Is Augmont Enterprises the Best Stock in Its Sector? A Look at the Numbers
- October 15, 2026
- Posted by: Kunal Singla
- Category: Market
Augmont Enterprises CMP Rs 1,359 (15 Oct 2026). Market cap Rs 12,472 Cr. ROE 36.82%. P/E 35.81x versus Industry P/E 53.49x.
Quick Answer
Augmont Enterprises is one of the names investors compare when screening the Diamond & Jewellery sector. Whether it is the best stock in its sector depends on whether an investor prioritises return ratios, valuation or balance sheet strength. This article sets it against two named peers and the sector benchmark so you can judge for yourself.
Is Augmont Enterprises the best stock in its sector? The stock trades on the NSE at Rs 1,359 as of 15 October 2026, within its 52-week range of Rs 806.05 to Rs 1,404.60. The sections below cover the business, the key ratios, a peer comparison and a closer look at valuation.
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About Augmont Enterprises
Augmont Enterprises Ltd, based in Mumbai, is a precious metals company involved in gold and silver bullion, jewellery manufacturing and digital gold, serving retail and business customers. It is a relatively recent listing, so its trading history is shorter than most other names in this series. At a market capitalisation of Rs 12,472 Cr, it is tracked as part of the Diamond & Jewellery sector on Univest.
Is Augmont Enterprises the Best Stock in Its Sector?
Augmont Enterprises makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, backed by its return on equity. Augmont Enterprises’ 35.81x P/E is below the 53.49x Industry P/E and Sky Gold and Diamonds at 43.69x, though above Goldiam International at 22.26x, while its 36.82% ROE is higher than Sky Gold and Diamonds at 22.97% and Goldiam International at 15.42%, and its debt to equity ratio of 0.02 is below Sky Gold and Diamonds at 0.73 and Goldiam International at 0.07.
| Metric | Augmont Enterprises |
|---|---|
| CMP (NSE) | Rs 1,358.90 |
| 52-Week High / Low | Rs 1,404.60 / Rs 806.05 |
| Market Cap | Rs 12,472 Cr |
| P/E (TTM) vs Industry P/E | 35.81x vs 53.49x |
| P/B | 8.17 |
| ROE | 36.82% |
| EPS (TTM) | Rs 38.12 |
| Dividend Yield | 0.00% |
| Debt to Equity | 0.02 |
Compare Augmont Enterprises Against Other Diamond & Jewellery Sector Stocks
How Augmont Enterprises Compares Against Its Diamond & Jewellery Sector Peers
The table below sets Augmont Enterprises against 2 other Diamond & Jewellery sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Augmont Enterprises | 12,472 | 35.81 | 36.82% | 0.02 |
| Sky Gold and Diamonds | 14,994 | 43.69 | 22.97% | 0.73 |
| Goldiam International | 4,696 | 22.26 | 15.42% | 0.07 |
| Peer average (2 companies) | – | 32.98 | 19.20% | 0.40 |
Measured against the peer averages, Augmont Enterprises’ P/E is 9 percent above the 32.98x average, and its ROE is 17.62 percentage points above the 19.20% average. An average of just two companies is a rough guide, so treat the gap as a pointer for further research and not as a verdict.
What Makes Augmont Enterprises Worth Watching in Diamond & Jewellery
- Scale: At Rs 12,472 Cr, its market capitalisation is larger than Goldiam International (Rs 4,696 Cr), though smaller than Sky Gold and Diamonds (Rs 14,994 Cr), which is a useful reminder that the peers differ in size as well as in valuation.
- Sector drivers: Gold price trends and retail participation in digital gold and bullion influence its volumes.
- Key risk: Thin margins in bullion trading and exposure to gold price swings can make earnings volatile, and the short listing history limits long term comparisons.
Augmont Enterprises Valuation: Is It Justified?
At a P/B ratio of 8.17, the market pays about Rs 8.17 for every rupee of book value, and the EPS (TTM) of Rs 38.12 is the earnings base behind the P/E. The stock trades about 3 percent below its 52-week high and about 69 percent above its 52-week low. The company does not currently show a dividend yield, so returns for shareholders depend mainly on the share price. As with any single stock, investors should weigh these figures against their own valuation discipline and risk appetite rather than the sector label alone.
