Moksh Ornaments

Why is Moksh Ornaments Ltd falling/rising?

As of 15-Jun, Moksh Ornaments Ltd's stock price is at 12.02, unchanged from the previous day, and has declined 14.51% year-to-date. Despite strong profit growth, the stock has underperformed the market and sector, indicating a bearish trend.

As of 15-Jun, Moksh Ornaments Ltd's stock price is currently at 12.02, showing no change from the previous day. The stock has experienced a decline of 1.56% over the past month and a significant drop of 14.51% year-to-date. Over the last year, the stock has fallen by 19.00%, while the benchmark Sensex has only decreased by 3.50% during the same period, indicating that Moksh Ornaments Ltd has underperformed relative to the market.<BR><BR>Despite some positive financial indicators, such as a 427.78% growth in profit before tax (PBT) for the most recent quarter and a 20.19% increase in profit after tax (PAT) over the nine-month period, these gains have not translated into stock price appreciation. The stock is trading at a discount compared to its peers, which suggests that it may be undervalued, but this has not yet led to a price increase.<BR><BR>Additionally, the stock's performance today has underperformed its sector by 2.25%. Although there has been a rise in investor participation, with delivery volume increasing by 27.24% against the five-day average, the stock remains lower than its 100-day and 200-day moving averages, indicating a bearish trend in the longer term.<BR><BR>In summary, Moksh Ornaments Ltd is experiencing a decline in stock price primarily due to its significant underperformance over various time frames compared to the market and sector, despite some positive financial results.

Which are the latest news on Moksh Ornaments?

Should I buy, sell or hold Moksh Ornaments Ltd?

What does Moksh Ornaments do?

Moksh Ornaments Ltd is a Micro Cap company in the Gems, Jewellery and Watches industry, incorporated in 2012 and converted to a Public Limited Company in 2017. As of March 2026, it reported net sales of 261 Cr and a net profit of 2 Cr.

Overview:<BR>Moksh Ornaments Ltd is a company operating in the Gems, Jewellery and Watches industry, classified as a Micro Cap.<BR><BR>History:<BR>Moksh Ornaments Ltd was incorporated as a Private Limited company on July 19, 2012, and subsequently converted into a Public Limited Company on September 07, 2017. The latest quarterly results report net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 261 Cr (Quarterly Results - Mar 2026)<BR>- Net Profit: 2 Cr (Quarterly Results - Mar 2026)<BR>- Market Cap: INR 104 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 10.00<BR>- Industry P/E: 45<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.24<BR>- Return on Equity: 7.92%<BR>- Price to Book: 0.82<BR><BR>Contact Details:<BR>Address: B-405/1/B-405/2/4 Th Floor 99, Mulji Jetha Bldg Vitthalwadi Mumbai Maharashtra : 400002<BR>Tel: 91-22-61834395<BR>Email: cs@mokshornaments.com<BR>Website: http://www.mokshornaments.com

How big is Moksh Ornaments?

As of 10th June, Moksh Ornaments Ltd has a market capitalization of 104.00 Cr, classifying it as a Micro Cap company, with recent net sales of 678.94 Cr and a net profit of 9.86 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Moksh Ornaments Ltd has a market capitalization of 104.00 Cr, which classifies it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 678.94 Cr, while the sum of Net Profit for the same period is 9.86 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 110.81 Cr, and Total Assets amount to 143.92 Cr.

Who are in the management team of Moksh Ornaments?

The management team of Moksh Ornaments includes Amrit J Shah (Executive Director), Jawanmal M Shah (WTD & Executive Director), Sangeeta A Shah (Non-Executive Director), and independent directors Nirali Haresh Shah, Mitwa Nayan Shah, and Hardik Pravinbha I Makwana.

The management team of Moksh Ornaments includes the following individuals:<BR><BR>1. **Amrit J Shah** - Executive Director / Managing<BR>2. **Jawanmal M Shah** - WTD & Executive Director<BR>3. **Sangeeta A Shah** - Non-Executive & Non-Independent Director<BR>4. **Nirali Haresh Shah** - Independent Non-Executive Director<BR>5. **Mitwa Nayan Shah** - Independent Non-Executive Director<BR>6. **Hardik Pravinbha I Makwana** - Independent Non-Executive Director<BR><BR>If you need more details about their roles or contributions, feel free to ask!

Who are the peers of the Moksh Ornaments?

