Price
Financials
Standalone, Rs crore| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 25 | 35 | 69 | 45 |
| Expenses | 21 | 31 | 61 | 40 |
| Operating Profit | 4 | 4 | 8 | 5 |
| OPM % | 17% | 12% | 12% | 12% |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 |
| Profit before tax | 3 | 3 | 8 | 5 |
| Tax % | 28% | 22% | 25% | 27% |
| Net Profit | 2 | 2 | 6 | 3 |
| EPS in Rs | 1.88 | 2.08 | 3.14 | 1.87 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 12 | 7 | 7 | 14 | 43 | 60 | 114 |
| Expenses | 11 | 6 | 5 | 11 | 38 | 51 | 100 |
| Operating Profit | 1 | 1 | 2 | 2 | 6 | 8 | 14 |
| OPM % | 11% | 20% | 24% | 16% | 13% | 14% | 12% |
| Other Income | 0 | 0 | 0 | -0 | 0 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 1 | 1 | 4 | 6 | 12 |
| Tax % | 33% | 0% | 29% | 37% | 29% | 25% | 26% |
| Net Profit | 0 | 0 | 0 | 1 | 3 | 5 | 9 |
| EPS in Rs | 0.24 | 0.24 | 1.09 | 0.48 | 2.66 | 3.97 | 5.01 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 75% | 103% | 91% | ||
| Compounded Profit Growth | % | 157% | 143% | 90% | ||
| Stock Price CAGR | % | % | % | -33% | ||
| Return on Equity | % | 33% | 36% | 34% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 2 | 6 | 6 | 6 | 9 |
| Reserves | 0 | 0 | 1 | 1 | 4 | 9 | 30 |
| Borrowings | 11 | 12 | 12 | 6 | 15 | 19 | 17 |
| Other Liabilities | 1 | 1 | 1 | 1 | 1 | 2 | 4 |
| Total Liabilities | 14 | 15 | 15 | 13 | 26 | 35 | 61 |
| Fixed Assets | 1 | 0 | 0 | 0 | 0 | 1 | 0 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 14 | 15 | 15 | 13 | 26 | 35 | 60 |
| Total Assets | 14 | 15 | 15 | 13 | 26 | 35 | 61 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -2 | 0 | 1 | 5 | -6 | -4 | -11 |
| Cash from Investing Activity | -0 | 0 | 0 | 0 | -0 | -0 | -0 |
| Cash from Financing Activity | 2 | -0 | -1 | -4 | 9 | 1 | 13 |
| Net Cash Flow | -0 | 0 | 0 | 1 | 2 | -3 | 2 |
| Free Cash Flow | -3 | 0 | 1 | 5 | -6 | -5 | -11 |
| CFO/OP | -170% | 23% | 78% | 246% | -93% | -36% | -61% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 5 | 1 | 0 | 0 | 9 | 27 | 24 |
| Inventory Days | 500 | 1,108 | 1,192 | 405 | 210 | 217 | 185 |
| Days Payable | 26 | 55 | 7 | 15 | 0 | 1 | 2 |
| Cash Conversion Cycle | 479 | 1,054 | 1,185 | 389 | 218 | 243 | 207 |
| Working Capital Days | 314 | 609 | 535 | 271 | 159 | 158 | 144 |
| ROCE % | 8% | 11% | 15% | 30% | 28% | 30% |
| May 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|
| Promoters | 63.27% | 65.28% | 65.28% |
| DIIs | 1.71% | 0.07% | 0.00% |
| Public | 35.03% | 34.65% | 34.72% |
| No. of Shareholders | 749 | 462 | 470 |
Fundamentals
Market Cap₹ 48.3 Cr.
Current Price₹ 26.8
Stock P/E5.35
Book Value₹ 21.6
ROCE30.2 %
ROE33.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)91%
Compounded Profit Growth (TTM)90%
Standalone figures.
Valuation
Market capRs 49 Cr
Enterprise valueRs 54 Cr
P/E (TTM)86.81x
Price to book7.52x
Price to sales3.64x
EV / EBITDA26.33x
EV / EBIT27.54x
EV / sales3.97x
Price to cash flow10.12x
Earnings yield1.15%
Profitability
Operating margin (excl. other income)15.66%
Operating margin (incl. other income)15.07%
EBITDA margin15.07%
Pre-tax margin6.62%
Net profit margin4.19%
ROE12.56%
ROCE14.65%
ROA4.05%
ROE, 3-year average10.62%
ROCE, 3-year average11.25%
ROA, 3-year average2.32%
ROIC (approx.)11.21%
Tax rate36.67%
Other income / net worth-1.22%
Growth
Sales growth (latest year)101.48%
Profit growth (latest year)58.33%
Sales CAGR, 3 years4.20%
Profit CAGR, 3 years92.43%
Per share
EPS (TTM)Rs 0.32
EPS (latest year)Rs 0.95
EPS, 3-year averageRs 1.20
Book value per shareRs 3.66
Sales per shareRs 7.57
Cash flow per shareRs 2.72
Free cash flow per shareRs -6.12
Efficiency
Asset turnover1.05x
Fixed asset turnover61.82x
Inventory turnover0.92x
Inventory days399 days
Creditor days2 days
Cash conversion cycle207 days
Working capital days144 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 1 Cr
Net debtRs 4 Cr
Debt to equity0.86x
Net debt / EBITDA2.19x
Interest coverage1.85x
Owners' fund to total sources50.73%
Debt to assets43.72%
Cash flow
Cash from Operating Activity (latest year)Rs 5 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs -4 Cr
Net Cash Flow (latest year)Rs 1 Cr
Free cash flow (latest year)Rs -11 Cr
FCFE (approx.: FCF + change in debt)Rs -17 Cr
Cash from ops / profit, 5 years-0.83x
Sales to cash flow2.78x
Statement figures
Net sales (TTM)Rs 14 Cr
Net sales (latest year)Rs 14 Cr
Operating profit excl. other income (latest year)Rs 2 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 1 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 10 Cr
Total expenditure (latest year)Rs 11 Cr
Total income (latest year)Rs 14 Cr
Share capitalRs 6 Cr
ReservesRs 1 Cr
Shareholders' fundsRs 7 Cr
Total assetsRs 13 Cr
Net blockRs 0 Cr
InventoryRs 11 Cr
Other liabilitiesRs 1 Cr
Shares outstanding (crore)1.80
Ownership
Promoter holding65.28%
Computed by MarketFriction from the standalone statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | 544400 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +2.0% | -2.8% | +4.7 pts |
| 1 month | -5.1% | -6.8% | +1.7 pts |
| 3 months | -32.2% | -7.6% | -24.6 pts |
Red flags
F-score 6 of 8| explain | Share dilution Share count up 264% in a year, 264% in three |
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
No quarterly results published.
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 Manoj Jewellers Ltd?
Manoj Jewellers Ltd (544400) has a market capitalisation of Rs 48.3 Cr. at the 2026-10-01 close.
What is the P/E ratio of Manoj Jewellers Ltd?
Manoj Jewellers Ltd trades at a P/E of 5.35 on trailing twelve-month profit, at the 2026-10-01 close.