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 ₹ 44.6 Cr.
- Current Price ₹ 49.6
- High / Low ₹ 58.4 / 37.0
- Stock P/E 5.47
- 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
- Results For The Half Year Ended As On 30Th September 2025. 8h
-
Board Meeting Outcome for Outcome Of The Board Meeting For The Unaudited Financial Results
8h - Board approved unaudited results for half year ended 30 Sep 2025; limited review report issued.
-
Board Meeting Intimation for Approval Of Un-Audited Financial Results For The Half Year Ended As On 30Th September 2025.
31 Oct - Board meeting on 07-Nov-2025 to approve unaudited H1 results ended Sep 30, 2025; trading window closed.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Oct - Newspaper Publication for Postal Ballot Notice Dated 16th October, 2025.
-
Postal Ballot Notice Dated 16Th October, 2025.
17 Oct - Postal ballot to approve up to ₹25 lakh/year pay for three directors; e-voting Oct 20–Nov 18, 2025.
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.