Orosil Smiths India Ltd
Incorporated in 1994, Orosil Smiths India Ltd manufactures and sells silver jewelry, gold jewelry, plain jewelry and trading of Silver Articles.
- Market Cap ₹ 15.5 Cr.
- Current Price ₹ 3.75
- High / Low ₹ 6.19 / 3.20
- Stock P/E
- Book Value ₹ 0.39
- Dividend Yield 0.00 %
- ROCE -19.8 %
- ROE -32.0 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Stock is trading at 9.56 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -20.7% over past five years.
- Company has a low return on equity of -25.3% over last 3 years.
- Promoter holding has decreased over last 3 years: -24.3%
* 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
Quarterly Results
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
2.77 | 4.42 | 3.64 | 3.19 | 1.77 | 3.76 | 1.59 | 1.68 | 0.50 | 0.94 | 0.74 | 0.50 | 0.45 | |
3.52 | 4.30 | 3.44 | 3.13 | 1.82 | 3.59 | 1.81 | 1.79 | 0.73 | 1.10 | 0.97 | 0.78 | 0.71 | |
Operating Profit | -0.75 | 0.12 | 0.20 | 0.06 | -0.05 | 0.17 | -0.22 | -0.11 | -0.23 | -0.16 | -0.23 | -0.28 | -0.26 |
OPM % | -27.08% | 2.71% | 5.49% | 1.88% | -2.82% | 4.52% | -13.84% | -6.55% | -46.00% | -17.02% | -31.08% | -56.00% | -57.78% |
0.21 | 0.59 | 0.07 | 0.03 | 0.03 | 0.01 | -0.10 | 0.01 | -0.05 | 0.09 | 0.03 | 0.04 | 0.04 | |
Interest | 0.23 | 0.24 | 0.07 | 0.04 | 0.03 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.08 |
Depreciation | 0.38 | 0.36 | 0.47 | 0.30 | 0.23 | 0.20 | 0.17 | 0.16 | 0.12 | 0.13 | 0.13 | 0.15 | 0.15 |
Profit before tax | -1.15 | 0.11 | -0.27 | -0.25 | -0.28 | -0.03 | -0.50 | -0.26 | -0.40 | -0.20 | -0.34 | -0.41 | -0.45 |
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% | |
-1.14 | 0.11 | -0.28 | -0.25 | -0.28 | -0.03 | -0.49 | -0.26 | -0.40 | -0.19 | -0.35 | -0.41 | -0.44 | |
EPS in Rs | -0.28 | 0.03 | -0.07 | -0.06 | -0.07 | -0.01 | -0.12 | -0.06 | -0.10 | -0.05 | -0.08 | -0.10 | -0.11 |
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: | -20% |
5 Years: | -21% |
3 Years: | 0% |
TTM: | -25% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | -2% |
3 Years: | -6% |
TTM: | -26% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | -14% |
3 Years: | 3% |
1 Year: | -33% |
Return on Equity | |
---|---|
10 Years: | -12% |
5 Years: | -21% |
3 Years: | -25% |
Last Year: | -32% |
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 | 4.13 | 4.13 | 4.13 | 4.13 | 4.13 | 4.13 | 4.13 | 4.13 | 4.13 | 4.13 | 4.13 | 5.22 |
Reserves | -1.78 | 0.51 | -0.86 | -1.11 | -1.47 | -1.50 | -2.02 | -2.30 | -2.65 | -2.86 | -3.19 | -3.60 |
2.74 | 0.51 | 1.51 | 1.41 | 1.31 | 1.19 | 1.13 | 1.09 | 1.14 | 1.09 | 1.27 | 0.12 | |
0.54 | 0.31 | 0.09 | 0.10 | 0.32 | 0.05 | 0.16 | 0.08 | 0.04 | 0.26 | 0.66 | 0.69 | |
Total Liabilities | 5.63 | 5.46 | 4.87 | 4.53 | 4.29 | 3.87 | 3.40 | 3.00 | 2.66 | 2.62 | 2.87 | 2.43 |
2.60 | 2.92 | 2.34 | 2.04 | 1.82 | 1.62 | 1.45 | 1.34 | 1.22 | 1.11 | 1.21 | 1.06 | |
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 |
