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Manoj Vaibhav Gems N Jewellers share price & results

Manoj Vaibhav Gems N Jewellers Limited· Consumer Durables· Consumer Discretionary

Results to
Jun 2026
Latest analysed call
Q4 FY25
Ownership as of
Sept 2026

South India hyperlocal jewellery retail chain running 21 showrooms across Andhra Pradesh and Telangana, selling gold, silver and diamond jewellery under the Vaibhav brand.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue714 ₹ crore+30.1% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating margin6.0 %−1.0 pts YoYOperating profit / revenueQuarter to Jun 2026For the quarter; a change is in percentage points.
Net profit28.0 ₹ crore+33.3% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity15.49 %+0.1 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow margin0.78 %+4.1 ptsFY Mar 2026 vs FY Mar 2025Fiscal yearFY ending Mar 2026(Operating cash flow − fixed-asset purchases + disposals) ÷ revenue.
Revenue growth (YoY)21.51 %+4.3 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

9 targets tracked, none judged yet · 9 open · verdicts reflect calls analysed to Q4 FY25.

Manoj Vaibhav Gems N Jewellers Limited management guidance track record on Inve: 9 targets tracked across analysed earnings calls (0 achieved, 0 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
New Silver Jewelry Showroomsclose to 10 showrooms in that 5 to 6, we have finalized on the locations
Call transcript, Q4 FY25 · 4 Jun 2025		Q4 FY25Q4 FY25:Target set for FY26; 5-6 locations finalized.
Call transcript, Q4 FY25 · 4 Jun 2025		New

Source: Inve Guidance Tracker for Manoj Vaibhav Gems N Jewellers Limited · to Q4 FY25

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

9 of Manoj Vaibhav Gems N Jewellers Limited's 9 targets are still open. See which are on track and which have gone quiet. The 1 above are the free sample; 8 more targets are in the full ledger.

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Price

₹190.8 +2.42% · +₹4.5

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +1.3% 1Y

₹150₹200Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26

1Y: ₹188.3 on 24 Oct 2025 → ₹190.8. High ₹241.15 (19 Oct 2026), low ₹131.97 (30 Mar 2026).

Previous close
₹186.3
Market cap
₹933 Cr
52-week range
₹131.97 – ₹241.15
One year
+1.23%
Price to earnings (TTM to Jun 2026)
7.76×
Return on equity (TTM to Jun 2026)
15.49%

Overview

Symbol
NSE:MVGJL
Industry
Consumer Discretionary
Exchange
NSE
Currency
INR

What Manoj Vaibhav Gems N Jewellers Limited does

Based on the company's own presentations, annual report and earnings calls.

Manoj Vaibhav Gems 'N' Jewellers operates as an organised, hyperlocal jewellery retail chain concentrated in Andhra Pradesh and Telangana, with deep penetration into Tier II and Tier III towns. It designs, sources and sells gold, silver and diamond jewellery across categories such as daily wear, precious and antique gold, casting jewellery and gold-diamond combinations, earning through showroom sales backed by an in-house supply chain covering gold sourcing, job-work manufacturing, quality control and stock transfer to stores. The company also runs an old-gold exchange programme and an e-commerce platform alongside its physical showrooms.

Segments

  • Gold jewellery
  • Silver jewellery
  • Diamond jewellery
Showrooms
21 (including 1 franchise showroom), across Andhra Pradesh and Telangana
Towns and cities covered
19
Total showroom area
1,14,827 sq. ft. (as of Mar 31, 2025)
Employees
1,100+
Customers served
3 million+ (2 million+ loyal customers)
Tier II/III showroom share
up to 77% of showrooms
Founded 1994Headquarters Visakhapatnam, Andhra Pradesh, IndiaEmployees 1,100 (FY25 (Mar 31, 2025))

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