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Swarnsarita Jewels Overview

Swarnsarita Jewels India Limited is a distinguished player in the Indian jewelry industry, known for its exquisite range of gold and diamond ornaments. Established with a commitment to quality and craftsmanship, the company has successfully carved a niche for itself in the competitive jewelry market. Swarnsarita offers a diverse product lineup, including traditional and contemporary designs that cater to various customer preferences. The company emphasizes innovation and customer satisfaction, constantly evolving its designs to meet market tre...Read More

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Swarnsarita Jewels Key Financials

Market Cap ₹68 Cr.

Stock P/E 12.8

P/B 0.5

Current Price ₹32.4

Book Value ₹ 69.4

Face Value 10

52W High ₹40.5

Dividend Yield 0%

52W Low ₹ 28.6

Swarnsarita Jewels Share Price

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Volume
Price

Swarnsarita Jewels Quarterly Price

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Swarnsarita Jewels Peer Comparison

Swarnsarita 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 200 204 171 155 230 219 158 152 262 218
Other Income 1 0 0 0 0 0 0 0 0 -0
Total Income 201 204 172 155 230 219 158 152 262 218
Total Expenditure 200 201 170 145 227 213 160 142 252 214
Operating Profit 1 3 2 10 3 5 -2 10 10 3
Interest 2 3 2 2 2 2 1 1 1 1
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 -1 0 0 8 1 3 -4 8 9 2
Provision for Tax -0 0 0 2 0 1 0 2 2 0
Profit After Tax -1 0 0 6 1 2 -4 6 7 2
Adjustments -0 0 0 -0 0 0 0 0 -0 -0
Profit After Adjustments -1 0 0 6 1 2 -4 6 7 2
Adjusted Earnings Per Share -0.5 0.1 0 3 0.4 1.1 -1.9 2.9 3.3 0.8

Swarnsarita 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 240 322 287 486 549 559 576 842 840 770 761 790
Other Income 4 5 4 4 6 7 4 8 3 2 1 0
Total Income 244 326 290 491 555 566 580 849 843 771 762 790
Total Expenditure 236 317 281 480 542 553 565 832 827 756 746 768
Operating Profit 8 9 9 11 12 13 15 18 17 16 16 21
Interest 3 5 4 4 5 5 6 7 8 9 7 4
Depreciation 0 0 0 0 0 1 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 5 4 4 6 7 7 8 10 8 7 9 15
Provision for Tax 2 1 1 2 2 2 2 3 2 2 4 4
Profit After Tax 3 3 3 4 5 5 5 7 6 5 5 11
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 3 3 4 5 5 5 7 6 5 5 11
Adjusted Earnings Per Share 1.5 1.3 1.4 2.1 2.3 2.2 2.6 3.6 3 2.3 2.5 5.1

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -1% -3% 6% 12%
Operating Profit CAGR 0% -4% 4% 7%
PAT CAGR 0% -11% 0% 5%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -0% 14% 19% 4%
ROE Average 4% 5% 5% 5%
ROCE Average 7% 7% 7% 7%

Swarnsarita 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 79 82 84 89 94 98 104 112 118 123 128
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 19 19 9 3
Other Non-Current Liabilities -0 0 0 0 0 2 1 1 1 1 0
Total Current Liabilities 57 87 87 116 140 108 121 112 112 111 93
Total Liabilities 135 169 171 205 234 208 226 244 249 243 225
Fixed Assets 0 2 2 2 2 3 5 5 5 6 1
Other Non-Current Assets -0 8 3 7 12 12 9 10 33 13 14
Total Current Assets 135 159 167 196 221 194 211 229 212 223 210
Total Assets 135 169 171 205 234 208 226 244 249 243 225

Swarnsarita 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 4 14 32 20 45 41 19 32 44 41 23
Cash Flow from Operating Activities -29 1 -17 -2 -26 13 6 8 9 5 12
Cash Flow from Investing Activities 2 -4 5 5 2 1 -1 2 1 -1 5
Cash Flow from Financing Activities 37 21 0 22 20 -35 7 2 -13 -22 -28
Net Cash Inflow / Outflow 10 18 -12 25 -4 -21 13 12 -3 -18 -11
Closing Cash & Cash Equivalent 14 32 20 45 41 19 32 44 41 23 12

