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Renaissance Jewellery

NSEI:RJL
Snowflake Description

Adequate balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RJL
NSEI
₹6B
Market Cap
  1. Home
  2. IN
  3. Consumer Durables
Company description

Renaissance Jewellery Limited designs, manufactures, and sells diamond studded jewellery in India. The last earnings update was 6 days ago. More info.


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RJL Share Price and Events
7 Day Returns
-0.3%
NSEI:RJL
-2.1%
IN Luxury
-2.4%
IN Market
1 Year Returns
-16.3%
NSEI:RJL
-8.5%
IN Luxury
-9%
IN Market
RJL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Renaissance Jewellery (RJL) -0.3% -7.2% -6.2% -16.3% 113.4% 375.2%
IN Luxury -2.1% -1.1% -3.2% -8.5% 49.4% 189.7%
IN Market -2.4% -4.1% -4% -9% 41.6% 79.8%
1 Year Return vs Industry and Market
  • RJL underperformed the Luxury industry which returned -8.5% over the past year.
  • RJL underperformed the Market in India which returned -9% over the past year.
Price Volatility
RJL
Industry
5yr Volatility vs Market

Value

 Is Renaissance Jewellery 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 Renaissance Jewellery. This is due to cash flow or dividend data being unavailable. The share price is ₹285.35.
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 Renaissance Jewellery's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Renaissance Jewellery's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:RJL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹42.58
BSE:532923 Share Price ** BSE (2019-02-18) in INR ₹290.3
India Luxury Industry PE Ratio Median Figure of 238 Publicly-Listed Luxury Companies 11.72x
India Market PE Ratio Median Figure of 2,718 Publicly-Listed Companies 15.15x

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

** Primary Listing of Renaissance Jewellery.

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

= BSE:532923 Share Price ÷ EPS (both in INR)

= 290.3 ÷ 42.58

6.82x

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

  • Renaissance Jewellery is good value based on earnings compared to the IN Luxury industry average.
  • Renaissance Jewellery is good value based on earnings compared to the India market.
Price based on expected Growth
Does Renaissance Jewellery's expected growth come at a high price?
Raw Data
NSEI:RJL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.82x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-0.5%per year
India Luxury Industry PEG Ratio Median Figure of 27 Publicly-Listed Luxury Companies 1.11x
India Market PEG Ratio Median Figure of 606 Publicly-Listed Companies 1.1x

*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 Renaissance Jewellery, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Renaissance Jewellery's assets?
Raw Data
NSEI:RJL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹344.85
BSE:532923 Share Price * BSE (2019-02-18) in INR ₹290.3
India Luxury Industry PB Ratio Median Figure of 307 Publicly-Listed Luxury Companies 0.7x
India Market PB Ratio Median Figure of 3,587 Publicly-Listed Companies 1.04x
NSEI:RJL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:532923 Share Price ÷ Book Value per Share (both in INR)

= 290.3 ÷ 344.85

0.84x

* Primary Listing of Renaissance Jewellery.

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

  • Renaissance Jewellery is overvalued based on assets compared to the IN Luxury industry average.
X
Value checks
We assess Renaissance Jewellery'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. Renaissance Jewellery 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.

Future Performance

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

  • No analysts cover Renaissance Jewellery, 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
-0.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Renaissance Jewellery expected to grow at an attractive rate?
  • Renaissance Jewellery'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
  • Renaissance Jewellery's earnings are expected to decrease over the next 1-3 years, this is below the India market average.
  • Unable to compare Renaissance Jewellery's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:RJL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:RJL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -0.5%
India Luxury Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
India Luxury Industry Revenue Growth Rate Market Cap Weighted Average 15%
India Market Earnings Growth Rate Market Cap Weighted Average 18.5%
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:RJL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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:RJL Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
NSEI:RJL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 23,238 793
2018-09-30 21,179 708
2018-06-30 19,044 660
2018-03-31 18,251 -337 631
2017-12-31 17,758 615
2017-09-30 16,746 550
2017-06-30 15,770 458
2017-03-31 14,734 52 420
2016-12-31 13,912 479
2016-09-30 13,234 483
2016-06-30 13,404 484
2016-03-31 13,196 731 474

*GAAP earnings excluding extraordinary items.

