Palm Jewels

What is the technical trend for Palm Jewels?

As of June 6, 2025, Palm Jewels is in a bearish trend with moderate strength, supported by bearish indicators in MACD, moving averages, and KST, while RSI shows no momentum signals.

As of 6 June 2025, the technical trend for Palm Jewels has changed from sideways to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages confirm a bearish outlook. The weekly KST is also bearish, while the monthly indicators show a mildly bearish trend in Dow Theory and a mildly bullish stance in Bollinger Bands. The RSI shows no signal on both weekly and monthly time frames, indicating a lack of momentum. Overall, the combination of these indicators suggests a bearish sentiment in the market for Palm Jewels.

how big is Palm Jewels?

As of Jun 06, Palm Jewels Ltd has a market capitalization of 27.81 Cr and reported net sales of 189.75 Cr and a net profit of 0.54 Cr over the latest four quarters. Shareholder's funds are 15.05 Cr, with total assets of 17.61 Cr as of Mar'24.

Market Cap: Palm Jewels Ltd has a market capitalization of 27.81 Cr and is classified as a Micro Cap company as of Jun 06.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes Mar'25, Dec'24, Sep'24, and Jun'24, is 189.75 Cr. The sum of Net Profit for the same period is 0.54 Cr. This data is presented on a Standalone basis.<BR><BR>Balance Sheet Snapshot: This is Standalone data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 15.05 Cr, and the Total Assets amount to 17.61 Cr.

What is the bonus history of the Palm Jewels?

Palm Jewels issued a 36:100 bonus effective from March 26, 2020, meaning shareholders received 36 additional shares for every 100 shares held. The record date for this bonus was March 27, 2020.

Palm Jewels has a bonus history that includes a recent issue announced as a 36:100 bonus. This bonus was effective from the ex-date of March 26, 2020, with a record date of March 27, 2020. This means that for every 100 shares held, shareholders received an additional 36 shares. If you have any more questions about Palm Jewels or need further details, feel free to ask!

Has Palm Jewels declared dividend?

No Dividend History Available

Who are the peers of the Palm Jewels?

Palm Jewels' peers include Redington, MMTC, MSTC, Ravindra Energy, LWS Knitwear, Kisaan Parivar, Asian Tea & Exp, and Mihika Industrie. In terms of performance, Ravindra Energy leads with a 1-year return of 142.31%, while MSTC has the lowest at -39.77%, and Palm Jewels stands at 30.05%.

Peers: The peers of Palm Jewels are Redington, MMTC, MSTC, Ravindra Energy, LWS Knitwear, Kisaan Parivar, Asian Tea & Exp, and Mihika Industrie.<BR><BR>Quality Snapshot: Excellent management risk is observed at Redington, while Average management risk is found at MMTC and MSTC, and the rest have Below Average management risk. Growth is Excellent at LWS Knitwear, while Average growth is noted at Kisaan Parivar, and the rest have Below Average growth. Capital Structure is Excellent at MSTC, Good at Redington, and the rest have Below Average capital structure.<BR><BR>Return Snapshot: Ravindra Energy has the highest 1-year return at 142.31%, while MSTC has the lowest at -39.77%. Palm Jewels has a 1-year return of 30.05%, which is higher than MSTC but lower than Ravindra Energy. Additionally, peers such as MSTC, LWS Knitwear, Kisaan Parivar, Asian Tea & Exp, and Mihika Industrie have negative six-month returns.

Who are in the management team of Palm Jewels?

As of March 2020, the management team of Palm Jewels includes Rohit D Shah (Managing Director), Chetna R Shah (Non Executive Director), Saunil R Shah (Whole-time Director), Vaishnavi D Prajapati (Additional Independent Director), Jagdish Kanzariya (Company Secretary), Mitkumar Dipakkumar Shah (Independent Director), and Bharat Magaramji Ghanchi (Additional Director). Each member contributes to the company's governance and operations.

