Shubhlaxmi Jewel Art Ltd.

Shubhlaxmi Jewel Art Ltd.

NNSE:SHUBHLAXMI
17.90
INR
+0.85
(+4.99%)
356.56MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
8.32
54.35
57.12
52.12
56.35
76.93
64.51
35.14
74.48
90.08
- -
Basic EPS, GAAP
0.04
1.56
0.44
0.78
0.99
1.5
1.46
1.92
0.94
1.18
- -
Free Cash Flow per Basic Share
-5.1
-2.08
2.98
1.78
-0.25
-21.99
1.04
2.82
-2.3
1.09
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
3.51
4.77
3.93
4.83
6.68
15.21
16.67
18.59
20.5
21.08
21.08
Tangible Book Value per Share
3.51
4.77
3.93
4.83
6.68
15.21
16.67
18.59
20.5
21.08
21.08
Basic Weighted Avg Shares
8
8
8
8
8
7
8
8
8
9
9
Sales/Revenue/Turnover
69
451
474
433
468
515
535
292
617
776
- -
Operating Margin (%)
3.15
7.28
4.53
4.98
3.14
4.25
4.49
10.09
3.08
2.89
- -
Depreciation Expense
1
4
3
3
2
3
1
1
1
1
- -
Net Income, GAAP
- -
13
4
6
8
10
12
16
8
10
- -
Effective Tax Rate (%)
31.35
32.58
31.53
31.2
35.22
25.99
24.42
24.51
25.4
26.75
- -
Profit Margin (%)
0.48
2.86
0.78
1.5
1.76
1.95
2.26
5.46
1.26
1.31
- -
Working Capital
22
31
32
37
68
122
132
136
173
194
194
LT Debt
27
22
29
24
37
17
14
1
20
27
27
Total Equity
29
40
33
40
55
126
138
154
170
186
186
Return on Invested Capital (%)
- -
21.24
11.72
11.85
6.88
9.19
8.79
10
6.45
6.12
- -
Return on Capital (%)
- -
20.67
11.31
12.35
10.32
8.64
8.51
9.79
5.2
6.29
- -
Return on Common Equity (%)
- -
37.58
10.18
17.83
17.25
11.04
9.14
10.89
4.8
5.71
- -

Capital Structure

INR

•

in mil. unless spec.
Mar'21
Sep'23
Mar'23
ST Debt
49
73
88
LT Borrowings
1
1
27
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
8
9
9
Market Capitalization
118
391
357

Working Capital

INR

•

in mil. unless spec.
Mar'21
Sep'23
Mar'23
Total Current Assets
227
298
323
Cash, Cash Equivalents & STI
2
3
3
Accounts Receivable, Net
13
14
14
Inventories
208
213
243
Total Current Liabilities
91
134
129
Payables & Accruals
- -
- -
- -
ST Debt
49
73
88
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
33.61%
9.06%
Free Cash Flow
- -
1,336.33%
-149.12%
Net Income, GAAP
- -
10.69%
30.54%
Sales/Revenue/Turnover
- -
21.15%
25.77%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
292
2022
- -
- -
617
2023
- -
- -
776

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
1.92
2022
- -
- -
0.94
2023
- -
- -
1.18

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2021
- -
- -
- -
2022
- -
- -
- -
2023
- -
- -
- -

Company Description

CEO
J. Narendrasinh Chauhan
Sector
Consumer durables
Industry
Other consumer specialties
Address
D & I Excelus Bhavnagar GU India 364002
IPO Date
Dec 4, 2018
Business
Shubhlaxmi Jewel Art Ltd. engages in the retail and wholesale business of jewelry and ornaments made from gold, silver, diamonds, and platinum, studded with precious and semi-precious stones; products include necklaces, mangalsutras, patlas, chains, malas, kandoros, ponchos, payals, rings, armlets, pendants, bracelets, bangles, and other wedding jewelry. The company manufactures custom orders through third-party job work, purchases readymade pieces from independent jewelers, and offers BIS Hallmark-certified jewelry with features such as complete transparency, easy exchange, and guaranteed buyback; it procures gold bullion, silver bullion, diamonds, platinum items, and stones from bullion and jewelry market dealers primarily in Gujarat. Incorporated as a public limited company in 2018 following conversion from a partnership firm established in 2013, the company is headquartered in Bhavnagar, Gujarat, with its flagship showroom of 27,000 square feet located there; operations focus on diverse customer segments from high-end to value markets, with wholesale sales to other jewelry retailers in Gujarat. Recent developments include an increase in equity capital to Rs. 10.60 crore by March 2024, the resignation of Executive Director Ankurbhai Maheshbhai Prabtani effective August 12, 2025, and confirmation of promoter Narendra Chauhan's 56.29% holding as of June 2025; the company maintains active compliance with SEBI depository regulations as verified for the quarter ended June 30, 2025.