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 ₹ 9,407 Cr.
- Current Price ₹ 174
- High / Low ₹ 187 / 32.2
- Stock P/E 614
- Book Value ₹ 73.7
- Dividend Yield 0.00 %
- ROCE -1.74 %
- ROE -19.0 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -7.14%
- The company has delivered a poor sales growth of -41.3% over past five years.
- Company has a low return on equity of -10.9% over last 3 years.
- Earnings include an other income of Rs.96.7 Cr.
- Debtor days have increased from 79.5 to 110 days.
- Working capital days have increased from 1,879 days to 3,434 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,990 | 5,325 | 6,361 | 7,301 | 8,464 | 9,610 | 8,672 | 5,206 | 2,825 | 1,605 | 2,472 | 604 | 995 | |
3,507 | 4,726 | 5,631 | 6,543 | 7,699 | 8,620 | 8,374 | 4,749 | 2,410 | 1,696 | 2,216 | 774 | 932 | |
Operating Profit | 482 | 599 | 730 | 758 | 765 | 990 | 298 | 457 | 415 | -91 | 256 | -170 | 63 |
OPM % | 12% | 11% | 11% | 10% | 9% | 10% | 3% | 9% | 15% | -6% | 10% | -28% | 6% |
20 | 36 | 59 | 50 | 97 | 92 | 77 | 80 | 24 | 53 | 163 | 64 | 97 | |
Interest | 127 | 153 | 227 | 251 | 286 | 324 | 354 | 374 | 396 | 442 | 499 | 505 | 259 |
Depreciation | 10 | 12 | 23 | 23 | 22 | 21 | 19 | 37 | 35 | 28 | 27 | 20 | 17 |
Profit before tax | 365 | 469 | 540 | 534 | 554 | 737 | 2 | 125 | 8 | -508 | -108 | -632 | -117 |
Tax % | 20% | 24% | 30% | 25% | 24% | 27% | 70% | 34% | -694% | -23% | 88% | -0% | |
291 | 356 | 378 | 398 | 421 | 536 | 1 | 83 | 62 | -391 | -203 | -629 | 15 | |
EPS in Rs | 8.12 | 9.95 | 10.56 | 11.12 | 11.75 | 13.58 | 0.02 | 2.10 | 1.33 | -8.40 | -4.37 | -13.52 | 0.33 |
Dividend Payout % | 6% | 15% | 15% | 15% | 4% | 4% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -20% |
5 Years: | -41% |
3 Years: | -40% |
TTM: | -36% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 102% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 46% |
3 Years: | 87% |
1 Year: | 421% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | -6% |
3 Years: | -11% |
Last Year: | -19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 179 | 179 | 179 | 179 | 179 | 394 | 395 | 395 | 465 | 465 | 465 | 465 | 465 |
Reserves | 1,210 | 1,503 | 1,811 | 2,230 | 3,173 | 3,487 | 3,526 | 3,608 | 3,804 | 3,423 | 3,225 | 2,466 | 2,963 |
233 | 1,004 | 682 | 970 | 803 | 1,116 | 2,121 | 2,429 | 2,414 | 3,391 | 3,736 | 4,150 | 4,010 | |
1,813 | 1,546 | 2,052 | 2,371 | 3,242 | 3,987 | 1,608 | 1,465 | 1,214 | 266 | 209 | 188 | 81 | |
Total Liabilities | 3,435 | 4,233 | 4,724 | 5,751 | 7,397 | 8,984 | 7,649 | 7,897 | 7,898 | 7,545 | 7,636 | 7,269 | 7,519 |
63 | 84 | 90 | 91 | 88 | 93 | 74 | 169 | 139 | 121 | 115 | 71 | 67 | |
CWIP | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 1 | 0 | 0 | 1 | 0 | 0 |
Investments | 443 | 185 | 13 | 8 | 9 | 19 | 8 | 8 | 15 | 3 | 2 | 3 | 2 |
2,929 | 3,963 | 4,621 | 5,652 | 7,299 | 8,872 | 7,566 | 7,720 | 7,744 | 7,421 | 7,518 | 7,196 | 7,450 | |
Total Assets | 3,435 | 4,233 | 4,724 | 5,751 | 7,397 | 8,984 | 7,649 | 7,897 | 7,898 | 7,545 | 7,636 | 7,269 | 7,519 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
520 | -786 | 333 | 16 | 794 | 358 | -1,931 | 76 | 91 | -719 | 100 | 64 | |
-592 | 246 | 213 | -25 | -530 | -378 | 978 | 38 | 94 | 115 | 30 | 7 | |
141 | 571 | -565 | 16 | 47 | -4 | 652 | -170 | -156 | 570 | -111 | -108 | |
Net Cash Flow | 68 | 31 | -19 | 7 | 312 | -24 | -302 | -57 | 30 | -34 | 19 | -37 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62 | 43 | 45 | 49 | 66 | 70 | 84 | 132 | 185 | 65 | 63 | 110 |
Inventory Days | 186 | 194 | 219 | 225 | 206 | 232 | 227 | 434 | 954 | 1,465 | 1,012 | 3,044 |
Days Payable | 176 | 105 | 123 | 126 | 147 | 160 | 57 | 87 | 150 | 4 | 3 | 7 |
Cash Conversion Cycle | 71 | 132 | 140 | 147 | 125 | 142 | 253 | 479 | 988 | 1,526 | 1,072 | 3,147 |
Working Capital Days | 69 | 136 | 126 | 142 | 114 | 121 | 234 | 417 | 808 | 1,307 | 896 | 3,434 |
ROCE % | 36% | 29% | 28% | 26% | 22% | 23% | 7% | 8% | 6% | -1% | 5% | -2% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 5h
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Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
1d - Postal ballot notice for preferential allotment and director re-appointment.
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Announcement under Regulation 30 (LODR)-Preferential Issue
2d - Issuance of 5.17 crore shares for debt settlement.
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Board Meeting Outcome for Outcome Of The Board Meeting Held On 11/12/2024
2d - Approval for issuance of equity shares and director re-appointment.
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Announcement under Regulation 30 (LODR)-Change in Directorate
2d - Approval for issuance of equity shares and director re-appointment.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
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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
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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
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Financial Year 2013
from nse
Business Overview
The company is involved in the trading, manufacturing, and sale of gold, diamonds, precious stones, gold and diamond-studded jewelry, and silver articles. It has launched various jewelry collections, including Anant, Dashavatar, Bandhan, Amour, and the Wedding Collection. [1]