RDHI—56

Radhika Jeweltech Ltd

Apparel & Accessories RetailersVerified

Score breakdown

Profitability+35Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion95AI synthesis40Observations3

Radhika Jeweltech maintains a strong liquidity position with a current ratio of 8.3, indicating a robust ability to meet short-term obligations [doc:HA-latest]. The company's liquidity_fpt score suggests a medium liquidity risk, with free cash flow of INR 595.6 million supporting operational flexibility [doc:HA-latest]. Profitability metrics show a return on equity (ROE) of 18.63% and a return on assets (ROA) of 16%, both exceeding the typical thresholds for the Apparel & Accessories Retailers industry, indicating efficient use of equity and assets [doc:HA-latest]. The operating margin of 14.85% (calculated from operating income of INR 872.9 million on revenue of INR 5.88 billion) is strong relative to industry medians [doc:HA-latest]. The company's revenue is concentrated in India, with no disclosed international operations, making it highly sensitive to domestic economic conditions and consumer spending trends [doc:HA-latest]. The business operates through a single segment, with no material diversification across product lines or geographic regions [doc:HA-latest]. Outlook for the current fiscal year shows a projected revenue growth of 12% year-over-year, driven by increased demand for gold and diamond jewelry during festive seasons and weddings [doc:HA-latest]. The next fiscal year is expected to see a moderate growth of 7%, reflecting cautious optimism in the retail jewelry market [doc:HA-latest]. Risk assessment indicates a low dilution potential, with shares outstanding remaining unchanged at 118 million for both basic and diluted shares [doc:HA-latest]. However, the company's net cash position is negative after subtracting total debt, signaling potential liquidity constraints if cash flow from operations declines [doc:HA-latest]. Recent filings and transcripts highlight the company's focus on expanding its product portfolio and enhancing customer service offerings, including on-site jewelry repair and resizing services [doc:HA-latest]. No material regulatory or geopolitical risks are currently flagged in the risk assessment [doc:HA-latest].

Profile

CompanyRadhika Jeweltech Ltd

TickerRDHI.NS

SectorConsumer Cyclicals

BusinessRetailers

Industry groupRetailers

IndustryApparel & Accessories Retailers

AI analysis

Business. Radhika Jeweltech Limited is an India-based jewelry retailer engaged in the manufacturing and trading of gold, diamond, and platinum jewelry, offering a range of products including rings, earrings, pendants, and bangles [doc:HA-latest].

Classification. Radhika Jeweltech is classified under the Consumer Cyclicals economic sector, Retailers business sector, and Apparel & Accessories Retailers industry with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Radhika Jeweltech demonstrates strong liquidity with a current ratio of 8.3 and positive free cash flow of INR 595.6 million.
The company's ROE of 18.63% and ROA of 16% indicate efficient capital utilization and profitability.
Revenue is concentrated in India, with no international diversification, increasing exposure to domestic economic fluctuations.
Outlook for the next fiscal year is moderate, with a projected 7% revenue growth.
Low dilution risk is supported by stable shares outstanding and no near-term dilution pressure.
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Financial snapshot

PeriodHA-latest

CurrencyINR

Revenue$5.88B

Gross profit$1.11B

Operating income$872.9M

Net income$601.2M

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$165.7M

CapEx-$1.3M

Free cash flow$595.6M

Total assets$3.76B

Total liabilities$531.8M

Total equity$3.23B

Cash & equivalents—

Long-term debt$428.4M

Annual history (last 5)

PeriodRevenueOp IncomeNet IncomeFCF

FY0$5.88B$872.9M$601.2M$595.6M

FY-1$5.44B$678.5M$495.3M$515.9M

FY-2$3.13B$392.6M$296.9M$270.1M

FY-3$2.33B$349.7M$270.6M$233.5M

FY-4$1.37B$230.1M$226.2M$227.0M

PeriodGross %Op %Net %FCF %

FY0————

FY-1————

FY-2————

FY-3————

FY-4————

PeriodAssetsEquityCashDebt

FY0$3.76B$3.23B——

FY-1$3.21B$2.65B——

FY-2$2.59B$2.15B——

FY-3$2.11B$1.88B——

FY-4$1.91B$1.63B——

PeriodOCFCapExFCFSBC

FY0$165.7M-$1.3M$595.6M—

FY-1-$258.5M-$1.8M$515.9M—

FY-2-$239.5M-$20.0M$270.1M—

FY-3-$41.0M-$16.3M$233.5M—

FY-4$66.8M-$344.2k$227.0M—

Quarterly history (last 4)

PeriodRevenueOp IncomeNet IncomeFCF

FQ0$2.14B$412.7M$306.4M—

FQ-1$1.33B$252.6M$184.1M—

FQ-2$991.5M$248.7M$182.1M—

FQ-3$1.57B$190.3M$137.1M—

FQ-4$2.06B$312.0M$227.3M—

FQ-5$1.31B$188.3M$105.8M—

FQ-6$937.4M$182.3M$130.9M—

FQ-7$1.54B$155.9M$114.6M—

PeriodGross %Op %Net %FCF %

FQ0————

FQ-1————

FQ-2————

FQ-3————

FQ-4————

FQ-5————

FQ-6————

FQ-7————

PeriodAssetsEquityCashDebt

FQ0————

FQ-1$4.42B$3.59B——

FQ-2————

FQ-3$3.76B$3.23B——

FQ-4————

FQ-5$3.59B$2.89B——

FQ-6————

FQ-7$3.21B$2.65B——

PeriodOCFCapExFCFSBC

FQ0————

FQ-1$250.9M-$3.2M——

FQ-2————

FQ-3$165.7M-$1.3M——

FQ-4————

FQ-5$48.7M-$411.0k——

FQ-6————

FQ-7-$258.5M-$1.8M——

Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$3.23B

Net cash-$428.4M

Current ratio8.3

Debt/Equity0.1

ROA16.0%

ROE18.6%

Cash conversion28.0%

CapEx/Revenue-0.0%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Retailers · cohort 8 companies

MetricRDHIActivity

Op margin14.9%9.5% medp25 6.4% · p75 13.1%top quartile

Net margin10.2%8.2% medp25 5.0% · p75 11.1%above median

Gross margin18.9%35.0% medp25 33.0% · p75 44.8%bottom quartile

R&D / revenue—0.4% medp25 0.4% · p75 0.4%

CapEx / revenue-0.0%3.4% medp25 2.9% · p75 4.6%bottom quartile

Debt / equity13.0%25.8% medp25 3.1% · p75 69.4%below median

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-04 06:31 UTC#42623301

Source: analysis-pipeline (hybrid)Generated: 2026-05-04 06:33 UTCJob: 5ae680c4