As of 6 Nov 2026, Kenvi Jewels trades at 19.6× trailing earnings, in line with the industry P/E of 19.6×, and the shares are 41% below their 52-week high. Sales and net profit grew 27% and 17% a year over 3 years, with ROCE of 12% and ROE of 4.7%. Debt is 1.05× equity. It is a small-cap company with a market cap of ₹22 Cr, ranked 70th of 82 Luxury Goods companies by market cap; the shares fell 39% over the past year.
- ₹1.78
- ₹1.80
- ₹1.61
- ₹1.79
- 53.4K
Health check
- ReturnsBehind
−39.1% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 19.6 vs industry 19.6.
- GrowthSlow
Sales +26.6%, profit +17.3% a year over 3 years.
- ProfitabilityWeak
ROCE 11.6% vs peer median 34.2%.
- Balance sheetStretched
Debt 1.05× equity, interest covered 2.8×, Piotroski 3 of 9.
- Red flags3 to check
Return on equity is low at 4.7%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹22 Cr
- Small cap
- P/E
- 19.6
- Industry 19.6
- Price to book
- 1.58
- Peers 8.57
- Dividend yield
- 0.00%
- ROE
- 4.7%
- Peers 29.3%
- ROCE
- 11.6%
- Peers 34.2%
- Debt to equity
- 1.05
- Debt ₹17 Cr
- EPS (TTM)
- ₹0.09
- OPM (TTM)
- 1.5%
- Net margin 0.5%
- Sales growth
- −38.3%
- Latest quarter vs a year ago
- Profit growth
- +70.0%
- Latest quarter vs a year ago
- Price to sales
- 0.16
- EV/EBITDA 19.1
Strengths and risks
Strengths
- Quarterly profit up 70.0% on a year ago.
Risks to check
- Return on equity is low at 4.7%.
- Quarterly sales down 38.3% on a year ago.
- 41% below its 52-week high.
About Kenvi Jewels
Kenvi Jewels Limited engages in the designing, manufacturing, retailing, wholesaling, and trading of jewelries in India. The company provides wedding and festive jewelry, rings, chains, earrings, ear chains, nose-rings/nose pins, waist belts, mangalsutras, anklets, zudas, toe rings, pendant sets/pendants, bracelets, and bangles; and lucky, pendal sets, dokiyas, brooches, bajubandhs, cufflinks, kadas, watches, and mix ornaments. It is also involved in…
- Headquarters
- Ahmedabad
- Sector
- Consumer Cyclical
- ISIN
- INE923Y01023
- Website
- kenvijewels.com
Price range
- Avg volume (3M)
- 64.3K
- 1-year return
- minus 39.1%
- From 52-week high
- minus 41.3%
Peers · Luxury Goods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TITANTitan Company | 5,000.00 | plus 3.42% | 4,43,656 | 63.1 | 24.30 | 38.4% | 37.1% | 11.6% | 29.2% | 16.0% | 0.30% | plus 26.8% |
| KALYANKJILKalyan Jewellers India | 590.75 | plus 5.49% | 61,010 | 42.6 | 9.66 | 26.7% | 24.3% | 6.7% | 36.4% | 46.1% | 0.42% | plus 7.2% |
| LALITHAALalithaa Jewellery Mart | 373.50 | plus 0.50% | 20,905 | 21.9 | 6.37 | 46.1% | 41.6% | 5.7% | 23.4% | 61.8% | 0.00% | plus 50.3% |
| PCJEWELLERPC Jeweller | 15.77 | plus 1.35% | 15,467 | 17.1 | 1.65 | 10.3% | 10.8% | 24.6% | 10.7% | – | 0.00% | plus 29.0% |
| SKYGOLDSKY GOLD AND DIAMONDS | 951.95 | plus 0.31% | 14,743 | 37.3 | 10.49 | 35.9% | 33.0% | 7.5% | 76.0% | 145.4% | 0.00% | plus 164.3% |
| THANGAMAYLThangamayil Jewellery | 4,148.20 | minus 4.32% | 12,893 | 32.9 | 8.57 | 34.2% | 29.3% | 6.5% | 39.2% | 64.0% | 0.43% | plus 42.6% |
| BLUESTONEBlueStone Jewellery and Lifestyle | 710.85 | minus 2.09% | 10,867 | 102.6 | 5.92 | 7.7% | 5.8% | 17.0% | 46.8% | – | 0.00% | plus 2.0% |
| KENVIKenvi Jewels | 1.76 | minus 1.68% | 22 | 19.6 | 1.58 | 11.6% | 4.7% | 1.5% | 26.6% | 17.3% | 0.00% | minus 39.1% |
| Median of 7 peers | – | 0.50% | 15,467 | 37.3 | 8.57 | 34.2% | 29.3% | 7.5% | 36.4% | 61.8% | 0.00% | 29.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 30.9 | 45.9 | 52.9 | 49.5 | 19.1 | |
| 30.6 | 45.3 | 52 | 49.2 | 18.4 | |
| 0.3 | 0.6 | 0.9 | 0.3 | 0.6 | |
| 1.0% | 1.4% | 1.7% | 0.6% | 3.3% | |
| 0 | 0 | −0 | 0 | 0 | |
| 0.1 | 0.2 | 0.3 | 0.3 | 0.3 | |
| – | – | – | 0.1 | – | |
| 0.2 | 0.5 | 0.6 | −0.1 | 0.4 | |
| 24.3% | 19.6% | 24.4% | −21.0% | 15.0% | |
| 0.2 | 0.4 | 0.5 | −0.2 | 0.3 | |
| 0.01 | 0.03 | 0.04 | -0.01 | 0.03 |
Profit & loss
- Sales CAGR 3Y
- +26.6%
- Profit CAGR 3Y
- +17.3%
- EPS CAGR 3Y
- +9.7%
- ROE
- 4.7%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 88.3 | 121 | 162 | 179 | |
| – | +37.6% | +33.4% | +10.6% | |
| 87.1 | 120 | 160 | 177 | |
| 1.1 | 1.4 | 2 | 2.1 | |
| 1.3% | 1.2% | 1.2% | 1.2% | |
| −0 | −0 | −0 | −0.2 | |
| 0.3 | 0.5 | 0.9 | 0.7 | |
| 0.1 | 0.1 | 0.1 | 0.1 | |
| 0.7 | 0.8 | 1 | 1.2 | |
| 27.0% | 19.0% | 22.3% | 26.7% | |
| 0.5 | 0.7 | 0.8 | 0.9 | |
| – | +22.8% | +14.1% | +15.1% | |
| 0.53 | 0.05 | 0.06 | 0.07 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 10.1 | 12.6 | 12.6 | 12.6 | |
| 3.6 | 1.7 | 2.4 | 3.3 | |
| 1 | 8.4 | 8.2 | 14 | |
| 0.3 | 0.8 | 0.7 | 0.9 | |
| 15 | 23.5 | 24 | 30.9 | |
| 0.3 | 0.3 | 0.3 | 0.2 | |
| 0.4 | 1 | 3.4 | 1.3 | |
| 14.3 | 22.2 | 20.3 | 29.4 | |
| 15 | 23.5 | 24 | 30.9 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 0 | 0.7 | 3.4 | −1.2 | |
| 0.1 | 0 | −0 | −0 | |
| −0.3 | −0.2 | −1 | −0.9 | |
| −0.1 | 0.6 | 2.4 | −2.1 | |
| – | −0.1 | −0 | −0 | |
| 0 | 0.7 | 3.4 | −1.2 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.