Shubhlaxmi Jewel Art Ltd: Intrinsic Value & Share Price Analysis

Q: What is the current share price and 52-week range of Shubhlaxmi Jewel Art Ltd?

Shubhlaxmi Jewel Art Ltd is trading at 19.40 as of 13 September 2026, with a FY2026-2027 high of 40.0 and low of 13.4. The stock is currently near its 52-week low. Market cap stands at 20.6 Cr..

Q: Is Shubhlaxmi Jewel Art Ltd financially healthy?

Key indicators: ROCE of 6.86 % is on the lower side. Dividend yield is 0.00 %.

Q: Is Shubhlaxmi Jewel Art Ltd profitable and how is the profit trend?

Shubhlaxmi Jewel Art Ltd reported a net profit of 1 Cr in Mar 2025 on revenue of 55 Cr. Compared to 1 Cr in Mar 2022, the net profit shows an improving trend.

Fair Value

₹16.20Overvalued by 16.49%vs CMP ₹19.40

P/E (19.4) × ROE (4.6%) × BV (₹22.30) × DY (2.00%)

₹29.16Undervalued by 50.31%vs CMP ₹19.40

MoS: +33.5% (Strong)Confidence: 54/100 (Moderate)Models: 6 Under, 1 Fair, 1 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹19.64	26%	Fair (+1.2%)
Graham Number	Earnings	₹35.13	19%	Under (+81.1%)
DCF	Cash Flow	₹47.71	12%	Under (+145.9%)
Net Asset Value	Assets	₹22.25	8%	Under (+14.7%)
EV/EBITDA	Enterprise	₹10.24	10%	Over (-47.2%)
Earnings Yield	Earnings	₹24.60	8%	Under (+26.8%)
ROCE Capital	Returns	₹50.03	10%	Under (+157.9%)
Revenue Multiple	Revenue	₹25.85	6%	Under (+33.2%)
Consensus (8 models)		₹29.16	100%	Undervalued

Key Drivers: ROE 4.6% is below cost of equity. | Wide model spread (₹10–₹50) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 21.2%

*Investments are subject to market risks

Analyst Summary

Shubhlaxmi Jewel Art Ltd operates in the Diamond Cutting/Precious Metals/Jewellery segment, current market price is ₹19.40, market cap is 20.6 Cr.. At a glance, stock P/E is 19.4, ROE is 4.59 %, ROCE is 6.86 %, book value is 22.3, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹29.16, which is about 50.3% above the current price, so the page currently reads as potentially undervalued rather than fully priced. On operating trend, latest reported sales are about ₹55 Cr versus the prior period change of -19.3%, while latest net profit is about ₹1 Cr with a prior-period change of -26.2%. The 52-week range shown on this page is 40.0/13.4, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisShubhlaxmi Jewel Art Ltd. is a Public Limited Listed company incorporated on 02/05/2018 and has its registered office in the State of Gujarat, India. Company's Corporate Identification Number(CIN) is…

This summary is generated from the stock page data available for Shubhlaxmi Jewel Art Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Shubhlaxmi Jewel Art Ltd scores 49/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health54/100 · Moderate

ROCE 6.9% WeakROE 4.6% WeakD/E 0.28 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money35/100 · Weak

Promoter decreased by 6.31% Caution

Earnings Quality40/100 · Moderate

OPM stable around 4% SteadyWorking capital: 154 days Capital intensive

Quarterly Momentum65/100 · Strong

Revenue (4Q): -16% YoY DecliningProfit (4Q): +66% YoY StrongOPM: 18.5% (up 12.7% YoY) Margin expansion

Industry Rank45/100 · Moderate

P/E 19.4 vs industry 108.3 Cheaper than peersROCE 6.9% vs industry 8.1% AverageROE 4.6% vs industry 10.3% Below peers3Y sales CAGR: -4% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: August 25, 2026, 8:06 am

Market Cap	20.6 Cr.
Current Price	19.4
Intrinsic Value	₹29.16
High / Low	40.0/13.4
Stock P/E	19.4
Book Value	22.3
Dividend Yield	0.00 %
ROCE	6.86 %
ROE	4.59 %
Face Value	10.0
PEG Ratio	0.91

