Announced Tue, 11 Nov · 16:22 IST

Pursuant to Reg. 30 and 33 of SEBI (LODR) Reg., 2015, we would like to inform you that the Board of Directors at their Board meeting held on today 11th November, 2025 inter alia, has transacted ....

Pat Growth 25pctEbitda Margin ExpansionNegative Operating CashflowResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ashapuri Gold Ornament Ltd reported strong Q2 FY26 results, with revenue from operations rising about 18% year-on-year to Rs. 10,240.39 lakhs (vs. Rs. 8,689.20 lakhs in Q2 FY25). Half-year revenue grew to Rs. 15,535.70 lakhs from Rs. 13,112.31 lakhs in H1 FY25. Net profit more than doubled to Rs. 846.95 lakhs in Q2 FY26 (vs. Rs. 346.23 lakhs), taking H1 FY26 PAT to Rs. 1,164.02 lakhs against Rs. 606.42 lakhs a year ago. Profitability improved sharply, with operating margins expanding meaningfully YoY thanks to better cost management. Statutory auditor Shivam Soni & Co. issued an unmodified (clean) limited review report on the results. However, operating cash flow remained negative at Rs. (309.03) lakhs in H1 FY26, mainly because trade receivables ballooned to Rs. 6,934.81 lakhs from Rs. 2,194.40 lakhs at the end of FY25.

Likely market impact

Strong profit growth driven by margin expansion is positive for shareholders, but the sharp rise in receivables and negative operating cash flow warrant a close watch on working capital and collection quality. Near-term stock sentiment may get a lift from the earnings beat; medium-term concerns remain around cash conversion.