AJC Jewel Manufacturers Reports Strong Half-Year Results, Plans UAE Subsidiary Acquisition
AJC Jewel Manufacturers Limited announced robust financial results for the half-year ended September 30, 2025. Revenue from operations reached ₹9,917.25 lakhs, with a profit after tax of ₹260.88 lakhs. The company's balance sheet improved, with increased share capital and reserves. AJC Jewel Manufacturers approved a proposal to acquire AJC Jewel Manufacturers FZE, a UAE-based promoter group entity, to expand its international presence. Investor Amit Rajendra Prasad Agarwal increased his stake in the company from 3.69% to 7.06% through open market purchases.

*this image is generated using AI for illustrative purposes only.
AJC Jewel Manufacturers Limited , a prominent player in the gem and jewelry sector, has announced robust financial results for the half-year ended September 30, 2025, along with plans for international expansion through a strategic acquisition.
Financial Highlights
The company's unaudited financial results for the half-year reveal significant growth across key metrics:
| Particulars | Half-year ended Sept 30, 2025 (₹ in lakhs) | Year ended March 31, 2025 (₹ in lakhs) |
|---|---|---|
| Revenue from Operations | 9,917.25 | 22,086.35 |
| Total Income | 9,930.61 | 22,113.78 |
| Profit Before Tax | 358.77 | 391.45 |
| Profit After Tax | 260.88 | 286.34 |
| Earnings Per Share (₹) | 5.67 | 7.77 |
The company's balance sheet also showed notable improvements:
- Share Capital increased to ₹606.84 lakhs from ₹444.84 lakhs
- Reserves and Surplus rose to ₹2,480.09 lakhs from ₹1,029.03 lakhs
- Trade Receivables grew to ₹3,558.57 lakhs from ₹1,782.86 lakhs
Expansion Plans
AJC Jewel Manufacturers has approved a proposal to acquire AJC Jewel Manufacturers FZE, a UAE-based promoter group entity operating in the same business line. This strategic decision aims to align and expand the company's revenues and operations in foreign markets.
The company stated that specific details regarding the percentage of acquisition, consideration, and mode of payment will be disclosed once mutually agreed upon and finalized between the parties involved.
Management Commentary
Ashraf P, Managing Director of AJC Jewel Manufacturers Limited, commented on the results, stating, "Our performance in the first half of the fiscal year demonstrates the strength of our business model and the growing demand for our products. The proposed acquisition of our UAE counterpart aligns with our strategy to expand our global footprint and capitalize on international market opportunities."
Market Response
Following the announcement, there has been notable market activity. On November 4, 2025, Amit Rajendra Prasad Agarwal, an investor not belonging to the promoter group, acquired 201,600 shares of the company through open market purchases. This acquisition increased Agarwal's stake in the company from 3.69% to 7.06%.
Outlook
With strong financial results and strategic expansion plans, AJC Jewel Manufacturers Limited appears to be positioning itself for continued growth in both domestic and international markets. The company's focus on expanding its global presence through the proposed UAE acquisition may provide new avenues for revenue generation and market penetration.
Investors and industry observers will be keenly watching for further details on the UAE acquisition and its potential impact on the company's future performance.
Historical Stock Returns for AJC Jewel Manufacturers
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.84% | -0.84% | -10.69% | -0.55% | -0.55% | -0.55% |




























