MV

Manoj Vaibhav Gems N Jewellers Ltd

Q4 FY25Consumer Durables

Manoj Vaibhav Gems N Jewellers Q4 FY25 earnings call: Revenue & Margins

Q4 FY25 earnings call: what management said on revenue, margins and capex.

Revenue
₹705Cr
+29.1% YoY
Net profit
₹27Cr
+28.6% YoY
Margin
6%
−1 pp YoY

What the Q4 FY25 call signalled

1 of 3 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
Price₹150
Market cap₹825 Cr
P/E7.1

The short version

The company targets an annualized same-store sales growth (SSD) of around 10% to 12% for the coming years. The company targets a top-line growth of around 10%-12% annually, factoring in both same-store sales growth and new store additions.

From Manoj Vaibhav Gems N Jewellers Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Moderate growth
  • The company targets an annualized same-store sales growth (SSD) of around 10% to 12% for the coming years.
  • New stores opened last year contributed significantly, with expectations of normal 10% growth annually in these stores.
  • Silver jewellery stores aim for initial inventory turnover of 1.25-1.5x, scaling to 2.5x in 3 years, with EBITDA margins of 25-30%.
  • Gold jewellery stores expect steady 10% growth; flagship stores target sales of INR 60-100 crores over 3-5 years.
  • The premium Visesha store (6,000+ sq ft) targets around INR 150-200 crores revenue in its first year.

2 more points from Manoj Vaibhav Gems N Jewellers Ltd's call on revenue

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Profitability & Margins

See what Manoj Vaibhav Gems N Jewellers Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • The company plans to open around 10 silver jewellery showrooms in the current year, with 5 to 6 locations already finalized and 4 under consideration.
  • Average store size for silver jewellery showrooms is around 2,000 to 2,500 square feet, with capex of approximately INR 5,000 to 6,000 per square foot.
  • The upcoming Visesha store is a larger, premium store of about 6,000+ square feet, expected to open by September.
  • Total capex for opening new silver and gold stores in the year is expected to be around INR 15 to 18 crores, with an overall estimated capex including Visesha up to INR 21 to 22 crores.
  • Inventory investment for silver stores is about 75 kg per store; for gold stores 35 to 40 kg depending on location.

2 more points from Manoj Vaibhav Gems N Jewellers Ltd's call on capex

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Top-ranked in Consumer Durables

Ranked on what management guided this quarter

Guidance-ranked
1Nanta Tech
Rev 1Mar 1
2Deepa Jewellers
Rev 1Mar 2
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 1Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Manoj Vaibhav Gems N Jewellers Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

See what Manoj Vaibhav Gems N Jewellers Ltd said on order book & pipeline — free account, 30 seconds.

Manoj Vaibhav Gems N Jewellers Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Manoj Vaibhav Gems N Jewellers Ltd Q4 FY25 results — key figures

Manoj Vaibhav Gems N Jewellers Ltd Q4 FY25 reported results vs Q4 FY24, ₹ crore
₹ CrQ4 FY25Q4 FY24YoYQ3 FY25QoQ
Revenue705546+29.1%498+41.6%
Operating profit (EBITDA)4637+24.3%38+21.1%
Operating margin6%7%-1 pp8%-2 pp
Profit before tax3628+28.6%29+24.1%
Net profit (PAT)2721+28.6%25+8%
EPS (₹)5.474.21+29.9%5.17+5.8%

Source: reported quarterly figures (Screener), ₹ crore.

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹754 Cr, net profit ₹28 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Manoj Vaibhav's management said in earlier quarters

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Frequently Asked Questions

What were Manoj Vaibhav Gems N Jewellers Ltd Q4 FY25 results?

The company targets an annualized same-store sales growth (SSD) of around 10% to 12% for the coming years. The company targets a top-line growth of around 10%-12% annually, factoring in both same-store sales growth and new store additions.

What is Manoj Vaibhav Gems N Jewellers Ltd share price analysis?

Manoj Vaibhav Gems N Jewellers Ltd currently shows a below-average growth signal. The stock trades at a P/E of 7.1 with a market cap of ₹825 Cr. Investors should review the full earnings analysis for detailed insights.

Is Manoj Vaibhav Gems N Jewellers Ltd planning capital expenditure?

The company plans to open around 10 silver jewellery showrooms in the current year, with 5 to 6 locations already finalized and 4 under consideration.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.