Moksh Ornaments' peers include Kabra Jewels, Banaras Beads, Viram Suvarn, Royal India Corp, Retaggio Indust., Ceenik Exports, Dev Labtech, Swarnsarita Jewel, and Ashapuri Gold. Kabra Jewels shows excellent management and growth, while Moksh Ornaments has average management risk and below-average growth, with a 1-year return of -21.05%.

Peers: The peers of Moksh Ornaments are Kabra Jewels, Banaras Beads, Viram Suvarn, Royal India Corp, Retaggio Indust., Ceenik Exports, Dev Labtech, Swarnsarita Jewel, and Ashapuri Gold.<BR><BR>Quality Snapshot: Excellent management risk is observed at Kabra Jewels, while Average management risk is found at Moksh Ornaments, Banaras Beads, Viram Suvarn, Royal India Corp, and Retaggio Indust. Below Average management risk is present at Dev Labtech, Swarnsarita Jewel, and Ashapuri Gold. Growth is Excellent at Kabra Jewels and Retaggio Indust., Good at Viram Suvarn and Ashapuri Gold, Average at Moksh Ornaments, while Banaras Beads shows Below Average growth. The rest have varying ratings, with Dev Labtech showing Excellent growth, and Swarnsarita Jewel having Below Average growth. Capital Structure is Good at Banaras Beads, Viram Suvarn, Retaggio Indust., and Ashapuri Gold, Average at Moksh Ornaments, and Below Average at Kabra Jewels, Royal India Corp, Dev Labtech, Swarnsarita Jewel, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Kabra Jewels at -10.42%, while Moksh Ornaments has the lowest at -21.05%. Moksh Ornaments' 1-year return is worse than Kabra Jewels. Additionally, Banaras Beads, Viram Suvarn, Royal India Corp, Retaggio Indust., Ceenik Exports, Dev Labtech, Swarnsarita Jewel, and Ashapuri Gold all have a six-month return of 0.00%, indicating no growth in that period.

Are Moksh Ornaments Ltd latest results good or bad?

Moksh Ornaments Ltd's latest results show strong revenue growth of 126.89% QoQ and 56.21% YoY, but a concerning 34.63% QoQ decline in net profit and significant margin compression indicate underlying operational challenges that investors should watch closely.

Moksh Ornaments Ltd's latest results present a mixed picture. On one hand, the company achieved a remarkable revenue growth of 126.89% quarter-on-quarter (QoQ) in Q4 FY26, reaching ₹261.38 crores, which is the highest quarterly sales recorded. Additionally, year-on-year (YoY), revenue grew by 56.21% compared to the same quarter last year.<BR><BR>However, the net profit for Q4 FY26 was ₹1.85 crores, reflecting a significant decline of 34.63% QoQ, despite a 42.31% increase YoY. This sharp drop in profitability is concerning, particularly given the operating margin fell dramatically to 0.81%, down 304 basis points from the previous quarter. The profit after tax (PAT) margin also decreased to 0.71%, down 175 basis points QoQ.<BR><BR>While the full-year results show an overall positive trend, with consolidated net sales increasing by 17.25% year-on-year and net profit rising by 23.25%, the substantial margin compression in the latest quarter raises critical concerns about operational efficiency. The reliance on non-operating income for a significant portion of profit further complicates the outlook.<BR><BR>In summary, while Moksh Ornaments has demonstrated strong revenue growth, the decline in profitability and margins in the latest quarter suggests underlying challenges that investors should closely monitor.

How has been the historical performance of Moksh Ornaments?

Moksh Ornaments has shown significant growth in net sales and profitability, with net sales increasing from 449.20 crore in March 2024 to 579.90 crore in March 2025, and profit after tax rising from 6.25 crore to 8.43 crore during the same period. The company's total assets and liabilities also grew, indicating improved financial stability.

Answer:<BR>The historical performance of Moksh Ornaments shows a significant upward trend in net sales and profitability over the years, particularly from March 2024 to March 2025.<BR><BR>Breakdown:<BR>Moksh Ornaments has demonstrated a strong growth trajectory in net sales, increasing from 449.20 crore in March 2024 to 579.90 crore in March 2025. This growth is reflected in the total operating income, which also rose to 579.90 crore in March 2025 from 449.20 crore the previous year. The company's operating profit, excluding other income, improved to 14.06 crore in March 2025, up from 12.19 crore in March 2024, contributing to an overall operating profit of 16.67 crore for the same period. Profit before tax increased to 11.37 crore in March 2025, compared to 8.51 crore in March 2024, while profit after tax reached 8.43 crore, up from 6.25 crore. The company's total liabilities rose to 143.92 crore in March 2025 from 107.90 crore in March 2024, primarily driven by short-term borrowings, which decreased to 32.11 crore. Total assets also increased to 143.92 crore in March 2025, reflecting a robust growth in current assets, which amounted to 143.41 crore. The cash flow from financing activities showed a positive trend, with an inflow of 27 crore in March 2025, indicating improved financial stability.

