Deep Diamond India Ltd

Deep Diamond India Ltd

₹ 7.90 -1.37%
22 Nov - close price
About

Incorporated in 1993, Deep Diamond India Ltd is in the business of Gold and Diamond Studded Jewelry

Key Points

Product Portfolio:[1][2]
Company provides varied range of 18K real
diamond jewelry which are manufactured
at its own facility. Company also offers 100% buy back on all its real diamond jewelry which includes:
Rings, Earrings, Pendants, Mangal Sutra Pendants, Bangles, Bracelets, Necklace
sets, Nose pins, studs, solitaires, etc.
Company also manufactures real diamond watches, belts, cufflinks, shirt buttons,
etc. on order for men

  • Market Cap 25.3 Cr.
  • Current Price 7.90
  • High / Low 11.7 / 5.17
  • Stock P/E 29.7
  • Book Value 6.63
  • Dividend Yield 0.00 %
  • ROCE 4.03 %
  • ROE 2.33 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.19 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 0.08%
  • Company has a low return on equity of 5.11% over last 3 years.
  • Earnings include an other income of Rs.1.37 Cr.
  • Company has high debtors of 208 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -43.5%

* 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

Standalone Figures in Rs. Crores / View Consolidated

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
0.34 0.45 0.58 1.25 2.87 1.50 2.07 0.30 0.89 0.86 1.70 0.51 0.30
0.35 0.50 0.44 0.98 2.45 0.68 1.99 0.22 1.47 0.77 2.03 0.29 0.17
Operating Profit -0.01 -0.05 0.14 0.27 0.42 0.82 0.08 0.08 -0.58 0.09 -0.33 0.22 0.13
OPM % -2.94% -11.11% 24.14% 21.60% 14.63% 54.67% 3.86% 26.67% -65.17% 10.47% -19.41% 43.14% 43.33%
0.05 0.06 0.09 0.06 0.15 0.06 -0.02 0.27 0.26 0.55 0.54 0.19 0.09
Interest 0.00 0.00 0.00 0.00 0.01 0.05 0.04 0.12 0.03 0.05 0.21 0.03 0.02
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.00 0.00
Profit before tax 0.04 0.01 0.23 0.33 0.56 0.83 0.02 0.23 -0.35 0.58 -0.01 0.38 0.20
Tax % 0.00% 100.00% 26.09% 27.27% 25.00% 26.51% 200.00% 26.09% 0.00% 10.34% 1,000.00% 26.32% 25.00%
0.04 0.01 0.17 0.24 0.43 0.61 -0.02 0.17 -0.35 0.52 -0.11 0.29 0.15
EPS in Rs 0.01 0.00 0.05 0.08 0.13 0.01 -0.01 0.05 -0.11 0.16 -0.03 0.09 0.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
2.96 2.55 3.13 1.17 3.29 1.66 1.25 0.81 0.51 1.39 7.67 2.56 3.37
2.57 2.69 3.04 1.40 3.38 1.94 1.54 1.11 0.74 1.38 6.03 2.80 3.26
Operating Profit 0.39 -0.14 0.09 -0.23 -0.09 -0.28 -0.29 -0.30 -0.23 0.01 1.64 -0.24 0.11
OPM % 13.18% -5.49% 2.88% -19.66% -2.74% -16.87% -23.20% -37.04% -45.10% 0.72% 21.38% -9.38% 3.26%
0.00 0.62 0.16 0.19 0.22 0.28 0.28 0.29 0.26 0.26 0.23 1.09 1.37
Interest 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.13 0.26 0.31
Depreciation 0.05 0.03 0.03 0.05 0.04 0.02 0.02 0.02 0.02 0.00 0.01 0.01 0.02
Profit before tax 0.30 0.45 0.22 -0.09 0.09 -0.02 -0.03 -0.03 0.01 0.27 1.73 0.58 1.15
Tax % 30.00% 22.22% 31.82% -11.11% 22.22% 0.00% 0.00% 0.00% 500.00% 25.93% 27.75% 27.59%
0.20 0.35 0.15 -0.07 0.07 -0.02 -0.02 -0.03 -0.05 0.20 1.26 0.42 0.85
EPS in Rs 0.07 0.13 0.05 -0.02 0.02 -0.01 -0.01 -0.01 -0.02 0.06 0.39 0.13 0.27
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: 0%
5 Years: 15%
3 Years: 71%
TTM: -29%
Compounded Profit Growth
10 Years: 12%
5 Years: 86%
3 Years: 131%
TTM: 107%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 81%
1 Year: 31%
Return on Equity
10 Years: 2%
5 Years: 3%
3 Years: 5%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 2.99 2.99 3.20 3.20 3.20 3.20 3.20 3.20 3.20 3.20 4.81 4.81 4.81
Reserves 3.66 4.01 4.43 4.36 4.44 4.45 4.38 4.30 4.28 4.48 9.92 15.62 16.42
0.23 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.86 1.66 0.60
0.51 0.62 0.15 0.22 0.24 0.07 0.07 0.30 0.11 0.06 1.29 0.98 0.84
Total Liabilities 7.39 7.62 7.78 7.78 7.88 7.72 7.65 7.80 7.59 7.74 19.88 23.07 22.67
0.66 0.45 0.40 0.36 0.32 0.30 0.29 0.27 0.00 0.00 4.47 4.46 0.02
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 0.04 0.04 0.13 0.10 0.16 0.17 0.25 0.19 0.26 0.20 0.00 3.56 9.33
6.69 7.13 7.25 7.32 7.40 7.25 7.11 7.34 7.33 7.54 15.41 15.05 13.32
Total Assets 7.39 7.62 7.78 7.78 7.88 7.72 7.65 7.80 7.59 7.74 19.88 23.07 22.67

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.08 -0.26 -0.39 -0.19 0.08 -0.69 -0.25 -0.28 -0.15 0.55 3.23 -5.41
0.00 0.51 0.06 0.23 0.18 0.29 0.13 0.30 0.27 0.29 -4.03 -2.25
-0.07 -0.23 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 5.79 5.01
Net Cash Flow 0.01 0.02 0.17 0.04 0.26 -0.40 -0.12 0.02 0.12 0.84 4.99 -2.65

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 97.42 154.59 213.40 455.47 142.01 167.11 169.36 202.78 293.43 118.17 127.54 208.16
Inventory Days 964.25 889.05 446.78 1,621.71 400.81 877.67 1,120.30 1,942.92 3,432.97 1,207.61 86.55 264.73
Days Payable 0.00 0.00 0.00 69.30 19.28 0.00 0.00 0.00 0.00 11.65 84.11 236.65
Cash Conversion Cycle 1,061.67 1,043.64 660.19 2,007.88 523.53 1,044.78 1,289.66 2,145.70 3,726.40 1,314.12 129.99 236.24
Working Capital Days 754.66 918.94 798.80 2,130.73 735.55 886.11 1,138.80 1,662.78 2,784.02 947.95 122.78 213.87
ROCE % 4.99% 2.31% 3.01% -1.18% 1.18% -0.26% -0.39% -0.40% -0.40% 3.30% 14.24% 4.03%

Shareholding Pattern

Numbers in percentages

144 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
43.60% 38.39% 35.00% 0.13% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08% 0.08%
0.00% 0.00% 0.00% 0.00% 0.00% 1.04% 1.04% 1.04% 1.04% 1.04% 1.04% 1.04%
56.40% 61.61% 65.00% 99.87% 99.92% 98.88% 98.87% 98.87% 98.88% 98.88% 98.87% 98.87%
No. of Shareholders 4858017551,2261,44327,12129,34929,04428,15727,51426,50863,032

* 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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