Sovereign Diamonds Ltd
Incorporated in 1974, Sovereign Diamonds Ltd manufactures and sells Gold Jewelry, Diamond studded Jewelry, and silver item[1]
- Market Cap ₹ 17.1 Cr.
- Current Price ₹ 29.6
- High / Low ₹ 37.8 / 20.0
- Stock P/E 12.0
- Book Value ₹ 27.8
- Dividend Yield 0.00 %
- ROCE 11.6 %
- ROE 9.51 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.06 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -5.56% over past five years.
- Company has a low return on equity of 3.06% 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
26.90 | 34.18 | 40.00 | 60.14 | 53.21 | 45.20 | 37.02 | 40.25 | 32.44 | 14.97 | 22.91 | 27.81 | 27.77 | |
24.53 | 31.04 | 36.38 | 54.86 | 48.88 | 41.26 | 33.62 | 37.68 | 31.04 | 15.57 | 20.85 | 25.48 | 24.08 | |
Operating Profit | 2.37 | 3.14 | 3.62 | 5.28 | 4.33 | 3.94 | 3.40 | 2.57 | 1.40 | -0.60 | 2.06 | 2.33 | 3.69 |
OPM % | 8.81% | 9.19% | 9.05% | 8.78% | 8.14% | 8.72% | 9.18% | 6.39% | 4.32% | -4.01% | 8.99% | 8.38% | 13.29% |
0.01 | 0.00 | 0.19 | 0.03 | 0.02 | -0.02 | 0.01 | 0.00 | 0.48 | 0.59 | 0.66 | 1.26 | 0.00 | |
Interest | 1.32 | 1.51 | 1.80 | 2.14 | 2.05 | 1.92 | 1.83 | 1.66 | 1.35 | 1.00 | 0.92 | 1.17 | 1.27 |
Depreciation | 0.34 | 0.43 | 0.44 | 0.37 | 0.45 | 0.48 | 0.53 | 0.50 | 0.46 | 0.45 | 0.49 | 0.49 | 0.51 |
Profit before tax | 0.72 | 1.20 | 1.57 | 2.80 | 1.85 | 1.52 | 1.05 | 0.41 | 0.07 | -1.46 | 1.31 | 1.93 | 1.91 |
Tax % | 34.72% | 38.33% | 35.03% | 33.57% | 34.05% | 31.58% | 24.76% | 29.27% | 57.14% | -2.05% | -2.29% | 26.94% | |
0.47 | 0.74 | 1.02 | 1.85 | 1.21 | 1.03 | 0.79 | 0.28 | 0.04 | -1.49 | 1.33 | 1.41 | 1.43 | |
EPS in Rs | 0.81 | 1.28 | 1.76 | 3.20 | 2.09 | 1.78 | 1.36 | 0.48 | 0.07 | -2.57 | 2.30 | 2.44 | 2.48 |
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: | -2% |
5 Years: | -6% |
3 Years: | -5% |
TTM: | 2% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 12% |
3 Years: | 313% |
TTM: | 15% |
Stock Price CAGR | |
---|---|
10 Years: | 19% |
5 Years: | 39% |
3 Years: | 73% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 6% |
5 Years: | 2% |
3 Years: | 3% |
Last Year: | 10% |
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 | 5.79 | 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 | 1.70 | 2.43 | 3.45 | 5.15 | 6.36 | 7.34 | 8.18 | 8.44 | 8.48 | 7.00 | 8.33 | 9.74 | 10.30 |
8.73 | 14.36 | 14.30 | 16.79 | 15.33 | 13.99 | 14.17 | 11.90 | 11.98 | 12.08 | 11.32 | 12.65 | 11.98 | |
1.04 | 3.22 | 4.09 | 11.67 | 7.25 | 2.11 | 1.09 | 5.07 | 7.27 | 2.07 | 3.37 | 3.94 | 4.06 | |
Total Liabilities | 17.26 | 25.80 | 27.63 | 39.40 | 34.73 | 29.23 | 29.23 | 31.20 | 33.52 | 26.94 | 28.81 | 32.12 | 32.13 |
2.55 | 2.46 | 2.56 | 2.57 | 2.96 | 2.85 | 2.43 | 2.83 | 3.30 | 3.65 | 3.61 | 4.09 | 4.03 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.14 |
