āagman

Not investment advice. Data and computed figures, for information only.

PC Jeweller Ltd

NSE: PCJEWELLER
₹14.45
−₹0.02 (−0.14%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹14,525 Cr
CMP
₹14.45
52-wk High / Low
₹16 / 7
P/E
18.7
P/B
1.6
Book Value
₹9.5
Div Yield
0.00%
ROCE
10.0%
ROE
10.0%
Face Value
₹1
D/E
0.14

Price+12.5% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
5
/ 9
5 of 9 F-score tests passed
Graham Number
₹13
√(22.5 × EPS × book value per share)
ROIC
7.0%
vs 12.3% sector median
Cash flow to profit
−0.11
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+1,008
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
10.0%
ROE × earnings retention ratio
ROE stability
11.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −2.22FII +1.75DII −1.11
Latest quarter vs the previous one
Cash-accrual divergence
8.9%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.4x)
+Price is within 10% of its 52-week high (-6.8%)
+FII holding rose by 10.5pp over the last year
+PE of 18.7x is below the sector median of 38.5x
Watch-outs
−Latest ROCE of 10% trails the sector median of 19%
−Annualised volatility of 48.8% is in the high band (≥45%)
−Promoter holding fell by 16.0pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales684494048401505639699725825875927877
Expenses11150311350350419527554598647674763635
Operating Profit−43−54−73−25286112145127178202164242
OPM %−63.2%−12.0%−182.5%−4.2%13.0%17.0%17.5%20.7%17.5%21.6%23.1%17.7%27.6%
Other Income5453113944441837024192
Interest125124126130223454236302514
Depreciation7554445555555
Profit before tax−170−137−201−1248512314896164206190154225
Net Profit−172−138−198−12215617914895162210190153222
EPS (₹)−0.37−0.30−0.43−0.260.340.380.250.150.250.290.260.180.23

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales6,3617,3018,4649,6108,6725,2062,8251,6052,4726042,2443,3523,505
Expenses5,6316,5437,6998,6208,3744,7492,4101,6962,2167741,8482,6802,720
Operating Profit730758765990298457415−91256−170396673785
OPM %11.5%10.4%9.0%10.3%3.4%8.8%14.7%−5.7%10.4%−28.1%17.6%20.1%22.4%
Other Income595097927780245316364126196115
Interest22725128632435437439644249950552134105
Depreciation23232221193735282720182121
Profit before tax54053455473721258−508−108−632453713775
Net Profit37839842153618362−391−203−629578714774
EPS (₹)1.061.111.181.360.000.210.13−0.84−0.44−1.350.910.830.96

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital179179179394395395465465465465636865—
Reserves1,8112,2303,1733,4873,5263,6083,8043,4233,2252,4665,5577,309—
Borrowings6829708031,1162,1212,4292,4143,3913,7364,1502,1511,167—
Other Liabilities2,0522,3713,2423,9871,6081,4651,2142662091886884—
Total Liabilities4,7245,7517,3978,9847,6497,8977,8987,5457,6367,2698,4129,425—
Fixed Assets9091889374169139121115719496—
CWIP000111001000—
Investments138919881532300—
Other Assets4,6215,6527,2998,8727,5667,7207,7447,4217,5187,1968,3189,328—
Total Assets4,7245,7517,3978,9847,6497,8977,8987,5457,6367,2698,4129,425—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity33316794358−1,9317691−71910064−633−77
Cash from Investing Activity213−25−530−378978389411530723
Cash from Financing Activity−5651647−4652−170−156570−111−108688147
Net Cash Flow−197312−24−302−5730−3419−375772

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %28.026.022.023.07.08.06.0−1.05.0−2.07.010.0
ROE %———————————10.0
EPS (₹)1.061.111.181.360.000.210.13−0.84−0.44−1.350.910.83
Book Value (₹)———————————9.5
Face Value (₹)———————————1
P/E———————————18.7
Div Yield %———————————0.00
NPM %5.95.44.95.50.01.62.2−23.6−7.7−94.224.420.1
OPM %11.010.09.010.03.49.015.0−6.010.0−28.018.020.0
D/E0.340.400.240.290.540.610.570.871.011.420.350.14
P/B———————————1.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years−7.0%
5 years+3.0%
3 years+11.0%
TTM+36.0%
Compounded profit growth
10 years+6.0%
5 years+63.0%
3 years+77.0%
TTM+33.0%
Stock price CAGR
10 years−5.0%
5 years+39.0%
3 years+76.0%
Last year+15.0%
Return on equity
10 years3.0%
5 years0.0%
3 years4.0%
Last year10.0%

Shareholding pattern

As of 31 Mar 2026
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters68.48%60.24%57.59%46.45%54.53%54.53%54.53%54.53%39.98%40.72%38.50%
FIIs25.04%31.22%15.45%2.24%0.51%0.99%1.65%0.93%5.06%10.40%12.15%
DIIs0.00%2.61%1.97%2.08%1.49%1.49%1.45%1.45%9.37%5.42%4.31%
Government———————————
Public6.47%5.93%24.99%49.24%43.47%42.97%42.36%43.08%45.59%43.46%45.03%
No. of shareholders18,41069,1971,96,9362,48,2442,21,0312,16,6191,93,1852,10,4004,61,2108,33,1448,69,669
Change since Sep 2023 (pp)
Promoters −29.98FIIs −12.89DIIs +4.31Public +38.56

Documents

As of 11 Oct 2026
Announcements
Release Of Mortgaged Assets, Charges, Securities, Etc. - Update On Clearance Of Outstanding DebtCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Business Update For The Quarter Ended 30Th September 2026Shareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update

Corporate actions

As of 16 Dec 2024
16 Dec 2024SPLITFace Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share10 : 1
19 Sep 2018DIVIDEND Annual General Meeting/Dividend Re 0.50 Per Share—
6 Jul 2017BONUS Bonus 1:1—
21 Jun 2017DIVIDEND Dividend - Re 1/- Per Share—
9 Sep 2016DIVIDEND Annual General Meeting/Dividend - Rs 3.35 Per Share—
10 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 3.20/- Per Share—
4 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Rs 1.50/- Per Share—
30 Jan 2014DIVIDENDInterim Dividend - Rs 1.50/- Per Share—
6 Sep 2013DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman