Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13.51 | 42.77 | 35.28 | 23.30 | 41.61 | 31.52 | 14.67 | 25.53 | 44.69 | 52.74 | 33.10 | 22.50 |
| Expenses | 12.99 | 42.71 | 35.08 | 23.49 | 40.88 | 31.26 | 14.35 | 25.27 | 44.10 | 52.15 | 31.91 | 21.80 |
| Operating Profit | 0.52 | 0.06 | 0.20 | -0.19 | 0.73 | 0.26 | 0.32 | 0.26 | 0.59 | 0.59 | 1.19 | 0.70 |
| OPM % | 3.85% | 0.14% | 0.57% | -0.82% | 1.75% | 0.82% | 2.18% | 1.02% | 1.32% | 1.12% | 3.60% | 3.11% |
| Other Income | 0.00 | 1.67 | 0.96 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.03 | 0.01 | 0.00 | 0.00 |
| Interest | 0.13 | 0.50 | 0.83 | 0.15 | 0.28 | 0.08 | 0.35 | 0.08 | 0.07 | 0.29 | 0.18 | 0.08 |
| Depreciation | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.04 | 0.00 |
| Profit before tax | 0.38 | 1.21 | 0.31 | -0.35 | 0.43 | 0.17 | 0.10 | 0.18 | 0.55 | 0.31 | 0.97 | 0.62 |
| Tax % | 23.68% | 21.49% | -32.26% | 0.00% | 23.26% | 17.65% | 20.00% | 16.67% | 21.82% | 32.26% | 19.59% | 14.52% |
| Net Profit | 0.29 | 0.95 | 0.40 | -0.35 | 0.33 | 0.14 | 0.10 | 0.15 | 0.43 | 0.21 | 0.78 | 0.53 |
| EPS in Rs | 0.29 | 0.95 | 0.40 | -0.35 | 0.33 | 0.14 | 0.10 | 0.11 | 0.32 | 0.16 | 0.59 | 0.40 |
| Mar 2018 9m | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13 | 26 | 29 | 33 | 51 | 51 | 62 | 88 | 156 | 153 |
| Expenses | 13 | 26 | 29 | 33 | 50 | 50 | 61 | 86 | 153 | 150 |
| Operating Profit | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 3 | 3 |
| OPM % | 1.6% | 0.1% | 1.6% | 2.1% | 1.3% | 1.4% | 2.3% | 1.5% | 1.7% | 2.0% |
| Other Income | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 2 | 2 |
| Tax % | 25% | 33% | 26% | 13% | 11% | 25% | 12% | 21% | 22% | |
| Net Profit | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 2 | 2 |
| EPS in Rs | 0.29 | 0.02 | 0.14 | 0.60 | 1.67 | 1.07 | 1.19 | 0.57 | 1.19 | 1.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 36% | 45% | 35% | ||
| Compounded Profit Growth | % | 50% | 114% | 171% | ||
| Stock Price CAGR | % | -40% | -11% | -13% | ||
| Return on Equity | % | 3% | 3% | 6% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 7 | 7 | 10 | 10 | 10 | 10 | 10 | 13 |
| Reserves | 1 | 6 | 6 | 3 | 5 | 6 | 12 | 13 | 17 |
| Borrowings | 0 | 2 | 4 | 5 | 9 | 13 | 17 | 16 | 16 |
| Other Liabilities | 1 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 2 |
| Total Liabilities | 6 | 14 | 17 | 18 | 24 | 30 | 40 | 40 | 47 |
| Fixed Assets | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 3 | 3 | 3 | 2 | 6 | 6 | 5 |
| Other Assets | 6 | 14 | 13 | 15 | 22 | 28 | 34 | 34 | 42 |
| Total Assets | 6 | 14 | 17 | 18 | 24 | 30 | 40 | 40 | 47 |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -5 | -7 | 4 | -1 | -2 | -1 | -1 | 1 | -5 |
| Cash from Investing Activity | -0 | 1 | -4 | 1 | 0 | 1 | -4 | 0 | 1 |
| Cash from Financing Activity | 5 | 7 | -0 | 0 | 1 | 1 | 5 | -1 | 5 |
| Net Cash Flow | 0 | 2 | -1 | 0 | -0 | -0 | 0 | 0 | 1 |
| Free Cash Flow | -5 | -6 | 3 | -0 | -2 | -1 | -1 | 1 | -5 |
| CFO/OP | -2,276% | -22,000% | 744% | -159% | -230% | -165% | -39% | 68% | -177% |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 123 | 28 | 25 | 6 | 1 | 4 | 1 | 1 | 0 |
| Inventory Days | 36 | 148 | 136 | 164 | 157 | 200 | 200 | 138 | 92 |
| Days Payable | 7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Conversion Cycle | 151 | 176 | 161 | 169 | 158 | 204 | 200 | 139 | 92 |
| Working Capital Days | 137 | 159 | 106 | 113 | 90 | 103 | 95 | 69 | 56 |
| ROCE % | 1% | 3% | 4% | 3% | 2% | 4% | 3% | 6% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 44.72% | 44.72% | 44.72% | 44.72% | 44.72% | 44.72% | 44.72% | 33.91% | 33.91% | 33.91% | 33.91% | 33.91% |
| Public | 55.28% | 55.28% | 55.27% | 55.27% | 55.28% | 55.28% | 55.27% | 66.09% | 66.09% | 66.08% | 66.09% | 66.08% |
| No. of Shareholders | 13,688 | 13,684 | 13,116 | 13,228 | 15,611 | 17,007 | 16,908 | 16,457 | 16,153 | 16,025 | 16,245 | 16,104 |
Fundamentals
Market Cap₹ 17.0 Cr.
