Narbada Gems & Jewellery Ltd

Narbada Gems & Jewellery Ltd

₹ 56.0 0.90%
22 Jul 3:31 p.m.
About

Incorporated in 1992, Narbada Gems and Jewellery Ltd manufactures and trades in Gold, Color Stones and Diamond jewellery with emphasis on rose cut and flat diamond jewellery[1]

Key Points

Business Overview:[1]
Company focuses on making handcrafted jewellery. It has its own in - house designing and development team which includes Jewellery designers, merchandisers and creative head

  • Market Cap 118 Cr.
  • Current Price 56.0
  • High / Low 102 / 41.8
  • Stock P/E 23.3
  • Book Value 23.5
  • Dividend Yield 0.00 %
  • ROCE 11.7 %
  • ROE 10.8 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 28.7% CAGR over last 5 years
  • Debtor days have improved from 61.8 to 32.0 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 10.1% over last 3 years.
  • Company might be capitalizing the interest cost

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
16.22 10.40 18.54 19.51 12.19 22.51 21.97 29.56 19.02 23.25 20.39 31.52 9.17
15.43 9.05 17.79 17.22 11.41 19.20 20.90 28.03 19.23 19.49 19.17 25.24 11.72
Operating Profit 0.79 1.35 0.75 2.29 0.78 3.31 1.07 1.53 -0.21 3.76 1.22 6.28 -2.55
OPM % 4.87% 12.98% 4.05% 11.74% 6.40% 14.70% 4.87% 5.18% -1.10% 16.17% 5.98% 19.92% -27.81%
0.04 0.08 0.08 0.08 0.06 0.08 0.13 0.15 0.15 0.12 -0.03 0.10 0.12
Interest 0.12 0.18 0.12 0.14 0.24 0.23 0.17 0.33 0.57 0.42 0.39 0.49 0.46
Depreciation 0.04 0.04 0.04 0.04 0.05 0.05 0.05 0.06 0.05 0.05 0.05 0.12 0.14
Profit before tax 0.67 1.21 0.67 2.19 0.55 3.11 0.98 1.29 -0.68 3.41 0.75 5.77 -3.03
Tax % 37.31% 25.62% 25.37% 25.11% 27.27% 25.08% 26.53% 24.81% -32.35% 25.22% 25.33% 25.13% -23.10%
0.43 0.91 0.50 1.64 0.41 2.33 0.72 0.97 -0.46 2.55 0.56 4.32 -2.34
EPS in Rs 0.28 0.60 0.33 0.93 0.23 1.10 0.34 0.46 -0.22 1.21 0.26 2.04 -1.11
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8.84 16.16 16.40 13.12 11.58 26.27 40.57 55.43 38.00 60.63 93.05 84.32
8.35 15.60 15.86 12.44 11.22 24.58 38.32 51.33 34.70 55.45 87.34 75.61
Operating Profit 0.49 0.56 0.54 0.68 0.36 1.69 2.25 4.10 3.30 5.18 5.71 8.71
OPM % 5.54% 3.47% 3.29% 5.18% 3.11% 6.43% 5.55% 7.40% 8.68% 8.54% 6.14% 10.33%
0.02 0.00 0.00 0.00 0.00 0.00 0.13 0.08 0.23 0.31 0.51 0.30
Interest 0.00 0.00 0.00 0.00 0.00 0.09 0.30 0.76 0.62 0.70 1.31 1.76
Depreciation 0.00 0.02 0.01 0.02 0.02 0.02 0.07 0.15 0.15 0.16 0.21 0.37
Profit before tax 0.51 0.54 0.53 0.66 0.34 1.58 2.01 3.27 2.76 4.63 4.70 6.88
Tax % 19.61% 20.37% 18.87% 22.73% 32.35% 28.48% 27.86% 25.69% 26.09% 25.49% 24.26% 26.16%
0.41 0.43 0.42 0.51 0.24 1.13 1.44 2.43 2.03 3.46 3.55 5.08
EPS in Rs 0.76 0.80 0.78 0.95 0.81 1.41 1.45 2.02 1.34 1.96 1.68 2.40
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 18%
5 Years: 16%
3 Years: 30%
TTM: -9%
Compounded Profit Growth
10 Years: 28%
5 Years: 29%
3 Years: 36%
TTM: 46%
Stock Price CAGR
10 Years: 24%
5 Years: -1%
3 Years: 21%
1 Year: 0%
Return on Equity
10 Years: 11%
5 Years: 10%
3 Years: 10%
Last Year: 11%

Balance Sheet

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 5.42 5.42 5.42 5.42 2.99 8.04 9.97 12.08 15.21 17.70 21.18 21.18
Reserves -3.34 -2.91 -2.49 -1.98 0.68 3.07 5.00 7.96 12.17 17.38 23.37 28.45
0.00 0.00 0.00 0.00 0.00 1.49 8.74 10.01 10.91 12.85 29.51 24.50
1.43 0.15 1.35 1.67 0.38 3.27 1.77 1.59 3.11 6.20 8.12 3.04
Total Liabilities 3.51 2.66 4.28 5.11 4.05 15.87 25.48 31.64 41.40 54.13 82.18 77.17
0.00 0.10 0.10 0.08 0.06 0.10 1.04 0.94 0.83 1.18 1.31 4.25
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.55 2.24 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.29 0.46 0.57 0.36
3.51 2.56 4.18 5.03 3.99 15.77 24.44 30.70 40.14 51.94 78.06 72.56
Total Assets 3.51 2.66 4.28 5.11 4.05 15.87 25.48 31.64 41.40 54.13 82.18 77.17

Cash Flows

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.04 0.56 -0.37 -0.14 -0.05 -8.88 -7.76 -2.50 -7.11 -4.53 -14.94 4.92
0.00 -0.11 -0.02 0.00 0.00 -0.05 -1.02 -0.05 -0.15 -0.75 -1.84 -1.09
0.00 0.00 0.00 0.00 0.00 8.97 8.81 2.50 8.13 4.43 19.81 -6.77
Net Cash Flow 0.04 0.45 -0.38 -0.14 -0.05 0.04 0.03 -0.04 0.87 -0.85 3.02 -2.93

Ratios

Figures in Rs. Crores

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 53.26 21.46 42.06 101.27 105.28 130.61 78.45 83.96 144.85 73.26 79.98 32.03
Inventory Days 94.09 23.83 48.89 40.87 21.00 96.51 147.68 126.77 261.60 266.08 232.60 332.65
Days Payable 60.00 2.67 31.16 48.79 9.45 27.55 8.49 9.81 2.78 27.64 33.29 4.32
Cash Conversion Cycle 87.35 42.61 59.80 93.34 116.82 199.56 217.64 200.91 403.67 311.70 279.30 360.36
Working Capital Days 79.28 40.20 57.42 90.42 112.53 188.96 208.10 190.76 367.50 281.44 261.01 297.56
ROCE % 26.91% 23.53% 19.49% 20.72% 9.56% 20.53% 12.72% 14.99% 9.89% 12.02% 9.72% 11.66%

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
64.95% 69.89% 69.89% 74.85% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.98% 74.99%
35.05% 30.11% 30.11% 25.15% 25.01% 25.02% 25.02% 25.02% 25.01% 25.01% 25.02% 25.01%
No. of Shareholders 5,4035,4865,6215,6515,7505,6935,6895,6395,6305,7376,2186,244

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