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Earnings Call Transcript

Go Fashion (India) Earnings Call Transcript: Key Takeaways

Q1 FY27 revenue flat at ₹223Cr with 62.9% GP margin. Management focused on store consolidation, migrating to larger formats, and launching a new daily wear concept.

Highlights
Revenue growthFlat YoY at ₹223 Crores for Q1 FY27.
MarginsEBITDA margin at 30.3%; advertising spend expected at 2-3% of revenue.
Demand visibilityPositive SSSG and improved footfalls noted in Q1.
Management confidenceOptimistic on positive SSSG trend and network consolidation strategy.

Growth

Revenue flat YoY; EBITDA (before exceptional) ₹67.4Cr, down 2%; PAT ₹16Cr. SSSG turned positive at 0.6%.

Outlook

Targeting 25-30 daily wear stores by FY27; aim to double retail square footage over 5 years.

Risks

Rising fabric costs (up 7-10%) impacting gross margins; one-off ₹6.5Cr Capex write-off due to store closures.

Last quarter's promises, checked

Delivered

  • Guided turn SSG positive by FY27 → delivered 0.6% in Q1 (= BEAT)
  • Guided 10-12 new product additions → delivered 10-12 new products (= BEAT)
  • Guided maintain ASP sub-₹1,000 → delivered ₹863 (= BEAT)

Partly delivered

  • Guided LFS channel recovery in FY27 → delivered 2% YoY growth (= PARTIAL)
  • Guided Daily Wear expansion to 25-30 stores → in progress with 10 stores existing (= PARTIAL)

Missed

  • Guided 10-11% sq. ft. growth → delivered -7,000 sq. ft. net reduction (= MISS)
Source

Earnings Call Transcript filed with BSE, NSE: GOCOLORS. Summary written with AI assistance from the document.

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Go Fashion (India) Ltd: key numbers

Share price
₹317.35
Market cap
₹1,714 Cr
Revenue (annual)
₹838.0 Cr
Net profit (annual)
₹59.18 Cr
P/E (TTM)
32.1×Sector 55.7×
Promoter holding
55.45%+1.25% QoQ
FII holding
3.50%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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