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 | 0.00 |
14.71 | 23.34 | 25.07 | 36.83 | 31.77 | 26.38 | 26.80 | 28.37 | 30.22 | 23.29 | 25.06 | 28.03 | 27.96 | |
Total Assets | 17.26 | 25.80 | 27.63 | 39.40 | 34.73 | 29.23 | 29.23 | 31.20 | 33.52 | 26.94 | 28.81 | 32.12 | 32.13 |
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 | -3.30 | 1.69 | 0.00 | 4.23 | 3.61 | 1.69 | 4.79 | 1.94 | 2.98 | 0.99 | 0.62 | |
-1.00 | -0.34 | -0.53 | -0.50 | -0.81 | -0.40 | -0.11 | -0.90 | -0.89 | -0.84 | -0.59 | -0.82 | |
1.58 | 4.22 | -1.76 | 0.49 | -3.42 | -3.20 | -1.56 | -3.85 | -1.11 | -0.87 | -1.65 | 0.20 | |
Net Cash Flow | 0.01 | 0.58 | -0.60 | -0.01 | 0.00 | 0.01 | 0.02 | 0.04 | -0.05 | 1.27 | -1.25 | 0.00 |
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 | 120.76 | 110.20 | 114.43 | 115.56 | 105.64 | 57.41 | 53.44 | 73.18 | 111.17 | 95.58 | 105.47 | 108.41 |
Inventory Days | 89.72 | 153.25 | 126.43 | 114.80 | 113.94 | 179.92 | 264.34 | 220.88 | 274.48 | 496.29 | 384.16 | 334.45 |
Days Payable | 6.45 | 27.92 | 29.47 | 67.63 | 34.68 | 5.26 | 10.90 | 49.61 | 90.11 | 37.91 | 53.14 | 43.87 |
Cash Conversion Cycle | 204.04 | 235.53 | 211.39 | 162.73 | 184.89 | 232.07 | 306.87 | 244.45 | 295.53 | 553.95 | 436.50 | 398.99 |
Working Capital Days | 183.86 | 207.38 | 190.53 | 151.55 | 167.58 | 194.94 | 251.52 | 210.29 | 260.70 | 492.52 | 351.30 | 321.29 |
ROCE % | 13.87% | 13.97% | 14.61% | 19.15% | 14.13% | 12.71% | 10.42% | 7.63% | 5.27% | -1.64% | 8.87% | 11.56% |
Documents
Announcements
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Certificate Under Reg 40 (10) For FY 31.03.2024
15 Apr - Certificate issued under Reg 40 (10) of SEBI (LODR) Regulations, 2015 for the financial year ended 31st March, 2024 by M/s. P. C. Shah & …
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Compliance Certificate For FY 31.03.2024 Under Reg 7 (3)
15 Apr - Compliance Certificate issued under Regulation 7 (3) of SEBI (LODR) Regulations, 2018 for the financial year ended 31st March, 2024 by the Company and M/s. …
-
Intimation Regarding Non Applicability Of Large Entity Disclosure
15 Apr - Letter intimating regarding non-applicability of ''Large Corporate'' disclosure as per SEBI circular dated 26th November, 2018
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
15 Apr - Certificate issued under Regulation 74 (5) of SEBI (Depositories & Participants) Regulations, 2018 by M/s. Link Intime India Private Limited, Registrar and Share Transfer Agent …
- Change In Name Of Firm Of Secretarial Auditor 30 Mar
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Profile:[1]
a) Gold
b) Diamond
c) Precious Stone
d) Semi Precious Stone
e) Pearl