Goldiam International Ltd - Stock Valuation and Financial Performance

BSE: 526729 | NSE: GOLDIAM | Diamond & Jewellery | Small Cap

Goldiam Internatl. Share Price

170.50 0.60 0.35%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Goldiam Internatl.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Goldiam International stock performance -

mw4me loader
P/E Ratio (SA):
29.85
Market Cap:
1,822.5 Cr.
52-wk low:
120.1
52-wk high:
216.6

Is Goldiam International Ltd an attractive stock to invest in?

1. Is Goldiam International Ltd a good quality company?

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

2. Is Goldiam International Ltd undervalued or overvalued?

The key valuation ratios of Goldiam International Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Goldiam International Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Goldiam International 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 Goldiam Internatl.:

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.
Goldiam International 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 % 3.7%3.8%4.4%3.6%3.4%7.6%7.2%11.9%21.5%20.6%-
Value Creation
Index
-0.7-0.7-0.7-0.8-0.8-0.5-0.5-0.20.50.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 125119132138122170162216391303335
Sales YoY Gr.--5.1%10.9%5%-11.9%39.2%-4.6%33.3%80.8%-22.3%-
Adj EPS 0.60.60.70.60.61.51.52.64.94.85.7
YoY Gr.-5.3%23.3%-17.6%3.3%139.7%-2%73%89.8%-0.6%-
BVPS (₹) 13.914.415.117.618.8202022.1222526.6
Adj Net
Profit
7.27.59.27.67.817.416.428.45352.661
Cash Flow from Ops. 4.6-5450.1-13.939.947.348.1-8.1-3-
Debt/CF from Ops. 6.3-8.90.5273.7-0.80.20.10.200-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.3%20%23.3%-22.3%
Adj EPS 26.8%50.3%48.3%-0.6%
BVPS6.8%5.9%7.8%13.3%
Share Price 44.9% 63.3% 36.8% 32.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
4.24.253.73.47.57.312.221.820.522.2
Op. Profit
Mgn %
7.77.66.76.17.911.910.712.311.514.714.7
Net Profit
Mgn %
5.76.375.56.410.210.113.213.617.318.2
Debt to
Equity
0.20.30.10.10.100000-
Working Cap
Days
34339532024529721617611480161158
Cash Conv.
Cycle
22325319114517610352-111578110

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 22.20%

Sales growth is growing at healthy rate in last 3 years 23.25%

Net Profit is growing at healthy rate in last 3 years 48.33%

Sales growth is not so good in last 4 quarters at 4.69%

Latest Financials - Goldiam International Ltd.

Standalone Consolidated
TTM EPS (₹) 5.7 8.4
TTM Sales (₹ Cr.) 335 590
BVPS (₹.) 26.6 58.4
Reserves (₹ Cr.) 263 602
P/BV 6.42 2.92
PE 29.85 20.40
From the Market
52 Week Low / High (₹) 120.05 / 216.55
All Time Low / High (₹) 0.52 / 228.52
Market Cap (₹ Cr.) 1,822
Equity (₹ Cr.) 21.4
Face Value (₹) 2
Industry PE 86.1

Management X-Ray of Goldiam Internatl.:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Goldiam Internatl.

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
Sales125119132138122170162216391303
Operating Expenses 116110123130112150145190346259
Manufacturing Costs34555887108
Material Costs1049610911094132127172319233
Employee Cost 113334571010
Other Costs 797121076477
Operating Profit 10998102017274544
Operating Profit Margin (%) 7.6%7.4%6.7%6.1%7.8%11.9%10.5%12.3%11.5%14.6%
Other Income 6813761111182928
Interest 1111010000
Depreciation 2222222222
Exceptional Items 0100000000
Profit Before Tax 13141913142826427170
Tax 3345586121413
Profit After Tax 101115992019315757
PAT Margin (%) 8.0%9.4%11.6%6.4%7.4%11.5%11.7%14.1%14.7%18.7%
Adjusted EPS (₹)0.80.91.20.70.71.71.72.85.35.2
Dividend Payout Ratio (%)30%34%41%57%42%35%76%58%23%38%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 173180188220234230221245240272
Share Capital 25252525252322222222
Reserves 148155163195209207199223218250
Minority Interest0000000000
Debt2944221411741000
Long Term Debt0000000000
Short Term Debt2944221411741000
Trade Payables33282817192230604369
Others Liabilities 10111122226109
Total Liabilities 245262249253266261257322293350

Fixed Assets

Gross Block36272829293031444646
Accumulated Depreciation16111113141517182123
Net Fixed Assets19171616151515252523
CWIP 0222000000
Investments 98107108142126129150173111105
Inventories36372923191112183029
Trade Receivables778153546252283368137
Cash Equivalents 25245142726525452
Others Assets111517112927252054
Total Assets 245262249253266261257322293350

