Manoj Vaibhav Gems 'N' Jewellers Ltd.
•₹ 149.61.88%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Gold Ornaments: 78.3% • Gold (Exchange Gold): 13.2% • Silver Articles: 3.4% • Diamond: 3.1% • Stones: 1.9% • Platinum Ornaments: 0.0% • Others: 0.0% • Service income: 0.0%
PROS
- Company has delivered good profit growth of 30.2% CAGR over last 5 years
- Latest quarter profit grew 33.9% YoY, showing strong momentum
- Company generates healthy free cash flow
- Attractively priced for its growth - PEG of 0.3
- Company converts assets efficiently - asset turnover of 1.6x
CONS
- Operating cash flow has been negative in recent years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.25x)
- Equity base is being diluted - shares outstanding up 400.0%
* 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. | MVGJL | 148.30 | 63.12 | 724.41 | 0.00 | 275.70 | 1239.00 | 7139.10 | 1200.52 | 16.52 | 6.25 |
Detailed Comparison with:
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 509 | 619 | 475 | 546 | 539 | 642 | 498 | 705 | 549 | 756 | 685 | 754 | 714 | |
| 472 | 577 | 441 | 510 | 502 | 598 | 460 | 659 | 512 | 700 | 630 | 716 | 682 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 1 | 1 | 5 | 5 | 4 | 4 | 4 | 2 | 2 | 2 | 1 | 10 | 1 |
| Interest | 11 | 11 | 11 | 11 | 10 | 10 | 10 | 10 | 9 | 9 | 8 | 9 | 11 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 |
| 26 | 30 | 25 | 28 | 29 | 36 | 29 | 36 | 28 | 45 | 44 | 37 | 37 | |
| Tax % | 25.57% | 25.58% | 24.17% | 26.67% | 24.96% | 25.32% | 12.27% | 26.06% | 25.51% | 29.74% | 20.98% | 24.83% | 25.02% |
| Net Profit | 19 | 22 | 19 | 21 | 22 | 27 | 25 | 27 | 21 | 32 | 34 | 28 | 28 |
| 5 | 6 | 4 | 4 | 4 | 5 | 5 | 5 | 4 | 6 | 7 | 6 | 1 | |
| Equity Capital | 39 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 39 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 | 49 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 509
- 472
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 11
- Depreciation
- 2
- 26
- Tax %
- 25.57%
- Net Profit
- 19
- 5
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 39
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 619
- 577
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 11
- Depreciation
- 2
- 30
- Tax %
- 25.58%
- Net Profit
- 22
- 6
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 475
- 441
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 11
- Depreciation
- 2
- 25
- Tax %
- 24.17%
- Net Profit
- 19
- 4
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 546
- 510
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 11
- Depreciation
- 2
- 28
- Tax %
- 26.67%
- Net Profit
- 21
- 4
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 539
- 502
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 10
- Depreciation
- 2
- 29
- Tax %
- 24.96%
- Net Profit
- 22
- 4
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 642
- 598
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 10
- Depreciation
- 2
- 36
- Tax %
- 25.32%
- Net Profit
- 27
- 5
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 498
- 460
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 10
- Depreciation
- 2
- 29
- Tax %
- 12.27%
- Net Profit
- 25
- 5
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 705
- 659
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 10
- Depreciation
- 2
- 36
- Tax %
- 26.06%
- Net Profit
- 27
- 5
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 549
- 512
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 9
