Grover Jewells (NSE:GJL) Scaled Net Operating Assets: 1.63 (As of Mar. 2025)

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NSE:GJL Grover Jewells Ltd NSE:GJL
18 GF Score
Price ₹153.00
! 2 Warning Signs
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What is Grover Jewells Scaled Net Operating Assets?

Grover Jewells NSE:GJL -4.38% 18 Scaled Net Operating Assets is 1.63 as of Mar. 2025. GuruFocus rates NSE:GJL with a GF Score™ of 18/100. The stock has 2 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.

Grover Jewells's operating assets for the quarter that ended in Mar. 2025 was ₹265 Mil. Grover Jewells's operating liabilities for the quarter that ended in Mar. 2025 was ₹38 Mil. Grover Jewells's Total Assets for the quarter that ended in Mar. 2024 was ₹139 Mil. Therefore, Grover Jewells's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2025 was 1.63.


Grover Jewells Scaled Net Operating Assets Historical Data

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The historical data trend for Grover Jewells'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.

Grover Jewells Scaled Net Operating Assets Chart

Grover Jewells Annual Data
Trend Mar23 Mar24 Mar25
Scaled Net Operating Assets
0.82 1.06 1.63

Grover Jewells Semi-Annual Data
Mar23 Mar24 Mar25
Scaled Net Operating Assets 0.82 1.06 1.63

NSE:GJL vs TPR: Scaled Net Operating Assets Comparison

For the Luxury Goods subindustry, Grover Jewells'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.


Grover Jewells Scaled Net Operating Assets vs Retail - Cyclical Industry

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

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


NSE:GJL
18GF Score
Grover Jewells Ltd NSE:GJL
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Grover Jewells 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.

Grover Jewells's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Mar. 2025 )
=(Operating Assets (A: Mar. 2025 )-Operating Liabilities (A: Mar. 2025 ))/Total Assets (A: Mar. 2024 )
=(265.393-38.114)/139.066
=1.63

where

Operating Assets(A: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=298.45 - 33.057
=265.393

Operating Liabilities(A: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=131.525 - 57.889 - 35.522
=38.114

Grover Jewells's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2025 )
=(Operating Assets (Q: Mar. 2025 )-Operating Liabilities (Q: Mar. 2025 ))/Total Assets (Q: Mar. 2024 )
=(265.393-38.114)/139.066
=1.63

where

Operating Assets(Q: Mar. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=298.45 - 33.057
=265.393

Operating Liabilities(Q: Mar. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=131.525 - 57.889 - 35.522
=38.114

* 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 1.63 mean?
Grover Jewells (NSE:GJL) has a Scaled Net Operating Assets of 1.63 as of Mar. 2025. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Grover Jewells and its competitors.
Is Grover Jewells' Scaled Net Operating Assets too high?
Grover Jewells' current Scaled Net Operating Assets is 1.63. Overall, Grover Jewells has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Grover Jewells' Scaled Net Operating Assets compare to TPR?
Grover Jewells' Scaled Net Operating Assets of 1.63 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 Grover Jewells and its competitors. Grover Jewells's current Scaled Net Operating Assets is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grover Jewells stock overvalued right now?
Grover Jewells (NSE:GJL) has a current Scaled Net Operating Assets of 1.63. The current Scaled Net Operating Assets is 1.63. Grover Jewells' overall GF Score™ is 18/100 with 2 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 Grover Jewells (NSE:GJL), the current Scaled Net Operating Assets is 1.63 as of Mar. 2025. 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.

Grover Jewells Business Description

Address Lawrance Road Industrial Area, House No C-44/5, 1st Floor, Keshavpuram Ind Area, North West, Delhi, IND, 110035
Grover Jewells Ltd specializes in the manufacturing and designing of a wide range of wholesale gold jewellery. Its collections include plain gold, studded, and semi-finished jewellery, mostly available in 22 Karat, 20 Karat, and 18 Karat. The company also sell hallmarked as well as non-hallmarked jewellery in its showrooms located at Karol Bagh, New Delhi and Chandni Chowk, Delhi. The company commenced its operations with a specialization in the large-scale manufacturing of gold chains, serving both wholesale and retail markets. By offering products across various styles and price segments, it is able to cater to a wide customer base while maintaining the highest standards of craftsmanship, reliability, and trust that form the cornerstone of its brand.
18GF Score

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