Moksh Ornaments Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: MOKSH | Diamond & Jewellery | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Moksh Ornaments

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Moksh Ornaments stock performance -

mw4me loader
P/E Ratio (SA):
14.64
Market Cap:
101.9 Cr.
52-wk low:
0
52-wk high:
0

Is Moksh Ornaments Ltd an attractive stock to invest in?

1. Is Moksh Ornaments Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Moksh Ornaments Ltd is a below average quality company.

2. Is Moksh Ornaments Ltd undervalued or overvalued?

The key valuation ratios of Moksh Ornaments Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Moksh Ornaments Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Moksh Ornaments 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 Moksh Ornaments:

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.
Moksh Ornaments 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 % 9.4%12.6%10.3%18.2%16.5%14%12.3%13.4%12.6%16.8%-
Value Creation
Index
-0.3-0.1-0.30.30.2-0-0.10.0-0.10.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 81111143240310381344337324447454
Sales YoY Gr.-36.9%29%67.7%29.2%23%-9.7%-2.1%-3.8%37.8%-
Adj EPS 0.50.20.11.20.70.90.60.90.91.11.3
YoY Gr.--65.4%-66.7%1900%-39.2%21.9%-30.3%38.7%1.2%27.6%-
BVPS (₹) 2.73.13.14.34.85.76.77.58.49.511.1
Adj Net
Profit
0.10.20.23.13.94.83.34.64.767
Cash Flow from Ops. 00.7-13.8-8.5-8.32.718.7-12326-21.3-
Debt/CF from Ops. 023.2-1.9-4.2-4.118.23.2-0.30.2-1.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.9%7.6%9.1%37.8%
Adj EPS 8.8%8.7%21.4%27.6%
BVPS15.2%14.6%12.3%13.6%
Share Price - -4.4% -18.6% 31.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
21.99.62.832.521.2171012.11112.412.6
Op. Profit
Mgn %
1.92.11.932.82.41.82.52.22.33.1
Net Profit
Mgn %
0.20.20.11.31.31.311.41.51.31.5
Debt to
Equity
27.15.53.23.31.31.61.70.90.10.5-
Working Cap
Days
7472846760556773654942
Cash Conv.
Cycle
6858655957526069644823

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.60%

Net Profit is growing at healthy rate in last 3 years 21.43%

Debt to equity has declined versus last 3 years average to 0.54

Sales growth has been subdued in last 3 years 9.09%

Sales growth is not so good in last 4 quarters at -2.51%

Latest Financials - Moksh Ornaments Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 -
TTM Sales (₹ Cr.) 454 -
BVPS (₹.) 11.1 -
Reserves (₹ Cr.) 49 -
P/BV 1.71 -
PE 14.64 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 102
Equity (₹ Cr.) 10.7
Face Value (₹) 2
Industry PE 81.9

Management X-Ray of Moksh Ornaments:

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 Moksh Ornaments

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
Sales81111143240310381344337324447
Operating Expenses 79109140233301372338328317436
Manufacturing Costs1233344444
Material Costs78106137229297366332321310429
Employee Cost 0000000011
Other Costs 0000112332
Operating Profit 22379969710
Operating Profit Margin (%) 1.9%2.0%1.9%3.0%2.7%2.4%1.8%2.5%2.2%2.3%
Other Income 0000015311
Interest 1223334412
Depreciation 0000000000
Exceptional Items 0000000000
Profit Before Tax 0005677878
Tax 0001222222
Profit After Tax 0003455656
PAT Margin (%) 0.2%0.2%0.1%1.3%1.3%1.3%1.6%1.7%1.6%1.4%
Adjusted EPS (₹)0.40.10.00.80.70.91.01.11.01.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%10%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 13811263136404551
Share Capital 1255111111111111
Reserves 0136152025303440
Minority Interest0000000000
Debt1816263634506036428
Long Term Debt5531000543
Short Term Debt1311233534506031025
Trade Payables1772034000
Others Liabilities 0133223311
Total Liabilities 202744526285103795079

Fixed Assets

Gross Block0222220111
Accumulated Depreciation0000000111
Net Fixed Assets0222220000
CWIP 0000000000
Investments 0000000000
Inventories17222738434627241544
Trade Receivables23139101035453029
Cash Equivalents 101452338935
Others Assets0010233111
Total Assets 202744526285103795079

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 01-14-8-8319-12326-21
PBT 0003677856
Adjustment 0224332412
Changes in Working Capital 00-14-12-12-211-13521-28
Tax Paid 000-1-2-2-20-1-2
Cash Flow From Investing Activity 0-20000-117700
Capex 0-2000026400
Net Investments 000000-141200
Others 0000002000
Cash Flow From Financing Activity 0015109167-221-3224
Net Proceeds from Shares 02501100000
Net Proceeds from Borrowing 00-2-2-100-30-1-1
Interest Paid 000000-4-400
Dividend Paid 0000000000
Others 0-31212-11610-187-3125
Net Cash Flow 0-11111815-267-72
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)21.919.622.8132.6121.2917.0316.0814.8612.0612.8
ROCE (%)9.3712.5810.318.2316.513.9512.3313.3912.5716.8
Asset Turnover Ratio4.74.744.054.985.415.193.663.695.046.92
PAT to CFO Conversion(x)N/AN/AN/A-2.67-20.63.8-20.55.2-3.5
Working Capital Days
Receivable Days982116111024434224
Inventory Days64636249484339282224
Payable Days514198034200

Moksh Ornaments Ltd Stock News

Moksh Ornaments Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Moksh Ornaments on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Moksh Ornaments stood at ₹101.9.
The latest P/E ratio of Moksh Ornaments as of 01-Jan-1970 05:30 is 14.64.
The latest P/B ratio of Moksh Ornaments as of 01-Jan-1970 05:30 is 1.71.
The 52-week high of Moksh Ornaments is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Moksh Ornaments is ₹453.9 ( Cr.) .

About Moksh Ornaments Ltd

Moksh Ornaments Ltd. has contributed its bit by carving designs of gold jewellery and specialist in various types of gold bangles, a brand that offers a tantalizing blend of modern and traditional jewellery. Born into family of jewellers Director, Mr. Amrit J Shah took his legacy across India conquering new markets and adapting modern technologies for creating exquisite prices of jewellery.

Every product manufactured by the company undergoes strict quality endurance test where quality parameter is fully met. The jewellery is crafted with perfection, precision and meticulous attention to detail which makes every piece special. Right from its inception the Company has been guided by only one principle and that is we must offer the customer the best because they deserve the best.

Business area of the company

The company is engaged in manufacturing and distribution of jewelry products. The Company provides gold jewelry products such as rings, bangles, chains, earrings, and necklaces.

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