Go Fashion Share Price Target 2025: This article is going to mainly focus on Go Fashion Share Price Target 2024, 2025, 2026, 2028, 2030, 2040 to 2050. Along with this, we will also discuss the company’s Fundamental, sentiment, Income Report, Share Price history, and Quarterly Report. Our analysis will help investors in taking the right decision.
About Go Fashion India
Go Fashion India is a leading Indian apparel company, known for its popular brand “Go Colours”, specializing in women’s bottom wear, it deals in design, production, marketing, sourcing, retailing, etc. It was founded in 2010. The company offers a wide range of clothing options in bottom wear such as Churidars, Leggings, Palazzos, Culottes, Jeggings, Pants, Patiala, Dhoti, Harem Pants, Trousers and more.
Go Fashion India sells its products through 503 retail stores in 134 cities of India, apart from Reliance Retail, Central, Family Fashion Store, Lifestyle, Unlimited, Spencer Retail, Globe Store. Its focus on variety, quality and affordability has made it a well-known brand for women’s bottom wear in the Indian fashion market.
Go Fashion Fundamental
Go Fashion India is a well-known name in the textile sector, it is a mid-cap company with a market cap of Rs 6668 crore. The company is listed on both NSE and BSE with the code GOCOLORS and 543401 respectively. The company has a reserve and surplus of Rs 549.89 crore, which shows the company’s strong position to fight adverse conditions like recession.
The company has a ROE of 13.71%, which shows the successful use of equity by the company. Its PE ratio is 78.09, which indicates that it is overvalued. The company’s PB ratio is 11.05, which shows that its share price is more than eleven times its book value. The company’s EPS is quite high, which is good for income-focused investors.
| Description | Value |
|---|---|
| Company Name | Go Fashion India Ltd. |
| Sector | Textiles |
| Established | 1947 |
| Website | gocolors.com |
| Listing At | NSE, BSE |
| BSE Code | 543401 |
| NSE Code | GOCOLORS |
| Mkt Cap | ₹6668 LCr |
| Reserves and Surplus | 549.89Cr |
| ROE | 13.71% |
| ROCE | –% |
| 52 Week High | ₹1407.80 |
| 52 Week Low | ₹933.30 |
| P/E Ratio (TTM) | 78.09 |
| P/B Ratio | 11.05 |
| Face Value | 10 |
| Book Value Per Share | 111.81 |
| EPS (TTM) | 15.81 |
| Dividend Yield | 0.0% |
| Debt to Equity | 0.78 |
| Total Revenue | 780.13Cr |
| Revenue Growth | 15.20% |
| Net Profit (Anual) | 82.78Cr |
| Profit Growth | -1.99% |
Returns in Past Year
| Year | Returns (%) |
|---|---|
| 2023 | 4.56% |
| 2022 | 11.88% |
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Go Fashion Share Price Target 2024
The current sentiment of Go Fashion is showing sell. he price target of Go Fashion for 2024 is going to be between Rs 945 to Rs 1400.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹945 | ₹1400 |
Go Fashion Price Target 2025
Go Fashion is India’s leading textile company. Its target price range in 2025 is going to be Rs 985 to Rs 1425.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2025 | ₹985 | ₹1425 |
Go Fashion Share Price Target 2026
According to market experts, the price target of Go Fashion for 2026 is going to be between Rs 960 to Rs 1400.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2026 | ₹960 | ₹1400 |
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Go Fashion Share Price Target 2028
According to market experts, the price target of Go Fashion for 2028 is going to be between Rs 1050 to Rs 1520.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2028 | ₹1050 | ₹1520 |
Go Fashion Share Price Target 2030
According to market experts, the price target of Go Fashion for 2030 is going to be between Rs 1250 to Rs 1730.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2030 | ₹1250 | ₹1730 |
Go Fashion Share Price Target 2040
According to the past trend of the company, the minimum price target of Go Fashion in 2040 is expected to be RS 1940 and the maximum price target is expected to be RS 2440.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2040 | ₹1940 | ₹2440 |
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Go Fashion Share Price Target 2050
According to the past trend of the company, the minimum price target of Go Fashion in 2050 is expected to be RS 2870 and the maximum price target is expected to be RS 3350.
