Why is Go Fashion (India) Ltd ?
1
Poor long term growth as Operating profit has grown by an annual rate 19.40% of over the last 5 years
2
Negative results in Mar 26
- PAT(Latest six months) At Rs 15.12 cr has Grown at -65.80%
- ROCE(HY) Lowest at 10.50%
- OPERATING PROFIT TO INTEREST (Q) Lowest at 3.88 times
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -67.80% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Garments & Apparels)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Go Fashion (I) for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Go Fashion (I)
-67.8%
-1.76
38.59%
Sensex
-3.33%
-0.25
13.43%
Quality key factors
Factor
Value
Sales Growth (5y)
20.21%
EBIT Growth (5y)
19.40%
EBIT to Interest (avg)
3.02
Debt to EBITDA (avg)
2.11
Net Debt to Equity (avg)
0.54
Sales to Capital Employed (avg)
0.67
Tax Ratio
25.14%
Dividend Payout Ratio
0
Pledged Shares
24.16%
Institutional Holding
35.36%
ROCE (avg)
13.46%
ROE (avg)
11.94%
Valuation Key Factors 
Factor
Value
P/E Ratio
26
Industry P/E
78
Price to Book Value
2.20
EV to EBIT
18.48
EV to EBITDA
7.98
EV to Capital Employed
1.78
EV to Sales
2.26
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
9.62%
ROE (Latest)
8.57%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bullish
Mildly Bullish
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-19What is not working for the Company
PAT(Latest six months)
At Rs 15.12 cr has Grown at -65.80%
ROCE(HY)
Lowest at 10.50%
OPERATING PROFIT TO INTEREST (Q)
Lowest at 3.88 times
NET SALES(Q)
At Rs 196.12 cr has Fallen at -7.3% (vs previous 4Q average
PBDIT(Q)
Lowest at Rs 49.65 cr.
OPERATING PROFIT TO NET SALES (Q)
Lowest at 25.32%
PBT LESS OI(Q)
Lowest at Rs 2.01 cr.
NON-OPERATING INCOME(Q)
is 80.67 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is not working for Go Fashion (I)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 2.01 cr has Fallen at -88.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 17.46 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Latest six months
At Rs 15.12 cr has Grown at -65.80%
Year on Year (YoY)MOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 3.88 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Net Sales - Quarterly
At Rs 196.12 cr has Fallen at -7.3% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 211.68 CrMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 49.65 cr.
in the last five quartersMOJO Watch
Near term Operating Profit trend is negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 25.32%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs 2.01 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 80.67 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 8.39 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






