R O Jewels Ltd
₹ 3.28
-2.09%
23 Dec
- close price
About
Incorporated in 2018, RO Jewels Ltd is in the business of procurement and sale of jewelry
Key Points
- Market Cap ₹ 16.6 Cr.
- Current Price ₹ 3.28
- High / Low ₹ 7.47 / 2.90
- Stock P/E 15.8
- Book Value ₹ 2.60
- Dividend Yield 0.00 %
- ROCE -0.48 %
- ROE -1.99 %
- Face Value ₹ 2.00
Pros
- 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
- Promoter holding has decreased over last quarter: -11.1%
- Promoter holding is low: 4.33%
- Company has a low return on equity of 4.49% over last 3 years.
- Company might be capitalizing the interest cost
- Earnings include an other income of Rs.1.39 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.
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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 | 125 | 44 | 50 | 507 | 366 | 373 | |
4 | 125 | 44 | 50 | 504 | 366 | 373 | |
Operating Profit | 0 | -0 | 0 | 0 | 2 | 0 | 0 |
OPM % | 0% | -0% | 0% | 0% | 0% | 0% | 0% |
0 | 0 | 0 | 0 | 1 | 1 | 1 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | -0 | 0 | 0 | 3 | 1 | 1 |
Tax % | 0% | 0% | 0% | 14% | 20% | 12% | |
0 | -0 | 0 | 0 | 2 | 1 | 1 | |
EPS in Rs | 0.01 | -0.02 | 0.02 | 0.04 | 0.40 | 0.18 | 0.21 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 144% |
3 Years: | 103% |
TTM: | -53% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | -68% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -24% |
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 | 3 | 3 | 3 | 10 | 10 | 10 |
Reserves | 1 | 7 | 7 | 7 | 2 | 3 | 3 |
0 | 1 | 1 | 1 | 2 | 7 | 8 | |
0 | 2 | 1 | 1 | 2 | 1 | 1 | |
Total Liabilities | 2 | 13 | 11 | 11 | 16 | 21 | 21 |
0 | 0 | 0 | 0 | 1 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 1 | 1 | 2 | 2 |
2 | 13 | 11 | 11 | 14 | 19 | 19 | |
Total Assets | 2 | 13 | 11 | 11 | 16 | 21 | 21 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-1 | -5 | -1 | -1 | 2 | 1 | |
0 | 0 | 0 | -1 | -1 | -1 | |
0 | 8 | 0 | -0 | -0 | -2 | |
Net Cash Flow | -0 | 3 | -1 | -2 | 1 | -1 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 0 | 14 | 2 | 9 | 1 | 3 |
Inventory Days | 127 | 12 | 72 | 65 | 7 | 13 |
Days Payable | 0 | 6 | 4 | 3 | 1 | 0 |
Cash Conversion Cycle | 127 | 20 | 70 | 70 | 7 | 16 |
Working Capital Days | 143 | 21 | 71 | 72 | 8 | 17 |
ROCE % | -2% | 1% | 2% | 16% | -0% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
17 Dec - Resignation of Company Secretary and Compliance Officer.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
12 Dec - Appointment of M/s. AKGVG & Associates as statutory auditors.
-
Board Meeting Outcome for As Attached
12 Dec - Appointment of M/s. AKGVG & Associates as statutory auditors.
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
6 Dec - Resignation of statutory auditor Rajesh J. Shah & Associates.
-
Financial Result For The Quarter And Half Year Ended 30.09.2024
21 Nov - Board approved un-audited financial results for Q2 2024.
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