Goldiam International Limited, together with its subsidiaries, manufactures, markets, and distributes diamond studded gold and silver jewelry in India.
Flawless balance sheet, good value and pays a dividend.
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's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 526729 underperformed the Indian Luxury industry which returned -28.7% over the past year.
Return vs Market: 526729 underperformed the Indian Market which returned -23.2% over the past year.
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
1 year ago | Simply Wall StWhat You Must Know About Goldiam International Limited's (BOM:526729) 5.49% ROE
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1 year ago | Simply Wall StCheap Cyclical Stocks To Invest In
Is Goldiam International 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: 526729 (₹81) is trading below our estimate of fair value (₹316.2)
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 (4.1x) compared to the Luxury industry average (8.1x).
PE vs Market: 526729 is good value based on its PE Ratio (4.1x) compared to the Indian market (9.9x).
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 (0.5x) compared to the IN Luxury industry average (0.4x).
How is Goldiam International forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 526729's forecast earnings growth is above the savings rate (7.2%).
Earnings vs Market: Insufficient data to determine if 526729's earnings are forecast to grow faster than the Indian market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 526729's revenue (20.4% per year) is forecast to grow faster than the Indian market (7.2% per year).
High Growth Revenue: 526729's revenue (20.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 526729's Return on Equity is forecast to be high in 3 years time
How has Goldiam International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 526729 has high quality earnings.
Growing Profit Margin: 526729's current net profit margins (11.6%) are higher than last year (10.5%).
Past Earnings Growth Analysis
Earnings Trend: 526729's earnings have grown by 13.9% 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 (-5.8%) over the past year, making it difficult to compare to the Luxury industry average (6.2%).
Return on Equity
High ROE: 526729's Return on Equity (11.9%) is considered low.
How is Goldiam International's financial position?
Financial Position Analysis
Short Term Liabilities: 526729's short term assets (₹4.2B) exceed its short term liabilities (₹988.1M).
Long Term Liabilities: 526729 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 526729's debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: 526729's debt to equity ratio has reduced from 27.6% to 3.8% over the past 5 years.
Debt Coverage: 526729's debt is well covered by operating cash flow (364.4%).
Interest Coverage: 526729's interest payments on its debt are well covered by EBIT (66.9x coverage).
What is Goldiam International's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 526729's dividend (6.17%) is higher than the bottom 25% of dividend payers in the Indian market (0.86%).
High Dividend: 526729's dividend (6.17%) is in the top 25% of dividend payers in the Indian market (3.7%)
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 (30.5%), 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Rashesh Bhansali (51yo)
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 ($USD192.23K) is above average for companies of similar size in the Indian market ($USD50.03K).
Compensation vs Earnings: Rashesh's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|Executive Chairman & MD||no data||₹14.61m||45.1% ₹810.0m|
|Whole-Time Director||2.5yrs||₹2.99m||15.06% ₹270.5m|
|Independent Non-Executive Director||18yrs||₹210.00k||no data|
|Independent Non-Executive Director||10yrs||₹210.00k||0.0045% ₹81.0k|
|Non-Executive Non-Independent Director||3.75yrs||₹80.00k||no data|
|Independent-Non-Executive Director||3.5yrs||₹210.00k||no data|
Experienced Board: 526729's board of directors are considered experienced (3.6 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.
Goldiam International Limited's company bio, employee growth, exchange listings and data sources
- Name: Goldiam International Limited
- Ticker: 526729
- Exchange: BSE
- Founded: 1986
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹1.796b
- Shares outstanding: 22.17m
- Website: https://www.goldiam.com
- Goldiam International Limited
- Gems & Jewellery Complex
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|526729||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Oct 1996|
|GOLDIAM||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Oct 1996|
Goldiam International Limited, together with its subsidiaries, manufactures, markets, and distributes diamond studded gold and silver jewelry in India. The company operates in two segments, Jewellery Manufacturing Activity and Investment Activity. Its products include engagement rings, wedding bands, anniversary rings, bridal sets, earrings, pendants, and necklaces. The company also exports its products to the United States, Europe, and other countries. Goldiam International Limited was incorporated in 1986 and is headquartered in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/26 12:43|
|End of Day Share Price||2020/05/26 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.