PC Jeweller Limited
PC Jeweller Limited manufactures, sells, and trades in gold, diamond, silver articles, precious stone, and gold and diamond studded jewelry in India. It offers rings, earrings, pendants, gold chains, bracelets and bangles, nose pins, necklaces, and mangalsutra, as well as men's jewelry. It sells its jewelry through its retail showrooms, franchisee showrooms, and online. It also exports its produc… Read more
PC Jeweller Limited (PCJEWELLER) - Net Assets
Latest net assets as of September 2025: ₹72.38 Billion INR
Based on the latest financial reports, PC Jeweller Limited (PCJEWELLER) has net assets worth ₹72.38 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹89.15 Billion) and total liabilities (₹16.77 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹72.38 Billion |
| % of Total Assets | 81.19% |
| Annual Growth Rate | 35.47% |
| 5-Year Change | 45.05% |
| 10-Year Change | 166.2% |
| Growth Volatility | 57.72 |
PC Jeweller Limited - Net Assets Trend (2008–2025)
This chart illustrates how PC Jeweller Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PC Jeweller Limited (2008–2025)
The table below shows the annual net assets of PC Jeweller Limited from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹61.93 Billion | +111.26% |
| 2024-03-31 | ₹29.31 Billion | -20.57% |
| 2023-03-31 | ₹36.91 Billion | -5.10% |
| 2022-03-31 | ₹38.89 Billion | -8.91% |
| 2021-03-31 | ₹42.69 Billion | +6.65% |
| 2020-03-31 | ₹40.03 Billion | +2.10% |
| 2019-03-31 | ₹39.21 Billion | +1.02% |
| 2018-03-31 | ₹38.81 Billion | +15.79% |
| 2017-03-31 | ₹33.52 Billion | +44.08% |
| 2016-03-31 | ₹23.26 Billion | +16.87% |
| 2015-03-31 | ₹19.91 Billion | +18.33% |
| 2014-03-31 | ₹16.82 Billion | +21.13% |
| 2013-03-31 | ₹13.89 Billion | +150.04% |
| 2012-03-31 | ₹5.55 Billion | +70.55% |
| 2011-03-31 | ₹3.26 Billion | +114.21% |
| 2010-03-31 | ₹1.52 Billion | +178.44% |
| 2009-03-31 | ₹546.02 Million | +53.72% |
| 2008-03-31 | ₹355.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PC Jeweller Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1874940000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹18.75 Billion | 30.28% |
| Common Stock | ₹6.36 Billion | 10.26% |
| Other Comprehensive Income | ₹6.08 Billion | 9.82% |
| Other Components | ₹30.74 Billion | 49.64% |
| Total Equity | ₹61.93 Billion | 100.00% |
PC Jeweller Limited Competitors by Market Cap
The table below lists competitors of PC Jeweller Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changhong Meiling Co Ltd B
SHE:200521
|
$364.69 Million |
|
Willis Lease Finance Corporation
NASDAQ:WLFC
|
$364.73 Million |
|
Atea Pharmaceuticals Inc
NASDAQ:AVIR
|
$364.79 Million |
|
ShenZhen V&T Technologies Co Ltd
SHE:300484
|
$364.80 Million |
|
Real Brokerage Inc
NASDAQ:REAX
|
$364.46 Million |
|
Stolt-Nielsen Limited
PINK:SOIEF
|
$364.45 Million |
|
Colony Bankcorp Inc.
NYSE:CBAN
|
$364.40 Million |
|
Bio-Thera Solutions Ltd
SHG:688177
|
$364.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PC Jeweller Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 29,313,500,000 to 61,928,000,000, a change of 32,614,500,000 (111.3%).
- Net income of 5,777,000,000 contributed positively to equity growth.
- Share repurchases of 11,746,400,000 reduced equity.
- New share issuances of 11,746,400,000 increased equity.
- Other comprehensive income increased equity by 5,955,799,999.
