Gokaldas exports — cup and handle/rising channel

mp points in the concall.

1. Financing of acquisition is done through 40mn of debt and the rest through internal accruals.
2. The acquired entity has prod. cap of 40mn with closer to 90% capacity.
3. Acquired entity has USD 15mn of wc.
4. Bangladesh there is noise of minimum wage hike-if that happens it will benefit Gokaldas.
5. 20 mn of revenue is expected to be add in future depending on the market conditions.
6. Dec 2025- duty free access to kenya ends.
7. The management is confident of duty- free access renewal as kenya has strong ties with US region.
8. There is no tax on profit earned by the acquired entity.
9. Labour cost in kenya is a little higher but productivity is more efficient.
10. There is good revenue visibility of order book for the acquired entity.
11. The client of acquired entity is different from Gokaldas barring 1 company.