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Moksh Ornaments

NSEI:MOKSH
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
MOKSH
NSEI
₹215M
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Moksh Ornaments Limited engages in the manufacture and wholesale of jewelry in India. The last earnings update was 155 days ago. More info.


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MOKSH Share Price and Events
7 Day Returns
0.9%
NSEI:MOKSH
-1%
IN Luxury
-0.7%
IN Market
1 Year Returns
-52.7%
NSEI:MOKSH
-14.9%
IN Luxury
-11.6%
IN Market
MOKSH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Moksh Ornaments (MOKSH) 0.9% -6.5% -10.2% -52.7% - -
IN Luxury -1% 1.4% 5.2% -14.9% 37.2% 200.3%
IN Market -0.7% -0.5% 5.3% -11.6% 41.7% 87.9%
1 Year Return vs Industry and Market
  • MOKSH underperformed the Luxury industry which returned -14.9% over the past year.
  • MOKSH underperformed the Market in India which returned -11.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

MOKSH Value

 Is Moksh Ornaments 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 Moksh Ornaments. This is due to cash flow or dividend data being unavailable. The share price is ₹21.5.
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 Moksh Ornaments's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Moksh Ornaments's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:MOKSH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in INR ₹5.28
NSEI:MOKSH Share Price ** NSEI (2019-01-23) in INR ₹21.5
India Luxury Industry PE Ratio Median Figure of 241 Publicly-Listed Luxury Companies 12.46x
India Market PE Ratio Median Figure of 2,737 Publicly-Listed Companies 16.72x

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

** Primary Listing of Moksh Ornaments.

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

= NSEI:MOKSH Share Price ÷ EPS (both in INR)

= 21.5 ÷ 5.28

4.07x

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

  • Moksh Ornaments is good value based on earnings compared to the IN Luxury industry average.
  • Moksh Ornaments is good value based on earnings compared to the India market.
Price based on expected Growth
Does Moksh Ornaments's expected growth come at a high price?
Raw Data
NSEI:MOKSH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.07x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-3.2%per year
India Luxury Industry PEG Ratio Median Figure of 31 Publicly-Listed Luxury Companies 1.07x
India Market PEG Ratio Median Figure of 631 Publicly-Listed Companies 1.15x

*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 Moksh Ornaments, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Moksh Ornaments's assets?
Raw Data
NSEI:MOKSH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in INR ₹24.06
NSEI:MOKSH Share Price * NSEI (2019-01-23) in INR ₹21.5
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.78x
India Market PB Ratio Median Figure of 3,570 Publicly-Listed Companies 1.16x
NSEI:MOKSH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:MOKSH Share Price ÷ Book Value per Share (both in INR)

= 21.5 ÷ 24.06

0.89x

* Primary Listing of Moksh Ornaments.

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

  • Moksh Ornaments is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Moksh Ornaments'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. Moksh Ornaments has a total score of 2/6, 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.

MOKSH Future Performance

 How is Moksh Ornaments expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Moksh Ornaments, future earnings growth has been estimated based on fundamentals.
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
-3.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Moksh Ornaments expected to grow at an attractive rate?
  • Moksh Ornaments's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Moksh Ornaments's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Moksh Ornaments's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:MOKSH Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:MOKSH Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -3.2%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.8%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.9%
India Market Revenue Growth Rate Market Cap Weighted Average 11.5%

*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:MOKSH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 months 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:MOKSH Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-03-31 3,097 -83 39
2017-03-31 2,397 -85 31
2016-03-31 1,430 27 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Moksh Ornaments's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Moksh Ornaments 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:MOKSH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Moksh Ornaments Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MOKSH Past Financials Data
Date (Data in INR Millions) EPS *
2018-03-31 5.28
2017-03-31 6.00
2016-03-31 0.38

*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 Moksh Ornaments will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Moksh Ornaments'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.
Moksh Ornaments 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.

MOKSH Past Performance

  How has Moksh Ornaments performed over the past 5 years?

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 Moksh Ornaments'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.
  • Moksh Ornaments has delivered over 20% year on year earnings growth in the past 5 years.
  • Moksh Ornaments's 1-year earnings growth is less than its 5-year average (26.4% vs 64.4%)
  • Moksh Ornaments's earnings growth has exceeded the IN Luxury industry average in the past year (26.4% vs 21%).
Earnings and Revenue History
Moksh Ornaments'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 Moksh Ornaments Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:MOKSH 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 3,097.06 39.17 8.72
2017-03-31 2,397.21 30.99 4.26
2016-03-31 1,429.59 1.52 2.90
2015-03-31 1,108.10 1.68 2.01
2014-03-31 809.48 1.31 2.04
2013-03-31 1,160.07 0.49 0.59

*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.
  • Moksh Ornaments has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Moksh Ornaments used its assets more efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Moksh Ornaments's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Moksh Ornaments'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.
Moksh Ornaments has a total score of 3/6, 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.

