Veerkrupa Jewellers Ltd (VEERKRUPA) fair value: what the stock is really worth
As of Oct 5, 2026: fair value of Veerkrupa Jewellers Ltd ₹0.37, price ₹0.45, upside -17.8%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 3, 2026.
How to read this chart
51‑month range ₹0.4500 – ₹8.42 · fair‑value band ₹0.2400 – ₹0.5600 · the ₹0.4500 price screens above the ₹0.3700 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 3, 2026.
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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.
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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.
Stock analysis
Veerkrupa Jewellers Ltd (VEERKRUPA) currently trades at ₹0.4500, while our model-based Fair Value estimate is ₹0.3700, 17.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of ₹0.7800 per share, and 9 of the 23 models we run sit above the ₹0.4500 price.
Bear case: the Economic Profit group reads lowest at ₹0.0700, and 14 of the 23 models stay below the price. Evidence for this calculation is low.
Scenario range: ₹0.2400 (bear) to ₹0.5600 (bull), the price of ₹0.4500 sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 61/100 (solid quality), in the Consumer Cyclical sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
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. FY2022 was a trough year, so the rate overstates the trend.
Key figures
Market cap ₹59.0M (≈ $612K) · P/E ratio 45.0 · P/S ratio 0.13 · EPS (TTM) ₹0.0100 · Net margin 0.3% · Return on equity 1.2% · Return on assets (EBIT) 0.8% · Operating margin 0.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 52% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 9% fair-value upside, at −18%, VEERKRUPA screens richer than that median.
Fair Value models
Bear ₹0.2400Fair Value ₹0.3700Bull ₹0.5600
Price ₹0.4500 · Upside -17.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (₹0.0052 per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+102.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+46.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+66.6%
Start year 2021 (pandemic)
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in INR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+75.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+75.9%
Dividend (yield on the price)0.0%
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.0% → 0%
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+29.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about +24.4% a year for the price.
Compare Veerkrupa Jewellers Ltd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Luxury Goods · 124 stocks
Beats the industry median on 4/12 measures
Overall it trails its industry peers.
Valuation
Quality Score61 · Above median
Fair Value upside−17.8% · Below median
Profitability
Return on equity (TTM)1.2% · Bottom 25%
Return on assets0.3% · Bottom 25%
Net margin (TTM)0.3% · Bottom 25%
Operating margin (TTM)0.2% · Bottom 25%
Growth and dividend
Revenue growth66.1% · Top 25%
Valuation Multiplesvs Luxury Goods median · lower = cheaper
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Is Veerkrupa Jewellers Ltd (VEERKRUPA) overvalued or undervalued?
As of Oct 3, 2026, our model estimates a fair value of ₹0.3700 versus a price of ₹0.4500, about −18% upside (overvalued).
What is the fair value of VEERKRUPA?
Our model-based fair value for Veerkrupa Jewellers Ltd is ₹0.3700 (as of Oct 3, 2026), built from audited fundamentals. The current price: ₹0.4500.
What is the quality score of VEERKRUPA?
Veerkrupa Jewellers Ltd has a Quality Score of 61/100. 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 price target for Veerkrupa Jewellers Ltd (VEERKRUPA)?
Our model-based price target is the fair value of ₹0.3700 (as of Oct 3, 2026) from 23 valuation models. Cautious scenario ₹0.2400, optimistic scenario ₹0.5600. It is a calculation from audited fundamentals, not an analyst target.
What is the Veerkrupa Jewellers Ltd stock forecast for 2026?
Our models put fair value at ₹0.3700, about −18% upside versus a price of ₹0.4500 (overvalued). Cautious scenario ₹0.2400, optimistic scenario ₹0.5600. The calculation is refreshed regularly with new filings.
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 Oct 3, 2026).
What growth is priced into Veerkrupa Jewellers Ltd (VEERKRUPA)?
For today's price to be fair in a discounted-cash-flow model, Veerkrupa Jewellers Ltd would have to grow free cash flow by +29.6 % per year for five years (discount rate 12.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +66.6 % per year. As of Oct 3, 2026.
What discount rate (WACC) does the fair value of VEERKRUPA use?
Our models discount Veerkrupa Jewellers Ltd at 12.4 %: a base by market capitalisation (nano), country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Veerkrupa Jewellers Ltd that is +29.6 % per year a year over ten years, using the same discount rate (12.4 %) and the same formula as our fair value.
How much growth has Veerkrupa Jewellers Ltd (VEERKRUPA) delivered so far?
Over the past 5 years revenue at Veerkrupa Jewellers Ltd grew +66.6 % a year. The price currently implies +29.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Veerkrupa Jewellers Ltd (VEERKRUPA) growing?
The median revenue growth in the sector is +7.6 % a year. That is the yardstick for the growth priced into Veerkrupa Jewellers Ltd (+29.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Veerkrupa Jewellers Ltd (VEERKRUPA)?
