NSEI:PCJEWELLER

Stock Analysis Report

Executive Summary

PC Jeweller Limited manufactures, retails, and trades in gold jewelry, diamond studded jewelry, and silver items in India.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has PC Jeweller's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

12.7%

PCJEWELLER

-0.2%

IN Specialty Retail

2.4%

IN Market


1 Year Return

-28.8%

PCJEWELLER

-18.5%

IN Specialty Retail

8.0%

IN Market

Return vs Industry: PCJEWELLER underperformed the Indian Specialty Retail industry which returned -18.5% over the past year.

Return vs Market: PCJEWELLER underperformed the Indian Market which returned 8% over the past year.


Shareholder returns

PCJEWELLERIndustryMarket
7 Day12.7%-0.2%2.4%
30 Day-3.9%-7.7%2.5%
90 Day-4.5%-14.2%3.6%
1 Year-28.8%-28.8%-18.2%-18.5%10.3%8.0%
3 Year-85.8%-85.9%-21.3%-22.1%22.3%16.0%
5 Year-70.6%-71.3%34.7%31.5%42.8%29.3%

Price Volatility Vs. Market

How volatile is PC Jeweller's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is PC Jeweller undervalued compared to its fair value and its price relative to the market?

0.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PCJEWELLER's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PCJEWELLER's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PCJEWELLER is unprofitable, so we can't compare its PE Ratio to the Specialty Retail industry average.

PE vs Market: PCJEWELLER is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PCJEWELLER's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PCJEWELLER is good value based on its PB Ratio (0.3x) compared to the IN Specialty Retail industry average (1.3x).


Next Steps

Future Growth

How is PC Jeweller forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PCJEWELLER is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PCJEWELLER is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PCJEWELLER is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if PCJEWELLER's revenue is forecast to grow faster than the Indian market.

High Growth Revenue: Insufficient data to determine if PCJEWELLER's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if PCJEWELLER's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has PC Jeweller performed over the past 5 years?

-33.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: PCJEWELLER is unprofitable, and losses have increased over the past 5 years at a rate of -33.8% per year.

Accelerating Growth: Unable to compare PCJEWELLER's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PCJEWELLER is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (3.9%).


Return on Equity

High ROE: PCJEWELLER has a negative Return on Equity (-2.88%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: PCJEWELLER is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: PCJEWELLER is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is PC Jeweller's financial position?


Financial Position Analysis

Short Term Liabilities: PCJEWELLER's short term assets (₹74.7B) exceeds its short term liabilities (₹36.7B)

Long Term Liabilities: PCJEWELLER's short term assets (74.7B) exceeds its long term liabilities (567.6M)


Debt to Equity History and Analysis

Debt Level: PCJEWELLER's debt to equity ratio (53.6%) is considered high

Reducing Debt: PCJEWELLER's debt to equity ratio has increased from 52.4% to 53.6% over the past 5 years.

Debt Coverage: PCJEWELLER's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PCJEWELLER is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: PCJEWELLER has a high level of physical assets or inventory.

Debt Coverage by Assets: PCJEWELLER's debt is covered by short term assets (assets are 3.552530x debt).


Next Steps

Dividend

What is PC Jeweller's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.4%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate PCJEWELLER's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate PCJEWELLER's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if PCJEWELLER's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if PCJEWELLER's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: PCJEWELLER is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PCJEWELLER's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of PC Jeweller's salary, the management and board of directors tenure and is there insider trading?

8.3yrs

Average management tenure


CEO

Balram Garg (49yo)

14.5yrs

Tenure

₹15,500,000

Compensation

Mr. Balram Garg, B.Com. has been the Managing Director at PC Jeweller Limited since April 16,2005 and serves as its Chief Executive Officer. Mr. Garg has been an Executive Director of PC Jeweller Limited s ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Balram's total compensation is reasonable compared to companies of similar size in the Indian market.

Compensation vs Earnings: Balram's compensation has been consistent with company performance over the past year.


Management Age and Tenure

8.3yrs

Average Tenure

46yo

Average Age

Experienced Management: PCJEWELLER's management team is seasoned and experienced (8.3 years average tenure).


