Golkunda Diamonds & Jewellery Limited manufactures and sells diamond studded gold jewelry in India.
+ 2 more risks
Undervalued with excellent balance sheet.
Share Price & News
How has Golkunda Diamonds & Jewellery's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523676's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 523676 exceeded the Indian Luxury industry which returned 16.6% over the past year.
Return vs Market: 523676 exceeded the Indian Market which returned 11.1% over the past year.
Price Volatility Vs. Market
How volatile is Golkunda Diamonds & Jewellery's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Golkunda Diamonds & Jewellery undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 523676 (₹17) is trading below our estimate of fair value (₹64.09)
Significantly Below Fair Value: 523676 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 523676 is good value based on its PE Ratio (5.2x) compared to the Luxury industry average (11.1x).
PE vs Market: 523676 is good value based on its PE Ratio (5.2x) compared to the Indian market (13.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523676's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523676 is good value based on its PB Ratio (0.4x) compared to the IN Luxury industry average (0.5x).
How is Golkunda Diamonds & Jewellery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables industry annual growth in earnings
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 Golkunda Diamonds & Jewellery 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 SimplyWall St do have past financial data.
- Examine whether Golkunda Diamonds & Jewellery is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Golkunda Diamonds & Jewellery competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Golkunda Diamonds & Jewellery performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523676 has a large one-off gain of ₹7.2M impacting its December 31 2019 financial results.
Growing Profit Margin: 523676's current net profit margins (1.7%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: 523676's earnings have declined by -18.1% per year over the past 5 years.
Accelerating Growth: 523676's earnings growth over the past year (71.6%) exceeds its 5-year average (-18.1% per year).
Earnings vs Industry: 523676 earnings growth over the past year (71.6%) exceeded the Luxury industry 2.5%.
Return on Equity
High ROE: 523676's Return on Equity (8.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Golkunda Diamonds & Jewellery's financial position?
Financial Position Analysis
Short Term Liabilities: 523676's short term assets (₹570.9M) exceed its short term liabilities (₹340.3M).
Long Term Liabilities: 523676's short term assets (₹570.9M) exceed its long term liabilities (₹7.1M).
Debt to Equity History and Analysis
Debt Level: 523676's debt to equity ratio (93.6%) is considered high.
Reducing Debt: 523676's debt to equity ratio has reduced from 167.3% to 93.6% over the past 5 years.
Debt Coverage: 523676's debt is well covered by operating cash flow (21%).
Interest Coverage: 523676's interest payments on its debt are well covered by EBIT (3.7x coverage).
Inventory Level: 523676 has a high level of physical assets or inventory.
Debt Coverage by Assets: 523676's debt is covered by short term assets (assets are 2.2x debt).
What is Golkunda Diamonds & Jewellery's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 523676's dividend (4.71%) is higher than the bottom 25% of dividend payers in the Indian market (0.59%).
High Dividend: 523676's dividend (4.71%) is in the top 25% of dividend payers in the Indian market (2.52%)
Stability and Growth of Payments
Stable Dividend: 523676 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 523676's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.3%), 523676's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kanti Dadha (71yo)
Mr. Kanti Kumar Dadha is a Promoter at Golkunda Diamonds & Jewellery Limited and serves as its Chairman, Chief Executive Officer and Managing Director. Mr. Dadha has the knowledge and experience in the Dia ...
CEO Compensation Analysis
Compensation vs Market: Kanti's total compensation ($USD32.74K) is below average for companies of similar size in the Indian market ($USD50.21K).
Compensation vs Earnings: Kanti's compensation has been consistent with company performance over the past year.
|Whole Time Director||20.3yrs||₹2.06m||6.69% ₹7.8m|
|Whole Time Director||29.3yrs||₹2.00m||0.075% ₹88.3k|
|Independent Non-Executive Director||16.3yrs||no data||no data|
|Independent Non-Executive Director||3.5yrs||₹20.00k||no data|
|Additional Independent Director||1.5yrs||₹10.00k||no data|
Experienced Board: 523676's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Golkunda Diamonds & Jewellery Limited's company bio, employee growth, exchange listings and data sources
- Name: Golkunda Diamonds & Jewellery Limited
- Ticker: 523676
- Exchange: BSE
- Founded: 1990
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹116.997m
- Shares outstanding: 6.96m
- Website: https://www.golkunda.com
Number of Employees
- Golkunda Diamonds & Jewellery Limited
- G-30, Gems & Jewellery Complex - III
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523676||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2005|
Golkunda Diamonds & Jewellery Limited manufactures and sells diamond studded gold jewelry in India. Its products include rings, earrings, necklaces, bracelets, bangles, and pendants. The company also exports its products. The company was incorporated in 1990 and is based in Mumbai, India. Golkunda Diamonds & Jewellery Limited is a subsidiary of Neverloose Properties and Investment Private Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/17 12:34|
|End of Day Share Price||2020/02/17 00:00|
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.