Financial Performance Highlights

Income Statement Performance (₹ Crores):

  • Total Income: FY26 ₹2,051.02 Cr (vs. FY25 ₹1,772.53 Cr)
  • EBITDA: FY26 ₹126.99 Cr (vs. FY25 ₹64.89 Cr)
  • PAT: FY26 ₹89.42 Cr (vs. FY25 ₹44.96 Cr)
  • EPS: FY26 ₹36.10 (vs. FY25 ₹18.15)
  • ROCE: FY26 29.39% (vs. FY25 21.76%)

5-Year CAGR Performance (FY22-FY26):

  • Total Income: 67.91%
  • EBITDA: 96.43%
  • PAT: 128.68%
  • EPS: 82.00%

Half Yearly Breakdown (H2 FY26 vs H2 FY25):

  • Total Income: ₹1,098.26 Cr (vs. ₹1,016.00 Cr)
  • EBITDA: ₹73.21 Cr (vs. ₹36.10 Cr)
  • PAT: ₹50.72 Cr (vs. ₹24.91 Cr)

Expense Analysis (FY26):

  • Raw Material Expenses: ₹1,915.31 Cr
  • Employee Costs: ₹2.64 Cr
  • Other Expenses: ₹6.08 Cr
  • Finance Costs: ₹5.63 Cr
  • Depreciation: ₹0.60 Cr
  • Tax: ₹31.34 Cr

Balance Sheet Position (₹ Crores):

  • Shareholders Fund: ₹319.57 Cr (FY26)
  • Equity: ₹24.75 Cr (unchanged from FY24)
  • Reserves & Surplus: ₹294.82 Cr (FY26 vs ₹206.72 Cr FY25)
  • Non-Current Borrowings: Reduced to ₹0 Cr in FY26 (from ₹5.46 Cr in FY25)
  • Current Borrowings: Increased to ₹110.40 Cr (FY26 vs ₹59.69 Cr FY25)
  • Inventories: ₹407.78 Cr (FY26 vs ₹257.18 Cr FY25)
  • Fixed Assets: ₹25.32 Cr (FY26 vs ₹19.32 Cr FY25)

Company Overview

  • Founded: 1971 by Mr. Tarachand Mehta; incorporated in 1996
  • Headquarters: Chennai, Tamil Nadu, India
  • Business Focus: Legacy-driven jewellery brand with gold, diamond, and precious stone jewellery; designer pieces; coins & bars
  • Markets: Wholesale Distribution & Retail Consumer
  • Quality Standards: BIS Hallmark certified
  • Accreditation: Authorized jeweler on India International Bullion Exchange (IIBX – IFSC Limited); holds Import Export Certificate
  • Listing: BSE SME platform in August 2023

Strategic Developments

  • Launched 10,000 sq. ft. flagship showroom in Sowcarpet, Chennai in 2026
  • Introduced "Vajraa Diamonds" brand
  • Expanded design library to 65,000+ creations
  • Network expanded to 1,000+ Pan-India B2B clients
  • Launched "Jewellery Purchase Plan App"

Operational Strengths

  • 100% insurance coverage for assets
  • Robust security systems and strict inventory audits
  • Integrated process from procurement to sale
  • Dedicated audit team ensuring BIS hallmarking and tax compliance
  • Secure payment gateways and encryption systems

Governance Structure

Mentions Non-Executive Independent Director and Mrs. Rithika Bohra as Non-Executive Director, though specific roles and names of other board members are not detailed in the provided content.

Forward-Looking Statements

The presentation contains forward-looking statements regarding market opportunity and business prospects, with explicit disclaimer that these are subject to risks and uncertainties including economic performance, competition, implementation strategy, growth levels, technological changes, and market risks.