Go Fashion (India) Limited {formerly known as Go Fashion (India) Private Limited}
Notes to the restated consolidated financial information
(Amount in Millions, except for share data or as otherwise stated)

 

 

 

 

 

 

Note

No.

42. Financial Ratios

Asat

Particulars Mareh 31, 2019
T. Current Ratio 629]
2. Debt-Equity Ratio 0.67
3. Debt Service Coverage Ratio 3.
4. Return on Equity 19.81%]
5. Inventory turnover ratio 5.04
6. Trade Receivables turnover ratio 837
7. Trade Payables turnover ratio 10.96
8. Net capital turnover ratio 185
9. Net profit ratio 14.42%]
10. Return on Capital employed 16.69%
11. Return on investment 6.45%|

 

Explanations to items included in computing the above r:
1. Current Ratio: Current Asset over Current Liabilities

2. Debt-Equity Ratio: Debt (includes Borrowings and Current & Non-Current Lease Liabilities) over total share holders
equity (including Reserves & Surplus)

3. Debt Service Coverage Ratio: EBIT + Interest on lease liabilities + Depreciation over Lease payments (prinicipal +
interest)

Return on Equity Ratio: Profit After Tax over average Equity (including Reserves & Surplus)

Inventory turnover ratio: Revenue over average Inventory

Trade Receivables turnover ratio: Revenue from operations over average Trade Receivable

Trade payables turnover ratio: Purchases over average Trade Payable

Net capital turnover ratio: Revenue from operations over average working capital

9. Net profit ratio: Profit After Tax over Revenue from operations

10. Return on Capital employed: Profit Before Interest & Tax over Capital employed (Capital employed includes total
share holders equity, borrowings, short term and long term lease liabilities)

11. Return on investment: Interest income on fixed deposit + Mutual fund investment gain over average investments
(investments includes investments in mutual funds, margin money and other bank deposits)

 

ios:

eras

 

The Non-GAAP measures presented may not be comparable to similarly titled measures reported by other companies.
Further, it should be noted that EBIDTA, EBITDA Margin, Gross Margin, Net worth, Return on Net Worth, Net Asset
Value (per Equity Share), debt equity ratio, Return on Capital Employed, Return on Equity is not a measure of operating
performance or liquidity defined by generally accepted accounting principles and may not be comparable to similarly
titled measures presented by other companies.

Signatures to Notes 1 to 42

For and on behalf of the Board of Directors of Go Fashion (India) Limited {formerly known as Go Fashion (India)
Private Limited}

Prakash Kumar Saraogi Gautam Saraogi R Mohan
Director Director Chief Financial officer
DIN: 00496255 DIN: 03209296

Gayathri V
Chennai, October 29, 2021 ‘Company Secretary

301
