Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 126.58 | 84.94 | 105.58 | 136.82 | 158.45 | 117.30 | 167.33 | 150.66 | 151.70 | 115.20 | 261.38 | 267.63 |
| Expenses | 123.44 | 81.01 | 102.86 | 132.44 | 154.01 | 112.81 | 166.57 | 146.50 | 147.25 | 110.76 | 259.26 | 262.58 |
| Operating Profit | 3.14 | 3.93 | 2.72 | 4.38 | 4.44 | 4.49 | 0.76 | 4.16 | 4.45 | 4.44 | 2.12 | 5.05 |
| OPM % | 2.48% | 4.63% | 2.58% | 3.20% | 2.80% | 3.83% | 0.45% | 2.76% | 2.93% | 3.85% | 0.81% | 1.89% |
| Other Income | 0.43 | 0.19 | 0.79 | 0.13 | 0.14 | 0.14 | 2.20 | 0.15 | 0.11 | 0.08 | 1.65 | 1.03 |
| Interest | 1.11 | 2.09 | 1.40 | 1.48 | 1.32 | 1.26 | 1.07 | 1.03 | 0.83 | 0.70 | 0.90 | 1.29 |
| Depreciation | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.68 |
| Profit before tax | 2.42 | 1.99 | 2.07 | 2.99 | 3.22 | 3.32 | 1.85 | 3.24 | 3.69 | 3.78 | 2.83 | 4.11 |
| Tax % | 25.21% | 25.13% | 30.43% | 25.08% | 25.16% | 25.30% | 29.73% | 25.00% | 25.20% | 25.13% | 34.63% | 24.57% |
| Net Profit | 1.81 | 1.48 | 1.43 | 2.24 | 2.41 | 2.48 | 1.30 | 2.42 | 2.76 | 2.83 | 1.85 | 3.10 |
| EPS in Rs | 0.21 | 0.17 | 0.17 | 0.26 | 0.28 | 0.30 | 0.16 | 0.29 | 0.31 | 0.32 | 0.21 | 0.35 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 143 | 240 | 310 | 381 | 344 | 337 | 324 | 447 | 449 | 580 | 679 | 796 |
| Expenses | 140 | 233 | 301 | 372 | 338 | 328 | 317 | 436 | 437 | 566 | 664 | 780 |
| Operating Profit | 3 | 7 | 8 | 9 | 6 | 9 | 7 | 10 | 12 | 14 | 15 | 16 |
| OPM % | 1.9% | 3.0% | 2.7% | 2.4% | 1.8% | 2.5% | 2.2% | 2.3% | 2.7% | 2.4% | 2.2% | 2.0% |
| Other Income | 0 | 0 | 0 | 1 | 5 | 3 | 1 | 1 | 2 | 3 | 2 | 3 |
| Interest | 2 | 3 | 3 | 3 | 4 | 4 | 1 | 2 | 5 | 5 | 3 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 5 | 6 | 7 | 7 | 8 | 7 | 8 | 9 | 11 | 14 | 14 |
| Tax % | 32% | 32% | 33% | 28% | 25% | 27% | 26% | 28% | 26% | 26% | 27% | |
| Net Profit | 0 | 3 | 4 | 5 | 5 | 6 | 5 | 6 | 6 | 8 | 10 | 11 |
| EPS in Rs | 0.04 | 0.75 | 0.45 | 0.55 | 0.62 | 0.65 | 0.59 | 0.71 | 0.72 | 1.01 | 1.12 | 1.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 17% | 15% | 15% | 34% | ||
| Compounded Profit Growth | 51% | 12% | 17% | 22% | ||
| Stock Price CAGR | % | -23% | -12% | -31% | ||
| Return on Equity | 12% | 10% | 10% | 8% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 5 | 5 | 11 | 11 | 11 | 11 | 11 | 11 | 11 | 17 | 18 |
| Reserves | 1 | 3 | 6 | 15 | 20 | 25 | 30 | 34 | 40 | 47 | 94 | 111 |
| Borrowings | 15 | 13 | 36 | 34 | 50 | 60 | 36 | 4 | 28 | 50 | 32 | 25 |
| Other Liabilities | 8 | 23 | 5 | 2 | 5 | 8 | 3 | 1 | 1 | 0 | 1 | 31 |
| Total Liabilities | 27 | 44 | 52 | 62 | 85 | 103 | 79 | 50 | 80 | 108 | 144 | 185 |
| Fixed Assets | 2 | 2 | 2 | 2 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 25 | 42 | 50 | 60 | 83 | 103 | 79 | 49 | 79 | 108 | 143 | 177 |
| Total Assets | 27 | 44 | 52 | 62 | 85 | 103 | 79 | 50 | 80 | 108 | 144 | 185 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 2 | 3 | -8 | -8 | 3 | 19 | -123 | 26 | -21 | -18 | -27 | 4 |
| Cash from Investing Activity | -2 | 0 | -0 | 0 | -0 | -11 | 77 | -0 | 0 | 0 | -0 | -7 |
| Cash from Financing Activity | -2 | -0 | 10 | 9 | 16 | 7 | -221 | -32 | 24 | 23 | 27 | 1 |
| Net Cash Flow | -1 | 2 | 1 | 1 | 18 | 15 | -267 | -7 | 2 | 4 | -0 | -3 |
| Free Cash Flow | 1 | 3 | -9 | -8 | 3 | 20 | -59 | 26 | -21 | -18 | -27 | -3 |
