PC Jeweller Ltd
PC Jeweller is engaged in the business of manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The Company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai based firms. [1] The company has a team of in-house designers.
- Market Cap ₹ 2,602 Cr.
- Current Price ₹ 55.9
- High / Low ₹ 106 / 18.6
- Stock P/E
- Book Value ₹ 86.3
- Dividend Yield 0.00 %
- ROCE -0.94 %
- ROE -9.55 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.65 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -28.0% over past five years.
- Company has a low return on equity of -2.06% over last 3 years.
- Earnings include an other income of Rs.170 Cr.
- Company has high debtors of 312 days.
- Working capital days have increased from 933 days to 1,552 days
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,976 | 3,038 | 3,990 | 5,325 | 6,349 | 7,232 | 8,099 | 9,486 | 8,369 | 4,939 | 2,668 | 1,573 | 2,126 | |
1,777 | 2,707 | 3,507 | 4,726 | 5,619 | 6,473 | 7,338 | 8,473 | 8,085 | 4,484 | 2,265 | 1,672 | 2,080 | |
Operating Profit | 199 | 331 | 482 | 599 | 730 | 759 | 761 | 1,012 | 284 | 455 | 403 | -99 | 47 |
OPM % | 10% | 11% | 12% | 11% | 12% | 10% | 9% | 11% | 3% | 9% | 15% | -6% | 2% |
17 | 17 | 20 | 36 | 59 | 51 | 109 | 100 | 85 | 77 | 31 | 60 | 170 | |
Interest | 50 | 77 | 127 | 153 | 227 | 251 | 282 | 321 | 349 | 374 | 396 | 442 | 481 |
Depreciation | 3 | 7 | 10 | 12 | 23 | 23 | 22 | 20 | 17 | 35 | 33 | 26 | 25 |
Profit before tax | 163 | 265 | 365 | 469 | 539 | 536 | 566 | 770 | 3 | 124 | 4 | -508 | -290 |
Tax % | 11% | 13% | 20% | 24% | 30% | 26% | 24% | 26% | 202% | 36% | -1,280% | 23% | |
Net Profit | 145 | 231 | 291 | 356 | 378 | 399 | 431 | 567 | -3 | 78 | 61 | -390 | -122 |
EPS in Rs | 8.63 | 8.11 | 9.95 | 10.56 | 11.15 | 12.02 | 14.39 | -0.07 | 1.99 | 1.31 | -8.37 | -2.62 | |
Dividend Payout % | 0% | 0% | 6% | 15% | 15% | 15% | 4% | 3% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -6% |
5 Years: | -28% |
3 Years: | -43% |
TTM: | -30% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -331% |
Stock Price CAGR | |
---|---|
10 Years: | -3% |
5 Years: | -37% |
3 Years: | 35% |
1 Year: | 118% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 1% |
3 Years: | -2% |
Last Year: | -10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
45 | 134 | 179 | 179 | 179 | 179 | 179 | 408 | 395 | 395 | 465 | 465 | 465 | |
Reserves | 281 | 422 | 1,210 | 1,503 | 1,811 | 2,231 | 2,596 | 3,531 | 3,542 | 3,607 | 3,810 | 3,418 | 3,551 |
140 | 578 | 233 | 1,004 | 682 | 970 | 803 | 1,102 | 2,121 | 2,426 | 2,414 | 3,391 | 3,583 | |
614 | 964 | 1,813 | 1,546 | 2,039 | 2,356 | 3,639 | 3,933 | 1,607 | 1,454 | 1,174 | 263 | 241 | |
Total Liabilities | 1,079 | 2,098 | 3,435 | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,841 |
33 | 57 | 63 | 84 | 90 | 90 | 84 | 77 | 59 | 151 | 126 | 107 | 112 | |
CWIP | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
Investments | 0 | 0 | 443 | 185 | 13 | 8 | 143 | 153 | 144 | 144 | 144 | 136 | 136 |
1,046 | 2,040 | 2,928 | 3,963 | 4,609 | 5,639 | 6,990 | 8,731 | 7,461 | 7,586 | 7,593 | 7,294 | 7,592 | |
Total Assets | 1,079 | 2,098 | 3,435 | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,841 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-29 | -337 | 520 | -786 | 334 | 70 | 827 | 334 | -1,837 | 60 | 97 | -727 | |
-12 | -38 | -583 | 246 | 213 | -86 | -645 | -350 | 886 | 41 | 98 | 118 | |
19 | 367 | 132 | 571 | -566 | 17 | 101 | 23 | 651 | -169 | -155 | 575 | |
Net Cash Flow | -22 | -8 | 69 | 31 | -19 | 1 | 283 | 7 | -300 | -68 | 40 | -34 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 78 | 82 | 62 | 43 | 44 | 46 | 57 | 68 | 77 | 132 | 179 | 312 |
Inventory Days | 117 | 170 | 186 | 194 | 219 | 227 | 213 | 231 | 234 | 447 | 989 | 1,461 |
Days Payable | 125 | 124 | 176 | 105 | 123 | 127 | 145 | 160 | 59 | 92 | 157 | 4 |
Cash Conversion Cycle | 70 | 129 | 71 | 132 | 140 | 146 | 125 | 140 | 252 | 487 | 1,010 | 1,769 |
Working Capital Days | 72 | 112 | 69 | 137 | 126 | 140 | 114 | 119 | 233 | 423 | 825 | 1,552 |
ROCE % | 61% | 43% | 36% | 29% | 28% | 26% | 24% | 25% | 6% | 8% | 6% | -1% |
Documents
Announcements
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Business Update For The Quarter Ended December 31, 2022
10 Jan - Quarter, the Company recorded domestic turnover of Rs.829.10 crore as compared to the turnover of Rs.600.18 crore in the corresponding quarter of the previous year, …
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - Certificates under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended December 31, 2022 as received from KFin Technologies Limited, …
- Closure of Trading Window 29 Dec
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Corrigendum To ''Intimation Of Opening Of New Showroom''
7 Dec 2022 - Due to typographical error the date of opening of new showroom was inadvertently mentioned as December 9, 2012 instead of December 9, 2022. Therefore, the …
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Intimation Of Opening Of New Showroom
7 Dec 2022 - Company is pleased to inform about the opening of it's new showroom at Katihar (Bihar) on December 9, 2012.
Annual reports
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Financial Year 2022
from bse
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
from bse
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from bse
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Financial Year 2013
from nse
Brands
PC Jeweller owns jewellery sub-brands: Azva, Swarn Dharohar, LoveGold, Inayat and Mirosa and has launched many new jewellery designs under its sub-brands and Lal Quila collection. During FY20, the Company for the first time in India launched silver and gold medallions to commemorate ICC Cricket World Cup 2019. [1]