| Metric | Value (₹ Cr) |
|---|---|
| Revenue | 83.75 |
| Total Income | 83.99 |
| Expenditure | 81.41 |
| PBT | 2.58 |
| Net Profit | 1.77 |
| OPM | 4.11% |
| NPM | 2.11% |
| EPS | 2.92 |
AJC Jewel Manufacturers: FY26 PAT Up 174%
01 Jun 2026 · 1 Jun, 11:17 am
Summary
AJC Jewel Manufacturers Ltd. reported a strong financial performance for FY26, with revenue from operations growing by 32.17% to ₹291.39 crore. Net Profit after Tax (PAT) saw a significant increase of 173.62% year-over-year, reaching ₹7.83 crore, while EBITDA grew by 148.85% to ₹14.01 crore, with margins expanding to 4.81%. This improved profitability was attributed by management to operational efficiencies, a better product mix, and increasing scale benefits. The company also made strategic advancements, including strengthening its customer network, progressing with its Sharjah international expansion, and launching the new "Esthara Jewels" silver retail vertical. Looking ahead, management remains optimistic about achieving a consolidated revenue CAGR of approximately 50% over the next three years, driven by ongoing capacity expansion and retail diversification strategies.
Key Highlights
- 1
AJC Jewel Manufacturers Ltd. achieved a robust 32.17% year-over-year growth in revenue from operations, reaching ₹291.39 crore for FY26.
- 2
Net Profit (PAT) significantly increased by 173.62% year-over-year to ₹7.83 crore in FY26, demonstrating strong profitability.
- 3
EBITDA surged by 148.85% year-over-year to ₹14.01 crore for FY26, with EBITDA margin improving by 225.43 BPS to 4.81%.
- 4
Earnings Per Share (EPS) grew by 114.60% to ₹13.82 in FY26, compared to ₹6.44 in the previous fiscal year.
- 5
The company successfully launched its new silver retail vertical, "Esthara Jewels," under a Direct-to-Consumer (D2C) model, establishing its first flagship showroom and an e-commerce platform.
- 6
Return on Equity (ROE) reached a healthy 30.73% for FY26, reflecting improved profitability, operational scalability, and efficient capital utilization.
- 7
Strategic international expansion through the Sharjah-based facility continues to progress, positioning the company for future export growth despite geopolitical delays affecting revenue contribution in FY26.
Management Comments
Ashraf P
FY26 marked a strong year of operational and financial progress for AJC, with Net Profit increasing 173.62% YoY to ₹7.83 Crores, EBITDA growing 148.85% YoY to ₹14.01 Crores, and EBITDA margins improving by 225 BPS to 4.81%. The improvement in profitability was driven by operational efficiencies, better product mix, and increasing scale benefits across our integrated manufacturing platform. The company also delivered healthy Return on Equity (ROE) of 30.73%, reflecting improving profitability, operational scalability, and efficient capital utilization. We also continued to strengthen our customer network during the year through onboarding of reputed jewellery retail partners across multiple regions, further improving market reach, order visibility, and long-term business scalability. Our Sharjah expansion continues to progress steadily and remains an important strategic initiative for strengthening our international presence across GCC markets. The facility provides us with operational flexibility, supply-chain advantages, and a scalable platform to support future export growth opportunities while improving our global manufacturing positioning. Simultaneously, the launch of Esthara Jewels represents an important milestone in our long-term retail strategy. Through our D2C silver jewellery platform and upcoming showroom expansion, we aim to participate in the growing organized daily-wear and fashion jewellery segment. Looking ahead, we remain focused on expanding our manufacturing capabilities, increasing CNC-machined jewellery production, strengthening our digital B2B ecosystem, and scaling our domestic and international presence. Supported by our ongoing capacity expansion initiatives and retail diversification strategy, we continue to remain optimistic about achieving our targeted consolidated revenue CAGR of approximately 50% over the next three years while maintaining a disciplined and sustainable growth approach.
Informational and educational content only. Not investment advice.