Divine Hira Jewellers Ltd.
•₹ 111.9-0.04%
2026-08-21
PROS
- Working capital cycle has improved - days down from 44 to 21
- Company comfortably covers its interest (7.3x coverage)
- Company maintains a comfortable, low leverage position
- Company converts assets efficiently - asset turnover of 12.0x
CONS
- Operating cash flow has been negative in recent years
- Receivables are growing faster than sales - a possible quality concern
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -2.29x)
- Stock is trading at 6.6x its book value
- Though reporting repeated profits, the company pays out little dividend (0.0%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | ADANIENT | 2979.00 | 54.17 | 403273.96 | 0.04 | -1461.54 | -249.67 | 32923.98 | 49.92 | 13.30 | 15.57 |
| 2. | AEGISLOG | 1363.65 | 38.25 | 47864.12 | 0.64 | 544.84 | 210.70 | 2356.86 | 37.07 | 19.76 | 30.28 |
| 3. | PREMIERENE | 1008.00 | 27.48 | 45758.31 | 0.10 | 471.92 | 53.32 | 2462.59 | 35.25 | 41.97 | 29.03 |
| 4. | CPPLUS | 3307.45 | 81.98 | 39127.28 | 0.05 | 142.20 | 332.51 | 1402.42 | 89.51 | 29.48 | 14.52 |
| 5. | REDINGTON | 334.90 | 15.39 | 26181.63 | 1.79 | 453.49 | 94.65 | 34922.47 | 34.57 | 18.96 | 2.03 |
| 6. | HONASA | 476.90 | 62.48 | 15548.09 | 0.63 | 90.45 | 118.87 | 755.95 | 27.00 | 8.99 | 14.58 |
| 7. | LLOYDSENT | 78.59 | 106.84 | 11997.17 | 0.19 | 109.98 | -55.77 | 563.03 | 70.15 | 12.84 | 18.07 |
| 8. | SGMART | 805.80 | 81.69 | 10155.92 | 0.00 | 455.80 | 1310.71 | 13085.70 | 1044.08 | 11.45 | 4.49 |
| 9. | MMTC | 62.10 | 20.82 | 9315.00 | 0.00 | 104.24 | 135.52 | 0.68 | -50.00 | 6.90 | -1423.53 |
| 10. | CELLO | 358.45 | 25.31 | 7917.62 | 0.42 | 73.40 | -8.99 | 526.72 | -0.43 | 17.15 | 18.80 |
| 11. | EBGNG | 588.80 | 47.13 | 6713.00 | 0.00 | 289.30 | 1462.10 | 4124.61 | 1220.81 | 20.14 | 11.97 |
| 12. | DIVINEHIRA | 111.60 | 0.00 | 436.82 | 0.00 | 9.37 | — | 1953.97 | — | 16.15 | 0.92 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2025 | Jun 2026 | |
|---|---|---|
| 240 | 1,954 | |
| 236 | 1,942 | |
| Operating Profit | — | — |
| OPM % | — | — |
| Other Income | 0 | 0 |
| Interest | 0 | 4 |
| Depreciation | 0 | 1 |
| 4 | 13 | |
| Tax % | 25.12% | 25.22% |
| Net Profit | 3 | 9 |
| 0 | 1 | |
| Equity Capital | 13 | 130 |
| Reserves | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% |
| Equity Capital | 13 | 130 |
| Reserves | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% |
Jun 2025
- 240
- 236
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 4
- Tax %
- 25.12%
- Net Profit
- 3
- 0
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 13
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 1,954
- 1,942
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 4
- Depreciation
- 1
- 13
- Tax %
- 25.22%
- Net Profit
- 9
- 1
- Equity Capital
- 130
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 130
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 125 | 183 | 359 | 884 | |
| 123 | 180 | 350 | 873 | |
| Operating Profit | 2 | 3 | 9 | 11 |
| OPM % | 1 | 2 | 3 | 1 |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| 1 | 2 | 7 | 10 | |
| Tax % | 25 | 25 | 25 | 25 |
| Net Profit | 1 | 1 | 6 | 7 |
| EPS | 1 | 2 | 4 | 5 |
| Dividend Payout % | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 1 | 2 |
| Minority Interest | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 |
| Adjusted EPS | 0 | 1 | 1 | 2 |
Mar 2023
- 125
- 123
- Operating Profit
- 2
- OPM %
- 1
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 1
- Tax %
- 25
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 183
- 180
- Operating Profit
- 3
- OPM %
- 2
- Other Income
- 0
- Interest
- 1
- Depreciation
- 0
- 2
- Tax %
- 25
- Net Profit
- 1
- EPS
- 2
