Sovereign Diamonds Ltd - Stock Valuation and Financial Performance

BSE: 523826 | NSE: | Diamond & Jewellery | Small Cap

Sovereign Diamonds Share Price

67.43 3.21 5.00%
as on 10-Dec'24 16:59

DeciZen - make an informed investing decision on Sovereign Diamonds

M-Cap below 100cr DeciZen not available

Sovereign Diamonds stock performance -

mw4me loader
P/E Ratio (SA):
54.43
Market Cap:
39 Cr.
52-wk low:
23.3
52-wk high:
67.4

Is Sovereign Diamonds Ltd an attractive stock to invest in?

1. Is Sovereign Diamonds Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sovereign Diamonds Ltd is a average quality company.

2. Is Sovereign Diamonds Ltd undervalued or overvalued?

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

3. Is Sovereign Diamonds Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sovereign Diamonds 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 Sovereign 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.
Sovereign Diamonds Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 19.2%14.1%12.6%10.6%7.6%5.4%-1.8%8.9%11.6%10.7%-
Value Creation
Index
0.40.0-0.1-0.2-0.5-0.6-1.1-0.4-0.2-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 60.153.245.23740.332.41522.927.827.125
Sales YoY Gr.--11.5%-15.1%-18.1%8.7%-19.4%-53.9%53%21.4%-2.6%-
Adj EPS 3.22.11.81.40.50-2.52.32.42.41.2
YoY Gr.--33.9%-12.9%-20.9%-66.7%-95.8%-12550%NA4.3%-2.5%-
BVPS (₹) 18.92122.724.124.624.722.124.426.829.229.1
Adj Net
Profit
1.81.21.10.80.30-1.41.41.41.41
Cash Flow from Ops. 04.23.61.74.81.9310.61.4-
Debt/CF from Ops. 6459.43.63.98.42.56.24.111.420.58.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -8.5%-7.6%21.9%-2.6%
Adj EPS -3.1%37.7%NA-2.5%
BVPS4.9%3.5%9.7%8.8%
Share Price 29% 74.4% 84.9% 180.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
18.210.58.36.120.1-10.710.19.58.54.3
Op. Profit
Mgn %
8.88.18.79.26.44.3-3.89.18.48.110.7
Net Profit
Mgn %
32.32.32.30.70-9.65.95.15.12.9
Debt to
Equity
1.51.31.110.80.80.90.80.80.70
Working Cap
Days
188235232260249328634373345371214
Cash Conv.
Cycle
138168193244219258529331302327101

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 21.86%

Debt to equity has declined versus last 3 years average to 0.68

Return on Equity has declined versus last 3 years average to 4.30%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -2.96%

Latest Financials - Sovereign Diamonds Ltd.

Standalone Consolidated
TTM EPS (₹) 1.2 -
TTM Sales (₹ Cr.) 24.8 -
BVPS (₹.) 29.1 -
Reserves (₹ Cr.) 11 -
P/BV 2.32 -
PE 54.43 -
From the Market
52 Week Low / High (₹) 23.26 / 67.43
All Time Low / High (₹) 1.00 / 64.22
Market Cap (₹ Cr.) 39
Equity (₹ Cr.) 5.8
Face Value (₹) 10
Industry PE 91.1

Management X-Ray of Sovereign 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 Sovereign Diamonds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales60.1453.2145.2037.0240.2532.4414.9722.9127.8127.09
Operating Expenses 54.8748.8941.2933.6237.6931.0415.6120.8525.4724.90
Manufacturing Costs1.051.080.590.560.660.430.360.600.580.57
Material Costs49.4442.8336.0728.7932.6826.3712.9016.7620.5520.05
Employee Cost 1.872.432.011.571.661.580.941.331.902.09
Other Costs 2.502.552.622.702.702.661.412.172.442.18
Operating Profit 5.274.333.913.402.571.40-0.642.062.332.20
Operating Profit Margin (%) 8.8%8.1%8.6%9.2%6.4%4.3%-4.3%9.0%8.4%8.1%
Other Income 0.030.020.010.0600.480.630.661.261.33
Interest 2.142.051.921.831.661.3510.921.171.35
Depreciation 0.370.450.480.530.500.460.450.490.490.50
Exceptional Items 0000000000
Profit Before Tax 2.791.841.511.100.400.07-1.461.311.931.68
Tax 0.940.630.480.260.130.040.03-0.030.520.30
Profit After Tax 1.851.211.030.840.280.04-1.491.331.411.38
PAT Margin (%) 3.1%2.3%2.3%2.3%0.7%0.1%-9.9%5.8%5.1%5.1%
Adjusted EPS (₹)3.22.11.81.50.50.1-2.62.32.42.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 10.9412.1513.1313.9714.2314.2712.7914.1215.5316.88
Share Capital 5.795.795.795.795.795.795.795.795.795.79
Reserves 5.156.367.348.188.448.4878.339.7411.09
Minority Interest0000000000
Debt16.7915.3313.9914.1711.9011.9812.0811.3212.6511.53
Long Term Debt0.300.120.110.05002.051.210.400.04
Short Term Debt16.4915.2213.8814.1211.9011.9810.0310.1112.2511.49
Trade Payables9.164.070.520.864.446.511.342.442.472.09
Others Liabilities 2.453.111.500.120.510.630.630.821.201.09
Total Liabilities 39.3434.6729.1429.1231.0733.3826.8428.6931.8531.59

