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Last Updated on: 13 June, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Goldiam International Ltd

About the Company - Goldiam International Ltd

Goldiam International Ltd. is a Public Limited Listed company incorporated on 10/10/1986 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L36912MH1986PLC041203 and registration number is 041203. Currently company belongs to the Industry of Diamond Cutting/Precious Metals/Jewellery. Company’s Total Operating Revenue is Rs. 390.73 Cr. and Equity Capital is Rs. 21.79 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Gems, Jewellery & Precious MetailsGems & Jewellery Complex, MIDC, Mumbai Maharashtra 400096investorrelations@goldiam.com
http://www.goldiam.com
Management
NamePosition Held
Mr. Rashesh M BhansaliExecutive Chairman
Mr. Anmol R BhansaliWhole Time Director
Mrs. Tulsi GuptaNon Exe.Non Ind.Director
Mr. Ajay M KhatlawalaIndependent Director
Mr. Pannkaj C GhadialiIndependent Director
Mr. Nipa Utpal ShethIndependent Director

Basic Stock Data of Goldiam International Ltd

Last Updated: June 13, 2024, 6:34 am

Market Cap 1,770 Cr.
Current Price 166
High / Low217/120
Stock P/E19.5
Book Value 59.0
Dividend Yield1.21 %
ROCE19.8 %
ROE15.0 %
Face Value 2.00
PEG Ratio1.49

Goldiam International Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales15712915116621815213585178135120133202
Expenses1181081221441671251096314511297106161
Operating Profit39212922512826233323222741
OPM %25%16%19%13%23%18%19%27%18%17%19%21%20%
Other Income1834966687-0163
Interest00001-000-0-0000
Depreciation1111111222112
Profit before tax56223229553331283921233242
Tax %19%59%26%32%28%30%30%32%25%21%23%26%23%
Net Profit4592419402321192916172332
EPS in Rs3.510.872.131.753.632.071.951.702.621.481.582.193.04

Last Updated: June 11, 2024, 2:42 am

Goldiam International Ltd Quarterly Chart

Goldiam International Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales245264311320326308311435365406688533566
Expenses226242287298295280285379320328558429461
Operating Profit19232522322826564578130104105
OPM %8%9%8%7%10%9%8%13%12%19%19%20%19%
Other Income81061315811182223252115
Interest444323232110-0
Depreciation2223333324577
Profit before tax20262428423133686297149117114
Tax %23%27%27%23%21%34%38%32%27%31%29%27%
Net Profit161918223321204645671068586
EPS in Rs1.221.501.371.702.611.681.624.324.235.509.657.757.83
Dividend Payout %25%20%18%18%19%24%19%14%31%29%12%26%

Goldiam International Ltd Profit & Loss Yearly Chart

Goldiam International Ltd Growth

Compounded Sales Growth
10 Years:7%
5 Years:7%
3 Years:14%
TTM:13%
Compounded Profit Growth
10 Years:20%
5 Years:15%
3 Years:21%
TTM:8%
Stock Price CAGR
10 Years:37%
5 Years:48%
3 Years:26%
1 Year:27%
Return on Equity
10 Years:13%
5 Years:15%
3 Years:17%
Last Year:15%

Last Updated: June 10, 2024, 4:59 pm

Goldiam International Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital25252525252525232222222221
Reserves184199213231256305331361388443498564569
Borrowings69100788248313726823433
Other Liabilities7387101949387916787126108114105
Total Liabilities352410417433422448483477505614632702699
Fixed Assets17262623232223232243424545
CWIP0002220000000
Investments97120109115115163146167203219140151185
Other Assets238264281294282261315288279351450506469
Total Assets352410417433422448483477505614632702699

Goldiam International Ltd Reserves and Borrowings Chart

Goldiam International Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 22-21155913-15866749-1065
Cash from Investing Activity -17-2714-19-1627-11-24-1295-15
Cash from Financing Activity 1423-27-0-45-274-41-52-0-90-31
Net Cash Flow18-6-121422-301634-937-519

Goldiam International Ltd Financial Efficiency Indicators

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days172144156130113129711001169510186
Inventory Days189195160148204208118125144133257199
Days Payable1091091001021051085396125519360
Cash Conversion Cycle251231216176212229136129135177264225
Working Capital Days237218219179202238136139135139200267
ROCE %7%7%8%11%10%9%17%15%18%29%21%

Goldiam International Ltd Financial Efficiency Indicators Chart

Goldiam International Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters66.27%66.27%66.39%66.39%66.39%66.39%66.39%66.39%66.39%66.60%64.26%64.26%
FIIs0.00%0.39%0.47%0.10%0.00%0.08%0.00%0.06%0.03%0.01%0.00%0.07%
DIIs0.00%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public33.73%33.33%33.14%33.51%33.60%33.52%33.61%33.54%33.56%33.39%35.75%35.67%
No. of Shareholders19,07337,85036,54043,68147,25946,68847,70951,43557,51461,32864,90263,002

