S.M. Gold Ltd

S.M. Gold Ltd

₹ 20.0 3.95%
22 Nov - close price
About

Incorporated in 2017, S. M. Gold Ltd manufactures and sells Mangalsutra and other jewelry [1]

Key Points

Business Overview:[1]
Company is in the business of manufacturing
and wholesale trading of mangal sutra jewellery and other jewellery. Company has an in-house design team which designs mangal sutra and other jewellery in traditional, modern, customized and indo-western styles. It also directly purchases designs from other jewellery designers. Apart from manufacturing jewellery, the company also gets its mangal sutra and other jewellery manufactured through job workers. The company sells its products under the brand name of S. M. Gold – the House of Mangalsutra

  • Market Cap 20.0 Cr.
  • Current Price 20.0
  • High / Low 42.7 / 15.2
  • Stock P/E 13.2
  • Book Value 22.3
  • Dividend Yield 0.00 %
  • ROCE 4.09 %
  • ROE 1.78 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.90 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 1.55% over last 3 years.
  • Earnings include an other income of Rs.0.97 Cr.
  • Promoter holding has decreased over last 3 years: -14.3%

* 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.

Loading peers table ...

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
14.46 20.91 9.48 6.61 12.02 26.97 23.96 14.40 13.51 26.97 35.28 23.30 18.30
14.31 20.60 9.46 6.17 11.50 25.75 24.49 13.93 12.99 25.75 35.08 23.49 17.46
Operating Profit 0.15 0.31 0.02 0.44 0.52 1.22 -0.53 0.47 0.52 1.22 0.20 -0.19 0.84
OPM % 1.04% 1.48% 0.21% 6.66% 4.33% 4.52% -2.21% 3.26% 3.85% 4.52% 0.57% -0.82% 4.59%
0.07 -0.00 1.53 -0.00 0.01 0.01 1.21 0.25 -0.00 0.01 0.96 -0.00 -0.00
Interest -0.06 0.22 0.13 0.07 0.05 0.18 0.28 0.15 0.13 0.18 0.83 0.15 0.05
Depreciation 0.01 -0.00 0.01 0.01 -0.00 0.01 0.02 0.01 0.01 0.01 0.02 0.01 0.01
Profit before tax 0.27 0.09 1.41 0.36 0.48 1.04 0.38 0.56 0.38 1.04 0.31 -0.35 0.78
Tax % 14.81% -0.00% 11.35% 25.00% 25.00% 24.04% 26.32% 21.43% 23.68% 24.04% -32.26% -0.00% 12.82%
0.24 0.09 1.25 0.28 0.36 0.79 0.28 0.44 0.29 0.79 0.40 -0.35 0.68
EPS in Rs 0.24 0.09 1.25 0.28 0.36 0.79 0.28 0.44 0.29 0.79 0.40 -0.35 0.68
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2018 9m Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
13 26 29 33 51 51 62 104
13 26 29 33 50 50 61 102
Operating Profit 0 0 0 1 1 1 1 2
OPM % 2% 0% 2% 2% 1% 1% 2% 2%
0 0 0 0 2 1 1 1
Interest -0 0 0 0 0 0 1 1
Depreciation 0 0 0 0 0 0 0 0
Profit before tax 0 0 0 1 2 1 1 2
Tax % 25% 33% 26% 13% 11% 25% 12%
0 0 0 1 2 1 1 2
EPS in Rs 0.29 0.02 0.14 0.60 1.67 1.07 1.19 1.52
Dividend Payout % -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: %
5 Years: 19%
3 Years: 23%
TTM: 32%
Compounded Profit Growth
10 Years: %
5 Years: 76%
3 Years: 17%
TTM: -16%
Stock Price CAGR
10 Years: %
5 Years: -1%
3 Years: -55%
1 Year: 17%
Return on Equity
10 Years: %
5 Years: 1%
3 Years: 2%
Last Year: 2%

Balance Sheet

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4 7 7 10 10 10 10 10
Reserves 1 6 6 3 5 6 12 12
0 2 4 5 9 13 17 14
1 0 0 0 0 1 1 2
Total Liabilities 6 14 17 18 24 30 40 39
0 0 1 0 0 0 0 0
CWIP -0 -0 -0 -0 -0 -0 -0 -0
Investments -0 -0 3 3 3 2 6 5
6 14 13 15 22 28 34 33
Total Assets 6 14 17 18 24 30 40 39

Cash Flows

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-5 -7 4 -1 -2 -1 10
-0 1 -4 1 0 1 -4
5 7 -0 0 1 1 -5
Net Cash Flow 0 2 -1 -0 -0 -0 0

Ratios

Figures in Rs. Crores

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 123 28 25 6 1 4 1
Inventory Days 36 148 136 164 157 200 200
Days Payable 7 -0 0 0 0 0 0
Cash Conversion Cycle 151 176 161 169 158 204 200
Working Capital Days 140 180 156 164 153 198 194
ROCE % 1% 3% 4% 3% 2% 4%

Shareholding Pattern

Numbers in percentages

35 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
58.98% 58.93% 58.93% 44.72% 44.72% 44.72% 44.72% 44.72% 44.72% 44.72% 44.72% 44.72%
0.10% 0.10% 0.10% 0.51% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
40.91% 40.96% 40.96% 54.75% 55.27% 55.27% 55.28% 55.28% 55.28% 55.27% 55.27% 55.28%
No. of Shareholders 3,0724,3894,80613,21813,80513,80413,54113,68813,68413,11613,22815,611

* 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.

Documents