Motisons Jewellers (MOTISONS) had a P/E of 23.0× on 6 Nov 2026, above the industry P/E of 19.6×, and the shares are 27% below their 52-week high. It earns ROCE of 18% and ROE of 14%, and sales and net profit grew 10% and 42% a year over 3 years. The company has almost no debt. It is a small-cap company with a market cap of ₹1,651 Cr, ranked 24th of 82 Luxury Goods companies by market cap; the shares fell 8.9% over the past year.
- ₹15.12
- ₹15.40
- ₹14.41
- ₹15.12
- 4.8 Cr
Health check
- ReturnsBehind
−8.9% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 23.0 vs industry 19.6.
- GrowthSlow
Sales +10.2%, profit +42.1% a year over 3 years.
- ProfitabilityWeak
ROCE 18.0% vs peer median 34.2%.
- Balance sheetSolid
Debt 0.08× equity, interest covered 14.4×.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,651 Cr
- Small cap
- P/E
- 23.0
- Industry 19.6
- Price to book
- 3.02
- Peers 8.57
- Dividend yield
- 0.00%
- ROE
- 14.0%
- Peers 29.3%
- ROCE
- 18.0%
- Peers 34.2%
- Debt to equity
- 0.08
- Debt ₹39 Cr
- EPS (TTM)
- ₹0.63
- Face value ₹1
- OPM (TTM)
- 17.8%
- Net margin 13.1%
- Sales growth
- +23.3%
- Latest quarter vs a year ago
- Profit growth
- +37.6%
- Latest quarter vs a year ago
- Price to sales
- 3.24
- EV/EBITDA 16.3
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 37.6% on a year ago.
- Quarterly sales up 23.3% on a year ago.
About Motisons Jewellers
Motisons Jewellers Limited engages in the manufacture and retail of jewelry in India. It offers necklaces, earrings, pendants, bracelets, rings, and mangalsutras made of gold, diamond, kundan, pearl, silver, earth, platinum, precious, semi-precious stones, and other metals. The company also offers gold and silver coins, utensils, and various artifacts. It serves its customers through its online platform. The company was founded in 1997 and is based in…
- Headquarters
- Jaipur
- Employees
- 179
- Sector
- Consumer Cyclical
- ISIN
- INE0FRK01020
- Website
- motisonsjewellers.com
Price range
- Avg volume (3M)
- 5.5 Cr
- 1-year return
- minus 8.9%
- From 52-week high
- minus 26.6%
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% |
| MOTISONSMotisons Jewellers | 14.51 | minus 4.03% | 1,651 | 23.0 | 3.02 | – | 13.1% | 14.8% | – | – | 0.00% | minus 8.9% |
| 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 |
|---|---|---|---|---|---|
| 87 | 90.5 | 175 | 137 | 107 | |
| 74.3 | 59.9 | 139 | 129 | 91 | |
| 12.8 | 30.5 | 35.3 | 8.4 | 16.3 | |
| 14.7% | 33.8% | 20.2% | 6.1% | 15.2% | |
| 0 | 0 | 0.5 | 5.8 | 0 | |
| 1.5 | 1.3 | 1.2 | 2 | 1.1 | |
| 0.5 | 0.4 | 0.5 | 0.4 | 0.4 | |
| 10.8 | 28.8 | 34.1 | 11.7 | 14.8 | |
| 25.5% | 25.7% | 23.9% | 26.4% | 25.5% | |
| 8 | 21.4 | 25.9 | 8.3 | 11 | |
| 0.07 | 0.20 | 0.24 | 0.08 | 0.11 |
Profit & loss
- Sales CAGR 3Y
- +10.2%
- Profit CAGR 3Y
- +42.1%
- EPS CAGR 3Y
- +42.3%
- ROE
- 14.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 366 | 417 | 462 | 490 | |
| – | +13.8% | +10.9% | +5.9% | |
| 317 | 353 | 393 | 403 | |
| 49 | 63.3 | 69.5 | 87 | |
| 13.4% | 15.2% | 15.0% | 17.8% | |
| 0.1 | 0.4 | 0.7 | 0.1 | |
| 17.8 | 17.2 | 8.8 | 6 | |
| 1.9 | 1.8 | 2 | 1.9 | |
| 0.5 | −0.3 | 0 | 5.9 | |
| 29.9 | 44.5 | 59.4 | 85.1 | |
| 25.8% | 27.7% | 27.3% | 25.1% | |
| 22.2 | 32.2 | 43.2 | 63.7 | |
| – | +45.2% | +33.9% | +47.6% | |
| 0.23 | 0.43 | 0.42 | 0.65 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 65 | 98.4 | 98.4 | 100 | |
| 72.4 | 230 | 315 | 399 | |
| 168 | 111 | 72.4 | 38.9 | |
| 31.2 | 35.6 | 22.3 | 34.7 | |
| 337 | 475 | 508 | 573 | |
| 7.3 | 7.2 | 5.6 | 5.1 | |
| – | 0 | – | 0.1 | |
| 2.7 | 32.7 | 7.1 | 15.7 | |
| 327 | 435 | 495 | 552 | |
| 337 | 475 | 508 | 573 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 3.8 | −52.5 | −21.6 | 27.5 | |
| 1.8 | −2.9 | 0.6 | −1.8 | |
| −8.4 | 85.4 | −4.7 | −16.9 | |
| −2.8 | 30 | −25.6 | 8.7 | |
| – | −1.7 | −0.4 | −1.9 | |
| 3.8 | −54.2 | −22 | 25.6 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.