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Swarnsarita Gems

BSE:526365
Snowflake Description

Fair value with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
526365
BSE
₹251M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Swarnsarita Gems Limited engages in the manufacture, wholesale, export, import, and retail of gold and diamond jewelry, and others in India and internationally. The last earnings update was 38 days ago. More info.


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  • Swarnsarita Gems has significant price volatility in the past 3 months.
526365 Share Price and Events
7 Day Returns
21.5%
BSE:526365
0.2%
IN Luxury
-0.3%
IN Market
1 Year Returns
-25.7%
BSE:526365
2.6%
IN Luxury
3.3%
IN Market
526365 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Swarnsarita Gems (526365) 21.5% 50.2% 20% -25.7% -45.8% -69.8%
IN Luxury 0.2% 7.9% 8.2% 2.6% 54.2% 180.5%
IN Market -0.3% 6.5% 2.8% 3.3% 42.8% 75.4%
1 Year Return vs Industry and Market
  • 526365 underperformed the Luxury industry which returned 2.6% over the past year.
  • 526365 underperformed the Market in India which returned 3.3% over the past year.
Price Volatility
526365
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Swarnsarita Gems 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
  • It is not possible to calculate the future cash flow value for Swarnsarita Gems. This is due to cash flow or dividend data being unavailable. The share price is ₹12.
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 Swarnsarita Gems's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Swarnsarita Gems's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BSE:526365 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹2.14
BSE:526365 Share Price ** BSE (2019-03-22) in INR ₹12
India Luxury Industry PE Ratio Median Figure of 239 Publicly-Listed Luxury Companies 12.3x
India Market PE Ratio Median Figure of 2,730 Publicly-Listed Companies 16.29x

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

** Primary Listing of Swarnsarita Gems.

BSE:526365 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:526365 Share Price ÷ EPS (both in INR)

= 12 ÷ 2.14

5.61x

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

  • Swarnsarita Gems is good value based on earnings compared to the IN Luxury industry average.
  • Swarnsarita Gems is good value based on earnings compared to the India market.
Price based on expected Growth
Does Swarnsarita Gems's expected growth come at a high price?
Raw Data
BSE:526365 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 5.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
15.9%per year
India Luxury Industry PEG Ratio Median Figure of 26 Publicly-Listed Luxury Companies 1.5x
India Market PEG Ratio Median Figure of 595 Publicly-Listed Companies 1.29x

*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 Swarnsarita Gems, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Swarnsarita Gems's assets?
Raw Data
BSE:526365 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹45.08
BSE:526365 Share Price * BSE (2019-03-22) in INR ₹12
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.76x
India Market PB Ratio Median Figure of 3,621 Publicly-Listed Companies 1.11x
BSE:526365 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:526365 Share Price ÷ Book Value per Share (both in INR)

= 12 ÷ 45.08

0.27x

* Primary Listing of Swarnsarita Gems.

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

  • Swarnsarita Gems is good value based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Swarnsarita Gems'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. Swarnsarita Gems has a total score of 3/6, 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.

Future Performance

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

  • No analysts cover Swarnsarita Gems, future earnings growth has been estimated based on fundamentals.
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
15.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Swarnsarita Gems expected to grow at an attractive rate?
  • Swarnsarita Gems's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Swarnsarita Gems's earnings growth is positive but not above the India market average.
  • Unable to compare Swarnsarita Gems's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BSE:526365 Future Growth Rates Data Sources
Data Point Source Value (per year)
BSE:526365 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 15.9%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.9%

*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:526365 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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:526365 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 5,173 45
2018-09-30 4,993 46
2018-06-30 4,871 48
2018-03-31 4,863 -20 43
2017-12-31 4,465 41
2017-09-30 4,040 40
2017-06-30 3,166 31
2017-03-31 2,853 -170 29
2016-12-31 3,072 27
2016-09-30 3,021 30
2016-06-30 3,288 27
2016-03-31 3,215 6 27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Swarnsarita Gems's earnings are expected to grow by 15.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Swarnsarita Gems 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:526365 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Swarnsarita Gems Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:526365 Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 2.14
2018-09-30 2.20
2018-06-30 2.28
2018-03-31 2.08
2017-12-31 1.96
2017-09-30 1.93
2017-06-30 1.46
2017-03-31 1.39
2016-12-31
2016-09-30
2016-06-30
2016-03-31 1.29

*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 Swarnsarita Gems will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Swarnsarita Gems'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.
Swarnsarita Gems has a total score of 1/6, 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.