Goldiam International Ltd Shareholding Pattern Chart

No. of Goldiam International Ltd Shareholders

This stock is not held by any mutual fund

Goldiam International Ltd ROCE Trend

Goldiam International Ltd EPS Trend

Goldiam International Ltd Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue2.002.002.0010.0010.00
Basic EPS (Rs.)8.517.829.6130.2619.73
Diluted EPS (Rs.)8.397.829.6130.2619.73
Cash EPS (Rs.)9.088.5010.2231.8821.54
Book Value[Excl.RevalReserv]/Share (Rs.)59.5054.3448.27217.04187.33
Book Value[Incl.RevalReserv]/Share (Rs.)59.5054.3448.27217.04187.33
Revenue From Operations / Share (Rs.)56.4548.9363.11183.09164.38
PBDIT / Share (Rs.)12.0111.4714.2038.4729.57
PBIT / Share (Rs.)11.4410.7913.7036.8428.45
PBT / Share (Rs.)11.4310.7813.6443.8227.96
Net Profit / Share (Rs.)8.517.829.7230.2520.42
NP After MI And SOA / Share (Rs.)8.517.759.6527.5221.14
PBDIT Margin (%)21.2623.4322.4921.0117.99
PBIT Margin (%)20.2522.0521.7020.1217.31
PBT Margin (%)20.2522.0321.6123.9317.01
Net Profit Margin (%)15.0715.9715.4016.5112.42
NP After MI And SOA Margin (%)15.0715.8315.2915.0312.86
Return on Networth / Equity (%)14.4114.4120.2313.1211.43
Return on Capital Employeed (%)19.0219.6328.1116.8915.17
Return On Assets (%)12.3711.9716.639.939.28
Total Debt / Equity (X)0.000.150.010.040.01
Asset Turnover Ratio (%)0.830.790.860.520.44
Current Ratio (X)7.326.005.574.064.81
Quick Ratio (X)4.913.663.833.233.76
Inventory Turnover Ratio (X)1.401.813.902.281.96
Dividend Payout Ratio (NP) (%)0.0033.5612.540.0029.39
Dividend Payout Ratio (CP) (%)0.0030.8611.920.0027.91
Earning Retention Ratio (%)0.0066.4487.46100.0070.61
Cash Earning Retention Ratio (%)0.0069.1488.08100.0072.09
Interest Coverage Ratio (X)4628.961242.11228.16285.6259.90
Interest Coverage Ratio (Post Tax) (X)3282.86847.80157.28172.7542.36
Enterprise Value (Cr.)1682.671388.421570.39703.13154.40
EV / Net Operating Revenue (X)2.792.602.281.730.42
EV / EBITDA (X)13.1211.1110.158.242.35
MarketCap / Net Operating Revenue (X)3.022.622.401.860.53
Retention Ratios (%)0.0066.4387.4599.9970.60
Price / BV (X)2.892.393.171.630.47
Price / Net Operating Revenue (X)3.022.622.401.860.53
EarningsYield0.040.060.060.080.23

Goldiam International Ltd Profitability Ratios (%)

Goldiam International Ltd Liquidity Ratios

Goldiam International Ltd Liquidity Ratios (%)

Goldiam International Ltd Interest Coverage Ratios (%)

Goldiam International Ltd Valuation Ratios

Fair Value

Fair Value: 174.66

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

Undervalued: 5.22% compared to the current price 166

Default values used*: Deafault value of 15% for ROE is used

Intrinsic Value: 197.55

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 19.01% compared to the current price ₹166

Default values used*: Deafault value of 15% for ROE is used

Last 5 Year EPS CAGR: 13.11%

*Investments are subject to market risks

Strength and Weakness of Goldiam International Ltd Stock

StrengthWeakness
  1. The company has higher reserves (349.38 cr) compared to borrowings (39.38 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (390.62 cr) and profit (62.38 cr) over the years.
  1. The stock has a low average ROCE of 12.67%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 192.42, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 198.42, which may not be favorable.

FAQ

What is the latest fair value of Goldiam International Ltd?

The latest fair value of Goldiam International Ltd is ₹174.66.

What is the Market Cap of Goldiam International Ltd?

The Market Cap of Goldiam International Ltd is 1,770 Cr..

What is the current Stock Price of Goldiam International Ltd as on 13 June 2024?

The current stock price of Goldiam International Ltd as on 13 June 2024 is ₹166.

What is the High / Low of Goldiam International Ltd stocks in FY 2024?

In FY 2024, the High / Low of Goldiam International Ltd stocks is 217/120.

What is the Stock P/E of Goldiam International Ltd?

The Stock P/E of Goldiam International Ltd is 19.5.

What is the Book Value of Goldiam International Ltd?

The Book Value of Goldiam International Ltd is 59.0.

What is the Dividend Yield of Goldiam International Ltd?

The Dividend Yield of Goldiam International Ltd is 1.21 %.

What is the ROCE of Goldiam International Ltd?

The ROCE of Goldiam International Ltd is 19.8 %.

What is the ROE of Goldiam International Ltd?

The ROE of Goldiam International Ltd is 15.0 %.

What is the Face Value of Goldiam International Ltd?

The Face Value of Goldiam International Ltd is 2.00.

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 Goldiam International 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