BSE: 523676 | NSE: | Diamond & Jewellery | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Golkunda Diamonds & Jewellery Ltd is a average quality company.
The key valuation ratios of Golkunda Diamonds & Jewellery 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 Golkunda Diamonds & Jewellery 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'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 12.9% | 12.6% | 6% | 6.4% | 7.4% | 8.3% | 8.7% | 17.3% | 18.5% | 17.8% | - |
| Value Creation Index ⓘ | -0.1 | -0.1 | -0.6 | -0.6 | -0.5 | -0.4 | -0.4 | 0.2 | 0.3 | 0.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 93.5 | 97.7 | 83.8 | 85.8 | 109 | 133 | 173 | 238 | 233 | 230 | 248 |
| Sales YoY Gr. | - | 4.5% | -14.3% | 2.5% | 26.9% | 21.9% | 30.7% | 37.2% | -1.9% | -1.3% | - |
| Adj EPS ⓘ | 2.9 | 4.1 | 1.2 | 1.2 | 1.9 | 3.1 | 3.9 | 10.6 | 13.5 | 13.8 | 17.4 |
| YoY Gr. | - | 41.9% | -71% | 4.2% | 56.5% | 61.3% | 23% | 174.8% | 27.7% | 2.2% | - |
| BVPS (₹) ⓘ | 31.5 | 34.8 | 36 | 36.8 | 38.8 | 40.2 | 43.9 | 53.2 | 65.3 | 77.6 | 82.7 |
| Adj Net Profit ⓘ | 2 | 2.9 | 0.8 | 0.9 | 1.4 | 2.2 | 2.7 | 7.4 | 9.4 | 9.6 | 12 |
| Cash Flow from Ops. ⓘ | -2.6 | -0.9 | 1.4 | 3.5 | 3.1 | 2.3 | 2 | -5.1 | 10.7 | 5.2 | - |
| Debt/CF from Ops. ⓘ | -13.6 | -36.8 | 24.4 | 9.8 | 9.8 | 13 | 16.2 | -8.1 | 3.7 | 7.5 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 10.5% | 16.2% | 9.9% | -1.3% | ||||
| Adj EPS ⓘ | 19% | 48.1% | 53.1% | 2.2% | ||||
| BVPSⓘ | 10.6% | 14.9% | 21% | 18.9% | ||||
| Share Price | 28.7% | 75.7% | 31.4% | 43.5% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 9.5 | 12.4 | 3.4 | 3.4 | 5.1 | 7.9 | 9.2 | 21.8 | 22.8 | 19.3 | 21.8 |
| Op. Profit Mgn % ⓘ | 7.9 | 7.8 | 4.5 | 4.8 | 4.1 | 3.6 | 3.1 | 5.2 | 6.6 | 7.1 | 8.1 |
| Net Profit Mgn % ⓘ | 2.2 | 2.9 | 1 | 1 | 1.2 | 1.6 | 1.6 | 3.1 | 4 | 4.2 | 4.9 |
| Debt to Equity ⓘ | 1.6 | 1.4 | 1.4 | 1.3 | 1.1 | 1.1 | 1.1 | 1.1 | 0.9 | 0.7 | 0 |
| Working Cap Days ⓘ | 216 | 212 | 262 | 259 | 196 | 155 | 129 | 119 | 136 | 143 | 71 |
| Cash Conv. Cycle ⓘ | 199 | 199 | 230 | 221 | 168 | 131 | 101 | 85 | 99 | 108 | 32 |
Return on Equity has increased versus last 3 years average to 21.80%
Net Profit is growing at healthy rate in last 3 years 53.08%
Debt to equity has declined versus last 3 years average to 0.73
Sales growth is good in last 4 quarters at 17.81%
Sales growth has been subdued in last 3 years 9.94%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 17.4 | - |
| TTM Sales (₹ Cr.) | 248 | - |
| BVPS (₹.) ⓘ | 82.7 | - |
| Reserves (₹ Cr.) ⓘ | 52 | - |
| P/BV ⓘ | 2.49 | - |
| PE ⓘ | 11.80 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 122.25 / 303.90 |
| All Time Low / High (₹) | 1.45 / 303.90 |
| Market Cap (₹ Cr.) | 143 |
| Equity (₹ Cr.) | 7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 87.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 93 | 98 | 84 | 86 | 109 | 133 | 173 | 238 | 233 | 230 |
