MOTISONSConsumer Discretionary

Motisons Jewellers Limited

Gems, Jewellery And Watches · ISIN INE0FRK01020 · BSE 544053 · NSE EQ · FV ₹1
Last price
₹18
+7.94%today
What this company does

Motisons Jewellers Limited operates in Gems, Jewellery And Watches, part of the Consumer Discretionary sector. It booked ₹107 cr of revenue in its latest quarter (Q1 FY27) and kept 10.3% of sales as profit.

In the report:
57out of 100
Equitytale Health Score
Mixed

Healthier than 57% of companies in Consumer Discretionary, on the 5 of 6 measures we could read for it. Each measure is ranked against the 326–421 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)
66

At close. Not part of the score.

Profitability & returns61

How much profit it earns on the money it employs

Balance sheet78

How much it owes, and whether earnings cover the interest

Cash quality32

Whether reported profit actually arrives as cash

Valuation20

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

Not measurable for this company: growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Strengths
Makes a profit
Sales up 23% vs last year
Profit up 38% vs last year
Promoters hold 57%
No promoter shares pledged
Virtually debt-free
Turns profit into real cash
Watch-outs
None flagged from our data

What if I invest in MOTISONS?

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 We do not publish price targets or predict returns.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
₹18 +7.94%
latest close · 2026-09-17
52-wk low ₹1342 sessions so far52-wk high ₹19
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 ratio40.8High
LowAverageHigh
P/B ratio4.09High
Below bookModerateHigh
EV / EBITDA31.5High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity8.9%Fair
WeakFairStrong ▸15%
Return on capital12.5%Fair
WeakFairStrong
Net margin10.3%Decent
ThinDecentStrong
EBITDA margin15.2%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.08Comfortable
LowModerateHigh ▸1
Interest cover14.7×Strong
RiskyOkayStrong ▸5×
Current ratio8.67Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹2,041 cr
Book value
₹4
EPS
₹0.11
latest quarter
Net debt
₹22 cr
owes more than its cash
Enterprise value
₹2,063 cr
EBITDA
₹65 cr
annualised
EBIT
₹64 cr
annualised
Operating margin
14.8%
Return on assets
7.7%
Earnings yield
2.45%
P/S
4.75
Sales / share
₹3.8
Tax rate
25.5%
Face value
₹1
Shares
113.8 cr
Working capital
₹499 cr
Current assets
₹564 cr
Current liabilities
₹65 cr
Delivery %
22.2%
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
Hard to value confidentlyLow confidence
The market price is far above what these earnings- and book-based models support — a fast-growing or asset-light business can trade well above them for years, so we won't put a confident number on how overpriced it is.
Models span ₹3₹7, midpoint ₹5

