Board Meeting Details
The Board of Directors meeting was held on November 06, 2026, commencing at 15:30 IST and concluding at 16:00 IST. The board approved: (1) The Unaudited Financial results of the Company for the Half Year ended on Sep. 30, 2026, and (2) The Limited Review Report for the said period, as submitted by M/s. P H Shah and Co., Chartered Accountants, Statutory Auditors of the Company.
Financial Results Overview
Balance Sheet Position (as of September 30, 2026)
- Total Equity & Liabilities: ₹2132.14 lakh (compared to ₹2177.24 lakh as of March 31, 2026)
- Share Capital: ₹1310.52 lakh (unchanged from previous period)
- Reserves and Surplus: ₹52.73 lakh (increased from ₹51.89 lakh)
- Short-Term Borrowings: ₹750.14 lakh (decreased from ₹793.57 lakh)
- Total Assets: ₹2132.14 lakh (decreased from ₹2177.24 lakh)
- Inventories: ₹1483.65 lakh (decreased from ₹1718.10 lakh)
- Trade Receivables: ₹547.69 lakh (increased from ₹313.76 lakh)
- Cash and Cash Equivalents: ₹44.14 lakh (increased from ₹39.67 lakh)
Profit and Loss Statement (Half Year Ended September 30, 2026)
- Revenue from Operations: ₹2710.41 lakh (compared to ₹3486.14 lakh in previous comparable half-year)
- Other Income: ₹0.00 lakh (compared to ₹-0.01 lakh)
- Total Expenses: ₹2709.42 lakh (compared to ₹3478.61 lakh)
- Purchase of Stock-in-Trade: ₹2444.03 lakh
- Changes in inventories: ₹234.45 lakh
- Employee Benefit Expense: ₹8.19 lakh
- Other Expenses: ₹22.75 lakh
- Profit Before Tax: ₹0.99 lakh (compared to ₹7.52 lakh)
- Tax Expense: ₹0.15 lakh (Current Tax)
- Net Profit: ₹0.84 lakh (compared to ₹14.43 lakh in previous comparable period)
- Earnings Per Share (Basic and Diluted): ₹0.00
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash Flow from Operating Activities: ₹50.82 lakh (improved from negative ₹19.57 lakh)
- Cash Flow from Investing Activities: Negative ₹2.92 lakh (Fixed Assets increase)
- Cash Flow from Financing Activities: Negative ₹43.43 lakh (decrease in short-term borrowings)
- Net Increase in Cash: ₹4.47 lakh (compared to negative ₹10.19 lakh)
- Closing Cash Balance: ₹44.14 lakh
Audit and Compliance Details
The financial results were reviewed by the Audit Committee and approved by the Board of Directors. A limited review was conducted by M/s. P H Shah and Co., Chartered Accountants (FRN:115464W), who issued an unqualified review report dated November 06, 2026. The trading window was closed from October 01, 2026, and will remain closed until 48 hours after the declaration of the financial results in compliance with SEBI Insider Trading Regulations.
Additional Information
The company will publish the results in newspapers with a QR code as per Regulation 47 of SEBI Listing Regulations. The company operates in a single primary business segment (jewellery retail). Previous year figures have been re-grouped and re-classified where necessary.