Shoora Designs Ltd
₹ 84.6
-5.00%
14 Nov
- close price
About
Incorporated in 2021, Shoora Designs Ltd manufactures and trades Diamonds and Jewellery[1]
Key Points
- Market Cap ₹ 12.7 Cr.
- Current Price ₹ 84.6
- High / Low ₹ 96.5 / 38.7
- Stock P/E
- Book Value ₹ 48.8
- Dividend Yield 0.00 %
- ROCE 0.80 %
- ROE -1.61 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 3.30% over last 3 years.
- Working capital days have increased from 90.2 days to 256 days
* 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.
Peer comparison
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|
| 0.00 | 0.16 | 2.11 | 4.44 | 5.93 | |
| 0.01 | 0.11 | 1.95 | 4.41 | 6.28 | |
| Operating Profit | -0.01 | 0.05 | 0.16 | 0.03 | -0.35 |
| OPM % | 31.25% | 7.58% | 0.68% | -5.90% | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.01 | 0.02 |
| Profit before tax | -0.01 | 0.05 | 0.15 | 0.02 | -0.34 |
| Tax % | 0.00% | 20.00% | 26.67% | 250.00% | |
| -0.01 | 0.04 | 0.11 | -0.04 | -0.30 | |
| EPS in Rs | -10.00 | 40.00 | 1.02 | -0.27 | -2.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 110% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -136% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 71% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 3% |
| Last Year: | -2% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 1.08 | 1.50 | 1.50 |
| Reserves | -0.01 | 0.04 | 0.51 | 1.88 | 5.81 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.01 | 0.11 | 0.10 | 0.11 | 0.26 | |
| Total Liabilities | 0.01 | 0.16 | 1.69 | 3.49 | 7.57 |
| 0.00 | 0.00 | 0.03 | 0.04 | 0.22 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.01 | 0.16 | 1.66 | 3.45 | 7.35 | |
| Total Assets | 0.01 | 0.16 | 1.69 | 3.49 | 7.57 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| 0.00 | 0.14 | -1.38 | -1.93 | |
| 0.00 | -0.01 | -0.04 | -0.03 | |
| 0.01 | 0.00 | 1.43 | 2.03 | |
| Net Cash Flow | 0.01 | 0.13 | 0.01 | 0.07 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|
| Debtor Days | 0.00 | 138.39 | 135.64 | |
| Inventory Days | 0.00 | 142.44 | 130.55 | |
| Days Payable | 6.68 | 1.78 | ||
| Cash Conversion Cycle | 0.00 | 274.15 | 264.41 | |
| Working Capital Days | -228.12 | 242.18 | 256.49 | |
| ROCE % | 200.00% | 18.29% | 0.80% |
Documents
Announcements
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Statement Of No Deviation And/Or Variation In Utilization Of Warrant Issue Proceeds For The Period Ended 30Th September, 2024
14 Nov - Statement of no deviation in fund utilization.
-
Declaration Regarding Non-Applicability Of Submission Of Disclosure Of Related Party Transaction For The Half Year Ended September 30, 2024
14 Nov - Non-applicability of related party transaction disclosure.
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Unaudited Standalone Financial Result For The Half Year Ended On September 30, 2024
14 Nov - Approved unaudited financial results for H1 FY2024.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 14Th November, 2024
14 Nov - Board approved standalone unaudited financial results for H1 2024.
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Board Meeting Intimation for Intimation Of Notice Of Board Meeting To Be Held On 14Th November, 2024
7 Nov - Notice of Board meeting on 14th November 2024.
Business Overview:[1]
SDL deals in diamonds, focusing on Surat, Gujarat. It sources rough, polished, and uncut diamonds from primary and secondary suppliers, selling to retail and wholesale customers in Gujarat and Mumbai, including jewelry manufacturers and large retail chains.