BSE: 543970 | NSE: | Diamond & Jewellery | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shoora Designs Ltd is a below average quality company.
The key valuation ratios of Shoora Designs 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 Shoora Designs 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'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | -100% | 208.9% | 19% | 0.4% | - |
| Value Creation Index ⓘ | -8.1 | 13.9 | 0.4 | -1.0 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 0 | 0.2 | 2.1 | 4.4 | 4 |
| Sales YoY Gr. | - | NA | 1,218.8% | 110.4% | - |
| Adj EPS ⓘ | -1.4 | 11.2 | 1.1 | -0.2 | -0.2 |
| YoY Gr. | - | NA | -90.6% | -122.9% | - |
| BVPS (₹) ⓘ | 1.4 | 12.6 | 14.7 | 22.6 | 22.6 |
| Adj Net Profit ⓘ | 0 | 0 | 0.1 | 0 | 0 |
| Cash Flow from Ops. ⓘ | 0 | 0.1 | -1.4 | -1.9 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 110.4% | ||||
| Adj EPS ⓘ | NA | NA | NA | -122.9% | ||||
| BVPSⓘ | NA | NA | 150.9% | 53.2% | ||||
| Share Price | - | - | - | 70.8% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | -100 | 159.3 | 13.9 | -1.4 | -1 |
| Op. Profit Mgn % ⓘ | 0 | 32 | 7.7 | 0.5 | NAN |
| Net Profit Mgn % ⓘ | 0 | 24.1 | 5.4 | -0.8 | -0.8 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 0 | 8 | 131 | 194 | 0 |
| Cash Conv. Cycle ⓘ | 0 | -163 | 115 | 186 | 0 |
No data to display
Return on Equity is Poor
Sales growth 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 (₹) | -0.2 | - |
| TTM Sales (₹ Cr.) | 4.4 | - |
| BVPS (₹.) ⓘ | 22.6 | - |
| Reserves (₹ Cr.) ⓘ | 2 | - |
| P/BV ⓘ | 3.75 | - |
| PE ⓘ | 0.00 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 38.67 / 96.53 |
| All Time Low / High (₹) | 38.67 / 100.54 |
| Market Cap (₹ Cr.) | 12.7 |
| Equity (₹ Cr.) | 1.5 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 83.9 |
| Pledged * | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 0 | 0.16 | 2.11 | 4.44 |
| Operating Expenses ⓘ | 0.01 | 0.11 | 1.94 | 4.41 |
| Manufacturing Costs | 0 | 0 | 0.21 | 0.04 |
| Material Costs | 0 | 0.10 | 1.64 | 4.11 |
| Employee Cost | 0 | 0 | 0.05 | 0.14 |
| Other Costs ⓘ | 0.01 | 0.01 | 0.04 | 0.12 |
| Operating Profit ⓘ | -0.01 | 0.05 | 0.16 | 0.02 |
| Operating Profit Margin (%) | - | 32.0% | 7.7% | 0.5% |
| Other Income ⓘ | 0 | 0 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 0 | 0 | 0.01 | 0.01 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -0.01 | 0.05 | 0.15 | 0.01 |
| Tax ⓘ | 0 | 0.01 | 0.04 | 0.05 |
| Profit After Tax | -0.01 | 0.04 | 0.11 | -0.04 |
| PAT Margin (%) | - | 24.1% | 5.4% | -0.8% |
| Adjusted EPS (₹) | -1.4 | 11.2 | 1.1 | -0.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0.01 | 0.04 | 1.59 | 3.38 | ||||||
| Share Capital ⓘ | 0.01 | 0.01 | 1.08 | 1.50 | ||||||
| Reserves ⓘ | -0.01 | 0.03 | 0.51 | 1.88 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 0 | 0 | 0 | 0 | ||||||
| Long Term Debt | 0 | 0 | 0 | 0 | ||||||
| Short Term Debt | 0 | 0 | 0 | 0 | ||||||
| Trade Payables | 0 | 0.09 | 0.03 | 0.02 | ||||||
| Others Liabilities ⓘ | 0 | 0.01 | 0.07 | 0.09 | ||||||
| Total Liabilities ⓘ | 0.01 | 0.15 | 1.69 | 3.49 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 0 | 0.01 | 0.04 | 0.07 | ||||||
| Accumulated Depreciation | 0 | 0 | 0.01 | 0.02 | ||||||
| Net Fixed Assetsⓘ | 0 | 0 | 0.03 | 0.04 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 0 | 0 | 0.64 | 1.47 | ||||||
| Trade Receivables | 0 | 0 | 0.80 | 1.65 | ||||||
