On 6 Nov 2026, Khazanchi Jewellers was priced at ₹710.90, or 17.3× trailing earnings, against an industry P/E of 19.6×. Sales and net profit grew 62% and 128% a year over 3 years; its ROCE of 39% is the second-highest among the 7 largest Luxury Goods peers. Debt is 0.35× equity. It is a small-cap company with a market cap of ₹1,545 Cr, ranked 23rd of 82 Luxury Goods companies by market cap; the shares fell 1.3% over the past year.
- ₹724.75
- ₹724.80
- ₹709.00
- ₹718.85
- 39.6K
Health check
- ReturnsBehind
−1.3% over a year, better than 0 of 7 peers.
- Price tagIn line
P/E 17.3 vs industry 19.6.
- GrowthStrong
Sales +62.1%, profit +127.7% a year over 3 years.
- ProfitabilityStrong
ROCE 39.4% vs peer median 34.2%.
- Balance sheetFair
Debt 0.35× equity, interest covered 22.7×, Piotroski 4 of 9.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹1,545 Cr
- Small cap
- P/E
- 17.3
- Industry 19.6
- Price to book
- 5.51
- Peers 8.57
- Dividend yield
- 0.00%
- ROE
- 32.5%
- Peers 29.3%
- ROCE
- 39.4%
- Peers 34.2%
- Debt to equity
- 0.35
- Debt ₹110 Cr
- EPS (TTM)
- ₹41.14
- Face value ₹10
- OPM (TTM)
- 6.4%
- Net margin 4.4%
- Sales growth
- +45.1%
- Latest quarter vs a year ago
- Profit growth
- +83.7%
- Latest quarter vs a year ago
- Price to sales
- 0.75
- EV/EBITDA 14.9
Strengths and risks
Strengths
- Return on equity of 32.5%.
- Return on capital employed of 39.4%.
- Quarterly profit up 83.7% on a year ago.
- Quarterly sales up 45.1% on a year ago.
About Khazanchi Jewellers
Khazanchi Jewellers Limited engages in the wholesale and retail of jewelry products in India. The company offers a range of gold, silver, diamond, precious stone, and temple jewelry; bridal, contemporary, and occasion-based collections; and designer pieces, bullion products, and coins. It sells its products through its showroom. Khazanchi Jewellers Limited was founded in 1971 and is based in Chennai, India.
- Headquarters
- Chennai
- Employees
- 86
- Sector
- Consumer Cyclical
- ISIN
- INE0OWC01011
- Website
- khazanchi.co.in
Price range
- Avg volume (3M)
- 19.6K
- 1-year return
- minus 1.3%
- From 52-week high
- minus 3.9%
Peers · Luxury Goods
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TITANTitan Company | 5,000.00 | plus 3.42% | 4,43,656 | 63.1 | 28.27 | 38.4% | 37.1% | 11.6% | 29.2% | 16.0% | 0.31% | 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% | 0.45% | 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 49.6% |
| 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% | 0.42% | 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% |
| KHAZANCHIKhazanchi Jewellers | 710.90 | minus 1.11% | 1,759 | 17.3 | 5.51 | 39.4% | 32.5% | 7.1% | 62.1% | 127.8% | 0.00% | minus 1.3% |
| 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 |
|---|---|---|---|---|---|
| 404 | 549 | 589 | 508 | 586 | |
| 383 | 516 | 554 | 471 | 546 | |
| 21.1 | 32.3 | 35.1 | 36.7 | 39.3 | |
| 5.2% | 5.9% | 6.0% | 7.2% | 6.7% | |
| 0.1 | 0.3 | 0.2 | 1.1 | 0.6 | |
| 0.9 | 1 | 1.1 | 2.5 | 2.3 | |
| 0 | 0 | 0.2 | 0.3 | 0.6 | |
| 20.2 | 31.5 | 34 | 35 | 37.1 | |
| 25.0% | 25.3% | 26.2% | 26.8% | 24.9% | |
| 15.2 | 23.5 | 25.1 | 25.6 | 27.8 |
Profit & loss
- Sales CAGR 3Y
- +62.1%
- Profit CAGR 3Y
- +127.7%
- ROE
- 32.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 481 | 821 | 1,772 | 2,049 | |
| – | +70.8% | +115.9% | +15.6% | |
| 465 | 780 | 1,707 | 1,924 | |
| 15.6 | 41 | 64.7 | 125 | |
| 3.3% | 5.0% | 3.7% | 6.1% | |
| 0.8 | 0.7 | 0.6 | 1.7 | |
| 6.4 | 4.8 | 3.8 | 5.6 | |
| 0.1 | 0.3 | 0.3 | 0.6 | |
| 0.3 | 0 | −0.4 | – | |
| 10.3 | 36.7 | 60.8 | 121 | |
| 26.3% | 25.6% | 26.1% | 26.0% | |
| 7.6 | 27.3 | 45 | 89.4 | |
| – | +261.1% | +64.6% | +98.9% |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.9 | 24.7 | 24.7 | 24.7 | |
| 26.1 | 163 | 207 | 295 | |
| 84.6 | 54.8 | 65.2 | 110 | |
| 24.4 | 3.9 | 9.6 | 35.6 | |
| 145 | 246 | 306 | 466 | |
| 12.6 | 15.3 | 19.3 | 25.2 | |
| – | 2.2 | 6.4 | – | |
| 1 | 3.4 | 4.3 | – | |
| 0.3 | 0.9 | 2.7 | 7.5 | |
| 131 | 225 | 274 | 433 | |
| 145 | 246 | 306 | 466 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 5.8 | −83.4 | 1.1 | −35.8 | |
| −1.2 | −5.8 | −4.6 | −1.8 | |
| −5.9 | 89.8 | 5.4 | 38.4 | |
| −1.3 | 0.6 | 1.8 | 0.8 | |
| −0.8 | −2.9 | −4.3 | −6.5 | |
| 5 | −86.3 | −3.2 | −42.3 | |
| – | – | −1.2 | −1.2 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.