Shubhlaxmi Jewel Art Ltd
₹ 18.9
4.71%
17 Apr
- close price
About
Incorporated in 2013, Shubhlaxmi Jewel Art Ltd does the wholesale and retail business
of jewelry[1]
Key Points
- Market Cap ₹ 16.6 Cr.
- Current Price ₹ 18.9
- High / Low ₹ 81.5 / 17.4
- Stock P/E 13.6
- Book Value ₹ 25.7
- Dividend Yield 0.00 %
- ROCE 9.34 %
- ROE 6.21 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.74 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.34%
- Company has a low return on equity of 5.63% over last 3 years.
* 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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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 11m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
51.23 | 53.09 | 29.12 | 61.49 | 77.26 | 68.07 | 65.62 | |
48.80 | 50.62 | 26.33 | 59.46 | 74.88 | 65.69 | 62.97 | |
Operating Profit | 2.43 | 2.47 | 2.79 | 2.03 | 2.38 | 2.38 | 2.65 |
OPM % | 4.74% | 4.65% | 9.58% | 3.30% | 3.08% | 3.50% | 4.04% |
0.01 | 0.00 | 0.05 | 0.00 | 0.38 | 0.69 | 0.36 | |
Interest | 0.75 | 0.73 | 0.58 | 0.86 | 1.23 | 1.19 | 1.14 |
Depreciation | 0.33 | 0.14 | 0.15 | 0.12 | 0.14 | 0.20 | 0.19 |
Profit before tax | 1.36 | 1.60 | 2.11 | 1.05 | 1.39 | 1.68 | 1.68 |
Tax % | 25.74% | 24.38% | 24.17% | 24.76% | 26.62% | 27.38% | |
1.00 | 1.21 | 1.59 | 0.78 | 1.02 | 1.22 | 1.22 | |
EPS in Rs | 1.20 | 1.46 | 1.91 | 0.94 | 1.16 | 1.39 | 1.39 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 6% |
3 Years: | 33% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 5% |
3 Years: | -8% |
TTM: | -19% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | -5% |
3 Years: | 12% |
1 Year: | -75% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 7% |
3 Years: | 6% |
Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 8.30 | 8.30 | 8.30 | 8.30 | 8.80 | 10.60 | 10.60 |
Reserves | 4.33 | 5.54 | 7.13 | 8.72 | 9.76 | 11.07 | 11.99 |
7.70 | 7.10 | 5.01 | 6.55 | 11.53 | 10.55 | 11.18 | |
4.13 | 1.82 | 4.27 | 2.93 | 4.20 | 3.66 | 6.29 | |
Total Liabilities | 24.46 | 22.76 | 24.71 | 26.50 | 34.29 | 35.88 | 40.06 |
1.99 | 2.04 | 1.89 | 1.79 | 1.94 | 1.92 | 1.90 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
22.47 | 20.72 | 22.82 | 24.71 | 32.35 | 33.96 | 38.16 | |
Total Assets | 24.46 | 22.76 | 24.71 | 26.50 | 34.29 | 35.88 | 40.06 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
-14.72 | 1.05 | 2.35 | -1.89 | 1.23 | -6.12 | |
-2.32 | -0.19 | -0.01 | -0.02 | 0.09 | 0.50 | |
17.62 | -1.00 | -2.59 | 1.86 | -1.16 | 5.48 | |
Net Cash Flow | 0.57 | -0.14 | -0.25 | -0.05 | 0.16 | -0.14 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 11.76 | 8.80 | 15.79 | 12.82 | 6.66 | 9.12 |
Inventory Days | 154.36 | 145.68 | 329.99 | 136.97 | 124.92 | 186.58 |
Days Payable | 23.77 | 4.41 | 33.27 | 5.19 | 7.40 | 7.14 |
Cash Conversion Cycle | 142.34 | 150.07 | 312.51 | 144.60 | 124.18 | 188.55 |
Working Capital Days | 118.13 | 121.96 | 229.75 | 128.51 | 131.71 | 161.94 |
ROCE % | 11.29% | 13.00% | 8.68% | 9.77% | 9.34% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 April 2025 - Confirmation of dematerialisation of securities for March 2025 quarter.
-
Trading Window-XBRL
27 March 2025 - SHUBHLAXMI JEWEL ART LIMITED has informed about Closure of Trading Window
-
Trading Window
27 March 2025 - Trading window closed from April 1 until 48h after FY25 audited results
-
Reply to Clarification- Financial results
4 February 2025 - Auditor's review of H1 FY25 unaudited financials, qualified on inventory verification and valuation.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
20 January 2025 - Confirmation of dematerialisation of securities for the quarter ended 31st December 2024.
Business Overview:[1]
Company is in the retail and wholesale business of various jewelries and ornaments made out of gold, silver, diamonds and platinum studded with precious and semi-precious stones. Ornaments are also made to order as per requirements by customers and the same are manufactured by third party manufacturers on job work basis. Further, company also purchase readymade jewelries from independent jewelers. In addition to retail operations, company sell jewelries on a wholesale basis to other jewelry retailers in Gujarat. Company' showroom is located at Bhavnagar, Gujarat. Company majorly procures required gold bullion, silver bullion, diamonds, platinum jewelry, gold and diamond ornaments and precious and semi-precious stones from bullion and jewelry market dealers in Gujarat