MarketFriction

Vega Jewellers Ltd

BSE 512026 · Trading & Distributors
₹65.04 +4.99%
BSE close2026-09-17
Market cap₹331 Cr.
P/E6.04

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Dec 2020Mar 2021Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales371131320150263258307272
Expenses361831320141243230277233
Operating Profit1-7-0-000-0920283039
OPM %2.4%-63%-7%-4.1%0.7%9%-139%6%8%11%10%14%
Other Income000000010010
Interest000000-034556
Depreciation000000012222
Profit before tax1-7-0-0-00-0615212330
Tax %23%0%-150%0%0%0%10%33%30%30%29%27%
Net Profit1-70-0-00-0411151722
EPS in Rs2.21-30.290.08-1.21-0.960.67-0.920.701.772.533.063.62
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2026TTM
Sales3638335669821,100
Expenses353832626895983
Operating Profit101-6-087116
OPM %2.2%1.3%1.8%-11%-1.4%9%11%
Other Income0100022
Interest111111821
Depreciation0000078
Profit before tax0-0-0-7-16589
Tax %100%0%-41%1%4%30%
Net Profit0-0-0-7-14564
EPS in Rs0.00-0.38-1.08-28.79-2.468.9410.98
Dividend Payout %0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%178%%%
Compounded Profit Growth%140%%%
Stock Price CAGR%%%68%
Return on Equity%%%28%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2026
Equity Capital0.480.480.480.480.4810
Reserves222-52154
Borrowings1098100278
Other Liabilities36220238
Total Liabilities15181383680
Fixed Assets0000053
CWIP000000
Investments000004
Other Assets15171273622
Total Assets15181383680
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2026
Cash from Operating Activity022-1-0-350
Cash from Investing Activity000-00-29
Cash from Financing Activity0-2-210368
Net Cash Flow000-00-10
Free Cash Flow022-1-0-373
CFO/OP0%463%344%12%138%-401%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2026
Debtor Days1461541163411
Inventory Days00001246
Days Payable5665149
Cash Conversion Cycle14698110291199
Working Capital Days242219-3315279
ROCE %9%6%-74%-1%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.30%74.30%74.30%74.30%72.68%72.68%72.68%70.00%69.73%69.73%71.15%71.15%
Public25.70%25.69%25.69%25.69%27.31%27.31%27.31%30.00%30.27%30.27%28.86%28.86%
No. of Shareholders3637383848146114165163164160173

Fundamentals

Market Cap₹ 331 Cr.
Current Price₹ 65.0
Stock P/E6.04
Book Value₹ 32.2
ROCE%
ROE27.7 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)%
Compounded Profit Growth (TTM)%
Consolidated figures.
Valuation
Market capRs 331 Cr
Enterprise valueRs 340 Cr
P/E (TTM)6.04x
Price to book122.57x
Price to sales0.30x
EV / EBITDA2.87x
EV / EBIT3.08x
EV / sales0.31x
Price to cash flow147.08x
Earnings yield16.56%
Profitability
Operating margin (excl. other income)1.28%
Operating margin (incl. other income)2.96%
EBITDA margin10.75%
Pre-tax margin8.13%
Net profit margin4.98%
Net margin, latest quarter6.78%
ROE-3.28%
ROCE9.14%
ROA-0.55%
ROIC (approx.)967.81%
Other income / net worth23.70%
Growth
Sales growth (latest year)6.92%
Sales growth QoQ-11.57%
Profit growth QoQ18.24%
Sales growth YoY (latest quarter)80.53%
Profit growth YoY (latest quarter)446.29%
Per share
EPS (TTM)Rs 10.77
EPS (latest year)Rs -1.88
EPS (latest quarter)Rs 3.62
Book value per shareRs 0.53
Sales per shareRs 216.15
Cash flow per shareRs 0.44
Free cash flow per shareRs -73.31
Efficiency
Asset turnover2.18x
Fixed asset turnover123.10x
Inventory turnover3527.00x
Inventory days0 days
Debtor days154 days
Debtors turnover2.37x
Creditor days49 days
Cash conversion cycle199 days
Working capital days79 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 0 Cr
Net debtRs 9 Cr
Debt to equity3.27x
Net debt / EBITDA0.07x
Interest coverage5.29x
Owners' fund to total sources15.40%
Debt to assets50.31%
Cash flow
Cash from Operating Activity (latest year)Rs 2 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -2 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -373 Cr
FCFE (approx.: FCF + change in debt)Rs -374 Cr
Cash from ops / profit, 5 years-9.38x
Sales to cash flow16.96x
Statement figures
Net sales (TTM)Rs 1,100 Cr
Net sales (latest year)Rs 38 Cr
Sales (latest quarter)Rs 272 Cr
Operating profit excl. other income (latest year)Rs 0 Cr
Operating profit (latest quarter)Rs 39 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 118 Cr
PBDT (TTM)Rs 97 Cr
Profit before tax (TTM)Rs 89 Cr
Net profit (TTM)Rs 55 Cr
Net profit (latest year)Rs -0 Cr
Net profit (latest quarter)Rs 18 Cr
Depreciation (TTM)Rs 8 Cr
Depreciation (latest quarter)Rs 2 Cr
Interest (TTM)Rs 21 Cr
Cost of goods sold (latest year)Rs 35 Cr
Total expenditure (latest year)Rs 38 Cr
Total income (latest year)Rs 39 Cr
Share capitalRs 0 Cr
ReservesRs 2 Cr
Shareholders' fundsRs 3 Cr
Total assetsRs 18 Cr
Net blockRs 0 Cr
ReceivablesRs 16 Cr
InventoryRs 0 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)5.09
Ownership
Promoter holding71.15% (+1.15 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
Period512026Nifty 50Difference
1 week+5.0%-2.8% +7.8 pts
1 month+5.0%-6.8% +11.8 pts
3 months+5.0%-7.6% +12.6 pts
3 years+19029.4%+14.2% +19015.2 pts
5 years+19029.4%+27.9% +19001.5 pts

Red flags

No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹272 Cr +81.3% vs Jun 2025. Net profit ₹22 Cr +450.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Vega Jewellers Ltd?

Vega Jewellers Ltd (512026) has a market capitalisation of Rs 331 Cr. at the 2026-09-17 close.

What is the P/E ratio of Vega Jewellers Ltd?

Vega Jewellers Ltd trades at a P/E of 6.04 on trailing twelve-month profit, at the 2026-09-17 close.

What were Vega Jewellers Ltd's latest quarterly results?

In the Jun 2026 quarter, Vega Jewellers Ltd sales was Rs 272 Cr (+81.3% vs Jun 2025) and net profit was Rs 22 Cr.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03