Pushpa Jewellers Ltd
₹ 136
1.49%
05 Sep
2:09 p.m.
About
Incorporated in 2009, Pushpa Jewellers Ltd is in the business as a wholesale gold jewellery manufacturer.[1]
Key Points
- Market Cap ₹ 329 Cr.
- Current Price ₹ 136
- High / Low ₹ 148 / 106
- Stock P/E 14.8
- 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.
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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
-
Shareholders meeting
3 September 2025 - AGM notice; FY2024-25 annual report; revenue ₹28,127.08 lakhs; IPO raised ₹9,865.17 lakhs; listed July 7, 2025.
-
Resignation of Independent director
2 September 2025 - PUSHPA JEWELLERS LIMITED has informed about Resignation of Independent director.
-
Cessation
2 September 2025 - Chandan Ambaly (DIN 08456058) resigned as Independent Director effective 02‑Sep‑2025, vacating committee positions.
-
Press Release
1 September 2025 - Pushpa Jewellers schedules 16th AGM on Sept 22, 2025, 12:00 IST via VC/OAVM; public notice published Aug 31.
-
Outcome of Board Meeting
29 August 2025 - Board approved RPT with Raghuvansh Jewellers up to ₹100 crore/year (FY2025-26 to FY2027-28); AGM 22 Sept 2025.
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.