Goenka Diamond & Jewels Ltd

₹ 1.70 1.80%
07 Dec - close price
About

Incorporated in 1990, Goenka Diamonds and Jewels Ltd is in the business of trading and manufacturing of diamond and gold jewelry

Key Points

Business Overview:[1][2]
Company deals in cutting and polishing of diamonds and manufacturing and retailing of diamond/ jewelry. It has a processing unit in Surat (SEZ) and a manufacturing facility at Mumbai. Company sources rough diamonds from suppliers in Hong Kong, USA, Russia and local Indian market and supplies polished diamonds primarily to wholesalers, jewelry manufacturers, traders and retailers based in India and other countries such as Hong Kong, South East Asia and USA.

  • Market Cap 53.9 Cr.
  • Current Price 1.70
  • High / Low 4.40 / 1.35
  • Stock P/E
  • Book Value 7.56
  • Dividend Yield 0.00 %
  • ROCE -0.51 %
  • ROE -1.13 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.22 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 6.63% over past five years.
  • Company has a low return on equity of -1.99% over last 3 years.
  • Contingent liabilities of Rs.67.9 Cr.
  • Company might be capitalizing the interest cost
  • Company has high debtors of 64,886 days.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
5.88 4.02 1.51 0.00 2.22 0.92 0.36 3.28 0.98 0.00 0.00 0.52 0.43
6.66 3.91 2.77 1.07 2.63 8.28 0.74 3.39 1.30 0.48 0.82 0.71 0.47
Operating Profit -0.78 0.11 -1.26 -1.07 -0.41 -7.36 -0.38 -0.11 -0.32 -0.48 -0.82 -0.19 -0.04
OPM % -13.27% 2.74% -83.44% -18.47% -800.00% -105.56% -3.35% -32.65% -36.54% -9.30%
0.18 0.23 0.20 0.61 0.12 7.01 0.55 0.03 -0.01 0.00 0.00 0.15 0.00
Interest 0.14 0.14 0.14 0.14 0.14 0.16 0.12 0.14 0.14 0.14 0.14 0.17 0.14
Depreciation 0.11 0.11 0.12 0.13 0.09 0.09 0.10 0.10 0.11 0.12 0.12 0.11 0.11
Profit before tax -0.85 0.09 -1.32 -0.73 -0.52 -0.60 -0.05 -0.32 -0.58 -0.74 -1.08 -0.32 -0.29
Tax % -2.35% 22.22% -0.76% -2.74% -1.92% -3.33% -260.00% -3.12% -1.72% 0.00% 0.00% 0.00% 0.00%
Net Profit -0.87 0.07 -1.32 -0.74 -0.53 -0.62 -0.18 -0.33 -0.59 -0.75 -1.08 -0.33 -0.30
EPS in Rs -0.03 0.00 -0.04 -0.02 -0.02 -0.02 -0.01 -0.01 -0.02 -0.02 -0.03 -0.01 -0.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
560.99 571.93 842.49 396.39 102.53 91.60 3.09 7.72 6.59 12.80 3.50 4.26 0.95
511.49 564.93 798.46 388.50 94.40 122.95 14.86 18.41 10.50 14.95 12.71 6.00 2.48
Operating Profit 49.50 7.00 44.03 7.89 8.13 -31.35 -11.77 -10.69 -3.91 -2.15 -9.21 -1.74 -1.53
OPM % 8.82% 1.22% 5.23% 1.99% 7.93% -34.22% -380.91% -138.47% -59.33% -16.80% -263.14% -40.85% -161.05%
4.01 27.53 15.76 8.57 11.24 0.76 1.66 0.59 0.64 0.78 8.29 0.01 0.15
Interest 8.51 8.86 10.15 12.45 17.45 22.96 0.78 0.59 0.60 0.58 0.56 0.55 0.59
Depreciation 1.30 1.31 1.21 1.01 1.16 0.63 0.75 0.64 0.51 0.46 0.42 0.45 0.46
Profit before tax 43.70 24.36 48.43 3.00 0.76 -54.18 -11.64 -11.33 -4.38 -2.41 -1.90 -2.73 -2.43
Tax % 1.05% 11.82% 1.80% -0.67% 14.47% -1.09% -32.22% 0.35% -2.97% -2.07% -9.47% -0.73%
Net Profit 43.24 21.48 47.56 3.02 0.64 -54.78 -15.38 -11.29 -4.52 -2.46 -2.07 -2.74 -2.46
EPS in Rs 1.36 0.67 1.50 0.10 0.02 -1.73 -0.49 -0.36 -0.14 -0.08 -0.07 -0.09 -0.07
Dividend Payout % 7.33% 14.82% 6.67% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -39%
5 Years: 7%
3 Years: -14%
TTM: -83%
Compounded Profit Growth
10 Years: %
5 Years: 13%
3 Years: 12%
TTM: -263%
Stock Price CAGR
10 Years: -25%
5 Years: 53%
3 Years: 78%
1 Year: 17%
Return on Equity
10 Years: -2%
5 Years: -2%
3 Years: -2%
Last Year: -1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
31.70 31.70 31.70 31.70 31.70 31.70 31.70 31.70 31.70 31.70 31.70 31.70 31.70
Reserves 233.70 251.45 295.32 301.22 302.37 248.21 231.97 220.64 216.62 214.40 212.12 209.52 208.06
75.68 117.07 144.61 159.34 161.59 175.40 184.15 184.12 184.12 184.13 182.50 180.88 181.59
148.16 160.61 209.51 280.15 328.59 381.56 368.39 364.10 372.67 373.22 367.04 369.15 374.09
Total Liabilities 489.24 560.83 681.14 772.41 824.25 836.87 816.21 800.56 805.11 803.45 793.36 791.25 795.44
7.65 7.65 13.41 11.80 10.64 10.01 9.26 8.62 8.11 7.66 7.25 7.09 6.86
CWIP 5.84 6.68 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 13.22 5.36 4.90 4.90 4.90 4.29 4.29 4.29 4.29 0.00 0.00 0.00
475.75 533.28 662.37 755.71 808.71 821.96 802.66 787.65 792.71 791.50 786.11 784.16 788.58
Total Assets 489.24 560.83 681.14 772.41 824.25 836.87 816.21 800.56 805.11 803.45 793.36 791.25 795.44

