Key Financial Figures (INR Lakhs)

Financial Performance Comparison:

| Particulars | 31/03/2026 | 31/03/2025 |

| Revenue from Operations | 9178.57 | 4196.05 |

| Other Income | 9.53 | 52.64 |

| Total Revenue | 9188.10 | 4248.69 |

| Total Expenses | 9084.36 | 4225.44 |

| Profit Before Tax | 103.74 | 23.26 |

| Tax Expense | 27.83 | 6.01 |

| Profit After Tax | 75.91 | 17.24 |

Financial Position as at March 31, 2026:

  • Authorised Share Capital: ₹720.00 lakhs (72,00,000 equity shares of ₹10 each)
  • Paid-up Share Capital: ₹603.65 lakhs (60,63,500 equity shares of ₹10 each)
  • Reserves & Surplus: ₹1108.33 lakhs
  • Total Assets: ₹1844.05 lakhs
  • Inventories: ₹1550.56 lakhs
  • Trade Receivables: ₹157.41 lakhs
  • Cash and Cash Equivalents: ₹13.95 lakhs
  • Short Term Borrowings: ₹33.01 lakhs

Share Capital Changes

During FY 2025-26, the company allotted equity shares on various dates:

  • 6,50,000 Equity Shares on August 22, 2025
  • 4,26,000 Equity Shares on September 10, 2025
  • 5,74,000 Equity Shares on October 6, 2025
  • 7,85,000 Equity Shares on December 23, 2025
  • Total equity shares allotted during year: 24,35,000 shares

The company also allotted 25,00,000 Equity Warrants on August 22, 2025.

Director Changes and Appointments

  • Mr. Soham Kamlesh Lodhiya was appointed as Whole-time Director with effect from September 3, 2025
  • Ms. Asha Rameshwarlal Jain resigned as Company Secretary and Compliance Officer effective January 31, 2026
  • Ms. Anchal Surya Prakash Patwari appointed as Company Secretary and Compliance Officer effective March 28, 2026
  • Ms. Pratibha Kamlesh Lodhiya (DIN: 09547590) retires by rotation and offers herself for re-appointment at AGM

Board Composition as on March 31, 2026

  • Mr. Kamlesh Keshavlal Lodhiya - Chairman & Managing Director
  • Ms. Charmi Kamlesh Lodhiya - Whole Time Director & CFO
  • Mr. Soham Kamlesh Lodhiya - Whole Time Director
  • Mrs. Pratibha Kamlesh Lodhiya - Director
  • Mr. Karan Paragbhai Kothari - Independent Director
  • Ms. Sona Bachani - Independent Director

Committee Composition

Audit Committee:

  • Mr. Karan Paragbhai Kothari (Chairperson)
  • Ms. Sona Bachani (Member)
  • Mr. Kamlesh Keshavlal Lodhiya (Member)

Nomination & Remuneration Committee:

  • Mr. Karan Paragbhai Kothari (Chairperson)
  • Ms. Sona Bachani (Member)
  • Mrs. Pratibha Kamlesh Lodhiya (Member)

Stakeholders Relationship Committee:

  • Ms. Sona Bachani (Chairperson)
  • Mr. Kamlesh Keshavlal Lodhiya (Member)
  • Ms. Charmi Kamlesh Lodhiya (Member)

Key Managerial Personnel Remuneration (INR)

  • Mr. Kamlesh Keshavlal Lodhiya (MD): ₹18,00,000
  • Ms. Charmi Kamlesh Lodhiya (WTD & CFO): ₹12,00,000
  • Ms. Asha Rameshwarlal Jain (CS, resigned): ₹1,35,000

Dividend Declaration

No dividend recommended for FY 2025-26 to conserve profits for future contingencies.

Auditor Fees (INR Lakhs)

  • Statutory Audit: ₹0.30
  • Tax Audit: ₹0.15
  • Total: ₹0.45

Auditor Opinion

Unmodified audit opinion with no adverse remarks, qualifications, or reservations. No frauds reported by auditors.

Key Financial Ratios

Significant changes in key financial ratios (change of 25% or more):

  • Debtors Turnover Ratio: Decreased from 266.92 to 53.48
  • Interest Coverage Ratio: Improved from 1.89 to 7.60
  • Current Ratio: Increased from 2.60 to 23.65
  • Debt Equity Ratio: Decreased from 0.56 to 0.02
  • Operating Profit Margin: Improved from 0.55% to 1.13%
  • Net Profit Margin: Improved from 0.41% to 0.83%
  • Return on Net Worth: Improved from 1.97% to 4.29%

Corporate Governance

Corporate Governance provisions under Regulation 15(2) of SEBI (LODR) Regulations, 2015 not applicable as company is listed on BSE SME platform.

Annual General Meeting

4th Annual General Meeting to be held on Wednesday, September 30, 2026 at 11:30 am at registered office in Ahmedabad.

Business Operations

The company is engaged in manufacturing and designing of Gold & Diamond Jewellery. No change in nature of business during the year.

Internal Financial Controls

Auditors expressed unmodified opinion on adequacy and operating effectiveness of internal financial controls system.

Related Party Transactions

All related party transactions were on arm's length basis in ordinary course of business. No material significant related party transactions exceeding 10% of annual consolidated turnover.

Risk Factors

Identified risks include price volatility of gold and diamonds, macroeconomic factors affecting discretionary spending, and regulatory compliance requirements.

Forward Outlook

Positive outlook for FY 2026-27 supported by strong domestic demand, favorable demographics, and rising exports. Company intends to strengthen retail presence and invest in digital platforms.