---
title: "Vega Jewellers Ltd (512026) — Share Price, Financials & Analysis"
symbol: "512026"
company: "Vega Jewellers Ltd"
canonical: "https://tapetide.com/stocks/512026"
isin: "INE603D01017"
nse_symbol: "PHTRADINGLTD"
bse_code: "512026"
sector: "Commercial Services"
industry: "Trading & Distributors"
market_cap_cr: 315.2
generated_at: "2026-09-13T18:23:51.199Z"
---

# Vega Jewellers Ltd (512026)

Canonical page: https://tapetide.com/stocks/512026

## Company

- **NSE Symbol:** PHTRADINGLTD
- **BSE Code:** 512026
- **ISIN:** INE603D01017
- **Sector:** Commercial Services
- **Industry:** Trading & Distributors
- **Macro Sector:** Services
- **Stock Type:** EQUITY
- **Listed Since:** 2008-02-01
- **Face Value:** ₹10
- **F&O Eligible:** No

## About

Incorporated in 1982, Vega Jewellers Ltd is in the business of jewellery retailing.[1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:40:21.033597Z.

- **Market Cap:** ₹315.2 Cr
- **Classification:** Microcap
- **P/E (reported):** 4.9
- **EPS (TTM):** ₹10.98
- **EPS (reported):** ₹0
- **Book Value:** ₹32.26
- **Price to Book:** 1.92
- **Dividend Yield:** 0%
- **ROE:** -23.93%
- **ROCE:** -1.24%
- **Debt to Equity:** 1.7
- **Revenue (yearly):** ₹981.89 Cr
- **Net Income:** ₹44.93 Cr
- **EBITDA:** ₹87.01 Cr
- **52-Week High:** ₹62.45
- **52-Week Low:** ₹38.66
- **RSI (14):** 95.92

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 87.63% | -106.15% | -0.12% |
| ebitda margin growth | 27.21% | — | -184.51% | 206.94% |
| net income growth | 33.33% | — | -751.16% | 133% |
| revenue growth | -11.79% | — | 159.33% | 178% |
| roce | 28.48% | -100.93% | -104.55% | 47.94% |
| roe | 32.99% | -115.51% | 39.87% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 37 | 11 | 3 | 1 | 3 | 2 | 0 | 150 | 263 | 258 | 307 | 272 |
| Expenses | 36 | 18 | 3 | 1 | 3 | 2 | 0 | 141 | 243 | 230 | 277 | 233 |
| Operating Profit | 1 | -7 | 0 | 0 | 0 | 0 | 0 | 9 | 20 | 28 | 30 | 39 |
| OPM % | 2.4 | -63 | -7 | -4.1 | 0.7 | 9 | -139 | 6 | 8 | 11 | 10 | 14 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 4 | 5 | 5 | 6 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 | 2 |
| Profit before tax | 1 | -7 | 0 | 0 | 0 | 0 | 0 | 6 | 15 | 21 | 23 | 30 |
| Tax % | 23 | 0 | -150 | 0 | 0 | 0 | 10 | 33 | 30 | 30 | 29 | 27 |
| Net Profit | 1 | -7 | 0 | 0 | 0 | 0 | 0 | 4 | 11 | 15 | 17 | 22 |
| EPS in Rs | 2.21 | -30.29 | 0.08 | -1.21 | -0.96 | 0.67 | -0.92 | 0.7 | 1.77 | 2.53 | 3.06 | 3.62 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 36 | 38 | 33 | 56 | 6 | 982 | 1100 |
| Expenses | 35 | 38 | 32 | 62 | 6 | 895 | 983 |
| Operating Profit | 1 | 0 | 1 | -6 | 0 | 87 | 116 |
| OPM % | 2.2 | 1.3 | 1.8 | -11 | -1.4 | 9 | 11 |
| Other Income | 0 | 1 | 0 | 0 | 0 | 2 | 2 |
| Interest | 1 | 1 | 1 | 1 | 1 | 17 | 21 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 7 | 8 |
| Profit before tax | 0 | 0 | 0 | -7 | -1 | 65 | 89 |
| Tax % | 100 | 0 | -41 | 1 | 4 | 30 | — |
| Net Profit | 0 | 0 | 0 | -7 | -1 | 45 | 64 |
| EPS in Rs | 0 | -0.38 | -1.08 | -28.79 | -2.46 | 7.81 | 10.98 |
| Dividend Payout % | — | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.48 | 0.48 | 0.48 | 0.48 | 0.48 | 10 |
| Reserves | 2 | 2 | 2 | -5 | 2 | 154 |
| Borrowings | 10 | 9 | 8 | 10 | 0 | 278 |
| Other Liabilities | 3 | 6 | 2 | 2 | 0 | 238 |
| Total Liabilities | 15 | 18 | 13 | 8 | 3 | 680 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 53 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 4 |
| Other Assets | 15 | 17 | 12 | 7 | 3 | 622 |
| Total Assets | 15 | 18 | 13 | 8 | 3 | 680 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0 | 2 | 2 | -1 | 0 | -350 |
| Cash from Investing Activity | 0 | 0 | 0 | 0 | 0 | -29 |
| Cash from Financing Activity | 0 | -2 | -2 | 1 | 0 | 368 |
| Net Cash Flow | 0 | 0 | 0 | 0 | 0 | -10 |
| Free Cash Flow | 0 | 2 | 2 | -1 | 0 | -373 |
| CFO/OP | 0 | 463 | 344 | 12 | 138 | -402 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 146 | 154 | 116 | 34 | 1 | 1 |
| Inventory Days | 0 | 0 | 0 | 0 | 1 | 246 |
| Days Payable | — | 56 | 6 | 5 | 1 | 49 |
| Cash Conversion Cycle | 146 | 98 | 110 | 29 | 1 | 199 |
| Working Capital Days | 24 | 22 | 19 | -33 | 152 | 79 |
| ROCE % | — | 9 | 6 | -74 | -1 | — |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.3% | 74.3% | 74.3% | 74.3% | 72.68% | 72.68% | 72.68% | 70% | 69.73% | 69.73% | 71.15% | 71.15% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 20.86% | 20.86% | 20.86% | 16.55% | 20.22% | 16.01% | 20.15% | 22.25% | 22.21% | 22.21% | 18.22% | 18.06% |
| Others | 4.83% | 4.83% | 4.83% | 9.15% | 7.09% | 11.3% | 7.17% | 7.75% | 8.06% | 8.06% | 10.63% | 10.79% |
| No. of Shareholders | 36 | 37 | 38 | 38 | 48 | 145 | 114 | 167 | 158 | 164 | 160 | 171 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 6 / 6

