The 5-year analysis of Gokaldas Exports Ltd's performance infers:
We analysed the performance of Gokaldas Exports Ltd share prices over the last 10 years. Here is what we found out:
Gokaldas Exports, incorporated in 1995, is the largest exporter of garments in India. The company manufactures blazers and pants (formal and casuals), shorts, shirts, blouses, denim wear, swim wear, active and sports wear.
The company has received ISO 9001:2000 certification for its quality management.
Gokaldas Exports' manufacturing units are located at
Gokaldas Exports' manufacturing units are located at Bangalore. The units are well equipped with 48 manufacturing factories.
These units have a production capacity of 2.5 million garments a month and the company exports the same. It also has a state-of-the-art laundry fully equipped with automatic machinery and a processing capacity of over 100,000 garments a day.
The companyâ€™s Polyfill manufacturing plant has a production capacity of over 400,000 yards per month of polyfill per day ranging between 40-360gsm
GELâ€™s quilting unit has a processing capacity of over 500,000 yards per month a day. Its printing unit, installed with spider printing machines and printing tables, has a capacity to print upto 50,000 to 70,000 garments per day.
Its embroidery unit installed with 42 multi-head embroidery machines produces appliquesm badges, simple and complex embroideries fulfilling a requirement a more than 50,000 pieces per day.
The companyâ€™s label manufacturing units has production capacity of 1,00,000 labels a day. The knits manufacturing unit produces 500,000 pieces per month.
GEL also operates an in-house design facility that focuses on creating and developing new collection of garments according the seasons.
The company also operates retail chain of garment under the brand name 'The Wearhouse'. These outlets are located in Banglore, Chennai, Hyderabad and Coimbatore.
The company has strategic alliances with various fashion giants namely Nike, Mexx, Mustang, Greg Norman, Reebok, Oxbow, Old Navy, Banana Republic, Levis, Dockers, Macyâ€™s Merchandising Group, Diesel and Puma are amongst others.
The company owns subsidiaries namely All Colour Garments, Deejay Trading, Glamourwear Apparels, Madhin Trading, Magenta Trading, Rafter Trading, Rajdin Apparels, Reflexion Trading, Rishikesh Apparels, Seven Hills Clothing, SNS Clothing, Vignesh Apparels and Robot Systems
The company was awarded by Apparel Export Promotion Council for its achievement award for outstanding export performance.
Gokaldas Exports received award from Nike for achieving an on-time delivery performance of 99%.
Gokaldas Exports plans to undertake various strategic initiatives to widen its product portfolio as well as global presence.