Palm Jewels share price, P/E, ROE & financials

As of 6 Nov 2026, Palm Jewels trades at 37.0× trailing earnings, above the industry P/E of 19.6×. Its ROCE of 8.8% is the second-lowest among the 7 largest Luxury Goods peers, and sales and net profit grew 23% and 49% a year over 3 years. Debt is 0.17× equity. It is a small-cap company with a market cap of ₹27 Cr, ranked 67th of 82 Luxury Goods companies by market cap; the shares rose 25% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Jun 2026.How we calculate this

past year

Open: ₹29.00
Day high: ₹29.00
Day low: ₹27.02
Prev. close: ₹28.44
Volume: 19.5K

Health check

1 good · 5 to check

ReturnsBehind
+25.1% over a year, better than 2 of 7 peers.
Price tagPricier
P/E 37.0 vs industry 19.6.
GrowthSlow
Sales +22.9%, profit +48.9% a year over 3 years.
ProfitabilityWeak
ROCE 8.8% vs peer median 34.2%.
Balance sheetSolid
Debt 0.17× equity, interest covered 13.7×, Piotroski 6 of 9.
Red flags3 to check
Return on equity is low at 6.1%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Luxury Goods

81 listed peers. Screen the industry

Small cap

₹27 Cr, #67 of 82 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Jun 2026: sales ₹191 Cr · profit ₹1 Cr

Market cap: ₹27 Cr; Small cap
P/E: 37.0; Industry 19.6
Price to book: 1.61; Peers 8.57
Dividend yield: 0.00%
ROE: 6.1%; Peers 29.3%
ROCE: 8.8%; Peers 34.2%
Debt to equity: 0.17; Debt ₹2.84 Cr
EPS (TTM): ₹0.74
OPM (TTM): 0.8%; Net margin 0.5%
Sales growth: +11.3%; Latest quarter vs a year ago
Profit growth: −13.7%; Latest quarter vs a year ago
Price to sales: 0.14; EV/EBITDA 18.5

Risks to check

Return on equity is low at 6.1%.
Quarterly profit down 13.7% on a year ago.
P/E of 37.0 against an industry P/E of 19.6.

No standout strengths in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Palm Jewels

Palm Jewels Limited engages in the wholesale trade of gold and silver jewellery in India. The company sells gold-based chains and mangal sutras, gold lucky, silver ornaments, silver payal, silver zuda, silver baccha items, bracelets, and necklaces. It also procures gold and silver through the bullion market. In addition, the company manufactures gold jewellery products. It markets its products to other jewellery stores through B2B and direct/outbound…

Headquarters: Ahmedabad
Employees: 18
Sector: Consumer Cyclical
ISIN: INE838Z01012
Website: palmjewelsltd.com

Price range

52 weeks

₹14.12₹29.80

Today

₹27.02₹29.00

Avg volume (3M): 29.8K
1-year return: plus 25.1%
From 52-week high: minus 8.2%

Peers · Luxury Goods

Compare with peers Screen the whole industry

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%
PALMJEWELSPalm Jewels	27.36	minus 3.80%	27	37.0	1.61	8.8%	6.1%	0.8%	22.9%	48.9%	0.00%	plus 25.1%
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

Consolidated, ₹ crore

SalesSelect a row below to chart it

Jun 25	Sep 25	Dec 25	Mar 26	Jun 26
36.3	41.6	58.2	49.2	40.4
35.8	41.3	57.6	49	40
0.4	0.3	0.6	0.3	0.4
1.1%	0.7%	1.0%	0.6%	0.9%
0	0	0	0	0
0	0	0	0	0
0	0	0	0	0
0.3	0.2	0.5	0.2	0.3
25.3%	25.0%	24.3%	34.0%	28.6%
0.3	0.2	0.4	0.2	0.2
0.02	0.19	0.40	0.15	0.01

Profit & loss

Yearly, ₹ crore

Sales CAGR 3Y: +22.9%
Profit CAGR 3Y: +48.9%
EPS CAGR 3Y: +48.9%
ROE: 6.1%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
99.7	161	190	185
–	+61.0%	+18.2%	minus 2.3%
99.2	160	189	184
0.5	0.8	1.1	1.6
0.5%	0.5%	0.6%	0.9%
0.2	0	−0	−0
0.2	0.2	0.2	0.1
0.1	0.2	0.2	0.2
–	−0	–	–
0.4	0.5	0.7	1.4
23.4%	25.8%	23.7%	26.4%
0.3	0.3	0.5	1
–	+12.3%	+60.1%	+83.6%
0.30	0.34	0.54	0.99

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
10	10	10	10
4.6	4.9	5.4	6.4
1.8	0.8	3.7	2.6
0.4	0.9	0.7	1.4
16.7	16.6	19.9	20.5
0.5	1	0.8	0.7
–	0	0.1	0
0.4	0.2	0.8	0.2
15.8	15.4	18.2	19.6
16.7	16.6	19.9	20.5

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
2.6	2.8	−2.1	0.7
−0	0.4	−0	−0
−2.6	−1.1	2.7	−1.2
−0.1	2.1	0.6	−0.6
−0	–	−0	−0
2.5	2.8	−2.1	0.7

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

BSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you