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

AJC Jewel Manufacturers Limited

109.00+0.00 (+0.00%)
Market Closed

Fundamental Score

...

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

AJC Jewel Manufacturers Limited share price today is 109.00, up +0.00% on NSE/BSE as of 31 July 2026. AJC Jewel Manufacturers Limited (AJCJEWEL) is a Small-cap company in the Gems, Jewellery And Watches sector with a market capitalisation of 60.87 (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 7.59x, AJCJEWEL is currently trading below its industry average P/E of 18.82x. The company has a Return on Equity (ROE) of 31.44% and a debt-to-equity ratio of 1.22.

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

No data
High
118.65
Low
87.00
Volume
12.9K
Change
+2.15%

AJC Jewel Manufacturers Limited share price chart: 2.15% return over the past month. 52-week high ₹141.75, 52-week low ₹71.15.

AJC Jewel Manufacturers Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
109.00109.00109.00109.001.20K (Cr)
109.30109.50109.00109.006.00K (Cr)
112.15113.00109.50113.008.40K (Cr)
115.00115.00115.00115.001.20K (Cr)
115.00118.65115.00117.506.00K (Cr)
113.20117.00113.20116.9813.20K (Cr)
116.89116.89114.00114.0024.00K (Cr)
110.95111.98110.95111.9821.60K (Cr)
110.00110.00105.07106.6522.80K (Cr)
110.00110.59110.00110.5936.00K (Cr)

AJC Jewel Manufacturers Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
103.55118.6587.00109.00+5.26%
98.10113.8588.0097.01-1.11%
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%

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)

31.44%

Profit generated per ₹1 of shareholder equity

Excellent

Return on Capital (ROCE)

22.28%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

2.89%

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)

7.59x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

18.82x

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

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Profit Growth (Quarterly YoY)

N/A

Net profit growth vs same quarter last year

Revenue Growth (Quarterly YoY)

N/A

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

33.90%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-16.81%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

56.29%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

1.22x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.36x

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

Free Cash Flow (5-Year Total)

-25.00 (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

7 factors identified

Strong Return on Equity (31.44%)

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.

Excellent ROCE Performance (22.28%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Attractive Valuation (P/E: 7.59 vs Industry: 18.82)

Observation: Trading at discount to industry peers.

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

Consistent Growth Track Record (33.90% CAGR)

Observation: Strong 5-year sales compound annual growth rate.

Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.

Strong Profit Growth Track Record (56.29% CAGR)

Observation: Consistent 5-year profit compound annual growth rate.

Analysis: Profit CAGR >15% demonstrates scalable business model.

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

5 factors identified

Margin Pressure Concerns (2.89%)

Observation: Operating margins are below industry standards.

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

Weak Earnings Growth (-16.81% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Elevated Debt Levels (D/E: 1.22)

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 (₹-25.00 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

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
45/100
109
₹60.87
7.6
Average
31.44%
Excellent
22.28%
Excellent
1.2
Average
56.29%
Excellent
33.90%
Excellent
0.00%
63.8/100
4875
₹406695.07
79.0
Average
37.69%
Excellent
20.54%
Excellent
1.9
Average
39.89%
Excellent
32.26%
Excellent
0.33%
58.1/100
613
₹56599.15
41.1
Average
24.80%
Excellent
20.52%
Excellent
1.0
Good
195.14%
Excellent
33.05%
Excellent
0.27%
67.5/100
5227
₹20626.37
58.4
Average
28.07%
Excellent
25.49%
Excellent
0.6
Good
32.49%
Excellent
36.12%
Excellent
0.27%
50.1/100
9
₹10253.64
14.3
Average
9.96%
Poor
9.58%
Poor
0.1
Excellent
63.07%
Excellent
3.49%
Average
0.00%
Sky Gold Ltd...
SKYGOLD541967
41.4/100
644
₹9761.86
35.5
Average
29.25%
Excellent
27.02%
Excellent
0.7
Good
0.00%
0/100
816
₹9581.21
645.6
Average
1.10%
Poor
7.07%
Poor
0.9
Good
0.00%
68.4/100
670
₹8073.95
19.6
Average
23.45%
Excellent
20.92%
Excellent
0.9
Good
273.14%
Excellent
41.37%
Excellent
0.00%
Ethos Ltd...
ETHOSLTD543532
52.8/100
2575
₹7120.33
74.2
Average
7.77%
Poor
9.82%
Poor
0.2
Excellent
82.60%
Excellent
33.06%
Excellent
0.00%
70/100
403
₹6107.99
10.6
Average
25.62%
Excellent
20.92%
Excellent
1.1
Average
56.47%
Excellent
25.94%
Excellent
0.27%
67.4/100
529
₹5615.42
70.8
Average
116.16%
Excellent
92.77%
Excellent
0.1
Excellent
64.09%
Excellent
41.48%
Excellent
0.00%

AJC Jewel Manufacturers Limited Quarterly Performance

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

Revenue Growth (YoY)

N/A

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

N/A

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

33.90%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

56.29%

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

73RSI 14
Overbought — RSI 73

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
101
▲ Price above SMA 50 — Short-term bullish
SMA 200
99
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
10K 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 ₹109.00 on NSE and BSE. Market cap ₹60.87 (Cr). Educational data only.

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

AJC Jewel Manufacturers Limited has a P/E of 7.59x vs industry average 18.82x.

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

AJC Jewel Manufacturers Limited has a Bull Run score of 45/100 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 31.44%. 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 1.22.

Is AJC Jewel Manufacturers Limited a good investment?

Bull Run gives AJC Jewel Manufacturers Limited a score of 45/100. This is not investment advice — consult a SEBI-registered advisor.