Manoj Vaibhav Gems N Jewellers Ltd Stock Price Today (NSE: MVGJL)
Fundamental Score
Manoj Vaibhav Gems N Jewellers Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Manoj Vaibhav Gems N Jewellers Ltd share price today is ₹131.97, down 3.16% on NSE/BSE as of 30 March 2026. Manoj Vaibhav Gems N Jewellers Ltd (MVGJL) is a Small-cap company in the Gems, Jewellery And Watches sector with a market capitalisation of ₹910.85 (Cr). The 52-week high for MVGJL share price is ₹280.00 and the 52-week low is ₹136.81. At a P/E ratio of 8.73x, MVGJL is currently trading below its industry average P/E of 28.63x. The company has a Return on Equity (ROE) of 15.03% and a debt-to-equity ratio of 0.53.
Manoj Vaibhav Gems N Jewellers Ltd Share Price Chart — NSE/BSE Historical Performance
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Manoj Vaibhav Gems N Jewellers Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
Shareholding
Promoter
FII
DII
Pledged
Institutional Deep-Dive
Bull Run Research Hub
Manoj Vaibhav Gems N Jewellers Share Price: A Conservative Valuation Perspective
The allure of gems and jewellery often masks the inherent volatility of the underlying precious metal markets. Successful navigation requires a keen understanding of inventory management and brand building. This analysis will examine the financial health of Manoj Vaibhav Gems N Jewellers share price, currently trading at ₹173.520004, through the lens of a value investor prioritizing capital safety. Our assessment is part of an 80-parameter fundamental audit verified by Sweta Mishra.
A key metric for value investors is the Price-to-Earnings (P/E) ratio. Manoj Vaibhav Gems N Jewellers Ltd boasts a P/E of 8.73. This suggests the stock is relatively undervalued compared to broader market averages, but it is crucial to compare this to its peers. While a lower P/E might seem appealing, it is crucial to assess whether that valuation reflects the inherent risk. For example, compared to
Orosil Smiths, questions remain about differences in management quality and operational efficiency.Return on Capital Employed (ROCE) is a crucial indicator of profitability. Manoj Vaibhav Gems N Jewellers demonstrates a ROCE of 15.79%. A high ROCE, consistently maintained, can contribute to a company's "moat," indicating an ability to generate profits efficiently and defend its market position. A robust ROCE can be reinvested for growth, creating a virtuous cycle of profitability. The ability to consistently generate 15.79% return and above its cost of capital is vital for creating a durable competitive edge and boosting intrinsic value.
However, it's important to exercise caution and contextualize this ROCE. We must analyse how sustainable this return is in the long run, and the competitive intensity of the gems and jewellery segment. Factors such as evolving consumer preferences, regulatory changes, and gold price fluctuations could impact future performance. Further due diligence, including analysis of cash flow, debt levels, and industry trends, is essential before drawing any firm conclusions. This observational analysis seeks to assess, not recommend, the financial standing of the company.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Manoj Vaibhav Gems N Jewellers Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MVGJL across key market metrics for learning purposes.
Positive Indicators
9 factors identified
Strong Return on Equity (15.03%)
Observation: Efficient use of shareholders' capital generating superior returns.
Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.
Excellent ROCE Performance (15.79%)
Observation: Superior returns on capital employed across business operations.
Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.
Attractive Valuation (P/E: 8.73 vs Industry: 28.63)
Observation: Trading at discount to industry peers.
Analysis: P/E below industry average may present value opportunity.
Strong Revenue Growth (17.69%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (13.30% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Profit Growth Track Record (32.60% CAGR)
Observation: Consistent 5-year profit compound annual growth rate.
Analysis: Profit CAGR >15% demonstrates scalable business model.
Strong Cash Generation (₹52.61 Cr over 5Y)
Observation: Healthy free cash flow generation supports growth and returns.
Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.
Balanced Promoter Holding (74.27%)
Observation: Optimal balance between promoter control and public float.
Analysis: Promoter holding in 50-75% range provides management alignment.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
3 factors identified
Weak Earnings Growth (-3.90% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Limited Institutional Interest (FII+DII: 1.71%)
Observation: Low institutional participation may affect liquidity.