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Shubhlaxmi Jewel Art Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Shubhlaxmi Jewel Art Ltd	20.6 Cr.	19.4	40.0/13.4	19.4	22.3	0.00 %	6.86 %	4.59 %	10.0
PC Jeweller Ltd	10,844 Cr.	11.1	15.4/7.45	14.0	9.45	0.00 %	9.58 %	9.96 %	1.00
Rajesh Exports Ltd	2,282 Cr.	77.3	239/72.6	13.5	585	0.00 %	1.86 %	0.68 %	1.00
Renaissance Global Ltd	1,421 Cr.	132	148/85.0	13.0	141	0.00 %	8.00 %	6.88 %	2.00
Silgo Retail Ltd	231 Cr.	72.4	86.2/57.4	34.0	43.1	0.00 %	8.17 %	5.87 %	10.0
Industry Average	5,337.83 Cr	747.69		108.34	161.32	0.04%	8.09%	10.29%	6.75

All Competitor Stocks of Shubhlaxmi Jewel Art Ltd

Quarterly Result

Metric	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Sep 2021	Mar 2022	Sep 2022	Mar 2023	Sep 2023	Mar 2024	Sep 2024	Mar 2025	Sep 2025
Sales	22.45	31.02	8.46	20.70	23.71	37.99	35.74	41.86	26.72	41.64	23.98	31.11	22.38
Expenses	21.43	29.57	7.23	19.14	22.84	36.94	34.73	40.63	25.17	40.93	22.04	30.30	18.25
Operating Profit	1.02	1.45	1.23	1.56	0.87	1.05	1.01	1.23	1.55	0.71	1.94	0.81	4.13
OPM %	4.54%	4.67%	14.54%	7.54%	3.67%	2.76%	2.83%	2.94%	5.80%	1.71%	8.09%	2.60%	18.45%
Other Income	0.00	0.00	0.05	0.00	0.00	0.00	0.05	0.33	0.37	0.36	0.00	0.00	0.02
Interest	0.39	0.34	0.34	0.24	0.25	0.50	0.40	0.70	0.55	0.55	0.59	0.65	0.55
Depreciation	0.07	0.07	0.07	0.07	0.06	0.06	0.06	0.08	0.09	0.11	0.08	0.07	0.07
Profit before tax	0.56	1.04	0.87	1.25	0.56	0.49	0.60	0.78	1.28	0.41	1.27	0.09	3.53
Tax %	23.21%	25.00%	25.29%	24.80%	26.79%	22.45%	26.67%	26.92%	27.34%	29.27%	26.77%	133.33%	25.50%
Net Profit	0.43	0.78	0.65	0.95	0.41	0.37	0.44	0.57	0.93	0.29	0.93	-0.02	2.63
EPS in Rs	0.52	0.94	0.78	1.14	0.49	0.45	0.50	0.65	0.88	0.27	0.88	-0.02	2.48

Last Updated: December 29, 2025, 3:58 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: December 15, 2025, 4:38 am

Metric	Mar 2019n n 11m	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	51.23	53.09	29.12	61.49	77.26	68.07	54.90	53.49
Expenses	48.80	50.62	26.33	59.46	74.88	65.69	52.02	48.55
Operating Profit	2.43	2.47	2.79	2.03	2.38	2.38	2.88	4.94
OPM %	4.74%	4.65%	9.58%	3.30%	3.08%	3.50%	5.25%	9.24%
Other Income	0.01	0.00	0.05	0.00	0.38	0.69	0.00	0.02
Interest	0.75	0.73	0.58	0.86	1.23	1.19	1.36	1.20
Depreciation	0.33	0.14	0.15	0.12	0.14	0.20	0.15	0.14
Profit before tax	1.36	1.60	2.11	1.05	1.39	1.68	1.37	3.62
Tax %	25.74%	24.38%	24.17%	24.76%	26.62%	27.38%	32.85%
Net Profit	1.00	1.21	1.59	0.78	1.02	1.22	0.90	2.61
EPS in Rs	1.20	1.46	1.91	0.94	1.16	1.15	0.85	2.46
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	31.40%	-50.94%	30.77%	19.61%	-26.23%
Change in YoY Net Profit Growth (%)	0.00%	-82.35%	81.71%	-11.16%	-45.84%

