Gokaldas Exports Ltd

Dematerialisation/Rematerialisation summary

• Details of dematerialised/rematerialised securities during the period were furnished to all stock exchanges.
• Certificate confirms information provided by KFin Technologies Limited as Registrar and Share Transfer Agent.
• CDSL and NSDL confirmations that dematerialisation/rematerialisation details were furnished to all exchanges.

Gokaldas Exports Limited: Trading window will remain closed from October 01, 2026 until 48 (forty-eight) hours after the declaration of the un-audited financial results of the Company for the quarter and half year ended September 30, 2026.

AGM details

• AGM held on 28 September 2026 at 4:30 PM via video conferencing.

AGM Details

• Held via VC/OAVM on 28 Sep 2026, from 4:30 PM to 5:16 PM IST.

Key Resolutions

• Ordinary: Adoption of standalone and consolidated financial statements, auditors' report, and board's report.
• Ordinary: Re-appointment of Mathew Cyriac by rotation.

Voting & Results

• Results to be intimated separately; e-voting conducted; results not disclosed in this document.

Attendance & Participants

• 104 members attended via VC; meeting chaired by Mathew Cyriac.

Meeting Details

• Sept 24, 2026 - Coheron Wealth group meeting (virtual) with senior management.
• Sept 24, 2026 - Trinetra Asset Managers meeting with senior management.
• Sept 24, 2026 - JHP Securities meeting with senior management.
• Sept 24, 2026 - IIFL Capital Asset Management meeting with senior management.

Meeting Details

• Date: Sep 21, 2026; One-to-one virtual meeting with senior management.
• Organizer: Motilal Oswal Financial Services Ltd, Bengaluru.
• Purpose: Investor interaction with institutional investors/research analysts.
• Participants: Senior Management of Gokaldas Exports.

Meeting Details

• Sept 17, 2026 — meeting with PL Capital; time/location not disclosed.
• Sept 18, 2026 — one-to-one, physical in Bengaluru; time not disclosed.

Participants

• Senior Management (Company) to meet with investors.

Purpose

• Purpose: investor interaction; schedule of institutional investor and research analyst meetings.

Financial highlights FY26

• Consolidated total income ₹4,065 crore, up 4% YoY.
• Revenue from operations ₹3,988 crore; India anchor amid tariff shocks.
• EBITDA ₹434 crore; margin 10.7%.
• Adjusted EBITDA ₹530 crore; margin 13.0%.
• PAT ₹100.13 crore; PBT ₹171.62 crore; tariffs weighed margins.
• ROCE 15.27%; gearing 31.15% (consolidated).
• Capex ₹228 crore; new capacity ₹170 crore; upgrades ₹58 crore.
• BTPL investment: 19% stake; consolidation expected FY27.
• FY27 capex guidance ≈₹125 crore for modernisation and expansion.
• Order book remains healthy; pricing restored with demand realignment.
• Dividend: No dividend recommended for FY25-26.

Scale and footprint

• Manufacturing footprint across India, Kenya and Ethiopia.
• 30+ facilities; annual capacity 92 million pieces.
• 54,000+ workforce; ~75% women in the workforce.
• Integrated design-to-delivery platform across apparel value chain.
• Capex focus on capacity expansion and modernization.
• Kenya capacity expansion; Africa-focused growth.
• BTPL strengthens backward integration in fabric processing.
• Global reach: operations in 50+ countries; marketing offices in UAE/USA.
• FY27 capex guidance ~₹125 crore; demand-led investments.

Governance & audit

• Board: six directors; 4 non-executive, 3 independent; two women.
• George Varughese appointed Independent Director on Gokaldas Exports FZCO; Amibros merger progress.
• Six Board meetings in FY26.
• Statutory auditors MSKA & Associates: unmodified opinions.
• Secretarial audit flagged Amibros as material subsidiary; corrective actions initiated.
• Remuneration policy approved; CSR and risk governance of focus.
• Dividend Distribution Policy published on company website.
• Internal controls strengthened; Audit Committee oversight.

ESG and sustainability

• Net zero by 2045; carbon neutrality in operations by 2030; water positivity target.
• 85% renewable energy mix; 42% GHG reduction by 2030.
• 477 million litres water recycled; 86% of water demand met by recycling.
• ZDHC MRSL compliance; water-borne inks used in printing.
• HIGG Index score at facilities: 91%.
• Women representation ~75%; supervisory leadership ~47%.
• Waste management emphasizes waste reduction and circular practices.

CSR and community

• CSR expenditure ₹435.10 lakh; 18 projects; ~250,000 beneficiaries.
• Key focus areas: education, healthcare, climate action, water, livelihood.
• Unspent CSR balance ₹203.57 lakh carried forward.
• Gokaldas Exports Foundation executed community initiatives across its geographies.

Outlook and risks

• Tariff regime uncertainty weighs near term; demand realignment ongoing.
• AGOA renewal in Africa provides clarity; potential impact if policy shifts.
• UK/EU trade agreements expected to improve duty access; India’s tariff position improving.
• Rupee volatility offers some export cost-advantage; commodity cost risk persists.
• Capex discipline to balance market conditions; India sourcing secular shift remains.

Audit flags and governance notes

• No material non-compliances reported; internal controls robust.
• Independent Directors’ meeting and governance disclosures maintained.
• Amibros S.A. matter under Secretarial Audit; merger in progress.
• Secretarial and statutory audits conducted; transparency in disclosures.

Meeting Details

• Date: September 2, 2026; time not disclosed; one-on-one virtual meeting.
• Organiser: Niveshaay.
• Participants: Senior Management of Gokaldas Exports.
• Nature/Type: One-on-one; Virtual.
• Location: Bengaluru (Virtual).

Participants

• Key company participants: Senior Management.

Purpose

• Purpose: Investor/analyst interaction with senior management.