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Prices as of 9 Oct 2026 close · Not investment advice

Swarnsarita Jewels India Limited

NSE: SWARNSARGems, Jewellery And Watches

Share price

₹39.07

-0.08% close of 9 Oct 2026

Market cap ₹82 CrP/E 6.3

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

62

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹82 Cr

P/E ratio

6.3

P/B ratio

0.6

ROCE

11.0%

ROE

9.0%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹42.0452-week low ₹29.63

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step down at Dec 2009 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step down at Dec 2009 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 6.3× earnings against a market that pays 24.1× across 2199 companies we can price. Its own industry sits at 46.0×, across 5 companies. It is against its own five-year median of 8.7×, the 20th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 25%.

Profit growthPrice per ₹1 profitPer 1% growth
Swarnsarita Jewels India Limited — this one25%/yr6.3×₹0.25
Timex Group India Limited19%/yr85.2×₹4.5
Ethos Limited16%/yr65.5×₹4.1
Senco Gold Limited54%/yr9.6×₹0.18
D. P. Abhushan Limited67%/yr22.7×₹0.34
KDDL Limited18%/yr46.0×₹2.6

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Gems, Jewellery And Watches), it ranks 28 of 38 on returns, 10 of 35 on growth, 38 of 40 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 11% on capital, ahead of 26% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹54 crore of cash from the business, spent ₹0 crore on plant and equipment, and returned ₹82 crore to lenders and shareholders. But only about 0 of every 100 rupees of profit it reported over 12 years arrived as cash — the rest is tied up. Its cash comes back more slowly than it used to: it went from being waiting 32 days for its cash to waiting 50 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 8 checks clear · 88%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 14 Aug 2026 · Consolidated · Unaudited

Revenue

₹206 Cr

Revenue vs last year

+35.5%

Revenue vs last quarter

-13.0%

Net profit

₹11 Cr

Profit vs last year

+78.5%

Net margin

5.2%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹82 Cr
Prev close
₹39.07
52w High
₹45.7
52w Low
₹28.3
Enterprise value
₹149 Cr
Beta
0.8
Price CAGR 1y
20.0%
Price CAGR 3y
5.0%
Price CAGR 5y
18.0%
Price CAGR 10y
4.0%

Ratios

Return on assets
5.3%
PEG ratio
0.3
P/E ratio
6.3
P/B ratio
0.6
EV / EBITDA
7.1
Industry P/E
21.8
ROCE
11.0%
ROCE 5y average
7.8%
ROE
9.0%
Debt / Equity
0.5
Interest coverage
3.4
Dividend yield
0.0%
ROE 3y average
6.0%
ROE last year
9.0%

Annual P&L

Annual revenue
₹868 Cr
Annual profit
₹12 Cr
Operating margin
1.9%
Net profit margin
1.4%
EBITDA margin
1.8%
Sales growth 3y
1.1%
Sales growth 5y
8.5%
Profit growth 3y
25.0%
Profit growth 5y
18.0%
EPS
₹5.9
Sales growth TTM
22.0%
Profit growth TTM
143.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹206 Cr
Profit latest quarter
₹11 Cr
YoY quarterly sales growth
35.5%
YoY quarterly profit growth
83.3%
OPM latest quarter
7.4%

Balance Sheet

Book Value
₹66.7
Face Value
₹10.0
Total debt
₹70 Cr
Total cash
₹3 Cr
Borrowings
₹70 Cr
Reserves / Equity
5.7

Cash Flow

Operating cash flow
₹20 Cr
Free cash flow
₹19 Cr
FCF yield
14.6%
Net cash flow
-₹2 Cr

