| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 714 | 549 | +30.1% |
| EBITDA | 44.7 | 37.4 | +19.4% |
| EBITDA margin | 6.3% | 6.8% | −0.6 pts |
| Profit before tax | 36.8 | 27.6 | +33.0% |
| Net profit | 27.6 | 20.6 | +33.9% |
| EPS | ₹5.64 | ₹4.22 | +33.6% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 |
|---|
| 841 | — | — | — | |
| 109 | 109 | 25.3 | 40.8 | |
| 459 | 459 | 368 | 405 | |
| 1,192 | — | — | — | |
| 2,909 | 2,744 | 2,384 | 2,150 | |
| — | +15.1% | +10.9% | — | |
| 193 | 185 | 165 | 150 | |
| 6.6% | 6.8% | 6.9% | 7.0% | |
| 183 | 176 | 156 | 142 | |
| 122 | 115 | 100 | 80.9 | |
| 4.2% | 4.2% | 4.2% | 3.8% | |
| ₹24.97 | ₹23.54 | ₹20.56 | ₹16.57 | |
| — | +14.5% | +24.1% | — | |
| — | 26.3 | −66.7 | 59.5 | |
| — | −4.5 | −11.6 | −1.5 | |
| 21.8 | 21.8 | −78.3 | 58.0 | |
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|
| Market Capitalization | — | — | — | 841.2 | |
| - Cash, Equiv & ST Investments | 40.8 | 25.3 | 108.6 | 108.6 | |
| + Total Debt | 404.5 | 368.0 | 459.0 | 459.0 | |
| Enterprise Value | — | — | — | 1,191.6 | |
| Revenue | 2,149.7 | 2,384.0 | 2,744.0 | 2,909.0 | |
| Growth %, YoY | — | +10.9 | +15.1 | — | |
| EBITDA | 150.2 | 164.5 | 185.3 | 192.5 | |
| Margin % | 6.99 | 6.90 | 6.75 | 6.62 | |
| EBIT | 141.8 | 156.2 | 175.7 | 182.8 | |
| Net Income | 80.9 | 100.4 | 115.0 | 122.0 | |
| Margin % | 3.76 | 4.21 | 4.19 | 4.19 | |
| EPS, Adj (current shares) | 16.57 | 20.56 | 23.54 | 24.97 | |
| Growth %, YoY | — | +24.1 | +14.5 | — | |
| Cash from Operations | 59.5 | -66.7 | 26.3 | — | |
| Capital Expenditures | -1.5 | -11.6 | -4.5 | — | |
| Free Cash Flow | 58.0 | -78.3 | 21.8 | 21.8 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Manoj Vaibhav Gems N Jewellers (NSE: MVGJL) had a market capitalisation of ₹799 crore at the 30 October 2026 close (₹163.59 a share), a PE ratio of 6.6 on the last four quarters' profit and a price-to-book ratio of 0.96. In FY26 its consolidated net profit was ₹115 crore on revenue of ₹2,744 crore; in Q1 FY27 (April–June 2026) it was ₹27.6 crore, up 33.9% year on year. Its debt-to-equity ratio was 0.55 on 31 March 2026. Promoters held 74.27% of the shares on 30 September 2026.
Manoj Vaibhav Gems N Jewellers' PE ratio is 6.6 at the 30 October 2026 close (₹163.59 a share): a market capitalisation of ₹799 crore divided by consolidated net profit of ₹122 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹115 crore) it is 7.0.
Manoj Vaibhav Gems N Jewellers' price-to-book (PB) ratio is 0.96 at the 30 October 2026 close: a market capitalisation of ₹799 crore divided by shareholders' equity (book value) of ₹833 crore on 31 March 2026. That is a book value of ₹170.60 per share against a share price of ₹163.59.
Manoj Vaibhav Gems N Jewellers' book value per share was ₹170.60 on 31 March 2026: shareholders' equity of ₹833 crore divided by the 4.89 crore shares in issue, up 15.9% from ₹147.15 a year earlier. The share price at the 30 October 2026 close was ₹163.59.
