S.M. Gold Ltd
Incorporated in 2017, S. M. Gold Ltd manufactures and sells Mangalsutra and other jewelry [1]
- Market Cap ₹ 19.2 Cr.
- Current Price ₹ 19.2
- High / Low ₹ 42.7 / 15.2
- Stock P/E 12.6
- Book Value ₹ 22.3
- Dividend Yield 0.00 %
- ROCE 4.09 %
- ROE 1.78 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.83 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Quarterly Results
Figures in Rs. Crores
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: | -4% |
3 Years: | -61% |
1 Year: | -11% |
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% |
Documents
Announcements
-
Board Meeting Intimation for Considering And Approving The Source Of Raising Of Funds
28 Jan - Board meeting to consider raising funds through equity shares.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
16 Jan - DP) Regulations, please find the enclosed certificate received from the registrar and share transfer agent of the company for the quarter ended 31st December 2024
- Closure of Trading Window 27 Dec 2024
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
11 Dec 2024 - Appointment of AKGVG & Associates as statutory auditors.
-
Board Meeting Outcome for Outcome Of The Meeting Of Board Held On Wednesday, 11Th December, 2024.
11 Dec 2024 - Appointment of AKGVG & Associates as statutory auditors.
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