| Annual Financials | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
Revenue  | 8 | 15 | 12 | 40 | 9 | 18 | 8 | 14 | 14 | 24 | 23 | 33 |
| Expenses | 8 | 15 | 12 | 39 | 9 | 20 | 6 | 13 | 14 | 21 | 22 | 32 |
| EBITDA | 0 | 0 | 0 | 1 | 0 | -2 | 2 | 1 | 0 | 3 | 1 | 1 |
| Operating Profit % | 0 % | -0 % | 1 % | 1 % | 2 % | -9 % | -0 % | 1 % | -0 % | -1 % | -1 % | 1 % |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | 0 | 0 | -2 | 2 | 1 | 0 | 3 | 1 | 1 |
| Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Net Profit | 0 | 0 | 0 | 0 | 0 | -2 | 2 | 1 | 0 | 3 | 1 | 1 |
| EPS in ₹ | 0.45 | 0.45 | 0.15 | 0.22 | 0.15 | -1.68 | 1.84 | 0.79 | 0.01 | 0.53 | 0.09 | 0.10 |
Darshan Orna
Darshan Orna
2.82
-0.03
(-1.05%)
Key Fundamentals
Market Cap
28.50 Cr
EPS
0.09
PE Ratio
47.00
Dividend Yield
0.00 %
Industry
Consumer Goods 52 Week High
6.94
52 Week Low
2.20
PB Ratio
0.80
Debt to Equity
0.26
Sector
Jewellery & Watches Actual
Company News
View All News
Darshan Orna Limited Launches ₹1,500.88 Crore Rights Issue at 1:1 Ratio5 days ago
Darshan Orna Limited announced a rights issue of up to 5,00,29,335 equity shares at ₹3 per share, raising up to ₹1,500.88 lakhs. The issue offers one rights share for every existing share held as of October 31, 2025 record date. The issue opens November 13, 2025 and closes November 21, 2025, with last date for on-market renunciation on November 17, 2025. The company received in-principle approval from BSE Limited for listing the rights equity shares. Managing Director Ritesh Mahendrabhai Sheth stated the capital raise reflects commitment to strengthening the balance sheet and funding business growth while providing shareholders opportunity to enhance participation. The Ahmedabad-based company, incorporated in 2011, trades in gold and silver ornaments and jewelry.
Darshan Orna Limited has completed the purchase of its registered office property located at Survey No. 0210542106/3/Lawar Ni Pole, Shekh Sariya Chambers, Madan Gopal Haveli Road, Manek Chowk Ahmedabad for ₹25 lakh. The property was acquired from Arunaben Mahendrakumar Shah, who is a promoter of the company. The transaction was funded through internal accruals and conducted at arm's length despite being a related party transaction. The acquisition is intended for business expansion and to provide owned office space for the company.
Darshan Orna Limited's Board of Directors approved the terms for a rights issue of up to 5,00,29,335 fully paid-up equity shares at ₹3 per share, raising up to ₹1,500.88 crores. The company received in-principle approval from BSE Limited on September 19, 2025. The rights issue follows a 1:1 ratio, offering one new share for every existing share held. Key dates include record date of October 31, 2025, issue opening on November 13, 2025, and closing on November 21, 2025. The issue period can be extended up to 30 days from the opening date. Upon full subscription, the company's outstanding equity shares will double from 5,00,29,335 to 10,00,58,670 shares of ₹2 face value each.
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Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
3,868.60 | #1 3,39,951.10 | 83.19 | 60,942.00 | 18.07 | #1 3,337 | 59.09 | 68.74 | |
495.45 | 51,163.00 | 54.94 | 25,189.70 | 35.27 | 714 | 99.92 | 44.94 | |
3,262.70 | 10,244.60 | 55.25 | 4,916.30 | 28.29 | 119 | #1 434.29 | 74.50 | |
649.20 | 8,715.20 | 29.70 | 7,728.60 | 26.30 | 218 | 127.22 | 49.01 | |
2,885.00 | 7,627.00 | 81.34 | 1,275.90 | 24.77 | 96 | 11.74 | 56.04 | |
190.29 | 5,531.10 | 42.56 | #1 2,80,918.30 | 50.61 | 336 | 128.29 | 62.91 | |
331.00 | 5,482.10 | #1 21.71 | 6,382.60 | 20.80 | 159 | 303.31 | 49.01 | |
361.40 | 5,371.50 | 30.22 | 3,581.00 | #1 104.72 | 133 | 82.56 | 62.07 | |
265.45 | 4,422.60 | 24.20 | 3,407.60 | 11.08 | 153 | 70.86 | 60.85 | |
374.50 | 4,287.50 | 30.66 | 800.60 | 29.82 | 117 | 42.08 | 53.59 |
Growth Rate
Revenue Growth
-7.41 %
Net Income Growth
-81.48 %
Cash Flow Change
-113.31 %
ROE
-83.14 %
ROCE
-80.85 %
EBITDA Margin (Avg.)
