Balance Sheet Go Fashion (India) Limited

Equities

GOCOLORS

INE0BJS01011

Apparel & Accessories Retailers

Market Closed - NSE India S.E. Other stock markets 05:10:29 11/09/2024 pm IST			5-day change	1st Jan Change
1,214.00 ^INR	+1.55%		+5.38%	-3.01%

10/09	Go Fashion Limited Appoints Vatsal Koolwal as Head of Marketing and E-Commerce	CI
24/07	Transcript : Go Fashion Limited, Q1 2025 Earnings Call, Jul 24, 2024

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Published financial data: GO FASHION (INDIA) LIMITED

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Revenues	392.01Cr	250.67Cr	401.31Cr	665.28Cr	762.83Cr
Total Revenues	392.01Cr	250.67Cr	401.31Cr	665.28Cr	762.83Cr
Cost of Goods Sold, Total	165.47Cr	110.63Cr	168.51Cr	272.51Cr	307.01Cr
Gross Profit	226.55Cr	140.04Cr	232.8Cr	392.77Cr	455.81Cr
Selling General & Admin Expenses, Total	80Cr	74Cr	91Cr	141.18Cr	168.54Cr
Provision for Bad Debts	-	-	1L	4.85Cr	19.67L
Depreciation & Amortization - (IS)	47Cr	60Cr	69Cr	87Cr	110.38Cr
Other Operating Expenses	18Cr	17Cr	20Cr	31Cr	41Cr
Other Operating Expenses, Total	144.46Cr	151.59Cr	180Cr	264.44Cr	320.11Cr
Operating Income	82Cr	-12Cr	53Cr	128.33Cr	135.7Cr
Interest Expense, Total	-16Cr	-21Cr	-23Cr	-28Cr	-39Cr
Interest And Investment Income	4.52Cr	31Cr	3.33Cr	5.57Cr	13Cr
Net Interest Expenses	-12Cr	11Cr	-20Cr	-23Cr	-26Cr
Currency Exchange Gains (Loss)	-14.36L	22.39L	-19.8L	-1.76Cr	-47T
Other Non Operating Income (Expenses)	30.89L	10.53L	20.89L	23.9L	46.49L
EBT, Excl. Unusual Items	70Cr	-53.96L	33Cr	103.92Cr	110.1Cr
Gain (Loss) On Sale Of Investments	-	-	1.02Cr	2.8Cr	1.33Cr
Gain (Loss) On Sale Of Assets	-8L	-	76T	4L	-2L
Asset Writedown	-1.93Cr	-2.59Cr	-2.19Cr	-1.33Cr	-3.47Cr
Other Unusual Items	-	-	16Cr	3.26Cr	2.29Cr
EBT, Incl. Unusual Items	68Cr	-3.13Cr	48Cr	108.69Cr	110.23Cr
Income Tax Expense	16Cr	40.4L	12Cr	26Cr	27Cr
