Swarnsarita Jewel

Why is Swarnsarita Jewels India Ltd falling/rising?

As of 09-Aug, Swarnsarita Jewels India Ltd's stock is rising to 31.59, indicating a potential trend reversal after previous declines. However, it remains below key moving averages and shows decreased investor participation, suggesting mixed signals overall.

As of 09-Aug, Swarnsarita Jewels India Ltd's stock price is rising, currently at 31.59, reflecting an increase of 0.23 or 0.73%. This upward movement comes after the stock experienced two consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 1.67% today, suggesting positive momentum relative to its peers.<BR><BR>However, it is important to note that despite the current rise, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which typically indicates a bearish trend. Furthermore, there has been a decline in investor participation, with delivery volume falling by 12.16% compared to the 5-day average. This decrease in trading activity may suggest caution among investors.<BR><BR>Overall, while the stock is experiencing a rise today, the broader context shows mixed signals, with both positive short-term performance and negative indicators regarding moving averages and investor participation.

Which are the latest news on Swarnsarita Jewel?

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

What does Swarnsarita Jewel do?

Swarnsarita Jewels India Ltd is a manufacturer and wholesaler of high-end gold and diamond jewellery, established in 1992. As of March 2026, it reported net sales of ₹237 Cr and a net loss of ₹7 Cr, with a market cap of ₹69 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 was formed 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 the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 237 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -7 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 69 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 9.00 <BR>Industry P/E: 45 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.48 <BR>Return on Equity: 5.54% <BR>Price to Book: 0.48 <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

How big is Swarnsarita Jewel?

As of 10th June, Swarnsarita Jewels India Ltd has a market capitalization of 69.00 Cr, with recent net sales of 868.21 Cr and a net profit of 7.77 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Swarnsarita Jewels India Ltd has a market capitalization of 69.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 868.21 Cr, while the sum of Net Profit for the same period is 7.77 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 128.06 Cr, and Total Assets amount to 225.11 Cr.

Who are in the management team of Swarnsarita Jewel?

The management team of Swarnsarita Jewel includes Mahendra M Chordia (Managing Director), Sunny M Chordia (Whole-time Director), Rajul Chordia (Executive Director), and independent directors Dhruvin B Shah, Deep Shailesh Lakhani, and Umang Mitul Mehta, along with Deepak Suthar as Company Secretary & Compliance Officer. They oversee the company's operations and strategic direction.

The management team of Swarnsarita Jewel includes the following individuals:<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>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Swarnsarita Jewel?

Swarnsarita Jewel's peers include Retaggio Indust., Viram Suvarn, and others, with varying management risks and growth rates. Swarnsarita Jewel has a Below Average management risk and growth, with a 1-year return of 0.74%.

Peers: The peers of Swarnsarita Jewel are Retaggio Indust., Viram Suvarn, Ceenik Exports, Royal India Corp, Banaras Beads, Mishka Exim, AJC Jewel, Guru Krupa Gems, and Moksh Ornaments.<BR><BR>Quality Snapshot: Excellent management risk is observed at Retaggio Indust., while Average management risk is found at Viram Suvarn, AJC Jewel, Banaras Beads, and Moksh Ornaments, and the rest. Below Average management risk is noted for Swarnsarita Jewel, Mishka Exim, Guru Krupa Gems. In terms of Growth, Excellent growth is seen at Retaggio Indust., Good growth at Viram Suvarn, Mishka Exim, AJC Jewel, and the rest, while Below Average growth is present at Swarnsarita Jewel, Banaras Beads, Guru Krupa Gems. For Capital Structure, Good capital structure is noted at Retaggio Indust. and Banaras Beads, Below Average at Royal India Corp, AJC Jewel, and Swarnsarita Jewel, while Average capital structure is observed at Moksh Ornaments.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Retaggio Indust. at 211.07%, while Ceenik Exports has the lowest at -70.17%. Swarnsarita Jewel's 1-year return is 0.74%, which is significantly lower than Retaggio Indust. and higher than Ceenik Exports. Additionally, the six-month return is negative for Royal India Corp, Banaras Beads, and Mishka Exim.

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.