Suashish Diamonds Ltd - Stock Valuation and Financial Performance

BSE: 526733 | NSE: SUASHDIMON | Diamond & Jewellery | Small Cap

BSE Share Price
Not Listed

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Suashish Diamonds stock performance -

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P/E Ratio (SA):
6.70
Market Cap:
492.1 Cr.
52-wk low:
235.2
52-wk high:
237.5

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Suashish 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.

Value Creation

Value Creation Index Colour Code Guide

Dec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
ROCE % 4.4%7.8%0.2%8.7%3.1%7.8%7.3%6.4%7.1%7.3%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9339787921,2631,0211,157976713836748748
Sales YoY Gr.-4.8%-19%59.5%-19.2%13.3%-15.6%-26.9%17.2%-10.5%-
Adj EPS 17.423.1-13.937.412.834.528.228.231.835.635.4
YoY Gr.-32.7%-160.1%NA-65.8%169.5%-18.4%0.3%12.5%12%-
BVPS (₹) 243.9225.2252.6286.3316.1352.3382.2415.5447.2482.5415.5
Adj Net
Profit
36.147.9-28.877.626.671.658.558.66673.973
Cash Flow from Ops. 16889.475.9118147-80.132.319211134-
Debt/CF from Ops. 3.286.49.26.3-4.36.70.31.13.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.4%-6%-8.5%-10.5%
Adj EPS 8.3%22.7%8.1%12%
BVPS7.9%8.8%8.1%7.9%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16TTM
Return on
Equity %
7.511-5.213.94.310.37.77.17.47.77.9
Op. Profit
Mgn %
3.65.5-5.70.5-2.24.97.47.47.89.417.4
Net Profit
Mgn %
3.94.9-3.66.12.66.268.27.99.99.8
Debt to
Equity
1.11.50.91.81.40.50.30.10.10.10
Working Cap
Days
238162214112121119171185124142105
Cash Conv.
Cycle
196114138615473123127675377

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Suashish Diamonds Ltd.

Standalone Consolidated
TTM EPS (₹) 35.4 32.8
TTM Sales (₹ Cr.) 748 712
BVPS (₹.) 415.5 481.3
Reserves (₹ Cr.) 842 979
P/BV 0.57 0.49
PE 6.70 7.23
From the Market
52 Week Low / High (₹) 235.15 / 237.45
All Time Low / High (₹) 14.00 / 480.00
Market Cap (₹ Cr.) 492
Equity (₹ Cr.) 20.8
Face Value (₹) 10
Industry PE 83

Management X-Ray of Suashish 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 (%)

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Analyst's Notes

Key Ratios of Suashish Diamonds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Sales933.471,222.97792.111,263.071,020.861,156.90976.10713.28835.94748.47
Operating Expenses 910.511,155.62877.401,271.801,071.331,149.47904.31661.22775.74678.52
Manufacturing Costs59.4968.4036.9913.4015.3326.7929.4535.4039.608.85
Material Costs810.051,037.47707.351,225.51998.471,045.71845.89595.52686.66574.09
Employee Cost 4.9810.808.204.696.5510.2711.5414.8026.4341.39
Other Costs 35.9938.95124.8628.1950.9866.7017.4315.5123.0554.18
Operating Profit 22.9567.35-85.29-8.73-50.477.4271.7952.0660.2069.95
Operating Profit Margin (%) 2.5%5.5%-10.8%-0.7%-4.9%0.6%7.4%7.3%7.2%9.3%
Other Income 46.31111.8475.56156.86166.6885.9233.7630.0131.3229.06
Interest 15.0654.4444.3755.9535.1645.9025.654.375.256.36
Depreciation 3.324.223.222.732.693.793.754.034.634.33
Exceptional Items 00-7.580-1.760013.9800
Profit Before Tax 50.88120.53-64.9089.4576.6143.6576.1587.6481.6488.32
Tax 7.5637.71-5.0719.0514.756.1414.0618.4415.8014.84
Profit After Tax 43.3282.82-59.8370.4061.8637.5162.0969.2065.8473.48
PAT Margin (%) 4.6%6.8%-7.6%5.6%6.1%3.2%6.4%9.7%7.9%9.8%
Adjusted EPS (₹)20.939.9-28.833.929.818.129.933.331.735.4
Dividend Payout Ratio (%)7%5%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16

