Uday Jewellery Industries Ltd

Uday Jewellery Industries Ltd

₹ 148 -2.95%
21 Nov 4:00 p.m.
About

Uday Jewellery Industries Ltd is engaged in the business of manufacturing, sale and trading of stone-studded gold jewellery, diamond-studded jewellery and silver items and cubic zirconia with natural and color stones in different geographical areas i.e. domestic sales and export sales. It is a part of Sanghi Group. [1][2][3]

Key Points

History & Overview[1]
The Company was incorporated on May 13, 1999 under the name of Net Trade Innovations Private Limited.The Company was subsequently converted into a Public Limited Company on February 16, 2000. The name of the Company was changed to Hifunda.Com Limited on February 18, 2000. On June 04, 2004, the Company again changed its name to Hifunda Ltd. and changed its various business activities.
The name was changed to Uday Jewellery Industries Limited on 17th October, 2011 post their takeover by the present management. Currently, Company is carrying on the business of Trading in cz and colour stone studded jewellery.

  • Market Cap 326 Cr.
  • Current Price 148
  • High / Low 254 / 114
  • Stock P/E 39.5
  • Book Value 37.2
  • Dividend Yield 0.00 %
  • ROCE 13.3 %
  • ROE 12.0 %
  • Face Value 10.0

Pros

  • Company's median sales growth is 25.0% of last 10 years

Cons

  • Stock is trading at 3.98 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 12.5% over last 3 years.
  • Company might be capitalizing the interest cost

* 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

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
29.74 46.73 35.19 42.39 44.63 44.67 45.04 34.21 42.48 54.65 41.84 41.49 62.27
27.80 43.74 32.24 39.06 41.61 41.14 41.63 30.04 38.73 50.40 41.15 37.59 58.11
Operating Profit 1.94 2.99 2.95 3.33 3.02 3.53 3.41 4.17 3.75 4.25 0.69 3.90 4.16
OPM % 6.52% 6.40% 8.38% 7.86% 6.77% 7.90% 7.57% 12.19% 8.83% 7.78% 1.65% 9.40% 6.68%
0.14 0.24 0.39 0.61 0.64 0.18 0.12 0.39 0.30 0.10 0.11 0.08 0.05
Interest 0.16 0.18 0.41 0.38 0.42 0.40 0.55 0.47 0.29 0.42 0.32 0.32 0.40
Depreciation 0.05 0.05 0.05 0.05 0.07 0.07 0.07 0.07 0.07 0.07 0.15 0.17 0.20
Profit before tax 1.87 3.00 2.88 3.51 3.17 3.24 2.91 4.02 3.69 3.86 0.33 3.49 3.61
Tax % 25.13% 25.33% 29.17% 25.07% 27.76% 22.53% 28.87% 25.12% 25.20% 25.13% 81.82% 25.21% 25.48%
1.40 2.25 2.04 2.62 2.29 2.51 2.08 3.01 2.76 2.89 0.06 2.62 2.69
EPS in Rs 0.64 1.02 0.93 1.19 1.04 1.14 0.94 1.37 1.25 1.31 0.03 1.19 1.22
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
19 20 25 32 45 72 73 92 93 122 177 173 200
17 19 24 30 44 68 68 82 86 114 163 160 187
Operating Profit 2 1 1 1 2 4 5 10 8 8 13 13 13
OPM % 8% 5% 5% 4% 3% 5% 7% 11% 8% 7% 8% 7% 6%
-0 0 0 1 1 0 0 0 1 1 2 1 0
Interest 0 0 0 0 1 1 1 1 1 1 2 2 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 1
Profit before tax 2 1 1 2 2 3 4 9 8 8 13 12 11
Tax % 20% 18% 18% 19% 27% 21% 23% 26% 26% 27% 26% 27%
1 1 1 2 1 2 3 7 6 6 10 9 8
EPS in Rs 1.37 0.83 1.02 1.50 1.04 1.41 1.59 3.15 2.63 2.59 4.31 3.96 3.75
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 24%
5 Years: 19%
3 Years: 23%
TTM: 20%
Compounded Profit Growth
10 Years: 28%
5 Years: 23%
3 Years: 15%
TTM: -20%
Stock Price CAGR
10 Years: %
5 Years: 12%
3 Years: 12%
1 Year: 16%
Return on Equity
10 Years: 12%
5 Years: 13%
3 Years: 13%
Last Year: 12%

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 11 11 12 12 12 18 20 23 23 23 23 23 23
Reserves -7 -6 -0 2 3 12 15 24 30 36 45 54 59
0 0 0 4 10 7 12 10 13 27 33 24 33
0 0 0 0 0 1 2 2 1 2 5 9 8
Total Liabilities 5 5 13 19 25 37 49 59 67 88 106 109 122
0 0 0 0 1 1 1 1 1 1 1 5 7
CWIP 0 0 0 0 0 0 0 0 0 1 2 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
4 4 12 18 24 36 48 58 66 87 102 104 116
Total Assets 5 5 13 19 25 37 49 59 67 88 106 109 122

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 0 -6 -1 -5 -7 -9 -2 -1 -14 2 12
-0 -0 0 1 -0 0 0 0 0 -1 -3 -2
0 0 6 0 5 9 7 2 2 13 4 -11
Net Cash Flow -0 0 0 -0 -0 2 -2 0 2 -2 4 -1

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 42 23 43 90 70 96 98 123 114 103 92 101
Inventory Days 42 17 95 82 93 67 132 96 120 151 116 119
Days Payable 2 6 2 0 1 4 4 2 2 4 7 18
Cash Conversion Cycle 82 34 136 172 162 159 227 217 232 249 200 202
Working Capital Days 72 32 129 174 167 156 219 213 237 245 192 193
ROCE % 45% 21% 17% 11% 10% 12% 12% 20% 14% 11% 16% 13%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.53% 73.53% 73.71% 73.71% 73.71% 73.76% 73.76% 73.76% 73.76% 73.76% 73.76% 73.77%
26.47% 26.47% 26.29% 26.29% 26.29% 26.24% 26.24% 26.24% 26.24% 26.24% 26.24% 26.24%
No. of Shareholders 3,0383,1232,9576,8069,6898,4498,0637,3185,4304,9755,0025,621

Documents

Concalls