Uday Jewellery revenue hits ₹725 cr after Narbada merger
The company’s first full-year results post-merger show revenue nearly doubling to ₹725.63 cr and net profit reaching ₹35.76 cr.
— 1 earlier story on Uday Jewellery Industries Ltd. →What's new
- Revenue jumped to ₹725.63 cr from ₹371.76 cr following the Narbada Gems and Jewellery merger.
- Net profit rose to ₹35.76 cr, more than doubling from the previous fiscal year.
- Total assets grew to ₹380 cr from ₹225 cr, with an unmodified audit opinion.
Why this matters
These results provide the first clean, audited baseline for the combined entity. The scale shift is clear, but the real test is whether the company can maintain these margins as it prepares for its planned listing on the National Stock Exchange.
What we're watching
- The timeline for the company's planned listing on the National Stock Exchange.
- Whether the combined entity can sustain its current profit margins.
- Future disclosures on how the Narbada integration impacts operational efficiency.
The full read
Uday Jewellery Industries has reset its financial baseline. Following the integration of Narbada Gems and Jewellery, the company reported revenue of ₹725.63 crore for the fiscal year ending March 2026, nearly doubling from the ₹371.76 crore recorded a year earlier. Net profit followed a similar trajectory, climbing to ₹35.76 crore. The merger has fundamentally altered the firm's balance sheet, pushing total assets to ₹380 crore from ₹225 crore. With the statutory auditor issuing an unmodified opinion, the company now has a clean, audited view of its new scale. The focus now shifts from the integration itself to the company's stated plan to list on the National Stock Exchange. Investors have their first full-year look at the combined entity; the next test is proving this growth is sustainable.
Questions answered
- What drove the sharp increase in Uday Jewellery's financial results?
- The growth is primarily due to the integration of Narbada Gems and Jewellery, which is reflected in these first full-year audited results.
- How much did the company's asset base grow?
- Total assets increased to ₹380 crore from ₹225 crore in the previous year.
- Did the auditor raise any concerns about the financial statements?
- No. The statutory auditor issued an unmodified opinion on the accounts.
- What is the next major corporate milestone for the company?
- The company is currently working toward a plan to list its shares on the National Stock Exchange.
Story so far
All notes on UDAYJEW →- 28 May 2026 · 4:50 PM IST Uday Jewellery revenue hits ₹725 cr after Narbada merger
- today Uday Jewellery revenue doubles to ₹725.63 cr as NSE listing plan advances