| CFO/OP | 108% | 104% | -98% | -75% | 50% | 325% | -1,442% | 366% | -186% | -108% | -156% | 48% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 11 | 33 | 13 | 12 | 10 | 38 | 48 | 34 | 24 | 34 | 17 | 49 |
| Inventory Days | 75 | 72 | 60 | 53 | 46 | 30 | ||||||
| Days Payable | 25 | 55 | 3 | 0 | 3 | 4 | ||||||
| Cash Conversion Cycle | 61 | 50 | 70 | 65 | 54 | 63 | 48 | 34 | 24 | 34 | 17 | 49 |
| Working Capital Days | 20 | 18 | 9 | 23 | 5 | -2 | 39 | 51 | 40 | 40 | 64 | 62 |
| ROCE % | 13% | 14% | 22% | 16% | 14% | 12% | 13% | 13% | 17% | 15% | 13% | 11% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 55.13% | 55.13% | 55.13% | 55.13% | 55.13% | 55.13% | 36.87% | 36.87% | 40.09% | 40.09% | 40.09% | 40.09% |
| FIIs | 0.00% | 0.00% | 0.13% | 0.10% | 0.00% | 0.00% | 6.82% | 6.16% | 4.53% | 4.53% | 4.53% | 4.65% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.08% | 0.08% | 0.05% |
| Public | 44.87% | 44.87% | 44.74% | 44.76% | 44.86% | 44.87% | 56.31% | 56.97% | 55.38% | 55.30% | 55.30% | 55.22% |
| No. of Shareholders | 33,468 | 33,532 | 39,491 | 37,296 | 37,675 | 37,857 | 40,149 | 39,513 | 38,810 | 37,079 | 35,925 | 35,104 |
Fundamentals
Market Cap₹ 84.7 Cr.
Current Price₹ 9.60
Stock P/E8.04
Book Value₹ 14.6
ROCE11.4 %
ROE8.21 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)34%
Compounded Profit Growth (TTM)22%
Standalone figures.
Valuation
Market capRs 77 Cr
Enterprise valueRs 95 Cr
P/E (TTM)7.30x
Price to book0.60x
Price to sales0.10x
EV / EBITDA5.01x
EV / EBIT5.23x
EV / sales0.12x
Price to cash flow19.99x
Earnings yield13.69%
P/E, 3-year average11.14x
P/B, 3-year average0.99x
P/E, 5-year average10.75x
P/B, 5-year average1.07x
Profitability
Operating margin (excl. other income)2.23%
Operating margin (incl. other income)2.53%
EBITDA margin2.38%
Pre-tax margin1.81%
Net profit margin1.32%
Net margin, latest quarter1.16%
ROE8.21%
ROCE11.43%
ROA5.99%
ROE, 3-year average9.93%
ROCE, 3-year average13.17%
ROA, 3-year average6.45%
ROE, 5-year average10.93%
ROCE, 5-year average13.76%
ROA, 5-year average7.37%
ROIC (approx.)8.98%
Tax rate27.20%
Other income / net worth1.55%
Growth
Sales growth (latest year)17.08%
Profit growth (latest year)16.84%
Sales CAGR, 3 years14.99%
Sales CAGR, 5 years15.05%
Profit CAGR, 3 years17.13%
Profit CAGR, 5 years11.72%
Sales growth QoQ2.39%
Profit growth QoQ67.57%
Sales growth YoY (latest quarter)77.64%
Profit growth YoY (latest quarter)28.10%
Per share
EPS (TTM)Rs 1.26
EPS (latest year)Rs 1.18
EPS (latest quarter)Rs 0.37
EPS, 3-year averageRs 1.12
EPS, 5-year averageRs 1.09
Book value per shareRs 15.42
Sales per shareRs 95.04
Cash flow per shareRs 0.46
Free cash flow per shareRs -0.36
Dividend per share, 5-year averageRs 0.10
Dividends
Dividend payout, 5-year average10.53%
Efficiency
Asset turnover3.67x
Fixed asset turnover91.38x
Inventory turnover8.55x
Inventory days43 days
Debtor days49 days
Debtors turnover7.50x
Creditor days4 days
Cash conversion cycle49 days
Working capital days62 days
Leverage
Total debtRs 25 Cr
Cash and bankRs 7 Cr
Net debtRs 18 Cr
Debt to equity0.19x
Net debt / EBITDA0.95x
Interest coverage4.87x
Owners' fund to total sources69.86%
Debt to assets13.32%
Cash flow
Cash from Operating Activity (latest year)Rs 4 Cr
Cash from Investing Activity (latest year)Rs -7 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs -3 Cr
