As of 6 Nov 2026, Go Fashion (India) trades at 35.3× trailing earnings, in line with the industry P/E of 35.3×, and the shares are 56% below their 52-week high. It earns ROCE of 11% and ROE of 5.6%, and sales grew 8.0% a year over 3 years while net profit fell 11%. Debt is 0.74× equity. It is a small-cap company with a market cap of ₹1,422 Cr, ranked 8th of 14 Apparel Retail companies by market cap; the shares fell 59% over the past year.
- ₹264.39
- ₹273.01
- ₹259.89
- ₹264.39
- 1.5 L
Health check
- ReturnsBehind
−59.0% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 35.3 vs industry 35.3.
- GrowthSlow
Sales +8.0%, profit −10.6% a year over 3 years.
- ProfitabilityWeak
ROCE 11.4% vs peer median 16.5%.
- Balance sheetFair
Debt 0.74× equity, interest covered 2.6×, Piotroski 4 of 9.
- Red flags4 to check
Return on equity is low at 5.6%.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,422 Cr
- Small cap
- P/E
- 35.3
- Industry 35.3
- Price to book
- 1.99
- Peers 7.01
- Dividend yield
- 0.00%
- ROE
- 5.6%
- Peers 16.5%
- ROCE
- 11.4%
- Peers 16.5%
- Debt to equity
- 0.74
- Debt ₹530 Cr
- EPS (TTM)
- ₹7.65
- Face value ₹10
- OPM (TTM)
- 25.9%
- Net margin 4.9%
- Sales growth
- −2.9%
- Latest quarter vs a year ago
- Profit growth
- −58.9%
- Latest quarter vs a year ago
- Price to sales
- 1.71
- EV/EBITDA 14.5
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
- Promoter stake up from 52.8% to 55.5%.
Risks to check
- Return on equity is low at 5.6%.
- Quarterly profit down 58.9% on a year ago.
- Quarterly sales down 2.9% on a year ago.
- 56% below its 52-week high.
About Go Fashion (India)
Go Fashion (India) Limited engages in designing, developing, sourcing, marketing, and retailing of women's and girl's bottom-wear products under the Go Colors brand in India. It offers ankle length leggings, palazzos, wide pants, kurti pants, skirts and skorts, joggers, cargos, super stretch jeggings, ethnics, printed shirts, solid shirts, short dresses, midi dresses, long dresses, t-shirts and knit tops, blouses, kurtis/kurtas, pants and trousers,…
- Headquarters
- Chennai
- Employees
- 4,771
- Sector
- Consumer Cyclical
- ISIN
- INE0BJS01011
- Website
- gocolors.com
Price range
- Avg volume (3M)
- 3.7 L
- 1-year return
- minus 59.0%
- From 52-week high
- minus 56.4%
Analyst consensus
Peers · Apparel Retail
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TRENTTrent | 3,079.00 | plus 0.79% | 1,64,182 | 86.6 | 21.13 | 28.2% | 27.1% | 19.2% | 34.7% | 57.0% | 0.13% | minus 34.5% |
| METROBRANDMetro Brands | 824.55 | minus 2.74% | 22,477 | 54.4 | 10.75 | – | 21.2% | 30.1% | – | – | 0.73% | minus 25.0% |
| ABLBLAditya Birla Lifestyle Brands | 76.99 | minus 0.65% | 9,351 | 46.9 | 6.48 | 13.2% | 15.0% | 39.5% | – | – | 0.65% | minus 43.5% |