| Operating Expenses ⓘ | 86 | 90 | 80 | 82 | 104 | 128 | 168 | 226 | 218 | 214 |
| Manufacturing Costs | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 3 | 2 | 2 |
| Material Costs | 81 | 85 | 74 | 74 | 95 | 118 | 158 | 210 | 202 | 195 |
| Employee Cost | 2 | 2 | 3 | 4 | 5 | 5 | 5 | 9 | 9 | 10 |
| Other Costs ⓘ | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 4 | 5 | 7 |
| Operating Profit ⓘ | 7 | 8 | 4 | 4 | 4 | 5 | 5 | 12 | 15 | 16 |
| Operating Profit Margin (%) | 7.9% | 7.7% | 4.5% | 4.8% | 4.1% | 3.6% | 3.1% | 5.2% | 6.6% | 7.0% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest ⓘ | 4 | 3 | 2 | 3 | 2 | 2 | 1 | 2 | 3 | 3 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 3 | 4 | 1 | 1 | 2 | 3 | 4 | 10 | 13 | 13 |
| Tax ⓘ | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 3 | 3 | 3 |
| Profit After Tax | 2 | 3 | 1 | 1 | 1 | 2 | 3 | 7 | 9 | 10 |
| PAT Margin (%) | 2.2% | 2.9% | 1.0% | 1.0% | 1.2% | 1.6% | 1.6% | 3.1% | 4.0% | 4.2% |
| Adjusted EPS (₹) | 2.9 | 4.0 | 1.2 | 1.2 | 1.9 | 3.1 | 3.9 | 10.6 | 13.5 | 13.8 |
| Dividend Payout Ratio (%) | 17% | 15% | 29% | 0% | 41% | 32% | 31% | 14% | 11% | 11% |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 22 | 24 | 25 | 26 | 27 | 28 | 31 | 37 | 45 | 54 |
| Share Capital ⓘ | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 |
| Reserves ⓘ | 15 | 17 | 18 | 19 | 20 | 21 | 24 | 30 | 39 | 47 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt | 35 | 34 | 35 | 34 | 30 | 29 | 33 | 41 | 40 | 39 |
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 0 |
| Short Term Debt | 35 | 34 | 35 | 34 | 30 | 29 | 33 | 38 | 39 | 39 |
| Trade Payables | 1 | 4 | 6 | 6 | 6 | 6 | 11 | 15 | 16 | 17 |
| Others Liabilities ⓘ | 2 | 3 | 2 | 2 | 2 | 2 | 3 | 4 | 5 | 5 |
| Total Liabilities ⓘ | 60 | 65 | 68 | 67 | 65 | 65 | 77 | 97 | 106 | 115 |
Fixed Assets | ||||||||||
| Gross Block | 6 | 4 | 4 | 4 | 5 | 6 | 7 | 8 | 13 | 15 |
| Accumulated Depreciation | 3 | 1 | 2 | 2 | 2 | 3 | 3 | 4 | 4 | 5 |
| Net Fixed Assetsⓘ | 3 | 3 | 3 | 2 | 3 | 3 | 4 | 4 | 8 | 10 |
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventories | 16 | 15 | 17 | 15 | 15 | 19 | 24 | 24 | 21 | 10 |
| Trade Receivables | 38 | 42 | 41 | 43 | 39 | 34 | 36 | 55 | 60 | 81 |
| Cash Equivalents | 2 | 3 | 3 | 5 | 5 | 6 | 7 | 5 | 12 | 11 |
| Others Assetsⓘ | 1 | 1 | 3 | 2 | 3 | 2 | 7 | 10 | 4 | 4 |
| Total Assets ⓘ | 60 | 65 | 68 | 67 | 65 | 65 | 77 | 97 | 106 | 115 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -3 | -1 | 1 | 3 | 3 | 2 | 2 | -5 | 11 | 5 |
| PBT ⓘ | 3 | 4 | 1 | 1 | 2 | 3 | 4 | 10 | 13 | 13 |
| Adjustment ⓘ | 3 | 0 | 0 | 2 | -2 | 0 | 1 | 2 | 2 | 3 |
| Changes in Working Capital ⓘ | -3 | -1 | 1 | 0 | 4 | 1 | -2 | -15 | -1 | -8 |
| Tax Paid ⓘ | -3 | -1 | -1 | 0 | -1 | -1 | -1 | -3 | -3 | -3 |
