Designs, makes and sells gold and other jewellery from Chennai, supplying most of its output to other jewellery retailers through a wholesale channel that made up 87% of FY26 Total Income at ₹99.41 crore. The rest comes from two Chennai retail showrooms and the Zullry.com online platform. FY26 Total Income was ₹114.16 crore, with the wholesale side scaling after seven new wholesale clients were added in the year. It launched two new product lines — a traditional yellow gold range and the lightweight Thanga Kovil temple jewellery line, in which short necklaces weigh around 6 grams versus the conventional 120–140 grams — and filed a trademark application for the brand 'SWARRNORA'. PAT reached ₹9.02 crore, up 89.4% YoY, with operating cash flow of ₹1,620 lakhs. For FY27, plans include commissioning an in-house bangle manufacturing unit and launching a chains product line. The cost-shape data lists employee cost at 1.1% of revenue and other operating expenses at 2.3%, with materials shown at 0.0% in the facts provided. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. B2B wholesale jewellery (87%), B2C retail jewellery, New product lines. Chennai-based jewellery manufacturer and wholesaler with a high-volume, low-margin B2B wholesale model and a small retail and online presence
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 60 | 114 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 7.96 | 10.40 |
| ROE % · ROCE % | — · 30.1 | — · 28.1 |
| Debt / equity (x) | — | — |
| Cash from operations | (4) | (11) |
| Capex | (0) | (0) |
| ₹ crore | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|
| Revenue | 35 | 69 | 45 |
| Profit before tax | 3 | 8 | 5 |
| Net profit | — | — | — |
| EPS (₹) | 4.18 | 6.75 | 3.75 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| Khazanchi Jewellers Limited | 1,868 | 13.2 | 5.85 | — | 28.0 | 37.7 | — | 6.8 |
| PNGS GARGI FASHION JEWELLERY L | 635 | 13.4 | 4.47 | — | 22.1 | 27.0 | — | 30.4 |
| UDAY JEWELLERY INDS. LTD. | 584 | 22.1 | 2.82 | — | 17.2 | 23.1 | — | 8.3 |
| KD GREEN INDUSTRIES LTD | 285 | 18.1 | 3.97 | 31.8 | 7.0 | 8.6 | — | 16.5 |
| GOLKUNDA DIAMONDS & JEWELLERY | 230 | 16.8 | 2.87 | — | 17.1 | 20.7 | — | 9.0 |
| AJC Jewel Manufacturers Limite | 164 | 39.2 | — | — | — | 28.7 | — | — |
| Ashapuri Gold Ornament Limited | 152 | 7.3 | 0.91 | — | 11.1 | 15.0 | — | 11.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 26 Aug 2026 · Manoj Jewellers Rights Issue: Up to 89.85 Lakh Shares at Rs 20 Each | compliance | minimal | — | — |
| 25 Aug 2026 · Manoj Jewellers fixes 12 September 2026 AGM and e-voting schedule | compliance | minimal | — | — |
| 21 Aug 2026 · Manoj Jewellers 19th AGM on Sept 12; director re-appointments and higher pay cap on agenda | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Manoj Jewellers 19th AGM on Sep 12, 2026; director re-appointments and pay cap hike | board shareholder meetings | low | — | — |
| 21 Aug 2026 · AGM Notice on Sep 12, 2026; Reappointments and Pay Hike for Directors | board shareholder meetings | low | — | — |
| 20 Aug 2026 · Board approves Letter of Offer for proposed rights issue | corporate actions | high | — | — |
| 17 Aug 2026 · Record date fixed for Rights Issue on 21 August 2026 | corporate actions | medium | — | — |
| 17 Aug 2026 · Manoj Jewellers rights issue at Rs 20 per share, 1 is to 1 ratio, record date Aug 21 | corporate actions | high | — | — |
| 13 Aug 2026 · Clarification on share price movement - no material info | regulatory legal | medium | — | — |
| 13 Aug 2026 · BSE asks Manoj Jewellers to explain sharp price movement | regulatory legal | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| Patdiam Jewellery Limited | 140 | 7.5 | — | — | — | — | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 2.0 | 13.3 | 6 of 54 | 91% |
| ROCE | 25.4 | 3.9 | 9 of 52 | 84% |
| Market cap | 27 | 27 | 27 of 54 | 51% |
| A state: the latest filed quarter and the measured reactions |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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.