Top 10 Gold company in India

Here, we’ve spoken about the Indian gold company and how it did this year, according to the revenue and ranking it was granted.

According to the World Gold Council, Indian gold jewellery demand doubled in 2021, surpassing pre-pandemic levels to reach a six-year high of 611 tonnes as opposed to the 446.4 tonnes registered in CY 2020.

The Indian jewellery retail market is anticipated to reach a value of $91 billion by FY25, up from an estimated $57 billion in FY22.

India is the second-largest gold consumer in the world, and 70% of its gold consumption is in the form of jewellery. Additionally, the Indian jewellery business can be separated into two categories: fine jewellery and costume jewellery, with fine jewellery making up 95% of the market.

Best Gold Company:

10. U.H.Zaveri Limited

• Founded: 1999
• Headoffice: Ahmedabad, Gujarat
• Listed in Exchange: BSE(541338)
• Industries: Gems, Jewellery and Watches
• Brand

U.H.Zaveri formally known as UHZL, has engaged its activities into two divisions they are Jewelry wholesale, retail, and the other division is jewellery trade.

UH Zaveri design:

The company’s jewellery is outsourced because the company doesn’t produce its own jewellery in-house. However, the jewellery we sell was either created in-house, by a 3-D jewellery designer, by outside designers, or it was bought ready to wear directly from manufacturers.

Financial Information:

• Revenue from operations: 15,93,86,959
• Profit before tax: 56,34,027
• Profit of the year: 52,34,027

The ratio for U.H.

• Current Ratio: 26.67
• Inventory Turnover Ratio: 1.76
• Trade Receivable Turnover Ratio: 6.44
• Return on Equity: 3.83%
• Net Profit Ratio: 3.28%

9. SM Gold Ltd

• Founded: 2017
• Headoffice: Ahmedabad
• Listed in Exchange: BSE(542034)
• Industries: Gems, Jewellery and Watches
• Brand: SM Gold

SM Gold Ltd is Formally known as SMGL, they are engaged in the gold manufacturer and wholesale distribution of mangalsutra jewelry A small portion of the firm also deals with other jewellery, such as rings, chains, earrings, and mangalsutra jewellery.

SM Gold design

SM Gold employees make much of the traditional-style jewellery themselves. the in-house design team creates mangalsutras and other jewellery in Indo-western, modern, and traditional styles. They also buy designs straight from other jewellery makers.

In addition to creating our own jewellery, They also hire people to create our mangalsutra and other pieces of jewellery.

SM Gold Raw material:

The gold bar from Ahmedabad’s local marketplaces and bullion market. The local markets in Ahmedabad and Jaipur are where black pearls and other raw materials are purchased.

SM Gold BSE Performance:

SM Gold ltd is trading on BSE(542034) platform since 2017, the company 52 weeks low is 31 and 52 week high is 359.

Market capitalization: 20.02 Cr

Promoter hold: 58% shares

SM Gold Financial Performance:

• Revenue from operation: 52,68,30,659
• Profit before tax: 1,88,18,696
• Profit of the year: 1,68,18,696

The ratio for SM Gold:

• Current Ratio: 2.36
• Inventory Turnover Ratio: 2.41
• Trade Receivable Turnover Ratio: 447.38
• Return on Equity: 11.11%
• Net Profit Ratio: 3.29%
• Return on Capital Employed: 9.27%
• Debt Equity Ratio: 0.59
• Debt Service Coverage Ratio: 6.42

8. Kenvi Jewels Limited

• Founded: 2013
• Headoffice: Ahmedabad, Gujarat
• Listed in Exchange: BSE(540953)
• Brand: Suvarnakrupa
• Industries: Gems, Jewellery, and Watches

Kenvi Jewels Limited formally known as KJL, they are gold manufacturer and sales are KJL’s main line of business. In addition, we deal in gold jewellery wholesale and trading. Suvarnkrupa Ornaments Private Limited was the company’s initial name when it was incorporated on June 24, 2013.

