---
title: "Grover Jewells (760971) — Share Price, Financials & Analysis"
symbol: "760971"
company: "Grover Jewells"
canonical: "https://tapetide.com/stocks/760971"
isin: "INE1TY801010"
nse_symbol: "GJL"
sector: "Consumer Durables"
industry: "Gems Jewellery & Watches"
market_cap_cr: 377.19
generated_at: "2026-09-13T19:38:47.345Z"
---

# Grover Jewells (760971)

Canonical page: https://tapetide.com/stocks/760971

## Company

- **NSE Symbol:** GJL
- **ISIN:** INE1TY801010
- **Sector:** Consumer Durables
- **Industry:** Gems Jewellery & Watches
- **Stock Type:** EQUITY
- **Listed Since:** 2026-02-11
- **F&O Eligible:** No

## Latest Price

- **Price:** ₹265.85
- **Change:** +5.85 (+2.25%)
- **Open:** ₹263
- **Day High:** ₹270
- **Day Low:** ₹263
- **Previous Close:** ₹260
- **Volume:** 4800
- **As Of:** 2026-09-11T09:42:53+00:00

## Key Fundamentals

Observed at 2026-09-11T04:33:34.627748Z.

- **Market Cap:** ₹377.19 Cr
- **Classification:** SME
- **P/E (reported):** 0
- **Book Value:** ₹45.85
- **Price to Book:** 5.67
- **Dividend Yield:** 0%
- **ROE:** 45.67%
- **ROCE:** 45%
- **Debt to Equity:** 0.53
- **Revenue (yearly):** ₹824.21 Cr
- **Net Income:** ₹21.16 Cr
- **EBITDA:** ₹29.56 Cr
- **52-Week High:** ₹276.45
- **52-Week Low:** ₹91.4
- **RSI (14):** 67.17

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -90.63% | -85.45% | 118.75% |
| ebitda margin growth | 44.94% | 92.47% | — |
| net income growth | 178.42% | 655.71% | — |
| revenue growth | 78.83% | 47.28% | — |
| roce | 56.63% | 23.22% | — |
| roe | 49% | 39.77% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2026 |
| --- | --- |
| Sales | 536 |
| Expenses | 513 |
| Operating Profit | 23 |
| OPM % | 4.3 |
| Other Income | 1 |
| Interest | 2 |
| Depreciation | 1 |
| Profit before tax | 21 |
| Tax % | 18 |
| Net Profit | 17 |
| EPS in Rs | 11.75 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- |
| Sales | 255 | 258 | 461 |
| Expenses | 251 | 253 | 449 |
| Operating Profit | 4 | 5 | 11 |
| OPM % | 2 | 2 | 2 |
| Other Income | 0 | 0 | 0 |
| Interest | 0 | 0 | 1 |
| Depreciation | 1 | 1 | 1 |
| Profit before tax | 3 | 3 | 9 |
| Tax % | 18 | 18 | 18 |
| Net Profit | 3 | 3 | 8 |
| EPS in Rs | 10.17 | 10.43 | 28.59 |
| Dividend Payout % | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- |
| Equity Capital | 3 | 3 | 3 |
| Reserves | 4 | 6 | 14 |
| Borrowings | 4 | 4 | 9 |
| Other Liabilities | 2 | 1 | 4 |
| Total Liabilities | 12 | 14 | 30 |
| Fixed Assets | 3 | 4 | 5 |
| CWIP | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 |
| Other Assets | 9 | 10 | 25 |
| Total Assets | 12 | 14 | 30 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- |
| Cash from Operating Activity | 2 | 3 | 0 |
| Cash from Investing Activity | -2 | -2 | -2 |
| Cash from Financing Activity | 0 | 0 | 4 |
| Net Cash Flow | 0 | 0 | 2 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- |
| Debtor Days | 0 | 1 | 0 |
| Inventory Days | 12 | 11 | 16 |
| Days Payable | 2 | 0 | 2 |
| Cash Conversion Cycle | 10 | 12 | 15 |
| Working Capital Days | 9 | 11 | 11 |
| ROCE % | — | 32 | 52 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2025 | Mar 2026 |
| --- | --- | --- |
| Promoters | 100% | 73.5% |
| FIIs | 0% | 2.59% |
| DIIs | 0% | 2.37% |
| Government | 0% | 0% |
| Public | 0% | 18.76% |
| Others | 0% | 2.78% |
| No. of Shareholders | 8 | 104 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 9 / 7 / 3

