Goenka Diamond and Jewels Limited engages in cutting, polishing, and sale of diamonds in India.
Imperfect balance sheet and overvalued.
Share Price & News
How has Goenka Diamond and Jewels's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: GOENKA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: GOENKA underperformed the Indian Luxury industry which returned 18.2% over the past year.
Return vs Market: GOENKA underperformed the Indian Market which returned 10.7% over the past year.
Price Volatility Vs. Market
How volatile is Goenka Diamond and Jewels's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHow Much Of Goenka Diamond and Jewels Limited (NSE:GOENKA) Do Insiders Own?
3 months ago | Simply Wall StSome Goenka Diamond and Jewels (NSE:GOENKA) Shareholders Have Taken A Painful 94% Share Price Drop
5 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Goenka Diamond and Jewels Limited (NSE:GOENKA)?
Is Goenka Diamond and Jewels undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate GOENKA's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate GOENKA's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: GOENKA is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: GOENKA is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GOENKA's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GOENKA is good value based on its PB Ratio (0x) compared to the IN Luxury industry average (0.5x).
How is Goenka Diamond and Jewels forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Goenka Diamond and 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.
- Take a look at our analysis of GOENKA’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.
- Goenka Diamond and Jewels competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Goenka Diamond and Jewels performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GOENKA is currently unprofitable.
Growing Profit Margin: GOENKA is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: GOENKA is unprofitable, but has reduced losses over the past 5 years at a rate of 35.9% per year.
Accelerating Growth: Unable to compare GOENKA's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: GOENKA is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (5.6%).
Return on Equity
High ROE: GOENKA has a negative Return on Equity (-0.96%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is Goenka Diamond and Jewels's financial position?
Financial Position Analysis
Short Term Liabilities: GOENKA's short term assets (₹7.8B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: GOENKA's short term assets (₹7.8B) exceed its long term liabilities (₹815.0K).
Debt to Equity History and Analysis
Debt Level: GOENKA's debt to equity ratio (77.4%) is considered high.
Reducing Debt: GOENKA's debt to equity ratio has increased from 50% to 77.4% over the past 5 years.
Inventory Level: GOENKA has a low level of unsold assets or inventory.
Debt Coverage by Assets: GOENKA's debt is covered by short term assets (assets are 4.1x debt).
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: GOENKA has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: GOENKA has been profitable on average in the past, therefore cash runway is not a concern.
What is Goenka Diamond and Jewels's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate GOENKA's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate GOENKA'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 GOENKA's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GOENKA's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: GOENKA is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GOENKA's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Nandlal Goenka (70yo)
Mr. Nandlal Shubkaran Goenka is the Founder of Goenka Diamond and Jewels Limited and serves as its Acting Chief Executive Officer. Mr. Goenka served as an Acting Compliance Officer of Goenka Diamond and Je ...
CEO Compensation Analysis
Compensation vs Market: Nandlal's total compensation ($USD8.99K) is below average for companies of similar size in the Indian market ($USD50.34K).
Compensation vs Earnings: Nandlal's compensation has increased whilst the company is unprofitable.
|Chairman & Acting CEO||0yrs||₹643.20k||12.57% ₹10.4m|
|Vice Chairman & MD||11.8yrs||₹514.56k||28.75% ₹23.7m|
|Additional Non-Executive Independent Director||2yrs||₹81.00k||no data|
|Additional Woman Independent Director||2yrs||₹67.50k||no data|
|Additional Independent Director||0yrs||no data||no data|
Experienced Board: GOENKA's board of directors are considered experienced (6.9 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.
Goenka Diamond and Jewels Limited's company bio, employee growth, exchange listings and data sources
- Name: Goenka Diamond and Jewels Limited
- Ticker: GOENKA
- Exchange: NSEI
- Founded: 1990
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹82.420m
- Shares outstanding: 317.00m
- Website: https://www.goenkadiamonds.com
- Goenka Diamond and Jewels Limited
- 1305, Panchratna Building
- Mama Parmanand Marg
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|533189||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Apr 2010|
|GOENKA||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Apr 2010|
Goenka Diamond and Jewels Limited engages in cutting, polishing, and sale of diamonds in India. The company operates in two segments, Diamond and Gem, and Retail Jewellery. It is also involved in the manufacture and retail of diamond jewelry. The company supplies polished diamonds primarily to wholesalers, jewelry manufacturers, traders, and retailers in India, Hong Kong, South East Asia, and the United States. Goenka Diamond and Jewels Limited was incorporated in 1990 and is based in Mumbai, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/19 13:06|
|End of Day Share Price||2020/02/19 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.