# Radhika Jeweltech share price today (Radhika Jeweltech Ltd, NSE: RADHIKAJWE)

> Radhika Jeweltech share price today: ₹61.87 at the NSE close on 3 November 2026, down 26.1% in a year. Radhika Jeweltech (NSE: RADHIKAJWE) is worth ₹729 crore, trades at a P/E of 9.2 and has closed between ₹53.78 and ₹88.94 over the past 52 weeks. > Radhika Jeweltech Ltd's earnings have grown faster than its share price. Earnings per share grew +24.6% in a year while the price moved −26.1%. RADHIKAJWE · Diamond, Gems & Jewellery · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/radhika-jeweltech-ltd

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## Key numbers

- Business trend: Growing steadily, from the last 12 quarters
- Price: ₹61.87 (−26.1% in a year)
- P/E: 9.2× (lower than 62% of the last 9.6 years)
- Revenue (Jun 2026): ₹153 Cr (+54.5% on a year ago)
- Profit (Jun 2026): ₹23.0 Cr (+27.8% on a year ago)
- Operating margin: 20.0% (−6.0 points on a year ago)
- ROCE: 25%, FY26
- ROIC: 17.7%, against a 12.0% cost of capital: +5.7 points

The main question: profits are rising, but only −12% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Radhika Jeweltech share price today? Radhika Jeweltech Ltd's share price was ₹61.87 at the close on 3 November 2026. It has been rising for 8 weeks. That is 10.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹54 and ₹89, and at that close it sat 23% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 3 weeks running. Over the last 10 years the share price moved +339% while the NIFTY 500 moved +189%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 16 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Radhika Jeweltech this quarter? Two changes stood out: revenue up on a year earlier for 8 quarters in a row and operating margin down 6 points on a year earlier. 1. Revenue up on a year earlier for 8 quarters in a row In the June 2026 quarter revenue was ₹153 crore, +54.5% on a year earlier. 2. Operating margin down 6 points on a year earlier 20% in the June 2026 quarter, from 26%. ## What are Radhika Jeweltech's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Radhika Jeweltech reported revenue of ₹153 crore, up 54.5% from ₹99.0 crore a year earlier, and a profit of ₹23.0 crore, up 27.8% from ₹18.0 crore. ### Radhika Jeweltech results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹153 crore | ₹99.0 crore | +54.5% |
| Profit | ₹23.0 crore | ₹18.0 crore | +27.8% |
| Earnings per share | ₹1.94 | ₹1.54 | +26.0% |
| Operating margin | 20.0% | 26.0% | −6.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Radhika Jeweltech share price history? Radhika Jeweltech closed at ₹61.87 on 3 November 2026, down 26.1% from ₹83.74 a year earlier (31 October 2025) and up 246.6% over five years. Its highest weekly close since September 2016 was ₹142.80 on 27 September 2024. ### Radhika Jeweltech share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹58.18 | +6.3% |
| 1 month ago · 1 Oct 2026 | ₹68.96 | −10.3% |
| 6 months ago · 30 Apr 2026 | ₹64.39 | −3.9% |
| 1 year ago · 31 Oct 2025 | ₹83.74 | −26.1% |
| 3 years ago · 3 Nov 2023 | ₹51.62 | +19.9% |
| 5 years ago · 4 Nov 2021 | ₹17.85 | +246.6% |
| 10 years ago · 3 Nov 2016 | ₹7.18 | +761.7% |
| Earliest weekly close in our records · 30 Sep 2016 | ₹14.10 | +338.8% |
| Highest weekly close since September 2016 · 27 Sep 2024 | ₹142.80 | −56.7% |
| Lowest weekly close since September 2016 · 31 Mar 2017 | ₹2.39 | +2,488.7% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹88.94 | −30.4% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹53.78 | +15.0% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (521 weekly closes from 30 September 2016 to 3 November 2026.)