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2025
- 359
- 350
- Operating Profit
- 9
- OPM %
- 3
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 7
- Tax %
- 25
- Net Profit
- 6
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2026
- 884
- 873
- Operating Profit
- 11
- OPM %
- 1
- Other Income
- 0
- Interest
- 2
- Depreciation
- 0
- 10
- Tax %
- 25
- Net Profit
- 7
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 2
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 92%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 110%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- —
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 17%
- Last Year:
- 15%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 7 | 7 | 13 | 13 |
| 1 | 2 | 30 | 38 | |
| 14 | 19 | 19 | 23 | |
| Trade Payables | 0 | 0 | 0 | 6 |
| 1 | 1 | 3 | 3 | |
| Total Liabilities | 23 | 29 | 65 | 82 |
| ASSETS | - | - | - | - |
| 0 | 0 | 1 | 1 | |
| 10 | 11 | 23 | 12 | |
| 0 | 15 | 10 | 66 | |
| Cash & Bank | 1 | 2 | 29 | 0 |
| 13 | 1 | 3 | 3 | |
| Total Assets | 23 | 29 | 65 | 82 |
| Total Debt | 14 | 19 | 19 | 23 |
| Net Working Capital | 8 | 10 | 43 | 50 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 11.37 | 13.40 | 33.28 | 38.74 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 14 | 19 | 19 | 23 |
| Net Working Capital | 8 | 10 | 43 | 50 |
| Contingent Liabilities | 0 | 0 | 0 | 0 |
| Book Value per Share | 11.37 | 13.40 | 33.28 | 38.74 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2023
- Equity Capital
- 7
- 1
- 14
- Trade Payables
- 0
- 1
- Total Liabilities
- 23
- 0
- 10
- 0
- Cash & Bank
- 1
- 13
- Total Assets
- 23
- Total Debt
- 14
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 11.37
- Face Value
- 10.00
- Total Debt
- 14
- Net Working Capital
- 8
- Contingent Liabilities
- 0
- Book Value per Share
- 11.37
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 7
- 2
- 19
- Trade Payables
- 0
- 1
- Total Liabilities
- 29
- 0
- 11
- 15
- Cash & Bank
- 2
- 1
- Total Assets
- 29
- Total Debt
- 19
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 13.40
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- 10
- Contingent Liabilities
- 0
- Book Value per Share
- 13.40
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 13
- 30
- 19
- Trade Payables
- 0
- 3
- Total Liabilities
- 65
- 1
- 23
- 10
- Cash & Bank
- 29
- 3
- Total Assets
- 65
- Total Debt
- 19
- Net Working Capital
- 43
- Contingent Liabilities
- 0
- Book Value per Share
- 33.28
- Face Value
- 10.00
- Total Debt
- 19
- Net Working Capital
- 43
- Contingent Liabilities
- 0
- Book Value per Share
- 33.28
- Face Value
- 10.00
Mar 2026
- Equity Capital
- 13
- 38
- 23
- Trade Payables
- 6
- 3
- Total Liabilities
- 82
- 1
- 12
- 66
- Cash & Bank
- 0
- 3
- Total Assets
- 82
- Total Debt
- 23
- Net Working Capital
- 50
- Contingent Liabilities
- 0
- Book Value per Share
- 38.74
- Face Value
- 10.00
- Total Debt
- 23
- Net Working Capital
- 50
- Contingent Liabilities
- 0
- Book Value per Share
- 38.74
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -1 | -1 | 1 | -32 | |
| Cash from Investing | -0 | -0 | -0 | -0 |
| Cash from Financing | 2 | 3 | 27 | 3 |
| 1 | 2 | 28 | -29 | |
| Free Cash Flow | -1 | -1 | 0 | -32 |
| OCF / Net Profit | -1.28 | -0.97 | 0.14 | -4.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | -1.28 | -0.97 | 0.14 | -4.45 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2023
- -1
- Cash from Investing
- -0
- Cash from Financing
- 2
- 1
- Free Cash Flow
- -1
- OCF / Net Profit
- -1.28
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.28
- Cumulative 5-Year FCF
- 0
Mar 2024
- -1
- Cash from Investing
- -0
- Cash from Financing
- 3
- 2
- Free Cash Flow
- -1