Fixed Assets

Gross Block5.806.646.976.767.407.487.086.865.616.11
Accumulated Depreciation3.233.684.124.334.564.183.433.252.172.58
Net Fixed Assets2.572.962.852.432.833.303.653.613.443.53
CWIP 00000000.1400
Investments 0000000000
Inventories15.5513.3717.7820.8519.7619.8317.5417.6418.8317.34
Trade Receivables19.0415.407.115.428.079.883.926.628.269.38
Cash Equivalents 0.010.010.010.030.070.011.280.040.040.03
Others Assets2.172.941.390.390.330.360.450.641.281.32
Total Assets 39.3434.6729.1429.1231.0733.3826.8428.6931.8531.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 04.233.611.694.791.942.980.990.621.40
PBT 2.791.841.511.050.400.07-1.461.311.931.68
Adjustment 2.352.392.392.312.061.621.471.371.620.49
Changes in Working Capital -4.270.840.26-1.22.350.443.1-1.54-2.77-0.27
Tax Paid -0.86-0.84-0.55-0.47-0.03-0.19-0.13-0.14-0.16-0.49
Cash Flow From Investing Activity -0.50-0.81-0.40-0.11-0.90-0.89-0.84-0.59-0.820.98
Capex -0.50-0.84-0.41-0.12-0.90-0.89-0.84-0.59-0.83-0.56
Net Investments 0000000000
Others 0.010.020.010.0100000.011.54
Cash Flow From Financing Activity 0.49-3.42-3.20-1.56-3.85-1.11-0.87-1.650.20-2.39
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.16-0.190.07-0.06-0.0502.05-0.97-0.80-0.37
Interest Paid -2.01-1.96-1.86-1.74-1.58-1.20-0.96-0.88-1.14-1.26
Dividend Paid 0000000000
Others 2.66-1.28-1.420.24-2.220.09-1.950.202.14-0.76
Net Cash Flow -0.0100.010.020.04-0.051.27-1.250-0.01
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)18.3310.498.136.171.970.25-119.919.528.52
ROCE (%)19.2214.1212.5610.627.625.42-1.88.8511.5710.71
Asset Turnover Ratio1.81.441.431.271.341.010.50.830.920.85
PAT to CFO Conversion(x)03.53.52.0117.1148.5N/A0.740.441.01
Working Capital Days
Receivable Days961189062611011688498119
Inventory Days8199125190184223456280239244
Payable Days44562393076111414442

Sovereign Diamonds Ltd Stock News

Sovereign Diamonds Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Sovereign Diamonds on 10-Dec-2024 16:59 is ₹67.43.
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 10-Dec-2024 16:59 the market cap of Sovereign Diamonds stood at ₹39.03.
The latest P/E ratio of Sovereign Diamonds as of 10-Dec-2024 16:59 is 54.43.
The latest P/B ratio of Sovereign Diamonds as of 10-Dec-2024 16:59 is 2.32.
The 52-week high of Sovereign Diamonds is ₹67.43 and the 52-week low is ₹23.26.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sovereign Diamonds is ₹24.75 ( Cr.) .

About Sovereign Diamonds Ltd

Sovereign Diamonds Limited, incorporated in the year 1974, is a public limited company domiciled in India with its registered office located at Mahal Industrial Estate, Mahakali Caves Road, Andheri (East), Mumbai. The Company is listed on the Bombay Stock Exchange (BSE).

Business area of the company

The company is engaged in manufacturing, selling of Gold Jewellery, Diamond studded Jewellery and silver item.

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