Moksh Ornaments Ltd

₹ 13.0 -5.82%
07 Dec - close price
About

Incorporated in 2012, Moksh Ornaments Ltd is in the business of Export and Trading in Gold Jewelry

Key Points

Business Overview:[1]
Company manufactures & wholesales gold jewelries viz. bangles, chains and Mangal sutras. Designing and manufacturing of Jewelries is outsourced on a job-work basis to various artisans in Kolkata and Mumbai. Company's products are majorly sold to various retail outlet brands across India, viz. Nakshatra Jewelry, P.N. Gadgil Jewelers, Neelkanth Jewelers, Ranka Jewelers, etc. and are also exported to UAE. Primary raw material viz. gold is procured from various banks, bullion dealers and others in domestic market

  • Market Cap 69.5 Cr.
  • Current Price 13.0
  • High / Low 61.2 / 10.4
  • Stock P/E 15.0
  • Book Value 8.86
  • Dividend Yield 0.77 %
  • ROCE 12.6 %
  • ROE 12.0 %
  • Face Value 2.00

Pros

  • Company has reduced debt.

Cons

  • The company has delivered a poor sales growth of 6.21% over past five years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -17.5%

* 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

Figures in Rs. Crores

Mar 2018 Jun 2018 Sep 2018 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
89.40 105.65 89.69 1.04 82.73 128.18 124.81 66.88 77.53 100.85 78.75 108.44 107.13
84.29 102.81 87.12 1.66 80.18 126.04 124.05 65.61 74.74 99.11 77.54 106.35 104.99
Operating Profit 5.11 2.84 2.57 -0.62 2.55 2.14 0.76 1.27 2.79 1.74 1.21 2.09 2.14
OPM % 5.72% 2.69% 2.87% -59.62% 3.08% 1.67% 0.61% 1.90% 3.60% 1.73% 1.54% 1.93% 2.00%
-0.00 -0.00 -0.00 2.61 1.78 1.41 1.03 0.44 0.34 0.13 0.08 0.09 0.10
Interest 0.76 0.54 0.71 0.94 1.02 0.98 0.81 0.22 0.31 0.21 0.18 0.40 0.41
Depreciation 0.01 0.01 0.01 0.04 0.04 0.04 0.04 0.03 0.04 0.04 0.04 0.02 0.04
Profit before tax 4.34 2.29 1.85 1.01 3.27 2.53 0.94 1.46 2.78 1.62 1.07 1.76 1.79
Tax % 32.95% 33.19% 32.97% 29.70% 25.08% 25.30% 34.04% 25.34% 25.18% 30.25% 20.56% 25.00% 25.14%
Net Profit 2.91 1.54 1.24 0.71 2.45 1.89 0.62 1.09 2.08 1.12 0.84 1.32 1.34
EPS in Rs 0.54 0.29 0.23 0.13 0.46 0.35 0.12 0.20 0.39 0.21 0.16 0.25 0.25
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 TTM
77 81 111 143 240 310 381 344 337 324 395
76 79 109 140 233 301 372 338 328 317 388
Operating Profit 1 2 2 3 7 8 9 6 9 7 7
OPM % 1% 2% 2% 2% 3% 3% 2% 2% 3% 2% 2%
0 -0 0 0 0 0 1 5 3 1 0
Interest 1 1 2 2 3 3 3 4 4 1 1
Depreciation -0 0 0 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 0 5 6 7 7 8 7 6
Tax % 40% 32% 33% 32% 32% 33% 28% 25% 27% 26%
Net Profit 0 0 0 0 3 4 5 5 6 5 5
EPS in Rs 0.12 0.52 0.18 0.06 1.20 0.73 0.89 1.00 1.05 0.96 0.87
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% 10%
Compounded Sales Growth
10 Years: %
5 Years: 6%
3 Years: -5%
TTM: -1%
Compounded Profit Growth
10 Years: %
5 Years: 11%
3 Years: 2%
TTM: -19%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 39%
1 Year: -69%
Return on Equity
10 Years: %
5 Years: 16%
3 Years: 14%
Last Year: 12%

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 Sep 2022
0 0 2 5 5 11 11 11 11 11 11
Reserves 0 0 1 3 6 15 20 25 30 34 37
13 18 15 13 36 34 50 60 36 4 24
1 2 8 23 5 2 5 8 3 1 1
Total Liabilities 14 20 27 44 52 62 85 103 79 50 72
0 0 2 2 2 2 2 0 0 0 0
CWIP -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Investments -0 -0 -0 -0 -0 -0 -0 -0 0 0 0
14 20 25 42 50 60 83 103 79 49 72
Total Assets 14 20 27 44 52 62 85 103 79 50 72

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
2 3 -8 -8 3 19 -123 28
-2 0 -0 -0 -0 -11 77 -0
-2 -0 10 9 16 7 -221 -33
Net Cash Flow -1 2 1 1 18 15 -267 -5

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
Debtor Days 9 8 11 33 13 12 10 38 48 34
Inventory Days 56 78 75 72 60 53 46 30
Days Payable 3 7 25 55 3 -0 3 4
Cash Conversion Cycle 62 79 61 50 70 65 54 63 48 34
Working Capital Days 60 77 55 76 63 63 53 61 72 52
ROCE % 9% 13% 14% 22% 16% 14% 12% 13% 13%

Shareholding Pattern

Numbers in percentages

1 recently

Shareholding pattern is currently not available for this company.

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