Atlas Jewellery India Ltd

Atlas Jewellery India Ltd

₹ 9.27 -4.92%
26 Jun 2023
About

Atlas Jewellery India Ltd offers a wide range of fashionable jewelry, modern & chic as well as traditional & ethnic. [1] It retails and exports jewelry which consists of gold, diamonds, etc. [2]

Key Points

Distribution Network
It has over 50 establishments and a store in every major business markets in the GCC and also having 3 mega showrooms at Cochin, Trivandrum, and Coimbatore [1]

  • Market Cap 93.3 Cr.
  • Current Price 9.27
  • High / Low 10.7 / 8.62
  • Stock P/E
  • Book Value 16.3
  • Dividend Yield 0.00 %
  • ROCE -0.35 %
  • ROE -0.33 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.57 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -67.6% over past five years.
  • Company has a low return on equity of -0.60% over last 3 years.
  • Promoters have pledged 51.8% of their holding.
  • Company has high debtors of 28,74,192 days.
  • Working capital days have increased from 10,15,328 days to 29,63,070 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021
0.72 1.14 0.71 0.26 0.73 0.49 0.24 0.25 0.44 0.38 0.47 0.26 0.78
7.05 2.99 1.86 -1.34 -0.18 -6.99 0.05 4.06 2.16 -0.23 -1.11 0.77 0.74
Operating Profit -6.33 -1.85 -1.15 1.60 0.91 7.48 0.19 -3.81 -1.72 0.61 1.58 -0.51 0.04
OPM % -879.17% -162.28% -161.97% 615.38% 124.66% 1,526.53% 79.17% -1,524.00% -390.91% 160.53% 336.17% -196.15% 5.13%
0.00 -0.03 0.00 0.00 0.00 0.00 0.02 0.01 0.00 0.09 0.00 0.01 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.04 0.01 0.01 0.01 0.00 0.01 0.00 0.00
Depreciation 0.14 0.13 0.12 0.01 0.01 0.17 0.07 0.06 0.05 0.04 0.04 0.04 0.04
Profit before tax -6.47 -2.01 -1.27 1.59 0.90 7.27 0.13 -3.87 -1.78 0.66 1.53 -0.54 0.00
Tax % -0.15% 0.00% 4.72% -9.43% 0.00% 1.10% 30.77% -0.78% -2.25% 4.55% 1.96% -7.41%
-6.48 -2.01 -1.21 1.74 0.90 7.19 0.09 -3.90 -1.82 0.63 1.50 -0.57 -0.03
EPS in Rs -0.64 -0.20 -0.12 0.17 0.09 0.71 0.01 -0.39 -0.18 0.06 0.15 -0.06 -0.00
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 72.97 200.58 13.68 8.65 5.56 3.31 2.19 1.31 1.55 0.02
0.25 0.03 71.19 199.63 23.24 14.92 9.62 5.53 4.70 6.02 2.53 0.70
Operating Profit -0.25 -0.03 1.78 0.95 -9.56 -6.27 -4.06 -2.22 -2.51 -4.71 -0.98 -0.68
OPM % 2.44% 0.47% -69.88% -72.49% -73.02% -67.07% -114.61% -359.54% -63.23% -3,400.00%
0.35 0.00 0.00 4.88 5.71 -1.78 1.44 8.51 11.99 0.11 4.80 0.19
Interest 0.00 0.00 0.02 0.29 0.08 0.05 0.03 0.03 0.05 0.04 0.02 0.01
Depreciation 0.00 0.00 0.00 0.77 3.13 1.85 0.81 0.54 0.32 0.21 0.15 0.08
Profit before tax 0.10 -0.03 1.76 4.77 -7.06 -9.95 -3.46 5.72 9.11 -4.85 3.65 -0.58
Tax % 20.00% 0.00% 7.39% 33.54% 9.49% 6.43% -15.32% 4.90% -1.43% -3.09% 29.86% 6.90%
0.08 -0.03 1.62 3.17 -6.39 -9.31 -3.99 5.43 9.25 -5.00 2.56 -0.54
EPS in Rs 0.19 -0.07 0.32 0.31 -0.63 -0.92 -0.40 0.54 0.92 -0.50 0.25 -0.05
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: -68%
3 Years: -79%
TTM: -99%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: %
TTM: -121%
Stock Price CAGR
10 Years: -9%
5 Years: -31%
3 Years: -30%
1 Year: 0%
Return on Equity
10 Years: 0%
5 Years: 2%
3 Years: -1%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 4.26 4.26 50.71 100.71 100.71 100.71 100.71 100.71 100.71 100.71 100.71 100.71
Reserves -2.42 -2.46 22.06 70.92 64.53 55.21 51.22 56.67 65.92 60.92 63.48 62.94
0.26 0.00 0.41 0.00 0.00 0.00 0.00 0.00 0.55 0.26 0.00 0.00
0.05 0.04 2.03 21.06 5.94 5.85 4.96 5.19 5.02 5.31 6.53 6.85
Total Liabilities 2.15 1.84 75.21 192.69 171.18 161.77 156.89 162.57 172.20 167.20 170.72 170.50
0.01 0.01 0.01 5.97 6.47 2.88 1.87 1.29 0.69 0.37 0.09 0.06
CWIP 0.00 0.00 0.00 4.35 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
2.14 1.83 75.20 182.37 164.71 158.89 155.02 161.28 171.51 166.83 170.63 170.44
Total Assets 2.15 1.84 75.21 192.69 171.18 161.77 156.89 162.57 172.20 167.20 170.72 170.50

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-0.57 -0.31 -68.39 -81.02 -3.26 -0.28 -0.04 0.25 -14.19 4.09 3.65 -0.58
0.59 0.30 0.23 -14.33 2.27 0.10 -0.21 0.25 13.81 -3.91 0.00 0.00
0.00 0.00 69.35 95.68 0.00 0.00 0.00 0.00 -0.17 -0.17 0.00 0.00
Net Cash Flow 0.02 -0.01 1.19 0.33 -1.00 -0.17 -0.25 0.50 -0.55 0.01 3.65 -0.58

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 361.50 255.69 3,677.21 5,684.29 8,870.94 15,839.46 26,101.67 42,571.26 37,086.35 2,874,192.50
Inventory Days 0.00 65.68 625.04 1,021.59 976.67 1,916.58 2,356.91 4,394.75 3,210.86 136,631.67
Days Payable 20.06 3.88 6.67 1.18 0.00 0.00 0.00 0.00 0.00
Cash Conversion Cycle 361.50 301.31 4,298.38 6,699.21 9,846.44 17,756.04 28,458.58 46,966.01 40,297.21 3,010,824.17
Working Capital Days 352.54 281.91 4,147.87 6,298.68 9,651.49 16,898.07 27,466.67 44,585.73 38,329.71 2,963,070.00
ROCE % 38.96% -1.54% 4.75% 4.13% -2.90% -5.04% -2.05% 3.72% 6.25% -2.91% 2.25% -0.35%

Shareholding Pattern

Numbers in percentages

Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022
49.67% 49.67% 49.67% 49.67% 49.67% 49.67% 49.67% 95.82% 95.82% 95.82% 95.82% 95.82%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.14%
50.32% 50.32% 50.32% 50.32% 50.32% 50.32% 50.32% 4.18% 4.18% 4.18% 4.18% 4.04%
No. of Shareholders 5,9715,9095,9235,9645,8835,9736,3666,6606,7326,9907,1007,166

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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