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Go Fashion (India) Ltd

GOCOLORS

Go Fashion (India) Ltd

GOCOLORS
Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹5,942 cr, stock is ranked 744
Moderate RiskStock is 2.09x as volatile as Nifty
1,094.850.50% (-5.45)
1,094.850.50% (-5.45)

Price Chart

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Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹5,942 cr, stock is ranked 744
Moderate RiskStock is 2.09x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is overpriced but is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Consumer DiscretionaryApparel & Accessories
SmallcapWith a market cap of ₹5,942 cr, stock is ranked 744
Moderate RiskStock is 2.09x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
69.319.84—
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
39.716.900.71%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 8 analysts

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Go Fashion (India) Ltd is an India-based clothing apparel company engaged in the development, design, sourcing, marketing and retailing a range of women's bottom-wear products under the brand, Go Colors.

Investor Presentation

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Oct 25, 2024

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Higher than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 21.18%, vs industry avg of 7.67%

Increasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share increased from 0.8% to 1.36%

Higher than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of 21.76%, vs industry avg of 6.65%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue66.36115.45190.06298.52410.88299.49422.10677.19780.13835.13
Raw Materialssubtract41.7655.2076.89111.95166.6770.71188.94299.67238.78555.32
Power & Fuel Costsubtract0.370.641.322.213.964.205.218.3111.88
Employee Costsubtract8.5615.8227.5041.9661.9561.4973.06102.30130.21
Selling & Administrative Expensessubtract18.9022.7037.9325.1338.3934.6314.8846.5350.21
Operating & Other expensessubtract-6.124.859.5930.576.9749.40-4.74-6.5786.04
Depreciation/Amortizationsubtract1.242.263.6932.1346.5760.5071.8487.05110.38120.17
Interest & Other Itemssubtract0.210.581.8212.3618.0821.7025.0531.2242.3944.50
Taxes & Other Itemssubtract0.125.3610.7311.2715.650.4012.2725.8927.4429.40
EPS0.885.3613.7313.7517.55-1.188.4715.3315.3315.88
DPS0.000.000.000.000.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2022

Annual report

PDF

Investor Presentation

May 7PDF
Feb 5PDF
FY 2023

Annual report

PDF

Investor Presentation

May 5PDF
Jan 25PDF
Nov 4PDF
Aug 10PDF
FY 2024

Annual report

PDF

Investor Presentation

Jul 31PDF
FY 2025

Annual Report Pending

Investor Presentation

Oct 25PDF
 

Peers & Comparison

Comparing 3 stocks from 
Consumer DiscretionaryApparel & Accessories

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Go Fashion (India) Ltd71.779.84—
Page Industries Ltd91.7232.690.79%
Safari Industries (India) Ltd75.6716.160.15%
Raymond Lifestyle Ltd5.915.55—

Price Comparison

Compare GOCOLORS with any stock or ETF
Compare GOCOLORS with any stock or ETF
GOCOLORS
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding52.79%24.38%8.44%11.79%2.61%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep11.02%11.00%12.05%12.15%12.69%11.79%

Mutual Funds Holding Trend

Mutual Fund Holding

Increasing Mutual Fund holdings are generally considered good, as it reflects that fund managers are becoming more bullish about the stock

In last 3 months, mutual fund holding of the company has almost stayed constant

Top 5 Mutual Funds holding Go Fashion (India) Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
SBI Small Cap Fund - Growth - Direct Plan

Growth
6.6085%1.18%-0.08%36/61 (-2)
SBI Balanced Advantage Fund - Direct Growth

Growth
1.7489%0.31%0.01%98/151 (-4)
Kotak Small Cap Fund - Growth - Direct Plan

Growth
1.6880%0.57%-0.04%48/83 (+20)

Compare 3-month MF holding change on Screener

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

GOCOLORS has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Dividends

Hmm, looks like data is unavailable here. Please come back after some time
News & Opinions
Earnings
Go Fashion (India) standalone net profit rises 2.94% in the September 2024 quarter

