Manoj Vaibhav Gems has scheduled its 37th Annual General Meeting (AGM) for Friday, September 25, 2026. The event will be conducted through Video Conferencing or Other Audio Visual Means to ensure shareholder participation.

The company notified the Bombay Stock Exchange and the National Stock Exchange of India Limited regarding the upcoming meeting. The disclosure was made pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

Shareholders will receive the electronic copy of the notice convening the AGM along with the Annual Report. The documents will be sent via electronic mode to all shareholders whose email addresses are registered with the Company, Depository Participants, or the Registrar and Share Transfer Agent.

Members holding shares in dematerialized form are advised to contact their respective Depository Participants to register or upload their email addresses. As on March 31, 2026, all equity shares of the company were in dematerialized form.

Participation and Voting

The notice and Annual Report will also be available on the company website. Shareholders can join the AGM exclusively through the VC/OAVM facility. The contracting and participating participants, along with detailed instructions for remote e-voting and e-voting during the AGM, will be provided in the official notice.

What the Numbers Show

The source document is a regulatory filing regarding corporate governance procedures. It contains no financial performance data, revenue figures, or balance sheet metrics for analysis. The primary focus is compliance with SEBI listing regulations and the Companies Act, 2013.

Manoj Vaibhav Gems N Jewellers reported a notable improvement in its top-line and bottom-line performance in Q1, with revenue climbing to 7.14 billion rupees compared to 5.5 billion rupees in the corresponding period last year. Net profit for the quarter rose to 276 million rupees from 206 million rupees year-on-year, reflecting solid earnings growth. Despite the revenue and profit expansion, the company's EBITDA margin narrowed on a year-on-year basis, signalling a rise in operating costs relative to revenues.

Q1 Financial Performance

The company's Q1 results reflect broad-based growth across key financial metrics, though margin compression remains a notable development. The following table summarises the key financial highlights for the quarter:

Revenue and Profit Growth

Manoj Vaibhav Gems N Jewellers posted Q1 revenue of 7.14 billion rupees, up from 5.5 billion rupees year-on-year, underscoring strong demand momentum in its jewellery business. Net profit grew to 276 million rupees from 206 million rupees over the same period, demonstrating the company's ability to convert higher revenues into improved earnings. EBITDA for the quarter came in at 446 million rupees, rising from 375 million rupees year-on-year, indicating growth in absolute operating profitability.

EBITDA Margin Contraction

While absolute EBITDA improved year-on-year, the EBITDA margin contracted to 4.88% in Q1 from 6.80% in the same quarter last year. This margin compression suggests that operating costs grew at a faster pace than revenues during the quarter. The divergence between top-line growth and margin performance is a key metric for investors to monitor in the context of the company's overall profitability trajectory.