Swarnsarita Jewels India Ltd
Incorporated in 2005, Swarnsarita Jewels India Ltd is a manufacturer, wholesaler and retailer of Gold and Diamond Jewelry
- Market Cap ₹ 114 Cr.
- Current Price ₹ 54.5
- High / Low ₹ 65.0 / 23.1
- Stock P/E 20.8
- Book Value ₹ 58.8
- Dividend Yield 0.00 %
- ROCE 6.50 %
- ROE 3.98 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.93 times its book value
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 7.00% over past five years.
- Company has a low return on equity of 5.46% over last 3 years.
- Company might be capitalizing the interest cost
- Promoters have pledged 57.7% of their holding.
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
157 | 170 | 240 | 322 | 287 | 486 | 549 | 559 | 576 | 841 | 840 | 770 | 730 | |
156 | 168 | 236 | 317 | 281 | 480 | 542 | 553 | 565 | 831 | 827 | 756 | 716 | |
Operating Profit | 1 | 2 | 5 | 5 | 5 | 7 | 6 | 6 | 11 | 10 | 13 | 14 | 15 |
OPM % | 1% | 1% | 2% | 1% | 2% | 1% | 1% | 1% | 2% | 1% | 2% | 2% | 2% |
1 | 2 | 4 | 5 | 4 | 4 | 6 | 7 | 4 | 7 | 3 | 2 | 2 | |
Interest | 0 | 1 | 3 | 5 | 4 | 4 | 5 | 5 | 6 | 7 | 8 | 9 | 8 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 2 | 3 | 5 | 4 | 4 | 6 | 7 | 7 | 8 | 10 | 8 | 7 | 8 |
Tax % | 22% | 20% | 32% | 31% | 31% | 33% | 33% | 34% | 31% | 27% | 25% | 27% | |
2 | 2 | 3 | 3 | 3 | 4 | 5 | 5 | 5 | 8 | 6 | 5 | 5 | |
EPS in Rs | 0.76 | 1.00 | 1.54 | 1.29 | 1.38 | 2.08 | 2.29 | 2.17 | 2.62 | 3.59 | 3.01 | 2.29 | 2.62 |
Dividend Payout % | 66% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 16% |
5 Years: | 7% |
3 Years: | 10% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 0% |
3 Years: | -4% |
TTM: | -41% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 49% |
3 Years: | 48% |
1 Year: | 65% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 5% |
Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 | 21 |
Reserves | 53 | 55 | 58 | 61 | 64 | 68 | 73 | 77 | 83 | 91 | 97 | 102 |
0 | 15 | 48 | 75 | 79 | 105 | 131 | 101 | 117 | 126 | 121 | 108 | |
11 | 30 | 8 | 12 | 7 | 11 | 9 | 9 | 5 | 6 | 9 | 11 | |
Total Liabilities | 85 | 121 | 135 | 169 | 171 | 205 | 234 | 208 | 226 | 244 | 248 | 241 |
0 | 0 | 0 | 2 | 2 | 2 | 2 | 3 | 5 | 5 | 5 | 6 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 1 | 1 | 6 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
84 | 120 | 134 | 161 | 166 | 204 | 232 | 205 | 220 | 239 | 243 | 234 | |
Total Assets | 85 | 121 | 135 | 169 | 171 | 205 | 234 | 208 | 226 | 244 | 248 | 241 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-4 | -13 | -29 | 1 | -17 | -2 | -26 | 13 | 6 | 8 | 9 | 5 | |
16 | 1 | 2 | -4 | 5 | 5 | 2 | 1 | -1 | 2 | 1 | -1 | |
-12 | 16 | 37 | 21 | 0 | 22 | 20 | -35 | 7 | 2 | -13 | -22 | |
Net Cash Flow | -0 | 3 | 10 | 18 | -12 | 25 | -4 | -21 | 13 | 12 | -3 | -18 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 34 | 96 | 57 | 54 | 56 | 40 | 42 | 45 | 57 | 37 | 33 | 42 |
Inventory Days | 96 | 95 | 86 | 79 | 116 | 68 | 77 | 69 | 57 | 43 | 49 | 54 |
Days Payable | 22 | 65 | 8 | 11 | 5 | 2 | 3 | 2 | 1 | 1 | 3 | 3 |
Cash Conversion Cycle | 108 | 127 | 135 | 121 | 167 | 106 | 117 | 113 | 112 | 79 | 79 | 92 |
Working Capital Days | 168 | 183 | 170 | 129 | 173 | 106 | 114 | 109 | 111 | 78 | 80 | 91 |
ROCE % | 5% | 7% | 7% | 5% | 6% | 6% | 6% | 7% | 8% | 7% | 6% |
Documents
Announcements
- Closure of Trading Window 26 Sep
-
Announcement Under Reg. 30 - Approval Of The Re-Appointment Of Independent Directors And Auditor
26 Sep - Re-appointment of statutory auditor and directors.
- AGM Update : VOTING RESULTS AND SCRUTINIZER REPORT FOR THE 32ND ANNUAL GENERAL MEETING OF THE COMPANY 25 Sep
- Shareholder Meeting / Postal Ballot-Outcome of AGM 24 Sep
-
Announcement Under Reg. 30- Appointment / Reappointment Of Directors And Statutory Auditor
31 Aug - Outcome of board meeting and AGM details.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
Company is involved in the business of Export & Import and Manufacturing & Trading of Polished Diamonds, Gems & Jewelry