Gokak Textiles Past Earnings Performance
Past criteria checks 2/6
Gokak Textiles has been growing earnings at an average annual rate of 35.2%, while the Luxury industry saw earnings growing at 17.3% annually. Revenues have been declining at an average rate of 8.5% per year.
Key information
35.2%
Earnings growth rate
34.9%
EPS growth rate
| Luxury Industry Growth | 17.6% |
| Revenue growth rate | -8.5% |
| Return on equity | n/a |
| Net Margin | 14.8% |
| Last Earnings Update | 31 Dec 2023 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Gokak Textiles makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 1,015 | 150 | 304 | 0 |
| 30 Sep 23 | 1,015 | 130 | 294 | 0 |
| 30 Jun 23 | 909 | 56 | 286 | 0 |
| 31 Mar 23 | 842 | 54 | 279 | 0 |
| 31 Dec 22 | 960 | -299 | 281 | 0 |
| 30 Sep 22 | 1,074 | -262 | 290 | 0 |
| 30 Jun 22 | 1,184 | -287 | 301 | 0 |
| 31 Mar 22 | 1,258 | -288 | 313 | 0 |
| 31 Dec 21 | 1,260 | -307 | 323 | 0 |
| 30 Sep 21 | 1,251 | -333 | 330 | 0 |
| 30 Jun 21 | 1,247 | -309 | 330 | 0 |
| 31 Mar 21 | 1,108 | -341 | 328 | 0 |
| 31 Dec 20 | 983 | -363 | 316 | 0 |
| 30 Sep 20 | 895 | -399 | 309 | 0 |
| 30 Jun 20 | 871 | -447 | 299 | 0 |
| 31 Mar 20 | 1,029 | -445 | 297 | 0 |
| 31 Dec 19 | 1,202 | -441 | 310 | 0 |
| 30 Sep 19 | 1,389 | -410 | 308 | 0 |
| 30 Jun 19 | 1,633 | -373 | 320 | 0 |
| 31 Mar 19 | 1,793 | -306 | 326 | 0 |
| 31 Mar 18 | 1,773 | -379 | 290 | 0 |
| 31 Mar 17 | 831 | -305 | 262 | 0 |
| 31 Mar 16 | 2,031 | -492 | 368 | 0 |
| 30 Sep 15 | 3,302 | -387 | 466 | 0 |
| 30 Sep 14 | 3,479 | -258 | 595 | 0 |
| 30 Sep 13 | 3,574 | -64 | 577 | 0 |
Quality Earnings: 532957 has a large one-off gain of ₹406.8M impacting its last 12 months of financial results to 31st December, 2023.
Growing Profit Margin: 532957 became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 532957 has become profitable over the past 5 years, growing earnings by 35.2% per year.
Accelerating Growth: 532957 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 532957 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (-2.9%).
Return on Equity
High ROE: 532957's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.