Priority Jewels Ltd
Incorporated in 2007, Priority Jewels designs, manufactures, and sells diamond-studded gold and platinum fine jewellery. [1]
- Market Cap ₹ 435 Cr.
- Current Price ₹ 242
- High / Low ₹ 242 / 225
- Stock P/E 24.1
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 13.2 %
- ROE 14.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has delivered good profit growth of 54.6% CAGR over last 5 years
Cons
- Company has a low return on equity of 11.1% over last 3 years.
- 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 262 | 397 | 471 | 411 | 436 | 537 | |
| 252 | 387 | 456 | 391 | 412 | 503 | |
| Operating Profit | 10 | 10 | 15 | 19 | 24 | 34 |
| OPM % | 3.9% | 2.6% | 3.2% | 4.7% | 5% | 6% |
| 2 | 7 | 1 | 0 | 0 | 0 | |
| Interest | 8 | 8 | 8 | 8 | 8 | 8 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 3 | 7 | 6 | 10 | 15 | 24 |
| Tax % | 27% | 26% | 27% | 26% | 30% | 24% |
| 2 | 5 | 4 | 7 | 11 | 18 | |
| EPS in Rs | 4.94 | 12.87 | 10.77 | 22.70 | 8.34 | 13.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 4% |
| TTM: | 23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 55% |
| 3 Years: | 64% |
| TTM: | 74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 11% |
| Last Year: | 15% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 3 | 13 | 13 |
| Reserves | 86 | 91 | 96 | 92 | 92 | 125 |
| 104 | 104 | 117 | 125 | 147 | 99 | |
| 73 | 34 | 61 | 49 | 57 | 48 | |
| Total Liabilities | 267 | 233 | 278 | 269 | 309 | 286 |
| 0 | 15 | 14 | 15 | 15 | 16 | |
| CWIP | 0 | 0 | 0 | 0 | 2 | 2 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 |
| 266 | 218 | 264 | 254 | 292 | 268 | |
| Total Assets | 267 | 233 | 278 | 269 | 309 | 286 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0 | 10 | 11 | -2 | 3 | 19 | |
| 0 | 1 | -0 | 5 | -19 | 20 | |
| 0 | -10 | 9 | -12 | 13 | -40 | |
| Net Cash Flow | 0 | 0 | 19 | -10 | -3 | -1 |
| Free Cash Flow | 0 | 10 | 10 | -3 | -1 | 15 |
| CFO/OP | 0% | 113% | 84% | 0% | 29% | 72% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 164 | 109 | 90 | 81 | 123 | 90 |
| Inventory Days | 127 | 70 | 89 | 141 | 106 | 95 |
| Days Payable | 68 | 30 | 44 | 47 | 52 | 35 |
| Cash Conversion Cycle | 223 | 149 | 136 | 175 | 178 | 150 |
| Working Capital Days | 223 | 68 | 44 | 59 | 50 | 87 |
| ROCE % | 8% | 7% | 8% | 9% | 13% |
Documents
Announcements
-
Intimation Of Approval Received From The ROC For Extension Of Time Period For Convening Annual General Meeting For The Financial Year Ended March 31, 2026.
- ROC Mumbai grants Priority Jewels 2 months 15 days AGM extension for FY ended March 31, 2026.
-
Intimation Under Regulation 8(2) Of The Securities Exchange Board Of India (Prohibition Of Insider Trading) Regulations, 2015.
- Priority Jewels files SEBI PIT fair disclosure code, adopted by board on April 22, 2025.
-
Intimation Under Regulation 30(5) Of The SEBI (LODR) Regulations, 2015
- Company authorized MD, CFO and CS to determine materiality and disclose events to exchanges.
- Listing of Equity Shares of Priority Jewels Ltd
Business Overview:[1]
Priority Jewels Ltd is a B2B jewellery manufacturer engaged in the design, manufacture, and sale of lightweight and affordable diamond-studded gold and platinum jewellery. The company supplies directly to independent jewellers and organised jewellery chains in India, while also serving select international markets.