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10 Yrs X-Ray 
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About
Esprit Stones Ltd (ESPRIT)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ESPRIT Ceramics/Marble/Granite/Sanitaryware | Small Cap | Esprit Stones Share Price
BSE Share Price
Not Listed
Not Listed
Esprit Stones Ltd (ESPRIT)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: ESPRIT Ceramics/Marble/Granite/Sanitaryware | Small Cap | Esprit Stones Share Price
BSE Share Price
Not Listed
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹147 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹-1.2
TTM Sales
₹173 Cr.
Book Value per Share
₹60.1
P/E Ratio
0.00
Lower than its 5-year historical median
Industry PE
34.5
Price to Book (P/B)
1.11
Lower than its 5-year historical median
Price to Sales (P/S)
0.85
Lower than its 5-year historical median
EV/EBITDA
21.34
Higher than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
-2.91%
Underperforms industry median
Return on Capital Employed (ROCE)
0.00%
Underperforms industry median
Return on Assets (ROA)
-1.40%
Underperforms industry median
Operating Profit Margin
3.3%
Underperforms industry median
Net Profit Margin
-2.23%
Underperforms industry median
Gross Profit Margin
2.5%
Underperforms industry median
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-34.64%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-84.56%
Net Profit Growth (1 Year)
-
-122.38%
Asset Quality
Promoter Holding
73.63%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹110 Cr.
Equity
₹22 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00
Check Before You Invest
Quality
Somewhat GoodValuation
Somewhat UndervaluedCheck Valuation charts
Price Trend
Semi Strong
Is Esprit Stones Ltd a good quality company?
Esprit Stones Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Esprit Stones Ltd performance compare with that of its Peers?
Revenue growth of Esprit Stones Ltd vs industry peers?
Esprit Stones Ltd revenue CAGR is 3.66%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Promoter shareholding and pledge status of Esprit Stones Ltd?
Promoters hold 73.63% of the Esprit Stones Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Esprit Stones Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -7.22% based on the current price.
10 Year X-Ray :
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 endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
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.
Esprit Stones Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 27.8% | 25.6% | 7.8% | 15% | 10.3% | -2.1% | - |
| Value Creation Index ⓘ | 1.0 | 0.8 | -0.5 | 0.1 | -0.3 | -1.2 | - |
Growth Parameters ⓘ |
|||||||
| Sales ⓘ | 144 | 186 | 131 | 160 | 193 | 126 | 126 |
| Sales YoY Gr. | - | 29.4% | -29.6% | 21.9% | 20.5% | -34.6% | - |
| Adj EPS ⓘ | 9.2 | 10.6 | 2.1 | 5.6 | 3 | -3.8 | -2.2 |
| YoY Gr. | - | 15% | -80.4% | 169.2% | -45.7% | -224.7% | - |
| BVPS (₹) ⓘ | 25 | 36.6 | 38.9 | 45.3 | 57.8 | 55.7 | 55.7 |
| Adj Net Profit ⓘ | 14.9 | 17.1 | 3.4 | 9.1 | 6.7 | -8.3 | -5 |
| Cash Flow from Ops. ⓘ | 4.9 | 21.3 | -13.4 | 25.6 | -1.1 | -7.5 | - |
| Debt/CF from Ops. ⓘ | 10.1 | 2.2 | -4.2 | 1.7 | -33.1 | -5.3 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | -2.7% | -1.4% | -34.6% | ||||
| Adj EPS ⓘ | NA | -183.7% | -222.1% | -224.7% | ||||
| BVPSⓘ | NA | 17.3% | 12.7% | -3.7% | ||||
| Share Price | - | - | - | -7.2% | ||||
