BSE: 543518 | NSE: | Diamond & Jewellery | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Eighty Jewellers Ltd is a average quality company.
The key valuation ratios of Eighty Jewellers Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Eighty Jewellers 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.
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 17.2% | 20.1% | 31.4% | 21.4% | 11.9% | 8.6% | - |
| Value Creation Index ⓘ | 0.2 | 0.4 | 1.2 | 0.5 | -0.2 | -0.4 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||
| Sales ⓘ | 81.6 | 64.5 | 78.3 | 116 | 93.9 | 81 | 81 |
| Sales YoY Gr. | - | -20.9% | 21.4% | 48.5% | -19.3% | -13.8% | - |
| Adj EPS ⓘ | 1.4 | 2.1 | 5.1 | 2.7 | 1.3 | 1.4 | 1.4 |
| YoY Gr. | - | 51.1% | 145.4% | -46.3% | -51.3% | 3% | - |
| BVPS (₹) ⓘ | 0 | 0 | 12.4 | 15.2 | 23.4 | 24.8 | 24.8 |
| Adj Net Profit ⓘ | 1 | 1.6 | 3.8 | 2.1 | 1.4 | 1.4 | 1 |
| Cash Flow from Ops. ⓘ | 1.9 | -1.6 | 2.3 | 0.5 | -9.7 | 1.6 | - |
| Debt/CF from Ops. ⓘ | 6.5 | -10 | 4.8 | 12.5 | -1 | 4.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | -0.2% | 1.1% | -13.8% | ||||
| Adj EPS ⓘ | NA | 0% | -35.4% | 3% | ||||
| BVPSⓘ | NA | NA | 26.1% | 6.1% | ||||
| Share Price | - | - | - | 7.6% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 25.9 | 32.7 | 51.5 | 19.8 | 7.7 | 5.7 | 5.8 |
| Op. Profit Mgn % ⓘ | 3.5 | 5.7 | 8.1 | 2.7 | 2.9 | 3.5 | NAN |
| Net Profit Mgn % ⓘ | 1.3 | 2.4 | 4.9 | 1.8 | 1.5 | 1.7 | 1.8 |
| Debt to Equity ⓘ | 3.1 | 2.8 | 1.2 | 0.5 | 0.4 | 0.3 | - |
| Working Cap Days ⓘ | 0 | 154 | 134 | 89 | 128 | 162 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 108 | 98 | 60 | 95 | 140 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 5.80%
Sales growth has been subdued in last 3 years 1.12%
Net Profit has been subdued in last 3 years -35.39%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 1.4 | - |
| TTM Sales (₹ Cr.) | 81 | - |
| BVPS (₹.) ⓘ | 24.8 | - |
| Reserves (₹ Cr.) ⓘ | 15 | - |
| P/BV ⓘ | 1.84 | - |
| PE ⓘ | 31.91 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 42.20 / 64.60 |
| All Time Low / High (₹) | 35.05 / 79.55 |
| Market Cap (₹ Cr.) | 46.5 |
| Equity (₹ Cr.) | 10.2 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 86.5 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Sales | 81.59 | 64.53 | 78.31 | 116.31 | 93.91 | 80.98 |
| Operating Expenses ⓘ | 78.73 | 60.88 | 72 | 113.15 | 91.16 | 78.17 |
| Manufacturing Costs | 0.16 | 0.11 | 0.09 | 0.04 | 0.10 | 0.13 |
| Material Costs | 74.39 | 56.62 | 68.24 | 110.21 | 87.80 | 75.45 |
| Employee Cost | 0.20 | 0.25 | 0.27 | 0.14 | 0.50 | 0.68 |
| Other Costs ⓘ | 3.98 | 3.89 | 3.39 | 2.76 | 2.77 | 1.91 |
| Operating Profit ⓘ | 2.85 | 3.65 | 6.31 | 3.16 | 2.74 | 2.81 |
| Operating Profit Margin (%) | 3.5% | 5.7% | 8.1% | 2.7% | 2.9% | 3.5% |
| Other Income ⓘ | 0.33 | 0.38 | 0.38 | 0.97 | 0.38 | 0.10 |
| Interest ⓘ | 1.36 | 1.64 | 1.53 | 0.96 | 1.03 | 0.91 |
| Depreciation ⓘ | 0.42 | 0.28 | 0.19 | 0.13 | 0.10 | 0.09 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1.41 | 2.10 | 4.97 | 3.05 | 2 | 1.91 |
| Tax ⓘ | 0.40 | 0.55 | 1.13 | 0.97 | 0.58 | 0.45 |
| Profit After Tax | 1 | 1.55 | 3.84 | 2.08 | 1.42 | 1.46 |
| PAT Margin (%) | 1.2% | 2.4% | 4.9% | 1.8% | 1.5% | 1.8% |
| Adjusted EPS (₹) | 1.3 | 2.1 | 5.1 | 2.8 | 1.4 | 1.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 3.97 | 5.52 | 9.29 | 11.37 | 23.85 | 25.31 | ||||
| Share Capital ⓘ | 0.83 | 0.83 | 0.83 | 7.50 | 10.20 | 10.20 | ||||
| Reserves ⓘ | 3.13 | 4.69 | 8.45 | 3.87 | 13.65 | 15.11 | ||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Debt | 12.17 | 15.65 | 10.99 | 5.73 | 9.71 | 6.77 | ||||
| Long Term Debt | 2.22 | 1.79 | 1.57 | 0.92 | 0.27 | 0 | ||||
| Short Term Debt | 9.95 | 13.86 | 9.42 | 4.81 | 9.44 | 6.77 | ||||
| Trade Payables | 7.62 | 6.86 | 2.05 | 9.91 | 3.15 | 1 | ||||
| Others Liabilities ⓘ | 3.59 | 3.58 | 9.49 | 4.32 | 3.41 | 3.32 | ||||
| Total Liabilities ⓘ | 27.34 | 31.61 | 31.82 | 31.33 | 40.13 | 36.40 | ||||
Fixed Assets | ||||||||||
