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SJ

BSE:504398
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
504398
BSE
₹123M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

SJ Corporation Limited manufactures and sells diamond studded jewelry in India. The last earnings update was 95 days ago. More info.


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504398 Share Price and Events
7 Day Returns
0%
BSE:504398
1.7%
IN Luxury
0.7%
IN Market
1 Year Returns
-0.3%
BSE:504398
-6.1%
IN Luxury
-7.4%
IN Market
504398 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SJ (504398) 0% 0% - -0.3% -54.1% -76.7%
IN Luxury 1.7% 1.6% -0.6% -6.1% 39.8% 197.4%
IN Market 0.7% -0.6% 0.3% -7.4% 39.8% 86.7%
1 Year Return vs Industry and Market
  • 504398 outperformed the Luxury industry which returned -6.1% over the past year.
  • 504398 outperformed the Market in India which returned -7.4% over the past year.
Price Volatility
504398
Industry
5yr Volatility vs Market
Related Companies

504398 Value

 Is SJ undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of SJ to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for SJ.

BSE:504398 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 13.5%
Perpetual Growth Rate 10-Year IN Government Bond Rate 7.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BSE:504398
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 7.6%
Equity Risk Premium S&P Global 7.5%
Luxury Unlevered Beta Simply Wall St/ S&P Global 0.52
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.523 (1 + (1- 35%) (0%))
0.523
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (0.8 * 7.45%)
13.51%

Discounted Cash Flow Calculation for BSE:504398 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for SJ is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

BSE:504398 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (INR, Millions) 24.87 20.15 16.52 13.71 11.52
Source Est @ -20%, capped from -30.42% Est @ -19%, capped from -30.42% Est @ -18%, capped from -30.42% Est @ -17%, capped from -30.42% Est @ -16%, capped from -30.42%
Present Value
Discounted (@ 13.51%)
21.91 15.64 11.30 8.26 6.11
Present value of next 5 years cash flows ₹63.22
BSE:504398 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= ₹11.52 × (1 + 7.55%) ÷ (13.51% – 7.55%)
₹207.85
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= ₹207.85 ÷ (1 + 13.51%)5
₹110.30
BSE:504398 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= ₹63.22 + ₹110.30
₹173.52
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹173.52 / 8.36
₹20.77
BSE:504398 Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹20.77
Current discount Discount to share price of ₹14.70
= -1 x (₹14.70 - ₹20.77) / ₹20.77
29.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price SJ is available for.
Intrinsic value
29%
Share price is ₹14.7 vs Future cash flow value of ₹20.77
Current Discount Checks
For SJ to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • SJ's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • SJ's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for SJ's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SJ's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:504398 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in INR ₹0.51
BSE:504398 Share Price ** BSE (2018-11-06) in INR ₹14.7
India Luxury Industry PE Ratio Median Figure of 241 Publicly-Listed Luxury Companies 11.8x
India Market PE Ratio Median Figure of 2,741 Publicly-Listed Companies 16.3x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of SJ.

BSE:504398 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:504398 Share Price ÷ EPS (both in INR)

= 14.7 ÷ 0.51

28.81x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SJ is overvalued based on earnings compared to the IN Luxury industry average.
  • SJ is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does SJ's expected growth come at a high price?
Raw Data
BSE:504398 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 28.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 30 Publicly-Listed Luxury Companies 1.07x
India Market PEG Ratio Median Figure of 618 Publicly-Listed Companies 1.13x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for SJ, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SJ's assets?
Raw Data
BSE:504398 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in INR ₹10.34
BSE:504398 Share Price * BSE (2018-11-06) in INR ₹14.7
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,579 Publicly-Listed Companies 1.11x
BSE:504398 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:504398 Share Price ÷ Book Value per Share (both in INR)

= 14.7 ÷ 10.34

1.42x

* Primary Listing of SJ.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SJ is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess SJ's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. SJ has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

