WEBSITE BSE:526195 NSE: NEOGEM INDIA Inc. Year: 1991 Industry: Diamond & Jewellery My Bucket: Add Stock
Last updated: 00:00
No Notes Added Yet
1. Business Overview
Neogem India Ltd. operates within the Diamond & Jewellery sector in India. Based on its industry classification, the company is likely involved in one or more stages of the diamond and jewellery value chain, which typically includes sourcing rough diamonds, cutting and polishing them, designing and manufacturing finished jewellery, and then selling these products. The core business model would involve acquiring raw materials (diamonds, precious metals), adding value through processing and design, and generating revenue through sales to either B2B clients (wholesalers, other jewellers) or B2C consumers (through retail channels). How it makes money depends on the specific segment(s) it focuses on, primarily through profit margins on the sale of polished diamonds and/or finished jewellery.
2. Key Segments / Revenue Mix
Specific information on Neogem India Ltd.'s key segments and revenue mix is not publicly available from the provided data. However, typical segments in the Diamond & Jewellery industry include:
Polished Diamond Trading/Manufacturing
Jewellery Manufacturing and Wholesaling
Jewellery Retailing (B2C)
Trading of Precious Stones and Metals
Without specific disclosures from the company, the exact contribution of each potential segment cannot be determined.
3. Industry & Positioning
The Diamond & Jewellery industry in India is large, complex, and holds global significance, particularly in diamond cutting and polishing, where India processes a significant portion of the world's rough diamonds. The domestic jewellery market is characterized by a mix of highly organized large players and a vast number of unorganized, smaller entities. It is driven by cultural factors (weddings, festivals), rising disposable incomes, and increasing urbanization. Neogem India Ltd. operates within this competitive landscape. Without information on its scale, market share, or specific niche, its precise positioning relative to peers (e.g., as a specialized diamond exporter, a domestic retail chain, or a B2B manufacturer) cannot be determined. It likely competes with a multitude of other companies ranging from large publicly listed corporations to smaller family-owned businesses.
4. Competitive Advantage (Moat)
Based solely on the company name and industry, no specific durable competitive advantage or "moat" is discernible for Neogem India Ltd. In the Diamond & Jewellery sector, common moats can include strong brand recognition (for retail-focused businesses), economies of scale in sourcing or manufacturing, proprietary design expertise, an extensive and efficient distribution network, or specialized skills in handling rare or unique stones. Without further information about Neogem India Ltd.'s operations, market share, or brand equity, it is not possible to identify any clear, sustainable competitive advantage. It may operate on a more competitive, margin-driven basis.
5. Growth Drivers
Potential growth drivers for Neogem India Ltd., aligning with the broader Indian Diamond & Jewellery sector, include:
Rising Disposable Incomes: Increasing affluence among Indian consumers fuels demand for luxury goods, including jewellery.
Cultural Significance: Continued strong demand for gold and diamond jewellery for weddings, festivals, and gifting, which are deeply embedded in Indian culture.
Urbanization & Organized Retail: Growth of urban centers and a shift towards organized retail channels can create new markets and enhance sales efficiency.
Export Opportunities: India's strong position in diamond cutting and polishing offers potential for growth in international markets.
Evolving Consumer Preferences: Adaptation to changing tastes, such as demand for lighter, more contemporary designs or branded jewellery.
6. Risks
Key risks for Neogem India Ltd. within its industry include:
Raw Material Price Volatility: Fluctuations in the prices of rough diamonds, gold, and other precious metals can significantly impact profitability.
Currency Fluctuations: As an entity involved in global trade (rough diamond imports, polished diamond/jewellery exports), currency exchange rate volatility poses a risk.
Economic Downturns: Jewellery is a discretionary purchase, making demand sensitive to economic slowdowns, job losses, or reduced consumer confidence.
Regulatory Changes: Changes in import duties, GST rates, anti-money laundering regulations, or environmental norms can affect operations and costs.
Intense Competition: The industry is highly fragmented with numerous players, leading to pricing pressure and potential margin erosion.
Ethical Sourcing Concerns: Increasing consumer awareness about ethical sourcing of diamonds and gold could pose reputational and operational risks if not managed effectively.