-78.56 %
Yearly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Total Assets | 4 | 5 | 12 | 13 | 13 | 13 | 12 | 13 | 13 | 25 | 27 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Assets | 4 | 5 | 11 | 8 | 8 | 10 | 11 | 11 | 12 | 19 | 22 |
| Capital Work in Progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 3 | 2 | 2 | 2 | 6 | 5 |
| Other Assets | 4 | 5 | 12 | 13 | 13 | 10 | 11 | 11 | 12 | 19 | 22 |
| Total Liabilities | 4 | 5 | 12 | 13 | 13 | 13 | 12 | 13 | 13 | 25 | 27 |
| Current Liabilities | 0 | 1 | 0 | 1 | 1 | 3 | 0 | 0 | 0 | 5 | 7 |
| Non Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 3 | 4 | 12 | 12 | 12 | 10 | 12 | 13 | 13 | 19 | 20 |
| Reserve & Surplus | 3 | 1 | 7 | 7 | 2 | 0 | 2 | 3 | 3 | 9 | 10 |
| Share Capital | 1 | 4 | 5 | 5 | 10 | 10 | 10 | 10 | 10 | 10 | 10 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| Net Cash Flow | 0 | -0 | -0 | 0 | -0 | 0 | -0 | -0 | 0 | 0 | 0 |
| Investing Activities | 0 | 0 | -1 | -4 | -0 | 2 | 4 | 1 | -0 | 8 | 2 |
| Operating Activities | -3 | -0 | -7 | 4 | 0 | -2 | -4 | -1 | 0 | 12 | -2 |
| Financing Activities | 3 | 0 | 8 | 0 | 0 | -0 | 0 | 0 | 0 | -19 | 0 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 |
| Promoter | 48.79 % | 48.79 % | 48.79 % | 48.79 % | 8.04 % | 46.04 % | 44.88 % | 44.74 % | 44.72 % | 44.72 % | 44.37 % | 44.37 % | 44.37 % | 42.43 % | 41.69 % | 30.40 % | 30.40 % | 30.40 % | 30.40 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| DIIs | 0.01 % | 0.01 % | 0.01 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Government | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 20.15 % | 20.17 % | 19.87 % | 19.74 % | 62.16 % | 24.15 % | 29.06 % | 29.32 % | 29.53 % | 29.17 % | 29.78 % | 32.54 % | 32.69 % | 35.71 % | 39.74 % | 61.54 % | 57.54 % | 58.68 % | 56.15 % |
| Others | 31.06 % | 31.03 % | 31.34 % | 31.47 % | 29.81 % | 29.81 % | 26.06 % | 25.94 % | 25.75 % | 26.11 % | 25.85 % | 23.09 % | 22.94 % | 21.86 % | 18.57 % | 8.06 % | 12.05 % | 10.91 % | 13.44 % |
| No of Share Holders | 1,769 | 1,714 | 1,537 | 1,739 | 7,543 | 7,544 | 12,167 | 11,905 | 11,609 | 11,227 | 11,039 | 11,704 | 14,956 | 16,722 | 19,379 | 23,666 | 25,437 | 25,179 | 24,357 |
Dividend History
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 4.06 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 21 Sept 2018 |  Bonus | 11:10 | 19 Sept 2018 | 12.30 | 12.30 |
| 06 Apr 2022 |  Split | 2:10 | 14 Jun 2022 | 15.53 | 15.53 |
| 29 Apr 2024 |  Extraordinary General Meeting | NA | 29 Apr 2024 | 3.96 | 3.95 |
| 30 Sept 2024 |  Annual General Meeting | NA | 30 Sept 2024 | 4.86 | 4.69 |
| 18 Oct 2024 |  Quarterly Result Announcement | NA | 18 Oct 2024 | 4.72 | 4.60 |
| 07 Jan 2025 | Quarterly Result Announcement | NA | 07 Jan 2025 | 4.04 | 3.21 |
| 30 May 2025 | Quarterly Result Announcement | NA | 30 May 2025 | 2.44 | 2.40 |
| 12 Aug 2025 | Quarterly Result Announcement | NA | 12 Aug 2025 | 2.64 | 2.50 |
| 27 Sept 2025 | Annual General Meeting | NA | 27 Sept 2025 | 2.61 | 2.49 |
| 14 Oct 2025 | Quarterly Result Announcement | NA | 14 Oct 2025 | 2.43 | 2.48 |
| 31 Oct 2025 |  Rights | 1:1 | 31 Oct 2025 | 2.58 | 3.02 |
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 days ago
5 days agoAnnouncement under Regulation 30 (LODR)-Newspaper Publication7 days ago
7 days agoAnnouncement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For Acquisition Of Commercial PropertyOct 31, 2025
Oct 31, 2025Intimation Of Approval Of Letter Of Offer And Submission Of The Letter Of OfferOct 27, 2025
Oct 27, 2025Corporate Action- Intimation Of Record Date For Right IssueOct 27, 2025
Oct 27, 2025Board Meeting Outcome for Outcome Of Board Meeting For Approval For Record Date And Other Terms Of Right IssueOct 27, 2025
Oct 27, 2025Closure of Trading WindowOct 18, 2025
Oct 18, 2025Board Meeting Intimation for Approving Record Date And Letter Of Offer For Right IssueOct 18, 2025
Oct 18, 2025Financial Results For The Quarter And Half Year Ended 30Th September 2025Oct 14, 2025
