S.M. Gold Ltd
Incorporated in 2017, S. M. Gold Ltd manufactures and sells Mangalsutra and other jewelry [1]
- 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.
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: | -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% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Nov - Newspaper publication of the unaudited financial results for the quarter and half year ended 30th September 2024.
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
14 Nov - Resignation of statutory auditor Aniket Goyal & Associates.
- Submission Of Un-Audited Financial Results (Standalone) For The Quarter And Half Year Ended On 30Th September, 2024 Pursuant To Regulation 33 Of SEBI (LODR) Regulations, 2015 12 Nov
-
Board Meeting Outcome for Board Meeting Outcome And Submission Of Un-Audited Financial Results (Standalone) For The Quarter And Half Year Ended On 30Th September, 2024 Pursuant To Regulation 33 Of SEBI (LODR) Regulations, 2015
12 Nov - Board approved un-audited financial results for Q2 2024.
-
Board Meeting Intimation for Board Meeting Intimation For Prior Intimation Of Forthcoming Meeting Of The Board Under Regulation 29 Of SEBI (LODR) Regulations, 2015
6 Nov - Board meeting to approve financial results on November 12, 2024.
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