Board Age and Tenure

5.7yrs

Average Tenure

62yo

Average Age

Experienced Board: PCJEWELLER's board of directors are considered experienced (5.7 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Sell₹9,700,25211 Jul 19
Shivani Gupta
EntityIndividual
Shares249,352
Max Price₹38.90
Sell₹148,441,02211 Jul 19
Sachin Gupta
EntityIndividual
Shares3,729,058
Max Price₹39.81
Sell₹122,285,01108 Jul 19
Sachin Gupta
EntityIndividual
Shares2,811,729
Max Price₹44.64
Sell₹259,671,53201 Jul 19
Sachin Gupta
EntityIndividual
Shares5,650,000
Max Price₹46.33
Sell₹174,865,85001 Jul 19
Shivani Gupta
EntityIndividual
Shares3,900,000
Max Price₹44.86
Sell₹70,047,91320 Jun 19
Sachin Gupta
EntityIndividual
Shares1,200,000
Max Price₹58.37
Sell₹117,806,29714 Jun 19
Shivani Gupta
EntityIndividual
Shares2,000,000
Max Price₹60.83
Sell₹240,042,84614 Jun 19
Sachin Gupta
EntityIndividual
Shares4,070,000
Max Price₹59.44
Sell₹14,877,51111 Jun 19
Shivani Gupta
EntityIndividual
Shares240,000
Max Price₹61.99
Sell₹388,573,03511 Jun 19
Sachin Gupta
EntityIndividual
Shares5,730,000
Max Price₹68.01
Sell₹52,226,81410 Jun 19
Sachin Gupta
EntityIndividual
Shares700,000
Max Price₹74.61
Sell₹13,423,87504 Jun 19
Estate Of Padam Chand Gupta
EntityCompany
Shares145,000
Max Price₹92.58
Sell₹627,321,95504 Jun 19
Sachin Gupta
EntityIndividual
Shares7,620,000
Max Price₹83.44
Sell₹162,362,43204 Jun 19
Shivani Gupta
EntityIndividual
Shares2,003,200
Max Price₹81.05
Sell₹116,377,28903 Jun 19
Shivani Gupta
EntityIndividual
Shares1,190,776
Max Price₹98.70
Sell₹109,199,96203 Jun 19
Estate Of Padam Chand Gupta
EntityCompany
Shares1,147,647
Max Price₹96.79
Sell₹173,994,02403 Jun 19
Sachin Gupta
EntityIndividual
Shares1,820,000
Max Price₹95.68

Ownership Breakdown


Management Team

  • Balram Garg (49yo)

    MD & Executive Director

    • Tenure: 14.5yrs
    • Compensation: ₹15.50m
  • Ramesh Sharma (62yo)

    COO & Executive Director

    • Tenure: 5.7yrs
    • Compensation: ₹14.75m
  • Vijay Panwar (44yo)

    Company Secretary & Compliance Officer

    • Tenure: 0yrs
    • Compensation: ₹6.65m
  • Raja Sugla (44yo)

    President of Accounts & Taxation

    • Tenure: 0yrs
  • Sanjeev Bhatia (57yo)

    Chief Financial Officer

    • Tenure: 0yrs
    • Compensation: ₹14.75m
  • Kuldeep Singh (41yo)

    President of Accounts & Audit

    • Tenure: 0yrs
  • Nitin Gupta (40yo)

    President of Manufacturing

    • Tenure: 8.3yrs
  • Nikhilesh Govil (37yo)

    President & President of Online & New Initiatives

    • Tenure: 0yrs
  • Sheiba Anand (48yo)

    President of Retail Operations

    • Tenure: 0yrs
  • Vivek Jain (53yo)

    Chief Technical Officer

    • Tenure: 0yrs

Board Members

  • Krishan Khurana (62yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: ₹410.00k
  • Sannovanda Swathi (62yo)

    Independent Director

    • Tenure: 1.8yrs
    • Compensation: ₹200.00k
  • Suresh Jain (65yo)

    Independent Director

    • Tenure: 4.1yrs
    • Compensation: ₹240.00k
  • Balram Garg (49yo)

    MD & Executive Director

    • Tenure: 14.5yrs
    • Compensation: ₹15.50m
  • Ramesh Sharma (62yo)

    COO & Executive Director

    • Tenure: 5.7yrs
    • Compensation: ₹14.75m
  • Manohar Singla (61yo)

    Independent Director

    • Tenure: 8.1yrs
    • Compensation: ₹370.00k
  • Miyar Nayak

    Independent Director

    • Tenure: 5.7yrs
    • Compensation: ₹240.00k

Company Information

PC Jeweller Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PC Jeweller Limited
  • Ticker: PCJEWELLER
  • Exchange: NSEI
  • Founded: 2005
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: ₹13.983b
  • Shares outstanding: 395.00m
  • Website: https://www.pcjeweller.com

Location

  • PC Jeweller Limited
  • C-54, Preet Vihar
  • Vikas Marg
  • Delhi
  • Delhi
  • 110092
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PCJEWELLERNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2012
534809BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2012

Biography

PC Jeweller Limited manufactures, retails, and trades in gold jewelry, diamond studded jewelry, and silver items in India. The company sells its jewelry through its showrooms and Website, wearyourshine.com ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:52
End of Day Share Price2019/10/23 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.