---
title: "Shankesh Jewellers (SHANKESH) Share Price, Financials & Research"
symbol: "SHANKESH"
company: "Shankesh Jewellers Ltd"
canonical: "https://tapetide.com/stocks/SHANKESH"
isin: "INE1WFC01025"
nse_symbol: "SHANKESH"
bse_code: "544882"
sector: "Consumer Discretionary"
industry: "Consumer Durables"
generated_at: "2026-11-04T05:34:18.428Z"
---

# Shankesh Jewellers (SHANKESH)

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

## Key Facts

- **Price:** ₹90.90 as of 4 Nov 2026, 11:03 IST
- **Promoter holding:** 69.53% in Sep 2026, a change of -25.95 percentage points from Sep 2025

## Company

- **NSE symbol:** SHANKESH
- **BSE code:** 544882
- **ISIN:** INE1WFC01025
- **Macro sector:** Consumer Discretionary
- **Sector:** Consumer Discretionary
- **Industry:** Consumer Durables
- **Basic industry:** Gems, Jewellery And Watches
- **In the F&O segment:** No

## Latest Price

- **Price:** ₹90.90
- **Change:** +0.34 (+0.38%)
- **Open:** ₹91.20
- **Day High:** ₹91.50
- **Day Low:** ₹90.12
- **Previous Close:** ₹90.56
- **Volume:** 3,09,019
- **As of:** 4 Nov 2026, 11:03 IST

## Key Fundamentals

Price-based figures as of 4 Nov 2026, 11:03 IST · TTM.

- **ROCE:** 50.30%
- **Debt to Equity:** 0.80
- **Book Value:** ₹32.89
- **P/B:** 2.76
- **ROE:** 68.80%
- **Dividend Yield:** 0.00%
- **EBITDA:** ₹158 Cr
- **52W High:** ₹115.90
- **52W Low:** ₹86.58

## Peer Comparison

Classification: Consumer Discretionary › Consumer Durables › Gems, Jewellery And Watches

| Company | Price | P/E | Market Cap | P/B | Div Yield | ROE | ROCE | Sales TTM | Net Profit TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| [Titan Company Ltd (TITAN)](https://tapetide.com/stocks/TITAN) | ₹4,625.50 | 71.28 | ₹3,96,352 Cr | 26.15 | 0.34% | 37.70% | 20.50% | ₹92,417 Cr | ₹5,760 Cr |
| [Kalyan Jewellers India Ltd (KALYANKJIL)](https://tapetide.com/stocks/KALYANKJIL) | ₹510.85 | 36.75 | ₹53,109 Cr | 8.36 | 0.49% | 24.80% | 21.20% | ₹39,063 Cr | ₹1,436 Cr |
| [Lalithaa Jewellery Mart Ltd (LALITHAA)](https://tapetide.com/stocks/LALITHAA) | ₹363.55 | 19.76 | ₹20,236 Cr | 4.93 | 0.00% | 40.20% | 38.00% | ₹21,635 Cr | ₹922 Cr |
| [PC Jeweller Ltd (PCJEWELLER)](https://tapetide.com/stocks/PCJEWELLER) | ₹15.20 | 15.83 | ₹14,667 Cr | 1.60 | 0.00% | 9.96% | 9.60% | ₹3,505 Cr | ₹775 Cr |
| [Thangamayil Jewellery Ltd (THANGAMAYL)](https://tapetide.com/stocks/THANGAMAYL) | ₹4,582.00 | 36.42 | ₹14,143 Cr | 10.06 | 0.40% | 28.10% | 25.50% | ₹9,622 Cr | ₹392 Cr |
| [Sky Gold & Diamonds Ltd (SKYGOLD)](https://tapetide.com/stocks/SKYGOLD) | ₹874.05 | 40.39 | ₹13,750 Cr | 9.63 | 0.23% | 28.90% | 26.90% | ₹7,176 Cr | ₹344 Cr |
| [Bluestone Jewellery & Lifestyle Ltd (BLUESTONE)](https://tapetide.com/stocks/BLUESTONE) | ₹683.40 | 98.76 | ₹10,261 Cr | 5.69 | 0.00% | 1.11% | 6.78% | ₹2,912 Cr | ₹102 Cr |
| [Shankesh Jewellers Ltd (SHANKESH)](https://tapetide.com/stocks/SHANKESH) (this company) | ₹90.90 | — | ₹1,384 Cr | 2.76 | 0.00% | 68.80% | 50.30% | — | — |
| Median of 8 companies | ₹597.13 | 36.75 | ₹14,405 Cr | 7.03 | 0.12% | 28.50% | 23.35% | ₹9,622 Cr | ₹775 Cr |

