Swarnsarita Jewel

Who are in the management team of Swarnsarita Jewel?

As of March 2022, the management team of Swarnsarita Jewel includes Mahendra M Chordia (Managing Director), Sunny M Chordia (Whole-time Director), Rajul Chordia (Executive Director), and several Independent Directors, with varying remuneration levels.

As of March 2022, the management team of Swarnsarita Jewel includes the following members:<BR><BR>1. Mahendra M Chordia - Managing Director (Remuneration: Rs. 72.0 lacs)<BR>2. Dhruvin B Shah - Independent Director (Remuneration: Rs. 6.06 lacs)<BR>3. Sunny M Chordia - Whole-time Director (Remuneration: Rs. 60.0 lacs)<BR>4. Deep Shailesh Lakhani - Independent Director (Remuneration: Rs. 18.8 k)<BR>5. Deepak Suthar - Company Secretary & Compliance Officer (Remuneration: Rs. 0)<BR>6. Umang Mitul Mehta - Independent Director (Remuneration: Rs. 0)<BR>7. Rajul Chordia - Executive Director (Remuneration: Rs. 48.0 lacs)

Has Swarnsarita Jewel declared dividend?

Yes, Swarnsarita Jewel has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 11, 2013. However, the dividend yield is 0%, and total returns have shown significant price appreciation over various periods despite the lack of dividends.

Yes, Swarnsarita Jewel has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 11 Sep 13<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -19.36%, with a dividend return of 0%, resulting in a total return of -19.36%.<BR><BR>For the 1-year period, the price return was 20.56%, with a dividend return of 0%, leading to a total return of 20.56%.<BR><BR>Over the 2-year period, the price return was 65.17%, with a dividend return of 0%, culminating in a total return of 65.17%.<BR><BR>In the 3-year period, the price return was 61.24%, with a dividend return of 0%, resulting in a total return of 61.24%.<BR><BR>For the 4-year period, the price return was 125.43%, with a dividend return of 0%, leading to a total return of 125.43%.<BR><BR>In the 5-year period, the price return was 412.32%, with a dividend return of 0%, culminating in a total return of 412.32%.<BR><BR>Overall, while Swarnsarita Jewel declared a dividend, the dividend yield remains at 0%. The total returns over various periods show significant price appreciation, particularly over the longer term, despite the absence of dividends in recent years.

Who are the peers of the Swarnsarita Jewel?

Swarnsarita Jewel's peers include Titan Company, Kalyan Jewellers, PC Jeweller, and others. In terms of management risk, growth, and capital structure, it ranks below average compared to its peers, with a 1-year return of 25.95%.

Peers: The peers of Swarnsarita Jewel are Titan Company, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Veeram Securit., Dev Labtech, AKI India, and Zodiac-JRD MKJ.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company, Kalyan Jewellers, and P N Gadgil Jewe., while Average management risk is found at Ethos Ltd and Veeram Securit. Below Average management risk is noted for PC Jeweller, Dev Labtech, AKI India, Swarnsarita Jewel, Zodiac-JRD MKJ, and the rest. Growth is Excellent for Titan Company, Kalyan Jewellers, P N Gadgil Jewe., and Ethos Ltd, while Below Average growth is seen in PC Jeweller, AKI India, Swarnsarita Jewel, Zodiac-JRD MKJ, and the rest. Capital Structure is Excellent for P N Gadgil Jewe., Good for Titan Company, Ethos Ltd, and Veeram Securit., while Below Average is noted for Kalyan Jewellers, PC Jeweller, Dev Labtech, AKI India, Swarnsarita Jewel, Zodiac-JRD MKJ, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 154.26%, while the lowest is AKI India at -63.58%. Swarnsarita Jewel's 1-year return of 25.95% is positive in comparison. Additionally, Kalyan Jewellers, PC Jeweller, P N Gadgil Jewe., Dev Labtech, AKI India, Zodiac-JRD MKJ, and Divine Hira have negative six-month returns.

Is Swarnsarita Jewel overvalued or undervalued?

As of November 15, 2023, Swarnsarita Jewel is considered very attractive and undervalued with a PE ratio of 12.51, significantly lower than its peers, and has outperformed the Sensex over the past year, making it a compelling investment opportunity.

