Trading · Founded 2014 · www.gautamgems.com · BSE 540936 · · ISIN INE063Z01017
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Business
Gautam Gems Ltd. (GGL) is an Indian company operating in the Trading sector. Based on its name and industry, GGL likely specializes in the procurement and sale of various types of gems and related products. Its core business model involves sourcing gems from suppliers, processing or certifying them if required, and then distributing them to a diverse client base, which could include jewelers, designers, retailers, or other traders. The company makes money through the margin it earns between its purchase price and sales price of the traded goods, relying on efficient supply chain management, market knowledge, and strong customer relationships to optimize profitability.
Revenue Mix
Without specific financial data, it's assumed that GGL's primary revenue driver is the trading of gems. This might be further segmented by types of gems (e.g., diamonds, precious stones, semi-precious stones), by product form (e.g., rough, cut & polished), or by geographic markets. However, the core business is singular: the buying and selling of these specific commodities. Detailed segment contributions would require access to the company's financial reports.
Industry
The gem trading industry in India is characterized by a mix of organized and unorganized players, ranging from large exporters to small local traders. It is a highly competitive and fragmented market, with strong global connections for both sourcing and distribution. India is a major hub for gem cutting and polishing, particularly for diamonds. GGL would operate within this competitive landscape, vying for market share based on factors like product quality, pricing, reliability, and network. Its positioning would depend on its specific niche (e.g., types of gems, target customers) and its operational scale relative to its peers.
MOAT
For a pure trading company, durable competitive advantages (moats) are often challenging to establish and maintain. GGL's potential advantages could include:
Strong Sourcing Network: Proprietary or long-standing relationships with reliable gem suppliers globally, enabling access to quality and unique inventory at favorable prices.
Established Customer Relationships: A loyal client base built on trust, quality assurance, and consistent delivery.
Operational Efficiency: Superior logistics, inventory management, and cost control that allow for competitive pricing while maintaining margins.
Specialized Expertise: Deep knowledge of gem quality, grading, market trends, and certification processes.
True scale advantages in pricing or brand recognition (especially in B2B trading) can be difficult for smaller players to achieve.
Growth Drivers
Key factors that could drive GGL's growth over the next 3-5 years include:
Increasing Demand for Gems & Jewelry: Growth in global and domestic discretionary spending, particularly in emerging markets.
Expansion of Product Portfolio: Diversifying into new types of gems, jewelry components, or value-added services.
Geographical Expansion: Tapping into new international markets for sourcing or sales.
Digital Adoption: Leveraging e-commerce platforms or digital marketplaces for broader reach and efficiency.
Supply Chain Optimization: Enhancing efficiency in procurement, processing, and distribution to improve margins and speed.
Risks
GGL faces several inherent risks common to the trading industry:
Commodity Price Volatility: Fluctuations in global gem prices, which can significantly impact inventory value and profit margins.
Inventory Risk: Risk of holding unsold inventory due to shifts in demand, fashion trends, or economic downturns.
Credit Risk: Exposure to non-payment or delayed payments from buyers, especially in a B2B environment.
Intense Competition: Pressure from numerous local and international players, leading to pricing pressures.
Geopolitical & Regulatory Risks: Trade barriers, import/export restrictions, tariffs, and political instability affecting sourcing or distribution channels.
Currency Fluctuations: If involved in international trade, changes in exchange rates can impact costs and revenues.
Ethical Sourcing Concerns: Increasing consumer and regulatory scrutiny on the ethical and responsible sourcing of gems (e.g., conflict diamonds).
Management & Ownership
As an Indian company, Gautam Gems Ltd. is likely promoter-led, with the founding family or individuals holding a significant stake. The quality of management would depend on their experience in the gem trade, strategic vision, risk management capabilities, and corporate governance practices. Information on specific promoters, management team, and detailed ownership structure (promoter holdings, institutional investors, public float) would typically be available in the company's annual reports and regulatory filings.