Analysis: Limited institutional interest may indicate size constraints or visibility issues.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Manoj Vaibhav Gems N Jewellers Ltd Financial Statements
Comprehensive financial data for Manoj Vaibhav Gems N Jewellers Ltd including income statement, balance sheet and cash flow
About MVGJL (Manoj Vaibhav Gems N Jewellers Ltd)
Manoj Vaibhav Gems N Jewellers Ltd is a prominent player in the Indian gems and jewelry market, renowned for its exquisite craftsmanship and diverse range of offerings under the es...teemed "Vaibhav Jewellers" brand. The company meticulously curates a dazzling collection of gold ornaments, showcasing traditional designs alongside contemporary styles. Customers are captivated by the intricate detailing found in their gold bangles, harams, and vaddanams, each piece reflecting the rich cultural heritage of India. Beyond these signature items, Vaibhav Jewellers presents a comprehensive array of gold jewelry, including intricately designed lockets, vankys, chains, and rings, catering to a wide spectrum of tastes and preferences. Maang tikkas, necklaces, earrings, pendants, mangalsutras, chokers and bracelets add to the splendor. The allure of Manoj Vaibhav Gems N Jewellers extends beyond gold, encompassing a captivating selection of diamond jewelry that embodies elegance and sophistication. The company's diamond bangles, bracelets, earrings, and mangalsutras radiate brilliance, while their diamond necklaces, nose pins, pendants, pendant sets, and rings offer a touch of glamour for every occasion. Each diamond is carefully selected and meticulously set, ensuring that every piece meets the highest standards of quality and craftsmanship. Diamond vaddanams are another speciality.The use of cutting-edge technology and skilled artisans guarantees that each piece is a masterpiece, reflecting timeless beauty and enduring value. Furthermore, Manoj Vaibhav Gems N Jewellers acknowledges the enduring appeal of silver, presenting a carefully curated range of silver products that blend traditional aesthetics with modern functionality. Their silver gift items make ideal presents for special occasions. The company strives to provide a holistic shopping experience, characterized by exceptional customer service, transparent pricing, and a commitment to ethical sourcing. Manoj Vaibhav Gems N Jewellers Ltd endeavors to maintain its position as a trusted and respected name in the Indian jewelry industry, delivering unparalleled quality and design to its discerning clientele.
Company Details
Key Leadership
MVGJL Share Price: Frequently Asked Questions
What is the current share price of Manoj Vaibhav Gems N Jewellers Ltd (MVGJL)?
As of 30 Mar 2026, 12:06 pm IST, Manoj Vaibhav Gems N Jewellers Ltd share price is ₹131.97. The MVGJL stock has a market capitalisation of ₹910.85 (Cr) on NSE/BSE.
Is MVGJL share price Overvalued or Undervalued?
MVGJL share price is currently trading at a P/E ratio of 8.73x, compared to the industry average of 28.63x. Based on this relative valuation, the Manoj Vaibhav Gems N Jewellers Ltd stock appears to be Undervalued against its sector peers.
What is the 52-week high and low of MVGJL share price?
The 52-week high of MVGJL share price is ₹280.00 and the 52-week low is ₹136.81. These values are updated daily from NSE/BSE price data.
What factors affect the Manoj Vaibhav Gems N Jewellers Ltd share price?
Key factors influencing MVGJL share price include quarterly earnings growth (Sales Growth: 17.69%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Manoj Vaibhav Gems N Jewellers Ltd a good stock for long-term investment?
Manoj Vaibhav Gems N Jewellers Ltd shows a 5-year Profit Growth of 32.60% and an ROE of 15.03%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.53 before investing in MVGJL shares.
How does Manoj Vaibhav Gems N Jewellers Ltd compare with its industry peers?
Manoj Vaibhav Gems N Jewellers Ltd competes with major peers in the Gems, Jewellery And Watches. Investors should compare MVGJL share price P/E of 8.73x and ROE of 15.03% against the industry averages to determine competitive standing.
What is the P/E ratio of MVGJL and what does it mean?
MVGJL share price has a P/E ratio of 8.73x compared to the industry average of 28.63x. Investors pay ₹9 for every ₹1 of annual earnings.
How is MVGJL performing according to Bull Run's analysis?
MVGJL has a Bull Run fundamental score of 59.3/100, indicating moderate strength with some areas for improvement. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MVGJL belong to?
MVGJL operates in the Gems, Jewellery And Watches industry. This classification helps understand the competitive landscape and sector-specific trends affecting Manoj Vaibhav Gems N Jewellers Ltd share price.
What is Return on Equity (ROE) and why is it important for MVGJL?
MVGJL has an ROE of 15.03%, which indicates excellent management efficiency. ROE measures how efficiently Manoj Vaibhav Gems N Jewellers Ltd generates profits from shareholders capital.
How is MVGJL debt-to-equity ratio and what does it indicate?
MVGJL has a debt-to-equity ratio of 0.53, which indicates moderate leverage that should be monitored.
What is MVGJL dividend yield and is it a good dividend stock?
MVGJL offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Manoj Vaibhav Gems N Jewellers Ltd shares.
How has MVGJL share price grown over the past 5 years?
MVGJL has achieved 5-year growth rates of: Sales Growth 13.30%, Profit Growth 32.60%, and EPS Growth -3.90%.
What is the promoter holding in MVGJL and why does it matter?
Promoters hold 74.27% of MVGJL shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Manoj Vaibhav Gems N Jewellers Ltd.
What is MVGJL market capitalisation category?
MVGJL has a market capitalisation of ₹911 crores, placing it in the Small-cap category.
How volatile is MVGJL stock?
MVGJL has a beta of N/A. A beta > 1 suggests the Manoj Vaibhav Gems N Jewellers Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MVGJL operating profit margin trend?
MVGJL has a 5-year average Operating Profit Margin (OPM) of 6.69%, indicating the company's operational efficiency.
How is MVGJL quarterly performance?
Recent quarterly performance shows Manoj Vaibhav Gems N Jewellers Ltd YoY Sales Growth of 17.69% and YoY Profit Growth of 19.02%.
What is the institutional holding pattern in MVGJL?
MVGJL has FII holding of 0.60% and DII holding of 1.11%. Significant institutional holding often suggests professional confidence in the Manoj Vaibhav Gems N Jewellers Ltd stock.