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Deep Diamond

  • Market Cap: Micro Cap
  • Industry: Jewellery
  • ISIN: INE005G01026
  • NSEID:
  • BSEID: 539559
INR
4.68
-0.02 (-0.43%)
BSENSE

Apr 11

BSE+NSE Vol: 1.01 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendation52-Week Low: Rs.4.12 hit today
stock-summaryPrice Point
High/Low

1Day

4.124.80

52 Week

4.1211.74
Valuation
Technical
Day's Volume

CASH

1.01 lacs (14.56%) Volume

Shareholding (Dec 2024)

FII

1.04%

Held by 1 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

0.08%

Are Deep Diamond latest results good or bad?

28-Apr-2025

Deep Diamond's latest results are considered bad, with a significant decline in net sales and a 92.45% drop in consolidated net profit for the quarter ending December 2024. Despite a slight improvement in the nine-month period, the overall performance has led to a 'Strong Sell' rating due to ongoing challenges in the competitive jewellery sector.

The latest results for Deep Diamond India are generally considered bad. The company reported a flat financial performance for the quarter ending December 2024, with a significant decline in its financial health score from 3 to 1 over the past three months. <BR><BR>Key highlights from the financial results include a drastic decrease in net sales and consolidated net profit, with net sales showing a -100.00% growth compared to the same quarter in the previous year, and consolidated net profit declining by -92.45%. This indicates a substantial downturn in the company's performance.<BR><BR>However, there is a slight positive aspect in the nine-month period ending December 2024, where the Profit After Tax (PAT) increased to Rs 0.53 crore from Rs 0.22 crore in the previous twelve-month period. Additionally, the company has exceeded its total sales from the previous twelve months within just nine months.<BR><BR>Despite this improvement over the nine-month period, the overall quarterly performance has led to a 'Strong Sell' rating from MarketsMOJO, reflecting negative market sentiment regarding the company's current situation. The company continues to face challenges within the competitive jewellery sector, which further complicates its financial outlook.

Read More

Should I buy, sell or hold Deep Diamond?

28-Apr-2025

It is advisable to strongly sell Deep Diamond due to significant operating losses, weak growth prospects, and concerning debt servicing capabilities. The stock is in a bearish trend and has underperformed the market, making holding or buying additional shares unwise at this time.

Based on the current situation of Deep Diamond, it is advisable to consider a strong sell position. The company is facing significant challenges, including operating losses and weak long-term fundamental strength. With net sales growing at only 13.21% annually and operating profit at a mere 2.11% over the past five years, the growth outlook appears limited.<BR><BR>Additionally, the company's ability to service its debt is concerning, highlighted by a poor EBIT to interest ratio of 0.14. The stock is currently in a bearish trend, having deteriorated from a mildly bearish position earlier this year, resulting in a notable decline of 27.97%. Technical indicators such as MACD, Bollinger Bands, and KST also suggest a bearish outlook.<BR><BR>The stock's performance over the past year has been disappointing, with a return of -20.56%, significantly underperforming the broader market, which saw a gain of 4.34%. Furthermore, the negative EBITDA and a high PEG ratio of 2.7 indicate that the stock is trading at a risky valuation compared to its historical averages.<BR><BR>Given these factors, holding or buying additional shares may not be prudent at this time. It would be wise to consider selling or avoiding investment in Deep Diamond until there are clear signs of improvement in its financial health and market performance.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

With a Operating Losses, the company has a Weak Long Term Fundamental Strength

  • Poor long term growth as Net Sales has grown by an annual rate of 13.21% and Operating profit at 2.11% over the last 5 years
  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.14
2

Flat results in Dec 24

 
3

Stock is technically in a Bearish range

4

Risky - Negative EBITDA

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Jewellery

stock-summary
Market cap

INR 15 Cr (Micro Cap)

stock-summary
P/E

15.00

stock-summary
Industry P/E

70

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

-0.13

stock-summary
Return on Equity

4.19%

stock-summary
Price to Book

0.71

Revenue and Profits (1 Year):
Net Sales:
(Quarterly Results - Dec 2024)
Net Profit:
0 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-20.41%
0%
-20.41%
6 Months
-43.55%
0%
-43.55%
1 Year
-24.27%
0%
-24.27%
2 Years
-55.51%
0%
-55.51%
3 Years
215.36%
0%
215.36%
4 Years
0%
0%
0.0%
5 Years
0%
0%
0.0%

