Go Fashion (India) Limited (GOCOLORS) AI Stock Analysis

• Market Cap: ₹34.87B
• Dividend Yield: N/A
• Average Volume (3M): 27.52K
• Price to Earnings (P/E): 40.0
• Beta (1Y): 1.24
• Revenue Growth: 6.65%
• EPS Growth: 2.96%
• Country: IN
• Employees: 5,000
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Apparel - Manufacturers
• EPS (TTM): 4.00
• Shares Outstanding: 54,008,984
• 10 Day Avg. Volume: 58,730
• 30 Day Avg. Volume: 27,519
• PEG Ratio: 3.10
• Price to Book (P/B): 5.39
• Price to Sales (P/S): 4.44
• P/FCF Ratio: 23.71
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ₹635.00 ▲(19.54% Upside)

The overall stock score for Go Fashion (India) Limited is driven primarily by its strong financial performance, which is offset by bearish technical indicators and a relatively high P/E ratio. The lack of earnings call data and corporate events limits further insights into the company's near-term prospects.

Positive Factors

Revenue Growth

Consistent revenue growth indicates strong market demand and effective sales strategies, enhancing the company's market position and long-term sustainability.

Cash Generation

Strong cash generation supports reinvestment and debt servicing, providing financial flexibility and stability for future growth initiatives.

Profit Margins

Improved profit margins demonstrate effective cost management and operational efficiency, contributing to long-term profitability and competitive advantage.

Negative Factors

Debt Reliance

Moderate reliance on debt can increase financial risk, potentially impacting the company's ability to navigate economic downturns and invest in growth opportunities.

Bearish Technical Indicators

While primarily a short-term indicator, persistent bearish trends can reflect underlying market concerns, potentially affecting investor confidence and capital access.

Valuation Concerns

High valuation may limit stock appeal to value-focused investors and could lead to volatility if growth expectations are not met, impacting long-term investor sentiment.

Go Fashion (India) Limited Business Overview & Revenue Model

Company Description

Go Fashion (India) Limited engages in the design, development, sourcing, marketing, and retailing of women's bottom-wear and kids apparel products under the Go Colors brand in India. Its bottom-wear products include churidars, leggings, dhotis, harem pants, patiala, palazzos, culottes, pants, trousers, and jeggings in various categories, such as ethnic wear, western wear, fusion wear, athleisure, denims, plus sizes, and girl's wear. The company sells its products through a network of 503 exclusive brand outlets, as well as through its website, online marketplaces, and multi-brand outlets. The company was formerly known as Go Fashion (India) Private Limited and changed its name to Go Fashion (India) Limited. Go Fashion (India) Limited was incorporated in 2010 and is headquartered in Chennai, India.

How the Company Makes Money

GOCOLORS generates revenue primarily through the sale of its extensive range of bottoms and related apparel. The company operates through a multi-channel retail model that includes exclusive brand outlets, multi-brand retail stores, and an online platform, allowing it to reach a broad customer base. Key revenue streams include direct sales from retail outlets, e-commerce sales, and partnerships with various online marketplaces. Additionally, GOCOLORS benefits from strategic collaborations with distributors and retailers, enhancing its market reach and brand visibility. The consistent demand for fashionable and affordable ethnic wear among Indian women contributes significantly to the company's earnings.

Go Fashion (India) Limited Financial Statement Overview

Summary

Go Fashion (India) Limited presents a compelling financial profile with consistent revenue and profit growth, robust operating margins, and a solid cash flow position. While the balance sheet suggests a moderate reliance on debt, the company's ability to generate cash and improve equity returns mitigates potential risks.

Income Statement

Go Fashion (India) Limited has demonstrated robust revenue growth, with a consistent year-on-year increase in total revenue. The gross profit margin is strong, indicating effective cost management. Net profit margin has improved significantly over the years, reflecting enhanced profitability. The EBIT and EBITDA margins also show a favorable trend, reinforcing operational efficiency.

