MarketFriction

Grover Jewells Ltd

NSE GJL · Gems, Jewellery And Watches
₹464.00 +3.61%
NSE close2026-10-01
52 week range91.40 - 447.85
Market cap₹619 Cr.
P/E29.2
IPO 2026 · +427% since ESM Price band 5% Delivery 85.7%

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

Standalone, Rs crore
Mar 2026
Sales536
Expenses513
Operating Profit23
OPM %4.3%
Other Income1
Interest2
Depreciation1
Profit before tax21
Tax %18%
Net Profit17
EPS in Rs11.75
Mar 2023Mar 2024Mar 2025Mar 2026
Sales255258461824
Expenses251253449795
Operating Profit451130
OPM %1.6%1.8%2.5%3.6%
Other Income-0001
Interest0012
Depreciation1112
Profit before tax33926
Tax %18%18%18%18%
Net Profit33821
EPS in Rs10.1710.4328.5914.59
Dividend Payout %-0%-0%-0%-0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%48%79%
Compounded Profit Growth%%98%176%
Stock Price CAGR%%%%
Return on Equity%%50%49%
Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital33315
Reserves461455
Borrowings44927
Other Liabilities2147
Total Liabilities121430103
Fixed Assets34513
CWIP-0-0-0-0
Investments-0-0-0-0
Other Assets9102590
Total Assets121430103
Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity230-31
Cash from Investing Activity-2-2-2-14
Cash from Financing Activity00447
Net Cash Flow-0022
Free Cash Flow-00-2-42
CFO/OP55%69%18%-91%
Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days0104
Inventory Days12111631
Days Payable2021
Cash Conversion Cycle10121534
Working Capital Days9111127
ROCE %32%52%46%
Mar 2026
Promoters73.50%
FIIs2.59%
DIIs2.37%
Public21.54%
No. of Shareholders104

Fundamentals

Market Cap₹ 619 Cr.
Current Price₹ 427
Stock P/E29.2
Book Value₹ 47.9
ROCE46.0 %
ROE49.1 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)79%
Compounded Profit Growth (TTM)176%
Standalone figures.
Ownership
Promoter holding73.50%
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).
PeriodGJLNifty 50Difference
1 week+25.9%-2.8% +28.7 pts
1 month+97.4%-6.8% +104.2 pts
3 months+125.5%-7.6% +133.1 pts
6 months+124.8%+0.4% +124.3 pts

Red flags

lookOn NSE surveillance On NSE surveillance: ESM
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.
ESM: stage 1Less than 100 unique PAN traded in previous 30 daysSME scrip is not regularly traded
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03