Golkunda Diamonds & Jewellery Ltd - Stock Valuation and Financial Performance

BSE: 523676 | NSE: | Diamond & Jewellery | Small Cap

Golkunda Diamonds Share Price

155 -2.85 -1.81%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Golkunda Diamonds

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Golkunda Diamonds & Jewellery stock performance -

mw4me loader
P/E Ratio (SA):
14.22
Market Cap:
107.9 Cr.
52-wk low:
85.7
52-wk high:
275

Is Golkunda Diamonds & Jewellery Ltd an attractive stock to invest in?

1. Is Golkunda Diamonds & Jewellery Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Golkunda Diamonds & Jewellery Ltd is a below average quality company.

2. Is Golkunda Diamonds & Jewellery Ltd undervalued or overvalued?

The key valuation ratios of Golkunda Diamonds & Jewellery Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Golkunda Diamonds & Jewellery Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Golkunda Diamonds & Jewellery 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 Golkunda Diamonds:

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.
Golkunda Diamonds & Jewellery 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 % 13.8%8.6%8.6%4.1%4.4%5.2%5.9%6.1%12.2%13.7%-
Value Creation
Index
0.0-0.4-0.4-0.7-0.7-0.6-0.6-0.6-0.10.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 12093.597.783.885.8109133173238233206
Sales YoY Gr.--22%4.5%-14.3%2.5%26.9%21.9%30.7%37.2%-1.9%-
Adj EPS 7.32.94.11.21.21.93.13.910.613.510.9
YoY Gr.--60.3%41.9%-71%4.2%56.5%61.3%23%174.8%27.7%-
BVPS (₹) 29.231.534.83636.838.840.243.953.265.371.3
Adj Net
Profit
5.122.90.80.91.42.22.77.49.48
Cash Flow from Ops. -4.3-2.6-0.91.43.53.12.32-5.110.7-
Debt/CF from Ops. -7.4-13.6-36.824.49.89.81316.2-8.13.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.7%22.2%20.7%-1.9%
Adj EPS 7.1%61.2%62.8%27.7%
BVPS9.4%12.1%17.5%22.7%
Share Price 36.3% 63.6% 97.4% 64.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
28.29.512.43.43.45.17.99.221.822.816
Op. Profit
Mgn %
9.27.97.84.54.84.13.63.15.26.66.4
Net Profit
Mgn %
4.22.22.9111.21.61.63.143.7
Debt to
Equity
1.61.61.41.41.31.11.11.11.10.9-
Working Cap
Days
17321621226225919615512911913688
Cash Conv.
Cycle
143199199230221168131101859935

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.70%

Net Profit is growing at healthy rate in last 3 years 62.82%

Debt to equity has declined versus last 3 years average to 0.88

Return on Equity has declined versus last 3 years average to 16.00%

Sales growth is not so good in last 4 quarters at -13.31%

Latest Financials - Golkunda Diamonds & Jewellery Ltd.

Standalone Consolidated
TTM EPS (₹) 10.9 -
TTM Sales (₹ Cr.) 206 -
BVPS (₹.) 71.3 -
Reserves (₹ Cr.) 43 -
P/BV 2.18 -
PE 14.22 -
From the Market
52 Week Low / High (₹) 85.65 / 275.00
All Time Low / High (₹) 1.45 / 275.00
Market Cap (₹ Cr.) 108
Equity (₹ Cr.) 7
Face Value (₹) 10
Industry PE 86.1

Management X-Ray of Golkunda Diamonds:

