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Veerkrupa Jewellers Ltd (VEERKRUPA) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹77.3M

VJ Veerkrupa Jewellers Ltd VEERKRUPA · BSE
Price₹0.4800
Fair Value₹0.2200
Upside-54.2%
Quality62/100
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Strengths

Healthy Growth
Low debt · generates free cash flow

Risks

!Trades 54% ABOVE our fair value of ₹0.2200
!Thin margins · 0.3% net margin
!Mixed vs. peers (6/13)
!Narrow moat 15/100
Healthy Growth
Thin margins · 0.3% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/13)
Narrow moat 15/100
Evidence: High Range ₹0.1600 – ₹0.2700 Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated 7 days ago

Share price −7.7% over the past month.

A solid business, but screening 54% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹0.2700). The favourable scenario is already priced in.
  • Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

₹8.42 ₹0.4700 Fair Value ₹0.2200 Jul 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

49‑month range ₹0.4700 – ₹8.42 · fair‑value band ₹0.1600 – ₹0.2700 · the ₹0.4800 price screens above the ₹0.2200 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Veerkrupa Jewellers Ltd (VEERKRUPA) currently trades at ₹0.4800, while our model-based Fair Value estimate is ₹0.2200, implying the stock looks roughly 54.2% overvalued today. The Quality Score stands at 62/100 (solid 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, Veerkrupa Jewellers Ltd generated revenue of ₹594M at a net margin of 0.3%. Revenue grew 66.1% year over year. It earns a return on equity of 1.2%. Net debt stands at ₹75.4M. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹0.1600 (bear case) to ₹0.2700 (bull case); at ₹0.4800, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -6% fair-value upside, at -54%, VEERKRUPA screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹0.3200 ₹0.4900 ₹0.7700 80
ROIC Compounder ₹0.0600 ₹0.0600 ₹0.0600 72
Growth-Adj P/E ₹0.4100 ₹0.5900 ₹0.7700 68
All 23 models by family
DCF Models
FCF DCF ₹0.3400 ₹0.4600 ₹0.8200 38
Owner Earnings ₹0.1800 ₹0.3200 ₹0.5700 31
5Y Revenue Exit ₹0.1700 ₹0.2200 ₹0.3200 39
5Y EBITDA Exit ₹0.1800 ₹0.2300 ₹0.3500 41
5Y P/E Exit ₹0.2700 ₹0.5300 ₹0.8600 38
10Y Revenue Exit ₹0.2300 ₹0.3500 ₹0.3900 36
10Y EBITDA Exit ₹0.2400 ₹0.3600 ₹0.5500 37
10Y P/E Exit ₹0.3000 ₹0.5400 ₹0.9300 35
Earnings-Based
Graham-Dodd ₹0.0900 ₹0.6000 ₹0.8500 54
Lynch FV ₹0.3100 ₹0.4400 ₹0.5800 50
PEG = 1.0 ₹0.3100 ₹0.4400 ₹0.5800 46
EPV ₹0.0600 ₹0.0600 ₹0.0600 59
Multiples
P/E Multiple ₹0.2100 ₹0.2800 ₹0.3500 63
P/S Multiple ₹0.1600 ₹0.2200 ₹0.2700 58
P/B Multiple ₹0.1600 ₹0.2200 ₹0.2700 55
EV/EBIT ₹0.0900 ₹0.1200 ₹0.1400 53
EV/EBITDA ₹0.0900 ₹0.1100 ₹0.1300 54
EV/Revenue ₹0.0700 ₹0.0900 ₹0.1100 43
Asset-Based
NCAV (Graham) ₹0.5200 ₹0.7000 ₹1.04 50
Growth DCF
Growth DCF ₹0.3200 ₹0.4900 ₹0.7700 80
Economic Profit
Residual Income ₹0.6400 ₹0.5700 ₹0.3600 61
ROIC Compounder ₹0.0600 ₹0.0600 ₹0.0600 72
Growth Earnings
Growth-Adj P/E ₹0.4100 ₹0.5900 ₹0.7700 68

Widest divergence: Asset-Based (₹0.7000) versus Economic Profit (₹0.0600). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹594M
Revenue growth (YoY) +66.1%
Net margin 0.3%
Return on equity 1.2%
Free cash flow ₹3.4M FY2026
P/E ratio 48.0
More key figures
Operating margin 0.2%
EPS (TTM) ₹0.0100
EPS growth (YoY) -37.7%
Net debt ₹75.4M FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 62/100

Of which business quality 63 · Market factors (momentum, volatility) 17

Profitability 32
Margins and returns on capital today
Quality Growth 72
Are margins and returns improving?
Cashflow 59
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Veerkrupa Jewellers Limited manufactures and sells designer, traditional, modern, and combined design jewelry products in India. It offers gold, silver, studded, and other jewelry products that include diamond, platinum, and other precious and semi-precious stones.

