Narbada Gems & Jewellery Ltd

NARBADA

Watchlist

AI Mode

‌

Market Cap

₹ 140 Cr

P/E

18.39

‌

‌
‌

‌

‌
‌

Investment Checklist

How to read checklist?

Performance

STEADY PERFORMER

Valuation

REASONABLE

Growth

STABLE

Profitability

MODERATE MARGIN

Technicals

Bullish

Risk

HIGH RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

Starchik Specialities Limited is engaged in the business of manufacturing and trading of dressed/frozen chicken and live broiler birds.

Originally incorporated as Singh Foods Limited, the company has since rebranded to Starchik Specialities and expanded its product line to include animal feed and other meat products.

The company has attempted to build its international presence through exporting hatching eggs to Oman and the UAE.

Facing market challenges, Starchik has diversified into retail sales of meat and fish products to stabilize and broaden its revenue streams.

Sector

Diamond, Gems and Jewellery

Industry

Diamond Cutting / Jewellery - Medium / Small

Market Cap

140 Cr

Volatility

Moderate Risk

P/E Ratio

18.4

Industry P/E

22.8

PEG Ratio

1.5

P/B Ratio

2.3

52W High

77.00

52W Low

48.05

Sales CAGR

1.27%

12.09%

9.02%

10Y

23.13%

Profit CAGR

-3.74%

12.22%

14.97%

10Y

28.52%

ROE

TTM

12.67%

9.09%

8.83%

10Y

9.16%

ROCE

TTM

14.21%

15.72%

14.66%

10Y

14.94%

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
SILGO	74.67	182 Cr	40.66	2.11	0.00	6.90	9.73	—
NARBADA	69.49	140 Cr	18.39	2.33	0.00	12.67	14.21	7.85
GOLKUNDIA	185.90	129 Cr	9.55	1.85	0.81	19.37	20.18	9.98
MOKSH	14.01	124 Cr	13.80	1.00	0.00	7.20	9.97	5.26
PJL	262.00	113 Cr	9.50	1.58	0.00	15.99	19.82	9.72
DDIL	6.50	99 Cr	32.57	2.79	0.00	11.62	15.29	10.38
KKJEWELS	87.95	91 Cr	8.00	1.14	0.00	17.37	14.24	6.16

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	23	20	32	9.17	23	19	22	22	21	26
Expenses	19	19	25	12	19	18	19	20	17	22
Operating Profit	3.76	1.22	6.28	-2.55	4.12	0.71	2.67	1.86	3.94	4.73
OPM %	16.17	5.98	19.92	-27.81	17.61	3.81	12.41	8.52	19.00	17.98
Other Income	0.12	-0.03	0.10	0.12	0.04	0.13	0.09	-0.01	-0.11	0.03
Interest	0.42	0.39	0.49	0.46	0.62	0.59	0.62	0.54	0.55	0.60
Depreciation	0.05	0.05	0.12	0.14	0.14	0.15	0.16	0.16	0.16	0.16
Profit Before Tax	3.40	0.74	5.77	-3.03	3.40	0.10	1.97	1.15	3.12	4.01
Tax %	25.29	25.68	25.13	23.10	25.00	30.00	25.38	32.17	25.00	25.44
Net Profit	2.55	0.56	4.32	-2.34	2.56	0.07	1.48	0.78	2.33	3.00
EPS in Rs	1.20	0.26	2.04	-1.10	1.21	0.03	0.70	0.37	1.10	1.42

