Manoj Vaibhav Gems promoter declares no encumbrance on shares

1 min read     Updated on 18 Jun 2026, 12:35 AM
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Promoter Bharata Mallika Ratna Kumari Grandhi declared no encumbrance on 3,62,80,000 equity shares of Manoj Vaibhav Gems 'N' Jewellers Limited as on March 31, 2026. The disclosure, made under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirms that the promoter and promoter group, holding 74.27% of the company, have not pledged any shares during the financial year.

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Promoter Bharata Mallika Ratna Kumari Grandhi has declared that the promoter and promoter group of Manoj Vaibhav Gems 'N' Jewellers Limited hold no encumbrance on 3,62,80,000 equity shares as on March 31, 2026. The disclosure confirms that no shares have been pledged or otherwise encumbered directly or indirectly during the financial year ended March 31, 2026, other than those previously disclosed. This filing is significant as it assures investors of the unencumbered status of the majority shareholding, which constitutes 74.27% of the company's equity.

The declaration was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates promoters to disclose any encumbrance on shares held by them or persons acting in concert. The filing confirms that the promoter group has adhered to these disclosure requirements.

Shareholding Details

The breakdown of the promoter and promoter group shareholding, as detailed in the filing, is provided below. The table lists the number of shares held by each entity and confirms that zero shares are encumbered across the group.

SL. No. Name Category No. of fully paid equity shares No of Shares Encumbered Shareholding %
1 Grandhi Bharata Mallika Ratna Kumari HUF Promoter 2,65,50,400 0 54.35%
2 Bharata Mallika Ratna Kumari Grandhi Promoter 53,52,000 0 10.96%
3 Maruthi Venkatesh Chaluvadi Promoter Group 20,000 0 0.04%
4 Sai Sindhuri Grandhi Promoter Group 20,000 0 0.04%
5 Sai Keerthana Grandhi Promoter 40,000 0 0.08%
6 Durga Krishna Sai Sarayu Grandhi Promoter Group 40,000 0 0.08%
7 Manoj Kumar G. Enterprises Private Limited Promoter Group 42,57,600 0 8.72%
Total 3,62,80,000 74.27%

The largest shareholder within the promoter group is Grandhi Bharata Mallika Ratna Kumari HUF, holding 54.35% of the total equity shares. Manoj Kumar G. Enterprises Private Limited, formerly known as Harshil Enterprises (India) Private Limited, holds 8.72% of the shares. The declaration was signed by Bharata Mallika Ratna Kumari Grandhi on April 06, 2026.

Historical Stock Returns for Manoj Vaibhav Gems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%+2.49%-5.14%-15.88%-41.34%-31.55%

Will the unencumbered status of the majority shareholding encourage the company to raise additional capital through equity or debt in the near future?

How might this disclosure impact institutional investor confidence and the stock's liquidity in the upcoming quarters?

Does the promoter group intend to maintain this 74.27% holding level, or are there plans for dilution to fund expansion?

Manoj Vaibhav FY26 Net Profit Rises 14.5% to ₹114.98 Crore

1 min read     Updated on 23 May 2026, 06:08 AM
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Manoj Vaibhav Gems 'N' Jewellers Limited reported a 14.5% increase in net profit to ₹114.98 crore for FY26, with revenue rising to ₹2,744.03 crore. For Q4 FY26, net profit stood at ₹28.16 crore, though EBITDA margins contracted to 5%. The Board approved the audited results and re-appointed M/s. P.A. Naidu & Associates as Internal Auditor.

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Manoj Vaibhav Gems 'N' Jewellers Limited has reported its audited financial results for the fourth quarter and financial year ended March 31, 2026. The company's net profit for the full year rose to ₹114.98 crore, marking an increase from ₹100.43 crore in the previous fiscal year. Revenue from operations for FY26 stood at ₹2,744.03 crore, compared to ₹2,384.02 crore in FY25.

Financial Performance for FY26

The company recorded a total income of ₹2,759.22 crore for the year ended March 31, 2026. Total expenses for the period amounted to ₹2,603.86 crore. Profit before tax for the year was reported at ₹153.92 crore, while the profit for the year after tax was ₹114.98 crore. The basic and diluted earnings per share for the year were ₹23.54.

Quarterly Results for Q4 FY26

For the quarter ended March 31, 2026, the company reported a net profit of ₹28.16 crore, a slight increase from ₹26.75 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter stood at ₹754.47 crore, up from ₹705.10 crore in Q4 FY25. Total income for the quarter was ₹764.93 crore, with total expenses at ₹727.47 crore. However, Q4 EBITDA declined to 380M rupees from 456M rupees in the year-ago period, with the EBITDA margin contracting to 5% from 6.5% year-on-year.

The table below summarises the key financial metrics across the reported periods:

Particulars: Q4 FY26 Q4 FY25 FY26 FY25
Revenue from Operations (₹ Crore): 754.47 705.10 2,744.03 2,384.02
Total Income (₹ Crore): 764.93 707.49 2,759.22 2,397.46
Total Expenses (₹ Crore): 727.47 671.31 2,603.86 2,267.79
Net Profit (₹ Crore): 28.16 26.75 114.98 100.43
EBITDA (Rupees): 380M 456M — —
EBITDA Margin (%): 5% 6.5% — —

Board Decisions and Auditor Appointment

The Board of Directors at its meeting held on May 22, 2026, approved the audited financial results. Additionally, based on the recommendations of the Audit Committee, the Board approved the re-appointment of M/s. P.A. Naidu & Associates, Chartered Accountants, as the Internal Auditor of the company for the financial year 2026-27. The statutory auditors issued an unmodified opinion on the financial results.

Historical Stock Returns for Manoj Vaibhav Gems

1 Day5 Days1 Month6 Months1 Year5 Years
-0.59%+2.49%-5.14%-15.88%-41.34%-31.55%

What strategic initiatives is Manoj Vaibhav Gems 'N' Jewellers planning to sustain revenue growth momentum in FY27 amid rising gold prices and competitive pressures?

How does the company plan to address the Q4 FY26 EBITDA margin contraction from 6.5% to 5%, and what cost optimization measures are being considered?

Will the company pursue store expansion or geographic diversification in FY27 to capitalize on India's growing organized jewellery retail market?

More News on Manoj Vaibhav Gems

1 Year Returns:-41.34%