Changing Consumer Preferences: The rise of lab-grown diamonds or shifts away from traditional jewellery could impact demand for natural diamonds.
7. Management & Ownership
Specific details regarding Neogem India Ltd.'s promoters, management quality, and ownership structure are not available in the provided information. In India, many companies, particularly in traditional sectors, are promoter-driven, meaning a founding family or individual holds a significant stake and plays a key role in management. Without specific data, it is not possible to comment on the management's experience, track record, or the current ownership structure beyond the general assumption of a public listed entity.
8. Outlook
Neogem India Ltd. operates in a sector with inherent growth drivers rooted in India's cultural traditions and rising economic prosperity. The demand for diamonds and jewellery is likely to remain robust in the long term, supported by increasing disposable incomes and urbanization. However, the company faces significant challenges typical of the industry, including intense competition from both organized and unorganized players, high capital intensity, volatility in raw material prices, and sensitivity to economic cycles. Its future performance will depend on its ability to effectively manage its supply chain, adapt to evolving consumer preferences, navigate regulatory complexities, and differentiate itself in a crowded market. Without specific operational details, financial performance, or strategic initiatives, the outlook presents a mixed picture of opportunity tempered by substantial industry-specific risks.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Market Cap ₹3 Cr.
Stock P/E -10.1
P/B 0.6
Current Price ₹3.9
Book Value ₹ 6.4
Face Value 10
52W High ₹4
Dividend Yield 0%
52W Low ₹ 3.1
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 |
| Profit After Adjustments | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Adjusted Earnings Per Share | -0.1 | -0.2 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0.1 | -0 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 57 | 24 | 15 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 57 | 24 | 15 | 6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Expenditure | 55 | 28 | 15 | 8 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 |
| Operating Profit | 1 | -3 | -0 | -2 | -0 | -0 | -0 | -0 | -0 | -1 | -0 | 0 |
| Interest | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 |
| Profit Before Tax | 0 | -5 | -0 | -2 | -0 | -0 | -1 | -0 | -0 | -1 | -0 | 0 |
| Provision for Tax | 0 | -0 | 0 | -0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | -5 | -0 | -2 | -0 | -0 | -1 | -0 | -0 | -1 | -0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | -5 | -0 | -2 | -0 | -0 | -1 | -0 | -0 | -1 | -0 | 0 |
| Adjusted Earnings Per Share | 0 | -5.9 | -0.5 | -2.1 | -0.2 | -0.2 | -0.7 | -0.1 | -0.1 | -1 | -0.4 | -0.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 0% | 0% | -100% |
| Operating Profit CAGR | 0% | 0% | 0% | -100% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 12% | 19% | 16% | -6% |
| ROE Average | -6% | -7% | -6% | -9% |
| ROCE Average | -1% | -2% | -1% | -2% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 15 | 10 | 9 | 8 | 7 | 7 | 7 | 7 | 7 | 6 | 5 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 55 | 40 | 37 | 34 | 35 | 35 | 35 | 35 | 35 | 36 | 37 |
| Total Liabilities | 70 | 50 | 47 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 69 | 50 | 46 | 41 | 41 | 41 | 41 | 41 | 41 | 41 | 41 |
| Total Assets | 70 | 50 | 47 | 42 | 42 | 42 | 42 | 42 | 42 | 42 | 42 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 1 | -1 | 0 | -0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 |
