Viram Suvarn Limited

BSE: VSL540252ISIN INE607V01028

Consumer Discretionary
Gems, Jewellery And Watches

Share price

₹9.85+0.13 (+1.34%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: —
52W low: —
Off 52W high: —
1M return: +3.25%
3M return: -2.48%
6M return: -20.56%
1Y return: —
20D avg volume: 2,67,870
50 DMA: ₹9.78
200 DMA: ₹10.20

Key ratios Standalone

Market cap: ₹111.76 Cr
Current price: ₹9.85
52W high / low: — / —
Face value: ₹2.00
P/E: 14.70
P/B: 4.74
EPS (TTM): ₹0.67
Book value / share: ₹2.08
ROE: 32.19%
ROCE: 15.60%
Operating margin: 38.98%
Net margin: 33.10%
Debt / equity: 0.00
Net debt: ₹-0.14 Cr
Interest cover: —
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 473.5 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24
Income statement
	—	4.35	5.32	7.52	6.48	5.28	6.55	3.71	5.21	8.18	—
	—	3.17	0.17	0.25	0.00	0.00	1.47	0.30	0.62	0.43	—
	—	7.52	5.49	7.76	6.48	5.29	8.03	4.01	5.84	8.61	—
	—	5.82	3.35	3.94	4.33	3.47	6.66	3.09	4.92	7.30	—
	—	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	—	16.31	26.45	4.48	3.88	1.39	5.81	3.80	4.38	8.26	—
	—	0.03	0.02	0.03	0.04	0.03	0.10	0.07	0.04	0.04	—
	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—
	—	0.00	0.00	0.00	0.00	0.00	0.01	—	—	—	—
	—	0.17	0.58	0.05	0.04	0.26	0.37	0.06	0.08	0.10	—
	—	1.69	2.15	3.83	2.15	1.81	1.36	0.92	0.91	1.31	—
	—	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—
	—	1.69	2.15	3.83	2.15	1.81	1.36	0.92	0.91	1.31	—
	—	0.26	0.76	0.65	0.55	0.40	0.40	0.20	0.20	0.30	—
	—	1.44	1.39	3.18	1.60	1.41	0.97	0.72	0.71	1.01	—
	—	0.13	0.12	0.42	0.21	0.19	0.13	0.09	0.09	0.13	—
Key metrics
	—	1.69	2.15	3.83	2.15	1.81	1.37	0.92	0.91	1.31	—
	—	38.90%	40.40%	50.90%	33.20%	34.30%	20.90%	24.80%	17.50%	16.00%	—
	—	33.10%	26.10%	42.30%	24.70%	26.70%	14.80%	19.40%	13.60%	12.30%	—
	—	—	3.40%	—	7.20%	—	5.40%	—	—	—	—
	—	-17.60%	-18.80%	102.70%	24.40%	-35.50%	—	—	—	—	—
	—	2.10%	43.30%	341.70%	125.40%	39.60%	—	—	—	—	—

Metric	FY26	FY25	FY24
Income statement
	24.60	23.64	—
	0.42	2.84	—
	25.02	26.48	—
	15.09	21.98	—
	0.00	0.00	—
	36.21	22.26	—
	0.12	0.25	—
	0.00	0.00	—
	0.00	0.01	—
	0.92	0.61	—
	9.93	4.51	—
	0.00	0.00	—
	9.93	4.51	—
	2.36	1.10	—
	7.58	3.41	—
	0.67	2.25	—
Key metrics
	9.93	4.52	—
	40.40%	19.10%	—
	30.80%	14.40%	—
	15.60%	17.80%	—
	4.10%	—	—
	122.30%	—	—
	-21.96	2.96	—
	-2.90	0.94	—
	0.00	0.00	—
	-0.14	-0.24	—
	473.5	150.5	—
Balance sheet
	65.84	27.10	—
	54.63	15.89	—
	0.14	0.24	—
	0.00	0.00	—
	31.93	9.77	—
	—	3.88	—
	11.21	11.21	—
	0.02	0.02	—
	2.18	1.78	—
	0.00	0.00	—
	0.00	0.00	—
	0.00	0.00	—
	63.63	25.31	—
Cash flow
	-21.96	3.21	—
	-8.89	-3.09	—
	30.75	-0.17	—
	0.00	0.25	—