Current Price₹ 12.8
Stock P/E8.69
Book Value₹ 22.8
ROCE6.17 %
ROE5.94 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)35%
Compounded Profit Growth (TTM)171%
Standalone figures.
Valuation
Market capRs 13 Cr
Enterprise valueRs 29 Cr
P/E (TTM)6.60x
Price to book0.57x
Price to sales0.08x
EV / EBITDA9.29x
EV / EBIT9.38x
EV / sales0.19x
Price to cash flow17.39x
Earnings yield15.15%
P/E, 3-year average17.88x
P/B, 3-year average0.76x
P/E, 5-year average36.79x
P/B, 5-year average2.61x
Profitability
Operating margin (excl. other income)1.50%
Operating margin (incl. other income)1.66%
EBITDA margin2.03%
Pre-tax margin1.60%
Net profit margin1.27%
Net margin, latest quarter2.36%
ROE2.54%
ROCE3.66%
ROA1.42%
ROE, 3-year average5.20%
ROCE, 3-year average5.86%
ROA, 3-year average2.92%
ROE, 5-year average6.38%
ROCE, 5-year average6.89%
ROA, 5-year average4.00%
ROIC (approx.)6.27%
Tax rate21.13%
Other income / net worth0.62%
Growth
Sales growth (latest year)41.03%
Profit growth (latest year)-52.10%
Sales CAGR, 3 years19.78%
Sales CAGR, 5 years24.66%
Profit CAGR, 3 years-30.25%
Profit CAGR, 5 years32.42%
Sales growth QoQ-32.02%
Profit growth QoQ-32.05%
Sales growth YoY (latest quarter)-11.87%
Profit growth YoY (latest quarter)253.33%
Per share
EPS (TTM)Rs 1.94
EPS (latest year)Rs 0.57
EPS (latest quarter)Rs 0.53
EPS, 3-year averageRs 0.94
EPS, 5-year averageRs 1.02
Book value per shareRs 22.61
Sales per shareRs 152.46
Cash flow per shareRs 0.74
Free cash flow per shareRs -4.98
Efficiency
Asset turnover2.19x
Fixed asset turnover1097.38x
Inventory turnover2.64x
Inventory days138 days
Debtor days1 days
Debtors turnover283.19x
Creditor days0 days
Cash conversion cycle92 days
Working capital days56 days
Leverage
Total debtRs 16 Cr
Cash and bankRs 0 Cr
Net debtRs 16 Cr
Debt to equity0.72x
Net debt / EBITDA5.14x
Interest coverage4.95x
Owners' fund to total sources56.48%
Debt to assets40.65%
Cash flow
Cash from Operating Activity (latest year)Rs 1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -5 Cr
FCFE (approx.: FCF + change in debt)Rs -6 Cr
Cash from ops / profit, 5 years-1.14x
Sales to cash flow118.64x
Statement figures
Net sales (TTM)Rs 153 Cr
Net sales (latest year)Rs 88 Cr
Sales (latest quarter)Rs 22 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 3 Cr
PBDT (TTM)Rs 2 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 2 Cr
Net profit (latest year)Rs 1 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 85 Cr
Total expenditure (latest year)Rs 86 Cr
Total income (latest year)Rs 88 Cr
Share capitalRs 10 Cr
ReservesRs 13 Cr
Shareholders' fundsRs 23 Cr
Total assetsRs 40 Cr
Net blockRs 0 Cr
InvestmentsRs 6 Cr
ReceivablesRs 0 Cr
InventoryRs 32 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)1.00
Ownership
Promoter holding33.91% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 6.6 is at the 2th percentile of its own 5.3-year range
(median 20.8, low 5.7, high 137.6).
P/B 0.57 is at the 8th percentile (median 1.36).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 542034 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -11.5% | -2.8% | -8.7 pts |
| 1 month | +11.2% | -6.8% | +18.0 pts |
| 3 months | +5.4% | -7.6% | +13.0 pts |
| 3 years | -29.6% | +14.2% | -43.8 pts |
| 5 years | -92.3% | +27.9% | -120.2 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was -52% of net profit over the last 3 years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹22 Cr -11.9% vs Jun 2025.
Net profit ₹1 Cr +253.3%.
Activity
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|---|---|---|---|
| Titan Company Ltd | 415,040 | 71.1 | 20.5 % |
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| PC Jeweller Ltd | 12,976 | 16.7 | 9.60 % |
| Sky Gold & Diamonds Ltd | 12,713 | 38.0 | 27.0 % |
| Bluestone Jewellery & Lifestyle Ltd | 12,315 | 219 | 6.78 % |
| P N Gadgil Jewellers Ltd | 8,612 | 19.2 | 21.0 % |
| Timex Group India Ltd | 7,360 | 82.5 | 82.8 % |
| Ethos Ltd | 6,662 | 63.1 | 10.4 % |
| Senco Gold Ltd | 5,363 | 9.40 | 21.2 % |
| Goldiam International Ltd | 4,861 | 23.0 | 25.8 % |
| KDDL Ltd | 4,836 | 49.3 | 11.7 % |
| Tribhovandas Bhimji Zaveri Ltd | 4,184 | 19.6 | 21.9 % |
| D.P. Abhushan Ltd | 3,796 | 15.8 | 39.6 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of S.M. Gold Ltd?
S.M. Gold Ltd (542034) has a market capitalisation of Rs 17.0 Cr. at the 2026-10-01 close.
What is the P/E ratio of S.M. Gold Ltd?
S.M. Gold Ltd trades at a P/E of 8.69 on trailing twelve-month profit, at the 2026-10-01 close.
What were S.M. Gold Ltd's latest quarterly results?
In the Jun 2026 quarter, S.M. Gold Ltd sales was Rs 22 Cr (-11.9% vs Jun 2025) and net profit was Rs 1 Cr.