Past Performance

  How has Swarnsarita Gems 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 Swarnsarita Gems'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.
  • Swarnsarita Gems's year on year earnings growth rate has been positive over the past 5 years.
  • Swarnsarita Gems's 1-year earnings growth is less than its 5-year average (9% vs 14.3%)
  • Swarnsarita Gems's earnings growth has not exceeded the IN Luxury industry average in the past year (9% vs 14.2%).
Earnings and Revenue History
Swarnsarita Gems'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 Swarnsarita Gems Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BSE:526365 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 5,172.65 44.65 65.83
2018-09-30 4,992.74 45.95 63.10
2018-06-30 4,871.35 47.52 59.36
2018-03-31 4,863.39 43.36 52.97
2017-12-31 4,465.46 40.98 59.99
2017-09-30 4,040.23 40.41 53.07
2017-06-30 3,165.66 30.54 36.88
2017-03-31 2,852.83 28.92 44.73
2016-12-31 3,072.42 26.51 59.83
2016-09-30 3,021.19 29.80 61.22
2016-06-30 3,288.24 27.07 29.66
2016-03-31 3,215.18 27.00 33.39
2015-12-31 2,988.77 37.90 40.40
2015-09-30 2,787.31 37.60 34.20
2015-06-30 2,576.33 33.85 10.87
2015-03-31 2,400.89 32.06 24.05
2014-12-31 2,062.07 23.95 16.24
2014-09-30 1,814.90 23.16 16.06
2014-06-30 1,650.27 23.61 5.93
2014-03-31 1,702.84 20.80 15.90
2013-12-31 1,698.95 19.23 14.51
2013-09-30 1,894.90 17.51 14.77
2013-06-30 1,758.37 13.51 14.35
2013-03-31 1,568.67 15.88 14.01
2012-12-31 1,511.86 13.72 11.06
2012-09-30 1,054.02 12.49 10.15
2012-06-30 867.78 13.39 9.57
2012-03-31 717.23 13.25 8.90

*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.
  • Swarnsarita Gems has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Swarnsarita Gems used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Swarnsarita Gems's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Swarnsarita Gems'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.
Swarnsarita Gems has a total score of 1/6, 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.

Health

 How is Swarnsarita Gems'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 Swarnsarita Gems's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Swarnsarita Gems is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Swarnsarita Gems's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Swarnsarita Gems'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.9x debt.
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 Swarnsarita Gems Company Filings, last reported 2 months ago.

BSE:526365 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 936.75 995.54 229.36
2018-09-30 936.75 995.54 229.36
2018-06-30
2018-03-31 888.24 1,054.80 450.67
2017-12-31 892.97 883.24 286.53
2017-09-30 892.97 883.24 286.53
2017-06-30
2017-03-31 844.88 793.83 233.84
2016-12-31 842.29 783.67 354.37
2016-09-30 842.29 783.67 354.37
2016-06-30 815.21 748.71 328.72
2016-03-31 815.96 748.71 329.46
2015-12-31 803.47 645.24 127.62
2015-09-30 803.47 645.24 127.62
2015-06-30 787.83 483.49 147.11
2015-03-31 787.93 483.49 147.11
2014-12-31 770.50 407.32 16.85
2014-09-30 770.50 407.32 16.85
2014-06-30 755.97 150.40 49.75
2014-03-31 755.97 150.40 49.75
2013-12-31 745.80 229.97 142.29
2013-09-30 745.80 229.97 142.29
2013-06-30 735.18 0.00 8.71
2013-03-31 735.18 0.00 8.71
2012-12-31 723.58 0.00 4.16
2012-09-30 723.58 0.00 4.16
2012-06-30 717.27 0.00 83.31
2012-03-31 717.27 0.00 83.31
  • Swarnsarita Gems's level of debt (106.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (30.7% vs 106.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are not well covered by earnings (EBIT is 2.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Swarnsarita Gems'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. Swarnsarita Gems has a total score of 2/6, 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.

Dividends

 What is Swarnsarita Gems'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 Swarnsarita Gems dividends.
If you bought ₹2,000 of Swarnsarita Gems 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 Swarnsarita Gems's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Swarnsarita Gems'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:526365 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 1399 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:526365 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2015-05-29 0.000 0.000
2015-02-16 0.000 0.000
2014-11-17 0.000 0.000
2014-08-11 0.000 0.000
2013-08-14 0.500 1.191
2013-05-30 0.500 1.219
2012-08-13 0.500 1.251
2012-05-15 0.500 1.902
2011-06-23 0.500 2.190
2010-09-16 0.500 2.542
2009-06-01 0.600 3.144
2009-03-25 1.200 12.277

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

  • Unable to perform a dividend volatility check as Swarnsarita Gems has not reported any payouts.
  • Unable to verify if Swarnsarita Gems's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Swarnsarita Gems's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Swarnsarita Gems 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 Swarnsarita Gems'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 Swarnsarita Gems afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Swarnsarita Gems 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.