Shareholding

Promoter holding
60.1%
FII holding
—
DII holding
0.0%
Public holding
39.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Titan Company4,575.9069.64,06,2420.331,777.062.921,356.029.320.5
Kalyan Jewellers558.0039.457,6270.46348.732.010,588.945.721.1
Lalithaa Jewel396.4023.222,1870.00208.4-21.16,039.626.238.0
Thangamayil Jew.4,751.9537.614,7700.3785.186.22,666.471.225.5
Sky Gold & Diam.832.9538.512,9000.00104.9136.92,012.877.927.0
PC Jeweller13.0816.612,8290.00221.937.0877.021.09.6
Bluestone Jewel792.90215.112,1140.006.0120.2736.949.66.8
SwarnsaritaJewel39.006.5810.0010.776.7205.935.511.0
Median219.0519.71,3050.0022.949.8431.139.021.6

Competes with: BlueStone Jewellery and Lifestyle Limited, Kalyan Jewellers India Limited, Lalithaa Jewellery Mart Limited, P N Gadgil Jewellers Limited, PC Jeweller Limited, SKY GOLD AND DIAMONDS LIMITED, Thangamayil Jewellery Limited, Titan Company

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales194200204171155230219158152262218237206
Expenses185200201170145227214160142252214244191
Material Cost194
Change in Inventories-7.97
Purchases of Stock-in-Trade0
Employee Cost1.51
Other Expenses2.93
Operating Profit90321035-310104-815
OPM %4.860.161.280.936.531.122.36-1.646.303.831.75-3.247.37
Other Income0100000000-070
Exceptional items (within Other Income)0
Interest2232222111122
Depreciation0000000000000
Profit before tax7-100813-4892-314
Tax %25-2526762525321026252214423
Net Profit6-100612-4672-711
EPS in Rs2.67-0.500.100.032.990.351.10-1.902.903.270.80-3.255.13

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales240322287486549559576841840770761868922
Expenses236317281480542553565831827756746852901
Operating Profit55576611101314161621
OPM %1.901.401.901.401.201.101.801.201.601.802.101.902.30
Other Income4544674732178
Interest3544556789776
Depreciation0000010000000
Profit before tax5446778108791722
Tax %323131333334312725274226
Net Profit333455586551212
EPS in Rs1.541.291.382.082.292.172.623.593.012.292.515.925.95
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
10%
5 years
9%
3 years
1%
TTM
22%

Compounded profit growth

10 years
16%
5 years
18%
3 years
25%
TTM
143%

Stock price CAGR

10 years
4%
5 years
18%
3 years
5%
1 year
20%

Return on equity

10 years
6%
5 years
6%
3 years
6%
Last year
9%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital212121212121212121212121
Reserves586164687377839197102107119
Borrowings4875791051311011171261211088370
Other Liabilities81271199569111416
Total Liabilities135169171205234208226244248241225226
Fixed Assets022223555611
CWIP000000000000
Investments163000000000
Other Assets134161166204232205220239243234224225
Total Assets135169171205234208226244248241225226

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-291-17-2-261368951220
Cash from Investing Activity2-45521-121-15-1
Cash from Financing Activity372102220-3572-13-22-28-21
Net Cash Flow1018-1225-4-211312-3-18-11-2
Free Cash Flow-30-1-17-2-271138831619

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days575456404245573733424232
Inventory Days8679116687769574349545452
Days Payable8115232113334
Cash Conversion Cycle1351211671061171131127979929481
Working Capital Days974472262743373235445250
ROCE %7756667876711

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters525252525252525252525260
DIIs00000.020.020.020.020.030.030.030.03
Public484848484848484848484840
No. of Shareholders8,0888,1808,3748,3219,3099,4139,3849,3929,3299,1548,9388,816

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +23.3% (₹31.68 → ₹39.07)Brick size ₹3.05 (fixed)Bricks 3
₹30.00₹39.0723 Jan 2026 – 8 Sep 2026
Price moved up one brickPrice moved down one brickLast close ₹39.07 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

81.22cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

67.00inr_cr

2026-03-31

News

News and filings about Swarnsarita Jewels India Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Consumer Durables
Industry
Gems, Jewellery And Watches
Classification
Consumer Durables › Gems, Jewellery And Watches
ISIN
INE967A01012

News impact

Big market events that reach Swarnsarita Jewels India Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

No dividends, splits or big trades on record.

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.