Silgo Retail Ltd
Incorporated in 2016, Silgo Retail Ltd is into manufacturing & trading of Silver Jewellery and related business[1]
- Market Cap ₹ 102 Cr.
- Current Price ₹ 55.0
- High / Low ₹ 55.0 / 26.2
- Stock P/E 22.7
- Book Value ₹ 31.6
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 7.96 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.33% over past five years.
- Company has a low return on equity of 7.78% 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
16.47 | 21.67 | 28.41 | 31.89 | 34.85 | 34.07 | 35.03 | 44.37 | |
14.62 | 19.69 | 25.13 | 27.86 | 30.62 | 29.50 | 29.47 | 38.11 | |
Operating Profit | 1.85 | 1.98 | 3.28 | 4.03 | 4.23 | 4.57 | 5.56 | 6.26 |
OPM % | 11.23% | 9.14% | 11.55% | 12.64% | 12.14% | 13.41% | 15.87% | 14.11% |
0.00 | 0.00 | 0.02 | 0.00 | 0.29 | 0.60 | 0.06 | 0.02 | |
Interest | 0.46 | 0.01 | 0.50 | 0.95 | 1.29 | 1.92 | 1.34 | 0.18 |
Depreciation | 0.06 | 0.10 | 0.13 | 0.10 | 0.08 | 0.05 | 0.04 | 0.03 |
Profit before tax | 1.33 | 1.87 | 2.67 | 2.98 | 3.15 | 3.20 | 4.24 | 6.07 |
Tax % | 27.82% | 34.22% | 26.59% | 26.17% | 26.98% | 26.25% | 25.47% | 26.19% |
0.95 | 1.23 | 1.97 | 2.20 | 2.31 | 2.35 | 3.15 | 4.48 | |
EPS in Rs | 0.98 | 1.19 | 1.07 | 1.13 | 1.15 | 1.70 | 2.42 | |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 9% |
3 Years: | 8% |
TTM: | 27% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 25% |
TTM: | 42% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 16% |
3 Years: | 19% |
1 Year: | 44% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 8% |
3 Years: | 8% |
Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0.01 | 5.07 | 6.67 | 10.27 | 10.27 | 10.27 | 18.50 | 18.50 |
Reserves | 1.13 | 4.25 | 11.01 | 15.79 | 18.13 | 20.47 | 35.59 | 39.95 |
2.60 | 0.00 | 8.00 | 17.34 | 19.19 | 18.72 | 6.79 | 0.00 | |
5.29 | 1.30 | 1.27 | 1.76 | 3.60 | 2.66 | 2.45 | 6.01 | |
Total Liabilities | 9.03 | 10.62 | 26.95 | 45.16 | 51.19 | 52.12 | 63.33 | 64.46 |
0.45 | 0.37 | 0.39 | 0.31 | 0.25 | 0.21 | 0.17 | 0.13 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
8.58 | 10.25 | 26.56 | 44.85 | 50.94 | 51.91 | 63.16 | 64.33 | |
Total Assets | 9.03 | 10.62 | 26.95 | 45.16 | 51.19 | 52.12 | 63.33 | 64.46 |
Cash Flows
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
-0.82 | -4.50 | -13.74 | -14.79 | -0.79 | 2.38 | 1.56 | -0.63 | |
-0.49 | -0.02 | 0.07 | -0.01 | 0.01 | -0.01 | 0.00 | 0.00 | |
1.51 | 4.35 | 13.96 | 14.64 | 0.72 | -2.40 | 7.05 | -7.14 | |
Net Cash Flow | 0.19 | -0.17 | 0.29 | -0.16 | -0.06 | -0.03 | 8.61 | -7.77 |
Ratios
Figures in Rs. Crores
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 66.93 | 35.03 | 120.12 | 149.14 | 166.11 | 176.66 | 47.62 | 10.94 |
Inventory Days | 139.05 | 163.27 | 258.93 | 401.91 | 431.47 | 446.23 | 602.64 | 597.73 |
Days Payable | 124.38 | 11.14 | 2.75 | 6.23 | 5.81 | 13.58 | 9.19 | 1.51 |
Cash Conversion Cycle | 81.59 | 187.17 | 376.31 | 544.82 | 591.77 | 609.31 | 641.07 | 607.16 |
Working Capital Days | 65.82 | 147.89 | 321.96 | 492.50 | 495.39 | 528.27 | 543.80 | 473.83 |
ROCE % | 28.79% | 18.00% | 11.38% | 9.76% | 10.55% | 10.11% | 10.48% |
Documents
Announcements
-
Outcome of Board Meeting
21 May 2025 - Silgo Retail reports audited FY25 results; profit ₹447.77L, revenue ₹4437.48L, unmodified audit opinion.
-
Outcome of Board Meeting
21 May 2025 - Silgo Retail approved audited FY25 results showing profit growth; auditors gave unmodified opinion.
-
Outcome of Board Meeting
21 May 2025 - Silgo Retail approved and disclosed audited FY25 financial results with unmodified auditor opinion.
-
Board Meeting Intimation
14 May 2025 - SILGO RETAIL LIMITED has informed about Board Meeting to be held on 21-May-2025 to inter-alia consider and approve the Audited Financial results of the Company …
-
Shareholders meeting
10 May 2025 - EGM voting results: preferential equity issue approved; two independent directors regularized on May 10, 2025.
Business Overview:[1]
Company is in the business of designing, manufacturing, retailing, and wholesale of silver jewellery. The company started dealing in gemstones from FY22. Company offers a wide variety of designs for its products which include rings, earrings, bracelets, necklaces, jhumki, bangles and customized jewellery. SRL's online products are hallmarked jewellery certified by BIS and every jewellery made is cast in 925 sterling silver. Company also offers products for special occasions viz. weddings and festivals to daily wear jewellery for all ages, genders and across various price points