- Other factors increased equity by 20,881,700,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹5.78 Billion | +9.33% |
| Share Repurchases | ₹11.75 Billion | -18.97% |
| Share Issuances | ₹11.75 Billion | +18.97% |
| Other Comprehensive Income | ₹5.96 Billion | +9.62% |
| Other Changes | ₹20.88 Billion | +33.72% |
| Total Change | ₹- | 111.26% |
Book Value vs Market Value Analysis
This analysis compares PC Jeweller Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.68x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 60.52x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-03-31 | ₹0.14 | ₹8.30 | x |
| 2009-03-31 | ₹0.21 | ₹8.30 | x |
| 2010-03-31 | ₹0.51 | ₹8.30 | x |
| 2011-03-31 | ₹1.23 | ₹8.30 | x |
| 2012-03-31 | ₹1.55 | ₹8.30 | x |
| 2013-03-31 | ₹4.75 | ₹8.30 | x |
| 2014-03-31 | ₹4.70 | ₹8.30 | x |
| 2015-03-31 | ₹5.56 | ₹8.30 | x |
| 2016-03-31 | ₹6.48 | ₹8.30 | x |
| 2017-03-31 | ₹8.68 | ₹8.30 | x |
| 2018-03-31 | ₹10.01 | ₹8.30 | x |
| 2019-03-31 | ₹9.91 | ₹8.30 | x |
| 2020-03-31 | ₹10.12 | ₹8.30 | x |
| 2021-03-31 | ₹10.50 | ₹8.30 | x |
| 2022-03-31 | ₹8.36 | ₹8.30 | x |
| 2023-03-31 | ₹7.93 | ₹8.30 | x |
| 2024-03-31 | ₹6.30 | ₹8.30 | x |
| 2025-03-31 | ₹12.14 | ₹8.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PC Jeweller Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.74%
- • Asset Turnover: 0.27x
- • Equity Multiplier: 1.36x
- Recent ROE (9.33%) is below the historical average (15.97%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 33.46% | 3.70% | 1.84x | 4.91x | ₹83.35 Million |
| 2009 | 34.92% | 3.06% | 1.51x | 7.54x | ₹136.07 Million |
| 2010 | 51.57% | 7.97% | 1.38x | 4.69x | ₹631.93 Million |
| 2011 | 45.35% | 7.48% | 1.83x | 3.31x | ₹1.15 Billion |
| 2012 | 41.58% | 7.59% | 1.45x | 3.78x | ₹1.75 Billion |
| 2013 | 20.95% | 7.24% | 1.17x | 2.47x | ₹1.52 Billion |
| 2014 | 21.18% | 6.69% | 1.26x | 2.52x | ₹1.88 Billion |
| 2015 | 19.01% | 5.95% | 1.35x | 2.37x | ₹1.79 Billion |
| 2016 | 17.18% | 5.45% | 1.27x | 2.48x | ₹1.67 Billion |
| 2017 | 12.56% | 4.97% | 1.15x | 2.21x | ₹858.19 Million |
| 2018 | 13.80% | 5.57% | 1.07x | 2.31x | ₹1.48 Billion |
| 2019 | 0.02% | 0.01% | 1.13x | 1.95x | ₹-3.91 Billion |
| 2020 | 2.07% | 1.59% | 0.66x | 1.97x | ₹-3.17 Billion |
| 2021 | 1.45% | 2.19% | 0.36x | 1.85x | ₹-3.65 Billion |
| 2022 | -10.05% | -24.34% | 0.21x | 1.94x | ₹-7.80 Billion |
| 2023 | -5.51% | -8.22% | 0.32x | 2.07x | ₹-5.72 Billion |
| 2024 | -21.47% | -103.96% | 0.08x | 2.48x | ₹-9.22 Billion |
| 2025 | 9.33% | 25.74% | 0.27x | 1.36x | ₹-415.80 Million |
Industry Comparison
This section compares PC Jeweller Limited's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $3,119,923,945
- Average return on equity (ROE) among peers: 12.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PC Jeweller Limited (PCJEWELLER) | ₹72.38 Billion | 33.46% | 0.23x | $364.47 Million |
| D. P. Abhushan Limited (DPABHUSHAN) | $970.79 Million | 28.23% | 3.07x | $55.26 Million |
| Ethos Limited (ETHOSLTD) | $515.18 Million | 0.29% | 2.67x | $288.97 Million |
| Goenka Diamond and Jewels Limited (GOENKA) | $2.64 Billion | -6.02% | 2.09x | $1.18 Million |
| Goldiam International Limited (GOLDIAM) | $2.55 Billion | 6.69% | 0.63x | $146.11 Million |
| Kalyan Jewellers India Limited (KALYANKJIL) | $21.58 Billion | 6.63% | 2.81x | $1.62 Billion |
| Kanani Industries Limited (KANANIIND) | $171.10 Million | 48.65% | 1.77x | $1.81 Million |
| KDDL Limited (KDDL) | $1.62 Billion | 10.59% | 1.66x | $125.89 Million |
| Laxmi Goldorna House Ltd (LGHL) | $314.55 Million | 0.40% | 2.56x | $37.95 Million |
| Lypsa Gems & Jewellery Limited (LYPSAGEMS) | $267.48 Million | 15.22% | 5.40x | $968.81K |
| Moksh Ornaments Limited (MOKSH) | $572.50 Million | 10.92% | 0.87x | $12.89 Million |