PC Jeweller Limited (PCJEWELLER) - Net Assets

Latest as of March 2026: Rs81.74 Billion INR ≈ $884.01 Million USD

Based on the latest financial reports, PC Jeweller Limited (PCJEWELLER) has net assets worth Rs81.74 Billion INR (≈ $884.01 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs94.25 Billion ≈ $1.02 Billion USD) and total liabilities (Rs12.51 Billion ≈ $135.24 Million USD). 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. Check PCJEWELLER capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs81.74 Billion
% of Total Assets	86.73%
Annual Growth Rate	35.28%
5-Year Change	110.2%
10-Year Change	143.87%
Growth Volatility	56.18

PC Jeweller Limited - Net Assets Trend (2008–2026)

This chart illustrates how PC Jeweller Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see PCJEWELLER market cap overview.

Annual Net Assets for PC Jeweller Limited (2008–2026)

The table below shows the annual net assets of PC Jeweller Limited from 2008 to 2026. Also explore PC Jeweller Limited equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs81.74 Billion ≈ $884.01 Million	+32.00%
2025-03-31	Rs61.93 Billion ≈ $669.73 Million	+111.26%
2024-03-31	Rs29.31 Billion ≈ $317.01 Million	-20.57%
2023-03-31	Rs36.91 Billion ≈ $399.12 Million	-5.10%
2022-03-31	Rs38.89 Billion ≈ $420.55 Million	-8.91%
2021-03-31	Rs42.69 Billion ≈ $461.71 Million	+6.65%
2020-03-31	Rs40.03 Billion ≈ $432.91 Million	+2.10%
2019-03-31	Rs39.21 Billion ≈ $424.00 Million	+1.02%
2018-03-31	Rs38.81 Billion ≈ $419.73 Million	+15.79%
2017-03-31	Rs33.52 Billion ≈ $362.50 Million	+44.08%
2016-03-31	Rs23.26 Billion ≈ $251.59 Million	+16.87%
2015-03-31	Rs19.91 Billion ≈ $215.27 Million	+18.33%
2014-03-31	Rs16.82 Billion ≈ $181.93 Million	+21.13%
2013-03-31	Rs13.89 Billion ≈ $150.19 Million	+150.04%
2012-03-31	Rs5.55 Billion ≈ $60.07 Million	+70.55%
2011-03-31	Rs3.26 Billion ≈ $35.22 Million	+114.21%
2010-03-31	Rs1.52 Billion ≈ $16.44 Million	+178.44%
2009-03-31	Rs546.02 Million ≈ $5.90 Million	+53.72%
2008-03-31	Rs355.21 Million ≈ $3.84 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs8.65 Billion	10.58%
Other Comprehensive Income	Rs73.09 Billion	89.42%
Total Equity	Rs81.74 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
Asana Inc NYSE:ASAN	$1.52 Billion
Realia MC:RLIA	$1.52 Billion
Nyfosa AB (publ) ST:NYF	$1.52 Billion
Corporativo GBM S.A.B. de C.V MX:GBMO	$1.53 Billion
Kemper Corporation NYSE:KMPR	$1.52 Billion
Anhui Andeli Department Store Co Ltd SHG:603031	$1.52 Billion
Henan Hanwei Electronics Co SHE:300007	$1.52 Billion
Opera Limited F:2V8	$1.52 Billion

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 2025 to 2026, total equity changed from 61,928,000,000 to 81,742,500,000, a change of 19,814,500,000 (32.0%).
Net income of 7,144,600,000 contributed positively to equity growth.
New share issuances of 12,593,300,000 increased equity.
Other comprehensive income increased equity by 67,012,900,001.
Other factors decreased equity by 66,936,300,001.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs7.14 Billion	+8.74%
Share Issuances	Rs12.59 Billion	+15.41%
Other Comprehensive Income	Rs67.01 Billion	+81.98%
Other Changes	Rs-66.94 Billion	-81.89%
Total Change	Rs-	32.00%

