Board Meeting Details

The Board of Directors meeting was held on 14th November 2026 (adjourned from 12th November 2026) from 03:30 PM to 04:00 PM. The board considered and approved the Un-Audited Financial Results for the half year ended 30th September 2026.

Financial Results Overview

Revenue Performance:

  • Revenue from Operations: ₹1,925.74 lakhs for H1 FY27 (compared to ₹1,502.11 lakhs in H1 FY26)
  • Other Income: ₹0.01 lakhs (same as previous year)
  • Total Income: ₹1,925.75 lakhs

Expense Breakdown:

  • Purchase of Traded Goods: ₹2,254.21 lakhs
  • Changes in Inventories: ₹(896.06) lakhs
  • Employee Benefits Expense: ₹46.59 lakhs
  • Finance Costs: ₹105.54 lakhs
  • Depreciation and amortization: ₹17.33 lakhs
  • Other Expenses: ₹101.61 lakhs
  • Total Expenses: ₹1,629.22 lakhs

Profitability:

  • Profit Before Tax: ₹296.53 lakhs (compared to ₹465.27 lakhs in H1 FY26)
  • Tax Expense: ₹77.77 lakhs (Current Tax: ₹74.63 lakhs, Deferred Tax: ₹3.14 lakhs)
  • Profit for the period: ₹225.04 lakhs (compared to ₹350.85 lakhs in H1 FY26)
  • Basic and Diluted EPS: ₹7.48

Balance Sheet Position (as at 30th September 2026)

Equity and Liabilities:

  • Share Capital: ₹301.00 lakhs (unchanged)
  • Reserves & Surplus: ₹1,500.83 lakhs (increased from ₹951.39 lakhs)
  • Long-Term Borrowings: ₹648.75 lakhs (increased from ₹393.80 lakhs)
  • Short-Term Borrowings: ₹2,044.81 lakhs (increased from ₹1,849.07 lakhs)
  • Total Liabilities: ₹5,704.97 lakhs

Assets:

  • Property, Plant & Equipment: ₹145.67 lakhs
  • Inventories: ₹5,254.21 lakhs (significant increase from ₹4,358.15 lakhs)
  • Trade Receivables: ₹71.77 lakhs
  • Cash & Cash Equivalents: ₹0.63 lakhs
  • Total Assets: ₹5,704.97 lakhs

Cash Flow Statement

Operating Activities:

  • Cash generated from operations: ₹(297.49) lakhs (negative)
  • Income Tax paid: ₹4.70 lakhs
  • Net Cash flow from Operating activities: ₹(302.19) lakhs

Investing Activities:

  • Purchase of Tangible Assets: ₹(2.41) lakhs
  • Net Cash used in Investing activities: ₹(2.41) lakhs

Financing Activities:

  • Proceeds from Long term Borrowings: ₹254.96 lakhs
  • Increase in Short Term Borrowings: ₹195.74 lakhs
  • Interest and Finance Costs paid: ₹(105.54) lakhs
  • Net Cash from financing activities: ₹345.15 lakhs

Additional Information

  • The company is primarily engaged in retail sale of jewellery, ornaments, bullion, and other diamond and gold jewellery products/accessories through wholesale and retail outlets based in Chandigarh.
  • The financial results were reviewed by the Audit Committee and approved by the Board of Directors.
  • Mehan Associates, Chartered Accountants, conducted the limited review as required under Regulation 33 of SEBI (LODR) Regulations 2015 and issued an unqualified report.
  • Previous year figures have been regrouped/rearranged for comparability.