Veerkrupa Jewellers Ltd
₹ 0.48
-2.04%
20 Aug
- close price
About
Incorporated in 2019, Veerkrupa Jewellers Ltd is in the business of retailing and wholesaling of jewellery.[1]
Key Points
- Market Cap ₹ 6.29 Cr.
- Current Price ₹ 0.48
- High / Low ₹ 1.05 / 0.44
- Stock P/E 37.0
- Book Value ₹ 1.04
- Dividend Yield 0.00 %
- ROCE 0.55 %
- ROE 1.25 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.46 times its book value
- Company's working capital requirements have reduced from 185 days to 80.2 days
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 1.52% 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 1.62 | 10.95 | 4.63 | 12.26 | 18.80 | 13.85 | 29.26 | 59.39 | |
| 1.44 | 10.94 | 4.60 | 12.22 | 18.74 | 13.54 | 29.01 | 59.25 | |
| Operating Profit | 0.18 | 0.01 | 0.03 | 0.04 | 0.06 | 0.31 | 0.25 | 0.14 |
| OPM % | 11.11% | 0.09% | 0.65% | 0.33% | 0.32% | 2.24% | 0.85% | 0.24% |
| 0.03 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.12 | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 |
| Depreciation | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.02 | 0.03 | 0.02 |
| Profit before tax | 0.09 | 0.00 | 0.02 | 0.01 | 0.05 | 0.28 | 0.22 | 0.11 |
| Tax % | 0.00% | 0.00% | 0.00% | 20.00% | 14.29% | 9.09% | -54.55% | |
| 0.08 | 0.01 | 0.01 | 0.01 | 0.04 | 0.24 | 0.20 | 0.17 | |
| EPS in Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.02 | 0.01 | |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 67% |
| 3 Years: | 47% |
| TTM: | 103% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 76% |
| 3 Years: | 62% |
| TTM: | -15% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -40% |
| 1 Year: | -51% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 2% |
| Last Year: | 1% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.61 | 1.87 | 1.87 | 4.86 | 7.86 | 7.86 | 13.11 | 13.11 |
| Reserves | 0.08 | 3.03 | 3.04 | 0.05 | 5.20 | 5.43 | 0.37 | 0.52 |
| 1.95 | 0.00 | 0.00 | 0.42 | 1.13 | 1.92 | 8.87 | 7.94 | |
| 0.71 | 0.31 | 5.44 | 4.84 | 0.83 | 0.34 | 0.29 | 0.20 | |
| Total Liabilities | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 15.55 | 22.64 | 21.77 |
| 0.56 | 0.04 | 0.06 | 0.05 | 0.04 | 0.05 | 0.07 | 0.06 | |
| CWIP | 0.00 | 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 | 0.00 |
| 2.67 | 5.17 | 10.29 | 10.12 | 14.86 | 15.50 | 22.57 | 21.71 | |
| Total Assets | 3.35 | 5.21 | 10.35 | 10.17 | 15.02 | 15.55 | 22.64 | 21.77 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -0.49 | -4.34 | 0.04 | -0.33 | -8.78 | 0.01 | -6.89 | 0.35 | |
| 0.19 | -0.04 | 0.09 | -0.01 | -0.01 | 0.09 | -0.04 | -0.02 | |
| 0.29 | 4.89 | 0.00 | 0.42 | 8.81 | 0.79 | 6.92 | -0.95 | |
| Net Cash Flow | 0.00 | 0.51 | 0.13 | 0.08 | 0.01 | 0.89 | 0.00 | -0.62 |
| Free Cash Flow | -0.32 | -4.38 | 0.13 | -0.34 | -8.79 | -0.02 | -6.93 | 0.34 |
| CFO/OP | -272% | -43,400% | 133% | -825% | -14,633% | 23% | -2,736% | 271% |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 42.00 | 222.31 | 9.82 | 5.05 | 14.23 | 26.57 | 19.30 |
| Inventory Days | 635.27 | 112.15 | 583.84 | 286.87 | 287.96 | 366.42 | 228.89 | 106.68 |
| Days Payable | 197.82 | 10.07 | 437.68 | 146.79 | 16.68 | 2.85 | 2.68 | 0.99 |
| Cash Conversion Cycle | 437.44 | 144.08 | 368.47 | 149.90 | 276.33 | 377.81 | 252.78 | 124.99 |
| Working Capital Days | 439.35 | 145.00 | 379.19 | 141.42 | 247.93 | 321.78 | 154.31 | 80.20 |
| ROCE % | 0.00% | 0.41% | 0.39% | 0.51% | 1.97% | 1.17% | 0.55% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Cities / Areas of Operation count |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
- Shah Karia & Associates resigned as statutory auditor effective 14 August 2026 due to personal reasons.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Filed Regulation 74(5) certificate for quarter ended June 30, 2026; no demat or remat requests received.
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- SEBI imposes Rs 20 lakh penalty and 5-year market ban on Veerkrupa Jewellers and director Chirag Shah.
- Audited Financial Result For Half Year And Financial Year Ending 31St March,2026
-
Board Meeting Outcome for Outcome Of Board Meeting Held On Saturday, 30Th May, 2026 And Submission Of Standalone Audited Financial Results For Half Year And Financial Year Ended 31St March 2026.
- Board approved FY26 audited standalone results; auditors issued qualified opinion.
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.