Pushpa Jewellers Ltd (PUSHPA) Stock Analysis | Price, Returns, Financials & Key Metrics

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

3.0 k (-96.45%) Volume

Shareholding (Sep 2025)

FII

2.36%

Held by 4 FIIs

DII

1.92%

Held by 0 DIIs

Promoter

72.29%

How has been the historical performance of Pushpa Jewellers?

06-Nov-2025

Pushpa Jewellers has shown significant growth in the fiscal year ending March 2024, with net sales increasing to 255.34 crore from 165.80 crore, and profit after tax rising to 13.58 crore from 8.14 crore. The company also improved its operating profit margin and reserves, indicating strong overall financial performance.

Is Pushpa Jewellers overvalued or undervalued?

10-Nov-2025

As of November 7, 2025, Pushpa Jewellers is considered very attractive due to its favorable financial indicators, including a PE ratio of 13.77 and a PEG ratio of 0.00, suggesting it is undervalued compared to peers like Titan Company and Kalyan Jewellers, despite recent short-term underperformance.

Which are the latest news on Pushpa Jewellers?

04-Dec-2025

Is Pushpa Jewellers overvalued or undervalued?
Is Pushpa Jewellers overvalued or undervalued?

Why is Pushpa Jewellers falling/rising?

05-Dec-2025

As of 04-Dec, Pushpa Jewellers Ltd's stock price is currently at 110.15, reflecting a 6.43% increase today. However, the stock has declined 6.41% over the past week and 23.16% over the past month, indicating a broader downward trend despite today's rise.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

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Dashboard

Unrated Stock - No Analysis Available

Mojo Parameters

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Stock DNA

Industry

Gems, Jewellery And Watches

Market cap

INR 265 Cr (Micro Cap)

P/E

12.00

Industry P/E

Dividend Yield

0.00%

Debt Equity

-0.02

Return on Equity

15.97%

Price to Book

1.91

Revenue and Profits:

Net Sales:

66 Cr

(Quarterly Results - Jun 2024)

Net Profit:

7 Cr

Total Returns

Total Returns (Price + Dividend)

Dividend Yield (0%)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

-15.61%

6 Months

0.0%

1 Year

0.0%

2 Years

0.0%

3 Years

0.0%

4 Years

0.0%

5 Years

0.0%

Pushpa Jewellers for the last several years.

Risk Adjusted Returns v/s

Returns Beta

Beta has not been calculated since enough price history is not available

News & Corporate Actions

News

Is Pushpa Jewellers overvalued or undervalued?

As of 7 November 2025, the valuation grade for Pushpa Jewellers has moved from does not qualify to very attractive, indicating a significant improvement in its perceived value. The company is currently assessed as undervalued, especially when compared to its peers in the gems and jewellery sector. Key ratios include a PE Ratio of 13.77, an EV to EBIT of 9.62, and a ROCE of 23.15%, which are all favorable indicators of financial health. In comparison to peers, Pushpa Jewellers stands out with a PE Ratio significantly lower than Titan Company at 81.03 and Kalyan Jewellers at 66.09, both of which are considered expensive. Additionally, the EV to EBITDA ratio of 9.51 for Pushpa Jewellers is also more attractive compared to the industry average. Despite recent stock performance lagging behind the Sensex, with a 1-month return of -6.77% versus the Sensex's 1.53%, the overall valuation metrics suggest that Pushpa...

Is Pushpa Jewellers overvalued or undervalued?

As of 7 November 2025, the valuation grade for Pushpa Jewellers has moved from does not qualify to very attractive, indicating a significant improvement in its valuation profile. The company is currently assessed as undervalued. Key ratios include a PE ratio of 13.77, an EV to EBIT of 9.62, and a ROCE of 23.15%, which suggest strong operational efficiency and earnings potential relative to its price. In comparison to peers, Pushpa Jewellers stands out with a PE ratio lower than that of Titan Company at 81.03 and Kalyan Jewellers at 66.09, both of which are considered expensive. Additionally, the EV to EBITDA ratio of 9.51 is competitive against peers like PC Jeweller, which has a similar valuation grade but a higher EV to EBITDA of 21.55. Despite recent stock performance lagging behind the Sensex, the underlying valuation metrics indicate that Pushpa Jewellers presents a compelling investment opportunity i...

How has been the historical performance of Pushpa Jewellers?

Answer: The historical performance of Pushpa Jewellers shows significant growth in various financial metrics over the past year. Breakdown: In the fiscal year ending March 2024, Pushpa Jewellers reported net sales of 255.34 crore, a substantial increase from 165.80 crore in March 2023. The total operating income mirrored this growth, reaching 255.34 crore compared to 165.80 crore the previous year. However, total expenditure also rose to 235.40 crore from 152.94 crore, primarily driven by an increase in raw material costs, which escalated to 223.88 crore from 147.43 crore. Despite higher costs, the operating profit (PBDIT) increased to 20.09 crore from 12.90 crore, resulting in an operating profit margin of 7.81%, slightly up from 7.76%. Profit before tax rose to 18.16 crore from 11.91 crore, and profit after tax saw a notable increase to 13.58 crore from 8.14 crore, leading to a PAT margin of 5.32%, up fr...

