Swarnsarita Jewels India Ltd (SWARNSAR)

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Swarnsarita Jewels India Ltd (SWARNSAR) · mywealthgrid

About

Swarnsarita Jewels India Ltd operates in Gems, Jewellery And Watches within the Consumer Discretionary sector.

Face value: ₹10

Market cap

₹80 Cr

P/E

12.8×

P/B

0.6×

Dividend yield

ROE

5.5%

ROCE

12.1%

Debt / equity

0.51

OPM

1.6%

EPS (TTM)

₹3.0

Book value

₹67.3

52-week high

—

52-week low

—

2,117 historical price candles were omitted because the exchange source has not been verified.

₹38.4-6.9%1Y

Quick read

rule-based

Pros

+High promoter holding of 60.1% with no pledge

Cons

−Low return on equity of 5.9% (3-yr avg)
−Thin operating margin of 1.6%

Research score

Structured signal from quality, growth, valuation and momentum.

54/100

Business quality: 22
Valuation: 86

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Kalyan Jewellers India LimitedKALYANKJILKALYANKJIL	₹54,578 Cr	₹55,102 Cr	₹39,063 Cr	₹2,616 Cr	7%	₹1,435 Cr	3.8%	31.5%	24.3%	136
Lalithaa Jewellery Mart LimitedLALITHAALALITHAA	₹21,708 Cr	₹23,312 Cr	₹25,024 Cr	₹1,674 Cr	6.7%	₹1,010 Cr	4%	54.3%	41.6%	—
Thangamayil Jewellery LimitedTHANGAMAYLTHANGAMAYL	₹15,118 Cr	₹15,943 Cr	₹9,606 Cr	₹621 Cr	6.6%	₹391 Cr	4.1%	39.1%	27.9%	142
Sky Gold And Diamonds LimitedSKYGOLDSKYGOLD	₹12,557 Cr	₹13,426 Cr	₹7,176 Cr	₹520 Cr	6.9%	₹343 Cr	4.5%	45.9%	29.3%	77
Pc Jeweller LimitedPCJEWELLERPCJEWELLER	₹12,449 Cr	₹13,522 Cr	₹3,505 Cr	₹785 Cr	20%	₹775 Cr	21.3%	11.7%	9.9%	1,082
Bluestone Jewellery And Lifestyle LimitedBLUESTONEBLUESTONE	₹12,008 Cr	₹12,753 Cr	₹2,681 Cr	₹442 Cr	16%	₹56 Cr	0.5%	9.8%	1.1%	659
P N Gadgil Jewellers LimitedPNGJLPNGJL	₹7,897 Cr	₹9,477 Cr	₹11,438 Cr	₹669 Cr	5.7%	₹446 Cr	3.8%	34.3%	23.3%	121
Timex Group India LimitedTIMEXTIMEX	₹7,368 Cr	₹7,370 Cr	₹419 Cr	₹32 Cr	7.7%	₹21 Cr	5%	32.7%	29.4%	—
Ethos LimitedETHOSLTDETHOSLTD	₹6,785 Cr	₹6,786 Cr	₹1,728 Cr	₹223 Cr	12.9%	₹106 Cr	6%	10.4%	7.7%	180
Senco Gold LimitedSENCOSENCO	₹5,199 Cr	₹6,769 Cr	₹9,660 Cr	₹999 Cr	11.5%	₹571 Cr	6.8%	38%	25.6%	259
Kddl LimitedKDDLKDDL	₹4,811 Cr	₹4,967 Cr	₹2,322 Cr	₹335 Cr	14.3%	₹97 Cr	6.3%	11.9%	8.8%	192
D. P. Abhushan LimitedDPABHUSHANDPABHUSHAN	₹4,273 Cr	₹4,433 Cr	₹2,340 Cr	₹100 Cr	4.3%	₹62 Cr	2.6%	40.8%	29.4%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2021	Mar 2022	Mar 2023
	576	842	840
COGS	557	823	817
Gross profit	18	19	23
	8	9	10
Operating profit (EBITDA)	11	10	13
OPM %	1.8%	1.2%	1.6%
Depreciation	0	0	0
Interest	6	7	8
	4	7	3
Profit before tax	8	10	8
Tax	2	3	2
Tax %	30.8%	27.3%	25.2%
	5	8	6
PAT margin %	1%	0.9%	0.8%
EPS (₹)	2.6	3.6	3
EPS adjusted (₹)	2.6	3.6	3
Annual report	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	21	21	21	21	21	21	21	21	21	21	21
Reserves	58	64	68	73	77	83	91	97	102	107	119
	48	79	105	131	101	117	126	121	108	86	71
	8	7	11	9	9	5	7	9	10	11	15
Total equity & liabilities	135	171	205	234	208	226	244	248	241	225	226
	0	2	2	2	2	5	5	5	6	1	1
CWIP	—	—	—	—	—	—	—	—	—	—	—
Investments	1	3	0	0	0	0	0	0	0	0	0
	134	166	204	232	207	220	239	243	234	224	225
Total assets	135	171	205	234	208	226	244	248	241	225	226

