Shubhlaxmi Jewel Art Limited

Shubhlaxmi Jewel Art Limited (SHUBHLAXMI) is a micro-cap Consumer Durables company valued at ₹17 crore operating in Gems, Jewellery And Watches on the NSE and BSE.

Recent price move

Shubhlaxmi Jewel Art Limited last traded at ₹15.5, unchanged on the day.

Recent developments

2026-09-07: Promoter holding fell by 6.31% to 57.31%, raising concerns about confidence. 2026-03-31: The latest quarter reported a ₹2 crore net loss, contrasting with a ₹0 crore loss in the same quarter a year earlier. 2026-06-30: The company is capitalizing interest costs, which may affect financial reporting.

Financial performance

The company's revenue grew 14.1% annually, but net profit remained flat at ₹1 crore. The latest quarter saw revenue rise 29.4% year-on-year to ₹40 crore, but net profit turned to a ₹2 crore loss, widening from a ₹0 crore loss a year earlier. Margins improved slightly to 1.7% from 1.6%, but returns remain low with return on equity at 4.6%.

Valuation multiples

The stock trades at 15.5 times earnings, 0.79 times book value.

Things to watch

The company's net profit has widened to a loss in the latest quarter, signaling instability. Promoter holding has decreased, which could indicate reduced confidence. The stock is trading 53.8% below its 52-week high, suggesting poor investor sentiment.

Where it stands

The DocStoX verdict of avoid follows from the company's recent net loss and declining promoter holding, which signal weakness. The most critical factor is the widening net loss in the latest quarter, which undermines profitability.

Summarised by DocStoX's model on 2026-09-08 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.