Manoj Vaibhav Gems N Jewellers Ltd Stock Price Today (NSE: MVGJL)

Manoj Vaibhav Gems N Jewellers Ltd

150.581.22 (0.80%)
Market Closed

Fundamental Score

...

Manoj Vaibhav Gems N Jewellers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Manoj Vaibhav Gems N Jewellers Ltd share price today is 150.58, down 0.80% on NSE/BSE as of 17 June 2026. Manoj Vaibhav Gems N Jewellers Ltd (MVGJL) is a Small-cap company in the Gems, Jewellery And Watches sector with a market capitalisation of 910.85 (Cr). The 52-week high for MVGJL share price is 266.00 and the 52-week low is 129.10. At a P/E ratio of 8.73x, MVGJL is currently trading below its industry average P/E of 28.63x. The company has a Return on Equity (ROE) of 15.03% and a debt-to-equity ratio of 0.53.

Manoj Vaibhav Gems N Jewellers Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
185.05
Low
148.06
Volume
72.9K
Change
-12.34%

Manoj Vaibhav Gems N Jewellers Ltd share price chart: -12.34% return over the past month. 52-week high ₹266.00, 52-week low ₹129.10.

Manoj Vaibhav Gems N Jewellers Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
154.01156.28153.00155.0232.16K (Cr)
152.52160.00152.52156.2143.91K (Cr)
152.06160.00152.00152.5254.03K (Cr)
155.50157.50154.50155.6461.79K (Cr)
152.20158.00151.00155.2790.48K (Cr)
160.00160.00148.06152.203.24L (Cr)
170.00171.04160.35164.5238.93K (Cr)
168.70173.19166.00170.041.01L (Cr)
155.00165.98153.86164.7654.76K (Cr)
157.90158.37155.28156.0924.71K (Cr)

Manoj Vaibhav Gems N Jewellers Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
152.52160.00152.52155.02+1.64%
178.90185.05148.06152.52-14.75%
137.80183.40135.10173.43+25.86%
150.95160.03129.10131.97-12.57%
173.66197.70153.50157.07-9.55%
181.10194.76160.50170.14-6.05%
189.00196.00174.35181.12-4.17%
189.86214.79188.33189.11-0.40%
189.10197.69179.08189.86+0.40%
195.90211.40187.91189.48-3.28%
203.00224.00195.10196.60-3.15%
228.99238.80199.91204.53-10.68%

AI Research Briefing

Powered by Gemini · 2026-04-10

Small-cap jeweler expanding aggressively, but liquidity risk and regional focus demand caution.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEBreakdown; 1M: -1.84% | 3M: -6.36% | 6M: -30.16%.Cheap; P/E 8.73x vs Industry P/E 28.63x.

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

Manoj Vaibhav Gems N Jewellers (MVGJL) submitted a SEBI compliance certificate for Q4 FY26. The trading window for designated persons and their immediate relatives closed on April 1, 2026, and will remain shut until 48 hours after the declaration of audited financial results for FY26. Vaibhav Jewellers is expanding in Visakhapatnam with a Cr franchise deal.

CORE STORY (THE REAL GAME)

Vaibhav Jewellers is a play on the rising domestic demand for gems and jewelry in India, particularly in Tier 2/3 cities. The company is expanding through franchise agreements, signaling a capital-light growth strategy.

Why Now
  • Franchise expansion underway
  • Industry aiming for 10-15% domestic sales growth
  • Trading window closed ahead of FY26 results
Potential Catalysts
  • Strong Q4 FY26 results
  • New store openings exceeding expectations
  • Increase in FII/DII stake
Key Risks
  • Micro-cap liquidity risk
  • High promoter holding limits float
  • Regional concentration exposes it to local economic downturns
Institutional Activity

FII decreased stake by 0.17%.

Macro Context

Gems and jewellery sector aims to increase domestic sales by up to 15% in 2026 to offset war impact on exports.

