Radhika Jeweltech Limited

NSE: RADHIKAJWE · Gems, Jewellery And Watches · sector

₹58.56NSE close 2026-10-26

Key numbers

Market cap₹690 cr

Price₹58.56

52w high / low₹98 / ₹50

P/E8.7xSector median 16.4x

P/B1.7xSector median 1.9x

Book value₹33.8

Dividend yield–Sector median 0.46%

ROE22.1%Sector median 14.7%

ROCE23.9%Sector median 15.0%

OPM15.8%Sector median 6.6%

Debt / equity0.15xSector median 0.26x

EV/EBITDA6.8xSector median 15.4x

Interest cover46.3x

Current ratio6.33x

Sales growth 3y+26.9%Sector median +25.6%

Profit growth 3y+36.1%Sector median +26.1%

PEG–

Last 12 months to Jun 2026, Standalone. "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 ₹6 cr vs borrowings ₹58 cr (FY26): borrowings are higher by ₹52 cr.
Operating profit covered interest 46.3x in the last 12 months.
Operating cash flow was below net profit in 4 of the last 4 years (FY26, FY25, FY24, FY23).
Revenue was higher than a year earlier in 4 of the last 4 quarters.
Other income was 2% of net profit in the last 12 months.
Dividend paid in 2 of the last 4 financial years.
Price ₹58.56 on 2026-10-26: -39.9% from the 52-week high, +17.1% 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 ₹149.87 · low ₹54.84

Quarterly results

₹ cr	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Revenue	131	206	156	99	133	214	193	153
EBITDA	19	32	20	25	26	42	11	31
OPM %	14.7%	15.4%	12.5%	25.5%	19.3%	19.6%	5.7%	20.1%
Other income	0	0	0	0	0	0	0	1
Net profit	11	23	11	18	18	31	8	23
EPS (₹)	0.90	1.93	1.88	1.54	1.56	2.60	0.64	1.94
Revenue YoY					+1.2%	+3.7%	+23.6%	+53.8%
Profit YoY					+74.0%	+34.7%	-32.3%	+25.5%

Standalone figures where filed. Latest quarter Jun 2026.

Profit & loss (yearly)

₹ cr	FY23	FY24	FY25	FY26	TTM
Revenue	313	544	588	639	693
EBITDA	41	70	89	104	109
Net profit	30	50	60	75	79
EPS (₹)	12.58	8.40	10.18	6.40	6.74
Revenue growth		+74.0%	+8.0%	+8.7%	+16.8%
Profit growth		+66.8%	+21.4%	+24.4%	+26.8%
Dividend / share (₹)	1.00	–	0.20	–

Compounded growth	3 years	5 years	Last 12 months
Sales	+26.9%	–	+16.7%
Net profit	+36.1%	–	+26.8%
EPS	-20.2%	–	–
Share price	–	-30.3% (2y)	-28.7%

Balance sheet

₹ cr	FY23	FY24	FY25	FY26
Shareholders' equity	215	265	323	398
Borrowings	34	51	43	58
Cash & equivalents	14	3	5	6
Total assets	259	321	376	480
Fixed assets	14	12	10	9
Capital work in progress	0	–	0	–
Investments	0	0	0	0
Receivables	1	1	1	1
Inventory	225	304	355	460
Payables	8	3	6	15

Year-end figures from the March annual filing.

Cash flow

₹ cr	FY23	FY24	FY25	FY26
Cash from operations	-24	-26	17	-13
Cash from investing	-2	-2	-2	-2
Cash from financing	-2	16	-12	15
Capex	0	0	0	1
Free cash flow	-24	-26	16	-14

Free cash flow = cash from operations − capex.

Ratios by year

₹ cr	FY23	FY24	FY25	FY26
ROE %	13.8%	18.7%	18.6%	18.8%
ROCE %	16.5%	22.0%	24.0%	22.6%
Debtor days	1	0	0	1
Inventory days	321	245	272	339
Payable days	12	2	5	11
Cash conversion cycle (days)	310	243	267	329
Working capital days	241	176	199	226

Shareholding

Holder	% (2026-09-30)
Promoters	57.68%
FIIs	0.01%
DIIs	0.01%
Public (non-institutions)	42.30%

Quarter	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters %	63.73%	63.73%	63.73%	57.68%	57.68%	57.68%	57.68%	57.68%

Promoter group	%
Ashokkumar Mathurdas Zinzuwadia	22.33%
Zinzuwadia Hareshbhai M	19.45%
Zinzuwadia Darshit A	7.06%
Jenil Hareshkumar Zinzuwadia	7.06%
Kavitaben Ashokkumar Zinzuwadia	5.04%
Hetal Hareshbhai Zinzuwadia	5.04%
Mohil Ashokkumar Zinzuwadia	3.79%
Trushil Hareshbhai Zinzuwadia	2.02%
Divyesh Hareshbhai Zinzuwadia	2.02%

71,058 shareholders. Pledged: – 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%	–
RADHIKAJWE	₹690 cr	8.7x	1.7x	22.1%	23.9%	15.8%	+26.9%	–

All 82 companies in Gems, Jewellery And Watches →

Dividends & corporate actions

Ex-date	Action	Detail
2024-09-23	Dividend	Annual General Meeting/Dividend - Rs 0.20 Per Share
2023-09-21	Other	Annual General Meeting
2023-05-26	Split	Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share
2022-09-13	Dividend	Interim Dividend - Re 1 Per Share
2022-09-13	Other	Annual General Meeting

Documents

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	RADHIKAJWE
BSE code	540125
ISIN	INE583V01021
Face value	₹2.0
Incorporated	–
Website	–
Plants (India / abroad)	–

Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.