Price
Financials
Standalone, Rs crore| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Sales | 262 | 397 | 471 | 411 | 436 | 537 |
| Expenses | 252 | 387 | 456 | 391 | 412 | 503 |
| Operating Profit | 10 | 10 | 15 | 19 | 24 | 34 |
| OPM % | 3.9% | 2.6% | 3.2% | 4.7% | 5% | 6% |
| Other Income | 2 | 7 | 1 | 0 | 0 | 0 |
| Interest | 8 | 8 | 8 | 8 | 8 | 8 |
| Depreciation | 1 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 3 | 7 | 6 | 10 | 15 | 24 |
| Tax % | 27% | 26% | 27% | 26% | 30% | 24% |
| Net Profit | 2 | 5 | 4 | 7 | 11 | 18 |
| EPS in Rs | 4.94 | 12.87 | 10.77 | 22.70 | 8.34 | 13.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 15% | 4% | 23% | ||
| Compounded Profit Growth | % | 55% | 64% | 74% | ||
| Stock Price CAGR | % | % | % | % | ||
| Return on Equity | % | 9% | 11% | 15% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 3 | 13 | 13 |
| Reserves | 86 | 91 | 96 | 92 | 92 | 125 |
| Borrowings | 104 | 104 | 117 | 125 | 147 | 99 |
| Other Liabilities | 73 | 34 | 61 | 49 | 57 | 48 |
| Total Liabilities | 267 | 233 | 278 | 269 | 309 | 286 |
| Fixed Assets | 0 | 15 | 14 | 15 | 15 | 16 |
| CWIP | 0 | 0 | 0 | 0 | 2 | 2 |
| Investments | 1 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 266 | 218 | 264 | 254 | 292 | 268 |
| Total Assets | 267 | 233 | 278 | 269 | 309 | 286 |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | 10 | 11 | -2 | 3 | 19 |
| Cash from Investing Activity | 0 | 1 | -0 | 5 | -19 | 20 |
| Cash from Financing Activity | 0 | -10 | 9 | -12 | 13 | -40 |
| Net Cash Flow | 0 | 0 | 19 | -10 | -3 | -1 |
| Free Cash Flow | 0 | 10 | 10 | -3 | -1 | 15 |
| CFO/OP | 0% | 113% | 84% | 0% | 29% | 72% |
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 164 | 109 | 90 | 81 | 123 | 90 |
| Inventory Days | 127 | 70 | 89 | 141 | 106 | 95 |
| Days Payable | 68 | 30 | 44 | 47 | 52 | 35 |
| Cash Conversion Cycle | 223 | 149 | 136 | 175 | 178 | 150 |
| Working Capital Days | 223 | 68 | 44 | 59 | 50 | 87 |
| ROCE % | 8% | 7% | 8% | 9% | 13% |
| Sep 2026 | |
|---|---|
| Promoters | 70.00% |
| FIIs | 0.81% |
| DIIs | 12.73% |
| Public | 16.46% |
| No. of Shareholders | 22,064 |
Fundamentals
Market Cap₹ 530 Cr.
Current Price₹ 294
Stock P/E29.4
Book Value₹
ROCE13.2 %
ROE14.8 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)23%
Compounded Profit Growth (TTM)74%
Standalone figures.
Valuation
Market capRs 525 Cr
Enterprise valueRs 614 Cr
P/E (TTM)98.26x
Price to book5.50x
Price to sales1.32x
EV / EBITDA36.57x
EV / EBIT39.49x
EV / sales1.55x
Price to cash flow52.52x
Earnings yield1.02%
Profitability
Operating margin (excl. other income)2.57%
Operating margin (incl. other income)4.23%
EBITDA margin4.23%
Pre-tax margin1.82%
Net profit margin1.35%
ROE5.76%
ROCE7.90%
ROA2.13%
ROIC (approx.)6.23%
Tax rate26.04%
Other income / net worth6.88%
Growth
Sales growth (latest year)51.46%
Profit growth (latest year)160.49%
Per share
EPS (TTM)Rs 2.96
EPS (latest year)Rs 12.87
Book value per shareRs 52.81
Sales per shareRs 219.77
Cash flow per shareRs 5.53
Free cash flow per shareRs 8.30
Efficiency
Asset turnover1.70x
Fixed asset turnover26.00x
Inventory turnover5.25x
Inventory days70 days
Debtor days109 days
Debtors turnover3.36x
Creditor days35 days
Cash conversion cycle150 days
Working capital days87 days
Leverage
Total debtRs 104 Cr
Cash and bankRs 15 Cr
Net debtRs 89 Cr
Debt to equity1.09x
Net debt / EBITDA5.31x
Interest coverage1.87x
Owners' fund to total sources40.95%
Debt to assets44.53%
Cash flow
Cash from Operating Activity (latest year)Rs 10 Cr
Cash from Investing Activity (latest year)Rs 1 Cr
Cash from Financing Activity (latest year)Rs -10 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 15 Cr
FCFE (approx.: FCF + change in debt)Rs 15 Cr
Cash from ops / profit, 5 years0.91x
Sales to cash flow39.74x
Statement figures
Net sales (TTM)Rs 397 Cr
Net sales (latest year)Rs 397 Cr
Operating profit excl. other income (latest year)Rs 10 Cr
Other income (TTM)Rs 7 Cr
EBITDA (TTM)Rs 17 Cr
PBDT (TTM)Rs 8 Cr
Profit before tax (TTM)Rs 7 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 5 Cr
Net profit (latest year)Rs 5 Cr
Depreciation (TTM)Rs 1 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 362 Cr
Total expenditure (latest year)Rs 387 Cr
Total income (latest year)Rs 404 Cr
Share capitalRs 4 Cr
ReservesRs 91 Cr
Shareholders' fundsRs 95 Cr
Total assetsRs 233 Cr
Net blockRs 15 Cr
InvestmentsRs 0 Cr
ReceivablesRs 118 Cr
InventoryRs 69 Cr
Other liabilitiesRs 34 Cr
Shares outstanding (crore)1.81
Ownership
Promoter holding70.00%
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 | PRIORITY | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -4.5% | -2.8% | -1.7 pts |
Red flags
F-score 6 of 8| look | Profit leans on other income Other income was 91% of pre-tax profit in 2026 |
| look | Regulator order or action Regulator order or action 2026-09-17: Priority Jewels Limited has informed the Exchange about Action(s) taken or orders passed. |
| look | On NSE surveillance On NSE surveillance: ASM short-term |
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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|---|---|---|---|
| Titan Company Ltd | 415,040 | 71.1 | 20.5 % |
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| 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.
No corporate actions on record.
| Date | Type | What it says |
|---|---|---|
| 2026-09-29 | Investor Presentation | Investor Presentation |
| 2026-09-24 | General Updates | Intimation for Change of Corporate Identification Number (CIN) of the Company. |
| 2026-09-23 | Concall / analyst meet | Schedule of meet |
| 2026-09-17 | Regulatory action | Action(s) taken or orders passed. |
| 2026-09-05 | Extension of Annual General | Extension of Annual General Meeting |
| 2026-09-04 | Updates | Intimation under Regulation 8(2) of the Securities Exchange Board of India (Prohibition of Insider Trading) Regulation 2015. |
| 2026-09-04 | Updates | Disclosure under Regulation 30(5) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulation, 2015. |
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.
Short Term Additional Surveillance Measure (Short Term ASM): stage 1