Order Book / Expansion

Vaibhav Jewellers Expands in Visakhapatnam with ₹200 Cr Franchise Deal.

Cash Flow Quality

Yes; Free Cash Flow 5Y: ₹52.61 Cr.

3–6 Month Outlook

Expansion into new geographies and product diversification are key to long-term growth. Monitor same-store sales growth and working capital management.

Primary Thesis Risk

Liquidity risk and regional concentration could derail growth.

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

Returns & Performance

Average

Return on Equity (ROE)

15.03%

Profit generated per ₹1 of shareholder equity

Average

Return on Capital (ROCE)

15.79%

Returns generated on total capital deployed

Poor

Oper. Profit Margin (5Y Avg)

6.69%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Manoj Vaibhav Gems N Jewellers Ltd Valuation Check

Excellent

Price to Earnings (P/E)

8.73x

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

74.27%

% shares held by company founders/management

Poor

FII Holding

0.60%

% shares held by foreign institutional investors

Poor

DII Holding

1.11%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Good

Profit Growth (Quarterly YoY)

19.02%

Net profit growth vs same quarter last year

Good

Revenue Growth (Quarterly YoY)

17.69%

Revenue growth vs same quarter last year

Excellent

Revenue Growth (5-Year CAGR)

13.30%

Compounded annual revenue growth over 5 years

Poor

EPS Growth (5-Year CAGR)

-3.90%

Earnings per share growth over 5 years

Excellent

Net Profit Growth (5-Year CAGR)

32.60%

Compounded annual net profit growth over 5 years

Balance Sheet Health

Poor

Debt to Equity Ratio

0.53x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.61x

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

Free Cash Flow (5-Year Total)

52.61 (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

Manoj Vaibhav Gems N Jewellers Ltd Fundamental Analysis & Valuation Benchmarking

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

Positive Indicators

9 factors identified

Strong Return on Equity (15.03%)

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 (15.79%)

Observation: Superior returns on capital employed across business operations.

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

Attractive Valuation (P/E: 8.73 vs Industry: 28.63)

Observation: Trading at discount to industry peers.

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

Strong Revenue Growth (17.69%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Consistent Growth Track Record (13.30% CAGR)

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

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

Strong Profit Growth Track Record (32.60% CAGR)

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

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

Strong Cash Generation (₹52.61 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Balanced Promoter Holding (74.27%)

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

3 factors identified

Weak Earnings Growth (-3.90% CAGR)

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

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

Limited Institutional Interest (FII+DII: 1.71%)

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.

Manoj Vaibhav Gems N Jewellers Ltd vs Gems, Jewellery And Watches Peers

Peer Comparison - Gems, Jewellery And Watches

Compare Manoj Vaibhav Gems N Jewellers Ltd 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
59.3/100
151
₹910.85
8.7
Average
15.03%
Good
15.79%
Good
0.5
Good
32.60%
Excellent
13.30%
Good
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%

Manoj Vaibhav Gems N Jewellers Ltd PE Ratio History

Historical price-to-earnings ratio for MVGJL — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202520.56₹181.128.8x
FY 202418.37₹280.0215.2x
FY 202314.66₹318.8021.8x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Manoj Vaibhav Gems N Jewellers Ltd Quarterly Performance

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

Revenue Growth (YoY)

17.69%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

19.02%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

13.30%

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

32.60%

Compounded annual net profit growth over 5 years

Manoj Vaibhav Gems N Jewellers Ltd Technical Indicators

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

29RSI 14
Oversold — RSI 29

Selling pressure is heavy — potential reversal zone.

SMA 50
162
▼ Price below SMA 50 — Short-term bearish
SMA 200
180
▼ Price below SMA 200 — Long-term downtrend
30-Day Avg Volume
70K shares/day
Average daily traded volume over last 30 trading sessions

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

Manoj Vaibhav Gems N Jewellers Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Manoj Vaibhav Gems N Jewellers Ltd (MVGJL) — sourced from NSE/BSE filings.