KJL Desing:

KJL manufacturing facility is located near Manek Chowk, and all jewellery is designed in-house. In addition, KJL occasionally commissions outside designers to create their jewellery. KJL offers diamond, precious stone, and semiprecious stone-studded gold jewellery.

KJL has their own showroom at Odhav, Ahmedabad.

KJL Financial Performance:

• Revenue from operation: 66,85,42,592
• Profit before tax: 54,81,663
• Profit of the year: 40,81,663

KJL Ratio:

• Current Ratio: 10.98
• Inventory Turnover Ratio: 6.30
• Net Working Capital Turnover Ratio: 5.21
• Return on Equity: 3.11%
• Net Profit Ratio: 0.61%
• Debt Equity Ratio: 0.03%
• Debt Service Coverage Ratio: 4.09%

7. Ashapuri Gold Ornament Limited

• Founded:
• Headoffice: Ahmedabad, Gujarat
• Listed in Exchange: BSE(542579)
• Brand: Ashapuri
• Industries: Gems, Jewellery, and Watches
• Market capitalization: 144.99Cr

Ashapuri Gold Ornament is a reputable and well-known distributor of gold jewellery, the newly established primary market for purchasing gold and diamond jewellery, and they have been in the jewellery wholesale trade business since March 2019.

Ashapuri Design:

Ashapuri has either developed our own products in-house or hired outside designers to do so on our behalf. The jewellery is then made on a job-by-job basis.

Due to its own manufacturing facility, the company has met the exacting standards set by a well-known retail brand’s jewellery showroom.

By establishing its own Branch Offices, the company effectively expanded over the fiscal year in Mumbai, New Delhi, and Bangalore.

Ashapuri Gold Ornaments Financial Information:

• Revenue from operation: 16396.22 Lakhs
• Profit before tax: 410.69 Lakhs
• Profit of the year: 307.00 Lakhs

Ratio for Ashapuri

• Debtors Turnover: 12.28
• Inventory Turnover: 3.73
• Interest Coverage: 46.96
• Current Ratio: 11.51
• Debt Equity Ratio: 0.05
• Operating Profit Margin: 3.26%
• Net Profit Margin: 1.87%
• Return on Networth: 5.23

6. PC Jeweller Limited

• Founded:
• Headoffice: Delhi
• Listed in Exchange: NSE(PCJEWELLER), BSE(534809)
• Brand: PC Jeweller
• Industries: Gems, Jewellery, and Watches
• Market Capitalization: 3,35,788.91 Lakhs

In India’s organised jewellery retail market, PC Jewelery is one of the top jewellery manufacturers. In addition to selling silver goods, it trades, manufactures, and sells jewellery that is set with precious stones, diamonds, and gold.

Due to its in-house design team and manufacturing capabilities, PC Jeweller is able to produce a variety of new jewellery goods in order to meet the changing needs of its customers and attracts a steady stream of new clients.

In addition to having 4 manufacturing facilities in India, PC Jewelery has 82 showrooms overall, including 11 franchise showrooms.

Subsidiaries:

PC Universal Private Limited: It operates a manufacturing facility in the Noida Special Economic Zone, where it manufactures and exports gold jewellery (U.P.). It experienced a net loss of 5.11 crore during the year under review.

Transforming Retail Private Limited: Online retail trading of diamond and gold jewellery is what Transforming Retail does. Its operating revenue for the year under review was 126.22 crore and it made a net profit of 0.40 crore.

Luxury Products Trendsetter Private Limited: It has a production facility in Sitapura, Jaipur, and is involved in the manufacturing, job-working, and trading of jewellery (Rajasthan). Its operating revenue for the year under review was 12.13 crore and its net profit was 3.98 crore.

PCJ Gems & Jewellery Limited: To engage in the manufacturing and trading of any types of jewellery. However, it did not start conducting business during the reviewed year and suffered a net loss of 0.02 crore.

PC Jeweller Global DMCC: This company, which trades in jewellery, was established in Dubai (UAE).
Its operating revenue for the year under review was 0.95 crore and it suffered a net loss of 6.31 crore.