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Download the Univest iOS App or Univest Android App to track Augmont Enterprises and other Diamond & Jewellery sector stocks.
How to Track Augmont Enterprises Before You Invest
Before deciding whether Augmont Enterprises deserves its label as the best stock in its sector for your own portfolio, compare it directly against Diamond & Jewellery sector peers using the steps below.
- Open the Univest Screener and search for Augmont Enterprises to view live price, valuation ratios, and peer comparisons within the Diamond & Jewellery sector.
- Compare its P/E, P/B, and ROE against other Diamond & Jewellery sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Augmont Enterprises gives investors a clear set of numbers to work with, from returns and valuation to leverage and peer standing. Whether it earns the label of best stock in Diamond & Jewellery depends on how much weight you give each of them and on how the business executes from here. Because the stock trades below its sector benchmark, the open question is whether earnings growth will close that gap or whether the discount is deserved. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Augmont Enterprises the best stock in its sector?
Ans. There is no single definitive answer, because the best stock in a sector depends on whether an investor is prioritising returns, valuation or balance sheet strength. Augmont Enterprises has a 36.82% ROE and trades at 35.81x P/E against a 53.49x Industry P/E. Against the 2 peers compared in this article, its ROE is above the 19.20% peer average and its P/E is above the 32.98x peer average. Its debt to equity ratio of 0.02 is below the 0.40 peer average, which matters because borrowing can inflate returns and add risk when business conditions weaken. These figures are best read together rather than in isolation, and they work as a starting point for your own research and not as a verdict.
What is the current share price of Augmont Enterprises?
Ans. Augmont Enterprises was trading at Rs 1,358.90 on the NSE as of 15 October 2026, and its 52-week range runs from Rs 806.05 to Rs 1,404.60. That leaves the share price 3 percent short of the 52-week high and 69 percent clear of the 52-week low. Its market capitalisation is Rs 12,472 Cr and its EPS (TTM) is Rs 38.12, which is the earnings figure behind the 35.81x P/E. Share prices change through the trading day, so check the live quote on Univest before acting on any number here.
What sector does Augmont Enterprises belong to?
Ans. Augmont Enterprises is classified under the Diamond & Jewellery sector on Univest, and that group of listed companies is the reference point for the 53.49x Industry P/E used in this article. The 2 named peers compared here are Sky Gold and Diamonds and Goldiam International, chosen as comparable listed names so that the P/E, ROE and debt figures come from the same live data source. Investors who want a wider view can compare more Diamond & Jewellery sector stocks on the Univest Screener, since no two companies in a sector have exactly the same business mix.
How does Augmont Enterprises compare to its sector peers on P/E?
Ans. Augmont Enterprises’ P/E of 35.81x is above the 32.98x average of the 2 named peers, with Sky Gold and Diamonds at 43.69x and Goldiam International at 22.26x. It also sits below the 53.49x Industry P/E, which is the benchmark for the wider Diamond & Jewellery sector. A P/E that is above a peer average can reflect a valuation discount or premium, but it can also reflect different growth or return expectations, so it should be read alongside ROE and debt. Its P/B ratio of 8.17 gives one more view of how the market values its book value.
What is Augmont Enterprises’ return on equity?
Ans. Augmont Enterprises reported a return on equity of 36.82%, which is above the 19.20% average of its named peers, with Sky Gold and Diamonds at 22.97% and Goldiam International at 15.42%. ROE shows how much profit a company generates on every rupee of shareholders’ equity, so a higher figure generally points to more efficient use of capital. ROE is easier to trust when leverage is modest, and here the debt to equity ratio is 0.02 against a peer average of 0.40. It is worth checking whether the ROE has been stable over several years rather than relying on a single reading.
Should I invest in Augmont Enterprises based on its sector position?
Ans. Sector position is only one input into an investment decision. Augmont Enterprises has a 36.82% ROE and a 35.81x P/E, which make it worth researching further, and its dividend yield is 0.00%. You should also weigh its business outlook, earnings consistency, debt levels, your investment horizon and your own risk appetite before buying. Spreading money across several stocks and sectors reduces concentration risk, and this article is educational content, not investment advice. For personalised guidance, consult a SEBI-registered advisor.