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

All data from Renaissance Jewellery Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:RJL Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
NSEI:RJL Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31 42.58
2018-09-30 38.16
2018-06-30 35.67
2018-03-31 34.12
2017-12-31 32.16
2017-09-30 28.92
2017-06-30
2017-03-31 22.81
2016-12-31 25.10
2016-09-30 25.32
2016-06-30 25.35
2016-03-31 24.87

*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 Renaissance Jewellery will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Renaissance Jewellery'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.
Renaissance Jewellery 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 Renaissance Jewellery 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 Renaissance Jewellery'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.
  • Renaissance Jewellery's year on year earnings growth rate has been positive over the past 5 years.
  • Renaissance Jewellery's 1-year earnings growth exceeds its 5-year average (29% vs 17.3%)
  • Renaissance Jewellery's earnings growth has exceeded the IN Luxury industry average in the past year (29% vs 14%).
Earnings and Revenue History
Renaissance Jewellery'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 Renaissance Jewellery Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:RJL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 23,237.61 793.31 953.29
2018-09-30 21,178.60 708.44 951.75
2018-06-30 19,044.01 659.67 901.21
2018-03-31 18,251.02 630.57 918.76
2017-12-31 17,758.13 614.75 1,015.35
2017-09-30 16,745.70 550.09 949.01
2017-06-30 15,770.25 457.87 965.18
2017-03-31 14,734.49 420.49 967.43
2016-12-31 13,911.98 478.96 1,033.94
2016-09-30 13,234.39 482.95 1,044.93
2016-06-30 13,403.62 483.56 1,032.37
2016-03-31 13,195.80 474.42 1,013.44
2015-12-31 12,627.23 474.08 1,075.25
2015-09-30 13,314.64 485.18 1,058.11
2015-06-30 13,065.69 426.18 733.74
2015-03-31 12,764.42 401.57 993.82
2014-12-31 13,707.00 462.47 1,235.29
2014-09-30 12,648.11 330.03 1,260.42
2014-06-30 12,442.92 321.55 898.74
2014-03-31 12,221.61 294.84 1,265.65
2013-12-31 10,947.59 194.29 1,079.91
2013-09-30 10,383.90 166.65 1,077.36
2013-06-30 9,664.73 233.16 870.28
2013-03-31 9,519.27 147.71 1,218.46
2012-12-31 8,848.88 125.31 1,242.74
2012-09-30 8,728.22 220.11 1,252.53
2012-06-30 9,544.57 234.00 1,229.13
2012-03-31 9,517.22 335.34 1,103.56

*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.
  • Renaissance Jewellery has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Renaissance Jewellery used its assets less efficiently than the IN Luxury industry average last year based on Return on Assets.
  • Renaissance Jewellery has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Renaissance Jewellery'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.
Renaissance Jewellery has a total score of 4/6, 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 Renaissance Jewellery'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 Renaissance Jewellery's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Renaissance Jewellery is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Renaissance Jewellery's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Renaissance Jewellery'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 2.5x 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 Renaissance Jewellery Company Filings, last reported 1 month ago.

NSEI:RJL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 6,436.70 6,726.70 621.90
2018-09-30 5,597.06 7,243.16 1,028.13
2018-06-30 5,577.76 3,476.22 1,136.89
2018-03-31 5,577.76 3,476.22 1,136.89
2017-12-31 5,331.85 3,803.84 1,534.32
2017-09-30 5,331.85 3,803.84 1,534.32
2017-06-30 5,140.38 3,439.33 1,826.14
2017-03-31 5,109.46 3,439.33 1,627.27
2016-12-31 4,786.24 3,725.06 1,167.40
2016-09-30 4,786.24 3,725.06 1,167.40
2016-06-30 4,613.86 2,516.36 988.04
2016-03-31 4,613.86 2,515.45 988.04
2015-12-31 4,196.27 3,439.45 630.48
2015-09-30 4,196.27 3,439.45 630.48
2015-06-30 3,991.14 2,719.42 780.56
2015-03-31 3,991.14 2,719.49 780.56
2014-12-31 3,708.97 3,462.37 211.51
2014-09-30 3,708.97 3,462.37 211.51
2014-06-30 3,738.97 3,419.93 611.13
2014-03-31 3,738.98 3,419.93 611.13
2013-12-31 3,222.63 3,467.67 358.29
2013-09-30 3,222.63 3,467.67 358.29
2013-06-30 3,248.66 2,419.39 432.86
2013-03-31 3,248.67 2,419.45 432.86
2012-12-31
2012-09-30
2012-06-30 3,129.35 2,733.04 343.04
2012-03-31 3,129.35 2,733.04 340.27
  • Renaissance Jewellery's level of debt (104.5%) 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 (107.4% vs 104.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 5.4x coverage).
X
Financial health checks
We assess Renaissance Jewellery'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. Renaissance Jewellery 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.