## What is the latest news on Radhika Jeweltech? 3 Nov 2026: Radhika Jeweltech closed at ₹61.87, up 6.3% on the week and down 10.3% on the month. Results for April to June 2026: Revenue up 54.5% and profit up 27.8% on a year earlier. ## What dividend does Radhika Jeweltech pay? Radhika Jeweltech paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹0.20 a share, ex-date 23 September 2024. ### Radhika Jeweltech dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 23 Sep 2024 | ₹0.20 | Dividend | n/a |
| 13 Sep 2022 | ₹1 | Interim | 14 Sep 2022 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 2 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Radhika Jeweltech Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 3 of its last 12 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Radhika Jeweltech on? Radhika Jeweltech is on 2 of our India lists: Penny stocks and Gold & silver stocks. - [Penny stocks Earnings growth, 12 months (%): 26.93](https://www.sectoralpha.in/penny-stocks-india)
- [Gold & silver stocks Group on the list: Jewellery makers and shops](https://www.sectoralpha.in/gold-stocks-india)

## Is Radhika Jeweltech profitable? Radhika Jeweltech Ltd earned ₹23.0 Cr of net profit in the Jun 2026 quarter, +27.8% on the same quarter a year earlier. Full-year FY26 profit was ₹75.0 Cr. Over 10 years profit has grown 38.0% a year on average. That is 15.0% of the quarter's revenue. The same quarter a year earlier earned ₹18.0 Cr. For the full year, FY26 profit was ₹75.0 Cr (+25.0% on the year before). Why profit moved: revenue changed +54.5% on a year earlier and the margin moved −6.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +24.7% and revenue +20.7%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Radhika Jeweltech make, and is it growing? Radhika Jeweltech Ltd reported ₹153 Cr of revenue in the Jun 2026 quarter, +54.5% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 10 years it has grown 16.7% a year on average. The last full year, FY26, came in at ₹639 Cr. The last four reported quarters add to ₹693 Cr. FY26 revenue was ₹639 Cr, +8.7% on the year before. Recent pace: the last four quarters grew +20.7% on average, against 16.7% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +16.9%, against +14.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +27.0%, against +27.8% a year (stabilising). ## How much of every ₹100 of sales does Radhika Jeweltech keep? Radhika Jeweltech Ltd's operating margin was 20.0% in the Jun 2026 quarter, 6.0 percentage points lower than the same quarter a year ago. Across 12 years it has been between 7.0% and 17.0%. The latest quarter is above every full year in that period. Why the margin moved: operating margin changed −5.4 percentage points on the year while gross margin changed −5.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Radhika Jeweltech's profit turning into cash? Over the last 3 years Radhika Jeweltech Ltd's operations used more cash than they brought in, so cash conversion was −12%, a gap worth watching. In FY26 its operations used ₹13.0 Cr of cash, against ₹75.0 Cr of profit. After ₹1.0 Cr of spending on assets, free cash was −₹14.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why −12% of profit came in as cash: the cash cycle got 148 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Radhika Jeweltech's cash go? Radhika Jeweltech Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 328 days in FY26, down from 476 days in FY21. It spent ₹1.0 Cr on assets over the last 3 years. Customers take 1 days to pay, and stock sits for 339 days on average. At FY26 sales of ₹639 Cr, each day of that cycle ties up about ₹1.8 Cr, so roughly ₹574 Cr is tied up in the business at any time. FY26: customers took 1 days to pay and stock sat for 339 days, about 11.2 months of sales sitting as stock, for a full cycle of 328 days, shorter than FY21's 476. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 339 days. Customers pay about 1 days after that. Suppliers are paid at 11 days. Together that makes the 328-day cycle. Spending on assets: ₹1.0 Cr over the last 3 years, against ₹6.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Radhika Jeweltech's P/E ratio, and how does it compare with its own history? Radhika Jeweltech Ltd's P/E is 9.2×, in the middle of its own history: higher than 38% of past readings. Its usual P/E (the middle reading) is 11.2×, over 9.