Goldiam International reports 258% EBITDA growth in 2016 and 177% Revenue growth
27-05-2016 • About Goldiam International (
$GOLDIAM) • By InTwits
Goldiam International reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
Goldiam International's Revenue surged on 177%. Revenue growth happened at the same time with EBITDA margin expansion. EBITDA Margin increased on 2.1 pp from 7.3% to 9.4% in FY2016.
Net Income margin showed almost no change in FY2016.
Financial and operational results
Goldiam International ($GOLDIAM) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 2,453 | 2,657 | 3,138 | 1,189 | 3,300 | 177.5% |
| EBITDA | 187 | 218 | | 87 | 310 | 258.4% |
| Net Income | 152 | 187 | 171 | 112 | 325 | 191.3% |
Balance Sheet
|
|---|
| Cash | 96 | 189 | | | | |
| Short Term Debt | 694 | 996 | | | | |
| Long Term Debt | 0 | 0 | | | | |
Cash flow
|
|---|
| Capex | 12 | | | | | |
Ratios
|
|---|
| Revenue growth | 2.6% | 8.3% | 18.1% | -62.1% | 177.5% | |
| EBITDA growth | -12.0% | 16.3% | | | 258.4% | |
|
|---|
| EBITDA Margin | 7.6% | 8.2% | | 7.3% | 9.4% | 2.1% |
| Net Income Margin | 6.2% | 7.0% | 5.4% | 9.4% | 9.8% | 0.5% |
| CAPEX, % of revenue | 0.5% | | | | | |
|
|---|
| ROIC | 6.0% | 6.2% | | | | |
| ROE | 7.5% | 8.6% | | | | |
| Net Debt/EBITDA | 3.2x | 3.7x | | 0.0x | 0.0x |
Peers in Other Apparels & Accessories
Below we provide Goldiam International benchmarking against other companies in Other Apparels & Accessories industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Bhartiya International ($BIL) | - | 20.9% | 36.7% | 34.7% | 12.1% |
| Page Industries ($PAGEIND) | - | 26.3% | 37.5% | 30.0% | 15.5% |
| Mini Diamonds (India) ($MINID) | - | 59.6% | 117.1% | 26.9% | 3.1% |
| Cantabil Retail India ($CANTABIL) | - | -30.4% | -3.3% | 25.0% | 12.0% |
| Thangamayil Jewellery ($THANGAMAYL) | - | 34.6% | -21.8% | 19.3% | -10.5% |
| |
|---|
| Median (23 companies) | 4.3% | 19.5% | 14.1% | 2.4% | 3.5% |
|---|
| Goldiam International ($GOLDIAM) | - | 8.3% | 18.1% | -62.1% | 177.5% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Ceenik Exports (India) ($CEENIK) | - | - | - | 27.2% | - |
| Arrow Textiles ($ARROWTEX) | - | - | - | 25.2% | - |
| Page Industries ($PAGEIND) | 21.1% | 20.5% | 21.5% | 20.7% | 21.2% |
| Banaras Beads ($BANARBEADS) | - | - | - | 17.9% | - |
| Rupa & Company ($RUPA) | 12.7% | 15.0% | 15.3% | 14.5% | - |
| |
|---|
| Median (31 companies) | 7.5% | 5.5% | 5.5% | 4.8% | 3.6% |
|---|
| Goldiam International ($GOLDIAM) | 7.6% | 8.2% | - | 7.3% | 9.4% |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Zodiac Clothing Co ($ZODIACLOTH) | 5.7% | 3.9% | 4.0% | 5.0% | 7.0% |
| Page Industries ($PAGEIND) | 4.0% | 5.2% | 4.4% | 3.6% | 1.5% |
| Pearl Global Industries ($PGIL) | 0.9% | 0.7% | 1.3% | 3.1% | 1.7% |
| Rupa & Company ($RUPA) | 1.9% | 3.9% | 1.7% | 2.2% | - |
| Bhartiya International ($BIL) | 4.5% | 3.9% | 1.8% | 2.1% | 0.5% |
| |
|---|
| Median (11 companies) | 1.8% | 1.3% | 1.1% | 0.7% | 0.9% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Page Industries ($PAGEIND) | 54.9% | 58.5% | 61.6% | 59.2% | 60.1% |
| Ashapura Intimates Fashion ($AIFL) | 24.1% | 19.1% | 23.4% | 39.9% | - |
| Rupa & Company ($RUPA) | 22.4% | 27.1% | 25.8% | 23.8% | - |
| Tara Jewels ($TARAJEWELS) | 17.5% | 18.6% | 15.1% | 13.5% | 9.9% |
| Bhartiya International ($BIL) | 13.0% | 10.6% | 11.2% | 12.8% | 11.4% |
| |
|---|
| Median (40 companies) | 10.1% | 7.2% | 10.9% | 7.7% | 9.2% |
|---|
| Goldiam International ($GOLDIAM) | 6.0% | 6.2% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Thangamayil Jewellery ($THANGAMAYL) | 2.2x | 2.6x | 11.9x | 61.2x | 2.9x |
| Shrenuj & Co ($SHRENUJ) | 9.3x | 11.2x | 11.7x | 13.5x | - |
| Gokaldas Exports ($GOKEX) | - | - | 3.6x | 10.4x | - |
| Tribhovandas Bhimji Zaveri ($TBZ) | 1.6x | 2.7x | 4.1x | 6.6x | 16.2x |
| Asian Star Co ($ASTAR) | 7.1x | 7.1x | 5.9x | 4.8x | 5.2x |
| |
|---|
| Median (24 companies) | 2.2x | 2.7x | 0.0x | 0.4x | 1.2x |
|---|
| Goldiam International ($GOLDIAM) | 3.2x | 3.7x | - | 0.0x | 0.0x |
