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Deepa Jewellers IPO Financials, Risk Factors, Peers & Objects of Issue

An investor-focused breakdown of the Deepa Jewellers IPO offer document: restated financial performance, key ratios, valuation across the price band, competitive strengths, risk factors, listed peers, objects of the issue and the business model, all drawn from the company's RHP disclosures.

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Deepa Jewellers IPO Financial Performance (Restated)

On a restated consolidated basis, the company revenue increased by 38% and profit after tax (PAT) rose by 158% between the financial year ending with March 31, 2026, a useful one-line read on operating momentum heading into the listing.

Here is how the books have moved over the last three financial years:

31 Mar 2026 to 31 Mar 2024₹ Crore
Particulars31 Mar 202631 Mar 202531 Mar 2024
Assets357.18217.67174.64
Total Income1,927.731,400.101,025.73
Profit After Tax104.7940.5824.35
EBITDA146.3456.0135.77
Net Worth238.07133.2192.55
Reserves221.67129.1188.45
Total Borrowings111.1180.7977.93

All figures in ₹ Crore unless stated otherwise. Source: restated financials disclosed in the offer documents.

Profits have scaled from ₹24.35 Cr to ₹104.79 Cr over two years; the borrowings-to-net-worth ratio has eased to about 0.47. For investors, the trend matters more than any single year, steady compounding with contained leverage is what institutional bidders typically reward, while a late spike in borrowings deserves scrutiny against the stated objects of the issue.

Deepa Jewellers IPO Key Performance Indicators (KPI)

ROE56.45%
RoCE52.08%
Return on Net Worth56.45%
Debt / Equity0.47
NAV per share29.03

Reading these numbers. RoE and RoCE measure how efficiently the business turns shareholder capital into profit; anything in double digits is respectable, mid-twenties plus is strong. A debt-to-equity ratio well below 1 signals a balance sheet that does not depend on lenders. NAV per share anchors the book value of your bid, while price-to-book tells you how many rupees the issue is charging for each rupee of that book, compare it with listed peers in the same sector before deciding whether the premium is justified.

Deepa Jewellers IPO Valuation, Pre IPO vs Post IPO

The issue price converts into a different earnings multiple once the fresh shares hit the books. Here is the dilution-adjusted picture:

Market Cap at offer-→ ₹1,701.40 Cr post-IPO

Pre-IPO figures are computed on the pre-issue share count; post-IPO figures assume full subscription at the upper band.

Deepa Jewellers IPO Competitive Strengths (as disclosed in the RHP)

Key strengths

Deepa Jewellers IPO Industry Snapshot

Deepa Jewellers IPO Objects of the Issue

Funding long-term working capital requirements towards procurement, maintenance and scaling up of inventory by our Company215
General corporate purposes[●]
Disclaimer: The financial data on this page is auto-extracted from the company's offer document (RHP/DRHP) and is provided for education only. DostIpo is not a SEBI-registered investment adviser; verify all figures against the official prospectus before making any investment decision. Investments in the securities market are subject to market risks.

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Last updated: 02 Sep 2026, 22:25 IST