Go Fashion (India) Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 12:53 am

Market Cap	5,285 Cr.
Current Price	979
High / Low	1,408/933
Stock P/E	61.6
Book Value	121
Dividend Yield	0.00 %
ROCE	15.7 %
ROE	14.6 %
Face Value	10.0
PEG Ratio	0.79

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for

Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Go Fashion (India) Ltd	5,285 Cr.	979	1,408/933	61.6	121	0.00 %	15.7 %	14.6 %	10.0
7NR Retail Ltd	14.5 Cr.	5.18	10.7/4.72		9.87	0.00 %	3.31 %	4.00 %	10.0
Vaibhav Global Ltd	4,811 Cr.	289	543/263	37.4	77.9	2.07 %	14.0 %	10.8 %	2.00
V2 Retail Ltd	5,334 Cr.	1,542	1,688/278	128	83.5	0.00 %	10.8 %	10.6 %	10.0
Trent Ltd	2,42,853 Cr.	6,832	8,346/2,941	179	132	0.05 %	23.8 %	27.2 %	1.00
Industry Average	48,714.50 Cr	1,171.68		85.90	76.93	0.27%	20.35%	29.03%	6.33

All Competitor Stocks of

Quarterly Result

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	112	142	116	165	164	176	158	190	189	202	182	220	209
Expenses	77	90	77	112	115	116	108	126	132	135	128	148	145
Operating Profit	35	52	39	53	50	60	50	64	57	68	54	72	64
OPM %	31%	37%	34%	32%	30%	34%	32%	34%	30%	33%	30%	33%	30%
Other Income	5	3	3	4	3	3	3	4	4	4	6	6	7
Interest	5	5	7	6	7	7	8	8	9	10	12	11	11
Depreciation	17	17	21	19	21	23	25	25	26	29	31	29	31
Profit before tax	18	33	15	32	25	33	19	35	26	32	17	37	28
Tax %	-3%	28%	19%	23%	22%	26%	23%	24%	22%	28%	24%	23%	27%
Net Profit	19	24	12	24	19	24	15	26	20	23	13	29	21
EPS in Rs	6.20	4.39	2.28	4.53	3.57	4.50	2.74	4.87	3.71	4.33	2.42	5.30	3.82

Last Updated: November 6, 2024, 6:38 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:22 pm

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	114	189	285	392	251	401	665	763	793
Expenses	99	153	204	264	203	277	450	517	543
Operating Profit	16	36	81	128	47	124	215	246	250
OPM %	14%	19%	28%	33%	19%	31%	32%	32%	32%
Other Income	1	1	6	5	32	21	12	17	19
Interest	1	2	12	18	22	25	31	42	42
Depreciation	2	4	32	47	60	72	87	110	115
Profit before tax	13	31	42	68	-3	48	109	110	113
Tax %	40%	34%	27%	23%	13%	26%	24%	25%
Net Profit	8	21	31	53	-4	36	83	83	85
EPS in Rs	8.03	20.59	10.31	17.54	-1.18	6.59	15.33	15.33	15.76
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	162.50%	47.62%	70.97%	-107.55%	1000.00%	130.56%	0.00%
Change in YoY Net Profit Growth (%)	0.00%	-114.88%	23.35%	-178.51%	1107.55%	-869.44%	-130.56%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	22%
3 Years:	45%
TTM:	14%

Compounded Profit Growth
10 Years:	%
5 Years:	21%
3 Years:	189%
TTM:	0%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	-5%
1 Year:	-24%

Return on Equity
10 Years:	%
5 Years:	14%
3 Years:	14%
Last Year:	15%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 2:38 pm

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	10	10	30	30	30	54	54	54	54
Reserves	41	138	149	207	204	384	466	550	600
Borrowings	32	52	203	259	281	250	340	469	493
Other Liabilities	12	15	23	25	36	68	71	72	82
Total Liabilities	95	215	405	521	551	756	931	1,145	1,229
Fixed Assets	19	26	186	256	260	291	394	527	552
CWIP	1	2	2	8	9	9	7	11	10
Investments	7	81	23	9	46	46	22	6	10
Other Assets	68	106	194	248	237	410	508	601	656
Total Assets	95	215	405	521	551	756	931	1,145	1,229