Deep Diamond for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
13.21%
EBIT Growth (5y)
2.11%
EBIT to Interest (avg)
0.14
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.17
Tax Ratio
49.18%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.04%
ROCE (avg)
-4.00%
ROE (avg)
4.19%
Valuation key factors
Factor
Value
P/E Ratio
15
Industry P/E
70
Price to Book Value
0.71
EV to EBIT
-12.32
EV to EBITDA
-12.32
EV to Capital Employed
0.67
EV to Sales
4.91
PEG Ratio
2.68
Dividend Yield
NA
ROCE (Latest)
0.54%
ROE (Latest)
4.19%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Non Institution

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 1 FIIs (1.04%)

Promoter with highest holding

Prakash Rikhabchand Solanki (0.02%)

Highest Public shareholder

Bhavishya Ecommerce Private Limited (3.5%)

Individual Investors Holdings

89.34%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -100.00% vs -41.18% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -80.00% vs -31.03% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.00",
          "val2": "0.30",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.15",
          "val2": "0.13",
          "chgp": "-215.38%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.01",
          "val2": "0.02",
          "chgp": "-50.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "0.04",
          "val2": "0.20",
          "chgp": "-80.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "0.00%",
          "val2": "43.33%",
          "chgp": "-43.33%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -31.93% vs -71.05% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 372.22% vs -126.87% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.81",
          "val2": "1.19",
          "chgp": "-31.93%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.37",
          "val2": "-0.49",
          "chgp": "175.51%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.05",
          "val2": "0.16",
          "chgp": "-68.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "0.49",
          "val2": "-0.18",
          "chgp": "372.22%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "45.68%",
          "val2": "-41.18%",
          "chgp": "86.86%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -60.49% vs -63.46% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 51.43% vs -72.66% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "0.81",
          "val2": "2.05",
          "chgp": "-60.49%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.22",
          "val2": "-0.39",
          "chgp": "156.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.06",
          "val2": "0.21",
          "chgp": "-71.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "0.53",
          "val2": "0.35",
          "chgp": "51.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "27.16%",
          "val2": "-19.02%",
          "chgp": "46.18%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -66.62% vs 451.80% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -66.67% vs 530.00% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "2.56",
          "val2": "7.67",
          "chgp": "-66.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-0.24",
          "val2": "1.60",
          "chgp": "-115.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "0.26",
          "val2": "0.10",
          "chgp": "160.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.42",
          "val2": "1.26",
          "chgp": "-66.67%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-9.38%",
          "val2": "20.86%",
          "chgp": "-30.24%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
0.00
0.30
-100.00%
Operating Profit (PBDIT) excl Other Income
-0.15
0.13
-215.38%
Interest
0.01
0.02
-50.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
0.04
0.20
-80.00%
Operating Profit Margin (Excl OI)
0.00%
43.33%
-43.33%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -100.00% vs -41.18% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -80.00% vs -31.03% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
0.81
1.19
-31.93%
Operating Profit (PBDIT) excl Other Income
0.37
-0.49
175.51%
Interest
0.05
0.16
-68.75%
Exceptional Items
0.00
0.00
Consolidate Net Profit
0.49
-0.18
372.22%
Operating Profit Margin (Excl OI)
45.68%
-41.18%
86.86%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -31.93% vs -71.05% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 372.22% vs -126.87% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
0.81
2.05
-60.49%
Operating Profit (PBDIT) excl Other Income
0.22
-0.39
156.41%
Interest
0.06
0.21
-71.43%
Exceptional Items
0.00
0.00
Consolidate Net Profit
0.53
0.35
51.43%
Operating Profit Margin (Excl OI)
27.16%
-19.02%
46.18%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -60.49% vs -63.46% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 51.43% vs -72.66% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
2.56
7.67
-66.62%
Operating Profit (PBDIT) excl Other Income
-0.24
1.60
-115.00%
Interest
0.26
0.10
160.00%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.42
1.26
-66.67%
Operating Profit Margin (Excl OI)
-9.38%
20.86%
-30.24%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -66.62% vs 451.80% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is -66.67% vs 530.00% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Deep Diamond India Ltd stock-summary
stock-summary
Deep Diamond India Ltd
Micro Cap
Jewellery
Deep Diamond India Limited was incorporated on 02 November, 1994. The Company is engaged in the business of Rough & Polished Diamonds, sale, and trading of diamond studded jewelry & Gold Jewellery. From financial year 2022-23, the Company has also started business of providing consultancy service to Pharmaceutical Industry.
Company Coordinates stock-summary
Company Details
101 1st Floor Hemu Plaza, D J Road Vile Parle (W) Mumbai Maharashtra : 400056
stock-summary
Tel: 91-22-26174321/65043314
stock-summary
http://www.deepdiamondindialimited.com
stock-summary
Registrar Details
Mondkar Computers Pvt Ltd , 21 Shakil Niwas , Opp. Satya Saibaba Temple, Mahakali Caves Road, Andheri (E), Mumbai
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