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2050 | ₹2870 | ₹3350 |
Sentiment
The current sentiment of Go Fashion is showing bearish. It is trading below 7 out of 15 SMAs and also trading below 1 out of 11 Oscillators in bearish zone.
Analyst Rating
Here are the ratings given to Go Fashion by 15 analysts.
| Action | Rating |
|---|---|
| Buy | 34% |
| Hold | 35% |
| Sell | 31% |
Go Fashion Share Price History
Go Fashion (India) was listed on the Indian Stock Exchange on 30 November 2021. Since listing, its stock started declining and fell to an all-time low of Rs 885.35 on 11 March 2022. A wave trend is seen in the stock of Go Fashion since listing. It is at its lowest level at the beginning of the year and the highest at the end of the year.
The company’s return has been negative 1.73% and 6.48% in the last three years and one year respectively. The company’s stock trades around Rs 1400 during peak time and Rs 900 during down time.
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Go Fashion Quarterly Report
| Description | Jun 24 | Mar 24 | Dec 23 | Sep 23 |
| Revenue + | ₹225.89Cr. | ₹187.29Cr. | ₹206.31Cr. | ₹192.77Cr. |
| Expenses + | ₹188.46Cr. | ₹170.07Cr. | ₹174.02Cr. | ₹167Cr. |
| EBITDA | ₹77.94Cr. | ₹59.45Cr. | ₹71.71Cr. | ₹60.53Cr. |
| EBIT | ₹48.47Cr. | ₹28.72Cr. | ₹42.79Cr. | ₹34.69Cr. |
| Net Profit | ₹28.65Cr. | ₹13.05Cr. | ₹23.40Cr. | ₹20.04Cr. |
| Operating Profit Margin | 35.41% | 32.71% | 35.47% | 32.05% |
| Net Profit Margin | 13.02% | 7.18% | 11.58% | 10.61% |
| Earning Per Share | ₹5.30 | ₹2.42 | ₹4.33 | ₹3.71 |
| Dividends Per Share | 0.00 | 0.00 | 0.00 | 0.00 |
Go Fashion Income Report
| Description | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|
| Total Revenue | ₹780.13Cr | ₹677.19Cr | ₹422.11Cr | ₹282.25Cr |
| Total Expenses | ₹669.90Cr | ₹568.51Cr | ₹374.23Cr | ₹285.39Cr |
| Profit/Loss | ₹82.78Cr | ₹82.80Cr | ₹35.60Cr | ₹-3.54Cr |
Strengths
- The company’s revenue and profit have been growing steadily since listing.
- The company’s revenue has grown by 15.20% in the last one year.
- Go Fashion has maintained a healthy operating profit margin of around 35% in recent quarters which reflects effective cost control and profitability.
- The net profit margin increased from 7.18% in March 2024 to 13.02% in June 2024, indicating increased profitability.
- The company has a reserve of ₹549.89 crore, which provides the company with liquidity to invest and expand further or deal with any downturn.
- The company has a debt to equity ratio of 0.78, which indicates manageable debt. The company is not highly indebted, making the financial risk on the company low.
- Go Fashion has a ROE of 13.71%, which is good for a mid-cap company.
- It has a strong presence in the women’s apparel segment under the brand name “Go Colors”.
- The Company’s cash flow and cash from operating activities have increased.
Risks
- P/E Ratio (TTM): 78.09, significantly higher than the industry average
- The company’s stock is likely to be overvalued, which poses an undervaluation risk.
- The company’s stock is trading at a high multiple relative to its book value.
- The company’s profit declined by 1.99% over the past year, indicating a slowdown in profit expansion.
- The company’s dividend is 0.0%, which means the company does not currently offer a dividend.
