PC Jeweller Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 3, 2025, 12:01 am

Market Cap	7,862 Cr.
Current Price	12.4
High / Low	19.6/4.41
Stock P/E	13.6
Book Value	9.74
Dividend Yield	0.00 %
ROCE	6.53 %
ROE	12.7 %
Face Value	1.00
PEG Ratio	0.34

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for PC Jeweller Ltd

Competitors of PC Jeweller Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Thangamayil Jewellery Ltd	5,956 Cr.	1,919	2,567/1,125	50.2	355	0.52 %	13.7 %	14.9 %	10.0
Silgo Retail Ltd	96.6 Cr.	52.2	60.4/26.2	21.6	31.6	0.00 %	10.5 %	7.96 %	10.0
Shubhlaxmi Jewel Art Ltd	15.9 Cr.	18.1	43.6/14.5	17.7	25.6	0.00 %	7.63 %	4.07 %	10.0
Renaissance Global Ltd	1,385 Cr.	129	207/87.4	18.8	130	0.00 %	7.06 %	5.80 %	2.00
Rajesh Exports Ltd	5,951 Cr.	201	332/151	97.0	526	0.00 %	3.23 %	2.24 %	1.00
Industry Average	4,279.40 Cr	322.48		176.13	139.32	0.07%	6.63%	9.17%	6.75

All Competitor Stocks of PC Jeweller Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	189	547	898	854	173	68	449	40	48	401	505	639	699
Expenses	379	463	750	818	194	111	503	113	50	350	419	527	554
Operating Profit	-190	85	147	36	-20	-43	-54	-73	-2	52	86	112	145
OPM %	-101%	15%	16%	4%	-12%	-64%	-12%	-182%	-3%	13%	17%	18%	21%
Other Income	39	76	61	29	-2	5	45	3	11	39	44	44	1
Interest	114	122	122	125	124	125	124	126	130	2	2	3	45
Depreciation	7	7	7	7	7	7	5	5	4	4	4	5	5
Profit before tax	-273	33	79	-67	-152	-170	-137	-201	-124	85	123	148	96
Tax %	-37%	-129%	-9%	-9%	98%	1%	1%	-1%	-2%	-84%	-45%	0%	2%
Net Profit	-173	74	86	-61	-302	-172	-138	-198	-122	156	179	148	95
EPS in Rs	-0.37	0.16	0.18	-0.13	-0.65	-0.37	-0.30	-0.43	-0.26	0.34	0.38	0.25	0.15

