Check Before You Invest : Manoj Jewellers Ltd

Q: Which industry/sub-sector does Manoj Jewellers Ltd belong to?

Manoj Jewellers Ltd belongs to the Retail sector, operating specifically within the Retailing segment.

Q: Is Manoj Jewellers Ltd a good quality company?

Manoj Jewellers Ltd is a quality company, based on a multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is Manoj Jewellers Ltd undervalued or overvalued?

Manoj Jewellers Ltd appears Somewhat overvalued, as its key valuation ratios are higher than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: 4.66, Historic Median: -. Price to Book, Current: 1.37, Historic Median: -. Price to Sales, Current: 0.37, Historic Median: -. EV to EBITDA, Current: 4.42, Historic Median: -

Q: Is Manoj Jewellers Ltd a good buy now?

Manoj Jewellers Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of Manoj Jewellers Ltd?

Manoj Jewellers Ltd revenue growth is 37.5% for FY-2025, which is in line with its 5-year CAGR of 37.75%, indicating stable growth.

Q: Gross Profit margin of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Gross profit margin which is the profit after deduction of direct costs, is 11% for FY-2025, which is above its 5-year median of 9.5%, indicating increasing margins.

Q: Operating Profit Margin of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 14.04% for FY-2025, which is below its 5-year median of 14.93% indicating decreasing margins.

Q: Net Profit Margin of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Net Profit Margin is 7.99% for FY-2025, is above its 5-year median of 5.61%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: 11, Historic Median: 9.5. Operating Profit Margin (%), Current: 14.04, Historic Median: 14.93. Net Profit Margin (%), Current: 7.99, Historic Median: 5.61

Q: Return on Asset of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Return on Asset is 15.56%, which is above its 5-year historical median of 4.46%, indicating improved asset utilization efficiency.

Q: Return on capital employed (ROCE) of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Return on capital employed is 28.01% for FY-2025, which is above its 5-year historical median of 14.57%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Snapshot

Q.1 Which industry/sub-sector does Manoj Jewellers Ltd belong to?

Manoj Jewellers Ltd belongs to the Retail sector, operating specifically within the Retailing segment.

Q.2 Is Manoj Jewellers Ltd a good quality company?

Manoj Jewellers Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is Manoj Jewellers Ltd undervalued or overvalued?

Manoj Jewellers Ltd appears Somewhat overvalued, as its key valuation ratios are higher than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	4.66	-
Price to Book	1.37	-
Price to Sales	0.37	-
EV to EBITDA	4.42	-

Q.4 Is Manoj Jewellers Ltd a good buy now?

Manoj Jewellers Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of Manoj Jewellers Ltd?

Manoj Jewellers Ltd revenue growth is 37.5% for FY-2025, which is in line with its 5-year CAGR of 37.75%, indicating stable growth.

Q.2 Gross Profit margin of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Gross profit margin which is the profit after deduction of direct costs, is 11% for FY-2025, which is above its 5-year median of 9.5%, indicating increasing margins.

Q.3 Operating Profit Margin of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 14.04% for FY-2025, which is below its 5-year median of 14.93% indicating decreasing margins.

Q.4 Net Profit Margin of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Net Profit Margin is 7.99% for FY-2025, is above its 5-year median of 5.61%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	11	9.5
Operating Profit Margin (%)	14.04	14.93
Net Profit Margin (%)	7.99	5.61

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Return on Asset is 15.56%, which is above its 5-year historical median of 4.46%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Return on capital employed is 28.01% for FY-2025, which is above its 5-year historical median of 14.57%. The current ROCE is above its estimated weighted average cost of capital (WACC) of 14%, indicating value creation.

Q.7 Return on Equity (ROE) of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Return on equity is 39.17% for FY-2025, which is above its 5-year historical median of 16.4%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Cash conversion cycle is 169 days, below its 5-year historical median of 329 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

	Current Level	5-year Historic Median
Asset Turnover (x)	1.95	0.97
ROE (%)	39.17	16.4
ROCE (%)	28.01	14.57
Cash Conversion Cycle	169 days	329 days

C: How much debt does the business have and is it at a sustainable level?

Q.9 Debt to Equity ratio of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Debt-to-Equity ratio is 1.29, which is above the industry average of 0.25, indicating higher debt levels in the industry.

Q.10 Debt to cash flow from operations of Manoj Jewellers Ltd?

Manoj Jewellers Ltd Debt to cash flow from operations is -4.23, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of Manoj Jewellers Ltd?

Q.1 Promoter shareholding and pledge status of Manoj Jewellers Ltd?

Promoters hold 65.28% of the Manoj Jewellers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does Manoj Jewellers Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Manoj Jewellers Ltd vs industry peers?

Manoj Jewellers Ltd revenue CAGR is 37.75%, compared to the industry median CAGR of 0.00%, indicating faster growth and gaining its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	37.5	0
Gross Profit Growth (%)	40.4	19.8
Operating Profit Growth (%)	46.3	16.2
Net Profit Growth (%)	46.9	18.2

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	1.95	1.11
ROE (%)	39.17	3.58
ROCE (%)	28.01	11.9
Cash Conversion Cycle (days)	169.16	38

Valuation & price assessment

Q.1 Stock return of Manoj Jewellers Ltd over the last decade?

Over the last 1 year(s), the stock has delivered a CAGR of -1.91% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	-	-	-	-1.9%

Q.2 Valuation ratios of Manoj Jewellers Ltd vs historical?

The current P/E ratio of 4.66 is higher than its historical median of , indicating that the stock is trading above its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	4.66	-	37.15
Price to Book	1.37	-	2.76
Price to Sales	0.37	-	1.31
EV to EBITDA	4.42	-	14.00

Check more companies

1. Metro Brands

2. Aditya Birla Lifesty

3. Medplus Health Servi

4. V2 Retail

5. Redtape

6. PN Gadgil Jewellers

7. Aditya Birla Fashion

8. Aditya Vision

9. Ethos Ltd.

10. Arvind Fashions

Check trending companies

1. Gillette India Ltd.

2. Tata Communications Ltd.

3. Granules India Ltd.

4. Nestle India Ltd.

5. National Aluminium Company Ltd.