Balance Sheet

The company's balance sheet highlights a stable financial position with consistent growth in stockholders' equity. The debt-to-equity ratio remains moderate, suggesting a balanced approach to leveraging. Return on equity has shown improvement, pointing to effective utilization of equity capital. However, the equity ratio indicates a moderate reliance on liabilities, posing some financial risk.

Cash Flow

The cash flow statements of Go Fashion (India) Limited reflect strong operating cash flows, which exceed net income, indicating healthy cash generation from operations. Free cash flow has exhibited growth, supporting the company's capacity for reinvestment and debt servicing. The free cash flow to net income ratio underscores the firm's ability to convert profits into cash effectively.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.51B	8.48B	7.63B	6.65B	4.00B	2.50B
Gross Profit	4.70B	5.37B	2.06B	4.04B	2.40B	1.46B
EBITDA	2.82B	2.68B	2.63B	2.27B	1.41B	789.02M
Net Income	871.08M	934.99M	827.76M	827.98M	356.01M	-35.39M
Balance Sheet
Total Assets	0.00	12.80B	11.39B	9.26B	7.51B	5.48B
Cash, Cash Equivalents and Short-Term Investments	2.48B	2.48B	1.96B	1.03B	1.39B	860.95M
Total Debt	0.00	5.07B	4.69B	3.39B	2.51B	2.32B
Total Liabilities	-6.97B	5.83B	5.36B	4.06B	3.13B	2.65B
Stockholders Equity	6.97B	6.97B	6.04B	5.20B	4.38B	2.83B
Cash Flow
Free Cash Flow	0.00	1.59B	1.75B	686.62M	131.61M	798.25M
Operating Cash Flow	0.00	1.99B	2.19B	1.04B	330.19M	898.53M
Investing Cash Flow	0.00	-755.88M	-1.29B	-275.68M	-584.18M	-472.58M
Financing Cash Flow	0.00	-1.23B	-1.08B	-840.89M	642.08M	-371.39M

Go Fashion (India) Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 531.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GOCOLORS, the sentiment is Negative. The current price of 531.2 is below the 20-day moving average (MA) of 603.18, below the 50-day MA of 659.68, and below the 200-day MA of 764.40, indicating a bearish trend. The MACD of -37.79 indicates Positive momentum. The RSI at 23.69 is Positive, neither overbought nor oversold. The STOCH value of 7.86 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GOCOLORS.

Go Fashion (India) Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GRMOVER	72 Outperform	₹26.10B	41.24	―	―	-8.29%	5.09%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GOCOLORS	62 Neutral	₹34.87B	40.03	―	―	6.65%	2.96%
REDTAPE	58 Neutral	₹75.79B	42.53	―	1.70%	7.29%	14.72%
JINDWORLD	52 Neutral	₹32.15B	46.05	―	0.12%	12.93%	-17.47%
LUXIND	52 Neutral	₹37.64B	24.30	―	0.17%	16.32%	-20.97%
HIMATSEIDE	50 Neutral	₹15.05B	17.35	―	0.21%	-7.55%	-30.11%

Go Fashion (India) Limited Corporate Events

Go Fashion (India) Limited Releases Q3 2025 Financial Results

Go Fashion (India) Limited announced the publication of its standalone unaudited financial results for the quarter ending September 30, 2025. These results were approved in a board meeting on November 7, 2025, and subsequently published in Financial Express and Makkal Kural on November 8, 2025. This announcement is part of the company’s compliance with SEBI regulations, reflecting its commitment to transparency and regular communication with stakeholders.

Go Fashion (India) Limited Announces Trading Window Closure

Go Fashion (India) Limited has announced the closure of its trading window for designated persons in compliance with SEBI’s insider trading regulations. This closure will be in effect from October 1, 2025, until 48 hours after the announcement of the company’s unaudited financial results for the quarter ending September 30, 2025. This measure is part of the company’s efforts to ensure transparency and regulatory compliance, potentially impacting trading activities and stakeholder expectations ahead of the financial results announcement.