Earnings From Continuing Operations	53Cr	-3.54Cr	36Cr	83Cr	83Cr
Net Income to Company	53Cr	-3.54Cr	36Cr	83Cr	83Cr
Net Income - (IS)	53Cr	-3.54Cr	36Cr	83Cr	83Cr
Preferred Dividend and Other Adjustments	59T	49T	49T	-	-
Net Income to Common Incl Extra Items	53Cr	-3.54Cr	36Cr	83Cr	83Cr
Net Income to Common Excl. Extra Items	53Cr	-3.54Cr	36Cr	83Cr	83Cr
Per Share Items
Net EPS - Basic	10.08	-0.68	6.74	15.33	15.33
Basic EPS - Continuing Operations	10.08	-0.68	6.74	15.33	15.33
Basic Weighted Average Shares Outstanding	5.22Cr	5.22Cr	5.28Cr	5.4Cr	5.4Cr
Net EPS - Diluted	10.08	-0.68	6.74	15.33	15.32
Diluted EPS - Continuing Operations	10.08	-0.68	6.74	15.33	15.32
Diluted Weighted Average Shares Outstanding	5.22Cr	5.22Cr	5.28Cr	5.4Cr	5.4Cr
Normalized Basic EPS	8.42	-0.06	3.88	12.03	12.74
Normalized Diluted EPS	8.42	-0.06	3.88	12.03	12.74
Payout Ratio	0.01	-0.14	0.01	-	-
Supplemental Items
EBITDA	89Cr	-2.83Cr	64Cr	144.39Cr	155.98Cr
EBITA	82Cr	-12Cr	53Cr	128.33Cr	135.7Cr
EBIT	82Cr	-12Cr	53Cr	128.33Cr	135.7Cr
EBITDAR	142.45Cr	37Cr	124.63Cr	154.98Cr	171.62Cr
Total Revenues (As Reported)	396.84Cr	282.25Cr	422.11Cr	677.19Cr	780.13Cr
Effective Tax Rate - (Ratio)	22.92	-12.89	25.64	23.82	24.9
Total Current Taxes	20Cr	2.5Cr	16Cr	31Cr	33Cr
Total Deferred Taxes	-4.65Cr	-2.1Cr	-3.84Cr	-5.07Cr	-5.98Cr
Normalized Net Income	44Cr	-33.72L	21Cr	65Cr	69Cr
Interest on Long-Term Debt	16Cr	20Cr	23Cr	28Cr	39Cr
Non-Cash Pension Expense	4L	9L	13.22L	19.06L	35.59L
Supplemental Operating Expense Items
Advertising Expense	7.12Cr	6.36Cr	9.14Cr	28Cr	23Cr
Selling and Marketing Expenses	7.12Cr	6.36Cr	9.14Cr	28Cr	23Cr
Net Rental Expense, Total	53Cr	40Cr	60Cr	11Cr	16Cr
Imputed Operating Lease Interest Expense	-	30Cr	47Cr	8.18Cr	12Cr
Imputed Operating Lease Depreciation	-	10Cr	14Cr	2.42Cr	3.53Cr
Maintenance & Repair Expenses, Total	7.93Cr	6.65Cr	8.28Cr	11Cr	15Cr

