PC Jeweller Ltd. (PCJEWELLER) AI Stock Analysis

• Market Cap: ₹88.24B
• Dividend Yield: N/A
• Average Volume (3M): 16.71M
• Price to Earnings (P/E): 12.4
• Beta (1Y): 1.12
• Revenue Growth: 173.56%
• EPS Growth: N/A
• Country: IN
• Employees: 614
• Sector: Consumer Cyclical
• Sector Strength: 71
• Industry: Luxury Goods
• EPS (TTM): 0.25
• Shares Outstanding: 6,575,376,500
• 10 Day Avg. Volume: 9,610,586
• 30 Day Avg. Volume: 16,707,058
• PEG Ratio: -0.01
• Price to Book (P/B): 1.13
• Price to Sales (P/S): 3.11
• P/FCF Ratio: -10.33
• 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: ₹14.50
• Price Target Upside: 8.86% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 58 Neutral
• Price Target: ₹14.50 ▲(8.86% Upside)

PC Jeweller's overall score reflects a mixed financial performance with signs of recovery in profitability and financial stability, but ongoing cash flow challenges. The technical analysis indicates bearish momentum, while the valuation suggests reasonable pricing. The absence of earnings call and corporate events data limits further insights.

PC Jeweller Ltd. Business Overview & Revenue Model

Company Description

PC Jeweller Ltd. (PCJEWELLER) is a prominent jewelry retail company headquartered in India. The company specializes in the design, manufacture, and sale of gold jewelry, diamond jewelry, and other precious metal ornaments. With a strong retail presence across the country, PC Jeweller offers a wide range of products catering to various customer preferences, including traditional, modern, and contemporary designs. The company is known for its high-quality craftsmanship and commitment to customer satisfaction.

How the Company Makes Money

PC Jeweller Ltd. generates revenue primarily through the sale of jewelry products, including gold and diamond jewelry. The company's core revenue streams include retail sales across its network of physical stores and through its online platform, where it reaches a broad customer base. Additionally, PC Jeweller may earn from custom jewelry orders and specialized jewelry services. Key factors contributing to its earnings include its extensive product portfolio, brand reputation, and customer loyalty. Partnerships with financial institutions for consumer financing options and collaborations with designers for exclusive collections further bolster its revenue potential.

PC Jeweller Ltd. Financial Statement Overview

Summary

PC Jeweller demonstrates a promising recovery in profitability and financial stability with positive margins and improved leverage. However, the inconsistency in revenue growth and negative free cash flow indicate ongoing challenges, necessitating careful monitoring of cash flow sustainability.

Income Statement

PC Jeweller has shown improvement in profitability with a significant positive net profit margin of 25.74% and a gross profit margin of 19.32% in the latest year. However, revenue growth remains inconsistent, showing a decline from 2020 to 2021, and a recent sharp recovery. Notably, EBIT and EBITDA margins have recovered from negative values in recent years to positive figures, indicating a return to operational efficiency.

Balance Sheet

The company boasts a strong equity base with an equity ratio of 73.6%, indicating financial stability. The debt-to-equity ratio has improved over the years, reflecting better leverage management, though it remains a point to monitor at 0.35. The return on equity is strong at 9.33%, suggesting effective use of shareholder funds, despite past volatility.

Cash Flow

Cash flow performance is mixed, with a concerning negative free cash flow in the latest year despite positive operating cash flow. The operating cash flow to net income ratio is negative, indicating potential sustainability issues. However, free cash flow to net income ratio is improving from previous periods, suggesting gradual recovery.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	15.94B	22.45B	24.73B	6.05B	16.06B	28.26B
Gross Profit	2.92B	4.34B	3.84B	-701.50M	1.93B	5.51B
EBITDA	3.47B	5.22B	4.09B	-1.16B	-479.70M	4.25B
Net Income	3.61B	5.78B	-2.03B	-6.29B	-3.91B	620.00M
Balance Sheet
Total Assets	0.00	84.12B	76.36B	72.69B	75.45B	78.98B
Cash, Cash Equivalents and Short-Term Investments	133.40M	637.80M	500.80M	73.40M	628.50M	1.01B
Total Debt	0.00	21.51B	37.36B	41.50B	33.91B	24.14B
Total Liabilities	-34.28B	22.20B	39.45B	43.38B	36.56B	36.28B
Stockholders Equity	34.28B	61.93B	36.91B	29.31B	38.89B	42.69B
Cash Flow
Free Cash Flow	0.00	-6.75B	965.80M	637.30M	-7.23B	1.14B
Operating Cash Flow	0.00	-6.75B	989.50M	638.60M	-7.19B	1.15B
Investing Cash Flow	0.00	18.60M	304.80M	70.60M	1.15B	943.20M
Financing Cash Flow	0.00	7.31B	-1.11B	-1.08B	5.70B	-1.79B

PC Jeweller Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 13.32
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PCJEWELLER, the sentiment is Negative. The current price of 13.32 is below the 20-day moving average (MA) of 14.83, below the 50-day MA of 14.33, and below the 200-day MA of 14.21, indicating a bearish trend. The MACD of -0.42 indicates Positive momentum. The RSI at 35.12 is Neutral, neither overbought nor oversold. The STOCH value of 4.48 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:PCJEWELLER.

PC Jeweller Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	67 Neutral	¥277.28B	14.74	6.81%	2.50%	5.07%	-23.76%
TBZ	66 Neutral	₹12.68B	17.17		0.93%	13.93%	22.81%
SENCO	61 Neutral	₹55.39B	25.80		0.15%	27.47%	-0.43%
PCJEWELLER	58 Neutral	₹88.24B	12.38		―	173.56%	―
THANGAMAYL	58 Neutral	₹61.40B	55.39		0.63%	28.28%	-16.65%

PC Jeweller Ltd. Corporate Events

PC Jeweller Ltd. Reports Strong Q1 Performance and Debt Reduction Progress

PC Jeweller Ltd. reported a significant increase in its operating profit after tax (PAT) to Rs 164 crores in Q1 of the current financial year, compared to Rs 49 crores in the same period last year, excluding exceptional items. The company has been actively reducing its debt, with a goal to become debt-free by the end of FY 2025-2026, and has raised substantial funds through equity issuance and preferential allotments to cover its remaining outstanding debt.

PC Jeweller Confirms Proper Utilization of Issue Proceeds

PC Jeweller Ltd. has announced that there is no deviation or variation in the utilization of proceeds from its preferential issue of Fully Convertible Warrants, as confirmed by their audit committee. The funds raised have been allocated towards repayment of bank debts, working capital requirements, and general corporate purposes, with no significant changes in the original allocation plan. This announcement underscores the company’s adherence to its financial strategies and commitments, potentially reinforcing stakeholder confidence.