Goenka Diamond and Jewels Ltd - Stock Valuation and Financial Performance

BSE: 533189 | NSE: GOENKA | Diamond & Jewellery | Small Cap

Goenka Diamond & Jew Share Price

1.10 -0.05 -4.35%
as on 21-Nov'24 16:59

DeciZen - make an informed investing decision on Goenka Diamond & Jew

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Goenka Diamond and Jewels stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
36.5 Cr.
52-wk low:
0.7
52-wk high:
1.5

Is Goenka Diamond and Jewels Ltd an attractive stock to invest in?

1. Is Goenka Diamond and Jewels Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Goenka Diamond and Jewels Ltd is a below average quality company.

2. Is Goenka Diamond and Jewels Ltd undervalued or overvalued?

The key valuation ratios of Goenka Diamond and Jewels Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Goenka Diamond and Jewels Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Goenka Diamond and Jewels Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Goenka Diamond & Jew:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Goenka Diamond and Jewels Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 2.9%4%-1.9%-0.5%-0.4%0%0.1%-1.5%-0.3%-0.3%-
Value Creation
Index
-0.8-0.7-1.1-1.0-1.0NA-1.0-1.1-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 37510391.53.17.76.612.83.54.31.61
Sales YoY Gr.--72.7%-10.8%-96.6%149.8%-14.6%94.2%-72.7%21.7%-61.7%-
Adj EPS -0.1-0.2-0.8-0.2-0.1-00-0.4-0.1-0.1-0.1
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 9.59.68.68.48.38.38.2887.97.8
Adj Net
Profit
-4.1-6.3-23.7-5.3-1.6-0.70-12.2-1.7-1.8-2
Cash Flow from Ops. -10.813.810.7-1.9-1.500.4-0.41.1-0.2-
Debt/CF from Ops. -14.511.617.3-97.6-124.3-15929.6445.1-450.1160.5-825.6-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -45.4%-26.7%-49.7%-61.7%
Adj EPS NANANANA
BVPS-2%-0.9%-1.4%-0.8%
Share Price -7.3% 33.4% 0.6% 31%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-1.4-2.1-8.3-2-0.6-0.3-0-4.7-0.7-0.7-0.8
Op. Profit
Mgn %
1.57.32.6-74.5-19.7-15.5-5.6-404-30-80-165.1
Net Profit
Mgn %
-1.1-6.2-26-171.7-20.9-10.6-0.3-346.9-39.8-111.2-184.7
Debt to
Equity
0.50.50.70.70.70.70.70.70.70.7-
Working Cap
Days
5822,4122,91889,71735,88442,01521,63778,34663,9081,67,0121,90,272
Cash Conv.
Cycle
3941,4441,6371,51,85412,81523,49212,15044,28335,9871,14,04260,719

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.69

Sales growth is good in last 4 quarters at 96.51%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -49.69%

Latest Financials - Goenka Diamond and Jewels Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 -0.1
TTM Sales (₹ Cr.) 1 0.6
BVPS (₹.) 7.8 7.5
Reserves (₹ Cr.) 216 205
P/BV 0.15 0.15
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.74 / 1.48
All Time Low / High (₹) 0.21 / 35.00
Market Cap (₹ Cr.) 36.5
Equity (₹ Cr.) 31.7
Face Value (₹) 1
Industry PE 83.9

Management X-Ray of Goenka Diamond & Jew:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Goenka Diamond & Jew

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales374.96102.5391.453.097.726.5912.803.504.261.63
Operating Expenses 369.5695.29101.177.2310.497.6813.6018.155.583.02
Manufacturing Costs0.290.240.270.110.080.070.040.040.040.03
Material Costs362.4590.8186.143.166.996.1111.613.373.791.26
Employee Cost 2.371.531.301.170.850.690.670.540.540.48
Other Costs 4.442.7213.462.792.570.801.2814.201.201.25
Operating Profit 5.407.24-9.72-4.14-2.78-1.09-0.80-14.65-1.32-1.40
Operating Profit Margin (%) 1.4%7.1%-10.6%-134.0%-36.0%-16.5%-6.3%-418.0%-31.0%-86.0%
Other Income 8.4812.431.672.461.471.571.791.190.600.65
Interest 12.2817.4422.960.780.590.600.580.560.550.59
Depreciation 1.011.150.620.590.630.500.450.410.440.54
Exceptional Items 00000007.5300
Profit Before Tax 0.591.08-31.63-3.05-2.53-0.62-0.04-6.89-1.71-1.88
Tax -0.020.110.593.55-0.040.130.050.180.020
Profit After Tax 0.610.97-32.22-6.59-2.49-0.75-0.10-7.06-1.72-1.88
PAT Margin (%) 0.2%0.9%-35.2%-213.0%-32.2%-11.4%-0.7%-201.0%-40.5%-115.0%
Adjusted EPS (₹)0.00.0-1.0-0.2-0.10.00.0-0.2-0.1-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 301.65303.10271.61264.67262.20261.45261.36254.30252.64250.76
Share Capital 31.7031.7031.7031.7031.7031.7031.7031.7031.7031.70
Reserves 269.95271.40239.91232.97230.50229.75229.66222.60220.94219.06
Minority Interest0000000000
Debt156.66158.8742.640000000
Long Term Debt02.382.570000000
Short Term Debt156.66156.4940.070000000
Trade Payables204.04242.97303.60303.46297.87302.51298.21298.31297.78298.34
Others Liabilities 9.0416.51156.64207.36209.17209.68209.65202.05201.12201.95
Total Liabilities 671.39721.45774.50775.50769.23773.64769.22754.66751.53751.05

