MOTISONS

Motisons Jewellers share price & financials

Price
₹14.33
Market cap
₹1.8k Cr

What Motisons Jewellers Limited does

Motisons Jewellers is engaged in the trade, manufacture and sale of gold, diamond and diamond-studded jewellery as well as silver articles, and describes itself as one of the prominent players in India's organised jewellery retail sector. It offers jewellery spanning wedding, party and daily-wear occasions, and regularly launches new designs and collections in response to evolving customer preferences. The company operates as a standalone entity, with no subsidiaries, joint ventures or associate companies.

Segments

  • Jewellery
Market position
One of the prominent players in India's organised jewellery retail sector
Product categories
Gold jewellery, diamond and diamond-studded jewellery, and silver articles
Occasion coverage
Wedding, party and daily-wear jewellery collections
Corporate structure
Standalone entity with no subsidiaries, joint ventures or associate companies
Headquarters Jaipur, Rajasthan, India Company website

Quarterly results

Q1 FY27: revenue up 23.0%, net profit up 37.5% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue109 145 119 87 90 −17%175 +21%137 +15%107 +23%
EBITDA17 23 18 13 31 +82%35 +52%8 −56%16 +23%
Net profit10 15 11 8 21 +110%26 +73%8 −27%11 +38%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance −14.8% 1Y

₹12.0₹14.0₹16.0₹18.0₹20.0Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹18.71 on 10 Sept 2025 → ₹15.95. High ₹19.56 (17 Sept 2025), low ₹10.83 (30 Mar 2026).

Financials, as filed

Revenue grew 8.3% a year over 2 years, FY24 to FY26. Operating margin widened to 17.8%.

Year endingFY24FY25FY26
Revenue₹417 Cr₹462 Cr₹489 Cr
Operating profit₹64 Cr₹69 Cr₹87 Cr
Operating margin15.3%14.9%17.8%
Interest₹17 Cr₹9 Cr₹6 Cr
Depreciation₹1 Cr₹1 Cr₹1 Cr
Net profit₹32 Cr₹42 Cr₹63 Cr
Net margin7.7%9.1%12.9%
Cash from operations₹-52 Cr₹-23 Cr₹27 Cr
Free cash flow₹-54 Cr₹-23 Cr₹26 Cr
ROCE17.0%15.0%18.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹65 Cr₹65 Cr₹65 Cr₹98 Cr₹98 Cr₹100 Cr
Reserves₹36 Cr₹50 Cr₹72 Cr₹230 Cr₹344 Cr₹399 Cr
Borrowings₹151 Cr₹159 Cr₹168 Cr₹111 Cr₹55 Cr₹39 Cr
Other liabilities₹24 Cr₹32 Cr₹31 Cr₹36 Cr₹50 Cr₹35 Cr
Total liabilities₹275 Cr₹307 Cr₹337 Cr₹475 Cr₹548 Cr₹573 Cr
Fixed assets₹12 Cr₹11 Cr₹7 Cr₹7 Cr₹5 Cr₹5 Cr
Capital work in progress₹1 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Other assets₹262 Cr₹295 Cr₹329 Cr₹468 Cr₹542 Cr₹567 Cr
Total assets₹275 Cr₹307 Cr₹337 Cr₹475 Cr₹548 Cr₹573 Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, promoters trimmed −8.88 pp while the public added +5.89 pp. The shareholder count grew 1% to 1,69,586.

Promoters
57.1%
FIIs
2.9%
DIIs
0.7%
Public
39.3%

Since Jun 2025

  • Promoters −8.88 pp
  • Public +5.89 pp
  • FIIs +2.78 pp

How it drifted, 11 quarters

Over this window the public went from 26.1% to 39.3% — +13.2 pp.

Dec '23Mar '25Jun '26

Ownership split by quarter, oldest first. Dec '23: Promoters 66.0%, FIIs 7.5%, DIIs 0.5%, Public 26.1%.Mar '24: Promoters 66.0%, FIIs 3.9%, DIIs 0.4%, Public 29.8%.Jun '24: Promoters 66.0%, FIIs 0.1%, DIIs 0.4%, Public 33.6%.Sep '24: Promoters 66.0%, FIIs 0.6%, DIIs 0.4%, Public 33.0%.Dec '24: Promoters 66.0%, FIIs 0.4%, DIIs 0.5%, Public 33.1%.Mar '25: Promoters 66.0%, FIIs 0.2%, DIIs 0.5%, Public 33.3%.Jun '25: Promoters 66.0%, FIIs 0.1%, DIIs 0.5%, Public 33.4%.Sep '25: Promoters 66.0%, FIIs 0.1%, DIIs 0.5%, Public 33.4%.Dec '25: Promoters 65.7%, FIIs 0.7%, DIIs 0.5%, Public 33.0%.Mar '26: Promoters 64.9%, FIIs 2.0%, DIIs 0.5%, Public 32.6%.Jun '26: Promoters 57.1%, FIIs 2.9%, DIIs 0.7%, Public 39.3%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 9 holders trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Motisons Jewellers Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Motisons Global Private Limited 16.07%−2.18 pp
Sanjay Chhabra 12.51%−1.70 pp
Motisons Entertainment India Private Limited 6.47%−0.88 pp
Moti Lal Sandeep Chhabra (Huf) 5.64%−0.77 pp
Sandeep Chhabra 5.59%−0.75 pp
Namita Chhabra 5.35%−0.72 pp
Sandeep Chhabra Huf 3.52%−0.47 pp
L7 Hitech Private Limited 1.87%newly disclosed
Sanjay Chhabra Huf 1.54%−0.21 pp
L7 Securities Private Limited 1.46%newly disclosed
Umesh Parasmal Pagariya 1.13%−0.27 pp
Nirmalkumar Pareek 1.06%newly disclosed

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Attractive

To justify its price of ₹16, this stock must grow earnings at 16% every year for 7 years. Our analysis caps realistic growth at ~40%. At that growth it is worth ₹52 — upside of 226%.

Growth the price implies
16.3% a year
for 7 years, fading to 4%
It has actually compounded at
40.3% a year
net profit, FY24–FY26
The gap
-0.2 pp
226% downside if it only repeats history
Price today ₹15.95 Value at the reference growth ₹52.08

Change the assumptions yourself →