AJC Jewel Manufacturers Limited Stock Price Today (NSE: AJCJEWEL)

AJC Jewel Manufacturers Limited

103.000.50 (0.48%)
Market Closed

Fundamental Score

...

AJC Jewel Manufacturers Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

AJC Jewel Manufacturers Limited share price today is 103.00, down 0.48% on NSE/BSE as of 17 June 2026. AJC Jewel Manufacturers Limited (AJCJEWEL) is a Small-cap company in the Gems, Jewellery And Watches sector with a market capitalisation of 58.26 (Cr). The 52-week high for AJCJEWEL share price is 141.75 and the 52-week low is 71.15. At a P/E ratio of 13.74x, AJCJEWEL is currently trading below its industry average P/E of 28.63x. The company has a Return on Equity (ROE) of 21.71% and a debt-to-equity ratio of 1.25.

AJC Jewel Manufacturers Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
103.00
Low
93.10
Volume
4.4K
Change
-4.96%

AJC Jewel Manufacturers Limited share price chart: -4.96% return over the past month. 52-week high ₹141.75, 52-week low ₹71.15.

AJC Jewel Manufacturers Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
98.0098.0098.0098.001.20K (Cr)
98.1098.1098.1098.100.00 (Cr)
92.0098.2090.1098.1018.00K (Cr)
98.0098.0094.8094.806.00K (Cr)
99.7599.7599.7599.751.20K (Cr)
99.7599.7598.0098.004.80K (Cr)
99.7599.7599.7599.751.20K (Cr)
96.0096.0096.0096.0021.60K (Cr)
93.5096.0093.5096.002.40K (Cr)
95.0095.0095.0095.004.80K (Cr)

AJC Jewel Manufacturers Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
98.1098.1098.0098.00-0.10%
98.5099.7590.1098.10-0.41%
82.95108.0082.95100.50+21.16%
141.75141.7581.4581.45-42.54%
95.50140.0190.00140.00+46.60%
92.0098.1071.1595.13+3.40%
95.0097.0085.0095.50+0.53%
90.79108.2590.0095.67+5.38%
89.0098.0082.6090.79+2.01%
98.50102.0080.0090.00-8.63%
95.00111.0090.0097.60+2.74%
99.00109.8479.6197.20-1.82%

AI Research Briefing

Powered by Gemini · 2026-04-17

Micro-cap jeweller attempting a B2C pivot in a declining export market; liquidity risk is too high.

Research Confidence
5.0/10Moderate
MICRO-CAP DARK HORSEPrice has been volatile. 1M is up 5.74%, but 3M is down -2.04%.P/E of 13.74x is below the industry P/E of 28.63x, but this is justified given the micro-cap status and execution risk.

WHAT'S HAPPENING NOW (last 2-4 weeks)

AJC Jewel Manufacturers' subsidiary, Esthara Jewels, inaugurated a new silver jewellery showroom in Thrissur on April 6, 2026. The company is seeking shareholder approval via postal ballot for increasing borrowing limits to and related party transactions with Esthara Jewels up to E-voting is open until April 22, 2026.

CORE STORY (THE REAL GAME)

AJC Jewel is trying to scale up its B2C play (silver jewellery) while managing its B2B gold manufacturing. The market is watching if they can successfully navigate the transition and compete with established players.

Why Now
  • New showroom launch signals B2C push
  • Seeking increased borrowing limits for expansion
  • Strong Q3 results provide some momentum
Potential Catalysts
  • Successful B2C launch with strong sales figures
  • Significant order wins in the B2B segment
  • Further margin expansion and cost optimization
Key Risks
  • Micro-cap liquidity risk
  • Elevated Debt/Equity ratio of 1.25x
  • Intense competition in the silver jewellery market
Institutional Activity

FII and DII holdings have decreased significantly.

Macro Context

Gem and jewellery exports declined 3.32% in FY26, with a sharp drop in US demand.

Order Book / Expansion

No major order book news found after live search.

