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 / 11.6
- Stock P/E 22.6
- Book Value ₹ 63.4
- Dividend Yield 0.00 %
- ROCE 2.53 %
- ROE 2.09 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 3.05 times its book value
- 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.
- Company might be capitalizing the interest cost
* 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: | 1606% |
| 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 | Sep 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 | 10 |
| Reserves | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 15 | 52 |
| 12 | 18 | 8 | 10 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 108 | |
| 7 | 9 | 13 | 3 | 6 | 1 | 1 | 0 | 0 | 0 | 1 | 2 | 144 | |
| Total Liabilities | 22 | 30 | 24 | 15 | 18 | 4 | 4 | 3 | 3 | 2 | 3 | 18 | 313 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 18 | |
| CWIP | 0 | 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 | 31 |
| 22 | 30 | 23 | 15 | 17 | 4 | 4 | 3 | 3 | 2 | 3 | 18 | 264 | |
| Total Assets | 22 | 30 | 24 | 15 | 18 | 4 | 4 | 3 | 3 | 2 | 3 | 18 | 313 |
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)-Newspaper Publication
4 Dec - Corrigendum to EGM Notice dated 25.11.2025 by Advertisement for the EGM to be held on 17.12.2025
- Corrigendum To The Notice Of The Extraordinary General Meeting ('EGM') Of The Members Of The Vega Jewellers Limited (Formerly, PH Trading Limited ('Company'). 3 Dec
-
Reclassification Application Filed For Santan Investments Advisory LLP, Mr. Avishek Himatsingka And Variable Plaza Pvt Under Reg 31 A (10) Of SEBI (LODR) Regulations
29 Nov - 29 Nov 2025: Vega Jewellers applied to reclassify three promoters to public; each holds 0%.
-
Announcement For Application Of Promoter Reclassification Of Erst While Promoter
28 Nov - Applied 28-Nov-2025 to reclassify Mallinath Madineni (6,986 shares, 0.07%) from Promoter to Public.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Nov - Newspaper Publication for the Extra Ordinary General Meeting to be held on 17.12.2025
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Financial Year 2007
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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