Go Fashion (India) Ltd Stock Hits All-Time Low Amidst Prolonged Downtrend

Recent Market Performance and Price Movements

On 11 Feb 2026, Go Fashion (India) Ltd’s stock price closed at Rs 362.1, just 0.77% above its 52-week low of Rs 360.05. The stock underperformed its sector by 2.54% on the day, registering a decline of 3.86%, while the Sensex remained nearly flat with a marginal gain of 0.03%. Intraday, the share price touched a low of Rs 362.1, marking a 3.27% drop from the previous close.

The stock is trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling persistent bearish momentum. Over the past week, the stock has declined by 7.16%, compared to a 0.58% gain in the Sensex. The one-month performance shows a sharper fall of 14.51%, while the three-month decline stands at 36.01%, contrasting with the Sensex’s modest 0.51% gain over the same period.

Long-Term Underperformance Against Benchmarks

Go Fashion’s stock has exhibited consistent underperformance over extended periods. The one-year return is a negative 58.25%, starkly contrasted with the Sensex’s 10.50% gain. Year-to-date, the stock has fallen 22.25%, while the Sensex declined by just 1.08%. Over three years, the stock has lost 63.96%, whereas the Sensex appreciated by 38.92%. Notably, the stock has not delivered any gains over five and ten-year horizons, remaining flat at 0.00%, while the Sensex surged by 63.59% and 267.30%, respectively.

Financial Metrics Reflecting Current Challenges

The company’s recent quarterly results underscore the severity of its current position. Net sales for the quarter stood at Rs 194.89 crores, down 10.0% compared to the previous four-quarter average. On a yearly basis, net sales have declined by 13.06%, contributing to what MarketsMOJO classifies as very negative results for December 2025.

Profit after tax (PAT) for the quarter was Rs 7.17 crores, a steep fall of 67.5% relative to the previous four-quarter average. Return on capital employed (ROCE) for the half-year period is at a low 12.88%, indicating diminished efficiency in generating returns from capital investments.

Valuation and Efficiency Indicators

Despite the recent downturn, Go Fashion maintains a relatively attractive valuation profile. The company’s ROCE stands at 12.9%, and it trades at an enterprise value to capital employed ratio of 2.2, which is considered very attractive compared to peer averages. This valuation discount reflects the market’s cautious stance amid the company’s recent performance.

Management efficiency remains notable, with a reported ROCE of 15.78%, suggesting that the company has maintained some operational discipline. Additionally, the firm’s debt servicing capacity is strong, evidenced by a low Debt to EBITDA ratio of 1.01 times, indicating manageable leverage levels.

Operating profit has grown at an annualised rate of 30.81%, signalling some underlying strength in core business operations despite the recent sales and profit declines.

Institutional Holding and Market Sentiment

Institutional investors hold a significant stake in Go Fashion, with 40.33% of shares owned by these entities. This level of institutional ownership suggests that investors with greater analytical resources continue to maintain exposure to the company, despite the recent price weakness and negative rating adjustments.

MarketsMOJO has downgraded the stock’s Mojo Grade from Hold to Sell as of 26 May 2025, assigning a Mojo Score of 36.0. The Market Capitalisation Grade is rated at 3, reflecting the company’s mid-tier market cap status within the Garments & Apparels sector.

Sector and Peer Comparison

Within the Garments & Apparels sector, Go Fashion’s recent performance has lagged behind both sector averages and broader market indices. The stock’s underperformance is evident in its negative returns over multiple time frames, contrasting with the sector’s modest gains and the Sensex’s positive trajectory over the past year and longer periods.

The stock’s valuation discount relative to peers reflects market concerns about its recent sales contraction and profit erosion. While operating profit growth remains positive on an annualised basis, the decline in net sales and PAT highlights the challenges faced in maintaining revenue momentum and profitability.

Summary of Key Financial Trends

To summarise, Go Fashion (India) Ltd’s stock has reached an all-time low amid a backdrop of declining sales and profits. The company’s net sales fell by 13.06% year-on-year, while quarterly PAT dropped by 67.5%. The ROCE has deteriorated to 12.88%, and the stock has consistently underperformed the Sensex and BSE500 indices over the last three years.

Despite these headwinds, the company maintains strong management efficiency, a low debt burden, and an attractive valuation relative to peers. Institutional investors continue to hold a sizeable stake, reflecting ongoing confidence in the company’s fundamentals despite recent market setbacks.

Conclusion

Go Fashion (India) Ltd’s stock performance reflects a significant correction, with the share price now at historic lows. The company’s financial results over recent quarters have shown declines in key metrics, contributing to the stock’s sustained underperformance. While valuation metrics and management efficiency remain points of relative strength, the overall market context underscores the challenges faced by the company in reversing its downward trend.

Unlock special upgrade rates for a limited period. Start Saving Now →