Vega Jewellers Ltd
Incorporated in 1982, Vega Jewellers Ltd is in the business of jewellery retailing.[1]
- Market Cap ₹ 187 Cr.
- Current Price ₹ 193
- High / Low ₹ 193 / 0.00
- Stock P/E 22.6
- Book Value ₹ 329
- Dividend Yield 0.00 %
- ROCE 2.53 %
- ROE 2.09 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.59 times its book value
- Promoter holding has increased by 1.31% over last quarter.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of -0.22% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Services Services Commercial Services & Supplies Trading & Distributors
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 60 | 71 | 98 | 36 | 38 | 25 | 4 | 2 | 0 | 0 | 0 | 10 | 287 | |
| 58 | 69 | 97 | 35 | 38 | 25 | 4 | 2 | 0 | 0 | 0 | 10 | 271 | |
| Operating Profit | 1 | 2 | 1 | 1 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | 16 |
| OPM % | 2% | 3% | 1% | 2% | 1% | 2% | -5% | -6% | -100% | -1% | 6% | ||
| 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Interest | 1 | 2 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 0 | 0 | -0 | 0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 0 | 11 |
| Tax % | 39% | 19% | 8% | 100% | 0% | 5% | 0% | 0% | -67% | 124% | 26% | 22% | |
| 0 | 0 | -0 | 0 | -0 | 0 | -0 | -0 | 0 | -0 | 0 | 0 | 8 | |
| EPS in Rs | 2.29 | 4.38 | -2.71 | 0.00 | -1.88 | 7.71 | -3.96 | -1.25 | 3.12 | -7.92 | 3.33 | 3.96 | 10.95 |
| Dividend Payout % | 44% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -18% |
| 5 Years: | 24% |
| 3 Years: | 456% |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | 25% |
| 3 Years: | 8% |
| TTM: | 3504% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 2266% |
| Return on Equity | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | 0% |
| 3 Years: | 0% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 |
| Reserves | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 15 |
| 12 | 18 | 8 | 10 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 7 | 9 | 13 | 3 | 6 | 1 | 1 | 0 | 0 | 0 | 1 | 2 | |
| Total Liabilities | 22 | 30 | 24 | 15 | 18 | 4 | 4 | 3 | 3 | 2 | 3 | 18 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 22 | 30 | 23 | 15 | 17 | 4 | 4 | 3 | 3 | 2 | 3 | 18 | |
| Total Assets | 22 | 30 | 24 | 15 | 18 | 4 | 4 | 3 | 3 | 2 | 3 | 18 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | -5 | 11 | -2 | 2 | 2 | -0 | -0 | -0 | -0 | -0 | 0 | |
| 0 | 1 | 0 | 1 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| -1 | 4 | -12 | 1 | -2 | -2 | -0 | 0 | 0 | 0 | 0 | 13 | |
| Net Cash Flow | 1 | -0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 14 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 95 | 133 | 83 | 146 | 154 | 23 | 0 | 2 | 0 | 92 | ||
| Inventory Days | 3 | 6 | 0 | 0 | 0 | 0 | 1 | 2 | 24 | |||
| Days Payable | 36 | 41 | 56 | 3 | 1 | 2 | 59 | |||||
| Cash Conversion Cycle | 62 | 98 | 83 | 146 | 98 | 21 | 0 | 2 | 0 | 57 | ||
| Working Capital Days | 4 | 9 | 7 | 24 | 22 | 36 | 253 | 433 | 3,042 | 56 | ||
| ROCE % | 9% | 12% | 8% | 10% | 9% | 7% | -6% | -2% | 4% | -7% | 10% | 3% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Change in Management
1d - Siva Prasad Panguluri appointed CFO and KMP of Vega Jewellers, effective 06.11.2025.
-
Un Audited Financial Results For The Q2 30.09.2025 And Other Items
1d - Unaudited Q2 (30 Sep 2025) consolidated revenue Rs263.33 crore; H1 profit Rs14.29 crore; limited review unmodified.
-
Board Meeting Outcome for Financial Results For The Q2 30.09.2025 And Other Items
1d - Approved Q2 FY2025-26 results; corporate office shift to Hyderabad; CFO and subsidiary CS appointed (06.11.2025).
-
Board Meeting Intimation for Financial Results For The Quarter Ended 30.09.2025.
2 Nov - Board meeting on 06.11.2025 to approve unaudited results and limited review for quarter ended 30.09.2025.
-
Announcement Under Reg 30 Of SEBI (LODR) Regulations, 2018
1 Nov - Vega Jewellers increased LLP stake to 60.98% by investing Rs6,09,80,000 on Nov 01, 2025.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
-
Financial Year 2008
from bse
-
Financial Year 2007
from bse
-
Financial Year 2006
from bse
Business Overview:[1]
VJL is in the business of design and retail of fine
jewellery, including gold, diamond, platinum, and
gemstone collections. It operates across Telangana, Andhra Pradesh with retail
stores, and limited exports to the USA