Management

 What is the CEO of Swarnsarita Gems'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
Mahendra Chordia
COMPENSATION ₹0
AGE 50
TENURE AS CEO 7.9 years
CEO Bio

Mr. Mahendra Madanlal Chordia has been the Chairman of the Board and Managing Director of Swarnsarita Gems Limited since April 1, 2011 and has been its Whole Time Director since March 7, 2011. Mr. Chordia has been a Director of Swarnsarita Realty Private Limited since January 8, 2013.

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

Mahendra Chordia

TITLE
Chairman & MD
AGE
50
TENURE
7.9 yrs

Sanket Dangi

TITLE
Chief Financial Officer
COMPENSATION
₹840K
AGE
31
TENURE
3.7 yrs

Sunny Chordia

TITLE
Whole Time Director & President of Overseas Market
COMPENSATION
₹3M
AGE
25

Lalit Chordia

TITLE
Vice President of Diamond Division
COMPENSATION
₹1M
AGE
42

Vinod Chordia

TITLE
Vice President of Gold Division
COMPENSATION
₹1M
AGE
43

Pankaj Kharwad

TITLE
Vice President of Manufacturing Division
COMPENSATION
₹1M
AGE
42

Vardhman Jain

TITLE
Marketing Head
AGE
38

Seema Chordia

TITLE
Whole Time Director

Prateek Singhvi

TITLE
Head of Delhi Branch
AGE
28
Board of Directors Tenure

Average tenure and age of the Swarnsarita Gems board of directors in years:

3.9
Average Tenure
29
Average Age
  • The tenure for the Swarnsarita Gems board of directors is about average.
Board of Directors

Mahendra Chordia

TITLE
Chairman & MD
AGE
50
TENURE
7.9 yrs

Sunny Chordia

TITLE
Whole Time Director & President of Overseas Market
COMPENSATION
₹3M
AGE
25
TENURE
1.4 yrs

Seema Chordia

TITLE
Whole Time Director
TENURE
1.4 yrs

Dhruvin Shah

TITLE
Non-Executive Independent Director
AGE
24
TENURE
2.8 yrs

Ashok Surana

TITLE
Non Executive Independent Director
AGE
52
TENURE
7.9 yrs

Vishal Nolkha

TITLE
Non-Executive Independent Director
AGE
29
TENURE
5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Swarnsarita Gems insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
20. Mar 19 Buy Sunny Chordia Individual 19. Mar 19 19. Mar 19 50,000 ₹11.35 ₹567,700
20. Mar 19 Buy Asha Chordia Individual 19. Mar 19 20. Mar 19 97,801 ₹11.43 ₹1,056,540
20. Mar 19 Buy Rajendra Chordia Individual 20. Mar 19 20. Mar 19 50,000 ₹11.14 ₹557,154
11. Mar 19 Buy Mahendra Chordia Individual 11. Mar 19 11. Mar 19 110,000 ₹9.36 ₹1,030,128
16. Mar 19 Buy Sunny Chordia Individual 15. Mar 19 15. Mar 19 61,893 ₹10.06 ₹622,559
14. Mar 19 Buy Mahendra Chordia Individual 13. Mar 19 13. Mar 19 80,000 ₹9.65 ₹771,716
16. Mar 19 Buy Asha Chordia Individual 15. Mar 19 15. Mar 19 50,000 ₹9.85 ₹492,305
06. Mar 19 Buy Mahendra Chordia Individual 06. Mar 19 06. Mar 19 100,000 ₹9.51 ₹951,136
21. Jan 19 Buy Mahendra Chordia Individual 21. Jan 19 21. Jan 19 8,300 ₹9.82 ₹81,527
24. Jul 18 Buy Mahendra Chordia Individual 23. Jul 18 23. Jul 18 9,500 ₹11.80 ₹112,111
21. Jul 18 Buy Mahendra Chordia Individual 20. Jul 18 20. Jul 18 40,000 ₹11.05 ₹441,857
X
Management checks
We assess Swarnsarita Gems'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. Swarnsarita Gems 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.

News

Simply Wall St News

Company Info

Description

Swarnsarita Gems Limited engages in the manufacture, wholesale, export, import, and retail of gold and diamond jewelry, and others in India and internationally. The company was formerly known as Shyam Star Gems Limited. Swarnsarita Gems Limited was founded in 1989 and is headquartered in Mumbai, India.

Details
Name: Swarnsarita Gems Limited
526365
Exchange: BSE
Founded: 1989
₹250,521,600
20,876,800
Website: http://www.swarnsarita.com
Address: Swarnsarita Gems Limited
125/127, Daya Mandir,
6th Floor, Room No.5 to 10,
Mumbai,
Maharashtra, 400003,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 526365 Equity Shares Mumbai Stock Exchange IN INR 18. Oct 2004
Number of employees
Current staff
Staff numbers
0
Swarnsarita Gems employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/24 12:31
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
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.