Patdiam Jewellery reported a 35% year-on-year increase in standalone net profit for the financial year ended March 31, 2026 (FY26), rising to ₹1,611.37 lakh from ₹1,190.45 lakh in FY25. The Mumbai-based diamond studded gold jewellery manufacturer also saw its revenue from operations grow by 8.6% to ₹17,130 lakh, up from ₹15,775.94 lakh in the previous fiscal year. This performance underscores the company's ability to expand margins despite rising input costs in the jewellery sector.

The Board of Directors approved the audited standalone and consolidated financial results on July 31, 2026. Statutory auditors Dave & Dave Chartered Accountants issued an unmodified opinion on the financial statements pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The declaration regarding the unmodified audit opinion was filed under Regulation 33(3)(d) of the SEBI Listing Regulations.

Financial Performance Highlights

The company’s profit before tax (PBT) stood at ₹2,220.76 lakh for FY26, compared to ₹1,620.70 lakh in FY25. Total income increased to ₹18,017.53 lakh from ₹16,124.00 lakh in the prior year. Other income contributed ₹887.52 lakh, up significantly from ₹348.05 lakh in FY25, aiding the bottom line.

Consolidated net profit for FY26 was ₹1,659.56 lakh. As this is the first year of consolidation, comparative consolidated figures for FY25 are not presented. The consolidated group includes subsidiary Ancora Design Tradings LLC, located outside India.

Balance Sheet and Cash Flow Signals

Total assets on a standalone basis rose to ₹16,789.85 lakh as of March 31, 2026, from ₹10,731.32 lakh in FY25. Shareholders’ funds increased to ₹8,777.08 lakh from ₹7,165.72 lakh. However, current liabilities surged to ₹7,574.87 lakh from ₹3,475.45 lakh, primarily driven by a rise in trade payables to ₹3,876.83 lakh from ₹1,871.07 lakh and short-term borrowings increasing to ₹2,312.01 lakh from ₹1,342.16 lakh.

Cash flows from operating activities generated ₹1,415.94 lakh in FY26. However, investing activities consumed ₹2,655.20 lakh, largely due to ₹2,401.30 lakh spent on property, plant, and equipment. Financing activities provided ₹1,206.35 lakh through loan repayments and finance costs adjustments.

What the Numbers Show

A notable divergence exists between revenue growth and working capital movement. While revenue grew by a modest 8.6%, trade receivables increased by ₹2,174.49 lakh (from ₹6,826.42 lakh to ₹9,000.91 lakh). This suggests potential pressure on collection cycles or extended credit terms offered to customers. Additionally, the significant jump in other income (₹348.05 lakh to ₹887.52 lakh) contributed disproportionately to the PBT growth compared to operational revenue expansion, indicating that non-operating gains played a key role in boosting profitability this fiscal year.

Patdiam Jewellery Limited has disclosed its related party transactions for the half-year and financial year ended March 31, 2026, in a filing submitted to the Bombay Stock Exchange. The report outlines various transactions involving subsidiaries, director-partners, and key managerial personnel, adhering to Regulation 23(9) of the SEBI (LODR) Regulations, 2015. The disclosures highlight the company's financial engagements with entities where its directors are partners or relatives, as well as its wholly-owned subsidiary, Ancora Design Tradings LLC.

The filing categorizes transactions into purchases of goods or services, sales, job work expenses, and unsecured loans. Significant purchases were made from M/s Patdiam LLP and M/s Patdiam Jewels, where directors are partners. The company also engaged in substantial sales of goods or services to its wholly-owned subsidiary, Ancora Design Tradings LLC. Additionally, the report details unsecured loans taken from and provided to related parties, along with remuneration paid to the CFO and relatives of directors.

Related Party Transactions Overview

The following table summarizes the key related party transactions disclosed for the reporting period:

Financial Indebtedness and Guarantees

The disclosure also includes details of financial indebtedness and guarantees. M/s Patdiam Jewels, where directors are partners, had guarantees provided outstanding amounting to 120,000,000.00. The company reported no financial indebtedness in the form of loans or issuance of debt for most related parties, except for unsecured loans taken from M/s Zest Corporation and Ancora Design Tradings LLC. The opening and closing balances for these transactions were also provided, indicating the flow of funds during the financial year.

The filing was signed by P. L. Kakadia, Director, on behalf of Patdiam Jewellery Limited. The company requested the exchange to place the disclosure on its records, ensuring compliance with regulatory requirements.