Manoj Jewellers (BSE 544400)₹20.33+1.65%Gems, Jewellery And Watches
In the Mar 2026 quarter (standalone), Manoj Jewellers reported sales of ₹45.16 Cr, up 28.6% from Mar 2025, and net profit of ₹2.99 Cr, up 50.3% year on year. For the year to Mar 2026, sales were ₹114 Cr and net profit ₹8.96 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|
| Sales | 25.07 | 35.13 | 69.29 | 45.16 |
| Expenses | 21.05 | 31.06 | 61.11 | 40.07 |
| Operating Profit | 3.99 | 3.99 | 7.99 | 4.99 |
| OPM % | 17.0% | 12.1% | 12.1% | 12.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 3.01 | 3.01 | 8.02 | 5.01 |
| Tax % | 28.0% | 22.0% | 25.0% | 27.0% |
| Net Profit | 1.99 | 1.99 | 5.97 | 2.99 |
| EPS (Rs) | 3.77 | 4.17 | 6.26 | 3.74 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 12.05 | 7.02 | 7.02 | 14.05 | 43.12 | 60.22 | 114 |
| Expenses | 11.02 | 6.01 | 5.01 | 11.02 | 38.07 | 51.10 | 101 |
| Operating Profit | 0.99 | 0.99 | 1.99 | 1.99 | 5.99 | 7.99 | 13.96 |
| OPM % | 11.1% | 20.0% | 24.0% | 16.1% | 13.0% | 14.1% | 12.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 0.99 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.00 | 0.00 | 1.01 | 1.01 | 4.01 | 6.01 | 12.02 |
| Tax % | 33.0% | 0.0% | 29.0% | 37.0% | 29.0% | 25.0% | 26.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.00 | 0.00 | 0.00 | 0.99 | 2.99 | 4.98 | 8.96 |
| EPS (Rs) | 0.47 | 0.47 | 2.15 | 0.94 | 5.31 | 7.92 | 10.01 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1.99 | 1.99 | 1.99 | 5.98 | 5.98 | 5.98 | 8.96 |
| Reserves | 0.00 | 0.00 | 1.00 | 1.00 | 3.99 | 8.97 | 29.89 |
| Borrowings | 10.98 | 11.96 | 11.98 | 5.99 | 14.96 | 18.95 | 16.94 |
| Other Liabilities | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 3.99 |
| Total Liabilities | 13.96 | 14.94 | 14.96 | 12.96 | 25.92 | 34.89 | 60.78 |
| Fixed Assets | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 |
| CWIP | 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 |
| Other Assets | 13.97 | 14.94 | 14.96 | 12.96 | 25.92 | 34.90 | 59.78 |
| Inventories | 12.84 | 14.13 | 14.22 | 11.23 | 20.66 | 29.25 | 48.89 |
| Trade receivables | 0.18 | 0.03 | 0.00 | 0.00 | 1.02 | 4.37 | 7.52 |
| Cash & equivalents | 0.17 | 0.18 | 0.20 | 1.19 | 3.51 | 0.23 | 1.98 |
| Total Assets | 13.96 | 14.94 | 14.96 | 12.96 | 25.92 | 34.89 | 60.78 |
| Mar 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Cash from operating activity | −1.99 | 0.99 | 4.99 | −5.99 | −3.99 | −10.99 |
| Cash from investing activity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing activity | 1.99 | −0.99 | −3.99 | 8.97 | 0.99 | 12.96 |
| Net cash flow | 0.00 | 0.00 | 0.99 | 1.99 | −2.99 | 1.99 |
| Capex | 0.11 | 0.00 | 0.00 | 0.30 | 0.35 | 0.01 |
| Free cash flow | −3.01 | 1.01 | 5.01 | −6.01 | −5.01 | −11.02 |
| CFO / OP % | −169.9% | 78.1% | 246.1% | −92.9% | −35.9% | −60.9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 5 | 1 | 0 | 0 | 9 | 27 | 24 |
| Inventory days | 499 | 1,107 | 1,191 | 404 | 209 | 216 | 184 |
| Days payable | 25 | 54 | 6 | 14 | 0 | 0 | 1 |
| Cash conversion cycle | 480 | 1,055 | 1,186 | 390 | 219 | 244 | 208 |
| Working capital days | 313 | 608 | 534 | 270 | 158 | 157 | 143 |
| ROCE % | — | 8.0% | 11.0% | 15.0% | 30.0% | 28.0% | 30.0% |
For the Mar 2026 quarter, Manoj Jewellers reported sales of ₹45.16 Cr, up 28.6% year on year and net profit of ₹2.99 Cr, up 50.3% year on year. The operating margin was 12.0%.
Manoj Jewellers' sales for the year to Mar 2026 were ₹114 Cr.
Net profit for the year to Mar 2026 was ₹8.96 Cr. Earnings per share over the same trailing period were ₹10.01.
Manoj Jewellers reported borrowings of ₹16.94 Cr at Mar 2026, against cash and equivalents of ₹1.98 Cr.
Cash from operations was −₹10.99 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹11.02 Cr.