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: 1.52x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 105.52x to 1.52x 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	Rs0.14	Rs14.47	x
2009-03-31	Rs0.21	Rs14.47	x
2010-03-31	Rs0.51	Rs14.47	x
2011-03-31	Rs1.23	Rs14.47	x
2012-03-31	Rs1.55	Rs14.47	x
2013-03-31	Rs4.75	Rs14.47	x
2014-03-31	Rs4.70	Rs14.47	x
2015-03-31	Rs5.56	Rs14.47	x
2016-03-31	Rs6.48	Rs14.47	x
2017-03-31	Rs8.68	Rs14.47	x
2018-03-31	Rs10.01	Rs14.47	x
2019-03-31	Rs9.91	Rs14.47	x
2020-03-31	Rs10.12	Rs14.47	x
2021-03-31	Rs10.50	Rs14.47	x
2022-03-31	Rs8.36	Rs14.47	x
2023-03-31	Rs7.93	Rs14.47	x
2024-03-31	Rs6.30	Rs14.47	x
2025-03-31	Rs12.14	Rs14.47	x
2026-03-31	Rs9.50	Rs14.47	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): 8.74%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 21.31%
• Asset Turnover: 0.36x
• Equity Multiplier: 1.15x
Recent ROE (8.74%) is below the historical average (15.59%), 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	Rs83.35 Million
2009	34.92%	3.06%	1.51x	7.54x	Rs136.07 Million
2010	51.57%	7.97%	1.38x	4.69x	Rs631.93 Million
2011	45.35%	7.48%	1.83x	3.31x	Rs1.15 Billion
2012	41.58%	7.59%	1.45x	3.78x	Rs1.75 Billion
2013	20.95%	7.24%	1.17x	2.47x	Rs1.52 Billion
2014	21.18%	6.69%	1.26x	2.52x	Rs1.88 Billion
2015	19.01%	5.95%	1.35x	2.37x	Rs1.79 Billion
2016	17.18%	5.45%	1.27x	2.48x	Rs1.67 Billion
2017	12.56%	4.97%	1.15x	2.21x	Rs858.19 Million
2018	13.80%	5.57%	1.07x	2.31x	Rs1.48 Billion
2019	0.02%	0.01%	1.13x	1.95x	Rs-3.91 Billion
2020	2.07%	1.59%	0.66x	1.97x	Rs-3.17 Billion
2021	1.45%	2.19%	0.36x	1.85x	Rs-3.65 Billion
2022	-10.05%	-24.34%	0.21x	1.94x	Rs-7.80 Billion
2023	-5.51%	-8.22%	0.32x	2.07x	Rs-5.72 Billion
2024	-21.47%	-103.96%	0.08x	2.48x	Rs-9.22 Billion
2025	9.33%	25.74%	0.27x	1.36x	Rs-415.80 Million
2026	8.74%	21.31%	0.36x	1.15x	Rs-1.03 Billion

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: $5,716,504,312
Average return on equity (ROE) among peers: 11.51%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
PC Jeweller Limited (PCJEWELLER)	Rs81.74 Billion	33.46%	0.15x	$1.52 Billion
D. P. Abhushan Limited (DPABHUSHAN)	$149.84 Million	14.38%	5.85x	$359.43 Million
Ethos Limited (ETHOSLTD)	$16.64 Billion	5.69%	0.32x	$769.79 Million
Goenka Diamond and Jewels Limited (GOENKA)	$430.93 Million	28.81%	1.70x	$2.81 Million
Goldiam International Limited (GOLDIAM)	$4.15 Billion	11.29%	0.22x	$406.16 Million
Kalyan Jewellers India Limited (KALYANKJIL)	$31.38 Billion	7.15%	1.85x	$6.53 Billion
Laxmi Goldorna House Ltd (LGHL)	$454.38 Million	20.86%	1.37x	$95.68 Million
Lypsa Gems & Jewellery Limited (LYPSAGEMS)	$54.05 Million	3.62%	1.26x	$1.56 Million
Moksh Ornaments Limited (MOKSH)	$572.50 Million	10.92%	0.87x	$9.17 Million
Motisons Jewellers Ltd (MOTISONS)	$1.04 Billion	3.37%	1.47x	$204.65 Million
Manoj Vaibhav Gems 'N' Jewellers Limited (MVGJL)	$2.29 Billion	9.06%	2.51x	$116.90 Million

About PC Jeweller Limited

NSE:PCJEWELLER India Luxury Goods

Market Cap

$1.52 Billion

Rs140.95 Billion INR

Market Cap Rank

#7230 Global

#355 in India

Share Price

Rs14.47

Change (1 day)

+6.55%

52-Week Range

Rs7.57 - Rs14.47

All Time High

Rs583.73