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Swarnsarita Jewels India BSE:526365 Stock Report

Last Price

₹19.35

Market Cap

₹404.0m

7D

-2.3%

1Y

15.5%

Updated

03 Jul, 2022

Data

Company Financials
526365 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance3/6
Financial Health2/6
Dividends0/6

526365 Stock Overview

Swarnsarita Jewels India Limited manufactures, imports, trades in, retails, and sells gold jewelry and diamond jewelry in India and internationally.

Swarnsarita Jewels India Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Swarnsarita Jewels India
Historical stock prices
Current Share Price₹19.35
52 Week High₹32.00
52 Week Low₹13.10
Beta0.42
1 Month Change0%
3 Month Change-18.53%
1 Year Change15.52%
3 Year Change127.65%
5 Year Change2.11%
Change since IPO1,225.34%

Recent News & Updates

Shareholder Returns

526365IN LuxuryIN Market
7D-2.3%-0.9%0.6%
1Y15.5%12.3%-0.3%

Return vs Industry: 526365 exceeded the Indian Luxury industry which returned 12.3% over the past year.

Return vs Market: 526365 exceeded the Indian Market which returned -0.3% over the past year.

Price Volatility

Is 526365's price volatile compared to industry and market?
526365 volatility
526365 Average Weekly Movement7.7%
Luxury Industry Average Movement7.6%
Market Average Movement6.8%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.4%

Stable Share Price: 526365 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 526365's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
198946Mahendra Chordiahttps://www.swarnsarita.com

Swarnsarita Jewels India Limited manufactures, imports, trades in, retails, and sells gold jewelry and diamond jewelry in India and internationally. The company offers diamond studded rings, bracelets, pendants, diamond necklaces, earrings, etc. It also exports its products. The company was formerly known as Swarnsarita Gems Limited and changed its name to Swarnsarita Jewels India Limited in November 2021.

Swarnsarita Jewels India Fundamentals Summary

How do Swarnsarita Jewels India's earnings and revenue compare to its market cap?
526365 fundamental statistics
Market Cap₹403.97m
Earnings (TTM)₹74.97m
Revenue (TTM)₹8.41b

5.4x

P/E Ratio

0.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
526365 income statement (TTM)
Revenue₹8.41b
Cost of Revenue₹8.23b
Gross Profit₹186.59m
Other Expenses₹111.62m
Earnings₹74.97m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)3.59
Gross Margin2.22%
Net Profit Margin0.89%
Debt/Equity Ratio112.9%

How did 526365 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 526365 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 526365?

Other financial metrics that can be useful for relative valuation.

526365 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.1x
Enterprise Value/EBITDA12.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 526365's PE Ratio compare to its peers?

526365 PE Ratio vs Peers
The above table shows the PE ratio for 526365 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8.2x
539401 Patdiam Jewellery
6xn/a₹376.9m
530043 Acknit Industries
5.3xn/a₹422.6m
526849 Banaras Beads
16.1xn/a₹471.2m
LIBAS Libas Consumer Products
5.3xn/a₹459.5m
526365 Swarnsarita Jewels India
5.4xn/a₹404.0m

Price-To-Earnings vs Peers: 526365 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (8.2x).


Price to Earnings Ratio vs Industry

How does 526365's PE Ratio compare vs other companies in the IN Luxury Industry?

Price-To-Earnings vs Industry: 526365 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the Indian Luxury industry average (12.5x)


Price to Earnings Ratio vs Fair Ratio

What is 526365's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

526365 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.4x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 526365's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 526365 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 526365 (₹19.35) is trading above our estimate of fair value (₹6.93)

Significantly Below Fair Value: 526365 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526365's PEG Ratio to determine if it is good value.


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Future Growth

How is Swarnsarita Jewels India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


27.7%

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 Swarnsarita Jewels India 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.


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  • Take a look at our analysis of 526365’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Swarnsarita Jewels India competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Swarnsarita Jewels India performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


13.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 526365 has high quality earnings.

Growing Profit Margin: 526365's current net profit margins (0.9%) are lower than last year (1%).


Past Earnings Growth Analysis

Earnings Trend: 526365's earnings have grown by 13.5% per year over the past 5 years.

Accelerating Growth: 526365's earnings growth over the past year (36.9%) exceeds its 5-year average (13.5% per year).

Earnings vs Industry: 526365 earnings growth over the past year (36.9%) underperformed the Luxury industry 83.8%.


Return on Equity

High ROE: 526365's Return on Equity (6.7%) is considered low.


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Financial Health

How is Swarnsarita Jewels India's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 526365's short term assets (₹2.3B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: 526365's short term assets (₹2.3B) exceed its long term liabilities (₹199.9M).


Debt to Equity History and Analysis

Debt Level: 526365's net debt to equity ratio (73.7%) is considered high.

Reducing Debt: 526365's debt to equity ratio has increased from 94% to 112.9% over the past 5 years.

Debt Coverage: 526365's debt is not well covered by operating cash flow (6.1%).

Interest Coverage: 526365's interest payments on its debt are not well covered by EBIT (1.3x coverage).


Balance Sheet


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Dividend

What is Swarnsarita Jewels India current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 526365's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 526365's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 526365's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526365's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 526365 is not paying a notable dividend for the Indian market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 526365 has not reported any payouts.


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Management

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

4.8yrs

Average management tenure


CEO

Mahendra Chordia (54 yo)

11.25yrs

Tenure

₹6,300,000

Compensation

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...


CEO Compensation Analysis

Compensation vs Market: Mahendra's total compensation ($USD79.83K) is above average for companies of similar size in the Indian market ($USD38.02K).

Compensation vs Earnings: Mahendra's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 526365's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: 526365's board of directors are considered experienced (4.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 526365 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Swarnsarita Jewels India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Swarnsarita Jewels India Limited
  • Ticker: 526365
  • Exchange: BSE
  • Founded: 1989
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Implied Market Cap: ₹403.966m
  • Shares outstanding: 20.88m
  • Website: https://www.swarnsarita.com

Number of Employees


Location

  • Swarnsarita Jewels India Limited
  • Plot-40/42, Ruby Chambers
  • 10, Floor-1st
  • Mumbai
  • Maharashtra
  • 400003
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/03 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.