Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · GROVER JEWELLS LIMITED · 28 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
GROVER JEWELLS LIMITED
NSE: GJL

GROVER JEWELLS LIMITED

StateQ4 FY26 filed
Last close · 27 Oct 2026₹321.65
Market cap₹0.5k cr
TTM P/E · P/B · EV/EBITDA— · — · —

Operates in the jewelry sector, as reflected in its corporate name, with FY26 revenue of 824.21 crore. The cost structure is dominated by materials at 100.8% of revenue, while employee costs are 0.6% and other operating expenses 0.7% of revenue. Capital expenditure stood at 1.2% of revenue. Total assets were 103.25 crore at the end of FY26, which is small relative to annual revenue, pointing to an asset-light operating model. No segment-level revenue breakdown, store count, or other operating specifics are provided in the available facts. AR · MarketPing reader · 2026-08-02

What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.

Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)

₹ crore · standaloneFY26
Revenue824
EBITDA (ex other income)—
margin %—
Owners' profit—
EPS, as reported (₹)18.92
ROE % · ROCE %— · 33.7
Debt / equity (x)—
Cash from operations(31)
Capex(10)
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · GROVER JEWELLS LIMITED · 28 October 2026Page 2 of 3

Exhibit 2: Quarterly performance, last 1 quarters

₹ croreQ4 FY26
Revenue536
Profit before tax21
Net profit—
EPS (₹)15.23
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · GROVER JEWELLS LIMITED · 28 October 2026Page 3 of 3

Exhibit 3: Filings of the last 90 days, with the measured price reaction

Date · filingCategoryImportanceNext day %5-day %
16 Oct 2026 · Grover Jewells gets MMTC-PAMP authorised dealership for gold and silverbusiness updateshigh——
5 Oct 2026 · Grover Jewells: Corporate Governance Report not applicable for Q2 FY27complianceminimal——
5 Oct 2026 · RTA submits quarterly dematerialisation compliance certificatecomplianceminimal——
28 Sept 2026 · Trading window closed for insider trading compliancecomplianceminimal——
Source: exchange announcements; each reaction is measured from the close before the filing. Next day = the close one session after the reaction day (the first session that could trade the filing).

How to read this document

Where a broker report showsThis document showsWhy
A rating (BUY / ADD / REDUCE / SELL)A state: the latest filed quarter and the measured reactionsan event is a fact; a rating is an opinion that requires SEBI RA registration
A target price and upsideThe current price and the multiples against the groupa target is a forecast; a multiple is a measurement
Estimate years marked EMore audited years; no estimatesMarketPing publishes no forecasts — your own model lives on the Models page

Sources, method and disclosures

This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.

Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in