S.M. Gold Ltd

S.M. Gold Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

S.M. Gold Ltd

₹ 19.2 0.47%
25 Apr 4:01 p.m.
smgold.in BSE: 542034
About

Incorporated in 2017, S. M. Gold Ltd manufactures and sells Mangalsutra and other jewelry [1]

Key Points

Business Overview:[1]
Company is in the business of manufacturing
and wholesale trading of mangal sutra jewellery and other jewellery. Company has an in-house design team which designs mangal sutra and other jewellery in traditional, modern, customized and indo-western styles. It also directly purchases designs from other jewellery designers. Apart from manufacturing jewellery, the company also gets its mangal sutra and other jewellery manufactured through job workers. The company sells its products under the brand name of S. M. Gold – the House of Mangalsutra

Website BSE
  • Market Cap ₹ 19.3 Cr.
  • Current Price ₹ 19.2
  • High / Low ₹ 23.9 / 13.5
  • Stock P/E 15.8
  • Book Value ₹ 16.8
  • Dividend Yield 0.00 %
  • ROCE 2.50 %
  • ROE 1.02 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 1.14 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.46% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.2.88 Cr.
  • Promoter holding has decreased over last 3 years: -17.9%

* 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

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Quarterly Results

Figures in Rs. Crores

Jun 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.24 19.62 6.23 14.46 20.91 9.48 6.61 12.02 26.97 23.96 14.40 13.51 14.86
0.24 20.22 6.06 14.31 20.60 9.46 6.17 11.50 25.75 24.49 13.93 12.99 15.78
Operating Profit 0.00 -0.60 0.17 0.15 0.31 0.02 0.44 0.52 1.22 -0.53 0.47 0.52 -0.92
OPM % 0.00% -3.06% 2.73% 1.04% 1.48% 0.21% 6.66% 4.33% 4.52% -2.21% 3.26% 3.85% -6.19%
0.00 0.45 0.00 0.07 0.00 1.53 0.00 0.01 0.01 1.21 0.25 0.00 1.42
Interest 0.09 0.16 0.06 -0.06 0.22 0.13 0.07 0.05 0.18 0.28 0.15 0.13 0.23
Depreciation 0.00 0.02 0.01 0.01 0.00 0.01 0.01 0.00 0.01 0.02 0.01 0.01 0.01
Profit before tax -0.09 -0.33 0.10 0.27 0.09 1.41 0.36 0.48 1.04 0.38 0.56 0.38 0.26
Tax % 0.00% 0.00% 0.00% 14.81% 0.00% 11.35% 25.00% 25.00% 24.04% 26.32% 21.43% 23.68% 19.23%
-0.09 -0.33 0.10 0.24 0.09 1.25 0.28 0.36 0.79 0.28 0.44 0.29 0.21
EPS in Rs -0.09 -0.33 0.10 0.24 0.09 1.25 0.28 0.36 0.79 0.28 0.44 0.29 0.21
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
13.49 26.32 29.16 33.40 51.09 50.93 66.73
13.28 26.29 28.68 32.71 50.42 50.24 67.19
Operating Profit 0.21 0.03 0.48 0.69 0.67 0.69 -0.46
OPM % 1.56% 0.11% 1.65% 2.07% 1.31% 1.35% -0.69%
0.05 0.08 0.03 0.45 1.60 1.22 2.88
Interest 0.00 0.05 0.29 0.41 0.36 0.47 0.79
Depreciation 0.02 0.03 0.03 0.04 0.03 0.03 0.05
Profit before tax 0.24 0.03 0.19 0.69 1.88 1.41 1.58
Tax % 25.00% 33.33% 26.32% 13.04% 10.64% 24.82%
0.18 0.02 0.14 0.60 1.68 1.07 1.22
EPS in Rs 0.29 0.02 0.14 0.60 1.67 1.07 1.22
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 30%
3 Years: 20%
TTM: 21%
Compounded Profit Growth
10 Years: %
5 Years: -2%
3 Years: 7%
TTM: -54%
Stock Price CAGR
10 Years: %
5 Years: -1%
3 Years: -17%
1 Year: 26%
Return on Equity
10 Years: %
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 4.19 6.69 6.69 10.04 10.04 10.04 10.04
Reserves 1.00 6.02 6.16 3.42 5.10 6.11 6.84
0.13 1.50 4.03 4.71 8.92 13.32 17.23
0.67 0.05 0.26 0.15 0.29 2.12 2.08
Total Liabilities 5.99 14.26 17.14 18.32 24.35 31.59 36.19
0.08 0.05 0.90 0.10 0.08 0.09 0.09
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 3.41 3.01 2.51 3.27 0.65
5.91 14.21 12.83 15.21 21.76 28.23 35.45
Total Assets 5.99 14.26 17.14 18.32 24.35 31.59 36.19

Cash Flows

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-4.84 -6.61 3.52 -1.19 -1.74 0.10
-0.09 0.87 -4.28 1.16 0.49 -0.86
4.94 7.41 -0.29 0.04 1.24 0.75
Net Cash Flow 0.01 1.67 -1.05 0.00 -0.01 -0.01

Ratios

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 122.57 28.29 25.28 5.90 0.79 4.23
Inventory Days 35.50 147.69 135.50 163.80 157.36 200.40
Days Payable 7.21 0.00 0.26 0.23 0.22 12.10
Cash Conversion Cycle 150.86 175.98 160.53 169.47 157.93 192.52
Working Capital Days 140.16 180.14 156.21 164.36 153.32 187.12
ROCE % 0.82% 3.02% 3.71% 3.08% 2.50%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
62.64% 58.98% 58.98% 58.93% 58.93% 44.72% 44.72% 44.72% 44.72% 44.72% 44.72% 44.72%
0.00% 0.10% 0.10% 0.10% 0.10% 0.51% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
37.36% 40.91% 40.91% 40.96% 40.96% 54.75% 55.27% 55.27% 55.28% 55.28% 55.28% 55.27%
No. of Shareholders 4742,0473,0724,3894,80613,21813,80513,80413,54113,68813,68413,116

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Announcements

Annual reports

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