Eighty Jewellers Ltd
₹ 45.9
4.74%
22 Nov
- close price
About
Incorporated in 2010, Eighty Jewellers Ltd manufactures and trades Precious Gems & Jewelry
Key Points
- Market Cap ₹ 46.9 Cr.
- Current Price ₹ 45.9
- High / Low ₹ 64.6 / 41.0
- Stock P/E 21.7
- Book Value ₹ 26.0
- Dividend Yield 0.00 %
- ROCE 8.28 %
- ROE 5.90 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.56% over past five years.
- Company has a low return on equity of 9.18% 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.
Loading peers table ...
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 78.67 | 61.75 | 76.26 | 115.10 | 93.51 | 80.91 | 96.14 | |
| 75.78 | 58.11 | 69.95 | 111.94 | 90.76 | 78.10 | 92.20 | |
| Operating Profit | 2.89 | 3.64 | 6.31 | 3.16 | 2.75 | 2.81 | 3.94 |
| OPM % | 3.67% | 5.89% | 8.27% | 2.75% | 2.94% | 3.47% | 4.10% |
| 0.30 | 0.38 | 0.38 | 0.97 | 0.38 | 0.10 | 0.10 | |
| Interest | 1.36 | 1.64 | 1.53 | 0.96 | 1.03 | 0.91 | 1.02 |
| Depreciation | 0.42 | 0.28 | 0.19 | 0.13 | 0.10 | 0.09 | 0.11 |
| Profit before tax | 1.41 | 2.10 | 4.97 | 3.04 | 2.00 | 1.91 | 2.91 |
| Tax % | 28.37% | 26.19% | 22.74% | 31.91% | 29.00% | 23.56% | |
| 1.00 | 1.55 | 3.84 | 2.08 | 1.42 | 1.46 | 2.16 | |
| EPS in Rs | 12.00 | 18.60 | 46.09 | 2.77 | 1.39 | 1.43 | 2.12 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 2% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | -28% |
| TTM: | 76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 6% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 9% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.83 | 0.83 | 0.83 | 7.50 | 10.20 | 10.20 | 10.20 |
| Reserves | 3.13 | 4.69 | 8.45 | 3.87 | 13.65 | 15.11 | 16.37 |
| 12.17 | 15.65 | 12.33 | 6.83 | 11.16 | 7.33 | 24.86 | |
| 11.33 | 10.58 | 10.36 | 13.28 | 5.26 | 3.89 | 5.93 | |
| Total Liabilities | 27.46 | 31.75 | 31.97 | 31.48 | 40.27 | 36.53 | 57.36 |
| 1.41 | 1.14 | 0.97 | 0.85 | 0.86 | 0.94 | 0.42 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.80 | 1.08 | 1.55 | 1.97 | 1.36 | 0.95 | 1.44 |
| 25.25 | 29.53 | 29.45 | 28.66 | 38.05 | 34.64 | 55.50 | |
| Total Assets | 27.46 | 31.75 | 31.97 | 31.48 | 40.27 | 36.53 | 57.36 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 1.88 | -1.57 | 2.29 | 0.46 | -9.65 | 1.60 | |
| -0.69 | -0.28 | -0.92 | 0.43 | 0.77 | 0.32 | |
| -1.56 | 1.91 | -0.39 | -1.86 | 9.07 | -2.09 | |
| Net Cash Flow | -0.36 | 0.05 | 0.98 | -0.97 | 0.18 | -0.17 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 7.42 | 11.11 | 1.77 | 11.54 | 10.97 | 1.71 |
| Inventory Days | 1,046.43 | 124.31 | 76.64 | 132.70 | 152.68 | |
| Days Payable | 352.51 | 10.96 | 32.82 | 13.10 | ||
| Cash Conversion Cycle | 701.34 | 11.11 | 115.11 | 55.36 | 130.57 | 154.39 |
| Working Capital Days | 69.97 | 120.11 | 88.69 | 52.39 | 129.16 | 140.70 |
| ROCE % | 20.05% | 30.39% | 19.99% | 10.79% | 8.28% |
Documents
Announcements
- Results- Financial Results For Half Year Ended 30/09/2024 14 Nov
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 14.11.2024
14 Nov - Board approved un-audited financial results for H1 2024.
-
Board Meeting Intimation for Meeting Scheduled To Be Held On 14.11.2024
7 Nov - Board meeting on November 14 to approve financial results.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Oct - Submission of certificate under SEBI regulations for Q3 2024.
- Submission Of Detail Regarding The Voting Result For The Annual General Meeting Held On 28Th September, 2024 Under Regulation 44(3) Of SEBI (LODR) Regulations, 2015 30 Sep
Business Overview:[1]
Company entered into a master franchise agreement in FY21 with Anopchand Tilokchand Jewellers Limited, under a B2B model, wherein company was given rights to open stores by brand name of Anopchand Tilokchand Jewellers either directly (own showroom) or through sub franchisee arrangements. Company also entered into a sub-franchise agreement in FY14 with M/s. Chhattisgarh Sales Corporation valid for 15 years. Company procures majority stock of jewelry from its group Company Anopchand Tilokchand Jewelers Private Limited and Adorable Jewels India Pvt. Ltd who undertakes designing and job work of its products. Company also gets items manufactured from independent job workers depending upon customer requirements