| Gross Block | 1.95 | 1.96 | 1.97 | 1.97 | 2.09 | 2.16 | ||||
| Accumulated Depreciation | 1.02 | 1.30 | 1.49 | 1.61 | 1.71 | 1.71 | ||||
| Net Fixed Assetsⓘ | 0.93 | 0.66 | 0.49 | 0.36 | 0.37 | 0.45 | ||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Investmentsⓘ | 1.29 | 1.57 | 2.04 | 2.46 | 1.85 | 1.44 | ||||
| Inventories | 22.62 | 26.60 | 23.24 | 23.14 | 31.92 | 31.56 | ||||
| Trade Receivables | 1.60 | 1.88 | 0.37 | 3.64 | 2.81 | 0.38 | ||||
| Cash Equivalents | 0.09 | 0.14 | 1.12 | 0.15 | 0.33 | 0.16 | ||||
| Others Assetsⓘ | 0.83 | 0.76 | 4.57 | 1.59 | 2.84 | 2.41 | ||||
| Total Assets ⓘ | 27.34 | 31.61 | 31.82 | 31.33 | 40.13 | 36.40 | ||||
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 1.88 | -1.57 | 2.29 | 0.46 | -9.65 | 1.60 |
| PBT ⓘ | 1.41 | 2.10 | 4.97 | 3.05 | 2 | 1.91 |
| Adjustment ⓘ | 1.64 | 1.81 | 1.64 | 0.98 | 0.85 | 0.91 |
| Changes in Working Capital ⓘ | -0.75 | -4.94 | -3.75 | -2.6 | -11.93 | -0.77 |
| Tax Paid ⓘ | -0.41 | -0.55 | -0.58 | -0.97 | -0.57 | -0.44 |
| Cash Flow From Investing Activity ⓘ | -0.69 | -0.28 | -0.92 | 0.43 | 0.77 | 0.32 |
| Capex | 0 | -0.01 | -0.02 | 0 | -0.12 | -0.15 |
| Net Investments | -0.71 | -0.28 | -0.41 | -0.32 | 0.89 | 0.48 |
| Others ⓘ | 0.03 | 0.01 | -0.50 | 0.75 | 0 | -0.01 |
| Cash Flow From Financing Activityⓘ | -1.56 | 1.91 | -0.39 | -1.86 | 9.07 | -2.09 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 11.07 | 0 |
| Net Proceeds from Borrowing ⓘ | 0.20 | -0.43 | 0 | -0.91 | -0.98 | -1.19 |
| Interest Paid ⓘ | -1.31 | -1.57 | -1.52 | -0.96 | -1.02 | -0.91 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -0.45 | 3.90 | 1.13 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | -0.36 | 0.05 | 0.98 | -0.97 | 0.18 | -0.17 |
| PARTICULARS | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 25.26 | 32.74 | 51.92 | 20.12 | 8.05 | 5.93 | ||||
| ROCE (%) | 17.16 | 20.09 | 31.38 | 21.44 | 11.94 | 8.58 | ||||
| Asset Turnover Ratio | 2.98 | 2.19 | 2.47 | 3.68 | 2.63 | 2.12 | ||||
| PAT to CFO Conversion(x) | 1.88 | -1.01 | 0.6 | 0.22 | -6.8 | 1.1 | Working Capital Days | |||
| Receivable Days | 7 | 10 | 5 | 6 | 13 | 7 | ||||
| Inventory Days | 101 | 139 | 116 | 73 | 107 | 143 | ||||
| Payable Days | 37 | 47 | 24 | 20 | 27 | 10 | ||||
Eighty Jewellers is part of the Anopchand Tilokchand group which is a well-known name and established brand in the Jewellery sector since many decades in and around Chhattisgarh. It is currently engaged as a master franchisee of Anopchand Tilokchand Jewellers Private Limited (ATJPL) and involved in the trading of various jewelleries, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum studded with precious and semi-precious stones under the B2B model in the name “Anopchand Tilokchand Jewellers”. Its product portfolio includes rings, earrings, armlet, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, watches, luxury items and other wedding jewellery. Its products cater to the customers across high-end, mid-market and value market segments.
The company is currently operating on a B2B business Model and offer its customers a broad variety of jewelleries, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum studded with precious and semi-precious stones in order to cater to both regional and modern tastes. It also deals in diamond and silver jewellery and ornaments. It procures its majority stock of jewellery from its group Company Anopchand Tilokchand Jewelers Private Limited and Adorable Jewels India Pvt. Ltd. who undertake the major designing and job work of its products. But sometimes it also gets the items manufactures from independent job workers depending upon the customer requirements and taste.
Business area of the company
The company is engaged in the trading of various jewellery, ornaments, watches and luxury articles made out of gold, silver, diamonds and platinum under the brand name of Anopchand Tilokchand Jewellers.
Key Events and Milestones
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