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 5-5450-14404748-8-3
PBT 13141913142826427170
Adjustment -20-8-3-3-3-4-14-20-20
Changes in Working Capital -4-1637-6-21233229-46-38
Tax Paid -3-4-3-5-4-8-6-10-13-15
Cash Flow From Investing Activity 12-47-4275-13-149029
Capex -20-2-2-1-2-2-12-20
Net Investments 12-75-9232-17-78413
Others 23474665816
Cash Flow From Financing Activity -2712-33-15-4-33-35-8-80-28
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -1-1-100-10000
Dividend Paid -1-3-9-60-8-14-14-13-28
Others -2515-24-8-3-23-216-670
Net Cash Flow -10319-199130262-2
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.896.328.344.313.958.448.4413.0823.6522.2
ROCE (%)6.737.19.026.255.9612.0811.1417.5828.8227.28
Asset Turnover Ratio0.510.470.520.550.470.640.630.751.270.94
PAT to CFO Conversion(x)0.5-0.4530-1.5622.471.55-0.14-0.05
Working Capital Days
Receivable Days214243186141174123915247123
Inventory Days1011129168623226262235
Payable Days991159474705774965987

Goldiam International Ltd Stock News

Goldiam International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Goldiam Internatl. on 28-Mar-2024 16:01 is ₹170.5.
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 28-Mar-2024 16:01 the market cap of Goldiam Internatl. stood at ₹1,822.5.
The latest P/E ratio of Goldiam Internatl. as of 28-Mar-2024 16:01 is 29.85.
The latest P/B ratio of Goldiam Internatl. as of 28-Mar-2024 16:01 is 6.42.
The 52-week high of Goldiam Internatl. is ₹216.6 and the 52-week low is ₹120.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Goldiam Internatl. is ₹334.9 ( Cr.) .

About Goldiam International Ltd

Goldiam International is located in Mumbai, in India's premier jewelry Manufacturing zone -- SEEPZ -- specially created by the government of India to encourage Indian industrialists to set up world class jewelry manufacturing facilities for 100% export.

Goldiam is one of the largest exporters of INVISIBLE SET jewelry. The annual turnover for the year 2005 is $54 million. Goldiam caters to the needs of all customers Globally. 70% of its annual production is exported to the American market.

Goldiam's product line consists of 7000 designs, in Rings, Ear rings, pendants, bracelets, bangles and necklaces. Goldiam manufactures the above in gold as well as in platinum. The continuous commitment of their management along with 450 skilled workers has enabled them to approach the new millennium with a positive and aggressive attitude.

Development Commissioner, SEEPZ Special Economic Zone granted permission to the company for the establishment  of a trading unit in SEEPZ SEZ, Andheri (E), Mumbai in the state of Maharashtra with an annual capacity of Rs 1,103,000,000 for undertaking trading activities in the below mentioned items of trading -- Rough Diamonds, Cut & Polished Diamonds, Precious Stones, C & P Precious and Semi-Precious Stones, Synthetic Stones (C. Z.), Pearls, Alloys, Plain & Studded Gold Jewellery, Plain & Studded Silver Jewellery, Labels, Findings (Gold/ Silver/ Platinum), Mountings (Gold/ Silver/ Platinum), Stainless Steel Jewellery studded with Diamonds and Precious stones only. This Trading unit shall be entitled for Tax exemption benefits under Section 10AA of the Income Tax Act, 1961.

Goldiam International Limited’s Subsidiary Company, Diagold Designs Limited, has ventured in the Russian market with a Distribution & Retail business in diamond studded jewellery manufactured in the Group’s factories in India and China.

The company’s Retail brand in the Silver Jewellery Segment, ‘OLA’ has entered into distribution tie-ups with some of the leading groups, being: Total Mall in Bangalore, DLF group for kiosks at Delhi and Chandigarh and showroom in Kolkata to be operational by 2009, E City Ventures Fun Republic Cinemas and Malls in Bombay, Bangalore, Delhi, Ahemdabad, Lucknow and Gulbarga. Aditya Birla Group, MORE Hyper Stores for Baroda, Hypercity ARGOS. Ola has featured in the Jewellery section of this first time ever shopping catalogue for Silver and Diamond Jewellery.

Ola is available in a shop-in-shop format with Multi Brand Outlets (MBOs) like Lifestyle, Pantaloons, Globus, Central, Big Bazaar, Spencers and Ebony. It has its own showrooms at Atria Mall and Prime Mall in Bombay and Iscon Mega Mall in Ahmedabad. Ola has its kiosks in the atriums of various leading malls like Inorbit, Infinity and Mumbai Citi Centre in Bombay and Gopalan Mall in Bangalore.

Diagold Designs Limited is also in talks with a leading Russian Retail business house for a proposed Joint Venture.The structure of their organization enables them to be responsive to the needs of their clients. Their pursuit in research and development and an encouraging attitude towards innovativeness moves them towards the goal, which is to continuously deliver a better product to their clients.

Goldiam International announced in December 2008 that it is scaling down its operations in the Retail Silver Jewellery Segment distributed under the Brand name ‘OLA’. The company has started pulling out from retail outlets and the business will be carried on only from a few selected stores. This will enable the Company to control its overheads and improve its operations.

Goldiam International Limited, Mumbai and its subsidiary companies, Goldiam Hong Kong Limited, China and Goldiam Jewels Limited, Mumbai have entered into a contract in January 2008 with Socotra Diamonds Limited, Dubai, UAE, for the export of Jewellery worth $ 10,000,000 (US Dollars Ten Million).

Products  of the company include

Bangles, Rings, Earings, Bracelets and pendents.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.