Equilateral Enterprises Ltd
Incorporated in 1988, Equilateral Enterprises Ltd deals in diamonds and other precious &
semi-precious stones[1]
- Market Cap ₹ 36.3 Cr.
- Current Price ₹ 29.4
- High / Low ₹ 36.5 / 20.9
- Stock P/E 227
- Book Value ₹ 8.78
- Dividend Yield 0.00 %
- ROCE 0.18 %
- ROE 0.18 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 3.35 times its book value
- Promoter holding is low: 8.04%
- Company has a low return on equity of 0.15% over last 3 years.
- Debtor days have increased from -8.45 to 59.7 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Jun 2013 | Mar 2014 9m | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.04 | 0.00 | 7.38 | 38.98 | 95.29 | 18.84 | 0.96 | 1.60 | 0.33 | 6.48 | 1.72 | 11.43 | 17.90 | |
0.12 | 0.02 | 7.48 | 39.27 | 96.21 | 19.84 | 1.65 | 1.80 | 0.34 | 6.47 | 2.86 | 12.64 | 19.42 | |
Operating Profit | -0.08 | -0.02 | -0.10 | -0.29 | -0.92 | -1.00 | -0.69 | -0.20 | -0.01 | 0.01 | -1.14 | -1.21 | -1.52 |
OPM % | -200.00% | -1.36% | -0.74% | -0.97% | -5.31% | -71.88% | -12.50% | -3.03% | 0.15% | -66.28% | -10.59% | -8.49% | |
2.17 | 0.00 | 0.15 | 0.60 | 1.13 | 1.03 | 0.69 | 0.20 | 0.01 | 0.00 | 1.16 | 1.23 | 1.68 | |
Interest | 0.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.15 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 1.74 | -0.02 | 0.05 | 0.31 | 0.21 | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.16 |
Tax % | 0.00% | 0.00% | 0.00% | 3.23% | 19.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |||
1.74 | -0.02 | 0.05 | 0.30 | 0.18 | 0.03 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.16 | |
EPS in Rs | 3.90 | -0.04 | 0.04 | 0.24 | 0.15 | 0.02 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.02 | 0.13 |
Dividend Payout % | 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: | 64% |
3 Years: | 226% |
TTM: | 337% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | % |
3 Years: | % |
TTM: | 700% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 0% |
3 Years: | 0% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5.97 | 5.97 | 13.83 | 12.33 | 12.33 | 12.33 | 12.33 | 12.33 | 12.33 | 12.33 | 12.33 | 12.33 | 12.33 |
Reserves | -5.51 | -5.53 | -3.51 | -1.72 | -1.54 | -1.51 | -1.51 | -1.50 | -1.50 | -1.49 | -1.47 | -1.45 | -1.50 |
0.00 | 0.00 | 0.34 | 0.34 | 0.34 | 0.34 | 0.40 | 0.40 | 0.34 | 0.00 | 0.00 | 0.00 | 0.00 | |
2.22 | 0.38 | 0.12 | 11.42 | 17.03 | 7.74 | 6.28 | 4.70 | 3.59 | 10.85 | 7.67 | 12.08 | 8.67 | |
Total Liabilities | 2.68 | 0.82 | 10.78 | 22.37 | 28.16 | 18.90 | 17.50 | 15.93 | 14.76 | 21.69 | 18.53 | 22.96 | 19.50 |
0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
CWIP | 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 |
Investments | 0.01 | 0.45 | 0.05 | 0.05 | 0.00 | 0.00 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
2.67 | 0.37 | 10.73 | 22.32 | 28.11 | 18.85 | 17.45 | 15.88 | 14.71 | 21.64 | 18.48 | 22.91 | 19.45 | |
Total Assets | 2.68 | 0.82 | 10.78 | 22.37 | 28.16 | 18.90 | 17.50 | 15.93 | 14.76 | 21.69 | 18.53 | 22.96 | 19.50 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Jun 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.09 | -0.04 | -10.33 | -0.58 | -3.07 | 0.72 | 0.17 | -0.09 | -1.09 | -14.24 | 6.35 | 0.04 | |
4.15 | -0.44 | 0.53 | 0.60 | 1.04 | 1.04 | 0.00 | 0.00 | 1.01 | 0.00 | 0.00 | 0.00 | |
-4.00 | 0.52 | 9.83 | 0.00 | 2.18 | -2.16 | 0.00 | 0.00 | 0.00 | 14.29 | -6.35 | 0.00 | |
Net Cash Flow | 0.06 | 0.04 | 0.03 | 0.02 | 0.15 | -0.40 | 0.17 | -0.09 | -0.07 | 0.05 | 0.00 | 0.04 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Jun 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 | 0.00 | 0.00 | 67.14 | 53.40 | 69.94 | 688.18 | 47.91 | 276.52 | -21.40 | -63.66 | 59.72 | |
Inventory Days | 224.81 | 5.04 | 1.71 | 8.33 | 21.33 | 24.78 | 99.55 | 4.02 | 10.14 | 58.15 | ||
Days Payable | 0.00 | 105.03 | 55.88 | 139.19 | 1,486.07 | 1,058.95 | 6,122.05 | 500.44 | 971.88 | 338.11 | ||
Cash Conversion Cycle | 0.00 | 224.81 | -32.86 | -0.78 | -60.92 | -776.56 | -986.26 | -5,745.98 | -517.83 | -1,025.41 | -220.24 | |
Working Capital Days | 2,281.25 | 509.42 | -33.15 | -9.08 | -65.48 | 4,170.89 | 2,525.34 | -3,417.73 | -595.38 | -1,547.01 | -243.01 | |
ROCE % | 25.00% | -1.80% | 0.90% | 2.87% | 1.90% | 0.27% | 0.00% | 0.00% | 0.00% | 0.09% | 0.18% | 0.18% |
Documents
Announcements
-
Appointment of Company Secretary and Compliance Officer
1d - Appointment of Ms. Alpi Jain as Company Secretary on 4 Jan 2025; delayed Reg 30 filing explained.
-
Board Meeting Intimation for Intimation Of Notice Of 01/2025-2026 Board Meeting Schedule To Be Held On Friday, 30Th May, 2025
19 May - Board meeting on May 30, 2025, to approve audited financial results and auditor report for FY 2024-25.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Certificate under Regulation 74(5) for Q1 2025.
- Closure of Trading Window 27 Mar
-
Revocation Of Suspension Of Trading
12 Mar - Revocation of suspension of trading for Equilateral Enterprises.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 1999
from bse
Business Overview:[1]
EEL operates in the diamond and jewelry industry, engaging in activities such as acquisition, sale, cutting, polishing, manufacturing, and processing of diamonds, pearls, gems, and precious metals. The company is also involved in import, export, trade, brokerage, agency services, distribution, franchising, and collaborations. Its product portfolio includes ornaments featuring diamonds, gold, silver, and other precious and semi-precious stones.