Manoj Vaibhav Gems N Jewellers Ltd

MVGJL

Watchlist

AI Mode

‌

Market Cap

₹ 889 Cr

P/E

8.53

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

UNDER PERFORMER

Valuation

UNDERVALUED

Growth

SLUGGISH

Profitability

MODERATE MARGIN

Technicals

Bearish

Risk

HIGH RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Manoj Vaibhav Gems 'N' Jewellers Limited is a leading regional jewelry brand in South India, focusing on hyperlocal retail chains in Andhra Pradesh and Telangana.

In the past year, the company expanded by opening six new showrooms, bringing the total to 21, with a focus on Tier 2 and 3 cities.

Despite volatile gold prices, the company achieved a 29% year-on-year quarterly revenue growth, reflecting strong consumer demand and effective strategic positioning.

The company plans further expansion, targeting 10 new silver jewelry showrooms and a premium 'Visesha' showroom in Visakhapatnam to tap into premium market segments.

The company's focus on silver jewelry is a strategic move to diversify offerings due to rising gold prices, aiming to capture demand from customers seeking affordable alternatives.

Sector

Diamond, Gems and Jewellery

Industry

Diamond Cutting / Jewellery - Medium / Small

Market Cap

889 Cr

Volatility

High Risk

P/E Ratio

8.5

Industry P/E

22.8

PEG Ratio

0.3

P/B Ratio

1.2

52W High

316.00

52W Low

168.00

Sales CAGR

10.90%

12.07%

13.26%

10Y

—

Profit CAGR

24.08%

31.98%

32.72%

10Y

—

ROE

TTM

13.53%

15.05%

14.54%

10Y

—

ROCE

TTM

14.89%

24.00%

23.45%

10Y

—

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ASTAR	699.00	1,119 Cr	28.99	0.70	0.21	2.40	3.65	1.50
TBZ	164.65	1,095 Cr	11.72	1.57	1.37	13.42	12.59	4.58
GARGI	1016.25	1,063 Cr	36.87	8.43	0.00	22.86	28.24	17.44
MVGJL	182.00	889 Cr	8.53	1.15	0.00	13.53	14.89	6.49
RADHIKAJWE	74.30	875 Cr	12.43	2.44	0.00	19.62	25.14	15.96
RBZJEWEL	139.90	561 Cr	11.84	2.07	0.00	17.48	17.72	9.90
UTSSAV	220.00	524 Cr	20.54	4.13	0.00	26.51	21.50	13.05

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Standalone Quarterly Results (in ₹ Crores)

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	509	619	475	546	539	642	498	705	549	756
Expenses	472	577	441	510	502	598	460	659	512	700
Operating Profit	37	42	34	37	37	44	38	46	37	55
OPM %	7.34	6.80	7.17	6.72	6.87	6.91	7.54	6.47	6.81	7.33
Other Income	1.31	1.00	4.60	4.51	3.81	3.70	3.54	2.38	1.52	1.74
Interest	11	11	11	11	9.80	10	10	9.63	8.97	9.39
Depreciation	2.01	2.02	2.39	2.00	2.04	2.00	2.09	2.19	2.31	2.62
Profit Before Tax	26	30	25	28	29	36	29	36	28	45
Tax %	25.57	25.58	24.17	26.67	24.97	25.32	12.30	26.07	25.51	29.74
Net Profit	19	22	19	21	22	27	25	27	21	32
EPS in Rs	—	4.54	3.88	4.21	4.45	5.46	5.17	5.48	4.22	6.50

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	1,279	1,434	1,694	2,027	2,150	2,384	2,394
Expenses	1,197	1,353	1,589	1,884	1,999	2,219	2,229
Operating Profit	82	81	105	143	150	165	165
OPM %	6.42	5.64	6.20	7.06	6.99	6.90	6.89
Other Income	5.17	-1.63	3.78	3.96	11	13	11
Interest	45	43	42	43	45	40	39
Depreciation	8.94	8.80	8.69	8.56	8.42	8.33	8.59
Profit Before Tax	33	28	58	96	109	130	128
Tax %	26.69	25.48	25.22	25.29	25.53	22.55	22.64
Net Profit	24	21	44	72	81	100	99
EPS in Rs	—	—	—	—	17.55	20.56	21.37
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	9.77	9.77	9.77	39	49	49
Reserves	198	219	263	305	569	670
Borrowings	467	489	503	485	429	400
Other Liabilities	143	85	124	248	352	380
Total Liabilities	819	803	900	1,078	1,399	1,498
Fixed Assets	101	73	68	63	58	69
CWIP	17	6.58	3.02	0.74	0.77	0.47
Investments	20	20	19	20	20	19
Other Assets	681	704	809	994	1,321	1,409
Total Assets	819	803	900	1,078	1,399	1,498

