Deepa Jewellers Ltd (DEEPA) Share Price & Fundamentals

What we do

Deepa Jewellers Ltd designs, processes, and sells 22 karat gold jewellery, including hallmarked plain and precious stone-studded ornaments.

Founded in

2,016

Market share

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Problem solved

Providing quality gold jewellery with traditional and modern designs through reliable processing and trading services.

Top clients or who we serve

Serves retail customers buying gold ornaments, and offers job-work services for customer-supplied materials (B2C and B2B).

Key management

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Our journey and innovations

Incorporated in 2016; converted to public company in 2025; expanded product range to include CNC machine-cut bangles and kadas in 2020 and expanded geographic presence to South India in FY25.

Where we operate

Primarily operates in India, including recent expansion to Vijayawada, South India.

Top products or what we offer

Gold ornaments like vaddanam, bangles, kadas, earrings, necklaces, and jade; also silver ornaments and gold bullion trading.

Top brands

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Raw materials needed

22 karat gold, precious stones, silver for ornaments.

Raw materials supplier

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Recurring vs cyclical contribution

Revenue mainly cyclical, tied to consumer demand for gold jewellery and precious metals.

Our industry position

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Financial highlights

FY2023 revenue ₹1926.68 crore; net profit ₹104.79 crore.

Geographical revenue split

100% revenue from India.

Order book

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Whats driving growth

Product diversification, geographic expansion, rising demand for traditional and machine-cut gold jewellery.

Our future plans

Raising ₹250 crore via IPO to fund growth and market expansion.

Our green promise

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Our people and values

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Key challenges ahead

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Interesting facts

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Risks and strategy

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