Narbada Gems & Jewellery Ltd
            ₹ 72.0
            
              
                
                3.26%
              
            
          
          
            
              04 Nov
              
                11:26 a.m.
              
            
          
        About
          Incorporated in 1992, Narbada Gems and Jewellery Ltd manufactures and trades in Gold, Color Stones and Diamond jewellery with emphasis on rose cut and flat diamond jewellery[1]
Key Points
            - Market Cap ₹ 152 Cr.
 - Current Price ₹ 72.0
 - High / Low ₹ 77.0 / 48.0
 - Stock P/E 32.7
 - Book Value ₹ 25.8
 - Dividend Yield 0.00 %
 - ROCE 11.4 %
 - ROE 9.27 %
 - Face Value ₹ 10.0
 
Pros
- Company is expected to give good quarter
 
Cons
- Stock is trading at 2.80 times its book value
 - Though the company is reporting repeated profits, it is not paying out dividend
 - The company has delivered a poor sales growth of 9.03% over past five years.
 - Company has a low return on equity of 9.63% over last 3 years.
 - Debtor days have increased from 66.6 to 87.7 days.
 
* 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.
Loading peers table ...
      Quarterly Results
Figures in Rs. Crores
          
            Upcoming result date: 14 November 2025
          
        
      
    Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 16.16 | 16.40 | 13.12 | 11.58 | 26.27 | 40.57 | 55.43 | 38.00 | 60.63 | 93.05 | 84.32 | 85.39 | 82.72 | |
| 15.60 | 15.86 | 12.44 | 11.22 | 24.58 | 38.32 | 51.33 | 34.70 | 55.45 | 87.34 | 75.42 | 75.92 | 73.55 | |
| Operating Profit | 0.56 | 0.54 | 0.68 | 0.36 | 1.69 | 2.25 | 4.10 | 3.30 | 5.18 | 5.71 | 8.90 | 9.47 | 9.17 | 
| OPM % | 3.47% | 3.29% | 5.18% | 3.11% | 6.43% | 5.55% | 7.40% | 8.68% | 8.54% | 6.14% | 10.56% | 11.09% | 11.09% | 
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 | 0.08 | 0.23 | 0.31 | 0.51 | 0.11 | 0.14 | 0.10 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.30 | 0.76 | 0.62 | 0.70 | 1.31 | 1.76 | 2.37 | 2.30 | 
| Depreciation | 0.02 | 0.01 | 0.02 | 0.02 | 0.02 | 0.07 | 0.15 | 0.15 | 0.16 | 0.21 | 0.37 | 0.61 | 0.63 | 
| Profit before tax | 0.54 | 0.53 | 0.66 | 0.34 | 1.58 | 2.01 | 3.27 | 2.76 | 4.63 | 4.70 | 6.88 | 6.63 | 6.34 | 
| Tax % | 20.37% | 18.87% | 22.73% | 32.35% | 28.48% | 27.86% | 25.69% | 26.09% | 25.49% | 24.26% | 26.02% | 26.40% | |
| 0.43 | 0.42 | 0.51 | 0.24 | 1.13 | 1.44 | 2.43 | 2.03 | 3.46 | 3.55 | 5.08 | 4.89 | 4.66 | |
| EPS in Rs | 0.80 | 0.78 | 0.95 | 0.81 | 1.41 | 1.45 | 2.02 | 1.34 | 1.96 | 1.68 | 2.40 | 2.31 | 2.20 | 
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% | 
| 5 Years: | 9% | 
| 3 Years: | 12% | 
| TTM: | -2% | 
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 28% | 
| 5 Years: | 15% | 
| 3 Years: | 13% | 
| TTM: | -9% | 
| Stock Price CAGR | |
|---|---|
| 10 Years: | 30% | 
| 5 Years: | 25% | 
| 3 Years: | 0% | 
| 1 Year: | -3% | 
| Return on Equity | |
|---|---|
| 10 Years: | 10% | 
| 5 Years: | 10% | 
| 3 Years: | 10% | 
| Last Year: | 9% | 
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5.42 | 5.42 | 5.42 | 2.99 | 8.04 | 9.97 | 12.08 | 15.21 | 17.70 | 21.18 | 21.18 | 21.18 | 
| Reserves | -2.91 | -2.49 | -1.98 | 0.68 | 4.33 | 5.66 | 7.96 | 14.71 | 18.86 | 23.37 | 28.45 | 33.35 | 
| 0.00 | 0.00 | 0.00 | 0.00 | 1.49 | 8.74 | 10.01 | 10.91 | 12.85 | 29.51 | 24.50 | 27.77 | |
| 0.15 | 1.35 | 1.67 | 0.38 | 2.01 | 1.11 | 1.59 | 0.57 | 4.72 | 8.12 | 3.03 | 9.54 | |
| Total Liabilities | 2.66 | 4.28 | 5.11 | 4.05 | 15.87 | 25.48 | 31.64 | 41.40 | 54.13 | 82.18 | 77.16 | 91.84 | 
| 0.10 | 0.10 | 0.08 | 0.06 | 0.10 | 1.04 | 0.94 | 0.83 | 1.18 | 1.31 | 4.25 | 4.36 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.14 | 0.55 | 2.24 | 0.00 | 0.00 | 
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.29 | 0.46 | 0.57 | 0.36 | 0.36 | 
| 2.56 | 4.18 | 5.03 | 3.99 | 15.77 | 24.44 | 30.70 | 40.14 | 51.94 | 78.06 | 72.55 | 87.12 | |
| Total Assets | 2.66 | 4.28 | 5.11 | 4.05 | 15.87 | 25.48 | 31.64 | 41.40 | 54.13 | 82.18 | 77.16 | 91.84 | 
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.56 | -0.37 | -0.14 | -0.05 | -8.88 | -7.76 | -2.50 | -7.11 | -4.53 | -14.94 | 4.92 | -0.10 | |
| -0.11 | -0.02 | 0.00 | 0.00 | -0.05 | -1.02 | -0.05 | -0.15 | -0.75 | -1.84 | -1.09 | -0.52 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 8.97 | 8.81 | 2.50 | 8.13 | 4.43 | 19.81 | -6.77 | 0.90 | |
| Net Cash Flow | 0.45 | -0.38 | -0.14 | -0.05 | 0.04 | 0.03 | -0.04 | 0.87 | -0.85 | 3.02 | -2.93 | 0.28 | 
Ratios
Figures in Rs. Crores
| 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 | 21.46 | 42.06 | 101.27 | 105.28 | 130.61 | 78.45 | 83.96 | 144.85 | 73.26 | 79.98 | 32.03 | 87.71 | 
| Inventory Days | 23.83 | 48.89 | 40.87 | 21.00 | 96.51 | 147.68 | 126.77 | 261.60 | 266.08 | 232.60 | 332.65 | 342.46 | 
| Days Payable | 2.67 | 31.16 | 48.79 | 9.45 | 27.55 | 8.49 | 9.81 | 2.78 | 27.64 | 33.29 | 4.32 | 32.76 | 
| Cash Conversion Cycle | 42.61 | 59.80 | 93.34 | 116.82 | 199.56 | 217.64 | 200.91 | 403.67 | 311.70 | 279.30 | 360.36 | 397.41 | 
| Working Capital Days | 40.20 | 57.42 | 90.42 | 112.53 | 168.26 | 133.60 | 125.97 | 283.07 | 213.05 | 148.79 | 190.38 | 207.31 | 
| ROCE % | 23.53% | 19.49% | 20.72% | 9.56% | 19.05% | 12.08% | 14.81% | 9.54% | 11.48% | 9.61% | 11.78% | 11.40% | 
Documents
Announcements
- 
        
