BSE:542579

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Executive Summary

Ashapuri Gold Ornament Limited engages in the manufacture and wholesale of gold jewelry.


Snowflake Analysis

Acceptable track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Ashapuri Gold Ornament's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 542579 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

542579

8.6%

IN Luxury

8.2%

IN Market


1 Year Return

-25.7%

542579

-21.6%

IN Luxury

-18.2%

IN Market

Return vs Industry: 542579 underperformed the Indian Luxury industry which returned -24% over the past year.

Return vs Market: 542579 underperformed the Indian Market which returned -19.9% over the past year.


Shareholder returns

542579IndustryMarket
7 Day0%8.6%8.2%
30 Day0%2.2%1.5%
90 Dayn/a-21.2%-11.5%
1 Year-25.7%-25.7%-21.0%-21.6%-16.6%-18.2%
3 Yearn/a0.4%-1.9%-6.1%-11.1%
5 Yearn/a46.0%42.7%19.2%8.0%

Price Volatility Vs. Market

How volatile is Ashapuri Gold Ornament's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ashapuri Gold Ornament undervalued compared to its fair value and its price relative to the market?

142.5x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 542579's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 542579's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 542579 is poor value based on its PE Ratio (142.5x) compared to the Luxury industry average (8.1x).

PE vs Market: 542579 is poor value based on its PE Ratio (142.5x) compared to the Indian market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 542579's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 542579 is overvalued based on its PB Ratio (1.6x) compared to the IN Luxury industry average (0.4x).


Next Steps

Future Growth

How is Ashapuri Gold Ornament forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.8%

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 Ashapuri Gold Ornament 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 Ashapuri Gold Ornament performed over the past 5 years?

422.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 542579 has high quality earnings.

Growing Profit Margin: 542579's current net profit margins (0.4%) are higher than last year (0.2%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 542579's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 542579's past year earnings growth to its 5-year average.

Earnings vs Industry: 542579 earnings growth over the past year (422.8%) exceeded the Luxury industry 6.4%.


Return on Equity

High ROE: 542579's Return on Equity (0.9%) is considered low.


Next Steps

Financial Health

How is Ashapuri Gold Ornament's financial position?


Financial Position Analysis

Short Term Liabilities: 542579's short term assets (₹420.8M) exceed its short term liabilities (₹15.1M).

Long Term Liabilities: 542579's short term assets (₹420.8M) exceed its long term liabilities (₹2.5M).


Debt to Equity History and Analysis

Debt Level: 542579's debt to equity ratio (0.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 542579's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: Insufficient data to determine if 542579's debt is well covered by operating cash flow.

Interest Coverage: 542579's interest payments on its debt are not well covered by EBIT (2.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Ashapuri Gold Ornament's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 542579's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 542579'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 542579's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 542579's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 542579'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?

1.4yrs

Average management tenure


CEO

Saremalbhai Soni (74yo)

no data

Tenure

₹1,200,000

Compensation

Mr. Saremalbhai Champalal Soni serves as Chairman & Managing Director at Ashapuri Gold Ornament Limited. He serves as Director at Ashapuri Gold Ornament Limited since November 1, 2008. He has lots of exper ...


CEO Compensation Analysis

Compensation vs Market: Saremalbhai's total compensation ($USD15.88K) is below average for companies of similar size in the Indian market ($USD50.27K).

Compensation vs Earnings: Insufficient data to compare Saremalbhai's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Saremalbhai Soni
Chairman & MDno data₹1.20m30.95% 225.4m
Dineshkumar Soni
Joint MD & Director12yrs₹1.20m23.57% 171.7m
Jitendrakumar Soni
Joint MD & Director12yrs₹1.20m18.47% 134.5m
Dharmesh Shah
Company Secretary & Compliance Officer1yrno datano data
Tejas Doshi
Marketing & Sales Managerno datano datano data

1.4yrs

Average Tenure

41yo

Average Age

Experienced Management: 542579's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Saremalbhai Soni
Chairman & MDno data₹1.20m30.95% 225.4m
Dineshkumar Soni
Joint MD & Director12yrs₹1.20m23.57% 171.7m
Jitendrakumar Soni
Joint MD & Director12yrs₹1.20m18.47% 134.5m
Rushikesh Patel
Additional Independent Director0.92yrno datano data
Alkaben Kamdar
Non-Executive Independent Director1.42yrsno datano data
Mukeshkumar Mandaliya
Additional Independent Director0.83yrno datano data

1.4yrs

Average Tenure

44yo

Average Age

Experienced Board: 542579's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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

Ashapuri Gold Ornament Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ashapuri Gold Ornament Limited
  • Ticker: 542579
  • Exchange: BSE
  • Founded: 2008
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: ₹728.221m
  • Shares outstanding: 21.29m
  • Website: https://www.ashapurigold.com

Location

  • Ashapuri Gold Ornament Limited
  • 109 to 112A, Super Mall
  • 1st Floor
  • Ahmedabad
  • Gujarat
  • 380009
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542579BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2019

Biography

Ashapuri Gold Ornament Limited engages in the manufacture and wholesale of gold jewelry. The company offers a range of jewelry products in 22 carat gold ornaments, such as choker set, toda set, long set, pota Jewelry, saloya, and bracelets. It also deals in antique jewelry, as well as trades in gold jewelry. Ashapuri Gold Ornament Limited was incorporated in 2008 and is based in Ahmedabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/02 13:42
End of Day Share Price2020/04/20 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.