Goldkart Jewels Ltd

Goldkart Jewels Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Goldkart Jewels Ltd

₹ 207 -4.44%
16 Apr - close price
Company website NSE - SME: GOLDKART
About

Incorporated in 2002, Goldkart Jewels Ltd is in the business of Gold and Silver ornaments[1]

Key Points

Business {# Overview:https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/GoldkartJewelsLimited_November%2029_%202024_RR_357409.html #}[1][2]
GWL, a part of the Laxmi Group, operates a jewellery showroom in Ahmedabad, retailing gold, silver, diamond, and platinum jewellery. Its product range includes a wide variety of ornaments such as gold chains, necklaces, bangles, ear studs, nose rings, waist belts, kasu malai, finger rings, and bracelets, catering to both traditional and modern tastes. The company also deals in branded jewellery alongside its in-house offerings.

Raw materials like gold, gemstones, and American diamonds are sourced from key markets in Ahmedabad, Surat, and Mumbai. Raw gold is typically procured from the bullion market and crafted into finished jewellery through in-house manufacturing or third-party job work arrangements.

Website NSE - ST
  • Market Cap ₹ 347 Cr.
  • Current Price ₹ 207
  • High / Low ₹ 221 / 91.7
  • Stock P/E 130
  • Book Value ₹ 23.5
  • Dividend Yield 0.00 %
  • ROCE 7.14 %
  • ROE 3.30 %
  • Face Value ₹ 10.0
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Pros

  • Debtor days have improved from 94.0 to 40.9 days.

Cons

  • Stock is trading at 8.78 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 0.30% over past five years.
  • Company has a low return on equity of 1.88% over last 3 years.

* 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 2019 Mar 2020 Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
50.22 44.13 28.38 34.08 27.55 49.43 27.11 31.29 31.65 36.56 34.50
49.31 43.37 27.59 33.21 26.70 48.61 26.24 30.02 30.49 34.56 31.25
Operating Profit 0.91 0.76 0.79 0.87 0.85 0.82 0.87 1.27 1.16 2.00 3.25
OPM % 1.81% 1.72% 2.78% 2.55% 3.09% 1.66% 3.21% 4.06% 3.67% 5.47% 9.42%
0.00 0.00 0.00 0.00 0.00 0.00 1.41 0.00 0.00 0.00 0.00
Interest 0.67 0.82 0.69 0.72 0.75 0.75 0.83 0.93 0.94 0.84 0.83
Depreciation 0.02 0.02 0.02 0.05 0.01 0.03 0.01 0.02 0.04 0.03 0.06
Profit before tax 0.22 -0.08 0.08 0.10 0.09 0.04 1.44 0.32 0.18 1.13 2.36
Tax % 0.00% 75.00% 25.00% 30.00% 22.22% 50.00% 11.81% 25.00% 22.22% 26.55% 22.03%
0.22 -0.14 0.06 0.07 0.07 0.02 1.27 0.24 0.14 0.83 1.83
EPS in Rs 0.18 -0.08 0.04 0.04 0.04 0.01 0.76 0.14 0.08 0.49 1.09
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
42.89 54.90 54.92 51.26 54.48 59.03 67.18 94.35 62.46 76.98 58.40 68.21 71.06
42.73 53.48 53.62 50.21 53.51 57.41 65.11 92.72 60.86 75.32 56.26 65.04 65.81
Operating Profit 0.16 1.42 1.30 1.05 0.97 1.62 2.07 1.63 1.60 1.66 2.14 3.17 5.25
OPM % 0.37% 2.59% 2.37% 2.05% 1.78% 2.74% 3.08% 1.73% 2.56% 2.16% 3.66% 4.65% 7.39%
0.00 0.00 0.00 0.00 0.00 -0.11 0.00 0.00 0.00 0.00 1.41 0.00 0.00
Interest 0.00 1.25 1.19 0.99 0.84 1.16 1.53 1.45 1.40 1.49 1.76 1.79 1.67
Depreciation 0.02 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.02 0.04 0.03 0.06 0.09
Profit before tax 0.14 0.14 0.08 0.02 0.09 0.31 0.50 0.14 0.18 0.13 1.76 1.32 3.49
Tax % 28.57% 35.71% 25.00% 50.00% 33.33% 41.94% 28.00% 50.00% 27.78% 30.77% 14.20% 26.52%
0.09 0.09 0.05 0.02 0.06 0.19 0.37 0.08 0.13 0.09 1.51 0.97 2.66
EPS in Rs 3.26 1.13 0.63 0.25 0.75 0.26 0.51 0.05 0.08 0.05 0.90 0.58 1.58
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 2%
5 Years: 0%
3 Years: 3%
TTM: 13%
Compounded Profit Growth
10 Years: 27%
5 Years: 21%
3 Years: 95%
TTM: 600%
Stock Price CAGR
10 Years: %
5 Years: 70%
3 Years: 129%
1 Year: 135%
Return on Equity
10 Years: 2%
5 Years: 1%
3 Years: 2%
Last Year: 3%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.28 0.80 0.80 0.80 0.80 7.29 7.29 16.79 16.79 16.79 16.79 16.79 16.79
Reserves 1.27 3.72 3.77 3.78 3.85 2.09 2.55 4.39 4.51 4.60 6.11 19.01 22.72
7.46 8.29 8.73 7.72 7.51 12.78 12.30 11.71 14.23 15.91 14.02 14.45 14.17
0.12 0.22 0.04 0.24 0.05 0.15 0.17 0.21 1.82 5.05 0.28 0.39 0.02
Total Liabilities 9.13 13.03 13.34 12.54 12.21 22.31 22.31 33.10 37.35 42.35 37.20 50.64 53.70
0.19 0.17 0.22 0.18 0.15 0.11 0.08 0.09 0.11 0.11 0.42 0.38 0.32
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.53
Investments 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.99 12.91 14.27
8.84 12.76 13.02 12.26 11.96 22.10 22.13 32.91 37.14 42.14 35.79 37.35 38.58
Total Assets 9.13 13.03 13.34 12.54 12.21 22.31 22.31 33.10 37.35 42.35 37.20 50.64 53.70

