Want to see IN:MOKSH full AI Analyst Report?
Top Page
Moksh Ornaments Ltd.
(MOKSH)
Select Model
Select Model
Rating:54Neutral
Price Target:
₹10.50
▼(-26.57% Downside)
Action:Reiterated
Date:08/17/26
The score is held back primarily by weak cash-flow conversion and recurring negative free cash flow, along with a bearish technical setup (price below key moving averages and negative MACD). These risks are partially offset by strong recent revenue growth, a much improved leverage profile, and a relatively modest P/E valuation.
Positive Factors
Revenue Growth
Sustained top-line growth indicates continued demand and market expansion. If maintained, this revenue base can provide operating scale and support improved earnings, although the benefit depends on restoring margins and maintaining disciplined working-capital management.
Negative Factors
Weak Cash Conversion
Recurring weak cash generation means reported earnings are not consistently converting into liquidity. This can increase reliance on working-capital funding, constrain reinvestment capacity, and make the business more vulnerable if inventory or receivables absorb additional cash.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line growth indicates continued demand and market expansion. If maintained, this revenue base can provide operating scale and support improved earnings, although the benefit depends on restoring margins and maintaining disciplined working-capital management.
Read all positive factors
Moksh Ornaments Ltd. (MOKSH) vs. iShares MSCI India ETF (INDA)
Market Cap
₹889.12M
Dividend Yield0.29%
Average Volume (3M)122.71K
Price to Earnings (P/E)9.4
Beta (1Y)1.12
Revenue Growth34.05%
EPS Growth-16.61%
CountryIN
Employees13
SectorGeneral
Sector StrengthN/A
IndustryLuxury Goods
Share Statistics
EPS (TTM)0.73
Shares Outstanding86,322,716
10 Day Avg. Volume221,698
30 Day Avg. Volume122,713
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)1.18
Price to Sales (P/S)0.22
P/FCF Ratio-45.76
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Moksh Ornaments Ltd. Business Overview & Revenue Model
Company Description
Moksh Ornaments Limited functions as a manufacturer and wholesale distributor of exquisite jewelry throughout India. The company's primary focus lies in providing an array of gold adornments, including bangles, various chain designs, and tradition...
How the Company Makes Money
null...
Moksh Ornaments Ltd. Financial Statement Overview
Summary
Income Statement
63
Positive
Balance Sheet
74
Positive
Cash Flow
34
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.79B | 5.80B | 4.49B | 4.47B | 3.24B |
| Gross Profit | 220.48M | 292.83M | 147.17M | 174.82M | 144.37M |
| EBITDA | 151.54M | 166.74M | 139.46M | 108.35M | 79.86M |
| Net Income | 98.54M | 84.28M | 62.53M | 61.35M | 51.34M |
Balance Sheet | |||||
| Total Assets | 1.85B | 1.44B | 1.07B | 794.98M | 495.98M |
| Cash, Cash Equivalents and Short-Term Investments | 67.20M | 90.28M | 86.62M | 52.25M | 27.27M |
| Total Debt | 246.02M | 324.76M | 494.45M | 277.50M | 40.95M |
| Total Liabilities | 556.94M | 331.55M | 499.52M | 285.01M | 47.35M |
| Stockholders Equity | 1.29B | 1.11B | 572.50M | 509.97M | 448.63M |
Cash Flow | |||||
| Free Cash Flow | -33.19M | -274.70M | -184.13M | -212.73M | 255.57M |
| Operating Cash Flow | 38.55M | -269.98M | -184.09M | -212.73M | 259.63M |
| Investing Cash Flow | -71.74M | -4.72M | -44.00K | 0.00 | -4.06M |
| Financing Cash Flow | 7.17M | 271.21M | 218.50M | 237.71M | -322.92M |
Moksh Ornaments Ltd. Technical Analysis
Negative
14.30
Price Trends
10.73
Negative
11.50
Negative
12.30
Negative
Market Momentum
-0.17
Negative
45.45
Neutral
30.79
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MOKSH, the sentiment is Negative. The current price of 14.3 is above the 20-day moving average (MA) of 10.33, above the 50-day MA of 10.73, and above the 200-day MA of 12.30, indicating a bearish trend. The MACD of -0.17 indicates Negative momentum. The RSI at 45.45 is Neutral, neither overbought nor oversold. The STOCH value of 30.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MOKSH.
Moksh Ornaments Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹6.98B | 12.59 | ― | ― | 30.27% | 54.08% | |
63 Neutral | ₹10.33B | 12.49 | ― | 0.16% | 16.75% | 26.80% | |
59 Neutral | ₹300.76M | 12.84 | ― | ― | -16.83% | 181.23% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹889.12M | 9.43 | ― | 0.29% | 34.05% | -16.61% | |
51 Neutral | ₹147.13M | 7.80 | ― | 0.44% | -2.92% | ― | |
41 Neutral | ₹266.28M | -25.39 | ― | 0.46% | 113.71% | 42.76% |
* General Sector Average
IN:MOKSH
Moksh Ornaments Ltd.
10.18
-3.71
-26.71%
IN:GOENKA
Goenka Diamond & Jewels Ltd.
0.84
-0.10
-10.64%
IN:KANANIIND
Kanani Industries Limited
1.50
-0.48
-24.24%
IN:LYPSAGEMS
Lypsa Gems & Jewellery Ltd.
4.75
-2.12
-30.86%
IN:RADHIKAJWE
Radhika Jeweltech Ltd
84.19
-8.08
-8.76%
IN:RBZJEWEL
RBZ Jewellers Limited
177.20
37.20
26.57%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.