- OCF / Net Profit
- -0.97
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.97
- Cumulative 5-Year FCF
- 0
Mar 2025
- 1
- Cash from Investing
- -0
- Cash from Financing
- 27
- 28
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.14
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.14
- Cumulative 5-Year FCF
- 0
Mar 2026
- -32
- Cash from Investing
- -0
- Cash from Financing
- 3
- -29
- Free Cash Flow
- -32
- OCF / Net Profit
- -4.45
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -4.45
- Cumulative 5-Year FCF
- 0
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 1.05 | 2.03 | 4.26 | 5.46 |
| Book Value (₹) | 11.37 | 13.40 | 33.28 | 38.74 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 0.27 | 0.53 | 1.43 | 1.84 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 1.40% | 1.81% | 2.47% | 1.24% |
| Net Margin % | 0.61% | 0.81% | 1.55% | 0.81% |
| ROE % | 9.24% | 16.37% | 20.88% | 15.17% |
| ROCE % | 7.79% | 13.54% | 19.69% | 16.15% |
| 3.30% | 5.68% | 11.76% | 9.66% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 36 | 27 | 13 | 16 |
| Inventory Days | 28 | 21 | 17 | 7 |
| Payable Days | 0 | 0 | 0 | 1 |
| 64 | 48 | 30 | 22 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | 1.69x | 1.90x | 0.44x | 0.46x |
| Interest Coverage (x) | 2.44x | 2.36x | 5.81x | 7.33x |
| 1.54x | 1.50x | 2.97x | 2.61x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 46.67% | 95.79% | 146.32% |
| Operating Profit Growth % | 0.00% | 98.21% | 159.96% | 23.14% |
| Net Profit Growth % | 0.00% | 93.01% | 274.59% | 28.26% |
| 0.00% | 93.01% | 110.01% | 28.26% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 5.46x | 15.70x |
| P/B (x) | 0.00x | 0.00x | 2.09x | 6.64x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 6.96x | 8.95x | 32.29x |
Mar 2023
- EPS (₹)
- 1.05
- Book Value (₹)
- 11.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.27
- Operating Margin %
- 1.40%
- Net Margin %
- 0.61%
- ROE %
- 9.24%
- ROCE %
- 7.79%
- 3.30%
- Debtor Days
- 36
- Inventory Days
- 28
- Payable Days
- 0
- 64
- Debt to Equity (x)
- 1.69x
- Interest Coverage (x)
- 2.44x
- 1.54x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 2.03
- Book Value (₹)
- 13.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.53
- Operating Margin %
- 1.81%
- Net Margin %
- 0.81%
- ROE %
- 16.37%
- ROCE %
- 13.54%
- 5.68%
- Debtor Days
- 27
- Inventory Days
- 21
- Payable Days
- 0
- 48
- Debt to Equity (x)
- 1.90x
- Interest Coverage (x)
- 2.36x
- 1.50x
- Revenue Growth %
- 46.67%
- Operating Profit Growth %
- 98.21%
- Net Profit Growth %
- 93.01%
- 93.01%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 6.96x
Mar 2025
- EPS (₹)
- 4.26
- Book Value (₹)
- 33.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.43
- Operating Margin %
- 2.47%
- Net Margin %
- 1.55%
- ROE %
- 20.88%
- ROCE %
- 19.69%
- 11.76%
- Debtor Days
- 13
- Inventory Days
- 17
- Payable Days
- 0
- 30
- Debt to Equity (x)
- 0.44x
- Interest Coverage (x)
- 5.81x
- 2.97x
- Revenue Growth %
- 95.79%
- Operating Profit Growth %
- 159.96%
- Net Profit Growth %
- 274.59%
- 110.01%
- P/E (x)
- 5.46x
- P/B (x)
- 2.09x
- Dividend Yield %
- 0.00%
- 8.95x
Mar 2026
- EPS (₹)
- 5.46
- Book Value (₹)
- 38.74
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.84
- Operating Margin %
- 1.24%
- Net Margin %
- 0.81%
- ROE %
- 15.17%
- ROCE %
- 16.15%
- 9.66%
- Debtor Days
- 16
- Inventory Days
- 7
- Payable Days
- 1
- 22
- Debt to Equity (x)
- 0.46x
- Interest Coverage (x)
- 7.33x
- 2.61x
- Revenue Growth %
- 146.32%
- Operating Profit Growth %
- 23.14%
- Net Profit Growth %
- 28.26%
- 28.26%
- P/E (x)
- 15.70x
- P/B (x)
- 6.64x
- Dividend Yield %
- 0.00%
- 32.29x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.

