Summary of Key Information:
Reporting Period: Quarter ended June 30, 2026
Nature of Filing / Announcement: Unaudited Standalone Financial Results under Regulation 33 of SEBI LODR
Audit Opinion:
Clean limited review report issued by M/s. NSVR & Associates LLP, Chartered Accountants with no material misstatements identified.
Key Financial Highlights [INR in million]:
Standalone Results:
Revenue from Operations: ₹4,311.11 (Q1 FY27) vs ₹3,100.60 (Q1 FY26) - 39.0% YoY increase
Total Income: ₹4,311.28 (Q1 FY27) vs ₹3,100.63 (Q1 FY26)
Net Profit: ₹267.56 (Q1 FY27) vs ₹210.68 (Q1 FY26) - 27.0% YoY increase
EPS (Basic): ₹3.26 (Q1 FY27) vs ₹2.57 (Q1 FY26)
Other Equity: ₹2,216.70 (as of March 31, 2026)
Expense Breakdown:
Cost of materials consumed: ₹4,488.80
Employee benefits expense: ₹16.35
Finance costs: ₹23.96
Depreciation and amortization expense: ₹4.52
Other expenses: ₹6.54
Tax Expense:
Current tax: ₹90.54
Deferred tax (net): ₹0.38
Total tax expense: ₹90.92
Other Comprehensive Income:
Total other comprehensive income net of tax: ₹0.28
Capital Structure:
Paid-up equity share capital: ₹164.00 million (Face value of ₹2 each)
Corporate Actions:
The company completed its Initial Public Offer (IPO) on September 8, 2026, consisting of:
- Fresh issue of 14,124,293 equity shares of face value ₹2 each at issue price of ₹177 per share (including premium of ₹175 per share)
- Fresh issue aggregating ₹2,500 million
- Offer for sale of 11,848,340 shares aggregating ₹2,097.16 million
Other Significant Information:
- The company operates in a single segment: designing, processing, and supplying hallmarked 22-karat gold jewellery on B2B basis, along with job-work services and trading of jewellery
- Operations are primarily in India
- The company has assessed the impact of Labour Codes notified on November 21, 2025, and continues to monitor Central/State Rules
- Face value of equity shares was sub-divided from ₹10 to ₹2 per share on November 10, 2025
- Bonus shares were allotted on November 10, 2025 in proportion of 3 bonus shares for every 1 fully paid-up equity share
- The company has no subsidiary, associate or joint venture entities