Is Manoj Jewellers Ltd (544400) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Manoj Jewellers Ltd is a average quality company .

Is Manoj Jewellers Ltd (544400) undervalued or overvalued?

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

What is Manoj Jewellers Ltd (544400) share price return in the past 10 years?

Data is not available for this company

Is Manoj Jewellers Ltd (544400) a good buy now?

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

What is the share price of Manoj Jewellers Ltd (544400)?

Company share prices are keep on changing according to the market conditions. The current trading price of Manoj Jewellers Ltd (544400) on 17-Apr-2026 16:59:59 at 16:59 is 47.00.

What is the P/E ratio of Manoj Jewellers?

The latest standalone P/E ratio of Manoj Jewellers as of 17-Apr-2026 is 8.30.

What is the P/B ratio of Manoj Jewellers Ltd (544400)?

The latest standalone P/B ratio of Manoj Jewellers Ltd (544400) as of 17-Apr-2026 is 1.29.

What is the 52-week high and low of Manoj Jewellers Ltd (544400)?

The 52-week high of Manoj Jewellers Ltd (544400) is Rs. 59.52 and the 52-week low is Rs. 37.00.

Manoj Jewellers Ltd (544400) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Manoj Jewellers Ltd (544400)
Brand: Manoj Jewellers

Manoj Jewellers Ltd (544400) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Key Metrics

Market Cap

₹40 Cr.

P/E Ratio

8.30

Price to Book (P/B)

1.29

Price to Sales (P/S)

0.66

EV/EBITDA

6.91

Return on Capital Employed (ROCE)

28.01%

Current Price

₹47

Return on Equity (ROE)

39.17%

Return on Assets (ROA)

15.56%

Operating Profit Margin

14%

Net Profit Margin

7.99%

Gross Profit Margin

11%

Book Value per Share

₹34.2

Sales Growth (YoY)

37.53%

Sales Growth (3 Years)

106.71%

Operating Profit Growth (1 Year)

46.33%

Operating Profit Growth (3 Years)

71.82%

Net Profit Growth (1 Year)

46.91%

52-Week Low / High

₹37 / 60

Net Profit Growth (3 Years)

132.59%

Dividend Yield

0.00%

Promoter Holding

65.28%

Pledged shares (%)
of Promoter's holding (%)

0.00%

Check Before You Invest

Q.1 Revenue growth of Manoj Jewellers Ltd?

Manoj Jewellers Ltd revenue growth is 37.5% for FY-2025 , which is below its 5 year CAGR of 37.8% , indicating slower growth.

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.

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.

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

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

DeciZen - make an informed investing decision on Manoj Jewellers

Based on:

Data

M-Cap below 100cr DeciZen not available

Manoj Jewellers stock performance

Key Ratios

Is Manoj Jewellers Ltd an attractive stock to invest in?

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	8.4%	8.5%	10.6%	14.6%	30.4%	28%	-
Value Creation Index ⓘ	-0.4	-0.4	-0.2	0.0	1.2	1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	12	7	6.8	13.6	43.4	59.6	60
Sales YoY Gr.	-	-42%	-3.2%	101.9%	218.1%	37.5%	-
Adj EPS ⓘ	0.2	0.1	0.8	1	5.4	8	5.3
YoY Gr.	-	-23.5%	538.5%	25.3%	421.2%	46.9%	-
BVPS (₹) ⓘ	4.5	4.6	5.5	11	16.4	24.3	34.2
Adj Net Profit ⓘ	0.1	0.1	0.4	0.6	3.2	4.8	5
Cash Flow from Ops. ⓘ	-0.8	-0.1	0.6	4.9	-5.9	-4.4	-
Debt/CF from Ops. ⓘ	-13.6	-154.3	21.5	1.2	-2.6	-4.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	NA	37.8%	106.7%	37.5%
Adj EPS ⓘ	NA	115.8%	112.5%	46.9%
BVPSⓘ	NA	40.2%	64.5%	48.3%
Share Price	-	-	-	-

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	3.8	3	16.4	13.8	39.6	39.2	18.1
Op. Profit Mgn % ⓘ	11.4	19.4	24.5	14.9	13.2	14	NAN
Net Profit Mgn % ⓘ	0.7	0.9	5.6	4.6	7.5	8	8
Debt to Equity ⓘ	5.5	5.7	4.8	0.9	1.6	1.3	-
Working Cap Days ⓘ	0	732	788	349	142	173	0
Cash Conv. Cycle ⓘ	0	677	738	329	137	169	0

