Kenvi Jewels Ltd

Kenvi Jewels Ltd

₹ 6.03 -0.82%
23 Apr - close price
About

Incorporated in 2002, Kenvi Jewels does trading of precious metals and jewelry[1]

Key Points

Business Overview:[1]
Company is in the business of manufacturing, wholesaling and retailing of jewelry. The designing of jewelry is done in house which is manufactured at its manufacturing unit. Further, company also gets its jewelry designed by third party designers as and when required. Company sells gold jewelry made with or without studded diamonds, precious and semiprecious stones. Its retail business is done through its own showroom in Odhav, Ahmedabad

  • Market Cap 76.2 Cr.
  • Current Price 6.03
  • High / Low 15.7 / 4.76
  • Stock P/E 92.9
  • Book Value 1.11
  • Dividend Yield 0.00 %
  • ROCE 7.29 %
  • ROE 4.03 %
  • Face Value 1.00

Pros

  • Company's working capital requirements have reduced from 82.6 days to 57.8 days

Cons

  • Stock is trading at 5.41 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -4.66%
  • Company has a low return on equity of 3.16% 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

Jun 2021 Sep 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
10.67 12.70 43.48 17.66 20.08 59.77 28.49 26.02 27.16 36.16
10.55 12.55 42.91 17.46 19.92 59.22 27.90 25.73 26.93 35.71
Operating Profit 0.12 0.15 0.57 0.20 0.16 0.55 0.59 0.29 0.23 0.45
OPM % 1.12% 1.18% 1.31% 1.13% 0.80% 0.92% 2.07% 1.11% 0.85% 1.24%
0.00 0.00 0.01 0.00 0.01 0.00 0.02 0.00 0.00 0.02
Interest 0.03 0.03 0.14 0.04 0.08 0.19 0.11 0.05 0.09 0.15
Depreciation 0.00 0.00 0.10 0.00 0.00 0.00 0.12 0.00 0.00 0.00
Profit before tax 0.09 0.12 0.34 0.16 0.09 0.36 0.38 0.24 0.14 0.32
Tax % 0.00% 25.00% 32.35% 25.00% 33.33% 25.00% 28.95% 25.00% 21.43% 21.88%
0.09 0.09 0.23 0.12 0.07 0.27 0.27 0.19 0.11 0.25
EPS in Rs 0.01 0.01 0.02 0.01 0.01 0.02 0.02 0.02 0.01 0.02
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
7 7 18 31 35 40 67 88 118
7 7 17 31 34 39 66 87 116
Operating Profit 0 0 0 0 0 1 1 1 2
OPM % 2% 2% 1% 1% 1% 1% 1% 1% 1%
0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 0 0 0 1 1 1
Tax % 0% 25% 27% 25% 20% 24% 25% 27%
0 0 0 0 0 0 0 1 1
EPS in Rs 0.02 0.05 0.01 0.01 0.02 0.02 0.03 0.04 0.07
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 38%
3 Years: 37%
TTM: -16%
Compounded Profit Growth
10 Years: %
5 Years: 43%
3 Years: 33%
TTM: 19%
Stock Price CAGR
10 Years: %
5 Years: 68%
3 Years: 90%
1 Year: -25%
Return on Equity
10 Years: %
5 Years: 2%
3 Years: 3%
Last Year: 4%

Balance Sheet

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0 0 5 5 10 10 10 10 13
Reserves 0 0 7 8 2 3 3 4 1
2 1 1 2 1 1 0 1 5
0 1 1 1 0 1 1 0 4
Total Liabilities 2 2 14 14 14 15 14 15 23
0 0 0 0 0 1 0 0 0
CWIP 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0
2 2 14 14 13 14 14 15 23
Total Assets 2 2 14 14 14 15 14 15 23

Cash Flows

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0 6 -1 0 1 0 0
0 -0 -0 -0 -0 0 0
-0 -6 1 -0 -0 -0 -0
Net Cash Flow 0 1 -1 0 -0 0 -0

Ratios

Figures in Rs. Crores

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 3 12 161 27 32 6 14 9
Inventory Days 101 102 82 129 106 123 61 51
Days Payable 17 2 10 1 1 1 1 1
Cash Conversion Cycle 87 113 233 155 138 129 74 60
Working Capital Days 80 72 249 159 134 121 69 58
ROCE % 7% 2% 1% 3% 3% 5% 7%

Shareholding Pattern

Numbers in percentages

12 Recently
Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 65.10% 64.72% 60.06%
34.90% 34.90% 34.90% 34.90% 34.90% 34.90% 34.89% 34.89% 34.89% 34.90% 35.28% 39.94%
No. of Shareholders 87878582772462654416,46619,65923,56128,770

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