Moksh Ornaments Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: MOKSH | Diamond & Jewellery | Small Cap

BSE Share Price
Not Listed

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Moksh Ornaments stock performance -

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P/E Ratio (SA):
13.86
Market Cap:
94.4 Cr.
52-wk low:
0
52-wk high:
0

Is Moksh Ornaments Ltd an attractive stock to invest in?

1. Is Moksh Ornaments Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Moksh Ornaments Ltd is a below average quality company.

2. Is Moksh Ornaments Ltd undervalued or overvalued?

The key valuation ratios of Moksh Ornaments Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Moksh Ornaments Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Moksh Ornaments Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Moksh Ornaments:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Moksh Ornaments Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.6%8.8%7.2%12.5%11.2%9.9%6.7%8.4%8.6%11.8%-
Value Creation
Index
-0.5-0.4-0.5-0.1-0.2-0.3-0.5-0.4-0.4-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 81111143240310381344337324447448
Sales YoY Gr.-36.9%29%67.7%29.2%23%-9.7%-2.1%-3.8%37.8%-
Adj EPS 0.50.20.11.20.70.90.60.90.91.11.3
YoY Gr.--65.4%-66.7%1900%-39.2%21.9%-30.3%38.7%1.2%27.6%-
BVPS (₹) 2.73.13.14.34.85.76.77.58.49.510.4
Adj Net
Profit
0.10.20.23.13.94.83.34.64.767
Cash Flow from Ops. 00.7-13.8-8.5-8.32.718.7-12326-21.3-
Debt/CF from Ops. 023.2-1.9-4.2-4.118.23.2-0.30.2-1.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 20.9%7.6%9.1%37.8%
Adj EPS 8.8%8.7%21.4%27.6%
BVPS15.2%14.6%12.3%13.6%
Share Price - -4.8% -29.7% 73.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
21.99.62.832.521.2171012.11112.412.8
Op. Profit
Mgn %
1.92.11.932.82.41.82.52.22.33
Net Profit
Mgn %
0.20.20.11.31.31.311.41.51.31.5
Debt to
Equity
27.15.53.23.31.31.61.70.90.10.5-
Working Cap
Days
7472846760556773654937
Cash Conv.
Cycle
6858655957526069644822

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.80%

Net Profit is growing at healthy rate in last 3 years 21.43%

Debt to equity has declined versus last 3 years average to 0.54

Sales growth has been subdued in last 3 years 9.09%

Sales growth is not so good in last 4 quarters at 9.89%

Latest Financials - Moksh Ornaments Ltd.

Standalone Consolidated
TTM EPS (₹) 1.3 -
TTM Sales (₹ Cr.) 448 -
BVPS (₹.) 10.4 -
Reserves (₹ Cr.) 45 -
P/BV 1.69 -
PE 13.86 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 94.4
Equity (₹ Cr.) 10.7
Face Value (₹) 2
Industry PE 81

Management X-Ray of Moksh Ornaments:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Moksh Ornaments

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales80.95110.81142.96239.72309.71380.87343.95336.76324.03446.59
Operating Expenses 79.42108.54140.29232.56301.20371.69337.79328.23316.93436.37
Manufacturing Costs1.322.353.312.672.863.943.594.204.164.40
Material Costs77.73105.83136.52229.36296.64366.33331.75320.71309.59429.11
Employee Cost 0.080.080.150.220.270.370.240.470.680.80
Other Costs 0.290.280.310.311.431.062.212.852.512.06
Operating Profit 1.532.272.677.168.509.176.168.537.1010.22
Operating Profit Margin (%) 1.9%2.0%1.9%3.0%2.7%2.4%1.8%2.5%2.2%2.3%
Other Income 00.100.050.210.310.604.713.120.890.61
Interest 1.312.082.462.792.943.043.713.740.912.20
Depreciation 0.030.040.040.030.020.020.020.160.160.15
Exceptional Items 0000000000
Profit Before Tax 0.190.250.224.555.856.717.137.756.918.48
Tax 0.060.080.071.451.931.911.792.081.782.35
Profit After Tax 0.130.170.153.103.924.805.355.665.136.13
PAT Margin (%) 0.2%0.2%0.1%1.3%1.3%1.3%1.6%1.7%1.6%1.4%
Adjusted EPS (₹)0.40.10.00.80.70.91.01.11.01.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%10%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 0.662.837.9811.0825.8230.6235.9740.2744.8651
Share Capital 0.501.835.175.1710.7310.7310.7310.7310.7310.73
Reserves 0.1612.825.9215.0919.8925.2329.5334.1340.27
Minority Interest0000000000
Debt17.9915.5925.6935.9033.9349.5359.8635.543.7827.55
Long Term Debt4.674.883.110.8800053.632.89
Short Term Debt13.3210.7122.5835.0233.9349.5359.8630.540.1524.66
Trade Payables1.296.957.332.1102.624.040.050.100.03
Others Liabilities 0.141.2833.242.421.943.453.210.840.90
Total Liabilities 20.0826.654452.3362.1784.71103.3179.0749.5879.48

