Khazanchi Jewellers Ltd

Khazanchi Jewellers Ltd

₹ 350 2.56%
02 May 11:08 a.m.
About

Khazanchi Jewellers is engaged in the business of buying and selling of Gold ornaments, Gold bullion, Silver ornaments.

Key Points

Business Profile[1] Khazanchi Jewellers Ltd. (KJL) is a prominent player in the Indian jewelry industry, with a strong presence in wholesale and retail sectors.

  • Market Cap 866 Cr.
  • Current Price 350
  • High / Low 362 / 142
  • Stock P/E 118
  • Book Value 71.2
  • Dividend Yield 0.00 %
  • ROCE 14.1 %
  • ROE 22.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Promoter holding has increased by 0.83% over last quarter.
  • Company's working capital requirements have reduced from 102 days to 81.1 days

Cons

  • Stock is trading at 4.92 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend

* 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: Trading Industry: Trading

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Half Yearly Results

Figures in Rs. Crores

Sep 2022 Sep 2023
233 406
228 385
Operating Profit 5 20
OPM % 2% 5%
0 0
Interest 3 2
Depreciation 0 0
Profit before tax 2 18
Tax % 27% 14%
2 16
EPS in Rs 6.35
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
361 382 257 481
353 374 249 465
Operating Profit 8 8 8 16
OPM % 2% 2% 3% 3%
1 1 1 1
Interest 6 5 4 6
Depreciation 0 0 0 0
Profit before tax 3 4 4 10
Tax % 24% 24% 23% 26%
2 3 3 8
EPS in Rs
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 10%
TTM: 87%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 47%
TTM: 142%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 16%
Last Year: 23%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 10 10 10 10 25
Reserves 13 16 19 26 151
78 75 84 85 46
3 13 12 24 1
Total Liabilities 104 113 124 145 223
13 9 13 13 14
CWIP 0 0 0 0 0
Investments 0 0 0 0 0
91 104 112 132 210
Total Assets 104 113 124 145 223

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
1 5 -1 6
-4 4 -4 -1
1 -8 5 -6
Net Cash Flow -2 1 0 -1

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 1 1 5 2
Inventory Days 90 101 158 101
Days Payable 3 12 16 18
Cash Conversion Cycle 88 89 146 85
Working Capital Days 88 86 140 81
ROCE % 8% 8% 14%

Shareholding Pattern

Numbers in percentages

8 Recently
Sep 2023Mar 2024
73.68% 74.51%
1.54% 1.49%
24.79% 24.01%
No. of Shareholders 826812

* 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.

Documents