Key Financial Parameters ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 36.8 | 34.4 | 5.5 | 13.3 | 6.7 | -6.7 | -3.9 |
| Op. Profit Mgn % ⓘ | 19.3 | 15.9 | 8.9 | 11.4 | 7.4 | -4.1 | NAN |
| Net Profit Mgn % ⓘ | 10.3 | 9.2 | 2.6 | 5.7 | 3.5 | -6.6 | -3.8 |
| Debt to Equity ⓘ | 1.2 | 0.8 | 0.9 | 0.6 | 0.3 | 0.3 | - |
| Working Cap Days ⓘ | 0 | 142 | 240 | 208 | 214 | 357 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 26 | 68 | 71 | 71 | 147 | 0 |
Valuation of Esprit Stones - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|
| Sales | 144 | 186 | 174 | 273 | 321 | 173 |
| Operating Expenses ⓘ + | 116 | 157 | 157 | 242 | 284 | 167 |
| Operating Profit ⓘ | 28 | 30 | 17 | 31 | 37 | 6 |
| Operating Profit Margin (%) | 19.3% | 15.9% | 9.9% | 11.5% | 11.5% | 3.3% |
| Other Income ⓘ + | 2 | 4 | 2 | 2 | 2 | 3 |
| Interest ⓘ | 3 | 3 | 6 | 10 | 8 | 5 |
| Depreciation ⓘ | 5 | 6 | 7 | 9 | 10 | 10 |
| Profit Before Tax ⓘ | 22 | 24 | 5 | 14 | 22 | -5 |
| Tax ⓘ | 6 | 5 | 2 | 4 | 5 | -1 |
| Profit After Tax | 15 | 19 | 4 | 10 | 17 | -4 |
| PAT Margin (%) | 10.7% | 9.9% | 2.0% | 3.8% | 5.4% | -2.2% |
| Adjusted EPS (₹) | 9.6 | 11.5 | 2.1 | 6.3 | 7.1 | -1.2 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | |||||||||||
| Shareholders Fund + | 40 | 59 | 62 | 72 | 133 | 132 | |||||
| Debt + | 44 | 51 | 108 | 112 | 94 | 50 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 2 | 0 | |||||
| Trade Payables | 34 | 43 | 38 | 51 | 59 | 33 | |||||
| Others Liabilities ⓘ | 23 | 28 | 29 | 39 | 22 | 25 | |||||
| Total Liabilities ⓘ | 141 | 181 | 238 | 275 | 310 | 240 | |||||
Fixed Assets | |||||||||||
| Net Fixed Assets ⓘ + | 61 | 66 | 117 | 110 | 120 | 105 | |||||
| CWIP ⓘ | 7 | 22 | 0 | 8 | 1 | 1 | |||||
| Investments ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | |||||
| Inventories | 19 | 35 | 53 | 61 | 68 | 60 | |||||
| Trade Receivables | 16 | 25 | 41 | 72 | 94 | 52 | |||||
| Cash Equivalents | 11 | 12 | 3 | 3 | 8 | 2 | |||||
| Others Assets ⓘ | 26 | 20 | 24 | 19 | 19 | 20 | |||||
| Total Assets ⓘ | 141 | 181 | 238 | 275 | 310 | 240 | |||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ + | 5 | 20 | -29 | 14 | 7 | 12 |
| Cash Flow From Investing Activity ⓘ + | -19 | -25 | -26 | -11 | -13 | -4 |
| Cash Flow From Financing Activity ⓘ + | 14 | 6 | 54 | -3 | 10 | -11 |
| Net Cash Flow ⓘ | 1 | 1 | -1 | -0 | 3 | -3 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 38.27 | 37.25 | 5.87 | 15.32 | 16.72 | -2.91 | ||||
| ROCE (%) | 27.73 | 26.01 | 7.81 | 12.7 | 14.01 | 0 | ||||
| Asset Turnover Ratio | 1.02 | 1.16 | 0.83 | 1.06 | 1.1 | 0.63 | ||||
| PAT to CFO Conversion(x) | 0.33 | 1.05 | -7.25 | 1.4 | 0.41 | N/A | ||||
| Working Capital Days | ||||||||||
| Receivable Days | 40.20 | 39.90 | 69.30 | 76.20 | 94.30 | 154.10 | ||||
| Inventory Days | 48 | 52.80 | 92.10 | 76.50 | 73.70 | 135.40 | ||||
| Payable Days | 190.80 | 140.60 | 151.40 | 98.10 | 104.10 | 185.70 | ||||
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Annual reports
No annual reports available.
Concalls
No concalls available.
Esprit Stones Ltd FAQs
The current trading price of Esprit Stones 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 31-Dec-1969 the market cap of Esprit Stones stood at ₹146.6 Cr
The latest P/E ratio of Esprit Stones as of 31-Dec-1969 is 0.00.
The latest P/B ratio of Esprit Stones as of 31-Dec-1969 is 1.20.
The 52-week high of Esprit Stones is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Esprit Stones is ₹126 ( Cr.) .