Oct 14, 2025Board Meeting Outcome for Outcome Of Board Meeting For The Unaudited Standalone Financial Results For Quarter And Half Year Ended 30Th September 2025Oct 14, 2025
Oct 14, 2025Board Meeting Intimation for Declaration Of Unaudited Standalone Financial Results Of The Company For The Quarter And Half Year Ended September 30 2025Oct 08, 2025
Oct 08, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 08, 2025
Oct 08, 2025Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 07, 2025
Oct 07, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 30, 2025
Sep 30, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSep 30, 2025
Sep 30, 2025Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationSep 30, 2025
Sep 30, 2025Shareholder Meeting / Postal Ballot-Scrutinizers ReportSep 30, 2025
Sep 30, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 30, 2025
Sep 30, 2025Shareholder Meeting / Postal Ballot-Outcome of AGMSep 27, 2025
Sep 27, 2025Closure of Trading WindowSep 23, 2025
Sep 23, 2025Announcement Under Regulation 30 SEBI (LODR) For Intimation Of In-Principle Approval Received From Stock ExchangeSep 20, 2025
Sep 20, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 06, 2025
Sep 06, 2025Intimation For Cut Off Date For E-Voting For 14Th AGM For F.Y. 2024-2025Sep 05, 2025
Sep 05, 2025Reg. 34 (1) Annual Report.Sep 05, 2025
Sep 05, 2025Notice Of 14Th Annual General Meeting Along With Integrated Annual Report Of The Company For The Financial Year 2024-25 And Cut-Off Date.Sep 05, 2025
Sep 05, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 05, 2025
Sep 05, 2025Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of AssociationSep 04, 2025
Sep 04, 2025Announcement under Regulation 30 (LODR)-Change in ManagementSep 04, 2025
Sep 04, 2025Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/sSep 04, 2025
Sep 04, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 04Th September 2025Sep 04, 2025
Sep 04, 2025Announcement Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 For Acquisition Of Commercial PropertyAug 29, 2025
Aug 29, 2025Board Meeting Outcome for For Acquisition Of Commercial PropertiesAug 29, 2025
Aug 29, 2025Unaudited Standalone Financial Results For The Quarter Ended 30Th June 2025Aug 12, 2025
Aug 12, 2025Board Meeting Outcome for Board Meeting OutcomeAug 12, 2025
Aug 12, 2025Board Meeting Intimation for For Declaration Of Unaudited Standalone Financial Results Of The Company For The Quarter Ended June 30 2025Aug 05, 2025
Aug 05, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jul 30, 2025
Jul 30, 2025Announcement Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Jul 29, 2025
Jul 29, 2025Board Meeting Outcome for Outcome Of Board MeetingJul 29, 2025
Jul 29, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Jul 17, 2025
Jul 17, 2025Closure of Trading WindowJun 25, 2025
Jun 25, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 30, 2025
May 30, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 30, 2025
May 30, 2025Audited Standalone Financial Results For The Quarter And Financial Year Ended 31St March 2025May 30, 2025
May 30, 2025Board Meeting Outcome for Outcome Of The Meeting Of Board Of Directors Of The Company Held On May 30Th 2025May 30, 2025
May 30, 2025Board Meeting Intimation for Consideration And Approval Of Standalone Audited Financial Results Of The Company For The Quarter And Financial Year Ended March 31 2025May 21, 2025
May 21, 2025Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2Apr 14, 2025
Apr 14, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 08, 2025
Apr 08, 2025Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure AApr 07, 2025
Apr 07, 2025Annual Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares & Takeovers) Regulations 2011Apr 07, 2025
Apr 07, 2025Closure of Trading WindowMar 27, 2025
Mar 27, 2025Technical Indicators
RSI(14)
Neutral 52.50
ATR(14)
Less Volatile 0.21
STOCH(9,6)
Neutral 53.81
STOCH RSI(14)
Oversold 18.39
MACD(12,26)
Bearish -0.02
ADX(14)
Weak Trend 19.72
UO(9)
Bearish 55.78
ROC(12)
Downtrend And Accelerating -10.19
WillR(14)
Neutral -60.26
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