Uday Jewellery Industries Ltd

Financial highlights

• Revenue from operations rose to ₹143.27 Cr in Q1 FY27 (Jun'26), up 7.2% YoY.
• Gross margin expanded to 16.4% from 13.9% YoY (249 bps).
• EBITDA rose to ₹16.93 Cr; EBITDA margin at 11.8% (up 67 bps).
• PBT ₹14.26 Cr and PAT ₹10.67 Cr; EPS ₹3.15 for Q1 FY27.
• Paid-up equity capital increased to ₹34.05 Cr as on 30 Jun 2026 due to warrants conversion.
• Pursuing NSE listing in addition to BSE.

Operational & strategic developments

• Merger integration of Narbada Gems and Jewellery strengthened standalone scale.
• Fourth quarter remains strongest; ongoing expansion in Telangana and adjoining markets.
• Listing application on NSE in progress alongside existing BSE listing.

Use of proceeds status

• Purpose: confirm absence of deviation in use of proceeds from the preferential issue.
• Mode of fund raising: preferential issue.
• Funds raised: disclosed; exact amount omitted here.
• Deviation status: no deviation or variation in use of funds reported.
• Audit committee: reviewed the statement; no comments recorded.
• Monitoring agency: not applicable.
• Utilisation status: funds utilised as per original allocations.
• Original objects remained unchanged; no deviation in allocations.

Dividend record date

• Purpose: Dividend entitlement for FY 2025-26.
• Security: Equity shares, ₹10 face value.
• Record Date: 21 September 2026.
• Dividend: ₹0.50 per equity share.
• Dividend subject to shareholders' approval at the AGM.

Financials

• Total income for quarter ended 30 Jun 2026: ₹14,433.88 lakh.
• Revenue from operations ₹14,327.36 lakh and other income ₹106.52 lakh.
• PAT ₹1,067.14 lakh; EPS ₹3.15 (basic and diluted).
• Merger with Narabada Gems approved 21 Jan 2026; prior-year figures restated.
• Auditors' review: unmodified conclusion.

Notes

• Company operates in one segment; no separate segment disclosure.
• Figures for 31 Mar 2026 are balancing figures; merger impacted prior-year numbers.
• Board approved results on 13 Aug 2026; standalone unaudited quarter.

Financial results and audit

• Approved unaudited standalone results for quarter ended 30 June 2026; Limited Review Report received.
• Board noted related party transactions for quarter ended 30 June 2026.
• Statement of Deviation Certificate and Internal Audit Report for quarter ended 30 June 2026 noted.

Auditors and financing powers

• Appointed Venugopal & Chenoy as Statutory Auditors for five years (2026–2031).
• Borrowing powers increased to Rs 250 crore.
• Limit under Section 186 for loans/guarantees/investments up to Rs 250 crore approved.
• Tejas Sanghi appointed Business Development Head (Related Party, Place of Profit).
• Sakshi Sanghi appointed Associate Business Developer (Related Party).

AGM and governance actions

• Draft Director's Report and Management Discussion & Analysis approved.
• 27th AGM fixed for 28 Sep 2026 via VC/OAVM.
• Register closed 22–28 Sep 2026; cut-off 21 Sep; remote voting 25–27 Sep; record date 21 Sep.
• Scrutinizer appointed: CS Ajay Suman Shrivastava; Functional Director for e-voting: Sanjay Sanghi.
• Dividend Distribution Account opened with HDFC Bank.
• Draft AGM Notice approved; actions for convening AGM authorised.

Corporate actions and structural changes

• Sale of 3,418 shares held by Siddharth Goel trustee via BSE at market price.
• Closure of Narbada Gems bank accounts; merger update with Uday Jewellery.
• Listing update: 450,000 shares from warrants conversion; NSE direct listing norms application.
• Kotak Mahindra corporate credit card facility approved; officers authorized to operate.
• Additional credit facility up to Rs 320 crore under ECLGS 5.0 approved.

Auditor appointment Annexure

• Annexure A: appointment of Venugopal & Chenoy replaces Anant Rao & Malik.
• Term: five consecutive years from 27th AGM conclusion to 32nd AGM (by 2031).
• Hyderabad-based firm; established 1964; details per Regulation 30, Listing Regulations.

NSE direct listing application

• Direct listing application to NSE for 3,72,15,825 equity shares of ₹10 each.
• Shares are already issued and listed on BSE.
• Board approved the proposal on May 28, 2026.
• Listing on NSE remains subject to NSE review and final listing approval.
• Final listing depends on NSE review, formal approval; no implied endorsement.

Certificate status

• Regulation 74(5) certificate for dematerialisation/rematerialisation compliance received from the registrar.