Veerkrupa Jewellers Ltd
₹ 1.07
0.94%
30 Apr
- close price
About
Incorporated in 2019, Veerkrupa Jewellers Ltd is in the business of trading jewelry based products
Key Points
- Market Cap ₹ 14.0 Cr.
- Current Price ₹ 1.07
- High / Low ₹ 2.49 / 0.86
- Stock P/E 56.1
- Book Value ₹ 1.02
- Dividend Yield 0.00 %
- ROCE 1.97 %
- ROE 1.84 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 1.05 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 26.8%
- Company has a low return on equity of 1.08% over last 3 years.
- Company might be capitalizing the interest cost
* 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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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 1.62 | 10.95 | 4.63 | 12.26 | 18.80 | 13.85 | 12.66 | |
| 1.44 | 10.94 | 4.60 | 12.22 | 18.72 | 13.55 | 12.36 | |
| Operating Profit | 0.18 | 0.01 | 0.03 | 0.04 | 0.08 | 0.30 | 0.30 |
| OPM % | 11.11% | 0.09% | 0.65% | 0.33% | 0.43% | 2.17% | 2.37% |
| 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | |
| Interest | 0.12 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
| Profit before tax | 0.09 | 0.00 | 0.02 | 0.01 | 0.05 | 0.28 | 0.30 |
| Tax % | 0.00% | 0.00% | 0.00% | 20.00% | 14.29% | ||
| 0.08 | 0.01 | 0.01 | 0.01 | 0.04 | 0.24 | 0.25 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 44% |
| TTM: | -46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 188% |
| TTM: | 108% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.61 | 1.87 | 1.87 | 4.86 | 7.86 | 13.11 |
| Reserves | 0.08 | 3.03 | 3.04 | 0.05 | 5.20 | 0.21 |
| 1.95 | 0.00 | 0.00 | 0.42 | 1.13 | 4.90 | |
| 0.71 | 0.31 | 5.44 | 4.84 | 0.83 | 3.47 | |
| Total Liabilities | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 21.69 |
| 0.56 | 0.04 | 0.06 | 0.05 | 0.04 | 0.06 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.12 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 |
| 2.67 | 5.17 | 10.29 | 10.12 | 14.86 | 21.63 | |
| Total Assets | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 21.69 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -0.49 | -4.34 | 0.04 | -0.33 | -8.78 | 0.01 | |
| 0.19 | -0.04 | 0.09 | -0.01 | -0.01 | 0.09 | |
| 0.29 | 4.89 | 0.00 | 0.42 | 8.81 | 0.79 | |
| Net Cash Flow | 0.00 | 0.51 | 0.13 | 0.08 | 0.01 | 0.89 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 42.00 | 222.31 | 9.82 | 5.05 | |
| Inventory Days | 635.27 | 112.15 | 583.84 | 286.87 | 287.96 | |
| Days Payable | 197.82 | 10.07 | 437.68 | 146.79 | 16.68 | |
| Cash Conversion Cycle | 437.44 | 144.08 | 368.47 | 149.90 | 276.33 | |
| Working Capital Days | 439.35 | 145.00 | 379.19 | 153.92 | 269.87 | |
| ROCE % | 0.00% | 0.41% | 0.39% | 0.72% |
Documents
Announcements
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
1d - Veerkrupa Jewellers confirms it is not a Large Corporate under SEBI debt issuance framework.
-
Board Meeting Intimation for Reschedule Of Board Meeting
2d - Board meeting postponed from April 28 to May 6, 2025 for Draft Letter of Offer review.
-
Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
26 Apr - Veerkrupa Jewellers confirms it is not classified as a 'Large Corporate' per SEBI criteria.
-
Board Meeting Intimation for Postponement Of Board Meeting
23 Apr - Board meeting postponed from April 23 to April 28, 2025 due to director unavailability.
- Closure of Trading Window 19 Apr
Business Overview:[1]
Company manufactures and trades different types of Gold and Silver jewelry products like chains, mangalsutra, gold/silver bars, necklace and bangles, gold based chains, bracelets, bangles, rings, earrings, ear chain, nose-rings, nose pins. Company purchases only readymade jewelries from jewelry manufacturers or independent jewelry wholesalers located in Ahmedabad and then sells them through its showroom and by its marketing and sales team directly to other jewelry stores. Company's products are sold throughout Gujarat only through B2B marketing and/ or Direct/Outbound marketing strategy