This is a numbers-first look at PC Jeweller (PCJEWELLER), covering income trends, margins, valuation, and shareholding.
PC Jeweller Revenue Trend
Year-over-year, PC Jeweller grew revenue by 235.1% — from ₹670 Cr in FY2024 to ₹2,245 Cr in FY2025.
The long-term trend is clearly negative: PC Jeweller's revenue contracted at 9.9% annually over 10 years, from ₹6,361 Cr to ₹2,245 Cr.
PC Jeweller is a mid-sized gems jewellery and watches company by revenue, with a top line of ₹2,245 Cr.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹2,245 Cr | +235.1% |
| FY2024 | ₹670 Cr | -74.6% |
| FY2023 | ₹2,636 Cr | +58.9% |
| FY2022 | ₹1,659 Cr | -41.3% |
| FY2021 | ₹2,826 Cr | — |
View PC Jeweller's full 10-year revenue trend with CAGR analysis →
PC Jeweller Profitability
At ₹0.66 per share (diluted), FY2025 earnings were up year-over-year from ₹-1.35.
Is PC Jeweller Undervalued
The P/E Ratio valuation pegs PC Jeweller's fair value at ₹11, which is 23.9% upside from the current price.
PC Jeweller shares are currently trading at ₹9.11.
Craytheon also calculates intrinsic value using the EPS Growth model. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹11 | 23.9% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
See all valuation models for PC Jeweller with detailed assumptions →
PC Jeweller Shareholding Pattern
Promoter holding increased from 40.1% to 40.7%, signalling growing confidence from the management group.
The FII stake is at 10.4% as of March 2026, compared to 4.9% in the year-ago period.
As of March 2026, DIIs own 5.4% of the company — down from 9.1% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 40.7% | 10.4% | 5.4% | 43.5% |
| Dec 2025 | 37.2% | 6.3% | 7.1% | 49.4% |
| Sep 2025 | 37.6% | 6.5% | 8.2% | 47.7% |
| Jun 2025 | 40.1% | 4.9% | 9.1% | 45.9% |
Track quarterly shareholding changes for PC Jeweller →
PC Jeweller Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹84.12B (up 15.7% YoY from ₹72.69B).
Top categories: Inventories (79.0%), Other Assets (15.8%), Receivables (4.2%).
Of the ₹84.12B in liabilities and equity, 73.6% is shareholder equity, 25.6% is interest-bearing debt, and 0.8% is operating liabilities. Over the year, debt is down 48.2% and equity is up 111.3%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 621.90M |
| Receivables | 3.51B |
| Inventories | 66.49B |
| Property, Plant & Equipment | 223.30M |
| Investments | 100,000 |
| Intangibles & Goodwill | 5.60M |
| Other Assets | 13.27B |
| Category | Value |
|---|---|
| Equity | 61.93B |
| Short-term Debt | 20.88B |
| Long-term Debt | 629.90M |
| Trade Payables | 137.70M |
| Other Liabilities | 546.40M |
PC Jeweller — The Bottom Line
To sum up PC Jeweller's financial position: the data paints a clear picture for investors evaluating this gems jewellery and watches stock.
Revenue of ₹2,245 Cr in FY2025, up 235.1% year-over-year.
Long-term revenue has been contracting at 9.9% annually over 10 years.
The company is profitable, with a net margin of 25.7% and net income of ₹578 Cr.
The P/E Ratio model implies 23.9% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Craytheon's full analysis of PC Jeweller goes deeper: three valuation models, growth metrics, and 10 years of financial data.