SwarnsaritaJewel

Why is Swarnsarita Jewels India Ltd falling/rising?

As of 01-Sep, Swarnsarita Jewels India Ltd's stock price is declining, currently at 34.82, with a total return decline of 100% over the last two days. Despite some positive growth in net sales and profits, weak long-term fundamentals and significant underperformance against benchmarks contribute to the bearish trend.

As of 01-Sep, Swarnsarita Jewels India Ltd's stock price is falling, currently at 34.82, reflecting a decrease of 0.53 or 1.5%. The stock has been underperforming, having lost value for the last two consecutive days, resulting in a total return decline of 100% during this period. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Investor participation has seen a rise, with delivery volume increasing by 34.83% compared to the 5-day average, but this has not translated into positive price movement. The stock has also underperformed its sector significantly, by 98.8%. <BR><BR>Fundamentally, the company shows some positive growth in net sales, which increased by 42.86% over the last six months, and substantial growth in profit before tax and profit after tax, at 474.7% and 451.4% respectively, compared to previous quarters. However, these positives are overshadowed by weak long-term fundamentals, including a low average return on capital employed (ROCE) of 6.38% and a high debt to EBITDA ratio of 4.52 times, which indicates a poor ability to service debt. Furthermore, 49.91% of promoter shares are pledged, which can exert additional downward pressure on the stock in a declining market.<BR><BR>Overall, the combination of recent price declines, underperformance against benchmarks, and concerns over long-term financial health contribute to the falling stock price of Swarnsarita Jewels India Ltd.

Who are in the management team of SwarnsaritaJewel?

The management team of SwarnsaritaJewel includes Mahendra M Chordia (Managing Director), Sunny M Chordia (Whole-time Director), Rajul Chordia (Executive Director), and several Independent Directors: Dhruvin B Shah, Deep Shailesh Lakhani, and Umang Mitul Mehta, along with Deepak Suthar as Company Secretary & Compliance Officer.

The management team of SwarnsaritaJewel includes the following members:<BR><BR>1. **Mahendra M Chordia** - Managing Director<BR>2. **Dhruvin B Shah** - Independent Director<BR>3. **Sunny M Chordia** - Whole-time Director<BR>4. **Deep Shailesh Lakhani** - Independent Director<BR>5. **Deepak Suthar** - Company Secretary & Compliance Officer<BR>6. **Umang Mitul Mehta** - Independent Director<BR>7. **Rajul Chordia** - Executive Director<BR><BR>If you need more details about any specific member or their roles, feel free to ask!

What does SwarnsaritaJewel do?

Swarnsarita Jewels India Ltd is a manufacturer and wholesaler of high-end gold and diamond jewellery, established in 1992 and publicly listed after acquiring Shyam Star Gems Ltd. As of June 2026, it reported net sales of ₹206 Cr and a net profit of ₹11 Cr, with a market cap of ₹72 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>Swarnsarita Jewels India Ltd was established in August 1992 and became publicly listed following the takeover of Shyam Star Gems Ltd, a profit-making company that began its operations in 1989. The latest quarterly results reported net sales and profit for June 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 206 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 11 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 72 Cr (Micro Cap) <BR><BR>Key Metrics: <BR>P/E: 6.00 <BR>Industry P/E: 49 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.48 <BR>Return on Equity: 5.54% <BR>Price to Book: 0.51 <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 peers of the SwarnsaritaJewel?

SwarnsaritaJewel's peers include Ceenik Exports, Dev Labtech, Banaras Beads, Royal India Corp, Mishka Exim, Manoj Jewellers, Moksh Ornaments, and Kabra Jewels, with varying management risks and growth rates. SwarnsaritaJewel has a 1-year return of 7.29%, higher than Ceenik Exports but lower than Mishka Exim's 19.77%.

Peers: The peers of SwarnsaritaJewel are Ceenik Exports, Dev Labtech, Banaras Beads, Royal India Corp, Mishka Exim, Manoj Jewellers, Moksh Ornaments, and Kabra Jewels.<BR><BR>Quality Snapshot: Excellent management risk is observed at Manoj Jewellers and Kabra Jewels, while Below Average management risk is found at Dev Labtech, SwarnsaritaJewel, Royal India Corp, Mishka Exim, and the rest. Average management risk is noted at Banaras Beads and Moksh Ornaments. In terms of growth, Excellent growth is seen at Dev Labtech and Manoj Jewellers, while Below Average growth is found at SwarnsaritaJewel, Royal India Corp, and the rest. Good growth is observed at Mishka Exim, while Average growth is noted at Banaras Beads and Moksh Ornaments. Below Average capital structure is present at SwarnsaritaJewel, Royal India Corp, and the rest, while Good capital structure is seen at Dev Labtech and Mishka Exim, and Average capital structure is noted at Banaras Beads and Moksh Ornaments.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Mishka Exim at 19.77%, while the lowest is Ceenik Exports at -38.03%. SwarnsaritaJewel's 1-year return is 7.29%, which is higher than Ceenik Exports but lower than Mishka Exim. Additionally, the six-month return is negative for Ceenik Exports, Dev Labtech, Manoj Jewellers, and Royal India Corp.

How big is SwarnsaritaJewel?

As of 31st August, Swarnsarita Jewels India Ltd has a market capitalization of 72.00 Cr, with recent Net Sales of 922.20 Cr and a Net Profit of 12.42 Cr. Shareholder's Funds are 140.26 Cr and Total Assets are valued at 225.82 Cr.

As of 31st August, Swarnsarita Jewels India Ltd has a market capitalization of 72.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 922.20 Cr and a Net Profit of 12.42 Cr.<BR><BR>For the latest annual period ending in March 2026, the Shareholder's Funds amounted to 140.26 Cr, while the Total Assets were valued at 225.82 Cr.

Which are the latest news on SwarnsaritaJewel?

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

Are Swarnsarita Jewels India Ltd latest results good or bad?

Swarnsarita Jewels India Ltd's latest results are concerning, showing a net loss of ₹6.78 crores and a significant decline in profitability despite a 49.90% year-on-year revenue growth. The negative operating margin and below-average return on equity indicate deeper operational issues.

Swarnsarita Jewels India Ltd's latest results for Q4 FY26 indicate significant challenges. The company reported a net loss of ₹6.78 crores, which marks a staggering 505.99% decline compared to the previous quarter. This is concerning, especially given that the company had previously posted a profit in the prior quarter.<BR><BR>On a more positive note, the company achieved a revenue growth of 49.90% year-on-year, with net sales reaching ₹236.65 crores, reflecting an 8.63% increase from the previous quarter. However, this revenue growth is overshadowed by the severe decline in profitability, as the operating margin fell to a negative 3.24%, the lowest on record for the company.<BR><BR>Additionally, the return on equity (ROE) stands at 7.82%, which is below industry standards, highlighting ongoing operational inefficiencies. The overall financial performance suggests that while the company is generating more sales, it is struggling to convert that revenue into profits, raising concerns about its operational management and cost structure.<BR><BR>In summary, while there are signs of revenue growth, the drastic decline in profitability and negative operating margins indicate that the latest results are quite poor, reflecting deeper underlying issues within the company.

When is the next results date for Swarnsarita Jewels India Ltd?

The next results date for Swarnsarita Jewels India Ltd is 30 May 2026.

The next results date for Swarnsarita Jewels India Ltd is scheduled for 30 May 2026.

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.

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.

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.

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.