Company Overview

Shubhlaxmi Jewel Art Limited was originally formed and registered as a Partnership Firm on July 30, 2013, at Bhavnagar, Gujarat, under the Indian Partnership Act, 1932, in the name and style of "Shubhlaxmi Jewellers" pursuant to a Deed of Partnership dated June 10, 2013, entered between Narendrasinh Chauhan and Jitendrasinh Chauhan. The partnership firm was later converted into a Public Limited Company and obtained a Certificate of Incorporation issued by the Registrar of Companies, Central Registration Centre, dated May 02, 2018. The Company made an IPO consisting of a Fresh Issue of 25,04,000 Equity Shares, raising funds aggregating to ₹6.51 Crore in November 2018.

The company operates in the retail and wholesale business of various jewelries and ornaments made out of gold, silver, diamonds, and platinum studded with precious and semi-precious stones. Ornaments are also made to order as per requirements by customers, and these are manufactured by third-party manufacturers on a job work basis. The company also purchases readymade jewelries from independent jewelers. In addition to retail operations, the company sells jewelries on a wholesale basis to other jewelry retailers in Gujarat. The showroom is located at Bhavnagar, Gujarat.

Business Operations and Product Portfolio

The Company offers gold jewelry, diamond jewelry, silver jewelry, and other products. The Company's gold jewelry offering includes bangles, bracelets, chains, pendants, rings, and sets. The Company's diamond jewelry offering includes bangles and rings. The Company also offers platinum rings, crystal earrings, crystal rings, pearl bracelets, pearl necklaces, and pearl pendants.

The showroom was set up in the year 2013, having a total area of 27,000 sq. ft. The Company deals in jewelries certified by BIS Hallmark. The Quality Assurance Department monitors and examines the jewelry designs inward in the stock to match the standard, thus the quality standard of gold jewelry dealt with is maintained throughout and thereby sustaining customer trust. The Company procures required gold bullion, silver bullion, diamonds, platinum jewelry, gold and diamond ornaments, and precious and semi-precious stones from bullion and jewelry market dealers in Gujarat. This wide range of product offerings caters to diverse customer segments, from the high-end to mid-market and value market segments.

Financial Performance and Market Position

As per the latest available data, Shubhlaxmi Jewel Art Ltd reported a revenue of ₹55.1 Crore and profit of ₹0.90 Crore. The company has an operating revenue of ₹196.66 Cr on a trailing 12-month basis. However, the company showed an annual revenue de-growth of -11%, with a pre-tax margin of 2% and ROE of 5%.

On May 30, 2025, the company approved FY25 audited results with a qualified opinion and appointed a new independent director and secretarial auditor. The company maintains a reasonable debt-to-equity ratio of 11%, which signals a healthy balance sheet.

Key Financial Metrics

- FY25 Audited Results: Approved on May 30, 2025 (with qualified opinion)

- Latest Reported Revenue: ₹55.1 Crore

- Latest Reported Profit: ₹0.90 Crore

- Trailing 12-Month Operating Revenue: ₹196.66 Cr

- Annual Revenue Growth (Latest Period): -11%

- Pre-Tax Margin: 2%

- ROE (Latest Reported): 5% (Note: Another ROE of 4.09% is listed below, potential discrepancy)

- Debt-to-Equity Ratio: 11%

- Market Capitalization: ₹18.88 Cr (as of May 23, 2025)

- P/E Ratio: 15.47

- P/B Ratio: 0.87

- ROE (Last Financial Year): 4.09%

Stock Performance and Market Data

The 52-week high of Shubhlaxmi Jewel Art Ltd is ₹44.40 and the 52-week low is ₹14.50. Over the past 6 months, the share price has decreased by 37.71%, and in the last one year, it has decreased by 77.55%. The stock is noted as thinly traded.

Over the last 5 years, revenue has grown at a yearly rate of 6.04%, vs industry average of 10.06%. Market share stayed at 0.02%. Net income has grown at a yearly rate of 3.85%, vs industry average of 8.15%.

Shareholding Pattern and Management

As of the last reported quarter, Promoter held 56.3%, and the public held 43.7% of the total shares. Promoter holding has decreased over the last quarter by -2.58%. In the main management, Narendrasinh Chauhan is Chairman & Managing Director, and Ashmi Patel is the Company Secretary & Compliance Officer.

Stock Exchange Listings and Trading Information

The company is listed on BSE with scrip code 535125 and on NSE with symbol SHUBHLAXMI. The ISIN Code is INE01Z401013. Shubhlaxmi Jewel Art Ltd belongs to the Consumer Discretionary sector & Precious Metals, Jewellery & Watches sub-sector.

The company maintains its registered office at Shop No 1 Ground Floor D&I Excel, Waghawadi Road, Bhavnagar, Gujarat-364002, and continues to focus on expanding its presence in the competitive jewelry retail market in Gujarat while maintaining quality standards and customer satisfaction.