#kabrajewels 
KABRA JEWELS : Recently listed 💎

The company designs, manufactures, and sells a wide range of gold, studded, and other jewelry products across various price

Marketcap : 223 Cr 
CMP :  213 Rs
PAT FY24= 9.39 Cr
PAT 8MFY25= 8.80 Cr
PAT FY 25 = 14-15 Cr
P/E FY 25 = 16

📌The company operates 6 showrooms in Ahmedabad under the brands KK Jewels Bridal, KK Jewels Diamond, KK Jewels Silver, KK Jewels Gold, KK Jewels - Atarashi, and KK Jewels - Silver Studio, along with 3 offices and 1 exhibition center

📌Company offers both ready-to-sell and custom-made jewelry, appealing to a broader audience.

The jewelry is marketed under the brand name "KK Jewels", while loose solitaires are sold under the "Only Solitaires" brand.

📌Revenue Bifurcation :

1)Product wise :

Gold Jewellery: 64.80%
Diamond & Diamond Jewellery and Loose Solitaires: 19.45%
Silver Jewellery and Articles: 14.64%
Others (Including platinum jewelry): 1.10%

2)Store wise :

- KK Jewels Bridal and KK Jewels Diamond: 56%
- KK Jewels Gold: 21.65%
- KK Jewels Silver: 11.87%
- KK Jewels – Atarashi: 6.28%
- KK Jewels – Silver Studio: 3.04%

☀️USP:  At their Bridal Jewellery Store, company host an event called “Pagla Ceremony “ for those who buy bridal jewellery from them which is a distinguishing factor of their brand and major USP in the local markets

🔥Also Kiara Advani is their Brand Ambassador which is a positive for their brand image

📌My Observation :

According to me,company is highly undervalued on TTM and Forward basis  in comparison to peers Motison Jewellery (@52PE) and DP Abhushan (@44PE)  who have their own retail stores and majority business comes from selling Gold Jewellery 

Company also has an added advantage of rapid rise in gold prices recently which will help in margin expansion in their H2 results according to me 📈
#kabrajewels