Manoj Jewellers Ltd
Incorporated in 2007, Manoj Jewellers Limited is engaged in the retail business of various jewellery and ornaments made out of gold and diamonds studded with precious and semiprecious stones[1]
- Market Cap ₹ 44.5 Cr.
- Current Price ₹ 49.5
- High / Low ₹ 59.5 / 37.0
- Stock P/E 5.46
- Book Value ₹ 39.5
- Dividend Yield 0.00 %
- ROCE 28.0 %
- ROE 39.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 126% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.5%
- Promoter holding has increased by 2.01% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Consumer Discretionary Consumer Durables Consumer Durables Gems, Jewellery And Watches
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 12 | 7 | 7 | 14 | 43 | 60 | 104 | |
| 11 | 6 | 5 | 11 | 38 | 51 | 92 | |
| Operating Profit | 1 | 1 | 2 | 2 | 6 | 8 | 12 |
| OPM % | 11% | 20% | 24% | 16% | 13% | 14% | 12% |
| 0 | 0 | 0 | -0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 1 | 1 | 4 | 6 | 11 |
| Tax % | 33% | 0% | 29% | 37% | 29% | 25% | |
| 0 | 0 | 0 | 1 | 3 | 5 | 8 | |
| EPS in Rs | 0.48 | 0.48 | 2.16 | 0.95 | 5.33 | 7.95 | 10.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 107% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 126% |
| 3 Years: | 136% |
| TTM: | 49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 35% |
| Last Year: | 39% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 6 | 6 | 6 | 9 |
| Reserves | 0 | 0 | 1 | 1 | 4 | 9 | 27 |
| 11 | 12 | 12 | 6 | 15 | 19 | 4 | |
| 1 | 1 | 1 | 1 | 1 | 2 | 5 | |
| Total Liabilities | 14 | 15 | 15 | 13 | 26 | 35 | 45 |
| 1 | 0 | 0 | 0 | 0 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 14 | 15 | 15 | 13 | 26 | 35 | 44 | |
| Total Assets | 14 | 15 | 15 | 13 | 26 | 35 | 45 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -2 | 0 | 1 | 5 | -6 | -4 | |
| -0 | 0 | 0 | 0 | -0 | -0 | |
| 2 | -0 | -1 | -4 | 9 | 1 | |
| Net Cash Flow | -0 | 0 | 0 | 1 | 2 | -3 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 5 | 1 | 0 | 0 | 9 | 27 |
| Inventory Days | 500 | 1,108 | 1,192 | 405 | 210 | 217 |
| Days Payable | 26 | 55 | 7 | 15 | 0 | 1 |
| Cash Conversion Cycle | 479 | 1,054 | 1,185 | 389 | 218 | 243 |
| Working Capital Days | 314 | 609 | 535 | 271 | 159 | 158 |
| ROCE % | 8% | 11% | 15% | 30% | 28% |
Documents
Announcements
- Postal Ballot Notice Dated 08-01-2026 2h
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5h - Reg.74(5) certificate: no physical equity share certificates received for demat for quarter ended 31-Dec-2025.
-
Revised Board Meeting Outcome Dated 08.01.2026
13 Jan - 08 Jan 2026: Board approved two independent director reappointments, authorised capital increase, new AOA, postal ballot and scrutinizer.
-
Board Meeting Outcome for Disclosure Under Regulation 30
8 Jan - Board approved re-appointment of two independent directors, proposed authorised capital increase, postal ballot draft and scrutinizer appointment.
-
Disclosure For Launching Revolutionary Thanga Kovil Exhibition
1 Jan - Manoj Jewellers to showcase Thanga Kovil collection at Jewel Trendz Jan 6-8, 2026; targeting wholesale partnerships.
Concalls
-
Dec 2025TranscriptAI SummaryPPT
Business Profile[1]
Manoj Jewellers is engaged in retail and wholesale trading of gold and diamond jewellery, including pieces studded with precious and semi-precious stones. Their offerings span traditional, temple, kundan, antique, and modern designs.