BlueStone Jewellery and Lifestyle Limited
₹676.25-₹14.10 (-2.0%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹7,200 Cr
- EV / EBITDA
- 90.3x
- Revenue
- ₹1,770 Cr
- Net margin
- -11.2%
- ROCE
- 3.1%
Price chart
Technical chartScreen technicals →-2.8% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -15.0%
- 3M
- -11.4%
- 6M
- +34.0%
- 1Y
- -2.8%
- 5Y
- +24.0%
52-week range
Day change -₹14.10 (-2.0%) from ₹690 to ₹676 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in BLUESTONE, bought on each weekday since 2025.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 37.8%
Concerns1
- Low interest coverage ratio of 0.4x
Rule-based from financial data. Not advice.
About the company
BlueStone Jewellery and Lifestyle Limited designs, manufactures, and sells fine jewelry products under the BlueStone brand name in India. The company offers rings, earrings, necklaces, pendants, solitaires, bangles, bracelets, and chains, as well as casual-wear diamond, gold, platinum, gemstone, and pearl jewelry products for women, men, and couples. It sells its products through company and franchisee stores, as well as through its website and mobile application. The company was incorporated in 2011 and is based in Mumbai, India.
- Sector
- Consumer Discretionary
- Shares outstanding
- 15.1 Cr shares
- ISIN
- INE304W01038
- BSE code
- 544484
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹7,200 Cr
- P/B
- 4.3x
- EV / EBITDA
- 90.3x
- EV / Sales
- 6.5x
- P/S
- 5.7x
- 52-week high
- ₹932.80
- 52-week low
- ₹401.80
Profitability
- Operating margin
- 4.2%
- Net margin
- -11.2%
- EBITDA margin
- 7.2%
- ROE
- -40.8%
- ROCE
- 3.1%
- ROA
- -5.8%
- Dividend payout
- 0.0%
- Tax rate
- 0.0%
- Other income, % of PBT
- -26.8%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,770 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.8%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 37.8%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹91.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 339.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 54.2%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹181 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -770.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹32.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 95.5%
Solvency and efficiency
- Current ratio
- 2.58
- Debt / Equity
- 3.99
- Debt / Assets
- 0.57
- Debt / EBITDA
- 15.25
- Interest coverage
- 0.38
- Financial leverage
- 7.05
- CFO / Net profit
- 1.27
- Cash / Market cap
- 25.7%
- Cash per share
- ₹122.44
- Asset turnover
- 0.52
- Fixed asset turnover
- 2.16
- Capital intensity
- 0.46
- Debtor days
- 1 days
- Inventory turnover
- 0.76
- Cash conversion cycle
- 375 days
Where the revenue went
FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.
| Line | FY2025 |
|---|---|
| Sales | ₹1,770 Cr |
| Expenses | ₹1,692 Cr |
| Operating profit | ₹78 Cr |
| Other income | ₹58 Cr |
| Interest | ₹208 Cr |
| Depreciation | ₹147 Cr |
| Profit before tax | -₹219 Cr |
| Tax and other | ₹0 Cr |
| Net profit | -₹219 Cr |
Revenue and net profit
Revenue grew 39.8% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹245 Cr | -₹31 Cr |
| FY2022 | ₹461 Cr | -₹1,268 Cr |
| FY2023 | ₹771 Cr | -₹167 Cr |
| FY2024 | ₹1,266 Cr | -₹142 Cr |
| FY2025 | ₹1,770 Cr | -₹219 Cr |
Cash flows
FY2025: -₹665 Cr from operations, -₹756 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹39 Cr | -₹4 Cr |
| FY2022 | ₹33 Cr | -₹38 Cr |
| FY2023 | ₹27 Cr | -₹178 Cr |
| FY2024 | -₹181 Cr | -₹563 Cr |
| FY2025 | -₹665 Cr | -₹756 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,770 Cr+39.8%1Y
- Net profit
- -₹219 Cr
- Cash from operations
- -₹665 Cr
- Free cash flow
- -₹756 Cr
- Revenue CAGR, 5Y
- 37.8%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,770 Cr | ₹78 Cr | — | -₹219 Cr | -₹665 Cr | -₹756 Cr | -24.7% | +39.8% | +54.2% |
Monthly returns
Month-by-month returns of BLUESTONE across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹3,535 Cr |
| Equity capital | ₹4 Cr |
| Reserves | ₹884 Cr |
| Borrowings | ₹1,941 Cr |
| Other liabilities | ₹707 Cr |
| Assets | ₹3,535 Cr |
| Fixed assets | ₹1,013 Cr |
| Capital work in progress | ₹5 Cr |
| Investments | ₹78 Cr |
| Other assets | ₹2,438 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
BLUESTONE has no positive P/E; the peer median is 55.4x.
