Motisons Jewellers Ltd
Established in October 1997, Motisons Jewellers Ltd sells gold, diamond and kundan jewellery as well as other jewellery products. The company sells pearls, silver, platinum and other metals.[1]
- Market Cap ₹ 2,487 Cr.
- Current Price ₹ 25.3
- High / Low ₹ 33.8 / 12.7
- Stock P/E 65.7
- Book Value ₹ 3.50
- Dividend Yield 0.00 %
- ROCE 16.6 %
- ROE 13.9 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 56.2% CAGR over last 5 years
Cons
- Stock is trading at 7.40 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Part of BSE IPO BSE SmallCap BSE Allcap BSE Consumer Discretionary
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 223 | 219 | 213 | 314 | 366 | 417 | 438 | |
| 204 | 195 | 182 | 276 | 317 | 353 | 372 | |
| Operating Profit | 19 | 24 | 31 | 39 | 49 | 63 | 66 |
| OPM % | 8% | 11% | 15% | 12% | 13% | 15% | 15% |
| 0 | 0 | 0 | 0 | 1 | 0 | 2 | |
| Interest | 13 | 16 | 15 | 16 | 18 | 17 | 11 |
| Depreciation | 1 | 3 | 3 | 3 | 2 | 2 | 2 |
| Profit before tax | 5 | 4 | 13 | 20 | 30 | 45 | 54 |
| Tax % | 28% | 25% | 26% | 26% | 26% | 28% | |
| 3 | 3 | 10 | 15 | 22 | 32 | 38 | |
| EPS in Rs | 0.05 | 0.05 | 0.15 | 0.23 | 0.34 | 0.33 | 0.39 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 25% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 50% |
| TTM: | 61% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 11% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 15% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 65 | 65 | 65 | 65 | 65 | 98 | 98 |
| Reserves | 29 | 27 | 36 | 50 | 72 | 230 | 246 |
| 143 | 148 | 151 | 159 | 168 | 111 | 90 | |
| 19 | 28 | 24 | 32 | 31 | 36 | 39 | |
| Total Liabilities | 256 | 268 | 275 | 307 | 337 | 475 | 473 |
| 15 | 14 | 12 | 11 | 7 | 7 | 6 | |
| CWIP | 1 | 1 | 1 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 240 | 252 | 262 | 295 | 329 | 468 | 467 | |
| Total Assets | 256 | 268 | 275 | 307 | 337 | 475 | 473 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 11 | 17 | 6 | 4 | -53 | ||
| -0 | -1 | 1 | 2 | -3 | ||
| -13 | -13 | -7 | -8 | 85 | ||
| Net Cash Flow | -2 | 4 | -1 | -3 | 30 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 2 | 11 | 4 | 2 | 1 | 1 |
| Inventory Days | 440 | 457 | 506 | 394 | 389 | 450 |
| Days Payable | 29 | 37 | 29 | 27 | 21 | 19 |
| Cash Conversion Cycle | 413 | 431 | 481 | 370 | 369 | 433 |
| Working Capital Days | 350 | 372 | 401 | 303 | 298 | 353 |
| ROCE % | 9% | 12% | 14% | 16% | 17% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Jan - Certificate under SEBI regulations for Q4 2024.
-
Change Of Name Of Registrar And Share Transfer Agent ('RTA') Of The Company
4 Jan - Change of name of RTA to MUFG Intime.
- Closure of Trading Window 26 Dec
-
Compliance Under Regulation 32 Of The SEBI (LODR) Regulations, 2015.
14 Nov 2024 - No deviation in IPO fund utilization reported.
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
14 Nov 2024 - Monitoring Agency Report for IPO proceeds utilization.
Annual reports
Concalls
-
Jun 2024TranscriptPPT
Product Range[1] The company offers a wide range of products including traditional, modern, and combination designs in various jewellery lines with over 3,00,000 designs.
It deals in diamond, polki, gold, temple, italian jewellery.[2]
The company also offers jewellery crafted from earth, silver, platinum, precious and semi-precious stones and other metals, gold and silver coins, utensils, and various artifacts.[3]