Veerkrupa Jewellers (BOM:543545) Net Current Asset Value: ₹1.03 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:543545 Veerkrupa Jewellers Ltd BOM:543545
64 GF Score
Price ₹0.53
GF Value ₹4.03
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Veerkrupa Jewellers Net Current Asset Value?

Veerkrupa Jewellers BOM:543545 +6.00% 64 Net Current Asset Value is ₹1.03 as of Mar. 2026, which is 100% below its 10-year median of 1.08. GuruFocus rates BOM:543545 with a GF Score™ of 64/100 and a GF Value™ of ₹4.03 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 560 Retail - Cyclical companies, Veerkrupa Jewellers ranks better than 95% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Veerkrupa Jewellers's net current asset value per share for the quarter that ended in Mar. 2026 was ₹1.03.

The historical rank and industry rank for Veerkrupa Jewellers's Net Current Asset Value or its related term are showing as below:

BOM:543545' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 0.49   Med: 1.08   Max: 6.06
Current: 0.51

During the past 8 years, the highest Price-to-Net-Current-Asset-Value Ratio of Veerkrupa Jewellers was 6.06. The lowest was 0.49. And the median was 1.08.

BOM:543545's Price-to-Net-Current-Asset-Value is ranked better than
95% of 560 companies
in the Retail - Cyclical industry
Industry Median: 3.155 vs BOM:543545: 0.51

Veerkrupa Jewellers  (BOM:543545) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Veerkrupa Jewellers Net Current Asset Value Related Terms


Veerkrupa Jewellers Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Veerkrupa Jewellers's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Veerkrupa Jewellers Net Current Asset Value Chart

Veerkrupa Jewellers Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial 0.37 0.99 1.01 1.02 1.03

Veerkrupa Jewellers Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 1.01 1.02 1.02 1.03

BOM:543545 vs TPR: Net Current Asset Value Comparison

For the Luxury Goods subindustry, Veerkrupa Jewellers's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Veerkrupa Jewellers Price-to-Net-Current-Asset-Value vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veerkrupa Jewellers's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Veerkrupa Jewellers's Price-to-Net-Current-Asset-Value falls into.


BOM:543545
64GF Score
Veerkrupa Jewellers Ltd BOM:543545
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Veerkrupa Jewellers Net Current Asset Value Calculation

Veerkrupa Jewellers's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(215.979-81.482-0-0)/131.053
=1.03

Veerkrupa Jewellers's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(215.979-81.482-0-0)/131.053
=1.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹1.03 mean?
Veerkrupa Jewellers (BOM:543545) has a Net Current Asset Value of ₹1.03 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Veerkrupa Jewellers and its competitors. This is near median its historical median of 1.08. Over the past decade, Veerkrupa Jewellers' Net Current Asset Value has ranged from 0.49 to 6.06. According to the industry distribution chart, Veerkrupa Jewellers ranks #28 out of 560 companies in the Retail - Cyclical industry, placing it in the top 5%.
Is Veerkrupa Jewellers' Net Current Asset Value too high?
Veerkrupa Jewellers' current Net Current Asset Value of ₹1.03 is near median its 10-year median of 1.08. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 6.06. Based on the distribution chart, Veerkrupa Jewellers ranks #28 out of 560 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, Veerkrupa Jewellers has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Veerkrupa Jewellers' Net Current Asset Value compare to TPR?
According to the Retail - Cyclical industry distribution chart, Veerkrupa Jewellers ranks #28 out of 560 companies for Net Current Asset Value. This places Veerkrupa Jewellers in the top 5% of its industry — outperforming the majority of peers. The industry median Net Current Asset Value is 3.16. Historically, Veerkrupa Jewellers' own Net Current Asset Value has ranged from 0.49 to 6.06 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Retail - Cyclical company?
The median Net Current Asset Value among Retail - Cyclical companies is 3.16, based on 560 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Veerkrupa Jewellers and its competitors. For the Retail - Cyclical industry, the median Net Current Asset Value is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Veerkrupa Jewellers's current Net Current Asset Value is ₹1.03, which is near median its own 10-year median of 1.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Veerkrupa Jewellers stock overvalued right now?
Based on GuruFocus' analysis, Veerkrupa Jewellers (BOM:543545) is currently considered Possible Value Trap. The stock's GF Value™ is ₹4.03, compared to a current price of ₹0.53 — trading 86.8% below its estimated fair value. The current Net Current Asset Value is ₹1.03, which is near median its 10-year median of 1.08. Veerkrupa Jewellers' overall GF Score™ is 64/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Veerkrupa Jewellers (BOM:543545), the current Net Current Asset Value is ₹1.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Veerkrupa Jewellers (BOM:543545) Overvalued in 2026?

Based on GuruFocus' analysis, Veerkrupa Jewellers stock appears to be undervalued. The current stock price of ₹0.53 is trading 86.8% below its estimated GF Value™ of ₹4.03. GuruFocus considers Veerkrupa Jewellers to be Possible Value Trap.

Key valuation signals for BOM:543545:

  • Net Current Asset Value: ₹1.03 (near median its 10-year median of 1.08)
  • GF Value™: ₹4.03 vs. price of ₹0.53 (86.8% below fair value)
  • GF Score™: 64/100 with 5 warning signs

No single metric tells the full story. See the BOM:543545 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Veerkrupa Jewellers Business Description

Address Near Satyam Schoo, Shop No. 7, Vrundavan Residency, Opposite Dharmnath Prabhu Society, Naroda, Ahmedabad, GJ, IND, 382330
Veerkrupa Jewellers Ltd is engaged in the jewellery business including the sale of silver, gold, studded and other jewellery products. The company's jewellery is made of gold, silver, studded and other jewellery products that includes diamond, platinum and other precious and semi-precious stones.
64GF Score

Get the complete analysis for BOM:543545

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹0.53
Price
₹4.03
GF Value