504398 Future Performance

 How is SJ expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as SJ has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18.4%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SJ expected to grow at an attractive rate?
  • Unable to compare SJ's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare SJ's earnings growth to the India market average as no estimate data is available.
  • Unable to compare SJ's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:504398 Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 14.9%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
India Market Revenue Growth Rate Market Cap Weighted Average 11.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BSE:504398 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BSE:504398 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-09-30 85 4
2018-06-30 62 0
2018-03-31 80 32 -0
2017-12-31 84 -3
2017-09-30 75 -4
2017-06-30 107 -3
2017-03-31 127 92 -5
2016-12-31 212 -3
2016-09-30 296 -5
2016-06-30 344 -3
2016-03-31 393 1 -1
2015-12-31 463 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if SJ is high growth as no earnings estimate data is available.
  • Unable to determine if SJ is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BSE:504398 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from SJ Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:504398 Past Financials Data
Date (Data in INR Millions) EPS *
2018-09-30 0.51
2018-06-30 0.06
2018-03-31 -0.02
2017-12-31 -0.40
2017-09-30 -0.47
2017-06-30 -0.33
2017-03-31 -0.57
2016-12-31 -0.38
2016-09-30 -0.58
2016-06-30 -0.42
2016-03-31 -0.10
2015-12-31 -0.25

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if SJ will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine SJ's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. SJ's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. SJ's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess SJ's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SJ has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

504398 Past Performance

  How has SJ performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare SJ's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SJ's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • SJ has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • SJ has become profitable in the last year making it difficult to compare the IN Luxury industry average.
Earnings and Revenue History
SJ's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SJ Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:504398 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 84.94 4.27 1.74
2018-06-30 61.89 0.45 1.76
2018-03-31 80.35 -0.17 1.73
2017-12-31 84.11 -3.37 2.04
2017-09-30 74.98 -3.93 2.37
2017-06-30 107.50 -2.81 2.62
2017-03-31 126.74 -4.74 2.96
2016-12-31 211.82 -3.20 3.58
2016-09-30 296.39 -4.81 3.76
2016-06-30 343.70 -3.44 3.42
2016-03-31 392.66 -0.81 3.76
2015-12-31 462.77 -2.09 5.75
2015-09-30 455.92 1.13 5.57
2015-06-30 467.49 1.74 3.00
2015-03-31 475.17 0.03 3.25
2014-12-31 350.39 1.31 4.59
2014-09-30 373.40 -2.75 4.59
2014-06-30 460.78 4.70 2.75
2014-03-31 426.39 8.45 4.28
2013-12-31 437.93 10.53 4.28
2013-09-30 354.54 12.81 4.08
2013-06-30 210.91 6.41 2.22
2013-03-31 158.83 4.77 3.84
2012-12-31 144.75 3.93 3.13
2012-09-30 134.99 5.96 4.11
2012-06-30 118.99 3.48 2.00
2012-03-31 100.69 4.23 3.04

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • SJ has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SJ used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • It is difficult to establish if SJ improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess SJ's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SJ has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

504398 Health

 How is SJ's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up SJ's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SJ is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SJ has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SJ's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • SJ has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from SJ Company Filings, last reported 4 months ago.

BSE:504398 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 86.45 0.00 13.46
2018-06-30 85.58 0.00 9.58
2018-03-31 85.58 0.00 9.58
2017-12-31 82.80 0.87 1.01
2017-09-30 82.80 0.87 1.01
2017-06-30 86.65 7.33 0.52
2017-03-31 86.68 7.33 0.52
2016-12-31 88.70 52.28 0.23
2016-09-30 88.70 52.28 0.23
2016-06-30 91.01 98.22 0.70
2016-03-31 91.01 98.38 0.70
2015-12-31 94.02 98.33 0.58
2015-09-30 94.02 98.33 0.58
2015-06-30 92.33 100.79 1.16
2015-03-31 92.33 101.08 1.16
2014-12-31
2014-09-30
2014-06-30 92.80 56.35 3.59
2014-03-31 92.80 56.61 3.59
2013-12-31 97.13 0.00 0.57
2013-09-30 97.13 0.00 0.57
2013-06-30
2013-03-31 85.33 0.00 0.36
2012-12-31
2012-09-30
2012-06-30
2012-03-31 81.54 0.00 10.71
  • SJ has no debt.
  • SJ had no debt 5 years ago.
  • SJ has no debt, it does not need to be covered by operating cash flow.
  • SJ has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess SJ's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SJ has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

