Tara Jewels Ltd (TARAJEWELS) share price, results

Price

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Financials

Standalone, Rs crore

	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019
Sales	261	265	355	308	227	70	71	67	28	34	44	15
Expenses	243	241	329	299	218	90	72	84	84	293	101	195
Operating Profit	17	24	27	9	9	-20	-1	-17	-56	-259	-57	-180
OPM %	7%	9%	7%	3.0%	4.0%	-28%	-1.7%	-25%	-202%	-760%	-130%	-1,236%
Other Income	2	2	2	1	2	-122	-178	-293	1	1	1	0
Interest	19	20	20	17	16	17	17	27	25	26	25	34
Depreciation	7	5	5	5	4	4	4	3	3	3	2	2
Profit before tax	-6	1	3	-11	-9	-164	-200	-340	-84	-287	-84	-215
Tax %	-24%	34%	55%	-22%	-30%	2%	0%	2%	0%	0%	0%	0%
Net Profit	-5	1	1	-9	-7	-167	-201	-348	-84	-287	-84	-215
EPS in Rs	-1.98	0.26	0.54	-3.63	-2.69	-67.74	-81.70	-141.40	-33.99	-116.72	-34.04	-87.46

	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	TTM
Sales	606	702	776	1,093	1,277	1,382	1,415	1,409	1,356	1,189	435	120
Expenses	564	650	713	1,001	1,155	1,246	1,280	1,276	1,255	1,108	462	672
Operating Profit	42	52	64	92	122	137	135	133	102	81	-27	-552
OPM %	7%	7%	8%	8%	10%	10%	10%	9%	8%	7%	-6%	-459%
Other Income	0	1	2	1	2	5	5	5	6	6	-591	3
Interest	17	36	25	30	43	43	57	64	71	79	80	110
Depreciation	3	6	11	12	13	13	21	27	21	22	16	11
Profit before tax	22	11	30	51	67	85	62	47	16	-14	-714	-670
Tax %	4%	38%	18%	22%	25%	22%	37%	37%	42%	-15%	1%
Net Profit	21	7	24	40	51	66	39	29	9	-12	-723	-670
EPS in Rs						26.95	16.02	11.86	3.76	-4.80	-293.54	-272.21
Dividend Payout %	0%	0%	0%	0%	0%	0%	6%	0%	0%	0%	0%

	10 Years	5 Years	3 Years	TTM	1 Year	Last Year
Compounded Sales Growth	-3%	-21%	-32%	-72%
Compounded Profit Growth	%	%	%	-398%
Stock Price CAGR	-36%	%	%		%
Return on Equity	4%	-3%	-10%			-74%

	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019
Equity Capital	9	12	12	18	18	25	25	25	25	25	25	25
Reserves	77	141	166	202	254	456	492	522	529	517	-206	-877
Borrowings	158	307	255	404	259	259	288	307	576	560	702	756
Other Liabilities	166	240	177	319	366	302	334	258	352	381	267	269
Total Liabilities	410	701	610	944	897	1,041	1,138	1,111	1,481	1,482	786	174
Fixed Assets	27	54	61	67	76	75	112	111	116	107	81	65
CWIP	0	0	0	2	0	1	0	0	3	0	0	0
Investments	2	1	1	5	4	17	18	18	20	17	17	8
Other Assets	380	646	549	870	817	948	1,008	983	1,341	1,358	688	101
Total Assets	410	701	610	944	897	1,041	1,138	1,111	1,481	1,482	786	174

	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018
Cash from Operating Activity	27	88	5	-4	-48	42	48	67	79	-93
Cash from Investing Activity	-7	-16	-22	-18	-30	5	-22	-29	-3	4
Cash from Financing Activity	-15	-71	19	18	108	-18	-31	-42	-77	90
Net Cash Flow	5	1	1	-4	30	29	-5	-4	-1	1
Free Cash Flow	17	71	-15	-24	-69	-10	22	34	67	-93
CFO/OP	55%	146%	12%	1%	-18%	44%	50%	69%	101%	343%

	Mar 2008	Mar 2009	Mar 2010	Mar 2011	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018
Debtor Days	124	174	104	147	76	63	80	98	192	244	247
Inventory Days	115	175	164	157	178	182	195	156	167	164	337
Days Payable	115	147	95	122	117	86	94	68	95	113	131
Cash Conversion Cycle	124	202	173	181	136	158	181	186	264	295	453
Working Capital Days	123	197	161	176	124	140	156	167	245	276	323
ROCE %		14%	12%	15%	19%	20%	16%	13%	9%	6%	-4%

	Jun 2016	Sep 2016	Dec 2016	Mar 2017	Jun 2017	Sep 2017	Dec 2017	Mar 2018	Jun 2018	Sep 2018	Dec 2018	Mar 2019
Promoters	60.11%	60.11%	60.11%	60.03%	60.03%	60.03%	39.22%	39.22%	9.31%	9.31%	9.31%	9.31%
FIIs	0.10%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.00%	0.07%	0.19%	0.13%	0.18%	0.12%	0.11%	0.15%	28.91%	28.91%	25.99%	15.89%
Public	39.79%	39.81%	39.70%	39.84%	39.80%	39.86%	60.68%	60.63%	61.78%	61.78%	64.70%	74.79%
No. of Shareholders	8,028	8,941	9,281	9,265	9,247	9,114	11,987	12,564	12,325	11,999	12,093	12,363

Fundamentals

Market Cap₹ 1.23 Cr.

Current Price₹ 0.50

Book Value₹ -346

ROCE-4.45 %

ROE-73.5 %

Dividend Yield0.00 %

Face Value₹ 10.0

Compounded Sales Growth (TTM)-72%

Compounded Profit Growth (TTM)-398%

Standalone figures.

