Motisons Jewellers Q4 FY24 Share Price & Earnings Call Analysis
- Market cap
- ₹1,651 Cr
- P/E
- 24.65
- ROE
- 13.97%
- PEG
- 0.57
- Price to sales
- 3.23
- Debt to equity
- 0.08
- 52W high / low
- ₹18.9 / ₹10.8
- Sales growth (5Y)
- 18.10%
- EBITDA margin
- 17.76%
- Net profit margin
- 13.02%
- Promoter holding
- 57.12%
- Sales (last year)
- ₹510 Cr
Established in October 1997, Motisons Jewellers Ltd sells gold, diamond and kundan jewellery as well as other jewellery products. The company sells pearls, silver, platinum and other metals.[1]
Guidance scorecard · Q4 FY24 call
What Motisons Jewellers Ltd's management guided
and where it ranks in Consumer Durables
RevenueQ4 FY24 call
10–20%- Motisons Jewellers is optimistic about maintaining and increasing current sales and revenue levels.
- Plans to introduce new inventory lines and new SKUs to cater to diverse customer demands.
- Focus on retaining customers by ensuring they do not leave empty-handed, enhancing customer satisfaction.
- Expansion plans include opening new showrooms in different demographics, both within Rajasthan and outside.
- Incremental growth observed from new showrooms such as the Vaishali Nagar outlet, contributing significantly to revenue.
- Continued emphasis on social media marketing and improved online engagement to drive incremental sales growth.
- Strategic focus on innovation by refreshing designs every 3-4 months with 20%-30% new additions.
2 more points from Motisons Jewellers Ltd's call on revenue
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MarginsQ4 FY24 call
FlatSee what Motisons Jewellers Ltd said on margins — free account, 30 seconds.
CapexQ4 FY24 call
Planned- Currently, Motisons Jewellers Limited has not made significant investments in advanced technology or new machinery.
- The company is planning to invest in the latest technologies and expand manufacturing capacities in the near future.
- Focus so far has been on improving inventory to meet diverse customer demands.
2 more points from Motisons Jewellers Ltd's call on capex
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FundraisingQ4 FY24 call
See what Motisons Jewellers Ltd said on fundraising — free account, 30 seconds.
Order bookQ4 FY24 call
Ask what Motisons Jewellers Ltd said on the order book →
Full Q4 FY24 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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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%+ | ₹166 Cr | 20.3 | |
| 2 | 40%+ | Up 2%+ | ₹100 Cr | 12.7 | |
| 3 | 40%+ | Up 0–2% | ₹3,249 Cr | 17.4 | |
| 4 | 40%+ | Up 0–2% | ₹2,081 Cr | 18.8 | |
| 5 | 40%+ | Flat | ₹2,429 Cr | 41.1 | |
| 6 | 40%+ | Flat | ₹2,163 Cr | 25.6 |
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Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of Motisons Jewellers Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Motisons Jewellers Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 90.67 | 86.73 | 90.14 | 123.21 | 116.68 | 88.71 | 109.34 | 145.30 | 118.75 | 87.05 | 90.47 | 174.56 | 137.47 |
| Expenses + | 81.38 | 74.15 | 77.01 | 103.22 | 99.03 | 78.00 | 91.91 | 122.42 | 100.33 | 74.29 | 59.94 | 139.26 | 129.07 |
| Operating Profit | 9.29 | 12.58 | 13.13 | 19.99 | 17.65 | 10.71 | 17.43 | 22.88 | 18.42 | 12.76 | 30.53 | 35.30 | 8.40 |
| OPM % | 10.25% | 14.50% | 14.57% | 16.22% | 15.13% | 12.07% | 15.94% | 15.75% | 15.51% | 14.66% | 33.75% | 20.22% | 6.11% |
| Other Income + | 0.00 | 0.03 | -0.87 | 0.05 | 0.91 | 0.36 | 0.19 | 0.17 | 0.02 | 0.00 | 0.03 | 0.50 | 5.46 |
