Silgo Retail Ltd
₹ 54.1
-2.03%
01 Aug
- close price
About
Incorporated in 2016, Silgo Retail Ltd is into manufacturing & trading of Silver Jewellery and related business[1]
Key Points
- Market Cap ₹ 126 Cr.
- Current Price ₹ 54.1
- High / Low ₹ 60.9 / 26.2
- Stock P/E 28.2
- 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
- Promoter holding has decreased over last quarter: -14.6%
- 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.
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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: | 15% |
3 Years: | 28% |
1 Year: | 46% |
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 | 8.20 | 147.89 | 219.18 | 304.57 | 336.72 | 359.43 | 473.05 | 473.83 |
ROCE % | 28.79% | 18.00% | 11.38% | 9.76% | 10.55% | 10.11% | 10.48% |
Documents
Announcements
-
Shareholders meeting
31 July 2025 - AGM on Aug 20, 2025: capital raise Rs.113.88 Cr via preferential shares/warrants; renewable energy business added.
-
Copy of Newspaper Publication
29 July 2025 - Silgo Retail dispatched 10th AGM notice and e-voting info, published in newspapers as per SEBI norms.
-
Revised Record date
28 July 2025 - 10th AGM on Aug 20, 2025; book closure Aug 14-20 for shareholder records and e-voting.
-
Copy of Newspaper Publication
24 July 2025 - Silgo Retail announces 10th AGM on Aug 20, 2025 via video conferencing; email registration info provided.
-
Amendment to AOA/MOA
22 July 2025 - Approved Rs.113.87 Cr preferential equity and warrants issue; increased authorized capital to Rs.45 Cr; MOA amended for renewable energy.
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