Dividends

 What is Renaissance Jewellery'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 Renaissance Jewellery dividends.
If you bought ₹2,000 of Renaissance Jewellery 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 Renaissance Jewellery's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Renaissance Jewellery'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:RJL 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 109 Stocks 0.7%
India Market Average Dividend Yield Market Cap Weighted Average of 1397 Stocks 1.4%
India Minimum Threshold Dividend Yield 10th Percentile 0.3%
India Bottom 25% Dividend Yield 25th Percentile 0.6%
India Top 25% Dividend Yield 75th Percentile 2.1%

Industry and Market average data is calculated daily.

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

NSEI:RJL Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
NSEI:RJL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-29 0.000 0.000
2018-02-14 0.000 0.000
2017-12-14 0.000 0.000
2017-09-14 0.000 0.000
2017-08-04 0.000 0.000
2017-06-19 0.000 0.000
2017-05-30 0.000 0.000
2016-08-24 2.000 1.413
2016-05-26 2.000 1.547
2016-03-11 2.000 1.538
2015-08-25 1.000 0.985
2015-05-26 1.000 1.451
2014-09-16 1.000 1.411
2013-08-02 1.000 1.710
2013-05-27 1.000 1.881
2012-09-11 1.500 2.458
2011-06-30 2.000 2.428
2011-05-30 2.000 1.815
2010-08-26 2.000 2.555
2009-06-22 1.500 2.583
2009-06-01 1.500 3.992
2009-02-19 1.500 6.147

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

  • Unable to perform a dividend volatility check as Renaissance Jewellery has not reported any payouts.
  • Unable to verify if Renaissance Jewellery's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Renaissance Jewellery's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Renaissance Jewellery 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 Renaissance Jewellery'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 Renaissance Jewellery afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Renaissance Jewellery 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 Renaissance Jewellery'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
Hitesh Shah
COMPENSATION ₹3,622,000
AGE 47
TENURE AS CEO 1.8 years
CEO Bio

Mr. Hitesh Mahendra Shah, B.Com has been Managing Director and Executive Director of Renaissance Jewellery Ltd. since April 1, 2017 and January 1, 2006 respectively. Mr. Shah serves as a Partner of M/s Sumit Diamond. Mr. Shah joined Renaissance Jewellery Ltd. as the Chief Financial Officer and was responsible for product development, merchandising, marketing and financial planning. He earlier served at Sudiam B.V.BA, Japan as president and was responsible for managing operations. He has over 12 years of experience in the gems and jewellery business. He serves as a Director of N. Kumar Diamond Exports Limited, Fancy Jewellery Private Limited, Anika Jewellery Private Limited, Verigold Fine Jewellery Private Limited, Renaissance Retail Venture Private Limited, House Full International Limited and Renaissance Jewelry New York, Inc. Mr. Shah holds a Bachelor in Commerce from Bombay University.

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

Niranjan Shah

TITLE
Executive Chairman
COMPENSATION
₹2M
AGE
71

Hitesh Shah

TITLE
MD & Executive Director
COMPENSATION
₹4M
AGE
47
TENURE
1.8 yrs

Dilip Joshi

TITLE
CFO & VP of Finance
COMPENSATION
₹3M
AGE
47

Ghanashyam Walavalkar

TITLE
General Manager of Legal
COMPENSATION
₹2M

Neville Tata

TITLE
Executive Director
COMPENSATION
₹10M
AGE
45

Yugam Shah

TITLE
General Manager of Marketing

Akshay Sharma

TITLE
President of Bridal Division

Ariez Tata

TITLE
President of Gem Division

Nikesh Shah

TITLE
Vice President of Production
COMPENSATION
₹461K
AGE
44

Hari Mehta

TITLE
General Manager of Purchase & Stores
COMPENSATION
₹540K
AGE
61
Board of Directors Tenure

Average tenure and age of the Renaissance Jewellery board of directors in years:

11.8
Average Tenure
66
Average Age
  • The average tenure for the Renaissance Jewellery board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Hitesh Shah

TITLE
MD & Executive Director
COMPENSATION
₹4M
AGE
47
TENURE
13.1 yrs

Sumit Shah

TITLE
Non-Executive Vice Chairman
AGE
44
TENURE
1.8 yrs

Niranjan Shah

TITLE
Executive Chairman
COMPENSATION
₹2M
AGE
71
TENURE
16.1 yrs

Neville Tata

TITLE
Executive Director
COMPENSATION
₹10M
AGE
45
TENURE
13 yrs

Veerkumar Shah

TITLE
Independent Non-Executive Director
COMPENSATION
₹300K
AGE
73
TENURE
13 yrs

Anil Chopra

TITLE
Independent Non-Executive Director
COMPENSATION
₹255K
AGE
75
TENURE
11.8 yrs

Vishwas Mehendale

TITLE
Independent Non-Executive Director
COMPENSATION
₹270K
AGE
61
TENURE
11.4 yrs

Arun Sathe

TITLE
Independent Non-Executive Director
COMPENSATION
₹270K
AGE
79
TENURE
8.8 yrs

Madhavi Pethe

TITLE
Independent Non-Executive Director
COMPENSATION
₹210K
TENURE
4.5 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 Renaissance Jewellery'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. Renaissance Jewellery 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

Does Renaissance Jewellery Limited's (NSE:RJL) 29% Earnings Growth Make It An Outperformer?

