PNGS Gargi Fashion Jewellery Ltd

PNGS Gargi Fashion Jewellery Ltd

₹ 582 4.98%
19 Apr - close price
About

Incorporated in 2009, PNGS Gargi Fashion Jewellery Limited is engaged in the retail business of costume and fashion jewellery under the brand name "Gargi by P. N. Gadgil & Sons" launched in 2021 under the artificial jewellery segment.[1]

Key Points

Business Area[1] The company deals in 92.5% certified sterling silver jewelry and brass jewelry, idols and other silverware and related gift items offering a wide range of products from artificial jewelry segment for special occasions such as weddings and festivals to daily-wear jewelry for all ages, genders and across various price points.

  • Market Cap 560 Cr.
  • Current Price 582
  • High / Low 701 / 110
  • Stock P/E 75.0
  • Book Value 24.4
  • Dividend Yield 0.00 %
  • ROCE 46.2 %
  • ROE 43.2 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • 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 50.7%
  • Company's working capital requirements have reduced from 229 days to 118 days

Cons

  • Stock is trading at 23.8 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -0.92%

* 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: Retail Industry: Trading

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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
1.24 4.70 5.33 6.56 9.69 7.09 6.52 10.80 17.78
0.94 3.47 4.02 4.85 7.98 5.24 5.09 8.38 13.60
Operating Profit 0.30 1.23 1.31 1.71 1.71 1.85 1.43 2.42 4.18
OPM % 24.19% 26.17% 24.58% 26.07% 17.65% 26.09% 21.93% 22.41% 23.51%
0.00 0.00 0.00 0.00 0.03 0.12 0.17 0.18 0.13
Interest 0.00 0.02 0.06 0.05 0.07 0.02 0.02 0.01 0.01
Depreciation 0.01 0.01 0.02 0.03 0.06 0.07 0.07 0.08 0.09
Profit before tax 0.29 1.20 1.23 1.63 1.61 1.88 1.51 2.51 4.21
Tax % 24.14% 25.00% 25.20% 25.15% 27.33% 28.19% 15.23% 33.07% 24.94%
0.22 0.89 0.92 1.21 1.18 1.35 1.28 1.68 3.16
EPS in Rs 220.00 890.00 920.00 4.82 1.23 1.40 1.33 1.74 3.28
Raw PDF
Upcoming result date: 24 April 2024

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.00 0.01 5.94 28.67 42.19
0.00 0.01 4.42 22.10 32.31
Operating Profit 0.00 0.00 1.52 6.57 9.88
OPM % 0.00% 25.59% 22.92% 23.42%
0.00 0.00 0.00 0.15 0.60
Interest 0.00 0.00 0.02 0.20 0.06
Depreciation 0.00 0.00 0.02 0.18 0.31
Profit before tax 0.00 0.00 1.48 6.34 10.11
Tax % 25.68% 26.03%
0.00 0.00 1.11 4.69 7.47
EPS in Rs 0.00 0.00 1,110.00 4.87 7.75
Dividend Payout % 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 61%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 78%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 350%
Return on Equity
10 Years: %
5 Years: %
3 Years: 51%
Last Year: 43%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 0.01 9.63 9.63
Reserves 0.00 0.01 1.11 10.95 13.91
0.00 0.00 5.31 1.33 0.44
0.02 0.01 1.93 2.31 4.45
Total Liabilities 0.03 0.03 8.36 24.22 28.43
0.00 0.00 0.36 1.29 1.25
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.10
0.03 0.03 8.00 22.93 27.08
Total Assets 0.03 0.03 8.36 24.22 28.43

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 -4.31 1.70
0.00 0.00 -0.38 -1.11
0.00 0.00 5.29 10.13
Net Cash Flow 0.00 0.00 0.61 10.71

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 365.00 0.61 0.38
Inventory Days 723.63 236.32
Days Payable 137.94 31.21
Cash Conversion Cycle 365.00 586.31 205.50
Working Capital Days 0.00 339.81 118.14
ROCE % 0.00% 46.51% 46.15%

Shareholding Pattern

Numbers in percentages

16 Recently
Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.00% 73.00% 73.00% 73.00% 73.00% 72.08%
0.00% 0.00% 0.00% 0.00% 0.00% 0.12%
27.01% 27.00% 27.00% 27.01% 27.01% 27.81%
No. of Shareholders 213231290352509711

* 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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