📝 Manoj Vaibhav Gems N Jewellers Limited — results explained
Quarter ended June 2026 (Q1 FY27)
Manoj Vaibhav Gems N Jewellers Limited reported revenue of ₹714 crore for the quarter ended June 2026 (Q1 FY27), up 30.0% from ₹549 crore in the same quarter last year, and down 5.3% sequentially over the March 2026 quarter.
Net profit rose 31.3% year-on-year to ₹28 crore, from ₹21 crore. Earnings per share (EPS) came in at ₹5.64.
Operating profit stood at ₹45 crore — an operating margin (OPM) of 6.3%, compared with 6.7% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Manoj Vaibhav Gems N Jewellers Limited posted revenue of ₹2,744 crore, a growth of 15.1% over FY25, with a net profit of ₹115 crore (up 14.1% year-on-year).
On a trailing-twelve-month (TTM) basis, revenue stands at ₹2,909 crore with a net profit of ₹122 crore.
Valuation snapshot
At the current price of ₹225.27, MVGJL has a market capitalisation of ₹1,100 crore and a trailing P/E of about 9.1.
Within the Diamond Cutting / Jewellery industry, it is the 12th-largest of the 17 companies we track by market value.
Shareholding pattern
As of Sep 2026, promoters held 74.27%, foreign institutional investors (FIIs) 0.51%, domestic institutional investors (DIIs) 0.20%, public shareholders 25.01% of Manoj Vaibhav Gems N Jewellers Limited.