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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Goenka Diamond & Jewels Ltd

About the Company - Goenka Diamond & Jewels Ltd

Goenka Diamond & Jewels Ltd. is a Public Limited Listed company incorporated on 05/11/1990 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L36911RJ1990PLC005651 and registration number is 005651. Currently Company is involved in the business activities of Manufacture of jewellery, bijouterie and related articles. Company’s Total Operating Revenue is Rs. 4.21 Cr. and Equity Capital is Rs. 31.70 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Diamond Cutting/Precious Metals/Jewellery401, Panchratana, M. S. B. Ka Rasta, Jaipur Rajasthan 302003investors@goenkadiamonds.com
http://www.goenkadiamonds.com
Management
NamePosition Held
Mr. Nandlal GoenkaChairman
Mr. Navneet GoenkaVice Chairman & Mng.Director
Mr. Sanjeev Kumar JainExecutive Director
Mr. Bhau Sanjay DhureIndependent Director
Mrs. Dhara Atul ShahIndependent Director
Mr. Tushar R MomaiyahIndependent Director

Goenka Diamond & Jewels Ltd. Share Price Update

Share PriceValue
Today₹0.87
Previous Day₹0.87

Basic Stock Data of Goenka Diamond & Jewels Ltd

Market Cap 25.4 Cr.
Current Price 0.80
High / Low1.10/0.65
Stock P/E
Book Value 7.49
Dividend Yield0.00 %
ROCE0.41 %
ROE0.95 %
Face Value 1.00

Data Source: screener.in

Goenka Diamond & Jewels Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales2.220.920.363.280.980.000.000.520.430.440.220.080.14
Expenses2.638.280.743.391.300.480.820.710.470.910.730.560.72
Operating Profit-0.41-7.36-0.38-0.11-0.32-0.48-0.82-0.19-0.04-0.47-0.51-0.48-0.58
OPM %-18.47%-800.00%-105.56%-3.35%-32.65%-36.54%-9.30%-106.82%-231.82%-600.00%-414.29%
Other Income0.127.010.550.03-0.010.000.000.150.00-0.08-0.020.010.00
Interest0.140.160.120.140.140.140.140.170.140.140.140.140.14
Depreciation0.090.090.100.100.110.120.120.110.110.170.160.160.12
Profit before tax-0.52-0.60-0.05-0.32-0.58-0.74-1.08-0.32-0.29-0.86-0.83-0.77-0.84
Tax %-1.92%-3.33%-260.00%-3.12%-1.72%0.00%0.00%0.00%0.00%2.33%-1.20%1.30%0.00%
Net Profit-0.53-0.62-0.18-0.33-0.59-0.75-1.08-0.33-0.30-0.83-0.84-0.76-0.84
EPS in Rs-0.02-0.02-0.01-0.01-0.02-0.02-0.03-0.01-0.01-0.03-0.03-0.02-0.03

Goenka Diamond & Jewels Ltd Quarterly Chart

Goenka Diamond & Jewels Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales571.93842.49396.39102.5391.603.097.726.5912.803.504.261.630.88
Expenses564.93798.46388.5094.40122.9514.8618.4110.5014.9512.716.002.832.92
Operating Profit7.0044.037.898.13-31.35-11.77-10.69-3.91-2.15-9.21-1.74-1.20-2.04
OPM %1.22%5.23%1.99%7.93%-34.22%-380.91%-138.47%-59.33%-16.80%-263.14%-40.85%-73.62%-231.82%
Other Income27.5315.768.5711.240.761.660.590.640.788.290.010.04-0.09
Interest8.8610.1512.4517.4522.960.780.590.600.580.560.550.590.56
Depreciation1.311.211.011.160.630.750.640.510.460.420.450.550.61
Profit before tax24.3648.433.000.76-54.18-11.64-11.33-4.38-2.41-1.90-2.73-2.30-3.30
Tax %11.82%1.80%-0.67%14.47%-1.09%-32.22%0.35%-2.97%-2.07%-9.47%-0.73%0.00%
Net Profit21.4847.563.020.64-54.78-15.38-11.29-4.52-2.46-2.07-2.74-2.29-3.27
EPS in Rs0.671.500.100.02-1.73-0.49-0.36-0.14-0.08-0.07-0.09-0.07-0.11
Dividend Payout %14.82%6.67%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Goenka Diamond & Jewels Ltd Profit & Loss Yearly Chart

