PNGS Gargi Fashion Jewellery Ltd

PNGS Gargi Fashion Jewellery Ltd

₹ 1,358 -1.43%
13 Dec - close price
About

Incorporated in 2009, PNGS Gargi
Fashion Jewellery Ltd does trading
fashion jewellery, articles of silver
and other articles[1]

Key Points

Business Overview:[1]
PNGS is in the retail business of costume and fashion jewellery under the brand name Gargi by P. N. Gadgil & Sons which was launched in FY21 under the fashion jewellery segment. Company deals in 92.5% certified sterling silver jewellery, brass and copper jewellery, idols, and other gift articles. It commenced commercial sale of 14 Carat Gold studded with natural diamond jewellery from October 2023. Currently, the company has ~1 Online Store, Offline Store
~36, Jewellery Designs ~1 Million

  • Market Cap 1,407 Cr.
  • Current Price 1,358
  • High / Low 1,458 / 377
  • Stock P/E 66.8
  • Book Value 83.5
  • Dividend Yield 0.00 %
  • ROCE 43.4 %
  • ROE 34.1 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has a good return on equity (ROE) track record: 3 Years ROE 39.4%

Cons

  • Stock is trading at 16.3 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -1.23%

* 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

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1.24 4.70 5.33 6.56 9.69 7.09 6.52 10.80 17.78 15.38 44.45 22.94
0.94 3.47 4.02 4.85 7.98 5.24 5.09 8.35 13.60 12.20 30.28 16.01
Operating Profit 0.30 1.23 1.31 1.71 1.71 1.85 1.43 2.45 4.18 3.18 14.17 6.93
OPM % 24.19% 26.17% 24.58% 26.07% 17.65% 26.09% 21.93% 22.69% 23.51% 20.68% 31.88% 30.21%
0.00 0.00 0.00 0.00 0.03 0.12 0.17 0.17 0.13 0.11 0.01 0.12
Interest 0.00 0.02 0.06 0.05 0.07 0.02 0.02 0.03 0.01 0.08 0.05 0.03
Depreciation 0.01 0.01 0.02 0.03 0.06 0.07 0.07 0.08 0.09 0.09 0.10 0.11
Profit before tax 0.29 1.20 1.23 1.63 1.61 1.88 1.51 2.51 4.21 3.12 14.03 6.91
Tax % 24.14% 25.00% 25.20% 25.15% 27.33% 28.19% 15.23% 33.07% 24.94% 24.68% 25.45% 26.34%
0.22 0.89 0.92 1.21 1.18 1.35 1.28 1.68 3.16 2.35 10.46 5.09
EPS in Rs 220.00 890.00 920.00 4.82 1.23 1.40 1.33 1.74 3.28 2.44 10.86 4.91
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 0 6 29 50 101
0 0 4 22 39 72
Operating Profit 0 0 2 7 11 28
OPM % 0% 26% 23% 22% 28%
0 0 0 0 1 0
Interest 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0
Profit before tax 0 0 1 6 11 28
Tax % 26% 26% 25%
0 0 1 5 8 21
EPS in Rs 0.00 0.00 1,110.00 4.87 8.79 21.49
Dividend Payout % 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 1615%
TTM: 195%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 284%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 225%
Return on Equity
10 Years: %
5 Years: %
3 Years: 39%
Last Year: 34%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.01 0.01 10 10 10
Reserves 0 0 1 11 19 76
0 0 5 1 2 3
0 0 2 2 7 17
Total Liabilities 0 0 8 24 39 106
0 0 0 1 1 2
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 0 0
0 0 8 23 37 104
Total Assets 0 0 8 24 39 106

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 0 -4 2 -12
0 0 -0 -1 -0
0 0 5 10 1
Net Cash Flow 0 0 1 11 -11

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 365 1 0 14
Inventory Days 724 236 402
Days Payable 138 31 62
Cash Conversion Cycle 365 586 206 354
Working Capital Days 0 340 118 211
ROCE % 0% 47% 46% 43%

Shareholding Pattern

Numbers in percentages

9 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.00% 73.00% 73.00% 73.00% 73.00% 72.08% 72.08% 70.85%
0.00% 0.00% 0.00% 0.00% 0.00% 0.12% 0.19% 0.55%
27.01% 27.00% 27.00% 27.01% 27.01% 27.81% 27.73% 28.60%
No. of Shareholders 2132312903525097119361,711

* 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.

Click on the line-items to see the names of individual entities.

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