Sovereign Diamonds Ltd

Sover. Diamonds Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Sovereign Diamonds Ltd

₹ 74.3 -1.99%
26 Dec - close price
sovereignjewellery.com BSE: 523826
About

Incorporated in 1974, Sovereign Diamonds Ltd manufactures and sells Gold Jewelry, Diamond studded Jewelry, and silver item[1]

Key Points

Product Profile:[1]
a) Gold
b) Diamond
c) Precious Stone
d) Semi Precious Stone
e) Pearl

Website BSE
  • Market Cap ₹ 43.0 Cr.
  • Current Price ₹ 74.3
  • High / Low ₹ 80.5 / 23.3
  • Stock P/E 59.8
  • Book Value ₹ 29.1
  • Dividend Yield 0.00 %
  • ROCE 10.7 %
  • ROE 8.52 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 2.56 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Company has a low return on equity of 9.26% over last 3 years.

* 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.

Peer comparison

Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery

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Quarterly Results

Figures in Rs. Crores

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
6.20 9.03 5.52 7.31 7.83 6.51 7.42 6.02 6.82 7.51 8.07 5.68 4.86
5.28 7.76 4.95 6.25 7.06 5.76 6.45 5.17 5.99 6.47 7.30 5.28 4.44
Operating Profit 0.92 1.27 0.57 1.06 0.77 0.75 0.97 0.85 0.83 1.04 0.77 0.40 0.42
OPM % 14.84% 14.06% 10.33% 14.50% 9.83% 11.52% 13.07% 14.12% 12.17% 13.85% 9.54% 7.04% 8.64%
0.16 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.22 0.22 0.23 0.24 0.27 0.30 0.32 0.32 0.32 0.31 0.37 0.31 0.33
Depreciation 0.12 0.12 0.14 0.12 0.12 0.12 0.13 0.12 0.13 0.13 0.13 0.12 0.12
Profit before tax 0.74 0.93 0.20 0.70 0.38 0.33 0.52 0.41 0.38 0.60 0.27 -0.03 -0.03
Tax % 0.00% 0.00% -10.00% 27.14% 26.32% 27.27% 26.92% 24.39% 26.32% 26.67% -22.22% 133.33% -100.00%
0.74 0.93 0.22 0.52 0.27 0.23 0.38 0.31 0.29 0.45 0.33 -0.06 0.00
EPS in Rs 1.28 1.61 0.38 0.90 0.47 0.40 0.66 0.54 0.50 0.78 0.57 -0.10 0.00
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 TTM
34.18 40.00 60.14 53.21 45.20 37.02 40.25 32.44 14.97 22.91 27.81 27.09 26.12
31.04 36.38 54.86 48.88 41.26 33.62 37.68 31.04 15.57 20.85 25.48 24.89 23.49
Operating Profit 3.14 3.62 5.28 4.33 3.94 3.40 2.57 1.40 -0.60 2.06 2.33 2.20 2.63
OPM % 9.19% 9.05% 8.78% 8.14% 8.72% 9.18% 6.39% 4.32% -4.01% 8.99% 8.38% 8.12% 10.07%
0.00 0.19 0.03 0.02 -0.02 0.01 0.00 0.48 0.59 0.66 1.26 1.33 0.00
Interest 1.51 1.80 2.14 2.05 1.92 1.83 1.66 1.35 1.00 0.92 1.17 1.35 1.32
Depreciation 0.43 0.44 0.37 0.45 0.48 0.53 0.50 0.46 0.45 0.49 0.49 0.50 0.50
Profit before tax 1.20 1.57 2.80 1.85 1.52 1.05 0.41 0.07 -1.46 1.31 1.93 1.68 0.81
Tax % 38.33% 35.03% 33.57% 34.05% 31.58% 24.76% 29.27% 57.14% 2.05% -2.29% 26.94% 17.86%
0.74 1.02 1.85 1.21 1.03 0.79 0.28 0.04 -1.49 1.33 1.41 1.38 0.72
EPS in Rs 1.28 1.76 3.20 2.09 1.78 1.36 0.48 0.07 -2.57 2.30 2.44 2.38 1.25
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: -4%
5 Years: -8%
3 Years: 22%
TTM: -2%
Compounded Profit Growth
10 Years: 3%
5 Years: 38%
3 Years: 43%
TTM: -41%
Stock Price CAGR
10 Years: 29%
5 Years: 79%
3 Years: 83%
1 Year: 211%
Return on Equity
10 Years: 6%
5 Years: 4%
3 Years: 9%
Last Year: 9%

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 Sep 2024
Equity Capital 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79 5.79
Reserves 2.43 3.45 5.15 6.36 7.34 8.18 8.44 8.48 7.00 8.33 9.74 11.09 11.03
14.36 14.30 16.79 15.33 13.99 14.17 11.90 11.98 12.08 11.32 12.65 11.53 11.30
3.22 4.09 11.67 7.25 2.11 1.09 5.07 7.27 2.07 3.37 3.28 2.96 3.29
Total Liabilities 25.80 27.63 39.40 34.73 29.23 29.23 31.20 33.52 26.94 28.81 31.46 31.37 31.41
2.46 2.56 2.57 2.96 2.85 2.43 2.83 3.30 3.65 3.61 4.09 4.14 3.95
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.14 0.00 0.00 0.04
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
23.34 25.07 36.83 31.77 26.38 26.80 28.37 30.22 23.29 25.06 27.37 27.23 27.42
Total Assets 25.80 27.63 39.40 34.73 29.23 29.23 31.20 33.52 26.94 28.81 31.46 31.37 31.41

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
-3.30 1.69 0.00 4.23 3.61 1.69 4.79 1.94 2.98 0.99 0.62 1.40
-0.34 -0.53 -0.50 -0.81 -0.40 -0.11 -0.90 -0.89 -0.84 -0.59 -0.82 0.98
4.22 -1.76 0.49 -3.42 -3.20 -1.56 -3.85 -1.11 -0.87 -1.65 0.20 -2.39
Net Cash Flow 0.58 -0.60 -0.01 0.00 0.01 0.02 0.04 -0.05 1.27 -1.25 0.00 -0.01

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 110.20 114.43 115.56 105.64 57.41 53.44 73.18 111.17 95.58 105.47 108.41 126.38
Inventory Days 153.25 126.43 114.80 113.94 179.92 264.34 220.88 274.48 496.29 384.16 334.45 315.51
Days Payable 27.92 29.47 67.63 34.68 5.26 10.90 49.61 90.11 37.91 53.14 43.87 38.03
Cash Conversion Cycle 235.53 211.39 162.73 184.89 232.07 306.87 244.45 295.53 553.95 436.50 398.99 403.86
Working Capital Days 207.38 190.53 151.55 167.58 194.94 251.52 210.29 260.70 492.52 351.30 317.88 326.20
ROCE % 13.97% 14.61% 19.15% 14.13% 12.71% 10.42% 7.63% 5.27% -1.64% 8.87% 11.56% 10.71%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01% 65.01%
34.99% 34.99% 34.99% 34.99% 34.99% 34.99% 34.99% 34.98% 34.99% 34.98% 34.99% 34.99%
No. of Shareholders 4,3514,4564,4234,4294,4774,7114,7114,9895,2175,6785,8407,027

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