Share Price and Basic Stock Data
Last Updated: December 13, 2024, 11:44 pm
| PEG Ratio | 0.00 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Atlas Jewellery India Ltd operates in the gems, jewellery, and precious metals sector, with a current market capitalization of ₹93.3 Cr and a share price of ₹9.27. The company’s revenue trajectory has been erratic, with total sales recorded at ₹0.02 Cr for the fiscal year ending March 2023, down from a peak of ₹200.58 Cr in March 2015. Sales figures have fluctuated dramatically over the years, peaking at ₹72.97 Cr in March 2014 before declining to just ₹1.31 Cr in March 2021. Quarterly sales demonstrated a similar pattern, with a high of ₹1.14 Cr in March 2019, but a significant drop to ₹0.24 Cr in June 2020. The company’s performance indicates challenges in maintaining consistent revenue, likely impacted by external market conditions and competition within the jewellery sector.
Profitability and Efficiency Metrics
Profitability remains a significant concern for Atlas Jewellery, as evidenced by a negative net profit of ₹0.54 Cr reported for the fiscal year ending March 2023. The operating profit margin (OPM) stood at a mere 5.13% in December 2021, reflecting the company’s struggle to sustain operational efficiency. Over recent years, OPM has fluctuated dramatically, with highs and lows indicative of operational challenges; for instance, in March 2021, OPM was recorded at -359.54%. The return on equity (ROE) and return on capital employed (ROCE) are also low, with ROE at 0.33% and ROCE at 0.35%. Such metrics suggest that Atlas Jewellery has significant room for improvement in both profitability and operational efficiency, which are critical for long-term sustainability.
Balance Sheet Strength and Financial Ratios
Atlas Jewellery’s balance sheet reveals a conservative financial structure, with reported reserves of ₹62.94 Cr and borrowings at ₹0.00 Cr, indicating no external debt liabilities. This zero-debt status provides a buffer against financial distress. However, the company’s cash conversion cycle (CCC) is alarmingly lengthy at 3,010,824.17 days, which raises concerns regarding liquidity and operational efficiency. The company’s total assets stood at ₹170.50 Cr as of March 2023, with a total liabilities figure closely matching it. Financial ratios reflect a challenging operational environment, with net profit margins consistently negative in recent years, highlighting the need for strategic financial management and operational reforms to enhance liquidity and profitability.
Shareholding Pattern and Investor Confidence
The shareholding structure of Atlas Jewellery indicates a high level of promoter control at 95.82%, with public shareholders accounting for only 4.04%. This concentrated ownership can be both a strength and a risk; while it may suggest strong insider confidence, it also raises potential governance concerns. Institutional investment appears minimal, with foreign institutional investors (FIIs) not participating and domestic institutional investors (DIIs) holding merely 0.14% of shares. The total number of shareholders has seen a gradual increase, reaching 7,166 by June 2022, indicating some level of investor interest despite the company’s financial struggles. The lack of significant institutional backing may limit the company’s growth prospects and perceived stability in the eyes of potential investors.
Outlook, Risks, and Final Insight
Looking ahead, Atlas Jewellery faces both opportunities and risks. The high promoter stake may provide stability and a unified vision, but the company must address its profitability and efficiency challenges to attract broader investor interest. Risks include the potential for continued revenue volatility and the long cash conversion cycle, which could hinder operational liquidity. Strategic shifts towards enhancing operational efficiency and exploring new market opportunities could be beneficial. If the company can successfully implement reforms to improve profitability and operational metrics, it may regain investor confidence and stabilize its market position. Conversely, failure to address these issues could result in further declines in performance and shareholder trust.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Atlas Jewellery India Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mini Diamonds (India) Ltd | 332 Cr. | 141 | 233/97.5 | 97.0 | 26.6 | 0.00 % | 16.2 % | 12.6 % | 10.0 |
