What we do Motisons Jewellers Ltd is an Indian jewellery retailer offering gold, diamond, kundan, silver, and platinum jewellery along with coins and utensils through showrooms and online. |
Founded in 1,997 |
Market share Prominent player in organized Indian jewellery retail sector with expanding showroom network. |
Problem solved Provides diverse jewellery choices catering to traditional, contemporary, wedding, and daily wear needs. |
Top clients or who we serve B2C customers across Jaipur, including festival, wedding, and fashion jewellery buyers. |
Key management Sandeep Chhabra (Chairman & Whole Time Director), Sanjay Chhabra (Managing Director), Laksh Chhabra (Joint Managing Director). |
Our journey and innovations Started as partnership in 1997; expanded to 4 showrooms; raised Rs 151 Cr via IPO in 2023; focuses on design innovation and customer trends. |
Where we operate Primarily in Jaipur, Rajasthan with 4 showrooms including flagship Motisons Tower; also online sales. |
Top products or what we offer Gold, diamond, kundan, silver jewellery, gold/silver coins, utensils, costume jewellery, serving multiple price points and preferences. |
Top brands Motisons brand with flagship showroom Motisons Tower on Tonk Road, Jaipur; product lines include traditional and modern designs. |
Raw materials needed Gold, diamonds, kundan, silver, platinum, precious and semi-precious stones. |
Raw materials supplier Local artisans and manufacturing units in Jaipur along with trusted gemstone suppliers. |
Recurring vs cyclical contribution Revenue mainly retail sales; cyclical with seasonal spikes around festivals and weddings. |
Our industry position Strong regional presence and reputation in organized retail jewellery in Jaipur; expanding footprint and product range. |
Financial highlights FY 2024-25 revenue Rs 462.11 Cr, net profit Rs 43.17 Cr; consistent growth over previous year. |
Geographical revenue split Revenue mainly from Jaipur region, expanding via online sales nationally. |
Order book - |
Whats driving growth Design innovation, showroom expansion, increased consumer demand, IPO funding for growth, digital platform. |
Our future plans Expand showroom presence, enhance online platform, launch new collections, increase production capacity. |
Our green promise Committed to energy conservation and sustainability; ongoing efforts to improve resource efficiency. |
Our people and values Focus on skilled artisans, employee development, ethical business practices, and inclusive workplace culture. |
Key challenges ahead Competitive retail market, fluctuating raw material prices, evolving consumer preferences, regulatory compliance. |
Interesting facts Started in a 304 sq.ft. showroom now expanded to over 11,700 sq.ft. flagship store; IPO raised Rs 151 Cr in 2023. |
Risks and strategy Mitigating market, financial, and operational risks through diversification, innovation, and strong governance. |
