Lypsa Gems & Jewellery Ltd

Lypsa Gems & Jewellery Ltd

₹ 7.72 -2.03%
13 Dec - close price
About

Incorporated in 1995, Lypsa Gems and Jewellery Ltd is in three core activities: Rough Preparation, Manufacturing and Polished Diamonds Marketing. It is based out of Mumbai with affiliates in Antwerp, Dubai and Moscow. Lypsa has its manufacturing facilities at Navsari and at SurSez, Surat. It is one of the very few diamond companies to have listed on the Bombay Stock Exchange. Since its inception, Lypsa has specialized in rough preparation and distribution.

Key Points

Business Overview:[1]
Company is involved in cutting and polishing of rough diamonds that can be sold to traders and jewelers. Company also sells rough diamonds in open market opportunistically.

  • Market Cap 22.8 Cr.
  • Current Price 7.72
  • High / Low 12.6 / 5.13
  • Stock P/E 759
  • Book Value 10.8
  • Dividend Yield 0.00 %
  • ROCE 0.03 %
  • ROE -0.09 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 0.72 times its book value

Cons

  • The company has delivered a poor sales growth of -30.6% over past five years.
  • Promoter holding is low: 36.4%
  • Company has a low return on equity of 0.07% over last 3 years.
  • Company has high debtors of 2,740 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
1.02 6.97 3.87 0.97 0.32 3.50 8.40 2.42 3.57 0.44 3.06 1.42 2.76
0.93 6.88 3.82 0.84 0.21 3.41 8.42 2.35 3.50 0.37 3.02 1.29 2.69
Operating Profit 0.09 0.09 0.05 0.13 0.11 0.09 -0.02 0.07 0.07 0.07 0.04 0.13 0.07
OPM % 8.82% 1.29% 1.29% 13.40% 34.38% 2.57% -0.24% 2.89% 1.96% 15.91% 1.31% 9.15% 2.54%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.07 0.07 0.07 0.07 0.07 0.07 0.07 0.06 0.06 0.06 0.06 0.05 0.05
Profit before tax 0.02 0.02 -0.02 0.06 0.04 0.02 -0.09 0.01 0.01 0.01 -0.02 0.08 0.02
Tax % 0.00% 0.00% -150.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 200.00% 0.00% 0.00%
0.02 0.02 0.01 0.06 0.04 0.02 -0.09 0.01 0.01 0.01 -0.06 0.07 0.01
EPS in Rs 0.01 0.01 0.00 0.02 0.01 0.01 -0.03 0.00 0.00 0.00 -0.02 0.02 0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
301.92 412.35 436.84 207.64 76.59 104.15 58.96 20.70 8.41 14.00 13.19 9.49 7.68
293.80 404.45 423.37 200.60 72.52 103.79 58.35 20.48 8.33 13.68 12.89 9.24 7.37
Operating Profit 8.12 7.90 13.47 7.04 4.07 0.36 0.61 0.22 0.08 0.32 0.30 0.25 0.31
OPM % 2.69% 1.92% 3.08% 3.39% 5.31% 0.35% 1.03% 1.06% 0.95% 2.29% 2.27% 2.63% 4.04%
-1.84 -0.34 -3.50 -1.64 0.19 0.32 0.12 0.00 0.09 0.00 0.00 0.00 0.00
Interest 1.93 2.63 4.28 3.15 3.66 0.13 0.18 -0.16 0.00 0.00 0.00 0.00 0.00
Depreciation 0.09 0.22 0.36 0.47 0.43 0.37 0.35 0.34 0.34 0.27 0.27 0.24 0.22
Profit before tax 4.26 4.71 5.33 1.78 0.17 0.18 0.20 0.04 -0.17 0.05 0.03 0.01 0.09
Tax % 33.80% 33.33% 33.58% 33.15% 23.53% -5.56% 15.00% 50.00% 5.88% -60.00% 0.00% 400.00%
2.82 3.15 3.54 1.19 0.13 0.19 0.17 0.02 -0.17 0.07 0.03 -0.03 0.03
EPS in Rs 0.95 1.06 1.20 0.40 0.04 0.06 0.06 0.01 -0.06 0.02 0.01 -0.01 0.00
Dividend Payout % 24.89% 22.29% 20.82% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -31%
5 Years: -31%
3 Years: 4%
TTM: -57%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 24%
TTM: 160%
Stock Price CAGR
10 Years: -16%
5 Years: 14%
3 Years: 10%
1 Year: 31%
Return on Equity
10 Years: 2%
5 Years: 0%
3 Years: 0%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 14.04 14.04 21.06 21.06 21.06 29.48 29.48 29.48 29.48 29.48 29.48 29.48 29.48
Reserves 11.46 13.50 9.08 10.28 10.33 2.10 1.69 2.46 2.26 2.33 2.33 2.30 2.31
21.04 21.12 38.08 32.41 23.96 23.58 23.77 20.60 20.60 13.39 6.00 6.14 0.00
104.33 100.85 93.49 83.11 86.90 109.26 96.71 38.73 48.80 40.63 37.12 37.66 45.02
Total Liabilities 150.87 149.51 161.71 146.86 142.25 164.42 151.65 91.27 101.14 85.83 74.93 75.58 76.81
1.75 3.39 4.86 5.86 5.40 5.03 4.68 4.34 3.69 3.42 3.15 2.91 2.80
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.62 1.24 0.28 0.40 0.32 0.32 0.32 0.06 0.09 0.07 0.07 0.07 0.00
148.50 144.88 156.57 140.60 136.53 159.07 146.65 86.87 97.36 82.34 71.71 72.60 74.01
Total Assets 150.87 149.51 161.71 146.86 142.25 164.42 151.65 91.27 101.14 85.83 74.93 75.58 76.81

