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    Khazanchi Jewell

    Chennai jewellery maker selling gold, diamond & bullion via B2B wholesale and its own retail showrooms.

    Consumer Durables
    Consumer Discretionary
    View 543953 earnings calls
    ₹625
    -2.97% from avg

    Overview

    Price

    ₹625

    Market Cap

    ₹1.7k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    2

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1010101025252525
    Reserves13161926163207244295
    Borrowings78758485556560110
    Other Liabilities313122412105236
    Total Liabilities104113124145254306380466
    AssetsFixed Assets139131313132225
    CWIP00002600
    Investments00003000
    Other Assets91104112132236287358440
    Total Assets104113124145254306380466

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating65-16-831-36
    Cash from Investing-44-4-1-6-5-2
    Cash from Financing-4-85-690538
    SummaryCapital Expenditure
    Free Cash Flow29-56-86-3-42
    FCF Margin

    Valuation

    Assumptions

    Current — 543953
    Price
    ₹625
    EPS (TTM)
    ₹36.13
    PE (TTM)
    17.3
    Profit growth
    100.0%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (27.9×) and current (17.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹625
    vs
    Fair value · 15% return
    ₹11,983
    1817%Undervalued

    At 100% growth and a 17× exit, ₹625 only delivers your return if you pay ₹11,983. The price is currently baking in 18% growth.

    EPS grows 100%/yr for 5 years, then fades to 6% over 2, exits at 17×.

    YearGrowthEPS (₹)
    FY27100.0%72.26
    FY28100.0%144.52
    FY29100.0%289.04
    FY30100.0%578.08
    FY31100.0%1156.16
    FY3253.0% ·fade1768.92
    FY336.0% ·fade1875.06

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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