As of 15 November 2023, the valuation grade for Swarnsarita Jewel has moved from attractive to very attractive, indicating a positive shift in its financial standing. The company is currently assessed as undervalued, with a PE ratio of 12.51, an EV to EBITDA ratio of 9.43, and a Price to Book Value of 0.52. These ratios suggest that the company is trading at a significant discount compared to its intrinsic value.<BR><BR>In comparison to its peers, Swarnsarita Jewel's PE ratio is notably lower than that of Titan Company, which stands at 94.61, and Kalyan Jewellers, which is at 81.3, both of which are considered overvalued. Additionally, while Swarnsarita Jewel's EV to EBITDA ratio of 9.43 is competitive, it is still lower than that of PC Jeweller at 24.41. Despite a recent decline in stock performance over the past week, the company has outperformed the Sensex over the last year, with a return of 18.91% compared to the Sensex's 7.60%. This reinforces the view that Swarnsarita Jewel presents a compelling investment opportunity at its current valuation.

What is the technical trend for Swarnsarita Jewel?

As of June 2, 2025, Swarnsarita Jewel's trend has shifted to mildly bearish, indicated by bearish daily moving averages and Bollinger Bands, despite some mildly bullish weekly indicators, with the stock underperforming against the Sensex year-to-date.

As of 2 June 2025, the technical trend for Swarnsarita Jewel has changed from sideways to mildly bearish. The current stance is mildly bearish, driven by the daily moving averages indicating bearish momentum and the Bollinger Bands showing a bearish signal on both weekly and monthly time frames. While the weekly MACD and KST are mildly bullish, the overall monthly indicators lean bearish, suggesting a lack of strong upward momentum. The stock's recent performance has also underperformed compared to the Sensex, particularly year-to-date.

What does Swarnsarita Jewel do?

Swarnsarita Jewels India Ltd is a manufacturer and wholesaler of high-end gold and diamond jewellery, listed on the Bombay Stock Exchange. As of March 2025, it reported net sales of ₹1,579 Cr and a net loss of ₹40 Cr, with a market cap of ₹67 Cr.

Overview:<BR>Swarnsarita Jewels India Ltd is a manufacturer and wholesaler of high-end gold and diamond jewellery, operating in the gems, jewellery, and watches industry within the micro-cap market segment.<BR><BR>History:<BR>Established in August 1992, Swarnsarita Jewels India Ltd became publicly listed on the Bombay Stock Exchange following the takeover of Shyam Star Gems Ltd, an existing profit-making company. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1,579 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -40 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: INR 67 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 12.00<BR>- Industry P/E: 70<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.61<BR>- Return on Equity: 4.14%<BR>- Price to Book: 0.52<BR><BR>Contact Details:<BR>Address: 125/127 Daya Mandir 6 Th Floor, Room No 5 to 10 Mumbadevi Mumbai Maharashtra : 400003<BR>Tel: 91-22-43590000<BR>Email: info@swarnsarita.com<BR>Website: http://www.swarnsarita.com

Who are the top shareholders of the Swarnsarita Jewel?

The top shareholders of Swarnsarita Jewel include Swarnsarita Jewellers Pvt Ltd, which holds 44.82%, and individual investors with a collective 40.89%. The highest public shareholder is Sheela Sunil Kothari at 3.18%, with no mutual funds or foreign institutional investors involved.

The top shareholders of Swarnsarita Jewel include the promoters, who hold a significant majority of the shares. The promoter with the highest holding is Swarnsarita Jewellers Pvt Ltd, which owns 44.82% of the company. Additionally, individual investors collectively hold 40.89% of the shares. The highest public shareholder is Sheela Sunil Kothari, with a stake of 3.18%. Notably, there are no mutual funds or foreign institutional investors (FIIs) holding shares in the company.

How big is Swarnsarita Jewel?

As of 24th July, Swarnsarita Jewels India Ltd has a market capitalization of 72.00 Cr, with recent net sales of 761.36 Cr and a net profit of 5.30 Cr. Shareholder's funds are 122.65 Cr and total assets amount to 240.91 Cr as of March 2024.

As of 24th July, Swarnsarita Jewels India Ltd has a market capitalization of 72.00 Cr, classified as a Micro Cap.<BR><BR>For the latest four quarters, the company reported Net Sales of 761.36 Cr and a Net Profit of 5.30 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, with Shareholder's Funds amounting to 122.65 Cr and Total Assets of 240.91 Cr.

When is the next results date for Swarnsarita Jewel?

The next results date for Swarnsarita Jewel is 14 August 2025.

The next results date for Swarnsarita Jewel is scheduled for 14 August 2025.

How has been the historical performance of Swarnsarita Jewel?