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₹107 cr
Other Income₹1.1 L
Total Income₹107 cr
Cost of Materials₹15 cr
Purchases of Stock-in-Trade₹166 cr
Inventory Change (±)₹-96 cr
Employee Benefit Expense₹3 cr
Finance Costs₹1 cr
Depreciation & Amortisation₹43.6 L
Other Expenses₹3 cr
Total Expenses₹93 cr
Profit before Tax₹15 cr
Tax Expense₹4 cr
Net Profit₹11 cr
Net margin on total income10.3%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹86 cr79.9%
Employee benefit expense₹3 cr2.6%
Finance costs₹1 cr1.0%
Depreciation & amortisation₹43.6 L0.4%
Other expenses₹3 cr2.3%
Tax expense₹4 cr3.5%
Profit for the period₹11 cr10.3%
Total income ₹107 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue175 cr137 cr107 cr
Total income175 cr143 cr107 cr
Expenses141 cr132 cr93 cr
Profit before tax34 cr11 cr15 cr
Tax8 cr3 cr4 cr
Net profit (owners' share)26 cr8 cr11 cr
Net margin (owners' share, on revenue)14.9%6.0%10.3%
EPS (₹)0.260.080.11
YoY (latest quarter): total income +23.3% · net profit +37.6%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹573 cr
Shareholder equity
₹499 cr
parent shareholders
Total debt
₹38 cr
Cash
₹16 cr
Cash flow · H1 FY26
Operating
₹29 cr
Investing
₹-43.4 L
Financing
₹-20 cr
Peer comparison
Gems, Jewellery And Watches · by market value
CompanyPriceMarket capP/E
Titan Company Limited₹4,841₹4.30 L cr60.4
Kalyan Jewellers India Limited₹581₹60,049 cr43.0
Thangamayil Jewellery Limited₹4,811₹14,953 cr43.9
Lalithaa Jewellery Mart Limited₹290₹14,519 cr17.5
BlueStone Jewellery and Lifestyle Limited₹831₹12,667 cr451.7
SKY GOLD AND DIAMONDS LIMITED₹793₹12,286 cr29.7
PC Jeweller Limited₹12₹11,992 cr13.4
P N Gadgil Jewellers Limited₹601₹8,158 cr19.4
Ethos Limited₹2,651₹7,093 cr63.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Stock splitStock Split From Rs.10/- to Rs.1/-8 Nov 2024
Who owns it · 2026-07-09
No pledge
Promoter
57.1%
FII / Foreign
10.6%
DII / Domestic
3.6%
Retail / others
28.7%
Promoter stake down 8.9% over the last 12 quarters.
Smart-money activity
Bulk / block deals
SoldHRTI PRIVATE LIMITED · NSE58.50 L @ ₹16.1716 Sep 26
BoughtHRTI PRIVATE LIMITED · NSE57.37 L @ ₹16.4316 Sep 26
BoughtARIHANT CAPITAL MARKETS LIMITED · NSE1.31 cr @ ₹16.2416 Sep 26
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.

Yearly shareholder meeting · 27 Sep 2025
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31 st March, 2025 together with the reports of the Board of Directors and Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
2.95 L votes for, 774 against
2
To appoint a Director in place of Mr. Sanjay Chhabra (DIN: 00120792), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
2.92 L votes for, 3,469 against
3
To appoint a Director in place of Mrs. Kajal Chhabra (DIN: 00120914), who retires by rotation at this Annual General Meeting and being eligible, offers herself for re-appointment.
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
2.92 L votes for, 3,469 against
4
Appointment of M/s. Bhawika Ramnani & Co, a peer reviewed Sole Proprietorship firm of Company Secretary in Practice (Firm Registration Number S2023RJ949100) as Secretarial Auditors of the company.
Backed by 100% of shareholders other than promotersneeded 50%
2.95 L votes for, 774 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 — 12 named members
owning 57.1% between them · as of 2026-07-09
Motisons Global Private Limited16.07%
Sanjay Chhabra12.51%
Motisons Entertainment India Private Limited6.47%
Moti Lal Sandeep Chhabra (Huf)5.64%
Sandeep Chhabra5.59%
Namita Chhabra5.35%
Sandeep Chhabra Huf3.52%
Sanjay Chhabra Huf1.54%

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.

₹150 cr raised in Jun 2026 by selling shares to large investors

As of Jun 2026, the company says it has spent 93% of what it set aside, leaving ₹10 cr still to be spent. CRISIL Ratings Limited watches the spending on the exchange’s behalf.

Funding working capital requirements of the Company
100%
₹129 cr of ₹130 cr
General corporate purposes
0%
₹0 cr of ₹9 cr
₹170 cr raised in Oct 2024 by selling shares to selected investors

As of Jun 2026, the company says it has spent 38% of what it set aside, leaving ₹105 cr still to be spent. CRISIL Ratings Limited watches the spending on the exchange’s behalf.

Issue Related Expenses
22%
₹11 L of ₹50 L
Repayment of Outstanding unsecured loans including interest accrued thereon
85%
₹34 cr of ₹40 cr
General Corporate Purposes
0%
₹0 cr of ₹35 cr
Working Capital Requirements
32%
₹31 cr of ₹95 cr
Spent by quarter: 25%25%25%28%38%38% (to Jun 2026)

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.