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 | 90 | 123 | 117 | 89 | 109 | 145 | 119 | 87 | 90 | 175 | 137 | 107 |
| Expenses | 77 | 103 | 99 | 78 | 92 | 122 | 100 | 74 | 60 | 139 | 129 | 91 |
| Operating Profit | 13 | 20 | 18 | 11 | 17 | 23 | 18 | 13 | 31 | 35 | 8 | 16 |
| OPM % | 15% | 16% | 15% | 12% | 16% | 16% | 16% | 15% | 34% | 20% | 6% | 15% |
| Other Income | -1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 |
| Interest | 5 | 5 | 2 | 2 | 2 | 2 | 3 | 2 | 1 | 1 | 2 | 1 |
| Depreciation | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 | 0 |
| Profit before tax | 7 | 15 | 16 | 8 | 15 | 21 | 15 | 11 | 29 | 34 | 11 | 15 |
| Tax % | 25% | 26% | 31% | 25% | 32% | 26% | 26% | 26% | 26% | 24% | 27% | 26% |
| Net Profit | 5 | 11 | 11 | 6 | 10 | 15 | 11 | 8 | 21 | 26 | 8 | 11 |
| EPS in Rs | 0.08 | 0.11 | 0.11 | 0.06 | 0.11 | 0.16 | 0.11 | 0.08 | 0.22 | 0.26 | 0.08 | 0.10 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 223 | 219 | 213 | 314 | 366 | 417 | 462 | 490 | 510 |
| Expenses | 204 | 195 | 182 | 276 | 317 | 353 | 393 | 403 | 419 |
| Operating Profit | 19 | 24 | 31 | 39 | 49 | 63 | 69 | 87 | 91 |
| OPM % | 8% | 11% | 15% | 12% | 13% | 15% | 15% | 18% | 18% |
| Other Income | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 6 | 6 |
| Interest | 13 | 16 | 15 | 16 | 18 | 17 | 9 | 6 | 6 |
| Depreciation | 1 | 3 | 3 | 3 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 5 | 4 | 13 | 20 | 30 | 45 | 59 | 85 | 89 |
| Tax % | 28% | 25% | 26% | 26% | 26% | 28% | 27% | 25% | |
| Net Profit | 3 | 3 | 10 | 15 | 22 | 32 | 43 | 64 | 67 |
| EPS in Rs | 0.05 | 0.05 | 0.15 | 0.23 | 0.34 | 0.33 | 0.44 | 0.64 | 0.66 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 18% | 10% | 11% | ||
| Compounded Profit Growth | % | 46% | 42% | 49% | ||
| Stock Price CAGR | % | % | % | 0% | ||
| Return on Equity | % | 14% | 13% | 14% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 65 | 65 | 65 | 65 | 65 | 98 | 98 | 100 |
| Reserves | 29 | 27 | 36 | 50 | 72 | 230 | 315 | 399 |
| Borrowings | 143 | 148 | 151 | 159 | 168 | 111 | 72 | 39 |
| Other Liabilities | 19 | 28 | 24 | 32 | 31 | 36 | 22 | 35 |
| Total Liabilities | 256 | 268 | 275 | 307 | 337 | 475 | 508 | 573 |
| Fixed Assets | 15 | 14 | 12 | 11 | 7 | 7 | 6 | 5 |
| CWIP | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 240 | 252 | 262 | 295 | 329 | 468 | 503 | 567 |
| Total Assets | 256 | 268 | 275 | 307 | 337 | 475 | 508 | 573 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 11 | 17 | 6 | 4 | -52 | -22 | 27 | |
| Cash from Investing Activity | -0 | -1 | 1 | 2 | -3 | 1 | -2 | |
| Cash from Financing Activity | -13 | -13 | -7 | -8 | 85 | -5 | -17 | |
| Net Cash Flow | -2 | 4 | -1 | -3 | 30 | -26 | 9 | |
| Free Cash Flow | 11 | 16 | 5 | 6 | -54 | -22 | 26 | |
| CFO/OP | 54% | 66% | 29% | 23% | -74% | -3% | 50% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2 | 11 | 4 | 2 | 1 | 1 | 1 | 1 |
| Inventory Days | 440 | 457 | 506 | 394 | 389 | 450 | 471 | 525 |
| Days Payable | 29 | 37 | 29 | 27 | 21 | 19 | 5 | 8 |
| Cash Conversion Cycle | 413 | 431 | 481 | 370 | 369 | 433 | 467 | 518 |