Compounded growth

Sales CAGR 3Y: —
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): —
Profit YoY (TTM): —

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 65.01%

Quarter	September 2026	June 2026
Promoter %	65.01%	65.01%

Holder	Type	Holding	Previous	Change
VEERAM VENDORS PRIVATE LIMITED	Promoter Group	17.77%	17.77%	0.00%
PINAL RAKSHITBHAI SHAH	Promoter	17.45%	17.45%	0.00%
VEERAM BARTER PRIVATE LIMITED	Promoter Group	13.86%	13.86%	0.00%
RAKSHIT MAHENDRA SHAH	Promoter	12.57%	12.57%	0.00%
SHAH RAKSHIT MAHENDRABHAI (HUF)	Promoter Group	2.85%	2.85%	0.00%
VIVID MERCANTILE LIMITED	Public	2.27%	2.27%	0.00%
GREENX WEALTH MULTIHORIZONS OPPORTUNITY FUND	Public	2.01%	2.01%	0.00%
GIRDHARBHAI PITAMBARBHAI PATEL	Public	1.12%	1.03%	+0.09%
SHAH MAHENDRA MANCHANDLAL	Promoter Group	0.28%	0.28%	0.00%
MAHENDRABHAI MANCHNDLAL SHAH	Promoter Group	0.23%	0.23%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Titan Company Limited	4,21,698	4,750.00	73.21	38.40%	+45.05% TTM	+55.12% TTM	+24.58%
Kalyan Jewellers India Limited	54,736	530.00	38.14	27.40%	+45.75% TTM	+79.22% TTM	+1.38%
Lalithaa Jewellery Mart Limited	20,466	365.65	—	—	—	—	—
PC JEWELLER LIMITED	15,418	15.81	17.31	10.30%	+29.27% TTM	+45.80% TTM	+31.09%
Sky Gold And Diamonds Limited	14,375	928.15	35.45	36.00%	+73.01% TTM	+118.85% TTM	+158.54%
Thangamayil Jewellery Limited S	13,364	4,299.50	34.09	34.70%	+78.15% TTM	+113.25% TTM	+41.38%
BlueStone Jewellery and Lifestyle Limited	10,569	691.35	103.94	8.10%	—	—	-2.80%
P N GADGIL JEWELLERS LIMITED	8,562	581.65	17.56	30.50%	+50.66% TTM	+64.36% TTM	-12.63%
ETHOS LIMITED	7,328	2,738.80	69.28	8.40%	+30.42% TTM	+14.34% TTM	-7.78%
Timex Group India Ltd S	6,779	671.50	66.03	65.20%	+44.15% TTM	+83.08% TTM	+81.63%
Senco Gold Limited	5,100	311.15	8.93	33.80%	+41.91% TTM	+168.38% TTM	-6.79%
KDDL Ltd	4,758	3,868.80	31.67	10.40%	+32.48% TTM	+4.32% TTM	+52.02%
Goldiam International Ltd.	4,651	308.95	22.05	20.30%	+27.01% TTM	+63.93% TTM	+12.00%
D P ABHUSHAN LIMITED S	4,424	1,938.00	18.44	45.90%	+30.80% TTM	+93.38% TTM	+28.55%
Tribhovandas Bhimji Zaveri Limited	4,049	606.75	20.61	35.60%	+24.14% TTM	+110.34% TTM	+227.53%
SHRINGAR HOUSE OF MANGALSUTRA LIMITED S	2,809	291.25	23.21	23.30%	—	—	+26.52%
Vaibhav Global Ltd	2,690	160.30	9.64	15.30%	+9.61% TTM	+52.41% TTM	-41.53%
SHANTI GOLD INTERNATIONAL LIMITED	2,089	272.20	—	—	—	—	—
Deepa Jewellers Limited S	2,058	213.00	—	—	—	—	—
PNGS Reva Diamond Jewellery Limited S	2,008	633.40	21.13	18.60%	—	—	—
Khazanchi Jewellers Limited S	1,757	709.90	—	39.50%	—	—	+3.55%
Motisons Jewellers Limited S	1,702	14.96	25.36	18.00%	+10.73% TTM	+48.70% TTM	-8.78%
RENAISSANCE GLOBAL LIMITED	1,534	142.75	14.03	9.10%	+41.39% TTM	+68.44% TTM	+4.96%
Rajesh Exports Ltd. S	1,485	50.30	55.27	3.70%	+17.58% TTM	-3.03% TTM	-72.32%
Shankesh Jewellers Limited S	1,378	98.13	—	—	—	—	—
Viram Suvarn Limited S	112	9.85	14.70	15.60%	—	—	—

