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PC Jeweller (PCJEWELLER) had a P/E of 17.1× on 6 Nov 2026, below the industry P/E of 19.6×, and the shares are 22% below their 52-week high. Sales grew 11% a year over 3 years, with ROCE of 10% and ROE of 11%. It carries very little debt. It is a small-cap company with a market cap of ₹15,467 Cr, ranked 4th of 82 Luxury Goods companies by market cap; the shares rose 29% over the past year.

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

past year
Open
₹15.50
Day high
₹15.94
Day low
₹15.21
Prev. close
₹15.56
Volume
43.5 Cr

Health check

1 good · 2 fair · 3 to check
  • ReturnsIn line

    +29.0% over a year, better than 4 of 7 peers.

  • Price tagIn line

    P/E 17.1 vs industry 19.6.

  • GrowthSlow

    Sales +10.7% a year over 3 years.

  • ProfitabilityWeak

    ROCE 10.3% vs peer median 35.1%.

  • Balance sheetSolid

    Practically debt-free, Piotroski 6 of 9.

  • Red flags1 to check

    Promoter stake down from 41.1% to 39.1%.

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

Luxury Goods

81 listed peers. Screen the industry

Small cap

₹15,467 Cr, #4 of 82 in its industry by size.

Defensive

Beta 0.22 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹3,734 Cr · profit ₹896 Cr
Market cap
₹15,467 Cr
Small cap
P/E
17.1
Industry 19.6
Price to book
1.65
Peers 8.57
Dividend yield
0.00%
ROE
10.8%
Peers 29.3%
ROCE
10.3%
Peers 35.1%
Debt to equity
0.04
Debt ₹339 Cr
EPS (TTM)
₹0.92
Face value ₹1
OPM (TTM)
24.6%
Net margin 24.0%
Sales growth
+27.8%
Latest quarter vs a year ago
Profit growth
+57.8%
Latest quarter vs a year ago
Price to sales
4.14
EV/EBITDA 17.4

Strengths and risks

Strengths

  • Practically debt-free.
  • Quarterly profit up 57.8% on a year ago.
  • Quarterly sales up 27.8% on a year ago.
  • Net margin of 24.0%.

Risks to check

  • Promoter stake down from 41.1% to 39.1%.

Derived automatically from reported figures. Not a recommendation.

About PC Jeweller

PC Jeweller Limited manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewellery for men and women in India and internationally. It offers rings, earrings, pendants, chains, bracelets, nose pins, necklaces, and mangalsutra. It sells its jewellery through its retail showrooms, franchisee showrooms, and online. The company was incorporated in 2005 and is based in New Delhi, India.

Headquarters
New Delhi
Employees
700
Sector
Consumer Cyclical
ISIN
INE785M01021
Website
pcjeweller.com

Price range

52 weeks

₹7.47₹20.10

Today

₹15.21₹15.94
Avg volume (3M)
40 Cr
1-year return
plus 29.0%
From 52-week high
minus 21.5%

Peers · Luxury Goods

Compare with peersScreen the whole industry
Company
TITANTitan Company5,000.00plus 3.42%4,43,65663.128.2738.4%37.1%11.6%29.2%16.0%0.31%plus 26.8%
KALYANKJILKalyan Jewellers India590.75plus 5.49%61,01042.69.6626.7%24.3%6.7%36.4%46.1%0.45%plus 7.2%
LALITHAALalithaa Jewellery Mart373.50plus 0.50%20,90521.96.3746.1%41.6%5.7%23.4%61.8%0.00%plus 49.6%
PCJEWELLERPC Jeweller15.77plus 1.35%15,46717.11.6510.3%10.8%24.6%10.7%–0.00%plus 29.0%
SKYGOLDSKY GOLD AND DIAMONDS951.95plus 0.31%14,74337.310.4935.9%33.0%7.5%76.0%145.4%0.00%plus 164.3%
THANGAMAYLThangamayil Jewellery4,148.20minus 4.32%12,89332.98.5734.2%29.3%6.5%39.2%64.0%0.42%plus 42.6%
BLUESTONEBlueStone Jewellery and Lifestyle710.85minus 2.09%10,867102.65.927.7%5.8%17.0%46.8%–0.00%plus 2.0%
PNGJLP N Gadgil Jewellers589.60minus 1.88%8,67916.62.87–21.4%6.5%33.6%76.7%0.00%minus 9.7%
Median of 7 peers–0.31%14,74337.38.5735.1%29.3%6.7%36.4%62.9%0.00%26.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrSep 25Dec 25Mar 26Jun 26Sep 26
8258759278771,054
647674763635745
178202164242310
21.5%23.0%17.7%27.5%29.4%
69.725.118.92.235.6
36.330.324.713.58.7
5.25.45.25.55.8
–−0.70.1––
206190154225331
−1.7%0.1%0.4%1.3%0.0%
210190153222331
0.210.190.160.180.34

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+10.7%
ROE
10.8%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
2,4736052,2453,353
–minus 75.5%+270.8%+49.4%
2,2177711,8432,675
256−166402678
10.3%−27.4%17.9%20.2%
14740.1127196
49250551.3133
27.420.41820.8
8.718.6−6.7−6.4
−108−632453713
−88.3%0.4%−27.7%−0.1%
−203−629578714
-0.44-1.360.660.86

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
465465636865
3,2252,4665,5577,309
3,7364,1502,1511,167
20918868.484
7,6367,2698,4129,425
11470.393.395.8
0.7–––
10.900
44.57.363.760.8
7,4757,1918,2559,268
7,6367,2698,4129,425

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
99.563.9−633−77.5
29.97.12.53
−111−108688147
18.5−37.257.572.2
−2.9−0.1−0.6−3.3
96.663.7−633−80.8

Shareholding pattern

Source: NSE filings
39.1%
promoters
  • Promoters39.10%
  • Public60.90%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202639.10%60.90%plus 0.61
30 Jun 202638.49%61.51%0.00
10 Apr 202638.49%61.51%minus 2.23
31 Mar 202640.72%59.28%minus 0.38
28 Mar 202641.10%58.90%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you