• The document contains the transcript of an analyst meet held on June 1, 2026, conducted through audio mode (online), discussing the Audited Financial Results (Standalone) for the quarter and year ended March 31, 2026.
  • The event was a post-results conference call with management commentary and Q&A session with analysts.
  • Management participants included Mr. Jayesh Chhabildas Shah, Managing Director, who delivered the opening remarks and answered questions.
  • The transcript is available on the company's website at www.sonamquartz.com.
  • The meeting discussed FY26 financial performance and FY27 outlook, with no indication that unpublished price sensitive information (UPSI) was shared.

Financial Performance Discussion

  • FY26 Results: Revenue from operations increased by 64.21% YoY to Rs. 171 crores. EBITDA stood at Rs. 1509 lakhs (growth of 12.31%) with EBITDA margin of 8.79%. Profit after tax increased by 15.63% to Rs. 732 lakhs with PAT margin of 4.26%.
  • Margin Pressure Factors: Management attributed margin pressure to increased raw material costs and geopolitical situations (war scenarios) affecting supply chains.
  • FY27 Guidance: Management provided revenue growth guidance of 25-30% for FY27, citing a strong order book including export orders and corporate orders.

Operational and Strategic Updates

  • Capacity Utilization: Current capacity utilization level is 50-60%.
  • Market Expansion: The company is focusing on expanding its product portfolio with premium offerings (MRP range of Rs. 3000-6000) and strengthening distribution network across India.
  • Online Presence: The company has started selling on Amazon, Flipkart, and Myntra, currently in trial phase to assess return/damage rates before full-scale expansion.
  • Working Capital: Debtor days are 29 days, creditor days are 37 days. Debtors reduced from Rs. 10 crore in FY25 to Rs. 6.73 crores in FY26.

Challenges and Risks

  • Export Impact: Main export market Iraq has been affected due to geopolitical crisis in the Middle East, causing logistical problems and holding up ready goods shipments.
  • Freight Costs: Increased freight costs due to war scenarios affecting profitability.
  • Competition: Market competition mentioned as factor affecting margin percentage growth despite absolute margin improvement.

Additional Notes Section

  • The document includes the full Q&A transcript from the conference call with analysts from HCLLP, Balaji Capital, and SKSE Sec Limited.
  • The transcript contains detailed financial figures and operational metrics as discussed during the call.
  • The disclosure was filed with the National Stock Exchange of India Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.