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Last Updated: April 2, 2026, 4:42 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 523676 | NSE: GOLKUNDIA

Golkunda Diamonds & Jewellery Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹245.30Fairly Valued by 8.81%vs CMP ₹269.00

P/E (15.4) × ROE (19.8%) × BV (₹100.00) × DY (0.56%)

₹186.84Overvalued by 30.54%vs CMP ₹269.00
MoS: -44% (Negative)Confidence: 66/100 (Moderate)Models: 1 Fair, 9 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹271.1520%Fair (+0.8%)
Graham NumberEarnings₹198.2015%Over (-26.3%)
Earnings PowerEarnings₹70.0910%Over (-73.9%)
DCFCash Flow₹241.3412%Over (-10.3%)
Net Asset ValueAssets₹100.707%Over (-62.6%)
EV/EBITDAEnterprise₹189.888%Over (-29.4%)
Dividend DiscountDividends₹66.008%Over (-75.5%)
Earnings YieldEarnings₹174.607%Over (-35.1%)
ROCE CapitalReturns₹213.868%Over (-20.5%)
Revenue MultipleRevenue₹181.255%Over (-32.6%)
Consensus (10 models)₹186.84100%Overvalued
Key Drivers: Wide model spread (₹66–₹271) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 10.5%

*Investments are subject to market risks

Investment Snapshot

60
Golkunda Diamonds & Jewellery Ltd scores 60/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health71/100 · Strong
ROCE 19.9% GoodROE 19.8% ExcellentD/E 1.08 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money50/100 · Moderate
Promoter holding at 72.8% Stable
Earnings Quality50/100 · Moderate
OPM stable around 8% Steady
Quarterly Momentum40/100 · Moderate
Revenue (4Q): 1% YoY FlatProfit (4Q): -12% YoY Declining
Industry Rank85/100 · Strong
P/E 15.4 vs industry 30.8 Cheaper than peersROCE 19.9% vs industry 14.3% Above peersROE 19.8% vs industry 13.8% Above peers3Y sales CAGR: 2% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Golkunda Diamonds & Jewellery Ltd Investor Signals

Computed from valuation, cash flow, balance sheet, ownership and quarterly trend data already available in this stock page.

Value Trap Score
20/100
Low
Derived from: Cheapness + weak quality + weak cash support
Current data: P/E 15.4 vs Ind 30.8 | ROCE 19.9% | ROE 19.8% | CFO/NP N/A
Balance Sheet Stress
30/100
Comfortable
Derived from: Leverage + debt servicing + liquidity + debt trend
Current data: D/E 1.08x | IntCov 0.0x | Current 1.53x | Borrow/Reserve 0.57x
Cash Flow Reliability
14/100
Weak
Derived from: Cash backing of earnings + working capital pressure
Current data: CFO ₹0 Cr | NP ₹12 Cr | CFO/NP N/A
Ownership Accumulation
0
Neutral
Derived from: FII + DII + promoter direction, adjusted by crowding
Current data: FII N/A | DII N/A | Prom 0.00 pp
Business Momentum
+4
Stable
Derived from: Latest quarter sales + profit + OPM change
Current data: Q Sales -22.7% | Q NP +11.3% | Q OPM +3.2 pp
Derived FieldValueHow it is derived
Valuation Gap %-30.5%((Fair Value - CMP) / CMP) × 100
Borrowings / Reserves0.57xLatest borrowings divided by latest reserves
CFO / Net ProfitN/ALatest operating cash flow divided by latest net profit
FII ChangeN/ALatest FII% minus previous FII%
DII ChangeN/ALatest DII% minus previous DII%
Promoter Change0.00 ppLatest promoter% minus previous promoter%
Shareholder Count Change+173Latest shareholder count minus previous count
Quarterly Sales Change-22.7%Latest quarter sales vs previous quarter sales
Quarterly Profit Change+11.3%Latest quarter net profit vs previous quarter net profit
Quarterly OPM Change+3.2 ppLatest quarter OPM minus previous quarter OPM

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:42 am

Market Cap 187 Cr.
Current Price 269
Intrinsic Value₹186.84
High / Low 315/156
Stock P/E15.4
Book Value 100
Dividend Yield0.56 %
ROCE19.9 %
ROE19.8 %
Face Value 10.0
PEG Ratio1.46

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Golkunda Diamonds & Jewellery Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Golkunda Diamonds & Jewellery Ltd 187 Cr. 269 315/15615.4 1000.56 %19.9 %19.8 % 10.0
Kalyan Jewellers India Ltd 39,977 Cr. 387 618/34834.6 51.70.39 %15.0 %16.0 % 10.0
Amanaya Ventures Ltd 8.04 Cr. 21.5 22.8/12.242.3 14.70.00 %7.93 %5.61 % 10.0
Industry Average20,082.00 Cr225.8330.7755.470.32%14.28%13.80%10.00

