Go Fashion (India) Ltd
GOCOLORSGo Fashion (India) Ltd
GOCOLORSPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
69.31 | 9.84 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
39.71 | 6.90 | 0.71% |
Forecast & Ratings
Detailed Forecast from 8 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
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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Compare with peersÂPage Industries Ltd
Safari Industries (India) Ltd
Raymond Lifestyle Ltd
Raymond Ltd
Arvind Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ cr.
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Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total Revenue | 66.36 | 115.45 | 190.06 | 298.52 | 410.88 | 299.49 | 422.10 | 677.19 | 780.13 | 835.13 | ||||||||||
Raw Materials | 41.76 | 55.20 | 76.89 | 111.95 | 166.67 | 70.71 | 188.94 | 299.67 | 238.78 | 555.32 | ||||||||||
Power & Fuel Cost | 0.37 | 0.64 | 1.32 | 2.21 | 3.96 | 4.20 | 5.21 | 8.31 | 11.88 | |||||||||||
Employee Cost | 8.56 | 15.82 | 27.50 | 41.96 | 61.95 | 61.49 | 73.06 | 102.30 | 130.21 | |||||||||||
Selling & Administrative Expenses | 18.90 | 22.70 | 37.93 | 25.13 | 38.39 | 34.63 | 14.88 | 46.53 | 50.21 | |||||||||||
Operating & Other expenses | -6.12 | 4.85 | 9.59 | 30.57 | 6.97 | 49.40 | -4.74 | -6.57 | 86.04 | |||||||||||
EBITDA | 2.89 | 16.24 | 36.83 | 86.70 | 132.94 | 79.06 | 144.75 | 226.95 | 263.01 | 279.81 | ||||||||||
Depreciation/Amortization | 1.24 | 2.26 | 3.69 | 32.13 | 46.57 | 60.50 | 71.84 | 87.05 | 110.38 | 120.17 | ||||||||||
PBIT | 1.65 | 13.98 | 33.14 | 54.57 | 86.37 | 18.56 | 72.91 | 139.90 | 152.63 | 159.64 | ||||||||||
Interest & Other Items | 0.21 | 0.58 | 1.82 | 12.36 | 18.08 | 21.70 | 25.05 | 31.22 | 42.39 | 44.50 | ||||||||||
PBT | 1.44 | 13.40 | 31.32 | 42.21 | 68.29 | -3.14 | 47.86 | 108.68 | 110.24 | 115.14 | ||||||||||
Taxes & Other Items | 0.12 | 5.36 | 10.73 | 11.27 | 15.65 | 0.40 | 12.27 | 25.89 | 27.44 | 29.40 | ||||||||||
Net Income | 1.32 | 8.04 | 20.59 | 30.94 | 52.64 | -3.54 | 35.59 | 82.79 | 82.80 | 85.74 | ||||||||||
EPS | 0.88 | 5.36 | 13.73 | 13.75 | 17.55 | -1.18 | 8.47 | 15.33 | 15.33 | 15.88 | ||||||||||
DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Investor Presentation
Peers & Comparison
Consumer DiscretionaryApparel & Accessories
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Go Fashion (India) Ltd | 71.77 | 9.84 | — |
Page Industries Ltd | 91.72 | 32.69 | 0.79% |
Safari Industries (India) Ltd | 75.67 | 16.16 | 0.15% |
Raymond Lifestyle Ltd | 5.91 | 5.55 | — |
Price Comparison
Compare GOCOLORS with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
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) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
---|---|---|---|---|
SBI Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 6.6085% | Percentage of the fund’s portfolio invested in the stock 1.18% | Change in the portfolio weight of the stock over the last 3 months -0.08% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 36/61 (-2) |
SBI Balanced Advantage Fund - Direct Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.7489% | Percentage of the fund’s portfolio invested in the stock 0.31% | Change in the portfolio weight of the stock over the last 3 months 0.01% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 98/151 (-4) |
Kotak Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.6880% | Percentage of the fund’s portfolio invested in the stock 0.57% | Change in the portfolio weight of the stock over the last 3 months -0.04% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 48/83 (+20) |
Compare 3-month MF holding change on Screener
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Events
Dividend Trend
No Dividends
GOCOLORS has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
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
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
Go Fashion (India) will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live
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
Stock Alert: Bajaj Finance, Hindustan Unilever, Torrent Pharma, Schaeffler India, ICICI Securities,
Quick fashion on quick commerce? Instamart, Blinkit in talks with top apparel brands
Go Fashion (India) will hold a meeting of the Board of Directors of the Company on 24 July 2024.Powered by Capital Market - Live
Broker’s call: Go Fashion (Buy)
Tata Consumer Products plans Rs 3,500-cr rights issue to fund acquisitions of Capital Foods, Organic India: Report
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 21.18%, vs industry avg of 7.67%
Increasing Market Share
Over the last 5 years, market share increased from 0.8% to 1.36%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 21.76%, vs industry avg of 6.65%