Shubhlaxmi Jewel Art Ltd
Incorporated in 2013, Shubhlaxmi Jewel Art Ltd deals in gold, silver, jewellery, and other precious metals.[1]
- Market Cap ₹ 25.2 Cr.
- Current Price ₹ 23.8
- High / Low ₹ 40.0 / 13.4
- Stock P/E 9.65
- Book Value ₹ 23.8
- Dividend Yield 0.00 %
- ROCE 7.98 %
- ROE 4.07 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.00 times its book value
- Promoter holding has increased by 7.44% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 0.67% over past five years.
- Company has a low return on equity of 5.28% 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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 51.23 | 53.09 | 29.12 | 61.49 | 77.26 | 68.07 | 54.90 | 53.49 | |
| 48.80 | 50.62 | 26.33 | 59.46 | 74.88 | 65.69 | 52.02 | 48.55 | |
| Operating Profit | 2.43 | 2.47 | 2.79 | 2.03 | 2.38 | 2.38 | 2.88 | 4.94 |
| OPM % | 4.74% | 4.65% | 9.58% | 3.30% | 3.08% | 3.50% | 5.25% | 9.24% |
| 0.01 | 0.00 | 0.05 | 0.00 | 0.38 | 0.69 | 0.00 | 0.02 | |
| Interest | 0.75 | 0.73 | 0.58 | 0.86 | 1.23 | 1.19 | 1.36 | 1.20 |
| Depreciation | 0.33 | 0.14 | 0.15 | 0.12 | 0.14 | 0.20 | 0.15 | 0.14 |
| Profit before tax | 1.36 | 1.60 | 2.11 | 1.05 | 1.39 | 1.68 | 1.37 | 3.62 |
| Tax % | 25.74% | 24.38% | 24.17% | 24.76% | 26.62% | 27.38% | 32.85% | |
| 1.00 | 1.21 | 1.59 | 0.78 | 1.02 | 1.22 | 0.90 | 2.61 | |
| EPS in Rs | 1.20 | 1.46 | 1.91 | 0.94 | 1.16 | 1.15 | 0.85 | 2.46 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | -4% |
| TTM: | -18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | 5% |
| TTM: | 114% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | -27% |
| 1 Year: | 30% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 14.60 |
| 7.70 | 7.10 | 5.01 | 6.55 | 11.53 | 10.55 | 13.59 | 12.26 | |
| 4.13 | 1.82 | 4.27 | 2.93 | 4.20 | 3.66 | 5.52 | 12.04 | |
| Total Liabilities | 24.46 | 22.76 | 24.71 | 26.50 | 34.29 | 35.88 | 41.68 | 49.50 |
| 1.99 | 2.04 | 1.89 | 1.79 | 1.94 | 1.92 | 1.84 | 1.78 | |
| 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 | 47.72 | |
| Total Assets | 24.46 | 22.76 | 24.71 | 26.50 | 34.29 | 35.88 | 41.68 | 49.50 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -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 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 11.76 | 8.80 | 15.79 | 12.82 | 6.66 | 9.12 | 7.58 |
| Inventory Days | 154.36 | 145.68 | 329.99 | 136.97 | 124.92 | 186.58 | 288.91 |
| Days Payable | 23.77 | 4.41 | 33.27 | 5.19 | 7.40 | 7.14 | 9.26 |
| Cash Conversion Cycle | 142.34 | 150.07 | 312.51 | 144.60 | 124.18 | 188.55 | 287.22 |
| Working Capital Days | 82.79 | 87.45 | 168.84 | 101.74 | 90.19 | 118.45 | 153.98 |
| ROCE % | 11.29% | 13.00% | 8.68% | 9.77% | 9.34% | 7.98% |
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 |
|
|||||||||
| Number of Showrooms Number |
||||||||||
| Showroom Area Sq. Ft. |
||||||||||
| Operating Cycle Days |
||||||||||
| Product Revenue Concentration - Gold Jewelleries Percentage |
||||||||||
| Revenue Bifurcation - Third Party Manufacturing Rs. in Lakhs |
||||||||||
| Revenue Bifurcation - Trading of Jewellery Rs. in Lakhs |
||||||||||
Extracted by Screener AI
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
14 April 2026 - MUFG Intime confirms dematerialisation requests processed for quarter ended 31 March 2026.
-
Trading Window
27 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited results for year ending March 31, 2026.
-
Shareholders meeting
23 January 2026 - 23 Jan 2026 EGM approved QIP, increase authorised capital, FPI limit to 49%, auditor appointment.
- Structural Digital Database 21 January 2026
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 January 2026 - Registrar confirms dematerialisation for quarter ended 31-Dec-2025; certificates confirmed/mutilated, depositories updated.
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.