Ashapuri Gold Ornament Limited has announced an important business update regarding its order book status, informing BSE Limited that its current order book stands at approximately ₹34 crores as of February 2026. The announcement represents a significant operational milestone for the Ahmedabad-based jewelry manufacturer.

Order Book Performance Update

The company reported substantial progress in order fulfillment during February 2026, successfully servicing the majority of its existing order book. This operational achievement has resulted in the current order book position being reduced to ₹34 crores as orders were completed and delivered to customers.

Regulatory Compliance

The business update was submitted to BSE Limited under Regulation 30 compliance requirements. CEO Jenik D. Soni digitally signed the official communication on February 26, 2026, ensuring proper disclosure of material information to stakeholders and the stock exchange.

Company Operations

Ashapuri Gold Ornament Limited operates as a manufacturer of antique jewelry, specializing in BIS 916 hallmarked jewelry products. The company maintains its headquarters and factory operations in Ahmedabad, with facilities located at Super Mall near Lal Bunglow on C.G. Road and at Ashapuri Corporate House in Navrangpura.

Business Continuity

The successful completion of the majority of orders during February 2026 demonstrates the company's operational efficiency and ability to meet customer commitments. The updated order book position of ₹34 crores provides visibility into the company's current business pipeline and upcoming revenue opportunities.

Ashapuri Gold Ornament Limited's Board of Directors approved the company's unaudited financial results for the third quarter and nine months ended December 31, 2025, during their meeting held on February 10, 2026. Following the scheduled investor conference call, the company has now made the audio recording available to stakeholders, demonstrating transparency in investor communications.

Board Meeting and Regulatory Compliance

The Board meeting was conducted from 3:00 PM to 4:00 PM IST on February 10, 2026, where directors approved the unaudited standalone financial results along with the Limited Review Report by statutory auditors. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with Regulation 33 of SEBI (LODR) Regulations, 2015.

Financial Performance Overview

The company delivered exceptional nine-month performance with significant profit growth, showcasing operational efficiency in gold ornament manufacturing. While quarterly revenue declined, strong cost management and improved margins drove profitability gains.

Quarterly Performance Analysis

For Q3FY26, revenue from operations stood at ₹9,124.48 lakhs compared to ₹10,144.66 lakhs in the corresponding quarter. Despite the revenue decline, net profit after tax increased to ₹557.07 lakhs from ₹516.97 lakhs, representing a 7.76% growth. The company maintained strong profitability through effective cost management strategies.

Operational Efficiency Metrics

The company demonstrated improved operational efficiency with total expenses declining to ₹8,339.65 lakhs in Q3FY26 from ₹9,561.83 lakhs in Q3FY25. Key expense management highlights include significant reductions in employee benefits and finance costs.

Nine-Month Performance Highlights

The nine-month period showcased remarkable growth with revenue reaching ₹24,660.18 lakhs, up 6.03% from ₹23,256.97 lakhs. Net profit surged to ₹1,721.09 lakhs, marking a substantial 53.23% increase from ₹1,123.40 lakhs in the corresponding period, reflecting the company's strategic positioning in the gold ornament sector.

Earnings Conference Call Recording Available

Following the investor and analyst conference call held on February 13, 2026, at 1:00 PM IST, the company has made the audio recording available to stakeholders. The call featured Joint Managing Director Mr. Jitendra Soni and Chief Executive Officer Mr. Jenik Soni discussing the quarterly and nine-month financial performance in detail.