| Interest | 4.50 | 4.83 | 4.91 | 5.06 | 2.35 | 2.09 | 1.91 | 1.92 | 2.87 | 1.52 | 1.30 | 1.19 | 2.03 |
| Depreciation | 0.48 | 0.42 | 0.41 | 0.41 | 0.52 | 0.49 | 0.50 | 0.51 | 0.49 | 0.45 | 0.42 | 0.53 | 0.45 |
| Profit before tax | 4.31 | 7.36 | 6.94 | 14.57 | 15.69 | 8.49 | 15.21 | 20.62 | 15.08 | 10.79 | 28.84 | 34.08 | 11.38 |
| Tax % | 30.16% | 25.54% | 25.36% | 26.01% | 31.23% | 25.44% | 31.69% | 25.80% | 26.13% | 25.58% | 25.69% | 23.88% | 27.07% |
| Net Profit + | 3.01 | 5.48 | 5.18 | 10.78 | 10.79 | 6.33 | 10.40 | 15.30 | 11.14 | 8.03 | 21.43 | 25.94 | 8.30 |
| EPS in Rs | 0.05 | 0.08 | 0.08 | 0.11 | 0.11 | 0.06 | 0.11 | 0.16 | 0.11 | 0.08 | 0.22 | 0.26 | 0.08 |
Financials of Motisons Jewellers Ltd
Profit & Loss
Annual income statement trend
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 223 | 219 | 213 | 314 | 366 | 417 | 462 | 490 |
| Expenses + | 204 | 195 | 182 | 276 | 317 | 353 | 394 | 403 |
| Operating Profit | 19 | 24 | 31 | 39 | 49 | 63 | 68 | 87 |
| OPM % | 8% | 11% | 15% | 12% | 13% | 15% | 15% | 18% |
| Other Income + | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 6 |
| Interest | 13 | 16 | 15 | 16 | 18 | 17 | 8 | 6 |
| Depreciation | 1 | 3 | 3 | 3 | 2 | 2 | 2 | 2 |
| Profit before tax | 5 | 4 | 13 | 20 | 30 | 45 | 59 | 85 |
| Tax % | 28% | 25% | 26% | 26% | 26% | 28% | 27% | 25% |
| Net Profit + | 3 | 3 | 10 | 15 | 22 | 32 | 43 | 64 |
| EPS in Rs | 0.05 | 0.05 | 0.15 | 0.23 | 0.34 | 0.33 | 0.44 | 0.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Financials of Motisons Jewellers Ltd
Balance Sheet
Capital structure and asset base
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 65 | 65 | 65 | 65 | 65 | 98 | 98 | 100 |
| Reserves | 29 | 27 | 36 | 50 | 72 | 230 | 315 | 399 |
| Borrowings + | 143 | 148 | 151 | 159 | 168 | 111 | 72 | 39 |
| Other Liabilities + | 19 | 28 | 24 | 32 | 31 | 36 | 22 | 35 |
| Total Liabilities | 256 | 268 | 275 | 307 | 337 | 475 | 508 | 573 |
| Fixed Assets + | 15 | 14 | 12 | 11 | 7 | 7 | 6 | 5 |
| CWIP | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 240 | 252 | 262 | 295 | 329 | 468 | 503 | 567 |
| Total Assets | 256 | 268 | 275 | 307 | 337 | 475 | 508 | 573 |
Financials of Motisons Jewellers Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 11 | 17 | 6 | 4 | -52 | -23 | 27 | |
| Cash from Investing Activity + | -0 | -1 | 1 | 2 | -3 | 1 | -2 | |
| Cash from Financing Activity + | -13 | -13 | -7 | -8 | 85 | -4 | -17 | |
| Net Cash Flow | -2 | 4 | -1 | -3 | 30 | -26 | 9 | |
| Free Cash Flow | 11 | 16 | 5 | 6 | -54 | -23 | 26 | |
| CFO/OP | 54% | 66% | 29% | 23% | -74% | -4% | 50% |
Financials of Motisons Jewellers Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 2 | 11 | 4 | 2 | 1 | 1 | 1 | 1 |
| Inventory Days | 440 | 457 | 506 | 394 | 389 | 450 | 471 | 523 |
| Days Payable | 29 | 37 | 29 | 27 | 21 | 19 | 5 | 8 |
| Cash Conversion Cycle | 413 | 431 | 481 | 370 | 369 | 433 | 467 | 516 |
| Working Capital Days | 149 | 156 | 189 | 144 | 146 | 258 | 321 | 361 |
| ROCE % | 9% | 12% | 14% | 16% | 17% | 15% | 18% |
Momentum score · price trend
29 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −14.0% | 46% |
| Last 6 months | +7.6% | 66% |
| Last 3 months | +2.0% | 71% |
The price is 55% below its all-time high of ₹32.25 (8 Nov 2024). Stocks more than 20% below their peak have their score halved, so 59 became 29.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Motisons Jewellers Ltd: 0.4 × 46 + 0.4 × 66 + 0.2 × 71 = 59, halved to 29 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Motisons Jewellers Ltd's management said in earlier quarters
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