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	12	26	41	55	38	61	93	84	85	83
Expenses	11	25	38	51	35	55	87	76	76	74
Operating Profit	0.36	1.75	2.18	4.09	3.29	5.17	5.69	8.71	9.36	9.18
OPM %	3.12	6.67	5.37	7.38	8.67	8.52	6.12	10.33	10.96	11.10
Other Income	0.00	0.00	0.13	0.08	0.23	0.31	0.51	0.30	0.25	0.10
Interest	0.00	0.09	0.23	0.75	0.62	0.68	1.30	1.76	2.37	2.30
Depreciation	0.02	0.02	0.07	0.15	0.15	0.16	0.21	0.37	0.61	0.63
Profit Before Tax	0.34	1.58	2.00	3.27	2.75	4.63	4.69	6.88	6.63	6.34
Tax %	31.53	28.44	28.07	25.62	26.32	25.37	24.34	26.13	26.32	26.50
Net Profit	0.24	1.13	1.44	2.43	2.03	3.46	3.55	5.08	4.89	4.66
EPS in Rs	0.13	0.68	0.56	1.10	0.96	1.49	1.71	2.40	2.31	3.59
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	5.42	2.99	8.04	9.97	12	15	18	21	21	21
Reserves	-1.98	0.68	4.34	5.66	7.96	15	19	23	28	33
Borrowings	0.00	0.00	1.49	8.74	10	11	13	30	24	28
Other Liabilities	1.67	0.38	2.00	1.12	1.59	0.57	4.72	8.13	3.03	9.54
Total Liabilities	5.10	4.05	16	25	32	41	54	82	77	92
Fixed Assets	0.08	0.06	0.10	1.04	0.94	0.83	1.18	1.31	4.25	4.36
CWIP	0.00	0.00	0.00	0.00	0.00	0.14	0.55	2.24	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.29	0.46	0.57	0.36	0.36
Other Assets	5.02	3.98	16	24	31	40	52	78	73	87
Total Assets	5.10	4.05	16	25	32	41	54	82	77	92

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-8.88	-7.78	-2.50	-7.11	-4.53	-15	4.92	-0.10
Cash from Investing Activity	-0.05	-1.02	-0.05	-0.15	-0.75	-1.84	-1.09	-0.52
Cash from Financing Activity	8.97	8.83	2.50	8.13	4.43	20	-6.77	0.90
Net Cash Flow	0.04	0.03	-0.04	0.87	-0.85	3.02	-2.93	0.28

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%	74.99%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%	25.01%
Total Shareholders	5,693	5,689	5,639	5,630	5,737	6,218	6,244	7,005	7,152	7,074	7,019	6,796

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Jul 02, 2024	Hanumanthrai sanghi	Insider - Promoter	Disposal	12.50	0.42 Cr	3,38,900	1.60
Jul 02, 2024	Tejas sanghi	Insider - Promoter	Acquisition	12.50	0.24 Cr	1,89,208	0.89
Jul 02, 2024	Uday sanghi	Insider - Promoter	Acquisition	12.50	0.19 Cr	1,49,692	0.70

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Sorry, no results found!

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q4 FY24

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

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	23	20	32	9.17	23	19	22	22	21	26
Expenses	19	19	25	12	19	18	19	20	17	22
Operating Profit	3.76	1.22	6.28	-2.55	4.12	0.71	2.67	1.86	3.94	4.73
OPM %	16.17	5.98	19.92	-27.81	17.61	3.81	12.41	8.52	19.00	17.98
Other Income	0.12	-0.03	0.10	0.12	0.04	0.13	0.09	-0.01	-0.11	0.03
Interest	0.42	0.39	0.49	0.46	0.62	0.59	0.62	0.54	0.55	0.60
Depreciation	0.05	0.05	0.12	0.14	0.14	0.15	0.16	0.16	0.16	0.16
Profit Before Tax	3.40	0.74	5.77	-3.03	3.40	0.10	1.97	1.15	3.12	4.01
Tax %	25.29	25.68	25.13	23.10	25.00	30.00	25.38	32.17	25.00	25.44
Net Profit	2.55	0.56	4.32	-2.34	2.56	0.07	1.48	0.78	2.33	3.00
EPS in Rs	1.20	0.26	2.04	-1.10	1.21	0.03	0.70	0.37	1.10	1.42

