Moksh Ornaments Ltd
NSE: MOKSH
Moksh Ornaments Ltd (MOKSH) is a Diversified company listed on NSE: MOKSH. With a market cap of ₹108 Cr and ROCE of 11.4%, ROE of 8.21%, it operates in the Indian Diversified sector.
₹12.3
52W: ₹8.11 — ₹16.6
PE 11 · Book ₹14.6 · -16% vs bookMarket Cap₹108 Cr
Stock P/E11Price to Earnings
ROCE11.4%Return on Capital
ROE8.21%Return on Equity
Div. Yield0%Face Value ₹2
Strengths
- +Company has reduced debt.
- +Stock is trading at 0.83 times its book value
- +Company is expected to give good quarter
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 9.50% over last 3 years.
- −Debtor days have increased from 33.1 to 48.7 days.
- −Promoter holding has decreased over last 3 years: -15.0%
Shareholding Pattern
Promoters40.09%
FIIs4.53%
DIIs0.08%
Public55.3%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 55.13% | 55.13% | 55.13% | 36.87%▼18.3 | 36.87% | 40.09%▲3.2 | 40.09% | 40.09% |
| FIIs | 0.1% | 0%▼0.1 | 0% | 6.82%▲6.8 | 6.16%▼0.7 | 4.53%▼1.6 | 4.53% | 4.53% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0.08%▲0.1 | 0.08% |
| Public | 44.76% | 44.86%▲0.1 | 44.87%▲0.0 | 56.31%▲11.4 | 56.97%▲0.7 | 55.38%▼1.6 | 55.3%▼0.1 | 55.3% |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 84.94 | 105.58 | 136.82 | 158.45 | 117.3 | 167.33 | 150.66 | 151.7 | 115.2 | 261.38 |
| Expenses | 81.01 | 102.86 | 132.44 | 154.01 | 112.81 | 166.57 | 146.5 | 147.25 | 110.76 | 259.26 |
| Operating Profit | 3.93 | 2.72 | 4.38 | 4.44 | 4.49 | 0.76 | 4.16 | 4.45 | 4.44 | 2.12 |
| OPM % | 4.63% | 2.58% | 3.2% | 2.8% | 3.83% | 0.45% | 2.76% | 2.93% | 3.85% | 0.81% |
| Net Profit | 1.48 | 1.43 | 2.24 | 2.41 | 2.48 | 1.3 | 2.42 | 2.76 | 2.83 | 1.85 |
| EPS ₹ | 0.17 | 0.17 | 0.26 | 0.28 | 0.3 | 0.16 | 0.29 | 0.31 | 0.32 | 0.21 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹679Cr, up 17.1% YoY. OPM at 2%.
Debt Position
Borrowings at ₹25Cr. Debt-to-equity ratio: 0.23x. Healthy balance sheet.
Institutional Flow
DIIs: 0.08% (+0.08pp change). FIIs: 4.53% (+4.53pp change). Promoters hold 40.09%.
Margin & Efficiency
ROCE declining from 13% (Mar 2015) to 11% (Mar 2026). Working capital days: 62.
Valuation
PE 11x with 11.4% ROCE. Price is -16% above book value of ₹14.6. Dividend yield: 0%.
Recent Announcements
- Copy of Newspaper Publication 12 May 2026 - Audited standalone results for quarter and year ended March 31, 2026 published May 12, 2026.
- Outcome of Board Meeting 11 May 2026 - Board approved FY26 audited standalone results; appointed internal auditor for FY27; auditors issued unmodified opinion.
- Outcome of Board Meeting 11 May 2026 - Board approved FY26 audited standalone results, appointed internal auditor, and reported unmodified audit opinion.
- Statement of deviation(s) or variation(s) under Reg. 32 11 May 2026 - Company reports no deviation or variation in IPO proceeds use for quarter ended March 31, 2026.
- Outcome of Board Meeting 11 May 2026 - Board approved FY26 audited standalone results on 11 May 2026; appointed M/s Mukesh Mehta & Associates as internal auditor.
- Financial Year 2025 from nse
- Financial Year 2024 from nse
- Financial Year 2023 from nse