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

## Key Insights

### Strengths

- Company has a good return on equity (ROE) track record: 3 Years ROE 55.2%

## Technical Indicators

As of 3 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bearish | 6 | 11 | 2 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Bearish | 4 | 6 | 0 |

### Oscillators: Neutral

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 45.40 | Neutral |
| MACD (12,26,9) | -1.16 | Bearish |
| Stochastic (14,3,3) | 11.04 | Bullish |
| ADX (14) | 17.30 | Neutral |
| Williams %R (14) | -82.98 | Bullish |
| ATR (14) | 5.02 | Neutral |
| ROC (12) | -2.69 | Bearish |
| Stoch RSI (14) | 20.75 | Neutral |
| UO (7,14,28) | 35.31 | Neutral |

### Moving Averages: Bearish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 93.03 | Bearish |
| EMA (10) | 91.88 | Bearish |
| SMA (20) | 94.45 | Bearish |
| EMA (20) | 93.04 | Bearish |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 98.12 | 96.26 | 91.86 |
| R2 | 96.26 | 94.46 | 91.42 |
| R1 | 93.41 | 93.35 | 90.99 |
| PP | 91.55 | 91.55 | 91.55 |
| S1 | 88.70 | 89.75 | 90.13 |
| S2 | 86.84 | 88.64 | 89.70 |
| S3 | 83.99 | 86.84 | 89.26 |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 3Y | 21.52% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | 16.17% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 3Y | 120% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 168% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 3Y | Outflow narrowed | compounded annual rate, Mar 2023 to Mar 2026: -₹8.00 Cr to ₹0.00 Cr. A cash outflow at the start, and a smaller one or none at the end. |
| Operating cash flow | 1Y | Outflow narrowed | fiscal year to Mar 2026 vs the year to Mar 2025: -₹23.00 Cr to ₹0.00 Cr. A cash outflow at the start, and a smaller one or none at the end. |
| Operating margin | 3Y | +7.16 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | +5.06 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: No quarterly results are reported.

## Financial Statements

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Sales | 909 | 1,062 | 1,404 | 1,631 |
| Expenses | 887 | 1,033 | 1,338 | 1,473 |
| Operating Profit | 23 | 29 | 65 | 158 |
| OPM % | 2.5% | 2.7% | 4.7% | 10% |
| Other Income | 0 | 0 | 0 | 0 |
| Interest | 8 | 11 | 11 | 13 |
| Depreciation | 0 | 1 | 1 | 1 |
| Profit before tax | 14 | 17 | 54 | 143 |
| Tax % | 26% | 26% | 25% | 26% |
| Net Profit | 10 | 13 | 40 | 107 |
| EPS in Rs | 37.4 | 45.93 | 41.26 | 9.08 |
| Dividend Payout % | 0% | 0% | 0% | 0% |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Equity Capital | 3 | 3 | 10 | 59 |
| Reserves | 45 | 58 | 91 | 151 |
| Borrowings | 98 | 110 | 146 | 168 |
| Other Liabilities | 28 | 7 | 3 | 26 |
| Total Liabilities | 174 | 177 | 250 | 404 |
| Fixed Assets | 0 | 2 | 4 | 3 |
| CWIP | 0 | 0 | 0 | 12 |
| Investments | 0 | 0 | 0 | 0 |
| Other Assets | 174 | 175 | 245 | 388 |
| Total Assets | 174 | 177 | 250 | 404 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | -8 | 1 | -23 | 0 |
| Cash from Investing Activity | 0 | -1 | -3 | -13 |
| Cash from Financing Activity | 8 | 0 | 26 | 12 |
| Net Cash Flow | 0 | 0 | 0 | 0 |
| Free Cash Flow | -8 | 0 | -26 | -12 |
| CFO/OP | -16 | 21 | -15 | 20 |

### Ratios

| Item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: |
| Debtor Days | 18 | 14 | 21 | 28 |
| Inventory Days | 53 | 47 | 44 | 60 |
| Days Payable | 9 | 0 | 0 | 1 |
| Cash Conversion Cycle | 61 | 61 | 65 | 88 |
| Working Capital Days | 18 | 20 | 25 | 43 |
| ROCE % | — | 18% | 31% | 50% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Sep 2025 | Sep 2026 |
| --- | ---: | ---: |
| Promoters | 95.48% | 69.53% |
| FIIs | 0.00% | 3.03% |
| DIIs | 0.00% | 3.13% |
| Government | 0.00% | 0.00% |
| Public | 0.00% | 19.52% |
| Others | 4.52% | 4.79% |
| No. of Shareholders | 48 | 42,877 |