Shubhlaxmi Jewel Art Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	1%
3 Years:	-4%
TTM:	-19%

Compounded Profit Growth
10 Years:	%
5 Years:	-6%
3 Years:	5%
TTM:	-28%

Stock Price CAGR
10 Years:	%
5 Years:	-10%
3 Years:	-25%
1 Year:	-43%

Return on Equity
10 Years:	%
5 Years:	6%
3 Years:	5%
Last Year:	4%

Last Updated: September 5, 2025, 1:31 pm

Balance Sheet

Last Updated: July 20, 2026, 4:30 am

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	8.30	8.30	8.30	8.30	8.80	10.60	10.60	10.60
Reserves	4.33	5.54	7.13	8.72	9.76	11.07	11.97	13.03
Borrowings	7.70	7.10	5.01	6.55	11.53	10.55	13.59	13.37
Other Liabilities	4.13	1.82	4.27	2.93	4.20	3.66	5.52	15.57
Total Liabilities	24.46	22.76	24.71	26.50	34.29	35.88	41.68	52.57
Fixed Assets	1.99	2.04	1.89	1.79	1.94	1.92	1.84	1.73
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	22.47	20.72	22.82	24.71	32.35	33.96	39.84	50.84
Total Assets	24.46	22.76	24.71	26.50	34.29	35.88	41.68	52.57

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	-14.72	1.05	2.35	-1.89	1.23	-0.47	-1.70	0.80
Cash from Investing Activity +	-2.32	-0.19	-0.01	-0.02	0.09	0.50	-0.07	-0.03
Cash from Financing Activity +	17.62	-1.00	-2.59	1.86	-1.16	-0.18	1.87	-0.95
Net Cash Flow	0.57	-0.14	-0.25	-0.05	0.16	-0.14	0.10	-0.18
Free Cash Flow	-17.04	0.86	2.34	-1.91	0.94	-0.70	-1.77	0.77
CFO/OP	-592%	60%	103%	-78%	65%	-4%	-48%	39%

Free Cash Flow

Month	Mar 2019n n 11m	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	2.43	-4.63	-2.22	-4.52	-9.15	-8.17	-10.71

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 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	11.76	8.80	15.79	12.82	6.66	9.12	7.58
Inventory Days	154.36	145.68	329.99	136.97	124.92	186.58	288.91
Days Payable	23.77	4.41	33.27	5.19	7.40	7.14	9.26
Cash Conversion Cycle	142.34	150.07	312.51	144.60	124.18	188.55	287.22
Working Capital Days	82.79	87.45	168.84	101.74	90.19	118.45	153.98
ROCE %		11.29%	13.00%	8.68%	9.77%	9.34%	7.98%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	64.95%	64.95%	64.95%	60.21%	60.21%	58.87%	56.29%	56.29%	56.20%	63.64%	63.62%	57.31%
Public	35.05%	35.05%	35.05%	39.79%	39.79%	41.13%	43.71%	43.71%	43.80%	36.36%	36.38%	42.69%
No. of Shareholders	556	587	595	693	810	929	907	919	910	798	782	769

