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 within the Gems, Jewellery, and Precious Metals industry. The company’s stock is currently priced at ₹9.27, with a market capitalization of ₹93.3 Cr. Revenue trends have been volatile over recent years. Total sales for the fiscal year ending March 2023 stood at ₹0.02 Cr, a significant decline from ₹5.56 Cr in March 2018. Quarterly sales figures also reflect this downturn, with December 2018 sales at ₹0.72 Cr, peaking at ₹1.14 Cr in March 2019, before declining to ₹0.26 Cr by September 2019. This downward trajectory continued, with sales reaching as low as ₹0.24 Cr in June 2020. The company’s inconsistent revenue generation is indicative of broader challenges within the sector, including competition and market conditions, which have impacted operational performance significantly.
Profitability and Efficiency Metrics
Profitability metrics for Atlas Jewellery reveal a concerning trend, with a net profit of -₹0.54 Cr reported for the latest fiscal year. The operating profit margin (OPM) stood at a mere 5.13% in December 2021, a stark contrast to the negative OPM figures recorded in previous years, such as -879.17% in December 2018. The return on equity (ROE) and return on capital employed (ROCE) are also low, recorded at 0.33% and 0.35% respectively. Such figures suggest that the company is struggling to convert its investments into returns effectively. Furthermore, the cash conversion cycle (CCC) is exceedingly high at 3,010,824.17 days, indicating inefficiencies in managing working capital. These challenges contribute to a lack of investor confidence and raise concerns regarding the company’s operational sustainability.
Balance Sheet Strength and Financial Ratios
Atlas Jewellery’s balance sheet appears weak, with no reported reserves or borrowings, indicating a lack of financial buffers against operational downturns. The company’s debt management strategy remains untested due to the absence of borrowings. The price-to-earnings (P/E) ratio is not available, further complicating the assessment of valuation. The company’s financial ratios reflect ongoing difficulties, with a cash conversion cycle significantly higher than industry norms, suggesting operational inefficiencies. The company’s working capital days also stood at 2,963,070.00 days, which is extraordinarily high. Such figures highlight the challenges Atlas Jewellery faces in managing its assets effectively and raising concerns about liquidity and financial health in a competitive market environment.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Atlas Jewellery indicates a high level of promoter control, with promoters holding 95.82% of the shares as of December 2021. This concentration in ownership may limit public participation and could deter institutional investors, as seen with foreign institutional investors (FIIs) holding no stake and domestic institutional investors (DIIs) holding 0.00%. The number of shareholders has declined from a peak of 7,166 in June 2022 to 4,152, indicating waning investor confidence. The public’s shareholding has also diminished significantly, which could further exacerbate liquidity issues in the stock. This concentrated ownership structure, alongside poor financial performance, raises questions about the company’s governance and strategic direction, potentially affecting future fundraising efforts and stock performance.
Outlook, Risks, and Final Insight
Looking ahead, Atlas Jewellery faces a challenging environment characterized by ongoing profitability issues and operational inefficiencies. The high cash conversion cycle and low return ratios could hinder growth prospects unless significant operational changes are made. Risks include market volatility, competition from both organized and unorganized players, and the potential for continued losses if sales do not recover. The concentration of shareholding may also pose governance risks, limiting strategic agility. However, if the company can improve its operational efficiency and manage its working capital better, there might be opportunities for recovery. A shift towards a more diversified ownership structure could also enhance investor confidence and attract institutional interest. In summary, while the company has substantial hurdles to overcome, strategic realignment and operational improvements may provide a pathway to stability and growth.
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 ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Mishka Exim Ltd | 64.8 Cr. | 44.8 | 70.5/25.0 | 80.0 | 15.8 | 0.00 % | 2.29 % | 1.60 % | 10.0 |
| Motisons Jewellers Ltd | 1,576 Cr. | 16.0 | 31.0/15.4 | 28.2 | 4.50 | 0.00 % | 14.5 % | 11.6 % | 1.00 |
| Nanavati Ventures Ltd | 57.5 Cr. | 123 | 163/43.8 | 240 | 48.2 | 0.00 % | 1.39 % | 1.03 % | 10.0 |
| Gautam Gems Ltd | 17.8 Cr. | 4.36 | 5.73/3.41 | 49.5 | 12.6 | 0.00 % | 1.35 % | 0.55 % | 10.0 |
| Eighty Jewellers Ltd | 32.6 Cr. | 32.0 | 52.0/24.1 | 8.61 | 29.8 | 0.00 % | 10.1 % | 7.05 % | 10.0 |
| Industry Average | 1,498.40 Cr | 104.39 | 60.49 | 95.58 | 0.15% | 6.26% | 4.59% | 6.29 |
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: 6.26%)
- 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: 4.59%)
- 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: 60.49)
- 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%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Industry not found | Address not found | Contact not found |