Announced Wed, 12 Nov · 21:24 IST

Unaudited Standalone & Consolidated Financial Result for the Half Year ended 30.09.2025.

Revenue Growth 20pctEbitda Margin CompressionNegative 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

Dev Labtech Venture, a lab-grown diamond maker listed on BSE SME, reported H1 FY26 revenue of ₹4,924.32 lakh, more than doubling from ₹1,951.35 lakh in H1 FY25 (about 152% growth), driven by higher material consumption and inventory changes. Despite the strong top line, profit after tax fell sharply to ₹33.67 lakh from ₹48.48 lakh (around 30% decline), as employee costs tripled and operating margin compressed. Operating cash flow turned negative at ₹-181.54 lakh versus ₹666.16 lakh in the prior period, mainly due to a big jump in trade receivables and other current assets. The auditor (HAR & Co.) issued a clean limited review report with no qualifications. The company confirmed full utilisation of ₹2,227.04 lakh raised via preferential warrants for capex and working capital.

Likely market impact

Mixed signals for shareholders: revenue growth is impressive but sharp margin compression, falling PAT and negative operating cash flow raise concerns about profitability and working capital health. Investors should watch whether margin recovery and cash collection improve in the second half.