Cash Flow Quality

Negative Free Cash Flow of ₹-13.02 Cr over the last 5 years.

3–6 Month Outlook

Next 3-6 months hinges on the success of the Esthara Jewels launch and ability to manage debt. B2B performance needs to remain strong to support the B2C investment.

Primary Thesis Risk

Failure to execute B2C pivot and manage debt will lead to collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Excellent

Return on Equity (ROE)

21.71%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

14.68%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

2.14%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

AJC Jewel Manufacturers Limited Valuation Check

Excellent

Price to Earnings (P/E)

13.74x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

28.63x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

56.33%

% shares held by company founders/management

Poor

FII Holding

2.00%

% shares held by foreign institutional investors

Poor

DII Holding

2.47%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

112.20%

Net profit growth vs same quarter last year

Poor

Revenue Growth (Quarterly YoY)

-7.07%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.25x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

3.31x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-13.02 (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

AJC Jewel Manufacturers Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AJCJEWEL across key market metrics for learning purposes.

Positive Indicators

5 factors identified

Strong Return on Equity (21.71%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Attractive Valuation (P/E: 13.74 vs Industry: 28.63)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (112.20%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Balanced Promoter Holding (56.33%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

6 factors identified

Margin Pressure Concerns (2.14%)

Observation: Operating margins are below industry standards.

Analysis: OPM <5% may indicate pricing pressures or cost management challenges.

Revenue Contraction (-7.07%)

Observation: Sales decline may indicate market challenges or competitive pressures.

Analysis: Negative revenue growth requires analysis of market conditions.

Elevated Debt Levels (D/E: 1.25)

Observation: High leverage increases financial risk and interest burden.

Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.

Negative Free Cash Flow (₹-13.02 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

Limited Institutional Interest (FII+DII: 4.47%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

AJC Jewel Manufacturers Limited vs Gems, Jewellery And Watches Peers

Peer Comparison - Gems, Jewellery And Watches

Compare AJC Jewel Manufacturers Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
33/100
103
₹58.26
13.7
Average
21.71%
Excellent
14.68%
Average
1.3
Average
0.00%
69.7/100
4138
₹345673.26
83.7
Average
31.75%
Excellent
19.14%
Good
1.0
Good
17.32%
Excellent
23.49%
Excellent
0.28%
53.2/100
355
₹52335.30
56.2
Average
15.95%
Good
15.03%
Good
1.0
Good
38.25%
Excellent
19.91%
Excellent
0.30%
61.4/100
3924
₹10450.02
56.9
Average
14.88%
Average
13.74%
Average
1.0
Good
21.06%
Excellent
23.75%
Excellent
0.37%
61.6/100
536
₹8588.27
28.9
Average
20.97%
Excellent
19.41%
Good
0.8
Good
52.06%
Excellent
25.28%
Excellent
0.00%
4.2/100
470
₹8466.37
-35.81%
Poor
-0.57%
Poor
1.1
Average
47.33%
Excellent
0.00%
Ethos Ltd...
ETHOSLTD543532
58.1/100
2390
₹7976.04
83.9
Average
10.36%
Average
13.75%
Average
0.2
Excellent
120.26%
Excellent
22.28%
Excellent
0.00%
45.2/100
9
₹7181.78
11.7
Average
12.68%
Average
6.55%
Poor
0.2
Excellent
47.54%
Excellent
-15.49%
Poor
0.00%
39/100
122
₹5530.18
41.9
Average
0.61%
Poor
1.47%
Poor
0.1
Excellent
-39.86%
Poor
16.68%
Excellent
0.00%
Sky Gold Ltd...
SKYGOLD541967
41.6/100
487
₹5165.48
27.9
Average
25.46%
Excellent
21.21%
Excellent
0.8
Good
0.00%
43.4/100
340
₹5087.55
20.2
Average
9.83%
Poor
10.39%
Average
1.1
Average
12.69%
Good
20.93%
Excellent
0.32%

AJC Jewel Manufacturers Limited Quarterly Performance

Latest quarterly metrics for AJCJEWEL — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

-7.07%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

112.20%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

AJC Jewel Manufacturers Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AJCJEWEL — calculated from daily price history

37RSI 14
Neutral — RSI 37

Momentum is balanced — neither overbought nor oversold.