Analyzing Renaissance Jewellery Limited's (NSE:RJL) track record of past performance is a valuable exercise for investors. … Today I will assess RJL's recent performance announced on 31 December 2018 and compare these figures to its long-term trend and industry movements. … Commentary On RJL's Past Performance.

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How Much Of Renaissance Jewellery Limited (NSE:RJL) Do Insiders Own?

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

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A Closer Look At Renaissance Jewellery Limited's (NSE:RJL) Impressive ROE

Our data shows Renaissance Jewellery has a return on equity of 13% for the last year. … Another way to think of that is that for every ₹1 worth of equity in the company, it was able to earn ₹0.13. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Have Insiders Been Selling Renaissance Jewellery Limited (NSE:RJL) Shares?

So we'll take a look at whether insiders have been buying or selling shares in Renaissance Jewellery Limited (NSE:RJL). … Over the last year, we note insiders sold 819.77k shares worth ₹247m. … All up, insiders sold more shares in Renaissance Jewellery than they bought, over the last year

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Is Renaissance Jewellery Limited's (NSE:RJL) P/E Ratio Really That Good?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … We'll look at Renaissance Jewellery Limited's (NSE:RJL) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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What Should Investors Know About Renaissance Jewellery Limited's (NSE:RJL) Capital Returns?

This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … To understand Renaissance Jewellery’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?

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Where Renaissance Jewellery Limited (NSE:RJL) Stands In Terms Of Earnings Growth Against Its Industry

Today I will assess RJL's recent performance announced on 30 June 2018 and compare these figures to its historical trend and industry movements. … Did RJL's recent earnings growth beat the long-term trend and the industry. … RJL's trailing twelve-month earnings (from 30 June 2018) of ₹660m has.

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Is Renaissance Jewellery Limited's (NSE:RJL) ROE Of 11.44% Sustainable?

and want to begin learning the link between company’s fundamentals and stock market performance. … Sustainability can be gauged by a company’s financial leverage – the more debt it has, the higher ROE is pumped up in the short term, at the expense of long term interest payment burden. … See our latest analysis for Renaissance Jewellery

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Is Renaissance Jewellery Limited (NSE:RJL) Attractive At Its Current PE Ratio?

This analysis is intended to introduce important early concepts to people who are starting to invest. … While RJL might seem like an attractive stock to buy, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … View our latest analysis for Renaissance Jewellery

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Renaissance Jewellery Limited (NSE:RJL): Time For A Financial Health Check

While small-cap stocks, such as Renaissance Jewellery Limited (NSE:RJL) with its market cap of ₹5.15b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

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Company Info

Map
Description

Renaissance Jewellery Limited designs, manufactures, and sells diamond studded jewellery in India. The company offers gold, silver, and platinum jewellery studded with polished diamonds, and other precious and semi-precious stones. Its product portfolio includes rings, earrings, pendants, bracelets, necklaces, bangles, money clips, tie pins, cuff links, etc. The company also exports its jewellery products primarily to the United States, the United Kingdom, and the United Arab Emirates. In addition, it engages in the sale of furniture products through Website, housefull.co.in. Renaissance Jewellery Limited was incorporated in 1989 and is based in Mumbai, India.

Details
Name: Renaissance Jewellery Limited
RJL
Exchange: NSEI
Founded: 1989
₹5,588,314,240
18,879,440
Website: http://www.renjewellery.com
Address: Renaissance Jewellery Limited
Plot No. 36A & 37,
SEEPZ-SEZ,
Mumbai,
Maharashtra, 400096,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 532923 Equity Shares Mumbai Stock Exchange IN INR 02. Jan 2008
NSEI RJL Equity Shares National Stock Exchange of India IN INR 02. Jan 2008
Number of employees
Current staff
Staff numbers
4,000
Renaissance Jewellery employees.
Industry
Apparel, Accessories and Luxury Goods
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/18 13:01
End of day share price update: 2019/02/18 00:00
Last estimates confirmation: 2018/05/28
Last earnings filing: 2019/02/12
Last earnings reported: 2018/12/31
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.