Operating Leverage Inflection
Expected: Q3 FY26HIGH confidence
What: PAT Growth: 66.48% QoQ
Impact: 34.8% YoY PAT increase
Radhika Jeweltech Ltd: Stock Analysis & Fundamentals
Data from 2w agoRadhika Jeweltech Ltd (Diamond, Gems & Jewellery) — fundamental analysis, earnings data, and key metrics. PE: 9.7. ROE: 20.5%. This stock is not currently in the Nifty 500 momentum outperformers list.
Radhika Jeweltech Ltd Key Facts
What's Happening
💪Debt reduced 16% YoY — balance sheet strengthening
👔Promoter stake down 6.0% this quarter
Earnings Acceleration Triggers
1. Operating Leverage Inflection
Q3 FY26HIGH
2. Interest Cost Reduction Deleveraging
Q3 FY26LOW
Key Risks
1. Volatility in gold prices impacting margins and investor sentiment
MEDIUM2. Ongoing income tax appeals regarding assessment year 2017-18
LOWSector-Specific Signals
Net Profit Margin14.35%29.9%
Debt to Equity Ratio0.10
Return on Capital Employed24.3%
Interest to Operating Revenue1%
Key Numbers
Current Price
₹64
Market Cap
758 Cr
Valuation
N/AWhy Are Radhika Jeweltech Ltd's Earnings Accelerating?
Based on Q3 FY26 (web) earnings • Updated Apr 18, 2026
Interest Cost Reduction Deleveraging
Expected: Q3 FY26LOW confidence
What: Interest Cost: ₹0.56 Cr
Impact: 25% QoQ reduction
What Are the Key Risks for Radhika Jeweltech Ltd?
Earnings deceleration risks from management commentary
Volatility in gold prices impacting margins and investor sentiment
MEDIUMTrigger: Volatility in gold prices impacting margins and investor sentiment.
Management view: Not Given
Monitor: commodity
Ongoing income tax appeals regarding assessment year 2017-18
LOWTrigger: Ongoing income tax appeals regarding assessment year 2017-18.
Management view: Contesting additions made under section 68 of the Income Tax Act.
Monitor: litigation
What Did Radhika Jeweltech Ltd Report This Quarter?
Headline numbers from the latest earnings call
Revenue
₹213.59 Cr
YoY +3.65%QoQ +60.53%
Revenue hit an all-time high driven by festive and wedding season demand, though YoY growth was modest.
EBITDA
₹41.78 Cr
Margin 19.56%
Operating profit reached a record high alongside sales, maintaining a margin of 19.56%.
PAT
₹30.64 Cr
YoY +34.8%QoQ +66.48%
Net profit growth outpaced revenue growth due to lower interest costs and a normalized tax rate.
Other Highlights
• Interest costs declined to ₹0.56 crores from ₹0.75 crores quarter-on-quarter.
• Tax rate normalized to 25.25% in Q3 FY26 from 26.02% in the previous quarter.
• 9M FY26 cumulative net profit reached ₹67.26 crores compared to ₹46.40 crores in 9M FY25.
What Sector Metrics Matter for Radhika Jeweltech Ltd?
Sub-sector-specific signals from the latest concall — each with management's stated reason for the change
Net Profit Margin
14.35%
YoY 29.9%QoQ 3.84%
Why: Margin volatility highlights the seasonal nature of the jewellery business and the impact of gold price fluctuations.
Debt to Equity Ratio
0.10
Why: Not explained in source
Return on Capital Employed
24.3%
Why: Reflects efficient utilisation of capital and operational effectiveness.
Interest to Operating Revenue
1%
Why: Not explained in source
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Apr 18, 2026.
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Frequently Asked Questions: Radhika Jeweltech Ltd
Based on publicly available financial data. This is educational research, not investment advice.
What were Radhika Jeweltech Ltd's latest quarterly results?
Radhika Jeweltech Ltd's latest quarterly results (Dec 2025) show
- PAT Growth YoY: +34.8%
- Revenue Growth YoY: +3.9%
- Operating Margin: 20.0%
What is Radhika Jeweltech Ltd's current PE ratio?
Radhika Jeweltech Ltd's current PE ratio is 9.7x.
- Current PE: 9.7x
- Market Cap: 758 Cr
What is Radhika Jeweltech Ltd's price-to-book ratio?
Radhika Jeweltech Ltd's price-to-book ratio is 2.4x.
