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Manoj Vaibhav Gems 'N' Jewellers Limited

Manoj Vaibhav Gems 'N' Jewellers Limited

NSE: MVGJL
Luxury GoodsConsumer CyclicalSMALL CAPMCap ₹1.10k Cr
₹225.27₹15.85 (+7.57%)

Market Closed • NSE

Market cap₹1.10k Cr
Enterprise value₹1.41k Cr
P/E TTM9.03
P/B1.32
EPS TTM₹24.96
D/E0.59
Dividend yield0.00%
52W high₹233.99
52W low₹129.10
Price chart(1Y)
1Y Return:+54.08% (+₹79.07)
H: ₹233.99L: ₹141.35
1W+8.07%
1M+4.60%
3M+42.38%
6M+27.86%
1Y+22.58%
Today at a glance

Day range

₹208.22₹230.36

52 week range

₹129.10₹233.99
Volume1.38M3.37x 20D avg
Free float50.00%+237.30% volume

Manoj Vaibhav Gems 'N' Jewellers Limited closed at INR225.27 (+7.57%) on volume 3.37x its 20-day average, trading 3.73% below its 52-week high.

Technical analysis
RSI (14)64.3Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹13.11High
SMA 20₹212.66BULLISH
SMA 50₹188.62BULLISH
SMA 100₹171.86BULLISH
SMA 200₹168.76BULLISH
CPR bottom₹212.76
Pivot₹211.65
CPR top₹210.53
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved -18.4% QoQ

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹491.0 Cr₹1.10k Cr44.62%≤ 33%FAIL
Non-halal income ratio–₹2.74k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.76k Cr₹1.86k Cr94.18%≥ 20%PASS
Receivables ratio–₹1.86k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E9.0326.80
Forward P/E——
P/B1.322.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield11.103.70
Growth & profitability
RevenuePAT
FY23PAT margin 3.50%
FY24PAT margin 3.80%
FY25PAT margin 4.20%
FY26PAT margin 4.20%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+10.60%
Revenue CAGR 5Y—
PAT CAGR 3Y+17.10%
PAT CAGR 5Y—
Operating margin5.91%
Net margin4.19%
Financial health & cash flow
Net debt₹382.4 CrModerate
Interest coverage4.90xEBIT / interest
CFO / PAT0.06x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹26.3 Cr
Capital expenditure–
Free cash flow₹21.8 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation75/100
Profitability50/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Attractive Valuation: P/E of 9.0x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Luxury Goods.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)39.10%-8.05% latest vs average
Highest delivery52.47%on 24 Sept
Average volume (20D)410.1KTrading-session average
Conviction trendWeakening-8.05% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About Manoj Vaibhav Gems 'N' Jewellers Limited
Manoj Vaibhav Gems 'N' Jewellers Limited

Manoj Vaibhav Gems 'N' Jewellers Limited engages in the jewelry retail business under the Vaibhav Jewellers brand in India. The company offers gold bangles, harams, vaddanam, locket, vanky, chains, rings, maang tikka, necklace, earrings, pendants, mangalsutra, chokers, and bracelets, and accessories, as well as gold coins; and diamond bangles, bracelets, earrings, mangalsutra, necklace, nosepins, pendants, pendant sets, rings, and vaddanam. It also provides silver products, including silver gifts, pooja articles, dinner sets, jewellery, glasses and tumblers, and silver coins. The company also sells its products through its online portal. Manoj Vaibhav Gems 'N' Jewellers Limited was incorporated in 1989 and is based in Visakhapatnam, India.

IndiaConsumer Cyclical

Questions investors ask
Is Manoj Vaibhav Gems 'N' Jewellers Limited Shariah compliant?

Manoj Vaibhav Gems 'N' Jewellers Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (44.62%) exceeds AAOIFI threshold (≤ 33%).

What is Manoj Vaibhav Gems 'N' Jewellers Limited's current valuation relative to peers?

Manoj Vaibhav Gems 'N' Jewellers Limited trades at a P/E of 9.0x compared to the sector median of 26.8x, and a Price-to-Book of 1.3x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.59x. Interest coverage is 4.9x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.