Moksh Ornaments

NSE: MOKSH
Compare with peers
₹ 8.41▲ 0.05 (+0.6%)28 Oct, 03:29 pm IST
Market cap
₹ 73 Cr.
P/E
7x
P/B
0.57x
52-week range
8.11 – 16.65
ROE
8%
ROCE
11%
Dividend yield
0%
Debt / equity
0.19
Sector
Consumer Durables
Industry
Gems, Jewellery And Watches
Listed on
NSE

About

Moksh Ornaments Limited is an India-based company, which is primarily engaged in the business of manufacturing and exporting of Kolkata bangles. The Company is involved in carving designs of gold jewelry and specializes in various types of gold bangles, a brand that offers a tantalizing blend of modern and traditional jewelry. It offers a range of bangle collections, including Bombay, Rasrawa, Plaster, Temple, Dubai, Marwadi, Antique, Gajra and Nakshi. The Company also offers vertical mala collections.

Quick check

The five things to look at first. Open one for more.

Moksh Ornaments 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)7 against a typical 21: cheaper than most peers (1st = cheapest).14th of 106
  • Sales growth+77.6% against a typical +34.8% from a year earlier.20th of 79
  • Profit growth+28.1% against a typical +33.3% from a year earlier.40th of 73
  • Share price, 3 months−16.7% against a typical +3.6%.73rd of 92
  • Size₹ 73.3 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).55th of 94

Research by Minerva Capital Research Solutions

Our research team's work on Moksh Ornaments

Also covered in

Sector note · 9 Mar 2025 · Free

Board meetings

Results dates and other board meetings. Full calendar

Details
14 Aug 2026Financial ResultsIntimation of Board Meeting to be held on Friday, August 14, 2026.
11 May 2026Financial ResultsTo consider and approve the financial results for the period ended March 31, 2026
29 Apr 2026Other business mattersIntimation of Board Meeting under Regulation 29 of SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015.
18 Feb 2026Other business mattersTo consider other business matters
9 Feb 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended December 31, 2025 and other business matters
13 Nov 2025Financial Results/Other business mattersTo consider and approve the financial results for the period ended September 30, 2025 and other business matters

Share price

1Y change −40.86%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales12785106137158117167151152115261268
Expenses12381103132154113167147147111259263
Operating Profit343444144425
OPM %2.5%4.6%2.6%3.2%2.8%3.8%0.5%2.8%2.9%3.9%0.8%1.9%
Other Income001000200021
Interest121111111111
Depreciation000000000001
Profit before tax222333234434
Tax %25.2%25.1%30.4%25.1%25.2%25.3%29.7%25%25.2%25.1%34.6%24.6%
Net Profit211222123323
EPS in Rs0.210.170.170.260.280.30.160.290.310.320.210.35

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
17%
5 Years
15%
3 Years
15%
TTM
34%
Compounded Profit Growth
10 Years
51%
5 Years
12%
3 Years
17%
TTM
22%
Stock Price CAGR
10 Years
—
5 Years
−18%
3 Years
−4%
TTM
—
Return on Equity
10 Years
12%
5 Years
10%
3 Years
10%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
40.09%
+3.22 pts in a year
FIIs
4.65%
−1.51 pts in a year
DIIs
0.05%
+0.05 pts in a year
Public
55.22%
−1.75 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 7xEPS (12 months) ₹ 1.19Median P/E 14.7x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Moksh Ornaments₹ 8.41₹ 73 Cr.7x0.6x8%—
Bharat Forge₹ 1,709.60₹ 81,734 Cr.90.4x11x11.5%6.5%
Havells India₹ 1,032.00₹ 64,764 Cr.44.5x8x—6.9%
Schaeffler India₹ 3,468.00₹ 54,379 Cr.56.4x10.7x—12%
R R Kabel₹ 2,150.60₹ 26,329 Cr.52.1x10.3x20.8%5.1%
Sterlite Technologies₹ 829.00₹ 42,603 Cr.449.5x10.8x2.6%1.2%

Management

Purvesh A. Shah
Chief Financial Officer
Charmy H. Variya
Company Secretary & Compliance Officer
Amrit Jawanmalji Shah
Managing Director, Executive Director
Jawanmal M. Shah
Whole-Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.