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PALM Jewels Overview

Palm Jewels Ltd engages inside the wholesale of gold jewellery in India. It sells gold-based chains, bracelets, and necklaces. The enterprise markets its merchandise immediately to other jewellery stores; and via B2B marketing and direct/outbound advertising. The business enterprise was previously known as Shilvi Jewels Pvt Ltd and changed its name to Palm Jewels Pvt Ltd in October 2016. Palm Jewels Ltd was founded in 2005 and is primarily based in Ahmedabad, India.

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PALM Jewels Key Financials

Market Cap ₹17 Cr.

Stock P/E 31.8

P/B 1.1

Current Price ₹17.2

Book Value ₹ 16.3

Face Value 10

52W High ₹32.9

Dividend Yield 0%

52W Low ₹ 14.3

PALM Jewels Share Price

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Volume
Price

PALM Jewels Quarterly Price

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PALM Jewels Peer Comparison

PALM Jewels Quarterly Results

#(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 34 57 40 33 50 70 38 36 42 58
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 34 57 40 33 50 70 38 36 42 58
Total Expenditure 34 57 40 32 49 70 37 36 41 58
Operating Profit 0 0 0 0 0 0 0 0 0 1
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 1
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 0.1 0.1 0.1 0.2 0.1 0.1 0.3 0.2 0.4

PALM Jewels Profit & Loss

#(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 1 2 6 22 42 47 78 114 100 161 190 174
Other Income 0 0 0 0 0 0 0 0 0 0 0 0
Total Income 1 2 6 22 42 47 78 114 100 161 190 174
Total Expenditure 1 2 5 21 42 47 78 113 99 160 189 172
Operating Profit 0 0 0 0 0 0 0 1 1 1 1 1
Interest 0 0 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 0 0 0 0 0 0 0 0 0 1 1
Provision for Tax -0 0 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 0 0 0 0 0 0 0 0 0 1 0
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 0 0 0 0 0 0 0 0 0 1 0
Adjusted Earnings Per Share 0 0 0 0 0.1 0.1 0.2 0.3 0.3 0.3 0.5 1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 18% 19% 32% 69%
Operating Profit CAGR 0% 0% 0% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -43% 16% -26% NA%
ROE Average 4% 3% 2% 2%
ROCE Average 5% 4% 4% 3%

PALM Jewels Balance Sheet

#(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 0 0 0 5 14 14 14 14 15 15 15
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 1 1 1 3 0 0 1 4
Other Non-Current Liabilities -0 -0 -0 -0 -0 -0 0 0 0 -0 -0
Total Current Liabilities 0 0 1 0 1 2 1 5 2 1 1
Total Liabilities 0 0 2 6 15 16 18 19 17 17 20
Fixed Assets 0 0 0 0 0 0 0 1 1 1 1
Other Non-Current Assets 0 0 0 0 0 0 0 0 0 0 0
Total Current Assets 0 0 2 6 15 16 17 18 16 16 19
Total Assets 0 0 2 6 15 16 18 19 17 17 20

PALM Jewels Cash Flow

#(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 0 0 0 0 0 0 0 0 0 0 0
Cash Flow from Operating Activities -0 -0 0 0 -9 0 -2 0 0 3 -2
Cash Flow from Investing Activities 0 0 0 0 0 -0 -0 0 0 0 -0
Cash Flow from Financing Activities 0 0 0 0 9 0 2 0 0 -3 3
Net Cash Inflow / Outflow -0 -0 0 0 -0 0 0 0 0 -0 1
Closing Cash & Cash Equivalent 0 0 0 0 0 0 0 0 0 0 1

PALM Jewels Ratios

# 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 0 0 0 0.09 0.06 0.2 0.26 0.3 0.34 0.54
CEPS(Rs) 0.06 0.06 0.19 0.16 0.1 0.07 0.27 0.33 0.38 0.49 0.69
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 0 0 0 13.72 13.78 13.98 14.24 14.54 14.8 15.42
Core EBITDA Margin(%) 0.42 0.57 0.56 0.78 0.4 0.3 0.6 0.47 0.46 0.43 0.53
EBIT Margin(%) -0.63 0.47 0.47 0.74 0.39 0.31 0.51 0.43 0.56 0.4 0.47
Pre Tax Margin(%) -0.63 0.46 0.46 0.58 0.28 0.18 0.33 0.32 0.4 0.28 0.37
PAT Margin (%) -0.36 0.34 0.28 0.41 0.21 0.13 0.25 0.23 0.3 0.21 0.29
Cash Profit Margin (%) 0.69 0.43 0.37 0.45 0.23 0.15 0.34 0.29 0.39 0.31 0.37
ROA(%) -0.99 1.46 1.54 2.35 0.85 0.4 1.17 1.44 1.69 2.03 2.98
ROE(%) -1.09 1.65 4.64 3.42 0.95 0.46 1.43 1.86 2.09 2.3 3.58
ROCE(%) -1.93 2.3 7.75 5.49 1.64 1.01 2.54 2.8 3.22 3.96 5.16
Receivable days 82.8 30.27 6.5 28.01 16.41 3.23 0.96 0.64 1.54 1.25 0.97
Inventory Days 35.73 48.81 53.04 30.4 68.35 109.58 72.75 53.24 57.66 32.5 29.79
Payable days 0.91 5.6 41.37 11.35 2.89 9.07 5.82 1.55 1.13 1.17 1.14
PER(x) 0 0 0 0 109.58 0 310.7 48.87 39.88 53.17 53.37
Price/Book(x) 0 0 0 0 0.7 0 4.41 0.9 0.83 1.21 1.87
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.31 0.19 0.03 0.23 0.24 0.23 0.83 0.15 0.13 0.12 0.17
EV/Core EBITDA(x) 73.07 33.85 5.66 29.75 59.14 70.56 137.69 29.23 20.93 23.62 30.34
Net Sales Growth(%) 135.19 60.84 250.76 290.22 94.45 13.21 64.94 45.45 -12.44 61.04 18.19
EBIT Growth(%) -487.5 219.35 247.39 522.23 1.48 -10.08 174.89 23.12 13.05 13.58 41.9
PAT Growth(%) -284.21 251.43 190.23 469.23 0.8 -28.59 215.89 32.63 14.44 12.26 60.08
EPS Growth(%) 0 0 0 0 0 -28.6 215.89 32.63 14.44 12.25 60.09
Debt/Equity(x) 0 0 0 0.15 0.04 0.06 0.21 0.28 0.12 0.06 0.24
Current Ratio(x) 8.69 8.56 1.25 17.57 25.99 8.4 24.75 3.93 7.65 14.23 22.96
Quick Ratio(x) 5.05 2.06 0.22 10.61 2.09 0.41 1.27 0.3 0.83 1.26 2.6
Interest Cover(x) 0 74 92.21 4.72 3.48 2.38 2.86 3.77 3.41 3.59 4.77
Total Debt/Mcap(x) 0 0 0 0 0.05 0 0.05 0.31 0.15 0.05 0.13

PALM Jewels Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 47.25 47.25 47.25 43.36 43.36 43.36 43.36 43.36 43.36 43.36
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 52.75 52.75 52.75 56.64 56.64 56.64 56.64 56.64 56.64 56.64
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

PALM Jewels News

PALM Jewels Pros & Cons

Pros

  • Debtor days have improved from 1.17 to 1.14days.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 43.36%.
  • Company has a low return on equity of 3% over the last 3 years.
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