RBZ Jewellers Reports Flat Q2 FY24-25 Performance Amid Debt Challenges and Market Adjustments

Feb 10 2025 07:06 PM IST
share
Share Via
RBZ Jewellers has recently adjusted its evaluation, reflecting its current market position amid flat financial performance for Q2 FY24-25. Despite a long-term growth trend in operating profit, the company faces challenges with a high Debt to EBITDA ratio and negative operating cash flow, indicating potential financial strain.
RBZ Jewellers, a microcap player in the diamond and gold jewellery industry, has recently undergone an evaluation adjustment reflecting its current market position. The company reported flat financial performance for the second quarter of FY24-25, with operating profit demonstrating a long-term growth trend at an annual rate of 20.94%. This indicates a stable operational foundation, despite the recent performance metrics.

The stock is currently positioned within a mildly bullish technical range, having transitioned from a sideways trend earlier in February 2025. However, it has generated a slight return of -1.21% since that shift. A notable technical indicator, the Bollinger Band, has also shown a mildly bullish stance since early February, suggesting some positive momentum in trading patterns.

On the financial health front, RBZ Jewellers faces challenges with a high Debt to EBITDA ratio of 1.88 times, indicating a lower capacity to service its debt obligations. Additionally, the company has recorded its lowest operating cash flow at Rs -48.21 crore in September 2024. Interestingly, domestic mutual funds hold no stake in the company, which may reflect a cautious approach towards its valuation or business model.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News