AI Summary
✦ ClarthaPC Jeweller is an Indian jewellery manufacturer, retailer, and exporter. Gold jewellery, diamond-studded jewellery, and silver and precious-stone articles drive sales through company-owned, franchisee, and online channels. Revenue grew 49.4% year-on-year, while improving margins supported 23.7% profit growth. Its reported settlement progress with two banks could reduce finance costs, although seven bank exposures remain under discussion. ROE is 9.9%, while very high debt-to-equity of 14.27 indicates leverage materially constrains returns quality and increases financial risk. The 11.8x P/E appears discounted relative to the company’s 49.4% revenue growth, but earnings quality depends on sustained margin improvement and debt resolution. PC Jeweller therefore looks undervalued, with restructuring execution and balance-sheet repair as the key open questions.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
Analyst coverage unavailable
Fundamentals
Fundamentals institutional score is 58 using EVA spread proxy -2.1%; growth durability 89.6.
Valuation
Valuation institutional score is 54 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
No usable analyst target or recommendation data was available.
Technical Structure
Technicals institutional score is 94 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is balanced or not decisive enough to tilt the tape. Based on 3 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. technical structure and market sentiment provide support, while valuation remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 0.9% below historical median. Valuation is declining — currently in the fair zone (z-score: +0.03). Confidence: 57%.
Live forward EPS implies next-12-month EPS of ₹20.50. Applying the stock's normalized valuation corridor produces a fair range of ₹138.17 to ₹322.88, with base value near ₹244.77 (+2392.6% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹20.50
Forward P/E
0.5x
Base Fair Value
₹244.77
Fair Range
₹138.17 - ₹322.88
Upside To Base
+2392.6%
Estimate Source
Live forward EPS
Growth Estimate
+63.8%
5Y Average
8.99
Current
11.83
Overvalued
15.75
Undervalued
6.74
5Y Average
9.67
Current
12.72
Overvalued
13.92
Undervalued
3.51
5Y Average
2.17
Current
2.85
Overvalued
3.12
Undervalued
0.79
Peers & Comparison
Sector: Consumer Discretionary · Theme: Precious Metals, Jewellery & Watches
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
SENCO GOLD LIMITED SENCOPrecious Metals, Jewellery & Watches | +51.1% | 6.8% | 11.4x Undervalued | -82% vs avg | +17.4% |
P N GADGIL JEWELLERS LTD PNGJLPrecious Metals, Jewellery & Watches | +40.7% | 3.9% | 19.4x Undervalued | -69% vs avg | +17.2% |
THANGAMAYIL JEWELLERY LTD THANGAMAYLPrecious Metals, Jewellery & Watches | +71.2% | 4.1% | 42.4x Undervalued | -33% vs avg | +168.8% |
SKY GOLD AND DIAMONDS LTD SKYGOLDPrecious Metals, Jewellery & Watches | +80.6% | 4.4% | 43.2x Undervalued | -32% vs avg | +168.0% |
ETHOS LIMITED ETHOSLTDPrecious Metals, Jewellery & Watches | +33.3% | 6.0% | 72.7x Premium | +15% vs avg | +0.2% |
GOLDIAM INTERNATIONAL LTD GOLDIAMPrecious Metals, Jewellery & Watches | +41.9% | 19.7% | 32.5x Undervalued | -49% vs avg | +36.6% |
BLUESTONE JEWEL LFSTL LTD BLUESTONEPrecious Metals, Jewellery & Watches | +49.6% | 2.1% | 221.4x Premium | +250% vs avg | +49.2% |
PC JEWELLER LTD trades at a discount (11.8x vs peer avg 63.3x), suggesting potential undervaluation relative to the Precious Metals, Jewellery & Watches cohort. Peers include SENCO GOLD LIMITED, P N GADGIL JEWELLERS LTD, THANGAMAYIL JEWELLERY LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹927 CrMar 2026Latest net profit
₹150 CrMar 2026Latest EPS
₹0.17Mar 2026Net margin
17.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 173 | 67 | 33 | 40 | 48 | 401 | 505 | 639 | 699 | 725 | 825 | 875 | 927 |
| Expenses + | 305 | 116 | 76 | 113 | 53 | 351 | 419 | 529 | 556 | 598 | 649 | 676 | 766 |
| Operating Profit | -131 | -48 | -43 | -73 | -4 | 50 | 86 | 110 | 143 | 127 | 176 | 200 | 161 |
| OPM % | -76% | -72% | -128% | -182% | -9% | 12% | 17% | 17% | 20% | 18% | 21% | 23% | 17% |
| Other Income + | 3 | 6 | 20 | 4 | 14 | 39 | 44 | 44 | 1 | 83 | 70 | 25 | 19 |
| Interest | 123 | 125 | 124 | 126 | 130 | 2 | 2 | 3 | 45 | 42 | 36 | 30 | 25 |
| Depreciation | 6 | 6 | 5 | 5 | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | -258 | -173 | -152 | -200 | -124 | 83 | 124 | 146 | 95 | 164 | 204 | 189 | 151 |
| Tax % | 58% | -0% | -0% | -0% | -0% | -86% | -45% | 0% | -0% | -0% | -2% | 0% | 0% |
| Net Profit + | -408 | -173 | -152 | -200 | -124 | 155 | 179 | 146 | 95 | 164 | 208 | 188 | 150 |
| EPS in Rs | -0.88 | -0.37 | -0.33 | -0.43 | -0.27 | 0.33 | 0.38 | 0.25 | 0.15 | 0.25 | 0.29 | 0.26 | 0.17 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Statement Of Deviation Or Variation In Utilization Of Issue Proceeds
Board Meeting Outcome for Financial Results For The Quarter Ended June 30, 2026