Vega Jewellers Ltd
Incorporated in 1982, Vega Jewellers Ltd is in the business of jewellery retailing.[1]
- Market Cap ₹ 227 Cr.
- Current Price ₹ 235
- High / Low ₹ 235 / 17.4
- Stock P/E 27.4
- Book Value ₹ 63.4
- Dividend Yield 0.00 %
- ROCE 2.53 %
- ROE 2.09 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.70 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -0.22% over last 3 years.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 60 | 71 | 98 | 36 | 38 | 25 | 4 | 2 | 0 | -0 | -0 | 10 | 287 | |
| 58 | 69 | 97 | 35 | 38 | 25 | 4 | 2 | 0 | 0 | 0 | 10 | 271 | |
| Operating Profit | 1 | 2 | 1 | 1 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | 16 |
| OPM % | 2% | 3% | 1% | 2% | 1% | 2% | -5% | -6% | -100% | -1% | 6% | ||
| 0 | 0 | 0 | 0 | 1 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 1 | 2 | 1 | 1 | 1 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 1 |
| Profit before tax | 0 | 0 | -0 | 0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 0 | 11 |
| Tax % | 39% | 19% | 8% | 100% | -0% | 5% | -0% | -0% | -67% | 124% | 26% | 22% | |
| 0 | 0 | -0 | -0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 0 | 8 | |
| EPS in Rs | 2.29 | 4.38 | -2.71 | -0.00 | -1.88 | 7.71 | -3.96 | -1.25 | 3.12 | -7.92 | 3.33 | 3.96 | 10.95 |
| Dividend Payout % | 44% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -18% |
| 5 Years: | 24% |
| 3 Years: | 456% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 25% |
| 3 Years: | 8% |
| TTM: | 3504% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 1278% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | 0% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 10 |
| Reserves | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 15 | 52 |
| 12 | 18 | 8 | 10 | 9 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 108 | |
| 7 | 9 | 13 | 3 | 6 | 1 | 1 | 0 | 0 | 0 | 1 | 2 | 144 | |
| Total Liabilities | 22 | 30 | 24 | 15 | 18 | 4 | 4 | 3 | 3 | 2 | 3 | 18 | 313 |
| 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 18 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | 31 |
| 22 | 30 | 23 | 15 | 17 | 4 | 4 | 3 | 3 | 2 | 3 | 18 | 264 | |
| Total Assets | 22 | 30 | 24 | 15 | 18 | 4 | 4 | 3 | 3 | 2 | 3 | 18 | 313 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -5 | 11 | -2 | 2 | 2 | -0 | -0 | -0 | -0 | -0 | 0 | |
| 0 | 1 | 0 | 1 | 0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | |
| -1 | 4 | -12 | 1 | -2 | -2 | -0 | -0 | -0 | -0 | -0 | 13 | |
| Net Cash Flow | 1 | -0 | -0 | -0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | 14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 95 | 133 | 83 | 146 | 154 | 23 | -0 | 2 | -0 | 92 | ||
| Inventory Days | 3 | 6 | -0 | -0 | 0 | 0 | 1 | 2 | 24 | |||
| Days Payable | 36 | 41 | 56 | 3 | 1 | 2 | 59 | |||||
| Cash Conversion Cycle | 62 | 98 | 83 | 146 | 98 | 21 | -0 | 2 | -0 | 57 | ||
| Working Capital Days | 4 | 9 | 7 | 24 | 22 | 36 | 253 | 433 | 3,042 | 56 | ||
| ROCE % | 9% | 12% | 8% | 10% | 9% | 7% | -6% | -2% | 4% | -7% | 10% | 3% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11h - Certificate under Reg 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended 31.12.2025.
-
Announcement under Regulation 30 (LODR)-Allotment
3 Jan - Board approved 5,00,000 warrants @Rs197.42 (Rs9.87 crore) preferentially allotted to promoters on Jan 3, 2026.
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 03.01.2026 Under Regulation 30 Of SEBI (LODR) Regulations, 2015
3 Jan - 03.01.2026: Allotment of 500,000 warrants at Rs.197.42 each (Rs.9.87 crore); Rs.2.46775 crore received.
- Closure of Trading Window 2 Jan
-
Board Meeting Intimation for Allotment Of 5,00,000 Convertible Warrants On Preferential Basis To Promoters
31 Dec - Board meeting 03 Jan 2026 to allot 500,000 warrants at Rs.197.42 each on preferential basis.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Financial Year 2007
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Financial Year 2006
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Business Overview:[1]
VJL is in the business of design and retail of fine
jewellery, including gold, diamond, platinum, and
gemstone collections. It operates across Telangana, Andhra Pradesh with retail
stores, and limited exports to the USA