- Depreciation
- 2
- 28
- Tax %
- 25.51%
- Net Profit
- 21
- 4
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 756
- 700
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 9
- Depreciation
- 3
- 45
- Tax %
- 29.74%
- Net Profit
- 32
- 6
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 685
- 630
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 8
- Depreciation
- 2
- 44
- Tax %
- 20.98%
- Net Profit
- 34
- 7
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 754
- 716
- Operating Profit
- —
- OPM %
- —
- Other Income
- 10
- Interest
- 9
- Depreciation
- 2
- 37
- Tax %
- 24.83%
- Net Profit
- 28
- 6
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 714
- 682
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 11
- Depreciation
- 2
- 37
- Tax %
- 25.02%
- Net Profit
- 28
- 1
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 49
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,231 | 1,044 | 1,320 | 1,247 | 1,279 | 1,434 | 1,694 | 2,027 | 2,150 | 2,384 | 2,909 | |
| 1,179 | 990 | 1,256 | 1,164 | 1,199 | 1,352 | 1,586 | 1,880 | 1,995 | 2,215 | 2,730 | |
| Operating Profit | 53 | 57 | 70 | 90 | 85 | 91 | 112 | 151 | 166 | 183 | — |
| OPM % | 4 | 5 | 5 | 7 | 7 | 6 | 7 | 7 | 8 | 8 | — |
| Other Income | 1 | 4 | 5 | 6 | 5 | 10 | 4 | 4 | 11 | 13 | 15 |
| Interest | 30 | 30 | 35 | 35 | 41 | 43 | 45 | 47 | 49 | 45 | 37 |
| Depreciation | 4 | 5 | 7 | 7 | 7 | 9 | 9 | 9 | 8 | 8 | 10 |
| 19 | 22 | 28 | 48 | 37 | 28 | 58 | 96 | 109 | 130 | 163 | |
| Tax % | 36 | 39 | 36 | 36 | 27 | 25 | 25 | 25 | 26 | 23 | 25 |
| Net Profit | 12 | 14 | 18 | 31 | 27 | 21 | 44 | 72 | 81 | 100 | 122 |
| EPS | 13 | 14 | 22 | 30 | 28 | 5 | 11 | 18 | 17 | 21 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 5 | 8 | 7 | 5 | 11 | 18 | 17 | 21 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 3 | 3 | 5 | 8 | 7 | 5 | 11 | 18 | 17 | 21 | — |
Mar 2016
- 1,231
- 1,179
- Operating Profit
- 53
- OPM %
- 4
- Other Income
- 1
- Interest
- 30
- Depreciation
- 4
- 19
- Tax %
- 36
- Net Profit
- 12
- EPS
- 13
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2017
- 1,044
- 990
- Operating Profit
- 57
- OPM %
- 5
- Other Income
- 4
- Interest
- 30
- Depreciation
- 5
- 22
- Tax %
- 39
- Net Profit
- 14
- EPS
- 14
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2018
- 1,320
- 1,256
- Operating Profit
- 70
- OPM %
- 5
- Other Income
- 5
- Interest
- 35
- Depreciation
- 7
- 28
- Tax %
- 36
- Net Profit
- 18
- EPS
- 22
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2019
- 1,247
- 1,164
- Operating Profit
- 90
- OPM %
- 7
- Other Income
- 6
- Interest
- 35
- Depreciation
- 7
- 48
- Tax %
- 36
- Net Profit
- 31
- EPS
- 30
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 8
Mar 2020
- 1,279
- 1,199
- Operating Profit
- 85
- OPM %
- 7
- Other Income
- 5
- Interest
- 41
- Depreciation
- 7
- 37
- Tax %
- 27
- Net Profit
- 27
- EPS
- 28
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 7
Mar 2021
- 1,434
- 1,352
- Operating Profit
- 91
- OPM %
- 6
- Other Income
- 10
- Interest
- 43
- Depreciation
- 9
- 28
- Tax %
- 25
- Net Profit
- 21
- EPS
- 5
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 5
Mar 2022
- 1,694
- 1,586
- Operating Profit
- 112
- OPM %
- 7
- Other Income
- 4
- Interest
- 45
- Depreciation
- 9
- 58
- Tax %
- 25
- Net Profit
- 44
- EPS
- 11
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2023
- 2,027
- 1,880
- Operating Profit
- 151
- OPM %
- 7
- Other Income
- 4
- Interest
- 47
- Depreciation
- 9
- 96
