Veerkrupa Jewellers (BSE: VEERKRUPA) had a P/E of 55.0× on 6 Nov 2026, above the industry P/E of 19.6×, and the shares are 37% below their 52-week high. Sales and net profit grew 47% and 59% a year over 3 years; its ROCE of 0.8% is the lowest among the 7 largest Luxury Goods peers. Debt is 0.58× equity. It is listed on an SME platform with a market cap of ₹7.21 Cr, ranked 81st of 82 Luxury Goods companies by market cap; the shares fell 31% over the past year.
- ₹0.60
- ₹0.60
- ₹0.52
- ₹0.59
- 1.3 L
Health check
- ReturnsBehind
−31.4% over a year, better than 0 of 7 peers.
- Price tagPricier
P/E 55.0 vs industry 19.6.
- GrowthSteady
Sales +46.7%, profit +59.4% a year over 3 years.
- ProfitabilityWeak
ROCE 0.8% vs peer median 34.2%.
- Balance sheetFair
Debt 0.58× equity, Piotroski 7 of 9.
- Red flags3 to check
Return on equity is low at 1.2%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹7.21 Cr
- Small cap
- P/E
- 55.0
- Industry 19.6
- Price to book
- 0.53
- Peers 8.57
- Dividend yield
- 0.00%
- ROE
- 1.2%
- Peers 29.3%
- ROCE
- 0.8%
- Peers 34.2%
- Debt to equity
- 0.58
- Debt ₹7.94 Cr
- EPS (TTM)
- ₹0.01
- OPM (TTM)
- 0.2%
- Net margin 0.3%
- Sales growth
- +66.1%
- Latest quarter vs a year ago
- Profit growth
- +15.2%
- Latest quarter vs a year ago
- Price to sales
- 0.12
- EV/EBITDA 108.8
Strengths and risks
Strengths
- Quarterly sales up 66.1% on a year ago.
Risks to check
- Return on equity is low at 1.2%.
- P/E of 55.0 against an industry P/E of 19.6.
- 37% below its 52-week high.
About Veerkrupa Jewellers
Veerkrupa Jewellers Limited manufactures and sells designer, traditional, modern, and combined design jewelry products in India. The company offers gold, silver, studded, and other jewelry products, including diamond, platinum, and other precious and semi-precious stones. Its products include chains, earrings, butties, rings, ear chains, nose-rings and nose pins, mangalsutra, gold and silver bars, bracelets, necklaces, bangles, etc. The company sells…
- Headquarters
- Ahmedabad
- Employees
- 5
- Sector
- Consumer Cyclical
- ISIN
- INE0ID001024
- Website
- veerkrupajewellers.com
Price range
- Avg volume (3M)
- 1.2 L
- 1-year return
- minus 31.4%
- From 52-week high
- minus 36.8%
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% |
| VEERKRUPAVeerkrupa Jewellers | 0.55 | minus 6.78% | 7 | 55.0 | 0.53 | 0.8% | 1.2% | 0.2% | 46.7% | 59.4% | 0.00% | minus 31.4% |
| 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
This company doesn’t report these figures in a format we can read yet.
Profit & loss
- Sales CAGR 3Y
- +46.7%
- Profit CAGR 3Y
- +59.4%
- ROE
- 1.2%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 18.8 | 13.9 | 29.3 | 59.4 | |
| – | minus 26.3% | +111.2% | +103.0% | |
| 18.7 | 13.5 | 29 | 59.3 | |
| 0.1 | 0.3 | 0.3 | 0.1 | |
| 0.3% | 2.3% | 0.9% | 0.2% | |
| 0 | −0 | −0 | 0 | |
| 0 | 0 | 0 | – | |
| 0 | 0 | 0 | 0 | |
| – | −0 | −0 | −0 | |
| 0.1 | 0.3 | 0.2 | 0.1 | |
| 18.0% | 14.2% | 11.1% | −62.6% | |
| 0 | 0.2 | 0.2 | 0.2 | |
| – | +492.7% | minus 18.2% | minus 16.4% | |
| 0.08 | 0.31 | 0.02 | – |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 7.9 | 7.9 | 13.1 | 13.1 | |
| 5.2 | 5.4 | 0.4 | 0.5 | |
| 1.1 | 1.9 | 8.9 | 7.9 | |
| 0.8 | 0.3 | 0.3 | 0.2 | |
| 15 | 15.5 | 22.6 | 21.8 | |
| 0 | 0.1 | 0.1 | 0.1 | |
| 0.2 | 1 | 1 | 0.4 | |
| 14.7 | 14.5 | 21.6 | 21.3 | |
| 15 | 15.5 | 22.6 | 21.8 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −8.8 | 0 | −6.9 | 0.4 | |
| −0 | 0.1 | −0 | −0 | |
| 8.8 | 0.8 | 6.9 | −0.9 | |
| 0 | 0.9 | −0 | −0.6 | |
| −0 | −0 | −0 | −0 | |
| −8.8 | −0 | −6.9 | 0.3 |
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.