- Price-to-Book (P/B): 2.4x
- Book Value per Share: ₹27
- Current Price: ₹64
Is Radhika Jeweltech Ltd a fundamentally strong company?
Radhika Jeweltech Ltd's fundamental strength based on key financial ratios
- Return on Capital (ROCE): 26.0%
Is Radhika Jeweltech Ltd debt free?
Radhika Jeweltech Ltd has a debt-to-equity ratio of N/A.
- Total Debt: ₹43 Cr
What is Radhika Jeweltech Ltd's return on equity (ROE) and ROCE?
Radhika Jeweltech Ltd's return ratios over recent years
- FY2023: ROCE 18.0%
- FY2024: ROCE 25.0%
- FY2025: ROCE 26.0%
Is Radhika Jeweltech Ltd's cash flow positive?
Radhika Jeweltech Ltd's operating cash flow is positive (FY2025).
- Cash from Operations (CFO): ₹17 Cr
- Free Cash Flow (FCF): ₹15 Cr
- CFO/PAT Ratio: 28% (weak cash conversion)
What is Radhika Jeweltech Ltd's dividend yield?
Radhika Jeweltech Ltd currently does not pay a significant dividend (yield 0.00%).
- Dividend Yield: 0.00%
- Current Price: ₹64
Who holds Radhika Jeweltech Ltd shares — promoters, FII, DII?
Radhika Jeweltech Ltd's shareholding pattern (Mar 2026)
- Promoters: 57.7%
- FII (Foreign): 0.1%
- Public: 42.2%
Is promoter holding increasing or decreasing in Radhika Jeweltech Ltd?
Radhika Jeweltech Ltd's promoter holding has remained stable recently.
- Current Promoter Holding: 57.7% (Mar 2026)
- Previous Quarter: 57.7% (Dec 2025)
- Change: 0.00% (stable)
Is Radhika Jeweltech Ltd a new momentum entry or an established outperformer?
Radhika Jeweltech Ltd is an established outperformer with 1 weeks of consecutive Nifty 500 outperformance.
What are the growth catalysts for Radhika Jeweltech Ltd?
Radhika Jeweltech Ltd has 2 key growth catalysts identified from recent earnings analysis
- Operating Leverage Inflection — Significant sequential profit growth on a modest YoY revenue increase indicates high operating leverage.
- Interest Cost Reduction Deleveraging — Lower interest costs directly improved the bottom line, though the absolute amount is small.
What are the key risks in Radhika Jeweltech Ltd?
Radhika Jeweltech Ltd has 2 key risks worth monitoring
- [MEDIUM] Volatility in gold prices impacting margins and investor sentiment — Volatility in gold prices impacting margins and investor sentiment.
- [LOW] Ongoing income tax appeals regarding assessment year 2017-18 — Ongoing income tax appeals regarding assessment year 2017-18.
What is Radhika Jeweltech Ltd's management guidance for growth?
Radhika Jeweltech Ltd's management has provided the following forward guidance
- Revenue outlook: Not Given
- Margin outlook: Not Given
What sector-specific metrics matter most for Radhika Jeweltech Ltd?
Radhika Jeweltech Ltd's most important sub-sector-specific KPIs from the latest concall
- Net Profit Margin: 14.35% (YoY 29.9%) (QoQ 3.84%) — Margin volatility highlights the seasonal nature of the jewellery business and the impact of gold price fluctuations.
- Debt to Equity Ratio: 0.10 — Not explained in source
- Return on Capital Employed: 24.3% — Reflects efficient utilisation of capital and operational effectiveness.
- Interest to Operating Revenue: 1% — Not explained in source
Is Radhika Jeweltech Ltd worth studying for long term investment?
Based on quantitative research signals, here is why Radhika Jeweltech Ltd may be worth studying
- Cash flow is positive — CFO ₹17 Cr
What is the investment thesis for Radhika Jeweltech Ltd?
Radhika Jeweltech Ltd investment thesis summary:
Research Signals (Bull Case)
- Growth catalyst: Operating Leverage Inflection
Risk Factors (Bear Case)
- Key risk: Volatility in gold prices impacting margins and investor sentiment
What is the future outlook for Radhika Jeweltech Ltd?
Radhika Jeweltech Ltd's forward outlook based on current data signals
- Key Catalyst: Operating Leverage Inflection
- Key Risk: Volatility in gold prices impacting margins and investor sentiment
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.