Holani Consultants Pvt.Ltd.
Established in 2019, Advit Jewels is a Jaipur-based designer and manufacturer of premium handcrafted jewellery, operating under the established brand name “Rambhajo.” The company specializes in traditional and contemporary pieces, including Kundan, Polki, diamond, and studded ornaments. Its diverse product portfolio features necklaces, rings, and customized items crafted in 14K and 18K gold. Strategically, the business follows a dual-channel distribution model but relies heavily on its B2B network, which contributed 81.63% of FY 2025 revenues by supplying pan-India retailers and showrooms. The remaining 18.37% is generated via its bespoke B2C segment.
Operationally, Advit Jewels utilizes a centralized 6,450 sq. ft. manufacturing facility in Jaipur. The unit blends traditional craftsmanship with modern technology, such as 3D printing, to manage production entirely in-house. This integrated approach ensures strict quality control and enables a 25-to-30-day turnaround time for high-value orders. It has a PAN India presence with revenue generated from various states including Maharashtra, Haryana, Gujarat, Delhi, Punjab, Rajasthan, West Bengal, Uttar Pradesh, and Telangana.
For the year/period ended (Rs. in Cr.)
| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Total Revenue | 124.94 | 69.45 | 46.60 |
| Profit After Tax | 25.37 | 14.71 | 10.39 |
| EPS | 7.92 | 4.60 | 3.25 |
| EBITDA Margin (%) | 29.73 | 27.29 | 27.41 |
| PAT Margin (%) | 20.30 | 21.18 | 22.29 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY25 |
Net Profits(Cr.) FY25 |
|---|---|---|---|---|---|---|
| Advit Jewels Limited | 632.18* | 138 | 7.60 | 18.64 | 124.94 | 25.37 |
| Bluestone Jewellery and Lifestyle Limited | 8037 | 527 | 4.45 | 542 | 1770 | (222) |
| RBZ Jewellers Limited | 552 | 138 | 1.84 | 10.1 | 530 | 39 |
| Radhika Jeweltech Ltd | 689 | 58.4 | 1.72 | 9.23 | 588 | 60 |
*Market cap @upper band
The Company ADVIT JEWELS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 138, the stock is valued at 18.64 P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.