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Goenka Diamond and Jewels

NSEI:GOENKA
Snowflake Description

Imperfect balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
GOENKA
NSEI
₹117M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Goenka Diamond and Jewels Limited engages in the cutting, polishing, and sale of diamonds in India. The last earnings update was 205 days ago. More info.


Add to Portfolio Compare Print
  • Goenka Diamond and Jewels has significant price volatility in the past 3 months.
GOENKA Share Price and Events
7 Day Returns
-20%
NSEI:GOENKA
-0.6%
IN Luxury
-1.9%
IN Market
1 Year Returns
-27.3%
NSEI:GOENKA
-4%
IN Luxury
-2.8%
IN Market
GOENKA Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Goenka Diamond and Jewels (GOENKA) -20% 60% 14.3% -27.3% -71.4% -90.6%
IN Luxury -0.6% 1.4% 8.8% -4% 47.5% 162.4%
IN Market -1.9% 1.2% 5.1% -2.8% 38.3% 71%
1 Year Return vs Industry and Market
  • GOENKA underperformed the Luxury industry which returned -4% over the past year.
  • GOENKA underperformed the Market in India which returned -2.8% over the past year.
Price Volatility
GOENKA
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Goenka Diamond and Jewels undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Goenka Diamond and Jewels. This is due to cash flow or dividend data being unavailable. The share price is ₹0.4.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Goenka Diamond and Jewels's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Goenka Diamond and Jewels's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:GOENKA PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹-0.36
BSE:533189 Share Price ** BSE (2019-04-24) in INR ₹0.38
India Luxury Industry PE Ratio Median Figure of 240 Publicly-Listed Luxury Companies 12.23x
India Market PE Ratio Median Figure of 2,739 Publicly-Listed Companies 16.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Goenka Diamond and Jewels.

NSEI:GOENKA PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:533189 Share Price ÷ EPS (both in INR)

= 0.38 ÷ -0.36

-1.07x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Goenka Diamond and Jewels is loss making, we can't compare its value to the IN Luxury industry average.
  • Goenka Diamond and Jewels is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does Goenka Diamond and Jewels's expected growth come at a high price?
Raw Data
NSEI:GOENKA PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Luxury Industry PEG Ratio Median Figure of 25 Publicly-Listed Luxury Companies 1.48x
India Market PEG Ratio Median Figure of 586 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Goenka Diamond and Jewels, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Goenka Diamond and Jewels's assets?
Raw Data
NSEI:GOENKA PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹7.96
BSE:533189 Share Price * BSE (2019-04-24) in INR ₹0.38
India Luxury Industry PB Ratio Median Figure of 311 Publicly-Listed Luxury Companies 0.75x
India Market PB Ratio Median Figure of 3,630 Publicly-Listed Companies 1.09x
NSEI:GOENKA PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:533189 Share Price ÷ Book Value per Share (both in INR)

= 0.38 ÷ 7.96

0.05x

* Primary Listing of Goenka Diamond and Jewels.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Goenka Diamond and Jewels is good value based on assets compared to the IN Luxury industry average.
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Value checks
We assess Goenka Diamond and Jewels's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Luxury industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Luxury industry average (and greater than 0)? (1 check)
  5. Goenka Diamond and Jewels has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Goenka Diamond and Jewels expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
19.3%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Goenka Diamond and Jewels expected to grow at an attractive rate?
  • Unable to compare Goenka Diamond and Jewels's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Goenka Diamond and Jewels's earnings growth to the India market average as no estimate data is available.
  • Unable to compare Goenka Diamond and Jewels's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:GOENKA Future Growth Rates Data Sources
Data Point Source Value (per year)
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 19.3%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.3%
India Market Revenue Growth Rate Market Cap Weighted Average 11.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:GOENKA Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:GOENKA Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 77 -6 -113
2017-03-31 31 -9 -154
2016-03-31 916 116 -548

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Goenka Diamond and Jewels is high growth as no earnings estimate data is available.
  • Unable to determine if Goenka Diamond and Jewels is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:GOENKA Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 year ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Goenka Diamond and Jewels Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:GOENKA Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 -0.36
2017-03-31 -0.49
2016-03-31 -1.73

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Goenka Diamond and Jewels will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Goenka Diamond and Jewels's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Goenka Diamond and Jewels's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess Goenka Diamond and Jewels's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Goenka Diamond and Jewels has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Goenka Diamond and Jewels performed over the past 5 years?

