About
Manoj Vaibhav Gems 'N' Jewellers Limited engages in the jewelry retail business under the Vaibhav Jewellers brand in India. The company offers gold bangles, harams, vaddanam, locket, vanky, chains, rings, maang tikka, necklace, earrings, pendants, mangalsutra, chokers, and bracelets, and accessories, as well as gold coins; and diamond bangles, bracelets, earrings, mangalsutra, necklace, nosepins, pendants, pendant sets, rings, and vaddanam. It also provides silver products, including silver gifts, pooja articles, dinner sets, jewellery, glasses and tumblers, and silver coins. The company also sells its products through its online portal. Manoj Vaibhav Gems 'N' Jewellers Limited was incorporated in 1989 and is based in Visakhapatnam, India.
Key Metrics
as of Sep 2026Market Cap879 Cr
P/E7.31
Div Yield0.00 %
Book Value₹171.00
52w High₹215.00
52w Low₹128.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 714.00 | 754.00 | 685.00 | 756.00 | 549.00 | 705.00 | 498.00 | 642.00 | 539.00 | 546.00 | 475.00 | 619.00 | 509.00 |
| Expenses | 669.00 | 716.00 | 630.00 | 700.00 | 512.00 | 659.00 | 460.00 | 598.00 | 502.00 | 510.00 | 441.00 | 577.00 | 472.00 |
| Operating Profit | 45.00 | 38.00 | 54.00 | 55.00 | 37.00 | 46.00 | 38.00 | 44.00 | 37.00 | 37.00 | 34.00 | 42.00 | 37.00 |
| OPM % | 6.00 | 5.00 | 8.00 | 7.00 | 7.00 | 6.00 | 8.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Other Income | 5.00 | 10.00 | 0.00 | 2.00 | 2.00 | 2.00 | 4.00 | 4.00 | 4.00 | 5.00 | 5.00 | 1.00 | 1.00 |
| Depreciation | 2.00 | 2.00 | 2.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 11.00 | 9.00 | 8.00 | 9.00 | 9.00 | 10.00 | 10.00 | 10.00 | 10.00 | 11.00 | 11.00 | 11.00 | 11.00 |
| Profit before tax | 37.00 | 37.00 | 44.00 | 45.00 | 28.00 | 36.00 | 29.00 | 36.00 | 29.00 | 28.00 | 25.00 | 30.00 | 26.00 |
| Tax % | 25.00 | 25.00 | 21.00 | 30.00 | 26.00 | 26.00 | 12.00 | 25.00 | 25.00 | 27.00 | 24.00 | 26.00 | 26.00 |
| Net Profit | 28.00 | 28.00 | 34.00 | 32.00 | 21.00 | 27.00 | 25.00 | 27.00 | 22.00 | 21.00 | 19.00 | 22.00 | 19.00 |
| EPS in Rs | 5.64 | 5.76 | 7.06 | 6.50 | 4.22 | 5.47 | 5.17 | 5.46 | 4.46 | 4.21 | 3.88 | 4.54 | 4.92 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Sales | 2,744.00 | 2,382.00 | 2,148.00 | 2,025.00 | 1,689.00 | 1,431.00 | 1,276.00 |
| Expenses | 2,559.00 | 2,217.00 | 1,997.00 | 1,881.00 | 1,584.00 | 1,350.00 | 1,193.00 |
| Operating Profit | 185.00 | 166.00 | 151.00 | 144.00 | 106.00 | 81.00 | 83.00 |
| OPM % | 7.00 | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 7.00 |
| Other Income | 14.00 | 13.00 | 11.00 | 4.00 | 4.00 | -2.00 | 5.00 |
| Interest | 36.00 | 41.00 | 45.00 | 44.00 | 42.00 | 43.00 | 46.00 |
| Depreciation | 10.00 | 8.00 | 8.00 | 9.00 | 9.00 | 9.00 | 9.00 |
| Profit before tax | 154.00 | 130.00 | 109.00 | 96.00 | 58.00 | 28.00 | 33.00 |
| Tax % | 25.00 | 23.00 | 26.00 | 25.00 | 25.00 | 25.00 | 27.00 |
| Net Profit | 115.00 | 100.00 | 81.00 | 72.00 | 44.00 | 21.00 | 24.00 |
| EPS in Rs | 23.54 | 20.56 | 16.57 | 18.32 | 44.71 | 21.23 | 24.96 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Equity Capital | 49.00 | 49.00 | 49.00 | 39.00 | 10.00 | 10.00 | 10.00 |
| Reserves | 785.00 | 670.00 | 569.00 | 305.00 | 263.00 | 219.00 | 198.00 |
| Borrowings | 491.00 | 400.00 | 429.00 | 485.00 | 503.00 | 489.00 | 467.00 |
| Other Liabilities | 540.00 | 380.00 | 352.00 | 248.00 | 124.00 | 85.00 | 143.00 |
| Total Liabilities | 1,865.00 | 1,498.00 | 1,399.00 | 1,078.00 | 900.00 | 803.00 | 819.00 |
| Fixed Assets | 82.00 | 88.00 | 78.00 | 83.00 | 87.00 | 93.00 | 121.00 |
| CWIP | 1.00 | 0.00 | 1.00 | 1.00 | 3.00 | 7.00 | 17.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 1,781.00 | 1,410.00 | 1,321.00 | 994.00 | 809.00 | 704.00 | 681.00 |
| Total Assets | 1,865.00 | 1,498.00 | 1,399.00 | 1,078.00 | 900.00 | 803.00 | 819.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 26.00 | -67.00 | 60.00 | 69.00 | 9.00 | -12.00 | 33.00 |
| Cash from Investing Activity | 2.00 | 127.00 | -126.00 | -4.00 | 1.00 | 11.00 | -6.00 |
| Cash from Financing Activity | 55.00 | -76.00 | 94.00 | -59.00 | -26.00 | 4.00 | -37.00 |
| Net Cash Flow | 83.00 | -16.00 | 28.00 | 7.00 | -15.00 | 4.00 | -9.00 |
| Free Cash Flow | 22.00 | -78.00 | 58.00 | 68.00 | 9.00 | -4.00 | 18.00 |
| CFO/OP % | 32.00 | -20.00 | 58.00 | 66.00 | 22.00 | -2.00 | 61.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Debtor Days | 4.00 | 5.00 | 5.00 | 4.00 | 4.00 | 5.00 | 2.00 |
| Inventory Days | 246.00 | 231.00 | 211.00 | 193.00 | 188.00 | 184.00 | 212.00 |
| Days Payable | 26.00 | 25.00 | 19.00 | 8.00 | 22.00 | 17.00 | 34.00 |
| Cash Conversion Cycle | 225.00 | 211.00 | 196.00 | 190.00 | 171.00 | 172.00 | 181.00 |
| Working Capital Days | 89.00 | 97.00 | 71.00 | 67.00 | 64.00 | 61.00 | 38.00 |
| ROCE % | 16.00 | 16.00 | 16.00 | 17.00 | 13.00 | 12.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update10 Jul from icra
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Rating update7 Jul 2025 from icra
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Rating update13 May 2025 from icra
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Rating update7 May 2024 from icra
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Rating update6 Mar 2023 from icra
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Rating update28 Nov 2022 from icra