Key Financial Results
Profit & Loss Statement (₹ in lakhs)
For Year Ended March 31, 2026:
- Total Income: ₹1,180.42
- Total Expenses: ₹1,180.42
- Profit Before Tax (PBT): ₹4.41
- Tax Expense: ₹0.77
- Profit for the Year: ₹3.64
- Basic EPS: ₹0.08
- Diluted EPS: ₹0.08
For Half Year Ended March 31, 2026:
- Total Income: ₹187.02
- Total Expenses: ₹187.02
- Profit Before Tax (PBT): ₹2.72
- Tax Expense: ₹0.70
- Profit for the Period: ₹2.03
- Basic EPS: ₹0.04
- Diluted EPS: ₹0.04
Balance Sheet Position as at March 31, 2026 (₹ in lakhs)
Equity and Liabilities:
- Share Capital: ₹462.37
- Reserves and Surplus: ₹1,541.73
- Total Equity: ₹2,004.10
- Short-Term Borrowings: ₹71.35
- Trade Payables: ₹18.51
- Other Current Liabilities: ₹12.52
- Short-Term Provisions: ₹1.87
- Total Current Liabilities: ₹104.25
- Total Equity & Liabilities: ₹2,108.35
Assets:
- Property, Plant & Equipment: ₹17.69
- Deferred Tax Assets: ₹0.22
- Total Non-Current Assets: ₹17.91
- Inventories: ₹1,899.09
- Trade Receivables: ₹77.35
- Cash and Cash Equivalents: ₹60.28
- Other Current Assets: ₹53.72
- Total Current Assets: ₹2,090.44
- Total Assets: ₹2,108.35
Cash Flow Statement (₹ in lakhs)
- Cash from Operations: (₹297.84)
- Cash from Investing Activities: (₹0.98)
- Cash from Financing Activities: (₹25.06)
- Net Change in Cash: (₹323.88)
- Cash at Beginning: ₹384.16
- Cash at End: ₹60.28
Audit and Governance Details
- Statutory Auditors: M/s. Piyush Kothari & Associates (FRN 140711W)
- Audit Opinion: Unmodified opinion issued on the standalone audited financial results
- Board Meeting Date: 26th May, 2026 at 11:00 A.M.
- Meeting Location: Registered office at Diamond Apartments Co-op Housing Society, LT H No. 7/3388/A, 6th floor, C/1, 601, Haththupura Char Rasta, Surat-395003
- Authorized Signatory: Mr. Satish Kalubhai Kansodariya (Managing Director, DIN:08444489)
- Compliance Officer: Priti Mohata (Company Secretary, M. No.: A36910)
Business Operations
- The company is engaged in manufacturing and trading of diamonds primarily in Surat, Gujarat
- Operations include sourcing of rough, polished and uncut diamonds from domestic market suppliers
- Sales are made to retail and wholesale operations in Gujarat and Mumbai
- Single business segment, hence segment reporting not applicable
Additional Information
- Previous year figures have been regrouped/rearranged/reclassified for comparability
- Investor complaints during the year: Nil complaints pending, received, disposed, or unresolved
- The half-year results represent the balancing figure between audited full-year figures and previously published unaudited half-year figures
- Financial results prepared in accordance with Accounting Standards prescribed under Section 133 of Companies Act, 2013