| Working Capital Days | 149 | 156 | 189 | 144 | 146 | 258 | 321 | 361 |
| ROCE % | 9% | 12% | 14% | 16% | 17% | 15% | 18% |
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 66.00% | 66.00% | 66.00% | 66.00% | 66.00% | 66.00% | 66.00% | 66.00% | 65.73% | 64.86% | 57.12% |
| FIIs | 7.47% | 3.89% | 0.07% | 0.57% | 0.37% | 0.16% | 0.11% | 0.09% | 0.74% | 2.03% | 2.89% |
| DIIs | 0.46% | 0.36% | 0.36% | 0.40% | 0.48% | 0.49% | 0.50% | 0.50% | 0.50% | 0.49% | 0.74% |
| Public | 26.08% | 29.75% | 33.58% | 33.03% | 33.15% | 33.34% | 33.36% | 33.41% | 33.03% | 32.62% | 39.25% |
| No. of Shareholders | 62,847 | 72,446 | 67,401 | 82,460 | 1,53,071 | 1,63,022 | 1,67,188 | 1,68,006 | 1,64,882 | 1,63,669 | 1,69,586 |
Fundamentals
Market Cap₹ 2,003 Cr.
Current Price₹ 17.6
Stock P/E29.9
Book Value₹ 4.98
ROCE17.8 %
ROE14.0 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)49%
Standalone figures.
Valuation
Market capRs 2,033 Cr
Enterprise valueRs 2,111 Cr
P/E (TTM)30.47x
Price to book6.19x
Price to sales3.99x
EV / EBITDA21.86x
EV / EBIT22.29x
EV / sales4.14x
Earnings yield3.28%
P/E, 3-year average4.89x
P/B, 3-year average0.48x
P/E, 5-year average4.89x
P/B, 5-year average0.48x
Profitability
Operating margin (excl. other income)15.20%
Operating margin (incl. other income)15.23%
EBITDA margin18.94%
Pre-tax margin17.48%
Net profit margin13.09%
Net margin, latest quarter10.30%
ROE13.85%
ROCE16.57%
ROA7.94%
ROE, 3-year average15.01%
ROCE, 3-year average15.56%
ROA, 3-year average6.64%
ROE, 5-year average11.70%
ROCE, 5-year average13.38%
ROA, 5-year average4.94%
ROIC (approx.)16.85%
Tax rate27.65%
Other income / net worth0.04%
Growth
Sales growth (latest year)13.80%
Profit growth (latest year)45.18%
Sales CAGR, 3 years25.07%
Sales CAGR, 5 years13.33%
Profit CAGR, 3 years49.38%
Profit CAGR, 5 years55.99%
Sales growth QoQ-21.92%
Profit growth QoQ33.13%
Sales growth YoY (latest quarter)23.30%
Profit growth YoY (latest quarter)37.61%
Per share
EPS (TTM)Rs 0.59
EPS (latest year)Rs 3.27
EPS (latest quarter)Rs 0.10
EPS, 3-year averageRs 2.99
EPS, 5-year averageRs 2.19
Book value per shareRs 2.89
Sales per shareRs 4.48
Cash flow per shareRs -0.46
Free cash flow per shareRs 0.23
Efficiency
Asset turnover0.88x
Fixed asset turnover56.86x
Inventory turnover0.83x
Inventory days442 days
Debtor days1 days
Debtors turnover289.41x
Creditor days8 days
Cash conversion cycle518 days
Working capital days361 days
Leverage
Total debtRs 111 Cr
Cash and bankRs 33 Cr
Net debtRs 79 Cr
Debt to equity0.34x
Net debt / EBITDA0.81x
Interest coverage16.92x
Current ratio (filing 2026-03-31)8.67x
Quick ratio (filing 2026-03-31)0.31x
Trade payables (filing 2026-03-31)Rs 8 Cr
Owners' fund to total sources69.08%
Debt to assets23.42%
Cash flow
Cash from Operating Activity (latest year)Rs -52 Cr
Cash from Investing Activity (latest year)Rs -3 Cr
Cash from Financing Activity (latest year)Rs 85 Cr
Net Cash Flow (latest year)Rs 30 Cr
Free cash flow (latest year)Rs 26 Cr
FCFE (approx.: FCF + change in debt)Rs -31 Cr
Cash from ops / profit, 5 years-0.21x
Statement figures
Net sales (TTM)Rs 510 Cr
Net sales (latest year)Rs 417 Cr
Sales (latest quarter)Rs 107 Cr