  • Goenka Diamond and Jewels's last earnings update was 205 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Goenka Diamond and Jewels's growth in the last year to its industry (Luxury).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Goenka Diamond and Jewels does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Goenka Diamond and Jewels's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Goenka Diamond and Jewels's 1-year growth to the IN Luxury industry average as it is not currently profitable.
Earnings and Revenue History
Goenka Diamond and Jewels's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Goenka Diamond and Jewels Company Filings, last reported 1 year ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:GOENKA Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 77.16 -112.76 12.24
2017-03-31 30.92 -153.83 13.47
2016-03-31 915.97 -548.16 15.34
2015-03-31 1,025.29 7.14 19.94
2014-03-31 3,963.90 30.24 70.06
2013-12-31 7,738.48 345.88 121.11
2013-09-30 9,378.13 560.95 102.49
2013-06-30 9,185.47 527.28 101.93
2013-03-31 8,424.88 475.48 102.24
2012-12-31 6,452.42 286.00 89.98
2012-09-30 5,768.47 215.54 93.67
2012-06-30 5,954.44 254.24 98.36

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Goenka Diamond and Jewels has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Goenka Diamond and Jewels has efficiently used its assets last year compared to the IN Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Goenka Diamond and Jewels improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Goenka Diamond and Jewels's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Luxury industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Goenka Diamond and Jewels has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Goenka Diamond and Jewels's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Goenka Diamond and Jewels's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Goenka Diamond and Jewels is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Goenka Diamond and Jewels's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Goenka Diamond and Jewels's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 4.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Goenka Diamond and Jewels Company Filings, last reported 1 year ago.

NSEI:GOENKA Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 2,524.13 1,841.15 7.73
2017-03-31 2,637.53 1,841.57 6.88
2016-03-31 2,799.99 1,870.45 61.56
2015-03-31 3,341.12 1,689.29 73.25
2014-03-31 3,330.27 1,601.07 82.66
2013-12-31 3,330.27 1,593.37 82.66
2013-09-30 3,553.43 1,578.40 101.54
2013-06-30 3,271.33 1,446.13 194.06
2013-03-31 3,271.33 1,446.13 194.06
2012-12-31
2012-09-30
2012-06-30 2,832.52 1,170.71 230.46
  • Goenka Diamond and Jewels's level of debt (72.9%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (44.2% vs 72.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Goenka Diamond and Jewels's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Goenka Diamond and Jewels's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Goenka Diamond and Jewels has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Goenka Diamond and Jewels dividends.
If you bought ₹2,000 of Goenka Diamond and Jewels shares you are expected to receive ₹0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Goenka Diamond and Jewels's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Goenka Diamond and Jewels's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:GOENKA Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Luxury Industry Average Dividend Yield Market Cap Weighted Average of 110 Stocks 0.6%
India Market Average Dividend Yield Market Cap Weighted Average of 1400 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.5%
India Top 25% Dividend Yield 75th Percentile 2%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:GOENKA Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2014-12-10 0.000 0.000
2013-10-01 0.100 2.598
2012-09-28 0.100 0.395
2011-10-07 0.100 1.465
2010-09-29 0.100 1.608
2010-04-16 0.005 0.059

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Goenka Diamond and Jewels has not reported any payouts.
  • Unable to verify if Goenka Diamond and Jewels's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Goenka Diamond and Jewels's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Goenka Diamond and Jewels has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Goenka Diamond and Jewels's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Goenka Diamond and Jewels afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Goenka Diamond and Jewels has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Goenka Diamond and Jewels's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Nandlal Goenka
COMPENSATION ₹600,000
AGE 69
CEO Bio

