Gitanjali Gems Ltd

Gitanjali Gems Ltd

₹ 1.05 5.00%
01 Apr 2019
About

Gitanjali Gems Ltd. is engaged in the trading, manufacturing, import and export of diamond cutting and polishing, diamond studded jewelry and plain gold jewelry.

  • Market Cap 12.4 Cr.
  • Current Price 1.05
  • High / Low /
  • Stock P/E 0.06
  • Book Value 567
  • Dividend Yield 0.00 %
  • ROCE 5.96 %
  • ROE 2.58 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.00 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 5.80% over past five years.
  • Tax rate seems low
  • Company has a low return on equity of 2.67% over last 3 years.
  • Contingent liabilities of Rs.751 Cr.
  • Earnings include an other income of Rs.319 Cr.
  • Company has high debtors of 283 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2014 Dec 2014 Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017
2,471 3,450 3,487 2,845 3,457 3,400 4,283 3,710 3,965 3,353 5,545 5,611 3,789
2,190 3,229 3,208 2,716 3,244 3,168 4,104 3,571 3,763 3,125 5,442 5,431 3,666
Operating Profit 281 220 280 129 213 232 179 140 201 228 103 180 123
OPM % 11% 6% 8% 5% 6% 7% 4% 4% 5% 7% 2% 3% 3%
-24 155 -101 109 21 -3 30 75 33 27 123 55 113
Interest 222 270 204 208 189 137 197 146 171 178 198 160 140
Depreciation 10 9 20 19 20 18 24 17 18 20 20 8 27
Profit before tax 24 96 -45 12 25 73 -12 51 45 57 8 68 69
Tax % 20% -1% -16% -25% -20% 3% -19% -12% -0% -3% 32% -2% 8%
19 97 -40 14 30 70 -9 57 46 59 6 69 64
EPS in Rs 1.87 9.79 -2.96 2.03 3.22 7.37 -2.27 5.24 3.84 4.86 0.47 5.86 5.38
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 TTM
2,403 3,467 4,832 5,089 6,527 9,377 12,498 16,418 12,436 11,481 13,984 16,571 18,297
2,286 3,293 4,561 4,762 6,043 8,787 11,622 15,225 11,573 10,401 13,208 15,872 17,664
Operating Profit 117 174 271 327 484 590 876 1,194 863 1,080 776 699 633
OPM % 5% 5% 6% 6% 7% 6% 7% 7% 7% 9% 6% 4% 3%
2 12 6 3 3 104 83 10 9 29 175 259 319
Interest 53 63 62 137 218 254 406 546 797 973 772 721 676
Depreciation 3 7 20 34 45 56 29 37 38 47 81 75 74
Profit before tax 63 116 195 158 225 383 524 621 36 88 98 161 202
Tax % 15% 12% 11% 2% 10% 7% 6% 4% 1% -1% -8% -3%
54 102 175 155 202 357 490 595 36 87 105 167 198
EPS in Rs 8.61 15.55 18.89 17.70 41.81 53.47 64.27 3.64 9.73 10.12 14.14 16.57
Dividend Payout % 12% 10% 10% 10% 8% 7% 6% 5% 0% 0% 5% 6%
Compounded Sales Growth
10 Years: 17%
5 Years: 6%
3 Years: 10%
TTM: 19%
Compounded Profit Growth
10 Years: 6%
5 Years: -19%
3 Years: 70%
TTM: 21%
Stock Price CAGR
10 Years: -33%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 3%
Last Year: 3%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Sep 2017
Equity Capital 59 59 85 85 84 85 91 92 92 98 102 119 119
Reserves 710 769 1,800 1,992 2,112 2,445 3,019 3,676 3,852 4,061 6,223 6,444 6,603
697 1,459 1,634 2,047 2,595 3,127 3,944 5,239 8,484 8,819 8,361 8,254 7,185
620 1,122 1,842 1,769 1,624 2,449 3,637 4,911 2,266 3,746 6,288 8,722 9,969
Total Liabilities 2,086 3,409 5,360 5,893 6,416 8,107 10,690 13,919 14,694 16,724 20,975 23,539 23,876
22 133 267 307 309 275 243 283 327 363 2,520 2,528 2,288
CWIP 12 44 60 53 63 95 96 88 81 81 81 40 40
Investments 10 23 14 33 36 43 58 102 86 84 49 62 78
2,042 3,209 5,019 5,500 6,008 7,693 10,292 13,445 14,200 16,196 18,325 20,909 21,470
Total Assets 2,086 3,409 5,360 5,893 6,416 8,107 10,690 13,919 14,694 16,724 20,975 23,539 23,876

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
-112 102 -636 137 526 368 -16 -2,966 463 1,338
-132 -206 -133 -24 -58 -7 -107 -34 -90 -31
450 609 -57 -172 -267 -149 441 2,385 -468 -1,330
Net Cash Flow 206 506 -826 -59 201 212 318 -615 -95 -23

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017
Debtor Days 188 160 172 198 181 156 157 160 278 315 301 283
Inventory Days 45 93 112 175 141 132 126 112 122 194 163 173
Days Payable 82 105 148 129 88 100 113 112 58 123 164 199
Cash Conversion Cycle 150 148 137 244 234 188 171 160 343 386 300 257
Working Capital Days 163 167 162 247 234 178 168 159 330 376 302 252
ROCE % 9% 9% 8% 10% 12% 14% 14% 8% 9% 6% 6%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017
32.88% 30.28% 30.99% 31.04% 31.04% 31.04% 27.76%
3.33% 0.45% 5.59% 8.17% 8.36% 8.05% 10.23%
4.47% 6.12% 4.21% 4.18% 4.10% 4.10% 5.36%
59.31% 63.16% 59.21% 56.60% 56.50% 56.81% 56.65%
No. of Shareholders 71,97768,75272,17869,84468,59067,60880,991

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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