Palm Jewels
- Market cap
- ₹ 28 Cr.
- P/E
- 28.2x
- P/B
- 1.77x
- 52-week range
- 14.12 – 29.37
- ROE
- 6%
- ROCE
- 8%
- Dividend yield
- 0%
- Debt / equity
- 0.16
- Sector
- Commercial Services & Supplies
- Industry
- Trading & Distributors
- Listed on
- BSE
About
Palm Jewels Limited is an India-based company, which is engaged in the wholesale business of gold jewelry. The Company sells gold-based chains, silver ornaments, bracelets and necklaces. The Company outsources the manufacturing of its jewelry through job workers based in Ahmedabad and Mumbai. The raw material used for making its products is gold and silver. It procures gold and silver through the bullion market and partially from the local markets in Ahmedabad. Its jewelry is widely sold throughout Gujarat only through business to business (B2B) marketing and/ or direct/outbound marketing strategy. Its products include gold chain, gold lucky, silver payal, silver zuda, and silver baccha items. Its gold lucky products include hollow lucky, cartier lucky, casting lucky, ladies lucky and lotus lucky. Its silver payal products include Jain 6T Payal, Antique Payal, JO 70 Payal, JO 100 Payal and Jain 7T Payal. Its silver baccha item products include kadli and baccha payal.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Trading & Distributors: 197 companies →Palm Jewels 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)28.2 against a typical 28.5: cheaper than most peers (1st = cheapest).93rd of 186
- Sales growth+11.3% against a typical −2.4% from a year earlier.61st of 143
- Profit growth−12% against a typical −13.1% from a year earlier.60th of 124
- Share price, 3 months+86.5% against a typical −4.9%.6th of 169
- Size₹ 27.8 Cr. market value against a typical ₹ 26.8 Cr. (1st = largest).89th of 183
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 34 | 57 | 40 | 33 | 50 | 70 | 38 | 36 | 42 | 58 | 49 | 40 |
| Expenses | 34 | 57 | 40 | 32 | 49 | 70 | 37 | 36 | 41 | 58 | 49 | 40 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| OPM % | 0.4% | 0.3% | 0.7% | 0.7% | 0.7% | 0.3% | 0.5% | 1.1% | 0.8% | 1% | 0.6% | 0.9% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Tax % | 25% | 26.7% | 18.8% | 27.8% | 17.9% | 40% | 11.1% | 26.5% | 24% | 24.5% | 34.8% | 30% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS in Rs | 0.03 | 0.11 | 0.13 | 0.14 | 0.24 | 0.09 | 0.07 | 0.25 | 0.19 | 0.4 | 0.15 | 0.22 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 61%
- 5 Years
- 19%
- 3 Years
- 23%
- TTM
- −2%
- 10 Years
- 58%
- 5 Years
- 38%
- 3 Years
- 49%
- TTM
- 48%
- 10 Years
- —
- 5 Years
- −10%
- 3 Years
- 4%
- TTM
- —
- 10 Years
- 3%
- 5 Years
- 3%
- 3 Years
- 4%
- 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.
| Palm Jewels | ₹ 27.79 | ₹ 28 Cr. | 28.2x | 1.8x | 6% | — |
| Titan Company | ₹ 4,299.00 | ₹ 3,81,659 Cr. | 79.9x | 26.3x | 37.1% | 5.8% |
| PC Jeweller | ₹ 18.07 | ₹ 17,547 Cr. | 11.7x | 1x | 10% | 21.3% |
| BlueStone Jewellery and Lifestyle Ltd | ₹ 731.05 | ₹ 11,126 Cr. | 570.5x | 5.1x | 1.1% | 0.5% |
| Ethos | ₹ 2,413.50 | ₹ 6,479 Cr. | 72.5x | 4.8x | 7.7% | 6% |
| Senco Gold | ₹ 308.90 | ₹ 5,063 Cr. | 10.4x | 2.4x | 25.6% | 6.8% |
Management
- Raj Atulkumar Shah
- Chief Financial Officer
- Rohit Dalpatbhai Shah
- Managing Director, Director, Acting Compliance Officer
- Abhijit Birajkumar Roy
- Compliance Officer and Company Secretary
- Saunil Rohitkumar Shah
- Whole-Time Director, Promoter
Prices are delayed and for information only. Nothing on this page is investment advice.