Filings & corporate actions

Recent announcements

Intimation regarding Appointment of Corporate Office of the RTA i.e. KFIN Technologies Limited.4 Nov 2026 · Company Update / General
Unaudited Financial Result for Quarter and half Year ended 30th September, 2026.27 Oct 2026 · Result / Financial Results
Board Meeting held on Today, Tuesday 27th October, 2026 to consider and approve the Unaudited Financial results for the Quarter and Half Year Ended 30th September, 2026.27 Oct 2026 · Board Meeting / Outcome of Board Meeting
Viram Suvarn Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/10/2026 ,inter alia, to consider and approve Unaudited Financial Statements ....22 Oct 2026 · Board Meeting / Board Meeting
Confirmation certificate under Regulation 74(5) of SEBI (DP) Regulation, 2018 for quarter ended 30th Sep,20269 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation reagrding Appointment of Secretarial Auditor of the company for 5 years in the AGM.30 Sep 2026 · Company Update / Change in Management
Intimation regarding appointment of Statutory Auditor of the company for 5 years in the AGM.30 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
Intimation regarding Re appointment of Mr. Sanjay Chunilal Vibhakar as an Independent Director of the company for second term of five (5) years in the AGM of the company.30 Sep 2026 · Company Update / Change in Management
Intimation about the re appointment of Mr. Mahendra Ramniklal Shah as a Managing Director for further period of Five (5) Years in the 15th AGM of the company.30 Sep 2026 · Company Update / Change in Management
Scrutiniser Report along with Voting result for the 15th AGM for F.Y. 2025-2630 Sep 2026 · AGM/EGM / AGM
Attached herewith Proceedings of 15th Annual General Meeting held for F.Y. 2025-26.28 Sep 2026 · AGM/EGM / AGM
Intimation regarding Closure of Trading Window with effect from 1st october, 2026, for the purpose of consideration and approval of the unaudited Financial for the quarter and half year ....19 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Attached herewith Extract of Post Dispatch Newspaper Publication.7 Sep 2026 · Company Update / Newspaper Publication
Intimation of Cut off date for e voting in upcoming AGM4 Sep 2026 · Corp. Action / Record Date
Attached herewith 15th Annual Report for F.Y. 2025-264 Sep 2026 · AGM/EGM / AGM
Attached herewith 15th Annual Report For F.Y. 2025-264 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation of Appointment of Secretarial Auditors of the compan, subject to the approval of members in upcoming AGM.4 Sep 2026 · Company Update / Change in Management
Attached herewith, copies of pre dispatch NewsPaper Publication.4 Sep 2026 · Company Update / Newspaper Publication
Appointment of Internal Auditor3 Sep 2026 · Company Update / Change in Management
Intimation of Appointment of Secretarial Auditor, subject the approval of members in upcoming AGM.3 Sep 2026 · Company Update / Change in Management
Intimation of Appointment of Statutory Auditors of the Company, subject to the approval of members in upcoming AGM.3 Sep 2026 · Company Update / Appointment of Statutory Auditor/s
Outcome of Board Meeting held on Thursday, 3rd September, 2026, to consider the following agendas: 1. Approval of 15th AGM Notice. 2. Approval of Annual Report 2025-26. 3. Taken note ....3 Sep 2026 · Others / Outcome without intimation
Intimation regarding Resignation of M/s Neelam Somani & Associates, as Secretarial Auditor of the company w.e.f. 3rd September, 20263 Sep 2026 · Company Update / Change in Management
