Grover Jewells Limited

Grover Jewells Limited (GJL) is a micro-cap Consumer Durables company valued at ₹603 crore operating in Gems, Jewellery And Watches on the NSE and BSE.

Recent price move

Grover Jewells Limited last traded at ₹415.55, unchanged on the day.

Financial performance

The company's business is improving, with annual revenue rising 78.8% and net profit jumping 164.6% year-over-year. The latest quarter saw revenue of ₹536 crore and net profit of ₹17 crore, both higher than the same quarter a year earlier. The net profit margin widened to 2.6% from 1.7% in the prior year, while return on equity and return on capital employed remained strong at 30.5% and 29.2%, respectively.

Valuation multiples

The stock trades at 28.5 times earnings, 5.67 times book value.

Things to watch

The company has not paid out any dividends despite reporting repeated profits, which may raise concerns about its capital allocation strategy. The stock is currently 1.3% below its 52-week high, and the market cap is ₹673 crore, placing it in the micro-cap category. The company's debt to equity ratio is 0.39, indicating a relatively low leverage position.

Where it stands

Grover Jewells Limited has delivered strong growth in both revenue and net profit over the past year and quarter, with a widening net profit margin. The company's return on equity and return on capital employed remain robust, but it has not distributed any dividends to shareholders. The stock is currently trading 1.3% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.