Outlook
Gautam Gems Ltd. operates in a dynamic and globally connected trading industry. The company's outlook is tied to its ability to navigate the cyclical nature of demand for luxury goods, manage commodity price volatility, and maintain efficient operations within a highly competitive landscape. Potential for growth exists through market expansion and leveraging a strong supply chain and customer network. However, risks such as intense competition, inventory management challenges, and external economic or geopolitical factors necessitate careful strategic planning and robust risk mitigation. Success will depend on its agility to adapt to market trends, maintain strong supplier and customer relationships, and control operational costs effectively.
| #(Fig in Cr.) | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 28 | 26 | 17 | 13 | 78 | 23 | 23 | 13 | 20 | 29 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Total Income | 28 | 26 | 17 | 13 | 79 | 23 | 23 | 13 | 21 | 29 |
| Total Expenditure | 28 | 26 | 16 | 13 | 78 | 23 | 23 | 13 | 20 | 29 |
| Operating Profit | -0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Provision for Tax | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | -0 | 0 | 0 | 0 | 0.1 | 0 | 0 | 0 | 0.1 | 0 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 29 | 44 | 328 | 94 | 180 | 91 | 101 | 78 | 85 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| Total Income | 0 | 0 | 0 | 29 | 44 | 329 | 94 | 180 | 92 | 102 | 79 | 86 |
| Total Expenditure | 0 | 0 | 0 | 28 | 43 | 328 | 93 | 179 | 91 | 101 | 78 | 85 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 1 | 0 | 1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | 0 | 0 | 0 | 0.1 | 0.1 | 0.5 | 0.3 | 0.4 | 0.2 | 0.1 | 0.1 | 0.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -23% | -24% | -25% | 0% |
| Operating Profit CAGR | 0% | 0% | 0% | 0% |
| PAT CAGR | 0% | -100% | -100% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -25% | -37% | -18% | NA% |
| ROE Average | 1% | 1% | 2% | 2% |
| ROCE Average | 1% | 2% | 3% | 3% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 0 | 0 | 0 | 13 | 13 | 14 | 14 | 14 | 25 | 51 | 51 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 6 | 0 | 2 | 2 | 23 | 35 | 24 | 23 | 20 |
| Total Liabilities | 0 | 0 | 6 | 13 | 15 | 15 | 37 | 50 | 49 | 74 | 71 |
| Fixed Assets | 0 | 0 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 0 | 0 | 5 | 12 | 14 | 15 | 35 | 47 | 47 | 72 | 69 |
| Total Assets | 0 | 0 | 6 | 13 | 15 | 15 | 37 | 50 | 49 | 74 | 71 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 0 | 0 | 0 | -12 | 0 | -0 | 1 | 0 | -9 | -26 | 0 |
| Cash Flow from Investing Activities | 0 | 0 | 0 | -0 | -0 | 1 | -2 | -0 | -0 | -0 | -0 |
| Cash Flow from Financing Activities | 0 | 0 | 0 | 13 | 0 | -0 | 0 | 0 | 9 | 26 | -0 |
| Net Cash Inflow / Outflow | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | -0 | -0 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0 | 0 | 0.01 | 0.07 | 0.15 | 0.47 | 0.28 | 0.43 | 0.19 | 0.09 | 0.07 |
| CEPS(Rs) | 0.01 | 0 | 0.01 | 0.11 | 0.19 | 0.55 | 0.35 | 0.55 | 0.24 | 0.11 | 0.08 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 0.17 | 0.17 | 0.18 | 10.39 | 10.54 | 11.01 | 11.29 | 11.62 | 12.77 | 11.87 | 11.93 |
| Core EBITDA Margin(%) | 0.83 | 0.53 | 2.02 | 0.61 | 0.7 | 0.07 | 0.33 | 0.57 | 0.85 | 0.72 | 0.84 |
| EBIT Margin(%) | 0.83 | 0.53 | 2.02 | 0.42 | 0.57 | 0.23 | 0.5 | 0.56 | 0.91 | 0.87 | 0.97 |
| Pre Tax Margin(%) | 0.83 | 0.53 | 1.79 | 0.42 | 0.57 | 0.23 | 0.44 | 0.41 | 0.53 | 0.52 | 0.54 |