Standalone Profit Loss (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	12	26	41	55	38	61	93	84	85	83
Expenses	11	25	38	51	35	55	87	76	76	74
Operating Profit	0.36	1.75	2.18	4.09	3.29	5.17	5.69	8.71	9.36	9.18
OPM %	3.12	6.67	5.37	7.38	8.67	8.52	6.12	10.33	10.96	11.10
Other Income	0.00	0.00	0.13	0.08	0.23	0.31	0.51	0.30	0.25	0.10
Interest	0.00	0.09	0.23	0.75	0.62	0.68	1.30	1.76	2.37	2.30
Depreciation	0.02	0.02	0.07	0.15	0.15	0.16	0.21	0.37	0.61	0.63
Profit Before Tax	0.34	1.58	2.00	3.27	2.75	4.63	4.69	6.88	6.63	6.34
Tax %	31.53	28.44	28.07	25.62	26.32	25.37	24.34	26.13	26.32	26.50
Net Profit	0.24	1.13	1.44	2.43	2.03	3.46	3.55	5.08	4.89	4.66
EPS in Rs	0.13	0.68	0.56	1.10	0.96	1.49	1.71	2.40	2.31	3.59
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—

Standalone Balance Sheet (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	5.42	2.99	8.04	9.97	12	15	18	21	21	21
Reserves	-1.98	0.68	4.34	5.66	7.96	15	19	23	28	33
Borrowings	0.00	0.00	1.49	8.74	10	11	13	30	24	28
Other Liabilities	1.67	0.38	2.00	1.12	1.59	0.57	4.72	8.13	3.03	9.54
Total Liabilities	5.10	4.05	16	25	32	41	54	82	77	92
Fixed Assets	0.08	0.06	0.10	1.04	0.94	0.83	1.18	1.31	4.25	4.36
CWIP	0.00	0.00	0.00	0.00	0.00	0.14	0.55	2.24	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.29	0.46	0.57	0.36	0.36
Other Assets	5.02	3.98	16	24	31	40	52	78	73	87
Total Assets	5.10	4.05	16	25	32	41	54	82	77	92

Standalone Cash Flows (in ₹ Crores)

Total Figures

YoY Changes

Total Figures

	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	-8.88	-7.78	-2.50	-7.11	-4.53	-15	4.92	-0.10
Cash from Investing Activity	-0.05	-1.02	-0.05	-0.15	-0.75	-1.84	-1.09	-0.52
Cash from Financing Activity	8.97	8.83	2.50	8.13	4.43	20	-6.77	0.90
Net Cash Flow	0.04	0.03	-0.04	0.87	-0.85	3.02	-2.93	0.28

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bullish

Bearish

Neutral

Bullish

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
SILGO	74.67	182 Cr	40.66	2.11	0.00	6.90	9.73	—
NARBADA	69.49	140 Cr	18.39	2.33	0.00	12.67	14.21	7.85
GOLKUNDIA	185.90	129 Cr	9.55	1.85	0.81	19.37	20.18	9.98
MOKSH	14.01	124 Cr	13.80	1.00	0.00	7.20	9.97	5.26
PJL	262.00	113 Cr	9.50	1.58	0.00	15.99	19.82	9.72
DDIL	6.50	99 Cr	32.57	2.79	0.00	11.62	15.29	10.38
KKJEWELS	87.95	91 Cr	8.00	1.14	0.00	17.37	14.24	6.16

Overview

Detailed Summary

Starchik Specialities Limited is engaged in the business of manufacturing and trading of dressed/frozen chicken and live broiler birds.

Originally incorporated as Singh Foods Limited, the company has since rebranded to Starchik Specialities and expanded its product line to include animal feed and other meat products.

The company has attempted to build its international presence through exporting hatching eggs to Oman and the UAE.

Facing market challenges, Starchik has diversified into retail sales of meat and fish products to stabilize and broaden its revenue streams.

Sector

Diamond, Gems and Jewellery

Industry

Diamond Cutting / Jewellery - Medium / Small

Market Cap

140 Cr

Volatility

Moderate Risk

P/E Ratio

18.4

Industry P/E

22.8

PEG Ratio

1.5

P/B Ratio

2.3

52W High

77.00

52W Low

48.05

Sales CAGR

1.27%

12.09%

9.02%

10Y

23.13%

Profit CAGR

-3.74%

12.22%

14.97%

10Y

28.52%

ROE

TTM

12.67%

9.09%

8.83%

10Y

9.16%

ROCE

TTM

14.21%

15.72%

14.66%

10Y

14.94%