Shubhlaxmi Jewel Art Ltd
Incorporated in 2013, Shubhlaxmi Jewel Art Ltd deals in gold, silver, jewellery, and other precious metals.[1]
- Market Cap ₹ 19.2 Cr.
- Current Price ₹ 18.2
- High / Low ₹ 40.0 / 13.8
- Stock P/E 18.2
- Book Value ₹ 22.3
- Dividend Yield 0.00 %
- ROCE 7.22 %
- ROE 4.59 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.85 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -6.31%
- Company has a low return on equity of 4.91% over last 3 years.
* 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.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Gems, Jewellery And Watches
Part of Nifty SME Emerge
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 11m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| 51.23 | 53.09 | 29.12 | 61.49 | 77.26 | 68.07 | 54.90 | 61.16 | |
| 48.80 | 50.62 | 26.33 | 59.46 | 74.88 | 65.69 | 52.02 | 58.40 | |
| Operating Profit | 2.43 | 2.47 | 2.79 | 2.03 | 2.38 | 2.38 | 2.88 | 2.76 |
| OPM % | 4.74% | 4.65% | 9.58% | 3.30% | 3.08% | 3.50% | 5.25% | 4.51% |
| 0.01 | 0.00 | 0.05 | 0.00 | 0.38 | 0.69 | 0.00 | 0.01 | |
| Interest | 0.75 | 0.73 | 0.58 | 0.86 | 1.23 | 1.19 | 1.36 | 1.13 |
| Depreciation | 0.33 | 0.14 | 0.15 | 0.12 | 0.14 | 0.20 | 0.15 | 0.13 |
| Profit before tax | 1.36 | 1.60 | 2.11 | 1.05 | 1.39 | 1.68 | 1.37 | 1.51 |
| Tax % | 25.74% | 24.38% | 24.17% | 24.76% | 26.62% | 27.38% | 32.85% | 29.80% |
| 1.00 | 1.21 | 1.59 | 0.78 | 1.02 | 1.22 | 0.90 | 1.06 | |
| EPS in Rs | 1.20 | 1.46 | 1.91 | 0.94 | 1.16 | 1.15 | 0.85 | 1.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -7% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -8% |
| 3 Years: | 1% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | -40% |
| 1 Year: | 18% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.30 | 8.30 | 8.30 | 8.30 | 8.80 | 10.60 | 10.60 | 10.60 |
| Reserves | 4.33 | 5.54 | 7.13 | 8.72 | 9.76 | 11.07 | 11.97 | 13.03 |
| 7.70 | 7.10 | 5.01 | 6.55 | 11.53 | 10.55 | 13.59 | 13.36 | |
| 4.13 | 1.82 | 4.27 | 2.93 | 4.20 | 3.66 | 5.52 | 15.58 | |
| Total Liabilities | 24.46 | 22.76 | 24.71 | 26.50 | 34.29 | 35.88 | 41.68 | 52.57 |
| 1.99 | 2.04 | 1.89 | 1.79 | 1.94 | 1.92 | 1.84 | 1.73 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 22.47 | 20.72 | 22.82 | 24.71 | 32.35 | 33.96 | 39.84 | 50.84 | |
| Total Assets | 24.46 | 22.76 | 24.71 | 26.50 | 34.29 | 35.88 | 41.68 | 52.57 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| -14.72 | 1.05 | 2.35 | -1.89 | 1.23 | -0.47 | -1.70 | 0.80 | |
| -2.32 | -0.19 | -0.01 | -0.02 | 0.09 | 0.50 | -0.07 | -0.03 | |
| 17.62 | -1.00 | -2.59 | 1.86 | -1.16 | -0.18 | 1.87 | -0.95 | |
| Net Cash Flow | 0.57 | -0.14 | -0.25 | -0.05 | 0.16 | -0.14 | 0.10 | -0.18 |
| Free Cash Flow | -17.04 | 0.86 | 2.34 | -1.91 | 0.94 | -0.70 | -1.77 | 0.77 |
| CFO/OP | -592% | 60% | 103% | -78% | 65% | -4% | -48% | 37% |
Ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11.76 | 8.80 | 15.79 | 12.82 | 6.66 | 9.12 | 7.58 | 13.49 |
| Inventory Days | 154.36 | 145.68 | 329.99 | 136.97 | 124.92 | 186.58 | 288.91 | 316.24 |
| Days Payable | 23.77 | 4.41 | 33.27 | 5.19 | 7.40 | 7.14 | 9.26 | 30.07 |
| Cash Conversion Cycle | 142.34 | 150.07 | 312.51 | 144.60 | 124.18 | 188.55 | 287.22 | 299.66 |
| Working Capital Days | 82.79 | 87.45 | 168.84 | 101.74 | 90.19 | 118.45 | 153.98 | 140.43 |
| ROCE % | 11.29% | 13.00% | 8.68% | 9.77% | 9.34% | 7.98% | 7.22% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | |
|---|---|---|---|
| Diamond Jewellery Share of Revenue % |
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| Festive Season Sales (Aug-Dec) Share of Annual Turnover % |
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| Gold Jewellery Share of Revenue % |
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| Silver Jewellery Share of Revenue % |
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| Number of Employees count |
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| Number of Showrooms count |
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| Top 10 Supplier Concentration % |
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| Top 5 Supplier Concentration % |
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Extracted by Screener AI
Documents
Announcements
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Trading Window
- Trading window closed from October 1, 2026 until 48 hours after unaudited half-year results.
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Resignation of Director/KMP/SMP
- Shubhlaxmi Jewel Art Limited has informed about Resignation of Director/KMP/SMP
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Record Date
- Share transfer books closed September 23-30, 2026 for 8th AGM on September 30, 2026.
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Change in Management
- Board approved FY26 results, AGM on Sept 30, 2026; appointed APS Associates for 5 years; CFO resigned Sept 2, 2026.
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Outcome of Board Meeting
- Board approved 30 Sep 2026 AGM, appointed APS Associates auditor for 5 years, noted CFO resignation effective 2 Sep 2026.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
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Annual Report 2022
from nse
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Annual Report 2021
from nse
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Annual Report 2020
from nse
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Annual Report 2019
from nse
Business Overview:[1]
SJAL is engaged in the business of sales,
manufacturing, and trading of Jewellery
which is segregated into gold, diamond,
silver, precious metals, etc.