Shubhlaxmi Jewel Art Ltd
Incorporated in 2013, Shubhlaxmi Jewel Art Ltd deals in gold, silver, jewellery, and other precious metals.[1]
- Market Cap ₹ 20.4 Cr.
- Current Price ₹ 19.2
- High / Low ₹ 40.0 / 15.0
- Stock P/E 19.2
- Book Value ₹ 22.3
- Dividend Yield 0.00 %
- ROCE 7.22 %
- ROE 4.59 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.86 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.
- Promoter holding has decreased over last 3 years: -7.66%
* 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 | |
| Sales growth | +3.63% | -45.15% | +111.16% | +25.65% | -11.89% | -19.35% | +11.40% | |
| 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: | 10% |
| 3 Years: | -41% |
| 1 Year: | 21% |
| 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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -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
-
Outcome of Board Meeting
- Board meeting on 3 Nov 2026 approved EGM notice and appointed Mrs. Khusbu as compliance officer.
-
Change in Company Secretary/Compliance Officer
- Board meeting approved EGM notice and appointed Mrs. Khusbu Pande as Compliance Officer from 03.11.2026.
-
Record Date
- Board approved EGM notice and appointed Mrs. Khusbu as Compliance Officer from 03 Nov 2026.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- Registrar confirms dematerialisation compliance for quarter ended 30 September 2026.
-
Shareholders meeting
- Shubhlaxmi Jewel Art Limited has informed regarding voting results of Annual General Meeting held on September 29, 2025
Annual reports
-
Annual Report 2026
from nse
-
Annual Report 2025
from nse
-
Annual Report 2024
from nse
-
Annual Report 2023
from nse
-
Annual Report 2022
from nse
-
Annual Report 2021
from nse
-
Annual Report 2020
from nse
-
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.