NSE · GJL · Diamond, Gems and Jewellery
Grover Jewells Limited
Revenue & net profit by period
Bars = revenue (₹ Cr) · line = net profit (₹ Cr). Straight from disclosed results.
Latest period: revenue ₹825 Cr with net profit ₹21 Cr — a 2.57% net margin, versus 1.63% the period before.
Shareholding
As of 2026-09-30
- Promoter73.61%
- Public26.39%
198 shareholders on record
Promoter holding trend
Each disclosed period, oldest to newest
52-week position
Where the current price sits in its yearly band
The band spans 5.75× from low to high.
Risk flags
Derived from disclosed data
- Under exchange surveillance — ESM · ESM 1 · T2T. Trading may carry price bands, periodic call auction or higher margins.
- 52-week range spans 5.75× (₹91.4 to ₹525.95) — an unusually wide band.
Peer comparison
Diamond Cutting / Jewellery · ranked #1 of 65 by market cap · medians across 50 industry peers
| Company | Mkt cap | P/E | P/B | ROE | Margin |
|---|---|---|---|---|---|
| Titan Company Limited | ₹4,30,124 Cr | 60.5 | 23.58 | 38.51% | 8.12% |
| Kalyan Jewellers India Ltd. | ₹71,983 Cr | 45.73 | 10.84 | 24.13% | 3.86% |
| Lalithaa Jewellery Mart Limited | ₹19,556 Cr | 20.3 | 4.31 | 21.25% | 3.6% |
| Sky Gold And Diamonds Ltd. | ₹15,830 Cr | 39.42 | 11.27 | 28.17% | 4.9% |
| PC Jeweller Ltd. | ₹15,202 Cr | 17.03 | 1.64 | 9.63% | 23.98% |
| Thangamayil Jewellery Ltd. | ₹13,039 Cr | 33.12 | 8.65 | 26.04% | 3.81% |
| Bluestone Jewellery & Lifestyle Ltd. | ₹11,231 Cr | 107.09 | 6.11 | 5.71% | 3.6% |
| P N Gadgil Jewellers Ltd. | ₹9,174 Cr | 18.72 | 3.2 | 17.02% | 4.09% |
| Senco Gold Limited | ₹5,561 Cr | 9.74 | 2.21 | 22.85% | 5.91% |
| Goldiam International Ltd. | ₹4,717 Cr | 20.58 | 3.79 | 18.48% | 19.85% |
| Grover Jewells Limited(this company) | — | 0 | 10.45 | 30.47% | 0% |
AI analysis
AI-generated · google/gemini-2.5-flashGrover Jewells Limited is subject to ESM surveillance. The company reported revenue of Rs 460.95 Cr and a profit margin of 0%. The book value per share is Rs 45.85. The promoter holding stands at 73.4973%, with DIIs holding 2.3712% and FIIs holding 2.5918%.
Positives
- +Revenue increased from Rs 255.1132 Cr in March 2023 to Rs 460.9469 Cr in March 2025.
- +Net profit grew from Rs 2.7052 Cr in March 2023 to Rs 7.6228 Cr in March 2025.
- +Promoter holding is high at 73.4973% as of March 31, 2026.
- +The Return on Capital Employed (ROCE) is 51.48%.
Negatives
- −The company has a reported profit margin of 0%.
- −Current EPS is 0, which despite annual EPS in 2025 of Rs 7.15, indicates no recent earnings.
- −There were significant changes in shareholder distribution, with promoter holding falling from 100% in January 2026 to 73.4973% in March 2026, and public holding increasing from 0% to 21.5397% in the same period.
- −The company is currently under ESM surveillance.
Financial Performance
Grover Jewells Limited's revenue increased from Rs 255.1132 Cr in March 2023 to Rs 460.9469 Cr in March 2025. Net profit also rose from Rs 2.7052 Cr in March 2023 to Rs 7.6228 Cr in March 2025, corresponding to an increase in EPS from Rs 2.54 to Rs 7.15 over the same period. EBITDA has grown from Rs 3.622 Cr in March 2023 to Rs 10.1985 Cr in March 2025.
Profitability & Returns
The company has a Return on Equity (ROE) of 30.47% and a Return on Capital Employed (ROCE) of 51.48%. The profit margin is 0%. The Earnings Per Share (EPS) is Rs 0.00, despite an annual EPS of Rs 7.15 in March 2025.
Balance Sheet
Grover Jewells Limited has a debt-to-equity ratio of 0.52. The book value per share is Rs 45.85. The company has a current EPS of Rs 0.00 and a dividend yield of 0%.
Ownership & Pledges
As of March 31, 2026, promoters held 73.4973% of the company's shares. Public shareholding was 21.5397%, while DIIs held 2.3712% and FIIs held 2.5918%. Total institutions held 4.963%. There are no promoter pledges reported for the latest period.
Regulatory & Surveillance
Grover Jewells Limited is currently under ESM (Enhanced Surveillance Measure) surveillance, specifically ESM 1. This indicates that the company is subject to continuous monitoring by regulatory bodies due to certain risk parameters.
Data as of — price: 2026-11-14 · financials: Mar 26 · shareholding: Sep 26. Figures are restated only when the company files again, so a period shown here is the most recent one on record — not necessarily the current quarter.
How this is produced: every figure above is computed from exchange filings and financial data mirrored by IPO Plus — no figure is generated or estimated. This is a factual summary for information and education only. It is not investment advice, not a recommendation to buy, sell or hold any security, and contains no price targets. Verify against the company's filings and the exchanges before any decision.