As of March 2020, the management team of Palm Jewels includes the following individuals:<BR><BR>1. Rohit D Shah - Managing Director<BR>2. Chetna R Shah - Non Executive Director<BR>3. Saunil R Shah - Whole-time Director<BR>4. Vaishnavi D Prajapati - Additional Independent Director<BR>5. Jagdish Kanzariya - Company Secretary<BR>6. Mitkumar Dipakkumar Shah - Independent Director<BR>7. Bharat Magaramji Ghanchi - Additional Director<BR><BR>Each member plays a distinct role within the company, contributing to its governance and operational management.

What does Palm Jewels do?

Palm Jewels Ltd is a micro-cap company engaged in the wholesale of gold jewellery, with net sales of 376 Cr and a net profit of 1 Cr as of March 2025. Originally incorporated in 2005, it became a public company in 2018 and operates within the Trading & Distributors industry.

Overview: <BR>Palm Jewels Ltd is engaged in the wholesale business of gold jewellery and operates within the Trading & Distributors industry, classified as a Micro Cap company.<BR><BR>History: <BR>Palm Jewels Ltd was originally incorporated as Shilvi Jewels Private Limited in 2005. The company changed its name to Palm Jewels Private Limited in 2016 and became a public company in 2018, adopting the name Palm Jewels Limited. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Net Sales: 376 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 1 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: INR 26 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 26.00 <BR>Industry P/E: 70 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.19 <BR>Return on Equity: 3.49% <BR>Price to Book: 1.70 <BR><BR>Contact Details: <BR>Address: G F-37 Super Mall Nr Diamond, CO Hsg Soc Ltd Nr Lal Bunglow Ahmedabad Gujarat : 380009 <BR>Tel: 91-79-40052056 <BR>Email: compliance.pjl@gmail.com <BR>Website: http://www.palmjewels.com

Who are the top shareholders of the Palm Jewels?

The top shareholders of Palm Jewels are Rohit Dalpatbhai Shah with 36.12%, Vivid Mercantile Limited at 19.38%, and individual investors holding a combined 25.41%. There are no institutional holdings or pledged promoter shares.

The top shareholders of Palm Jewels include Rohit Dalpatbhai Shah, who holds the largest stake at 36.12%. The highest public shareholder is Vivid Mercantile Limited, with a holding of 19.38%. Additionally, individual investors collectively own 25.41% of the company. There are no institutional holdings or pledged promoter shares reported.

When is the next results date for Palm Jewels?

The next results date for Palm Jewels is 12 November 2025.

The next results date for Palm Jewels is scheduled for 12 November 2025.

How has been the historical performance of Palm Jewels?

Palm Jewels has experienced significant growth in net sales, increasing from 41.91 Cr in Mar'19 to 189.74 Cr in Mar'25, alongside improved profitability metrics. However, cash flow from operating activities turned negative in Mar'25, indicating potential challenges in cash management despite strong sales growth.

Answer:<BR>The historical performance of Palm Jewels shows a significant growth trajectory in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Palm Jewels has demonstrated a consistent increase in net sales, rising from 41.91 Cr in Mar'19 to 189.74 Cr in Mar'25. This upward trend reflects a robust growth strategy, with notable jumps in sales from 99.69 Cr in Mar'23 to 160.53 Cr in Mar'24, and further to 189.74 Cr in Mar'25. The total operating income has mirrored this growth, reaching 189.74 Cr in Mar'25. The company's total expenditure, excluding depreciation, also increased, amounting to 188.73 Cr in Mar'25, which indicates a rising cost structure alongside revenue growth. Operating profit, excluding other income, improved to 1.01 Cr in Mar'25 from 0.14 Cr in Mar'20, showcasing enhanced operational efficiency. Profit before tax has also seen a positive trend, climbing to 0.71 Cr in Mar'25 from 0.12 Cr in Mar'19, while profit after tax reached 0.54 Cr in Mar'25, up from 0.09 Cr in Mar'19. The company's total assets increased to 19.84 Cr in Mar'25, with total liabilities also rising to 19.84 Cr, indicating a balanced growth in both assets and liabilities. Cash flow from operating activities showed a negative trend in Mar'25 at -2.00 Cr, contrasting with positive cash flows in previous years, suggesting challenges in cash generation despite strong sales growth. Overall, Palm Jewels has shown significant improvement in sales and profitability metrics, although cash flow management may require attention.

Is Palm Jewels overvalued or undervalued?

