BSE: 0 | NSE: KKJEWELS | Trading |
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Kabra Jewels Ltd is a below average quality company.
The key valuation ratios of Kabra Jewels Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Kabra Jewels Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation Index Colour Code Guide ⓘ
| Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| ROCE % ⓘ | 17.3% | 14.7% | 19.5% | - |
| Value Creation Index ⓘ | 0.2 | 0.1 | 0.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||
| Sales ⓘ | 112 | 122 | 164 | 164 |
| Sales YoY Gr. | - | 9.1% | 34.1% | - |
| Adj EPS ⓘ | 7.3 | 6 | 12.8 | 9 |
| YoY Gr. | - | -18.3% | 112.5% | - |
| BVPS (₹) ⓘ | 23.5 | 29.4 | 42.2 | 74.4 |
| Adj Net Profit ⓘ | 5.4 | 4.4 | 9.4 | 9 |
| Cash Flow from Ops. ⓘ | 2.2 | -12.4 | 15.8 | - |
| Debt/CF from Ops. ⓘ | 21.4 | -5.6 | 5.7 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 34.1% | ||||
| Adj EPS ⓘ | NA | NA | NA | 112.5% | ||||
| BVPSⓘ | NA | NA | NA | 43.4% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| Return on Equity % ⓘ | 31.3 | 22.7 | 35.6 | 15.4 |
| Op. Profit Mgn % ⓘ | 10.5 | 10.2 | 13.3 | NAN |
| Net Profit Mgn % ⓘ | 4.8 | 3.6 | 5.7 | 5.7 |
| Debt to Equity ⓘ | 2.7 | 3.2 | 2.9 | - |
| Working Cap Days ⓘ | 0 | 241 | 251 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 187 | 207 | 0 |
Debt to equity has declined versus last 3 years average to 2.90
Return on Equity has declined versus last 3 years average to 15.40%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 9 | - |
| TTM Sales (₹ Cr.) | 164 | - |
| BVPS (₹.) ⓘ | 74.4 | - |
| Reserves (₹ Cr.) ⓘ | 67 | - |
| P/BV ⓘ | 1.74 | - |
| PE ⓘ | 14.44 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 136 |
| Equity (₹ Cr.) | 10.5 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 54.3 |
| Company Name | CMP(₹) | |||||||
|---|---|---|---|---|---|---|---|---|
| Redington | 224.7 | -9.9 (-4.2%) | Small Cap | 41,228 | 17.8 | 2.6 | 13.1 | 4.2 |
| Adani Enterprises | 2,222 | -19.7 (-0.9%) | Large Cap | 32,012 | 22.1 | 9.1 | 101.3 | 11.5 |
| Amrapali Industries | 15.6 | 0 (0.1%) | Small Cap | 27,301 | 0.1 | 0 | 121.9 | 2.5 |
| Rashi Peripheral | 274.8 | -1.8 (-0.6%) | Small Cap | 10,731 | 28.3 | 1.3 | 9.8 | 1.1 |
| Prithvi Exchange (I) | 149.7 | -4.4 (-2.9%) | Small Cap | 4,160 | 13.7 | 0.3 | 11.3 | 2.5 |
| Remedium Lifecare | 2.3 | 0.1 (4.6%) | Small Cap | 4,042 | -1.2 | 0.4 | - | 1.9 |
| SG Mart | 305.7 | -11.6 (-3.7%) | Small Cap | 2,683 | 9.4 | 2.2 | 33.8 | 3.1 |
| Manoj Vaibhav Gems | 195.7 | -3.6 (-1.8%) | Small Cap | 2,150 | 19.3 | 3.8 | 10.3 | 1.4 |
| Sakuma Exports | 2.8 | -0.1 (-1.7%) | Small Cap | 1,874 | 0.1 | 0.5 | 34.5 | 0.9 |
| Honasa Consumer | 209.5 | -5.1 (-2.4%) | Small Cap | 1,764 | 2.1 | 6.4 | 102.3 | 5.9 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Sales | 112 | 122 | 164 |
| Operating Expenses ⓘ | 100 | 110 | 142 |
| Manufacturing Costs | 0 | 0 | 0 |
| Material Costs | 93 | 100 | 128 |
| Employee Cost | 3 | 4 | 5 |
| Other Costs ⓘ | 4 | 6 | 9 |
| Operating Profit ⓘ | 12 | 12 | 22 |
| Operating Profit Margin (%) | 10.5% | 10.1% | 13.3% |
| Other Income ⓘ | 0 | 0 | 0 |
| Interest ⓘ | 4 | 5 | 8 |
| Depreciation ⓘ | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 7 | 6 | 13 |
| Tax ⓘ | 2 | 2 | 3 |
| Profit After Tax | 5 | 4 | 9 |
| PAT Margin (%) | 4.8% | 3.6% | 5.7% |
| Adjusted EPS (₹) | 7.3 | 6.0 | 12.8 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 17 | 22 | 31 | |||||||
| Share Capital ⓘ | 0 | 0 | 0 | |||||||
| Reserves ⓘ | 17 | 21 | 31 | |||||||
| Minority Interest | 0 | 0 | 0 | |||||||
| Debt | 45 | 69 | 88 | |||||||
| Long Term Debt | 33 | 54 | 50 | |||||||
| Short Term Debt | 13 | 15 | 38 | |||||||
| Trade Payables | 6 | 18 | 10 | |||||||
| Others Liabilities ⓘ | 5 | 5 | 11 | |||||||
| Total Liabilities ⓘ | 74 | 113 | 141 | |||||||
Fixed Assets | ||||||||||
| Gross Block | 10 | 13 | 16 | |||||||
| Accumulated Depreciation | 1 | 2 | 4 | |||||||
| Net Fixed Assetsⓘ | 9 | 11 | 12 | |||||||
| CWIP ⓘ | 0 | 0 | 0 | |||||||
| Investmentsⓘ | 0 | 0 | 0 | |||||||
| Inventories | 53 | 93 | 115 | |||||||
| Trade Receivables | 1 | 3 | 6 | |||||||
| Cash Equivalents | 0 | 1 | 2 | |||||||
| Others Assetsⓘ | 11 | 6 | 5 | |||||||
| Total Assets ⓘ | 74 | 113 | 141 | |||||||
