PC Jeweller Ltd
PC Jeweller is engaged in the business of manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The Company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai based firms. [1] The company has a team of in-house designers.
- Market Cap ₹ 6,729 Cr.
- Current Price ₹ 145
- High / Low ₹ 187 / 27.7
- Stock P/E 708
- Book Value ₹ 72.9
- Dividend Yield 0.00 %
- ROCE -2.02 %
- ROE -20.1 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -3.69%
- The company has delivered a poor sales growth of -53.1% over past five years.
- Company has a low return on equity of -12.5% over last 3 years.
- Earnings include an other income of Rs.100 Cr.
- Company has high debtors of 352 days.
- Working capital days have increased from 4,287 days to 10,653 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
3,990 | 5,325 | 6,349 | 7,232 | 8,099 | 9,486 | 8,369 | 4,939 | 2,668 | 1,573 | 2,358 | 189 | 994 | |
3,507 | 4,726 | 5,619 | 6,473 | 7,338 | 8,473 | 8,085 | 4,484 | 2,265 | 1,672 | 2,226 | 358 | 936 | |
Operating Profit | 482 | 599 | 730 | 759 | 761 | 1,012 | 284 | 455 | 403 | -99 | 132 | -169 | 58 |
OPM % | 12% | 11% | 12% | 10% | 9% | 11% | 3% | 9% | 15% | -6% | 6% | -89% | 6% |
20 | 36 | 59 | 51 | 109 | 100 | 85 | 77 | 31 | 60 | 148 | 44 | 100 | |
Interest | 127 | 153 | 227 | 251 | 282 | 321 | 349 | 374 | 396 | 442 | 499 | 505 | 259 |
Depreciation | 10 | 12 | 23 | 23 | 22 | 20 | 17 | 35 | 33 | 26 | 26 | 20 | 16 |
Profit before tax | 365 | 469 | 539 | 536 | 566 | 770 | 3 | 124 | 4 | -508 | -245 | -649 | -117 |
Tax % | 20% | 24% | 30% | 26% | 24% | 26% | 202% | 36% | -1,280% | -23% | 38% | 0% | |
291 | 356 | 378 | 399 | 431 | 567 | -3 | 78 | 61 | -390 | -339 | -649 | 10 | |
EPS in Rs | 8.11 | 9.95 | 10.56 | 11.15 | 12.02 | 14.39 | -0.07 | 1.99 | 1.31 | -8.37 | -7.29 | -13.95 | 0.22 |
Dividend Payout % | 6% | 15% | 15% | 15% | 4% | 3% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -28% |
5 Years: | -53% |
3 Years: | -59% |
TTM: | -10% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 101% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 35% |
3 Years: | 82% |
1 Year: | 386% |
Return on Equity | |
---|---|
10 Years: | 1% |
5 Years: | -6% |
3 Years: | -13% |
Last Year: | -20% |
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 | 179 | 179 | 179 | 179 | 179 | 394 | 395 | 395 | 465 | 465 | 465 | 465 | 465 |
Reserves | 1,210 | 1,503 | 1,811 | 2,231 | 3,188 | 3,531 | 3,542 | 3,607 | 3,810 | 3,418 | 3,080 | 2,433 | 2,929 |
233 | 1,004 | 682 | 970 | 803 | 1,116 | 2,121 | 2,426 | 2,414 | 3,391 | 3,736 | 4,150 | 4,009 | |
1,813 | 1,546 | 2,039 | 2,356 | 3,048 | 3,919 | 1,607 | 1,454 | 1,174 | 263 | 209 | 188 | 81 | |
Total Liabilities | 3,435 | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,490 | 7,236 | 7,485 |
63 | 84 | 90 | 90 | 84 | 77 | 59 | 151 | 126 | 107 | 104 | 61 | 58 | |
CWIP | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 |
Investments | 443 | 185 | 13 | 8 | 143 | 153 | 144 | 144 | 144 | 136 | 136 | 136 | 135 |
2,928 | 3,963 | 4,609 | 5,639 | 6,990 | 8,731 | 7,461 | 7,586 | 7,593 | 7,294 | 7,250 | 7,038 | 7,292 | |
Total Assets | 3,435 | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,490 | 7,236 | 7,485 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
520 | -786 | 334 | 70 | 827 | 334 | -1,837 | 60 | 97 | -727 | 96 | -15 | |
-583 | 246 | 213 | -86 | -645 | -350 | 886 | 41 | 98 | 118 | 38 | 7 | |
132 | 571 | -566 | 17 | 101 | 23 | 651 | -169 | -155 | 575 | -115 | -29 | |
Net Cash Flow | 69 | 31 | -19 | 1 | 283 | 7 | -300 | -68 | 40 | -34 | 19 | -37 |
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 | 62 | 43 | 44 | 46 | 57 | 68 | 77 | 132 | 179 | 72 | 50 | 352 |
Inventory Days | 186 | 194 | 219 | 227 | 213 | 231 | 234 | 447 | 989 | 1,461 | 1,031 | 7,126 |
Days Payable | 176 | 105 | 123 | 127 | 145 | 160 | 59 | 92 | 157 | 4 | 3 | 18 |
Cash Conversion Cycle | 71 | 132 | 140 | 146 | 125 | 140 | 252 | 487 | 1,010 | 1,528 | 1,077 | 7,459 |
Working Capital Days | 69 | 137 | 126 | 140 | 114 | 119 | 233 | 423 | 825 | 1,311 | 898 | 10,653 |
ROCE % | 36% | 29% | 28% | 26% | 22% | 24% | 6% | 8% | 6% | -1% | 3% | -2% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
2d - Monitoring Agency Report for Q2 FY25 issued.
-
Announcement under Regulation 30 (LODR)-Allotment
12 Nov - Allotment of 3.63 crore equity shares on warrant conversion.
-
Announcement under Regulation 30 (LODR)-Allotment
30 Oct - Allotment of 3,38,85,000 equity shares on warrant conversion.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
29 Oct - Certificate for the quarter ended September 30, 2024
- Announcement under Regulation 30 (LODR)-Newspaper Publication 23 Oct
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2013
from nse
Business Overview
The company is involved in the trading, manufacturing, and sale of gold, diamonds, precious stones, gold and diamond-studded jewelry, and silver articles. It has launched various jewelry collections, including Anant, Dashavatar, Bandhan, Amour, and the Wedding Collection. [1]