Gokaldas Exports Limited — Investor Meet, 19-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Gokaldas Exports reported Q2 FY26 total income of INR 1,003 Cr (+7% YoY). India operations grew 14%, but Africa declined 24% due to AGOA uncertainty. EBITDA was flat at INR 84 Cr, with PBT impacted by higher costs. The company is managing a 50% US penal tariff by burden-sharing (INR 12-15 Cr Q2 impact) to retain business. Africa is poised for strong H2 growth (>USD 50M revenue) with favorable tariffs. India's order book stands at INR 900+ Cr. Management remains focused on diversification to UK/EU & cost optimization, expecting 12%+ EBITDA margin in FY27 with tariff normalization. Confident yet prudent outlook.