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 61.95 | Sell |
| EMA (10) | 61.95 | Sell |
| SMA (20) | 61.95 | Sell |
| EMA (20) | 61.94 | Buy |
| SMA (50) | 61.95 | Sell |
| EMA (50) | 60.57 | Buy |
| SMA (100) | 55.99 | Buy |
| EMA (100) | 54.54 | Buy |
| SMA (200) | 37.54 | Buy |
| EMA (200) | 42.89 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 95.95 | Sell |
| MACD (12,26,9) | 0.08 | Sell |
| Stochastic (14,3,3) | 50 | Neutral |
| ADX (14) | 91.96 | Buy |
| Williams %R (14) | -50 | Neutral |
| ATR (14) | 0.01 | Low Volatility |
| ROC (12) | 0 | Neutral |
| Stoch RSI (14) | 50 | Neutral |
| UO (7,14,28) | — | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-07 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=df72a476-1532-420d-be15-aac675031bd0.pdf) |
| 2026-09-05 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 05.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2479485e-88e4-473a-8fc1-70279cd36e59.pdf) |
| 2026-09-05 | [Intimation Of Lapse & Forfeiture Of Convertible Warrants Issued Under SEBI (Issue Of Capital And Disclosure Requirements) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c8846e8b-cf10-470a-9a2d-815b681d1abf.pdf) |
| 2026-09-05 | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ec8f1493-f220-40c0-a84e-b1156176b1c4.pdf) |
| 2026-09-05 | [Notice Of The 44Th Annual General Meeting (AGM) To Be Held On September 29 2026 - Reg](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4221769a-bffb-494e-afa8-50a135c0b6e5.pdf) |
| 2026-09-05 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2a84ef7-d94c-4e62-be9c-686f740550ed.pdf) |
| 2026-09-01 | [Board Meeting Intimation for Approving Directors Report For FY 2025-26 And Notice Of 44Th AGM](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e5911503-cfbb-460d-a9cf-e1e826ae93d3.pdf) |
| 2026-08-01 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5ff21bea-3982-4fbb-80e3-2c69fd36b680.pdf) |
| 2026-07-31 | [Board Meeting Outcome for Outcome Of Board Meeting For Unaudited Financial Results For The Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8485b944-3755-4121-94ee-2c5d149dda67.pdf) |
| 2026-07-31 | [Regulation 30 Disclosure For Approval For Striking Off Of Vega Jewellers DSNR LLP (Subsidiary)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1cfdbef-4a76-4c79-96aa-6709ce932b5c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-07-31 | [Un-Audited Financial Results For The Quarter Ended 30.06.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=97e41af2-2928-4814-9f7a-5f9ca55d7a52.pdf) |
| 2026-05-13 | [Audited Financial Results For The Quarter And Year Ended 31.03.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0aded8ec-ec28-45eb-be40-90edc4d63e3a.pdf) |
| 2026-01-29 | [Submission Of The Un-Audited Financial Results And Limited Review Reports Of The Company As Per The Provisions Of Regulation 33 Of SEBI (LODR) Regulations 2015 For The Quarter And Nine Months Ended 31St December 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=32cef2cd-8838-49d3-af1a-c4796a20ddad.pdf) |
| 2025-11-06 | [Un Audited Financial Results For The Q2 30.09.2025 And Other Items](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18dffa30-2eb2-4ebc-bdbb-1d4254519435.pdf) |
| 2025-08-14 | [Un-Audited Financial Results For The Quarter Ended 30.06.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a38e1771-4b88-48e9-8bbe-a4773bc7b0df.pdf) |
| 2025-05-20 | [Financial Results For The Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17dc6251-5f88-4be4-8d5a-35d403ea95b3.pdf) |
| 2025-01-24 | [Financial Results For The Q3](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0eb7b25f-a976-4f59-8087-0939c7932244.pdf) |
| 2024-11-09 | [Q2 Results For Quarter Ended 30Th September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cacc49a9-8775-4c6b-9870-2b8482aa6cfc.pdf) |
| 2024-08-08 | [Legibe Un-Audited Financial Results For The Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=39a24b82-45bf-4cf9-86b2-9d1cfb0cc943.pdf) |
| 2024-08-07 | [Un-Audited Financial Results For The Quarter Ended 30.06.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14249058-0fd9-4255-918b-5f920b3a13c2.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 9h - Vega Jewellers says it is not a Large Corporate; FY26 borrowing nil. | [Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2 9h - Vega Jewellers says it is not a Large Corporate; FY26 borrowing nil.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/cb825c6a-4a7f-4a4c-89ad-63255f593d24.pdf) |