No announcement available

Corporate Actions

BOARD MEETING

No Upcoming Board Meetings

DIVIDEND

No Dividend history available

SPLITS

No Splits history available

BONUS

No Bonus history available

RIGHTS

No Rights history available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

54.00%

EBIT Growth (5y)

55.49%

EBIT to Interest (avg)

15.38

Debt to EBITDA (avg)

0.72

Net Debt to Equity (avg)

0.32

Sales to Capital Employed (avg)

3.14

Tax Ratio

25.23%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

4.28%

ROCE (avg)

31.91%

ROE (avg)

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.91

EV to EBIT

8.45

EV to EBITDA

8.27

EV to Capital Employed

1.93

EV to Sales

0.94

PEG Ratio

Dividend Yield

ROCE (Latest)

22.86%

ROE (Latest)

15.97%

Technicals key factors

Indicator

Weekly

Monthly

No records

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 4 FIIs (2.36%)

Promoter with highest holding

Mridul Tibrewal (62.5%)

Highest Public shareholder

Krushnam Nexus Capital Scheme 1 (3.56%)

Individual Investors Holdings

17.06%

Financial

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          "field": "Interest",
          "val1": "1.51",
          "val2": "0.89",
          "chgp": "69.66%",
          "chgp_class": "negative"
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          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "field": "Standalone Net Profit",
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          "val2": "9.74",
          "chgp": "13.24%",
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          "field": "Operating Profit Margin (Excl OI)",
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          "val2": "13.38%",
          "chgp": "-4.04%",
          "chgp_class": "negative"
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          "val2": "210.91",
          "chgp": "12.11%",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "26.38",
          "val2": "24.07",
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          "field": "Interest",
          "val1": "1.83",
          "val2": "1.01",
          "chgp": "81.19%",
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Quarterly Results Snapshot (Standalone) - Jun'24 - QoQ

Jun'24

Change(%)

Net Sales

66.46

Operating Profit (PBDIT) excl Other Income

10.51

Interest

0.32

Exceptional Items

0.00

Standalone Net Profit

7.48

Operating Profit Margin (Excl OI)

15.81%

NA%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Quarterly Results

Half Yearly Results Snapshot (Standalone) - Sep'25

Sep'25

Mar'25

Change(%)

Net Sales

170.00

136.61

24.44%

Operating Profit (PBDIT) excl Other Income

15.87

18.28

-13.18%

Interest

1.51

0.89

69.66%

Exceptional Items

0.00

Standalone Net Profit

11.03

9.74

13.24%

Operating Profit Margin (Excl OI)

9.34%

13.38%

-4.04%

Values in Rs Cr.

Compare with Peers

Net Sales

Growth in half year ended Sep 2025 is 24.44% vs -5.43% in Mar 2025

Standalone Net Profit

Growth in half year ended Sep 2025 is 13.24% vs -22.39% in Mar 2025

All Half Yearly Results

Nine Monthly Results Snapshot (Standalone) - Jun'24

Jun'24

Change(%)

Net Sales

236.46

210.91

12.11%

Operating Profit (PBDIT) excl Other Income

26.38

24.07

9.60%

Interest

1.83

1.01

81.19%

Exceptional Items

0.00

Standalone Net Profit

18.51

20.03

-7.59%

Operating Profit Margin (Excl OI)

11.16%

11.41%

-0.25%

Values in Rs Cr.

Compare with Peers

Net Sales

Not Applicable: The company has declared_date for only one period

Standalone Net Profit

Not Applicable: The company has declared_date for only one period

All Nine Monthly Results

Annual Results Snapshot (Standalone) - Mar'25

Mar'25

Mar'24

Change(%)

Net Sales

281.06

255.34

10.07%

Operating Profit (PBDIT) excl Other Income

31.84

19.94

59.68%

Interest

1.58

1.39

13.67%

Exceptional Items

0.00

Standalone Net Profit

22.29

13.58

64.14%

Operating Profit Margin (Excl OI)

11.33%

7.81%

3.52%

Values in Rs Cr.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2025 is 10.07% vs 54.00% in Mar 2024

Standalone Net Profit

YoY Growth in year ended Mar 2025 is 64.14% vs 66.83% in Mar 2024

All Annual Results

Company CV

About Pushpa Jewellers Ltd

Pushpa Jewellers Ltd

Micro Cap

Gems, Jewellery And Watches

No Details Available.

Company Coordinates

No Company Details Available

Pushpa Jewellers

1Day

52 Week

CASH

FII

DII

Promoter

How has been the historical performance of Pushpa Jewellers?

Watch in Real-Time

Is Pushpa Jewellers overvalued or undervalued?

Which are the latest news on Pushpa Jewellers?

Why is Pushpa Jewellers falling/rising?

MarketsMojo — Loved in India, Now Global

Dashboard

Mojo Parameters

Stock DNA

Total Returns (Price + Dividend)

Risk Adjusted Returns v/s

Returns Beta

News

Is Pushpa Jewellers overvalued or undervalued?

Is Pushpa Jewellers overvalued or undervalued?

How has been the historical performance of Pushpa Jewellers?

Announcements

Corporate Actions

Quality key factors

Valuation key factors

Technicals key factors

Shareholding Snapshot : Sep 2025

Shareholding Compare (%holding)

Quarterly Results Snapshot (Standalone) - Jun'24 - QoQ

Half Yearly Results Snapshot (Standalone) - Sep'25

Nine Monthly Results Snapshot (Standalone) - Jun'24

Annual Results Snapshot (Standalone) - Mar'25

About Pushpa Jewellers Ltd

Company Coordinates