Grover Jewells
- Market cap
- ₹ 517 Cr.
- P/E
- 23.1x
- P/B
- 7.83x
- 52-week range
- 91.4 – 525.95
- ROE
- 49%
- ROCE
- 46%
- Debt / equity
- 0.39
- Sector
- Consumer Durables
- Industry
- Gems, Jewellery And Watches
- Listed on
- NSE SME
About
Grover Jewells Limited is an India-based company. The Company specializes in manufacturing and designing a wide range of wholesale gold jewelry which includes crafted jewelry, comprising gold chains, bangles, rings, necklaces, complete sets, designed to meet the diverse preferences of its clientele. Its business segments include Machine-Made Chain Manufacturing and Casting Jewelry Production. It focuses primarily on the business-to-business segment. Its product categories include plain casting jewelry, stone casting jewelry, chains, fancy ring, fancy bracelet/chain, baby collection, necklace set, paper casting, locks and hooks. Its plain casting jewelry products include ladies ring, gents ring, plain god pendant, band/couple band, and plain pendant set. Its stone casting jewelry products include Cz Ladies Ring, Cz gents ring, God pendant, and lock bali. Its fancy bracelet/chain products include Cuban and stamping bracelet.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Gems, Jewellery And Watches: 107 companies →Grover Jewells against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)23.1 against a typical 21: pricier than most peers (1st = cheapest).59th of 106
- Share price, 3 months+115.6% against a typical +3.6%.3rd of 92
- Size₹ 517 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).36th of 94
Latest announcements
Exchange filings and their impact on the company.
- Grover Jewells becomes an authorized MMTC-PAMP dealer for gold and silver bars and coins, adding a small new retail revenue stream.
Grover Jewells has received Preferred Partnership and Authorized Dealership from MMTC-PAMP India for minted gold and silver bars and coins. Sales are permitted through offline retail, as per the authorised dealer certificate attached. This adds bullion retail to its gold chains and jewellery business and should support incremental revenue over the next 12 months, though the company disclosed no financial targets.
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 30 Oct 2026Upcoming | Board Meeting Intimation | GROVER JEWELLS LIMITED has informed the Exchange about Board Meeting to be held on 30-Oct-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |
| 25 Aug 2026 | Other business matters | To consider and approve the draft notice of 05th Annual General Meeting of the Company and other business matters. |
| 22 May 2026 | Board Meeting Intimation | Grover Jewells Limited has informed the Exchange about Board Meeting to be held on 22-May-2026 to inter-alia consider and approve the Audited Financial results of the Company for the Yearly ended March 2026 . |
| 5 May 2026 | Fund Raising/Other business matters | GJL : 05-May-2026 : The Company has informed the Exchange that a Board meeting to be held on April 30, 2026 has been re-scheduled. Further, the Company has informed the Exchange that the meeting of the Board of Directors of the Company will be held on May 05, 2026, To consider Fund Raising and other business matters |
| 30 Apr 2026 | Fund Raising/Other business matters | To consider Fund Raising and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Mar 2026 |
|---|---|
| Sales | 536 |
| Expenses | 513 |
| Operating Profit | 23 |
| OPM % | 4.3% |
| Other Income | 1 |
| Interest | 2 |
| Depreciation | 1 |
| Profit before tax | 21 |
| Tax % | 18% |
| Net Profit | 17 |
| EPS in Rs | 11.75 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 48%
- TTM
- 79%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 98%
- TTM
- 176%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 50%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Grover Jewells | ₹ 337.70 | ₹ 517 Cr. | 23.1x | 7.8x | 49% | — |
| Titan Company | ₹ 4,299.00 | ₹ 3,81,659 Cr. | 87.1x | 28.7x | — | 6.2% |
| BlueStone Jewellery and Lifestyle Ltd | ₹ 731.05 | ₹ 11,126 Cr. | 805x | 7.2x | — | 2% |
| PC Jeweller | ₹ 18.07 | ₹ 17,547 Cr. | 11.6x | 1x | — | 22.1% |
| Ethos | ₹ 2,413.50 | ₹ 6,479 Cr. | 74.8x | 4.9x | — | 6.1% |
| Senco Gold | ₹ 308.90 | ₹ 5,063 Cr. | 9.8x | 2.2x | — | 5.9% |
Prices are delayed and for information only. Nothing on this page is investment advice.