- Tax %
- 25
- Net Profit
- 72
- EPS
- 18
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 18
Mar 2024
- 2,150
- 1,995
- Operating Profit
- 166
- OPM %
- 8
- Other Income
- 11
- Interest
- 49
- Depreciation
- 8
- 109
- Tax %
- 26
- Net Profit
- 81
- EPS
- 17
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 17
Mar 2025
- 2,384
- 2,215
- Operating Profit
- 183
- OPM %
- 8
- Other Income
- 13
- Interest
- 45
- Depreciation
- 8
- 130
- Tax %
- 23
- Net Profit
- 100
- EPS
- 21
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 21
TTM
- 2,909
- 2,730
- Operating Profit
- —
- OPM %
- —
- Other Income
- 15
- Interest
- 37
- Depreciation
- 10
- 163
- Tax %
- 25
- Net Profit
- 122
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 10%
- 5 Years:
- 13%
- 3 Years:
- 12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 23%
- 5 Years:
- 30%
- 3 Years:
- 32%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- -29%
RETURN ON EQUITY
- 10 Years:
- 15%
- 5 Years:
- 16%
- 3 Years:
- 18%
- Last Year:
- 15%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 39 | 49 | 49 |
| 112 | 125 | 143 | 174 | 201 | 219 | 263 | 305 | 569 | 670 | |
| 200 | 274 | 343 | 367 | 374 | 349 | 374 | 353 | 343 | 334 | |
| Trade Payables | 31 | 49 | 48 | 57 | 101 | 59 | 89 | 38 | 100 | 141 |
| 50 | 58 | 67 | 76 | 89 | 165 | 162 | 339 | 335 | 303 | |
| Total Liabilities | 402 | 516 | 611 | 684 | 775 | 802 | 897 | 1,075 | 1,396 | 1,497 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 47 | 44 | 48 | 60 | 54 | 73 | 68 | 63 | 58 | 69 | |
| Capital Work in Progress | 4 | 4 | 12 | 13 | 17 | 7 | 3 | 1 | 1 | 0 |
| 13 | 21 | 9 | 9 | 20 | 0 | 0 | 0 | 0 | 0 | |
| 312 | 397 | 486 | 515 | 633 | 641 | 767 | 934 | 1,081 | 1,317 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 27 | 30 | |
| Cash & Bank | 12 | 36 | 40 | 41 | 24 | 25 | 9 | 17 | 176 | 30 |
| 14 | 14 | 16 | 45 | 26 | 57 | 50 | 60 | 54 | 52 | |
| Total Assets | 402 | 516 | 611 | 684 | 775 | 802 | 897 | 1,075 | 1,396 | 1,497 |
| Total Debt | 231 | 309 | 384 | 412 | 419 | 463 | 478 | 460 | 405 | 368 |
| Net Working Capital | 88 | 99 | 119 | 136 | 163 | 264 | 306 | 386 | 592 | 665 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 8 | 8 | 8 |
| Book Value per Share | 124.14 | 138.12 | 156.77 | 188.20 | 215.70 | 234.38 | 279.28 | 88.17 | 126.47 | 147.15 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 231 | 309 | 384 | 412 | 419 | 463 | 478 | 460 | 405 | 368 |
| Net Working Capital | 88 | 99 | 119 | 136 | 163 | 264 | 306 | 386 | 592 | 665 |
| Contingent Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 8 | 8 | 8 |
| Book Value per Share | 124.14 | 138.12 | 156.77 | 188.20 | 215.70 | 234.38 | 279.28 | 88.17 | 126.47 | 147.15 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 10
- 112
- 200
- Trade Payables
- 31
- 50
- Total Liabilities
- 402
- 47
- Capital Work in Progress
- 4
- 13
- 312
- 0
- Cash & Bank
- 12
- 14
- Total Assets
- 402
- Total Debt
- 231
- Net Working Capital
- 88
- Contingent Liabilities
- 0
- Book Value per Share
- 124.14
- Face Value
- 10.00
- Total Debt
- 231
- Net Working Capital
- 88
- Contingent Liabilities
- 0
- Book Value per Share
- 124.14
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 10
- 125
- 274
- Trade Payables
- 49
- 58
- Total Liabilities
- 516
- 44
- Capital Work in Progress
- 4
- 21
- 397
- 0
- Cash & Bank
- 36
- 14
- Total Assets
- 516
- Total Debt
- 309
- Net Working Capital
- 99
- Contingent Liabilities
- 0
- Book Value per Share
- 138.12