Intimation regarding Resignation of M/s Shah Karia & Associates, as Statutory Auditor of the company w.e.f. 3/09/20263 Sep 2026 · Company Update / Resignation of Statutory Auditors
The Board of Directors in thier meeting held on today i.e. 7th August, 2026, consider and approve: 1. Unaudited Financial Results for the quarter ended 30th June, 2026. 2. The Limited ....7 Aug 2026 · Result / Financial Results
Outcome of Board Meeting held on 7th August, 2026 to consider and approve the following among other matters: 1. The Unaudited Financial results of the Company for the Quarter ended on ....7 Aug 2026 · Board Meeting / Outcome of Board Meeting
Viram Suvarn Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve the Unaudited Standalone Financial ....4 Aug 2026 · Board Meeting / Board Meeting
Confirmation Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended 30th June, 202622 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
The Board of Directors in thier meeting held on today i.e. Monday 20th July, 2026 considered and approved: 1. Re-appointment of Mr. Mahendra Ramniklal Shah as the Managing Director for ....20 Jul 2026 · Company Update / Change in Management
The Board of Directors of the Company, at its meeting held today, i.e., Monday, July 20, 2026, has, inter alia, considered and approved the following: 1. Re-appointment of Mr. Mahendra ....20 Jul 2026 · Others / Outcome without intimation
Intimation of closure of Trading window with effect from 1st July 2026, for the purpose of consideration and approval of the unaudited Financial Statements for the quarter ending June 30th, 2026.24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Statement on Deviation or Variation of funds- we hereby confirm that during the quarter ended 31st March, 2026, there is no deviation or variation in the utilization of Proceeds of the ....29 May 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Annual Secretarial Compliance Report for Financial Year ended 31st March, 202628 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
1. The Audited Financial Results of the Company for the Quarter and Financial Year Ended 31st March, 2026. 2. The Audit Report as on 31st March, 2026 as submitted by M/s Shah Karia & ....27 May 2026 · Result / Financial Results
Board of Directors of the Company in their meeting held today i.e. on Wednesday, 27th May, 2026 inter-alia considered and approve the following among other matters: 1. The Audited Financial ....27 May 2026 · Board Meeting / Outcome of Board Meeting
Viram Suvarn Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2026 ,inter alia, to consider and approve 1.Audited Standalone Financial ....20 May 2026 · Board Meeting / Board Meeting
Monitoring Agency Report on the utilisation of Proceeds raised through issuance of equity shares by way of rights issue as on Quarter ended 31st March, 2026.13 May 2026 · Company Update / Monitoring Agency Report
Intimation regarding Resignation of Mr. Rajeshbhai Shah (DIN:07774203) with effect from 21st April, 2026.22 Apr 2026 · Company Update / Change in Management
It is to inform that Mr. Rajesh Shah (DIN:07774203) has tendered his resignation from the post of director with effect from 21st April, 2026.21 Apr 2026 · Company Update / Resignation of Director
Disclosure recieved from Promoter under Regulation 31 (4) of SAST, Reg 2011 for the year ended 31.03.2026.4 Apr 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	9 Jan 2026	9 Jan 2026	—
Interim Dividend - Rs. - 0.0500	21 Feb 2025	21 Feb 2025	—

Board meetings

27 Oct 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results