Manoj Vaibhav Gems N Jewellers Ltd
Incorporated in 2003, Manoj Vaibhav Gems
‘N’ Jewellers Ltd is in the retail business of Jewellery[1]
- Market Cap ₹ 1,188 Cr.
- Current Price ₹ 243
- High / Low ₹ 382 / 165
- Stock P/E 14.2
- Book Value ₹ 126
- Dividend Yield 0.00 %
- ROCE 16.4 %
- ROE 16.8 %
- Face Value ₹ 10.0
Pros
Cons
- 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: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|
1,276 | 1,431 | 1,689 | 2,025 | 2,148 | 2,180 | |
1,193 | 1,350 | 1,584 | 1,881 | 1,997 | 2,030 | |
Operating Profit | 83 | 81 | 106 | 144 | 151 | 150 |
OPM % | 7% | 6% | 6% | 7% | 7% | 7% |
5 | -2 | 4 | 4 | 11 | 14 | |
Interest | 46 | 43 | 42 | 44 | 45 | 44 |
Depreciation | 9 | 9 | 9 | 9 | 8 | 8 |
Profit before tax | 33 | 28 | 58 | 96 | 109 | 112 |
Tax % | 27% | 25% | 25% | 25% | 26% | |
24 | 21 | 44 | 72 | 81 | 83 | |
EPS in Rs | 24.96 | 21.23 | 44.71 | 18.32 | 16.57 | 17.08 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 15% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 41% |
TTM: | 5% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -21% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 19% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Equity Capital | 10 | 10 | 10 | 39 | 49 |
Reserves | 198 | 219 | 263 | 305 | 569 |
467 | 489 | 503 | 485 | 429 | |
143 | 85 | 124 | 248 | 352 | |
Total Liabilities | 819 | 803 | 900 | 1,078 | 1,399 |
121 | 93 | 87 | 83 | 78 | |
CWIP | 17 | 7 | 3 | 1 | 1 |
Investments | 0 | 0 | 0 | 0 | 0 |
681 | 704 | 809 | 994 | 1,321 | |
Total Assets | 819 | 803 | 900 | 1,078 | 1,399 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
33 | -12 | 9 | 69 | 60 | |
-6 | 11 | 1 | -4 | -126 | |
-37 | 4 | -26 | -59 | 94 | |
Net Cash Flow | -9 | 4 | -15 | 7 | 28 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|
Debtor Days | 2 | 5 | 4 | 4 | 5 |
Inventory Days | 212 | 184 | 188 | 193 | 211 |
Days Payable | 34 | 17 | 22 | 8 | 19 |
Cash Conversion Cycle | 181 | 172 | 171 | 190 | 196 |
Working Capital Days | 147 | 151 | 146 | 131 | 134 |
ROCE % | 12% | 13% | 17% | 16% |
Documents
Announcements
-
Board Meeting Intimation for Intimation Of Board Meeting Under Regulation 29 Of SEBI (LODR) Regulations, 2015.
1d - Board meeting to approve Q2 financial results.
-
Opening Of New Jewellery Store At Ananthapuramu, Andhra Pradesh
16 Oct - Opened new Jewellery store in Ananthapuramu, Andhra Pradesh.
-
Intimation Of Opening Of New Jewellery Store On October 16, 2024
15 Oct - Opening of new Vaibhav Jewellers store in Ananthapuramu.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Certificate dated October 5, 2024 issued by M/s Bigshare Services Pvt Ltd.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1 Oct
Business Overview:[1][2]
MVGJL is a hyperlocal jewellery retail chain that is involved in retailing gold, silver, diamond, platinum, and various studded jewellery and operates through 16 showrooms and 2 franchisee stores spread across Andhra Pradesh and Telangana. It follows a hub & spoke model with small-sized showrooms operating peripheral to the larger showrooms. Company sells its products under the brand name Vaibhav Jewellers