Manoj Vaibhav Gems 'N' Jewellers Limited (MVGJL) AI Stock Analysis

• Market Cap: ₹8.14B
• Dividend Yield: N/A
• Average Volume (3M): 8.12K
• Price to Earnings (P/E): 6.4
• Beta (1Y): 1.39
• Revenue Growth: 13.83%
• EPS Growth: 21.16%
• Country: IN
• Employees: 1,004
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Luxury Goods
• EPS (TTM): 7.06
• Shares Outstanding: 48,847,443
• 10 Day Avg. Volume: 7,259
• 30 Day Avg. Volume: 8,118
• PEG Ratio: 0.83
• Price to Book (P/B): 1.39
• Price to Sales (P/S): 0.42
• P/FCF Ratio: -9.52
• 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: 66 Neutral
• Price Target: ₹156.00 ▼(-15.74% Downside)
• Action: Reiterated Date: 04/02/26
• Date: Action: Reiterated 04/02/26

Overall score reflects solid fundamentals (growth and profitability) but meaningful balance-sheet leverage and recent cash-flow deterioration, plus weak technical momentum with the stock trading below major moving averages. Low P/E valuation provides a notable offset.

Positive Factors

Revenue Growth

Sustained ~21% revenue growth shows expanding customer demand and successful retail execution across the store network. Over the next 2-6 months this trend supports scale benefits, steadier inventory turns and the ability to leverage fixed costs, underpinning durable earnings growth.

Negative Factors

High Leverage

A relatively high debt-to-equity ratio means material reliance on external financing and higher fixed interest obligations. Over 2-6 months this reduces financial flexibility, raises refinancing and interest-rate risk, and can constrain investment or inventory funding during weaker sales periods.

Manoj Vaibhav Gems 'N' Jewellers Limited Business Overview & Revenue Model

Company Description

Manoj Vaibhav Gems 'N' Jewellers Limited engages in the jewelry retail business in India. The company sells gold and diamond jewelry, such as bangles, harams, earrings, chains, rings, necklaces, mangalsutra, vaddanam, pendants, bracelets, chockers...

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Manoj Vaibhav Gems 'N' Jewellers Limited engages in the jewelry retail business in India. The company sells gold and diamond jewelry, such as bangles, harams, earrings, chains, rings, necklaces, mangalsutra, vaddanam, pendants, bracelets, chockers...

How the Company Makes Money

MVGJL primarily makes money by retailing jewellery and collecting revenue at the point of sale from customers purchasing jewellery and related items through its physical stores. Its key revenue stream is the sale of jewellery products (with revenu...

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MVGJL primarily makes money by retailing jewellery and collecting revenue at the point of sale from customers purchasing jewellery and related items through its physical stores. Its key revenue stream is the sale of jewellery products (with revenu...

Manoj Vaibhav Gems 'N' Jewellers Limited Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	23.94B	23.84B	21.50B	20.27B	16.94B	14.34B
Gross Profit	2.97B	2.49B	2.79B	2.65B	2.08B	1.60B
EBITDA	1.76B	1.78B	1.60B	1.47B	1.08B	791.03M
Net Income	992.54M	1.00B	809.26M	715.96M	436.79M	207.37M
Balance Sheet
Total Assets	0.00	14.98B	13.99B	10.78B	9.00B	8.03B
Cash, Cash Equivalents and Short-Term Investments	297.59M	297.59M	1.75B	132.60M	63.93M	217.22M
Total Debt	0.00	4.00B	4.29B	4.85B	5.03B	4.89B
Total Liabilities	-7.19B	7.79B	7.82B	7.33B	6.27B	5.74B
Stockholders Equity	7.19B	7.19B	6.18B	3.45B	2.73B	2.29B
Cash Flow
Free Cash Flow	0.00	-1.05B	579.79M	678.72M	87.57M	-115.07M
Operating Cash Flow	0.00	-932.58M	595.10M	692.00M	89.57M	-115.07M
Investing Cash Flow	0.00	1.19B	-1.26B	-35.28M	13.03M	109.08M
Financing Cash Flow	0.00	-409.40M	937.82M	-588.05M	-255.90M	42.65M

Manoj Vaibhav Gems 'N' Jewellers Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 185.15
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MVGJL, the sentiment is Neutral. The current price of 185.15 is above the 20-day moving average (MA) of 148.50, above the 50-day MA of 159.29, and below the 200-day MA of 189.56, indicating a neutral trend. The MACD of -0.43 indicates Negative momentum. The RSI at 63.29 is Neutral, neither overbought nor oversold. The STOCH value of 94.52 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MVGJL.

Manoj Vaibhav Gems 'N' Jewellers Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SENCO	69 Neutral	₹53.08B	4.93	―	0.31%	20.18%	16.17%
MVGJL	66 Neutral	₹8.14B	6.41	―	―	13.83%	21.16%
TBZ	66 Neutral	₹9.13B	3.41	―	1.38%	14.86%	48.09%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
RAJESHEXPO	52 Neutral	₹30.78B	18.97	―	―	112.02%	244.77%
LYPSAGEMS	46 Neutral	₹154.20M	3.21	―	―	―	―

Manoj Vaibhav Gems 'N' Jewellers Limited Corporate Events