Full company description

Veerkrupa Jewellers Limited manufactures and sells designer, traditional, modern, and combined design jewelry products in India. It offers gold, silver, studded, and other jewelry products that include diamond, platinum, and other precious and semi-precious stones. The company's products include chains, earrings, butties, rings, ear chains, nose-rings/nose pins, mangalsutra, gold/silver bars, bracelets, necklace, bangles, etc. It sells products through its showrooms. The company was founded in 2001 and is headquartered in Ahmedabad, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Veerkrupa Jewellers Ltd reported revenue of ₹593M in FY2026 versus ₹123M in FY2022, a compound +48.3%/yr. Reported net income was ₹1.7M in FY2026, compounding +106.9%/yr from FY2022.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
₹593M
Latest YoY
+102.8%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+46.7%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+66.6%
Revenue +48.3%/yr
FY22 ₹123M
FY23 ₹188M
FY24 ₹139M
FY25 ₹293M
FY26 ₹593M
Net income +106.9%/yr
FY22 ₹90.9K
FY23 ₹411K
FY24 ₹2.4M
FY25 ₹2.0M
FY26 ₹1.7M

VEERKRUPA screens 54% overvalued. Compare with Compagnie Financière Richemont SA →

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Cite: Fair Value Calculator (2026). "Veerkrupa Jewellers Ltd Fair Value". https://www.fairvalue-calculator.com/stock/VEERKRUPA

Peer Group

Luxury Goods · 135 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 62 · Above median
Fair Value upside −54% · Below median
Return on equity (TTM) 1% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 0% · Bottom 25%
Revenue growth 66% · Top 25%

Valuation Multiples vs Luxury Goods median · lower = cheaper

P/E (TTM) 48.0× · Pricier than 75% of peers
P/B 0.57× · Cheaper than 75% of peers
P/S (TTM) 0.13× · Cheaper than 75% of peers
P/FCF 0.2× · Cheaper than 75% of peers
EV/EBITDA 54.1× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 14
FUTURE100 · sector 41
PAST5 · sector 40
HEALTH100 · sector 99
DIVIDEND0 · sector 41

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Luxury Goods stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Compagnie Financière Richemont SA CFR CHF 185.45 CHF 118.46 -36%
Christian Dior SE DIO €423.60 €1,095 +159%
Kering SA KER €270.60 €56.23 -79%
Tapestry, Inc TPR $153.74 $19.95 -87%
Chow Tai Fook Jewellery Group 1929 HK$12.31 HK$11.51 -6%
Prada S.p.A 1913 HK$42.22 HK$64.07 +52%
Pandora A/S PNDORA kr 771.40 kr 1,424 +85%
Laopu Gold Co 6181 HK$359.20 HK$544.05 +51%
Kalyan Jewellers India Limited KALYANKJIL ₹595.10 ₹252.62 -58%
Henan Liliang Diamond Co 301071 ¥60.38 ¥9.24 -85%

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Frequently asked questions

Is Veerkrupa Jewellers Ltd (VEERKRUPA) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹0.2200 versus a price of ₹0.4800, about −54% (overvalued).
What is the fair value of VEERKRUPA?
Our model-based fair value for Veerkrupa Jewellers Ltd is ₹0.2200 (as of Aug 13, 2026), built from audited fundamentals. The current price: ₹0.4800.
What is the quality score of VEERKRUPA?
Veerkrupa Jewellers Ltd has a Quality Score of 62/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Veerkrupa Jewellers Ltd (VEERKRUPA)?
Veerkrupa Jewellers Ltd reported trailing-twelve-month revenue of about ₹594M (latest available figure, as of Aug 13, 2026).
What is the net profit margin of VEERKRUPA?
The net profit margin of Veerkrupa Jewellers Ltd is about 0.3%, meaning it keeps roughly 0.3% 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.

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