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 Golkunda Diamonds

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
Sales12093988486109133173238233
Operating Expenses 10986908082104128168226218
Manufacturing Costs1111112232
Material Costs1038185747495118158210202
Employee Cost 3223455599
Other Costs 2222333345
Operating Profit 1178444551215
Operating Profit Margin (%) 9.2%7.9%7.7%4.5%4.8%4.1%3.6%3.1%5.2%6.6%
Other Income 0000000000
Interest 3432322123
Depreciation 0000000011
Exceptional Items 0000000000
Profit Before Tax 834112341013
Tax 3110011133
Profit After Tax 5231112379
PAT Margin (%) 4.2%2.2%2.9%1.0%1.0%1.2%1.6%1.6%3.1%4.0%
Adjusted EPS (₹)7.32.94.01.21.21.93.13.910.613.5
Dividend Payout Ratio (%)7%17%15%29%0%41%32%31%14%11%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 20222425262728313745
Share Capital 7777777777
Reserves 13151718192021243039
Minority Interest0000000000
Debt32353435343029334140
Long Term Debt0000000031
Short Term Debt32353435343029333839
Trade Payables5146666111516
Others Liabilities 4232222345
Total Liabilities 616065686765657797106

Fixed Assets

Gross Block66444567813
Accumulated Depreciation3312223344
Net Fixed Assets3333233448
CWIP 0000000000
Investments 0000000000
Inventories17161517151519242421
Trade Receivables38384241433934365560
Cash Equivalents 22335567512
Others Assets11132327104
Total Assets 616065686765657797106

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -4-3-113322-511
PBT 834112341013
Adjustment -53002-20122
Changes in Working Capital -4-3-11041-2-15-1
Tax Paid -1-3-1-10-1-1-1-3-3
Cash Flow From Investing Activity 000-1-1-2-1-3-2-5
Capex 00000-1-1-1-1-5
Net Investments 0000000-2-10
Others 000-10-10000
Cash Flow From Financing Activity -32-1-2-3-6-326-4
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 000-2-2-2-1-1-1-2
Dividend Paid 000000-1-1-1-1
Others -3301-1-4-148-1
Net Cash Flow -80-2-10-5-21-12
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)28.079.5312.213.373.395.127.939.1921.8122.84
ROCE (%)20.9612.912.566.016.367.48.338.7317.2918.47
Asset Turnover Ratio1.941.551.571.271.271.652.052.442.732.3
PAT to CFO Conversion(x)-0.8-1.5-0.3313310.67-0.711.22
Working Capital Days
Receivable Days135148150181179138101757089
Inventory Days35645871695047453635
Payable Days2813924292218202328

Golkunda Diamonds & Jewellery Ltd Stock News

Golkunda Diamonds & Jewellery Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Golkunda Diamonds on 28-Mar-2024 16:01 is ₹155.0.
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 Golkunda Diamonds stood at ₹107.9.
The latest P/E ratio of Golkunda Diamonds as of 28-Mar-2024 16:01 is 14.22.
The latest P/B ratio of Golkunda Diamonds as of 28-Mar-2024 16:01 is 2.18.
The 52-week high of Golkunda Diamonds is ₹275.0 and the 52-week low is ₹85.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Golkunda Diamonds is ₹205.9 ( Cr.) .

About Golkunda Diamonds & Jewellery Ltd

Golkunda Diamond & Jewellery was incorporated in 1990. The company got listed on leading stock exchanges in the country in 1992 to tap the export market as low cost producer of casted jewellery.

The company is the leading manufacturer of diamond studded gold jewelery. Apart from this, the company is engaged in the business of manufacturing, marketing and exporting.

The company offers a range of products including rings, earrings, pendants, bracelets, bangles and necklaces in 9, 10, 14, 18, and 22 karat gold studded with diamonds. It has expertise in jewelry set in baguettes and small invisible princess jewelry.

Manufacturing facilities are located at SEEPZ and Chakala in Mumbai, capable of churning out over 150 new designs every month and with a capacity to manufacture more than 500 pieces per day. Quality mass-produced jewelry is exported to customers across the world with major destinations being USA, UK, UAE and Australia.

The products of the company include: Pendants, Earrings, Rings and Bracelets, etc.

The company has the expertise in products set in baquettes and small invisible princess (upto 250 pcs in 1 carrat) jewelry. Having a strategic understanding with diamond manufacturers; it has access to large resources of diamonds at a very competitive price.

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