Shubhlaxmi Jewel Art Ltd
Incorporated in 2013, Shubhlaxmi Jewel Art Ltd deals in gold, silver, jewellery, and other precious metals.[1]
- Market Cap ₹ 21.7 Cr.
- Current Price ₹ 20.4
- High / Low ₹ 40.0 / 13.4
- Stock P/E 20.5
- Book Value ₹ 22.3
- Dividend Yield 0.00 %
- ROCE 6.86 %
- ROE 4.59 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.92 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 4.91% 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.
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 | 62.65 | |
| 48.80 | 50.62 | 26.33 | 59.46 | 74.88 | 65.69 | 52.02 | 60.02 | |
| Operating Profit | 2.43 | 2.47 | 2.79 | 2.03 | 2.38 | 2.38 | 2.88 | 2.63 |
| OPM % | 4.74% | 4.65% | 9.58% | 3.30% | 3.08% | 3.50% | 5.25% | 4.20% |
| 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 | 1.00 |
| 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: | 17% |
| 3 Years: | -7% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -8% |
| 3 Years: | 1% |
| TTM: | 18% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | -41% |
| 1 Year: | 17% |
| 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 | 13.37 | |
| 4.13 | 1.82 | 4.27 | 2.93 | 4.20 | 3.66 | 5.52 | 15.57 | |
| 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 | ||
| -2.32 | -0.19 | -0.01 | -0.02 | 0.09 | 0.50 | -0.07 | ||
| 17.62 | -1.00 | -2.59 | 1.86 | -1.16 | -0.18 | 1.87 | ||
| Net Cash Flow | 0.57 | -0.14 | -0.25 | -0.05 | 0.16 | -0.14 | 0.10 | |
| Free Cash Flow | -17.04 | 0.86 | 2.34 | -1.91 | 0.94 | -0.70 | -1.77 | |
| CFO/OP | -592% | 60% | 103% | -78% | 65% | -4% | -48% |
Ratios
Figures in Rs. Crores
| 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 | 13.17 |
| 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 | 299.34 |
| Working Capital Days | 82.79 | 87.45 | 168.84 | 101.74 | 90.19 | 118.45 | 153.98 | 137.09 |
| ROCE % | 11.29% | 13.00% | 8.68% | 9.77% | 9.34% | 7.98% | 6.86% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Inventory - Stock-in-trade Rs. in Lakhs |
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| Number of Showrooms Number |
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| Showroom Area Sq. Ft. |
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| Operating Cycle Days |
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| Product Revenue Concentration - Gold Jewelleries Percentage |
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| Revenue Bifurcation - Third Party Manufacturing Rs. in Lakhs |
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| Revenue Bifurcation - Trading of Jewellery Rs. in Lakhs |
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Extracted by Screener AI
Documents
Announcements
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Resignation of Director/KMP/SMP
2 June 2026 - Shubhlaxmi Jewel Art Limited has informed about Resignation of Director/KMP/SMP
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Resignation of Director/KMP/SMP
2 June 2026 - Shubhlaxmi Jewel Art Limited has informed about Resignation of Director/KMP/SMP
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Resignation
2 June 2026 - Independent Director Bikash Tarafdar resigned effective June 2, 2026.
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Appointment
30 May 2026 - Board approved FY26 audited results, CMD reappointment, auditor appointments, ₹15 crore RPTs, promoter reclassification.
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Change in Auditors
30 May 2026 - Board approved FY26 audited results, CMD reappointment, auditor appointments, 15 crore RPT cap, promoter reclassification.
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.