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	10L	13Cr	105.77Cr	34Cr	71Cr
Short Term Investments	28Cr	20Cr	-	47Cr	118.74Cr
Trading Asset Securities, Total	8.86Cr	46Cr	46Cr	22Cr	6.07Cr
Total Cash And Short Term Investments	37Cr	80Cr	151.7Cr	102.64Cr	196.27Cr
Accounts Receivable, Total	56Cr	47Cr	60Cr	72Cr	79Cr
Other Receivables	1.89Cr	4L	19.63L	22.03L	3.51Cr
Total Receivables	58Cr	47Cr	60Cr	72Cr	83Cr
Inventory	105.86Cr	81Cr	165.92Cr	230.31Cr	216.35Cr
Prepaid Expenses	7.29Cr	5.9Cr	2.73Cr	1.16Cr	1.51Cr
Other Current Assets, Total	21Cr	34Cr	36Cr	44Cr	46Cr
Total Current Assets	228.19Cr	248.18Cr	416.85Cr	450.97Cr	542.47Cr
Gross Property Plant And Equipment	277.63Cr	289.53Cr	324.34Cr	446.8Cr	599.46Cr
Accumulated Depreciation	-15Cr	-22Cr	-32Cr	-46Cr	-63Cr
Net Property Plant And Equipment	263.09Cr	267.58Cr	292.48Cr	400.32Cr	536.71Cr
Long-term Investments	-	-	-	25Cr	-
Other Intangibles, Total	73.16L	51.27L	35.93L	71.25L	85.04L
Deferred Tax Assets Long-Term	5.61Cr	7.65Cr	11Cr	17Cr	23Cr
Other Long-Term Assets, Total	22Cr	24Cr	30Cr	33Cr	37Cr
Total Assets	519.19Cr	548.37Cr	751.21Cr	926.34Cr	1.14TCr
Liabilities
Accounts Payable, Total	10Cr	11Cr	18Cr	30Cr	37Cr
Accrued Expenses, Total	3.06Cr	7.67Cr	26Cr	19Cr	17Cr
Short-term Borrowings	2.79Cr	10Cr	83.73L	-	-
Current Portion of Leases	27Cr	4.59Cr	72Cr	65Cr	76Cr
Current Income Taxes Payable	-	1.82Cr	4.66Cr	3.59Cr	50.51L
Other Current Liabilities	8.35Cr	11Cr	11Cr	8.27Cr	6.88Cr
Total Current Liabilities	52Cr	46Cr	132.21Cr	126.19Cr	137.05Cr
Long-Term Leases	179.43Cr	217.32Cr	177.67Cr	274.6Cr	393.38Cr
Pension & Other Post Retirement Benefits	1.42Cr	2.11Cr	2.93Cr	5.1Cr	5.15Cr
Other Non Current Liabilities	-	1T	-	-	-
Total Liabilities	232.88Cr	265.43Cr	312.81Cr	405.89Cr	535.57Cr
Preferred Stock Convertible	49Cr	49Cr	-	-	-
Total Preferred Equity	49Cr	49Cr	-	-	-
Common Stock, Total	30Cr	30Cr	54Cr	54Cr	54Cr
Additional Paid In Capital	86Cr	86Cr	230.48Cr	230.64Cr	230.64Cr
Retained Earnings	121.52Cr	118.15Cr	153.92Cr	235.8Cr	319.25Cr
Total Common Equity	237.31Cr	233.94Cr	438.41Cr	520.45Cr	603.9Cr
Total Equity	286.3Cr	282.94Cr	438.41Cr	520.45Cr	603.9Cr
Total Liabilities And Equity	519.19Cr	548.37Cr	751.21Cr	926.34Cr	1.14TCr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	5.22Cr	3Cr	5.4Cr	5.4Cr	5.4Cr
ECS Total Common Shares Outstanding	5.22Cr	3Cr	5.4Cr	5.4Cr	5.4Cr
Book Value / Share	45.46	77.98	81.17	96.36	111.81
Tangible Book Value	236.58Cr	233.43Cr	438.05Cr	519.74Cr	603.05Cr
Tangible Book Value Per Share	45.32	77.81	81.11	96.23	111.66
Total Debt	209.58Cr	232.34Cr	250.64Cr	339.5Cr	469.1Cr
Net Debt	172.82Cr	152.59Cr	99Cr	236.86Cr	272.83Cr
Debt Equivalent of Unfunded Proj. Benefit Obligation	1.42Cr	2.11Cr	2.93Cr	5.26Cr	5.37Cr
Debt Equivalent Oper. Leases	427.47Cr	320.58Cr	482.04Cr	85Cr	125.08Cr
Account Code - Inventory Valuation	-	6	6	6	6
Inventories - Raw Materials, Total	17Cr	12Cr	45Cr	31Cr	34Cr
Inventories - Work In Process, Total	6.46Cr	4.8Cr	15Cr	14Cr	14Cr
Inventories - Finished Goods, Total	84Cr	67Cr	110.75Cr	189.6Cr	174.04Cr
Machinery, Total	75Cr	80Cr	96Cr	114.12Cr	122.44Cr
Full Time Employees	-	-	3.16T	4.32T	5T
Accumulated Allowance for Doubtful Accounts (Supple)	-	25.34L	35.63L	54.18L	39.49L

