Nanavati Ventures Limited

Trades diamonds, precious metals, stones and jewellery from Surat, operating as a small BSE SME-listed entity. FY26 revenue from operations was Rs. 1,867.81 lakh, more than double the Rs. 868.42 lakh reported in FY25, driven by growth in its diamond and precious metals trading business. The business is essentially pure trading: cost of goods sold consumed 98% of revenue in FY26, leaving employee costs at 0.4% of revenue and other operating expenses at 0.5%. Despite the revenue doubling, net profit fell to Rs. 7.33 lakh from Rs. 21.86 lakh in the prior year, with basic and diluted EPS at Rs. 0.16 versus Rs. 0.47. The H1 FY26 (six months ended 30 September 2025) unaudited results showed revenue of Rs. 3,407.07 lakh, up from Rs. 2,682.03 lakh in H1 FY25, with net profit of Rs. 20.27 lakh. Trade receivables jumped sharply to Rs. 1,602.77 lakh from Rs. 593.16 lakh, short-term borrowings rose to around Rs. 1,060 lakh, and total equity stood at Rs. 2,252.40 lakh against current liabilities of Rs. 1,704.63 lakh. The company underwent a complete change in promoters in November 2025, with the prior promoter Kashmira Nanavati selling her 51.69% stake to Samad Ahmed Khan (25.69%) and Nila Biswakarma (26%).