SEBI Reg. Investment Advisor

Download App
Help Center Subscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

INVESTMENT INSIGHTS

Check Before You Invest : PC Jeweller Ltd

BSE: 534809 NSE: PCJEWELLER ISIN: INE785M01021
  |   Sector:  Consumer Durables   |   Industry:  Diamond & Jewellery

Snapshot

Q.1 Which industry/sub-sector does PC Jeweller Ltd belong to?
PC Jeweller Ltd belongs to the Consumer Durables sector, operating specifically within the Diamond & Jewellery segment.
Q.2 Is PC Jeweller Ltd a good quality company?
PC Jeweller Ltd is a average quality company, based on a somewhat consistent 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 PC Jeweller Ltd undervalued or overvalued?
PC Jeweller Ltd appears Fair, as its key valuation ratios are in line with 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 12.3 -
Price to Book 0.89 0.82
Price to Sales 2.58 1.97
EV to EBITDA 11.43 12.88
Q.4 Is PC Jeweller Ltd a good buy now?
PC Jeweller 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 PC Jeweller Ltd?
PC Jeweller Ltd revenue growth is 1,084.1% for FY-2025, which is above its 5-year CAGR of -14.6%, indicating faster growth.

Q.2 Gross Profit margin of PC Jeweller Ltd?
PC Jeweller Ltd Gross profit margin which is the profit after deduction of direct costs, is 20.8% for FY-2025, which is above its 5-year median of -9.3%, indicating increasing margins.

Q.3 Operating Profit Margin of PC Jeweller Ltd?
PC Jeweller Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is 17.45% for FY-2025, which is above its 5-year median of 5.6% indicating increasing margins.

Q.4 Net Profit Margin of PC Jeweller Ltd?
PC Jeweller Ltd Net Profit Margin is 25.64% for FY-2025, is above its 5-year median of -14.37%, indicating increasing margins.
Current Level 5-year
Historic Median
Gross Profit Margin (%) 20.8 -9.3
Operating Profit Margin (%) 17.45 5.6
Net Profit Margin (%) 25.64 -14.37

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of PC Jeweller Ltd?
PC Jeweller Ltd Return on Asset is 7.37%, which is above its 5-year historical median of -4.56%, indicating improved asset utilization efficiency.

Q.6 Return on capital employed (ROCE) of PC Jeweller Ltd?
PC Jeweller Ltd Return on capital employed is 6.58% for FY-2025, which is above its 5-year historical median of 3.54%. The current ROCE is below its estimated weighted average cost of capital (WACC) of 13.5%, indicating value preservation.

Q.7 Return on Equity (ROE) of PC Jeweller Ltd?
PC Jeweller Ltd Return on equity is 13.46% for FY-2025, which is above its 5-year historical median of -9.17%, indicating the business is making better use of its shareholders capital.

Q.8 Cash conversion cycle of PC Jeweller Ltd?
PC Jeweller Ltd Cash conversion cycle is 1012 days, in line with its 5-year historical median of 1012 days, indicating stable working capital management. However, you need to compare this with its peers in the industry.
Current Level 5-year
Historic Median
Asset Turnover (x) 0.29 0.29
ROE (%) 13.46 -9.17
ROCE (%) 6.58 3.54
Cash Conversion Cycle 1012 days 1012 days

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

Q.9 Debt to Equity ratio of PC Jeweller Ltd?
PC Jeweller Ltd Debt-to-Equity ratio is 0.37, which is lower the industry average of 0.57, indicating lower debt levels in the industry.

Q.10 Debt to cash flow from operations of PC Jeweller Ltd?
PC Jeweller Ltd Debt to cash flow from operations is -3.26, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of PC Jeweller Ltd?

Q.1 Promoter shareholding and pledge status of PC Jeweller Ltd?
Promoters hold 40.72% of the PC Jeweller Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does PC Jeweller Ltd performance compare with that of its Peers?

Q.1 Revenue growth of PC Jeweller Ltd vs industry peers?
PC Jeweller Ltd revenue CAGR is -14.60%, compared to the industry median CAGR of 3.81%, indicating slower growth and losing its market share.
Profit Metrics
Current Level 5-year
Industry Median
Revenue Growth (%) 1 3.8
Gross Profit Growth (%) 0 14.9
Operating Profit Growth (%) 0 16.2
Net Profit Growth (%) 0 13.8
Operating Efficiency
Current Level 5-year
Industry Median
Asset Turnover (x) 0.29 1.29
ROE (%) 13.46 6.86
ROCE (%) 6.58 8.31
Cash Conversion Cycle (days) 1011.74 132

Valuation & price assessment

Q.1 Stock return of PC Jeweller Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -7% based on the current price.
9Y 5Y 3Y 1Y
Share Price
CAGR		 -7% 25.5% 51.7% -31.5%
Q.2 Valuation ratios of PC Jeweller Ltd vs historical?
The current P/E ratio of 12.3 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 12.3 - 25.97
Price to Book 0.89 0.82 1.96
Price to Sales 2.58 1.97 1.27
EV to EBITDA 11.43 12.88 16.02

Check more companies

1. Thangamayil Jeweller
2. PC Jeweller
3. Bluestone Jewellery
4. Sky Gold & Diamonds
5. Senco Gold
6. Goldiam Internatl.
7. Vaibhav Global
8. Rajesh Exports
9. D.P. Abhushan
10. Shringar House

Check trending companies

1. Brainbees Solutions Ltd.
2. Sumitomo Chemical India Ltd.
3. Hindustan Aeronautics Ltd.
4. GMR Airports Ltd.
5. Rail Vikas Nigam Ltd.
2026 ©The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me® is a registered trademark of The Alchemists Ark Pvt. Ltd.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through: