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Goenka Diamond & Jewels Ltd. Stock Analysis

Small Cap
Evaluated by 307 users | BSE: 533189 | NSE: GOENKA |
Diamond & Jewellery
Goenka Diamond & Jewels was incorporated on November 5, 1990 as Goenka Exports, a private limited company under the Companies Act, 1956. The company became a deemed public company by virtue of section 43(A) of the Companies Act and ceased to be a private company with effect from July...

Analysis of Financial Track Record

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.
Value Creation
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 31.18%19.68%2.83%4.6%1%1.28%-1.65%-1.06%-0.27%-0.06%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 53756151672937510391.63.17.76.6
Y-o-Y Gr. Rt.-4.5%-8.1%41.4%-48.6%-72.7%-10.7%-96.6%149.8%-14.6%
Adjusted EPS (Rs.) 1.881.40.140.39-0.13-0.2-0.75-0.17-0.05-0.02
Y-o-Y Gr. Rt.--25.5%-90%178.6%-133.3%NANANANANA
Book Value per Share (Rs.) 4.698.378.919.469.529.568.578.358.278.25
Adjusted Net Profit 41.944.54.312.3-4.1-6.3-23.6-5.3-1.6-0.7
Net Op. Cash Flow (Rs. Cr.) -5.7-92.2-44.1-19.4-10.813.810.7-1.9-1.50
Debt to Cash Flow from Ops -11.37-0.82-2.66-7.45-14.4711.5617.28-97.59-124.31-15,929.58
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Goenka Diamond & Jewels Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -38.7%-55.4%-58.4%-14.6%
Adjusted EPS -160.4%NANANA
Book Value per Share 6.5-2.8-1.3-0.2
Share Price -17.2% -10.6% 41.2% 153.3%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 47.0323.871.574.23-1.37-2.09-8.22-1.98-0.61-0.27
Operating Profit Margin (%) 9.519.781.592.571.477.342.78-74.51-19.72-15.48
Net Profit Margin (%) 7.87.940.831.69-1.1-6.15-25.8-171.71-20.86-10.64
Debt to Equity 0.610.290.410.480.520.520.680.690.690.69
Working Capital Days 2322673242555822,4122,91389,71735,88442,016
Cash Conversion Cycle 761382271883941,4441,6331,51,85412,81523,492
Entity Percentage Holding
Promoters 57.55%
Institutions 4.07%
Non-Institutions 38.38%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Goenka Diamond & Jewels Ltd.'s performance infers:

Goenka Diamond & Jewels Ltd. earnings have grown by 0%, whereas share price has depreciated -10.6% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Goenka Diamond & Jewels Ltd. share prices over the last 10 years. Here is what we found out:

Goenka Diamond & Jewels Ltd. share price has depreciated -20.7% annually over the past ten years.

Goenka Diamond & Jewels was incorporated on November 5, 1990 as Goenka Exports, a private limited company under the Companies Act, 1956. The company became a deemed public company by virtue of section 43(A) of the Companies Act and ceased to be a private company with effect from July 1,1997. Subsequently, by a shareholders resolution dated January 29, 2002, the company became a public company and a fresh certificate of incorporation in the name of Goenka Exports was issued

Goenka Diamond & Jewels was incorporated on November 5, 1990 as Goenka Exports, a private limited company under the Companies Act, 1956. The company became a deemed public company by virtue of section 43(A) of the Companies Act and ceased to be a private company with effect from July 1,1997. Subsequently, by a shareholders resolution dated January 29, 2002, the company became a public company and a fresh certificate of incorporation in the name of Goenka Exports was issued by the Registrar of Companies, Rajasthan, situated at Jaipur on January 30, 2002. By a resolution dated April 15, 2008, the company was converted into a public limited company and its name was changed to its present name Goenka Diamond and Jewels.

The company is promoted by Nand Lal Goenka, who has over 40 years of experience in the gems and jewellery business along with his sons, Navneet Goenka and Nitin Goenka.

It was initially in the business of export of coloured stones and has since then expanded into diamond trade in 1994 and manufacturing of diamond studded jewellery in 2003. Its cutting and polishing activity was boosted in 2006 by establishing its own diamond processing unit at the SEZ in Surat for processing of rough diamonds. In 2007, it set up another facility for processing of rough diamonds in Mumbai to cater to the local market and for its jewellery making operations.

Goenka Diamond has scaled up its diamond jewellery making operations by establishing a dedicated manufacturing facility in Mumbai and launched its first jewellery retail store in July 2008.

At present, the business of the company is broadly divided into diamond processing business and jewellery business. Its diamond processing business consists of trading, cutting and polishing of diamonds. Jewellery Business consists of manufacturing and retail of jewellery under CERES and G WILD brands and also includes its wholesale jewellery operations.

Business area of the company

The company is engaged in cutting and polishing of diamonds and manufacturing and retailing of diamond jewellery.

Subsidiaries of the company

M.B. Diamonds LLC

Group Companies

  • Geet Holdings
  • Goenka Diamonds
  • Goenka Infra Builders
  • Goenka Properties
  • Sonam Complex
  • Yash Complex
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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