Price
Financials
Standalone, Rs crore| Jun 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 187 | 208 | 381 | 375 | 394 | 622 | 404 | 549 | 589 | 508 | 586 |
| Expenses | 181 | 197 | 368 | 360 | 377 | 602 | 383 | 516 | 554 | 471 | 546 |
| Operating Profit | 6 | 10 | 13 | 15 | 16 | 19 | 21 | 32 | 35 | 37 | 39 |
| OPM % | 3.4% | 5.0% | 3.5% | 4.0% | 4.1% | 3.1% | 5% | 6% | 6% | 7% | 7% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 5 | 9 | 12 | 15 | 15 | 18 | 20 | 32 | 34 | 35 | 37 |
| Tax % | 46% | 37% | 26% | 26% | 19% | 32% | 25% | 25% | 26% | 27% | 25% |
| Net Profit | 3 | 6 | 9 | 11 | 12 | 13 | 15 | 24 | 25 | 26 | 28 |
| EPS in Rs | 1.55 | 2.34 | 3.72 | 4.36 | 5.00 | 5.07 | 6.12 | 9.52 | 10.15 | 10.34 | 11.25 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 382 | 257 | 481 | 821 | 1,772 | 2,049 | 2,231 |
| Expenses | 353 | 374 | 249 | 465 | 780 | 1,708 | 1,924 | 2,088 |
| Operating Profit | 8 | 8 | 8 | 16 | 41 | 64 | 125 | 143 |
| OPM % | 2.2% | 2.0% | 2.9% | 3.2% | 5% | 3.6% | 6% | 6% |
| Other Income | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 |
| Interest | 6 | 5 | 4 | 6 | 5 | 4 | 6 | 7 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 3 | 4 | 4 | 10 | 37 | 61 | 121 | 138 |
| Tax % | 24% | 24% | 23% | 26% | 26% | 26% | 26% | |
| Net Profit | 2 | 3 | 3 | 8 | 27 | 45 | 89 | 102 |
| EPS in Rs | 11.04 | 18.17 | 36.13 | 41.26 | ||||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 40% | 62% | 24% | ||
| Compounded Profit Growth | % | 102% | 130% | 101% | ||
| Stock Price CAGR | % | % | 49% | 20% | ||
| Return on Equity | % | 26% | 27% | 32% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 10 | 10 | 25 | 25 | 25 |
| Reserves | 13 | 16 | 19 | 26 | 163 | 207 | 295 |
| Borrowings | 78 | 75 | 84 | 85 | 55 | 65 | 110 |
| Other Liabilities | 3 | 13 | 12 | 24 | 12 | 10 | 36 |
| Total Liabilities | 104 | 113 | 124 | 145 | 254 | 306 | 466 |
| Fixed Assets | 13 | 9 | 13 | 13 | 13 | 13 | 25 |
| CWIP | 0 | 0 | 0 | 0 | 2 | 6 | 0 |
| Investments | 0 | 0 | 0 | 0 | 3 | 0 | 0 |
| Other Assets | 91 | 104 | 112 | 132 | 236 | 287 | 440 |
| Total Assets | 104 | 113 | 124 | 145 | 254 | 306 | 466 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 6 | 5 | -1 | 6 | -83 | 1 | -36 |
| Cash from Investing Activity | -4 | 4 | -4 | -1 | -6 | -5 | -2 |
| Cash from Financing Activity | -4 | -8 | 5 | -6 | 90 | 5 | 38 |
| Net Cash Flow | -2 | 1 | 0 | -1 | 1 | 2 | 1 |
| Free Cash Flow | 2 | 9 | -5 | 6 | -86 | -3 | -42 |
| CFO/OP | 87% | 71% | -2% | 54% | -180% | 20% | -8% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 1 | 1 | 5 | 2 | 10 | 4 | 4 |
| Inventory Days | 90 | 101 | 158 | 101 | 95 | 55 | 78 |
| Days Payable | 3 | 12 | 16 | 18 | 1 | 1 | 5 |
| Cash Conversion Cycle | 88 | 89 | 146 | 85 | 104 | 58 | 76 |
| Working Capital Days | 88 | 58 | 96 | 56 | 83 | 43 | 52 |
| ROCE % | 8% | 8% | 14% | 23% | 24% | 35% |
| Sep 2023 | Mar 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.68% | 74.51% | 74.51% | 74.51% | 74.51% | 74.51% | 74.51% | 74.51% | 74.51% | 74.51% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% | 0.02% |
| DIIs | 1.54% | 1.49% | 1.44% | 1.51% | 1.60% | 1.59% | 1.76% | 1.76% | 1.74% | 0.13% |
| Public | 24.79% | 24.01% | 24.06% | 23.98% | 23.89% | 23.89% | 23.71% | 23.73% | 23.74% | 25.34% |
| No. of Shareholders | 826 | 812 | 908 | 1,126 | 1,147 | 1,249 | 1,165 | 1,291 | 1,116 | 1,158 |
Fundamentals
Market Cap₹ 1,770 Cr.
Current Price₹ 715
Stock P/E17.3
Book Value₹ 140
ROCE34.8 %
ROE32.4 %
Dividend Yield0.07 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)24%
Compounded Profit Growth (TTM)101%
Standalone figures.