MOKSH Health

 How is Moksh Ornaments'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 Moksh Ornaments's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Moksh Ornaments is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Moksh Ornaments has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Moksh Ornaments'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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.8x 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 Moksh Ornaments Company Filings, last reported 9 months ago.

NSEI:MOKSH Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 258.21 339.26 45.89
2017-03-31 110.83 359.01 38.18
2016-03-31 79.84 125.39 23.28
2015-03-31 28.32 154.89 0.08
2014-03-31 6.64 176.86 14.70
2013-03-31 5.33 128.74 0.61
  • Moksh Ornaments's level of debt (131.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (2417.1% vs 131.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 4x coverage).
X
Financial health checks
We assess Moksh Ornaments'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. Moksh Ornaments has a total score of 4/6, 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.

MOKSH Dividends

 What is Moksh Ornaments'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 Moksh Ornaments dividends.
If you bought ₹2,000 of Moksh Ornaments 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 Moksh Ornaments's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Moksh Ornaments'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:MOKSH 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 1392 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 1.8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Moksh Ornaments has not reported any payouts.
  • Unable to verify if Moksh Ornaments's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Moksh Ornaments's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Moksh Ornaments 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 Moksh Ornaments'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 Moksh Ornaments afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Moksh Ornaments 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.

MOKSH Management

 What is the CEO of Moksh Ornaments'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
Amrit Shah
COMPENSATION ₹2,400,000
AGE 46
TENURE AS CEO 1.3 years
CEO Bio

Mr. Amrit J. Shah is the Promoter and has been Managing Director of Moksh Ornaments Limited since September 28, 2017. Mr. Shah holds a degree in Bachelors of Commerce from the University of Mumbai. He has around 20 years of experience in the business of gold and gold ornaments. He is entrusted with the responsibility of looking after the overall management and operations, planning and implementation of the strategies of our Company. Mr. Shah has been a Director at Moksh Ornaments Limited. since its inception on July 19, 2012.

CEO Compensation
  • Insufficient data for Amrit to compare compensation growth.
  • Amrit's remuneration is higher than average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Moksh Ornaments management team in years:

1.4
Average Tenure
37
Average Age
  • The average tenure for the Moksh Ornaments management team is less than 2 years, this suggests a new team.
Management Team

Amrit Shah

TITLE
MD & Director
COMPENSATION
₹2M
AGE
46
TENURE
1.3 yrs

Jawanmal Shah

TITLE
Whole-Time Director
COMPENSATION
₹2M
AGE
75

Purvesh Shah

TITLE
Chief Financial Officer
AGE
21
TENURE
1.4 yrs

Charmy Variya

TITLE
Company Secretary & Compliance Officer
AGE
28
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Moksh Ornaments board of directors in years:

1.3
Average Tenure
26
Average Age
  • The average tenure for the Moksh Ornaments board of directors is less than 3 years, this suggests a new board.
Board of Directors

Amrit Shah

TITLE
MD & Director
COMPENSATION
₹2M
AGE
46
TENURE
6.5 yrs

Jawanmal Shah

TITLE
Whole-Time Director
COMPENSATION
₹2M
AGE
75
TENURE
6.5 yrs

Brijesh Shah

TITLE
Non-Executive Independent Director
COMPENSATION
₹25K
AGE
24
TENURE
1.3 yrs

Hemang Shah

TITLE
Non-Executive Independent Director
COMPENSATION
₹25K
AGE
24
TENURE
1.3 yrs

Sangeeta Shah

TITLE
Non-Executive & Non-Independent Director
AGE
44
TENURE
6.5 yrs

Sanjay Suthar

TITLE
Independent Director
AGE
24
TENURE
0.5 yrs

Nirali Shah

TITLE
Independent Director
AGE
26
TENURE
0.4 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 Moksh Ornaments'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. Moksh Ornaments 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.

MOKSH News

Simply Wall St News

Are Moksh Ornaments Limited's (NSE:MOKSH) Interest Costs Too High?

Moksh Ornaments Limited (NSE:MOKSH) is a small-cap stock with a market capitalization of ₹210m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is.

