AJC Jewel Manufacturers Ltd
Incorporated in 2018, AJC Jewel Manufacturers Ltd is engaged in the manufacturing of gold and diamond jewellery.[1]
- Market Cap ₹ 202 Cr.
- Current Price ₹ 334
- High / Low ₹ 433 / 71.2
- Stock P/E 25.8
- Book Value ₹ 59.5
- Dividend Yield 0.00 %
- ROCE 22.0 %
- ROE 30.9 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 40.2 to 50.9 days.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| 220 | 291 | |
| 215 | 277 | |
| Operating Profit | 6 | 14 |
| OPM % | 2.6% | 4.8% |
| 1 | 0 | |
| Interest | 2 | 3 |
| Depreciation | 0 | 0 |
| Profit before tax | 4 | 11 |
| Tax % | 27% | 27% |
| 3 | 8 | |
| EPS in Rs | 6.43 | 12.94 |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 172% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 273% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 31% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 4 | 6 |
| Reserves | 10 | 30 |
| 33 | 44 | |
| 2 | 4 | |
| Total Liabilities | 49 | 84 |
| 3 | 5 | |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| 46 | 79 | |
| Total Assets | 49 | 84 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -8 | -10 | |
| 0 | -11 | |
| 8 | 22 | |
| Net Cash Flow | 0 | 1 |
| Free Cash Flow | -8 | -13 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -141% | -72% |
Ratios
Consolidated / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 30 | 51 |
| Inventory Days | 39 | 33 |
| Days Payable | 0 | 0 |
| Cash Conversion Cycle | 68 | 83 |
| Working Capital Days | 20 | 27 |
| ROCE % | 22% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Jun 2026 | |
|---|---|---|---|---|
| Actual production volume kg per annum ・Standalone data |
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| Capacity utilization % ・Standalone data |
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| Installed production capacity kg per annum ・Standalone data |
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| Corporate clients clients ・Standalone data |
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| Design library size designs ・Standalone data |
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| Esthara retail stores stores ・Standalone data |
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| In-house design team members ・Standalone data |
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| Independent B2B retailers retailers ・Standalone data |
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| Silver jewellery production capacity kg/day ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
-
Announcement Under Reg 30 LODR
- Subsidiary Esthara Jewels opened its 4th showroom in Kozhikode, Kerala on 08/10/2026.
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 8th AGM resolutions, including 80% stake acquisition via share swap, approved unanimously.
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Announcement Under Regulation 30
- Chairman’s AGM speech highlights capacity expansion, 9K launch, silver jewellery production, and proposed Sharjah acquisition.
- Shareholder Meeting / Postal Ballot-Outcome of AGM
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Closure of Trading Window
- Trading window closes from 1 October 2026 until 48 hours after board approves Q2 and half-year results.
Business Overview:[1]
AJCJML is a Kerala-based jewellery manufacturer specializing in high-quality, design-led gold products for the B2B retail market. The company offers a digital‑first platform serving jewellery retailers, corporates, and a large network of indpendent jewellers.