PC Jeweller Limited is an Indian jewellery company that operates in the retail and wholesale segments of the market. The company offers gold, diamond and silver jewellery as well as other luxury items such as watches and artworks.
The company was established in 2005 with one showroom in Karol Bagh, Delhi and 80 showrooms in other locations in India. Regarding its stock, PC Jeweller is listed on the National Stock Exchange and the Bombay Stock Exchange (BSE) in India.
PC Jewellers’ share price is currently Rs 25.50, showing a decline of 75.72% in one year. But, if we look at its past, at the end of 2022, the share price touched an all-time high of Rs 105.50 with an increase of 77.30% and delivered huge returns in two-three years.
The company reported a total revenue of Rs 1606 crore in the fiscal year 2022 which was a decline of 43.17 %↓. And the net profit was Rs -391↓ crore as compared to Rs 62 crore in FY 2021.
In this forecast, we will estimate the target price of PC Jeweller shares for the years 2023 to 2030 based on research, market trends and technical analysis.
Fundamentals of PC Jeweller
PC Jeweller is an Indian jewellery retailer that was established in 2005. The company primarily sells gold, diamond and silver jewellery, as well as precious stones and other jewellery-related products. Here are some of the key fundamentals of PC Jeweller:
- Revenue Source: PC Jewellers’ revenue comes from the sale of jewellery and related products. The company operates through retail stores and online channels.
- Customer Base: PC Jewelers has a wide customer base and a strong presence in India with more than 100 retail stores across the country.
- Product Portfolio: The company sells various jewellery products including gold, diamond and silver jewellery as well as precious stones and other products.
- Brand Recognition: PC Jeweller has a strong brand reputation in India and is considered one of the leading jewellery retailers in the country.
- Manufacturing: The company has its own manufacturing facilities, which allow it to control the quality of its products and keep costs down.
PC Jeweller Market Data:
| Traded Volume | 1,219,883 |
| Market Cap | 1,186 |
| Primary Exchange | NSE/BSE |
| Revenue (yearly) | ₹ 1606 Cr (2022), ₹ 2826 Cr (2021) |
| Net Profit | ₹ – 391 Cr (2022), ₹ 62 Cr (2021) |
| Net Profit Margin | 2.19% (2021), – 24.34% (2022) |
| Dividend Yield | NA |
| EPS | – 1.57 |
| P/E Ratio | 16.59 |
| ROE | – 9.56 |
| Debt to Equity | 0.88 |
| 52 Week Low | 18.55 |
| 52 Week High | 105.50 |
| Buy/Sell/Hold | Buy |
| Face Value | 10 |
| Official Website | https://www.pcjeweller.com |
Check live share price:
Note: We will present our target price for PC Jeweller shares based on our research, experience, market trends and technical analysis. The share price target is an estimated value and may differ from the actual share price. So, do your own research and consult your financial advisor.
PC Jeweller share price target 2023 to 2030
PC Jeweller is a leading jewellery retailer in India, offering a wide range of gold, diamond and silver jewellery products. As an investor, you would like to know what its share price target could be in the coming years.
In terms of share price targets, top analysts say that PC Jeweller’s share price could reach Rs 72 by the end of 2025. This represents a potential upside of 188% from the current share price. But, we have different views on the share price which are given below:
2023
PC Jeweller can grow its business facing all the challenges of the market, it can attract more investors. We have set an upper target price of Rs 32.50 to Rs 40.10 for PC Jeweller shares later this year.
2024
The company has a strong brand reputation and is one of the leading jewellery retailers in the country. Which will always help in increasing its business in the coming years. In 2024, the maximum target price for PC Jeweller shares could be Rs 38.15 to Rs 48.50 at the end of the year.
2025
The company has its own manufacturing unit, where it can control the quality of its products which helps it to compete in the market to grow its business. As per our research and technical analysis, an upper target price for PC Jeweler shares in the mid-2025 range can be Rs 52.30 to Rs 76.60.
2026
As per our experience and forecasting system, the maximum target price for PC Jeweller shares by 2026 would be Rs 62.20 to Rs 85.40.
2028
The company has a brand reputation in the market which can help it grow in the coming years. In the past, the company has given huge returns and it will repeat again in 2028. Therefore, we set an upper target price of Rs 85.50 to Rs 115.60 on PC Jeweller shares through 2028.
2030
Based on our experience, research and technical analysis, an upper target price for PC Jeweller shares may range from Rs 120.25 to Rs 155.40 by 2030.
However, these price targets are just estimated values and are subject to change based on various factors. The performance of the Indian economy, changes in consumer demand for jewellery, and other factors could influence PC Jeweller’s share price over the next few years.
PC Jeweller shareholding pattern
| Promoters | 54.55% |
| Foreign Institutions | 1.65% |
| Domestic Institutins | 1.45% |
| Retail & Others | 42.35% |
| Mutual Funds | — |
Risk Factors
PC Jeweler is a well-known jewellery retailer in India, still, it has a number of risk factors that can affect its financial performance. Below are some of the major risk factors for PC Jeweller:
- Competition: PC Jeweler operates in a highly competitive market and may face established players, which may impact its share price.
- Geopolitical Risk: PC Jewellers’ operations are based in India, which is subject to geopolitical risks such as political instability, changes in government policies and others.
- Regulatory Compliance: Any change in regulations may affect its ability to operate in the market.
- Dependence on a few specific clients: PC Jeweller depends on its suppliers for raw materials. Any disruption in the supply chain could affect its profitability.
Note: Investing in the stock market always involves risk, so always do thorough research and seek advice from financial professionals before investing.
FAQs
Ans: Currently, PC Jeweller’s share price is trading at Rs.25. 85 per share on the National Stock Exchange (NSE) in India.
Ans: A share price target is an estimated value of where a stock’s price is expected to go in the future. These are usually created by analysts based on financial performance, industry trends, economic conditions, and others.
Ans: It is not recommended to invest in a stock based on its share price target, which is an estimated value that may differ from the actual value.
Ans: According to our research and a financial forecasting system, PC Jeweller’s share price could reach Rs 52.30 to Rs 76.60 by the end of 2025.
Ans: The maximum target price for PC Jewellers shares could be Rs 85.50 to Rs 115.60 by 2028.
