Key Financial Figures (Standalone)

  • Net Sales: ₹1020.46 lakh (FY26) vs ₹0 lakh (FY25) vs ₹4682.29 lakh (FY24)
  • Other Income: ₹128.91 lakh (FY26) vs ₹51.66 lakh (FY25) vs ₹93.25 lakh (FY24)
  • Total Income: ₹1149.37 lakh (FY26) vs ₹51.66 lakh (FY25) vs ₹4775.54 lakh (FY24)
  • PBIT: ₹36.35 lakh (FY26) vs ₹9.13 lakh (FY25) vs ₹91.68 lakh (FY24)
  • PBT: ₹34.74 lakh (FY26) vs ₹6.94 lakh (FY25) vs ₹21.26 lakh (FY24)
  • PAT: ₹29.32 lakh (FY26) vs ₹5.86 lakh (FY25) vs ₹17.15 lakh (FY24)
  • Basic & Diluted EPS: ₹0.01 (FY26) vs ₹0.003 (FY25) vs ₹0.01 (FY24)
  • Equity Capital: ₹1978.68 lakh (unchanged across all three years)
  • Net Worth: ₹4509.47 lakh (FY26) vs ₹4480.16 lakh (FY25) vs ₹4474.30 lakh (FY24)
  • Book Value per share: ₹2.28 (FY26) vs ₹2.26 (FY25) vs ₹2.26 (FY24)
  • Operating Profit Margin: 3.41% (FY26) vs Not Available (FY25) vs 1.91% (FY24)
  • Net Profit Margin: 2.87% (FY26) vs Not Available (FY25) vs 0.37% (FY24)

Key Financial Figures (Consolidated)

  • Revenue from operations: ₹17319.35 lakh (FY26) vs ₹16847.13 lakh (FY25)
  • Other Income: ₹128.91 lakh (FY26) vs ₹51.66 lakh (FY25)
  • Total Revenue: ₹17508.26 lakh (FY26) vs ₹16898.79 lakh (FY25)
  • PBT: ₹264.56 lakh (FY26) vs ₹80.95 lakh (FY25)
  • PAT: ₹257.59 lakh (FY26) vs ₹77.87 lakh (FY25)
  • Basic & Diluted EPS: ₹0.13 (FY26) vs ₹0.04 (FY25)

AGM Details

  • Date: Monday, September 28, 2026
  • Time: 11:00 A.M. (IST)
  • Venue: Through Video Conferencing/Other Audio-Visual Means
  • Book Closure: September 21, 2026 to September 28, 2026 (both days inclusive)
  • E-Voting Period: From 09:00 A.M. on September 25, 2026 to 05:00 P.M. on September 27, 2026

Agenda Items

Ordinary Business

1. Adoption of Standalone and Consolidated Audited Financial Statements for year ended March 31, 2026

2. Appointment of Mr. Premjibhai Kanani (DIN: 01567443) as director liable to retire by rotation

Special Business

3. Re-appointment of Mr. Premjibhai Kanani as Whole-time Director for 5 years from August 1, 2027 with remuneration not exceeding ₹30,00,000 per annum

4. Re-appointment of Mr. Harshil Kanani as Managing Director for 5 years from August 1, 2027 with basic salary not exceeding ₹60,00,000 per annum

5. Approval for continuation of directorship of Mr. Darsh Lavjibhai Kanani under Regulation 17(1D) of SEBI LODR Regulations

Board of Directors

  • Mr. Premjibhai D. Kanani - Chairman, Whole-time Director
  • Mr. Harshil P. Kanani - Managing Director
  • Mr. Darsh Lavjibhai Kanani - Non-Executive and Non-Independent Director
  • Mr. Tejas Choksi - Independent Director
  • Mr. Satyam Jaiswal - Independent Director
  • Mrs. Shiwaginee Jaiswal - Independent Director

Key Managerial Personnel

  • Mr. Mehul S. Kundariya - Company Secretary & Compliance Officer
  • Mr. Darshak A. Pandya - Chief Financial Officer

Dividend

No dividend declared or recommended for the financial year 2025-26.

Transfer to Reserves

The entire amount of profits has been retained in the profit and loss account.

Factory

Plot No.42, Surat Special Economic Zone, Near Sachin Rly. Stn. Sachin, Dist.: Surat, Gujarat - 394230

Statutory Auditors

M/s. JMMK & Co., Chartered Accountants

Registrar and Share Transfer Agent

MUFG Intime India Private Limited (changed from Link Intime India Private Limited effective December 31, 2024)

Bankers

Bank of Baroda

Capital Structure

Paid-up Equity Share Capital: ₹19,78,68,000 comprising 19,78,68,000 equity shares of ₹1 each

Related Party Transactions

Transactions with related parties were on arm's length basis and in ordinary course of business. No materially significant related party transactions were reported.

Corporate Governance

The company has complied with corporate governance requirements as per SEBI LODR Regulations. The corporate governance report is included in the annual report.

Internal Financial Controls

The company has adequate internal financial controls systems which were operating effectively.

Risk Management

The company has identified risks including gold price fluctuations, forex risks, and diamond price volatility as key concerns for the gems and jewellery business.

Forward Looking Statements

The Management Discussion and Analysis contains forward-looking statements subject to risks and uncertainties. The company does not undertake any obligation to update these statements.