- Face Value
- 10.00
- Total Debt
- 309
- Net Working Capital
- 99
- Contingent Liabilities
- 0
- Book Value per Share
- 138.12
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 10
- 143
- 343
- Trade Payables
- 48
- 67
- Total Liabilities
- 611
- 48
- Capital Work in Progress
- 12
- 9
- 486
- 0
- Cash & Bank
- 40
- 16
- Total Assets
- 611
- Total Debt
- 384
- Net Working Capital
- 119
- Contingent Liabilities
- 0
- Book Value per Share
- 156.77
- Face Value
- 10.00
- Total Debt
- 384
- Net Working Capital
- 119
- Contingent Liabilities
- 0
- Book Value per Share
- 156.77
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 10
- 174
- 367
- Trade Payables
- 57
- 76
- Total Liabilities
- 684
- 60
- Capital Work in Progress
- 13
- 9
- 515
- 0
- Cash & Bank
- 41
- 45
- Total Assets
- 684
- Total Debt
- 412
- Net Working Capital
- 136
- Contingent Liabilities
- 0
- Book Value per Share
- 188.20
- Face Value
- 10.00
- Total Debt
- 412
- Net Working Capital
- 136
- Contingent Liabilities
- 0
- Book Value per Share
- 188.20
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 10
- 201
- 374
- Trade Payables
- 101
- 89
- Total Liabilities
- 775
- 54
- Capital Work in Progress
- 17
- 20
- 633
- 0
- Cash & Bank
- 24
- 26
- Total Assets
- 775
- Total Debt
- 419
- Net Working Capital
- 163
- Contingent Liabilities
- 0
- Book Value per Share
- 215.70
- Face Value
- 10.00
- Total Debt
- 419
- Net Working Capital
- 163
- Contingent Liabilities
- 0
- Book Value per Share
- 215.70
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 10
- 219
- 349
- Trade Payables
- 59
- 165
- Total Liabilities
- 802
- 73
- Capital Work in Progress
- 7
- 0
- 641
- 0
- Cash & Bank
- 25
- 57
- Total Assets
- 802
- Total Debt
- 463
- Net Working Capital
- 264
- Contingent Liabilities
- 0
- Book Value per Share
- 234.38
- Face Value
- 10.00
- Total Debt
- 463
- Net Working Capital
- 264
- Contingent Liabilities
- 0
- Book Value per Share
- 234.38
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 10
- 263
- 374
- Trade Payables
- 89
- 162
- Total Liabilities
- 897
- 68
- Capital Work in Progress
- 3
- 0
- 767
- 0
- Cash & Bank
- 9
- 50
- Total Assets
- 897
- Total Debt
- 478
- Net Working Capital
- 306
- Contingent Liabilities
- 8
- Book Value per Share
- 279.28
- Face Value
- 10.00
- Total Debt
- 478
- Net Working Capital
- 306
- Contingent Liabilities
- 8
- Book Value per Share
- 279.28
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 39
- 305
- 353
- Trade Payables
- 38
- 339
- Total Liabilities
- 1,075
- 63
- Capital Work in Progress
- 1
- 0
- 934
- 0
- Cash & Bank
- 17
- 60
- Total Assets
- 1,075
- Total Debt
- 460
- Net Working Capital
- 386
- Contingent Liabilities
- 8
- Book Value per Share
- 88.17
- Face Value
- 10.00
- Total Debt
- 460
- Net Working Capital
- 386
- Contingent Liabilities
- 8
- Book Value per Share
- 88.17
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 49
- 569
- 343
- Trade Payables
- 100
- 335
- Total Liabilities
- 1,396
- 58
- Capital Work in Progress
- 1
- 0
- 1,081
- 27
- Cash & Bank
- 176
- 54
- Total Assets
- 1,396
- Total Debt
- 405
- Net Working Capital
- 592
- Contingent Liabilities
- 8
- Book Value per Share
- 126.47
- Face Value
- 10.00
- Total Debt
- 405
- Net Working Capital
- 592
- Contingent Liabilities
- 8
- Book Value per Share
- 126.47
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 49
- 670
- 334
- Trade Payables
- 141
- 303
- Total Liabilities
- 1,497
- 69
- Capital Work in Progress
- 0
- 0
- 1,317
