Utssav CZ Gold Jewels Ltd
Incorporated in 2007, Utssav CZ Gold
Jewels Ltd in the business of Jewellery
made of precious metals and semiprecious
stones[1]
- Market Cap ₹ 746 Cr.
- Current Price ₹ 309
- High / Low ₹ 328 / 160
- Stock P/E 12.6
- Book Value ₹ 82.0
- Dividend Yield 0.00 %
- ROCE 28.8 %
- ROE 36.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 105% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 35.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- 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 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 117 | 120 | 123 | 238 | 340 | 646 | 1,155 | |
| 113 | 117 | 117 | 226 | 319 | 607 | 1,064 | |
| Operating Profit | 4 | 4 | 6 | 12 | 21 | 40 | 91 |
| OPM % | 4% | 3% | 5% | 5% | 6% | 6% | 8% |
| 0 | 0 | 0 | 2 | 2 | 1 | 3 | |
| Interest | 1 | 1 | 2 | 4 | 5 | 6 | 13 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 2 | 4 | 10 | 17 | 33 | 80 |
| Tax % | 25% | 26% | 21% | 26% | 25% | 24% | 26% |
| 2 | 2 | 3 | 7 | 13 | 25 | 59 | |
| EPS in Rs | 4.93 | 3.86 | 7.95 | 17.02 | 7.65 | 10.52 | 24.46 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 69% |
| TTM: | 79% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 105% |
| 3 Years: | 112% |
| TTM: | 131% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 35% |
| 3 Years: | 36% |
| Last Year: | 36% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 17 | 24 | 24 |
| Reserves | 6 | 8 | 11 | 18 | 18 | 103 | 174 |
| 15 | 30 | 36 | 50 | 73 | 130 | 186 | |
| 3 | 2 | 5 | 10 | 13 | 13 | 24 | |
| Total Liabilities | 28 | 44 | 56 | 82 | 121 | 270 | 408 |
| 8 | 9 | 10 | 10 | 12 | 8 | 9 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 20 | 35 | 46 | 72 | 110 | 261 | 400 | |
| Total Assets | 28 | 44 | 56 | 82 | 121 | 270 | 408 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 3 | -14 | -2 | -12 | 7 | -89 | -61 | |
| 0 | 0 | -2 | 1 | -1 | 3 | 0 | |
| -3 | 14 | 4 | 10 | 19 | 118 | 56 | |
| Net Cash Flow | -1 | -0 | 0 | 0 | 24 | 32 | -5 |
| Free Cash Flow | 3 | -14 | -4 | -10 | 5 | -87 | -62 |
| CFO/OP | 82% | -397% | -18% | -74% | 52% | -205% | -44% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 39 | 65 | 67 | 48 | 61 | 62 | 54 |
| Inventory Days | 16 | 32 | 62 | 39 | 25 | 51 | |
| Days Payable | 3 | 1 | 1 | 0 | 0 | 1 | |
| Cash Conversion Cycle | 51 | 96 | 128 | 87 | 86 | 112 | 54 |
| Working Capital Days | 13 | 55 | 49 | 33 | 4 | 41 | 44 |
| ROCE % | 10% | 13% | 20% | 24% | 22% | 29% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Annual Installed Production Capacity Kgs |
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| Capacity Utilization % |
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| Fixed Asset Turnover Times |
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| Number of States Present Count |
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| Retailers & Distributors Network Count |
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| Sales Volume Growth % |
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Extracted by Screener AI
Documents
Announcements
-
Disclosure under SEBI Takeover Regulations
3 June 2026 - Utssav CZ Gold Jewels Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and …
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Structural Digital Database
29 May 2026 - SDD compliance certificate for year ended March 31, 2026 confirms 13 events captured, nil non-compliance.
-
Analysts/Institutional Investor Meet/Con. Call Updates
29 May 2026 - Transcript of H2 FY26/FY26 earnings call: revenue grew 79%, PAT 136%, with UAE subsidiary and INR50 crore capex plans.
-
Updates
25 May 2026 - FY26 profit rose 136% to Rs59.06 crore; revenue up 78.7% to Rs1,154.90 crore; UAE subsidiary and 2.5-tonne expansion planned.
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Analysts/Institutional Investor Meet/Con. Call Updates
25 May 2026 - Audio link for H2FY26 and FY26 earnings call held May 25, 2026, posted on website.
Annual reports
Concalls
-
May 2026Transcript PPT
-
Nov 2025Transcript PPT
Business Overview:[1][2]
UCZGJL manufactures CZ-studded gold jewellery. It is in the business of designing, manufacturing, wholesaling and exporting of 18 Carat 20 Carat and 22 Carat CZ Gold jewellery. Our Company specializes in light weight production of cubic zirconia (CZ) gold and rose gold casting jewellery.