Not shown (no positive earnings and no EV / Sales): BlueStone Jewellery and Lifestyle Limited, Sapphire Foods India Limited.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| BlueStone Jewellery and Lifestyle LimitedBLUESTONEthis company | ₹7,200 Cr | — | 4.3x | -40.8% | 90.3x |
| V2 Retail LimitedV2RETAIL | ₹7,764 Cr | 75.1x | 18.9x | 9.8% | 54.1x |
| Campus Activewear LimitedCAMPUS | ₹7,736 Cr | 62.5x | 9.7x | 13.7% | 36.1x |
| PC JEWELLER LIMITEDPCJEWELLER | ₹7,548 Cr | 12.3x | 1.0x | -22.4% | -82.3x |
| Sapphire Foods India LimitedSAPPHIRE | ₹7,287 Cr | — | 5.9x | 4.1% | 18.4x |
| ETHOS LIMITEDETHOSLTD | ₹7,246 Cr | 74.4x | 5.1x | 9.2% | 40.5x |
| REDTAPE LimitedREDTAPE | ₹7,135 Cr | 36.5x | 8.3x | 26.9% | 23.1x |
| Mrs. Bectors Food Specialities LimitedBECTORFOOD | ₹7,094 Cr | 63.4x | 6.3x | 20.1% | 30.9x |
| Cera Sanitaryware Ltd.CERA | ₹6,541 Cr | 27.7x | 4.8x | 17.8% | 18.2x |
| Peer median | — | 55.4x | 6.3x | 11.8% | 36.3x |
Year-to-date ROI
BLUESTONE since 1 January, against earlier years.
Historical volatility
BLUESTONE's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -7.0% |
| FY2022 | -268.0% |
| FY2023 | -7.0% |
| FY2024 | 4.0% |
| FY2025 | 4.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,770 Cr |
| Costs | |
| Interest | ₹208 Cr |
| Expenses | ₹1,692 Cr |
| Operating profitOperating Profit | ₹78 Cr |
| Other income and charges | |
| Profit before tax | -₹219 Cr |
| Tax | |
| Net profitNet Profit | -₹219 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹3,535 Cr |
| Equity capitalEquity Capital | ₹4 Cr |
| Reserves | ₹884 Cr |
| Borrowings | ₹1,941 Cr |
| Other liabilitiesOther Liabilities | ₹707 Cr |
| AssetsTotal Assets | ₹3,535 Cr |
| Fixed assetsFixed Assets | ₹1,013 Cr |
| Capital work in progressCWIP | ₹5 Cr |
| Investments | ₹78 Cr |
| Other assetsOther Assets | ₹2,438 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | -₹665 Cr |
| Investing cash flowCash from Investing Activity | -₹91 Cr |
| Financing cash flowCash from Financing Activity | ₹740 Cr |
| Change in cashNet Cash Flow | -₹16 Cr |
Learn while you research
Academy chapters picked for BlueStone Jewellery and Lifestyle Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Growth Investing40% revenue growth is in the top tier, learn how to value growth.7 min read
- 04 Leverage RatiosDebt/Equity of 3.99 is elevated, understand what that means for solvency.6 min read
- 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 06 Cyclical vs Defensive StocksConsumer staples behave defensively across the business cycle.6 min read