U. H. Zaveri Q1 Results: Net profit rises 29% YoY to ₹2.03 lakh
U. H. Zaveri Limited posted a 29% YoY net profit increase to ₹2.03 lakh in Q1FY27, aided by a 17% revenue rise to ₹654.10 lakh. Administrative costs declined, supporting margin stability. EPS fell to ₹0.01 due to higher share capital. Auditors confirmed compliance with Ind AS 34.
*this image is generated using AI for illustrative purposes only.
U. H. Zaveri Limited reported a net profit of ₹2.03 lakh for the quarter ended June 30, 2026, up 29% from ₹1.57 lakh in the corresponding period of FY26. The Ahmedabad-based diamond merchant saw revenue from operations rise 17% year-on-year to ₹654.10 lakh, reflecting steady demand in its primary business segment. The company’s Board of Directors approved the unaudited standalone financial results on August 07, 2026, following review by the Audit Committee.
The profit growth was supported by disciplined cost management, with total expenses standing at ₹651.48 lakh compared to ₹557.79 lakh in Q1FY26. Purchase of stock-in-trade accounted for ₹273.05 lakh, while changes in inventories contributed ₹360.95 lakh to expenses. Employee benefit expenses decreased slightly to ₹6.83 lakh from ₹7.82 lakh in the prior year quarter, and other administrative expenses fell to ₹10.63 lakh from ₹15.15 lakh.
Financial Performance Overview
| Metric | Q1FY27 (₹ Lakh) | Q1FY26 (₹ Lakh) | Change |
|---|---|---|---|
| Revenue from operations | 654.10 | 559.86 | +16.8% |
| Total Expenses | 651.48 | 557.79 | +16.8% |
| Profit before tax | 2.63 | 2.07 | +27.1% |
| Net Profit | 2.03 | 1.57 | +29.3% |
| EPS (Basic) | ₹0.01 | ₹0.02 | -50.0% |
Basic earnings per share stood at ₹0.01 for the quarter, down from ₹0.02 in Q1FY26, primarily due to the increase in paid-up equity share capital to ₹3,058.20 lakh from ₹1,019.40 lakh in the previous year. Diluted EPS remained unchanged at ₹0.01.
What the Numbers Show
The near-proportional growth in revenue and expenses indicates stable operating margins, with profit before tax expanding marginally faster than top-line growth. The significant reduction in administrative expenses suggests improved operational efficiency, contributing to the bottom-line improvement despite higher inventory-related costs. The absence of other income or exceptional items confirms that the profit growth was derived entirely from core business operations.
Shah Karia & Associates, the independent auditors, issued a limited review report on the financial statements, confirming compliance with Indian Accounting Standard 34 and SEBI Listing Regulations. The trading window for designated persons closed effective July 01, 2026, and will reopen 48 hours after the results announcement.
Historical Stock Returns for UH Zaveri
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.41% | -2.10% | -23.53% | -35.23% | -14.88% | +102.07% |
How might the significant increase in paid-up equity capital impact future earnings per share growth and shareholder returns?
What specific strategies is U. H. Zaveri Limited employing to maintain disciplined cost management amidst rising inventory-related expenses?
Given the steady demand in the diamond segment, how does the company plan to capitalize on this trend to accelerate revenue growth beyond the current 17% year-on-year rate?
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