Eighty Jewellers Ltd
₹ 32.4
5.00%
24 Apr
10:38 a.m.
About
Incorporated in 2010, Eighty Jewellers Ltd manufactures and trades Precious Gems & Jewelry
Key Points
- Market Cap ₹ 33.0 Cr.
- Current Price ₹ 32.4
- High / Low ₹ 64.1 / 24.1
- Stock P/E 15.3
- 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.
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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: | -14% |
| 1 Year: | -44% |
| 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
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
19 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended 31st March, 2025
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
27 Mar - Resignation of Company Secretary and Compliance Officer.
- Closure of Trading Window 27 Mar
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E Thursday, March 27, 2025
27 Mar - Resignation of Company Secretary effective March 27, 2025.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Jan - Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for the quarter ended 31.12.2024
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