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Go Fashion (India) Ltd

₹ 458-0.47%
06 Jan – close price
🔗gocolors.com•BSE: 543401•NSE: GOCOLORS
Market Cap₹ 2,476 Cr.
Current Price₹ 458
High / Low₹ 1,010
Stock P/E28.0
Book Value₹ 137
Dividend Yield0.00 %
ROCE15.1 %
ROE14.3 %
Face Value₹ 10.0
Sales₹ 867 Cr.
OPM30.9 %
Mar Cap₹ 2,476 Cr.

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][2]GFIL is the first and largest company to launch a brand exclusively dedicated to women’s bottom-wear category, with a8% market sharein the branded women’s bottom-wear market as of 9MFY25

Also present in buckets:
Excellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.Trent4047.6088.71143887.100.12373.4211.254817.6815.9030.7118574.6617.021621.95376.8623.5817.320.38
2.Lenskart Solut.445.15293.0877227.750.00103.4519.602096.1520.775.576652.5214.69246.75102.22–2.500.45
3.A B Lifestyle120.08134.8414655.810.0023.44-40.752037.903.71–7829.9615.62124.8123.4411.18–2.67
4.Vedant Fashions563.7535.5413697.611.4256.08-16.17263.15-1.7925.931423.0644.93385.4356.087.9614.350.27
5.Aditya Bir. Fas.77.45–9452.710.00-295.09-13.931981.6612.56-2.877733.128.53-705.45-263.331.51-3.760.91
6.V2 Retail2295.9084.128371.710.0017.23992.75708.6486.4816.872430.3114.0799.5217.2320.535.513.39
7.Arvind Fashions.494.25–6603.090.3256.3526.801417.5111.3416.934916.6413.12-15.1937.636.640.891.22
8.Go Fashion (I)458.3528.042475.500.0021.805.67224.177.5015.09866.5430.8888.2721.803.347.650.72
–Median: 18 Co.294.3253.182878.470.020.344.92450.9114.9215.091668.5814.3849.3614.984.214.570.69

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
176202215190220223158182205164189209224
Expenses
116135145126148154108128142115132145158
Operating Profit
60687064726950546250576467
Other Income
3464653673477
Profit before tax
33323235373019172525262829
Tax %
26%28%25%24%23%25%23%24%22%22%22%27%25%
Net Profit
24232426292215132019202122
EPS in Rs
4.504.334.504.875.304.122.742.423.683.573.713.824.04

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
114189285392251401665763848867
Expenses
99153204264203277450517577599
Operating Profit
16368112847124215246271268
Other Income
1165322112172525
Interest
121218222531424948
Depreciation
243247607287110124128
Profit before tax
13314268-348109110123116
Net Profit
8213153-43683839488
EPS in Rs
8.0320.5910.3117.54-1.186.5915.3315.3317.3116.34
Dividend Payout %
0%0%0%0%0%0%0%0%0%–

Compounded Profit Growth

10 Years:%
5 Years:12%
3 Years:39%
TTM:3%

Compounded Sales Growth

10 Years:%
5 Years:17%
3 Years:28%
TTM:7%

Return on Equity

10 Years:%
5 Years:13%
3 Years:15%
Last Year:14%

Stock Price CAGR

10 Years:%
5 Years:%
3 Years:-28%
1 Year:-55%

Balance Sheet

Standalone figures in ₹ crores

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
10103030305454545454
Reserves
41138149207204384466550643687
Borrowings
3252203259281250340469507535
Other Liabilities
12152325366871758392
Total Liabilities
952154055215517569311,1481,2881,368
Fixed Assets
1926186256260291394527560586
Gross Block
23.2633.37197.33272.55284.04325.84525.29690.38777.31–
Accumulated Depreciation
4.427.0311.8016.8124.5334.68131.64163.73217.31–
CWIP
1228997111115
Investments
7812394646226104
Other Assets
68106194248237410508604707763
Total Assets
952154055215517569311,1481,2881,368

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
6-433579033104219199
Cash from Investing Activity
-15-11-5-18-47-58-28-129-76
Cash from Financing Activity
-099-31-44-3764-84-108-123
Net Cash Flow
-1084-3-5539-8-180

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
765651526955403846
Inventory Days
191257272302333459386317336
Days Payable
414753294248605343
Cash Conversion Cycle
226266269325359466366302338
Working Capital Days
123129125127168123121101101
ROCE %
–23%19%20%4%12%18%16%15%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
52.78%52.78%52.78%52.78%52.78%52.78%52.78%52.78%52.78%52.78%52.78%52.78%
FIIs
6.37%16.57%11.02%11.00%12.05%12.15%12.69%11.79%11.97%11.70%9.68%8.60%
DIIs
27.39%27.74%31.99%32.07%31.02%31.87%31.44%32.82%32.86%33.26%34.57%35.00%
Public
13.45%2.90%4.20%4.15%4.14%3.19%3.08%2.62%2.39%2.25%2.97%3.61%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Go Fashion (India) Ltd Receives SEBI Compliance Certificate for March 2026 Quarter

2nd April 2026, 9:28 pm

Go Fashion India Announces Trading Window Closure

25th March 2026, 11:12 pm

Go Fashion Completes Buyback and Extinguishes 14.13 Lakh Equity Shares

11th March 2026, 9:35 pm

Go Fashion Completes Equity Share Buyback and Extinguishment

11th March 2026, 9:15 pm

Go Fashion (India) to Attend Investor Conference on March 10, 2026

6th March 2026, 6:52 pm

Published by Other Websites

External media mentions & references

Pre-Open Demand Lifts Go Fashion, eMudhra, Latent View on BSE

5th January 2026, 9:35 am

RBI Rate Cut SHOCKS Market! Sensex, Nifty Surge as Banking, Realty Stocks EXPLODE - What's Next?