As of November 13, 2025, Palm Jewels is considered overvalued with a high PE ratio of 37.32, a low PEG ratio of 0.00, and poor return metrics, resulting in a valuation grade downgrade from very attractive to attractive, alongside a year-to-date stock decline of 21.2%.

As of 13 November 2025, the valuation grade for Palm Jewels has moved from very attractive to attractive, indicating a shift in market perception. The company is currently assessed as overvalued based on its high PE ratio of 37.32, which is significantly higher than its peers such as Titan Company with a PE of 82.51 and P N Gadgil Jewellers at 30.26. Additionally, the EV to EBITDA ratio stands at 22.42, which is also elevated compared to the industry average.<BR><BR>In comparison to its peers, Palm Jewels' PEG ratio of 0.00 suggests a lack of growth relative to its price, while competitors like Thangamayil Jewellers and Senco Gold, both rated attractive, have PEG ratios of 0.80 and 1.39, respectively. The company's return metrics are also concerning, with a ROCE of 4.72% and ROE of 3.88%, indicating inefficiencies in capital utilization. Recent stock performance shows a decline of 21.2% year-to-date, contrasting with the Sensex's gain of 8.11% in the same period, reinforcing the overvaluation narrative.

Are Palm Jewels Ltd latest results good or bad?

Palm Jewels Ltd's latest results show a significant net profit increase of 110.53% to ₹0.40 crores, but a 16.94% year-on-year revenue decline raises concerns about market demand. Overall, the mixed performance and weak financial metrics suggest a "SELL" rating remains appropriate.

Palm Jewels Ltd's latest results present a mixed picture. On one hand, the company reported a significant sequential improvement in net profit, which rose by 110.53% to ₹0.40 crores in Q3 FY26, marking its highest quarterly profit in recent history. Additionally, the operating margin improved to 1.01%, up from 0.75% in the previous quarter, indicating better cost management.<BR><BR>However, the overall context remains concerning. The company's revenue for the quarter was ₹58.20 crores, which represents a 16.94% decline year-on-year. This suggests ongoing challenges in maintaining market share and demand within the competitive wholesale gold jewellery distribution sector. The nine-month performance for FY26 also shows a 10.90% drop in net sales compared to the same period last year.<BR><BR>Moreover, Palm Jewels continues to struggle with weak profitability metrics, as evidenced by a return on equity (ROE) of just 3.77% and a very thin profit after tax (PAT) margin of 0.69%. The absence of institutional investor interest further highlights skepticism about the company's long-term prospects.<BR><BR>In summary, while there are some positive signs in terms of profit recovery and margin improvement, the persistent revenue decline and overall weak financial metrics indicate that the results are not strong enough to shift the company's challenging outlook. The current rating remains in "SELL" territory, reflecting these ongoing concerns.

Should I buy, sell or hold Palm Jewels Ltd?

Why is Palm Jewels Ltd falling/rising?

As of 04-Mar, Palm Jewels Ltd's stock price is Rs. 16.25, down 3.27% and at a new 52-week low, reflecting a broader decline of 7.14% over the last four days. The stock has underperformed the Sensex significantly, with a year-to-date drop of 9.42% compared to the Sensex's 7.16%.

As of 04-Mar, Palm Jewels Ltd's stock price is falling, currently at Rs. 16.25, which reflects a decrease of Rs. 0.55 or 3.27%. This decline is part of a broader trend, as the stock has been losing value for the last four days, resulting in a total drop of 7.14% over that period. Additionally, the stock has reached a new 52-week low today, indicating significant downward pressure.<BR><BR>The stock's performance has also been poor relative to the benchmark Sensex, underperforming by 1.51% today. Over the past month, Palm Jewels Ltd has seen a decline of 10.71%, while the Sensex has only fallen by 5.61%. Year-to-date, the stock is down 9.42%, compared to a 7.16% drop in the Sensex. Over the past year, the stock has plummeted by 55.16%, contrasting sharply with the Sensex's gain of 8.39%.<BR><BR>Moreover, Palm Jewels Ltd is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically indicates a bearish trend. Despite a rise in investor participation, with a 146.69% increase in delivery volume on February 27, the overall sentiment remains negative, contributing to the stock's decline.

Which are the latest news on Palm Jewels?