Cash flow 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	3.92B	2.51B	4.01B	6.65B	7.63B
Total Revenues	3.92B	2.51B	4.01B	6.65B	7.63B
Cost of Goods Sold, Total	1.65B	1.11B	1.69B	2.73B	3.07B
Gross Profit	2.27B	1.4B	2.33B	3.93B	4.56B
Selling General & Admin Expenses, Total	802M	744M	912M	1.41B	1.69B
Provision for Bad Debts	-	-	117K	48.46M	1.97M
Depreciation & Amortization - (IS)	466M	605M	686M	871M	1.1B
Other Operating Expenses	177M	167M	202M	314M	410M
Other Operating Expenses, Total	1.44B	1.52B	1.8B	2.64B	3.2B
Operating Income	821M	-116M	528M	1.28B	1.36B
Interest Expense, Total	-165M	-206M	-233M	-285M	-391M
Interest And Investment Income	45.16M	313M	33.29M	55.71M	131M
Net Interest Expenses	-120M	107M	-200M	-229M	-261M
Currency Exchange Gains (Loss)	-1.44M	2.24M	-1.98M	-17.6M	-47K
Other Non Operating Income (Expenses)	3.09M	1.05M	2.09M	2.39M	4.65M
EBT, Excl. Unusual Items	703M	-5.4M	328M	1.04B	1.1B
Gain (Loss) On Sale Of Investments	-	-	10.25M	28.01M	13.26M
Gain (Loss) On Sale Of Assets	-783K	-	76K	394K	-245K
Asset Writedown	-19.34M	-25.95M	-21.92M	-13.34M	-34.67M
Other Unusual Items	-	-	162M	32.64M	22.88M
EBT, Incl. Unusual Items	683M	-31.34M	479M	1.09B	1.1B
Income Tax Expense	157M	4.04M	123M	259M	274M
Earnings From Continuing Operations	526M	-35.38M	356M	828M	828M
Net Income to Company	526M	-35.38M	356M	828M	828M
Net Income - (IS)	526M	-35.38M	356M	828M	828M
Preferred Dividend and Other Adjustments	59K	49K	49K	-	-
Net Income to Common Incl Extra Items	526M	-35.43M	356M	828M	828M
Net Income to Common Excl. Extra Items	526M	-35.43M	356M	828M	828M
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	52.2M	52.2M	52.82M	54.01M	54.01M
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	52.2M	52.2M	52.82M	54.01M	54.01M
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	890M	-28.33M	644M	1.44B	1.56B
EBITA	821M	-116M	528M	1.28B	1.36B
EBIT	821M	-116M	528M	1.28B	1.36B
EBITDAR	1.42B	372M	1.25B	1.55B	1.72B
Total Revenues (As Reported)	3.97B	2.82B	4.22B	6.77B	7.8B
Effective Tax Rate - (Ratio)	22.92	-12.89	25.64	23.82	24.9
Total Current Taxes	203M	24.99M	161M	310M	334M
Total Deferred Taxes	-46.54M	-20.95M	-38.38M	-50.68M	-59.75M
Normalized Net Income	439M	-3.37M	205M	649M	688M
Interest on Long-Term Debt	164M	203M	228M	281M	390M
Non-Cash Pension Expense	423K	883K	1.32M	1.91M	3.56M
Supplemental Operating Expense Items
Advertising Expense	71.2M	63.61M	91.39M	280M	227M
Selling and Marketing Expenses	71.2M	63.61M	91.39M	280M	227M
Net Rental Expense, Total	534M	401M	603M	106M	156M
Imputed Operating Lease Interest Expense	-	298M	466M	81.75M	121M
Imputed Operating Lease Depreciation	-	102M	137M	24.19M	35.29M
Maintenance & Repair Expenses, Total	79.33M	66.53M	82.78M	109M	151M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	976K	132M	1.06B	337M	715M
Short Term Investments	278M	201M	-	472M	1.19B
Trading Asset Securities, Total	88.56M	464M	459M	217M	60.73M
Total Cash And Short Term Investments	368M	798M	1.52B	1.03B	1.96B
Accounts Receivable, Total	556M	471M	602M	722M	793M
Other Receivables	18.89M	391K	1.96M	2.2M	35.07M
Total Receivables	575M	472M	604M	724M	828M
Inventory	1.06B	809M	1.66B	2.3B	2.16B
Prepaid Expenses	72.95M	58.99M	27.26M	11.56M	15.1M
Other Current Assets, Total	207M	344M	361M	445M	455M
Total Current Assets	2.28B	2.48B	4.17B	4.51B	5.42B
Gross Property Plant And Equipment	2.78B	2.9B	3.24B	4.47B	5.99B
Accumulated Depreciation	-145M	-219M	-319M	-465M	-628M
Net Property Plant And Equipment	2.63B	2.68B	2.92B	4B	5.37B
Long-term Investments	-	-	-	250M	-
Other Intangibles, Total	7.32M	5.13M	3.59M	7.12M	8.5M
Deferred Tax Assets Long-Term	56.12M	76.47M	114M	168M	226M
Other Long-Term Assets, Total	216M	244M	301M	325M	369M
Total Assets	5.19B	5.48B	7.51B	9.26B	11.39B
Liabilities
Accounts Payable, Total	105M	107M	177M	303M	368M
Accrued Expenses, Total	30.63M	76.68M	258M	191M	171M
Short-term Borrowings	27.9M	104M	8.37M	-	-
Current Portion of Leases	274M	45.86M	721M	649M	757M
Current Income Taxes Payable	-	18.23M	46.61M	35.93M	5.05M