Equity and Liabilities

Shareholders Fund 506.44584.42524.60594.48656.34731.46793.54862.74928.581,002.22
Share Capital 20.8120.8120.8120.8120.8120.8120.8120.8120.8120.82
Reserves 485.62563.60503.79573.67635.52710.64772.73841.93907.77981.41
Minority Interest0000000000
Debt531.98893.53487.211,087.05927.91347.52216.7453.12123.96104.78
Long Term Debt531.98893.53487.211,087.05000000
Short Term Debt0000927.91347.52216.7453.12123.96104.78
Trade Payables64.2249.3125.1341.8329.9228.9356.5448.13159.3697.68
Others Liabilities 29.4368.9258.4357.9020.8857.8215.7510.976.7312.91
Total Liabilities 1,132.071,596.171,095.371,781.251,635.051,165.721,082.57974.961,218.631,217.59

Fixed Assets

Gross Block57.9667.6665.2165.1072.3887.0476.5381.5681.3886.36
Accumulated Depreciation36.4138.6640.2342.7244.0948.4046.4150.2053.5057.64
Net Fixed Assets21.5629.0124.9722.3828.2938.6430.1231.3627.8928.73
CWIP 7.588.098.138.080.261.732.301.050.790.10
Investments 59.22323.78189.80235.52415.97394.73477.89579.39717.97863.42
Inventories188.9493.75168.12127.6882.12143.98115.8337.7597.2839.38
Trade Receivables307.53302.01104.8194.6271.97227.45265.24200.92196.04193.18
Cash Equivalents 485.57709.63470.161,142.66885.61278.85111.90101.31165.5250.40
Others Assets61.67129.92129.37150.32150.8480.3379.2923.1813.1542.38
Total Assets 1,132.071,596.171,095.371,781.251,635.051,165.721,082.57974.961,218.631,217.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Cash Flow From Operating Activity 168111.8075.91118.07146.89-80.1132.31191.92110.6633.99
PBT 50.88120.53-57.3289.4578.3743.6576.1587.6481.6488.32
Adjustment 13.29-16.579.410.7610.74-3.40-5.06-25.95-13.34-19.40
Changes in Working Capital 110.642.12130.535.2765.88-108.53-25.57145.556.16-18.89
Tax Paid -6.80-34.28-6.68-7.41-8.10-11.83-13.21-15.28-13.80-16.03
Cash Flow From Investing Activity 73.56-235.15142.89-39.61-170.3519.96-73.05-36.93-114.55-33.54
Capex -2.38-10.183.92-0.11-0.67-5-23.3615.99-1.18-4.40
Net Investments 100.60-264.56130.13-45.72-182.2121.19-77.37-85.64-133.420
Others -24.6639.598.846.2312.533.7727.6932.7320.05-29.14
Cash Flow From Financing Activity -244.41123.21-213.65-29.69-26.9460.1849.66-155.2417.9426.41
Net Proceeds from Shares 0000000000.01
Net Proceeds from Borrowing 0000000000
Interest Paid 4.75-2.77-33.764.61-15.05-10.420-1.94-2.57-3.06
Dividend Paid -3.54-3.55-4.540.01000-0.01-0.010
Others -245.61129.53-175.34-34.31-11.8970.6049.66-153.2820.5229.46
Net Cash Flow -2.85-0.145.1548.77-50.400.028.93-0.2514.0526.87
PARTICULARSDec'06Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16
Ratios
ROE (%)9.0215.19-10.7912.589.895.418.148.367.357.61
ROCE (%)6.2513.91-1.6510.86.846.739.759.558.838.77
Asset Turnover Ratio0.810.90.590.880.60.830.870.690.760.61
PAT to CFO Conversion(x)3.881.35N/A1.682.37-2.140.522.771.680.46
Working Capital Days
Receivable Days1199194293047921198795
Inventory Days101426043383649392933
Payable Days25201910131018325582

