Advit Jewels Ltd shares declined 6.06% to ₹200.58 on Tuesday, July 21, 2026, despite the Jaipur-based jewellery maker reporting robust financial results for FY26. According to reports from The Hindu BusinessLine, the stock opened at ₹205 and touched a low of ₹199.10 during the session, against a previous close of ₹213.51. The total traded volume stood at 9.44 lakh shares with a traded value of ₹19.36 crore, while the company's total market capitalisation was ₹918.86 crore at the time of reporting.
The company delivered impressive financial results for FY26, with net profit rising 35.56% year-on-year to ₹34.39 crore. As reported by The Hindu BusinessLine, total income increased 33.68% to ₹167.03 crore from ₹124.94 crore in FY25. EBITDA grew 32.52% to ₹49.24 crore, though the EBITDA margin compressed marginally by 26 basis points to 29.48%. The net profit margin improved slightly to 20.59% from 20.30%, while diluted earnings per share rose to ₹10.74 from ₹7.92. The company's total assets stood at ₹17,176.25 lakh as of March 31, 2026, up from ₹14,085.40 lakh in the previous year, driven by the manufacturing of gold ornaments and jewellery, including Kundan, Meena and Polki Jewellery.
For the fourth quarter ended March 31, 2026, Advit Jewels reported total income of ₹432 crore, net profit of ₹87 crore, and EBITDA of ₹125 crore. According to the company's latest financial results, revenue fell significantly to ₹432 crore from ₹600 crore year-on-year, representing a substantial decline in quarterly performance. The EBITDA margin contracted sharply to 29.00% from 35.94%, indicating increased cost pressures relative to revenue during the quarter. Net profit saw a steep decline of approximately 46%, falling from ₹162 crore to ₹87 crore over the same period. Total expenses for Q4 stood at ₹3,256.26 lakh compared to ₹4,034.35 lakh in Q4 FY25.
The company achieved a significant milestone with the successful listing of its equity shares on the NSE and BSE on July 01, 2026. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at a meeting held on July 20, 2026. The results were reviewed by the Audit Committee and audited by Statutory Auditors M/s Keyur Shah & Co., who issued an unmodified opinion. The company also noted that it had allotted 32,000,000 bonus equity shares of ₹10 each on August 26, 2025, with the Board appointing M/s ATCS & Associates as Secretarial Auditors for a first term of five years commencing from April 1, 2026, to March 31, 2031, subject to shareholder approval at the ensuing Annual General Meeting.
