Price Movement and Market Context
On 9 December 2025, Khazanchi Jewellers recorded its highest-ever share price at Rs.752.95. Despite a slight decline of 0.87% on the day, the stock remains above all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling a strong upward trend over multiple time horizons. The stock’s performance today slightly underperformed its sector by 0.93% and the Sensex by 0.16%, with the Sensex itself down 0.71%.
Over the past week, Khazanchi Jewellers posted a gain of 0.83%, contrasting with the Sensex’s decline of 0.75%. The one-month performance shows a more pronounced difference, with the stock advancing 8.04% compared to the Sensex’s 1.54%. This trend extends over three months, where Khazanchi Jewellers appreciated by 24.58%, significantly outpacing the Sensex’s 4.19% rise.
Fundamentals that don't lie! This Small Cap from Trading shows consistent growth and price strength over time. A reliable pick you can truly count on.
- - Strong fundamental track record
- - Consistent growth trajectory
- - Reliable price strength
Long-Term Performance and Growth Metrics
Khazanchi Jewellers’ year-to-date return stands at 18.42%, more than double the Sensex’s 8.14% over the same period. Over the last year, the stock has delivered a 14.02% return, while the broader market index, BSE500, has recorded a negative return of -0.14%. This divergence highlights the company’s ability to generate returns in a challenging market environment.
However, the stock’s three-year, five-year, and ten-year performance data show no recorded returns, whereas the Sensex has appreciated by 35.89%, 83.29%, and 237.52% respectively over these periods. This suggests that Khazanchi Jewellers’ recent growth has been more concentrated in the short to medium term.
Financial Strength and Profitability
The company’s financial results reveal robust growth in key areas. Net sales have expanded at an annual rate of 90.30%, while operating profit has grown at 105.40%. Net profit has risen by 55.45%, underscoring the company’s ability to convert sales growth into bottom-line gains.
In the quarter ending September 2025, Khazanchi Jewellers reported a Profit Before Tax excluding other income (PBT LESS OI) of Rs.31.20 crores, representing an 83.8% increase compared to the previous four-quarter average. Profit After Tax (PAT) for the quarter was Rs.23.55 crores, reflecting an 85.3% rise over the same comparative period. The company’s Profit Before Depreciation, Interest and Tax (PBDIT) reached its highest quarterly level at Rs.32.31 crores.
Debt and Capital Efficiency
Khazanchi Jewellers maintains a low Debt to EBITDA ratio of 1.14 times, indicating a strong capacity to service its debt obligations. The company’s Return on Capital Employed (ROCE) is reported at 20%, which, while reflecting efficient use of capital, is accompanied by an enterprise value to capital employed ratio of 6, suggesting a relatively high valuation in relation to its capital base.
Market Participation and Ownership
Despite the company’s size and recent performance, domestic mutual funds hold no stake in Khazanchi Jewellers. This absence of mutual fund ownership may reflect a cautious stance regarding the company’s valuation or business model, given their capacity for detailed on-the-ground research.
Khazanchi Jewellers caught your attention? Explore our comprehensive research report with in-depth analysis of this small-cap Gems, Jewellery And Watches stock – fundamentals, valuations, financials, and technical outlook!
- - Comprehensive research report
- - In-depth small-cap analysis
- - Valuation assessment included
Recent Trend and Market Behaviour
Khazanchi Jewellers experienced four consecutive days of gains prior to today’s slight pullback. This recent trend reversal follows a period of sustained upward momentum, which has culminated in the stock reaching its all-time high. The stock’s ability to trade above all major moving averages further supports the view of a strong technical foundation underpinning its price action.
While the stock’s one-day performance was marginally below the Sensex, its longer-term returns have consistently outpaced the benchmark, particularly over the one-month and three-month periods. This pattern indicates that the stock has been a notable performer within its sector and the broader market in recent months.
Valuation Considerations
The company’s price-to-earnings growth (PEG) ratio stands at 0.6, reflecting the relationship between its price valuation and earnings growth rate. This figure suggests that the stock’s valuation is supported by its earnings expansion, although the enterprise value to capital employed ratio points to a relatively elevated valuation level.
Summary of Key Financial Indicators
Khazanchi Jewellers’ recent financial disclosures and market performance illustrate a company that has demonstrated strong sales growth, expanding profitability, and solid debt management. The stock’s recent all-time high price of Rs.752.95 is a testament to these underlying fundamentals and the market’s recognition of the company’s progress within the Gems, Jewellery And Watches sector.
As the stock continues to trade above its key moving averages and maintain positive momentum over multiple time frames, its current valuation metrics and ownership structure provide important context for market participants analysing its position.
Limited Time Only! Upgrade now and get 1 Year of Stock of the week worth Rs. 14,999 for FREE. Don't miss out on this exclusive offer. Claim Your Free Year →
