BSEManoj Jewellers LtdHighNeutral
Announced Fri, 7 Nov · 19:04 IST

Financial Results for the half year ended as on 30th September 2025.

Revenue Growth 20pctPat Growth 25pctNegative 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

Manoj Jewellers reported a strong first half of FY26 (April–September 2025). Revenue from operations nearly doubled to Rs 69.14 crore from Rs 34.84 crore in the same period last year, a jump of about 98%. Profit after tax more than doubled to Rs 5.65 crore from Rs 2.50 crore, up around 126% year-on-year. Profit before tax came in at Rs 7.55 crore with basic EPS of Rs 6.75 for the half year. Financial costs dropped sharply from Rs 96.54 lakh to Rs 53.25 lakh, helping boost margins. The company recently listed on the BSE SME platform in May 2025 after raising Rs 16.20 crore via IPO, which has strengthened its reserves and surplus to Rs 26.51 crore. However, operating cash flow turned negative at Rs -50 lakh due to a big build-up in trade receivables (Rs 12.24 crore vs Rs 4.36 crore at year-end) and inventory.

Likely market impact

Strong revenue and profit growth signal healthy demand momentum for the jeweller and should be positive for the stock. However, the negative operating cash flow caused by rising receivables and inventory is a watch point — investors should track working capital trends in upcoming quarters to ensure growth converts to cash.