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 ₹ 2,341 Cr.
- Current Price ₹ 50.3
- High / Low ₹ 66.6 / 23.3
- Stock P/E
- Book Value ₹ 69.2
- Dividend Yield 0.00 %
- ROCE 3.49 %
- ROE -9.13 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.73 times its book value
- Debtor days have improved from 100 to 50.1 days.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -24.3% over past five years.
- Company has a low return on equity of -5.60% 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: 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,038 | 3,990 | 5,325 | 6,349 | 7,232 | 8,099 | 9,486 | 8,369 | 4,939 | 2,668 | 1,573 | 2,358 | 314 | |
2,707 | 3,507 | 4,726 | 5,619 | 6,473 | 7,338 | 8,473 | 8,085 | 4,484 | 2,265 | 1,672 | 2,226 | 610 | |
Operating Profit | 331 | 482 | 599 | 730 | 759 | 761 | 1,012 | 284 | 455 | 403 | -99 | 132 | -296 |
OPM % | 11% | 12% | 11% | 12% | 10% | 9% | 11% | 3% | 9% | 15% | -6% | 6% | -94% |
17 | 20 | 36 | 59 | 51 | 109 | 100 | 85 | 77 | 31 | 60 | 148 | 33 | |
Interest | 77 | 127 | 153 | 227 | 251 | 282 | 321 | 349 | 374 | 396 | 442 | 499 | 498 |
Depreciation | 7 | 10 | 12 | 23 | 23 | 22 | 20 | 17 | 35 | 33 | 26 | 26 | 22 |
Profit before tax | 265 | 365 | 469 | 539 | 536 | 566 | 770 | 3 | 124 | 4 | -508 | -245 | -783 |
Tax % | 13% | 20% | 24% | 30% | 26% | 24% | 26% | 202% | 36% | -1,280% | 23% | -38% | |
231 | 291 | 356 | 378 | 399 | 431 | 567 | -3 | 78 | 61 | -390 | -339 | -933 | |
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 | -7.29 | -20.05 |
Dividend Payout % | 0% | 6% | 15% | 15% | 15% | 4% | 3% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -5% |
5 Years: | -24% |
3 Years: | -22% |
TTM: | -87% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -747% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | -17% |
3 Years: | 28% |
1 Year: | 99% |
Return on Equity | |
---|---|
10 Years: | 5% |
5 Years: | -3% |
3 Years: | -6% |
Last Year: | -9% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 134 | 179 | 179 | 179 | 179 | 179 | 394 | 395 | 395 | 465 | 465 | 465 | 465 |
Reserves | 422 | 1,210 | 1,503 | 1,811 | 2,231 | 3,188 | 3,531 | 3,542 | 3,607 | 3,810 | 3,418 | 3,080 | 2,755 |
Preference Capital | 0 | 0 | 0 | 0 | 0 | 0 | 13 | 0 | 0 | 0 | 0 | 0 | |
578 | 233 | 1,004 | 682 | 970 | 803 | 1,102 | 2,121 | 2,426 | 2,414 | 3,391 | 3,736 | 3,910 | |
964 | 1,813 | 1,546 | 2,039 | 2,356 | 3,048 | 3,933 | 1,607 | 1,454 | 1,174 | 263 | 209 | 192 | |
Total Liabilities | 2,098 | 3,435 | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,490 | 7,323 |
57 | 63 | 84 | 90 | 90 | 84 | 77 | 59 | 151 | 126 | 107 | 104 | 69 | |
CWIP | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 |
Investments | 0 | 443 | 185 | 13 | 8 | 143 | 153 | 144 | 144 | 144 | 136 | 136 | 136 |
2,040 | 2,928 | 3,963 | 4,609 | 5,639 | 6,990 | 8,731 | 7,461 | 7,586 | 7,593 | 7,294 | 7,250 | 7,117 | |
Total Assets | 2,098 | 3,435 | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,490 | 7,323 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-337 | 520 | -786 | 334 | 70 | 827 | 334 | -1,837 | 60 | 97 | -727 | 96 | |
-38 | -583 | 246 | 213 | -86 | -645 | -350 | 886 | 41 | 98 | 118 | 38 | |
367 | 132 | 571 | -566 | 17 | 101 | 23 | 651 | -169 | -155 | 575 | -115 | |
Net Cash Flow | -8 | 69 | 31 | -19 | 1 | 283 | 7 | -300 | -68 | 40 | -34 | 19 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 82 | 62 | 43 | 44 | 46 | 57 | 68 | 77 | 132 | 179 | 72 | 50 |
Inventory Days | 170 | 186 | 194 | 219 | 227 | 213 | 231 | 234 | 447 | 989 | 1,461 | 1,031 |
Days Payable | 124 | 176 | 105 | 123 | 127 | 145 | 160 | 59 | 92 | 157 | 4 | 3 |
Cash Conversion Cycle | 129 | 71 | 132 | 140 | 146 | 125 | 140 | 252 | 487 | 1,010 | 1,528 | 1,077 |
Working Capital Days | 112 | 69 | 137 | 126 | 140 | 114 | 119 | 233 | 423 | 825 | 1,311 | 898 |
ROCE % | 43% | 36% | 29% | 28% | 26% | 22% | 24% | 6% | 8% | 6% | -1% | 3% |
Documents
Announcements
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Compliance Certificate Under Regulation 40(10)
23 Apr - Compliance Certificate under Regulation 40(10) of the SEBI (LODR) Regulations, 2015 for the year ended March 31, 2024
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Announcement under Regulation 30 (LODR)-Newspaper Publication
19 Apr - Newspaper publications regarding Notice of the Extra-Ordinary General Meeting and Remote e-Voting Information
- Notice Of The Extra-Ordinary General Meeting 18 Apr
- Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Apr
- Outcome of Board Meeting 16 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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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]