PUSHPA

Pushpa Jewellers Limited

Listed company · ISIN INE154801018 · NSE SM · FV ₹10
Last price
₹115
+0.88%today
What this company does

Pushpa Jewellers Limited is a listed company. It booked ₹247 cr of revenue in its latest half year (H2 FY26) and kept 6.0% of sales as profit.

66out of 100
Equitytale Health Score
Solid

Healthier than 66% of listed companies we score, on the 5 of 6 measures we could read for it. Each measure is ranked against the 2,387–2,932 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)
46

At close. Not part of the score.

Profitability & returns71

How much profit it earns on the money it employs

Balance sheet79

How much it owes, and whether earnings cover the interest

Cash quality10

Whether reported profit actually arrives as cash

Valuation70

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
A mixed picture
Strengths
✓ Makes a profit
✓ Promoters hold 73%
✓ No promoter shares pledged
✓ Strong 23% return on equity
Watch-outs
! Thin 6.0% net margin

What if I invest in PUSHPA?

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 We do not publish price targets or predict returns.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 half year + price
₹115▲ +0.88%
latest close · 2026-11-04
52-wk low ₹9372 sessions so far52-wk high ₹130
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 ratio8.3Low
LowAverageHigh
P/B ratio2.14Moderate
Below bookModerateHigh
EV / EBITDA6.9Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity22.8%Strong
WeakFairStrong ▸15%
Return on capital24.4%Strong
WeakFairStrong
Net margin6.0%Decent
ThinDecentStrong
EBITDA margin8.4%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.14Comfortable
LowModerateHigh ▸1
Interest cover35.3×Strong
RiskyOkayStrong ▸5×
Current ratio22.69Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹279 cr
Book value
₹54
EPS
₹6.89
latest half year
Net debt
₹11 cr
owes more than its cash
Enterprise value
₹290 cr
EBITDA
₹42 cr
annualised
EBIT
₹42 cr
annualised
Operating margin
8.4%
Return on assets
16.7%
Earnings yield
11.98%
P/S
0.56
Sales / share
₹204.3
Tax rate
26.8%
Face value
₹10
Shares
2.4 cr
Working capital
₹141 cr
Current assets
₹148 cr
Current liabilities
₹7 cr
Delivery %
22.0%
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 half year; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the exchange filings
not investment advice
Hard to value confidentlyLow confidence
Too few reliable models — the filings don't support two independent estimates of value.
Models span ₹85–₹85, midpoint ₹85

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 · H2 FY26 (consolidated)
Revenue from Operations₹247 cr
Other Income₹32.4 L
Total Income₹248 cr
Cost of Materials₹218 cr
Purchases of Stock-in-Trade₹0 cr
Inventory Change (±)₹10.2 L
Employee Benefit Expense₹4 cr
Finance Costs₹59.2 L
Other Expenses₹3 cr
Total Expenses₹226 cr
Profit before Tax₹20 cr
Tax Expense₹5 cr
Net Profit₹15 cr
Net margin on total income6.0%
Where the money goes · H2 FY26
% of total income
Materials + stock-in-trade₹218 cr88.5%
Employee benefit expense₹4 cr1.5%
Finance costs₹59.2 L0.2%
Other expenses₹4 cr1.6%
Tax expense₹5 cr2.2%
Profit for the period₹15 cr6.0%
Total income ₹248 cradds up to ₹100 ✓
Half-yearly results · consolidated (₹ cr)
MetricH1 FY26H2 FY26
Revenue171 cr247 cr
Total income172 cr248 cr
Expenses157 cr226 cr
Profit before tax15 cr20 cr
Tax4 cr5 cr
Net profit (owners' share)11 cr15 cr
Net margin (owners' share, on revenue)6.5%6.0%
EPS (₹)4.556.89
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹178 cr
Shareholder equity
₹130 cr
parent shareholders
Total debt
₹18 cr
Cash
₹7 cr
Who owns it · 2026-09-30
No pledge
Promoter
72.8%
FII / Foreign
1.2%
DII / Domestic
1.3%
Retail / others
24.8%
Promoter stake up 0.5% over the last 5 quarters.
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 · 25 Sep 2026
See the official result
1
To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and the Auditors thereon.
Backed by 100% of shareholders other than promotersneeded 50%
5.85 L votes for, 2,000 against
2
To re-appoint Mr. Anupam Tibrewal (DIN: 02269542) as a Director of the company, liable to retire by rotation
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
5.82 L votes for, 5,000 against
3
To appoint Mr. Mohit Dujari (DIN: 09118650) as Independent Director
Backed by 99% of shareholders other than promotersneeded 50%
5.82 L votes for, 5,000 against
4
To approve revision in remuneration of Mr. Anupam Tibrewal (DIN: 02269542), Managing Director of the company
Promoters had a personal stake in this
Backed by 99% of shareholders other than promotersneeded 50%
5.80 L votes for, 7,000 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 — 24 named members
owning 72.8% between them · as of 2026-09-30
MRIDUL TIBREWAL45.45%
ANUPAM TIBREWAL27.30%
AARAV TIBREWALno shares
AARUSH TIBREWALno shares
ANJANA DEVIno shares
AVYAAN TIBREWALno shares
BADRI PRASAD BEDIAno shares
GOPAL KEDIAno 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.

₹99 cr raised in Jun 2025 by selling shares to the public

The company has not broken this money down into purposes in its filing for Sep 2025, so there is nothing to measure it against yet. Brickwork Ratings watches the spending on the exchange’s behalf.

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.