Go Fashion (India) Ltd
Incorporated in 2010, Go Fashion Limited (GFIL) is one of the largest women's bottom-wear brands in India. The company is engaged in the development, design, sourcing, marketing, and retailing of a range of women's bottom-wear products under the brand, 'Go Colors'. The company offers one of the widest portfolios of bottom-wear products among women's apparel retailers in terms of colors and styles. As of May 31, 2021, Go Colors sold bottom-wear in over 50 styles in more than 120 colors.[1]
- Market Cap ₹ 1,492 Cr.
- Current Price ₹ 276
- High / Low ₹ 944 / 237
- Stock P/E 84.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 22.7 %
- ROE 19.3 %
- Face Value ₹ 10.0
Pros
Cons
- Company has a low return on equity of 11.9% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Services Retailing Speciality Retail
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|
| 68 | 119 | 190 | |
| 70 | 106 | 157 | |
| Operating Profit | -2 | 13 | 33 |
| OPM % | -3% | 11% | 18% |
| 1 | 1 | 1 | |
| Interest | 0 | 1 | 2 |
| Depreciation | 1 | 2 | 4 |
| Profit before tax | -2 | 10 | 29 |
| Tax % | 0% | 51% | 38% |
| -2 | 5 | 18 | |
| EPS in Rs | -3.94 | 5.07 | 17.71 |
| Dividend Payout % | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 60% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 249% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -35% |
| 1 Year: | -63% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|
| Equity Capital | 5 | 10 | 10 |
| Reserves | 35 | 35 | 129 |
| 25 | 32 | 52 | |
| 7 | 12 | 15 | |
| Total Liabilities | 72 | 89 | 205 |
| 9 | 19 | 26 | |
| CWIP | 0 | 1 | 2 |
| Investments | 0 | 0 | 74 |
| 63 | 69 | 103 | |
| Total Assets | 72 | 89 | 205 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|
| -21 | 3 | -8 | |
| 16 | -12 | -86 | |
| 16 | -0 | 99 | |
| Net Cash Flow | 11 | -9 | 5 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|
| Debtor Days | 75 | 67 | 54 |
| Inventory Days | 389 | 247 | 257 |
| Days Payable | 79 | 53 | 49 |
| Cash Conversion Cycle | 384 | 261 | 262 |
| Working Capital Days | 203 | 119 | 120 |
| ROCE % | 16% | 23% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Number of Exclusive Brand Outlets (EBOs) Number |
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| Number of Large Format Stores (LFS) Number |
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| Average Selling Price (ASP) - EBOs INR |
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| Same Store Sales Growth (SSSG) - EBOs % |
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| Market Share in Branded Women Bottom Wear % |
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Documents
Announcements
- Extinguishment Of Equity Shares Boughtback 11 Mar
- Announcement under Regulation 30 (LODR)-Closure of Buy Back 11 Mar
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Mar - Of Schedule of Analyst / Institutional Investor meetings under the SEBI (LODR), Regulations 2015
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Mar
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Announcement under Regulation 30 (LODR)-Post Buyback Public Announcement
2 Mar - Completed buyback of 14,13,000 shares at ₹460 (Feb 13–20, 2026); consideration ₹64.99 crore; extinguishment by Mar 12, 2026.
Annual reports
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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May 2025Transcript PPT REC
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Oct 2024Transcript PPT
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Jul 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT REC
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022TranscriptPPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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May 2022TranscriptAI SummaryPPT
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Feb 2022Transcript PPT
India’s Leading Women Apparel brand[1]
GFIL is the first and largest company to launch a brand exclusively dedicated to women’s bottom-wear category, with a 8% market share in the branded women’s bottom-wear market as of 9MFY26