| PAT Margin (%) | 0.83 | 0.26 | 1.33 | 0.28 | 0.41 | 0.17 | 0.36 | 0.29 | 0.39 | 0.38 | 0.36 |
| Cash Profit Margin (%) | 0.83 | 0.26 | 1.33 | 0.47 | 0.53 | 0.21 | 0.45 | 0.37 | 0.5 | 0.47 | 0.45 |
| ROA(%) | 2.73 | 0.87 | 0.02 | 0.83 | 1.28 | 3.84 | 1.3 | 1.2 | 0.72 | 0.62 | 0.39 |
| ROE(%) | 2.93 | 0.95 | 5.32 | 1.26 | 1.39 | 4.37 | 2.51 | 3.74 | 1.84 | 1.02 | 0.56 |
| ROCE(%) | 2.93 | 1.9 | 6.43 | 1.9 | 1.94 | 5.55 | 2.78 | 4.85 | 3.16 | 2.06 | 1.35 |
| Receivable days | 0 | 0 | 0 | 102.8 | 70.81 | 5 | 23.42 | 44.35 | 114.3 | 90.54 | 114.1 |
| Inventory Days | 0 | 0 | 0 | 58.48 | 23.28 | 5.77 | 59.99 | 37.37 | 68.73 | 117.2 | 206.21 |
| Payable days | 0 | 0 | 0 | 35.82 | 6.14 | 1.21 | 35.93 | 45.41 | 91.32 | 66.76 | 74.47 |
| PER(x) | 0 | 0 | 0 | 509.64 | 387 | 69.4 | 86.7 | 24.72 | 79.53 | 101.57 | 54.07 |
| Price/Book(x) | 0 | 0 | 0 | 3.21 | 5.35 | 2.97 | 2.15 | 0.91 | 1.16 | 0.76 | 0.3 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | -0.01 | -0.01 | -0.04 | 1.41 | 1.56 | 0.12 | 0.38 | 0.11 | 0.37 | 0.43 | 0.28 |
| EV/Core EBITDA(x) | -1 | -2 | -2.21 | 229.45 | 223.15 | 46.63 | 64.12 | 17.68 | 36.66 | 44.01 | 26.22 |
| Net Sales Growth(%) | 3.71 | 4.13 | 15.16 | 0 | 52.55 | 650.48 | -71.49 | 92.42 | -49.19 | 10.77 | -22.7 |
| EBIT Growth(%) | 50 | -33.33 | 340.75 | 0 | 106.42 | 200.43 | -37.66 | 116.63 | -17.87 | 5.9 | -14.16 |
| PAT Growth(%) | 200 | -66.67 | 478.2 | 0 | 122.37 | 223.43 | -40.58 | 52.81 | -32.01 | 8.04 | -25.69 |
| EPS Growth(%) | 200 | -66.67 | 478.2 | 603.15 | 122.45 | 223.41 | -40.58 | 52.84 | -56.62 | -51.89 | -25.64 |
| Debt/Equity(x) | 0 | 0 | 0.51 | 0.01 | 0.01 | 0.05 | 0.43 | 0.58 | 0.26 | 0.08 | 0.13 |
| Current Ratio(x) | 11.4 | 10.64 | 0.91 | 54 | 8.78 | 8.81 | 1.5 | 1.35 | 1.93 | 3.17 | 3.52 |
| Quick Ratio(x) | 11.4 | 10.64 | 0 | 37.68 | 7.63 | 3.72 | 0.55 | 0.93 | 1.11 | 1.17 | 1.32 |
| Interest Cover(x) | 0 | 0 | 8.53 | 188.24 | 105.48 | 288.02 | 8.5 | 3.57 | 2.39 | 2.45 | 2.26 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.2 | 0.63 | 0.09 | 0.1 | 0.39 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 41.02 | 41.02 | 34.54 | 22.46 | 22.46 | 22.46 | 22.46 | 22.46 | 22.46 | 20.37 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 58.98 | 58.98 | 65.46 | 77.54 | 77.54 | 77.54 | 77.54 | 77.54 | 77.54 | 79.63 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.89 | 1.89 | 1.59 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 2.72 | 2.72 | 3.02 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 4.05 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 5.08 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -23% | -24% | -25% | — |
| Operating Profit CAGR | 0% | 0% | 0% | — |
| PAT CAGR | — | -100% | -100% | — |
| Share Price CAGR | -25% | -37% | -18% | — |
| ROE Average | +1% | +1% | +2% | +2% |
| ROCE Average | +1% | +2% | +3% | +3% |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 41.02 | 41.02 | 34.54 | 22.46 | 22.46 | 22.46 | 22.46 | 22.46 | 22.46 | 20.37 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 58.98 | 58.98 | 65.46 | 77.54 | 77.54 | 77.54 | 77.54 | 77.54 | 77.54 | 79.63 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.89 | 1.89 | 1.59 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 | 1.04 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 2.72 | 2.72 | 3.02 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 3.58 | 4.05 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 4.61 | 5.08 |
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