Mr. Nandlal Shubkaran Goenka is the Founder of Goenka Diamond and Jewels Limited and serves as its Acting Chief Executive Officer. Mr. Goenka has been an Acting Compliance Officer of Goenka Diamond and Jewels Limited since December 1, 2018. He was Compliance Officer of Goenka Diamond and Jewels Limited since June 19, 2018 until July 23, 2018. He has over 40 years of experience in the jewellery export, retail and designing business. He was the first jeweller whose achievements in the gems and jewellery sector were featured in national television in 1992, in a programme titled - The Face in the Crowd. Mr. Goenka was the Vice President of Federation of Rajasthan Trade and Industry. He has been Chairman at Goenka Diamond and Jewels Limited since April 15, 2008 and has been its Whole-Time Director since October 28, 2002. He was honoured with National Unity Award' by the Governor of Rajasthan on June 26, 1993 for outstanding services achievements and contributions at the 34th All India National Unity Conference in Jaipur. Mr. Goenka holds a graduate degree in chemicals from Rajasthan University, Jaipur.

CEO Compensation
  • Nandlal's compensation has been consistent with company performance over the past year.
  • Nandlal's remuneration is lower than average for companies of similar size in India.
Management Team

Nandlal Goenka

TITLE
Chairman
COMPENSATION
₹600K
AGE
69

Navneet Goenka

TITLE
Vice Chairman
COMPENSATION
₹480K
AGE
42
TENURE
11 yrs

Arvind Gupta

TITLE
Chief Operating Officer
AGE
40
TENURE
14.3 yrs

Harshad Mehta

TITLE
General Manager of Sales
COMPENSATION
₹229K
AGE
53

Jitendra Shah

TITLE
General Manager of Diamond Cutting Department
COMPENSATION
₹189K
AGE
63

Vinay Bagla

TITLE
General Manager of G WILD jewellery marketing
COMPENSATION
₹298K
AGE
48

Alpish Kakadia

TITLE
General Manager of Production
AGE
40

Pradip Kavadiya

TITLE
General Manager of Rough Diamonds Purchase Department
COMPENSATION
₹186K
AGE
43

Dhiren Chainani

TITLE
Sales Manager of CERES brand
COMPENSATION
₹36K
AGE
40
Board of Directors Tenure

Average tenure and age of the Goenka Diamond and Jewels board of directors in years:

6.1
Average Tenure
37
Average Age
  • The tenure for the Goenka Diamond and Jewels board of directors is about average.
Board of Directors

Nandlal Goenka

TITLE
Chairman
COMPENSATION
₹600K
AGE
69
TENURE
11 yrs

Navneet Goenka

TITLE
Vice Chairman
COMPENSATION
₹480K
AGE
42
TENURE
11 yrs

Bhau Dhure

TITLE
Additional Non-Executive Independent Director
COMPENSATION
₹25K
AGE
22
TENURE
1.2 yrs

Dhara Shah

TITLE
Additional Woman Independent Director
COMPENSATION
₹25K
AGE
32
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Goenka Diamond and Jewels's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Goenka Diamond and Jewels has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Some Goenka Diamond and Jewels (NSE:GOENKA) Shareholders Have Taken A Painful 87% Share Price Drop

Goenka Diamond and Jewels Limited (NSE:GOENKA) shareholders will doubtless be very grateful to see the share price up 40% in the last week. … Because Goenka Diamond and Jewels is loss-making, we think the market is probably more focussed on revenue and revenue growth, at least for now. … In the last five years Goenka Diamond and Jewels saw its revenue shrink by 45% per year.

Simply Wall St -

What Investors Should Know About Goenka Diamond and Jewels Limited's (NSE:GOENKA) Financial Strength

Investors are always looking for growth in small-cap stocks like Goenka Diamond and Jewels Limited (NSE:GOENKA), with a market cap of ₹114m. … However, an important fact which most ignore is: how financially healthy is the business? … Given that GOENKA is not presently profitable,

Simply Wall St -

Do Insiders Own Shares In Goenka Diamond and Jewels Limited (NSE:GOENKA)?

The big shareholder groups in Goenka Diamond and Jewels Limited (NSE:GOENKA) have power over the company. … With a market capitalization of ₹105m, Goenka Diamond and Jewels is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Goenka Diamond and Jewels

Simply Wall St -

What Kind Of Risk Should You Expect For Goenka Diamond and Jewels Limited (NSE:GOENKA)?

