BSE:526729

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Executive Summary

Goldiam International Limited manufactures and sells diamond studded gold and silver jewelry in India. More Details


Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.


Similar Companies

Share Price & News

How has Goldiam International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526729 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 526729's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-1.3%

526729

4.4%

IN Luxury

3.1%

IN Market


1 Year Return

10.4%

526729

6.3%

IN Luxury

10.4%

IN Market

Return vs Industry: 526729 exceeded the Indian Luxury industry which returned 5.1% over the past year.

Return vs Market: 526729 matched the Indian Market which returned 10.4% over the past year.


Shareholder returns

526729IndustryMarket
7 Day-1.3%4.4%3.1%
30 Day3.0%14.5%13.1%
90 Day33.6%15.8%12.8%
1 Year16.2%10.4%6.9%6.3%12.4%10.4%
3 Year128.2%101.5%8.1%5.9%11.0%5.6%
5 Year344.3%263.9%58.6%50.7%62.4%50.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Goldiam International undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 526729 (₹155.95) is trading below our estimate of fair value (₹503.49)

Significantly Below Fair Value: 526729 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 526729 is good value based on its PE Ratio (8.8x) compared to the IN Luxury industry average (16.3x).

PE vs Market: 526729 is good value based on its PE Ratio (8.8x) compared to the Indian market (17.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526729's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526729 is overvalued based on its PB Ratio (0.8x) compared to the IN Luxury industry average (0.6x).


Next Steps

Future Growth

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

54.6%

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 Goldiam International 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 Goldiam International performed over the past 5 years?

11.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526729 has high quality earnings.

Growing Profit Margin: 526729's current net profit margins (13.5%) are higher than last year (9.9%).


Past Earnings Growth Analysis

Earnings Trend: 526729's earnings have grown by 11.7% per year over the past 5 years.

Accelerating Growth: 526729's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 526729 had negative earnings growth (-10.7%) over the past year, making it difficult to compare to the Luxury industry average (-27.1%).


Return on Equity

High ROE: 526729's Return on Equity (8.9%) is considered low.


Next Steps

Financial Health

How is Goldiam International's financial position?


Financial Position Analysis

Short Term Liabilities: 526729's short term assets (₹4.4B) exceed its short term liabilities (₹827.8M).

Long Term Liabilities: 526729 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 526729's debt to equity ratio (1.1%) is considered satisfactory.

Reducing Debt: 526729's debt to equity ratio has reduced from 27% to 1.1% over the past 5 years.

Debt Coverage: 526729's debt is well covered by operating cash flow (1494.3%).

Interest Coverage: 526729 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Goldiam International current dividend yield, its reliability and sustainability?

4.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 526729's dividend (4.81%) is higher than the bottom 25% of dividend payers in the Indian market (0.52%).

High Dividend: 526729's dividend (4.81%) is in the top 25% of dividend payers in the Indian market (2.07%)


Stability and Growth of Payments

Stable Dividend: 526729's dividend payments have been volatile in the past 10 years.

Growing Dividend: 526729's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (42.1%), 526729'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.


Next Steps

Management

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

4.1yrs

Average board tenure


CEO

Rashesh Bhansali (52 yo)

no data

Tenure

₹14,358,000

Compensation

Mr. Rashesh Manharbhai Bhansali serves as Managing Director of Goldiam Jewellery Ltd. Mr. Bhansali serves as the Managing Director of Goldiam International Limited. Mr. Bhansali has been the Executive Chai...


CEO Compensation Analysis

Compensation vs Market: Rashesh's total compensation ($USD195.30K) is above average for companies of similar size in the Indian market ($USD49.07K).

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


Board Members

NamePositionTenureCompensationOwnership
Rashesh Bhansali
Executive Chairman & MDno data₹14.36m45.1%
₹ 1.6b
Anmol Bhansali
Whole-Time Director3.08yrs₹14.11m16.1%
₹ 556.7m
Raghavachari Srinivasan
Independent Non-Executive Director18.58yrs₹180.00kno data
Ajay Khatlawala
Independent Non-Executive Director10.58yrs₹180.00k0.0045%
₹ 156.0k
Tulsi Gupta
Non-Executive Non-Independent Director4.33yrs₹100.00kno data
Pannkaj Ghadiali
Independent-Non-Executive Director4.08yrs₹180.00kno data
Nipa Sheth
Additional Non-Executive Independent Director0.33yrno datano data

4.1yrs

Average Tenure

52yo

Average Age

Experienced Board: 526729's board of directors are considered experienced (4.1 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 526729 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

Goldiam International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Goldiam International Limited
  • Ticker: 526729
  • Exchange: BSE
  • Founded: 1986
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹3.458b
  • Shares outstanding: 22.17m
  • Website: https://www.goldiam.com

Location

  • Goldiam International Limited
  • Gems & Jewellery Complex
  • MIDC, Santacruz Elect. Exp. Proc. Zone
  • Mumbai
  • Maharashtra
  • 400096
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526729BSE (Mumbai Stock Exchange)YesEquity SharesININROct 1996
GOLDIAMNSEI (National Stock Exchange of India)YesEquity SharesININROct 1996

Biography

Goldiam International Limited manufactures and sells diamond studded gold and silver jewelry in India. The company operates in two segments, Jewellery Manufacturing Activity and Investment Activity. It als...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/02 12:12
End of Day Share Price2020/12/01 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.