Investments | 0.77 | 0.61 | 0.43 | 0.38 | 0.27 | 0.27 | 0.26 | 0.21 | 0.22 | 0.22 | 0.22 | 0.22 |
2.26 | 1.93 | 2.10 | 2.11 | 2.20 | 1.98 | 1.69 | 1.45 | 1.22 | 1.29 | 1.44 | 1.15 | |
Total Assets | 5.63 | 5.46 | 4.87 | 4.53 | 4.29 | 3.87 | 3.40 | 3.00 | 2.66 | 2.62 | 2.87 | 2.43 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.62 | 0.44 | -0.07 | 0.12 | 0.01 | 0.13 | 0.08 | 0.07 | 0.03 | 0.00 | 0.01 | -0.06 | |
-0.09 | -0.07 | 0.35 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | -0.05 | 0.06 | -0.01 | 0.02 | |
0.62 | -0.38 | -0.16 | -0.14 | -0.14 | -0.13 | -0.06 | -0.04 | 0.00 | 0.00 | -0.03 | 0.00 | |
Net Cash Flow | -0.09 | -0.01 | 0.11 | -0.01 | -0.10 | 0.00 | 0.03 | 0.02 | -0.02 | 0.06 | -0.02 | -0.04 |
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 | 40.85 | 15.69 | 4.01 | 6.87 | 14.44 | 16.50 | 13.77 | 6.52 | 0.00 | 0.00 | 0.00 | 0.00 |
Inventory Days | 293.66 | 155.44 | 191.36 | 201.61 | 455.00 | 169.09 | 359.75 | 331.56 | 1,296.38 | 486.67 | 737.45 | 1,162.59 |
Days Payable | 8.30 | 0.00 | 2.36 | 2.64 | 65.00 | 1.17 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Cash Conversion Cycle | 326.21 | 171.13 | 193.01 | 205.84 | 404.44 | 184.43 | 373.52 | 338.08 | 1,296.38 | 486.67 | 737.45 | 1,162.59 |
Working Capital Days | 216.10 | 130.48 | 187.51 | 215.11 | 381.50 | 186.38 | 339.75 | 291.13 | 824.90 | 365.00 | 335.41 | 292.00 |
ROCE % | -17.57% | -1.95% | -4.43% | -4.34% | -5.95% | -0.51% | -10.76% | -8.44% | -12.64% | -7.63% | -14.88% | -19.75% |
Documents
Announcements
- Unaudited Financial Results Of Orosil Smiths India Limited For The First Quarter Ended June 30, 2024 Along With LRR 3h
- Board Meeting Outcome for Outcome Of The Board Meeting Dated July 25, 2024 3h
- Clarification And Submission Of Audit Report For Financial Statements For The Year Ended March 31, 2024. Ref: Email Received From BSE Dated June 28, 2024 17 Jul
- Board Meeting Intimation for Meeting Dated 25.07.2024 17 Jul
-
Announcement under Regulation 30 (LODR)-Cessation
8 Jul - Take note of the Cessation of Mrs. Bhavana Sampath Kumar from the position of Independent Director as her tenure has come to an end.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
from bse
Business Overview:[1]
Company has two jewelry brands, Sincere & Kuhjohl. Sincere deals in 14k gold jewelry made with Swarovski Zirconia (Signity) and 18k gold jewelry studded with diamonds and gemstones for its customers. Kuhjohl's jewellery collection is crafted in sterling silver with Swarovski elements which is a fusion of both tradition and modern designs. Company registered its hallmark named as “ORO” under the BIS and is now eligible to sell under the same hallmark.
Company gets intellectual support from a premier institution Jewelry Design & Technology Institute (JDTI) which is in turn supported by World Gold Council and promoted by the Indo-German export promotion project.