| Market Cap | ₹150.99 CrSmall Cap |
|---|---|
| PE TTM | 7.33Industry PE 32.7 |
| Order from | Prominent Regional And National Jewellery Retail Chains |
| Execution period | Within 45 Days |
| Deal value | ₹35.5 Cr |
| Share of market cap | 23.5% |
| Share of annual revenue | 10.8% |
| Order book | ₹170 Cr (0.5x revenue) |
Key highlights
- Received a purchase order for 24 kg of gold jewellery valued at ₹35.50 Crores
- Contract awarded by prominent regional and national jewellery retail chains
- Execution of the entire order is mandated within a 45-day timeline
- Total current order book stands at approximately ₹170 Crores for 115 kg of jewellery
- Transaction involves domestic entities and is not a related party transaction
Order Details and Timeline
Ashapuri Gold Ornament Limited has secured a domestic purchase order for the supply of 24 kilograms of gold jewellery, valued at ₹35.50 Crores. The contract was awarded by prominent regional and national jewellery retail chains, emphasizing the company's footprint in the organized retail segment. The execution of this order is slated for completion within a tight 45-day window, indicating a rapid turnaround requirement and efficient manufacturing capabilities.
This transaction is classified as a standard commercial contract and does not involve any interest from the promoter group or fall under the category of related party transactions.
Business Impact and Pipeline
This new mandate significantly strengthens the company's revenue visibility for the upcoming quarter. By adding ₹35.50 Crores to its pipeline, Ashapuri's total order book has grown to approximately ₹170 Crores, covering 115 kilograms of gold jewellery orders. The short execution cycle suggests optimized inventory turnover and quick cash flow realization.
Given the company's trailing twelve months (TTM) operating revenue of ₹329.05 Crores, this single order represents approximately 10.8% of its annual turnover, reinforcing its competitive position as a preferred supplier for major national jewellery retailers.
Financial Context
- The company reported a net profit growth of 64.19% YoY in the latest quarter ending June 2026
- Ashapuri operates with a TTM Price-to-Earnings (PE) ratio of 7.33x, compared to the industry average of 32.73x
- Promoter holding remains stable at 48.06% with zero shares pledged as per recent filings
- The current order book of ₹170 Crores exceeds the company's total market capitalization of ₹151 Crores
- Operating profit margin for the latest quarter was recorded at 11.34% with a Piotroski Score of 7
Company Background
Based in Ahmedabad, Ashapuri Gold Ornament Limited is a specialized manufacturer and wholesaler of antique gold jewellery. The company caters to high-end retail brands across India, focusing on traditional and contemporary designs that appeal to a diverse national clientele. As a manufacturer of antique jewellery, it occupies a specialized niche in the high-value bridal and occasion-wear segment.
The recent transition toward serving organized national retail chains highlights its strategy to scale operations while maintaining consistent quality standards across its domestic supply network in the gems and jewellery sector.
| Share price | ₹4.53 |
|---|---|
| Market capitalisation | ₹150.99 Cr |
| Revenue (annual) | ₹317.21 Cr |
| Net profit (annual) | ₹18.56 Cr |
| Revenue (latest quarter) | ₹64.79 Cr-8.24% vs previous quarter |
| Net profit (latest quarter) | ₹5.21 Cr+284.75% vs previous quarter |
| P/E (TTM) | 7.33×Sector 56.89× |
| Promoter holding | 48.06%0.00% QoQ |
| FII holding | 0%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Ashapuri Gold Ornament Limited announcing the receipt of a purchase order for gold jewellery and current order book status. Market figures from a third-party data provider.
