Utssav CZ Gold Jewels

SMENSE: UTSSAV
Compare with peers
₹ 940.00▲ 1.8 (+0.19%)29 Oct, 03:29 pm IST
Market cap
₹ 2,532 Cr.
P/E
38.4x
P/B
12.44x
52-week range
176.5 – 1,046.05
ROE
36%
ROCE
29%
Dividend yield
0%
Debt / equity
0.94
Sector
Consumer Durables
Industry
Gems, Jewellery And Watches
Listed on
NSE SME

About

Utssav CZ Gold Jewels Limited is an India-based company, which is engaged in the business of jewelry made of precious metals and semi-precious stones. The Company is in the business of designing, manufacturing, wholesaling and exporting 18Karat, 20Karat and 22Karat CZ Gold jewelry. The Company specializes in lightweight production of cubic zirconia (CZ) gold and rose gold casting jewelry. It manufactures and offers a wide collection of products, such as rings, earrings, pendants, bracelets, necklaces, watches and broaches.

Quick check

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

Utssav CZ Gold 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)38.4 against a typical 21: pricier than most peers (1st = cheapest).75th of 106
  • Sales growth+269% against a typical +34.8% from a year earlier.8th of 79
  • Profit growth+400% against a typical +33.3% from a year earlier.4th of 73
  • Share price, 3 months+84.1% against a typical +2.5%.7th of 92
  • Size₹ 2,532.3 Cr. market value against a typical ₹ 145.6 Cr. (1st = largest).18th of 94

Board meetings

Results dates and other board meetings. Full calendar

Details
23 Oct 2026Bonus/Other business mattersTo consider and approve Issuance of Bonus Equity Shares and Increase in Authorised Share Capital of the Company, subject to approval of the shareholders.
23 May 2026Financial Results/Other business mattersTo consider and approve the financial results for the period ended March 31, 2026 and other business matters
20 Feb 2026Other business mattersTo consider and approve the incorporation of Subsidiary Company in the United Arab Emirates and invest funds therein
4 Nov 2025Other business mattersTo consider and approve following businesses:1. To Avail Rupees 50 crores (additional) cash credit facility from Saraswat Bank.2. To Discuss about Capacity Expansion upto 2.5 tonnes production and other growth plansof the Company.3. Any other matter as may be considered necessary by the Board.
29 Oct 2025Board Meeting IntimationUTSSAV CZ GOLD JEWELS LIMITED has informed the Exchange about Board Meeting to be held on 29-Oct-2025 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2025 and Other business.
1 Aug 2025Other business mattersTo consider other business matters

Share price

1Y change +325.24%
Volume (shares)Price (₹)
Close price

Financials

Standalone figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales156184285362475679
Expenses147171269338431632
Operating Profit91315244447
OPM %5%7%5%7%9%7%
Other Income200112
Interest232457
Depreciation000111
Profit before tax8913203941
Tax %19%31%26%23%25%27%
Net Profit7610152930
EPS in Rs15.793.74.146.3812.1812.27

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
57%
3 Years
69%
TTM
79%
Compounded Profit Growth
10 Years
—
5 Years
105%
3 Years
112%
TTM
131%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
35%
3 Years
36%
TTM
—

Shareholding

Latest: Aug 2026.

Promoters
72.55%
+2.03 pts in a year
FIIs
0.01%
−2.97 pts in a year
DIIs
0%
−1.56 pts in a year
Public
27.43%
+2.48 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 38.4xEPS (12 months) ₹ 24.46Median P/E 21.2x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Utssav CZ Gold Jewels₹ 940.00₹ 2,532 Cr.38.4x12.4x36%—
Titan Company₹ 4,299.00₹ 3,81,659 Cr.79.9x26.3x37.1%5.8%
PC Jeweller₹ 18.07₹ 17,547 Cr.11.7x1x10%21.3%
BlueStone Jewellery and Lifestyle Ltd₹ 731.05₹ 11,126 Cr.570.5x5.1x1.1%0.5%
Ethos₹ 2,413.50₹ 6,479 Cr.72.5x4.8x7.7%6%
Senco Gold₹ 308.90₹ 5,063 Cr.10.4x2.4x25.6%6.8%

Management

Harpreet Singh Guleria
Chief Executive Officer
Rakesh Shantilal Jagawat
Chief Financial Officer
Rachna Jajoo
Compliance Officer, Company Secretary
Pankajkumar Hastimal Jagawat
Managing Director, Executive Director
Shashank Bhawarlal Jagawat
Whole-Time Director

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