison of Gokaldas Exports Q4 2025 results:
| FY 2024-25 | FY 2023-24 | |
| Total Income (in crore) | ₹3,917.2 | ₹2,409 |
| Net profit (in crore) | ₹158.5 | ₹131 |
| EPS | ₹21.5 | ₹20.5 |
Updates Shared by Gokaldas Exports in the Latest Financial Results
During the announcements of Gokaldas Exports Q4 results, the company’s management provided key updates in the board meeting:
Key Financial Highlights of Q4 Gokaldas Exports Results
These are some of the key information about the latest Gokaldas Exports quarterly results:
- EBITDA stood at ₹142 crore, up 58% YoY from ₹90 crore in Q4 FY24.
- EBITDA Margin improved to 13.7%, a rise of 272 bps YoY from 11.0%.
- Profit Before Tax (PBT) increased to ₹79 crore, up 84% YoY from ₹43 crore.
- Profit After Tax (PAT) rose to ₹53 crore, compared to ₹44 crore in Q4 FY24.
Investment in BRFL Textiles Private Limited (BTPL)
As approved by the Board on June 19, 2024, the Company entered into an Investment Agreement and Securities Subscription Agreement with BRFL Textiles Private Limited (BTPL) for the subscription of Optionally Convertible Debentures (OCDs).
Up to March 31, 2025, the Company subscribed to 17.5 lakh OCDs (face value ₹1,000 each) in multiple tranches, amounting to ₹175 crore, carrying a cumulative annual coupon rate of 20.35% compounded annually.
The agreements also grant the Company certain rights and obligations to acquire securities from BTPL’s existing shareholders, subject to conditions.
Accordingly, the investment of ₹175 crore has been recognised as of March 31, 2025, along with derivative financial assets and liabilities related to the embedded call and put options.
Corporate Guarantee Provided on Behalf of BTPL
During the year ended March 31, 2025, with the approval of the Board of Directors, the Company extended corporate guarantees amounting to ₹100 crore to financial institutions on behalf of BRFL Textiles Private Limited (BTPL) for securing loans availed by BTPL.
Acquisition of Equity and Preference Shares in BTPL
At its meeting held on February 7, 2025, the Board of Directors approved the acquisition of 9,37,69,382 equity shares and 1,57,89,474 non-cumulative compulsorily convertible preference shares of BRFL Textiles Private Limited (BTPL), representing 13.30% of BTPL’s shareholding on a fully diluted basis.
This acquisition was made according to the Investment Agreement dated June 19, 2024, entered with BTPL and its existing shareholders. The transaction was completed in April 2025 for a total consideration of ₹55.67 crore.
Pending Recognition of Capital-Related Government Incentives
Gokaldas Exports Acharpura Private Limited, the Company’s wholly-owned subsidiary, commissioned a new manufacturing unit in Madhya Pradesh during FY 2021-22.
Following the commencement of commercial production, the subsidiary became eligible for certain capital-related government incentives as per the applicable Government Order.
As of March 31, 2025, the subsidiary has submitted the required documents and information to the relevant authorities, and approval is pending.
Consequently, the Group has not recognised the related government incentives in the financial results for the period ended March 31, 2025.
Recovery and Provision Related to Overseas Customer Receivable
In April 2024, an overseas customer of the Group’s subsidiary filed a reorganisation plan with the court. As of March 31, 2024, the subsidiary had outstanding receivables of ₹14.02 crore from this customer and had filed a claim with the Export Credit Guarantee Corporation (ECGC), against which a provision of ₹1.40 crore was initially made.
During FY 2024–25, the subsidiary recovered ₹1.43 crore as a priority claim from the customer and received ₹11.30 crore from ECGC under the claim settlement.
As of March 31, 2025, an outstanding balance of ₹1.29 crore remains, for which the Group has maintained a corresponding provision based on the assessment of expected credit loss.
Acquisition of Matrix Design and Industries Private Limited (MDIL)
During the year ended March 31, 2024, the Holding Company acquired 100% shareholding in Matrix Design and Industries Private Limited (MDIL) for a total consideration of ₹323.06 crore.
The consideration was settled through a combination of ₹75.57 crore in cash and the preferential allotment of 27,31,266 equity shares of Gokaldas Exports Limited at ₹906.14 per share to the sellers.
The acquisition, which resulted in a transfer of control effective March 13, 2024, was accounted for as per Ind AS 103 (Business Combination), leading to the recognition of goodwill and other intangible assets amounting to ₹356.30 crore.
Investment in Renewable Energy SPV
During the year ended March 31, 2024, the Company entered into agreements with Clean Max Enviro Energy Solutions Private Limited and Clean Max Celeste Private Limited (Special Purpose Vehicle – SPV) for investment in a renewable captive generating plant.
As part of the arrangement, the Company acquired a 26% equity stake in the SPV through an equity capital contribution of ₹3.15 crore.
The agreement also includes related power purchase arrangements. Based on an evaluation of the agreement terms, the Company has classified this transaction as an investment.
Liked this detailed article on the Q4 Gokaldas Exports results 2025? For more similar updates, do follow Torus Digital regularly.
