Banaras Beads Limited reported a 31.03% rise in Profit After Tax (PAT) to ₹71.98 lacs for the quarter ended June 30, 2026, driven by robust operational performance and significant revenue growth. Revenue from operations surged 45.90% year-on-year to ₹905.84 lacs, reflecting strong demand for its bead and fashion jewelry exports. The company’s reserves increased to ₹5,104.92 lacs, up from ₹4,922.80 lacs in the previous year, signaling improved retained earnings capacity.

The un-audited financial results were disclosed by Chairman & Managing Director Ashok Kumar Gupta on July 23, 2026, in compliance with Regulation 33(3)(c) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were prepared in accordance with IND AS and filed with both the Bombay Stock Exchange and the National Stock Exchange of India Limited.

Financial Performance

The table below details the standalone financial performance for the quarter ended June 30, 2026:

Earnings per share rose to ₹1.08 in Q1FY27 from ₹0.92 in the corresponding period last year, marking a 17.39% increase. On a quarterly basis, revenue grew 39.18% to ₹905.84 lacs from ₹650.82 lacs in the preceding quarter ended March 31, 2026.

Capital Structure

Equity share capital stood at ₹659.75 lacs as of June 30, 2026, slightly lower than ₹661.42 lacs in the same quarter of FY25, likely due to buybacks or adjustments not detailed in the extract. Reserves excluding revaluation reserve grew to ₹5,104.92 lacs from ₹4,922.80 lacs in Q1FY26, indicating healthy accumulation of profits over the fiscal year.

What the Numbers Show

The disproportionate rise in revenue (45.90%) compared to PAT growth (18.02%) suggests margin compression or higher operational costs during the quarter. However, the absolute profit increase remains substantial, and the consistent upward trend in reserves underscores long-term financial stability. Management indicated that the increasing trend in turnover and profitability is expected to continue in coming periods.

Banaras Beads Limited will hold its 46th Annual General Meeting (AGM) on July 30, 2026, at Khatiya Lal Gupta Smriti Bhawan in Varanasi. The meeting will be conducted in physical mode to transact business including the adoption of audited financial statements for the year ended March 31, 2026, and the re-appointment of Shri Ashok Kumar Gupta as a director liable to retire by rotation. The Register of Members and share transfer books will remain closed from July 24, 2026, to July 30, 2026, for the purpose of the AGM.

In compliance with the Companies Act, 2013, and SEBI regulations, the company has dispatched the AGM notice and annual reports to shareholders whose email addresses are registered with the company or its Registrar and Share Transfer Agents, Mas Services Limited. Members without registered email addresses can download the documents from the company's website or the websites of BSE Limited and National Stock Exchange of India Limited.

The facility for remote e-voting will be available from July 27, 2026, at 9:00 a.m. to July 29, 2026, at 5:00 p.m. The cut-off date to determine eligibility for e-voting and physical participation at the AGM is July 23, 2026. Shareholders who have not cast their votes electronically may exercise their rights at the meeting using ballot papers, though those who have voted via e-voting will not be permitted to vote again at the venue.

Key Meeting Details

The ordinary business to be transacted includes the consideration and adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and the Auditors. Additionally, the meeting will address the re-appointment of Shri Ashok Kumar Gupta (DIN: 00016661). Queries regarding e-voting can be directed to Mr. Sarwan Mangla, Manager at Mas Services Limited.