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	6	-4	33	57	90	33	104	219
Cash from Investing Activity +	-15	-11	-5	-18	-47	-58	-28	-73
Cash from Financing Activity +	-0	99	-31	-44	-37	64	-84	-108
Net Cash Flow	-10	84	-3	-5	5	39	-8	38

Free Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-16.00	-16.00	-122.00	-131.00	-234.00	-126.00	-125.00	-223.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	76	56	51	52	69	55	40	38
Inventory Days	191	257	272	302	333	459	386	318
Days Payable	41	47	53	29	42	48	60	53
Cash Conversion Cycle	226	266	269	325	359	466	366	303
Working Capital Days	144	134	138	155	190	189	156	138
ROCE %		23%	19%	20%	4%	12%	18%	16%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	52.79%	52.79%	52.79%	52.78%	52.78%	52.78%	52.78%	52.78%	52.78%	52.78%	52.78%	52.78%
FIIs	10.42%	7.64%	6.98%	6.77%	6.37%	16.57%	11.02%	11.00%	12.05%	12.15%	12.69%	11.79%
DIIs	19.68%	22.53%	23.68%	23.64%	27.39%	27.74%	31.99%	32.07%	31.02%	31.87%	31.44%	32.82%
Public	17.12%	17.05%	16.55%	16.81%	13.45%	2.90%	4.20%	4.15%	4.14%	3.19%	3.08%	2.62%
No. of Shareholders	47,406	46,385	40,523	35,501	33,316	30,073	33,136	30,556	30,048	26,459	27,285	24,238

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Kotak Small Cap Fund - Regular Plan	893,989	0.59	103.45	46,979	2024-12-19	1802.95%
Canara Robeco Small Cap Fund	670,895	0.65	77.64	46,979	2024-12-19	1328.07%
Aditya Birla Sun Life Equity Advantage Fund	598,965	1.1	69.31	46,979	2024-12-19	1174.96%
Aditya Birla Sun Life India GenNext Fund	374,775	0.75	43.37	46,979	2024-12-19	697.75%
SBI Consumption Opportunities Fund	338,164	1.46	39.13	46,979	2024-12-19	619.82%
Aditya Birla Sun Life Equity Hybrid 95 Fund	265,440	0.38	30.72	46,979	2024-12-19	465.02%
L&T Large and Midcap Fund - Regular Plan	100,000	0.86	13.99	46,979	2024-12-19	112.86%
Aditya Birla Sun Life Bal Bhavishya Yojna - Savings Plan	101,663	1.52	12.04	46,979	2024-12-19	116.4%
Motilal Oswal Nifty Microcap 250 Index Fund	46,979	0.4	5.44	46,979	2024-12-19	0%

