PC Jeweller Ltd
PC Jeweller is engaged in the business of manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The Company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai based firms. [1] The company has a team of in-house designers.
- Market Cap ₹ 8,078 Cr.
- Current Price ₹ 12.7
- High / Low ₹ 19.6 / 4.41
- Stock P/E 14.0
- Book Value ₹ 9.69
- Dividend Yield 0.00 %
- ROCE 6.50 %
- ROE 12.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 49.0% CAGR over last 5 years
- Debtor days have improved from 153 to 57.1 days.
Cons
- Promoter holding has decreased over last quarter: -3.72%
- The company has delivered a poor sales growth of -14.6% over past five years.
- Company has a low return on equity of -3.60% 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
Sector: Diamond, Gems and Jewellery Industry: Diamond Cutting / Jewellery
Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary Nifty Microcap 250 Nifty Total Market
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
5,325 | 6,349 | 7,232 | 8,099 | 9,486 | 8,369 | 4,939 | 2,668 | 1,573 | 2,358 | 189 | 2,243 | |
4,726 | 5,619 | 6,473 | 7,338 | 8,473 | 8,085 | 4,484 | 2,265 | 1,672 | 2,226 | 358 | 1,854 | |
Operating Profit | 599 | 730 | 759 | 761 | 1,012 | 284 | 455 | 403 | -99 | 132 | -169 | 389 |
OPM % | 11% | 12% | 10% | 9% | 11% | 3% | 9% | 15% | -6% | 6% | -89% | 17% |
36 | 59 | 51 | 109 | 100 | 85 | 77 | 31 | 60 | 148 | 44 | 128 | |
Interest | 153 | 227 | 251 | 282 | 321 | 349 | 374 | 396 | 442 | 499 | 505 | 51 |
Depreciation | 12 | 23 | 23 | 22 | 20 | 17 | 35 | 33 | 26 | 26 | 20 | 17 |
Profit before tax | 469 | 539 | 536 | 566 | 770 | 3 | 124 | 4 | -508 | -245 | -649 | 448 |
Tax % | 24% | 30% | 26% | 24% | 26% | 202% | 36% | -1,280% | -23% | 38% | 0% | -28% |
356 | 378 | 399 | 431 | 567 | -3 | 78 | 61 | -390 | -339 | -649 | 575 | |
EPS in Rs | 0.99 | 1.06 | 1.11 | 1.20 | 1.44 | -0.01 | 0.20 | 0.13 | -0.84 | -0.73 | -1.40 | 0.90 |
Dividend Payout % | 15% | 15% | 15% | 4% | 3% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | -10% |
5 Years: | -15% |
3 Years: | 13% |
TTM: | 1084% |
Compounded Profit Growth | |
---|---|
10 Years: | 5% |
5 Years: | 49% |
3 Years: | 51% |
TTM: | 189% |
Stock Price CAGR | |
---|---|
10 Years: | -4% |
5 Years: | 63% |
3 Years: | 83% |
1 Year: | 167% |
Return on Equity | |
---|---|
10 Years: | 2% |
5 Years: | -4% |
3 Years: | -4% |
Last Year: | 13% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 179 | 179 | 179 | 179 | 394 | 395 | 395 | 465 | 465 | 465 | 465 | 636 |
Reserves | 1,503 | 1,811 | 2,231 | 3,188 | 3,531 | 3,542 | 3,607 | 3,810 | 3,418 | 3,080 | 2,433 | 5,522 |
1,004 | 682 | 970 | 803 | 1,116 | 2,121 | 2,426 | 2,414 | 3,391 | 3,736 | 4,150 | 2,151 | |
1,546 | 2,039 | 2,356 | 3,048 | 3,919 | 1,607 | 1,454 | 1,174 | 263 | 209 | 188 | 68 | |
Total Liabilities | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,490 | 7,236 | 8,377 |
84 | 90 | 90 | 84 | 77 | 59 | 151 | 126 | 107 | 104 | 61 | 84 | |
CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 |
Investments | 185 | 13 | 8 | 143 | 153 | 144 | 144 | 144 | 136 | 136 | 136 | 134 |
3,963 | 4,609 | 5,639 | 6,990 | 8,731 | 7,461 | 7,586 | 7,593 | 7,294 | 7,250 | 7,038 | 8,159 | |
Total Assets | 4,233 | 4,712 | 5,737 | 7,217 | 8,961 | 7,664 | 7,882 | 7,864 | 7,538 | 7,490 | 7,236 | 8,377 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-786 | 334 | 70 | 827 | 334 | -1,837 | 60 | 97 | -727 | 96 | -15 | -633 | |
246 | 213 | -86 | -645 | -350 | 886 | 41 | 98 | 118 | 38 | 7 | 3 | |
571 | -566 | 17 | 101 | 23 | 651 | -169 | -155 | 575 | -115 | -29 | 688 | |
Net Cash Flow | 31 | -19 | 1 | 283 | 7 | -300 | -68 | 40 | -34 | 19 | -37 | 57 |
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 | 43 | 44 | 46 | 57 | 68 | 77 | 132 | 179 | 72 | 50 | 352 | 57 |
Inventory Days | 194 | 219 | 227 | 213 | 231 | 234 | 447 | 989 | 1,461 | 1,031 | 7,126 | 1,334 |
Days Payable | 105 | 123 | 127 | 145 | 160 | 59 | 92 | 157 | 4 | 3 | 18 | 3 |
Cash Conversion Cycle | 132 | 140 | 146 | 125 | 140 | 252 | 487 | 1,010 | 1,528 | 1,077 | 7,459 | 1,388 |
Working Capital Days | 137 | 126 | 140 | 114 | 119 | 233 | 423 | 825 | 1,311 | 898 | 10,653 | 1,110 |
ROCE % | 29% | 28% | 26% | 22% | 24% | 6% | 8% | 6% | -1% | 3% | -2% | 6% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
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Statement Of Deviation Or Variation In Utilization Of Issue Proceeds
25 May - No deviation in utilization of ₹270.08 Cr preferential issue proceeds; ₹251.18 Cr utilized by Mar 2025.
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Board Comments On Fines Levied By The Exchanges
25 May - PC Jeweller paid 11,800 INR fines for SEBI non-compliance on board composition and voting result delays.
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Results Presentation
25 May - Q4 FY25 sales Rs699cr vs Rs48cr; PAT Rs95cr vs loss; 50% debt reduced, aiming debt free FY26.
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Board Meeting Outcome for Audited Results For Quarter And Year Ended March 31, 2025
25 May - PC Jeweller reports FY25 audited results with ₹1512 Cr export receivables issue, ₹1509 Cr debt settled via share allotment.
Annual reports
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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 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Business Overview
The company is involved in the trading, manufacturing, and sale of gold, diamonds, precious stones, gold and diamond-studded jewelry, and silver articles. It has launched various jewelry collections, including Anant, Dashavatar, Bandhan, Amour, and the Wedding Collection. [1]