Go Fashion (India) Ltd

₹ 1,096 -0.41%
27 Jan - close price
About

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]

Key Points

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.

  • 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

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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%

Shareholding Pattern

Numbers in percentages

3 recently
Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
52.79 52.79 52.79 52.78 52.78
10.42 7.64 6.98 6.77 6.37
19.68 22.53 23.68 23.64 27.39
17.12 17.05 16.55 16.81 13.45

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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