π Aayush Art β Gold, Lace, and a Suspiciously Shiny Turnaround?
Date of Publishing -
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At a Glance
From zero-profit textile trader to 900% revenue growth jeweller, AABLβs transition is nothing short of miraculous. But behind the βΉ930 stock price lies a P/E of 787, promoter pledging, 27% margin jumps, and some truly eyebrow-raising quarterly gymnastics. Coincidence? Karma? Or something moreβ¦ bullionaire-style?
1. π― Introduction β WTF Is Going On Here?
π Stock up 658% in 1 year, 218% CAGR over 3 years
π° FY25 Net Profit: βΉ1.8 Cr vs βΉ0.26 Cr in FY24
ποΈ FY25 Revenue: βΉ74 Cr vs βΉ7.3 Cr in FY24
π Business pivot from lace to luxury jewellery
π P/E: 787x
π Promoters hold just 20.7%, and 27.4% is pledged
This ainβt your average SME. Itβs either the most underrated multibagger… or the next βMehul Choksi: Surat Chapterβ.
2. πΌ WTF Do They Even Do?
Originally:
π§΅ Sold fabrics, grey cloth, and lace via job work
Focused on low-margin textile trading
Now:
π Full pivot to gold, diamond, silver jewellery
Trading + manufacturing hybrid
Sales model not clearly segmented
No export disclosures, no big retailer tie-ups
Itβs like they found a magic lamp and said, βScrew cotton, bring on the carats.β
3. πΈ Financials β Goldmine or Glittery Mirage?