PC Jeweller Financial information:

• Revenue from operation: 1,574.05 Cr
• Profit before tax: (508.15) Cr
• Profit of the year: (389.60) Cr

PC Jeweller for ratio:

• Current Ratio: 1.96
• Debt Equity Ratio: 0.85
• Debtors Turnover: 1.19
• Inventory Turnover: 0.28
• Interest Coverage Ratio: (0.16)
• Operating Profit Margin: (4.50)
• Net Profit Margin: (24.75)
• Return on Net Worth: (10.03)

5. Tribhovandas Bhimji Zaveri Limited

• Founded: 1864
• Headoffice: Mumbai
• Listed in Exchange: NSE(TBZ), BSE(534369)
• Brand: TBZ
• Industries: Gems, Jewellery, and Watches
• Market capitalization: 51,682.87 Lakhs

Tribhovandas Bhimji Zaveri Limited formally known as TBZ and One of the top manufacturer of jewellery in India.

Modern machinery and cutting-edge technology are used in the manufacturing plant in Kandivali, Mumbai, to produce a wide variety of lightweight and traditional jewellery.

Our competitive advantage is further enhanced by the in-house manufacturing of diamond jewellery, which enables us to reduce costs and introduce new designs at high pricing.

TBZ has been able to reach out to a larger consumer base and enjoy greater appeal among Indian homes by presence throughout 25 cities and 12 states.

TBZ branded itself by introducing the first time in the market are Promote the idea of delicate, expensive jewellery. Lifelong buybacks on gold and diamond jewellery are available. deliver diamond solitaires that are certified. introduce 22-carat gold jewellery that is 100% BIS marked.

TBZ Finanacial Information:

• Sales: 1,84,367.96 Lakhs
• Revenue from operation: 1,84,383.95 Lakhs
• Profit before tax: 2,287.58 Lakhs
• Profit of the year: 1,711.12 lakhs

The Ratio of TBZ

• Interest Coverage Ratio:1.64
• Current Ratio: 1.49
• Debt Equity Ratio: 0.95
• Operating Profit Margin: 3.17%
• Net Profit Margin: 0.93%
• Return on Net Worth: 3.20%
• Debtor Turnover Ratio: 735.84

4. Thangamayil Jewellery Limited

• Founded: 2000
• Headoffice: Madurai, Tamilnadu
• Listed in Exchange:NSE(THANGAMAYL), BSE(533158)
• Brand: Thangamayil
• Industries: Gems, Jewellery, and Watches
• Market capitalization: 1,48,583.07 Lakhs

Thangamayil Jewellery Limited formally known as TMJL, is one of India’s businesses with the quickest growth, in jewellery Manufacturer in India. Additionally, the amount of gold jewellery sold grew from 3,433 kg to 4,054 kg, representing a 15% rise.

TMJl has its own manufacturing facilities in Madura, and Salem The utilisation of in-house manufacturing facilities, including on-job activity, is around 92%, down from 96% in previous years. The company has improved 52nd branches in this years.

TMJL Financial Information:

• Sales: 2,19,307
• Revenue from operation: 2,19,307 Lakhs
• Profit before tax: 5,203 Lakhs
• Profit of the year: 3,854 Lakhs

The ratio for TMJL:

• Operating Profit Margin: 9.01
• Net Debt to Equity: 1.74
• Current Ratio: 1.72
• Net Worth Per Share: 236.34
• Earning Per Share: 28.09
• P/E Ratio:38.80

3. Kalyan Jewellers India Limited

• Founded: 1993
• Headoffice: Thrissur, Kerala
• Listed in Exchange: NSE(KALYANKJIL), BSE(543278)
• Brand: Kalyan
• Industries: Gems Jewellery And Watches
• Market Capitalization: 12,27,823.24 Lakhs

One of the top jewellery manufacturers in India and overseas, Kalyan has 154 showrooms. The business specialises in jewellery made of precious stones, diamonds, and gold. Earrings, bangles, bracelets, chains, pendants, rings, and other accessories are among the many things they provide.

The high-quality goods produced by Kalyan Jewellers, which are created by expert artisans using only the finest materials, are renowned for their excellence. The company adheres to strong quality control procedures, and all of its goods are accredited by reputable laboratories like the International Gemological Institute (IGI) and the Gemological Institute of America (GIA).

