Narbada Gems & Jewellery Ltd

Narbada Gems & Jewellery Ltd

₹ 74.0 2.71%
16 Apr 4:01 p.m.
About

Incorporated in 1992, Narbada Gems and Jewellery Ltd manufactures and trades in Gold, Color Stones and Diamond jewellery with emphasis on rose cut and flat diamond jewellery[1]

Key Points

Business Overview:[1]
Company focuses on making handcrafted jewellery. It has its own in - house designing and development team which includes Jewellery designers, merchandisers and creative head

  • Market Cap 156 Cr.
  • Current Price 74.0
  • High / Low 102 / 41.8
  • Stock P/E 22.4
  • Book Value 22.5
  • Dividend Yield 0.00 %
  • ROCE 9.72 %
  • ROE 8.77 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 3.28 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 9.36% over last 3 years.
  • Company might be capitalizing the interest cost

* 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 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
13.40 16.22 10.40 18.54 19.51 12.19 22.51 21.97 29.56 19.02 23.25 20.39 31.52
12.26 15.43 9.05 17.79 17.22 11.41 19.20 20.90 28.03 19.23 19.49 19.17 25.24
Operating Profit 1.14 0.79 1.35 0.75 2.29 0.78 3.31 1.07 1.53 -0.21 3.76 1.22 6.28
OPM % 8.51% 4.87% 12.98% 4.05% 11.74% 6.40% 14.70% 4.87% 5.18% -1.10% 16.17% 5.98% 19.92%
-0.01 0.04 0.08 0.08 0.08 0.06 0.08 0.13 0.15 0.15 0.12 -0.03 0.10
Interest 0.21 0.12 0.18 0.12 0.14 0.24 0.23 0.17 0.33 0.57 0.42 0.39 0.49
Depreciation 0.04 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.06 0.05 0.05 0.05 0.12
Profit before tax 0.88 0.67 1.21 0.67 2.19 0.55 3.11 0.98 1.29 -0.68 3.41 0.75 5.77
Tax % 22.73% 37.31% 25.62% 25.37% 25.11% 27.27% 25.08% 26.53% 24.81% 32.35% 25.22% 25.33% 25.13%
0.68 0.43 0.91 0.50 1.64 0.41 2.33 0.72 0.97 -0.46 2.55 0.56 4.32
EPS in Rs 0.56 0.28 0.60 0.33 0.93 0.23 1.10 0.34 0.46 -0.22 1.21 0.26 2.04
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 TTM
7.32 8.84 16.16 16.40 13.12 11.58 26.27 40.57 55.43 38.00 60.63 93.05 94.18
6.87 8.35 15.60 15.86 12.44 11.22 24.58 38.32 51.33 34.70 55.45 87.34 83.13
Operating Profit 0.45 0.49 0.56 0.54 0.68 0.36 1.69 2.25 4.10 3.30 5.18 5.71 11.05
OPM % 6.15% 5.54% 3.47% 3.29% 5.18% 3.11% 6.43% 5.55% 7.40% 8.68% 8.54% 6.14% 11.73%
0.04 0.02 0.00 0.00 0.00 0.00 0.00 0.13 0.08 0.23 0.31 0.51 0.34
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.09 0.30 0.76 0.62 0.70 1.31 1.87
Depreciation 0.00 0.00 0.02 0.01 0.02 0.02 0.02 0.07 0.15 0.15 0.16 0.21 0.27
Profit before tax 0.49 0.51 0.54 0.53 0.66 0.34 1.58 2.01 3.27 2.76 4.63 4.70 9.25
Tax % 6.12% 19.61% 20.37% 18.87% 22.73% 32.35% 28.48% 27.86% 25.69% 26.09% 25.49% 24.26%
0.46 0.41 0.43 0.42 0.51 0.24 1.13 1.44 2.43 2.03 3.46 3.55 6.97
EPS in Rs 0.85 0.76 0.80 0.78 0.95 0.81 1.41 1.45 2.02 1.34 1.96 1.68 3.29
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: 27%
5 Years: 29%
3 Years: 19%
TTM: 9%
Compounded Profit Growth
10 Years: 24%
5 Years: 25%
3 Years: 13%
TTM: 57%
Stock Price CAGR
10 Years: 25%
5 Years: 0%
3 Years: 43%
1 Year: 46%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 9%
Last Year: 9%

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 Sep 2023
Equity Capital 5.42 5.42 5.42 5.42 5.42 2.99 8.04 9.97 12.08 15.21 17.70 21.18 21.18
Reserves -3.75 -3.34 -2.91 -2.49 -1.98 0.68 3.07 5.00 7.96 12.17 17.38 23.37 26.47
0.04 0.00 0.00 0.00 0.00 0.00 1.49 8.74 10.01 10.91 12.85 29.51 28.66
2.21 1.43 0.15 1.35 1.67 0.38 3.27 1.77 1.59 3.11 6.20 8.12 9.32
Total Liabilities 3.92 3.51 2.66 4.28 5.11 4.05 15.87 25.48 31.64 41.40 54.13 82.18 85.63
0.00 0.00 0.10 0.10 0.08 0.06 0.10 1.04 0.94 0.83 1.18 1.31 1.22
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.55 2.24 2.96
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.29 0.46 0.57 0.71
3.92 3.51 2.56 4.18 5.03 3.99 15.77 24.44 30.70 40.14 51.94 78.06 80.74
Total Assets 3.92 3.51 2.66 4.28 5.11 4.05 15.87 25.48 31.64 41.40 54.13 82.18 85.63

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
-0.28 0.04 0.56 -0.37 -0.14 -0.05 -8.88 -7.76 -2.50 -7.11 -4.53 -14.94
0.00 0.00 -0.11 -0.02 0.00 0.00 -0.05 -1.02 -0.05 -0.15 -0.75 -1.84
0.00 0.00 0.00 0.00 0.00 0.00 8.97 8.81 2.50 8.13 4.43 19.81
Net Cash Flow -0.28 0.04 0.45 -0.38 -0.14 -0.05 0.04 0.03 -0.04 0.87 -0.85 3.02

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 143.11 53.26 21.46 42.06 101.27 105.28 130.61 78.45 83.96 144.85 73.26 79.98
Inventory Days 50.57 94.09 23.83 48.89 40.87 21.00 96.51 147.68 126.77 261.60 266.08 232.60
Days Payable 114.89 60.00 2.67 31.16 48.79 9.45 27.55 8.49 9.81 2.78 27.64 33.29
Cash Conversion Cycle 78.79 87.35 42.61 59.80 93.34 116.82 199.56 217.64 200.91 403.67 311.70 279.30
Working Capital Days 78.29 79.28 40.20 57.42 90.42 112.53 188.96 208.10 190.76 367.50 281.44 261.01
ROCE % 33.11% 26.91% 23.53% 19.49% 20.72% 9.56% 20.53% 12.72% 14.99% 9.89% 12.02% 9.72%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
64.95% 64.95% 69.89% 69.89% 74.85% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98%
35.05% 35.05% 30.11% 30.11% 25.15% 25.01% 25.02% 25.02% 25.02% 25.01% 25.01% 25.02%
No. of Shareholders 5,3905,4035,4865,6215,6515,7505,6935,6895,6395,6305,7376,218

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