Simply Wall St -

Do You Know What Moksh Ornaments Limited's (NSE:MOKSH) P/E Ratio Means?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Moksh Ornaments has a P/E ratio of 4.26, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

Understanding Your Return On Investment In Moksh Ornaments Limited (NSE:MOKSH)

This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … To understand Moksh Ornaments’s capital returns we will look at a useful metric called return on capital employed. … Calculating Return On Capital Employed for MOKSH

Simply Wall St -

What Type Of Shareholder Owns Moksh Ornaments Limited's (NSE:MOKSH)?

If you want to know who really controls Moksh Ornaments Limited (NSE:MOKSH), then you'll have to look at the makeup of its share registry. … Moksh Ornaments is not a large company by global standards. … Check out our latest analysis for Moksh Ornaments

Simply Wall St -

Who Really Owns Moksh Ornaments Private Limited (NSE:MOKSH)?

Today, I will be analyzing Moksh Ornaments Private Limited’s (NSE:MOKSH) recent ownership structure, an important but not-so-popular subject among individual investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

Is Moksh Ornaments Private Limited's (NSE:MOKSH) Balance Sheet A Threat To Its Future?

Moving onto cash from operations, its small level of operating cash flow means calculating cash-to-debt wouldn't be too useful, though these low levels of cash means that operational efficiency is worth a look. … In MOKSH's case, the ratio of 2.54x suggests that interest is not strongly covered, which means that debtors may be less inclined to loan the company more money, reducing its headroom for growth through debt.Next Steps: MOKSH’s debt and cash flow levels indicate room for improvement. … Its cash flow coverage of less than a quarter of debt means that operating efficiency could be an issue.

Simply Wall St -

What Do You Get For Owning Moksh Ornaments Private Limited (NSE:MOKSH)?

View our latest analysis for Moksh Ornaments Private What is Return on Capital Employed (ROCE)? … To determine Moksh Ornaments Private's capital return we will use ROCE, which tells us how much the company makes from the capital employed in their operations (for things like machinery, wages etc) I have calculated Moksh Ornaments Private’s ROCE for you below: ROCE Calculation for MOKSH Return on Capital Employed (ROCE) = Earnings Before Tax (EBT) ÷ (Capital Employed) Capital Employed = (Total Assets - Current Liabilities) ∴ ROCE = ₹43.85M ÷ (₹522.38M - ₹414.80M) = 40.76% As you can see, MOKSH added ₹40.8 for every ₹100 you invested over the previous twelve months. … We can see that earnings have increased from ₹1.90M to ₹43.85M whilst capital employed has also increased but to a smaller extent, which means the company has been able to improve ROCE by driving up earnings relative to the capital invested in the business.Next Steps Moksh Ornaments Private’s ROCE has increased over the recent past and is currently at a level that makes the company an attractive candidate that is capable of compounding your capital at a fast rate.

Simply Wall St -

Who Are The Major Shareholders In Moksh Ornaments Private Limited (NSE:MOKSH)?

In this analysis, my focus will be on developing a perspective on Moksh Ornaments Private Limited’s (NSEI:MOKSH) latest ownership structure, a less discussed, but important factor. … See our latest analysis for Moksh Ornaments Private NSEI:MOKSH Ownership_summary Mar 19th 18 Insider Ownership Another important group of shareholders are company insiders. … MOKSH insiders hold a significant stake of 48.14% in the company.

Simply Wall St -

What You Must Know About Moksh Ornaments Private Limited's (NSE:MOKSH) Financial Strength

MOKSH has built up its total debt levels in the last twelve months, from ₹125.4M to ₹196.3M , which is mainly comprised of near term debt. … Since total debt levels have outpaced equities, MOKSH is a highly leveraged company. … For MOKSH, the ratio of 2.54x suggests that interest is not strongly covered, which means that debtors may be less inclined to loan the company more money, reducing its headroom for growth through debt.Next Steps: MOKSH’s cash flow coverage indicates it could improve its operating efficiency in order to meet demand for debt repayments should unforeseen events arise.

Simply Wall St -

MOKSH Company Info

Map
Description

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.

Details
Name: Moksh Ornaments Limited
MOKSH
Exchange: NSEI
Founded: 2012
₹214,640,220
10,732,011
Website: http://www.mokshornaments.com
Address: Moksh Ornaments Limited
99, Mulji Jetha Building,
B-405/1, B-405/2, 4th floor,
Mumbai,
Maharashtra, 400002,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI MOKSH Equity Shares National Stock Exchange of India IN INR 03. Jan 2018
Number of employees
Current staff
Staff numbers
8
Moksh Ornaments employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/23 12:54
End of day share price update: 2019/01/23 00:00
Last earnings filing: 2018/08/21
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.