Subsidiaries of Kalyan:

• Enovate Lifestyles Private Limited
• Kalyan Jewellers FZE, UAE
• Kalyan Jewellers, INC., USA
• Kalyan Jewellers LLC, UAE
• Kenouz Al Sharq Gold Ind. LLC,
• Kalyan Jewellers LLC, Oman;
• Kalyan Jewellers For Golden Jewellery Company, W.L.L.,Kuwait
• Kalyan Jewellers LLC, Qatar
• Kalyan Jewellers Bahrain .L.L,Bahrain.

Kalyan Financial information:

• Revenue from operation: 1,08,179 Million
• Profit before tax: 2,989 Million
• Profit of the year: 2,240 Million

Ratio of Kalyan

• Inventory turnover: 1.64
• Interest coverage ratio: 2.53
• Current ratio: 1.32
• Net debt to equity ratio: 0.82
• Return on equity: 7.5%
• Return of capital employed: 15.5%

2. Titan Company Limited

• Founded:1984
• Headoffice: Bangalore
• Brand: Titan, Sonata, Fastrack, FAVRE LEUBA, XYLYS, NEBULA, RAGA, SF, TITAN WORLD, HELIOS
• Industry: Gems Jewellery And Watches
• Listed in Exchange:NSE(TITAN), BSE(500114)
• Market Capitalisation: ₹2,25,156 crore

Titan Watches Limited was the original name of the joint venture between the Tata Group and Tamil Nadu Industrial Development Corporation (TIDCO) that would later become known as Titan Company Limited is popularly known as Titan.

Titan Jewellery Segment:

Titan Premium Brand is Tanishq, it is India’s largest jewelry retailer. the brand is a representation of purity, fashion, and design.

Zoya Brand is a high-end company that sells magnificent jewellery made of precious stones and diamonds.

Modern jewellery is available from Mia by Tanishq, and CaratLane is an omnichannel company with reasonably priced modern jewellery.

Utilizing these brand titans serves various client needs and demographics.

Store Titan Jewellery’s retail footprint now has 582 stores after that added 78 new ones. Over the following few years, Titan has the hope to increase that to 700.

Hosur, Pantnagar, and Sikkim are the manufacturing plants for the manufacturing and assembly of the Jewellery Sorting office.

Jewellery Financial achievements in FY22:

• Revenue: ₹ 23,268 crore
• EBIT: ₹ 3,040 crore
• EBIT Margin: 13.1%

Titan Financial Parameter:

• Revenue from Operation: 28,799 Cr
• Profit before tax: 2,904Cr
• Profit of the year: 2,198Cr

Ratio

• Return on Net Worth: 26%
• Interest Coverage Ratio: 1049
• Current Ratio: 2
• Debt Equity Ratio: 0.2
• Net Profit Margin: 8%

1. Rajesh Exports Limited

• Founded: 1988
• Headoffice: Bengaluru
• Listed in Exchange:NSE(RAJESHEXPO), BSE(531500)
• Brand: SHUBH Jewellers
• Industries: Gems Jewellery And Watches
• Market capitalization:

Rajesh Exports Limited formally known as REL is a gold manufacturer and trader of gold and silver products, including jewellery, bars, and coins.

The company is one of the largest manufacturers and exporters of gold products in the world and has a presence in over 30 countries.

The company’s manufacturing facility is one of the largest in the world, with a capacity of over 800 tons of gold per annum. REL’s products are known for their high quality and craftsmanship, and the company follows strict quality control measures to ensure that all its products meet the highest standards.

REL Financial Information:

• Revenue from operation: 24,312,793.66 Lakhs
• Profit before tax: 103,832.79 Lakhs
• Profit of the year: 100,918.25 Lakhs

Ratio for REL

• Current Ratio: 1.5159
• Debt Equity Ratio: 0.91
• Return On Equity: 0.0045
• Net Capital Turnover Ratio: 2.6574
• Net Profit Ratio: 0.0037

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