Divine Hira Jewellers Ltd
Incorporated in July 2022 Divine Hira Jewellers Limited specializes in designing and marketing premium 22 Karat gold jewelry.[1]
- Market Cap ₹ 422 Cr.
- Current Price ₹ 108
- High / Low ₹ 126 / 33.6
- Stock P/E 79.9
- Book Value ₹ 12.9
- Dividend Yield 0.00 %
- ROCE 16.1 %
- ROE 15.1 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 8.49 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company might be capitalizing the interest cost
* 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 Nifty SME Emerge
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2023 9m | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 125 | 183 | 359 | 884 | |
| 123 | 180 | 350 | 873 | |
| Operating Profit | 2 | 3 | 9 | 11 |
| OPM % | 1.4% | 1.8% | 2.5% | 1.2% |
| 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 7 | 10 |
| Tax % | 25% | 25% | 25% | 25% |
| 1 | 1 | 6 | 7 | |
| EPS in Rs | 1.42 | 1.82 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 92% |
| TTM: | 146% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 110% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 197% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 7 | 7 | 13 | 13 |
| Reserves | 1 | 2 | 30 | 38 |
| 14 | 19 | 19 | 23 | |
| 1 | 1 | 3 | 8 | |
| Total Liabilities | 23 | 29 | 65 | 82 |
| 0 | 0 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 23 | 29 | 65 | 81 | |
| Total Assets | 23 | 29 | 65 | 82 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -1 | -1 | 1 | -32 | |
| -0 | -0 | -0 | -0 | |
| 2 | 3 | 27 | 3 | |
| Net Cash Flow | 1 | 2 | 28 | -29 |
| Free Cash Flow | -1 | -1 | 0 | -32 |
| CFO/OP | -48% | -29% | 30% | -270% |
Ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 36 | 30 | 10 | 27 |
| Inventory Days | 29 | 23 | 24 | 5 |
| Days Payable | 0 | 0 | 0 | 2 |
| Cash Conversion Cycle | 65 | 53 | 34 | 30 |
| Working Capital Days | 22 | 15 | 14 | 21 |
| ROCE % | 14% | 20% | 16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Corporate Clients Share of Revenue % of total revenue |
|
||
| Gold Jewellery Revenue Share % of total revenue |
|||
| Maharashtra Revenue Share % of total revenue |
|||
| Top 10 Customers Share of Revenue % of total revenue |
|||
| Top 10 Suppliers Share of Purchases % of total purchases |
|||
Extracted by Screener AI
Documents
Announcements
-
Trading Window
- Trading window closed from October 1, 2026 until 48 hours after Q2 FY2026 results approval.
-
Clarification - Financial Results
- Exchange has sought clarification from Divine Hira Jewellers Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
-
Change in Management
- AGM on September 4, 2026 approved Khushbu Gulecha, Dhiraj Rathod, and DMJ & Partners appointments.
-
Shareholders meeting
- 04th AGM resolutions passed on September 4, 2026; audited FY26 accounts and director appointments approved.
-
Shareholders meeting
- Divine Hira Jewellers held its 4th AGM on September 4, 2026; approved accounts, director appointments, and WTD proposal.
Business Profile[1]
Divine Hira Jewellers Limited is engaged in designing and marketing gold jewelry, specializing in 22 Karat gold jewelry. The company primarily operates in wholesale gold jewelry, silver articles, bullion, and coins, with operations in Zaveri Bazar, Mumbai. It serves wholesalers, showrooms, and retailers offering a wide range of handcrafted and machine-made jewelry.