SMA 50
101
▲ Price above SMA 50 — Short-term bullish
30-Day Avg Volume
5K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

AJC Jewel Manufacturers Limited Financial Statements

Annual income statement, balance sheet and cash flow for AJC Jewel Manufacturers Limited (AJCJEWEL) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for AJC Jewel Manufacturers Limited

About AJCJEWEL (AJC Jewel Manufacturers Limited)

AJC Jewel Manufacturers Limited is a distinguished creator of fine gold jewelry, crafting exquisite pieces for the wholesale market in India. Steeped in the rich tradition of India...n craftsmanship, AJCJEWEL blends time-honored techniques with contemporary designs to produce a diverse range of adornments. Their collections encompass both minimalist elegance and intricately embellished styles, utilizing the purity of 22 and 18 karat gold. From the understated beauty of plain gold pieces to the dazzling brilliance of studded creations, each item reflects a commitment to quality and artistry. AJCJEWEL strives to capture the essence of individual expression through its stunning array of jewelry. The company's extensive product line showcases the versatility of gold, offering a captivating selection for every occasion. Delicate anklets dance with subtle charm, while bold bangles and bracelets make a statement of confidence. Sparkling earrings frame the face with grace, and necklaces cascade with captivating allure. Whether it's the simple elegance of a nose pin, the sentimental value of a pendant, or the timeless appeal of a ring, AJCJEWEL ensures that each piece is meticulously crafted to perfection. They also specialize in creating personalized name jewelry, allowing customers to celebrate their individuality through customized bracelets, pendants, and rings. Based in Malappuram, India, since its inception in 1999, AJCJEWEL is dedicated to serving the needs of dealers, showrooms, and independent jewelry shops. They have cultivated a reputation for reliability and exceptional service, striving to foster lasting partnerships with their clients. AJCJEWEL empowers its partners to present a curated collection of gold jewelry that embodies both tradition and innovation. The company's unwavering commitment to quality and design excellence has solidified its position as a premier manufacturer in the Indian gold jewelry market, continuing to inspire and delight customers with its beautiful creations.

Company Details

Symbol:AJCJEWEL
Industry:Gems, Jewellery And Watches
Sector:Gems, Jewellery And Watches

Key Leadership

Mr. Ashraf Perinkadakkad
Chairman & MD
Mr. Karattu Vellattu Mahesh
Chief Financial Officer
Ms. Reshmi Kovilakam Nilambur
Company Secretary & Compliance Officer

AJCJEWEL Share Price: Frequently Asked Questions

What is the current share price of AJC Jewel Manufacturers Limited?

AJC Jewel Manufacturers Limited (AJCJEWEL) trades at ₹103.00 on NSE and BSE. Market cap ₹58.26 (Cr). Educational data only.

What is the P/E ratio of AJC Jewel Manufacturers Limited?

AJC Jewel Manufacturers Limited has a P/E of 13.74x vs industry average 28.63x.

What is the Bull Run score for AJC Jewel Manufacturers Limited?

AJC Jewel Manufacturers Limited has a Bull Run score of 33/100 based on 25+ financial parameters.

Does AJC Jewel Manufacturers Limited pay dividends?

AJC Jewel Manufacturers Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of AJC Jewel Manufacturers Limited?

AJC Jewel Manufacturers Limited has ROE of 21.71%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of AJC Jewel Manufacturers Limited?

AJC Jewel Manufacturers Limited has debt-to-equity of 1.25.

Is AJC Jewel Manufacturers Limited a good investment?

Bull Run gives AJC Jewel Manufacturers Limited a score of 33/100. This is not investment advice — consult a SEBI-registered advisor.