Divine Hira Jewellers Ltd
Incorporated in July 2022 Divine Hira Jewellers Limited specializes in designing and marketing premium 22 Karat gold jewelry.[1]
- Market Cap ₹ 438 Cr.
- Current Price ₹ 336
- High / Low ₹ 346 / 43.0
- Stock P/E 61.4
- Book Value ₹ 38.7
- Dividend Yield 0.00 %
- ROCE 16.1 %
- ROE 15.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 8.66 times its book value
- 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 2023 9m | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| 125 | 183 | 359 | 884 | |
| 123 | 180 | 350 | 873 | |
| Operating Profit | 2 | 3 | 9 | 11 |
| OPM % | 1% | 2% | 2% | 1% |
| 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 7 | 10 |
| Tax % | 25% | 25% | 25% | 25% |
| 1 | 1 | 6 | 7 | |
| EPS in Rs | 4.26 | 5.46 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 92% |
| TTM: | 146% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 110% |
| TTM: | 28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 647% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| Last Year: | 15% |
Balance Sheet
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 7 | 7 | 13 | 13 |
| Reserves | 1 | 2 | 30 | 38 |
| 14 | 19 | 19 | 23 | |
| 1 | 1 | 3 | 8 | |
| Total Liabilities | 23 | 29 | 65 | 82 |
| 0 | 0 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 23 | 29 | 65 | 81 | |
| Total Assets | 23 | 29 | 65 | 82 |
Cash Flows
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| -1 | -1 | 1 | -32 | |
| -0 | -0 | -0 | -0 | |
| 2 | 3 | 27 | 3 | |
| Net Cash Flow | 1 | 2 | 28 | -29 |
| Free Cash Flow | -1 | -1 | 0 | -32 |
| CFO/OP | -48% | -29% | 30% | -271% |
Ratios
Figures in Rs. Crores
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 36 | 30 | 10 | 27 |
| Inventory Days | 29 | 23 | 24 | 5 |
| Days Payable | 0 | 0 | 0 | 2 |
| Cash Conversion Cycle | 65 | 53 | 34 | 30 |
| Working Capital Days | 22 | 15 | 14 | 21 |
| ROCE % | 14% | 20% | 16% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Revenue from Bullion INR Lakhs |
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| Revenue from Gold Jewellery INR Lakhs |
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| Trade Receivable Turnover x |
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| Geographic Concentration - Maharashtra % |
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| Number of Job Workers Count |
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| Sales Concentration - Top 10 Customers % |
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| Total Employees Count |
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Extracted by Screener AI
Documents
Announcements
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Copy of Newspaper Publication
12 May 2026 - Newspaper ads published for postal ballot notice and remote e-voting; voting runs May 12 to June 12, 2026.
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Shareholders meeting
11 May 2026 - Postal ballot seeks approval for capital increase to ₹39.5 crore and 2:1 bonus shares.
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Statement of deviation(s) or variation(s) under Reg. 32
9 May 2026 - Board approved audited FY26 results, 2:1 bonus issue, authorised capital rise to ₹39.5 crore, new subsidiary.
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Outcome of Board Meeting
8 May 2026 - Board approved audited FY26 results, 2:1 bonus issue, authorised capital raised to ₹39.5 crore, new subsidiary.
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Bonus
8 May 2026 - Board approves 2:1 bonus issue, raises authorised capital to ₹39.5 crore, and forms Taaris Jewels subsidiary.
Business Profile[1]
Divine Hira Jewellers Limited is engaged in designing and marketing gold jewelry, specializing in 22 Karat gold jewelry. The company primarily operates in wholesale gold jewelry, silver articles, bullion, and coins, with operations in Zaveri Bazar, Mumbai. It serves wholesalers, showrooms, and retailers offering a wide range of handcrafted and machine-made jewelry.