Is Moksh Ornaments overvalued or undervalued?

As of July 1, 2024, Moksh Ornaments is considered undervalued with a PE ratio of 14.75 and an EV to EBITDA of 10.51, showing significant long-term growth potential despite a recent short-term underperformance compared to the Sensex.

As of 1 July 2024, Moksh Ornaments has moved from a grade of risky to very attractive, indicating a significant improvement in its valuation outlook. The company is currently considered undervalued, with a price-to-earnings (PE) ratio of 14.75, a price-to-book value of 1.12, and an EV to EBITDA ratio of 10.51. These ratios suggest that the stock is trading at a reasonable valuation compared to its earnings and book value.<BR><BR>In comparison to its peers, Moksh Ornaments stands out with a PE ratio of 14.75 and an EV to EBITDA of 10.51, which aligns closely with industry standards. Notably, the PEG ratio is at 0.00, indicating potential for growth without the corresponding valuation premium. While the stock has underperformed against the Sensex in the short term, with a year-to-date return of -25.28% compared to the Sensex's 6.25%, its long-term performance over five years shows a substantial gain of 238.64%, reinforcing the attractiveness of the current valuation.

What is the technical trend for Moksh Ornaments?

As of June 2, 2025, Moksh Ornaments shows a mildly bearish trend overall, driven by daily moving averages and monthly bearish indicators, despite some mixed signals from weekly MACD and Bollinger Bands.

As of 2 June 2025, the technical trend for Moksh Ornaments has changed from sideways to mildly bearish. The daily moving averages indicate a mildly bearish stance, while the weekly MACD and Bollinger Bands are showing mildly bullish signals, contrasting with the monthly bearish indicators. The KST is mildly bullish on a weekly basis but mildly bearish monthly, suggesting mixed signals across time frames. Overall, the current technical stance is mildly bearish, primarily driven by the daily moving averages and the monthly bearish trends in MACD and Bollinger Bands.

Who are the top shareholders of the Moksh Ornaments?

The top shareholders of Moksh Ornaments are Amrit Jawanmalji Shah, holding 30.37%, and Pine Oak Global Fund, with 8.76%. Individual investors own 49.06%, while two Foreign Institutional Investors hold a combined 6.82%, with no pledged promoter holdings or mutual fund involvement.

The top shareholders of Moksh Ornaments include Amrit Jawanmalji Shah, who is the promoter with the highest holding at 30.37%. Additionally, Pine Oak Global Fund is the highest public shareholder, holding 8.76%. The company also has 2 Foreign Institutional Investors (FIIs) that collectively hold 6.82%. Individual investors represent a significant portion of the ownership, with holdings at 49.06%. There are no pledged promoter holdings, and no mutual funds are currently involved with the company.

When is the next results date for Moksh Ornaments?

No Upcoming Board Meetings

Has Moksh Ornaments declared dividend?

Moksh Ornaments Ltd has declared a 5% dividend, amounting to 0.10 per share, but the dividend yield is 0%. Total returns have varied, showing significant gains over the long term but losses in shorter periods.

Moksh Ornaments Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.10<BR>- Ex-date: 28 Oct 21<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -23.58%, the dividend return was 0%, resulting in a total return of -23.58%.<BR><BR>For the 1-year period, the price return was -12.8%, the dividend return was 0%, leading to a total return of -12.8%.<BR><BR>Over the 2-year period, the price return was 45.05%, with a dividend return of 0%, yielding a total return of 45.05%.<BR><BR>In the 3-year period, the price return was 1.74%, the dividend return was 0%, culminating in a total return of 1.74%.<BR><BR>For the 4-year period, the price return was -8.61%, the dividend return was 0.55%, resulting in a total return of -8.06%.<BR><BR>In the 5-year period, the price return was 232.95%, with a dividend return of 2.07%, leading to a total return of 235.02%.<BR><BR>Overall, while Moksh Ornaments Ltd declared a dividend, the dividend yield remains at 0%, indicating that the dividends have not significantly contributed to the returns over the recent periods. The total returns show a mixed performance, with notable gains over the longer term but losses in shorter periods.