Shareholding Pattern Chart

No. of Shareholders

Shubhlaxmi Jewel Art Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	0.85	1.22	1.18	0.94	1.92
Diluted EPS (Rs.)	0.85	1.22	1.01	0.91	1.92
Cash EPS (Rs.)	0.99	1.34	1.31	1.09	2.10
Book Value[Excl.RevalReserv]/Share (Rs.)	21.29	20.43	21.08	20.50	18.59
Book Value[Incl.RevalReserv]/Share (Rs.)	21.29	20.43	21.08	20.50	18.59
Revenue From Operations / Share (Rs.)	51.95	64.46	88.14	74.31	35.12
PBDIT / Share (Rs.)	2.60	2.81	2.98	2.31	3.42
PBIT / Share (Rs.)	2.45	2.63	2.82	2.16	3.25
PBT / Share (Rs.)	1.28	1.59	1.58	1.26	2.54
Net Profit / Share (Rs.)	0.85	1.15	1.15	0.93	1.92
PBDIT Margin (%)	5.00	4.36	3.38	3.10	9.75
PBIT Margin (%)	4.72	4.07	3.20	2.90	9.24
PBT Margin (%)	2.47	2.46	1.78	1.69	7.23
Net Profit Margin (%)	1.64	1.78	1.30	1.26	5.46
Return on Networth / Equity (%)	4.00	5.62	5.47	4.57	10.32
Return on Capital Employeed (%)	10.27	11.48	11.61	9.36	17.23
Return On Assets (%)	2.16	3.39	2.96	2.93	6.45
Long Term Debt / Equity (X)	0.11	0.11	0.14	0.11	0.01
Total Debt / Equity (X)	0.60	0.48	0.62	0.38	0.28
Asset Turnover Ratio (%)	1.42	1.95	2.55	2.41	1.23
Current Ratio (X)	2.43	2.91	2.50	3.35	2.51
Quick Ratio (X)	0.12	0.21	0.61	0.51	0.20
Inventory Turnover Ratio (X)	1.60	0.00	0.00	0.00	0.00
Interest Coverage Ratio (X)	2.22	2.71	2.39	2.56	4.87
Interest Coverage Ratio (Post Tax) (X)	1.73	2.11	1.93	2.04	3.73
Enterprise Value (Cr.)	32.64	98.63	46.90	17.79	16.00
EV / Net Operating Revenue (X)	0.59	1.44	0.60	0.28	0.54
EV / EBITDA (X)	11.84	33.06	17.86	9.28	5.63
MarketCap / Net Operating Revenue (X)	0.35	1.29	0.45	0.18	0.40
Price / BV (X)	0.85	4.07	1.92	0.66	0.76
Price / Net Operating Revenue (X)	0.35	1.29	0.45	0.18	0.40
EarningsYield	0.04	0.01	0.02	0.06	0.13

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

[display_about_company_data title=”About the Company – Qualitative Analysis”]

FAQ

What is the intrinsic value of Shubhlaxmi Jewel Art Ltd and is it undervalued?

As of 13 September 2026, Shubhlaxmi Jewel Art Ltd's intrinsic value is ₹29.16, which is 50.31% higher than the current market price of ₹19.40, suggesting the stock is undervalued. This is calculated using the PE ratio method factoring in ROE (4.59 %), book value (₹22.3), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Shubhlaxmi Jewel Art Ltd?

Shubhlaxmi Jewel Art Ltd is trading at ₹19.40 as of 13 September 2026, with a FY2026-2027 high of ₹40.0 and low of ₹13.4. The stock is currently near its 52-week low. Market cap stands at ₹20.6 Cr..

How does Shubhlaxmi Jewel Art Ltd's P/E ratio compare to its industry?

Shubhlaxmi Jewel Art Ltd has a P/E ratio of 19.4, which is below the industry average of 108.34. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Shubhlaxmi Jewel Art Ltd financially healthy?

Key indicators for Shubhlaxmi Jewel Art Ltd: ROCE of 6.86 % is on the lower side compared to the industry average of 8.09%; ROE of 4.59 % is below ideal levels (industry average: 10.29%). Dividend yield is 0.00 %.

Is Shubhlaxmi Jewel Art Ltd profitable and how is the profit trend?

Shubhlaxmi Jewel Art Ltd reported a net profit of ₹1 Cr in Mar 2025 on revenue of ₹55 Cr. Compared to ₹1 Cr in Mar 2022, the net profit shows an improving trend.

Does Shubhlaxmi Jewel Art Ltd pay dividends?

Shubhlaxmi Jewel Art Ltd has a dividend yield of 0.00 % at the current price of ₹19.40. The company is currently not paying meaningful dividends.