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Earnings · Diamond & Jewellery · Micro cap

AJC Jewel Manufacturers reports annual profit of ₹802.57 lakhs

Standalone net profit for FY26 rose 180% year-on-year, though quarterly earnings slipped from the preceding three-month period.

1 earlier story on AJC Jewel Manufacturers Ltd.
Mkt cap₹57.53 cr
P/E7.17×
ROE19.43%
Debt / eq.2.24
₹802.57 lakhs Standalone net profit for FY26.

What's new

  • Standalone net profit grew to ₹802.57 lakhs in FY26 from ₹286.34 lakhs in FY25.
  • Quarterly profit dropped to ₹196.18 lakhs from ₹345.31 lakhs in the previous quarter.
  • Consolidated results now include the newly acquired subsidiary Esthara Jewels.

Why this matters

The annual growth is strong for a nano-cap, but the quarterly sequential decline warrants attention. The consolidation of Esthara Jewels marks a change in the company's reporting structure that will influence future performance metrics.

What we're watching

  • Whether the quarterly profit decline is a seasonal trend or a shift in demand.
  • The contribution of Esthara Jewels to consolidated margins in coming quarters.
  • Any management commentary on the sustainability of the annual profit growth.

The full read

AJC Jewel Manufacturers closed FY26 with a standalone net profit of ₹802.57 lakhs, a sharp 180% increase over the ₹286.34 lakhs reported in FY25. Despite the strong annual performance, the company saw a sequential decline in the final quarter, with profit dropping to ₹196.18 lakhs from ₹345.31 lakhs in the previous quarter. These results mark the first time the company has included its new subsidiary, Esthara Jewels, in its consolidated financials. This is a routine periodic disclosure that confirms previously indicated trends. The primary test for the company now is whether it can maintain its annual momentum despite the recent quarterly dip.

Questions answered

How did the annual profit compare to the previous year?
Standalone net profit for FY26 reached ₹802.57 lakhs, marking a 180% increase over the ₹286.34 lakhs reported in FY25.
What was the quarterly performance trend?
Profit fell to ₹196.18 lakhs in the final quarter, down from the ₹345.31 lakhs recorded in the preceding quarter.
What changed in the consolidated financial reporting?
The company included its newly acquired subsidiary, Esthara Jewels, in its consolidated results for the first time.
Mentioned: AJC Jewel Manufacturers Ltd. · Esthara Jewels
Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

  1. 28 May 2026 · 12:13 PM IST AJC Jewel Manufacturers reports annual profit of ₹802.57 lakhs
  2. 1d ago AJC Jewel Manufacturers profit triples as revenue climbs 32%