Last Updated: May 31, 2025, 8:10 am

Below is a detailed analysis of the quarterly data for PC Jeweller Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 699.00 Cr.. The value appears strong and on an upward trend. It has increased from 639.00 Cr. (Dec 2024) to 699.00 Cr., marking an increase of 60.00 Cr..
For Expenses, as of Mar 2025, the value is 554.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 527.00 Cr. (Dec 2024) to 554.00 Cr., marking an increase of 27.00 Cr..
For Operating Profit, as of Mar 2025, the value is 145.00 Cr.. The value appears strong and on an upward trend. It has increased from 112.00 Cr. (Dec 2024) to 145.00 Cr., marking an increase of 33.00 Cr..
For OPM %, as of Mar 2025, the value is 21.00%. The value appears strong and on an upward trend. It has increased from 18.00% (Dec 2024) to 21.00%, marking an increase of 3.00%.
For Other Income, as of Mar 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 44.00 Cr. (Dec 2024) to 1.00 Cr., marking a decrease of 43.00 Cr..
For Interest, as of Mar 2025, the value is 45.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3.00 Cr. (Dec 2024) to 45.00 Cr., marking an increase of 42.00 Cr..
For Depreciation, as of Mar 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 5.00 Cr..
For Profit before tax, as of Mar 2025, the value is 96.00 Cr.. The value appears to be declining and may need further review. It has decreased from 148.00 Cr. (Dec 2024) to 96.00 Cr., marking a decrease of 52.00 Cr..
For Tax %, as of Mar 2025, the value is 2.00%. The value appears to be increasing, which may not be favorable. It has increased from 0.00% (Dec 2024) to 2.00%, marking an increase of 2.00%.
For Net Profit, as of Mar 2025, the value is 95.00 Cr.. The value appears to be declining and may need further review. It has decreased from 148.00 Cr. (Dec 2024) to 95.00 Cr., marking a decrease of 53.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 0.15. The value appears to be declining and may need further review. It has decreased from 0.25 (Dec 2024) to 0.15, marking a decrease of 0.10.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 3, 2025, 1:37 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	3,990	5,325	6,361	7,301	8,464	9,610	8,672	5,206	2,825	1,605	2,472	604	1,594
Expenses	3,507	4,726	5,631	6,543	7,699	8,620	8,374	4,749	2,410	1,696	2,216	774	1,346
Operating Profit	482	599	730	758	765	990	298	457	415	-91	256	-170	248
OPM %	12%	11%	11%	10%	9%	10%	3%	9%	15%	-6%	10%	-28%	16%
Other Income	20	36	59	50	97	92	77	80	24	53	163	64	137
Interest	127	153	227	251	286	324	354	374	396	442	499	505	136
Depreciation	10	12	23	23	22	21	19	37	35	28	27	20	17
Profit before tax	365	469	540	534	554	737	2	125	8	-508	-108	-632	232
Tax %	20%	24%	30%	25%	24%	27%	70%	34%	-694%	-23%	88%	-0%
Net Profit	291	356	378	398	421	536	1	83	62	-391	-203	-629	361
EPS in Rs	0.81	0.99	1.06	1.11	1.18	1.36	0.00	0.21	0.13	-0.84	-0.44	-1.35	0.71
Dividend Payout %	6%	15%	15%	15%	4%	4%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	22.34%	6.18%	5.29%	5.78%	27.32%	-99.81%	8200.00%	-25.30%	-730.65%	48.08%	-209.85%
Change in YoY Net Profit Growth (%)	0.00%	-16.16%	-0.89%	0.49%	21.54%	-127.13%	8299.81%	-8225.30%	-705.34%	778.73%	-257.93%

PC Jeweller Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-10%
5 Years:	-15%
3 Years:	12%
TTM:	271%

Compounded Profit Growth
10 Years:	5%
5 Years:	47%
3 Years:	52%
TTM:	192%

Stock Price CAGR
10 Years:	-3%
5 Years:	57%
3 Years:	75%
1 Year:	154%

Return on Equity
10 Years:	2%
5 Years:	-3%
3 Years:	-2%
Last Year:	13%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:54 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	179	179	179	179	179	394	395	395	465	465	465	465	465
Reserves	1,210	1,503	1,811	2,230	3,173	3,487	3,526	3,608	3,804	3,423	3,225	2,466	2,963
Borrowings	233	1,004	682	970	803	1,116	2,121	2,429	2,414	3,391	3,736	4,150	4,010
Other Liabilities	1,813	1,546	2,052	2,371	3,242	3,987	1,608	1,465	1,214	266	209	188	81
Total Liabilities	3,435	4,233	4,724	5,751	7,397	8,984	7,649	7,897	7,898	7,545	7,636	7,269	7,519
Fixed Assets	63	84	90	91	88	93	74	169	139	121	115	71	67
CWIP	1	1	0	0	0	1	1	1	0	0	1	0	0
Investments	443	185	13	8	9	19	8	8	15	3	2	3	2
Other Assets	2,929	3,963	4,621	5,652	7,299	8,872	7,566	7,720	7,744	7,421	7,518	7,196	7,450
Total Assets	3,435	4,233	4,724	5,751	7,397	8,984	7,649	7,897	7,898	7,545	7,636	7,269	7,519