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	15.32	15.33	6.74	-0.68	10.08
Diluted EPS (Rs.)	15.32	15.33	6.74	-0.68	10.08
Cash EPS (Rs.)	35.76	31.45	19.29	18.99	33.07
Book Value[Excl.RevalReserv]/Share (Rs.)	111.81	96.36	81.17	77.98	79.10
Book Value[Incl.RevalReserv]/Share (Rs.)	111.81	96.36	81.17	77.98	79.10
Revenue From Operations / Share (Rs.)	141.24	123.18	74.30	83.56	130.67
PBDIT / Share (Rs.)	48.09	41.51	25.89	25.98	43.78
PBIT / Share (Rs.)	27.65	25.39	13.18	5.81	28.25
PBT / Share (Rs.)	20.41	20.12	8.86	-1.04	22.76
Net Profit / Share (Rs.)	15.33	15.33	6.59	-1.18	17.54
PBDIT Margin (%)	34.04	33.70	34.83	31.09	33.50
PBIT Margin (%)	19.57	20.61	17.74	6.95	21.62
PBT Margin (%)	14.44	16.33	11.92	-1.25	17.41
Net Profit Margin (%)	10.85	12.44	8.87	-1.41	13.42
Return on Networth / Equity (%)	13.70	15.90	8.12	-1.51	22.17
Return on Capital Employeed (%)	14.89	17.14	11.50	3.47	18.14
Return On Assets (%)	7.26	8.93	4.73	-0.64	10.13
Total Debt / Equity (X)	0.00	0.00	0.00	0.04	0.01
Asset Turnover Ratio (%)	0.73	0.79	0.61	0.46	1.00
Current Ratio (X)	3.96	3.57	3.15	5.39	4.39
Quick Ratio (X)	2.38	1.75	1.90	3.64	2.35
Inventory Turnover Ratio (X)	0.71	0.89	0.97	0.52	1.21
Interest Coverage Ratio (X)	6.64	7.88	5.99	3.79	7.97
Interest Coverage Ratio (Post Tax) (X)	3.12	3.91	2.53	0.82	4.20
Enterprise Value (Cr.)	6300.36	5328.59	5378.85	0.00	0.00
EV / Net Operating Revenue (X)	8.26	8.01	13.40	0.00	0.00
EV / EBITDA (X)	24.26	23.77	38.47	0.00	0.00
MarketCap / Net Operating Revenue (X)	8.51	8.14	13.67	0.00	0.00
Price / BV (X)	10.75	10.41	12.51	0.00	0.00
Price / Net Operating Revenue (X)	8.51	8.14	13.67	0.00	0.00
EarningsYield	0.01	0.01	0.01	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 22, 2024 is: 1,109.99

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 22, 2024, is Undervalued by 13.38% compared to the current share price 979.00

Intrinsic Value of as of December 22, 2024 is: 1,977.35

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 22, 2024, is Undervalued by 101.98% compared to the current share price 979.00

Last 5 Year EPS CAGR: 78.14%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (304.33 cr) compared to borrowings (264.33 cr), indicating strong financial stability. The company has shown consistent growth in sales (428.11 cr) and profit (59.00 cr) over the years.	The stock has a low average ROCE of 14.00%, which may not be favorable. The stock has a high average Working Capital Days of 155.50, which may not be favorable. The stock has a high average Cash Conversion Cycle of 322.50, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 10.85%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 14.89% (Industry Average ROCE: 20.35%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 13.7% (Industry Average ROE: 25.8%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3.12
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.38
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 61.6 (Industry average Stock P/E: 47.72)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Go Fashion (India) Ltd. is a Public Limited Listed company incorporated on 09/09/2010 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L17291TN2010PLC077303 and registration number is 077303. Currently Company is involved in the business activities of Other retail sale in non-specialized stores. Company’s Total Operating Revenue is Rs. 401.31 Cr. and Equity Capital is Rs. 54.01 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Retail - Apparel/Accessories	No.18, Nungambakkam High Road, Chennai (Madras) Tamil Nadu 600034	actsmain@gocolors.com http://www.gocolors.com

Management
Name	Position Held
Mr. Srinivasan Sridhar	Chairman & Ind.Director
Mr. Prakash Kumar Saraogi	Managing Director
Mr. Gautam Saraogi	Executive Director & CEO
Mr. Rahul Saraogi	Non Executive Director
Mr. Dinesh Madanlal Gupta	Independent Director
Ms. Rohini Manian	Independent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 22 December 2024 is ₹1109.99, which is 13.38% higher than the current market price of ₹979.00. The stock has a market capitalization of 5,285 Cr. and recorded a high/low of 1,408/933 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹600 Cr and total liabilities of ₹1,229 Cr.

What is the Market Cap of ?

The Market Cap of is 5,285 Cr..

What is the current Stock Price of as on 22 December 2024?

The current stock price of as on 22 December 2024 is 979.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 1,408/933.

What is the Stock P/E of ?

The Stock P/E of is 61.6.

What is the Book Value of ?

The Book Value of is 121.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 15.7 %.

What is the ROE of ?

The ROE of is 14.6 %.

What is the Face Value of ?

The Face Value of is 10.0.