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +24.6% while the price moved −26.1%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +28.2% a year; about +19.6% a year came from earnings growth and about +8.6 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Radhika Jeweltech business getting better or worse? Radhika Jeweltech Ltd's business is growing steadily. Revenue, profit and EPS growth have stayed positive throughout, and ROCE is steady at 29.8%. This is based on 12 quarters of 4 measures. Why it matters: steady growth with healthy returns is how a business compounds over time. ## How much does Radhika Jeweltech earn on its capital? Radhika Jeweltech Ltd earned a ROCE of 25% in FY26. That is up from a low of 8% in FY17. Its return on capital used (ROIC) is 5.7 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 11.7% net margin and 1.33× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 11.7% net margin × 1.33× asset turnover × 1.21× leverage (assets divided by equity) ≈ 18.8% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 17.7% − 12.0% = +5.7 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. A gap this wide means each rupee put back into the business creates more than a rupee of value. The 17.7% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 18.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Radhika Jeweltech have too much debt? Radhika Jeweltech Ltd has total debt of ₹58.0 Cr against shareholder equity of ₹398 Cr as of Jun 2026, so its debt is 0.15× its equity, which is very little. Year by year, that ratio went from 0.12 in FY22 to 0.15 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Radhika Jeweltech shareholding pattern? Promoters cut their stake in Radhika Jeweltech Ltd by 6.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 57.7% of the company. Foreign institutions moved +0.0 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Why the owners changed: promoters drove it (−6.0 points). They reduced their stake. ## How far is Radhika Jeweltech from balance-sheet trouble? For Radhika Jeweltech Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Radhika Jeweltech rank in its industry? 45.6 out of 100, rank 19 of 28 in Diamond, Gems & Jewellery, with 96% of the evidence available. Radhika Jeweltech Ltd scores 45.6 out of 100 against the 28 companies it is compared with in Diamond, Gems & Jewellery, ranking 19. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 11.6 + 16.5 + 14.8 + 2.7 = 45.6. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Radhika Jeweltech compared with? Radhika Jeweltech ranks 19 of 28 Diamond, Gems & Jewellery companies on the 4-Factor Sector Score, with 45.6 out of 100. 1. [D.P. Abhushan Ltd](https://www.sectoralpha.in/stocks/dp-abhushan-ltd) DPABHUSHAN · leader · Most evidence points up · 96% evidence 72.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.5/35 · Revenue 30.8% · Profit 94.3% · Operating margin change 1 points · 88% evidence Capital efficiency 18.9/25 · ROCE 39.6% · Operating margin 11% · 100% evidence Valuation 12.1/20 · P/E 18.5× · PEG 0.74 · 100% evidence Relative strength 17.3/20 · Lead over its industry 14.3% · Lead over NIFTY 500 53.2% · 1 year 37.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 24.5 + 18.9 + 12.1 + 17.3 = 72.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Sky Gold & Diamonds Ltd](https://www.sectoralpha.in/stocks/sky-gold-diamonds-ltd) SKYGOLD · leader · Most evidence points up · 100% evidence 71.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.1/35 · Revenue 73.1% · Profit 100% · Operating margin change 1 points · 100% evidence Capital efficiency 18.8/25 · ROCE 26.9% · Operating margin 8% · 100% evidence Valuation 6.9/20 · P/E 34.1× · PEG 1.71 · 100% evidence Relative strength 16.3/20 · Lead over its industry 36.4% · Lead over NIFTY 500 76.3% · 1 year 147.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 29.1 + 18.8 + 6.9 + 16.3 = 71.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [PNGS Reva Diamond Jewellery Limited](https://www.sectoralpha.in/stocks/pngs-reva-diamond-jewellery-limited) PNGSREVA · breaking out · Most evidence points up · 63% evidence 70.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 39.2/43.75 · Revenue 100% · Profit 100% · Operating margin change 5 points · 100% evidence Capital efficiency 19.0/31.25 · ROCE 22% · Operating margin 24% · 100% evidence Valuation 12.2/25 · P/E 20.8× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 39.2 + 19 + 12.2 = 70.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: There is no relative-strength reading for this week, so the score is built from earnings, capital efficiency and valuation alone. 