Valuation
Market capRs 1,759 Cr
Enterprise valueRs 1,843 Cr
P/E (TTM)17.22x
Price to book48.78x
Price to sales0.79x
EV / EBITDA12.64x
EV / EBIT12.74x
EV / sales0.83x
Price to cash flow303.19x
Earnings yield5.81%
Profitability
Operating margin (excl. other income)3.25%
Operating margin (incl. other income)3.50%
EBITDA margin6.54%
Pre-tax margin6.17%
Net profit margin4.58%
Net margin, latest quarter4.75%
ROE23.35%
ROCE14.33%
ROA5.61%
ROE, 3-year average15.63%
ROCE, 3-year average10.14%
ROA, 3-year average3.64%
ROIC (approx.)88.45%
Tax rate26.39%
Other income / net worth3.22%
Growth
Sales growth (latest year)87.07%
Profit growth (latest year)131.19%
Sales CAGR, 3 years10.00%
Profit CAGR, 3 years48.47%
Sales growth QoQ15.33%
Profit growth QoQ8.75%
Sales growth YoY (latest quarter)45.07%
Profit growth YoY (latest quarter)83.70%
Per share
EPS (TTM)Rs 41.26
EPS (latest year)Rs 7.61
EPS (latest quarter)Rs 11.25
EPS, 3-year averageRs 4.56
Book value per shareRs 14.57
Sales per shareRs 901.60
Cash flow per shareRs 2.34
Free cash flow per shareRs -16.97
Efficiency
Asset turnover3.31x
Fixed asset turnover37.52x
Inventory turnover3.62x
Inventory days101 days
Debtor days2 days
Debtors turnover237.95x
Creditor days5 days
Cash conversion cycle76 days
Working capital days52 days
Leverage
Total debtRs 85 Cr
Cash and bankRs 0 Cr
Net debtRs 84 Cr
Debt to equity2.35x
Net debt / EBITDA0.58x
Interest coverage20.52x
Owners' fund to total sources24.85%
Debt to assets58.33%
Cash flow
Cash from Operating Activity (latest year)Rs 6 Cr
Cash from Investing Activity (latest year)Rs -1 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs -42 Cr
FCFE (approx.: FCF + change in debt)Rs -42 Cr
Cash from ops / profit, 5 years-0.66x
Sales to cash flow82.87x
Statement figures
Net sales (TTM)Rs 2,231 Cr
Net sales (latest year)Rs 481 Cr
Sales (latest quarter)Rs 586 Cr
Operating profit excl. other income (latest year)Rs 16 Cr
Operating profit (latest quarter)Rs 39 Cr
Other income (TTM)Rs 2 Cr
EBITDA (TTM)Rs 146 Cr
PBDT (TTM)Rs 139 Cr
Profit before tax (TTM)Rs 138 Cr
Tax (latest year)Rs 3 Cr
Net profit (TTM)Rs 102 Cr
Net profit (latest year)Rs 8 Cr
Net profit (latest quarter)Rs 28 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 7 Cr
Cost of goods sold (latest year)Rs 463 Cr
Total expenditure (latest year)Rs 465 Cr
Total income (latest year)Rs 482 Cr
Share capitalRs 10 Cr
ReservesRs 26 Cr
Shareholders' fundsRs 36 Cr
Total assetsRs 145 Cr
Net blockRs 13 Cr
ReceivablesRs 2 Cr
InventoryRs 128 Cr
Other liabilitiesRs 24 Cr
Shares outstanding (crore)2.47
Ownership
Promoter holding74.51% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 17.2 is at the 6th percentile of its own 2.6-year range
(median 31.5, low 17.0, high 365.1).
P/B 48.78 is at the 33th percentile (median 50.90).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 543953 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -2.2% | -2.8% | +0.5 pts |
| 1 month | -10.8% | -6.8% | -4.0 pts |
| 3 months | +15.6% | -7.6% | +23.2 pts |
| 3 years | +228.0% | +14.2% | +213.8 pts |
Red flags
F-score 7 of 8No 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 2026Sales ₹586 Cr +45.0% vs Jun 2025.
Net profit ₹28 Cr +86.7%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Titan Company Ltd | 415,040 | 71.1 | 20.5 % |
| Kalyan Jewellers India Ltd | 58,748 | 40.2 | 21.2 % |
| Lalithaa Jewellery Mart Ltd | 20,989 | 22.0 | 38.0 % |
| Thangamayil Jewellery Ltd | 16,177 | 41.2 | 25.5 % |
| PC Jeweller Ltd | 12,976 | 16.7 | 9.60 % |
| Sky Gold & Diamonds Ltd | 12,713 | 38.0 | 27.0 % |
| Bluestone Jewellery & Lifestyle Ltd | 12,315 | 219 | 6.78 % |
| P N Gadgil Jewellers Ltd | 8,612 | 19.2 | 21.0 % |
| Timex Group India Ltd | 7,360 | 82.5 | 82.8 % |
| Ethos Ltd | 6,662 | 63.1 | 10.4 % |
| Senco Gold Ltd | 5,363 | 9.40 | 21.2 % |
| Goldiam International Ltd | 4,861 | 23.0 | 25.8 % |
| KDDL Ltd | 4,836 | 49.3 | 11.7 % |
| Tribhovandas Bhimji Zaveri Ltd | 4,184 | 19.6 | 21.9 % |
| D.P. Abhushan Ltd | 3,796 | 15.8 | 39.6 % |
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 Khazanchi Jewellers Ltd?
Khazanchi Jewellers Ltd (543953) has a market capitalisation of Rs 1,770 Cr. at the 2026-10-01 close.
What is the P/E ratio of Khazanchi Jewellers Ltd?
Khazanchi Jewellers Ltd trades at a P/E of 17.3 on trailing twelve-month profit, at the 2026-10-01 close.
What were Khazanchi Jewellers Ltd's latest quarterly results?
In the Jun 2026 quarter, Khazanchi Jewellers Ltd sales was Rs 586 Cr (+45.0% vs Jun 2025) and net profit was Rs 28 Cr.