Below is a detailed analysis of the balance sheet data for PC Jeweller Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is 465.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 465.00 Cr..
For Reserves, as of Sep 2024, the value is 2,963.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,466.00 Cr. (Mar 2024) to 2,963.00 Cr., marking an increase of 497.00 Cr..
For Borrowings, as of Sep 2024, the value is 4,010.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 4,150.00 Cr. (Mar 2024) to 4,010.00 Cr., marking a decrease of 140.00 Cr..
For Other Liabilities, as of Sep 2024, the value is 81.00 Cr.. The value appears to be improving (decreasing). It has decreased from 188.00 Cr. (Mar 2024) to 81.00 Cr., marking a decrease of 107.00 Cr..
For Total Liabilities, as of Sep 2024, the value is 7,519.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,269.00 Cr. (Mar 2024) to 7,519.00 Cr., marking an increase of 250.00 Cr..
For Fixed Assets, as of Sep 2024, the value is 67.00 Cr.. The value appears to be declining and may need further review. It has decreased from 71.00 Cr. (Mar 2024) to 67.00 Cr., marking a decrease of 4.00 Cr..
For CWIP, as of Sep 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is 2.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Mar 2024) to 2.00 Cr., marking a decrease of 1.00 Cr..
For Other Assets, as of Sep 2024, the value is 7,450.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,196.00 Cr. (Mar 2024) to 7,450.00 Cr., marking an increase of 254.00 Cr..
For Total Assets, as of Sep 2024, the value is 7,519.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,269.00 Cr. (Mar 2024) to 7,519.00 Cr., marking an increase of 250.00 Cr..

However, the Borrowings (4,010.00 Cr.) are higher than the Reserves (₹2,963.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-786	333	16	794	358	-1,931	76	91	-719	100	64	-633
Cash from Investing Activity +	246	213	-25	-530	-378	978	38	94	115	30	7	2
Cash from Financing Activity +	571	-565	16	47	-4	652	-170	-156	570	-111	-108	688
Net Cash Flow	31	-19	7	312	-24	-302	-57	30	-34	19	-37	57

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	249.00	598.00	48.00	-212.00	-38.00	989.00	296.00	455.00	413.00	-94.00	253.00	-174.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	62	43	45	49	66	70	84	132	185	65	63	110
Inventory Days	186	194	219	225	206	232	227	434	954	1,465	1,012	3,044
Days Payable	176	105	123	126	147	160	57	87	150	4	3	7
Cash Conversion Cycle	71	132	140	147	125	142	253	479	988	1,526	1,072	3,147
Working Capital Days	69	136	126	142	114	121	234	417	808	1,307	896	3,434
ROCE %	36%	29%	28%	26%	22%	23%	7%	8%	6%	-1%	5%	-2%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	54.53%	54.53%	54.53%	54.53%	54.53%	54.53%	54.53%	54.53%	54.53%	54.53%	54.53%	54.53%
FIIs	0.79%	0.80%	0.99%	1.12%	1.41%	2.15%	1.65%	1.04%	0.84%	0.78%	0.93%	2.57%
DIIs	1.49%	1.49%	1.49%	1.49%	1.49%	1.45%	1.45%	1.45%	1.49%	1.45%	1.45%	1.45%
Public	43.19%	43.17%	42.97%	42.85%	42.56%	41.87%	42.36%	42.98%	43.15%	43.24%	43.08%	41.45%
No. of Shareholders	2,18,769	2,19,332	2,16,619	2,06,811	1,87,383	1,72,881	1,93,185	2,01,246	2,25,916	2,30,352	2,10,400	2,09,539

