Uday Jewellery Industries
- Market cap
- ₹ 720 Cr.
- P/E
- 22.5x
- P/B
- 3.56x
- 52-week range
- 115.04 – 252.25
- ROE
- 23%
- ROCE
- 22%
- Dividend yield
- 0.2%
- Debt / equity
- 0.78
- Sector
- Consumer Durables
- Industry
- Gems, Jewellery And Watches
- Listed on
- NSE, BSE
About
Uday Jewellery Industries Limited is an India-based jewelry manufacturing company. The Company is engaged in trading in cubic zirconia (CZ) and colored stone-studded jewelry. The company sells its products in different geographical areas, in the domestic market as well as the overseas market. The Company supplies a range of products, such as necklaces (short), necklaces (long), bangles, bracelets, maang tikka, and earrings.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Gems, Jewellery And Watches: 107 companies →Uday Jewellery Industries 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)22.5 against a typical 21: pricier than most peers (1st = cheapest).57th of 106
- Sales growth+6.7% against a typical +34.8% from a year earlier.58th of 79
- Profit growth+10% against a typical +33.3% from a year earlier.45th of 73
- Size₹ 719.9 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).32nd of 94
Latest announcements
Exchange filings and their impact on the company.
- Shift to customer-funded job-work plus lightweight gold entry to lift volumes, cut gold inventory and improve working capital.
Uday Jewellery said it is developing a job-work model where large customers supply the gold and it earns manufacturing fees, and is adding lightweight plain gold jewellery as a new focus area. It said the job-work shift should lower its own gold inventory need, improve working capital efficiency and raise capacity utilisation. It is also exploring supply tie-ups with large corporate clients, but said those talks are preliminary with no binding agreement yet.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Moderate safety, with caution
Rated BBB by ICRA- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]BBB | Stable | 3 Feb 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 3 Feb 2026 | Reaffirmed | [ICRA]BBB | — | ICRA | ₹ 154.42 Cr. | |
| 22 Oct 2025 | Reaffirmed | [ICRA]BBB | — | ICRA | ₹ 40.92 Cr. |
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 | 42 | 55 | 42 | 41 | 62 | 99 | 106 | 134 | 136 | 204 | 226 | 143 |
| Expenses | 39 | 50 | 41 | 38 | 58 | 93 | 103 | 119 | 128 | 196 | 211 | 127 |
| Operating Profit | 4 | 4 | 1 | 4 | 4 | 6 | 4 | 15 | 8 | 8 | 15 | 16 |
| OPM % | 9% | 8% | 1.6% | 9% | 7% | 6% | 3.6% | 11% | 6% | 3.7% | 7% | 11% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 3 | 4 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 2 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 4 | 4 | 0 | 3 | 4 | 6 | 3 | 13 | 8 | 8 | 15 | 14 |
| Tax % | 25% | 25% | 82% | 25% | 25% | 25% | 31% | 25% | 23% | 26% | 30% | 25% |
| Net Profit | 3 | 3 | 0 | 3 | 3 | 5 | 2 | 10 | 6 | 6 | 11 | 11 |
| EPS in Rs | 1.25 | 1.31 | 0.03 | 1.19 | 1.22 | 2.01 | 0.79 | 4.4 | 2.46 | 2.58 | 3.17 | 3.13 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 37%
- 5 Years
- 51%
- 3 Years
- 60%
- TTM
- 77%
- 10 Years
- 40%
- 5 Years
- 44%
- 3 Years
- 56%
- TTM
- 74%
- 10 Years
- 26%
- 5 Years
- 4%
- 3 Years
- 3%
- TTM
- —
- 10 Years
- 15%
- 5 Years
- 16%
- 3 Years
- 17%
- 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.
| Uday Jewellery Industries | ₹ 229.00 | ₹ 720 Cr. | 22.5x | 3.6x | 23% | — |
| Bharat Forge | ₹ 1,709.60 | ₹ 81,734 Cr. | 89.6x | 10.9x | 11.5% | 6.5% |
| Havells India | ₹ 1,032.00 | ₹ 64,764 Cr. | 44.1x | 7.9x | — | 6.9% |
| Schaeffler India | ₹ 3,468.00 | ₹ 54,379 Cr. | 56.2x | 10.7x | — | 12% |
| Sterlite Technologies | ₹ 829.00 | ₹ 42,603 Cr. | 464.5x | 11.2x | 2.6% | 1.2% |
| R R Kabel | ₹ 2,150.60 | ₹ 26,329 Cr. | 51.2x | 10.1x | 20.8% | 5.1% |
Management
- Sanjay Kumar Sanghi
- Chairman of the Board, Managing Director
- Rakesh Agarwal
- Chief Financial Officer
- Riya Jindal
- Compliance Officer, Company Secretary
- Ritesh Kumar Sanghi
- Joint Managing Director (Operations), Executive Director
- Bhavna Sanghi
- Additional Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.