Veerkrupa Jewellers Ltd
₹ 0.56
1.82%
11 Jun
- close price
About
Incorporated in 2019, Veerkrupa Jewellers Ltd is in the business of retailing and wholesaling of jewellery.[1]
Key Points
- Market Cap ₹ 7.34 Cr.
- Current Price ₹ 0.56
- High / Low ₹ 1.08 / 0.49
- Stock P/E 43.2
- Book Value ₹ 1.04
- Dividend Yield 0.00 %
- ROCE 0.55 %
- ROE 1.25 %
- Face Value ₹ 1.00
Pros
- Stock is trading at 0.54 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: | -44% |
| 1 Year: | -45% |
| 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 | |
|---|---|---|---|---|
| Inventory (Closing Stock) INR Lakhs |
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| Number of Showrooms Number |
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Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
5 Jun - 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 30 May
-
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.
30 May - Board approved FY26 audited standalone results; auditors issued qualified opinion.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Annual Secretarial Compliance Report for FY ended 31 March 2026 shows full compliance.
-
Board Meeting Intimation for Consideration And Approval Of The Audited Standalone Financial Results For The Half Year And Financial Year Ended March 31St, 2026.
2. Any Other Matter With The Permission Of Chair.
22 May - Board meeting on 30 May 2026 to approve audited standalone results for half year and FY ended 31 March 2026.
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.