Goldiam International Ltd

٢١ يناير ٢٠٢٣

Goldiam International Ltd

C&H Pattern in Making: Yrly Basis
C&H / 5 Yr Price Trendline BreakOut: 18% Upside Needed / Sustained.
Weakness in Vol. / BuiltUp & BreakOut Needed

*With Upside, Trail SL*
*Book Profit as per Risk Appetite*

*Snapshot*
Estab. in ’86, Engaged in Mfg. / Exporting Gold / Diamond jewelry to global retailers.
95% Sales: USA. Rest: UK, Russia, Dubai, China, HK, Australia. Sales Breakup - 80%/20%: Retailers/Wholesalers.
Fully backward integrated.
Holds patent for the laboratory-manufacturing process of diamonds. Getting into E-Com. Sales

Declining Sales: Qtrly Basis. Sales / Profitability: Growing on Yrl Basis.
Growing TNW / Nil Debt
CF from Ops +ve till FY21. -ve In FY22.
Sharply Improving RoA/ RoE/RoCE. Moving into higher Double Digits.
H1-FY23: Order Book at Rs.150 Crs. C&CE at Rs.174 Crs.

*Concern:*
Dependence on US Market.

*Do Your Own Research as Well. This is Just an Opinion.*
Happy Investing :)