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Kenvi Jewels Limited (KENVI) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹270M

KJ Kenvi Jewels Limited KENVI · BSE
Price₹2.14
Fair Value₹1.19
Upside-44.4%
Quality45/100
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Evidence: High Range ₹0.8600 – ₹1.68

Fair value as of: Jul 5, 2026

From 15 valuation models · updated today

Share price −4.5% over the past month.

Price vs Fair Value (12 months)

₹3.33 ₹1.77 Fair Value ₹1.19 Jul 2025 Jul 2026

12‑month range ₹1.77 – ₹3.33 · fair‑value band ₹0.8600 – ₹1.68 · the ₹2.14 price screens above the ₹1.19 fair value. As of Jul 5, 2026.

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Analysis

Kenvi Jewels Limited (KENVI) currently trades at ₹2.14, while our model-based Fair Value estimate is ₹1.19 — implying the stock looks roughly 44.4% overvalued today. We read business quality at 45/100 (below-average quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Kenvi Jewels Limited generated revenue of ₹1.8B at a net margin of 0.5%. Revenue declined 10.4% year over year. It earns a return on equity of 5.5%. Net debt stands at ₹127M. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹0.8600 (bear case) to ₹1.68 (bull case); at ₹2.14, the current price sits above that range. The share trades about 41% below its 52-week high and 30% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -37% fair-value upside — at -44%, KENVI screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹1.8B
Revenue growth (YoY) -10.4%
Net margin 0.5%
Return on equity 5.5%
Free cash flow −₹12.0M FY2026
P/E ratio 30.6
More key figures
Operating margin 0.4%
EPS (TTM) ₹0.0700
EPS growth (YoY) +200%
Net debt ₹127M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Kenvi Jewels Limited engages in the designing, manufacturing, retailing, wholesaling, and trading of jewelries under the Suvarnakrupa brand in India. The company offers wedding and festive jewelry, rings, chains, earrings, ear chains, nose-rings/nose pins, waist belts, mangalsutras, anklets, zudas, toe rings, pendant sets/pendants, bracelets, and bangles; and lucky, pendal sets, dokiyas, brooches, bajubandhs, cufflinks, kadas, watches, and mix ornaments. It also sells its products online. Kenvi Jewels Limited was incorporated in 2013 and is based in Ahmedabad, India.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Kenvi Jewels Limited reported revenue of ₹1.8B in FY2026 versus ₹668M in FY2022, a compound +27.9%/yr. Reported net income was ₹8.5M in FY2026, compounding +20.2%/yr from FY2022.

Revenue +27.9%/yr
FY22 ₹668M
FY23 ₹883M
FY24 ₹1.2B
FY25 ₹1.6B
FY26 ₹1.8B
Net income +20.2%/yr
FY22 ₹4.1M
FY23 ₹5.4M
FY24 ₹6.6M
FY25 ₹7.5M
FY26 ₹8.5M

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Cite: Fair Value Calculator (2026). "Kenvi Jewels Limited Fair Value". https://www.fairvalue-calculator.com/stock/KENVI

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Frequently asked questions

Is Kenvi Jewels Limited (KENVI) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹1.19 versus a price of ₹2.14 — about −44% (overvalued). Model-based estimate, not financial advice.
What is the fair value of KENVI?
Our model-based fair value for Kenvi Jewels Limited is ₹1.19 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹2.14.
What is the quality score of KENVI?
Kenvi Jewels Limited has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Kenvi Jewels Limited (KENVI)?
Kenvi Jewels Limited reported trailing-twelve-month revenue of about ₹1.8B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of KENVI?
The net profit margin of Kenvi Jewels Limited is about 0.5%, meaning it keeps roughly 0.5% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.