Suashish Diamonds Ltd Stock News

Suashish Diamonds Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Suashish Diamonds 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 01-Jan-1970 05:30 the market cap of Suashish Diamonds stood at ₹492.1.
The latest P/E ratio of Suashish Diamonds as of 01-Jan-1970 05:30 is 6.70.
The latest P/B ratio of Suashish Diamonds as of 01-Jan-1970 05:30 is 0.57.
The 52-week high of Suashish Diamonds is ₹237.4 and the 52-week low is ₹235.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Suashish Diamonds is ₹748.5 ( Cr.) .

About Suashish Diamonds Ltd

Suashish Diamonds company was incorporated in 1988.Established over 4 decades ago, it is one of the India’s leading diamond and jewellwry manufactures and exporters. It is the sight holder of DTC International and DTC Botswana, and is listed at BSE.

Suashish is a fascinating world of natural diamonds and diamond studded jewellery. A world where traditional skills of sourcing, cutting and polishing diamonds come together with the most advanced manufacturing processes and systems, including the world’s largest conglomeration of laser cutting machines under one roof.

Suashish is a Sightholder of DTC International as well as of DTC Botswana and is vertically integrated from manufacturing of diamonds, jewellery to having its own retail distribution. The Group has been in the diamond business for over 5 decades and manufactures and stocks a complete range of Round White diamonds from 0.005 pts up to 2cts in all qualities. 

Product range of the company includes:

  • Prepared Rough It is the area of core competency of Suashish. The group offers a ranfe of rough diamonds carefully assorted keeping in mind the characterstics of the rough, the manufacturing process and the resultant end polish. The group also sells Makeable Kaps i.e. rough made to optimum shape ready for polishing.
  • Diamond manufacturing • Specialize in diamonds from 0.005 points upto 2 carats- round and Marquise.• 30+ polishing factories spread across western parts of India, employing over 10000 people.• World’s largest conglomeration of 60 laser machines processing over 3 million cts. Rough p.a.
  • Jewellery manufacturing Flagship manufacturing company spred across 100000 sq. ft. at Borivali, Mumbai. It has the capacity to manufacture over 1.5 million pieces, employing over 800 workers. It direct vendors to major retailers in US, UK and Canada. It make an extensive use of CAD/CAM technology. It has design studios in India and China creating over 500 designs every month. It makes sure that the jewellery manufactured is of assured quality.

Milestones:

  • 1960: Late Shri S Goenka started the diamond business.
  • 1972: Goenka Trading Company, the predecessor of Suashish Diamonda Limited was established
  • 1986: The company attained DTC sightholder status.
  • 1988: Suashish Diamond was incorporated
  • 1994: Opened 1st overseas office in Hong Kong by incorporating Suashish Diamonds(HK) to expand business to far east.Government of India awarded Suashish the status of Star Trading House based on export performance.
  • 1999: commenced jewellery business
  • 2003: Ishi’s brand launched with opening of retail shops in India and UAE
  • 2005: Distribution network expanded to China.Ishi’s won 3 Retail Jewellers Awards, best diamond jewellery design, excellence in jewellery retailing, and best brand promotion of the year.
  • 2007: Started state-of-art diamond manufacturing plant at Botswana Ranked 25th by Business World & 36th by The Economic Times out of top 500 companies of India. Ranked 27th among the top 100 wealth creators in India.
  • 2008: Established new state-of-art jewellery manufacturing factory in SEEPZ at Andheri, Mumbai.
  • 2012- Scheme of Amalgamation of the Company's Wholly-owned subsidiary Suashish Jewelry India Ltd. with the Company (Suashish Diamonds Ltd.)

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