R O Jewels Ltd
₹ 2.51
0.80%
24 Apr
- close price
About
Incorporated in 2018, RO Jewels Ltd is in the business of procurement and sale of jewelry
Key Points
- Market Cap ₹ 12.7 Cr.
- Current Price ₹ 2.51
- High / Low ₹ 5.64 / 2.00
- Stock P/E
- Book Value ₹ 2.60
- Dividend Yield 0.00 %
- ROCE -0.48 %
- ROE -1.99 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.96 times its book value
- Company's working capital requirements have reduced from 32.3 days to 17.1 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.47%
- Promoter holding is low: 2.39%
- Company has a low return on equity of 4.49% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 4m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
4.24 | 125.36 | 43.72 | 49.79 | 506.52 | 366.31 | 64.33 | |
4.22 | 125.45 | 43.63 | 49.56 | 504.47 | 366.19 | 65.60 | |
Operating Profit | 0.02 | -0.09 | 0.09 | 0.23 | 2.05 | 0.12 | -1.27 |
OPM % | 0.47% | -0.07% | 0.21% | 0.46% | 0.40% | 0.03% | -1.97% |
0.00 | 0.00 | 0.00 | 0.00 | 0.54 | 1.29 | 0.47 | |
Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 | 0.17 | -0.15 |
Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.06 | 0.20 | 0.16 |
Profit before tax | 0.01 | -0.10 | 0.08 | 0.21 | 2.51 | 1.04 | -0.81 |
Tax % | 0.00% | 0.00% | 0.00% | 14.29% | 19.92% | 11.54% | |
0.01 | -0.09 | 0.08 | 0.18 | 2.01 | 0.92 | -0.50 | |
EPS in Rs | 0.01 | -0.02 | 0.02 | 0.04 | 0.40 | 0.18 | -0.09 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 144% |
3 Years: | 103% |
TTM: | -94% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -110% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | 28% |
1 Year: | -38% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 3% |
3 Years: | 4% |
Last Year: | -2% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 0.45 | 2.83 | 2.83 | 2.83 | 10.09 | 10.09 | 10.09 |
Reserves | 1.33 | 7.00 | 7.08 | 7.26 | 2.01 | 2.93 | 3.05 |
0.00 | 0.61 | 0.62 | 0.69 | 1.87 | 6.59 | 7.59 | |
0.01 | 2.22 | 0.58 | 0.61 | 1.54 | 1.18 | 0.75 | |
Total Liabilities | 1.79 | 12.66 | 11.11 | 11.39 | 15.51 | 20.79 | 21.48 |
0.11 | 0.10 | 0.09 | 0.08 | 0.55 | 0.53 | 0.53 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.65 | 1.06 | 1.74 | 1.73 |
1.68 | 12.56 | 11.02 | 10.66 | 13.90 | 18.52 | 19.22 | |
Total Assets | 1.79 | 12.66 | 11.11 | 11.39 | 15.51 | 20.79 | 21.48 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-0.87 | -5.16 | -1.05 | -1.06 | 2.09 | 1.19 | |
0.29 | 0.00 | 0.00 | -0.65 | -0.93 | -0.87 | |
0.50 | 8.15 | 0.00 | -0.01 | -0.02 | -1.51 | |
Net Cash Flow | -0.08 | 2.99 | -1.05 | -1.72 | 1.14 | -1.20 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 0.00 | 13.86 | 2.34 | 9.02 | 1.10 | 3.47 |
Inventory Days | 126.88 | 12.17 | 71.58 | 64.82 | 7.02 | 12.99 |
Days Payable | 0.00 | 6.30 | 4.38 | 3.40 | 0.71 | 0.35 |
Cash Conversion Cycle | 126.88 | 19.72 | 69.54 | 70.44 | 7.42 | 16.11 |
Working Capital Days | 142.90 | 21.43 | 70.96 | 71.99 | 7.93 | 17.11 |
ROCE % | -1.64% | 0.76% | 2.06% | 16.08% | -0.48% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Regulation 74(5) of SEBI (DP) Regulations for the Quarter ended as on 31st March 2025.
-
Corporate Action-Outcome of Right issue
4 Apr - Approval of rights issue to raise Rs. 49 Crores.
-
Announcement under Regulation 30 (LODR)-Raising of Funds
4 Apr - Approval of rights issue to raise Rs. 49 Crores.
-
Board Meeting Outcome for Outcome Of The Meeting Of The Board Of The Company Pursuant To SEBI(LODR) Regulations 2015
4 Apr - Approval for rights issue to raise Rs. 49 Crores.
- Closure of Trading Window 1 Apr
Business Overview:[1]
Company does wholesale of gold and Silver chains brand named Ravi Ornaments and offers variety of traditional, Indo-western, & modern chain and jewellery. Company procures gold & silver, that are hallmarked from BIS, majorly through bullion market and partially from local markets in Ahmedabad and purchase only readymade Chains and other jewelries from the jewelry manufacturers or independent jewelry wholesalers located in Ahmedabad and Mumbai. These are then sold through company's showroom situated at Manek Chowk, Ahmedabad and by its marketing and sales team directly to other jewelry stores only through B2B marketing or Direct/Outbound marketing strategy
Product Profile:[2]
a) Chains
b) Bracelets
c) Vertical Mala
d) Mangalsutra
e) Bangles
f) Set