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.00 -2.62 0.59 2.06 1.06 -8.68 2.02 -9.23 -1.12 0.15 4.81 1.63
0.00 0.00 -0.07 0.00 0.00 0.00 0.00 -0.05 -0.03 -0.05 -1.23 -0.02
0.00 2.59 -0.67 -1.95 -1.01 8.66 -2.01 9.21 1.11 0.19 -3.65 -1.35
Net Cash Flow 0.00 -0.03 -0.16 0.12 0.06 -0.02 0.01 -0.07 -0.04 0.29 -0.07 0.25

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0.00 15.56 12.10 9.54 0.00 35.86 37.87 70.37 110.51 118.63 122.56 40.94
Inventory Days 69.97 76.49 78.84 80.53 102.30 83.54 56.94 108.29 81.30 103.26 163.53
Days Payable 0.07 0.14 1.47 0.00 0.06 0.00 0.00 10.44 24.31 0.07 0.00
Cash Conversion Cycle 0.00 85.46 88.45 86.91 80.53 138.10 121.41 127.31 208.35 175.63 225.75 204.46
Working Capital Days 72.34 82.17 86.13 84.66 78.45 134.61 117.95 125.61 205.64 174.11 220.06 194.57
ROCE % 1.83% 12.74% 9.73% 7.89% 7.60% 9.21% 9.16% 5.78% 4.62% 4.45% 5.69% 7.14%

Shareholding Pattern

Numbers in percentages

Oct 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025
73.19% 73.19% 73.19% 73.19% 73.19% 73.19% 69.32% 74.14% 74.14% 74.14% 74.14% 74.14%
26.81% 26.80% 26.80% 26.81% 26.81% 26.81% 30.68% 25.86% 25.86% 25.86% 25.86% 25.86%
No. of Shareholders 168474745464958596165106102

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