Moksh Ornaments
Market Cap
₹258.6m
Last Updated
2020/07/03 12:52 UTC
Data Sources
Company Financials
Executive Summary
Moksh Ornaments Limited engages in the manufacture and wholesale of jewelry in India.
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with mediocre balance sheet.
Similar Companies
Share Price & News
How has Moksh Ornaments's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MOKSH has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
10.0%
MOKSH
-0.3%
IN Luxury
1.3%
IN Market
1 Year Return
21.6%
MOKSH
-21.9%
IN Luxury
-10.7%
IN Market
Return vs Industry: MOKSH exceeded the Indian Luxury industry which returned -24.1% over the past year.
Return vs Market: MOKSH exceeded the Indian Market which returned -11.3% over the past year.
Shareholder returns
| MOKSH | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.0% | -0.3% | 1.3% |
| 30 Day | 10.0% | 0.7% | 7.0% |
| 90 Day | -5.7% | 12.4% | 29.4% |
| 1 Year | 21.6%21.6% | -21.2%-21.9% | -9.0%-10.7% |
| 3 Year | n/a | -1.9%-4.2% | 0.08%-5.2% |
| 5 Year | n/a | 31.0%23.7% | 23.3%12.0% |
Price Volatility Vs. Market
How volatile is Moksh Ornaments's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
The Moksh Ornaments (NSE:MOKSH) Share Price Is Up 25% And Shareholders Are Holding On1 month ago | Simply Wall St
Moksh Ornaments Limited (NSE:MOKSH) Earns Among The Best Returns In Its Industry2 months ago | Simply Wall St
Here's Why Moksh Ornaments (NSE:MOKSH) Has A Meaningful Debt BurdenValuation
Is Moksh Ornaments undervalued compared to its fair value and its price relative to the market?
4.99x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: MOKSH (₹24.1) is trading above our estimate of fair value (₹11.67)
Significantly Below Fair Value: MOKSH is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: MOKSH is good value based on its PE Ratio (4.9x) compared to the Luxury industry average (9.9x).
PE vs Market: MOKSH is good value based on its PE Ratio (4.9x) compared to the Indian market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate MOKSH's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: MOKSH is overvalued based on its PB Ratio (0.7x) compared to the IN Luxury industry average (0.5x).
Next Steps
Future Growth
How is Moksh Ornaments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.8%
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 Moksh Ornaments 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
- Check out Moksh Ornaments's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Moksh Ornaments competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Moksh Ornaments performed over the past 5 years?
32.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MOKSH has high quality earnings.
Growing Profit Margin: MOKSH's current net profit margins (1.5%) are higher than last year (1.3%).
Past Earnings Growth Analysis
Earnings Trend: MOKSH's earnings have grown significantly by 32.2% per year over the past 5 years.
Accelerating Growth: MOKSH's earnings growth over the past year (10.9%) is below its 5-year average (32.2% per year).
Earnings vs Industry: MOKSH earnings growth over the past year (10.9%) exceeded the Luxury industry 6.9%.
Return on Equity
High ROE: MOKSH's Return on Equity (14.8%) is considered low.
Next Steps
Financial Health
How is Moksh Ornaments's financial position?
Financial Position Analysis
Short Term Liabilities: MOKSH's short term assets (₹1.0B) exceed its short term liabilities (₹674.4M).
Long Term Liabilities: MOKSH's short term assets (₹1.0B) exceed its long term liabilities (₹100.0).
Debt to Equity History and Analysis
Debt Level: MOKSH's debt to equity ratio (166.5%) is considered high.
Reducing Debt: MOKSH's debt to equity ratio has reduced from 541% to 166.5% over the past 5 years.
Debt Coverage: MOKSH's debt is not well covered by operating cash flow (3.4%).
Interest Coverage: MOKSH's interest payments on its debt are not well covered by EBIT (2.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Moksh Ornaments's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate MOKSH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate MOKSH'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 MOKSH's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if MOKSH'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 MOKSH'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?
2.9yrs
Average management tenure
CEO
Amrit Shah (48yo)
2.83yrs
Tenure
₹2,400,000
Compensation
Mr. Amrit Jawanmal Shah is the Promoter and has been Managing Director of Moksh Ornaments Limited since September 28, 2017 and serves as its Chairman. Mr. Shah holds a degree in Bachelors of Commerce fro ...
CEO Compensation Analysis
Compensation vs Market: Amrit's total compensation ($USD31.78K) is below average for companies of similar size in the Indian market ($USD49.02K).
Compensation vs Earnings: Amrit's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 2.83yrs | ₹2.40m | 28.89% ₹74.7m | |
| Whole-Time Director | 8yrs | ₹2.40m | 28.89% ₹74.7m | |
| Chief Financial Officer | 2.92yrs | no data | 1.31% ₹3.4m | |
| Company Secretary & Compliance Officer | 2.92yrs | no data | no data |
2.9yrs
Average Tenure
39yo
Average Age
Experienced Management: MOKSH's management team is considered experienced (2.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 2.83yrs | ₹2.40m | 28.89% ₹74.7m | |
| Whole-Time Director | 8yrs | ₹2.40m | 28.89% ₹74.7m | |
| Independent Director | 1.92yrs | ₹25.00k | no data | |
| Non-Executive & Independent Director | 8yrs | no data | 7.22% ₹18.7m | |
| Independent Director | 2yrs | ₹25.00k | no data |
5.0yrs
Average Tenure
46yo
Average Age
Experienced Board: MOKSH's board of directors are considered experienced (5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Moksh Ornaments Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Moksh Ornaments Limited
- Ticker: MOKSH
- Exchange: NSEI
- Founded: 2012
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: ₹258.641m
- Shares outstanding: 10.73m
- Website: https://www.mokshornaments.com
Number of Employees
Location
- Moksh Ornaments Limited
- 99, Mulji Jetha Building
- B-405/1, B-405/2, 4th floor
- Mumbai
- Maharashtra
- 400002
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| MOKSH | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2018 |
Biography
Moksh Ornaments Limited engages in the manufacture and wholesale of jewelry in India. It primarily sells gold jewelry, including bangles, chains, and mangalsutra. The company was incorporated in 2012 and is headquartered in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/03 12:52 |
| End of Day Share Price | 2020/07/03 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.