| 8 May - Board meets on 13 May 2026 to approve FY26 audited results and audit report. | [Board Meeting Intimation for Audited Results For The Quarter And Year Ended 31.03.2026 8 May - Board meets on 13 May 2026 to approve FY26 audited results and audit report.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/8b1f05c8-57c5-4c6c-b04b-e509ac6bc615.pdf) |
| 8 Feb - Results of the Company for the quarter and nine months ended on December 31,2025 | [Announcement under Regulation 30 (LODR)-Newspaper Publication 8 Feb - Results of the Company for the quarter and nine months ended on December 31,2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8792a8e0-f04a-4e04-a01e-fde67b6fe459.pdf) |
| 8 Apr - On 8 April 2026, EGM approved new MOA and AOA, including bonus-share related Article 39A. | [Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 8 Apr - On 8 April 2026, EGM approved new MOA and AOA, including bonus-share related Article 39A.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19ca3021-02f0-42d9-af3c-5d181bdba59a.pdf) |
| 8 Apr - EGM on 8 Apr 2026 approved MOA/AOA changes and bonus shares via securities premium capitalization. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 8 Apr - EGM on 8 Apr 2026 approved MOA/AOA changes and bonus shares via securities premium capitalization.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/37f64f47-2a82-4229-a72e-fcfa6a65105d.pdf) |
| 7h - Allotted 4:1 bonus shares; share capital rose to ₹50.88 crore after April 24 record date. | [Announcement under Regulation 30 (LODR)-Allotment 7h - Allotted 4:1 bonus shares; share capital rose to ₹50.88 crore after April 24 record date.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/976d40c5-d0b2-467f-9782-570d3c8a591a.pdf) |
| 7 Feb - Q3/9M FY26 revenue ₹5,153.9m (+25%); 9M PAT ₹278.2m (+15%); ₹250m Unit‑4 capex, 3.75MW solar. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 Feb - Q3/9M FY26 revenue ₹5,153.9m (+25%); 9M PAT ₹278.2m (+15%); ₹250m Unit‑4 capex, 3.75MW solar.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9926057f-9d35-47b4-a0fa-0c22fd42bde3.pdf) |
| 7 Feb - Investors Presentation-Compliance Under Regulation 30 of SEBI (LODR) Regulations, 2015 | [Announcement under Regulation 30 (LODR)-Investor Presentation 7 Feb - Investors Presentation-Compliance Under Regulation 30 of SEBI (LODR) Regulations, 2015](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9db3f2e7-d649-4727-b22e-8ba4bd58cc16.pdf) |
| 7 Apr - Regulation 74(5) confirmation certificate for quarter ended March 31, 2026; no dematerialisation certificates reported. | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 7 Apr - Regulation 74(5) confirmation certificate for quarter ended March 31, 2026; no dematerialisation certificates reported.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/638c5643-09cc-448d-b9b0-051fbae77fd3.pdf) |
| 5 Mar - Board meeting on 10 Mar 2026 to consider bonus shares; trading window closed until 48 hours after declaration. | [Board Meeting Intimation for Issue Of Bonus Shares, Subject To Shareholders Approval. 5 Mar - Board meeting on 10 Mar 2026 to consider bonus shares; trading window closed until 48 hours after declaration.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0702615d-df97-432e-846e-025103d8586f.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/624649ff-1933-48d9-8056-c63e10962018.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5db8acb-7a95-4982-83dd-560018fcad4d.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0b0399ea-d143-467d-8ffb-5a4f0856807a.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/512026/74966512026.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/512026/70338512026.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/512026/65751512026.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/512026/5120260319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/512026/5120260318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/512026/5120260317.pdf) |
| from bse | [Annual Report 2011 from bse](https://www.bseindia.com/bseplus/AnnualReport/512026/5120260311.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:23:51.199Z.