Please find enclosed 26th Annual Report of the company
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Uday Jewellery Industries filed its 26th Annual Report for FY 2024-25 with BSE. The company, a B2B manufacturer of gemstone and CZ-studded jewellery from Hyderabad, reported total revenue of ₹28,720.20 lakh, up 65.84% from ₹17,318.24 lakh in FY24. Wholesale domestic sales rose to ₹25,429.67 lakh and exports grew to ₹2,994.29 lakh. However, cost of revenue climbed 71.63%, causing gross profit to grow only 17.73% to ₹2,191.80 lakh. Operating income rose 23.50% to ₹1,468.39 lakh and profit attributable to equity holders increased 24.70% to ₹1,086.64 lakh. Net worth strengthened to ₹10,671.03 lakh, debt-to-equity improved to 0.25 from 0.43, and the current ratio rose to 4.94.
Strong top-line growth signals robust demand and successful capacity scaling (production ramping from 20 kg/month to 125 kg/month), but sharp cost inflation squeezing margins is a watchpoint. The AGM notice also seeks shareholder approval for related party transactions worth up to ₹200 crore and an increase in borrowing powers to ₹150 crore, which could dilute minority shareholder influence over related-party dealings.