Gokaldas Exports' Q1 operating margin trails sector median by 3.18 pp
The consolidated quarter ended with Rs 44.3 cr of net profit after Rs 30.51 cr of interest and Rs 45.81 cr of depreciation.
Filed 11 Aug 2026, 21:16 IST · after market close · Gokaldas Exports Ltd (GOKEX)
Key takeaways
- Gokaldas Exports' consolidated operating margin was 3.18 percentage points below the Consumer Discretionary peer median of 12.93%.
- Interest of Rs 30.51 cr and depreciation of Rs 45.81 cr reduced operating profit of Rs 112.5 cr to pre-tax profit of Rs 62.83 cr.
- The Q1FY27 results were filed after market close at 21:16 IST on 11 Aug 2026, so no immediate stock reaction is covered.
Price around the results
Operating margin stayed below the sector benchmark
Gokaldas Exports reported a 9.75% consolidated operating margin in Q1FY27, 3.18 percentage points below the 12.93% median for 145 Consumer Discretionary peers that have reported. The company ranked 46th from the bottom on this measure, placing its margin below the sector comparison rather than near the middle of the group.
Interest and depreciation weighed below operating profit
Operating profit of Rs 112.5 cr was reduced by Rs 30.51 cr of interest and Rs 45.81 cr of depreciation before reaching profit before tax of Rs 62.83 cr. Other income was Rs 26.66 cr, while the reported tax rate was 29.5%; these items are important when assessing how much of the Rs 44.3 cr net profit came from core operations.
No sequential or year-on-year trend is available
The quarter's consolidated revenue was Rs 1,153.51 cr and EPS was Rs 6.05, but no year-on-year or sequential comparison is provided to establish the direction of growth or margins. There is therefore no basis in the reported data to identify a multi-quarter improvement or decline.
Results were filed after market close
The company filed its Q1FY27 results at 21:16 IST on 11 Aug 2026, after the market closed.
Q1FY27 at a glance
Consolidated figures as filed with NSE — cross-checked against an independent source.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹1,154 cr |
| Other income | ₹27 cr |
| Expenses | ₹1,041 cr |
| Operating profit | ₹113 cr |
| Operating margin (%) | 9.75% |
| Interest | ₹31 cr |
| Depreciation | ₹46 cr |
| Profit before tax | ₹63 cr |
| Tax | ₹19 cr |
| Net profit | ₹44 cr |
| EPS (₹) | ₹6.05 |
Operating margin of 9.75% compares with a Consumer Discretionary sector median of 12.93% across 145 peers that have reported Q1FY27.
What to watch
- Whether operating margin moves above or below 9.75%.
- Whether interest remains near Rs 30.51 cr and depreciation near Rs 45.81 cr.
- Whether other income remains close to Rs 26.66 cr relative to profit before tax of Rs 62.83 cr.