| Mishka Exim Ltd | 67.7 Cr. | 46.8 | 70.5/25.0 | 141 | 15.2 | 0.00 % | 2.29 % | 1.60 % | 10.0 |
| Motisons Jewellers Ltd | 1,591 Cr. | 16.2 | 33.8/15.4 | 35.5 | 4.20 | 0.00 % | 14.5 % | 11.6 % | 1.00 |
| Nanavati Ventures Ltd | 51.4 Cr. | 110 | 163/43.6 | 223 | 48.2 | 0.00 % | 1.39 % | 1.03 % | 10.0 |
| Gautam Gems Ltd | 15.4 Cr. | 3.78 | 5.73/3.41 | 42.9 | 12.6 | 0.00 % | 1.35 % | 0.55 % | 10.0 |
| Industry Average | 1,224.17 Cr | 100.24 | 65.76 | 85.90 | 0.16% | 6.93% | 5.13% | 6.53 |
Quarterly Result
| Metric | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.72 | 1.14 | 0.71 | 0.26 | 0.73 | 0.49 | 0.24 | 0.25 | 0.44 | 0.38 | 0.47 | 0.26 | 0.78 |
| Expenses | 7.05 | 2.99 | 1.86 | -1.34 | -0.18 | -6.99 | 0.05 | 4.06 | 2.16 | -0.23 | -1.11 | 0.77 | 0.74 |
| Operating Profit | -6.33 | -1.85 | -1.15 | 1.60 | 0.91 | 7.48 | 0.19 | -3.81 | -1.72 | 0.61 | 1.58 | -0.51 | 0.04 |
| OPM % | -879.17% | -162.28% | -161.97% | 615.38% | 124.66% | 1,526.53% | 79.17% | -1,524.00% | -390.91% | 160.53% | 336.17% | -196.15% | 5.13% |
| Other Income | 0.00 | -0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.01 | 0.00 | 0.09 | 0.00 | 0.01 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.04 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 |
| Depreciation | 0.14 | 0.13 | 0.12 | 0.01 | 0.01 | 0.17 | 0.07 | 0.06 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 |
| Profit before tax | -6.47 | -2.01 | -1.27 | 1.59 | 0.90 | 7.27 | 0.13 | -3.87 | -1.78 | 0.66 | 1.53 | -0.54 | 0.00 |
| Tax % | 0.15% | 0.00% | -4.72% | -9.43% | 0.00% | 1.10% | 30.77% | 0.78% | 2.25% | 4.55% | 1.96% | 7.41% | |
| Net Profit | -6.48 | -2.01 | -1.21 | 1.74 | 0.90 | 7.19 | 0.09 | -3.90 | -1.82 | 0.63 | 1.50 | -0.57 | -0.03 |
| EPS in Rs | -0.64 | -0.20 | -0.12 | 0.17 | 0.09 | 0.71 | 0.01 | -0.39 | -0.18 | 0.06 | 0.15 | -0.06 | -0.00 |
Last Updated: Unknown
Below is a detailed analysis of the quarterly data for Atlas Jewellery India Ltd based on the most recent figures (Dec 2021) and their trends compared to the previous period:
- For Sales, as of Dec 2021, the value is 0.78 Cr.. The value appears strong and on an upward trend. It has increased from 0.26 Cr. (Sep 2021) to 0.78 Cr., marking an increase of 0.52 Cr..
- For Expenses, as of Dec 2021, the value is 0.74 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.77 Cr. (Sep 2021) to 0.74 Cr., marking a decrease of 0.03 Cr..
- For Operating Profit, as of Dec 2021, the value is 0.04 Cr.. The value appears strong and on an upward trend. It has increased from -0.51 Cr. (Sep 2021) to 0.04 Cr., marking an increase of 0.55 Cr..
- For OPM %, as of Dec 2021, the value is 5.13%. The value appears strong and on an upward trend. It has increased from -196.15% (Sep 2021) to 5.13%, marking an increase of 201.28%.
- For Other Income, as of Dec 2021, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.01 Cr. (Sep 2021) to 0.00 Cr., marking a decrease of 0.01 Cr..
- For Interest, as of Dec 2021, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2021) which recorded 0.00 Cr..
- For Depreciation, as of Dec 2021, the value is 0.04 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2021) which recorded 0.04 Cr..
- For Profit before tax, as of Dec 2021, the value is 0.00 Cr.. The value appears strong and on an upward trend. It has increased from -0.54 Cr. (Sep 2021) to 0.00 Cr., marking an increase of 0.54 Cr..
- For Tax %, as of Dec 2021, the value is 0.00%. The value appears to be improving (decreasing) as expected. It has decreased from 7.41% (Sep 2021) to 0.00%, marking a decrease of 7.41%.
- For Net Profit, as of Dec 2021, the value is -0.03 Cr.. The value appears strong and on an upward trend. It has increased from -0.57 Cr. (Sep 2021) to -0.03 Cr., marking an increase of 0.54 Cr..