Generally, an investor should consider two types of risk that impact the market value of GOENKA. … The first risk to consider is company-specific, which can be diversified away when you invest in other companies in the same industry as GOENKA, because it is rare that an entire industry collapses at once. … The other type of risk, which cannot be diversified away, is market risk.

Simply Wall St -

Should You Be Concerned About Goenka Diamond and Jewels Limited's (NSE:GOENKA) Shareholders?

Today, I will be analyzing Goenka Diamond and Jewels Limited’s (NSEI:GOENKA) recent ownership structure, an important but not-so-popular subject among individual investors. … View our latest analysis for Goenka Diamond and Jewels NSEI:GOENKA Ownership_summary Jun 4th 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … Thus, investors not need worry too much about the consequences of these holdings.Next Steps: Institutional ownership level and composition in GOENKA is not high nor active enough to significantly impact its investment thesis.

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Has Goenka Diamond and Jewels Limited (NSE:GOENKA) Improved Earnings Growth In Recent Times?

Investors may find my commentary, albeit very high-level and brief, on Goenka Diamond and Jewels Limited (NSEI:GOENKA) useful as an attempt to give more color around how Goenka Diamond and Jewels is currently performing. … Check out our latest analysis for Goenka Diamond and Jewels How GOENKA fared against its long-term earnings performance and its industry To account for any quarterly or half-yearly updates, I use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … Each year, for the past five years Goenka Diamond and Jewels has seen an annual decline in revenue of -20.21%, on average.

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Is Goenka Diamond and Jewels Limited (NSE:GOENKA) A Financially Sound Company?

At this constant level of debt, GOENKA currently has ₹56.61M remaining in cash and short-term investments , ready to deploy into the business. … Additionally, GOENKA has produced ₹9.40M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 0.51%, indicating that GOENKA’s current level of operating cash is not high enough to cover debt. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: GOENKA’s debt and cash flow levels indicate room for improvement.

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What Kind Of Risk And Return Should You Expect For Goenka Diamond and Jewels Limited (NSE:GOENKA)?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … View our latest analysis for Goenka Diamond and Jewels An interpretation of GOENKA's beta Goenka Diamond and Jewels has a beta of 1.03, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … However, this is the opposite to what GOENKA’s actual beta value suggests, which is higher stock volatility relative to the market.

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Who Are The Top Investors In Goenka Diamond and Jewels Limited (NSE:GOENKA)?

Today, I will be analyzing Goenka Diamond and Jewels Limited’s (NSEI:GOENKA) recent ownership structure, an important but not-so-popular subject among individual investors. … See our latest analysis for Goenka Diamond and Jewels NSEI:GOENKA Ownership_summary Feb 10th 18 Institutional Ownership GOENKA's 15.05% institutional ownership seems enough to cause large share price movements in the case of significant share sell-off or acquisitions by institutions, particularly when there is a low level of public shares available on the market to trade. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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How Does Goenka Diamond and Jewels Limited (NSE:GOENKA) Compare To The Consumer Sector?

Goenka Diamond and Jewels Limited (NSEI:GOENKA), a ₹145.82M small-cap, operates in the consumer discretionary industry, whose sales are driven primarily by consumer sentiment, which is closely linked to employment and wages. … Today, I will analyse the industry outlook, and also determine whether Goenka Diamond and Jewels is a laggard or leader relative to its consumer discretionary sector peers. … Check out our latest analysis for Goenka Diamond and Jewels What’s the catalyst for Goenka Diamond and Jewels's sector growth?

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Company Info

Description

Goenka Diamond and Jewels Limited engages in the 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.

Details
Name: Goenka Diamond and Jewels Limited
GOENKA
Exchange: NSEI
Founded: 1990
₹117,290,000
317,000,000
Website: http://www.goenkadiamonds.com
Address: Goenka Diamond and Jewels Limited
1305, Panchratna Building,
Mama Parmanand Marg,
Mumbai,
Maharashtra, 400004,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 533189 Equity Shares Mumbai Stock Exchange IN INR 16. Apr 2010
NSEI GOENKA Equity Shares National Stock Exchange of India IN INR 16. Apr 2010
Number of employees
Current staff
Staff numbers
0
Goenka Diamond and Jewels employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/24 12:51
End of day share price update: 2019/04/24 00:00
Last earnings filing: 2018/10/01
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.