Past 10 year's financial track record analysis by Moneyworks4me indicates that Esprit Stones Ltd is a average quality company.
The key valuation ratios of Esprit Stones Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Esprit Stones Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.
About Esprit Stones Ltd
Esprit Stones Limited was originally incorporated as ‘Esprit Stones Private Limited’, a private limited company under Companies Act, 2013, pursuant to a certificate of incorporation dated October 19, 2016 issued by the Central Registration Centre. Subsequently, the company was converted into a public limited company pursuant to a resolution passed by its shareholders at an Extra-ordinary General Meeting held on January 12, 2024 and a fresh certificate of incorporation dated February 5, 2024 was issued by the Registrar of Companies, Rajasthan at Jaipur consequent upon conversion, recording the change in name of the company from ‘Esprit Stones Private Limited’ to ‘Esprit Stones Limited’.
The company is primarily engaged in the manufacturing of Engineered Stones such as: (i) engineered quartz surfaces; and (ii) engineered marble surfaces. The company majorly manufactures engineered quartz surfaces and through its Subsidiary, Haique Stones Private Limited (HSPL), it manufactures engineered marble surfaces. Engineered Stones are composite material formed out of crushed stone that is held together by an adhesive. Engineered Stone’s non-porous characteristics, offer superior scratch, stain and heat resistance, making them extremely durable and therefore get an edge over competing products such as natural stones, laminate and other manufactured solid surfaces The strength, consistency, durability and appearance of its Engineered Stones, as well as their low maintenance makes it ideal for its application for vanities & bathroom surfaces, kitchen countertops, floors and wall cladding furniture, and other interior surfaces that are used in a variety of residential and non-residential applications. Through its innovative design and manufacturing processes, it is able to offer its product in wide variety of colours, styles, designs and textures.
It has customized its manufacturing processes in order to maximize the consistency, quality, durability and crack resistance of its Engineered Stones while also increasing its slickness and luster. Together with its research and development capabilities, its manufacturing expertise enables it to develop a number of aesthetically distinct designs for its products. It continually work to ensure that it acquires high quality raw materials for its Engineered Stones and ensure that its high-quality standards are met by conducting ongoing quality control checks of the raw materials and finished goods at its Manufacturing Facilities. Its business model is aimed to consistently continue to strengthen its product portfolio through continued investment in product innovation supported by strong research and development initiatives, marketing activities and the establishment of long-term relationships with its existing and new customers.
Business area of the company
The company is primarily engaged in the manufacturing of Engineered Stones such as: (i) engineered quartz surfaces; and (ii) engineered marble surfaces.
Product of the company
- Engineered quartz surfaces
- Engineered marbles surfaces
- Unstaurated polyester resins
Awards and accreditations
- 2019-20: Rajasthan State Export award for Highest growth in category of miscellaneous during the year 2019-2020.
- December 2021: UCCI excellence award in Manufacturing- medium enterprises category.
- March 2022: UCCI excellence award in Manufacturing- medium enterprises category.
- October 2023: Accorded the status of a Three-Star Export House in accordance with the provisions of the Foreign Trade Policy, 2023.
History and milestones
- October 2016: Incorporated as Esprit Stones Private Limited.
- September 2017” Established the company’s Manufacturing Facility I with 1 quartz pressing line and 1 calibrating and polishing line.
- November 2017: Company made its 1st export sales.
- February 2019: Increased its production capacity by installing 2nd quartz pressing line at Manufacturing Facility I.
- November 2019: Launched ‘Haique’ as its brand for luxury surfaces.
- March 2020: Crossed annual turnover of Rs 10,000 lakh.
- December 2020: Installed 3rd quartz pressing line at Manufacturing Facility I.
- March 2021: Crossed annual turnover of Rs 14,000 lakh.
- July 2021: Established the company’s manufacturing facility II for quartz grit and powder manufacturing.
- January 2021: Invested 51% shares in Addwaya Chemicals.
- August 2021: Incorporated its wholly-owned subsidiary HSPL
- August 2021: Incorporated its wholly-owned foreign subsidiary Haique Inc.
- May 2022: Established its Manufacturing Facility III.
- June 2022: Commenced commercial operation from its Manufacturing Facility III.
- September 2022: Commenced commercial operation from its Manufacturing Facility IV.
- January 2024: Conversion of the Company from a private limited company to a public limited company.
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