Financial Performance Highlights

Quarterly Performance (Q4 FY26 vs Q4 FY25):

  • Revenue from Operations: ₹22,634.57 lakhs (vs ₹10,634.20 lakhs in Q4 FY25)
  • Other Income: ₹403.77 lakhs (vs ₹24.74 lakhs in Q4 FY25)
  • Total Income: ₹23,038.34 lakhs (vs ₹10,658.94 lakhs in Q4 FY25)
  • Profit Before Tax: ₹1,517.33 lakhs (vs ₹264.42 lakhs in Q4 FY25)
  • Net Profit: ₹1,066.17 lakhs (vs ₹180.99 lakhs in Q4 FY25)
  • Basic EPS: ₹4.52 (vs ₹0.56 in Q4 FY25)

Annual Performance (FY26 vs FY25):

  • Revenue from Operations: ₹72,563.09 lakhs (vs ₹37,175.92 lakhs in FY25)
  • Other Income: ₹799.50 lakhs (vs ₹108.40 lakhs in FY25)
  • Total Income: ₹73,362.59 lakhs (vs ₹37,284.33 lakhs in FY25)
  • Profit Before Tax: ₹4,860.62 lakhs (vs ₹2,131.73 lakhs in FY25)
  • Net Profit: ₹3,576.78 lakhs (vs ₹1,575.40 lakhs in FY25)
  • Basic EPS: ₹10.78 (vs ₹4.92 in FY25)

Merger Impact and Restatement

The National Company Law Tribunal (NCLT) approved the scheme of merger of Narabada Gems and Jewellery Limited (Transferor Company) with Uday Jewellery Industries Limited (Transferee Company) on January 21, 2026, with an appointed date of April 1, 2024.

Consequently, the financial results for the current year and previous year have been restated to reflect the impact of the merger. All figures have been adjusted to present the standalone performance of the combined entity in compliance with Indian Accounting Standards (Ind AS).

The figures for quarter ended March 31, 2026 and March 31, 2025 represent balancing figures between the audited full-year results and published unaudited year-to-date figures up to the third quarter.

Capital Structure

  • Paid-up Equity Share Capital (face value ₹10): ₹3,360.29 lakhs as of March 31, 2026 (vs ₹3,270.29 lakhs as of March 31, 2025)
  • Reserves: ₹17,302.33 lakhs as of March 31, 2026 (vs ₹12,775.07 lakhs as of March 31, 2025)

Assets and Liabilities Position (as at March 31, 2026)

  • Total Assets: ₹38,053.83 lakhs (vs ₹22,557.31 lakhs as of March 31, 2025)
  • Inventories: ₹20,544.19 lakhs
  • Trade Receivables: ₹13,390.65 lakhs
  • Cash & Cash Equivalents: ₹258.21 lakhs
  • Total Equity: ₹20,741.70 lakhs
  • Borrowings (Current + Non-current): ₹16,278.35 lakhs
  • Trade Payables: ₹15,993.12 lakhs

Cash Flow Statement (FY26)

  • Net Cash from Operating Activities: (₹10,681.70) lakhs
  • Net Cash used in Investing Activities: (₹488.58) lakhs
  • Net Cash from Financing Activities: ₹11,252.37 lakhs
  • Net increase in Cash: ₹82.09 lakhs
  • Cash at beginning of year: ₹176.12 lakhs
  • Cash at end of year: ₹258.21 lakhs

Compliance Certification

Sanjay Kumar Sanghi, Chairman & Managing Director, submitted a declaration confirming that the statutory auditors have issued an audit report with unmodified opinion on the audited financial statements/results for the quarter and year ended March 31, 2026.

Approval Process

The standalone financial results were reviewed and recommended by the Audit Committee and later approved by the Board of Directors in their meeting held on May 28, 2026.