| Cash Flow From Investing Activity ⓘ | 0 | 0 | -1 | -1 | -2 | -1 | -3 | -2 | -5 | -3 |
| Capex | 0 | 0 | 0 | 0 | -1 | -1 | -1 | -1 | -5 | -2 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | -2 | -1 | 0 | -1 |
| Others ⓘ | 0 | 0 | -1 | 0 | -1 | 0 | 0 | 0 | 0 | 1 |
| Cash Flow From Financing Activityⓘ | 2 | -1 | -2 | -3 | -6 | -3 | 2 | 6 | -4 | -5 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | -2 | -2 | -2 | -1 | -1 | -1 | -2 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | -1 | -1 | -1 | -1 | -1 |
| Others ⓘ | 3 | 0 | 1 | -1 | -4 | -1 | 4 | 8 | -1 | -1 |
| Net Cash Flow ⓘ | 0 | -2 | -1 | 0 | -5 | -2 | 1 | -1 | 2 | -2 |
| PARTICULARS | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 9.53 | 12.21 | 3.37 | 3.39 | 5.12 | 7.93 | 9.19 | 21.81 | 22.84 | 19.33 |
| ROCE (%) | 12.9 | 12.56 | 6.01 | 6.36 | 7.4 | 8.33 | 8.73 | 17.29 | 18.47 | 17.78 |
| Asset Turnover Ratio | 1.55 | 1.57 | 1.27 | 1.27 | 1.65 | 2.05 | 2.44 | 2.73 | 2.3 | 2.08 |
| PAT to CFO Conversion(x) | -1.5 | -0.33 | 1 | 3 | 3 | 1 | 0.67 | -0.71 | 1.22 | 0.5 | Working Capital Days |
| Receivable Days | 148 | 150 | 181 | 179 | 138 | 101 | 75 | 70 | 89 | 112 |
| Inventory Days | 64 | 58 | 71 | 69 | 50 | 47 | 45 | 36 | 35 | 25 |
| Payable Days | 13 | 9 | 24 | 29 | 22 | 18 | 20 | 23 | 28 | 31 |
Golkunda Diamond & Jewellery was incorporated in 1990. The company got listed on leading stock exchanges in the country in 1992 to tap the export market as low cost producer of casted jewellery.
The company is the leading manufacturer of diamond studded gold jewelery. Apart from this, the company is engaged in the business of manufacturing, marketing and exporting.
The company offers a range of products including rings, earrings, pendants, bracelets, bangles and necklaces in 9, 10, 14, 18, and 22 karat gold studded with diamonds. It has expertise in jewelry set in baguettes and small invisible princess jewelry.
Manufacturing facilities are located at SEEPZ and Chakala in Mumbai, capable of churning out over 150 new designs every month and with a capacity to manufacture more than 500 pieces per day. Quality mass-produced jewelry is exported to customers across the world with major destinations being USA, UK, UAE and Australia.
The products of the company include: Pendants, Earrings, Rings and Bracelets, etc.
The company has the expertise in products set in baquettes and small invisible princess (upto 250 pcs in 1 carrat) jewelry. Having a strategic understanding with diamond manufacturers; it has access to large resources of diamonds at a very competitive price.
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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.
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The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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