PC Jeweller Ltd

PC Jeweller Ltd

₹ 11.6 -2.69%
14 Nov - close price
About

PC Jeweller is engaged in the business of manufacturing, sale and trading of gold jewellery, diamond-studded jewellery and silver items and operates in different geographical areas. The Company’s export business of gold jewellery is on a B2B basis through its dealers based in the Gulf via Dubai based firms. [1] The company has a team of in-house designers.

Key Points

Business Overview
The company is involved in the trading, manufacturing, and sale of gold, diamonds, precious stones, gold and diamond-studded jewelry, and silver articles. It has launched various jewelry collections, including Anant, Dashavatar, Bandhan, Amour, and the Wedding Collection. [1]

  • Market Cap 8,470 Cr.
  • Current Price 11.6
  • High / Low 19.6 / 10.2
  • Stock P/E 13.8
  • Book Value 9.93
  • Dividend Yield 0.00 %
  • ROCE 6.52 %
  • ROE 12.7 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Stock is trading at 1.16 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 49.1% CAGR over last 5 years
  • Debtor days have improved from 154 to 57.1 days.

Cons

  • Promoter holding has decreased over last quarter: -2.48%
  • The company has delivered a poor sales growth of -14.6% over past five years.
  • Company has a low return on equity of -3.59% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.198 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
836 829 173 67 33 40 48 401 505 639 699 725 825
701 796 305 116 76 113 53 351 419 529 556 598 649
Operating Profit 135 33 -131 -48 -43 -73 -4 50 86 110 143 127 176
OPM % 16% 4% -76% -72% -128% -182% -9% 12% 17% 17% 20% 18% 21%
59 28 3 6 20 4 14 39 44 44 1 83 70
Interest 122 125 123 125 124 126 130 2 2 3 45 42 36
Depreciation 7 7 6 6 5 5 4 4 4 5 5 5 5
Profit before tax 66 -70 -258 -173 -152 -200 -124 83 124 146 95 164 204
Tax % -11% -9% 58% 0% 0% 0% 0% -86% -45% 0% -0% -0% -2%
73 -64 -408 -173 -152 -200 -124 155 179 146 95 164 208
EPS in Rs 0.16 -0.14 -0.88 -0.37 -0.33 -0.43 -0.27 0.33 0.38 0.25 0.15 0.25 0.29
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
5,325 6,349 7,232 8,099 9,486 8,369 4,939 2,668 1,573 2,358 188 2,243 2,888
4,726 5,619 6,473 7,338 8,473 8,085 4,484 2,265 1,672 2,226 356 1,852 2,332
Operating Profit 599 730 759 761 1,012 284 455 403 -99 132 -168 390 556
OPM % 11% 12% 10% 9% 11% 3% 9% 15% -6% 6% -89% 17% 19%
36 59 51 109 100 85 77 31 60 148 43 127 198
Interest 153 227 251 282 321 349 374 396 442 499 505 52 126
Depreciation 12 23 23 22 20 17 35 33 26 26 20 17 20
Profit before tax 469 539 536 566 770 3 124 4 -508 -245 -649 448 609
Tax % 24% 30% 26% 24% 26% 202% 36% -1,280% -23% 38% 0% -28%
356 378 399 431 567 -3 78 61 -390 -339 -649 575 613
EPS in Rs 0.99 1.06 1.11 1.20 1.44 -0.01 0.20 0.13 -0.84 -0.73 -1.40 0.90 0.94
Dividend Payout % 15% 15% 15% 4% 3% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -10%
5 Years: -15%
3 Years: 13%
TTM: 191%
Compounded Profit Growth
10 Years: 5%
5 Years: 49%
3 Years: 52%
TTM: 6356%
Stock Price CAGR
10 Years: -5%
5 Years: 49%
3 Years: 14%
1 Year: -20%
Return on Equity
10 Years: 2%
5 Years: -4%
3 Years: -4%
Last Year: 13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 179 179 179 179 394 395 395 465 465 465 465 636 725
Reserves 1,503 1,811 2,231 3,188 3,531 3,542 3,607 3,810 3,418 3,080 2,433 5,522 6,474
1,004 682 970 803 1,116 2,121 2,426 2,414 3,391 3,736 4,150 2,151 1,594
1,546 2,039 2,356 3,048 3,919 1,607 1,454 1,174 263 209 188 68 82
Total Liabilities 4,233 4,712 5,737 7,217 8,961 7,664 7,882 7,864 7,538 7,490 7,236 8,377 8,876
84 90 90 84 77 59 151 126 107 104 61 84 91
CWIP 1 0 0 0 0 0 1 0 0 1 0 0 0
Investments 185 13 8 143 153 144 144 144 136 136 136 134 134
3,963 4,609 5,639 6,990 8,731 7,461 7,586 7,593 7,294 7,250 7,038 8,159 8,650
Total Assets 4,233 4,712 5,737 7,217 8,961 7,664 7,882 7,864 7,538 7,490 7,236 8,377 8,876

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-786 334 70 827 334 -1,837 60 97 -727 96 -15 -633
246 213 -86 -645 -350 886 41 98 118 38 7 3
571 -566 17 101 23 651 -169 -155 575 -115 -29 688
Net Cash Flow 31 -19 1 283 7 -300 -68 40 -34 19 -37 57

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 43 44 46 57 68 77 132 179 72 50 353 57
Inventory Days 194 219 227 213 231 234 447 989 1,461 1,031 7,126 1,334
Days Payable 105 123 127 145 160 59 92 157 4 3 18 3
Cash Conversion Cycle 132 140 146 125 140 252 487 1,010 1,528 1,077 7,461 1,388
Working Capital Days 68 87 96 86 79 142 252 507 542 331 2,755 770
ROCE % 29% 28% 26% 22% 24% 6% 8% 6% -1% 3% -2% 7%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
54.53% 54.53% 54.53% 54.53% 54.53% 54.53% 54.53% 54.53% 43.52% 39.98% 40.08% 37.61%
2.15% 1.65% 1.04% 0.84% 0.78% 0.93% 2.57% 3.31% 5.55% 5.06% 4.92% 6.46%
1.45% 1.45% 1.45% 1.49% 1.45% 1.45% 1.45% 1.47% 1.26% 9.37% 9.07% 8.23%
41.87% 42.36% 42.98% 43.15% 43.24% 43.08% 41.45% 40.69% 49.66% 45.59% 45.93% 47.70%
No. of Shareholders 1,72,8811,93,1852,01,2462,25,9162,30,3522,10,4002,09,5392,59,2314,12,0904,61,2104,76,6587,57,340

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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