Gokaldas exports Limited has announced that its Board of Directors will convene on January 31, 2026, to review and consider the company's financial performance for the third quarter of fiscal year 2026. The meeting will focus on both standalone and consolidated financial results for the quarter and nine months ended December 31, 2025.

Board Meeting Details

The company has formally notified both major stock exchanges about the upcoming board meeting in compliance with regulatory requirements. The meeting is scheduled to take place on Saturday, January 31, 2026.

Stock Exchange Notification

Gokaldas Exports Limited has informed both BSE Limited and National Stock Exchange of India Limited about the board meeting through an official communication dated January 28, 2026. The notification was made pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

The company has implemented a trading window closure for designated persons and their immediate relatives as part of its insider trading prevention measures. This restriction, which began on January 01, 2026, will remain in effect until 48 hours after the declaration of the financial results for the specified period. The closure aligns with the company's Code of Conduct and Fair Disclosure for Prohibition of Insider Trading, ensuring compliance with regulatory standards and maintaining market integrity during the results announcement period.

Gokaldas Exports experienced its most significant single-day decline since April 2020, with shares plummeting 13% during intraday trading on January 8. The apparel manufacturer and exporter, which specializes in designing, manufacturing, and exporting garments for men, women, and children, saw its stock price fall to a low of ₹597.00 from the previous closing price of ₹684.10.

Stock Performance Analysis

The dramatic decline has pushed the stock to trade more than 50% below its all-time high, representing a substantial correction from peak levels. The company's market capitalization stood at ₹4,478.62 crores on Thursday.

Key Factors Behind the Decline

US Trade Policy Uncertainty

The ongoing uncertainty around trade agreements with the US has created significant visibility issues for exporters. Indian exports currently face a steep 50% tariff to the US, making products less competitive and raising concerns over margins, demand sustainability, and long-term profitability. The situation was further complicated by US President Donald Trump's approval of a bipartisan sanctions bill proposing a 500% tariff on countries continuing to do business with Russia, including India.

Critical Order-Booking Window

January represents a crucial period for locking bulk US orders for the summer and autumn seasons. Any disruption or delay during this critical window risks weaker revenue performance for the remainder of the year, adding pressure to export-oriented companies.

Heavy US Market Dependence

Companies like Gokaldas Exports derive 50-70% of their revenue from the US market, creating significant vulnerability to policy and demand shocks. This concentration increases exposure to geopolitical and trade policy changes.

Trading Activity and Technical Indicators

The stock witnessed exceptional trading activity with over 40 lakh shares traded compared to the 20-day average of 1.5 lakh shares, indicating panic selling or institutional exits rather than routine profit-booking.

Financial Performance

The company's recent financial results show mixed performance, with revenue growth offset by declining profitability.

Investment and Capacity Expansion

Despite market challenges, the company continues its investment program with ₹110 crores spent in H1 FY26 and a full-year estimate of ₹150 crores, reflecting continued focus on capacity expansion and modernization efforts. Established in 1979, Gokaldas Exports operates manufacturing facilities across India with an annual production capacity of millions of pieces and maintains a significant focus on sustainability and ethical practices.