Grover Jewells Ltd (GJL) — shareholding pattern, promoter holding, financials and share price
About Grover Jewells Ltd (GJL)
Grover Jewells Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as GJL and on the BSE under scrip code 96146. Its ISIN is INE1TY801010.
Incorporated in 2021, Grover Jewells Limited is engaged in the manufacturing and designing of a wide range of wholesale gold jewellery. [1]
Listed peers in Gems, Jewellery And Watches: Manbro Industries Ltd, Pushpa Jewellers Ltd, Silgo Retail Ltd, Goldkart Jewels Ltd, Sonam Ltd, Golkunda Diamonds & Jewellery Ltd.
Valuation & Returns
10 Jul 2026At ₹166.75 a share on 10 Jul 2026, Grover Jewells Ltd (GJL) was valued at a price-to-earnings ratio of 11.4x against an industry P/E of 50.62x and a price-to-book of 3.64x on a book value of ₹45.85 per share. Solomo computes return on equity of 30.47% and return on capital employed of 29.17% from filed results.
- P/E
- 11.4x
- Industry P/E
- 50.62x
- P/B
- 3.64x
- Book value / share
- ₹45.85
- ROE
- 30.47%
- ROCE
- 29.17%
- ROA
- 20.5%
- Debt / equity
- 0.39x
- Dividend yield
- 0%
- EBITDA margin
- 3.66%
- 52-week range
- ₹91.4 – ₹276.45
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Grover Jewells Ltd (GJL) reported revenue of ₹824 crore, net profit of ₹21 crore and earnings per share of ₹14.59. That compares with revenue of ₹461 crore and net profit of ₹8 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹536 crore and net profit ₹17 crore (standalone).
| Metric | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Revenue (₹ cr) | 255 | 258 | 461 | 824 |
| Net profit (₹ cr) | 3 | 3 | 8 | 21 |
| EPS (₹) | 10.17 | 10.43 | 28.59 | 14.59 |
| Measure | 1Y |
|---|---|
| Sales growth | 78.67% |
| Profit growth | 174.10% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 73.5% of Grover Jewells Ltd (GJL). Market capitalisation was ₹242 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2026.
Largest disclosed public shareholders in Mar 2026: PUSHPA BHAJU 8.7%, DINESH MUDDU KOTIAN 3.76%, DYNAMIC SUPERWAYS AND EXPORTS LIMITED 1.56%, LAKSHMAN SRINIVASAN 1.27%, RAKESH SETHIA 1.24%, VISIONARY VALUE FUND 1.19%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 73.5% | - | - | - | - |