- 30
- Cash & Bank
- 30
- 52
- Total Assets
- 1,497
- Total Debt
- 368
- Net Working Capital
- 665
- Contingent Liabilities
- 8
- Book Value per Share
- 147.15
- Face Value
- 10.00
- Total Debt
- 368
- Net Working Capital
- 665
- Contingent Liabilities
- 8
- Book Value per Share
- 147.15
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 36 | 2 | -36 | 18 | 28 | -12 | 9 | 69 | 60 | -67 | |
| Cash from Investing | -12 | -32 | 3 | -8 | -6 | 11 | 1 | -4 | -126 | 127 |
| Cash from Financing | -22 | 31 | 44 | 1 | -31 | 4 | -26 | -59 | 94 | -76 |
| 2 | 1 | 11 | 11 | -9 | 4 | -15 | 7 | 28 | -15 | |
| Free Cash Flow | 28 | 2 | -57 | -2 | 23 | -12 | 9 | 69 | 56 | -80 |
| OCF / Net Profit | 2.87 | 0.17 | -1.97 | 0.58 | 1.03 | -0.55 | 0.21 | 0.97 | 0.74 | -0.66 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -45 | -38 | 88 | 146 | 43 |
| OCF / Net Profit | 2.87 | 0.17 | -1.97 | 0.58 | 1.03 | -0.55 | 0.21 | 0.97 | 0.74 | -0.66 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -5 | -45 | -38 | 88 | 146 | 43 |
Mar 2016
- 36
- Cash from Investing
- -12
- Cash from Financing
- -22
- 2
- Free Cash Flow
- 28
- OCF / Net Profit
- 2.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.87
- Cumulative 5-Year FCF
- 0
Mar 2017
- 2
- Cash from Investing
- -32
- Cash from Financing
- 31
- 1
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.17
- Cumulative 5-Year FCF
- 0
Mar 2018
- -36
- Cash from Investing
- 3
- Cash from Financing
- 44
- 11
- Free Cash Flow
- -57
- OCF / Net Profit
- -1.97
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.97
- Cumulative 5-Year FCF
- 0
Mar 2019
- 18
- Cash from Investing
- -8
- Cash from Financing
- 1
- 11
- Free Cash Flow
- -2
- OCF / Net Profit
- 0.58
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.58
- Cumulative 5-Year FCF
- 0
Mar 2020
- 28
- Cash from Investing
- -6
- Cash from Financing
- -31
- -9
- Free Cash Flow
- 23
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- -5
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- -5
Mar 2021
- -12
- Cash from Investing
- 11
- Cash from Financing
- 4
- 4
- Free Cash Flow
- -12
- OCF / Net Profit
- -0.55
- Cumulative 5-Year FCF
- -45
- OCF / Net Profit
- -0.55
- Cumulative 5-Year FCF
- -45
Mar 2022
- 9
- Cash from Investing
- 1
- Cash from Financing
- -26
- -15
- Free Cash Flow
- 9
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- -38
- OCF / Net Profit
- 0.21
- Cumulative 5-Year FCF
- -38
Mar 2023
- 69
- Cash from Investing
- -4
- Cash from Financing
- -59
- 7
- Free Cash Flow
- 69
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 88
- OCF / Net Profit
- 0.97
- Cumulative 5-Year FCF
- 88
Mar 2024
- 60
- Cash from Investing
- -126
- Cash from Financing
- 94
- 28
- Free Cash Flow
- 56
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 146
- OCF / Net Profit
- 0.74
- Cumulative 5-Year FCF
- 146
Mar 2025
- -67
- Cash from Investing
- 127
- Cash from Financing
- -76
- -15
- Free Cash Flow
- -80
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- 43
- OCF / Net Profit
- -0.66
- Cumulative 5-Year FCF
- 43
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 12.78 | 13.98 | 18.65 | 31.43 | 27.50 | 21.23 | 44.71 | 18.32 | 16.57 | 20.56 |
| Book Value (₹) | 124.14 | 138.12 | 156.77 | 188.20 | 215.70 | 234.38 | 279.28 | 88.17 | 126.47 | 147.15 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 4.28 | 4.72 | 6.33 | 9.69 | 8.69 | 7.56 | 13.40 | 20.51 | 18.29 | 22.26 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 4.32% | 5.45% | 5.27% | 7.18% | 6.61% | 6.33% | 6.61% | 7.45% | 7.19% | 7.09% |
