Bluestone Jewel LFSTL Ltd
NSE: BLUESTONE · Gems, Jewellery And Watches · sector
₹758.05NSE close 2026-10-26
Key numbers
Market cap₹11,583 cr
Price₹758.05
52w high / low₹970 / ₹400
P/E110.7xSector median 16.4x
P/B6.3xSector median 1.9x
Book value₹120.2
Dividend yield–Sector median 0.46%
ROE6.0%Sector median 14.7%
ROCE11.9%Sector median 15.0%
OPM17.0%Sector median 6.6%
Debt / equity0.49xSector median 0.26x
EV/EBITDA24.2xSector median 15.4x
Interest cover1.5x
Current ratio1.58x
Sales growth 3y–Sector median +25.6%
Profit growth 3y–Sector median +26.1%
PEG–
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 82 companies in Gems, Jewellery And Watches (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹555 cr vs borrowings ₹744 cr (FY26): borrowings are higher by ₹189 cr.
- Operating profit covered interest 1.5x in the last 12 months.
- 37.21% of the promoters' shares are pledged (6.0% of all shares).
- Net loss in 3 of the last 6 quarters.
- Other income was 62% of net profit in the last 12 months.
- No dividend in the last 1 financial years.
- Price ₹758.05 on 2026-10-26: -21.8% from the 52-week high, +89.6% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹894.50 · low ₹410.60
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Revenue | 493 | 514 | 749 | 681 | 737 | 745 |
| EBITDA | 56 | 42 | 166 | 126 | 108 | 95 |
| OPM % | 11.3% | 8.1% | 22.2% | 18.4% | 14.6% | 12.7% |
| Other income | 12 | 12 | 11 | 15 | 15 | 24 |
| Net profit | -35 | -52 | 69 | 32 | 7 | -3 |
| EPS (₹) | -9.86 | -3.73 | 4.55 | 2.05 | 0.46 | -0.21 |
| Revenue YoY | +49.6% | +45.1% | ||||
| Profit YoY | – | – |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY26 | TTM |
|---|---|---|
| Revenue | 2,436 | 2,912 |
| EBITDA | 389 | 495 |
| Net profit | 15 | 105 |
| EPS (₹) | 1.10 | 6.85 |
| Dividend / share (₹) | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | – | – | – |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | – (2y) | +3.6% |
Balance sheet
| ₹ cr | FY26 |
|---|---|
| Shareholders' equity | 1,801 |
| Borrowings | 744 |
| Cash & equivalents | 555 |
| Total assets | 4,961 |
| Fixed assets | 1,132 |
| Capital work in progress | 3 |
| Investments | 0 |
| Receivables | 8 |
| Inventory | 2,672 |
| Payables | 160 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY26 |
|---|---|
| Cash from operations | -199 |
| Cash from investing | -239 |
| Cash from financing | 497 |
| Capex | 99 |
| Free cash flow | -298 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY26 |
|---|---|
| ROE % | 0.8% |
| ROCE % | 9.0% |
| Debtor days | 1 |
| Inventory days | 700 |
| Payable days | 42 |
| Cash conversion cycle (days) | 659 |
| Working capital days | 215 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 16.21% |
| FIIs | 34.17% |
| DIIs | 32.49% |
| of which Mutual funds | 12.37% |
| of which Insurance | 5.00% |
| Government | 0.00% |
| Public (non-institutions) | 17.13% |
| Quarter | Aug 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Promoters % | 16.36% | 16.36% | 16.36% | 16.27% | 16.25% | 16.21% |
| Promoter group | % |
|---|---|
| Gaurav Singh Kushwaha | 16.01% |
| Arpita Tomar | 0.19% |
| Shivraj Singh Kushwaha | 0.00% |
| Prabha Kushwaha | 0.00% |
| Prashant Singh Kushwaha | 0.00% |
| Nivaan Singh Kushwaha | 0.00% |
| Kayna Singh Kushwaha | 0.00% |
| Arvind Pratap Singh Tomar | 0.00% |
| Mina Tomar | 0.00% |
| Anurag Tomar | 0.00% |
| Archana Tomar | 0.00% |
| Public holders above 1% | % |
|---|---|
| Nippon Life India Trustee Ltd-a/c Nippon India MUL | 7.57% |
| Accel India III (Mauritius) Ltd | 6.23% |
| SBI Life Insurance Co. Ltd | 4.20% |
| MIH Investments ONE B.V. | 3.98% |
| Amansa Holdings Private Limited | 3.21% |
| Sunil Kant Munjal | 3.14% |
| IE Venture Investment Fund II | 2.69% |
| Peak XV Partners Growth Investments IV | 2.67% |
| Accel India VII (Mauritius) Limited | 2.47% |
| Mirae Asset Flexi CAP Fund | 2.45% |
| Kalaari Capital Partners II LLC | 2.32% |
| Steadview Capital Mauritius Limited | 2.32% |
| Access India Capital | 1.92% |
| Pratithi Growth Fund I-lvf | 1.90% |
| RB Investments PTE. Ltd. | 1.71% |
59,890 shareholders. Pledged: 37.21% of promoter shares.
Peers in Gems, Jewellery And Watches
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| TITAN | ₹3,83,796 cr | 66.9x | 24.4x | 42.2% | 33.3% | 10.1% | +29.2% | 0.25% |
| KALYANKJIL | ₹52,133 cr | 36.3x | 8.3x | 25.8% | 34.4% | 6.6% | +36.4% | 0.30% |
| LALITHAA | ₹17,374 cr | – | – | – | – | – | – | – |
| PCJEWELLER | ₹16,193 cr | 16.0x | 1.7x | 10.8% | 10.3% | 24.5% | +10.7% | – |
| SKYGOLD | ₹14,535 cr | 43.3x | 12.1x | 35.6% | 26.4% | 7.2% | +76.0% | – |
| THANGAMAYL | ₹14,404 cr | 36.8x | 10.2x | 31.1% | 26.3% | 6.4% | +39.2% | 0.27% |
| BLUESTONE | ₹11,583 cr | 110.7x | 6.3x | 6.0% | 11.9% | 17.0% | – | – |
| PNGJL | ₹7,558 cr | 17.0x | 3.9x | 25.4% | 19.9% | 5.8% | – | – |
| ETHOSLTD | ₹6,486 cr | 62.2x | 4.4x | 8.4% | 12.0% | 12.8% | +26.9% | – |
| TIMEX | ₹6,364 cr | 75.0x | 57.2x | 87.9% | 86.1% | 14.4% | +27.7% | 0.37% |
Documents
- Annual report FY26
- Annual report FY25
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Consumer Discretionary |
| Industry | Gems, Jewellery And Watches |
| Sub-industry | Gems, Jewellery And Watches |
| Symbol | BLUESTONE |
| BSE code | 544484 |
| ISIN | INE304W01038 |
| Face value | ₹1.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.