Recent Performance Summary

Latest Financials

	Standalone	Consolidated
TTM EPS (₹)	5.3	-
TTM Sales (₹ Cr.)	59.6	-
BVPS (₹) ⓘ	34.2	-
Reserves (₹ Cr.) ⓘ	22	-
P/BV ⓘ	1.29	-
PE ⓘ	8.30	-

From the Market
52 Week Low / High (₹)	37.00 / 59.52
All Time Low / High (₹)	37.00 / 59.52
Market Cap (₹ Cr.)	39.5
Equity (₹ Cr.)	9
Face Value (₹)	10
Industry PE ⓘ	74.7

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

Valuation of Manoj Jewellers - Standalone Basis

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Key Ratios

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	12.02	6.97	6.75	13.63	43.35	59.62
Operating Expenses ⓘ +	10.65	5.61	5.10	11.60	37.63	51.25
Manufacturing Costs	0.17	0.02	0.08	0.18	0.52	0.56
Material Costs	9.40	4.68	4.38	10.15	35.99	49.19
Employee Cost	0.39	0.35	0.27	0.33	0.45	0.48
Other Costs ⓘ	0.69	0.56	0.37	0.93	0.67	1.01
Operating Profit ⓘ	1.37	1.35	1.65	2.04	5.72	8.37
Operating Profit Margin (%)	11.4%	19.4%	24.5%	14.9%	13.2%	14.0%
Other Income ⓘ +	0	0	0.01	0.01	0.03	0.02
Exceptional Items ⓘ	0	0	0	0	0	0
Interest ⓘ	1	1.09	1.02	1.06	1.10	1.86
Depreciation ⓘ	0.25	0.19	0.13	0.09	0.06	0.21
Profit Before Tax ⓘ	0.11	0.08	0.51	0.89	4.59	6.32
Tax ⓘ	0.03	0.02	0.13	0.26	1.35	1.56
Profit After Tax	0.08	0.06	0.38	0.62	3.24	4.76
PAT Margin (%)	0.7%	0.9%	5.6%	4.6%	7.5%	8.0%
Adjusted EPS (₹)	0.2	0.1	0.8	1.0	5.4	8.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	2.06	2.12	2.50	6.56	9.80	14.53
Share Capital ⓘ	1.67	1.67	1.67	5.99	5.99	5.99
Reserves ⓘ	0.39	0.45	0.83	0.57	3.81	8.55
Debt +	10.31	10.29	10.12	5.20	14.42	17.65
Long Term Debt	8.40	8.57	8.22	4.57	13.38	12.46
Short Term Debt	1.91	1.71	1.89	0.63	1.03	5.18
Minority Interest	0	0	0	0	0	0
Trade Payables	0.65	0.72	0.16	0.42	0.01	0.10
Others Liabilities ⓘ	1.21	2.03	2.30	0.70	1.89	2.85
Total Liabilities ⓘ	14.23	15.16	15.08	12.89	26.11	35.13
Fixed Assets
Net Fixed Assets ⓘ +	0.62	0.44	0.31	0.22	0.16	0.62
Gross Block	1.22	1.23	1.24	1.24	1.24	1.91
Accumulated Depreciation	0.61	0.79	0.92	1.01	1.08	1.29
CWIP ⓘ	0	0	0	0	0.31	0
Investments ⓘ	0.05	0	0	0	0	0
Inventories	12.87	14.18	14.27	11.26	20.70	29.31
Trade Receivables	0.17	0	0	0	1	4.36
Cash Equivalents	0.16	0.17	0.19	1.18	3.50	0.22
Others Assets ⓘ	0.35	0.38	0.31	0.23	0.44	0.62
Total Assets ⓘ	14.23	15.16	15.08	12.89	26.11	35.13

