BSE:523790

Stock Analysis Report

Executive Summary

Shukra Jewellery Limited engages in the gems and jewelry business primarily in India.


Snowflake Analysis

Acceptable track record with mediocre balance sheet.

Share Price & News

How has Shukra Jewellery's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 523790 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

523790

-4.4%

IN Luxury

-3.5%

IN Market


1 Year Return

n/a

523790

12.8%

IN Luxury

5.2%

IN Market

Return vs Industry: Insufficient data to determine how 523790 performed against the Indian Luxury industry.

Return vs Market: Insufficient data to determine how 523790 performed against the Indian Market.


Shareholder returns

523790IndustryMarket
7 Day0%-4.4%-3.5%
30 Day0%-1.4%-3.9%
90 Dayn/a6.0%-2.1%
1 Yearn/a13.5%12.8%7.2%5.2%
3 Year613.8%613.8%45.8%44.0%18.9%12.4%
5 Year471.0%471.0%97.3%93.7%29.4%17.7%

Price Volatility Vs. Market

How volatile is Shukra Jewellery's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Shukra Jewellery undervalued compared to its fair value and its price relative to the market?

299.81x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 523790's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 523790's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 523790 is poor value based on its PE Ratio (299.8x) compared to the Luxury industry average (10.7x).

PE vs Market: 523790 is poor value based on its PE Ratio (299.8x) compared to the Indian market (13x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 523790's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 523790 is overvalued based on its PB Ratio (0.8x) compared to the IN Luxury industry average (0.5x).


Next Steps

Future Growth

How is Shukra Jewellery forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.7%

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 Shukra 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.


Next Steps

Past Performance

How has Shukra Jewellery performed over the past 5 years?

-11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 523790 has high quality earnings.

Growing Profit Margin: 523790 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 523790 has become profitable over the past 5 years, growing earnings by -11.9% per year.

Accelerating Growth: 523790 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 523790 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Luxury industry (6.4%).


Return on Equity

High ROE: 523790's Return on Equity (0.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Shukra Jewellery's financial position?


Financial Position Analysis

Short Term Liabilities: 523790's short term assets (₹284.6M) exceed its short term liabilities (₹128.5M).

Long Term Liabilities: 523790's short term assets (₹284.6M) exceed its long term liabilities (₹164.9M).


Debt to Equity History and Analysis

Debt Level: 523790's debt to equity ratio (24.3%) is considered satisfactory.

Reducing Debt: 523790's debt to equity ratio has increased from 6.6% to 24.3% over the past 5 years.


Balance Sheet

Inventory Level: 523790 has a high level of physical assets or inventory.

Debt Coverage by Assets: 523790's debt is covered by short term assets (assets are 3.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 523790 is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 523790 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.7%industryaverage0.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 523790's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 523790's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 523790's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 523790's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 523790's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.8yrs

Average management tenure


CEO

Aejazahmed Mohammed Puthawala (62yo)

0.7yrs

Tenure

0

Mr. Aejazahmed Mohammed Hussain Puthawala serves as Whole Time Director at Shukra Jewellery Limited since June 11, 2019. Mr. Puthawala serves as a Non-Executive Director at Shukra Bullions Ltd since July 2 ...


Leadership Team

NamePositionTenureCompensationOwnership
Aejazahmed Mohammed Puthawala
Whole Time Director0.7yrsno datano data
Sudhirkumar Prajapati
Chief Financial Officer2.6yrsno datano data
Harsh Shah
Company Secretary & Compliance Officer0.8yrsno datano data

0.8yrs

Average Tenure

Experienced Management: 523790's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Aejazahmed Mohammed Puthawala
Whole Time Director0.7yrsno datano data
Mayuri Shah
Non Executive Director28.2yrsno data6.7% 17.9m
Chandrakant Shah
Chairperson28.2yrsno data13.95% 37.3m
Anilkumar Patel
Non Executive & Independent Director14.2yrsno datano data
Sandip Shah
Non Executive & Independent Director6.6yrsno datano data
Mintu Shah
Non-Executive Independent Director2.8yrsno data0.73% 2.0m

10.4yrs

Average Tenure

60yo

Average Age

Experienced Board: 523790's board of directors are seasoned and experienced ( 10.4 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shukra Jewellery Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shukra Jewellery Limited
  • Ticker: 523790
  • Exchange: BSE
  • Founded: 1991
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹267.384m
  • Shares outstanding: 13.57m
  • Website: https://www.shukrajewellery.in

Number of Employees


Location

  • Shukra Jewellery Limited
  • Opera House
  • 232, Pancharatna
  • Mumbai
  • Maharashtra
  • 400004
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
523790BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2007

Biography

Shukra Jewellery Limited engages in the gems and jewelry business primarily in India. The company manufactures precious gems, diamonds, and plain and studded gold and silver jewelry; and trades in cut and polished diamonds. It is also involved in the construction of residential bungalows and flats scheme. The company was formerly known as Shukra Diamond Exports Limited and changed its name to Shukra Jewellery Limited in January 1997. Shukra Jewellery Limited was incorporated in 1991 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:46
End of Day Share Price2019/12/03 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.