Sovereign Diamonds Limited manufactures and sells gold jewelry, diamond studded jewelry, and silver items in India.
+ 1 more risk
Adequate balance sheet and fair value.
Share Price & News
How has Sovereign Diamonds's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 523826's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how 523826 performed against the Indian Luxury industry.
Return vs Market: Insufficient data to determine how 523826 performed against the Indian Market.
Price Volatility Vs. Market
How volatile is Sovereign Diamonds's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Is Sovereign Diamonds 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: 523826 (₹3.59) is trading below our estimate of fair value (₹56.17)
Significantly Below Fair Value: 523826 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 523826 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 523826 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 523826's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 523826 is good value based on its PB Ratio (0.2x) compared to the IN Luxury industry average (0.5x).
How is Sovereign Diamonds 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 Sovereign Diamonds 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 Sovereign Diamonds 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.
- Sovereign Diamonds 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 Sovereign Diamonds performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 523826 is currently unprofitable.
Growing Profit Margin: 523826 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 523826 is unprofitable, and losses have increased over the past 5 years at a rate of -45.5% per year.
Accelerating Growth: Unable to compare 523826's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 523826 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: 523826 has a negative Return on Equity (-6.93%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Sovereign Diamonds's financial position?
Financial Position Analysis
Short Term Liabilities: 523826's short term assets (₹271.1M) exceed its short term liabilities (₹169.9M).
Long Term Liabilities: 523826's short term assets (₹271.1M) exceed its long term liabilities (₹4.0M).
Debt to Equity History and Analysis
Debt Level: 523826's debt to equity ratio (93%) is considered high.
Reducing Debt: 523826's debt to equity ratio has reduced from 162.2% to 93% over the past 5 years.
Inventory Level: 523826 has a high level of physical assets or inventory.
Debt Coverage by Assets: 523826's debt is covered by short term assets (assets are 2.2x 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: 523826 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if 523826 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Sovereign Diamonds's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 523826's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 523826'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 523826's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 523826'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 523826's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ajay Gehani (53yo)
Mr. Ajay R. Gehani has been the Managing Director at Sovereign Diamonds Limited since September 2, 2010 and serves as its Compliance Officer. Mr. Gehani has been a Director at Sovereign Diamonds Limited si ...
CEO Compensation Analysis
Compensation vs Market: Ajay's total compensation ($USD50.31K) is about average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Ajay's compensation has been consistent with company performance over the past year.
|CFO & Woman Director||1yrs||₹336.77k||no data|
|Non Executive Independent Director||14.5yrs||₹45.00k||no data|
|Non Executive Independent Director||8.5yrs||₹45.00k||no data|
Experienced Board: 523826's board of directors are considered experienced (8.5 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sovereign Diamonds Limited's company bio, employee growth, exchange listings and data sources
- Name: Sovereign Diamonds Limited
- Ticker: 523826
- Exchange: BSE
- Founded: 1974
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹20.779m
- Shares outstanding: 5.79m
- Website: https://null
Number of Employees
- Sovereign Diamonds Limited
- Sovereign House
- 11-A, Mahal Industrial Estate
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|523826||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2005|
Sovereign Diamonds Limited manufactures and sells gold jewelry, diamond studded jewelry, and silver items in India. It is also involved in the real estate property development business. The company also exports its products. Sovereign Diamonds Limited was incorporated in 1974 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 12:34|
|End of Day Share Price||2020/02/14 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.