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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
PC Jeweller Limited is an India-based company. The Company is engaged in the business of trading, manufacturing and sale of gold, diamond, silver, precious stone, gold jewelry/items, diamond-studded jewelry and silver articles of various designs/specifications. It offers…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent business, priced for perfection — but flagged on governance.
PC Jewellers is scored on the consumer / fmcg framework. It keeps a fat 20.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.11×) — worth a closer look. Free cash flow is worth about -0.5% of its market value.
Book value itself has compounded 30%/yr — the hallmark of a genuine compounder. Return on equity is a modest 9.6%. In the latest quarter profit grew 49% versus the prior quarter.
At 16× earnings, the stock sits at the 98th percentile of its own 1.6-year range — the expensive end of where it has historically traded. Today's price implies ~7%/yr earnings growth for a decade. The forensic screen raises a red flag: Only ₹-1.19 of cash per ₹1 profit over 4 years — earnings not converting to cash.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 17.32 | 98.84 | better |
| P/B | 1.66 | 3.28 | better |
| EV/EBITDA | 15.55 | — | — |
| ROE | 9.63 | 9.74 | worse |
| ROCE | 10.13 | 11.66 | worse |
| ROA | 9.11 | 15.54 | worse |
| Quick Ratio | 0.88 | 2.41 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Titan Company | 63.0 | 24.3 | 38.5% |
| Kalyan Jewellers | 42.5 | 9.7 | 21.4% |
| Lalithaa Jewellery MART L | 20.7 | 5.1 | 34.5% |
10% CAGR over 3 years — steady double-digit compounder. Growth is decelerating — latest year grew slower than the year before.
2 of the 4 years shown had a loss — profitability is inconsistent.
Operating margin has expanded from -4% to 20% — the business is keeping more of each rupee earned. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line.
ROE at 9% — modest; the capital isn't working hard. Capital efficiency improving — ROE up 14pp across the window.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. Profit grew faster than EPS (24% vs -12%) — share dilution is eroding per-share value. -12% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 24% sequentially — momentum is building.
Profit jumped 49% QoQ — check if this is operating leverage or a one-off item. Quarterly net margins are expanding (21% → 30%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 1.6y median.
Promoters at 39.1% — dispersed ownership; institutional flows drive the stock. Promoters reduced 1.6pp over 4 quarters — watch whether this is planned divestment or pledge invocations.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.