Uday Jewellery Industries Ltd
Uday Jewellery Industries Ltd is engaged in the business of manufacturing, sale and trading of stone-studded gold jewellery, diamond-studded jewellery and silver items and cubic zirconia with natural and color stones in different geographical areas i.e. domestic sales and export sales. It is a part of Sanghi Group. [1][2][3]
- Market Cap ₹ 422 Cr.
- Current Price ₹ 126
- High / Low ₹ 181 / 119
- Stock P/E 22.3
- Book Value ₹ 54.9
- Dividend Yield 0.00 %
- ROCE 14.2 %
- ROE 11.8 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
- Company's median sales growth is 29.3% of last 10 years
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.8% over last 3 years.
* 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.
Quarterly Results
Figures in Rs. Crores
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 20 | 25 | 32 | 45 | 72 | 73 | 92 | 93 | 122 | 177 | 173 | 287 | 514 | |
| 19 | 24 | 30 | 44 | 68 | 68 | 82 | 86 | 114 | 163 | 160 | 271 | 489 | |
| Operating Profit | 1 | 1 | 1 | 2 | 4 | 5 | 10 | 8 | 8 | 13 | 13 | 16 | 25 |
| OPM % | 5% | 5% | 4% | 3% | 5% | 7% | 11% | 8% | 7% | 8% | 7% | 6% | 5% |
| 0 | 0 | 1 | 1 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 1 | 4 | |
| Interest | -0 | -0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 1 | 1 | 2 | 2 | 3 | 4 | 9 | 8 | 8 | 13 | 12 | 15 | 25 |
| Tax % | 18% | 18% | 19% | 27% | 21% | 23% | 26% | 26% | 27% | 26% | 27% | 26% | |
| 1 | 1 | 2 | 1 | 2 | 3 | 7 | 6 | 6 | 10 | 9 | 11 | 19 | |
| EPS in Rs | 0.83 | 1.02 | 1.50 | 1.04 | 1.41 | 1.59 | 3.15 | 2.63 | 2.59 | 4.31 | 3.96 | 4.74 | 8.11 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 28% |
| 5 Years: | 26% |
| 3 Years: | 33% |
| TTM: | 110% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 25% |
| 5 Years: | 9% |
| 3 Years: | 24% |
| TTM: | 91% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 3% |
| 3 Years: | 6% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 12% |
| 3 Years: | 13% |
| Last Year: | 12% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 11 | 12 | 12 | 12 | 18 | 20 | 23 | 23 | 23 | 23 | 23 | 24 | 25 |
| Reserves | -6 | -0 | 2 | 3 | 12 | 16 | 24 | 30 | 36 | 45 | 54 | 83 | 106 |
| -0 | -0 | 4 | 10 | 7 | 12 | 10 | 13 | 27 | 33 | 24 | 25 | 26 | |
| 0 | 0 | 0 | 0 | 1 | 1 | 2 | 1 | 2 | 5 | 9 | 2 | 12 | |
| Total Liabilities | 5 | 13 | 19 | 25 | 37 | 49 | 59 | 67 | 88 | 106 | 109 | 134 | 168 |
| 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 5 | 6 | 7 | |
| CWIP | -0 | -0 | -0 | -0 | -0 | -0 | -0 | 0 | 1 | 2 | -0 | -0 | -0 |
| Investments | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| 4 | 12 | 18 | 24 | 36 | 48 | 58 | 66 | 87 | 102 | 104 | 127 | 162 | |
| Total Assets | 5 | 13 | 19 | 25 | 37 | 49 | 59 | 67 | 88 | 106 | 109 | 134 | 168 |
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 | -6 | -1 | -5 | -7 | -9 | -2 | -1 | -14 | 2 | 12 | -18 | |
| -0 | 0 | 1 | -0 | 0 | 0 | 0 | 0 | -1 | -3 | -2 | -2 | |
| -0 | 6 | -0 | 5 | 9 | 7 | 2 | 2 | 13 | 4 | -11 | 18 | |
| Net Cash Flow | 0 | 0 | -0 | -0 | 2 | -2 | 0 | 2 | -2 | 4 | -1 | -2 |
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 | 23 | 43 | 90 | 70 | 96 | 98 | 123 | 114 | 103 | 92 | 101 | 88 |
| Inventory Days | 17 | 95 | 82 | 93 | 67 | 132 | 96 | 120 | 151 | 116 | 119 | 74 |
| Days Payable | 6 | 2 | -0 | 1 | 4 | 4 | 2 | 2 | 4 | 7 | 18 | 1 |
| Cash Conversion Cycle | 34 | 136 | 172 | 162 | 159 | 227 | 217 | 232 | 249 | 200 | 202 | 161 |
| Working Capital Days | 32 | 129 | 124 | 91 | 122 | 162 | 173 | 196 | 168 | 126 | 143 | 126 |
| ROCE % | 21% | 17% | 11% | 10% | 12% | 12% | 20% | 14% | 11% | 16% | 13% | 14% |
Insights
In beta| Mar 2020 | Mar 2021 | Dec 2023 | Mar 2025 | |
|---|---|---|---|---|
| Installed Manufacturing Capacity kgs per month |
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| Customer Concentration (Top 5 Customers) % |
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| Geographic Revenue Share - Telangana % |
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| Actual Production Volume (Utilization) kgs per month |
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| Number of Employees Absolute |
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| Revenue Contribution - Exports % |
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Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 9 Mar
-
Resignation Of Company Secretary Of Transferor Company Pursuant To Scheme Of Arrangement.
5 Mar - Narbada Gems amalgamated into Uday Jewellery; INC-28 filed Feb 19, 2026; company secretary resigned effective Feb 19, 2026.
-
Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations, 2015
5 Mar - Uday Jewellery adopted/amended Code for Fair Disclosure of UPSI on March 5, 2026.
-
Announcement under Regulation 30 (LODR)-Allotment
5 Mar - Allotment of 9,781,025 shares (including 3,418 fractional) on 05-Mar-2026 for amalgamation with Narbada Gems.
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Board Meeting Outcome for Outcome Of The Board Meeting For Meeting Held On 05.03.2026
5 Mar - Board approved allotment of 97,81,025 shares; authorized capital increased to Rs.47.5 crore (scheme effective).
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 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 2012
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Concalls
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Apr 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Dec 2023Transcript PPT
History & Overview[1]
The Company was incorporated on May 13, 1999 under the name of Net Trade Innovations Private Limited.The Company was subsequently converted into a Public Limited Company on February 16, 2000. The name of the Company was changed to Hifunda.Com Limited on February 18, 2000. On June 04, 2004, the Company again changed its name to Hifunda Ltd. and changed its various business activities.
The name was changed to Uday Jewellery Industries Limited on 17th October, 2011 post their takeover by the present management. Currently, Company is carrying on the business of Trading in cz and colour stone studded jewellery.