Darshan Orna Ltd
Incorporated in 2011, Darshan Orna Ltd is in the business of Gold & Silver Jewelry and Ornaments including Diamond Jewellery[1]
- Market Cap ₹ 25.4 Cr.
- Current Price ₹ 5.07
- High / Low ₹ 6.99 / 3.39
- Stock P/E 8.60
- Book Value ₹ 3.89
- Dividend Yield 0.00 %
- ROCE 17.8 %
- ROE 16.7 %
- Face Value ₹ 2.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.74%
- Company has a low return on equity of 6.30% over last 3 years.
- Earnings include an other income of Rs.3.44 Cr.
* 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
0.80 | 1.20 | 8.23 | 15.30 | 11.72 | 39.69 | 9.26 | 18.14 | 6.02 | 13.10 | 13.82 | 20.87 | 31.76 | |
0.80 | 1.20 | 8.20 | 15.33 | 11.64 | 39.16 | 9.04 | 19.79 | 6.03 | 13.00 | 13.87 | 21.13 | 31.63 | |
Operating Profit | 0.00 | 0.00 | 0.03 | -0.03 | 0.08 | 0.53 | 0.22 | -1.65 | -0.01 | 0.10 | -0.05 | -0.26 | 0.13 |
OPM % | 0.00% | 0.00% | 0.36% | -0.20% | 0.68% | 1.34% | 2.38% | -9.10% | -0.17% | 0.76% | -0.36% | -1.25% | 0.41% |
0.00 | 0.00 | 0.00 | 0.04 | 0.04 | -0.26 | 0.00 | -0.01 | 2.06 | 0.83 | 0.18 | 3.44 | 3.44 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.02 | 0.05 | 0.05 | 0.05 | 0.05 | 0.09 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Profit before tax | 0.00 | 0.00 | 0.03 | 0.00 | 0.10 | 0.26 | 0.22 | -1.68 | 2.00 | 0.88 | 0.08 | 3.13 | 3.48 |
Tax % | 0.00% | 30.00% | 57.69% | 27.27% | 0.00% | 8.00% | 10.23% | 25.00% | 14.38% | ||||
0.00 | 0.00 | 0.02 | 0.00 | 0.07 | 0.10 | 0.15 | -1.68 | 1.84 | 0.79 | 0.06 | 2.67 | 2.95 | |
EPS in Rs | 0.00 | 0.00 | 0.04 | 0.00 | 0.01 | 0.02 | 0.03 | -0.34 | 0.37 | 0.16 | 0.01 | 0.53 | 0.59 |
Dividend Payout % | 0.00% | 0.00% | 119.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 33% |
5 Years: | 18% |
3 Years: | 51% |
TTM: | 168% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 78% |
3 Years: | 260% |
TTM: | 304% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -13% |
3 Years: | -32% |
1 Year: | 43% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | 1% |
3 Years: | 6% |
Last Year: | 17% |
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 | 0.05 | 0.05 | 0.52 | 3.51 | 4.76 | 4.76 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 | 10.01 |
Reserves | 0.24 | 0.24 | 2.89 | 0.62 | 7.00 | 7.12 | 2.18 | 0.17 | 2.09 | 3.03 | 3.05 | 8.91 | 9.47 |
0.00 | 0.10 | 0.00 | 0.25 | 0.01 | 0.35 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.69 | 4.69 | |
0.02 | 0.02 | 0.17 | 0.88 | 0.34 | 0.61 | 0.78 | 2.90 | 0.23 | 0.30 | 0.35 | 1.98 | 1.43 | |
Total Liabilities | 0.31 | 0.41 | 3.58 | 5.26 | 12.11 | 12.84 | 12.97 | 13.08 | 12.33 | 13.34 | 13.41 | 24.59 | 25.60 |
0.00 | 0.00 | 0.03 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.73 | 4.73 | 4.99 | 3.13 | 1.54 | 1.92 | 1.63 | 5.71 | 5.66 |
0.31 | 0.41 | 3.55 | 5.24 | 11.36 | 8.09 | 7.97 | 9.94 | 10.78 | 11.41 | 11.77 | 18.87 | 19.94 | |
Total Assets | 0.31 | 0.41 | 3.58 | 5.26 | 12.11 | 12.84 | 12.97 | 13.08 | 12.33 | 13.34 | 13.41 | 24.59 | 25.60 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-0.03 | 0.06 | -2.87 | -0.24 | -6.73 | 4.08 | 0.02 | -1.46 | -3.99 | -0.92 | 0.30 | -6.41 | |
0.00 | 0.00 | -0.03 | 0.00 | -0.94 | -4.00 | -0.26 | 1.85 | 3.60 | 0.52 | -0.11 | -0.64 | |
0.08 | 0.00 | 3.33 | 0.00 | 7.54 | 0.00 | 0.15 | -0.18 | 0.08 | 0.10 | -0.02 | -0.05 | |
Net Cash Flow | 0.05 | 0.06 | 0.42 | -0.24 | -0.13 | 0.08 | -0.09 | 0.21 | -0.31 | -0.31 | 0.16 | -7.10 |
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 | 18.25 | 6.08 | 90.92 | 82.30 | 190.91 | 53.43 | 134.02 | 101.01 | 32.74 | 8.64 | 62.07 | 0.00 |
Inventory Days | 105.66 | 88.78 | 42.81 | 24.27 | 153.74 | 17.62 | 176.24 | 78.09 | 625.62 | 315.84 | 251.56 | 322.45 |
Days Payable | 9.61 | 3.29 | 0.45 | 0.24 | 4.88 | 2.34 | 27.56 | 51.13 | 5.00 | 6.00 | 6.17 | 2.64 |
Cash Conversion Cycle | 114.30 | 91.58 | 133.28 | 106.33 | 339.77 | 68.71 | 282.69 | 127.97 | 653.37 | 318.47 | 307.46 | 319.81 |
Working Capital Days | 109.50 | 85.17 | 126.40 | 89.22 | 338.53 | 66.67 | 277.10 | 134.41 | 636.63 | 316.80 | 303.99 | 300.99 |
ROCE % | 0.00% | 0.00% | 1.58% | 0.00% | 1.36% | 4.58% | 1.80% | -14.75% | -0.09% | 0.88% | -0.38% | 17.84% |
Documents
Announcements
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Updates
17 Dec - Disclosure of substantial share acquisition by Niraj Shah.
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Darshan Orna Limited Has Informed BSE Regarding Disclosure Received From Niraj Shah Under Regulation 29(1) Of SEBI (SAST) Regulations, 2011
17 Dec - Disclosure of substantial acquisition of shares by Niraj Shah.
-
Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
17 Dec - Disclosure of share acquisition and sale by Niraj Shah.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
14 Dec - Appointment of new auditor and share split approved.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
13 Dec - Appointment of new auditor, share split, and rights issue approved.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
Business Overview:[1][2]
Company is a Wholesaler of Gold & Silver Jewelry and Ornaments. It is also in the trading business of silver and distributor of readymade gold & silver Jewelry & Ornaments.
This comprises of Traditional Jewelry ~20%, ~40 % of Modern Jewelry and ~40 % of Indo‐Western Jewelry.
The company sources its raw material from its
suppliers based in Gujarat