Motisons Jewellers Ltd
NSE: MOTISONS BSE: 544053
Established in October 1997, Motisons Jewellers Ltd sells gold, diamond and kundan jewellery as well as other jewellery products. The company sells pearls, silver, platinum and other metals.[1]
₹11.6
52W: ₹10.6 — ₹24
PE 17.5 · Book ₹4.48 · +159% vs bookMarket Cap₹1,161 Cr
Stock P/E17.5Price to Earnings
ROCE14.5%Return on Capital
ROE11.6%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has reduced debt.
- +Company has delivered good profit growth of 68.7% CAGR over last 5 years
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Promoter holding has decreased over last quarter: -0.87%
- −Company has a low return on equity of 13.4% over last 3 years.
Shareholding Pattern
Promoters64.86%
FIIs2.03%
DIIs0.49%
Public32.62%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 66% | 66% | 66% | 66% | 66% | 66% | 65.73%▼0.3 | 64.86%▼0.9 |
| FIIs | 0.07% | 0.57%▲0.5 | 0.37%▼0.2 | 0.16%▼0.2 | 0.11%▼0.1 | 0.09%▼0.0 | 0.74%▲0.7 | 2.03%▲1.3 |
| DIIs | 0.36% | 0.4%▲0.0 | 0.48%▲0.1 | 0.49%▲0.0 | 0.5%▲0.0 | 0.5% | 0.5% | 0.49%▼0.0 |
| Public | 33.58% | 33.03%▼0.5 | 33.15%▲0.1 | 33.34%▲0.2 | 33.36%▲0.0 | 33.41%▲0.0 | 33.03%▼0.4 | 32.62%▼0.4 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 90 | 123 | 117 | 89 | 109 | 145 | 119 | 87 | 90 | 175 |
| Expenses | 77 | 103 | 99 | 78 | 92 | 122 | 101 | 74 | 60 | 139 |
| Operating Profit | 13 | 20 | 18 | 11 | 17 | 23 | 17 | 13 | 31 | 35 |
| OPM % | 15% | 16% | 15% | 12% | 16% | 16% | 15% | 15% | 34% | 20% |
| Net Profit | 5 | 11 | 11 | 6 | 10 | 15 | 11 | 8 | 21 | 26 |
| EPS ₹ | 0.08 | 0.11 | 0.11 | 0.06 | 0.11 | 0.16 | 0.11 | 0.08 | 0.22 | 0.26 |
AI Insights
Revenue Trend
TTM revenue at ₹471Cr, up 1.9% YoY. OPM at 20%.
Debt Position
Borrowings at ₹55Cr. Debt-to-equity ratio: 0.16x. Healthy balance sheet.
Institutional Flow
DIIs: 0.49% (+0.03pp change). FIIs: 2.03% (-5.44pp change). Promoters hold 64.86%.
Margin & Efficiency
ROCE improving from 0% (Mar 2019) to 15% (Mar 2025). Working capital days: 321.
Valuation
PE 17.5x with 14.5% ROCE. Price is 159% above book value of ₹4.48. Dividend yield: 0%.
Recent Announcements
- Compliance Under Regulation 32 Of The SEBI (LODR) Regulations, 2015. 13 May - Motisons Jewellers reported no deviation in use of Rs 170 crore preferential issue proceeds for quarter ended 31-03-2026.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 May - Q4 FY26 monitoring report: 82.7 lakh warrants lapsed on 4 Apr 2026, reducing Rs170 crore proceeds.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr - Motisons Jewellers confirms it is not a Large Corporate for FY2026; outstanding borrowings were Rs 37.65 crore.
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 27 Apr
- Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 27 Apr
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Transcript