Other Current Liabilities	83.53M	108M	111M	82.69M	68.78M
Total Current Liabilities	520M	460M	1.32B	1.26B	1.37B
Long-Term Leases	1.79B	2.17B	1.78B	2.75B	3.93B
Pension & Other Post Retirement Benefits	14.2M	21.05M	29.28M	51.04M	51.49M
Other Non Current Liabilities	-	1K	-	-	-
Total Liabilities	2.33B	2.65B	3.13B	4.06B	5.36B
Preferred Stock Convertible	490M	490M	-	-	-
Total Preferred Equity	490M	490M	-	-	-
Common Stock, Total	300M	300M	540M	540M	540M
Additional Paid In Capital	858M	858M	2.3B	2.31B	2.31B
Retained Earnings	1.22B	1.18B	1.54B	2.36B	3.19B
Total Common Equity	2.37B	2.34B	4.38B	5.2B	6.04B
Total Equity	2.86B	2.83B	4.38B	5.2B	6.04B
Total Liabilities And Equity	5.19B	5.48B	7.51B	9.26B	11.39B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	52.2M	30M	54.01M	54.01M	54.01M
ECS Total Common Shares Outstanding	52.2M	30M	54.01M	54.01M	54.01M
Book Value / Share	45.46	77.98	81.17	96.36	111.81
Tangible Book Value	2.37B	2.33B	4.38B	5.2B	6.03B
Tangible Book Value Per Share	45.32	77.81	81.11	96.23	111.66
Total Debt	2.1B	2.32B	2.51B	3.39B	4.69B
Net Debt	1.73B	1.53B	989M	2.37B	2.73B
Debt Equivalent of Unfunded Proj. Benefit Obligation	14.2M	21.05M	29.28M	52.63M	53.68M
Debt Equivalent Oper. Leases	4.27B	3.21B	4.82B	848M	1.25B
Account Code - Inventory Valuation	-	6	6	6	6
Inventories - Raw Materials, Total	172M	119M	450M	308M	341M
Inventories - Work In Process, Total	64.65M	48.02M	147M	139M	137M
Inventories - Finished Goods, Total	840M	673M	1.11B	1.9B	1.74B
Machinery, Total	748M	803M	959M	1.14B	1.22B
Full Time Employees	-	-	3.16K	4.32K	5K
Accumulated Allowance for Doubtful Accounts (Supple)	-	2.53M	3.56M	5.42M	3.95M

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	526M	-35.38M	356M	828M	828M
Depreciation & Amortization - CF	464M	602M	684M	869M	1.1B
Depreciation & Amortization, Total	464M	602M	684M	869M	1.1B
Amortization of Deferred Charges, Total - (CF)	2.04M	3.14M	2.47M	1.36M	3.28M
(Gain) Loss From Sale Of Asset	783K	-	-	-394K	245K
Asset Writedown & Restructuring Costs	19.34M	25.95M	21.92M	13.34M	34.67M
Provision and Write-off of Bad Debts	-	-	1.15M	50.31M	498K
Other Operating Activities, Total	91.71M	-328M	79.99M	148M	133M
Change In Accounts Receivable	-165M	84.98M	-132M	-170M	-69.6M
Change In Inventories	-381M	218M	-895M	-684M	140M
Change In Accounts Payable	-216M	73.38M	121M	9.43M	50.41M
Change in Other Net Operating Assets	230M	254M	90.31M	-28.1M	-33.01M
Cash from Operations	572M	899M	330M	1.04B	2.19B
Capital Expenditure	-285M	-100M	-199M	-351M	-434M
Sale of Property, Plant, and Equipment	81K	243K	369K	1.44M	495K
Sale (Purchase) of Intangible assets	-	-	-	-	-
Investment in Marketable and Equity Securities, Total	-71.86M	-314M	-357M	119M	-253M
Other Investing Activities, Total	-62.39M	-58.15M	-29.32M	-44.96M	-44.25M
Cash from Investing	-419M	-473M	-584M	-276M	-731M
Long-Term Debt Repaid, Total	-274M	-167M	-317M	-842M	-1.08B
Total Debt Repaid	-274M	-167M	-317M	-842M	-1.08B
Issuance of Common Stock	-	-	1.19B	-	-
Common Dividends Paid	-	-	-	-	-
Preferred Dividends Paid	-49K	-49K	-49K	-	-
Common & Preferred Stock Dividends Paid	-49K	-49K	-49K	-	-
Other Financing Activities, Total	-164M	-204M	-228M	1.6M	-114K
Cash from Financing	-438M	-371M	642M	-841M	-1.08B
Miscellaneous Cash Flow Adjustments	-1K	-	-	-	-
Net Change in Cash	-285M	54.56M	388M	-79.2M	378M
Supplemental Items
Cash Interest Paid	164M	204M	228M	47K	114K
Cash Income Tax Paid (Refund)	202M	317K	110M	324M	366M
Levered Free Cash Flow	-	625M	-112M	443M	1.29B
Unlevered Free Cash Flow	-	753M	33.98M	621M	1.54B
Change In Net Working Capital	-	-321M	783M	701M	-21.68M
Net Debt Issued / Repaid	-274M	-167M	-317M	-842M	-1.08B

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	-2.37K	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	-1.11K	132.57	-0.03
Net Income, 1 Yr. Growth %	-	-106.72	-1.11K	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	-1.09K	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	-1.5K	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 %