Moksh Ornaments Ltd
₹ 13.3
-0.30%
13 Feb
- close price
About
Incorporated in 2012, Moksh Ornaments Ltd is in the business of Export and Trading in Gold Jewelry
Key Points
- Market Cap ₹ 118 Cr.
- Current Price ₹ 13.3
- High / Low ₹ 16.6 / 11.6
- Stock P/E 12.6
- Book Value ₹ 14.1
- Dividend Yield 0.00 %
- ROCE 13.3 %
- ROE 10.0 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Stock is trading at 0.94 times its book value
- Debtor days have improved from 24.8 to 16.7 days.
- Promoter holding has increased by 3.22% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.2% over last 3 years.
- Promoter holding has decreased over last 3 years: -15.0%
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81 | 111 | 143 | 240 | 310 | 381 | 344 | 337 | 324 | 447 | 449 | 580 | 585 | |
| 79 | 109 | 140 | 233 | 301 | 372 | 338 | 328 | 317 | 436 | 437 | 566 | 571 | |
| Operating Profit | 2 | 2 | 3 | 7 | 8 | 9 | 6 | 9 | 7 | 10 | 12 | 14 | 14 |
| OPM % | 2% | 2% | 2% | 3% | 3% | 2% | 2% | 3% | 2% | 2% | 3% | 2% | 2% |
| 0 | 0 | 0 | 0 | 0 | 1 | 5 | 3 | 1 | 1 | 2 | 3 | 3 | |
| Interest | 1 | 2 | 2 | 3 | 3 | 3 | 4 | 4 | 1 | 2 | 5 | 5 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 5 | 6 | 7 | 7 | 8 | 7 | 8 | 9 | 11 | 13 |
| Tax % | 32% | 33% | 32% | 32% | 33% | 28% | 25% | 27% | 26% | 28% | 26% | 26% | |
| 0 | 0 | 0 | 3 | 4 | 5 | 5 | 6 | 5 | 6 | 6 | 8 | 9 | |
| EPS in Rs | 0.32 | 0.12 | 0.04 | 0.75 | 0.45 | 0.55 | 0.62 | 0.65 | 0.59 | 0.71 | 0.72 | 1.01 | 1.08 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 18% |
| 5 Years: | 11% |
| 3 Years: | 21% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 48% |
| 5 Years: | 9% |
| 3 Years: | 18% |
| TTM: | 9% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 14% |
| 1 Year: | 3% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.50 | 2 | 5 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 17 | 18 |
| Reserves | 0 | 1 | 3 | 6 | 15 | 20 | 25 | 30 | 34 | 40 | 47 | 94 | 107 |
| 18 | 15 | 13 | 36 | 34 | 50 | 60 | 36 | 4 | 28 | 50 | 32 | 39 | |
| 2 | 8 | 23 | 5 | 2 | 5 | 8 | 3 | 1 | 1 | 0 | 1 | 7 | |
| Total Liabilities | 20 | 27 | 44 | 52 | 62 | 85 | 103 | 79 | 50 | 80 | 108 | 144 | 170 |
| 0 | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 20 | 25 | 42 | 50 | 60 | 83 | 103 | 79 | 49 | 79 | 108 | 143 | 169 | |
| Total Assets | 20 | 27 | 44 | 52 | 62 | 85 | 103 | 79 | 50 | 80 | 108 | 144 | 170 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 3 | -8 | -8 | 3 | 19 | -123 | 26 | -21 | -18 | -27 | ||
| -2 | 0 | -0 | 0 | -0 | -11 | 77 | -0 | 0 | 0 | -0 | ||
| -2 | -0 | 10 | 9 | 16 | 7 | -221 | -32 | 24 | 23 | 27 | ||
| Net Cash Flow | -1 | 2 | 1 | 1 | 18 | 15 | -267 | -7 | 2 | 4 | -0 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8 | 11 | 33 | 13 | 12 | 10 | 38 | 48 | 34 | 24 | 34 | 17 |
| Inventory Days | 78 | 75 | 72 | 60 | 53 | 46 | 30 | |||||
| Days Payable | 7 | 25 | 55 | 3 | 0 | 3 | 4 | |||||
| Cash Conversion Cycle | 79 | 61 | 50 | 70 | 65 | 54 | 63 | 48 | 34 | 24 | 34 | 17 |
| Working Capital Days | 17 | 20 | 18 | 9 | 23 | 5 | -2 | 39 | 51 | 40 | 40 | 64 |
| ROCE % | 9% | 13% | 14% | 22% | 16% | 14% | 12% | 13% | 13% | 17% | 15% | 13% |
Documents
Announcements
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Copy of Newspaper Publication
10 February 2026 - Board approved unaudited standalone results for quarter ended December 31, 2025; published 10 Feb 2026; limited review.
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Statement of deviation(s) or variation(s) under Reg. 32
9 February 2026 - Confirms no deviation in use of IPO proceeds (Reg.32), dated 09.02.2026.
-
Outcome of Board Meeting
9 February 2026 - Board approved standalone unaudited results for quarter ended 31-Dec-2025; board met 09-Feb-2026.
-
Outcome of Board Meeting
9 February 2026 - Board approved standalone unaudited Q3 results for quarter ended 31 Dec 2025.
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Certificate under SEBI (Depositories and Participants) Regulations, 2018
13 January 2026 - RTA confirms Reg.74(5) not applicable for quarter ended Dec 31, 2025; entire shareholding dematerialised.
Annual reports
Concalls
-
Jul 2020TranscriptAI SummaryPPT
Business Overview:[1]
Company manufactures & wholesales gold jewelries viz. bangles, chains and Mangal sutras. Designing and manufacturing of Jewelries is outsourced on a job-work basis to various artisans in Kolkata and Mumbai. Company's products are majorly sold to various retail outlet brands across India, viz. Nakshatra Jewelry, P.N. Gadgil Jewelers, Neelkanth Jewelers, Ranka Jewelers, etc. and are also exported to UAE. Primary raw material viz. gold is procured from various banks, bullion dealers and others in domestic market