As of 6 Nov 2026, Manoj Jewellers trades at 2.5× trailing earnings, below the industry P/E of 19.6×, and the shares are 66% below their 52-week high. It earns ROCE of 28% and ROE of 34%, and sales and net profit grew 103% and 144% a year over 3 years. Debt is 0.45× equity. It is listed on an SME platform with a market cap of ₹36 Cr, ranked 64th of 82 Luxury Goods companies by market cap; the shares fell 60% over the past year.
- ₹18.70
- ₹20.50
- ₹18.70
- ₹19.67
- 72K
Health check
- ReturnsBehind
−59.8% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 2.5 vs industry 19.6.
- GrowthStrong
Sales +103.0%, profit +143.6% a year over 3 years.
- ProfitabilityAverage
ROCE 27.5% vs peer median 34.2%.
- Balance sheetSolid
Debt 0.45× equity, interest covered 12.6×, Piotroski 6 of 9.
- Red flags1 to check
66% below its 52-week high.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹36 Cr
- Small cap
- P/E
- 2.5
- Industry 19.6
- Price to book
- 0.46
- Peers 8.57
- Dividend yield
- 0.00%
- ROE
- 33.8%
- Peers 29.3%
- ROCE
- 27.5%
- Peers 34.2%
- Debt to equity
- 0.45
- Debt ₹17 Cr
- EPS (TTM)
- ₹8.00
- OPM (TTM)
- 12.0%
- Net margin 7.9%
- Sales growth
- +35.1%
- Latest quarter vs a year ago
- Profit growth
- +12.6%
- Latest quarter vs a year ago
- Price to sales
- 0.31
- EV/EBITDA 2.4
Strengths and risks
Strengths
- Return on equity of 33.8%.
- Return on capital employed of 27.5%.
- Quarterly sales up 35.1% on a year ago.
- P/E of 2.5 against an industry P/E of 19.6.
Risks to check
- 66% below its 52-week high.
About Manoj Jewellers
Manoj Jewellers Limited engages in the retail and wholesale of various jewelleries and ornaments made of gold and diamonds studded with precious and semiprecious stones in India. The company's products include rings, earrings, armlets, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery pieces. It sells its products through its stores, as well as through www.zullry.com. Manoj Jewellers Limited was incorporated…
- Headquarters
- Chennai
- Employees
- 21
- Sector
- Consumer Cyclical
- ISIN
- INE0MV001018
- Website
- manojjewellerslimited.com
Price range
- Avg volume (3M)
- 49.3K
- 1-year return
- minus 59.8%
- From 52-week high
- minus 66.4%
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% |
| MANOJJEWELManoj Jewellers | 20.00 | plus 1.68% | 36 | 2.5 | 0.46 | 27.5% | 33.8% | 12.0% | 103.0% | 143.6% | 0.00% | minus 59.8% |
| 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 | Mar 25 |
|---|---|
| 16.7 | |
| 15.2 | |
| 1.5 | |
| 9.1% | |
| −0 | |
| 0.4 | |
| 0.1 | |
| 0.1 | |
| 1.1 | |
| 9.5% | |
| 1 |
Profit & loss
- Sales CAGR 3Y
- +103.0%
- Profit CAGR 3Y
- +143.6%
- ROE
- 33.8%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.6 | 43.4 | 59.6 | 114 | |
| – | +218.1% | +37.5% | +91.5% | |
| 11.6 | 37.7 | 51.2 | 100 | |
| 2 | 5.6 | 8.4 | 14.1 | |
| 14.9% | 13.0% | 14.0% | 12.4% | |
| −0.1 | −0.1 | 0 | −0.3 | |
| 0.9 | 1 | 1.8 | 1 | |
| 0.1 | 0.1 | 0.2 | 0.2 | |
| – | −0 | – | −0.5 | |
| 0.9 | 4.5 | 6.3 | 12.2 | |
| 29.7% | 29.0% | 24.6% | 25.9% | |
| 0.6 | 3.2 | 4.8 | 9 | |
| – | +411.9% | +49.3% | +89.4% | |
| 0.53 | 2.73 | 4.08 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 6 | 6 | 6 | 9 | |
| 0.6 | 3.8 | 8.5 | 29.9 | |
| 5.7 | 15.4 | 18.7 | 17.3 | |
| 0.8 | 1 | 2 | 4.4 | |
| 13 | 26.2 | 35.3 | 60.6 | |
| 0.2 | 0.5 | 0.6 | 0.4 | |
| – | 0.3 | – | – | |
| 1.2 | 3.5 | 0.2 | 2 | |
| 11.6 | 21.9 | 34.4 | 58.2 | |
| 13 | 26.2 | 35.3 | 60.6 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.9 | −6 | −4.4 | −10.8 | |
| 0 | −0.3 | −0.3 | −0 | |
| −3.9 | 8.6 | 1.5 | 12.6 | |
| 1 | 2.3 | −3.3 | 1.7 | |
| – | −0.3 | −0.4 | −0 | |
| 4.9 | −6.3 | −4.8 | −10.8 |
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.