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	53Cr	-3.54Cr	36Cr	83Cr	83Cr
Depreciation & Amortization - CF	46Cr	60Cr	68Cr	87Cr	110.05Cr
Depreciation & Amortization, Total	46Cr	60Cr	68Cr	87Cr	110.05Cr
Amortization of Deferred Charges, Total - (CF)	20.45L	31.37L	24.7L	13.64L	32.76L
(Gain) Loss From Sale Of Asset	8L	-	-	-4L	2L
Asset Writedown & Restructuring Costs	1.93Cr	2.59Cr	2.19Cr	1.33Cr	3.47Cr
Provision and Write-off of Bad Debts	-	-	11.46L	5.03Cr	5L
Other Operating Activities, Total	9.17Cr	-33Cr	8Cr	15Cr	13Cr
Change In Accounts Receivable	-17Cr	8.5Cr	-13Cr	-17Cr	-6.96Cr
Change In Inventories	-38Cr	22Cr	-89Cr	-68Cr	14Cr
Change In Accounts Payable	-22Cr	7.34Cr	12Cr	94.29L	5.04Cr
Change in Other Net Operating Assets	23Cr	25Cr	9.03Cr	-2.81Cr	-3.3Cr
Cash from Operations	57Cr	90Cr	33Cr	103.74Cr	218.69Cr
Capital Expenditure	-28Cr	-10Cr	-20Cr	-35Cr	-43Cr
Sale of Property, Plant, and Equipment	81T	2L	4L	14.36L	5L
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-7.19Cr	-31Cr	-36Cr	12Cr	-25Cr
Other Investing Activities, Total	-6.24Cr	-5.82Cr	-2.93Cr	-4.5Cr	-4.43Cr
Cash from Investing	-42Cr	-47Cr	-58Cr	-28Cr	-73Cr
Long-Term Debt Repaid, Total	-27Cr	-17Cr	-32Cr	-84Cr	-107.75Cr
Total Debt Repaid	-27Cr	-17Cr	-32Cr	-84Cr	-107.75Cr
Issuance of Common Stock	-	-	118.71Cr	-	-
Common Dividends Paid	-	-	-	-	-
Preferred Dividends Paid	-49T	-49T	-49T	-	-
Common & Preferred Stock Dividends Paid	-49T	-49T	-49T	-	-
Other Financing Activities, Total	-16Cr	-20Cr	-23Cr	15.97L	-1L
Cash from Financing	-44Cr	-37Cr	64Cr	-84Cr	-107.76Cr
Miscellaneous Cash Flow Adjustments	-1T	-	-	-	-
Net Change in Cash	-28Cr	5.46Cr	39Cr	-7.92Cr	38Cr
Supplemental Items
Cash Interest Paid	16Cr	20Cr	23Cr	47T	1L
Cash Income Tax Paid (Refund)	20Cr	3L	11Cr	32Cr	37Cr
Levered Free Cash Flow	-	62Cr	-11Cr	44Cr	129.49Cr
Unlevered Free Cash Flow	-	75Cr	3.4Cr	62Cr	153.95Cr
Change In Net Working Capital	-	-32Cr	78Cr	70Cr	-2.17Cr
Net Debt Issued / Repaid	-27Cr	-17Cr	-32Cr	-84Cr	-107.75Cr

