Gokaldas Exports Share Price in Focus; Anticipates Margin Rise After US Tariff Reduction

Gokaldas Exports, a leading Indian textile exporter to the United States, says lower US tariffs under the recent trade deal will ease margin pressure and lift quarterly core profit margins. 

Margin Improvement Expected After US Tariff Cut 

The company forecasts quarterly core margins moving from 9.7% in Q3 FY2026 to the early double‑digit range once the tariff relief takes effect. Benefits are projected to materialise after the second quarter of FY2027, although no exact date has been given. 

Impact of US Trade Deal on Export Costs 

India’s textile export sector faced an 50% tariff on US shipments, markedly higher than rates for Bangladesh and Vietnam. The new agreement reduces the tariff to 18%, providing a cost advantage for Gokaldas and its peers. The firm had previously absorbed part of the tariff cost and offered discounts to retain key accounts such as Walmart, Gap and JCPenney. 

Read More: US To Halt Collection of Tariffs from February 24, 2026, Following Supreme Court Ruling! 

Revenue Profile and Production Scale 

About 75% of Gokaldas’ standalone revenue comes from the United States. In FY2025 the company recorded revenue of ₹3,864 crore, with exports to the US, Canada, the UK and France forming the bulk of sales. Annual production stands at roughly 90 million garments. 

Management View on Market Conditions 

Managing Director Sivaramakrishnan Ganapathi noted that the tariff reduction is “better than where we were” and allows the business to progress, while also acknowledging lingering uncertainty after the US Supreme Court’s decision on former tariff measures. 

Gokaldas Exports Share Price Performance  

As of February 25, 2026, at 9:19 AM, Gokaldas Exports share price on NSE was trading at ₹727.65 up by 2.51% from the previous closing price.  

Conclusion 

Gokaldas Exports expects its core earnings margins to improve to early double digits as the US tariff on Indian textiles drops to 18% following the trade deal. The margin relief is anticipated after FY2027 Q2, with the company’s heavy reliance on the US market positioning it to benefit from the reduced tariff burden. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.