Pushpa Jewellers Ltd
₹ 132
1.66%
16 Oct
11:04 a.m.
About
Incorporated in 2009, Pushpa Jewellers Ltd is in the business as a wholesale gold jewellery manufacturer.[1]
Key Points
- Market Cap ₹ 319 Cr.
- Current Price ₹ 132
- High / Low ₹ 148 / 106
- Stock P/E 14.3
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 50.4 %
- ROE 47.3 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 46.4%
Cons
* 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.
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 49 | 108 | 166 | 255 | 281 | |
| 46 | 99 | 153 | 235 | 249 | |
| Operating Profit | 3 | 9 | 13 | 20 | 32 |
| OPM % | 6% | 8% | 8% | 8% | 11% |
| 0 | 0 | 0 | 0 | 0 | |
| Interest | 0 | 0 | 1 | 1 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 2 | 9 | 12 | 18 | 30 |
| Tax % | 28% | 29% | 32% | 25% | 25% |
| 2 | 6 | 8 | 14 | 22 | |
| EPS in Rs | 76.03 | 265.03 | 349.66 | 583.33 | 11.82 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| TTM: | 10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 53% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| Last Year: | 47% |
Balance Sheet
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 0.23 | 0.23 | 0.23 | 0.23 | 19 |
| Reserves | 8 | 14 | 22 | 36 | 39 |
| 2 | 4 | 15 | 8 | 22 | |
| 1 | 4 | 6 | 7 | 11 | |
| Total Liabilities | 12 | 22 | 43 | 51 | 91 |
| 1 | 1 | 10 | 11 | 16 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 10 | 20 | 33 | 41 | 75 | |
| Total Assets | 12 | 22 | 43 | 51 | 91 |
Cash Flows
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 1 | -0 | 0 | 9 | 0 | |
| -1 | -0 | -11 | 0 | -10 | |
| 1 | 0 | 10 | -7 | 12 | |
| Net Cash Flow | 1 | 0 | -0 | 2 | 2 |
Ratios
Figures in Rs. Crores
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 5 | 11 | 13 | 7 | 26 |
| Inventory Days | 72 | 57 | 60 | 45 | 54 |
| Days Payable | 2 | 1 | 4 | 2 | 3 |
| Cash Conversion Cycle | 76 | 68 | 69 | 50 | 77 |
| Working Capital Days | 68 | 46 | 35 | 41 | 59 |
| ROCE % | 63% | 45% | 48% | 50% |
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
10 October 2025 - 10-Oct-2025: Pushpa Jewellers states Corporate Governance provisions not applicable under Regulation 15 for NSE SME listing.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
10 October 2025 - Certificate under SEBI Reg 74(5) for quarter ended 30 Sep 2025 confirming demat processing.
-
Trading Window
8 October 2025 - Trading window closed Oct 1, 2025 until 48 hours after unaudited Q2/HY results for Sep 30, 2025.
-
Shareholders meeting
23 September 2025 - 16th AGM (22 Sep 2025): all five resolutions passed; auditor reappointed, director reappointed, related-party transaction approved.
-
Shareholders meeting
22 September 2025 - AGM on 22 Sep 2025 approved auditor reappointment, independent director, and RPT up to Rs100 crore/year.
Business Overview:[1][2]
PJL is a wholesale B2B jewellery manufacturer operating across India. It produces and sells a wide range of traditional and modern gold jewellery—such as necklaces, bracelets, earrings, and rings—using materials like emerald, jade, pearl, and Meena. The company sells in bulk to retailers, wholesalers, and other businesses, not directly to individual consumers.