Valuation

Market capRs 1 Cr

Enterprise valueRs 665 Cr

Price to book-0.01x

Price to sales0.01x

EV / sales5.53x

Earnings yield-54441.30%

P/E, 3-year average10.54x

P/B, 3-year average0.06x

P/E, 5-year average7.26x

P/B, 5-year average0.19x

Profitability

Operating margin (excl. other income)-6.21%

Operating margin (incl. other income)-141.99%

EBITDA margin-456.74%

Pre-tax margin-557.43%

Net profit margin-557.43%

Net margin, latest quarter-1478.11%

ROE-401.69%

ROCE-78.22%

ROA-63.72%

ROE, 3-year average-134.06%

ROCE, 3-year average-21.22%

ROA, 3-year average-21.27%

ROE, 5-year average-77.75%

ROCE, 5-year average-6.97%

ROA, 5-year average-11.52%

ROIC (approx.)-117.67%

Tax rate-1.28%

Other income / net worth325.16%

Growth

Sales growth (latest year)-63.39%

Sales CAGR, 3 years-32.39%

Sales CAGR, 5 years-20.63%

Sales growth QoQ-66.84%

Sales growth YoY (latest quarter)-78.36%

Per share

EPS (TTM)Rs -272.21

EPS (latest year)Rs -293.54

EPS (latest quarter)Rs -87.46

EPS, 3-year averageRs -98.19

EPS, 5-year averageRs -53.34

Book value per shareRs -73.84

Sales per shareRs 48.83

Cash flow per shareRs -37.78

Free cash flow per shareRs -37.77

Dividend per share, 5-year averageRs 1.00

Dividends

Dividend payout, 5-year average6.24%

Efficiency

Asset turnover0.55x

Fixed asset turnover5.37x

Inventory turnover1.13x

Inventory days322 days

Debtor days247 days

Debtors turnover1.48x

Creditor days131 days

Cash conversion cycle453 days

Working capital days323 days

Leverage

Total debtRs 702 Cr

Cash and bankRs 38 Cr

Net debtRs 664 Cr

Debt to equity-3.86x

Interest coverage-5.08x

Owners' fund to total sources-23.12%

Debt to assets89.22%

Cash flow

Cash from Operating Activity (latest year)Rs -93 Cr

Cash from Investing Activity (latest year)Rs 4 Cr

Cash from Financing Activity (latest year)Rs 90 Cr

Net Cash Flow (latest year)Rs 1 Cr

Free cash flow (latest year)Rs -93 Cr

FCFE (approx.: FCF + change in debt)Rs 49 Cr

Statement figures

Net sales (TTM)Rs 120 Cr

Net sales (latest year)Rs 435 Cr

Sales (latest quarter)Rs 15 Cr

Operating profit excl. other income (latest year)Rs -27 Cr

Operating profit (latest quarter)Rs -180 Cr

Other income (TTM)Rs 3 Cr

EBITDA (TTM)Rs -549 Cr

PBDT (TTM)Rs -659 Cr

Profit before tax (TTM)Rs -670 Cr

Tax (latest year)Rs 9 Cr

Net profit (TTM)Rs -670 Cr

Net profit (latest year)Rs -723 Cr

Net profit (latest quarter)Rs -215 Cr

Depreciation (TTM)Rs 11 Cr

Depreciation (latest quarter)Rs 2 Cr

Interest (TTM)Rs 110 Cr

Cost of goods sold (latest year)Rs 391 Cr

Total expenditure (latest year)Rs 462 Cr

Total income (latest year)Rs -156 Cr

Share capitalRs 25 Cr

ReservesRs -206 Cr

Shareholders' fundsRs -182 Cr

Total assetsRs 786 Cr

Net blockRs 81 Cr

InvestmentsRs 17 Cr

ReceivablesRs 295 Cr

InventoryRs 346 Cr

Other liabilitiesRs 267 Cr

Shares outstanding (crore)2.46

Ownership

Promoter holding9.31% (-29.91 in a year)

Computed by MarketFriction from the standalone statements. Returns use average balances.

Not enough history to build valuation bands (needs two years of profits and prices).

Period	TARAJEWELS	Nifty 50	Difference
1 week	-33.3%	-2.8%	-30.6 pts
1 month	-28.6%	-6.8%	-21.8 pts
3 months	-44.4%	-7.6%	-36.8 pts
6 months	-9.1%	+0.4%	-9.5 pts
1 year	-91.8%	-9.9%	-81.9 pts
2 years	-98.2%	-13.6%	-84.6 pts
3 years	-98.8%	+14.2%	-113.0 pts
5 years	-99.4%	+27.9%	-127.3 pts

Red flags

F-score 2 of 8

serious	Negative equity Shareholders' equity is negative
look	Inventory outrunning sales Inventory grew -26% vs sales -63% in 2018
look	Repeated losses Net loss in each of the last two 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

Mar 2019

Sales ₹15 Cr -77.6% vs Mar 2018. Net loss ₹215 Cr.

Activity

Compare

No listed peers in this industry.

No bulk or block deals on record.

Ex-date	Action	Factor
2018-09-19	Annual General Meeting
2017-09-20	Annual General Meeting
2016-09-09	Annual General Meeting
2015-09-21	Annual General Meeting
2014-09-08	Annual General Meeting
2013-11-19	Interim Dividend - Re 1/- Per Share
2013-08-29	Annual General Meeting

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 Tara Jewels Ltd?

Tara Jewels Ltd (TARAJEWELS) has a market capitalisation of Rs 1.23 Cr. at the 2019-09-03 close.

What were Tara Jewels Ltd's latest quarterly results?

In the Mar 2019 quarter, Tara Jewels Ltd sales was Rs 15 Cr (-77.6% vs Mar 2018) with a net loss of Rs 215 Cr.