BSE:534756

Stock Analysis Report

Executive Summary

Tara Jewels Limited, together with its subsidiaries, designs, manufactures, and retails jewelry primarily in India.

Risk Analysis

Earnings have declined by -109.97% per year over past 5 years

Does not have a meaningful market cap (₹18M)

Currently unprofitable and not forecast to become profitable over the next 3 years



Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Tara Jewels's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 534756 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

534756

-0.5%

IN Luxury

-1.5%

IN Market


1 Year Return

-70.6%

534756

18.2%

IN Luxury

10.7%

IN Market

Return vs Industry: 534756 underperformed the Indian Luxury industry which returned 8.4% over the past year.

Return vs Market: 534756 underperformed the Indian Market which returned 6.7% over the past year.


Shareholder returns

534756IndustryMarket
7 Day0%-0.5%-1.5%
30 Day0%3.0%-2.7%
90 Day-1.3%9.2%1.3%
1 Year-70.6%-70.6%19.0%18.2%12.7%10.7%
3 Year-98.0%-98.0%52.2%48.8%22.0%15.1%
5 Year-99.1%-99.1%106.9%100.1%34.5%22.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Tara Jewels undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Tara Jewels is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Tara Jewels has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 534756’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.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Tara Jewels regulatory filings.
  • Explore potentially undervalued companies in the Consumer Durables industry.

Future Growth

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

19.9%

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 Tara Jewels 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 Tara Jewels performed over the past 5 years?

-110.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 534756 is currently unprofitable.

Growing Profit Margin: 534756 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 534756 is unprofitable, and losses have increased over the past 5 years at a rate of -110% per year.

Accelerating Growth: Unable to compare 534756's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 534756 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (1.2%).


Return on Equity

High ROE: 534756's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Tara Jewels's financial position?


Financial Position Analysis

Short Term Liabilities: 534756 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 534756 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 534756 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 534756's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 534756 has a high level of physical assets or inventory.

Debt Coverage by Assets: 534756 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: Insufficient data to determine if 534756 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 534756 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Tara Jewels's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.6%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 534756's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 534756'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 534756's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 534756's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 534756 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 534756's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

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

4.8yrs

Average management tenure


CEO

Rajeev Sheth (61yo)

9.3yrs

Tenure

0

Mr. Rajeev Vasant Sheth has been the Chairman of the Board and Managing Director of Tara Jewels Limited since September 29, 2010. Mr. Sheth has been an Executive Director at Tara Jewels Limited since March ...


Leadership Team

NamePositionTenureCompensationOwnership
Rajeev Sheth
Chairman & MD9.3yrsno data9.18% 1.7m
Menon Ravindran
Chief Operating Officer4.6yrsno datano data
Aarti Cooper
Vice President of Business Development - Exports Division0yrsno datano data
Disha Tulsiani
CFO & Executive Director1.9yrsno datano data
Rajesh Gupta
General Manager of Accounts & Costing0yrs₹2.18mno data
Pravin Patil
General Manager of Human Resources & Administration0yrs₹1.51mno data
Nivedita Nayak
Company Secretary & Compliance Officer5yrsno datano data
Tateos Tateossian
Group Senior Vice President of Operations0yrs₹3.28mno data
Jeffrey Shlakman
President of Merchandising & Product Development0yrs₹22.53mno data
Chander Gurnani
General Manager of Finance0yrs₹1.46mno data

4.8yrs

Average Tenure

51yo

Average Age

Experienced Management: 534756's management team is considered experienced (4.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajeev Sheth
Chairman & MD9.3yrsno data9.18% 1.7m
Disha Tulsiani
CFO & Executive Director1.9yrsno datano data
Fern Mallis
Non-Executive Independent Director9.3yrs₹80.00kno data

9.3yrs

Average Tenure

61yo

Average Age

Experienced Board: 534756's board of directors are considered experienced (9.3 years average tenure).


Ownership

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.


Ownership Breakdown

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


Top Shareholders

Company Information

Tara Jewels Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tara Jewels Limited
  • Ticker: 534756
  • Exchange: BSE
  • Founded: 2001
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹18.467m
  • Shares outstanding: 24.62m
  • Website: https://www.tarajewellers.in

Number of Employees


Location

  • Tara Jewels Limited
  • Plot No. 29 (P), & 30 (P)
  • Sub Plot A, SEEPZ SEZ
  • Mumbai
  • Maharashtra
  • 400096
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
534756BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2012
TARAJEWELSNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2012

Biography

Tara Jewels Limited, together with its subsidiaries, designs, manufactures, and retails jewelry primarily in India. The company offers studded gold, diamond, platinum, and silver jewelry, including rings, pendants sets, necklaces sets, tanmaniya, earrings, and pendants, as well as coins. It sells its products through jewelry chain stores, online retailers, and television networks, as well as company owned stores across Metros, Tier I, Tier II, and Tier III Indian cities. The company also exports its jewelry to Australia, Canada, China, New Zealand, Russia, South Africa, the United States, and the United Kingdom, as well as the rest of Europe. The company was incorporated in 2001 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/01 12:50
End of Day Share Price2019/09/03 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.