Swarnsarita Jewels India Ltd

Swarnsarita Jewels India Ltd

₹ 44.1 -0.70%
20 Dec - close price
About

Incorporated in 2005, Swarnsarita Jewels India Ltd is a manufacturer, wholesaler and retailer of Gold and Diamond Jewelry

Key Points

Business Overview:[1]
Company is involved in the business of Export & Import and Manufacturing & Trading of Polished Diamonds, Gems & Jewelry

  • Market Cap 92.2 Cr.
  • Current Price 44.1
  • High / Low 65.0 / 23.1
  • Stock P/E 12.7
  • Book Value 62.1
  • Dividend Yield 0.00 %
  • ROCE 6.50 %
  • ROE 3.98 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.71 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 7.00% over past five years.
  • Company has a low return on equity of 5.46% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoters have pledged 57.7% of their holding.

* 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

Consolidated Figures in Rs. Crores / View Standalone

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
263.55 257.12 199.12 207.46 269.38 211.23 151.83 194.31 200.46 203.68 171.25 155.10 229.74
261.09 253.64 197.46 203.72 263.53 213.65 145.66 184.86 200.13 201.08 169.66 144.97 227.17
Operating Profit 2.46 3.48 1.66 3.74 5.85 -2.42 6.17 9.45 0.33 2.60 1.59 10.13 2.57
OPM % 0.93% 1.35% 0.83% 1.80% 2.17% -1.15% 4.06% 4.86% 0.16% 1.28% 0.93% 6.53% 1.12%
2.13 1.60 2.79 1.98 0.86 0.12 0.19 0.13 0.70 0.29 0.46 0.06 0.32
Interest 1.73 1.64 1.94 2.11 2.65 1.07 1.97 2.07 2.36 2.54 1.63 1.77 1.82
Depreciation 0.07 0.07 0.06 0.06 0.06 0.07 0.09 0.07 0.07 0.08 0.09 0.09 0.10
Profit before tax 2.79 3.37 2.45 3.55 4.00 -3.44 4.30 7.44 -1.40 0.27 0.33 8.33 0.97
Tax % 44.44% 21.96% 33.88% 25.07% 29.25% -18.60% 16.28% 25.00% -25.00% 25.93% 75.76% 24.97% 24.74%
1.56 2.62 1.61 2.67 2.83 -2.80 3.60 5.58 -1.05 0.20 0.07 6.25 0.73
EPS in Rs 0.75 1.25 0.77 1.28 1.36 -1.34 1.72 2.67 -0.50 0.10 0.03 2.99 0.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
157 170 240 322 287 486 549 559 576 841 840 770 760
156 168 236 317 281 480 542 553 565 831 827 756 743
Operating Profit 1 2 5 5 5 7 6 6 11 10 13 14 17
OPM % 1% 1% 2% 1% 2% 1% 1% 1% 2% 1% 2% 2% 2%
1 2 4 5 4 4 6 7 4 7 3 2 1
Interest 0 1 3 5 4 4 5 5 6 7 8 9 8
Depreciation 0 0 0 0 0 0 0 1 0 0 0 0 0
Profit before tax 2 3 5 4 4 6 7 7 8 10 8 7 10
Tax % 22% 20% 32% 31% 31% 33% 33% 34% 31% 27% 25% 27%
2 2 3 3 3 4 5 5 5 8 6 5 7
EPS in Rs 0.76 1.00 1.54 1.29 1.38 2.08 2.29 2.17 2.62 3.59 3.01 2.29 3.47
Dividend Payout % 66% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 16%
5 Years: 7%
3 Years: 10%
TTM: 0%
Compounded Profit Growth
10 Years: 9%
5 Years: 0%
3 Years: -4%
TTM: 36%
Stock Price CAGR
10 Years: 1%
5 Years: 44%
3 Years: 26%
1 Year: 28%
Return on Equity
10 Years: 5%
5 Years: 5%
3 Years: 5%
Last Year: 4%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 21 21 21 21 21 21 21 21 21 21 21 21 21
Reserves 53 55 58 61 64 68 73 77 83 91 97 102 109
0 15 48 75 79 105 131 101 117 126 121 108 108
11 30 8 12 7 11 9 9 5 6 9 11 17
Total Liabilities 85 121 135 169 171 205 234 208 226 244 248 241 254
0 0 0 2 2 2 2 3 5 5 5 6 7
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 1 1 6 3 0 0 0 0 0 0 0 0
84 120 134 161 166 204 232 205 220 239 243 234 248
Total Assets 85 121 135 169 171 205 234 208 226 244 248 241 254

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-4 -13 -29 1 -17 -2 -26 13 6 8 9 5
16 1 2 -4 5 5 2 1 -1 2 1 -1
-12 16 37 21 0 22 20 -35 7 2 -13 -22
Net Cash Flow -0 3 10 18 -12 25 -4 -21 13 12 -3 -18

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 34 96 57 54 56 40 42 45 57 37 33 42
Inventory Days 96 95 86 79 116 68 77 69 57 43 49 54
Days Payable 22 65 8 11 5 2 3 2 1 1 3 3
Cash Conversion Cycle 108 127 135 121 167 106 117 113 112 79 79 92
Working Capital Days 168 183 170 129 173 106 114 109 111 78 80 91
ROCE % 5% 7% 7% 5% 6% 6% 6% 7% 8% 7% 6%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
50.19% 50.19% 52.03% 52.03% 52.03% 52.03% 52.03% 52.03% 52.03% 52.03% 52.03% 52.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02%
49.81% 49.81% 47.97% 47.96% 47.98% 47.97% 47.97% 47.96% 47.96% 47.97% 47.96% 47.96%
No. of Shareholders 7,3137,5927,5037,5247,5767,5737,5988,0888,1808,3748,3219,309

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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