Financial Performance - Q4 FY26 (₹ lakhs)
Revenue from Operations: ₹22,634.57 (Q4 FY25: ₹10,634.20), representing 112.84% year-on-year growth
Gross Profit: ₹2,321.17 (Q4 FY25: ₹813.99), representing 185.15% year-on-year growth
Gross Profit Margin: 10.25% (Q4 FY25: 7.65%), improvement of 260 basis points
EBITDA: ₹1,889.24 (Q4 FY25: ₹407.53), representing 363.58% year-on-year growth
EBITDA Margin: 8.35% (Q4 FY25: 3.83%), improvement of 452 basis points
Profit After Tax: ₹1,066.17 (Q4 FY25: ₹180.99), representing 489.07% year-on-year growth
PAT Margin: 4.17% (Q4 FY25: 1.70%), improvement of 247 basis points
Quarterly Comparison (Q4 FY26 vs Q3 FY26)
Revenue Growth: 11.11% quarter-on-quarter (Q3 FY26: ₹20,371.32 lakhs)
Gross Profit Growth: 55.00% quarter-on-quarter (Q3 FY26: ₹1,497.58 lakhs)
EBITDA Growth: 74.62% quarter-on-quarter (Q3 FY26: ₹1,081.87 lakhs)
PAT Growth: 73.50% quarter-on-quarter (Q3 FY26: ₹614.51 lakhs)
Full Year Financial Performance (₹ lakhs)
Revenue from Operations: ₹72,563.09 (FY25: ₹37,175.92), representing 95.81% year-on-year growth
Gross Profit: ₹7,371.62 (FY25: ₹4,118.12), representing 78.99% year-on-year growth
Gross Profit Margin: 10.16% (FY25: 11.08%), contraction of 92 basis points
EBITDA: ₹5,761.60 (FY25: ₹2,679.96), representing 114.99% year-on-year growth
EBITDA Margin: 7.94% (FY25: 7.21%), improvement of 73 basis points
Profit After Tax: ₹3,576.78 (FY25: ₹1,575.40), representing 127.03% year-on-year growth
PAT Margin: 4.93% (FY25: 4.24%), improvement of 69 basis points
Strategic Developments
The company underwent strategic restructuring during the year with two significant corporate actions:
1. Merger of Narbada Gems & Jewellery Limited with the company
2. Acquisition of the running business of Sanghi Jewellers Private Limited in the previous year
These actions have contributed to scale expansion and improved operational leverage, supporting the company's strong financial performance during the year. The current financial results reflect the impact of both the merger and acquisition, presenting the consolidated performance of the restructured business operations.
Management Commentary
Mr. Sanjay Kumar Sanghi, Chairman & Managing Director (Corporate Affairs), stated: "Our performance during the year reflects strong demand conditions and the positive impact of our strategic initiatives, including the merger, which has strengthened our operational capabilities and market presence. Despite margin pressures, we delivered robust growth in profitability, demonstrating the benefits of scale and efficiency. We remain focused on leveraging these strengths to drive long-term value for our stakeholders."
Growth Drivers
The strong revenue growth was primarily driven by favorable movements in gold prices. The company benefited from enhanced operating leverage and resilient demand in the jewellery market.
Company Business Overview
Uday Jewellery Industries Limited is engaged in the manufacturing of gold and diamond jewellery, offering a diverse range of products that cater to evolving consumer preferences. The company focuses on quality craftsmanship, innovative designs, and customer trust.