Free cash flow (latest year)Rs -3 Cr
FCFE (approx.: FCF + change in debt)Rs -11 Cr
Cash from ops / profit, 5 years-1.03x
Sales to cash flow176.35x
Statement figures
Net sales (TTM)Rs 796 Cr
Net sales (latest year)Rs 679 Cr
Sales (latest quarter)Rs 268 Cr
Operating profit excl. other income (latest year)Rs 15 Cr
Operating profit (latest quarter)Rs 5 Cr
Other income (TTM)Rs 3 Cr
EBITDA (TTM)Rs 19 Cr
PBDT (TTM)Rs 15 Cr
Profit before tax (TTM)Rs 14 Cr
Tax (latest year)Rs 4 Cr
Net profit (TTM)Rs 11 Cr
Net profit (latest year)Rs 10 Cr
Net profit (latest quarter)Rs 3 Cr
Depreciation (TTM)Rs 1 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 660 Cr
Total expenditure (latest year)Rs 664 Cr
Total income (latest year)Rs 681 Cr
Share capitalRs 18 Cr
ReservesRs 111 Cr
Shareholders' fundsRs 129 Cr
Total assetsRs 185 Cr
Net blockRs 7 Cr
InvestmentsRs 0 Cr
ReceivablesRs 91 Cr
InventoryRs 77 Cr
Other liabilitiesRs 31 Cr
Shares outstanding (crore)8.37
Ownership
Promoter holding40.09% (+3.22 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 7.3 is at the 4th percentile of its own 8.8-year range
(median 14.1, low 6.6, high 66.1).
P/B 0.60 is the lowest in 8.8 years (median 1.89).
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 | MOKSH | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -7.4% | -2.8% | -4.6 pts |
| 1 month | -12.1% | -6.8% | -5.3 pts |
| 3 months | -22.8% | -7.6% | -15.2 pts |
| 6 months | +6.5% | +0.4% | +6.1 pts |
| 1 year | -37.4% | -9.9% | -27.5 pts |
| 2 years | -56.9% | -13.6% | -43.3 pts |
| 3 years | -43.6% | +14.2% | -57.8 pts |
| 5 years | -77.2% | +27.9% | -105.1 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -168% of net profit over the last 3 years |
| explain | Receivables outrunning sales Receivables grew 241% vs sales +17% 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
Jun 2026Sales ₹268 Cr +77.6% vs Jun 2025.
Net profit ₹3 Cr +28.1%.
Against our estimate for Jun 2026: sales +39.6%, profit -5.6% miss. Our estimate for Sep 2026: sales Rs 243 Cr, profit Rs 4 Cr (how).
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.
| Ex-date | Action | Factor |
|---|---|---|
| 2024-12-20 | Rights 14:23 @ Premium Rs 13/- | |
| 2024-09-23 | Annual General Meeting | |
| 2023-09-15 | Annual General Meeting | |
| 2022-09-22 | Annual General Meeting | |
| 2021-10-28 | Interim Dividend - Rs 0.10 Per Share | |
| 2021-09-21 | Annual General Meeting | |
| 2021-07-14 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share | 0.2000 |
| Date | Type | What it says |
|---|---|---|
| 2026-10-01 | Shareholder meeting | Voting results. |
| 2026-09-30 | Shareholder meeting | Proceedings of Annual General Meeting held on September 30, 2026 |
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 Moksh Ornaments Ltd?
Moksh Ornaments Ltd (MOKSH) has a market capitalisation of Rs 84.7 Cr. at the 2026-10-01 close.
What is the P/E ratio of Moksh Ornaments Ltd?
Moksh Ornaments Ltd trades at a P/E of 8.04 on trailing twelve-month profit, at the 2026-10-01 close.
What were Moksh Ornaments Ltd's latest quarterly results?
In the Jun 2026 quarter, Moksh Ornaments Ltd sales was Rs 268 Cr (+77.6% vs Jun 2025) and net profit was Rs 3 Cr.
What is the 52-week high and low of Moksh Ornaments Ltd?
The 52-week high is Rs 16.65 and the 52-week low is Rs 8.11.