Go Fashion (India) Limited {formerly known as Go Fashion (India) Private Limited}

Notes to the restated financial information
(Amount in 2 Millions, except for share data or as otherwise stated)

 

 

 

 

 

 

  

 

 

 

 

 

 

    

Note
No.
42. Financial Ratios
Particulars Asat Remarks for variation more than 25%
Tune 30, 2021 Tune 30, 2020
T. Current Ratio 228 2.26
2. Debt-Equity Ratio 087 0.80
Reet Service’ Coverape 038 (0.86)] Due to variations in profit on account of Covid-19.
4. Retum on Equity -3.07%|Due to variations in companies profit on account of Covid-19
5. Inventory turnover ratio 0334 0.10 | in QI 2020, the company had lower sales due to high Covid-19, as
Ib. Trade Receivables on o.19 [PomPared to QI 2021. Hence higher ratio in QI 2021
turnover ratio
17. Trade Payables tumover aS .4g | IQ! 2020, the company had lower purchases due to high Covid-19, as
ratio Jcompared to QI 2021, Hence higher ratio in QI 2021
as icesanT ugvennalls a 6.07 | Dueto higher sales in Q1 2021 over Q1 2020
9. Net profit ratio 61.29% -83.44%] Due to variations in companies sales & profit on account of Covid-19
10. Retum on Capital “.970| Due 1© variations in companies sales & profit on account of Covid-19
lemployed
11. Return on investment 0.91% 0.82%
Asat Remarks for variation more than 25%
Particulars March 31, 2021 Mareh 31,2020 _ | March 31, 2019
FY 2019-20:
Due to reduction in investment balance for expansion of
1. Current Ratio 5.39 439 6.29
and due to increase in other current liabilities as
s operations.
2. Debt-Equity Ratio 0.82 0.73
5. Debt Service Coverage IY 2020-21: Due to changes in Borrowings, lease
2.10 3.00 2.78 5
Ratio liabilities, and companies profit
FY 2020-21: Due to variations in companies profit on
14. Retum on Equity 1.24% 20.45% scatssg Beane CE Oay iat 9 lee tes
y FY 2019-20: Due to variations in companies profit on
Jaccount of enhanced Sales Expansion
5. Inventory tumover ratio 2.68 447 5,04 |FY 2020-21: Due to reduction in company sales.
Ib. Trade Receivables Ase e109 97 [FY 2020-21: Due to reduction in company sales.
turnover ratio
FY 2020-21: Due to lower purchase on account of Covid-
17. Trade Payables tumover Bis a8 al
ratio FY 2019-20: Due to increase in purchase on account o}
sales expansion.
5. Net capital tumover ratio 133 530 1.73 [EY 2020-21: Due to lower sales & profit on account o
Covid-19,
| FY 2020-21: Due to variations in companies sales &
9. Net profit ratio 13.43% 10.85%) :
profit on account of Covid-19
FY 2020-21: Due to variations in companies sales &
10. Retum on Capital sa rae va.onog{ "Often account of Covid-19
Jemployed FY 2019-20: Due to variations in companies profit on
account of enhanced Sales Expansion
FY 2020-21: Due to lower amounts of average
11, Retum on investment 6.63% 6.45%|investments made on account of lower revenue & profits

 

 

 

 

 

 

 

 

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