RBZ Jewellers Ltd
NSE: RBZJEWEL BSE: 544060
Incorporated in 2008, RBZ Jewellers Ltd engaged in manufacturing, trading, and job work of jewellery and other accessories[1]
₹124
52W: ₹100 — ₹179
PE 9.09 · Book ₹75 · +65% vs bookMarket Cap₹496 Cr
Stock P/E9.09Price to Earnings
ROCE21.8%Return on Capital
ROE20.1%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has delivered good profit growth of 42.1% CAGR over last 5 years
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
Shareholding Pattern
Promoters75%
FIIs0%
DIIs0.07%
Public24.94%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 75% | 75% | 75% | 75% | 75% | 75% | 75% | 75% |
| FIIs | 1.34% | 1.02%▼0.3 | 0.9%▼0.1 | 0.59%▼0.3 | 0.5%▼0.1 | 0.24%▼0.3 | 0%▼0.2 | 0% |
| DIIs | 1.54% | 1.72%▲0.2 | 1.89%▲0.2 | 1.58%▼0.3 | 0.1%▼1.5 | 0.08%▼0.0 | 0.06%▼0.0 | 0.07%▲0.0 |
| Public | 22.13% | 22.27%▲0.1 | 22.22%▼0.1 | 22.82%▲0.6 | 24.39%▲1.6 | 24.69%▲0.3 | 24.94%▲0.3 | 24.94% |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 116 | 86 | 82 | 117 | 194 | 137 | 76 | 145 | 226 | 189 |
| Expenses | 104 | 82 | 68 | 103 | 172 | 123 | 63 | 117 | 197 | 168 |
| Operating Profit | 12 | 5 | 14 | 14 | 22 | 15 | 13 | 28 | 30 | 21 |
| OPM % | 10% | 5% | 17% | 12% | 11% | 11% | 17% | 19% | 13% | 11% |
| Net Profit | 7 | 3 | 9 | 8 | 13 | 9 | 7 | 19 | 17 | 12 |
| EPS ₹ | 1.7 | 0.67 | 2.27 | 2.02 | 3.27 | 2.14 | 1.78 | 4.64 | 4.36 | 2.92 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹636Cr, up 20% YoY. OPM at 14%.
Debt Position
Borrowings at ₹170Cr. Debt-to-equity ratio: 0.65x. Moderate leverage.
Capex Cycle
CWIP at ₹25Cr (40% of fixed assets). Significant capex underway — growth runway building.
Institutional Flow
DIIs: 0.07% (-2.96pp change). FIIs: 0% (-4.33pp change). Promoters hold 75%.
Margin & Efficiency
ROCE improving from 0% (Mar 2020) to 22% (Mar 2026). Working capital days: 150.
Valuation
PE 9.09x with 21.8% ROCE. Price is 65% above book value of ₹75. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d - We hereby submit the newspaper advertisement containing the Audited Financial Result of the company for the quarter and year ended 31st March 2026, published in …
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 2d - Audio recording of analyst and investor call held on 15 May 2026 for Q4 and FY2026 results.
- Announcement under Regulation 30 (LODR)-Investor Presentation 14 May - We hereby submit the Investor Presentation of the Company, Kindly take the same on your record.
- Appointment Of Internal Auditor For The F.Y 2026-27 14 May - RBZ Jewellers approved audited FY26 standalone results and reappointed G.K. Choksi as internal auditor for FY27.
- Results For The Quarter And Year Ended As On 31St March 2026 14 May - Board approved audited standalone FY26 results and reappointed G.K. Choksi & Co. as internal auditor.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Rating update 9 Mar from crisil