Swarnsarita Jewel's historical performance shows declining net sales from INR 839.90 crore in March 2023 to INR 761.37 crore in March 2025, despite improvements in operating profit and profit before tax. Overall, the company faces challenges with fluctuating sales, profits, and cash flow management.

Answer:<BR>The historical performance of Swarnsarita Jewel shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Swarnsarita Jewel's net sales have seen a decline from INR 839.90 crore in March 2023 to INR 761.37 crore in March 2025, with a peak in March 2023. The total operating income followed a similar trend, decreasing from INR 839.90 crore in March 2023 to INR 761.37 crore in March 2025. The raw material cost has remained relatively stable, with a slight increase to INR 745.62 crore in March 2025 from INR 741.40 crore in March 2024. Operating profit, excluding other income, improved to INR 15.26 crore in March 2025 from INR 13.95 crore in March 2024, while the overall operating profit stood at INR 16.31 crore in March 2025. Profit before tax increased to INR 9.08 crore in March 2025, up from INR 6.61 crore in March 2024, and profit after tax also rose to INR 5.30 crore in March 2025 from INR 4.79 crore in March 2024. The company's total liabilities decreased to INR 225.11 crore in March 2025 from INR 240.91 crore in March 2024, while total assets also declined to INR 225.11 crore in March 2025. Cash flow from operating activities showed a decrease to INR 4.00 crore in March 2024 from INR 8.00 crore in March 2023, and the closing cash and cash equivalents dropped to INR 23.00 crore in March 2024 from INR 40.00 crore in March 2023. Overall, the financial performance of Swarnsarita Jewel reflects a challenging environment with variations in sales, profits, and cash flow management.

Are Swarnsarita Jewels India Ltd latest results good or bad?

Swarnsarita Jewels India Ltd's latest Q2 FY26 results are positive, with a net profit increase of 834.25% year-on-year and revenue growth of 13.95%. However, concerns remain due to low return on equity and high debt levels, which may affect future performance.

Swarnsarita Jewels India Ltd's latest results for Q2 FY26 can be considered quite positive overall. The company reported a net profit of ₹6.82 crore, which is an impressive increase of 834.25% year-on-year. Revenue also saw significant growth, reaching ₹261.78 crore, marking a 13.95% increase compared to the same quarter last year and a substantial 72.29% increase from the previous quarter.<BR><BR>Additionally, the operating margin improved to 3.82%, up 270 basis points year-on-year, and the PAT margin rose to 2.61%, an increase of 229 basis points from the previous year. These figures indicate a strong recovery in profitability and operational efficiency.<BR><BR>However, despite these positive results, there are underlying concerns. The company's return on equity (ROE) remains low at 6.57%, and it has a high debt-to-EBITDA ratio of 8.66x, which limits financial flexibility. Moreover, the stock is trading significantly below its 52-week high, reflecting market skepticism about the sustainability of its recent performance amidst competitive pressures in the gems and jewellery sector.<BR><BR>In summary, while the latest results show strong growth and recovery, the company still faces challenges that could impact its future performance.

Should I buy, sell or hold Swarnsarita Jewels India Ltd?

Why is Swarnsarita Jewels India Ltd falling/rising?

As of 20-May, Swarnsarita Jewels India Ltd's stock price is declining, currently at Rs 32.05, down 3.72% today and showing a bearish trend with decreased investor participation. Despite a positive year-to-date return of 2.96%, the stock has underperformed against the sector and is trading below key moving averages.

As of 20-May, Swarnsarita Jewels India Ltd's stock price is falling, currently at Rs 32.05, which represents a decrease of Rs 1.24 or 3.72%. The stock has underperformed compared to the sector by 3.97% today and has experienced a trend reversal, falling after two consecutive days of gains. Additionally, the stock reached an intraday low of Rs 31.8, reflecting a decline of 4.48% during the trading session.<BR><BR>The stock's performance over the past week shows a decline of 2.08%, while the benchmark Sensex has increased by 0.95%. Over the past month, the stock has decreased by 5.87%, contrasting with a smaller decline of 4.08% in the Sensex. Year-to-date, however, the stock has shown a positive return of 2.96%, while the Sensex has dropped by 11.62%. <BR><BR>Despite this positive year-to-date performance, the stock has been under pressure, trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Furthermore, there has been a notable decline in investor participation, with delivery volume dropping by 25.74% compared to the 5-day average. This combination of factors contributes to the current downward movement in the stock price of Swarnsarita Jewels India Ltd.

Which are the latest news on Swarnsarita Jewel?