All Competitor Stocks of Golkunda Diamonds & Jewellery Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 55.8656.1254.9044.4550.4580.6760.0156.8373.8061.8169.4480.9462.60
Expenses 52.1852.4153.4941.4545.3673.9254.0054.7066.0757.9364.5175.7456.56
Operating Profit 3.683.711.413.005.096.756.012.137.733.884.935.206.04
OPM % 6.59%6.61%2.57%6.75%10.09%8.37%10.01%3.75%10.47%6.28%7.10%6.42%9.65%
Other Income 0.100.160.150.160.150.190.160.160.160.250.180.180.18
Interest 0.790.650.740.740.730.801.160.321.090.630.630.821.24
Depreciation 0.160.180.230.240.240.280.280.280.280.270.280.290.28
Profit before tax 2.833.040.592.184.275.864.731.696.523.234.204.274.70
Tax % 22.26%23.36%25.42%25.23%25.06%25.77%25.16%37.87%24.39%28.79%25.24%25.53%24.68%
Net Profit 2.202.340.441.633.194.363.541.054.932.303.143.183.54
EPS in Rs 3.163.360.632.344.586.265.081.517.083.304.514.575.08

Last Updated: February 1, 2026, 6:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 27, 2026, 6:20 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 12093988486109133173238233230252275
Expenses 10986908082104128168226218214233255
Operating Profit 1178444551215162020
OPM % 9%8%8%4%5%4%4%3%5%7%7%8%7%
Other Income -00-00000000111
Interest 3432322123333
Depreciation 0000000011111
Profit before tax 834112341013131616
Tax % 36%37%33%35%33%31%29%30%29%25%25%27%
Net Profit 5231112379101212
EPS in Rs 7.252.894.051.191.231.943.133.8610.5813.5413.8116.9717.46
Dividend Payout % 7%17%15%29%0%41%32%31%14%11%11%9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-60.00%50.00%-66.67%0.00%0.00%100.00%50.00%133.33%28.57%11.11%20.00%
Change in YoY Net Profit Growth (%)0.00%110.00%-116.67%66.67%0.00%100.00%-50.00%83.33%-104.76%-17.46%8.89%

Golkunda Diamonds & Jewellery Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:10%
5 Years:14%
3 Years:2%
TTM:11%
Compounded Profit Growth
10 Years:19%
5 Years:40%
3 Years:17%
TTM:-10%
Stock Price CAGR
10 Years:28%
5 Years:55%
3 Years:6%
1 Year:-27%
Return on Equity
10 Years:14%
5 Years:19%
3 Years:20%
Last Year:20%

Last Updated: September 5, 2025, 3:40 pm

Balance Sheet

Last Updated: March 3, 2026, 1:05 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 7777777777777
Reserves 13151718192021243039475863
Borrowings 32353435343029334140393636
Other Liabilities 9368878141920202730
Total Liabilities 616065686765657797106114128136
Fixed Assets 33332334481099
CWIP 0000000000000
Investments 0000000000011
Other Assets 58576265656262749398104118125
Total Assets 616065686765657797106114128136

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + -4-3-114322-51158
Cash from Investing Activity + 7031-021-3-2-5-3-1
Cash from Financing Activity + -32-1-2-3-6-326-4-5-7
Net Cash Flow -00100-101-12-20
Free Cash Flow -5-3-113211-6638
CFO/OP -31%3%5%64%95%86%69%48%-20%91%48%67%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-21.00-28.00-26.00-31.00-30.00-26.00-24.00-28.00-29.00-25.00-23.00-16.00

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.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 11514815817818413095778494129129
Inventory Days 617065857358605541391827
Days Payable 18316292922192626283339
Cash Conversion Cycle 15821520723422816613510699104115116
Working Capital Days 486770818063523742425564
ROCE %21%13%13%6%6%7%8%9%17%18%18%20%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 73.59%73.59%73.60%73.57%72.80%72.80%72.76%72.76%72.79%72.82%72.82%72.82%
Public 26.42%26.42%26.41%26.43%27.19%27.21%27.23%27.23%27.21%27.18%27.18%27.19%
No. of Shareholders 6,6856,7216,8376,8158,1097,9938,6408,4928,6438,4438,3108,483