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Fetching financial data for Manoj Vaibhav Gems N Jewellers Ltd

About MVGJL (Manoj Vaibhav Gems N Jewellers Ltd)

Manoj Vaibhav Gems N Jewellers Ltd is a prominent player in the Indian gems and jewelry market, renowned for its exquisite craftsmanship and diverse range of offerings under the es...teemed "Vaibhav Jewellers" brand. The company meticulously curates a dazzling collection of gold ornaments, showcasing traditional designs alongside contemporary styles. Customers are captivated by the intricate detailing found in their gold bangles, harams, and vaddanams, each piece reflecting the rich cultural heritage of India. Beyond these signature items, Vaibhav Jewellers presents a comprehensive array of gold jewelry, including intricately designed lockets, vankys, chains, and rings, catering to a wide spectrum of tastes and preferences. Maang tikkas, necklaces, earrings, pendants, mangalsutras, chokers and bracelets add to the splendor. The allure of Manoj Vaibhav Gems N Jewellers extends beyond gold, encompassing a captivating selection of diamond jewelry that embodies elegance and sophistication. The company's diamond bangles, bracelets, earrings, and mangalsutras radiate brilliance, while their diamond necklaces, nose pins, pendants, pendant sets, and rings offer a touch of glamour for every occasion. Each diamond is carefully selected and meticulously set, ensuring that every piece meets the highest standards of quality and craftsmanship. Diamond vaddanams are another speciality.The use of cutting-edge technology and skilled artisans guarantees that each piece is a masterpiece, reflecting timeless beauty and enduring value. Furthermore, Manoj Vaibhav Gems N Jewellers acknowledges the enduring appeal of silver, presenting a carefully curated range of silver products that blend traditional aesthetics with modern functionality. Their silver gift items make ideal presents for special occasions. The company strives to provide a holistic shopping experience, characterized by exceptional customer service, transparent pricing, and a commitment to ethical sourcing. Manoj Vaibhav Gems N Jewellers Ltd endeavors to maintain its position as a trusted and respected name in the Indian jewelry industry, delivering unparalleled quality and design to its discerning clientele.

Company Details

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

Key Leadership

Ms. Bharata Mallika Ratna Kumari Grandhi
Chairman & MD
Ms. Grandhi Sai Keerthana
CFO & Whole-time Director
Mr. Bandari Shiva Krishna
Company Secretary & Compliance Officer

MVGJL Share Price: Frequently Asked Questions

What is the current share price of Manoj Vaibhav Gems N Jewellers Ltd?

Manoj Vaibhav Gems N Jewellers Ltd (MVGJL) trades at ₹150.58 on NSE and BSE. Market cap ₹910.85 (Cr). Educational data only.

What is the P/E ratio of Manoj Vaibhav Gems N Jewellers Ltd?

Manoj Vaibhav Gems N Jewellers Ltd has a P/E of 8.73x vs industry average 28.63x.

What is the Bull Run score for Manoj Vaibhav Gems N Jewellers Ltd?

Manoj Vaibhav Gems N Jewellers Ltd has a Bull Run score of 59.3/100 based on 25+ financial parameters.

Does Manoj Vaibhav Gems N Jewellers Ltd pay dividends?

Manoj Vaibhav Gems N Jewellers Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Manoj Vaibhav Gems N Jewellers Ltd?

Manoj Vaibhav Gems N Jewellers Ltd has ROE of 15.03%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Manoj Vaibhav Gems N Jewellers Ltd?

Manoj Vaibhav Gems N Jewellers Ltd has debt-to-equity of 0.53.

Is Manoj Vaibhav Gems N Jewellers Ltd a good investment?

Bull Run gives Manoj Vaibhav Gems N Jewellers Ltd a score of 59.3/100. This is not investment advice — consult a SEBI-registered advisor.