| V2RETAILV2 Retail | 173.50 | plus 7.54% | 6,326 | 34.2 | 7.01 | 20.6% | 26.0% | 14.8% | 54.1% | – | 0.00% | minus 34.2% |
| ARVINDFASNArvind Fashions | 342.85 | minus 3.27% | 4,585 | 34.7 | 4.86 | 19.6% | 16.5% | 13.2% | 9.0% | 49.4% | 0.47% | minus 35.3% |
| PERNIASPOPPurple Style Labs | 491.05 | minus 5.39% | 3,931 | – | 8.35 | −65.6% | −901.4% | −21.4% | 14.7% | – | 0.00% | minus 13.6% |
| STYLEBAAZABaazar Style Retail | 390.75 | plus 4.84% | 3,092 | 62.1 | 6.47 | 13.5% | 11.0% | 4.1% | 32.7% | 109.4% | 0.00% | plus 11.9% |
| GOCOLORSGo Fashion (India) | 270.34 | plus 2.25% | 1,422 | 35.3 | 1.99 | 11.4% | 5.6% | 27.4% | 8.0% | −10.6% | 0.00% | minus 59.0% |
| Median of 7 peers | – | −0.65% | 6,326 | 50.6 | 7.01 | 16.5% | 16.5% | 14.8% | 32.7% | 57.0% | 0.13% | −34.2% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 224 | 195 | 196 | 223 | 218 | |
| 158 | 143 | 146 | 162 | 165 | |
| 66.6 | 52.1 | 49.6 | 60.9 | 52.6 | |
| 29.7% | 26.7% | 25.3% | 27.3% | 24.2% | |
| 7.3 | 5.1 | 8.4 | 8.4 | 6.4 | |
| 12.2 | 12.4 | 12.8 | 12.7 | 12.3 | |
| 32.8 | 34.8 | 34.8 | 34.6 | 34.7 | |
| 29 | 9.9 | 10.4 | 22 | 12.1 | |
| 24.8% | 27.9% | 23.6% | 25.2% | 26.1% | |
| 21.8 | 7.2 | 7.9 | 16.5 | 9 | |
| 4.04 | 1.33 | 1.48 | 3.14 | 1.70 |
Profit & loss
- Sales CAGR 3Y
- +8.0%
- Profit CAGR 3Y
- −10.6%
- EPS CAGR 3Y
- −10.6%
- ROE
- 5.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 663 | 762 | 847 | 836 | |
| – | +14.8% | +11.2% | minus 1.2% | |
| 440 | 512 | 569 | 589 | |
| 223 | 250 | 278 | 247 | |
| 33.6% | 32.8% | 32.8% | 29.6% | |
| 4.1 | 11.6 | 15.4 | 15.4 | |
| 28.5 | 39.1 | 46.2 | 49.1 | |
| 87.1 | 110 | 124 | 135 | |
| −2.9 | −1.4 | −0.3 | 0.2 | |
| 109 | 110 | 123 | 79 | |
| 23.8% | 24.9% | 24.2% | 25.1% | |
| 82.8 | 82.8 | 93.5 | 59.2 | |
| – | minus 0.0% | +13.0% | minus 36.7% | |
| 15.33 | 15.32 | 17.31 | 10.97 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 54 | 54 | 54 | 52.6 | |
| 466 | 550 | 643 | 638 | |
| 339 | 469 | 507 | 532 | |
| 67 | 69 | 75.9 | 72.8 | |
| 927 | 1,142 | 1,280 | 1,296 | |
| 403 | 539 | 572 | 592 | |
| 9.8 | 12.7 | 12.6 | 9 | |
| 25 | – | – | 23.4 | |
| 103 | 196 | 247 | 158 | |
| 387 | 395 | 449 | 514 | |
| 927 | 1,142 | 1,280 | 1,296 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 104 | 219 | 199 | 165 | |
| −27.6 | −129 | −75.6 | 38.1 | |
| −84.1 | −108 | −123 | −206 | |
| −7.9 | −17.9 | 0.4 | −3 | |
| −35.1 | −43.4 | −40.1 | −39.2 | |
| 68.7 | 175 | 159 | 126 |
Shareholding pattern
- Promoters55.45%
- Public44.55%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 55.45% | 44.55% | 0.00 | |
| 30 Jun 2026 | 55.45% | 44.55% | plus 1.25 | |
| 31 Mar 2026 | 54.20% | 45.80% | 0.00 | |
| 9 Mar 2026 | 54.20% | 45.80% | plus 1.41 | |
| 31 Dec 2025 | 52.79% | 47.21% | – |
Major shareholders
Filings & events
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