Motisons Jewellers Limited has confirmed that its promoters and promoter group did not create any encumbrance over the equity shares held by them directly or indirectly during the financial year 2025-26. This disclosure ensures that the shareholding structure remains free from pledged assets, which is a key indicator of corporate governance for investors. The declaration was submitted to the stock exchanges to comply with regulatory requirements.

The confirmation was made by Sanjay Chhabra, Promoter and Managing Director of Motisons Jewellers Limited, on behalf of all promoters and the promoter group. The disclosure was filed pursuant to Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The letter was addressed to BSE Limited and the National Stock Exchange of India Limited on April 8, 2026.

Regulatory Filing Details

The filing explicitly states that the promoters, along with persons acting in concert, have not made any encumbrance over the equity shares of the target company during the specified period. The declaration is signed by the Managing Director, DIN: 00120792, and has been placed on record by the exchanges.

The disclosure was also copied to the Audit Committee of Motisons Jewellers Limited for internal records.

Motisons Jewellers has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company recorded a 47.6% increase in annual net profit to ₹6,370.77 lakh, compared to ₹4,317.11 lakh in the previous year, driven by higher income. However, quarterly net profit declined to ₹830.19 lakh from ₹1,113.91 lakh in the same quarter of the previous year.

Annual Financial Performance

For the full year ended March 31, 2026, revenue from operations rose by 5.9% to ₹48,954.45 lakh from ₹46,211.15 lakh in the prior year. Total income for the year stood at ₹49,583.69 lakh, while profit before tax came in at ₹8,508.73 lakh. The Board of Directors approved the results during a meeting held on May 22, 2026.

Quarterly Performance

In the quarter ended March 31, 2026, revenue from operations increased to ₹13,746.77 lakh from ₹11,875.08 lakh in Q4 of the prior year. However, EBITDA for the quarter declined sharply to ₹84M from ₹174M in the same period last year, with the EBITDA margin contracting to 6.1% from 14.64% on a year-on-year basis.

Key Financial Metrics

The table below summarizes the financial performance for the quarter and year ended March 31, 2026:

The table below captures the quarterly EBITDA performance on a year-on-year basis:

Operational Highlights and Capital Changes

The Board also approved the Statement of Assets & Liabilities and the Cash Flow Statement for the financial year. During the year, the company saw an increase in paid-up equity share capital to ₹10,017.60 lakh, primarily due to the conversion of share warrants. Additionally, 82,70,000 share warrants lapsed on April 4, 2026, resulting in the forfeiture of ₹3,514.75 lakh. The statutory auditors, M/s Keyur Shah & Co., issued an audit report with an unmodified opinion on the audited financial results. The trading window, which was closed earlier, will reopen 48 hours after the declaration of these results.