Go Fashion (India) Limited (GOCOLORS) - Net Assets
Based on the latest financial reports, Go Fashion (India) Limited (GOCOLORS) has net assets worth Rs7.41 Billion INR (≈ $80.18 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs13.68 Billion ≈ $147.91 Million USD) and total liabilities (Rs6.26 Billion ≈ $67.73 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Go Fashion (India) Limited to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs7.41 Billion |
| % of Total Assets | 54.21% |
| Annual Growth Rate | 20.45% |
| 5-Year Change | 146.48% |
| 10-Year Change | N/A |
| Growth Volatility | 16.94 |
Go Fashion (India) Limited - Net Assets Trend (2019–2025)
This chart illustrates how Go Fashion (India) Limited's net assets have evolved over time, based on quarterly financial data. Also explore GOCOLORS total assets for the complete picture of this company's asset base.
Annual Net Assets for Go Fashion (India) Limited (2019–2025)
The table below shows the annual net assets of Go Fashion (India) Limited from 2019 to 2025. For live valuation and market cap data, see GOCOLORS company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs6.97 Billion ≈ $75.42 Million |
+15.48% |
| 2024-03-31 | Rs6.04 Billion ≈ $65.31 Million |
+16.03% |
| 2023-03-31 | Rs5.20 Billion ≈ $56.28 Million |
+18.71% |
| 2022-03-31 | Rs4.38 Billion ≈ $47.41 Million |
+54.95% |
| 2021-03-31 | Rs2.83 Billion ≈ $30.60 Million |
-1.18% |
| 2020-03-31 | Rs2.86 Billion ≈ $30.96 Million |
+25.39% |
| 2019-03-31 | Rs2.28 Billion ≈ $24.69 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Go Fashion (India) Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 549.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs4.13 Billion | 59.18% |
| Common Stock | Rs540.09 Million | 7.74% |
| Other Comprehensive Income | Rs6.43 Billion | 92.26% |
| Total Equity | Rs6.97 Billion | 100.00% |
Go Fashion (India) Limited Competitors by Market Cap
The table below lists competitors of Go Fashion (India) Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
$164.70 Million |
|
Admicom Oyj
HE:ADMCM
|
$164.81 Million |
|
Braemar Hotel & Resorts Inc
NYSE:BHR
|
$164.83 Million |
|
Ram Essential Services Property Fund
AU:REP
|
$164.86 Million |
|
Bharat Wire Ropes Limited
NSE:BHARATWIRE
|
$164.68 Million |
|
Sabina Public Company Limited
BK:SABINA
|
$164.64 Million |
|
AFC Ajax NV
AS:AJAX
|
$164.63 Million |
|
Byggma
OL:BMA
|
$164.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Go Fashion (India) Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,038,966,000 to 6,973,742,000, a change of 934,776,000 (15.5%).
- Net income of 934,987,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 934,776,000.
- Other factors decreased equity by 934,987,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs934.99 Million | +13.41% |
| Other Comprehensive Income | Rs934.78 Million | +13.4% |
| Other Changes | Rs-934.99 Million | -13.41% |
| Total Change | Rs- | 15.48% |
Book Value vs Market Value Analysis
This analysis compares Go Fashion (India) Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.45x to 2.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | Rs43.74 | Rs281.96 | x |
| 2020-03-31 | Rs54.85 | Rs281.96 | x |
| 2021-03-31 | Rs54.21 | Rs281.96 | x |
| 2022-03-31 | Rs83.00 | Rs281.96 | x |
| 2023-03-31 | Rs96.36 | Rs281.96 | x |
| 2024-03-31 | Rs111.81 | Rs281.96 | x |
| 2025-03-31 | Rs129.11 | Rs281.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Go Fashion (India) Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.02%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.84x
- Recent ROE (13.41%) is above the historical average (12.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 18.01% | 14.50% | 0.70x | 1.77x | Rs182.94 Million |
| 2020 | 18.38% | 13.47% | 0.75x | 1.81x | Rs240.04 Million |
| 2021 | -1.25% | -1.42% | 0.46x | 1.94x | Rs-318.33 Million |
| 2022 | 8.12% | 8.91% | 0.53x | 1.71x | Rs-82.40 Million |
| 2023 | 15.91% | 12.45% | 0.72x | 1.78x | Rs307.53 Million |
| 2024 | 13.71% | 10.85% | 0.67x | 1.89x | Rs223.86 Million |
| 2025 | 13.41% | 11.02% | 0.66x | 1.84x | Rs237.61 Million |
Industry Comparison
This section compares Go Fashion (India) Limited's net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $7,963,876,327
- Average return on equity (ROE) among peers: 8.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Go Fashion (India) Limited (GOCOLORS) | Rs7.41 Billion | 18.01% | 0.84x | $164.69 Million |
| Heads UP Ventures Limited (HEADSUP) | $674.20 Million | 13.39% | 0.99x | $1.74 Million |
| Indian Terrain Fashions Limited (INDTERRAIN) | $2.30 Billion | 11.19% | 0.82x | $16.51 Million |
| SAI SILKS (KALAMANDIR) LIMITED (KALAMANDIR) | $230.45 Million | 9.51% | 2.84x | $161.50 Million |
| Metro Brands Limited (METROBRAND) | $5.92 Billion | 23.49% | 0.30x | $3.01 Billion |
| Credo Brands Marketing Limited (MUFTI) | $1.92 Billion | 1.79% | 1.17x | $54.98 Million |
| Baazar Style Retail Limited (STYLEBAAZA) | $1.94 Billion | 2.64% | 3.48x | $313.62 Million |
| Suumaya Industries Limited (SUULD) | $115.50 Million | 0.00% | 0.00x | $1.04 Million |
| Trent Limited (TRENT) | $55.83 Billion | 27.70% | 0.69x | $15.93 Billion |
| V2 Retail Limited (V2RETAIL) | $2.75 Billion | -12.65% | 0.25x | $78.34 Million |
About Go Fashion (India) Limited
Go Fashion (India) Limited engages in designing, developing, sourcing, marketing, and retailing of women's and girl's bottom-wear products under the Go Colors brand in India. Its bottom-wear products include churidars, leggings, harem pants, patialas, palazzos, salwars, culottes, pants, trousers, joggers, capris, treggings, shorts, and jeggings in various categories, such as ethnic wear, western … Read more