Veerkrupa Jewellers Ltd
₹ 0.89
-2.20%
29 Oct
- close price
About
Incorporated in 2019, Veerkrupa Jewellers Ltd is in the business of retailing and wholesaling of jewellery.[1]
Key Points
- Market Cap ₹ 11.7 Cr.
- Current Price ₹ 0.89
- High / Low ₹ 1.67 / 0.83
- Stock P/E 58.3
- Book Value ₹ 1.03
- Dividend Yield 0.00 %
- ROCE 1.17 %
- ROE 1.49 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.87 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 26.8%
- Company has a low return on equity of 1.35% over last 3 years.
- Company might be capitalizing the interest cost
- Promoter holding has decreased over last 3 years: -22.7%
* 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.
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Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 1.62 | 10.95 | 4.63 | 12.26 | 18.80 | 13.85 | 29.26 | |
| 1.44 | 10.94 | 4.60 | 12.22 | 18.74 | 13.54 | 29.01 | |
| Operating Profit | 0.18 | 0.01 | 0.03 | 0.04 | 0.06 | 0.31 | 0.25 |
| OPM % | 11.11% | 0.09% | 0.65% | 0.33% | 0.32% | 2.24% | 0.85% |
| 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.12 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 |
| Depreciation | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 |
| Profit before tax | 0.09 | 0.00 | 0.02 | 0.01 | 0.05 | 0.28 | 0.22 |
| Tax % | 0.00% | 0.00% | 0.00% | 20.00% | 14.29% | 9.09% | |
| 0.08 | 0.01 | 0.01 | 0.01 | 0.04 | 0.24 | 0.20 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 34% |
| TTM: | 111% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 82% |
| 3 Years: | 171% |
| TTM: | -17% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -40% |
| 1 Year: | -45% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.61 | 1.87 | 1.87 | 4.86 | 7.86 | 7.86 | 13.11 |
| Reserves | 0.08 | 3.03 | 3.04 | 0.05 | 5.20 | 5.43 | 0.37 |
| 1.95 | 0.00 | 0.00 | 0.42 | 1.13 | 1.92 | 8.87 | |
| 0.71 | 0.31 | 5.44 | 4.84 | 0.83 | 0.34 | 0.29 | |
| Total Liabilities | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 15.55 | 22.64 |
| 0.56 | 0.04 | 0.06 | 0.05 | 0.04 | 0.05 | 0.07 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.12 | 0.00 | 0.00 | 0.00 | 0.12 | 0.00 | 0.00 |
| 2.67 | 5.17 | 10.29 | 10.12 | 14.86 | 15.50 | 22.57 | |
| Total Assets | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 15.55 | 22.64 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -0.49 | -4.34 | 0.04 | -0.33 | -8.78 | 0.01 | -6.89 | |
| 0.19 | -0.04 | 0.09 | -0.01 | -0.01 | 0.09 | -0.04 | |
| 0.29 | 4.89 | 0.00 | 0.42 | 8.81 | 0.79 | 6.92 | |
| Net Cash Flow | 0.00 | 0.51 | 0.13 | 0.08 | 0.01 | 0.89 | 0.00 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 42.00 | 222.31 | 9.82 | 5.05 | 14.23 | 26.57 |
| Inventory Days | 635.27 | 112.15 | 583.84 | 286.87 | 287.96 | 366.42 | 228.89 |
| Days Payable | 197.82 | 10.07 | 437.68 | 146.79 | 16.68 | 2.85 | 2.68 |
| Cash Conversion Cycle | 437.44 | 144.08 | 368.47 | 149.90 | 276.33 | 377.81 | 252.78 |
| Working Capital Days | 439.35 | 145.00 | 379.19 | 141.42 | 247.93 | 321.78 | 154.31 |
| ROCE % | 0.00% | 0.41% | 0.39% | 0.51% | 1.97% | 1.17% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Oct
-
Announcement under Regulation 30 (LODR)-Change in Management
3 Oct - Appointment of M/s Neelam Somani & Associates as secretarial auditor for FY2025-26 to FY2029-30.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 3 Oct
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
3 Oct - Appointed M/s Shah Karia & Associates as statutory auditor for FY2025-26 to FY2029-30, approved Sept 30, 2025.
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
30 Sep - 30 Sep 2025 AGM: adopted FY2025 results; reappointed director; auditors appointed; authorised capital increased to Rs27.00 crore.
Business Overview:[1]
a) VKJL sells jewellery made from gold, silver, and studded materials.
b) The company's product range includes items featuring:
- Diamonds
- Platinum
- Other precious and semi-precious stones
c) Its design portfolio covers designer, traditional, modern, and hybrid jewellery styles.
d) The company sells its products in the northeast of central Ahmedabad- Naroda and Narol, and the adjoining areas.
e) Its gold jewellery is hallmarked by BIS except gold jewellery weighing less than 2 grams, which is not required to be hallmarked.