Ashapuri Gold Ornament Ltd

Financials & board actions

• Revenue from operations: ₹6,479.07 lakhs for quarter ended 30-06-2026.
• Total income: ₹6,479.92 lakhs for quarter ended 30-06-2026.
• Profit before tax: ₹718.70 lakhs for quarter ended 30-06-2026.
• Net profit after tax: ₹520.61 lakhs for quarter ended 30-06-2026.
• Limited Review by Shivam Soni & Co; unmodified report.
• No separate segment reporting; jewellery manufacturing; operations confined to India.
• Draft Director Report for year ended 31-Mar-2026 included.
• Reappointment of Statutory Auditor M/s Shivam Soni & Co for five years, subject to shareholder approval.
• Reappointment of Shri Saurabh G Patel as Non-Executive Independent Director for five years, subject to approval.

Meeting Details

• Date: 14 August 2026; Venue: Registered Office; time not disclosed.

Key Agenda Items

• Unaudited financial results for quarter ended 30 June 2026 with limited review report.
• Draft Director Report, annexures, and notice for 18th AGM.
• Other matters related to 18th AGM.
• Propose reappointment of Shivam Soni & Co. as Statutory Auditors for second five-year term.
• Propose reappointment of Shri Saurabh G Patel as Non-Executive Independent Director.
• Appointment of Mukesh H Shah & Co. as Scrutinizer for remote e-voting and AGM voting.

Other Notes

• Trading window closed from 01 July 2026 for 48 hours after results disclosure.

Dematerialisation status

• No dematerialisation/rematerialisation requests were received during 31 Mar 2026 to 30 Jun 2026.
• No physical certificates were mutilated or cancelled due to absence of dematerialisation.
• No substitution of depository name as registered owner occurred within the 15-day window.

Trading Window Closure

• Trading window closed for insiders from 01 July 2026 until 48 hours after 30 June 2026 unaudited results.

FY26 standalone results

• 📊 Revenue from operations rose 0.3% YoY to ₹31,720.85 lakh.
• 📊 Total income was ₹31,735.56 lakh, broadly flat YoY.
• 📊 PBT increased to ₹2,504.56 lakh from ₹1,612.35 lakh.
• 📊 PAT rose to ₹1,856.40 lakh from ₹1,203.64 lakh.
• 📊 Q4 revenue was ₹7,060.67 lakh, down 15.6% QoQ.
• 📊 Q4 PAT was ₹135.31 lakh versus ₹557.07 lakh in Q3.
• 📊 EPS was ₹0.56 for FY26 and ₹0.04 for Q4.
• 📊 Other comprehensive income was ₹151.27 lakh for FY26.

Cost trends

• 📊 Material cost fell to ₹28,536.41 lakh from ₹33,712.81 lakh.
• 📊 Employee expense rose to ₹1,219.70 lakh from ₹636.17 lakh.
• 📊 Other expenses increased to ₹1,169.31 lakh from ₹951.66 lakh.
• 📊 Finance costs dropped to ₹1.86 lakh from ₹34.79 lakh.

Balance sheet and cash

• 📊 Inventories rose to ₹12,416.91 lakh from ₹10,652.66 lakh.
• 📊 Trade receivables increased to ₹2,407.56 lakh from ₹2,194.40 lakh.
• 📊 Cash and cash equivalents increased to ₹739.20 lakh from ₹47.40 lakh.
• 📊 Total assets rose to ₹17,312.08 lakh from ₹15,321.14 lakh.
• 📊 Equity increased to ₹16,674.80 lakh from ₹14,667.13 lakh.
• 📊 Operating cash flow was ₹926.92 lakh versus a ₹3,573.81 lakh outflow last year.
• 📊 Capex on property, plant and equipment was ₹35.72 lakh.

Operations and capital

• 📍 The company manufactures and sells gold jewellery and articles.
• 📍 Management said there are no separate reportable segments under Ind AS 108.
• 📍 Paid-up equity share capital stood at ₹3,333.15 lakh after rights issue.
• 📍 Rights issue increased equity share capital from ₹2,499.86 lakh to ₹3,333.15 lakh.

Audit and approvals

• 📍 The board approved audited standalone financial results for quarter and year ended 31 March 2026.
• 📍 Statutory auditors issued an unmodified opinion on the annual standalone results.
• 📍 M/s. Bharat H. Shah & Co. was appointed internal auditor for FY27.