Koura Fine Diamond Jewelry Limited has announced its unaudited financial results for the half-year ended September 30, 2025, showcasing a remarkable growth in revenue and successful completion of equity fundraising.

Strong Revenue Growth

The company reported a substantial increase in revenue from operations, reaching Rs 6000.78 crore for the half-year ended September 30, 2025. This represents a significant year-on-year growth of approximately 270% compared to Rs 1,622.09 crore in the corresponding period of the previous year.

Financial Highlights

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for the half-year stood at Rs 68.37 crore, marking a substantial increase of 298% compared to the same period last year. Net profit also saw a significant rise, reaching Rs 35.75 crore, up by 421% year-on-year.

Successful Equity Fundraising

Koura Fine Diamond Jewelry Limited has successfully completed an equity fundraising of Rs 499.07 crore through a preferential allotment of shares and convertible warrants. The fundraising was conducted as follows:

• Allotment of 6,50,000 equity shares to the promoter group at Rs 31.30 per share
• Issuance of 25,00,000 convertible share warrants to promoter and non-promoter groups at Rs 31.30 per warrant
• Conversion of 4,26,000 warrants into equity shares upon receipt of the balance 75% payment from warrant holders

The funds raised are primarily allocated for working capital purposes (Rs 788.76 crore) and general corporate purposes (Rs 197.19 crore).

Management Commentary

Kamlesh Keshavlal Lodhiya, Managing Director of Koura Fine Diamond Jewelry Limited, stated, "We are pleased with our strong performance in the first half of the fiscal year 2026. The significant growth in revenue and profitability reflects the increasing demand for our products and the successful execution of our business strategies. The recent equity fundraising will further strengthen our financial position and support our growth initiatives."

Future Outlook

With a robust balance sheet and improved liquidity position, Koura Fine Diamond Jewelry Limited is well-positioned to capitalize on growth opportunities in the fine diamond jewelry market. The company's focus on expanding its product range and market presence is expected to drive continued growth in the coming quarters.

Koura Fine Diamond Jewelry Limited , a prominent player in the fine jewelry sector, has made significant moves to strengthen its capital structure and expand its investor base. The company's Board of Directors has approved two key financial decisions that are set to reshape its shareholding pattern and potentially fuel future growth.

Equity Share Allotment to Promoter

In a strategic move, the company has allotted 650,000 equity shares at a price of Rs. 31.30 each to promoter Jeetkumar Nileshkumar Makadia. This preferential allotment has raised Rs. 2.03 crore for the company. The impact on Makadia's shareholding is substantial, with his stake in the company increasing from 0.15% to 9.71% post-allotment.

Convertible Share Warrants Issuance

In addition to the equity share allotment, Koura Fine Diamond Jewelry has also approved the issuance of 2.5 million convertible share warrants. These warrants, priced at Rs. 31.30 each, have been allotted to a diverse group of 31 investors, including both promoters and non-promoters. This move has brought in an additional Rs. 1.96 crore to the company's coffers.

Key details of the warrant issuance include:

• Conversion ratio: 1:1 (One warrant convertible into one equity share)
• Conversion period: Within 18 months from the date of allotment
• Total number of allottees: 31 (3 promoters and 28 non-promoters)

Notable Allottees

Among the prominent allottees of the convertible warrants are:

• Charmi Kamlesh Lodhiya, Soham Kamlesh Lodhiya, and Mirali Kamlesh Lodhiya (Promoters): 500,000 warrants each
• Patel Yagneshkumar (Non-Promoter): 159,000 warrants
• Krishna Ramaiya and Hareshchandra R Ramaiya (Non-Promoters): 54,000 warrants each

Financial Implications

The combined capital raised through these two initiatives amounts to approximately Rs. 3.99 crore. This infusion of funds is expected to provide Koura Fine Diamond Jewelry with additional financial flexibility to pursue its growth strategies and operational objectives.

Market Impact

The allotted equity shares will rank pari-passu with the existing equity shares of the company and are set to be listed on the BSE. This move is likely to enhance the company's market presence and potentially improve liquidity for its shares.

Conclusion

These strategic financial decisions by Koura Fine Diamond Jewelry Limited demonstrate the company's commitment to strengthening its capital base and broadening its investor pool. As the jewelry market continues to evolve, such moves could position the company favorably for future growth opportunities and market challenges.

Investors and market watchers will be keen to observe how the company utilizes this fresh capital and the impact it has on its business operations and market performance in the coming months.