Moksh Ornaments Ltd. (MOKSH) AI Stock Analysis

• Market Cap: ₹895.17M
• Dividend Yield: N/A
• Average Volume (3M): 623.14K
• Price to Earnings (P/E): 11.0
• Beta (1Y): 0.64
• Revenue Growth: 20.83%
• EPS Growth: -1.41%
• Country: IN
• Employees: 13
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 0.32
• Shares Outstanding: 86,322,716
• 10 Day Avg. Volume: 217,453
• 30 Day Avg. Volume: 623,139
• PEG Ratio: -0.63
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 0.12
• P/FCF Ratio: -2.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 57 Neutral
• Price Target: ₹9.00 ▼(-37.06% Downside)
• Action: Reiterated Date: 03/24/26
• Date: Action: Reiterated 03/24/26

The score is held back primarily by weak technicals (below major moving averages with negative MACD and very low RSI/Stoch), despite decent underlying financial performance driven by revenue growth and improving operating margins. Valuation appears reasonable on P/E, but cash flow weakness (negative operating cash flow) remains a key fundamental risk.

Positive Factors

Revenue & margin improvement

Sustained year-over-year revenue growth combined with improving EBIT/EBITDA margins indicates the business is scaling with better operating efficiency. Over the next 2-6 months this structural trend supports sturdier earnings power, resilience to cost pressure, and more cash-generative operations if margins persist.

Negative Factors

Negative operating cash flow

Consistent negative operating cash flow is a durable red flag: it implies the core business is not yet converting accounting profits into cash. Over 2-6 months this can force repeated external financing, constrain capital expenditure, and increase vulnerability to interest rate or working-capital shocks.

Moksh Ornaments Ltd. Business Overview & Revenue Model

Company Description

Moksh Ornaments Ltd. (MOKSH) is a leading player in the jewelry manufacturing and retail sector, specializing in high-quality gold and diamond ornaments. The company operates in both wholesale and retail markets, offering a diverse range of produc...

Read more

Moksh Ornaments Ltd. (MOKSH) is a leading player in the jewelry manufacturing and retail sector, specializing in high-quality gold and diamond ornaments. The company operates in both wholesale and retail markets, offering a diverse range of produc...

How the Company Makes Money

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Moksh Ornaments Ltd. Financial Statement Overview

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	5.80B	4.49B	4.47B	3.24B	3.37B
Gross Profit	292.83M	147.17M	174.82M	144.37M	117.50M
EBITDA	166.74M	139.46M	108.35M	79.86M	116.48M
Net Income	84.28M	62.53M	61.35M	51.34M	56.61M
Balance Sheet
Total Assets	1.44B	1.07B	794.98M	495.98M	771.34M
Cash, Cash Equivalents and Short-Term Investments	90.28M	86.62M	52.25M	27.27M	94.62M
Total Debt	324.76M	494.45M	277.50M	40.95M	355.37M
Total Liabilities	331.55M	499.52M	285.01M	47.35M	369.30M
Stockholders Equity	1.11B	572.50M	509.97M	448.63M	402.04M
Cash Flow
Free Cash Flow	-274.70M	-184.13M	-212.73M	255.57M	-288.31M
Operating Cash Flow	-269.98M	-184.09M	-212.73M	259.63M	-286.78M
Investing Cash Flow	-4.72M	-44.00K	0.00	-4.06M	765.76M
Financing Cash Flow	271.21M	218.50M	237.71M	-322.92M	-2.17B

Moksh Ornaments Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 14.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MOKSH, the sentiment is Neutral. The current price of 14.3 is above the 20-day moving average (MA) of 10.49, above the 50-day MA of 12.16, and above the 200-day MA of 13.83, indicating a neutral trend. The MACD of -0.77 indicates Negative momentum. The RSI at 48.36 is Neutral, neither overbought nor oversold. The STOCH value of 58.86 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MOKSH.

Moksh Ornaments Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TBZ	66 Neutral	₹9.38B	3.41	―	1.38%	14.86%	48.09%
THANGAMAYL	66 Neutral	₹125.38B	23.90	―	0.37%	35.04%	80.12%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
MOKSH	57 Neutral	₹895.17M	10.96	―	―	20.83%	-1.41%
LYPSAGEMS	46 Neutral	₹154.20M	3.21	―	―	―	―
GOENKA	41 Neutral	₹266.28M	-23.75	―	―	―	―

Moksh Ornaments Ltd. Corporate Events