MOKSH

Moksh Ornaments Limited

Listed company · ISIN INE514Y01020 · NSE EQ · FV ₹2
Last price
₹10
+0.20%today
What this company does

Moksh Ornaments Limited is a listed company. It booked ₹268 cr of revenue in its latest quarter (Q1 FY27) and kept 1.2% of sales as profit.

In the report:
53out of 100
Equitytale Health Score
Mixed

Healthier than 53% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 611–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
41

At close. Not part of the score.

Profitability & returns42

How much profit it earns on the money it employs

Balance sheet58

How much it owes, and whether earnings cover the interest

Cash quality29

Whether reported profit actually arrives as cash

Growth & consistency72

Whether sales and profit have grown, and how steadily

Valuation40

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 78% vs last year
Profit up 28% vs last year
Promoters hold 40%
No promoter shares pledged
Watch-outs
! Thin 1.2% net margin
! Operating cash flow is negative

What if I invest in MOKSH?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹10 +0.20%
latest close · 2026-09-17
1-year return
-68.5%
52-wk low ₹1052-wk high ₹61
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio13.8Low
LowAverageHigh
P/B ratio0.68Below book
Below bookModerateHigh
EV / EBITDA4.6Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity9.6%Fair
WeakFairStrong ▸15%
Return on capital16.6%Strong
WeakFairStrong
Net margin1.2%Thin
ThinDecentStrong
EBITDA margin2.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.19Comfortable
LowModerateHigh ▸1
Interest cover4.2×Okay
RiskyOkayStrong ▸5×
Current ratio3.24Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹88 cr
Book value
₹15
EPS
₹0.18
latest quarter
Net debt
₹24 cr
owes more than its cash
Enterprise value
₹112 cr
EBITDA
₹24 cr
annualised
EBIT
₹22 cr
annualised
Operating margin
2.0%
Return on assets
6.7%
Earnings yield
7.24%
P/S
0.08
Sales / share
₹121.3
Tax rate
24.5%
Face value
₹2
Shares
8.8 cr
Working capital
₹122 cr
Current assets
₹177 cr
Current liabilities
₹54 cr
Delivery %
68.9%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2025 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹6 vs market price ₹10 — price is 66% above it
Safety cushion-66.3%(target ≥ +20%)
Models span ₹5₹7, midpoint ₹6
Model ₹6
Price ₹10
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹268 cr
Other Income₹1 cr
Total Income₹269 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹228 cr
Inventory Change (±)₹32 cr
Employee Benefit Expense₹55.7 L
Finance Costs₹1 cr
Depreciation & Amortisation₹68.3 L
Other Expenses₹2 cr
Total Expenses₹265 cr
Profit before Tax₹4 cr
Tax Expense₹1 cr
Net Profit₹3 cr
Net margin on total income1.2%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹260 cr96.9%
Employee benefit expense₹55.7 L0.2%
Finance costs₹1 cr0.5%
Depreciation & amortisation₹68.3 L0.3%
Other expenses₹2 cr0.6%
Tax expense₹1 cr0.4%
Profit for the period₹3 cr1.2%
Total income ₹269 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue115 cr261 cr268 cr
Total income115 cr263 cr269 cr
Expenses112 cr260 cr265 cr
Profit before tax4 cr3 cr4 cr
Tax95.2 L98.2 L1 cr
Net profit (owners' share)3 cr2 cr3 cr
Net margin (owners' share, on revenue)2.5%0.7%1.2%
EPS (₹)0.160.100.18
YoY (latest quarter): total income +78.1% · net profit +28.2%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹185 cr
Shareholder equity
₹129 cr
parent shareholders
Total debt
₹24 cr
Cash
₹11.8 L
Cash flow · H1 FY26
Operating
₹-15 cr
Investing
₹-40.7 L
Financing
₹15 cr
Who owns it · 2026-06-30
No pledge
Promoter
40.1%
FII / Foreign
4.7%
DII / Domestic
0.1%
Retail / others
55.2%
Promoter stake down 15.0% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAmrit Jawanmalji Shah · Promoters45.00 L · ₹6.8 cr15 Oct 25
SoldHarshita Amrit Shah · Promoter Group3.45 L4 Jan 23
BoughtAmrit Shah · Promoters92.69 L4 Jan 23
Bulk / block deals
SoldSHRENI SHARES PVT · NSE5.25 L @ ₹11.912 Mar 26
BoughtKRISHA UNILKUMAR DOSANI · NSE5.00 L @ ₹11.9712 Mar 26
BoughtTEJALBEN DEEPAKKUMAR SHAH · NSE4.52 L @ ₹14.525 Dec 25
Stake changes
BoughtMr. Amrit Jawanmal Shah · promoter→ 33.92% · 45.00 L15 Oct 25
BoughtAmrit Jawanmal Shah · promoter→ 33.92% · 45.00 L15 Oct 25
SoldPine Oak Global Fund→ 4.77% · 16.21 L17 Mar 25
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Special shareholder meeting · 13 Mar 2026
See the official result
1
REGULARIZATION OF MR. YOGESH ARVIND BHAI BHUVA (DIN: 09293985) AS NON-EXECUTIVE, INDEPENDENT DIRECTOR OF THE COMPANY
Backed by 100% of shareholders other than promotersneeded 75%
56,807 votes for, 40 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 8 named members
owning 40.1% between them · as of 2026-06-30
AMRIT JAWANMALJI SHAH33.92%
SANGEETA AMRITLAL SHAH6.17%
AMRIT JAWANMAL SHAH HUFno shares
HARSHITA AMRIT SHAHno shares
JAWANMAL MOOLCHAND SHAHno shares
JAWANMAL MOOLCHAND SHAH HUFno shares
PURVESH AMRIT SHAHno shares
VIMLA JAWANMALJI SHAHno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹2 cr raised in Aug 2025 by selling shares to selected investors

As of Sep 2025, the company says it has spent 100% of what it set aside.

To meet the Company’s business expansion plans, including the setting up of new manufacturing units, procurement of specialised machinery.
100%
₹62.5 L of ₹62.5 L
To meet working capital requirements of the Company
100%
₹100 L of ₹100 L
To meet general corporate expenditure
100%
₹6.3 L of ₹6.3 L
₹7 cr raised in Aug 2025 by selling shares to selected investors

As of Sep 2025, the company says it has spent 100% of what it set aside.

To meet the Company’s business expansion plans, including the setting up of new manufacturing units, procurement of specialised machinery.
100%
₹3 cr of ₹3 cr
To meet working capital requirements of the Company
100%
₹4 cr of ₹4 cr
To meet general corporate expenditure
100%
₹25 L of ₹25 L

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.