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2021	Mar 2022	Mar 2023
Margins
Gross margin %	3.2%	2.3%	2.8%
EBITDA margin %	1.8%	1.2%	1.6%

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	52.03%	52.03%	52.03%	52.03%	52.03%	52.03%	52.03%	52.03%	52.03%	52.03%	52.03%	60.11%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.03%	0.03%	0.03%	0.03%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	47.97%	47.95%	47.95%	47.95%	47.95%	47.95%	47.95%	47.95%	47.94%	47.94%	47.94%	39.86%
No. of shareholders	—	—	—	—	—	—	—	—	9,329	9,154	8,938	8,816

Promoter holding up 8.08 percentage points since Sep 2023.

1 deal · 23 Jun 2022 – 23 Jun 2022

Date	Client	Type	Venue	Side	Quantity	Price	Value
23 Jun 2022	MAHENDRA MADANLAL CHORDIA	Bulk	BSE	Buy	1,30,000	₹18.43	₹0.24 Cr

1–1 of 1

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. MAHENDRA MADANLAL CHORDIAExecutive Director-Chairperson-MD
Mr. SUNNY MAHENDRA CHORDIAExecutive Director
Sanket DangiChief Financial Officer
Mrs. RAJUL CHORDIAExecutive Director
Mr. JASH AMIT ADANINon-Executive - Independent Director
Mr. DEEP SHAILESH LAKHANINon-Executive - Independent Director
Mr. UMANG MITUL MEHTANon-Executive - Independent Director
Mr. Deepak SutharCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Swarnsarita Jewels India Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

7

Dividend dividend11 Sept 2013 · ex-date₹0.5
Dividend dividend10 Sept 2012 · ex-date₹0.5
Dividend dividend21 Jul 2011 · ex-date₹0.5
Dividend dividend6 Sept 2010 · ex-date₹0.5
Dividend dividend8 Sept 2008 · ex-date₹1.2
Interim dividend7 Aug 2008 · ex-date₹0.6
Dividend dividend12 Sept 2007 · ex-date₹0.5

1

Board meeting to consider results14 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

16 Sept 2026, 1:53 pmCompany Update

Application To Exchange Under Reg.31A Of SEBI(LODR), Regulations, 2015 - Update

General PDF

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Ratio	Mar 2021	Mar 2022	Mar 2023
Margins
Gross margin %	3.2%	2.3%	2.8%
EBITDA margin %	1.8%	1.2%	1.6%

Date	Category	Subject	Filing
16 Sept 2026, 1:53 pm	Company Update General	Application To Exchange Under Reg.31A Of SEBI(LODR), Regulations, 2015 - Update	PDF
31 Aug 2026, 2:42 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
29 Aug 2026, 6:21 pm	Company Update Meeting Updates	Announcement under Regulation 30 (LODR)-Meeting Updates	PDF
29 Aug 2026, 6:18 pm	AGM/EGM AGM	Voting Results And Scrutinizer''s Report On Voting Of The 34Th Annual General Meeting Held On August 27, 2026	PDF
27 Aug 2026, 10:18 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
25 Aug 2026, 11:18 pm	Company Update Meeting Updates	Announcement under Regulation 30 (LODR)-Meeting Updates	PDF
25 Aug 2026, 11:13 pm	AGM/EGM AGM	Corrigendum To The Notice Of 34Th Annual General Meeting Of Shareholders	PDF
15 Aug 2026, 4:36 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
	1	-17	-2	-26	13	6	8	9
	-4	5	5	2	1	-1	2	1
	21	0	22	20	-35	7	2	-13
Net cash flow	18	-12	25	-4	-21	13	12	-3
Free cash flow	-1	-17	-2	-27	11	2	7	8
CFO / Operating profit %	—	—	—	—	—	60.1%	76.8%	65.6%

Leverage
Current ratio	1.74	2.04	1.9

Return ratios
Return on assets %	2.4%	3.1%	2.5%

Swarnsarita Jewels India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

7

1

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

7

1

Compounded sales growth

Compounded profit growth

Return on equity

Working capital
Receivable days	57	37	33

Swarnsarita Jewels India Ltd

About

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends7

Board meetings1

Announcements

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Ratio timeline

Annual reports

Credit ratings

Dividends7

Board meetings1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

7

1

7

1