Fixed Assets

Gross Block19.7219.7219.7219.7219.6319.6319.6319.6319.9220.35
Accumulated Depreciation8.209.359.9610.5511.1011.5912.0412.4512.8813.42
Net Fixed Assets11.5110.379.759.178.538.037.597.197.046.93
CWIP 0000000000
Investments 5.095.095.094.494.494.494.490.190.190.19
Inventories70.2754.9236.8833.8526.8625.3014.9011.547.807.62
Trade Receivables562.20627.82699.23698.82698.78703.59698.34697.35697.30697.76
Cash Equivalents 3.212.381.230.430.440.440.840.100.890.24
Others Assets19.0920.8722.3128.7430.1331.8043.0638.2938.3138.30
Total Assets 671.39721.45774.50775.50769.23773.64769.22754.66751.53751.05

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -10.8313.7610.67-1.86-1.46-0.010.41-0.391.07-0.21
PBT 0.591.08-31.63-3.05-2.53-0.62-0.04-6.89-1.71-1.88
Adjustment -0.103.7833.580.11-0.20-0.44-0.686.071.061.12
Changes in Working Capital -11.238.978.81.231.321.051.130.431.720.55
Tax Paid -0.09-0.08-0.07-0.15-0.0600000
Cash Flow From Investing Activity 3.011.621.651.511.470.0100-0.29-0.43
Capex 0.940000000-0.29-0.43
Net Investments 0.4600000.010000
Others 1.611.621.651.511.4700000
Cash Flow From Financing Activity -1.94-16.28-12.290000000
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -12.28-17.44-22.960000000
Dividend Paid 0000000000
Others 10.341.1610.670000000
Net Cash Flow -9.76-0.900.04-0.350.01-0.010.40-0.390.79-0.64
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.20.32-11.21-2.46-0.94-0.29-0.04-2.74-0.68-0.74
ROCE (%)2.854.03-1.89-0.5-0.4400.12-1.45-0.27-0.3
Asset Turnover Ratio0.60.150.1200.010.010.0200.010
PAT to CFO Conversion(x)-17.7514.19N/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days4592,1182,6480000000
Inventory Days1042231834,1751,4361,4455731,3788291,732
Payable Days1658981,1580009,446000

Goenka Diamond and Jewels Ltd Stock News

Goenka Diamond and Jewels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Goenka Diamond & Jew on 21-Nov-2024 16:59 is ₹1.10.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Goenka Diamond & Jew stood at ₹36.45.
The latest P/E ratio of Goenka Diamond & Jew as of 21-Nov-2024 16:59 is 0.00.
The latest P/B ratio of Goenka Diamond & Jew as of 21-Nov-2024 16:59 is 0.15.
The 52-week high of Goenka Diamond & Jew is ₹1.48 and the 52-week low is ₹0.74.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Goenka Diamond & Jew is ₹1.03 ( Cr.) .

About Goenka Diamond and Jewels Ltd

Goenka Diamond & Jewels was incorporated on November 5, 1990 as Goenka Exports, a private limited company under the Companies Act, 1956. The company became a deemed public company by virtue of section 43(A) of the Companies Act and ceased to be a private company with effect from July 1,1997. Subsequently, by a shareholders resolution dated January 29, 2002, the company became a public company and a fresh certificate of incorporation in the name of Goenka Exports was issued by the Registrar of Companies, Rajasthan, situated at Jaipur on January 30, 2002. By a resolution dated April 15, 2008, the company was converted into a public limited company and its name was changed to its present name Goenka Diamond and Jewels.

The company is promoted by Nand Lal Goenka, who has over 40 years of experience in the gems and jewellery business along with his sons, Navneet Goenka and Nitin Goenka.

It was initially in the business of export of coloured stones and has since then expanded into diamond trade in 1994 and manufacturing of diamond studded jewellery in 2003. Its cutting and polishing activity was boosted in 2006 by establishing its own diamond processing unit at the SEZ in Surat for processing of rough diamonds. In 2007, it set up another facility for processing of rough diamonds in Mumbai to cater to the local market and for its jewellery making operations.

Goenka Diamond has scaled up its diamond jewellery making operations by establishing a dedicated manufacturing facility in Mumbai and launched its first jewellery retail store in July 2008.

At present, the business of the company is broadly divided into diamond processing business and jewellery business. Its diamond processing business consists of trading, cutting and polishing of diamonds. Jewellery Business consists of manufacturing and retail of jewellery under CERES and G WILD brands and also includes its wholesale jewellery operations.

Business area of the company

The company is engaged in cutting and polishing of diamonds and manufacturing and retailing of diamond jewellery.

Subsidiaries of the company

M.B. Diamonds LLC

Group Companies

  • Geet Holdings
  • Goenka Diamonds
  • Goenka Infra Builders
  • Goenka Properties
  • Sonam Complex
  • Yash Complex
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