BSE: 531506
SHUKRA BULLIONS LTD.
Trades in diamonds, which is its sole operating segment in the most recent disclosures. Earlier segment data also showed a real estate line, but that contributed Rs 0 of revenue in the latest segment reporting and is no longer active. FY26 total revenue was Rs 1.6241 crore with net profit of Rs 0.0521 crore and an EBITDA margin of 4.5%. Materials are reported at 0% of revenue, with employee cost at 4.3% and other operating expenses at 5.3% forming the cost base; depreciation is 0.1% and capex 0%. The company is BSE-listed and carries total assets of Rs 12.3171 crore. Headcount is not disclosed in the pack, and customer or end-market details are not stated. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Diamond (100%), Real Estate (0%). Very small, single-segment diamond trader; previously diversified with a real estate line now inactive.
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 17 | 1 | 1 | 2 | 2 |
| EBITDA (ex other income) | 0 | (0) | 0 | 0 | 0 |
| margin % | 0.1 | (6.5) | 3.5 | 3.9 | 4.5 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | (1.09) | 0.02 | 0.91 | 0.08 | 0.10 |
| ROE % · ROCE % | 0.2 · 0.1 | 0.8 · 0.4 | 1.0 · 1.3 | 1.6 · 2.1 | 2.9 · 3.4 |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | 8 | (2) | 3 | 0 | (0) |
| Capex | 0 | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 0 | 0 | 0 | 1 | 0 |
| Profit before tax | 0 | (0) | (0) | (0) | 0 | 0 | 0 | (0) |
| Net profit | 0 | (0) | (0) | (0) | 0 | 0 | 0 | (0) |
| EPS (₹) | 0.03 | (0.17) | (0.06) | (0.07) | 0.01 | 0.00 | 0.03 | (0.05) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| INTL GEMOLOGICAL INST LTD | 17,213 | 28.2 | 11.57 | 16.5 | 47.8 | 58.1 | — | 64.6 |
| WEWORK INDIA MANAGEMENT L | 8,821 | 101.2 | 29.48 | 5.6 | 25.0 | 1.0 | — | 66.5 |
| NESCO LTD. | 7,059 | 16.9 | 2.36 | 11.9 | 13.8 | 14.8 | 26.2 | 68.9 |
| NIRLON LTD | 5,677 | 16.4 | 12.12 | — | 73.8 | 18.1 | — | 79.4 |
| SMARTWORKS COWORKING SP L | 5,439 | 195.1 | 10.25 | 4.6 | 2.0 | 0.3 | — | 65.8 |
| QUESS CORP LIMITED | 4,838 | 19.1 | 4.14 | 14.5 | 19.0 | 14.4 | 7.1 | 2.6 |
| INOX GREEN ENERGY SER LTD | 4,250 | 34.0 | 2.48 | 25.3 | 6.0 | 9.0 | — | 131.6 |
| INDIQUBE SPACES LIMITED | 3,731 | — | 7.25 | — | (20.7) | (2.5) | — | 67.3 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 11.9 | 1.3 | 89 of 95 | 6% |
| ROCE | 3.4 | 3.4 | 51 of 103 | 51% |
| ROE | 2.9 | 2.9 | 57 of 113 | 50% |
| Debt / Equity | 0.0 | 0.1 | 1 of 91 | 77% |
| EBITDA margin | (9.3) | 25.4 | 79 of 92 | 14% |
| Profit growth | 37.4 | 5.2 | 47 of 110 | 58% |
| Market cap | 21 | 47 | 67 of 108 | 38% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 27 Oct 2026 · Board to approve September 2026 quarter and half-year results | results | low | — | — |
| 22 Oct 2026 · Non-applicability of Regulation 32 deviation and variation filing | compliance | minimal | — | — |
| 17 Oct 2026 · Routine compliance certificate under SEBI Regulation 74(5) for Q2 FY27 | compliance | minimal | — | — |
| 3 Oct 2026 · No non-convertible securities issued in Q2 FY2027 | compliance | minimal | — | — |
| 2 Oct 2026 · Shukra Bullions 32nd AGM: all 5 resolutions passed with over 99.99 percent support | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Shukra Bullions 32nd AGM held; 5 resolutions transacted via e-voting | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Trading window closure for half-year results | compliance | minimal | — | — |
| 9 Sept 2026 · Newspaper publication of 32nd AGM notice submitted to BSE | compliance | minimal | — | — |
| 7 Sept 2026 · AGM and book closure dates set for September 2026 | board shareholder meetings | low | — | — |
| 7 Sept 2026 · Shukra Bullions fixes Sep 30, 2026 as AGM date; book closure Sep 23 to 30 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | 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 |
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.