Sunraj Diamond Exports Ltd

AGM Details

• AGM held in late September 2026 at 11:30 AM via VC/OAVM.

Resolutions

• Ordinary business: Adoption of financial statements for year ended March 2026; voting results not disclosed.
• Ordinary business: Re-appointment of director by rotation; voting results not disclosed.

Financial highlights

• Standalone revenue (Sales and other income): 257,258.56 (Rs in Hundreds) year ended 31 Mar 2026.
• Standalone PBT: (10,549.78) before tax.
• Standalone PAT: 5,112.08.
• Consolidated revenue: 256,867.36; Consolidated PBT: (21,316.65); Consolidated PAT: (5,654.79).
• Standalone EPS: 0.10; Consolidated EPS: (0.11).
• Dividend: No dividend for the year.

AGM & governance

• 36th AGM held via VC/OAVM on 30 September 2026.
• Shruti Sunny Gandhi retires by rotation; eligible for re-appointment.
• Sunny Sunil Gandhi re-appointed Whole-time Director for 3 years to 30 Sep 2028.
• Four Board meetings were held; all attended.
• Remote e-voting window: 27-29 Sep 2026; cut-off 18 Sep 2026.

Audit & governance notes

• Statutory auditor Govind Prasad & Co; qualified for not providing retirement benefit.
• Secretarial Audit by Kiran Doshi & Co; no reservations.
• Internal financial controls: unmodified opinion on adequacy and operating effectiveness.
• Related party transactions: none requiring board approval; disclosed under Ind AS 24.
• Re-appointment of Sunny Gandhi as Whole-time Director for three years.

Subsidiaries & related parties

• Wholly owned Sunraj Diamond DMCC (Dubai) subsidiary.
• Sunraj Investment & Finance Pvt Ltd is an enterprise under significant influence.
• Ind AS-24 disclosures provided; note on related party transactions.

Capital structure & liquidity

• Equity share capital: 533,040 (Rs in Hundred).
• Borrowings: Current borrowings 1,468,314.58 (Rs in Hundred) for FY2025-26.
• Net cash from operating activities (consolidated) 209,456.50.
• No material liquidity concerns; stress testing disclosed in notes.

Risks & outlook

• Industry lean year; rising lab-grown diamond share; inflation risk persists.
• Outlook: 2026-27 expected growth; demand in natural diamonds reviving.
• MD&A notes: internal controls adequate; no major policy changes.

Sunraj Diamond Exports Limited closes trading window from 01 October 2026 until 48 hours after the declaration of financial results for the quarter ended 30 September 2026

Financial summary

• Turnover / total income: Rs 256.87 Lakhs for FY2026.
• Net loss: Rs 5.65 Lakhs; EPS (basic & diluted): -0.11.
• PBT: Rs -21.32 Lakhs.
• Deferred tax: Rs 0.22 Lakhs.
• Tax in respect of earlier years: Rs -15.88 Lakhs.
• Audit qualification: company not provisioning retirement benefits.

Balance sheet highlights

• Total assets: Rs 2,555.74 Lakhs.
• Equity share capital: Rs 533.04 Lakhs.
• Total equity: Rs 93.08 Lakhs.
• Borrowings: Rs 1,468.31 Lakhs.
• Current liabilities: Rs 2,462.66 Lakhs.
• Inventories: Rs 1,646.32 Lakhs.
• Cash and cash equivalents: Rs 5.64 Lakhs.
• Other current assets: Rs 4.49 Lakhs.

Cash flow highlights

• Net cash from operating activities: Rs 209.46 Lakhs.
• Net cash used in investing activities: Rs 2.23 Lakhs.
• Net cash used in financing activities: Rs 208.31 Lakhs.
• Net increase in cash and equivalents: Rs 1.15 Lakhs.
• End-year cash and cash equivalents: Rs 5.64 Lakhs.

Notes / disclosures

• Trading and manufacturing in gems and precious metals; segment reporting not applicable.
• Consolidated results prepared under Regulation 33.

Standalone results

• Standalone revenue from operations: Rs 44.42 Lakhs; total income: Rs 44.43 Lakhs; net loss: Rs 7.90 Lakhs.
• Standalone total expenses: Rs 52.30 Lakhs; PBT before tax: Rs -7.88 Lakhs; EPS: -0.15.
• Auditors issued Unmodified Limited Review Report for standalone results.

Consolidated results

• Consolidated revenue from operations: Rs 44.42 Lakhs; net loss: Rs 7.85 Lakhs; EPS: Rs -0.15.
• Consolidated PBT before tax: Rs -7.83 Lakhs; total tax: Rs -7.85 Lakhs; comprehensive loss Rs -7.85 Lakhs.

Audit status

• Statutory Auditors issued Unmodified Limited Review Report on the unaudited quarterly results.

Financial results approved

• Unaudited standalone and consolidated quarterly results for quarter ended 30 June 2026 approved.
• Revised audited consolidated results for quarter and year ended 31 March 2026 approved.

Directors' report and AGM disclosures

• Directors' Report and annexures for year ended 31 March 2026 approved.
• Notice of the 36th AGM approved.
• Scrutinizer for AGM appointed: M/s Kiran Doshi & Co.
• Register of Members and Share Transfer Books closure approved.

Auditor opinions and qualifications

• Unmodified opinion on standalone and consolidated unaudited results for June 30, 2026.
• Qualified opinion on revised consolidated results for year ended 31 March 2026 due to retirement benefits provision.
• Annexure notes retirement benefits provision not made.
• Actuarial valuation not undertaken; impact not quantified.

Consolidated financial statements

• Revised consolidated balance sheet and cash flow statements approved.

Sunraj Diamond Exports Ltd board meeting details not disclosed in filing chunk