Sovereign Diamonds Ltd

Sovereign Diamonds Ltd

₹ 36.0 -2.49%
13 Jun - close price
About

Incorporated in 1974, Sovereign Diamonds Ltd manufactures and sells Gold Jewelry, Diamond studded Jewelry, and silver item[1]

Key Points

Product Profile:[1]
a) Gold
b) Diamond
c) Precious Stone
d) Semi Precious Stone
e) Pearl

  • Market Cap 20.9 Cr.
  • Current Price 36.0
  • High / Low 80.5 / 26.2
  • Stock P/E 2,086
  • Book Value 29.5
  • Dividend Yield 0.00 %
  • ROCE 4.89 %
  • ROE 0.06 %
  • Face Value 10.0

Pros

  • Company has reduced debt.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -7.93% over past five years.
  • Company has a low return on equity of 5.83% over last 3 years.

* 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

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
5.52 7.31 7.83 6.51 7.42 6.02 6.82 7.51 8.07 5.68 4.86 12.25 4.36
4.95 6.25 7.06 5.76 6.45 5.17 5.99 6.47 7.30 5.28 4.44 11.22 4.00
Operating Profit 0.57 1.06 0.77 0.75 0.97 0.85 0.83 1.04 0.77 0.40 0.42 1.03 0.36
OPM % 10.33% 14.50% 9.83% 11.52% 13.07% 14.12% 12.17% 13.85% 9.54% 7.04% 8.64% 8.41% 8.26%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.23 0.24 0.27 0.30 0.32 0.32 0.32 0.31 0.37 0.31 0.33 0.60 0.26
Depreciation 0.14 0.12 0.12 0.12 0.13 0.12 0.13 0.13 0.13 0.12 0.12 0.25 0.12
Profit before tax 0.20 0.70 0.38 0.33 0.52 0.41 0.38 0.60 0.27 -0.03 -0.03 0.18 -0.02
Tax % -10.00% 27.14% 26.32% 27.27% 26.92% 24.39% 26.32% 26.67% -22.22% 133.33% -100.00% 44.44% 500.00%
0.22 0.52 0.27 0.23 0.38 0.31 0.29 0.45 0.33 -0.06 0.00 0.10 -0.13
EPS in Rs 0.38 0.90 0.47 0.40 0.66 0.54 0.50 0.78 0.57 -0.10 0.00 0.17 -0.22
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
40.00 60.14 53.21 45.20 37.02 40.25 32.44 14.97 22.91 27.81 27.09 21.46
36.38 54.86 48.88 41.26 33.62 37.68 31.04 15.57 20.85 25.48 24.89 19.63
Operating Profit 3.62 5.28 4.33 3.94 3.40 2.57 1.40 -0.60 2.06 2.33 2.20 1.83
OPM % 9.05% 8.78% 8.14% 8.72% 9.18% 6.39% 4.32% -4.01% 8.99% 8.38% 8.12% 8.53%
0.19 0.03 0.02 -0.02 0.01 0.00 0.48 0.59 0.66 1.26 1.33 0.00
Interest 1.80 2.14 2.05 1.92 1.83 1.66 1.35 1.00 0.92 1.17 1.35 1.20
Depreciation 0.44 0.37 0.45 0.48 0.53 0.50 0.46 0.45 0.49 0.49 0.50 0.50
Profit before tax 1.57 2.80 1.85 1.52 1.05 0.41 0.07 -1.46 1.31 1.93 1.68 0.13
Tax % 35.03% 33.57% 34.05% 31.58% 24.76% 29.27% 57.14% 2.05% -2.29% 26.94% 17.86% 84.62%
1.02 1.85 1.21 1.03 0.79 0.28 0.04 -1.49 1.33 1.41 1.38 0.01
EPS in Rs 1.76 3.20 2.09 1.78 1.36 0.48 0.07 -2.57 2.30 2.44 2.38 0.02
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: -10%
5 Years: -8%
3 Years: -2%
TTM: -21%
Compounded Profit Growth
10 Years: -41%
5 Years: -13%
3 Years: -80%
TTM: -99%
Stock Price CAGR
10 Years: 19%
5 Years: 60%
3 Years: 39%
1 Year: 25%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 6%
Last Year: 0%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79
Reserves 3.45 5.15 6.36 7.34 8.18 8.44 8.48 7.00 8.33 9.74 11.09 11.27
14.30 16.79 15.33 13.99 14.17 11.90 11.98 12.08 11.32 12.65 11.53 8.90
4.09 11.67 7.25 2.11 1.09 5.07 7.27 2.07 3.37 3.28 2.96 1.78
Total Liabilities 27.63 39.40 34.73 29.23 29.23 31.20 33.52 26.94 28.81 31.46 31.37 27.74
2.56 2.57 2.96 2.85 2.43 2.83 3.30 3.65 3.61 4.09 4.14 3.81
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 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
25.07 36.83 31.77 26.38 26.80 28.37 30.22 23.29 25.06 27.37 27.23 23.93
Total Assets 27.63 39.40 34.73 29.23 29.23 31.20 33.52 26.94 28.81 31.46 31.37 27.74

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1.69 0.00 4.23 3.61 1.69 4.79 1.94 2.98 0.99 0.62 1.40 2.54
-0.53 -0.50 -0.81 -0.40 -0.11 -0.90 -0.89 -0.84 -0.59 -0.82 0.98 1.22
-1.76 0.49 -3.42 -3.20 -1.56 -3.85 -1.11 -0.87 -1.65 0.20 -2.39 -3.77
Net Cash Flow -0.60 -0.01 0.00 0.01 0.02 0.04 -0.05 1.27 -1.25 0.00 -0.01 -0.01

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 114.43 115.56 105.64 57.41 53.44 73.18 111.17 95.58 105.47 108.41 126.38 103.75
Inventory Days 126.43 114.80 113.94 179.92 264.34 220.88 274.48 496.29 384.16 334.45 315.51 415.76
Days Payable 29.47 67.63 34.68 5.26 10.90 49.61 90.11 37.91 53.14 43.87 38.03 26.83
Cash Conversion Cycle 211.39 162.73 184.89 232.07 306.87 244.45 295.53 553.95 436.50 398.99 403.86 492.68
Working Capital Days 190.53 151.55 167.58 194.94 251.52 210.29 260.70 492.52 351.30 317.88 326.20 380.65
ROCE % 14.61% 19.15% 14.13% 12.71% 10.42% 7.63% 5.27% -1.64% 8.87% 11.56% 10.71% 4.89%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01%
34.99% 34.99% 34.99% 34.99% 34.99% 34.98% 34.99% 34.98% 34.99% 34.99% 35.00% 34.99%
No. of Shareholders 4,4234,4294,4774,7114,7114,9895,2175,6785,8407,0277,8958,066

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