Orosil Smiths India Ltd
₹ 3.99
3.10%
22 Nov
- close price
About
Incorporated in 1994, Orosil Smiths India Ltd manufactures and sells silver jewelry, gold jewelry, plain jewelry and trading of Silver Articles.
Key Points
- Market Cap ₹ 16.5 Cr.
- Current Price ₹ 3.99
- High / Low ₹ 6.19 / 3.20
- Stock P/E
- Book Value ₹ 0.33
- Dividend Yield 0.00 %
- ROCE -20.2 %
- ROE -57.1 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Promoter holding has increased by 2.85% over last quarter.
Cons
- Stock is trading at 12.0 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 -29.9% over last 3 years.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -21.4%
* 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
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 | 0.44 | |
| 3.52 | 4.30 | 3.44 | 3.13 | 1.82 | 3.59 | 1.81 | 1.79 | 0.73 | 1.10 | 0.97 | 0.78 | 0.69 | |
| 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 | -0.25 |
| 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% | -56.82% |
| 0.21 | 0.59 | 0.07 | 0.03 | 0.03 | 0.01 | -0.10 | 0.01 | -0.05 | 0.09 | 0.03 | 0.04 | 0.02 | |
| 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 | 0.01 |
| 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 | 0.14 |
| 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 | -0.38 |
| 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 | -0.38 | |
| 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 | -0.09 |
| 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: | -17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -2% |
| 3 Years: | -7% |
| TTM: | -3% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 3% |
| 3 Years: | 0% |
| 1 Year: | -11% |
| Return on Equity | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -23% |
| 3 Years: | -30% |
| Last Year: | -57% |
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 | 4.13 | 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 | -3.84 |
| 2.74 | 0.51 | 1.51 | 1.41 | 1.31 | 1.19 | 1.13 | 1.09 | 1.14 | 1.09 | 1.27 | 1.21 | 0.08 | |
| 0.54 | 0.31 | 0.09 | 0.10 | 0.32 | 0.05 | 0.16 | 0.08 | 0.04 | 0.26 | 0.66 | 0.69 | 0.91 | |
| 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 | 2.37 |
| 2.60 | 2.92 | 2.34 | 2.04 | 1.82 | 1.62 | 1.45 | 1.34 | 1.22 | 1.11 | 1.21 | 1.06 | 0.99 | |
| 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 | 0.77 | 0.61 | 0.43 | 0.38 | 0.27 | 0.27 | 0.26 | 0.21 | 0.22 | 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 | 1.16 | |
| 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 | 2.37 |
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 | 299.30 |
| ROCE % | -17.57% | -1.95% | -4.43% | -4.34% | -5.95% | -0.51% | -10.76% | -8.44% | -12.64% | -7.63% | -14.88% | -20.25% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Nov
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Nov
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Nov
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 18 Nov
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 11 Nov
Annual reports
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Financial Year 2023
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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
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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.