4. [Shanti Gold International Ltd](https://www.sectoralpha.in/stocks/shanti-gold-international-ltd) SHANTIGOLD · breaking out · Most evidence points up · 71% evidence 67.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.1/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 83% evidence Capital efficiency 18.5/25 · ROCE 33.9% · Operating margin 10% · 76% evidence Valuation 10.9/20 · P/E 12.2× · PEG n/a · 15% evidence Relative strength 15.3/20 · Lead over its industry 1.1% · Lead over NIFTY 500 35% · 1 year 24% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.1 + 18.5 + 10.9 + 15.3 = 67.8 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 5. [Tribhovandas Bhimji Zaveri Ltd](https://www.sectoralpha.in/stocks/tribhovandas-bhimji-zaveri-ltd) TBZ · leader · Most evidence points up · 100% evidence 67.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/35 · Revenue 24.1% · Profit 100% · Operating margin change -2 points · 100% evidence Capital efficiency 15.2/25 · ROCE 21.9% · Operating margin 7% · 100% evidence Valuation 10.9/20 · P/E 20.6× · PEG 0.72 · 100% evidence Relative strength 19.5/20 · Lead over its industry 100.6% · Lead over NIFTY 500 148.9% · 1 year 237.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 21.6 + 15.2 + 10.9 + 19.5 = 67.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Khazanchi Jewellers Ltd](https://www.sectoralpha.in/stocks/khazanchi-jewellers-ltd) KHAZANCHI · breaking out · Most evidence points up · 71% evidence 66.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.5/35 · Revenue 24.4% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 16.3/25 · ROCE 34.8% · Operating margin 7% · 100% evidence Valuation 13.4/20 · P/E 17.5× · PEG n/a · 50% evidence Relative strength 10.6/20 · Lead over its industry n/a · Lead over NIFTY 500 6.8% · 1 year 7.3% · 25% evidence · 5 of 5 weeks ahead Exact sum: 26.5 + 16.3 + 13.4 + 10.6 = 66.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [PC Jeweller Ltd](https://www.sectoralpha.in/stocks/pc-jeweller-ltd) PCJEWELLER · breaking out · Evidence leans up · 100% evidence 62.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.9/35 · Revenue 29.3% · Profit 45.7% · Operating margin change 7 points · 100% evidence Capital efficiency 10.3/25 · ROCE 9.6% · Operating margin 29% · 100% evidence Valuation 13.2/20 · P/E 16.9× · PEG 0.32 · 100% evidence Relative strength 18.2/20 · Lead over its industry 14.7% · Lead over NIFTY 500 54.2% · 1 year 33.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 20.9 + 10.3 + 13.2 + 18.2 = 62.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [RBZ Jewellers Ltd](https://www.sectoralpha.in/stocks/rbz-jewellers-ltd) RBZJEWEL · breaking out · Evidence leans up · 96% evidence 61.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 30.3% · Profit 54% · Operating margin change -2.3 points · 88% evidence Capital efficiency 14.6/25 · ROCE 22% · Operating margin 14.8% · 100% evidence Valuation 16.4/20 · P/E 12.2× · PEG 0.23 · 100% evidence Relative strength 12.0/20 · Lead over its industry -8.2% · Lead over NIFTY 500 24.1% · 1 year 16.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.7 + 14.6 + 16.4 + 12 = 61.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Titan Company Ltd](https://www.sectoralpha.in/stocks/titan-company-ltd) TITAN · losing its lead · Evidence leans up · 96% evidence 56.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 45% · Profit 55.1% · Operating margin change 3 points · 88% evidence Capital efficiency 14.1/25 · ROCE 20.5% · Operating margin 14% · 100% evidence Valuation 9.8/20 · P/E 67.5× · PEG 1.43 · 100% evidence Relative strength 6.9/20 · Lead over its industry -21.5% · Lead over NIFTY 500 7.2% · 1 year 18.8% · 100% evidence · 8 of 12 weeks ahead Exact sum: 26 + 14.1 + 9.8 + 6.9 = 56.8 · What this means: Earnings are strong; relative strength in its sector is -21.5% and the one-year return is 18.8%. 10. [Thangamayil Jewellery Ltd](https://www.sectoralpha.in/stocks/thangamayil-jewellery-ltd) THANGAMAYL · quiet · Evidence leans up · 96% evidence 56.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.8/35 · Revenue 83.2% · Profit 100% · Operating margin change -1 points · 88% evidence Capital efficiency 14.7/25 · ROCE 25.5% · Operating margin 5% · 100% evidence Valuation 9.5/20 · P/E 35.3× · PEG 0.78 · 100% evidence Relative strength 6.4/20 · Lead over its industry -20.4% · Lead over NIFTY 500 7% · 1 year 105.3% · 100% evidence · 3 of 12 weeks ahead Exact sum: 25.8 + 14.7 + 9.5 + 6.4 = 56.4 · What this means: Earnings are strong; relative strength in its sector is -20.4% and the one-year return is 105.3%. 11. [Senco Gold Ltd](https://www.sectoralpha.in/stocks/senco-gold-ltd) SENCO · quiet · Evidence leans up · 96% evidence 53.0 out of 100 Growth Capital Valuation Relative
12. [Shringar House of Mangalsutra Ltd](https://www.sectoralpha.in/stocks/shringar-house-of-mangalsutra-ltd) SHRINGARMS · breaking out · Evidence leans up · 73% evidence 52.1 out of 100 Growth Capital Valuation Relative
