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Shukra Bullions Ltd (531506)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531506 NSE: Diamond & Jewellery | Small Cap | Shukra Bullions Share Price

₹43.48 -0.47 (-1.07%)

As on 24-Jun'26 16:59

Shukra Bullions Ltd (531506)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531506 NSE: Diamond & Jewellery | Small Cap | Shukra Bullions Share Price

₹43.48 -0.47 (-1.07%)

As on 24-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹22 Cr.
Current Price
₹43.5
52-Week Low / High
₹18 / 50
TTM EPS
₹0.1
TTM Sales
₹1.6 Cr.
Book Value per Share
₹5.3
P/E Ratio
427.58
Higher than its 5-year historical median
Industry PE
53.2
Price to Book (P/B)
8.20
Higher than its 5-year historical median
Price to Sales (P/S)
13.43
Higher than its 5-year historical median
EV/EBITDA
296.69
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
1.99%
Underperforms industry median
Return on Capital Employed (ROCE)
2.80%
Underperforms industry median
Return on Assets (ROA)
0.41%
Operating Profit Margin
3.9%
Net Profit Margin
2.72%
Gross Profit Margin
3.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
164.41%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
200%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
100%
Asset Quality
Promoter Holding
56.98%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-2 Cr.
Equity
₹5 Cr.
Face Value
₹10
All Time Low / High
₹4.00 / 50.38

Shukra Bullions stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Shukra Bullions Ltd a good quality company?
Shukra Bullions 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.

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.

How does Shukra Bullions Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Shukra Bullions Ltd vs industry peers?
Shukra Bullions Ltd revenue CAGR is -2.05%, compared to the industry median CAGR of 3.81%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Shukra Bullions Ltd?
Promoters hold 56.98% of the Shukra Bullions Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Shukra Bullions Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 18.2% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Shukra Bullions Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0.3%0.6%1.5%0.8%0.4%0.3%0.4%1%1.7%2.8%-
Value Creation
Index
-1.0-1.0-0.9-0.9-1.0-1.0-1.0-0.9-0.9-0.8-

Growth Parameters

Sales 7.85.54.73.71.70.816.60.60.61.62
Sales YoY Gr.--28.7%-15.6%-21.8%-52.6%-53.8%1,971.3%-96.3%-3.3%164.4%-
Adj EPS 0-000000-0.100.10.1
YoY Gr.--100%NA33.3%-50%-50%0%-700%NA166.7%-
BVPS (₹) 10.12.14.97.36.34.83.72.43.35.25.3
Adj Net
Profit
0-000000-0000
Cash Flow from Ops. 0-0.1-0.1-6.6-1-0.87.6-1.82.60.2-
Debt/CF from Ops. 0000000000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -16.3%-2.1%-54.5%164.4%
Adj EPS 11.5%32%100%166.7%
BVPS-7.2%-3.7%12.4%56.2%
Share Price 18.3% 37.7% 89.7% 135.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.3-00.90.70.20.10.2-1.91.121.9
Op. Profit
Mgn %
0.80.80.81.4-7.1-8.10.1-6.33.446.7
Net Profit
Mgn %
0.2-00.30.60.40.50-4.92.72.73.1
Debt to
Equity
00000000000
Working Cap
Days
1692673201,1754,0008,4432242,5283,4482,0821,027
Cash Conv.
Cycle
28-18243101,1653,840-333-68891766913

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales7.765.534.673.651.730.8016.570.610.591.56
Operating Expenses + 7.705.484.633.611.850.8716.550.650.571.50
Manufacturing Costs0000000000
Material Costs7.585.344.413.321.560.7516.380.490.321.28
Employee Cost 0.050.070.110.170.210.030.070.040.110.14
Other Costs 0.070.070.110.120.080.090.100.120.140.08
Operating Profit 0.060.050.040.04-0.12-0.060.02-0.040.020.06
Operating Profit Margin (%) 0.7%0.8%0.8%1.1%-7.1%-8.1%0.1%-6.3%3.4%3.9%
Other Income + 000.0100.150.0800.060.010
Exceptional Items -0000000000
Interest 00.0100000000
Depreciation 0.040.030.020.020.010.010.01000
Profit Before Tax 0.010.010.020.020.010.010.010.010.020.06
Tax 00.010.010.0100000.010.01
Profit After Tax 0.0100.020.020.01000.010.020.04
PAT Margin (%) 0.1%0.0%0.3%0.4%0.4%0.5%0.0%1.5%2.7%2.7%
Adjusted EPS (₹)0.00.00.00.00.00.00.00.00.00.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Shukra Bullions - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 5.081.032.453.663.152.381.831.211.672.61
Share Capital 5.015.015.015.015.015.015.015.015.015.01
Reserves 0.07-3.98-2.56-1.35-1.86-2.63-3.18-3.80-3.34-2.41
Debt +0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables5.411.295.4010.0812.032.251.191.244.579.91
Others Liabilities 0.030.160.016.627.6513.644.062.801.071.07
Total Liabilities 10.522.487.8620.3622.8418.287.095.267.3113.59