| Net Margin % | 1.01% | 1.31% | 1.38% | 2.46% | 2.10% | 1.45% | 2.58% | 3.53% | 3.76% | 4.21% |
| ROE % | 10.86% | 10.66% | 12.65% | 18.22% | 13.62% | 9.43% | 17.41% | 23.19% | 16.82% | 15.03% |
| ROCE % | 14.33% | 13.09% | 12.85% | 14.55% | 12.63% | 10.70% | 14.31% | 18.31% | 17.25% | 16.52% |
| 3.28% | 2.98% | 3.23% | 4.74% | 3.68% | 2.63% | 5.14% | 7.26% | 6.55% | 6.94% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 2 | 2 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Inventory Days | 88 | 124 | 122 | 146 | 164 | 162 | 152 | 153 | 171 | 184 |
| Payable Days | 6 | 16 | 16 | 18 | 26 | 23 | 18 | 13 | 13 | 21 |
| 84 | 110 | 108 | 132 | 142 | 143 | 138 | 144 | 162 | 167 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 1.90x | 2.29x | 2.51x | 2.24x | 1.99x | 2.02x | 1.75x | 1.34x | 0.65x | 0.51x |
| Interest Coverage (x) | 1.66x | 1.75x | 1.82x | 2.39x | 1.90x | 1.65x | 2.30x | 3.06x | 3.22x | 3.91x |
| 1.36x | 1.29x | 1.29x | 1.30x | 1.32x | 1.61x | 1.62x | 1.64x | 1.83x | 1.90x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 34.51% | -15.23% | 26.54% | -5.53% | 2.54% | 12.07% | 18.16% | 19.68% | 6.03% | 10.90% |
| Operating Profit Growth % | 17.32% | 6.85% | 22.29% | 28.74% | -5.61% | 7.38% | 23.30% | 34.88% | 12.21% | 9.97% |
| Net Profit Growth % | -0.86% | 9.38% | 33.35% | 68.57% | -12.51% | -22.81% | 110.63% | 63.91% | 13.03% | 24.09% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -9.57% | 24.09% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 15.20x | 9.62x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.99x | 1.34x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 8.79x | 7.15x |
Mar 2016
- EPS (₹)
- 12.78
- Book Value (₹)
- 124.14
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.28
- Operating Margin %
- 4.32%
- Net Margin %
- 1.01%
- ROE %
- 10.86%
- ROCE %
- 14.33%
- 3.28%
- Debtor Days
- 2
- Inventory Days
- 88
- Payable Days
- 6
- 84
- Debt to Equity (x)
- 1.90x
- Interest Coverage (x)
- 1.66x
- 1.36x
- Revenue Growth %
- 34.51%
- Operating Profit Growth %
- 17.32%
- Net Profit Growth %
- -0.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 13.98
- Book Value (₹)
- 138.12
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.72
- Operating Margin %
- 5.45%
- Net Margin %
- 1.31%
- ROE %
- 10.66%
- ROCE %
- 13.09%
- 2.98%
- Debtor Days
- 2
- Inventory Days
- 124
- Payable Days
- 16
- 110
- Debt to Equity (x)
- 2.29x
- Interest Coverage (x)
- 1.75x
- 1.29x
- Revenue Growth %
- -15.23%
- Operating Profit Growth %
- 6.85%
- Net Profit Growth %
- 9.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 18.65
- Book Value (₹)
- 156.77
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 6.33
- Operating Margin %
- 5.27%
- Net Margin %
- 1.38%
- ROE %
- 12.65%
- ROCE %
- 12.85%
- 3.23%
- Debtor Days
- 1
- Inventory Days
- 122
- Payable Days
- 16
- 108
- Debt to Equity (x)
- 2.51x
- Interest Coverage (x)
- 1.82x
- 1.29x
- Revenue Growth %
- 26.54%
- Operating Profit Growth %
- 22.29%
- Net Profit Growth %
- 33.35%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 31.43
- Book Value (₹)
- 188.20
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 9.69
- Operating Margin %
- 7.18%
- Net Margin %
- 2.46%
- ROE %
- 18.22%
- ROCE %
- 14.55%
- 4.74%
- Debtor Days
- 4
- Inventory Days
- 146
- Payable Days
- 18
- 132
- Debt to Equity (x)
- 2.24x
- Interest Coverage (x)
- 2.39x
- 1.30x
- Revenue Growth %
- -5.53%
