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Go Fashion Gets Motilal Oswal 'Buy' Initiation, Sees 31% Upside — Here's Why

Motilal Oswal initiate coverage on Go Colors with a Buy rating, as its sees the company is well-positioned to leverage its leadership in the women’s bottom-wear segment and D2C model.

<div class="paragraphs"><p>Following the recent correction, Go Colors currently trades at 34x FY27E EPS.</p><p> (Source: Company's official FB page)</p></div>
Following the recent correction, Go Colors currently trades at 34x FY27E EPS.

(Source: Company's official FB page)

During FY19-25, Go Colors delivered a healthy revenue/Pre-IND-Ebitda/ PAT CAGR of 20%/19%/20%, underpinned by its Exclusive brand outlet-led expansion strategy. EBOs, contributing ~73% of revenue, posted a 22% CAGR, which was supported by a 15% CAGR in store additions.
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