Operating profit excl. other income (latest year)Rs 63 Cr
Operating profit (latest quarter)Rs 16 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs 97 Cr
PBDT (TTM)Rs 91 Cr
Profit before tax (TTM)Rs 89 Cr
Tax (latest year)Rs 12 Cr
Net profit (TTM)Rs 67 Cr
Net profit (latest year)Rs 32 Cr
Net profit (latest quarter)Rs 11 Cr
Depreciation (TTM)Rs 2 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 6 Cr
Cost of goods sold (latest year)Rs 341 Cr
Total expenditure (latest year)Rs 353 Cr
Total income (latest year)Rs 417 Cr
Share capitalRs 98 Cr
ReservesRs 230 Cr
Shareholders' fundsRs 328 Cr
Total assetsRs 475 Cr
Net blockRs 7 Cr
ReceivablesRs 1 Cr
InventoryRs 413 Cr
Other liabilitiesRs 36 Cr
Shares outstanding (crore)113.69
Ownership
Promoter holding57.12% (-8.88 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 30.5 is at the 26th percentile of its own 2.9-year range
(median 46.6, low 18.5, high 239.3).
P/B 6.19 is at the 9th percentile (median 16.27).
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 | MOTISONS | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.8% | -2.8% | -2.1 pts |
| 1 month | +12.7% | -6.8% | +19.5 pts |
| 3 months | +26.2% | -7.6% | +33.8 pts |
| 6 months | +65.1% | +0.4% | +64.7 pts |
| 1 year | -4.2% | -9.9% | +5.7 pts |
| 2 years | -42.8% | -13.6% | -29.3 pts |
Red flags
F-score 4 of 7| explain | Weak cash conversion Cash from operations was -61% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 18% of total assets in 2026 |
| look | Auditor change Auditor change 2026-09-01: Motisons Jewellers Limited has informed the Exchange regarding Change in Auditors of the company. |
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 ₹107 Cr +23.0% vs Jun 2025.
Net profit ₹11 Cr +37.5%.
Against our estimate for Jun 2026: sales +4.3%, profit -10.8% in line. Our estimate for Sep 2026: sales Rs 107 Cr, profit Rs 13 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 % |
| Date | Client | Side | Qty | Price |
|---|---|---|---|---|
| 2026-09-30 | Arihant Capital Markets Limited | SELL | 6,374,512 | 18.08 |
| 2026-09-30 | Arihant Capital Markets Limited | BUY | 9,143,448 | 17.98 |
| 2026-09-29 | Nirmalkumar Pareek | SELL | 6,758,613 | 17.78 |
| 2026-09-29 | Arihant Capital Markets Limited | SELL | 6,517,622 | 17.81 |
| 2026-09-29 | Arihant Capital Markets Limited | BUY | 4,388,838 | 17.82 |
| Ex-date | Action | Factor |
|---|---|---|
| 2024-11-08 | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 0.1000 |
| 2024-09-20 | Annual General Meeting |
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 Motisons Jewellers Ltd?
Motisons Jewellers Ltd (MOTISONS) has a market capitalisation of Rs 2,003 Cr. at the 2026-10-01 close.
What is the P/E ratio of Motisons Jewellers Ltd?
Motisons Jewellers Ltd trades at a P/E of 29.9 on trailing twelve-month profit, at the 2026-10-01 close.
What were Motisons Jewellers Ltd's latest quarterly results?
In the Jun 2026 quarter, Motisons Jewellers Ltd sales was Rs 107 Cr (+23.0% vs Jun 2025) and net profit was Rs 11 Cr.
What is the 52-week high and low of Motisons Jewellers Ltd?
The 52-week high is Rs 19.78 and the 52-week low is Rs 10.62.