Importing Profits With Gokaldas Exports: 457% Returns In Just 2 Years

Published by Trinkerr Academy on

If you had ₹1 lakh invested in Gokaldas Exports in September 2020, you could have had ₹5.5 lakhs today! This multibagger has given its investors returns of 457% in 2 years. Here’s a quick peek at the company.

👕 Stock Name: Gokaldas Exports Ltd.

Delivering style since 1979, Gokaldas Exports has evolved to become a one-stop solution for some of the world’s most recognised apparel brands. With an annualised turnover of about $250 million, Gokaldas Exports is India’s largest manufacturer and exporter of apparel.

🧵 Product Range:
▪️ Casual Wear
▪️ Outerwear (including sportswear and winter wear)
▪️ Bottom wear for men, women and children.

🧵Revenue Breakup:
▪️ 49% from men’s wear
▪️ 41% from women’s wear
▪️ 10% from kidswear and others

38% of revenue in FY21 came from customers who have been loyal to the brand for more than 10 years, while 48% came from customers who have served for 5-10 years. Revenue concentration from the top 3 clients has increased from 42% to 58%.

🧵 Growth Potential:
It has established long-standing relationships with global customers like GAP, Walmart, JCPenny, Adidas, H&M, Mark Spencer, Sanmar, Puma and Old Navy. Today, more than 32,000 people across 20+ production units work together to ensure that whatever the next global fashion, Gokaldas Exports is ready for it.

🧵 Stock Value:
On September 21, 2020, the shares of the company were trading at ₹60.20, while they were priced at ₹335.55 as of September 20, 2022.


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