Manoj Vaibhav Gems N Jewellers' market capitalisation was ₹799 crore at the 30 October 2026 close: 4.89 crore shares at ₹163.59 each.
No. Manoj Vaibhav Gems N Jewellers had borrowings of ₹459 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.55. Its cash and current investments were ₹109 crore, so its net debt was ₹350 crore.
Manoj Vaibhav Gems N Jewellers' debt-to-equity ratio was 0.55 on 31 March 2026: borrowings of ₹459 crore against total equity of ₹833 crore. A year earlier, on 31 March 2025, it was 0.51.
Manoj Vaibhav Gems N Jewellers' net worth — shareholders' equity in its consolidated balance sheet — was ₹833 crore on 31 March 2026, up 15.9% from ₹719 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹799 crore at the 30 October 2026 close.
In FY26, Manoj Vaibhav Gems N Jewellers' return on equity (ROE) was 14.8% and its return on capital employed (ROCE) was 21.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 15.0% and ROCE 21.6%.
On 30 September 2026, Manoj Vaibhav Gems N Jewellers' shares were held by promoters 74.27%, foreign portfolio investors (FII/FPI) 0.51%, domestic institutions (DII) 0.20% and retail and other non-institutional investors 25.01%. Over the year, FII holding was down 0.09 percentage points from 0.60% and DII holding was down 0.91 percentage points from 1.11%.
Manoj Vaibhav Gems N Jewellers' basic earnings per share (EPS) were ₹23.54 in FY26, against ₹20.56 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹24.96.
Promoters held 74.27% of Manoj Vaibhav Gems N Jewellers on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
Manoj Vaibhav Gems N Jewellers' latest results are for Q1 FY27 (April–June 2026): consolidated net profit ₹27.6 crore, up 33.9% from ₹20.6 crore in Q1 FY26; revenue from operations ₹714 crore, up 30.1% year on year.
In FY26, Manoj Vaibhav Gems N Jewellers generated ₹26.3 crore of cash from operations and spent ₹4.5 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹21.8 crore. In FY25 it was −₹78.3 crore.
In FY26 (April 2025–March 2026), Manoj Vaibhav Gems N Jewellers' consolidated net profit was ₹115 crore, up 14.5% from ₹100 crore in FY25, on revenue from operations of ₹2,744 crore (up 15.1%).
Manoj Vaibhav Gems N Jewellers has not yet announced the date of its Q2 FY27 results (July–September 2026); under SEBI's listing rules (Regulation 33) they are due by 14 November 2026.
On FY26 consolidated figures, against Radhika Jeweltech, RBZ Jewellers and Renaissance Global: Manoj Vaibhav Gems N Jewellers' operating margin of 6.4% is the third highest of the four (Radhika Jeweltech 16.0%, RBZ Jewellers 13.8%, Renaissance Global 5.8%; peer average 11.8%); its return on equity of 14.8% is the third highest of the four (Radhika Jeweltech 20.8%, RBZ Jewellers 20.1%, Renaissance Global 6.2%; peer average 15.7%).
At the 30 October 2026 closing prices, on FY26 net profit, Manoj Vaibhav Gems N Jewellers' PE ratio is 7.0, the third highest of the four: Radhika Jeweltech 4.6, RBZ Jewellers 12.6 and Renaissance Global 16.4, a peer average of 11.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Manoj Vaibhav Gems N Jewellers earned net profit of ₹115 crore on revenue of ₹2,744 crore, against ₹74.8 crore on ₹639 crore for Radhika Jeweltech. Manoj Vaibhav Gems N Jewellers' operating margin was 6.4% (Radhika Jeweltech 16.0%) and its return on equity 14.8% (Radhika Jeweltech 20.8%). At the 30 October 2026 close, Manoj Vaibhav Gems N Jewellers' market capitalisation was ₹799 crore against ₹343 crore for Radhika Jeweltech, and its PE ratio on FY26 profit 7.0 against 4.6.
From Manoj Vaibhav Gems N Jewellers' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.