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.48 7.93 -3.46 7.03 2.18 -0.07 -0.12 3.09 0.00 7.34 7.28 -0.14
-1.65 -1.11 -1.28 -1.10 0.41 0.00 0.00 0.00 0.00 0.00 0.00 0.00
3.38 1.75 -5.96 -5.67 -8.45 -0.37 0.19 -3.16 0.00 -7.22 -7.39 0.14
Net Cash Flow 3.21 8.57 -10.70 0.26 -5.86 -0.44 0.07 -0.07 0.00 0.12 -0.11 -0.01

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 141.92 77.37 100.98 173.76 637.55 546.61 895.29 1,509.55 4,081.40 2,094.32 1,956.44 2,740.00
Inventory Days 26.97 33.07 25.29 66.46 12.55 8.51 6.32 11.09 121.96 33.59 14.20 34.49
Days Payable 130.33 96.77 87.48 160.62 660.14 381.81 598.90 670.56 2,111.37 1,046.48 1,027.68 1,477.25
Cash Conversion Cycle 38.56 13.67 38.79 79.60 -10.05 173.31 302.71 850.08 2,092.00 1,081.44 942.97 1,297.25
Working Capital Days 41.99 23.14 46.76 89.44 233.18 173.23 304.83 843.20 2,095.82 1,075.45 951.66 1,337.31
ROCE % 17.41% 15.42% 16.44% 7.67% 6.43% 0.56% 0.76% -0.22% -0.50% 0.10% 0.07% 0.03%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
36.37% 36.37% 36.37% 36.37% 36.37% 36.37% 36.37% 36.37% 36.37% 36.37% 36.37% 36.37%
2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 2.00% 0.00% 0.00% 0.00% 0.00%
0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24% 0.24%
61.39% 61.39% 61.39% 61.39% 61.39% 61.39% 61.40% 61.39% 63.39% 63.39% 63.38% 63.40%
No. of Shareholders 11,39512,93414,10513,51313,64413,55413,38413,61316,48216,67616,69820,828

* 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.

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