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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.
Radhika Jeweltech Limited is an India-based jewelry retailer. The Company is principally engaged in the manufacturing and trading of gold, diamond & platinum jewelry. It manufactures an array of jewelry, from exquisite pieces for weddings, festivals, and special occasions to…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history — but flagged on governance.
Radhika Jeweltech is scored on the consumer / fmcg framework. It keeps a healthy 11.7% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.17×) — worth a closer look. Free cash flow is worth about -2.1% of its market value.
Over the last 3 years revenue compounded at 27%/yr and profit at 36%/yr. Book value itself has compounded 23%/yr — the hallmark of a genuine compounder. Return on equity is an elite 18.8%. In the latest quarter profit grew 203% versus the prior quarter.
At 10× earnings, the stock sits at the 6th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~-3%/yr growth over a decade — undemanding expectations. The forensic screen raises a red flag: Only ₹-0.21 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 | 8.62 | — | — |
| P/B | 1.62 | 3.28 | better |
| EV/EBITDA | 6.64 | 1.3 | worse |
| ROE | 18.78 | 9.74 | better |
| ROCE | 23.01 | 11.66 | better |
| ROA | 15.94 | 15.54 | better |
| Quick Ratio | 0.13 | — | — |
| 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% |
Revenue has grown every year across all 4 financial years shown. 27% CAGR over 3 years — high-growth territory.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (36% vs 27%) — margin expansion is at work.
Operating margin has expanded from 13% to 16% — the business is keeping more of each rupee earned.
ROE at 19% — a respectable return on shareholder capital.
EPS has grown every year — each share earns more than the last, consistently. 36% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 21% QoQ — could be seasonality or a genuine slowdown. Wide quarterly swings (38% spread) — likely seasonality, lumpy orders, or project-based revenue.
Profit jumped 203% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 57.7% — majority control intact.
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.