Fixed Assets

Net Fixed Assets +0.140.110.090.080.060.050.050.040.040.04
Gross Block0.430.430.430.430.430.430.430.430.430.43
Accumulated Depreciation0.280.310.330.350.360.370.380.380.390.39
CWIP 0000000000
Investments 4.330.271.682.872.351.581.030.400.841.73
Inventories1.420.374.6615.2015.2015.20002.565.90
Trade Receivables4.461.631.430.980.98000.471.060.95
Cash Equivalents 0.040.0200.020.0202.360.070.110.32
Others Assets 0.130.0801.224.231.443.664.282.704.65
Total Assets 10.522.487.8620.3622.8418.287.095.267.3113.59

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 0-0.07-0.09-6.59-1.04-0.777.57-1.822.570.16
PBT 0.010.010.020.020.010.010.010.010.020.06
Adjustment 0.040.030.020.020.010.010.01000
Changes in Working Capital -0.04-0.11-0.13-6.62-1.06-0.787.56-1.842.550.11
Tax Paid -0.01-0.01-0.01-0.01-0-0-0-0-0.01-0.01
Cash Flow From Investing Activity + -00.050.080000000
Capex 0000000000
Net Investments 000.080000000
Others -00.0500000000
Cash Flow From Financing Activity + 0006.601.030.75-5.21-0.46-2.530.04
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0006.601.030.75-5.21-0.46-2.530.04
Net Cash Flow 0-0.02-0.010.01-0-0.012.36-2.290.040.20

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)0.180.050.860.490.220.140.220.611.111.99
ROCE (%)0.320.561.50.810.440.280.410.981.652.8
Asset Turnover Ratio0.960.850.90.260.080.041.310.10.090.15
PAT to CFO Conversion(x)0N/A-4.5-329.5-104N/AN/A-182128.54
Working Capital Days
Receivable Days106.70201.10119.70120.40206.9000279.60475.40235
Inventory Days56.1059.30196.90993.803,216.106,927.20001,592.30987.90
Payable Days145.20229.10276.808512,581.403,498.5038.40902.103,278.102,061.40

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Shukra Bullions Ltd FAQs

The current trading price of Shukra Bullions on 24-Jun-2026 16:59 is ₹43.48.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Jun-2026 the market cap of Shukra Bullions stood at ₹21.81 Cr

The latest P/E ratio of Shukra Bullions as of 23-Jun-2026 is 427.6.

The latest P/B ratio of Shukra Bullions as of 23-Jun-2026 is 8.20.

The 52-week high of Shukra Bullions is ₹50.38 and the 52-week low is ₹17.55.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Shukra Bullions is ₹1.62 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Shukra Bullions Ltd is a below average quality company.

The key valuation ratios of Shukra Bullions Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Shukra Bullions Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Shukra Bullions Ltd

Shukra Bullions was incorporated as a public limited company on February 14, 1995 and is in the process of setting up a gold-mountings manufacturing project. Earlier known as Shukra Capitals, it acquired its present name on March 16, 2006. Shukra Jewellery is an associate company. Land and building has already been acquired at the special economic zone (SEZ) near Surat in Gujarat for the project. Necessary licenses and approvals have been granted. The company has procured orders valued at Rs 30 million from various overseas customers.

The company is presently suspended from the BSE on account of non-compliance with listing agreement clauses.

The registered office is located at Chirag Industrial Complex, 39/40, Golden Industrial Estate, Somnath Road, Daman & Diu 396210.

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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.

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