TickerSutra

NSE: GOCOLORS · BSE: 543401 · ISIN INE0BJS01011

Go Fashion (India) Limited stock analysis

Go Fashion (India) Limited ranks #3342 in the TickerSutra evidence-ranked universe with a score of 41/100 and 95% data confidence. The latest captured fundamentals show ROCE of 10.8%, quarterly sales growth of 0.0% and quarterly profit growth of -25.9%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE41/100

Avoid / exit review

#3342 of 5,430 ranked equities
Market capitalisation₹1,722cr
ROCE10.8%
Quarterly sales growth0.0%
Quarterly profit growth-25.9%
P/E ratio32.3×
Promoter pledge7.6%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • CWIP indicates an active capacity pipeline

Risks and constraints

  • Debt/equity is above 0.5×
  • Promoter pledge is 7.6% of promoter holding
  • Operating margin has compressed materially

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹401cr₹124cr₹36cr31.0%
2023₹665cr₹215cr₹83cr32.0%
2024₹763cr₹246cr₹83cr32.0%
2025₹848cr₹271cr₹94cr32.0%
2026₹838cr₹240cr₹59cr29.0%
TTM₹838cr₹229cr₹53cr27.0%
Debt / equity0.77×
CFO / EBITDA0.69×
Operating margin27.0%
Free cash flow₹129cr
Sales CAGR · 3Y8.0%
Profit CAGR · 3Y-10.8%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts2 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Operating leverageHigh severity · 1 mention
Execution risk

EBITDA for the year stood at H23,710.99 lakhs, compared with H26,795.84 lakhs in the previous financial year, registering a decline of 11.51%. The reduction in EBITDA was primarily attributable to lower operating leverage arising from moderated sales volumes, together with 88 | Go Fashion (India) Limited Annual Report 2025-26 | 89 Financial StatementsStatutory ReportsCompany Overview 2025, to hold office for a term o

Management confidenceModerate severity · 1 mention
Constructive

We are very conscious that one quarter does not make a trend, and we intend to stay disciplined and measured as we build on this momentum through the rest of the year. But we are encouraged by the direction and we remain confident that in the underlying strength of the business, Go Colors continues to be one of the most recognized and trusted names in women's bottom wear Go Fashion (India) Limited July 30, 2026 Page

Export growthModerate severity · 1 mention
Positive catalyst

Ltd., a textile export company with a long-standing presence in international markets. His work in this space has earned prestigious recognitions, including the Highest Export Growth Awards in 1996 and 1998. His contributions to the Tirupur Exporters’ Association, Indian Chamber of Commerce, and other trade bodies reflect his ongoing commitment to industry development and export promotion.

Margin pressureModerate severity · 1 mention
Risk easing

India's position as a preferred global sourcing destination under the China+1 strategy strengthens export potential. Strengths Highly fragmented industry structure results in intense price competition and margin pressure. ...............................................................................

Export market updatesLow severity · 2 mentions
Constructive

Vinod Kumar Saraogi also serves as Managing Director of Meridian Global Ventures Pvt. Ltd., a textile export company with a long-standing presence in international markets. His work in this space has earned prestigious recognitions, including the Highest Export Growth Awards in 1996 and 1998.

Regulatory approvalLow severity · 6 mentions
Watch

Plant & machinery and building construction in process at warehouse. *Includes the capital items used for maintenance purposes Ageing details of Capital work-in-progress As at March 31, 2026 (Amount H in Lakhs) Particulars Less than 1 year 1 -2 Years 2 - 3 years More than 3 years Total Projects in progress - EBO Stores 760.84 42.36 12.28 19.36 834.84 Projects in progress - Warehouse - - - - - Grand Total 760.84 42.36

Regulatory updatesLow severity · 19 mentions
Watch

Fabrics and finished garments are procured through direct relationships with suppliers, enabling control over quality and sourcing practices under the Supplier Code of Conduct. The Company is establishing measurement of the share of sustainable inputs in its product portfolio and will report progress in future periods Positive: brand differentiation and readiness for evolving consumer and regulatory expectations. 5 H

Institutional interestLow severity · 3 mentions
Watch

Employees No Emails, notice board, one on one performance reviews, learning and development initiatives Ongoing / continuous Employee development, engagement and wellbeing; ideas as key driving forces. Communities Yes CSR initiatives Periodic (through CSR programmes) CSR initiatives — promote special education, health care and sanitation, women empowerment, support to students in tribal villages, eradicating hunger,

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

Loading corporate intelligence

Loading universe coverage and exchange-backed evidence…