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