Manoj Vaibhav Gems N Jewellers Ltd
Incorporated in 2003, Manoj Vaibhav Gems 'N' Jewellers Limited also known as Vaibhav Jewellers is a regional jewelry brand with 13 showrooms across South India.[1]
- Market Cap ₹ 1,209 Cr.
- Current Price ₹ 248
- High / Low ₹ 382 / 165
- Stock P/E 16.9
- Book Value ₹ 118
- Dividend Yield 0.00 %
- ROCE 17.4 %
- ROE 23.2 %
- 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 | |
|---|---|---|---|---|
| 1,276 | 1,431 | 1,689 | 2,025 | |
| 1,193 | 1,350 | 1,584 | 1,881 | |
| Operating Profit | 83 | 81 | 106 | 144 |
| OPM % | 7% | 6% | 6% | 7% |
| 5 | -2 | 4 | 4 | |
| Interest | 46 | 43 | 42 | 44 |
| Depreciation | 9 | 9 | 9 | 9 |
| Profit before tax | 33 | 28 | 58 | 96 |
| Tax % | 27% | 25% | 25% | 25% |
| 24 | 21 | 44 | 72 | |
| EPS in Rs | 24.96 | 21.23 | 44.71 | 18.32 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 19% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 39 | 49 |
| Reserves | 198 | 219 | 263 | 305 | 529 |
| 467 | 489 | 503 | 485 | 474 | |
| 143 | 85 | 124 | 248 | 315 | |
| Total Liabilities | 819 | 803 | 900 | 1,078 | 1,368 |
| 121 | 93 | 87 | 83 | 79 | |
| CWIP | 17 | 7 | 3 | 1 | 1 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 681 | 704 | 809 | 994 | 1,288 | |
| Total Assets | 819 | 803 | 900 | 1,078 | 1,368 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 33 | -12 | 9 | 69 | |
| -6 | 11 | 1 | -4 | |
| -37 | 4 | -26 | -59 | |
| Net Cash Flow | -9 | 4 | -15 | 7 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 2 | 5 | 4 | 4 |
| Inventory Days | 212 | 184 | 188 | 193 |
| Days Payable | 34 | 17 | 22 | 8 |
| Cash Conversion Cycle | 181 | 172 | 171 | 190 |
| Working Capital Days | 147 | 151 | 146 | 131 |
| ROCE % | 12% | 13% | 17% |
Documents
Announcements
- Declaration With Respect To Non-Applicability Of SEBI Circulars No. SEBI/HO/DDHS/P/CIR/2021/613 Dated August 10, 2021 And No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 Dated October 19, 2023, Issued With Respect To Fund Raising By Issuance Of Debt Securities By Large Corporate Entities. 25 Apr
- Certificate Under Regulation 40(9) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March 2024. 24 Apr
- Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Financial Year Ended 31St March, 2024. 23 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Apr - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the Fourth quarter ended March 31, 2024
- Closure of Trading Window 29 Mar
Business Profile[1] The company offers gold, silver, and diamond jewelry, precious gemstones, and other jewelry products through retail showrooms and through its website.