Equilateral Enterprises Ltd

Equilateral Enterprises Ltd

₹ 30.5 -4.98%
01 Apr 1:44 p.m.
About

Incorporated in 1988, Equilateral Enterprises Ltd deals in diamonds and other precious &
semi-precious stones[1]

Key Points

Business Overview:[1]
EEL operates in the diamond and jewelry industry, engaging in activities such as acquisition, sale, cutting, polishing, manufacturing, and processing of diamonds, pearls, gems, and precious metals. The company is also involved in import, export, trade, brokerage, agency services, distribution, franchising, and collaborations. Its product portfolio includes ornaments featuring diamonds, gold, silver, and other precious and semi-precious stones.

  • Market Cap 37.6 Cr.
  • Current Price 30.5
  • High / Low 32.3 / 20.9
  • Stock P/E 235
  • Book Value 8.78
  • Dividend Yield 0.00 %
  • ROCE 0.18 %
  • ROE 0.18 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 3.48 times its book value
  • Promoter holding is low: 8.04%
  • Company has a low return on equity of 0.15% over last 3 years.
  • Debtor days have increased from -8.45 to 59.7 days.

* 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: Tyres Industry: Tyres

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
2.17 3.33 0.31 0.56 0.06 0.80 0.00 0.59 2.71 8.14 1.33 1.22 7.21
2.29 3.60 0.32 0.63 0.08 1.85 0.11 0.50 2.77 9.26 1.66 1.29 7.21
Operating Profit -0.12 -0.27 -0.01 -0.07 -0.02 -1.05 -0.11 0.09 -0.06 -1.12 -0.33 -0.07 0.00
OPM % -5.53% -8.11% -3.23% -12.50% -33.33% -131.25% 15.25% -2.21% -13.76% -24.81% -5.74% 0.00%
0.12 0.30 0.00 0.05 0.01 1.11 0.00 0.03 0.01 1.18 0.25 0.10 0.15
Interest 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
Depreciation 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
Profit before tax 0.00 0.03 -0.01 -0.02 -0.01 0.06 -0.11 0.12 -0.05 0.06 -0.08 0.03 0.15
Tax % 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 0.03 -0.01 -0.02 -0.01 0.06 -0.11 0.12 -0.05 0.06 -0.08 0.03 0.15
EPS in Rs 0.00 0.02 -0.01 -0.02 -0.01 0.05 -0.09 0.10 -0.04 0.05 -0.06 0.02 0.12
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Mar 2014 9m Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0.04 0.00 7.38 38.98 95.29 18.84 0.96 1.60 0.33 6.48 1.72 11.43 17.90
0.12 0.02 7.48 39.27 96.21 19.84 1.65 1.80 0.34 6.47 2.86 12.64 19.42
Operating Profit -0.08 -0.02 -0.10 -0.29 -0.92 -1.00 -0.69 -0.20 -0.01 0.01 -1.14 -1.21 -1.52
OPM % -200.00% -1.36% -0.74% -0.97% -5.31% -71.88% -12.50% -3.03% 0.15% -66.28% -10.59% -8.49%
2.17 0.00 0.15 0.60 1.13 1.03 0.69 0.20 0.01 0.00 1.16 1.23 1.68
Interest 0.20 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.15 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 1.74 -0.02 0.05 0.31 0.21 0.03 0.00 0.00 0.00 0.01 0.02 0.02 0.16
Tax % 0.00% 0.00% 0.00% 3.23% 19.05% 0.00% 0.00% 0.00% 0.00% 0.00%
1.74 -0.02 0.05 0.30 0.18 0.03 0.00 0.00 0.00 0.01 0.02 0.02 0.16
EPS in Rs 3.90 -0.04 0.04 0.24 0.15 0.02 0.00 0.00 0.00 0.01 0.02 0.02 0.13
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 64%
3 Years: 226%
TTM: 337%
Compounded Profit Growth
10 Years: 12%
5 Years: %
3 Years: %
TTM: 700%
Stock Price CAGR
10 Years: 10%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: 0%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 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 5.97 5.97 13.83 12.33 12.33 12.33 12.33 12.33 12.33 12.33 12.33 12.33 12.33
Reserves -5.51 -5.53 -3.51 -1.72 -1.54 -1.51 -1.51 -1.50 -1.50 -1.49 -1.47 -1.45 -1.50
0.00 0.00 0.34 0.34 0.34 0.34 0.40 0.40 0.34 0.00 0.00 0.00 0.00
2.22 0.38 0.12 11.42 17.03 7.74 6.28 4.70 3.59 10.85 7.67 12.08 8.67
Total Liabilities 2.68 0.82 10.78 22.37 28.16 18.90 17.50 15.93 14.76 21.69 18.53 22.96 19.50
0.00 0.00 0.00 0.00 0.05 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00
CWIP 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
Investments 0.01 0.45 0.05 0.05 0.00 0.00 0.05 0.05 0.05 0.05 0.05 0.05 0.05
2.67 0.37 10.73 22.32 28.11 18.85 17.45 15.88 14.71 21.64 18.48 22.91 19.45
Total Assets 2.68 0.82 10.78 22.37 28.16 18.90 17.50 15.93 14.76 21.69 18.53 22.96 19.50

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.09 -0.04 -10.33 -0.58 -3.07 0.72 0.17 -0.09 -1.09 -14.24 6.35 0.04
4.15 -0.44 0.53 0.60 1.04 1.04 0.00 0.00 1.01 0.00 0.00 0.00
-4.00 0.52 9.83 0.00 2.18 -2.16 0.00 0.00 0.00 14.29 -6.35 0.00
Net Cash Flow 0.06 0.04 0.03 0.02 0.15 -0.40 0.17 -0.09 -0.07 0.05 0.00 0.04

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 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 0.00 0.00 67.14 53.40 69.94 688.18 47.91 276.52 -21.40 -63.66 59.72
Inventory Days 224.81 5.04 1.71 8.33 21.33 24.78 99.55 4.02 10.14 58.15
Days Payable 0.00 105.03 55.88 139.19 1,486.07 1,058.95 6,122.05 500.44 971.88 338.11
Cash Conversion Cycle 0.00 224.81 -32.86 -0.78 -60.92 -776.56 -986.26 -5,745.98 -517.83 -1,025.41 -220.24
Working Capital Days 2,281.25 509.42 -33.15 -9.08 -65.48 4,170.89 2,525.34 -3,417.73 -595.38 -1,547.01 -243.01
ROCE % 25.00% -1.80% 0.90% 2.87% 1.90% 0.27% 0.00% 0.00% 0.00% 0.09% 0.18% 0.18%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
8.04% 8.04% 8.04% 8.04% 8.04% 8.04% 8.04% 8.04% 8.04% 8.04% 8.04% 8.04%
91.96% 91.96% 91.96% 91.96% 91.95% 91.95% 91.96% 91.96% 91.96% 91.96% 91.96% 91.96%
No. of Shareholders 607607607606606606606605605605605604

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