The free-cash-flow yield on the price is 5.74 %: that much free cash flow Veerkrupa Jewellers Ltd produces per unit of market value. When it exceeds the discount rate of our models (12.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Veerkrupa Jewellers Ltd (VEERKRUPA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Veerkrupa Jewellers Ltd it is ₹0.3700 per share (as of Oct 3, 2026), against a price of ₹0.4500. It is the blended result of 23 valuation models (cash flow, earnings, asset, dividend).
Is Veerkrupa Jewellers Ltd stock overvalued or undervalued in 2026?
As of Oct 3, 2026, VEERKRUPA trades above its calculated fair value: price ₹0.4500, fair value ₹0.3700, a gap of about −18% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of VEERKRUPA?
No. The price is what the market pays today (₹0.4500); the fair value is what the company's own numbers justify (₹0.3700). For Veerkrupa Jewellers Ltd the two are ₹0.0800 per share apart. That gap is exactly why we show both numbers side by side.
How much is Veerkrupa Jewellers Ltd worth?
The market values Veerkrupa Jewellers Ltd at about ₹59.0M (market capitalisation, as of Oct 3, 2026). Per share that is ₹0.4500; our models calculate a fair value of ₹0.3700 per share.
What do the bullish and bearish scenarios say about VEERKRUPA?
Our models span a range for Veerkrupa Jewellers Ltd: cautious scenario ₹0.2400, base ₹0.3700, optimistic ₹0.5600 per share (as of Oct 3, 2026, price ₹0.4500). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of VEERKRUPA?
Veerkrupa Jewellers Ltd trades at a price-to-earnings ratio of 45.0 (as of Oct 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of ₹0.3700 is built from several models across several years. Other multiples: P/B 0.4, P/S 0.1, EV/EBITDA 40.6.
How solid is the balance sheet of Veerkrupa Jewellers Ltd (VEERKRUPA)?
Balance-sheet figures for Veerkrupa Jewellers Ltd (as of Oct 3, 2026): return on equity 1.2%. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is VEERKRUPA from its 52-week high?
Veerkrupa Jewellers Ltd trades at ₹0.4500, about 52% below its 52-week high of ₹0.9300 and at the low of ₹0.4500 (as of Oct 5, 2026). Distance from the high says nothing about value: that is what the fair value of ₹0.3700 is for.
Which stocks are comparable to Veerkrupa Jewellers Ltd?
From the same area (Consumer Cyclical) we also value Compagnie Financière Richemont SA, Christian Dior SE, Titan Company, Tapestry, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Veerkrupa Jewellers Ltd stock attractive at the current price?
The data as of Oct 3, 2026: price ₹0.4500, calculated fair value ₹0.3700 (−18%), Quality Score 61/100, from 23 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of VEERKRUPA calculated?
We run Veerkrupa Jewellers Ltd through 23 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of ₹0.3700, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1 % above its aggregate fair value. Veerkrupa Jewellers Ltd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Veerkrupa Jewellers Ltd (VEERKRUPA)?
The closing price on Oct 5, 2026 was ₹0.4500. Our model-based fair value is ₹0.3700, about −18% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Veerkrupa Jewellers Ltd right now?
Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (₹0.2400 to ₹0.5600) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Veerkrupa Jewellers Ltd
How large is the market capitalisation of Veerkrupa Jewellers Ltd (VEERKRUPA)?
The market capitalisation of Veerkrupa Jewellers Ltd is ₹59.0M (≈ $612K). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Veerkrupa Jewellers Ltd (VEERKRUPA)?
The price-to-sales ratio of Veerkrupa Jewellers Ltd is 0.13 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Veerkrupa Jewellers Ltd (VEERKRUPA)?
Earnings per share at Veerkrupa Jewellers Ltd are ₹0.0100 (price ÷ EPS = P/E 45.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Veerkrupa Jewellers Ltd (VEERKRUPA)?
The net margin of Veerkrupa Jewellers Ltd is 0.3% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Veerkrupa Jewellers Ltd (VEERKRUPA)?
The return on equity (ROE) of Veerkrupa Jewellers Ltd is 1.2% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Veerkrupa Jewellers Ltd (VEERKRUPA)?
On an EBIT basis the return on assets of Veerkrupa Jewellers Ltd is 0.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Veerkrupa Jewellers Ltd (VEERKRUPA)?
The operating margin of Veerkrupa Jewellers Ltd is 0.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Veerkrupa Jewellers Ltd (VEERKRUPA)?
Revenue at Veerkrupa Jewellers Ltd is growing +66.1% versus a year earlier (3y avg +46.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Veerkrupa Jewellers Ltd (VEERKRUPA)?
Earnings per share at Veerkrupa Jewellers Ltd are growing +15.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Veerkrupa Jewellers Ltd (VEERKRUPA) carry?
The net debt of Veerkrupa Jewellers Ltd is ₹75.4M (fiscal year 2026, ≈ 22.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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