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-92.04 -42.13 -18.63 -13.41 14.57 11.56 -0.92 -0.58 -0.55 -0.23 -1.59 2.70
-29.70 11.86 9.59 2.20 0.79 0.74 0.64 0.60 0.59 0.59 0.00 -0.29
121.12 33.80 13.39 0.45 -16.37 -12.29 -0.08 0.00 0.00 0.01 1.48 -1.62
Net Cash Flow -0.62 3.53 4.35 -10.76 -1.02 0.02 -0.37 0.01 0.04 0.37 -0.10 0.80

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 194.05 233.60 204.90 591.91 2,532.75 2,993.92 88,554.43 35,417.29 41,945.09 21,581.77 78,770.13 64,886.03
Inventory Days 102.04 95.55 75.76 96.88 351.53 245.29 1,562.69 875.90 1,404.96 598.54 1,052.30 828.06
Days Payable 105.21 95.12 92.85 261.40 1,274.36 1,410.93 11,018.05 8,628.10 15,823.56 10,470.12 24,689.15 28,015.50
Cash Conversion Cycle 190.88 234.03 187.82 427.38 1,609.92 1,828.28 79,099.08 27,665.10 27,526.49 11,710.19 55,133.28 37,698.59
Working Capital Days 191.46 230.52 188.05 430.78 1,683.96 1,215.50 29,677.22 11,367.48 13,075.75 6,654.98 43,626.89 35,431.56
ROCE % 19.07% 8.96% 13.44% 3.07% 3.69% -6.57% -2.40% -2.43% -0.87% -0.42% -2.07% -0.51%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
57.55 57.55 57.55 57.55 57.55 57.55 57.55 57.55 57.55 57.55 57.55 57.55
4.12 4.08 4.08 4.07 4.07 4.07 4.07 4.07 4.07 4.07 4.00 3.47
38.33 38.37 38.37 38.38 38.38 38.38 38.38 38.38 38.38 38.38 38.45 38.99

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

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

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