Goldiam International Ltd

Goldiam International Ltd

₹ 422 1.15%
13 Dec - close price
About

Incorporated in 1986, Goldiam International Ltd is engaged in the business of manufacturing and exporting gold and diamond jewelry to global retailers. [1]

Key Points

Product Portfolio
Co is a supplier of Natural diamond jewellery and Lab grown diamond (LGD) jewellery to global retailers, departmental stores and wholesalers. Its products include Engagement Rings, Wedding Bands, Anniversary Rings, Bridal Sets, Earrings and Pendants. [1] [2]
Goldiam has been transitioning from a pure natural diamond in-store jewelry company to a major supplier of Lab Grown Diamond Jewellery, with an omnichannel sales strategy.[3]

  • Market Cap 4,507 Cr.
  • Current Price 422
  • High / Low 446 / 144
  • Stock P/E 62.3
  • Book Value 29.0
  • Dividend Yield 0.28 %
  • ROCE 26.9 %
  • ROE 21.2 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 25.0% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 27.6%

Cons

  • Stock is trading at 14.5 times its book value
  • Promoter holding has decreased over last quarter: -0.94%
  • Earnings include an other income of Rs.27.1 Cr.

* 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

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
106 112 94 89 76 73 65 58 107 104 104 104 143
100 93 87 73 64 60 62 47 93 83 94 86 122
Operating Profit 7 19 7 16 12 13 3 11 14 21 10 17 21
OPM % 6% 17% 8% 18% 16% 18% 5% 19% 13% 20% 10% 17% 15%
15 3 4 1 12 6 9 1 4 14 2 1 10
Interest 0 1 -0 0 0 -0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 1 1 0 1 1 1 1 1
Profit before tax 21 20 11 17 23 18 11 12 18 34 12 18 31
Tax % 13% 31% 10% 23% 18% 23% 7% 23% 22% 18% 26% 32% 23%
19 14 10 13 19 14 11 9 14 28 9 12 24
EPS in Rs 1.69 1.29 0.91 1.21 1.77 1.27 0.97 0.82 1.27 2.62 0.82 1.13 2.21
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
96 123 118 130 133 117 167 162 216 391 303 374 455
92 114 109 121 124 108 147 145 190 346 259 317 385
Operating Profit 5 10 9 9 8 10 20 17 27 45 44 56 70
OPM % 5% 8% 8% 7% 6% 8% 12% 11% 12% 11% 15% 15% 15%
10 6 9 13 7 6 11 10 18 29 28 21 27
Interest 1 1 1 1 1 0 1 0 0 0 0 0 0
Depreciation 1 2 2 2 2 2 2 2 2 2 2 2 3
Profit before tax 13 13 14 19 13 14 28 26 42 71 70 75 94
Tax % 34% 24% 22% 19% 34% 36% 30% 25% 27% 19% 19% 21%
8 10 11 15 9 9 20 19 31 57 57 59 72
EPS in Rs 0.68 0.80 0.89 1.23 0.70 0.72 1.71 1.72 2.75 5.27 5.22 5.55 6.78
Dividend Payout % 44% 30% 34% 41% 57% 42% 35% 76% 58% 23% 38% 22%
Compounded Sales Growth
10 Years: 12%
5 Years: 17%
3 Years: 20%
TTM: 50%
Compounded Profit Growth
10 Years: 22%
5 Years: 25%
3 Years: 26%
TTM: 54%
Stock Price CAGR
10 Years: 53%
5 Years: 73%
3 Years: 38%
1 Year: 147%
Return on Equity
10 Years: 12%
5 Years: 18%
3 Years: 22%
Last Year: 21%

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 25 25 25 25 25 25 23 22 22 22 22 21 21
Reserves 142 148 155 163 195 209 207 199 223 218 250 261 289
53 29 44 22 14 11 7 4 10 1 1 1 1
30 41 36 34 20 22 26 33 67 52 77 72 98
Total Liabilities 250 243 260 243 254 267 262 258 322 293 350 355 409
20 19 17 16 16 16 17 17 27 27 25 24 24
CWIP 0 0 2 2 2 0 0 0 0 0 0 0 0
Investments 108 98 107 108 142 125 127 148 173 111 105 100 88
122 125 135 117 94 126 119 94 122 155 219 230 297
Total Assets 250 243 260 243 254 267 262 258 322 293 350 355 409

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
-9 5 -5 45 0 -14 40 47 48 -8 -3 14
-20 12 -4 7 -4 27 5 -13 -14 90 29 23
27 -27 12 -33 -15 -4 -33 -35 -8 -80 -28 -54
Net Cash Flow -2 -10 3 19 -19 9 13 -0 26 2 -2 -17

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 264 229 251 150 149 194 114 64 56 63 164 142
Inventory Days 158 126 141 96 75 74 30 36 38 34 45 62
Days Payable 112 115 106 94 56 75 61 85 128 49 108 71
Cash Conversion Cycle 310 240 286 152 168 193 84 15 -34 48 102 132
Working Capital Days 303 244 296 170 184 274 140 72 6 45 107 119
ROCE % 5% 6% 6% 6% 6% 6% 12% 11% 17% 29% 27% 27%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
66.39% 66.39% 66.39% 66.39% 66.39% 66.39% 66.39% 66.60% 64.26% 64.26% 64.26% 63.32%
0.47% 0.10% 0.00% 0.08% 0.00% 0.06% 0.03% 0.01% 0.00% 0.07% 0.16% 0.58%
33.14% 33.51% 33.60% 33.52% 33.61% 33.54% 33.56% 33.39% 35.75% 35.67% 35.59% 36.11%
No. of Shareholders 36,54043,68147,25946,68847,70951,43557,51461,32864,90263,00264,71768,539

* 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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