Press Release of the Company for result of H2 FY 2025-26.
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Manoj Jewellers Limited reported its highest-ever annual performance for FY26 ending March 31, 2026. Full-year Total Income grew 91.5% YoY to ₹11,419.9 lakhs, PAT grew 89.4% to ₹902.4 lakhs, and EBITDA grew 63.3% to ₹1,365.4 lakhs. EPS rose 30.7% to ₹10.4. H2 EBITDA margin held steady at 12.16% despite a sharp rise in gold prices and demand headwinds. Full-year EBITDA margin compressed to 11.96% from 14.02% due to a planned mix shift toward the high-growth B2B wholesale business, which scaled significantly faster than retail. The company launched two new product lines — Thanga Kovil lightweight temple jewellery and a traditional yellow gold line — and added 7 new wholesale clients. For FY27, the company plans to commission an in-house bangle manufacturing unit and launch a new chains product line.
Strong double-digit growth in revenue and profitability, with margin compression reflecting a business model shift toward higher-volume B2B wholesale. The company appears well-positioned for continued growth in FY27.