Manoj Jewellers (BOM:544400) Scaled Net Operating Assets: 1.22 (As of Mar. 2026)

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BOM:544400 Manoj Jewellers Ltd BOM:544400
48 GF Score
Price ₹42.00
! 5 Warning Signs
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What is Manoj Jewellers Scaled Net Operating Assets?

Manoj Jewellers BOM:544400 48 Scaled Net Operating Assets is 1.22 as of Mar. 2026. GuruFocus rates BOM:544400 with a GF Score™ of 48/100. The stock has 5 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Manoj Jewellers's operating assets for the quarter that ended in Mar. 2026 was ₹586 Mil. Manoj Jewellers's operating liabilities for the quarter that ended in Mar. 2026 was ₹44 Mil. Manoj Jewellers's Total Assets for the quarter that ended in Sep. 2025 was ₹446 Mil. Therefore, Manoj Jewellers's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 1.22.


Manoj Jewellers Scaled Net Operating Assets Historical Data

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The historical data trend for Manoj Jewellers's Scaled Net Operating Assets 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.

Manoj Jewellers Scaled Net Operating Assets Chart

Manoj Jewellers Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Scaled Net Operating Assets
Get a 7-Day Free Trial 0.94 0.73 1.67 1.26 1.54

Manoj Jewellers Semi-Annual Data
Mar20 Mar21 Mar22 Mar23 Mar24 Sep24 Mar25 Sep25 Mar26
Scaled Net Operating Assets Get a 7-Day Free Trial Premium Member Only 1.67 1.17 0.98 1.13 1.22

BOM:544400 vs TPR: Scaled Net Operating Assets Comparison

For the Luxury Goods subindustry, Manoj Jewellers's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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.


Manoj Jewellers Scaled Net Operating Assets vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Manoj Jewellers's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Manoj Jewellers's Scaled Net Operating Assets falls into.


BOM:544400
48GF Score
Manoj Jewellers Ltd BOM:544400
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Manoj Jewellers Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Manoj Jewellers's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2026 )
=(Operating Assets (A: Mar. 2026 )-Operating Liabilities (A: Mar. 2026 ))/Total Assets (A: Mar. 2025 )
=(585.97-43.988)/352.521
=1.54

where

Operating Assets(A: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=605.68 - 19.71
=585.97

Operating Liabilities(A: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=217.064 - 90.539 - 82.537
=43.988

Manoj Jewellers's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Sep. 2025 )
=(585.97-43.988)/445.809
=1.22

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=605.68 - 19.71
=585.97

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=217.064 - 90.539 - 82.537
=43.988

* 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 Scaled Net Operating Assets of 1.22 mean?
Manoj Jewellers (BOM:544400) has a Scaled Net Operating Assets of 1.22 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Manoj Jewellers and its competitors.
Is Manoj Jewellers' Scaled Net Operating Assets too high?
Manoj Jewellers' current Scaled Net Operating Assets is 1.22. Overall, Manoj Jewellers has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does Manoj Jewellers' Scaled Net Operating Assets compare to TPR?
Manoj Jewellers' Scaled Net Operating Assets of 1.22 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Retail - Cyclical company?
A good Scaled Net Operating Assets depends on the Retail - Cyclical industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Manoj Jewellers and its competitors. Manoj Jewellers's current Scaled Net Operating Assets is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manoj Jewellers stock overvalued right now?
Manoj Jewellers (BOM:544400) has a current Scaled Net Operating Assets of 1.22. The current Scaled Net Operating Assets is 1.22. Manoj Jewellers' overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Manoj Jewellers (BOM:544400), the current Scaled Net Operating Assets is 1.22 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.

Manoj Jewellers Business Description

Address No. 59, NSC Bose Road, Sowcarpet, Chennai, TN, IND, 600001
Manoj Jewellers Ltd is engaged in the retail and wholesale business of jewellery and ornaments made from gold and diamonds, embellished with precious and semiprecious stones. Its extensive portfolio includes a wide range of items such as rings, earrings, armlets, pendants, nose rings, bracelets, chains, necklaces, bangles, and other wedding jewellery pieces. Its diverse collection caters to various tastes and occasions, offering customers a selection of exquisite pieces to choose from. The company aims to provide high-quality and beautifully crafted jewellery to meet the needs and preferences of its clients.
48GF Score

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

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