Shubhlaxmi Jewel Art (SHUBHLAXMI)₹18.80−4.81%Gems, Jewellery And Watches
In the Mar 2026 quarter (standalone), Shubhlaxmi Jewel Art reported sales of ₹40.34 Cr, up 29.6% from Mar 2025, and net profit of −₹1.56 Cr. For the year to Mar 2026, sales were ₹62.76 Cr and net profit ₹1.05 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 41.87 | 26.77 | 41.70 | 24.00 | 31.12 | 22.39 | 40.34 |
| Expenses | 40.68 | 25.21 | 40.95 | 22.07 | 30.31 | 18.27 | 41.77 |
| Operating Profit | 1.22 | 1.54 | 0.70 | 1.93 | 0.80 | 4.12 | −1.48 |
| OPM % | 2.9% | 5.8% | 1.7% | 8.0% | 2.6% | 18.4% | −3.7% |
| Other Income | 0.32 | 0.36 | 0.35 | 0.00 | 0.00 | 0.01 | 0.00 |
| Interest | 0.69 | 0.54 | 0.54 | 0.58 | 0.64 | 0.54 | 0.45 |
| Depreciation | 0.09 | 0.10 | 0.12 | 0.09 | 0.08 | 0.08 | 0.07 |
| Profit before tax | 0.79 | 1.29 | 0.42 | 1.28 | 0.10 | 3.54 | −2.03 |
| Tax % | 26.9% | 27.3% | 29.3% | 26.7% | 133.3% | 25.4% | −22.3% |
| Net Profit | 0.56 | 0.92 | 0.28 | 0.92 | −0.01 | 2.64 | −1.56 |
| EPS (Rs) | 0.66 | 0.89 | 0.28 | 0.89 | −0.03 | 2.49 | −1.49 |
| Mar 2019 11m | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 51.25 | 53.19 | 29.13 | 61.56 | 77.29 | 68.17 | 54.92 | 62.76 |
| Expenses | 48.82 | 50.64 | 26.36 | 59.47 | 74.97 | 65.72 | 52.03 | 60.04 |
| Operating Profit | 2.42 | 2.46 | 2.78 | 2.02 | 2.37 | 2.37 | 2.87 | 2.62 |
| OPM % | 4.7% | 4.6% | 9.6% | 3.3% | 3.1% | 3.5% | 5.2% | 4.2% |
| Other Income | 0.00 | 0.00 | 0.04 | 0.00 | 0.37 | 0.68 | 0.00 | 0.00 |
| Interest | 0.74 | 0.72 | 0.57 | 0.85 | 1.22 | 1.18 | 1.35 | 0.99 |
| Depreciation | 0.34 | 0.15 | 0.16 | 0.13 | 0.15 | 0.21 | 0.16 | 0.14 |
| Profit before tax | 1.37 | 1.61 | 2.12 | 1.06 | 1.40 | 1.69 | 1.38 | 1.52 |
| Tax % | 25.7% | 24.4% | 24.2% | 24.7% | 26.6% | 27.4% | 32.8% | 29.8% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −0.02 | 0.00 | 0.00 |
| Net Profit | 0.99 | 1.20 | 1.60 | 0.77 | 1.01 | 1.21 | 0.89 | 1.05 |
| EPS (Rs) | 1.21 | 1.47 | 1.92 | 0.95 | 1.17 | 1.16 | 0.86 | 1.01 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.29 | 8.30 | 8.29 | 8.30 | 8.80 | 10.59 | 10.57 | 10.58 |
| Reserves | 4.33 | 5.54 | 7.12 | 8.72 | 9.75 | 11.06 | 11.95 | 13.02 |
| Borrowings | 7.72 | 7.13 | 5.03 | 6.57 | 11.57 | 10.59 | 13.64 | 13.41 |
| Other Liabilities | 4.15 | 1.83 | 4.29 | 2.95 | 4.22 | 3.68 | 5.54 | 15.65 |
| Total Liabilities | 24.49 | 22.80 | 24.73 | 26.54 | 34.34 | 35.92 | 41.70 | 52.66 |
| Fixed Assets | 2.00 | 2.05 | 1.90 | 1.80 | 1.95 | 1.93 | 1.85 | 1.74 |
| CWIP | 0.00 | 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 | 0.00 |
| Other Assets | 22.49 | 20.75 | 22.83 | 24.74 | 32.39 | 33.99 | 39.85 | 50.92 |
| Inventories | 19.67 | 18.88 | 20.88 | 20.93 | 24.38 | 31.44 | 37.83 | 48.19 |
| Trade receivables | 1.66 | 1.29 | 1.27 | 2.17 | 1.42 | 1.71 | 1.15 | 2.27 |
| Cash & equivalents | 0.58 | 0.42 | 0.19 | 0.14 | 0.30 | 0.16 | 0.26 | 0.08 |
| Total Assets | 24.49 | 22.80 | 24.73 | 26.54 | 34.34 | 35.92 | 41.70 | 52.66 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −14.74 | 1.06 | 2.36 | −1.90 | 1.24 | −0.48 | −1.71 | 0.81 |
| Cash from investing activity | −2.31 | −0.18 | 0.00 | −0.01 | 0.08 | 0.49 | −0.06 | −0.02 |
| Cash from financing activity | 17.61 | −1.01 | −2.60 | 1.87 | −1.15 | −0.17 | 1.86 | −0.94 |
| Net cash flow | 0.58 | −0.15 | −0.26 | −0.06 | 0.17 | −0.15 | 0.11 | −0.19 |
| Capex | 2.31 | 0.18 | 0.00 | 0.01 | 0.28 | 0.22 | 0.06 | 0.02 |
| Free cash flow | −17.00 | 0.85 | 2.33 | −1.90 | 0.93 | −0.69 | −1.76 | 0.76 |
| CFO / OP % | −592.0% | 60.0% | 103.0% | −78.0% | 65.0% | −4.0% | −48.0% | 39.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 12 | 9 | 16 | 13 | 7 | 9 | 8 | 13 |
| Inventory days | 154 | 146 | 330 | 137 | 125 | 187 | 289 | 316 |
| Days payable | 25 | 5 | 34 | 6 | 8 | 8 | 10 | 31 |
| Cash conversion cycle | 142 | 150 | 313 | 145 | 124 | 189 | 287 | 299 |
| Working capital days | 84 | 88 | 170 | 103 | 91 | 119 | 155 | 138 |
| ROCE % | — | 11.3% | 13.0% | 8.7% | 9.8% | 9.3% | 8.0% | 6.9% |
For the Mar 2026 quarter, Shubhlaxmi Jewel Art reported sales of ₹40.34 Cr, up 29.6% year on year and net profit of −₹1.56 Cr. The operating margin was −3.7%.
Shubhlaxmi Jewel Art's sales for the year to Mar 2026 were ₹62.76 Cr.
Net profit for the year to Mar 2026 was ₹1.05 Cr. Earnings per share over the same trailing period were ₹1.01.
Shubhlaxmi Jewel Art reported borrowings of ₹13.41 Cr at Mar 2026, against cash and equivalents of ₹0.08 Cr.
Cash from operations was ₹0.81 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹0.76 Cr.