Go Fashion (India) Limited has informed the Exchange about Investor Presentation
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Awaiting price reaction for this filing.
Go Fashion (India) Limited filed its Q1 FY26 investor presentation showing revenue from operations of Rs. 223 crores, up just 1% YoY. Gross profit margins improved 120 bps to 63.0%, supported by lower raw material costs and a favorable product mix, with average selling price rising to Rs. 805. However, EBITDA fell 5% YoY to Rs. 69 crores as margins contracted to 30.8% from 32.8%, and PAT dropped 22% to Rs. 22 crores due to higher employee costs from continued store expansion and annual increments. Same-store sales growth was negative at -2.0%, with de-growth also seen in the LFS channel, although management flagged a recovery during the End of Season Sale in the latter part of the quarter. The company added 27 new EBO stores, taking the total to 803 across 187 cities, and reiterated plans to add 120-130 EBOs annually without needing external funding.
Weak same-store sales and a sharp 22% drop in profit may weigh on the stock in the near term, but improving gross margins, a debt-free balance sheet with Rs. 247 crore in cash, and a clear store expansion roadmap provide some support. Investors will look for a sustained SSSG recovery and easing of cost headwinds in the upcoming quarters.