Veerkrupa Jewellers Ltd
₹ 1.57
-0.63%
03 Jan
- close price
About
Incorporated in 2019, Veerkrupa Jewellers Ltd is in the business of trading jewelry based products
Key Points
- Market Cap ₹ 20.6 Cr.
- Current Price ₹ 1.57
- High / Low ₹ 2.49 / 1.23
- Stock P/E 82.3
- Book Value ₹ 1.02
- Dividend Yield 0.00 %
- ROCE 1.97 %
- ROE 1.84 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -22.6%
- Promoter holding is low: 26.8%
- Company has a low return on equity of 1.08% 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 | |
|---|---|---|---|---|---|---|---|
| 1.62 | 10.95 | 4.63 | 12.26 | 18.80 | 13.85 | 12.66 | |
| 1.44 | 10.94 | 4.60 | 12.22 | 18.72 | 13.55 | 12.36 | |
| Operating Profit | 0.18 | 0.01 | 0.03 | 0.04 | 0.08 | 0.30 | 0.30 |
| OPM % | 11.11% | 0.09% | 0.65% | 0.33% | 0.43% | 2.17% | 2.37% |
| 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.02 | |
| Interest | 0.12 | 0.00 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.02 |
| Profit before tax | 0.09 | 0.00 | 0.02 | 0.01 | 0.05 | 0.28 | 0.30 |
| Tax % | 0.00% | 0.00% | 0.00% | 20.00% | 14.29% | ||
| 0.08 | 0.01 | 0.01 | 0.01 | 0.04 | 0.24 | 0.25 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 54% |
| 3 Years: | 44% |
| TTM: | -46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | 188% |
| TTM: | 108% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.61 | 1.87 | 1.87 | 4.86 | 7.86 | 13.11 |
| Reserves | 0.08 | 3.03 | 3.04 | 0.05 | 5.20 | 0.21 |
| 1.95 | 0.00 | 0.00 | 0.42 | 1.13 | 4.90 | |
| 0.71 | 0.31 | 5.44 | 4.84 | 0.83 | 3.47 | |
| Total Liabilities | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 21.69 |
| 0.56 | 0.04 | 0.06 | 0.05 | 0.04 | 0.06 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.12 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 |
| 2.67 | 5.17 | 10.29 | 10.12 | 14.86 | 21.63 | |
| Total Assets | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 21.69 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| -0.49 | -4.34 | 0.04 | -0.33 | -8.78 | 0.01 | |
| 0.19 | -0.04 | 0.09 | -0.01 | -0.01 | 0.09 | |
| 0.29 | 4.89 | 0.00 | 0.42 | 8.81 | 0.79 | |
| Net Cash Flow | 0.00 | 0.51 | 0.13 | 0.08 | 0.01 | 0.89 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 42.00 | 222.31 | 9.82 | 5.05 | |
| Inventory Days | 635.27 | 112.15 | 583.84 | 286.87 | 287.96 | |
| Days Payable | 197.82 | 10.07 | 437.68 | 146.79 | 16.68 | |
| Cash Conversion Cycle | 437.44 | 144.08 | 368.47 | 149.90 | 276.33 | |
| Working Capital Days | 439.35 | 145.00 | 379.19 | 153.92 | 269.87 | |
| ROCE % | 0.00% | 0.41% | 0.39% | 0.72% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2d - Submission of certificate under SEBI regulation 74(5) for Q4 2024.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
18 Dec - Resignation of Mr. Pinkeshkumar Jivanlal Shah as director.
-
Financial Results With Bifurcation Of Trade Payables
16 Dec - Submission of rectified standalone financial results.
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
11 Dec - Appointment of M/s. AKGVG & Associates as statutory auditor.
-
Board Meeting Outcome for Appointment Of Statutory Auditor-M/S AKGVG & Associates
11 Dec - Appointment of M/s. AKGVG & Associates as statutory auditors.
Business Overview:[1]
Company manufactures and trades different types of Gold and Silver jewelry products like chains, mangalsutra, gold/silver bars, necklace and bangles, gold based chains, bracelets, bangles, rings, earrings, ear chain, nose-rings, nose pins. Company purchases only readymade jewelries from jewelry manufacturers or independent jewelry wholesalers located in Ahmedabad and then sells them through its showroom and by its marketing and sales team directly to other jewelry stores. Company's products are sold throughout Gujarat only through B2B marketing and/ or Direct/Outbound marketing strategy