- For EPS in Rs, as of Dec 2021, the value is 0.00. The value appears strong and on an upward trend. It has increased from -0.06 (Sep 2021) to 0.00, marking an increase of 0.06.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: Unknown
| Metric | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 72.97 | 200.58 | 13.68 | 8.65 | 5.56 | 3.31 | 2.19 | 1.31 | 1.55 | 0.02 |
| Expenses | 0.25 | 0.03 | 71.19 | 199.63 | 23.24 | 14.92 | 9.62 | 5.53 | 4.70 | 6.02 | 2.53 | 0.70 |
| Operating Profit | -0.25 | -0.03 | 1.78 | 0.95 | -9.56 | -6.27 | -4.06 | -2.22 | -2.51 | -4.71 | -0.98 | -0.68 |
| OPM % | 2.44% | 0.47% | -69.88% | -72.49% | -73.02% | -67.07% | -114.61% | -359.54% | -63.23% | -3,400.00% | ||
| Other Income | 0.35 | 0.00 | 0.00 | 4.88 | 5.71 | -1.78 | 1.44 | 8.51 | 11.99 | 0.11 | 4.80 | 0.19 |
| Interest | 0.00 | 0.00 | 0.02 | 0.29 | 0.08 | 0.05 | 0.03 | 0.03 | 0.05 | 0.04 | 0.02 | 0.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.77 | 3.13 | 1.85 | 0.81 | 0.54 | 0.32 | 0.21 | 0.15 | 0.08 |
| Profit before tax | 0.10 | -0.03 | 1.76 | 4.77 | -7.06 | -9.95 | -3.46 | 5.72 | 9.11 | -4.85 | 3.65 | -0.58 |
| Tax % | 20.00% | 0.00% | 7.39% | 33.54% | -9.49% | -6.43% | 15.32% | 4.90% | -1.43% | 3.09% | 29.86% | -6.90% |
| Net Profit | 0.08 | -0.03 | 1.62 | 3.17 | -6.39 | -9.31 | -3.99 | 5.43 | 9.25 | -5.00 | 2.56 | -0.54 |
| EPS in Rs | 0.19 | -0.07 | 0.32 | 0.31 | -0.63 | -0.92 | -0.40 | 0.54 | 0.92 | -0.50 | 0.25 | -0.05 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
YoY Net Profit Growth
| Year | 2012-2013 | 2013-2014 | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -137.50% | 5500.00% | 95.68% | -301.58% | -45.70% | 57.14% | 236.09% | 70.35% | -154.05% | 151.20% | -121.09% |
| Change in YoY Net Profit Growth (%) | 0.00% | 5637.50% | -5404.32% | -397.26% | 255.88% | 102.84% | 178.95% | -165.74% | -224.40% | 305.25% | -272.29% |
Atlas Jewellery India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -68% |
| 3 Years: | -79% |
| TTM: | -99% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | % |
| TTM: | -121% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -8% |
| 5 Years: | -32% |
| 3 Years: | -25% |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 2% |
| 3 Years: | -1% |
| Last Year: | 0% |
Last Updated: September 5, 2025, 2:31 pm
No data available for the Balance Sheet data table.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -0.51 | -0.03 | 1.37 | 0.95 | -9.56 | -6.27 | -4.06 | -2.22 | -3.06 | -4.97 | -0.98 | -0.68 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 361.50 | 255.69 | 3,677.21 | 5,684.29 | 8,870.94 | 15,839.46 | 26,101.67 | 42,571.26 | 37,086.35 | 2,874,192.50 | ||
| Inventory Days | 0.00 | 65.68 | 625.04 | 1,021.59 | 976.67 | 1,916.58 | 2,356.91 | 4,394.75 | 3,210.86 | 136,631.67 | ||
| Days Payable | 20.06 | 3.88 | 6.67 | 1.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||
| Cash Conversion Cycle | 361.50 | 301.31 | 4,298.38 | 6,699.21 | 9,846.44 | 17,756.04 | 28,458.58 | 46,966.01 | 40,297.21 | 3,010,824.17 | ||
| Working Capital Days | 350.49 | 281.91 | 4,147.87 | 6,298.68 | 9,651.49 | 16,898.07 | 27,466.67 | 44,585.73 | 38,329.71 | 2,963,070.00 | ||
| ROCE % | 38.96% | -1.54% | 4.75% | 4.13% | -2.90% | -5.04% | -2.05% | 3.72% | 6.25% | -2.91% | 2.25% | -0.35% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 12 | Mar 11 |
|---|---|---|
| FaceValue | 10.00 | 10.00 |
| Basic EPS (Rs.) | 0.21 | 0.27 |
| Diluted EPS (Rs.) | 0.21 | 0.27 |
After reviewing the key financial ratios for Atlas Jewellery India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 12, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 11) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 12, the value is 0.21. This value is below the healthy minimum of 5. It has decreased from 0.27 (Mar 11) to 0.21, marking a decrease of 0.06.
- For Diluted EPS (Rs.), as of Mar 12, the value is 0.21. This value is below the healthy minimum of 5. It has decreased from 0.27 (Mar 11) to 0.21, marking a decrease of 0.06.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Atlas Jewellery India Ltd:
- Net Profit Margin: 0%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 0% (Industry Average ROCE: 6.93%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 0% (Industry Average ROE: 5.13%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 0
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 0 (Industry average Stock P/E: 65.76)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 0%