Goenka Diamond & Jewels Ltd Growth

Compounded Sales Growth
10 Years:-46%
5 Years:-27%
3 Years:-50%
TTM:-57%
Compounded Profit Growth
10 Years:%
5 Years:12%
3 Years:2%
TTM:-16%
Stock Price CAGR
10 Years:-13%
5 Years:22%
3 Years:-23%
1 Year:-30%
Return on Equity
10 Years:-4%
5 Years:-2%
3 Years:-2%
Last Year:-1%

Goenka Diamond & Jewels Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital31.7031.7031.7031.7031.7031.7031.7031.7031.7031.7031.7031.7031.70
Reserves251.45295.32301.22302.37248.21231.97220.64216.62214.40212.12209.52206.96205.76
Borrowings117.07144.61159.34161.59175.40184.15184.12184.12184.13182.50180.88181.24181.12
Other Liabilities160.61209.51280.15328.59381.56368.39364.10372.67373.22367.04369.15375.57376.78
Total Liabilities560.83681.14772.41824.25836.87816.21800.56805.11803.45793.36791.25795.47795.36
Fixed Assets7.6513.4111.8010.6410.019.268.628.117.667.257.096.976.69
CWIP6.680.000.000.000.000.000.000.000.000.000.000.000.00
Investments13.225.364.904.904.904.294.294.294.290.000.000.000.00
Other Assets533.28662.37755.71808.71821.96802.66787.65792.71791.50786.11784.16788.50788.67
Total Assets560.83681.14772.41824.25836.87816.21800.56805.11803.45793.36791.25795.47795.36

Goenka Diamond & Jewels Ltd Reserves and Borrowings Chart

Goenka Diamond & Jewels Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -42.13-18.63-13.4114.5711.56-0.92-0.58-0.55-0.23-1.592.70-0.55
Cash from Investing Activity 11.869.592.200.790.740.640.600.590.59-0.00-0.29-0.43
Cash from Financing Activity 33.8013.390.45-16.37-12.29-0.08-0.00-0.000.011.48-1.620.37
Net Cash Flow3.534.35-10.76-1.020.02-0.370.010.040.37-0.100.80-0.62

Goenka Diamond & Jewels Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days233.60204.90591.912,532.752,993.9288,554.4335,417.2941,945.0921,581.7778,770.1364,886.03170,828.96
Inventory Days95.5575.7696.88351.53245.291,562.69875.901,404.96598.541,052.30828.062,126.34
Days Payable95.1292.85261.401,274.361,410.9311,018.058,628.1015,823.5610,470.1224,689.1528,015.5077,615.55
Cash Conversion Cycle234.03187.82427.381,609.921,828.2879,099.0827,665.1027,526.4911,710.1955,133.2837,698.5995,339.74
Working Capital Days230.52188.05430.781,683.961,215.5029,677.2211,367.4813,075.756,654.9843,626.8935,431.5692,271.10
ROCE %8.96%13.43%3.07%3.69%-6.57%-2.40%-2.43%-0.87%-0.42%-2.07%-0.51%-0.41%

Goenka Diamond & Jewels Ltd Financial Efficiency Indicators Chart

Goenka Diamond & Jewels Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters57.55%57.55%57.55%57.55%57.55%57.55%57.55%57.55%57.55%57.55%57.55%57.55%
FIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%
DIIs4.07%4.07%4.07%4.07%4.07%4.07%4.00%3.47%3.47%3.47%3.47%3.47%
Public38.38%38.38%38.38%38.38%38.38%38.38%38.45%38.99%38.99%38.98%38.99%38.99%
No. of Shareholders16,55116,68118,49923,22823,22837,95738,17537,87137,67637,74437,06536,309

