Goldkart Jewels Ltd

Goldkart Jewels Ltd

₹ 87.9 0.00%
15 Apr - close price
About

Incorporated in 2002, Sona Hi Sona Jewellers (Gujarat) Ltd manufactures and trades ornaments[1]

Key Points

Business Overview:[1]
Company is into jobwork and trading business of branded gold Jewellery and ornaments. It manufactures and trades in Gold Jewellery, Diamond and Platinum jewels etc, and ornaments like Gold chains, Necklaces, Bangles, Ear Studs, Nose Rings, Waist Belts, Kasu Malai,
Finger Rings, Bracelets and other items.
Company procures raw materials frommarkets of Ahmedabad, Surat, And Mumbai. Raw gold is generally purchased from the bullion market which is then designed and moulded into gold, traditional and modern jewellery. Other raw material like gems stones, American diamonds etc. are purchased from suppliers. The designing and jobwork of its products is done either in house or by third parties on job work basis

  • Market Cap 148 Cr.
  • Current Price 87.9
  • High / Low 88.9 / 28.9
  • Stock P/E 388
  • Book Value 15.7
  • Dividend Yield 0.00 %
  • ROCE 5.69 %
  • ROE 1.40 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 5.61 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -0.21% over past five years.
  • Company has a low return on equity of 0.82% 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
50.22 44.13 28.38 34.08 27.55 49.43 27.11 31.29 31.65
49.31 43.37 27.59 33.21 26.70 48.61 26.24 30.02 30.49
Operating Profit 0.91 0.76 0.79 0.87 0.85 0.82 0.87 1.27 1.16
OPM % 1.81% 1.72% 2.78% 2.55% 3.09% 1.66% 3.21% 4.06% 3.67%
0.00 0.00 0.00 0.00 0.00 0.00 1.41 0.00 0.00
Interest 0.67 0.82 0.69 0.72 0.75 0.75 0.83 0.93 0.94
Depreciation 0.02 0.02 0.02 0.05 0.01 0.03 0.01 0.02 0.04
Profit before tax 0.22 -0.08 0.08 0.10 0.09 0.04 1.44 0.32 0.18
Tax % 0.00% -75.00% 25.00% 30.00% 22.22% 50.00% 11.81% 25.00% 22.22%
0.22 -0.14 0.06 0.07 0.07 0.02 1.27 0.24 0.14
EPS in Rs 0.18 -0.08 0.04 0.04 0.04 0.01 0.76 0.14 0.08
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
35.53 42.89 54.90 54.92 51.26 54.48 59.03 67.18 94.35 62.46 76.98 58.40 62.94
35.40 42.73 53.48 53.62 50.21 53.51 57.41 65.11 92.72 60.86 75.32 56.26 60.51
Operating Profit 0.13 0.16 1.42 1.30 1.05 0.97 1.62 2.07 1.63 1.60 1.66 2.14 2.43
OPM % 0.37% 0.37% 2.59% 2.37% 2.05% 1.78% 2.74% 3.08% 1.73% 2.56% 2.16% 3.66% 3.86%
0.00 0.00 0.00 0.00 0.00 0.00 -0.11 0.00 0.00 0.00 0.00 1.41 0.00
Interest 0.00 0.00 1.25 1.19 0.99 0.84 1.16 1.53 1.45 1.40 1.49 1.76 1.87
Depreciation 0.01 0.02 0.03 0.03 0.04 0.04 0.04 0.04 0.04 0.02 0.04 0.03 0.06
Profit before tax 0.12 0.14 0.14 0.08 0.02 0.09 0.31 0.50 0.14 0.18 0.13 1.76 0.50
Tax % 25.00% 28.57% 35.71% 25.00% 50.00% 33.33% 41.94% 28.00% 50.00% 27.78% 30.77% 14.20%
0.08 0.09 0.09 0.05 0.02 0.06 0.19 0.37 0.08 0.13 0.09 1.51 0.38
EPS in Rs 2.90 3.26 1.13 0.63 0.25 0.75 0.26 0.51 0.05 0.08 0.05 0.90 0.22
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: 3%
5 Years: 0%
3 Years: -15%
TTM: -18%
Compounded Profit Growth
10 Years: 13%
5 Years: 4%
3 Years: 57%
TTM: -71%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 94%
1 Year: 204%
Return on Equity
10 Years: 1%
5 Years: 1%
3 Years: 1%
Last Year: 1%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.28 0.28 0.80 0.80 0.80 0.80 7.29 7.29 16.79 16.79 16.79 16.79 16.79
Reserves 1.17 1.27 3.72 3.77 3.78 3.85 2.09 2.55 4.39 4.51 4.60 6.11 9.53
4.86 7.46 8.29 8.73 7.72 7.51 12.78 12.30 11.71 14.23 15.91 14.02 14.72
0.28 0.12 0.22 0.04 0.24 0.05 0.15 0.17 0.21 1.82 5.05 0.28 0.56
Total Liabilities 6.59 9.13 13.03 13.34 12.54 12.21 22.31 22.31 33.10 37.35 42.35 37.20 41.60
0.15 0.19 0.17 0.22 0.18 0.15 0.11 0.08 0.09 0.11 0.11 0.42 0.41
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 0.00
Investments 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.10 0.99 4.26
6.34 8.84 12.76 13.02 12.26 11.96 22.10 22.13 32.91 37.14 42.14 35.79 36.93
Total Assets 6.59 9.13 13.03 13.34 12.54 12.21 22.31 22.31 33.10 37.35 42.35 37.20 41.60

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.00 0.00 -2.62 0.59 2.06 1.06 -8.68 2.02 -9.23 -1.12 0.15 4.81
0.00 0.00 0.00 -0.07 0.00 0.00 0.00 0.00 -0.05 -0.03 -0.05 -1.23
0.00 0.00 2.59 -0.67 -1.95 -1.01 8.66 -2.01 9.21 1.11 0.19 -3.65
Net Cash Flow 0.00 0.00 -0.03 -0.16 0.12 0.06 -0.02 0.01 -0.07 -0.04 0.29 -0.07

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 0.00 0.00 15.56 12.10 9.54 0.00 35.86 37.87 70.37 110.51 118.63 122.56
Inventory Days 69.97 76.49 78.84 80.53 102.30 83.54 56.94 108.29 81.30 103.26
Days Payable 0.07 0.14 1.47 0.00 0.06 0.00 0.00 10.44 24.31 0.07
Cash Conversion Cycle 0.00 0.00 85.46 88.45 86.91 80.53 138.10 121.41 127.31 208.35 175.63 225.75
Working Capital Days 56.91 72.34 82.17 86.13 84.66 78.45 134.61 117.95 125.61 205.64 174.11 220.06
ROCE % 1.91% 1.83% 12.74% 9.73% 7.89% 7.60% 9.21% 9.16% 5.78% 4.62% 4.45% 5.69%

Shareholding Pattern

Numbers in percentages

Oct 2019Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Sep 2022Mar 2023Sep 2023Mar 2024
73.19% 73.19% 73.19% 73.19% 73.19% 73.19% 69.32% 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%
No. of Shareholders 168474745464958596165

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