          Announcement under Regulation 30 (LODR)-Newspaper Publication
          
            31 Oct - Newspaper Publication of notice of hearing of Petition under section 230-232 of the Companies Act, 2013 for the scheme of Arrangement for Amalgamation of Narbada …
 - 
        
          Board Meeting Intimation for Meeting To Be Held On 14.11.2025
          
            30 Oct - Board meeting 14 Nov 2025 to approve unaudited results for quarter/half-year ended 30 Sept 2025.
 - 
        
          Board Meeting Outcome for Meeting Held On 29-10-2025
          
            29 Oct - Board approved Kotak Mahindra Bank's ₹36.50 crore working-capital sanction (22 Oct 2025).
 - 
        
          Board Meeting Intimation for Meeting To Be Held On 29.10.2025.
          
            24 Oct - Board meeting on 29 Oct 2025 to note minutes and approve Kotak Mahindra bank sanction letter.
 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 15 Oct
 
Annual reports
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      Financial Year 2025
      from bse
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      Financial Year 2024
      from bse
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      Financial Year 2023
      from bse
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      Financial Year 2022
      from bse
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      Financial Year 2021
      from bse
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      Financial Year 2020
      from bse
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      Financial Year 2019
      from bse
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      Financial Year 2018
      from bse
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      Financial Year 2017
      from bse
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      Financial Year 2016
      from bse
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      Financial Year 2015
      from bse
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      Financial Year 2014
      from bse
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      Financial Year 2013
      from bse
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      Financial Year 2012
      from bse
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      Financial Year 2011
      from bse
 
Concalls
- 
      Apr 2024TranscriptNotesPPT
 
Business Overview:[1]
Company focuses on making handcrafted jewellery. It has its own in - house designing and development team which includes Jewellery designers, merchandisers and creative head