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-13.52	-4.37	-8.40	1.53	2.10
Diluted EPS (Rs.)	-13.52	-4.37	-8.40	1.53	2.10
Cash EPS (Rs.)	-13.09	-3.78	-7.80	2.08	3.05
Book Value[Excl.RevalReserv]/Share (Rs.)	62.98	79.30	83.56	91.73	101.34
Book Value[Incl.RevalReserv]/Share (Rs.)	62.98	79.30	83.56	91.73	101.34
Revenue From Operations / Share (Rs.)	13.01	53.13	34.51	60.73	131.82
PBDIT / Share (Rs.)	-2.29	8.84	-0.92	9.38	13.47
PBIT / Share (Rs.)	-2.73	8.25	-1.52	8.63	12.52
PBT / Share (Rs.)	-13.57	-2.32	-10.92	0.16	3.17
Net Profit / Share (Rs.)	-13.52	-4.37	-8.40	1.33	2.10
NP After MI And SOA / Share (Rs.)	-13.52	-4.37	-8.40	1.33	2.10
PBDIT Margin (%)	-17.64	16.63	-2.67	15.44	10.21
PBIT Margin (%)	-21.01	15.53	-4.39	14.21	9.49
PBT Margin (%)	-104.35	-4.36	-31.63	0.27	2.40
Net Profit Margin (%)	-103.95	-8.21	-24.34	2.19	1.59
NP After MI And SOA Margin (%)	-103.95	-8.21	-24.34	2.19	1.59
Return on Networth / Equity (%)	-21.46	-5.50	-10.05	1.45	2.07
Return on Capital Employeed (%)	-4.27	10.18	-1.77	9.20	11.91
Return On Assets (%)	-8.65	-2.66	-5.18	0.78	1.05
Total Debt / Equity (X)	1.39	0.98	0.84	0.53	0.57
Asset Turnover Ratio (%)	0.08	0.32	0.20	0.33	0.63
Current Ratio (X)	1.37	1.63	2.02	2.16	2.04
Quick Ratio (X)	0.05	0.13	0.43	0.48	0.59
Inventory Turnover Ratio (X)	0.09	0.35	0.18	0.52	0.89
Interest Coverage Ratio (X)	-0.21	0.83	-0.09	1.11	1.44
Interest Coverage Ratio (Post Tax) (X)	-0.24	0.58	0.10	1.16	1.22
Enterprise Value (Cr.)	6580.15	4831.86	4190.56	3375.51	2499.07
EV / Net Operating Revenue (X)	10.87	1.95	2.61	1.19	0.47
EV / EBITDA (X)	-61.59	11.75	-97.66	7.73	4.70
MarketCap / Net Operating Revenue (X)	4.13	0.50	0.60	0.44	0.08
Price / BV (X)	0.85	0.33	0.24	0.29	0.11
Price / Net Operating Revenue (X)	4.13	0.50	0.60	0.44	0.08
EarningsYield	-0.25	-0.16	-0.40	0.04	0.18