| Cash Flow from Investing Activities | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Financing Activities | -0 | 1 | -0 | 0 | -0 | -0 | -0 | -0 | -0 | 0 | 0 |
| Net Cash Inflow / Outflow | 0 | -0 | -0 | -0 | 0 | -0 | -0 | -0 | 0 | 0 | 0 |
| Closing Cash & Cash Equivalent | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.01 | -5.93 | -0.55 | -2.1 | -0.21 | -0.17 | -0.74 | -0.08 | -0.09 | -0.98 | -0.39 |
| CEPS(Rs) | 0.21 | -5.84 | -0.45 | -2.01 | -0.21 | -0.17 | -0.74 | -0.08 | -0.09 | -0.98 | -0.39 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 17.4 | 11.9 | 11.35 | 9.25 | 9.04 | 8.86 | 8.13 | 8.05 | 7.96 | 6.97 | 6.59 |
| Core EBITDA Margin(%) | 2.46 | -14.79 | -0.58 | -40.9 | -94.11 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT Margin(%) | 2.17 | -14.78 | -1.09 | -29.62 | -87.86 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre Tax Margin(%) | 0.05 | -20.29 | -1.74 | -30.08 | -88.64 | 0 | 0 | 0 | 0 | 0 | 0 |
| PAT Margin (%) | 0.01 | -20.21 | -2.96 | -29.75 | -87.45 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Profit Margin (%) | 0.3 | -19.89 | -2.45 | -28.46 | -87.45 | 0 | 0 | 0 | 0 | 0 | 0 |
| ROA(%) | 0.01 | -8.11 | -0.93 | -3.86 | -0.41 | -0.34 | -1.44 | -0.16 | -0.18 | -1.92 | -0.75 |
| ROE(%) | 0.04 | -40.49 | -4.72 | -20.39 | -2.3 | -1.93 | -8.68 | -1 | -1.12 | -13.14 | -5.69 |
| ROCE(%) | 4.04 | -12.05 | -0.6 | -6.49 | -0.68 | -0.56 | -1.87 | -0.27 | -0.3 | -3.36 | -1.34 |
| Receivable days | 357.48 | 772.93 | 1092.48 | 2712.45 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 64.9 | 92.7 | 27.99 | 26.24 | 281.91 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 249.57 | 485.35 | 631.2 | 1613.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 712.56 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0.31 | 0.31 | 0.44 | 0 | 0.4 | 0 | 0.29 | 0.56 | 0.31 | 0.61 | 0.56 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.35 | 0.87 | 1.42 | 4.5 | 105.6 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Core EBITDA(x) | 14.28 | -6.04 | -243.52 | -15.87 | -120.2 | -184.18 | -42.3 | -324.37 | -264.98 | -26.57 | -65.86 |
| Net Sales Growth(%) | -32.33 | -57.68 | -36.83 | -61.93 | -96.6 | -100 | 0 | 0 | 0 | 0 | 0 |
| EBIT Growth(%) | -10.51 | -387.86 | 95.33 | -930.95 | 89.91 | 18.28 | -230.62 | 85.8 | -10.74 | -995.22 | 60.63 |
| PAT Growth(%) | -95.92 | 0 | 90.75 | -282.85 | 90.01 | 17.72 | -327.2 | 89 | -10.71 | -992.23 | 60.63 |
| EPS Growth(%) | -96.06 | 0 | 90.76 | -282.89 | 90 | 17.72 | -327.1 | 89 | -10.73 | -992.43 | 60.63 |
| Debt/Equity(x) | 1.14 | 1.88 | 1.93 | 2.37 | 2.43 | 2.47 | 2.7 | 2.73 | 2.7 | 3.15 | 3.33 |
| Current Ratio(x) | 1.26 | 1.23 | 1.23 | 1.21 | 1.2 | 1.2 | 1.18 | 1.18 | 1.17 | 1.15 | 1.13 |
| Quick Ratio(x) | 1.07 | 1.19 | 1.22 | 1.2 | 1.2 | 1.19 | 1.17 | 1.17 | 1.17 | 1.14 | 1.13 |
| Interest Cover(x) | 1.03 | -2.68 | -1.68 | -64.15 | -113.01 | -454.03 | -3.39 | -330.5 | -366 | 0 | 0 |
| Total Debt/Mcap(x) | 3.69 | 6.03 | 4.41 | 0 | 6.08 | 0 | 9.3 | 4.88 | 8.81 | 5.17 | 5.93 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 41.99 | 41.99 | 41.99 | 41.99 | 41.99 | 41.99 | 41.99 | 41.99 | 41.99 | 41.99 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 58.01 | 58.01 | 58.01 | 58.01 | 58.01 | 58.01 | 58.01 | 58.01 | 58.01 | 58.01 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 | 0.34 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 | 0.47 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 | 0.82 |
* The pros and cons are machine generated.
You May Also Know About
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.