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 2 | -12 | 16 |
| PBT ⓘ | 7 | 6 | 13 |
| Adjustment ⓘ | 4 | 6 | 9 |
| Changes in Working Capital ⓘ | -8 | -23 | -4 |
| Tax Paid ⓘ | -2 | -2 | -2 |
| Cash Flow From Investing Activity ⓘ | -7 | -3 | -2 |
| Capex | -7 | -3 | -3 |
| Net Investments | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 5 | 15 | -12 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 8 | 21 | -4 |
| Interest Paid ⓘ | -4 | -5 | -8 |
| Dividend Paid ⓘ | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 0 | 1 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 31.32 | 22.64 | 35.65 | |||||||
| ROCE (%) | 17.28 | 14.73 | 19.54 | |||||||
| Asset Turnover Ratio | 1.53 | 1.35 | 1.31 | |||||||
| PAT to CFO Conversion(x) | 0.4 | -3 | 1.78 | |||||||
| Working Capital Days | ||||||||||
| Receivable Days | 4 | 6 | 10 | |||||||
| Inventory Days | 170 | 211 | 229 | |||||||
| Payable Days | 24 | 44 | 40 | |||||||
Kabra Jewels Limited was originally incorporated and registered as a private limited company under Companies Act, 1956 in the name and style of Kabra & Malpani Jewels Private Limited vide certificate of incorporation dated July 21, 2010 was issued by the Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Pursuant to a resolution of its Board dated May 10, 2012 and a resolution of its shareholders dated June 07, 2012, the name of the company was changed to ‘Kabra Jewels Private Limited’ and a fresh certificate of incorporation dated June 28, 2012 was issued by Registrar of Companies, Gujarat, Dadra and Nagar Haveli. Pursuant to a resolution of its Board dated April 15, 2024 and a resolution of its shareholders dated May 11, 2024, the company was converted into a public limited company under the Companies Act, and consequently the name of the company was changed to ‘Kabra Jewels Limited’, and a fresh certificate of incorporation dated August 05, 2024 issued by Registrar of Companies, Central Processing Centre.
Th company operates in the retail jewellery sector, offering a diverse range of gold, diamond, and silver ornaments and its other offerings include gold and silver coins, utensils and other artifacts. The company, guided by its Promoters and their team, understands customer preferences and creates designs to meet their needs. Its primary expertise is in designing and it markets its exclusive creations under the brand name ‘KK Jewels’. It has a diverse product portfolio which includes rings, earrings, pendants, bracelets, chains, necklaces, bangles and other wedding jewellery through which it caters a large number of customers.
The company sells its diamond and gold jewellery in the brand name of ‘KK Jewels’ and sells loose solitaire in the brand name of ‘Only Solitaires’. It designs, get it manufactured and sell a wide range of gold, studded and other jewellery products across various price points ranging from jewellery for special occasions, such as weddings, which is its highest-selling product category, to daily-wear jewellery. It engages local artisans to manufacture jewellery (based on its specifications and designs). It works with local artisans to make jewellery based on its designs that match local tastes in the markets it serves. This helps it creates a product mix and store experience in each showroom.
It outsources the work of making ornaments to various artisans with whom it has developed relationships. It offers a large variety of handcrafted jewellery, which are designed by its in-house designers and manufactured in close collaboration with skilled local craftsman. It has a dedicated design team which is focused on developing new products and designs that meet customers’ requirements.
Business area of the company
The company operates in the retail jewellery sector, offering a diverse range of gold, diamond, and silver ornaments and its other offerings include gold and silver coins, utensils and other artifacts.
Products of the company
Awards, accreditations and recognitions
History and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
100% Secure Process
Account Discovery
- OTP from CAMS
Account Linking for Stocks & MF
- One OTP per link Eg. NSDL, CDSL, CAMS, KFin etc.
One Click Upload for your Current Portfolio and Future Transactions!
Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
