S.M. Gold Ltd
₹ 13.9
-0.22%
10 Feb
3:06 p.m.
About
Incorporated in 2017, S. M. Gold Ltd is in
the business of Gold, Diamond & Jewellery Ornaments[1]
Key Points
- Market Cap ₹ 18.5 Cr.
- Current Price ₹ 13.9
- High / Low ₹ 20.7 / 10.9
- Stock P/E 22.5
- Book Value ₹ 17.7
- Dividend Yield 0.00 %
- ROCE 3.33 %
- ROE 2.10 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.80 times its book value
- Company's working capital requirements have reduced from 89.0 days to 69.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 33.9%
- Company has a low return on equity of 1.71% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -10.8%
* 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
Upcoming result date: tomorrow
Profit & Loss
Figures in Rs. Crores
| Mar 2018 9m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 13 | 26 | 29 | 33 | 51 | 51 | 62 | 88 | 116 | |
| 13 | 26 | 29 | 33 | 50 | 50 | 61 | 86 | 115 | |
| Operating Profit | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| OPM % | 2% | 0% | 2% | 2% | 1% | 1% | 2% | 2% | 1% |
| 0 | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 0 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 |
| Tax % | 25% | 33% | 26% | 13% | 11% | 25% | 12% | 21% | |
| 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | |
| EPS in Rs | 0.29 | 0.02 | 0.14 | 0.60 | 1.67 | 1.07 | 1.19 | 0.57 | 0.67 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 20% |
| TTM: | -19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 22% |
| TTM: | -38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -7% |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 10 |
| Reserves | 1 | 6 | 6 | 3 | 5 | 6 | 12 | 13 | 13 |
| 0 | 2 | 4 | 5 | 9 | 13 | 17 | 16 | 16 | |
| 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 5 | |
| Total Liabilities | 6 | 14 | 17 | 18 | 24 | 30 | 40 | 40 | 44 |
| 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 3 | 3 | 3 | 2 | 6 | 6 | 6 |
| 6 | 14 | 13 | 15 | 22 | 28 | 34 | 34 | 38 | |
| Total Assets | 6 | 14 | 17 | 18 | 24 | 30 | 40 | 40 | 44 |
Cash Flows
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| -5 | -7 | 4 | -1 | -2 | -1 | -1 | 1 | |
| -0 | 1 | -4 | 1 | 0 | 1 | -4 | -0 | |
| 5 | 7 | -0 | 0 | 1 | 1 | 5 | -1 | |
| Net Cash Flow | 0 | 2 | -1 | 0 | -0 | -0 | 0 | 0 |
Ratios
Figures in Rs. Crores
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 123 | 28 | 25 | 6 | 1 | 4 | 1 | 1 |
| Inventory Days | 36 | 148 | 136 | 164 | 157 | 200 | 200 | 138 |
| Days Payable | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 151 | 176 | 161 | 169 | 158 | 204 | 200 | 139 |
| Working Capital Days | 137 | 159 | 106 | 113 | 90 | 103 | 95 | 69 |
| ROCE % | 1% | 3% | 4% | 3% | 2% | 4% | 3% |
Documents
Announcements
-
Board Meeting Intimation for Unaudited Financial Result For The Quarter And Nine Months Ended On 31St December 2025
5 Feb - Board meeting on Feb 11, 2026 to approve Q3/9M Dec 31, 2025 results; trading window closed until Feb 13, 2026.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Jan - Certificate under Regulation 74(5) of the SEBI (Depositories & Participants) Regulations 2018 for the quarter ended December 31st, 2025.
-
Clarification On Significant Movement In The Price Of Security
16 Jan - Jan 16, 2026: S.M. Gold (BSE 542034) clarifies price movement market-driven; no undisclosed material information.
-
Clarification On Significant Movement In The Price Of Security
16 Jan - Company clarifies Jan 16, 2026 share-price movement; movements market-driven, no material disclosure withheld.
-
Clarification sought from S. M. Gold Ltd
16 Jan - Exchange has sought clarification from S. M. Gold Ltd on January 16, 2026, with reference to Movement in Price.
Business Overview:[1]
SMGL is in the business of manufacturing and wholesale trading of mangalsutra jewellery, and in small parts for other jewellery. The company offers customers a wide variety of traditional, indo-western and modern jewellery. They also customize the jewellery as per the individual needs. It is sold under the brand name S. M. Gold - the House of Mangalsutra