After reviewing the key financial ratios for PC Jeweller Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is -13.52. This value is below the healthy minimum of 5. It has decreased from -4.37 (Mar 23) to -13.52, marking a decrease of 9.15.
For Diluted EPS (Rs.), as of Mar 24, the value is -13.52. This value is below the healthy minimum of 5. It has decreased from -4.37 (Mar 23) to -13.52, marking a decrease of 9.15.
For Cash EPS (Rs.), as of Mar 24, the value is -13.09. This value is below the healthy minimum of 3. It has decreased from -3.78 (Mar 23) to -13.09, marking a decrease of 9.31.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 62.98. It has decreased from 79.30 (Mar 23) to 62.98, marking a decrease of 16.32.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 62.98. It has decreased from 79.30 (Mar 23) to 62.98, marking a decrease of 16.32.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 13.01. It has decreased from 53.13 (Mar 23) to 13.01, marking a decrease of 40.12.
For PBDIT / Share (Rs.), as of Mar 24, the value is -2.29. This value is below the healthy minimum of 2. It has decreased from 8.84 (Mar 23) to -2.29, marking a decrease of 11.13.
For PBIT / Share (Rs.), as of Mar 24, the value is -2.73. This value is below the healthy minimum of 0. It has decreased from 8.25 (Mar 23) to -2.73, marking a decrease of 10.98.
For PBT / Share (Rs.), as of Mar 24, the value is -13.57. This value is below the healthy minimum of 0. It has decreased from -2.32 (Mar 23) to -13.57, marking a decrease of 11.25.
For Net Profit / Share (Rs.), as of Mar 24, the value is -13.52. This value is below the healthy minimum of 2. It has decreased from -4.37 (Mar 23) to -13.52, marking a decrease of 9.15.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is -13.52. This value is below the healthy minimum of 2. It has decreased from -4.37 (Mar 23) to -13.52, marking a decrease of 9.15.
For PBDIT Margin (%), as of Mar 24, the value is -17.64. This value is below the healthy minimum of 10. It has decreased from 16.63 (Mar 23) to -17.64, marking a decrease of 34.27.
For PBIT Margin (%), as of Mar 24, the value is -21.01. This value is below the healthy minimum of 10. It has decreased from 15.53 (Mar 23) to -21.01, marking a decrease of 36.54.
For PBT Margin (%), as of Mar 24, the value is -104.35. This value is below the healthy minimum of 10. It has decreased from -4.36 (Mar 23) to -104.35, marking a decrease of 99.99.
For Net Profit Margin (%), as of Mar 24, the value is -103.95. This value is below the healthy minimum of 5. It has decreased from -8.21 (Mar 23) to -103.95, marking a decrease of 95.74.
For NP After MI And SOA Margin (%), as of Mar 24, the value is -103.95. This value is below the healthy minimum of 8. It has decreased from -8.21 (Mar 23) to -103.95, marking a decrease of 95.74.
For Return on Networth / Equity (%), as of Mar 24, the value is -21.46. This value is below the healthy minimum of 15. It has decreased from -5.50 (Mar 23) to -21.46, marking a decrease of 15.96.
For Return on Capital Employeed (%), as of Mar 24, the value is -4.27. This value is below the healthy minimum of 10. It has decreased from 10.18 (Mar 23) to -4.27, marking a decrease of 14.45.
For Return On Assets (%), as of Mar 24, the value is -8.65. This value is below the healthy minimum of 5. It has decreased from -2.66 (Mar 23) to -8.65, marking a decrease of 5.99.
For Total Debt / Equity (X), as of Mar 24, the value is 1.39. This value exceeds the healthy maximum of 1. It has increased from 0.98 (Mar 23) to 1.39, marking an increase of 0.41.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.08. It has decreased from 0.32 (Mar 23) to 0.08, marking a decrease of 0.24.
For Current Ratio (X), as of Mar 24, the value is 1.37. This value is below the healthy minimum of 1.5. It has decreased from 1.63 (Mar 23) to 1.37, marking a decrease of 0.26.
For Quick Ratio (X), as of Mar 24, the value is 0.05. This value is below the healthy minimum of 1. It has decreased from 0.13 (Mar 23) to 0.05, marking a decrease of 0.08.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.09. This value is below the healthy minimum of 4. It has decreased from 0.35 (Mar 23) to 0.09, marking a decrease of 0.26.
For Interest Coverage Ratio (X), as of Mar 24, the value is -0.21. This value is below the healthy minimum of 3. It has decreased from 0.83 (Mar 23) to -0.21, marking a decrease of 1.04.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is -0.24. This value is below the healthy minimum of 3. It has decreased from 0.58 (Mar 23) to -0.24, marking a decrease of 0.82.
For Enterprise Value (Cr.), as of Mar 24, the value is 6,580.15. It has increased from 4,831.86 (Mar 23) to 6,580.15, marking an increase of 1,748.29.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 10.87. This value exceeds the healthy maximum of 3. It has increased from 1.95 (Mar 23) to 10.87, marking an increase of 8.92.
For EV / EBITDA (X), as of Mar 24, the value is -61.59. This value is below the healthy minimum of 5. It has decreased from 11.75 (Mar 23) to -61.59, marking a decrease of 73.34.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 4.13. This value exceeds the healthy maximum of 3. It has increased from 0.50 (Mar 23) to 4.13, marking an increase of 3.63.
For Price / BV (X), as of Mar 24, the value is 0.85. This value is below the healthy minimum of 1. It has increased from 0.33 (Mar 23) to 0.85, marking an increase of 0.52.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 4.13. This value exceeds the healthy maximum of 3. It has increased from 0.50 (Mar 23) to 4.13, marking an increase of 3.63.
For EarningsYield, as of Mar 24, the value is -0.25. This value is below the healthy minimum of 5. It has decreased from -0.16 (Mar 23) to -0.25, marking a decrease of 0.09.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of PC Jeweller Ltd as of June 2, 2025 is: 13.73