Goenka Diamond & Jewels Ltd Shareholding Pattern Chart

No. of Goenka Diamond & Jewels Ltd Shareholders

This stock is not held by any mutual fund

Goenka Diamond & Jewels Ltd ROCE Trend

Goenka Diamond & Jewels Ltd EPS Trend

Goenka Diamond & Jewels Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.001.001.001.00
Basic EPS (Rs.)-0.07-0.09-0.07-0.08-0.14
Diluted EPS (Rs.)-0.07-0.09-0.07-0.08-0.14
Cash EPS (Rs.)-0.05-0.07-0.05-0.06-0.12
Book Value[Excl.RevalReserv]/Share (Rs.)7.537.617.697.777.84
Book Value[Incl.RevalReserv]/Share (Rs.)7.537.617.697.777.84
Revenue From Operations / Share (Rs.)0.050.130.110.400.20
PBDIT / Share (Rs.)-0.03-0.05-0.26-0.04-0.10
PBIT / Share (Rs.)-0.05-0.06-0.27-0.05-0.11
PBT / Share (Rs.)-0.07-0.08-0.05-0.07-0.13
Net Profit / Share (Rs.)-0.07-0.08-0.06-0.07-0.14
NP After MI And SOA / Share (Rs.)-0.07-0.08-0.06-0.07-0.14
PBDIT Margin (%)-71.22-40.63-241.36-10.72-49.70
PBIT Margin (%)-105.09-51.10-253.24-14.29-57.44
PBT Margin (%)-141.31-64.08-54.15-18.80-66.54
Net Profit Margin (%)-141.19-64.46-59.16-19.22-68.57
NP After MI And SOA Margin (%)-141.13-64.45-59.16-19.21-68.56
Return on Networth / Equity (%)-0.96-1.13-0.84-0.99-1.81
Return on Capital Employeed (%)-0.71-0.90-3.63-0.74-1.52
Return On Assets (%)-0.28-0.34-0.26-0.30-0.56
Total Debt / Equity (X)0.750.740.010.010.01
Asset Turnover Ratio (%)0.000.010.000.010.01
Current Ratio (X)1.421.431.431.421.42
Quick Ratio (X)1.401.411.401.381.36
Inventory Turnover Ratio (X)0.140.280.150.490.16
Interest Coverage Ratio (X)-1.97-3.13-15.04-2.38-5.46
Interest Coverage Ratio (Post Tax) (X)-2.90-3.97-16.09-3.26-6.53
Enterprise Value (Cr.)207.67274.8462.938.7011.92
EV / Net Operating Revenue (X)127.8064.5717.970.671.81
EV / EBITDA (X)-179.43-158.90-7.45-6.33-3.64
MarketCap / Net Operating Revenue (X)16.5822.3416.930.541.49
Price / BV (X)0.110.390.240.020.03
Price / Net Operating Revenue (X)16.6022.3516.940.541.49
EarningsYield-0.08-0.02-0.03-0.35-0.45

Goenka Diamond & Jewels Ltd Profitability Ratios (%)

Goenka Diamond & Jewels Ltd Liquidity Ratios

Goenka Diamond & Jewels Ltd Liquidity Ratios (%)

Goenka Diamond & Jewels Ltd Interest Coverage Ratios (%)

Goenka Diamond & Jewels Ltd Valuation Ratios

Fair Value of Goenka Diamond & Jewels Ltd Stock

Fair Value: ₹1.09

The stock is undervalued by 36.08% compared to the current price ₹0.8

*Investments are subject to market risks

Strength and Weakness of Goenka Diamond & Jewels Ltd Stock

StrengthWeakness
  1. The company has higher reserves (239.74 cr) compared to borrowings (170.79 cr), indicating strong financial stability.
  1. The stock is trading at a high valuation with an average P/B ratio of -0.11 and average Dividend Yield of -96.23%.
  2. The stock has a low average ROCE of 1.12%, which may not be favorable.
  3. The stock has a high average Working Capital Days of 90.03, which may not be favorable.
  4. The stock has a high average Cash Conversion Cycle of 98.52, which may not be favorable.
  5. The company has not shown consistent growth in sales (157.34) and profit (-1.36).

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Goenka Diamond & Jewels Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE