Board Meeting Details
The Meeting of the Board of Directors commenced at 05:50 p.m. and concluded at 08:00 p.m. on October 31, 2026.
Key Board Approvals
1. Approved the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended September 30, 2026
2. Ratification of 'Priority Jewels Limited- Employees Stock Option Plan 2025' (PJL ESOP - 2025), subject to shareholder approval at ensuing AGM
3. Ratification of extension of PJL ESOP - 2025 to employees of Subsidiary Company(ies) and/or Associate Company(ies), Holding Company(ies), subject to shareholder approval
4. Approval of notice for calling of 19th Annual General Meeting for financial year ended March 31, 2026
Financial Results Overview
Consolidated Financial Results (Amounts in millions)
| Particulars | Quarter Ended 30.09.2026 | Half Year Ended 30.09.2026 |
| Total Revenue | 1,835.34 | 3,309.33 |
| Profit/(loss) after tax | 65.36 | 130.07 |
| Total Comprehensive Income | 66.40 | 131.53 |
Standalone Financial Results (Amounts in millions)
| Particulars | Quarter Ended 30.09.2026 | Half Year Ended 30.09.2026 |
| Total Revenue | 1,745.90 | 3,149.37 |
| Profit/(loss) for the period | 65.16 | 130.85 |
| Total Comprehensive Income | 66.19 | 132.30 |
Subsidiary Performance (Amounts in millions)
Venice Dia Jewel Private Limited
| Particulars | Quarter Ended 30.09.2026 | Half Year Ended 30.09.2026 |
| Total Revenue | 82.89 | 153.41 |
| Net Profit/loss | 1.96 | (0.75) |
Acura Jewels Private Limited
| Particulars | Quarter Ended 30.09.2026 | Half Year Ended 30.09.2026 |
| Total Revenue | NIL | NIL |
| Net Profit/loss | 0.00 | 0.00 |
Bombay Carats.Com Private Limited
| Particulars | Quarter Ended 30.09.2026 | Half Year Ended 30.09.2026 |
| Total Revenue | NIL | NIL |
| Net Profit/loss | 0.00 | 0.00 |
Associate Company Performance
Brillix Private Limited (Associate Company) contributed:
- Share of profit after tax of ₹0.01 million for quarter ended September 30, 2026
- Share of profit after tax of ₹0.02 million for period from April 01, 2026 to September 30, 2026
Earnings Per Share (EPS)
Pre-IPO EPS (₹10 face value)
| Period | Basic EPS | Diluted EPS |
| Quarter Ended 30.09.2026 | 4.73 | 4.73 |
| Half Year Ended 30.09.2026 | 9.72 | 9.72 |
Post-IPO EPS (₹10 face value)
| Period | Basic EPS | Diluted EPS |
| Quarter Ended 30.09.2026 | 4.49 | 4.49 |
| Half Year Ended 30.09.2026 | Not disclosed | Not disclosed |
IPO Details
The Company completed its Initial Public Offering (IPO) of 45,75,000 equity shares of face value of ₹10 each at an issue price of ₹200 per equity share (including share premium of ₹190 per equity share) aggregating to ₹915 million. Listing occurred on September 4, 2026, on NSE and BSE.
IPO Proceeds Utilization (Amounts in millions)
| Item Head | Proposed in Offer Document | Amount Utilized up to 30 Sept, 2026 | Amount Unutilized as on 30 Sept, 2026 |
| Issue Related Expenses | 133.23 | 121.13 | 12.10 |
| Repayment/pre-payment of working capital borrowings | 750.00 | 671.20 | 78.80 |
| General Corporate Purposes | 188.52 | 180.90 | 7.62 |
| TOTAL | 1,071.75 | 973.23 | 98.52 |
Financial Position
Consolidated Assets and Liabilities as at September 30, 2026 (Amounts in millions)
| Particulars | September 30, 2026 | March 31, 2026 |
| Total Assets | 4,079.95 | 2,919.54 |
| Total Equity | 2,339.67 | 1,386.06 |
| Total Liabilities | 1,740.28 | 1,533.48 |
Standalone Assets and Liabilities as at September 30, 2026 (Amounts in millions)
| Particulars | September 30, 2026 | March 31, 2026 |
| Total Assets | 3,823.31 | 2,865.00 |
| Total Equity | 2,343.07 | 1,388.69 |
| Total Liabilities | 1,480.14 | 1,476.32 |
Cash Flow Statements
Consolidated Cash Flows for half year ended September 30, 2026 (Amounts in millions)
| Particulars | Amount |
| Net cash flow from operating activities | (291.22) |
| Net cash flow from investing activities | (45.21) |
| Net cash flow from financing activities | 482.71 |
| Net increase in cash and cash equivalents | 146.28 |
Standalone Cash Flows for half year ended September 30, 2026 (Amounts in millions)
| Particulars | Amount |
| Net cash flow from operating activities | (216.60) |
| Net cash flow from investing activities | (30.64) |
| Net cash flow from financing activities | 398.60 |
| Net increase in cash and cash equivalents | 151.37 |
Additional Information
- Company operates in single segment of manufacturing and trading of jewellery
- AGM details to be intimated separately
- Comparative numbers for quarter ended September 30, 2025 were not audited/reviewed by statutory auditors