Swarnsarita 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) 1.54 1.3 1.39 2.08 2.3 2.17 2.63 3.6 3.02 2.3 2.54
CEPS(Rs) 1.6 1.37 1.49 2.18 2.4 2.59 2.83 3.73 3.16 2.45 2.73
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 37.81 39.15 40.55 42.63 44.93 47.1 49.88 53.53 56.52 58.86 61.46
Core EBITDA Margin(%) 1.86 1.41 1.85 1.34 1.16 1.14 1.84 1.19 1.59 1.82 2.01
EBIT Margin(%) 3.38 2.9 3.02 2.19 2.23 2.2 2.49 2.05 1.93 1.98 2.09
Pre Tax Margin(%) 1.96 1.21 1.47 1.33 1.31 1.23 1.38 1.22 1 0.86 1.19
PAT Margin (%) 1.34 0.84 1.01 0.89 0.87 0.81 0.95 0.89 0.75 0.62 0.7
Cash Profit Margin (%) 1.39 0.89 1.09 0.93 0.91 0.97 1.02 0.92 0.78 0.66 0.75
ROA(%) 2.5 1.78 1.7 2.3 2.18 2.05 2.52 3.19 2.55 1.95 2.26
ROE(%) 4.15 3.37 3.48 5 5.25 4.72 5.42 6.96 5.49 3.99 4.23
ROCE(%) 7.45 6.58 5.41 5.93 5.85 5.82 6.82 7.55 6.82 6.5 7.16
Receivable days 62.47 48.22 58.35 36.33 38.73 43.24 50.04 37.99 35.16 38.73 41.92
Inventory Days 74.92 69.26 98.09 65.64 66.67 70.26 60.11 39.65 44.89 52.19 52.35
Payable days 27.37 8.76 8.64 2.32 2.24 2.08 1.22 0.88 2.29 3.58 2.95
PER(x) 18.72 15.05 15.92 7.93 5.3 3.19 5 6.27 5.66 13.97 9.46
Price/Book(x) 0.76 0.5 0.55 0.39 0.27 0.15 0.26 0.42 0.3 0.55 0.39
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.39 0.26 0.37 0.2 0.21 0.17 0.19 0.15 0.16 0.2 0.17
EV/Core EBITDA(x) 11.45 8.79 11.85 8.76 9.3 7.3 7.62 7.36 8.37 9.94 7.82
Net Sales Growth(%) 40.99 33.92 -10.86 69.69 12.85 1.88 2.96 46.2 -0.21 -8.36 -1.08
EBIT Growth(%) 106.45 14.99 -7.13 22.7 15.19 0.68 16.17 20.74 -6.13 -6.06 4.52
PAT Growth(%) 54.16 -15.78 7.1 49.91 10.55 -5.56 20.96 36.93 -16.08 -23.82 10.63
EPS Growth(%) 54.15 -15.78 7.11 49.91 10.54 -5.56 20.96 36.93 -16.08 -23.82 10.63
Debt/Equity(x) 0.61 0.92 0.94 1.19 1.4 1.03 1.12 1.13 1.03 0.88 0.67
Current Ratio(x) 2.39 1.83 1.92 1.69 1.58 1.79 1.74 2.04 1.88 2.01 2.25
Quick Ratio(x) 1.42 1.05 0.92 0.93 0.77 0.84 1.02 1.19 0.9 1.03 1.09
Interest Cover(x) 2.38 1.71 1.95 2.55 2.43 2.27 2.24 2.48 2.08 1.77 2.32
Total Debt/Mcap(x) 0.81 1.84 1.72 3.06 5.14 6.98 4.26 2.68 3.39 1.61 1.72

Swarnsarita Jewels Shareholding Pattern

# Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Promoter 52.03 52.03 52.03 52.03 52.03 52.03 52.03 52.03 52.03 52.03
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 47.97 47.97 47.97 47.97 47.97 47.97 47.97 47.97 47.97 47.97
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Swarnsarita Jewels News

Swarnsarita Jewels Pros & Cons

Pros

  • Stock is trading at 0.5 times its book value
  • Debtor days have improved from 3.58 to 2.95days.
  • Company has reduced debt.

Cons

  • Company has a low return on equity of 5% over the last 3 years.
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