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 ₹ 431 Cr.
- Current Price ₹ 110
- High / Low ₹ 126 / 19.1
- Stock P/E 60.4
- Book Value ₹ 12.9
- Dividend Yield 0.00 %
- ROCE 16.1 %
- ROE 15.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 8.51 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
Half Yearly 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% | 2% | 2% | 1% |
| 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 2 | 1 |
| 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: | 464% |
| 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% | -271% |
Ratios
Figures in Rs. Crores
| 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 |
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| Gold Jewellery Revenue Share % of total revenue |
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| Maharashtra Revenue Share % of total revenue |
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| Top 10 Customers Share of Revenue % of total revenue |
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| Top 10 Suppliers Share of Purchases % of total purchases |
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Extracted by Screener AI
Documents
Announcements
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Structural Digital Database
20 July 2026 - Submitted SDD compliance certificate for quarter ended June 30, 2026; no non-compliance found.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
15 July 2026 - Submitted Regulation 74(5) certificate for quarter ended June 30, 2026; entire shareholding in demat form.
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Allotment of Securities
3 July 2026 - Company allotted 2,60,94,200 bonus shares in 2:1 ratio; record date July 2, 2026.
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Trading Window
30 June 2026 - Trading window closes from July 1, 2026 until 48 hours after Q1 results approval.
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Copy of Newspaper Publication
25 June 2026 - Record date revised to 2 July 2026; bonus allotment on 3 July 2026 for 2:1 issue.
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.