- Mutual funds have reduced their shareholding last quarter.
Go Fashion Share Price Target 2024 2025, 2026, 2028, 2030, 2040 to 2050
| Year | Price Target (Min) | Price Target (Max) |
|---|---|---|
| 2024 | ₹945 | ₹1400 |
| 2025 | ₹985 | ₹1425 |
| 2026 | ₹960 | ₹1400 |
| 2028 | ₹1050 | ₹1520 |
| 2030 | ₹1250 | ₹1730 |
| 2040 | ₹1940 | ₹2440 |
| 2050 | ₹2870 | ₹3350 |
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Go Fashion Shareholding Pattern
| Shareholder | Share % |
|---|---|
| Promoter | 52.78% |
| Other Domestic Institutions | 7.64% |
| Retail and Others | 3.08% |
| Foreign Institutions | 12.69% |
| Mutual Funds | 23.81% |
| Total | 100.00% |
How to Buy Go Fashion Shares?
Buying and selling of Go Fashion can be done by a stock broker registered with SEBI. Here are the names of some popular brokers.
- Zerodha
- groww
- Angel One
- upstox
Similar Stocks
| Company Name | Mkt Cap | Profit (1Year) | 52W L | 52W H |
|---|---|---|---|---|
| Weizmann | ₹2.03KCr. | 16.12% | ₹126.35 | ₹135.50 |
| Grasim Industries | ₹1.83 LKCr. | 38.87% | ₹2700.70 | ₹2747.95 |
| Go Fashion (India) | ₹6.80 KCr. | -2.28% | ₹1245 | ₹1285 |
| Lux Industries | ₹6.20 KCr | 53.52% | ₹2045 | ₹2084.40 |
| Vardhman Textiles | ₹13.31 KCr. | 24.44% | ₹460 | ₹464.40 |
Go Fashion Share Price Target: Export Opinion
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|---|---|---|---|---|
| Adani ports | ₹3.11 LCr | 94.78% | ₹703.00 | ₹1,457.05 |
| Adani Enterprises | ₹3.89 LCr | 40.35% | ₹2142.00 | ₹3457.85 |
| Tata Power Company | ₹1.44 LCr | 101.76% | ₹215.70 | ₹464.20 |
| Adani Power | ₹2.92 LCr | 192.93% | ₹231.00 | ₹797.00 |
| Havells India | ₹1.20 LCr | 41.69% | ₹1232.85 | ₹1950.05 |
| Tata Motors | ₹3.57 LCr | 72.86% | ₹557.70 | ₹1065.60 |
| Tata Power | ₹1.44 LCr | 75.52% | ₹230.80 | ₹494.85 |
Conclusion
Go Fashion has demonstrated stable revenue growth and maintained strong profit margins backed by a well-known brand and prudent cost management. However, risks such as high valuation, slow profit growth and volatile earnings should be considered. Looking at the trend of the last 3 years, it can be said that investing in the company for 2 to 4 years may give low returns. But by investing for just one year, one can make a return of 40 to 50%.
Disclaimer– Please note that all the information given here is for general information purpose only and not for investment purposes. Therefore, before investing in any share, take advice from a certified market expert. If you invest, you will be responsible for your profits and losses.
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Q1. What is the Go Fashion share price target 2025?
Ans: 2025 price target of Go Fashion will be between Rs.985 to Rs.1425.
Q2. What is the Go Fashion share price target 2030?
Ans: Go Fashion will trade between Rs 1250 and Rs 5600 in 2030.
Q3. What is the Go Fashion share price target 2024?
Ans: 2024 price target of Go Fashion will be between Rs.945 to Rs.1400.
Q4. What is the Go Fashion share price target 2040?
Ans: 2040 price target of Go Fashion will be between Rs.1940 to Rs.2440.
Q5. What is the Go Fashion share price target 2050?
Ans: 2050 price target of Go Fashion will be between Rs.2870 to Rs.3350.