Grover Jewells Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹595 Cr
- P/E
- 20.97
- ROE
- 49.14%
- PEG
- 0.21
- Price to sales
- 0.69
- Debt to equity
- 1.12
- 52W high / low
- ₹526 / ₹91.4
- EBITDA margin
- 4.72%
- Net profit margin
- 2.57%
- Promoter holding
- 73.61%
- Sales (last year)
- ₹856 Cr
Incorporated in 2021, Grover Jewells Limited is engaged in the manufacturing and designing of a wide range of wholesale gold jewellery.[1]
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹151 Cr | 13.8 | |
| 2 | 40%+ | Up 0–2% | ₹2,267 Cr | 12.2 | |
| 3 | 40%+ | Up 0–2% | ₹1,934 Cr | 16.9 | |
| 4 | 40%+ | Flat | ₹2,338 Cr | 39.6 | |
| 5 | 40%+ | Flat | ₹1,975 Cr | 20.8 | |
| 6 | 40%+ | Flat | ₹528 Cr | 16.7 |
Sign up free to see every company in the sector ranking and track Grover Jewells.
Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of Grover Jewells
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
Grover Jewells
Shareholding breakup across reporting periods.
| Mar 2026 | Sep 2026 | |
|---|---|---|
| Promoters + | 73.50% | 73.61% |
| FIIs + | 2.59% | 0.00% |
| DIIs + | 2.37% | 0.00% |
| Public + | 21.54% | 26.39% |
| No. of Shareholders | 104 | 198 |
Financials of Grover Jewells
Quarterly Results
Quarter-by-quarter operating performance
Financials of Grover Jewells
Profit & Loss
Annual income statement trend
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| Sales + | 255 | 258 | 461 | 824 | 856 |
| Expenses + | 251 | 253 | 449 | 795 | 815 |
| Operating Profit | 4 | 5 | 11 | 30 | 40 |
| OPM % | 1.6% | 1.8% | 2.5% | 3.6% | 4.7% |
| Other Income + | -0 | 0 | 0 | 1 | 1 |
| Interest | 0 | 0 | 1 | 2 | 5 |
| Depreciation | 1 | 1 | 1 | 2 | 3 |
| Profit before tax | 3 | 3 | 9 | 26 | 34 |
| Tax % | 18% | 18% | 18% | 18% | |
| Net Profit + | 3 | 3 | 8 | 21 | 28 |
| EPS in Rs | 2.53 | 2.60 | 7.12 | 14.59 | 19.56 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
Financials of Grover Jewells
Balance Sheet
Capital structure and asset base
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 15 | 15 |
| Reserves | 4 | 6 | 14 | 55 | 66 |
| Borrowings + | 4 | 4 | 9 | 27 | 91 |
| Other Liabilities + | 2 | 1 | 4 | 7 | 9 |
| Total Liabilities | 12 | 14 | 30 | 103 | 180 |
| Fixed Assets + | 3 | 4 | 5 | 13 | 14 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 9 | 10 | 25 | 90 | 167 |
| Total Assets | 12 | 14 | 30 | 103 | 180 |
Financials of Grover Jewells
Cash Flows
Operating, investing and financing cash movement
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from Operating Activity + | 2 | 3 | 0 | -31 |
| Cash from Investing Activity + | -2 | -2 | -2 | -14 |
| Cash from Financing Activity + | 0 | 0 | 4 | 47 |
| Net Cash Flow | 0 | 0 | 2 | 2 |
| Free Cash Flow | -0 | 0 | -2 | -42 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 55% | 69% | 18% | -91% |
Financials of Grover Jewells
Ratios
Working capital efficiency and return ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 0 | 1 | 0 | 4 |
| Inventory Days | 12 | 11 | 16 | 31 |
| Days Payable | 2 | 0 | 2 | 1 |
| Cash Conversion Cycle | 10 | 12 | 15 | 34 |
| Working Capital Days | 9 | 11 | 11 | 27 |
| ROCE % | 32% | 52% | 46% |
Continue your research
What Grover Jewells's management said in earlier quarters
Others in Consumer Durables this season
- Bata India (Q2 FY27)
Revenue from Operations for Q2 FY27: INR 8,618 million, up 7.5% YoY. Key investor presentation takeaways from Bata India Ltd's Q2 FY27 investor presentation — a
- RBZ Jewellers Lt (Q2 FY27)
Q2 FY27 Operational Revenue: INR 2,247 Mn, up 54.9% YoY (Q2 FY26: INR 1,451 Mn) (Page 32, 28) . Key investor presentation takeaways from RBZ Jewellers Ltd's Q2
- Global Surfaces (Q2 FY27)
Q2-FY27 revenue from operations was INR 599 Mn, a 10.7% increase YoY from INR 541 Mn in Q2-FY26 (Page 21). Key investor presentation takeaways from Global Surfa
- Kabra Jewels (Q2 FY27)
356 crore, up 14% YoY . Key results statement takeaways from Kabra Jewels Ltd's Q2 FY27 results statement — and how it ranks against sector peers.