Gokak Textiles Ltd

Gokak Textiles Ltd (GOKAKTEX) is a micro-cap Textiles company valued at ₹44 crore operating in Cotton/Blended on the NSE and BSE.

Recent price move

Gokak Textiles Ltd last traded at ₹67.72, down 2.00% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹37 crore for the fiscal year ending March 2026, showing a narrowing loss compared to the previous year. The latest quarter ended June 2026, with revenue at ₹25 crore and a net loss of ₹4 crore.

Financial performance

The company's business is deteriorating, with annual revenue falling 18.5% and net profit turning from a loss of ₹43 crore to a loss of ₹37 crore. The latest quarter saw revenue rise 52.3% compared to the same quarter a year earlier, but net profit loss narrowed from ₹12 crore to ₹4 crore.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at -0.50 times book value.

Things to watch

The company continues to report a net loss, with the net profit margin worsening to -45.5% from -43.4% in the prior year. The return on capital employed is extremely low at 0.3%, and the stock is 22.3% below its 52-week high.

Where it stands

Gokak Textiles Ltd ended its fiscal year with a net loss of ₹37 crore, showing a slight improvement compared to the previous year's loss of ₹43 crore. The latest quarter saw a significant rise in revenue, but the net loss still stands at ₹4 crore. The stock is 22.3% below its 52-week high.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.