504398 Dividends

 What is SJ's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from SJ dividends.
If you bought ₹2,000 of SJ shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate SJ's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate SJ's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BSE:504398 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1395 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BSE:504398 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-02-19 0.000 0.000
2017-11-13 0.000 0.000
2017-08-11 0.000 0.000
2017-08-01 0.000 0.000
2017-05-26 0.000 0.000
2016-12-06 0.050 0.160
2016-07-29 0.050 0.169
2015-09-10 0.050 0.163
2015-06-01 0.050 0.136
2014-09-26 0.100 0.259
2013-08-13 0.100 0.278
2012-08-31 0.100 0.200
2011-08-22 0.050 0.109
2011-06-28 0.050 0.090
2010-09-06 0.025 0.032
2009-06-01 0.025 0.024

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as SJ has not reported any payouts.
  • Unable to verify if SJ's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of SJ's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as SJ has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess SJ's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SJ afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SJ has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

504398 Management

 What is the CEO of SJ's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Deepak Upadhyay
COMPENSATION ₹0
AGE 59
CEO Bio

Mr. Deepak B. Upadhyay serves as the Managing Director of SJ Corporation Ltd. and has been its Executive Director since October 18, 2011. Mr. Upadhyay served as a Director of SJ Corporation Ltd. since July 23, 2008.

CEO Compensation
  • Deepak's compensation has been consistent with company performance over the past year.
  • Deepak's remuneration is lower than average for companies of similar size in India.
Management Team

Deepak Upadhyay

TITLE
MD & Executive Director
AGE
59

Ashish Satani

TITLE
Chief Financial Officer
AGE
24
TENURE
3.5 yrs

Roopesh Agrawal

TITLE
Chief Compliance Officer & Company Secretary
AGE
40
TENURE
2.6 yrs

Savji Patel

TITLE
Executive Director
Board of Directors Tenure

Average tenure and age of the SJ board of directors in years:

5.7
Average Tenure
55
Average Age
  • The tenure for the SJ board of directors is about average.
Board of Directors

Rajiv Shah

TITLE
Non-Executive Chairman
AGE
54

Deepak Upadhyay

TITLE
MD & Executive Director
AGE
59
TENURE
7.3 yrs

Savji Patel

TITLE
Executive Director
TENURE
9.1 yrs

Usha Patel

TITLE
Non-Executive Director
AGE
56
TENURE
4 yrs

Tejas Adroja

TITLE
Independent Director
AGE
26
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess SJ's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SJ has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

504398 News

Simply Wall St News

504398 Company Info

Map
Description

SJ Corporation Limited manufactures and sells diamond studded jewelry in India. The company is also involved in the trading of polished diamonds. In addition, it exports its products. The company was incorporated in 1981 and is based in Mumbai, India.

Details
Name: SJ Corporation Limited
504398
Exchange: BSE
Founded: 1981
₹122,818,500
8,355,000
Website: http://www.sjcorp.in
Address: SJ Corporation Limited
201, Shyam Bunglow,
Plot No. 199/200,
Mumbai,
Maharashtra, 400097,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 504398 Equity Shares Mumbai Stock Exchange IN INR 21. Apr 2005
Number of employees
Current staff
Staff numbers
4
SJ employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/03 17:47
End of day share price update: 2018/11/06 00:00
Last earnings filing: 2018/10/31
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.