Ahmedabad-based jobwork and trading business in branded gold jewellery and ornaments, spanning high-end, mid-market and value price points.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 |
| Reserves | 4 | 5 | 5 | 6 | 19 | 33 | 53 | 37 |
| Borrowings | 12 | 14 | 16 | 14 | 14 | 14 | 16 | 32 |
| Other Liabilities | 0 | 2 | 5 | 0 | 0 | 1 | 10 | 1 |
| Total Liabilities | 33 | 37 | 42 | 37 | 51 | 65 | 96 | 88 |
| AssetsFixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 |
| Investments | 0 | 0 | 0 | 1 | 13 | 24 | 41 | 24 |
| Other Assets | 33 | 37 | 42 | 36 | 37 | 40 | 54 | 62 |
| Total Assets | 33 | 37 | 42 | 37 | 51 | 65 | 96 | 88 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 2 | -9 | -1 | 0 | 5 | 2 | 3 | -14 |
| Cash from Investing | 0 | 0 | 0 | 0 | -1 | 0 | -1 | 0 |
| Cash from Financing | -2 | 9 | 1 | 0 | -4 | -1 | -2 | 16 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 2 | -9 | -1 | 0 | 4 | 2 | 3 | -14 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
GOLDKART · CYCLICAL_UNMODELABLE
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