13. [P N Gadgil Jewellers Ltd](https://www.sectoralpha.in/stocks/p-n-gadgil-jewellers-ltd) PNGJL · quiet · Evidence leans up · 93% evidence 52.0 out of 100 Growth Capital Valuation Relative
14. [Kalyan Jewellers India Ltd](https://www.sectoralpha.in/stocks/kalyan-jewellers-india-ltd) KALYANKJIL · losing its lead · Evidence leans down · 96% evidence 49.8 out of 100 Growth Capital Valuation Relative
15. [PNGS Gargi Fashion Jewellery Ltd](https://www.sectoralpha.in/stocks/pngs-gargi-fashion-jewellery-ltd) basing · Evidence leans down · 72% evidence 48.0 out of 100 Growth Capital Valuation Relative
16. [Motisons Jewellers Ltd](https://www.sectoralpha.in/stocks/motisons-jewellers-ltd) MOTISONS · breaking out · Evidence leans down · 96% evidence 47.9 out of 100 Growth Capital Valuation Relative
17. [Bluestone Jewellery & Lifestyle Ltd](https://www.sectoralpha.in/stocks/bluestone-jewellery-lifestyle-ltd) BLUESTONE · losing its lead · Too little evidence to rank firmly · 59% evidence 46.9 out of 100 Growth Capital Valuation Relative
18. [Manoj Vaibhav Gems N Jewellers Ltd](https://www.sectoralpha.in/stocks/manoj-vaibhav-gems-n-jewellers-ltd) MVGJL · losing its lead · Evidence leans down · 96% evidence 45.8 out of 100 Growth Capital Valuation Relative
19. Radhika Jeweltech Ltd this page RADHIKAJWE · quiet · Evidence leans down · 96% evidence 45.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.6/35 · Revenue 16.9% · Profit 27% · Operating margin change -6 points · 88% evidence Capital efficiency 16.5/25 · ROCE 25% · Operating margin 20% · 100% evidence Valuation 14.8/20 · P/E 8.6× · PEG 0.36 · 100% evidence Relative strength 2.7/20 · Lead over its industry -34.7% · Lead over NIFTY 500 -10.1% · 1 year -30.9% · 100% evidence · 10 of 12 weeks ahead Exact sum: 11.6 + 16.5 + 14.8 + 2.7 = 45.6 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 20. [Vaibhav Global Ltd](https://www.sectoralpha.in/stocks/vaibhav-global-ltd) VAIBHAVGBL · quiet · Evidence leans down · 100% evidence 43.7 out of 100 Growth Capital Valuation Relative
21. [SJ Corporation Ltd](https://www.sectoralpha.in/stocks/sj-corporation-ltd) breaking out · Too little evidence to rank firmly · 57% evidence 42.4 out of 100 Growth Capital Valuation Relative
22. [Rajesh Exports Ltd](https://www.sectoralpha.in/stocks/rajesh-exports-ltd) RAJESHEXPO · quiet · Evidence leans down · 88% evidence 36.7 out of 100 Growth Capital Valuation Relative
23. [Asian Star Company Ltd](https://www.sectoralpha.in/stocks/asian-star-company-ltd) ASTAR · turning · Most evidence points down · 78% evidence 28.4 out of 100 Growth Capital Valuation Relative
24. [Utssav CZ Gold Jewels Ltd](https://www.sectoralpha.in/stocks/utssav-cz-gold-jewels-ltd) UTSSAV · leader · Too little evidence to rank firmly · 47% evidence 63.6 out of 100 Growth Capital Valuation Relative
25. Uday Jewellery Industries Ltd Too little evidence to rank firmly · 47% evidence 62.1 out of 100 Growth Capital Valuation Relative
26. [Advit Jewels Ltd](https://www.sectoralpha.in/stocks/advit-jewels-ltd) RAMBHAJO · turning · Too little evidence to rank firmly · 45% evidence 58.9 out of 100 Growth Capital Valuation Relative
27. [Grover Jewells Ltd](https://www.sectoralpha.in/stocks/grover-jewells-ltd) GJL · Too little evidence to rank firmly · 34% evidence 52.9 out of 100 Growth Capital Valuation Relative
28. [Golkunda Diamonds & Jewellery Ltd](https://www.sectoralpha.in/stocks/golkunda-diamonds-jewellery-ltd) Too little evidence to rank firmly · 43% evidence 45.8 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Diamond, Gems & Jewellery](https://www.sectoralpha.in/sectors/diamond-gems-jewellery), all 28 compared on one page. ## Which companies are close to Radhika Jeweltech in size? Radhika Jeweltech is the 24th largest of 27 Diamond, Gems & Jewellery companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: SJ Corporation, Manoj Vaibhav Gems N Jewellers and RBZ Jewellers. Just below it: Grover Jewells, PNGS Gargi Fashion Jewellery and Golkunda Diamonds & Jewellery. ### Diamond, Gems & Jewellery companies close in size