| Cash Equivalents | 0.01 | 0.14 | 0.15 | 0.22 | ||||||
| Others Assetsⓘ | 0 | 0.01 | 0.07 | 0.10 | ||||||
| Total Assets ⓘ | 0.01 | 0.15 | 1.69 | 3.49 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0 | 0.14 | -1.38 | -1.93 |
| PBT ⓘ | -0.01 | 0.05 | 0.15 | 0.01 |
| Adjustment ⓘ | 0 | 0 | 0.01 | -0.18 |
| Changes in Working Capital ⓘ | 0 | 0.1 | -1.5 | -1.71 |
| Tax Paid ⓘ | 0 | -0.01 | -0.04 | -0.05 |
| Cash Flow From Investing Activity ⓘ | 0 | -0.01 | -0.04 | -0.03 |
| Capex | 0 | -0.01 | -0.04 | -0.03 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0.01 | 0 | 1.43 | 2.03 |
| Net Proceeds from Shares ⓘ | 0.01 | 0 | 1.43 | 2.03 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Net Cash Flow ⓘ | 0.01 | 0.13 | 0.01 | 0.07 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -100 | 159.3 | 13.87 | -1.43 | ||||||
| ROCE (%) | -100 | 208.94 | 18.98 | 0.44 | ||||||
| Asset Turnover Ratio | 0 | 2.07 | 2.29 | 1.71 | ||||||
| PAT to CFO Conversion(x) | N/A | 3.5 | -12.55 | N/A | Working Capital Days | |||||
| Receivable Days | 0 | 2 | 69 | 101 | ||||||
| Inventory Days | 0 | 0 | 111 | 87 | ||||||
| Payable Days | 0 | 167 | 14 | 2 | ||||||
Shoora Designs was originally incorporated on March 05, 2021, as a private limited Company under the name and style of Shoora Designs Private Limited under the provisions of Companies Act, 2013 with the Registrar of Companies, Ahmedabad. Pursuant to shareholders’ resolution passed at Extra Ordinary General Meeting held on January 02, 2023, the company was converted into a Public Limited Company and the name of the company was changed to ‘Shoora Designs Limited’ and a fresh Certificate of Incorporation dated January 04, 2023 was issued by Registrar of Companies, Ahmedabad. The company was incorporated in the year 2021 and was engaged in the business of ‘Textiles & Apparel’ Industry and ‘Apparel & Accessories’. However, thereafter in the following year, the object of the company was amended to manufacturing and trading of diamonds and jewelleries.
Since, the year of 2022, the company is engaged in the business of procuring rough diamonds through suppliers, internally planning and mapping rough diamonds, and is out souring the process of cleaving, laser cutting and polishing from local job-workers in the domestic market of Surat and is selling of the said polished cut-diamonds to the wholesalers or retailers with business concentration pre-dominantly in Surat, Gujarat, and the newly-explored market of Mumbai, Maharashtra. A substantial majority of its cut and polished diamonds are sold to diamond wholesalers and the jewellery manufacturers in the domestic market of Surat and Mumbai. The revenue from sale of the diamonds is generated through offline market, and through its online platform accessible. The online market facilitates and provides the customers with an option to browse variety of diamonds through its catalogue. This catalogue also provides the customers with the price data for each of the products, which thus enables the targeted investor to make a well-informed decisions.
Business area of the company
The company engaged in manufacturing and trading of diamonds.
History and milestones
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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.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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