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Company Profile
Founded in 2016, Deepa Jewellers Ltd. is an Indian jewellery company specializing in the retail and wholesale trade of gold and diamond pieces. The business focuses on sourcing, crafting, and delivering traditional and modern ornaments, ranging from everyday items like rings and earrings to traditional regional wear such as waist belts, armlets, and hair accessories. Emphasizing product quality, clear pricing, and customer satisfaction, the company sells through physical retail outlets and wholesale channels.
To reach broader markets and showcase its offerings to remote clients, the company launched a dedicated mobile application in 2021 featuring high-resolution images of its collection. By mid-2026, the firm had built a portfolio covering 16 product lines and 110 unique design styles. Its distribution footprint extends across 13 states and 1 union territory in India, serving a client base of 373 B2B customers, including 47 retail chains and 326 independent jewellery stores.
For the year/period ended (Rs. in Cr.)
| FY26 | FY25 | FY24 | |
|---|---|---|---|
| Total Revenue | 1927.73 | 1400.10 | 1025.73 |
| Profit After Tax | 104.79 | 40.58 | 24.35 |
| EPS | 12.78 | 4.95 | 2.97 |
| EBITDA Margin (%) | 7.60 | 4.01 | 3.49 |
| PAT Margin (%) | 5.44 | 2.90 | 2.37 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY26 |
Net Profits(Cr.) FY26 |
|---|---|---|---|---|---|---|
| Deepa Jewellers Ltd | 1701.40* | 177 | 6.09 | 13.84 | 1927.73 | 104.79 |
| Sky Gold and Diamonds Limited | 12455 | 804 | 10.4 | 37.1 | 6295 | 282 |
| Shanti Gold International Limited | 1880 | 245 | 3.12 | 10.1 | 2019 | 140 |
| Shringar House of Mangalsutra Limited | 2107 | 218 | 3.12 | 17.4 | 2246 | 115 |
| RBZ Jewellers Limited | 606 | 151 | 2.00 | 10.7 | 636 | 55 |
*Market cap @upper band
The Company DEEPA JEWELLERS LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO Rs. 177, the stock is valued at 13.84 times of P/E multiple. Hence, well-informed investors subscribe for medium to long term perspective.