1. [SJ Corporation Ltd](https://www.sectoralpha.in/stocks/sj-corporation-ltd) ₹845 crore
2. [Manoj Vaibhav Gems N Jewellers Ltd](https://www.sectoralpha.in/stocks/manoj-vaibhav-gems-n-jewellers-ltd) ₹799 crore
3. [RBZ Jewellers Ltd](https://www.sectoralpha.in/stocks/rbz-jewellers-ltd) ₹690 crore
4. Radhika Jeweltech Ltd ₹686 crore
5. [Grover Jewells Ltd](https://www.sectoralpha.in/stocks/grover-jewells-ltd) ₹540 crore
6. [PNGS Gargi Fashion Jewellery Ltd](https://www.sectoralpha.in/stocks/pngs-gargi-fashion-jewellery-ltd) ₹527 crore
7. [Golkunda Diamonds & Jewellery Ltd](https://www.sectoralpha.in/stocks/golkunda-diamonds-jewellery-ltd) ₹195 crore

[All 27 Diamond, Gems & Jewellery companies, largest first](https://www.sectoralpha.in/sectors/diamond-gems-jewellery#all-companies)

### Companies close in size in other industries

1. [Yogi Ltd](https://www.sectoralpha.in/stocks/yogi-ltd) ₹688 crore · Trading
2. [Visaka Industries Ltd](https://www.sectoralpha.in/stocks/visaka-industries-ltd) ₹687 crore · Cement Products
3. Radhika Jeweltech Ltd ₹686 crore
4. [Salasar Techno Engineering Ltd](https://www.sectoralpha.in/stocks/salasar-techno-engineering-ltd) ₹685 crore · Steel Products
5. [Himatsingka Seide Ltd](https://www.sectoralpha.in/stocks/himatsingka-seide-ltd) ₹684 crore · Textiles - Home Textile

## What else do people ask about Radhika Jeweltech? ### What is Radhika Jeweltech's share price today? Radhika Jeweltech Ltd's share price is ₹61.87, −26.1% over the past year. The whole company is worth ₹729 Cr on the market. In the last 52 weeks it traded between ₹54 to ₹89; today it is 23% of the way up from the low, 10.1% below its 200-day average (as of 3 November 2026). ### What were Radhika Jeweltech's latest quarterly results? Radhika Jeweltech Ltd reported revenue of ₹153 Cr and net profit of ₹23.0 Cr for the Jun 2026 quarter. Revenue rose 54.5% and profit rose 27.8% compared with a year earlier. Earnings per share were ₹1.94. The operating margin was 20.0%, 6.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Radhika Jeweltech's market cap? Radhika Jeweltech Ltd's market capitalisation is ₹729 Cr at a share price of ₹61.87. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Radhika Jeweltech performing? Radhika Jeweltech Ltd's share price has been rising for 8 weeks. In its latest quarter, revenue rose 54.5% and profit rose 27.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 3 weeks running (as of 3 November 2026). ### Will Radhika Jeweltech's share price go up? This page does not forecast Radhika Jeweltech Ltd's share price. What it shows instead: the share price is ₹61.87, and it has been rising for 8 weeks. Its P/E of 9.2× is higher than 38% of its own last 10 years (as of 3 November 2026). ### Who owns Radhika Jeweltech? Promoters own 57.7% of Radhika Jeweltech Ltd, foreign institutions 0.0%, domestic institutions 0.0% and the public 42.3% (latest quarter). The biggest change over the last two years: Promoters cut their stake by 6.0 percentage points over 8 quarters (as of 3 November 2026). ### Where is Radhika Jeweltech in its business cycle? Radhika Jeweltech Ltd's FY26 operating margin was 16.0%, against a 12-year range of 7.0% to 17.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 20.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Radhika Jeweltech story? The main question: profits are rising, but only −12% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Radhika Jeweltech a stock worth studying right now? What the numbers show: Radhika Jeweltech Ltd's earnings have grown faster than its share price. Earnings per share grew +24.6% in a year while the price moved −26.1%. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

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