Swarnsarita Jewels IND L
NSE: SWARNSAR · Gems, Jewellery And Watches · sector
₹41.72NSE close 2026-10-26
Key numbers
Market cap₹87 cr
Price₹41.72
52w high / low₹56 / ₹32
P/E3.3xSector median 16.4x
P/B0.6xSector median 1.9x
Book value₹67.3
Dividend yield–Sector median 0.46%
ROE9.3%Sector median 14.7%
ROCE13.5%Sector median 15.0%
OPM2.3%Sector median 6.6%
Debt / equity0.51xSector median 0.26x
EV/EBITDA7.2xSector median 15.4x
Interest cover4.6x
Current ratio2.47x
Sales growth 3y+0.8%Sector median +25.6%
Profit growth 3y+33.5%Sector median +26.1%
PEG0.10x
Last 12 months to Jun 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 ₹4 cr vs borrowings ₹71 cr (FY26): borrowings are higher by ₹67 cr.
- Operating profit covered interest 4.6x in the last 12 months.
- Net loss in 2 of the last 6 quarters.
- Other income was 61% of net profit in the last 12 months.
- No dividend in the last 5 financial years.
- Price ₹41.72 on 2026-10-26: -25.0% from the 52-week high, +30.4% 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 ₹53.45 · low ₹26.91
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|
| Revenue | 158 | 152 | 262 | 218 | 237 | 206 |
| EBITDA | -3 | 10 | 10 | 4 | -8 | 15 |
| OPM % | -1.6% | 6.3% | 3.8% | 1.7% | -3.2% | 7.4% |
| Other income | 0 | 0 | 0 | -0 | 7 | 0 |
| Net profit | -4 | 6 | 7 | 2 | -7 | 11 |
| EPS (₹) | 1.85 | 2.90 | 3.27 | 0.80 | 3.32 | 5.13 |
| Revenue YoY | +49.9% | +35.5% | ||||
| Profit YoY | – | +76.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 841 | 848 | 681 | 761 | 868 | 922 |
| EBITDA | 10 | 11 | 11 | 15 | 16 | 21 |
| Net profit | 8 | 5 | 5 | 5 | 12 | 12 |
| EPS (₹) | 3.87 | 2.44 | 2.44 | 2.54 | 5.75 | 12.52 |
| Revenue growth | +0.8% | -19.6% | +11.8% | +14.0% | – | |
| Profit growth | -36.8% | -0.2% | +4.1% | +129.1% | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +0.8% | – | – |
| Net profit | +33.5% | – | – |
| EPS | +33.1% | – | – |
| Share price | – | – (2y) | – |
Balance sheet
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Shareholders' equity | 128 | 140 |
| Borrowings | 86 | 71 |
| Cash & equivalents | 9 | 4 |
| Total assets | 225 | 226 |
| Fixed assets | 1 | 1 |
| Capital work in progress | 0 | 0 |
| Investments | 0 | 0 |
| Receivables | 87 | 76 |
| Inventory | 109 | 120 |
| Payables | 5 | 8 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY25 | FY26 |
|---|---|---|
| Cash from operations | 13 | 13 |
| Cash from investing | 4 | -1 |
| Cash from financing | -28 | -21 |
| Capex | 1 | 0 |
| Free cash flow | 12 | 13 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY25 | FY26 |
|---|---|---|
| ROE % | 4.1% | 8.7% |
| ROCE % | 7.4% | 10.7% |
| Debtor days | 42 | 32 |
| Inventory days | 54 | 52 |
| Payable days | 3 | 4 |
| Cash conversion cycle (days) | 93 | 80 |
| Working capital days | 56 | 52 |
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% | – |
| SWARNSAR | ₹87 cr | 3.3x | 0.6x | 9.3% | 13.5% | 2.3% | +0.8% | – |
Business segments (2026-06-30)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Jewellery | ₹206 cr | 99.9% | ₹14 cr | 6.6% |
| Rental Income | ₹0 cr | 0.1% | ₹0 cr | 88.6% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2013-09-11 | Dividend | Dividend Rs 0.5 |
| 2012-09-10 | Dividend | Dividend Rs 0.5 |
| 2011-07-21 | Dividend | Dividend Rs 0.5 |
| 2010-09-06 | Dividend | Dividend Rs 0.5 |
| 2008-09-08 | Dividend | Dividend Rs 1.2 |
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 | SWARNSAR |
| BSE code | 526365 |
| ISIN | INE967A01012 |
| Face value | ₹10.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from BSE company filings (inline XBRL: Integrated Filing - Finance) + BSE results summary for earlier years; price = NSE close 2026-10-26.