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 248.65 | Buy |
| EMA (10) | 250.59 | Buy |
| SMA (20) | 242.4 | Buy |
| EMA (20) | 239.44 | Buy |
| SMA (50) | 204.88 | Buy |
| EMA (50) | 213.2 | Buy |
| SMA (100) | 177.68 | Buy |
| EMA (100) | 195.17 | Buy |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 69.19 | Neutral |
| MACD (12,26,9) | 15.53 | Sell |
| Stochastic (14,3,3) | 88.08 | Sell |
| ADX (14) | 20.38 | Neutral |
| Williams %R (14) | -11.13 | Sell |
| ATR (14) | 10.15 | High Volatility |
| ROC (12) | 10.2 | Buy |
| Stoch RSI (14) | 72.36 | Neutral |
| UO (7,14,28) | 64.71 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 8 May 2026 - Grover Jewells corrects board outcome: NCD issue up to Rs 200 crore and related-party purchase limit Rs 30 crore. | [Outcome of Board Meeting 8 May 2026 - Grover Jewells corrects board outcome: NCD issue up to Rs 200 crore and related-party purchase limit Rs 30 crore.](https://nsearchives.nseindia.com/corporate/GROVER_08052026163835_Revisedoutcome05052026ocr.pdf) |
| 5 May 2026 - Board approved borrowing limit increase to ₹500 crore, NCD issue up to ₹200 crore, and ₹50 crore related-party purchase. | [Outcome of Board Meeting 5 May 2026 - Board approved borrowing limit increase to ₹500 crore, NCD issue up to ₹200 crore, and ₹50 crore related-party purchase.](https://nsearchives.nseindia.com/corporate/GROVER_05052026160335_OutcomeBM05052026.pdf) |
| 4 May 2026 - Grover Jewells Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, … | [Disclosure under SEBI Takeover Regulations 4 May 2026 - Grover Jewells Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, …](https://nsearchives.nseindia.com/corporate/team_bbodade_15042026165053_GJL.pdf) |
| 4 April 2026 - Board approved loan/credit facility increase from INR 58 million to INR 300 million on April 4, 2026. | [Outcome of Board Meeting 4 April 2026 - Board approved loan/credit facility increase from INR 58 million to INR 300 million on April 4, 2026.](https://nsearchives.nseindia.com/corporate/GROVER_04042026203807_OUTCOMEBMsdocr.pdf) |
| 30 April 2026 - Company confirms it is not a Large Corporate for FY ended March 31, 2026. | [General Updates 30 April 2026 - Company confirms it is not a Large Corporate for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/GROVER_30042026131036_GJLNonapplicabilityofLCD.pdf) |
| 3 July 2026 - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 3 July 2026 - Submitted Regulation 74(5) certificate for quarter ended 30 June 2026.](https://nsearchives.nseindia.com/corporate/GROVER_03072026154547_Regulation74SDOCR.pdf) |
| 3 July 2026 - Grover Jewells resubmits audited FY26 results and working capital utilisation certificate after NSE clarification. | [Reply to Clarification- Financial results 3 July 2026 - Grover Jewells resubmits audited FY26 results and working capital utilisation certificate after NSE clarification.](https://nsearchives.nseindia.com/corporate/GROVER_23062026163413_Finalorganizedsdocr.pdf) |
| 3 April 2026 - Submitted RTA certificate for quarter ended 31 March 2026 under Regulation 74(5). | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 3 April 2026 - Submitted RTA certificate for quarter ended 31 March 2026 under Regulation 74(5).](https://nsearchives.nseindia.com/corporate/GROVER_03042026135205_Regulation74_5_disclosurewithDSCOCR.pdf) |
| 3 April 2026 - Promoters disclosed March 31, 2026 holdings and confirmed no share encumbrance. | [Updates 3 April 2026 - Promoters disclosed March 31, 2026 holdings and confirmed no share encumbrance.](https://nsearchives.nseindia.com/corporate/GROVER_03042026135821_Regulation314SASTDisclosureOCR.pdf) |
| 24 June 2026 - Board approved ₹11.5 million ECLGS working capital term loan from ICICI Bank. | [Outcome of Board Meeting 24 June 2026 - Board approved ₹11.5 million ECLGS working capital term loan from ICICI Bank.](https://nsearchives.nseindia.com/corporate/GROVER_24062026124108_Outcome24062026ocrsd.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:38:47.345Z.