5th December 2025, 1:53 pm

Fashion's Cruel Twist: How a Legging Bet Left Go Colors Stumbling & Investors Reeling!

2nd December 2025, 12:21 pm

Value Fashion EXPLODES: Why Retail's Unsung Heroes Are Outperforming Premium Brands!

26th November 2025, 9:09 am

Go Fashion India: ICICI Securities Issues Strong BUY Call with Revised Target Price – Don't Miss This Update!

10th November 2025, 8:51 pm

News Articles

Editorial & research coverage

RBI Rate Cut SHOCKS Market! Sensex, Nifty Surge as Banking, Realty Stocks EXPLODE - What's Next?
RBI Rate Cut SHOCKS Market! Sensex, Nifty Surge as Banking, Realty Stocks EXPLODE - What's Next?

5th December 2025, 1:53 pm

Fashion's Cruel Twist: How a Legging Bet Left Go Colors Stumbling & Investors Reeling!
Fashion's Cruel Twist: How a Legging Bet Left Go Colors Stumbling & Investors Reeling!

2nd December 2025, 12:21 pm

Value Fashion EXPLODES: Why Retail's Unsung Heroes Are Outperforming Premium Brands!
Value Fashion EXPLODES: Why Retail's Unsung Heroes Are Outperforming Premium Brands!

26th November 2025, 9:09 am

Go Fashion Q3 PAT Plummets 71% Amid Revenue Slip
Go Fashion Q3 PAT Plummets 71% Amid Revenue Slip
Go Fashion Announces ₹65 Cr Share Buyback at ₹460, Promoters Opt Out
Go Fashion Announces ₹65 Cr Share Buyback at ₹460, Promoters Opt Out

Documents

Announcements

Closure of Trading Window
Announcement under Regulation 30 (LODR)-Change in Directorate

19 Dec - Ms. Sakshi Vijay Chopra appointed Independent Director on Dec 18, 2025; 5,03,65,448 votes polled, overwhelmingly in favour.

Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot

19 Dec - Ms Sakshi Vijay Chopra appointed Independent Director; resolution passed Dec 18, 2025 with ~99.998% votes in favour. "checklist":["Read and interpret announcement details","Assess materiality and investor …

Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2022

(from nse)

Credit Ratings

Rating update

21 Nov 2025 from icra

Rating update

23 Jan 2025 from crisil

Rating update

24 Oct 2024 from icra

Rating update

26 Oct 2023 from crisil

Rating update

27 Jul 2023 from icra

Rating update

7 Jan 2023 from crisil

Concalls

Nov 2025

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Feb 2025

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Oct 2024

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Nov 2023

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Nov 2022

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Stock Analysis

Description

  1. Go Fashion (India) Limited is a leading Indian apparel retailer specializing in women's bottom-wear under the brand 'Go Colors'. It is one of the largest players in the branded women's bottom-wear market.

Key Growth Triggers

  1. Store network expansion (aiming for 80-90 net stores in FY26), product innovation in bottom wear, pilot launches in new categories (topwear, menswear), and international expansion into the Middle East are key growth drivers. Improved gross margins from easing raw material costs also support profitability.

Order Book

  1. Currently no data available for Order Book.

Key Red Flags

  1. Q1 FY26 results showed a significant PAT decline (-22.31%) and negative Same Store Sales Growth (-2.0%). While Q2 FY26 showed recovery, H1 FY26 PAT declined YoY. Shareholder dissent was noted on certain AGM resolutions regarding director re-appointments and remuneration.

Key Dates To Watch

  1. The upcoming Q3 FY26 results announcement (expected by early Feb 2026) will be crucial for assessing continued recovery and performance trends.

Corporate Announcements

2nd Apr 26
Impact Rating: 4
Go Fashion (India) Limited received a certificate under SEBI regulations for the quarter ended March 31, 2026, confirming no dematerialisation requests from depository participants to its registrar, KFin Technologies Limited.
25th Mar 26
Impact Rating: 5
Go Fashion (India) Limited has announced the closure of its trading window for designated persons, effective April 1, 2026. This closure will remain in effect until 48 hours after the company declares its audited financial results for the quarter and year ended March 31, 2026.
11th Mar 26
Impact Rating: 7
GO Fashion (India) Limited has completed its equity share buyback, extinguishing 14.13 lakh shares at ₹460 each. The process followed SEBI's Buyback Regulations and was confirmed by CDSL.
11th Mar 26
Impact Rating: 8
Go Fashion (India) Limited has successfully completed its equity share buyback and extinguished 14,13,000 shares, reducing outstanding equity.
6th Mar 26
Impact Rating: 6
Go Fashion (India) confirmed its participation in an analyst/institutional investor conference on March 10, 2026, organised by Investec, as per SEBI regulations. Discussions will use publicly available information only.