Gokaldas Exports (NSE:GOKEX) Gross Margin %: 50.79% (As of Mar. 2026) — 11% Above Median


NSE:GOKEX Gokaldas Exports Ltd NSE:GOKEX
85 GF Score
Price ₹858.90
GF Value ₹1,061.93
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Gokaldas Exports Gross Margin %?

Gokaldas Exports NSE:GOKEX -2.05% 85 Gross Margin % is 50.79% as of Mar. 2026, which is 11% above its 10-year median of 45.79. GuruFocus rates NSE:GOKEX with a GF Score™ of 85/100 and a GF Value™ of ₹1,061.93 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 1,019 Manufacturing - Apparel & Accessories companies, Gokaldas Exports ranks better than 77.53% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Gokaldas Exports's Gross Profit for the three months ended in Mar. 2026 was ₹5,429 Mil. Gokaldas Exports's Revenue for the three months ended in Mar. 2026 was ₹10,688 Mil. Therefore, Gokaldas Exports's Gross Margin % for the quarter that ended in Mar. 2026 was 50.79%.


The historical rank and industry rank for Gokaldas Exports's Gross Margin % or its related term are showing as below:

NSE:GOKEX' s Gross Margin % Range Over the Past 10 Years
Min: 38.29   Med: 45.79   Max: 51.13
Current: 51.13


During the past 13 years, the highest Gross Margin % of Gokaldas Exports was 51.13%. The lowest was 38.29%. And the median was 45.79%.

NSE:GOKEX's Gross Margin % is ranked better than
77.53% of 1019 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 28.49 vs NSE:GOKEX: 51.13

Gokaldas Exports had a gross margin of 50.79% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Gokaldas Exports was 2.30% per year.


Gokaldas Exports  (NSE:GOKEX) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Gokaldas Exports had a gross margin of 50.79% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Gokaldas Exports Gross Margin % Related Terms


Gokaldas Exports Gross Margin % Historical Data

* Premium members only.

The historical data trend for Gokaldas Exports's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gokaldas Exports Gross Margin % Chart

Gokaldas Exports Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.84 41.44 46.60 49.42 51.13

Gokaldas Exports Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 49.87 53.24 47.19 53.40 50.79

NSE:GOKEX vs RL, LEVI, VFC: Gross Margin % Comparison

For the Apparel Manufacturing subindustry, Gokaldas Exports's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gokaldas Exports Gross Margin % vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Gokaldas Exports's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Gokaldas Exports's Gross Margin % falls into.


NSE:GOKEX
85GF Score
Gokaldas Exports Ltd NSE:GOKEX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Gokaldas Exports Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Gokaldas Exports's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=20388 / 39876.381
=(Revenue - Cost of Goods Sold) / Revenue
=(39876.381 - 19488.402) / 39876.381
=51.13 %

Gokaldas Exports's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=5428.5 / 10688.47
=(Revenue - Cost of Goods Sold) / Revenue
=(10688.47 - 5259.932) / 10688.47
=50.79 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 50.79% mean?
Gokaldas Exports (NSE:GOKEX) has a Gross Margin % of 50.79% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Gokaldas Exports and its competitors. This is 11% above median its historical median of 45.79. Over the past decade, Gokaldas Exports' Gross Margin % has ranged from 38.29 to 51.13. According to the industry distribution chart, Gokaldas Exports ranks #229 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 22.5%.
Is Gokaldas Exports' Gross Margin % too high?
Gokaldas Exports' current Gross Margin % of 50.79% is 11% above median its 10-year median of 45.79. Over the past 10 years, this metric has ranged from a low of 38.29 to a high of 51.13. The Manufacturing - Apparel & Accessories industry median Gross Margin % is 28.49. Gokaldas Exports' value of 50.79% is 78.3% above this industry median. Based on the distribution chart, Gokaldas Exports ranks #229 out of 1019 companies in the Manufacturing - Apparel & Accessories industry, which is in the top quartile — a strong position relative to peers. Overall, Gokaldas Exports has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Gokaldas Exports' Gross Margin % compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Gokaldas Exports ranks #229 out of 1019 companies for Gross Margin %. This places Gokaldas Exports in the top 23% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 28.49. Gokaldas Exports' value of 50.79% is 78.3% above this benchmark. Historically, Gokaldas Exports' own Gross Margin % has ranged from 38.29 to 51.13 over the past decade. While the company's 10-year median is 45.79 vs. the industry median of 28.49, Gokaldas Exports has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Manufacturing - Apparel & Accessories company?
The median Gross Margin % among Manufacturing - Apparel & Accessories companies is 28.49, based on 1,019 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Gokaldas Exports's current Gross Margin % of 50.79% is 78.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Gokaldas Exports and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Gross Margin % is 28.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gokaldas Exports's current Gross Margin % is 50.79%, which is 11% above median its own 10-year median of 45.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gokaldas Exports stock overvalued right now?
Based on GuruFocus' analysis, Gokaldas Exports (NSE:GOKEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,061.93, compared to a current price of ₹858.90 — trading 19.1% below its estimated fair value. The current Gross Margin % is 50.79%, which is 11% above median its 10-year median of 45.79 and 78.3% above the Manufacturing - Apparel & Accessories industry median of 28.49. Gokaldas Exports' overall GF Score™ is 85/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Gokaldas Exports (NSE:GOKEX), the current Gross Margin % is 50.79% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Gokaldas Exports (NSE:GOKEX) Overvalued in 2026?

Based on GuruFocus' analysis, Gokaldas Exports stock appears to be undervalued. The current stock price of ₹858.90 is trading 19.1% below its estimated GF Value™ of ₹1,061.93. GuruFocus considers Gokaldas Exports to be Modestly Undervalued.

Key valuation signals for NSE:GOKEX:

  • Gross Margin %: 50.79% (11% above median its 10-year median of 45.79)
  • GF Value™: ₹1,061.93 vs. price of ₹858.90 (19.1% below fair value)
  • GF Score™: 85/100 with 9 warning signs
  • Industry Position: 78.3% above the Manufacturing - Apparel & Accessories median (#229 of 1019)

No single metric tells the full story. See the NSE:GOKEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gokaldas Exports Business Description

Other Exchanges 532630:India
Address No. 25, Second Cross, Third Main, Industrial Suburb, Yeshwantpur, Bangalore, KA, IND, 560 022
Gokaldas Exports Ltd is a manufacturer and exporter of apparel in India. Its principal business activities include the design, manufacture, and sale of a wide range of garments for men, women, and children and caters to the needs of several international fashion brands and retailers. The company mainly operates in two geographical areas - India and the rest of the world. Its principal source of revenue for the company is the export of garments and related products.
85GF Score

Get the complete analysis for NSE:GOKEX

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹858.90
Price
₹1,061.93
GF Value