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.

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.

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.

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.

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

Why is Swarnsarita Jewels India Ltd falling/rising?

As of 02-Jun, Swarnsarita Jewels India Ltd's stock price is rising to 32.89, driven by increased investor participation and positive trends relative to moving averages. Despite recent declines, the stock has a year-to-date gain of 5.65%, indicating resilience compared to broader market trends.

As of 02-Jun, Swarnsarita Jewels India Ltd's stock price is rising, currently at 32.89, reflecting a change of 0.17 or 0.52% increase. This upward movement can be attributed to several factors. Firstly, the stock has shown a significant increase in investor participation, with a delivery volume of 9.95k on June 1, which is a remarkable 97.1% rise compared to the 5-day average delivery volume. This indicates growing interest and confidence among investors in the stock.<BR><BR>Additionally, the stock's current price is higher than its 5-day, 50-day, and 200-day moving averages, suggesting a positive trend in the short to medium term. Although it is lower than the 20-day and 100-day moving averages, the overall performance today is described as inline with the sector, which may also contribute to its stability and gradual rise.<BR><BR>Despite a decline in the stock over the past week and month, with losses of 1.41% and 4.17% respectively, the year-to-date performance shows a positive return of 5.65%, indicating resilience in the stock's performance relative to broader market trends, as the Sensex has declined by 12.40% during the same period. This long-term perspective, combined with increased trading activity, supports the current rise in the stock price.

Which are the latest news on Swarnsarita Jewel?