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	-0.83	-0.08	0.56	4.86	-5.90	-4.42
PBT ⓘ	0.11	0.08	0.51	0.89	4.59	6.32
Adjustment ⓘ	0.36	0.32	0.31	1.16	1.16	2.05
Changes in Working Capital ⓘ	-1.23	-0.45	-0.12	3.16	-10.9	-11.38
Tax Paid ⓘ	-0.07	-0.04	-0.14	-0.35	-0.74	-1.42
Cash Flow From Investing Activity ⓘ +	-0.12	0.05	0	0.03	-0.39	-0.34
Capex	-0.12	-0	-0.01	0	-0.31	-0.36
Net Investments	0	0.05	0	0	0	0
Others ⓘ	0	0	0.01	0.03	-0.09	0.02
Cash Flow From Financing Activity ⓘ +	0.90	0.03	-0.54	-3.90	8.61	1.49
Net Proceeds from Shares ⓘ	0	0	0	3.50	0	0
Net Proceeds from Borrowing ⓘ	1.01	0.17	-0.35	-1.64	8.81	-0.92
Interest Paid ⓘ	-0.11	-0.14	-0.19	-1.06	-1.10	-1.85
Dividend Paid ⓘ	0	0	0	0	0	0
Others ⓘ	0	0	0	-4.70	0.90	4.26
Net Cash Flow ⓘ	-0.05	0	0.02	0.99	2.32	-3.28

Finance Ratio

PARTICULARS	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	3.8	2.95	16.4	13.77	39.63	39.17
ROCE (%)	8.35	8.48	10.61	14.57	30.4	28.01
Asset Turnover Ratio	0.84	0.47	0.45	0.97	2.22	1.95
PAT to CFO Conversion(x)	-10.38	-1.33	1.47	7.84	-1.82	-0.93
Working Capital Days
Receivable Days	5	0	0	0	8	16
Inventory Days	391	709	769	342	135	153
Payable Days	25	53	37	11	2	0

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Manoj Jewellers Ltd FAQs

The current trading price of Manoj Jewellers on 17-Apr-2026 16:59 is ₹47.00.

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 16-Apr-2026 the market cap of Manoj Jewellers stood at ₹39.54 Cr

The latest P/E ratio of Manoj Jewellers as of 16-Apr-2026 is 8.30.

The latest P/B ratio of Manoj Jewellers as of 16-Apr-2026 is 1.29.

The 52-week high of Manoj Jewellers is ₹59.52 and the 52-week low is ₹37.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Manoj Jewellers is ₹59.62 ( Cr.) .

About Manoj Jewellers Ltd

Manoj Jewellers Limited was originally incorporated under the name ‘Manoj Jewellers Private Limited’ under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated September 21, 2007, issued by the Assistant Registrar of Companies, Chennai, Tamil Nadu, Andaman and Nicobar Islands. Subsequently, the status of the Company was changed to public limited and the name of the Company was changed to ‘Manoj Jewellers Limited’ vide Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting of the Company held on June 13, 2022. The fresh certificate of incorporation consequent to conversion was issued on July 14, 2022, by Assistant Registrar of Companies/ Deputy Registrar of Companies/ Registrar of Companies, Centralised Processing Centre.

Manoj Jewellers is engaged in the retail and wholesale business of jewellery and ornaments made from gold and diamonds, embellished with precious and semiprecious stones. The company’s extensive portfolio includes a wide range of items such as rings, earrings, armlets, pendants, gajrahs, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery pieces. The company’s diverse collection caters to various tastes and occasions, offering customers a selection of exquisite pieces to choose from. It aims to provide high-quality and beautifully crafted jewellery to meet the needs and preferences of its clientele.

The company's dedication is to maintain high-quality products through strict quality control procedures, timely delivery, and competitive pricing. The company also emphasizes on offering a variety of regular designs and ensuring on-time delivery to its valued customers. Additionally, it goes to extra mile by getting its jewellery hallmarked by a BIS recognized Assaying and Hallmarking Centre. BIS hallmark serves as a mark of conformity widely accepted by consumers, providing them with added confidence in the purity of the company's gold jewellery. Overall, these practices demonstrate the company's commitment to quality, customer satisfaction, and transparency in their operations.

Business area of the company

The company is engaged in the retail business of various jewelleries and ornaments made out of gold and diamonds studded with precious and semiprecious stones.

Products of the company

Temple jewellery
Gold coin
Diamond ring
Diamond necklace studded with precious & semi-precious stones
Gold bangles
Traditional kumar patta
Gold hair line for women’s
Earrings
Gold bracelet studded with diamonds and emerald
Women’s gold chain
Gold pendant
Men’s gold chain

History and milestones

September, 2007: Incorporation of the company as private limited company.
September, 2007: Opening of its first showroom at Sowcarpet, Chennai.
July, 2022: Conversion of the company from private limited company to public limited company.
July, 2024: Opening of its second Showroom at Kilpauk, Chennai.

To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Manoj Jewellers Ltd (544400) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Manoj Jewellers Share Price