Fixed Assets

Gross Block0.121.691.761.871.851.850.260.821.221.22
Accumulated Depreciation0.0300.110000.210.610.780.93
Net Fixed Assets0.091.691.661.871.851.850.060.200.450.29
CWIP 0000000000
Investments 00000000.050.050.05
Inventories16.5921.6926.8337.8143.3846.4627.2323.5615.2243.63
Trade Receivables1.813.1312.998.529.8610.4035.3944.5230.4729.01
Cash Equivalents 1.470.011.263.824.5922.8937.539.462.735.23
Others Assets0.120.131.270.312.503.113.101.270.671.27
Total Assets 20.0826.654452.3362.1784.71103.3179.0749.5879.48

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 00.67-13.84-8.48-8.292.7218.67-12325.96-21.27
PBT 00.250.223.105.646.717.137.755.136.13
Adjustment 02.122.504.272.963.072.083.901.052.35
Changes in Working Capital 00.47-14.03-11.61-12.01-2.111.25-134.6520.68-27.56
Tax Paid 0-0.08-0.07-1.45-1.94-1.91-1.790-0.91-2.20
Cash Flow From Investing Activity 0-1.640-0.240-0.02-10.6576.58-0.410
Capex 0-1.640-0.240-0.021.7664.43-0.410
Net Investments 000000-14.0212.1400
Others 0000001.600.0100
Cash Flow From Financing Activity 0-0.5015.1010.219.0615.606.62-220.72-32.2923.77
Net Proceeds from Shares 025011.0300000
Net Proceeds from Borrowing 00.11-1.77-2.23-0.8800-29.93-1.37-0.74
Interest Paid 000000-3.71-3.7400
Dividend Paid 0000000000
Others 0-2.6111.8712.45-1.1015.6010.33-187.05-30.9224.51
Net Cash Flow 0-1.461.251.490.7718.3014.64-267.15-6.742.50
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)21.919.622.8132.6121.2917.0316.0814.8612.0612.8
ROCE (%)9.3712.5810.318.2316.513.9512.3313.3912.5716.8
Asset Turnover Ratio4.74.744.054.985.415.193.663.695.046.92
PAT to CFO Conversion(x)03.94-92.27-2.74-2.110.573.49-21.735.06-3.47
Working Capital Days
Receivable Days982116111024434224
Inventory Days64636249484339282224
Payable Days514198034200

Moksh Ornaments Ltd Stock News

Moksh Ornaments Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Moksh Ornaments on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Moksh Ornaments stood at ₹94.44.
The latest P/E ratio of Moksh Ornaments as of 01-Jan-1970 05:30 is 13.86.
The latest P/B ratio of Moksh Ornaments as of 01-Jan-1970 05:30 is 1.69.
The 52-week high of Moksh Ornaments is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Moksh Ornaments is ₹448.0 ( Cr.) .

About Moksh Ornaments Ltd

Moksh Ornaments Ltd. has contributed its bit by carving designs of gold jewellery and specialist in various types of gold bangles, a brand that offers a tantalizing blend of modern and traditional jewellery. Born into family of jewellers Director, Mr. Amrit J Shah took his legacy across India conquering new markets and adapting modern technologies for creating exquisite prices of jewellery.

Every product manufactured by the company undergoes strict quality endurance test where quality parameter is fully met. The jewellery is crafted with perfection, precision and meticulous attention to detail which makes every piece special. Right from its inception the Company has been guided by only one principle and that is we must offer the customer the best because they deserve the best.

Business area of the company

The company is engaged in manufacturing and distribution of jewelry products. The Company provides gold jewelry products such as rings, bangles, chains, earrings, and necklaces.

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