Net profit of Go Fashion (India) rose 2.94% to Rs 20.63 crore in the quarter ended September 2024 as against Rs 20.04 crore during the previous quarter ended September 2023. Sales rose 10.42% to Rs 208.53 crore in the quarter ended September 2024 as against Rs 188.85 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales208.53188.85 10 OPM %30.5029.97 - PBDT59.2551.60 15 PBT28.1925.76 9 NP20.6320.04 3 Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Go Fashion records PAT of Rs 20.6 crore in Q2; EBITDA margin at 30.5%

EBITDA improved by 12% to Rs 63.6 crore while EBITDA margin expanded by 50 basis points to 30.5% in September'24 quarter. Profit before tax in Q2 FY25 stood at Rs 28.2 crore, up by 9% from Rs 29.3 crore in Q2 FY24. Gautam Saraogi, CEO, Go Fashion (India), said: We have successfully sustained our growth momentum despite the ongoing challenges in the apparel retail sector. For H1 FY25, our revenue grew by 13% to Rs 429 crore and our EBITDA stood at Rs 136 crore, a growth of 12%. Despite a softer demand environment, we have maintained our EBITDA Margins at 32%. This is due to an improved product mix and our high focus on maintaining operational and cost efficiency. Our full-price sales accounted for 95%, with an average selling price of Rs 742. In a challenging demand environment, this underscores strong customer loyalty and acceptance of our product and its pricing. Our brand's ability to not rely on discounting sets us apart in the industry. In H1 FY25, we added a net of 41 new stores, bringing our total store count to 755. Inventory days stood at 97 days, compared to 104 days in March 2024. We anticipate stronger demand in the upcoming festive season, supported by early positive trends in footfall. For FY25, we expect inventory days to stabilize between 90-95 days. We continue to prioritize cash efficiency and have achieved a Pre-Ind AS operating cash flow of Rs 55 crore. Moving forward, our target is to convert more than 50% of our EBITDA into operating cash flows by strategically focusing on maintaining inventory days. This will further strengthen our financial position. Our strategy of positioning ourselves as the go-to brand for all categories of women's bottom wear, coupled with our focus on quality and competitive pricing, is expected to drive sustainable growth in the years to come. Go Fashion (India) is involved in the retailing of women's bottom wear products under its brand, Go Colors. The products are sold in the domestic market through its extensive pan India retail channel comprising 755 EBOs and around 2,387 large format stores. Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Go Fashion (India) to conduct board meeting

Go Fashion (India) will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live

1 month agoCapital Market - Live

Go Fashion (India) standalone net profit rises 9.02% in the June 2024 quarter

4 months agoBusiness Standard
Earnings
Go Fashion (India) standalone net profit rises 9.02% in the June 2024 quarter

Net profit of Go Fashion (India) rose 9.02% to Rs 28.65 crore in the quarter ended June 2024 as against Rs 26.28 crore during the previous quarter ended June 2023. Sales rose 15.78% to Rs 220.09 crore in the quarter ended June 2024 as against Rs 190.10 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales220.09190.10 16 OPM %32.7833.78 - PBDT66.9059.71 12 PBT37.4334.81 8 NP28.6526.28 9 Powered by Capital Market - Live

4 months agoCapital Market - Live

Stock Alert: Bajaj Finance, Hindustan Unilever, Torrent Pharma, Schaeffler India, ICICI Securities,

4 months agoBusiness Standard

Quick fashion on quick commerce? Instamart, Blinkit in talks with top apparel brands

4 months agoEconomic Times
Corporate
Go Fashion (India) to convene board meeting

Go Fashion (India) will hold a meeting of the Board of Directors of the Company on 24 July 2024.Powered by Capital Market - Live

4 months agoCapital Market - Live

Broker’s call: Go Fashion (Buy)

4 months agoThe Hindu Businessline

Tata Consumer Products plans Rs 3,500-cr rights issue to fund acquisitions of Capital Foods, Organic India: Report

10 months agoBusiness Today