Price
Financials
Standalone, Rs crore| Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|
| Sales | 74.07 | 88.46 | 84.11 | 101.29 |
| Expenses | 70.60 | 82.93 | 80.45 | 96.58 |
| Operating Profit | 3.47 | 5.53 | 3.66 | 4.71 |
| OPM % | 4.68% | 6.25% | 4.35% | 4.65% |
| Other Income | 0.12 | 0.09 | 0.24 | 0.07 |
| Interest | 0.70 | 0.89 | 0.98 | 1.27 |
| Depreciation | 0.10 | 0.11 | 0.12 | 0.13 |
| Profit before tax | 2.79 | 4.62 | 2.80 | 3.38 |
| Tax % | 26.88% | 25.32% | 30.00% | 25.44% |
| Net Profit | 2.04 | 3.45 | 1.96 | 2.52 |
| EPS in Rs | 3.36 | 5.69 | 3.23 | 4.15 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| Sales | 68 | 127 | 194 | 246 | 220 | 292 | 348 |
| Expenses | 67 | 125 | 190 | 241 | 215 | 278 | 331 |
| Operating Profit | 1 | 2 | 4 | 5 | 6 | 14 | 17 |
| OPM % | 1.9% | 1.7% | 2.0% | 2.1% | 2.6% | 4.9% | 5.0% |
| Other Income | -0 | 0 | 0 | 1 | 1 | 0 | 1 |
| Interest | -0 | 0 | 1 | 2 | 2 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 2 | 3 | 4 | 4 | 11 | 14 |
| Tax % | 30% | 30% | 31% | 27% | 27% | 27% | |
| Net Profit | 1 | 1 | 2 | 3 | 3 | 8 | 10 |
| EPS in Rs | 33.17 | 47.05 | 76.75 | 7.01 | 6.43 | 13.22 | 16.43 |
| Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 34% | 15% | 32% | ||
| Compounded Profit Growth | % | 56% | 59% | 178% | ||
| Stock Price CAGR | % | % | % | 359% | ||
| Return on Equity | % | 29% | 29% | 31% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 4 | 4 | 6 |
| Reserves | 1 | 2 | 4 | 7 | 10 | 30 |
| Borrowings | 2 | 7 | 12 | 22 | 33 | 44 |
| Other Liabilities | 4 | 5 | 17 | 3 | 2 | 4 |
| Total Liabilities | 10 | 16 | 36 | 37 | 49 | 84 |
| Fixed Assets | 1 | 1 | 3 | 4 | 3 | 5 |
| CWIP | 0 | -0 | 1 | -0 | -0 | -0 |
| Investments | -0 | -0 | -0 | -0 | -0 | 1 |
| Other Assets | 9 | 16 | 33 | 34 | 46 | 78 |
| Total Assets | 10 | 16 | 36 | 37 | 49 | 84 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1 | -4 | -2 | 4 | -8 | -10 |
| Cash from Investing Activity | -0 | -0 | -3 | -1 | 0 | -11 |
| Cash from Financing Activity | -0 | 4 | 5 | -4 | 8 | 21 |
| Net Cash Flow | 0 | -0 | 0 | 0 | 0 | 1 |
| Free Cash Flow | 0 | -4 | -5 | 4 | -8 | -12 |
| CFO/OP | 52% | -181% | -33% | 84% | -141% | -47% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 3 | 41 | 27 | 19 | 30 | 51 |
| Inventory Days | 1 | 32 | 26 | 39 | 32 | |
| Days Payable | 9 | 30 | 1 | 0 | 0 | |
| Cash Conversion Cycle | 3 | 33 | 30 | 45 | 68 | 83 |
| Working Capital Days | 13 | 11 | 9 | 14 | 20 | 27 |
| ROCE % | 23% | 24% | 22% | 15% | 22% |
| Sep 2025 | Mar 2026 | |
|---|---|---|
| Promoters | 56.33% | 56.33% |
| FIIs | 2.00% | 0.00% |
| DIIs | 2.47% | 0.00% |
| Public | 39.20% | 43.67% |
| No. of Shareholders | 205 | 211 |
Fundamentals
Market Cap₹ 254 Cr.
Current Price₹ 418
Stock P/E25.4
Book Value₹ 59.8
ROCE22.3 %
ROE31.4 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)32%
Compounded Profit Growth (TTM)178%
Standalone figures.
Valuation
Market capRs 263 Cr
Enterprise valueRs 269 Cr
P/E (TTM)215.18x
Price to book51.98x
Price to sales2.06x
EV / EBITDA125.12x
EV / EBIT129.33x
EV / sales2.11x
Earnings yield0.46%
Profitability
Operating margin (excl. other income)1.68%
Operating margin (incl. other income)1.69%
EBITDA margin1.69%
Pre-tax margin1.37%
Net profit margin0.96%
ROE27.48%
ROCE23.28%
ROA9.19%
ROIC (approx.)12.67%
Tax rate29.71%
Other income / net worth0.20%
Growth
Sales growth (latest year)87.95%
Profit growth (latest year)41.86%
Per share
EPS (TTM)Rs 2.01
EPS (latest year)Rs 42.91
Book value per shareRs 8.32
Sales per shareRs 209.92
Cash flow per shareRs -6.56
Free cash flow per shareRs -19.77
Efficiency
Asset turnover7.75x
Fixed asset turnover149.87x
Inventory turnover683.89x
Inventory days1 days
Debtor days41 days
Debtors turnover8.80x
Creditor days0 days
Cash conversion cycle83 days
Working capital days27 days
Leverage
Total debtRs 7 Cr
Cash and bankRs 0 Cr
Net debtRs 6 Cr
Debt to equity1.31x
Net debt / EBITDA3.02x
Interest coverage6.30x
Owners' fund to total sources30.72%
Debt to assets40.15%
Cash flow
Cash from Operating Activity (latest year)Rs -4 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 -0 Cr
Free cash flow (latest year)Rs -12 Cr
FCFE (approx.: FCF + change in debt)Rs -8 Cr
Cash from ops / profit, 5 years-1.18x
Statement figures
Net sales (TTM)Rs 127 Cr
Net sales (latest year)Rs 127 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 2 Cr
Profit before tax (TTM)Rs 2 Cr
Tax (latest year)Rs 1 Cr
Net profit (TTM)Rs 1 Cr
Net profit (latest year)Rs 1 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 123 Cr
Total expenditure (latest year)Rs 125 Cr
Total income (latest year)Rs 127 Cr
Share capitalRs 3 Cr
ReservesRs 2 Cr
Shareholders' fundsRs 5 Cr
Total assetsRs 16 Cr
Net blockRs 1 Cr
ReceivablesRs 14 Cr
InventoryRs 0 Cr
Other liabilitiesRs 5 Cr
Shares outstanding (crore)0.61
Ownership
Promoter holding56.33%
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 | 544425 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +19.8% | -2.8% | +22.6 pts |
| 1 month | +150.5% | -6.8% | +157.3 pts |
| 3 months | +318.0% | -7.6% | +325.6 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -160% of net profit over the last 2 years |
| explain | High accruals Profit exceeded operating cash by 32% of total assets in 2026 |
| explain | Receivables outrunning sales Receivables grew 2685% vs sales +88% in 2026 |
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 AJC Jewel Manufacturers Ltd?
AJC Jewel Manufacturers Ltd (544425) has a market capitalisation of Rs 254 Cr. at the 2026-10-01 close.
What is the P/E ratio of AJC Jewel Manufacturers Ltd?
AJC Jewel Manufacturers Ltd trades at a P/E of 25.4 on trailing twelve-month profit, at the 2026-10-01 close.