## Documents

### Concalls

| Month | Call documents |
| --- | --- |
| Sep 2026 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=effbed40-1591-4d31-930c-97e28069c2a7.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=65025ed1-6970-42dd-9053-5c86d696dabf.pdf), [Recording](https://www.shankeshjewellers.com/web_assets/assets/investor-relations/2026_09_11_10_45_100470851.mp4) |

### Results

| Date | Document |
| --- | --- |
| 10 Sep 2026 | [Results - Financial Results For Quarter Ended June 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c7dead4-1c60-40cb-813b-2ec406dce7c9.pdf) |

### Annual reports

| Year | Report |
| --- | --- |
| FY2026 | [Annual report](https://www.shankeshjewellers.com/web_assets/assets/investor-relations/2026_08_20_08_31_23_annualreport2025-2026.pdf) |

### Credit ratings

| Date | Document |
| --- | --- |
| 3 Sep 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/ShankeshJewellersLimited_September%2003_%202026_RR_404978.html) |
| 9 Jun 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/ShankeshJewellersLimited_June%2009_%202026_RR_393987.html) |

### Exchange filings

Latest 12 of 17.

| Date | Document | Category |
| --- | --- | --- |
| 30 Oct 2026 | [Board Meeting Intimation for Unaudited Financial Results For The Quarter And Half Year Ended September 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=aee07556-dd3a-4d46-ba6f-d228f0703edc.pdf) | Intimation |
| 14 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05690bb2-6809-436c-969c-7f685fcc6b17.pdf) | General announcements |
| 24 Sep 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=119dca80-a652-4273-a137-6e8ef4141ac5.pdf) | Intimation |
| 24 Sep 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8c690c2-86d0-4dae-8157-4c4d4ba88de8.pdf) | General announcements |
| 11 Sep 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=47a7856d-336b-4261-906a-84132cf96673.pdf) | General announcements |
| 11 Sep 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d8294419-cee2-49be-a2e9-cb83b129c6a7.pdf) | — |
| 10 Sep 2026 | [Board Meeting Outcome for Outcome Of Board Meeting Dated September 10 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=583dc5f1-3789-4a8f-92e2-7db63ffa4f87.pdf) | Outcome |
| 10 Sep 2026 | [Announcement under Regulation 30 (LODR)-Change in Registered Office Address](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50c175a7-f4f5-4ee2-8962-7cfcc1eda73f.pdf) | General announcements |
| 8 Sep 2026 | [Earnings Call](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=07d707fc-e304-4977-a899-e7bfd8b74baa.pdf) | General announcements |
| 7 Sep 2026 | [Board Meeting Intimation for Unaudited Financial Results For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2b47518a-bda0-452c-abe9-6ce640b38a04.pdf) | Intimation |
| 4 Sep 2026 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9f740599-d7e8-41c9-967d-6dceae3580c2.pdf) | General announcements |
| 4 Sep 2026 | [Announcement under Regulation 30 (LODR)-Credit Rating](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a319a231-1d75-4be3-8bba-226e47dacb90.pdf) | General announcements |

## Frequently Asked Questions about Shankesh Jewellers

### What does Shankesh Jewellers Ltd do?

Incorporated in 2005, Shankesh Jewellers Limited is engaged in the business of manufacturing and providing customised handcrafted gold jewellery.

### Where is Shankesh Jewellers Ltd (SHANKESH) listed?

Shankesh Jewellers Ltd trades as SHANKESH on the NSE and under code 544882 on the BSE.

### Which sector does Shankesh Jewellers Ltd belong to?

Shankesh Jewellers Ltd is classified under the Consumer Discretionary sector, in the Consumer Durables industry.

### What is the 52-week high and low of Shankesh Jewellers Ltd?

Over the last 52 weeks Shankesh Jewellers Ltd has traded between ₹86.58 and ₹115.9 as of 4 Nov 2026.

### What is the Return on Equity (ROE) of Shankesh Jewellers Ltd?

Shankesh Jewellers Ltd reported a return on equity of 68.80%. Its debt-to-equity ratio is 0.80.

## Company Information

Incorporated in 2005, Shankesh Jewellers Limited is engaged in the business of manufacturing and providing customised handcrafted gold jewellery.

- **Website:** https://shankeshjewellers.com/
- **Listed:** 25 Aug 2026
- **Face Value:** ₹5

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 4 Nov 2026, 11:04 IST.