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	33	-12	8.96	69	60	-67
Cash from Investing Activity	-5.71	11	1.30	-3.53	-126	127
Cash from Financing Activity	-37	4.27	-26	-59	94	-76
Net Cash Flow	-9.38	3.67	-15	6.87	28	-15

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Sep 2022	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	100.00%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%	74.27%
FIIs	0.00%	8.77%	8.64%	8.04%	7.96%	2.86%	1.75%	0.69%	0.78%	0.60%
DIIs	0.00%	2.60%	1.66%	1.23%	1.23%	1.16%	1.16%	1.11%	1.11%	1.11%
Public	0.00%	14.36%	15.42%	16.45%	16.54%	21.71%	22.82%	23.93%	23.85%	24.02%
Total Shareholders	7	65,717	25,734	25,007	23,394	30,815	31,355	32,208	30,871	31,469

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Jan 02, 2025	Hrti private limited	Bulk	Sell	297.20	10.11 Cr	3,40,227	0.69
Jan 02, 2025	Hrti private limited	Bulk	Buy	296.80	10.41 Cr	3,50,902	0.71
Sep 30, 2024	Hrti private limited	Bulk	Sell	274.37	6.72 Cr	2,44,910	0.50
Sep 30, 2024	Silvertoss shoppers private l...	Bulk	Sell	271.18	6.81 Cr	2,50,978	0.51
Sep 30, 2024	Silvertoss shoppers private l...	Bulk	Buy	264.97	5.02 Cr	1,89,636	0.38
Sep 30, 2024	Hrti private limited	Bulk	Buy	273.82	7.14 Cr	2,60,686	0.53
Sep 16, 2024	Hrti private limited	Bulk	Sell	314.45	10.01 Cr	3,18,379	0.65
Sep 16, 2024	Hrti private limited	Bulk	Buy	314.42	10.91 Cr	3,46,867	0.71
Sep 13, 2024	Silvertoss shoppers private l...	Bulk	Sell	292.16	7.17 Cr	2,45,277	0.50
Sep 13, 2024	Hrti private limited	Bulk	Sell	294.27	8.30 Cr	2,81,924	0.57

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q4 FY25

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Oscillators

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
ASTAR	699.00	1,119 Cr	28.99	0.70	0.21	2.40	3.65	1.50
TBZ	164.65	1,095 Cr	11.72	1.57	1.37	13.42	12.59	4.58
GARGI	1016.25	1,063 Cr	36.87	8.43	0.00	22.86	28.24	17.44
MVGJL	182.00	889 Cr	8.53	1.15	0.00	13.53	14.89	6.49
RADHIKAJWE	74.30	875 Cr	12.43	2.44	0.00	19.62	25.14	15.96
RBZJEWEL	139.90	561 Cr	11.84	2.07	0.00	17.48	17.72	9.90
UTSSAV	220.00	524 Cr	20.54	4.13	0.00	26.51	21.50	13.05

Overview

Detailed Summary

Manoj Vaibhav Gems 'N' Jewellers Limited is a leading regional jewelry brand in South India, focusing on hyperlocal retail chains in Andhra Pradesh and Telangana.

In the past year, the company expanded by opening six new showrooms, bringing the total to 21, with a focus on Tier 2 and 3 cities.

Despite volatile gold prices, the company achieved a 29% year-on-year quarterly revenue growth, reflecting strong consumer demand and effective strategic positioning.

The company plans further expansion, targeting 10 new silver jewelry showrooms and a premium 'Visesha' showroom in Visakhapatnam to tap into premium market segments.

The company's focus on silver jewelry is a strategic move to diversify offerings due to rising gold prices, aiming to capture demand from customers seeking affordable alternatives.

Sector

Diamond, Gems and Jewellery

Industry

Diamond Cutting / Jewellery - Medium / Small

Market Cap

889 Cr

Volatility

High Risk

P/E Ratio

8.5

Industry P/E

22.8

PEG Ratio

0.3

P/B Ratio

1.2

52W High

316.00

52W Low

168.00

Sales CAGR

10.90%

12.07%

13.26%

10Y

—

Profit CAGR

24.08%

31.98%

32.72%

10Y

—

ROE

TTM

13.53%

15.05%

14.54%

10Y

—

ROCE

TTM

14.89%

24.00%

23.45%

10Y

—