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 ₹ 5,918 Cr.
- Current Price ₹ 1,096
- High / Low ₹ 1,453 / 847
- Stock P/E 334
- Book Value ₹ 139
- Dividend Yield 0.00 %
- ROCE 22.7 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 7.91 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Sector: Textiles Industry: Textiles - Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| Net Profit |
| 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% |
| Net Profit | -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: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|
| 30 | 35 | 59 | |
| Reserves | 35 | 35 | 129 |
| 0 | 7 | 3 | |
| 32 | 37 | 64 | |
| 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 | 139 | 125 |
| ROCE % | 16% | 23% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Listing Obligations and Disclosures Requirements) Regulations, 2015, please find enclosed the copy of newspaper advertisement with respect to Standalone Unaudited financial results for the quarter …
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
2d - Audio Link for the conference call with the Analysts/ Investors for the Q3 FY 2022-23 Financial Results of the Company conducted through digital means on …
- Statement Of Deviation Or Variation In The Use Of Proceeds Of Initial Public Offer Of Go Fashion (India) Limited 2d
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release (Revised)
2d - Press release on the unaudited financial results for the quarter and year to date ended 31st December 2022.
-
Announcement under Regulation 30 (LODR)-Investor Presentation
2d - Enclosed Investor Presentation for Q3 FY 23
Concalls
-
Jan 2023TranscriptPPT
-
Nov 2022TranscriptPPT
-
Nov 2022Transcript PPT
-
Aug 2022Transcript PPT
-
May 2022Transcript PPT
-
May 2022TranscriptPPT
-
Feb 2022Transcript PPT
India’s Leading Women Apparel brand[1]
GFIL is the first company to launch a brand exclusively dedicated to the women’s bottom-wear category, with a market share of ~8% in the branded women’s bottom-wear market in FY20.