Swarnsarita Jewels India
- Market cap
- ₹ 91 Cr.
- P/E
- 6.6x
- P/B
- 0.73x
- 52-week range
- 32 – 55.62
- ROE
- 9%
- ROCE
- 11%
- Dividend yield
- 0%
- Debt / equity
- 0.51
- Sector
- Consumer Durables
- Industry
- Gems, Jewellery And Watches
- Listed on
- NSE, BSE
About
Swarnsarita Jewels India Limited is an India-based company, which is engaged in the business of the export & import and manufacturing and trading of polished diamonds, gems, and jewelry. The Company operates through the gold and diamond jewelry segment. It offers products such as diamond studded rings, bracelets, pendants, diamond necklaces, earrings, among others in silver and gold. Swarnsarita Trading Private Limited is a subsidiary of the Company.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Gems, Jewellery And Watches: 107 companies →Swarnsarita Jewels India 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)6.6 against a typical 21: cheaper than most peers (1st = cheapest).11th of 106
- Sales growth+35.5% against a typical +34.8% from a year earlier.39th of 79
- Profit growth+83.3% against a typical +33.3% from a year earlier.20th of 73
- Size₹ 91 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).53rd of 94
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Look closer
Rated BBB- to BB+ by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]BB+ | Stable | 6 Nov 2025 |
| Infomerics | IVR BBB- | Stable | 26 Aug 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 6 Nov 2025 | Rating action | [ICRA]BB+ | — | ICRA | ₹ 94 Cr. | |
| 26 Aug 2025 | New rating | IVR BBB- | — | Infomerics | ₹ 80 Cr. |
Financials
Consolidated 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 | 200 | 204 | 171 | 155 | 230 | 219 | 158 | 152 | 262 | 218 | 237 | 206 |
| Expenses | 200 | 201 | 170 | 145 | 227 | 214 | 160 | 142 | 252 | 214 | 244 | 191 |
| Operating Profit | 0 | 3 | 2 | 10 | 3 | 5 | −3 | 10 | 10 | 4 | −8 | 15 |
| OPM % | 0.2% | 1.3% | 0.9% | 7% | 1.1% | 2.4% | −1.6% | 6% | 3.8% | 1.8% | −3.2% | 7% |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 |
| Interest | 2 | 3 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | −1 | 0 | 0 | 8 | 1 | 3 | −4 | 8 | 9 | 2 | −3 | 14 |
| Tax % | −25% | 26% | 76% | 25% | 25% | 32% | 10% | 26% | 25% | 22% | 144% | 23% |
| Net Profit | −1 | 0 | 0 | 6 | 1 | 2 | −4 | 6 | 7 | 2 | −7 | 11 |
| EPS in Rs | −0.5 | 0.1 | 0.03 | 2.99 | 0.35 | 1.1 | −1.9 | 2.9 | 3.27 | 0.8 | −3.25 | 5.13 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 10%
- 5 Years
- 9%
- 3 Years
- 1%
- TTM
- 22%
- 10 Years
- 16%
- 5 Years
- 18%
- 3 Years
- 25%
- TTM
- 143%
- 10 Years
- 3%
- 5 Years
- 17%
- 3 Years
- 9%
- TTM
- —
- 10 Years
- 6%
- 5 Years
- 6%
- 3 Years
- 6%
- 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.
| Swarnsarita Jewels India | ₹ 43.90 | ₹ 91 Cr. | 6.6x | 0.7x | 9% | — |
| Titan Company | ₹ 4,299.00 | ₹ 3,81,659 Cr. | 87.9x | 28.9x | — | 6.2% |
| BlueStone Jewellery and Lifestyle Ltd | ₹ 731.05 | ₹ 11,126 Cr. | 851.9x | 7.6x | — | 2% |
| PC Jeweller | ₹ 18.07 | ₹ 17,547 Cr. | 11.8x | 1x | — | 22.1% |
| Ethos | ₹ 2,413.50 | ₹ 6,479 Cr. | 76x | 5x | — | 6.1% |
| Timex Group India | ₹ 593.00 | ₹ 6,010 Cr. | 71.7x | 75.5x | — | 10.1% |
Management
- Mahendra Madanlal Chordia
- Executive Non Independent Chairman of the Board, Managing Director
- Sanket Dangi
- Chief Financial Officer
- Deepak Suthar
- Compliance Officer, Company Secretary
- Rajul Chordia
- Whole Time Director
- Sunny Mahendra Chordia
- Additional Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.