- Operating Profit Growth %
- 28.74%
- Net Profit Growth %
- 68.57%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 27.50
- Book Value (₹)
- 215.70
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 8.69
- Operating Margin %
- 6.61%
- Net Margin %
- 2.10%
- ROE %
- 13.62%
- ROCE %
- 12.63%
- 3.68%
- Debtor Days
- 4
- Inventory Days
- 164
- Payable Days
- 26
- 142
- Debt to Equity (x)
- 1.99x
- Interest Coverage (x)
- 1.90x
- 1.32x
- Revenue Growth %
- 2.54%
- Operating Profit Growth %
- -5.61%
- Net Profit Growth %
- -12.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 21.23
- Book Value (₹)
- 234.38
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 7.56
- Operating Margin %
- 6.33%
- Net Margin %
- 1.45%
- ROE %
- 9.43%
- ROCE %
- 10.70%
- 2.63%
- Debtor Days
- 4
- Inventory Days
- 162
- Payable Days
- 23
- 143
- Debt to Equity (x)
- 2.02x
- Interest Coverage (x)
- 1.65x
- 1.61x
- Revenue Growth %
- 12.07%
- Operating Profit Growth %
- 7.38%
- Net Profit Growth %
- -22.81%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 44.71
- Book Value (₹)
- 279.28
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 13.40
- Operating Margin %
- 6.61%
- Net Margin %
- 2.58%
- ROE %
- 17.41%
- ROCE %
- 14.31%
- 5.14%
- Debtor Days
- 4
- Inventory Days
- 152
- Payable Days
- 18
- 138
- Debt to Equity (x)
- 1.75x
- Interest Coverage (x)
- 2.30x
- 1.62x
- Revenue Growth %
- 18.16%
- Operating Profit Growth %
- 23.30%
- Net Profit Growth %
- 110.63%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 18.32
- Book Value (₹)
- 88.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 20.51
- Operating Margin %
- 7.45%
- Net Margin %
- 3.53%
- ROE %
- 23.19%
- ROCE %
- 18.31%
- 7.26%
- Debtor Days
- 4
- Inventory Days
- 153
- Payable Days
- 13
- 144
- Debt to Equity (x)
- 1.34x
- Interest Coverage (x)
- 3.06x
- 1.64x
- Revenue Growth %
- 19.68%
- Operating Profit Growth %
- 34.88%
- Net Profit Growth %
- 63.91%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 16.57
- Book Value (₹)
- 126.47
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 18.29
- Operating Margin %
- 7.19%
- Net Margin %
- 3.76%
- ROE %
- 16.82%
- ROCE %
- 17.25%
- 6.55%
- Debtor Days
- 4
- Inventory Days
- 171
- Payable Days
- 13
- 162
- Debt to Equity (x)
- 0.65x
- Interest Coverage (x)
- 3.22x
- 1.83x
- Revenue Growth %
- 6.03%
- Operating Profit Growth %
- 12.21%
- Net Profit Growth %
- 13.03%
- -9.57%
- P/E (x)
- 15.20x
- P/B (x)
- 1.99x
- Dividend Yield %
- 0.00%
- 8.79x
Mar 2025
- EPS (₹)
- 20.56
- Book Value (₹)
- 147.15
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 22.26
- Operating Margin %
- 7.09%
- Net Margin %
- 4.21%
- ROE %
- 15.03%
- ROCE %
- 16.52%
- 6.94%
- Debtor Days
- 4
- Inventory Days
- 184
- Payable Days
- 21
- 167
- Debt to Equity (x)
- 0.51x
- Interest Coverage (x)
- 3.91x
- 1.90x
- Revenue Growth %
- 10.90%
- Operating Profit Growth %
- 9.97%
- Net Profit Growth %
- 24.09%
- 24.09%
- P/E (x)
- 9.62x
- P/B (x)
- 1.34x
- Dividend Yield %
- 0.00%
- 7.15x
Documents
Announcements
- Change in Management
2026-08-10 - Manoj Vaibhav Gems N Jewellers Limited has informed the Exchange about change in Management
- Outcome of Board Meeting
2026-08-10 - Manoj Vaibhav Gems N Jewellers Limited has informed the Exchange regarding Outcome of Board Meeting held on August 10, 2026.
Annual Reports
Credit Ratings
- Credit Rating
2026-07-10 - Manoj Vaibhav Gems N Jewellers Limited has informed the Exchange about Credit Rating
Concalls
Jun 2025
Mar 2025