Shareholding Pattern Chart

No. of Shareholders

Golkunda Diamonds & Jewellery Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 16.9713.8113.5410.583.86
Diluted EPS (Rs.) 16.9713.8113.5410.583.86
Cash EPS (Rs.) 18.5615.2414.4711.464.54
Book Value[Excl.RevalReserv]/Share (Rs.) 93.9177.5965.2953.2143.86
Book Value[Incl.RevalReserv]/Share (Rs.) 93.9177.5965.2953.2143.86
Dividend / Share (Rs.) 1.501.501.501.501.20
Revenue From Operations / Share (Rs.) 362.49330.94335.21341.84249.07
PBDIT / Share (Rs.) 29.4124.2722.6518.458.25
PBIT / Share (Rs.) 27.8122.8321.7117.587.58
PBT / Share (Rs.) 23.2218.5117.9714.985.55
Net Profit / Share (Rs.) 16.9713.8113.5410.583.86
PBDIT Margin (%) 8.117.336.755.393.31
PBIT Margin (%) 7.676.896.475.143.04
PBT Margin (%) 6.405.595.364.382.22
Net Profit Margin (%) 4.684.174.033.091.55
Return on Networth / Equity (%) 18.0617.8020.7319.898.80
Return on Capital Employeed (%) 29.1328.7731.8032.2916.83
Return On Assets (%) 9.208.328.887.583.47
Long Term Debt / Equity (X) 0.000.010.020.000.00
Total Debt / Equity (X) 0.550.720.881.111.08
Asset Turnover Ratio (%) 2.072.082.302.732.43
Current Ratio (X) 1.901.751.671.491.53
Quick Ratio (X) 1.651.591.301.091.01
Inventory Turnover Ratio (X) 20.0012.578.988.807.27
Dividend Payout Ratio (NP) (%) 8.8410.8511.0811.3325.88
Dividend Payout Ratio (CP) (%) 8.089.8310.3610.4722.04
Earning Retention Ratio (%) 91.1689.1588.9288.6774.12
Cash Earning Retention Ratio (%) 91.9290.1789.6489.5377.96
Interest Coverage Ratio (X) 6.405.626.057.094.06
Interest Coverage Ratio (Post Tax) (X) 4.694.204.625.072.90
Enterprise Value (Cr.) 160.43136.5191.3199.9040.07
EV / Net Operating Revenue (X) 0.630.590.390.410.23
EV / EBITDA (X) 7.838.085.797.776.97
MarketCap / Net Operating Revenue (X) 0.530.460.270.260.07
Retention Ratios (%) 91.1589.1488.9188.6674.11
Price / BV (X) 2.082.001.391.730.44
Price / Net Operating Revenue (X) 0.530.460.270.260.07
EarningsYield 0.080.080.140.110.19

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Golkunda Diamonds & Jewellery Ltd. is a Public Limited Listed company incorporated on 30/10/1990 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L36912MH1990PLC058729 and registration number is 058729. Currently Company is involved in the business activities of Manufacture of jewellery and related articles. Company's Total Operating Revenue is Rs. 252.44 Cr. and Equity Capital is Rs. 6.96 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Gems, Jewellery & Precious MetalsG-30, Gems & Jewellery Complex - III, Mumbai Maharashtra 400096Contact not found
Management
NamePosition Held
Mr. Kanti Kumar DadhaChairman & Wholetime Director
Mr. Arvind DadhaManaging Director
Mr. Ashish DadhaDirector & CFO
Mr. Vinod KankariyaIndependent Director
Mr. Shashi Ashok BekalIndependent Director
Mrs. Rajul Manan JoganiIndependent Director

FAQ

What is the intrinsic value of Golkunda Diamonds & Jewellery Ltd and is it undervalued?

As of 05 April 2026, Golkunda Diamonds & Jewellery Ltd's intrinsic value is ₹186.84, which is 30.54% lower than the current market price of ₹269.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (19.8 %), book value (₹100), dividend yield (0.56 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Golkunda Diamonds & Jewellery Ltd?

Golkunda Diamonds & Jewellery Ltd is trading at ₹269.00 as of 05 April 2026, with a FY2026-2027 high of ₹315 and low of ₹156. The stock is currently in the middle of its 52-week range. Market cap stands at ₹187 Cr..

How does Golkunda Diamonds & Jewellery Ltd's P/E ratio compare to its industry?

Golkunda Diamonds & Jewellery Ltd has a P/E ratio of 15.4, which is below the industry average of 30.77. This is broadly in line with or below the industry average.

Is Golkunda Diamonds & Jewellery Ltd financially healthy?

Key indicators for Golkunda Diamonds & Jewellery Ltd: ROCE of 19.9 % indicates efficient capital utilization; ROE of 19.8 % shows strong shareholder returns. Dividend yield is 0.56 %.

Is Golkunda Diamonds & Jewellery Ltd profitable and how is the profit trend?

Golkunda Diamonds & Jewellery Ltd reported a net profit of ₹12 Cr in Mar 2025 on revenue of ₹252 Cr. Compared to ₹7 Cr in Mar 2022, the net profit shows an improving trend.

Does Golkunda Diamonds & Jewellery Ltd pay dividends?

Golkunda Diamonds & Jewellery Ltd has a dividend yield of 0.56 % at the current price of ₹269.00. The company pays dividends, though the yield is modest.

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 Golkunda Diamonds & Jewellery 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
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