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	-	-1.35	5.08	9.56	8.21
Return on Total Capital	-	-1.43	5.48	10.36	8.78
Return On Equity %	-	-1.24	9.87	17.27	14.72
Return on Common Equity	-	-1.5	10.59	17.27	14.72
Margin Analysis
Gross Profit Margin %	57.79	55.87	58.01	59.04	59.75
SG&A Margin	20.45	29.68	22.73	21.22	22.09
EBITDA Margin %	22.71	-1.13	16.04	21.7	20.45
EBITA Margin %	20.94	-4.61	13.16	19.29	17.79
EBIT Margin %	20.94	-4.61	13.16	19.29	17.79
Income From Continuing Operations Margin %	13.43	-1.41	8.87	12.45	10.85
Net Income Margin %	13.43	-1.41	8.87	12.45	10.85
Net Avail. For Common Margin %	13.42	-1.41	8.87	12.45	10.85
Normalized Net Income Margin	11.21	-0.13	5.11	9.76	9.02
Levered Free Cash Flow Margin	-	24.93	-2.79	6.66	16.98
Unlevered Free Cash Flow Margin	-	30.06	0.85	9.34	20.18
Asset Turnover
Asset Turnover	-	0.47	0.62	0.79	0.74
Fixed Assets Turnover	-	0.94	1.43	1.9	1.63
Receivables Turnover (Average Receivables)	-	4.88	7.48	10.05	10.07
Inventory Turnover (Average Inventory)	-	1.18	1.37	1.38	1.37
Short Term Liquidity
Current Ratio	4.39	5.39	3.15	3.57	3.96
Quick Ratio	1.81	2.76	1.6	1.39	2.04
Operating Cash Flow to Current Liabilities	1.1	1.95	0.25	0.82	1.6
Days Sales Outstanding (Average Receivables)	-	74.83	48.82	36.31	36.35
Days Outstanding Inventory (Average Inventory)	-	308.15	267.35	265.35	266.24
Average Days Payable Outstanding	-	45.13	20.45	25.98	45.59
Cash Conversion Cycle (Average Days)	-	337.85	295.72	275.68	257
Long Term Solvency
Total Debt/Equity	73.2	82.12	57.17	65.23	77.68
Total Debt / Total Capital	42.26	45.09	36.37	39.48	43.72
LT Debt/Equity	62.67	76.81	40.53	52.76	65.14
Long-Term Debt / Total Capital	36.18	42.17	25.78	31.93	36.66
Total Liabilities / Total Assets	44.86	48.4	41.64	43.82	47
EBIT / Interest Expense	4.98	-0.56	2.26	4.51	3.47
EBITDA / Interest Expense	7.8	2.36	5.19	7.56	6.28
(EBITDA - Capex) / Interest Expense	6.07	1.88	4.34	6.33	5.17
Total Debt / EBITDA	1.63	4.78	2.07	1.58	1.91
Net Debt / EBITDA	1.35	3.14	0.82	1.1	1.11
Total Debt / (EBITDA - Capex)	2.1	6.02	2.47	1.88	2.32
Net Debt / (EBITDA - Capex)	1.73	3.95	0.98	1.31	1.35
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-36.06	60.1	65.78	14.66
Gross Profit, 1 Yr. Growth %	-	-38.19	66.24	68.71	16.05
EBITDA, 1 Yr. Growth %	-	-103.18	-2.37T	124.3	8.03
EBITA, 1 Yr. Growth %	-	-114.08	-556.93	143.05	5.75
EBIT, 1 Yr. Growth %	-	-114.08	-556.93	143.05	5.75
Earnings From Cont. Operations, 1 Yr. Growth %	-	-106.72	-1.11T	132.57	-0.03
Net Income, 1 Yr. Growth %	-	-106.72	-1.11T	132.57	-0.03
Normalized Net Income, 1 Yr. Growth %	-	-100.77	-223.78	216.7	5.95
Diluted EPS Before Extra, 1 Yr. Growth %	-	-106.75	-1.09T	127.49	-0.07
Accounts Receivable, 1 Yr. Growth %	-	-15.27	27.72	19.87	9.84
Inventory, 1 Yr. Growth %	-	-23.53	104.98	38.81	-6.06
Net Property, Plant and Equip., 1 Yr. Growth %	-	1.71	9.31	33.65	34.07
Total Assets, 1 Yr. Growth %	-	5.62	36.99	23.31	22.92
Tangible Book Value, 1 Yr. Growth %	-	-1.33	87.66	18.65	16.03
Common Equity, 1 Yr. Growth %	-	-1.42	87.4	18.71	16.03
Cash From Operations, 1 Yr. Growth %	-	57.05	-63.34	214.18	110.81
Capital Expenditures, 1 Yr. Growth %	-	-64.81	93.61	76.64	23.76
Levered Free Cash Flow, 1 Yr. Growth %	-	-	-111.73	-332.96	192.11
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-	-96.86	-1.5T	147.84
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-	1.18	62.91	37.87
Gross Profit, 2 Yr. CAGR %	-	-	1.37	67.47	39.93
EBITDA, 2 Yr. CAGR %	-	-	-14.96	613.91	55.67
EBITA, 2 Yr. CAGR %	-	-	-19.8	233.25	60.32
EBIT, 2 Yr. CAGR %	-	-	-19.8	233.25	60.32
Earnings From Cont. Operations, 2 Yr. CAGR %