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PCJE

PC JewellerNSEI:PCJEWELLER Stock Report

Last Price

₹25.45

Market Cap

₹11.8b

7D

-5.2%

1Y

-1.4%

Updated

25 Jan, 2022

Data

Company Financials
PCJEWELLER fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends0/6

PCJEWELLER Stock Overview

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

PC Jeweller Competitors

Thangamayil Jewellery

NSEI:THANGAMAYL

₹18.4b

Tribhovandas Bhimji Zaveri

BSE:534369

₹5.4b

Titan

BSE:500114

₹2.1t

Vaibhav Global

BSE:532156

₹84.7b

Price History & Performance

Summary of all time highs, changes and price drops for PC Jeweller
Historical stock prices
Current Share Price₹25.45
52 Week High₹32.95
52 Week Low₹19.90
Beta1.53
1 Month Change3.45%
3 Month Change-12.39%
1 Year Change-1.36%
3 Year Change-65.59%
5 Year Change-86.61%
Change since IPO-65.89%

Recent News & Updates

Dec 12
Here's What's Concerning About PC Jeweller's (NSE:PCJEWELLER) Returns On Capital

Here's What's Concerning About PC Jeweller's (NSE:PCJEWELLER) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Sep 06
There Are Reasons To Feel Uneasy About PC Jeweller's (NSE:PCJEWELLER) Returns On Capital

There Are Reasons To Feel Uneasy About PC Jeweller's (NSE:PCJEWELLER) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Jun 02
PC Jeweller's (NSE:PCJEWELLER) Sluggish Earnings Might Be Just The Beginning Of Its Problems

PC Jeweller's (NSE:PCJEWELLER) Sluggish Earnings Might Be Just The Beginning Of Its Problems

A lackluster earnings announcement from PC Jeweller Limited ( NSE:PCJEWELLER ) last week didn't sink the stock price...

Shareholder Returns

PCJEWELLERIN Specialty RetailIN Market
7D-5.2%-6.1%-7.0%
1Y-1.4%92.2%29.6%

Return vs Industry: PCJEWELLER underperformed the Indian Specialty Retail industry which returned 92.2% over the past year.

Return vs Market: PCJEWELLER underperformed the Indian Market which returned 29.6% over the past year.

Price Volatility

Is PCJEWELLER's price volatile compared to industry and market?
PCJEWELLER volatility
PCJEWELLER Average Weekly Movement7.2%
Specialty Retail Industry Average Movement6.3%
Market Average Movement6.7%
10% most volatile stocks in IN Market10.0%
10% least volatile stocks in IN Market4.0%

Stable Share Price: PCJEWELLER is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PCJEWELLER's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20051,522Balram Garghttps://www.pcjeweller.com

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. As of March 31, 2021, it had 82 showrooms, including 11 franchisee showrooms.

PC Jeweller Fundamentals Summary

How do PC Jeweller's earnings and revenue compare to its market cap?
PCJEWELLER fundamental statistics
Market Cap₹11.84b
Earnings (TTM)₹447.80m
Revenue (TTM)₹31.42b

26.5x

P/E Ratio

0.4x

P/S Ratio

Is PCJEWELLER overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
PCJEWELLER income statement (TTM)
Revenue₹31.42b
Cost of Revenue₹25.96b
Gross Profit₹5.46b
Expenses₹5.01b
Earnings₹447.80m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.96
Gross Margin17.37%
Net Profit Margin1.43%
Debt/Equity Ratio75.0%

How did PCJEWELLER perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PCJEWELLER (₹25.45) is trading below our estimate of fair value (₹324.53)

Significantly Below Fair Value: PCJEWELLER is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: PCJEWELLER is poor value based on its PE Ratio (26.5x) compared to the Indian Specialty Retail industry average (26.3x).

PE vs Market: PCJEWELLER is poor value based on its PE Ratio (26.5x) compared to the Indian market (22x).


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 (2.1x).


Future Growth

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

18.6%

Forecasted Retail 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 PC Jeweller 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.


Past Performance

How has PC Jeweller performed over the past 5 years?

-63.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PCJEWELLER has a large one-off gain of ₹18.6M impacting its September 30 2021 financial results.

Growing Profit Margin: PCJEWELLER became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: PCJEWELLER's earnings have declined by 63% per year over the past 5 years.

Accelerating Growth: PCJEWELLER has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: PCJEWELLER has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (94%).


Return on Equity

High ROE: PCJEWELLER's Return on Equity (1.1%) is considered low.


Financial Health

How is PC Jeweller's financial position?


Financial Position Analysis

Short Term Liabilities: PCJEWELLER's short term assets (₹75.6B) exceed its short term liabilities (₹35.8B).

Long Term Liabilities: PCJEWELLER's short term assets (₹75.6B) exceed its long term liabilities (₹912.4M).


Debt to Equity History and Analysis

Debt Level: PCJEWELLER's net debt to equity ratio (71.3%) is considered high.

Reducing Debt: PCJEWELLER's debt to equity ratio has increased from 30.7% to 75% over the past 5 years.

Debt Coverage: PCJEWELLER's debt is not well covered by operating cash flow (10.8%).

Interest Coverage: PCJEWELLER's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate PCJEWELLER'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 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

How experienced are the management team and are they aligned to shareholders interests?

7.9yrs

Average board tenure


CEO

Balram Garg (51 yo)

16.75yrs

Tenure

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.


Board Members

Experienced Board: PCJEWELLER's board of directors are considered experienced (7.9 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.8%.


Top Shareholders

Company Information

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


Key Information

  • Name: PC Jeweller Limited
  • Ticker: PCJEWELLER
  • Exchange: NSEI
  • Founded: 2005
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: ₹11.845b
  • Shares outstanding: 465.40m
  • Website: https://www.pcjeweller.com

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/25 16:12
End of Day Share Price2022/01/25 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


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.