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 2, 2025, PC Jeweller Ltd is Undervalued by 10.73% compared to the current share price 12.40

Intrinsic Value of PC Jeweller Ltd as of June 2, 2025 is: 19.28

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 2, 2025, PC Jeweller Ltd is Undervalued by 55.48% compared to the current share price 12.40

Last 5 Year EPS CAGR: 40.43%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 15.58%, which is a positive sign. The company has higher reserves (2,802.23 cr) compared to borrowings (2,081.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (50.85 cr) and profit (178.31 cr) over the years.	The stock has a high average Working Capital Days of 255.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 206.83, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in PC Jeweller Ltd:
1. Net Profit Margin: -103.95%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: -4.27% (Industry Average ROCE: 6.63%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: -21.46% (Industry Average ROE: 9.17%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): -0.24
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.05
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 13.6 (Industry average Stock P/E: 154.11)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.39
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

PC Jeweller Ltd. is a Public Limited Listed company incorporated on 13/04/2005 and has its registered office in the State of Delhi, India. Company's Corporate Identification Number(CIN) is L36911DL2005PLC134929 and registration number is 134929. Currently Company is involved in the business activities of Manufacture of jewellery and related articles. Company's Total Operating Revenue is Rs. 2243.25 Cr. and Equity Capital is Rs. 635.53 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Gems, Jewellery & Precious Metals	2713, 3rd Floor, Bank Street, New Delhi Delhi 110005	investors@pcjeweller.com http://www.pcjeweller.com

Management
Name	Position Held
Mr. Balram Garg	Managing Director
Mr. Ramesh Kumar Sharma	Executive Director
Mrs. Sannovanda Machaiah Swathi	Independent Director
Dr. Manohar Lal Singla	Independent Director
Mr. Krishan Kumar Khurana	Independent Director
Mr. Miyar Ramanath Nayak	Independent Director

FAQ

What is the intrinsic value of PC Jeweller Ltd?

PC Jeweller Ltd's intrinsic value (as of 02 June 2025) is ₹13.73 — 10.73% higher the current market price of 12.40, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 7,862 Cr. market cap, FY2025-2026 high/low of ₹19.6/4.41, reserves of 2,963 Cr, and liabilities of 7,519 Cr.

What is the Market Cap of PC Jeweller Ltd?

The Market Cap of PC Jeweller Ltd is 7,862 Cr..

What is the current Stock Price of PC Jeweller Ltd as on 02 June 2025?

The current stock price of PC Jeweller Ltd as on 02 June 2025 is 12.4.

What is the High / Low of PC Jeweller Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of PC Jeweller Ltd stocks is ₹19.6/4.41.

What is the Stock P/E of PC Jeweller Ltd?

The Stock P/E of PC Jeweller Ltd is 13.6.

What is the Book Value of PC Jeweller Ltd?

The Book Value of PC Jeweller Ltd is 9.74.

What is the Dividend Yield of PC Jeweller Ltd?

The Dividend Yield of PC Jeweller Ltd is 0.00 %.

What is the ROCE of PC Jeweller Ltd?

The ROCE of PC Jeweller Ltd is 6.53 %.

What is the ROE of PC Jeweller Ltd?

The ROE of PC Jeweller Ltd is 12.7 %.

What is the Face Value of PC Jeweller Ltd?

The Face Value of PC Jeweller Ltd is 1.00.