Integrated Filing — IndAS



General information about company

Scrip Code 539518
NSE Symbol UDAYJEW
MSEI Symbol NOTLISTED
ISIN INE551B01012
Name of company UDAY JEWELLERY INDUSTRIES LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 14-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-11-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment JEWELLERY MANUFACTURING
Start date and time of board meeting 14-11-2026   12:30:00
End date and time of board meeting 14-11-2026   13:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 05-03-2026
Indicate Company website link for updated RPT policy of the Company https://udayjewellery.com/wp-content/uploads/2026/03/Related-Party-Policy-05032026.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No such default.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 20,934.75 35,262.11
Other income 111.53 218.05
Total income 21,046.28 35,480.16
2 Expenses
(a) Cost of materials consumed 21,474.57 32,524.96
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (3,614.79) (2,691.73)
(d) Employee benefit expense 580.43 1,060.77
(e) Finance costs 313.85 534.66
(f) Depreciation, depletion and amortisation expense 47.52 93.80
(f) Other Expenses
1 Others 361.89 648.80
Total other expenses 361.89 648.80
Total expenses 19,163.47 32,171.26
3 Total profit before exceptional items and tax 1,882.81 3,308.90
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,882.81 3,308.90
6 Tax expense
7 Current tax 483.03 841.98
8 Deferred tax 0.00 0.00
9 Total tax expenses 483.03 841.98
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,399.78 2,466.92
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,399.78 2,466.92
17 Other comprehensive income net of taxes 0.00 0.00
18 Total Comprehensive Income for the period 1,399.78 2,466.92
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 3,405.29 3,405.29
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 4.17 7.26
Diluted earnings (loss) per share from continuing operations 4.17 7.26
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 4.17 7.26
Diluted earnings (loss) per share from continuing and discontinued operations 4.17 7.26
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. These financial results have been prepared in accordance with the recognition and measurement principles of the Indian Accounting Standards (Ind AS) specified under section 133 of the Companies Act, 2013 as amended, read with relevant rules issued thereunder and other accounting principles generally accepted in India. These financial results have been prepared pursuant to the requirements of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and comply with the disclosure requirements contained therein. 2. The Chairman and the Managing Director of the Company has been identified as the Chief Operating Decision Maker (CODM) as defined by IND AS 108, Operating Segment. The Company operates in one segment only; accordingly, segment information has not been separately disclosed. 3. The above standalone financial results were reviewed and recommended by the Audit committee, later approved by the Board of Directors of the Company in their respective meetings held on 14-11-2026. These standalone unaudited financial results have been reviewed by the statutory auditors of the company and they have issued an unmodified conclusion on these standalone unaudited finanical results. 4. The figures for quarter ended September 30, 2026 are the balancing figure between the unaudited figures in respect of the Half- year ended September 30, 2026 and the published unaudited figures up to June 30, 2026 being the date of the end of the first quarter of the financial year which were subjected to a limited review. 5. During the previous year, the National Company Law Tribunal (NCLT) approved the scheme of merger of Narabada Gems and Jewellery Limited (Transferor Company) with Uday Jewellery Industries Limited (Transferee Company) on 21.01.2026 with an appointed date as 01.04.2024. As a result, the financial results for the prior quarter/period of previous year have been restated to reflect the impact of the merger. Consequently, all figures have been adjusted to present the standalone performance of the combined entity and to comply with Indian Accounting Standards (Ind AS). 6. The figures for corresponding previous year have been re-grouped/re-classified wherever necessary to make them comparable with the present results.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 1,261.04
Capital work-in-progress
Investment property
Goodwill 0.00
Other intangible assets 11.68
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 0.00
Trade receivables, non-current
Loans, non-current 0.00
Other non-current financial assets
1 Others 355.87
Total of other non-current financial assets 355.87
Total non-current financial assets 355.87
Deferred tax assets (net) 12.82
Other non-current assets
Total of other non-current assets
Total non-current assets 1,641.41
2 Current assets
Inventories 23,235.92
Current financial asset
Current investments 877.95
Trade receivables, current 13,871.83
Cash and cash equivalents 207.55
Bank balance other than cash and cash equivalents 0.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets
Total current financial assets 14,957.33
Current tax assets (net) 0.00
Other current assets
1 Others 1,135.53
Total of other current assets 1,135.53
Total current assets 39,328.78
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 40,970.19
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 3,484.37
Other equity 20,243.99
Total equity attributable to owners of parent 23,728.36
Non controlling interest
Total equity 23,728.36
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 205.07
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities
Total of other non-current financial liabilities
Total non-current financial liabilities 205.07
Provisions, non-current 85.23
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 290.30
Current liabilities
Current financial liabilities
Borrowings, current 15,300.52
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 169.74
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 461.12
Total Trade payable 630.86
Other current financial liabilities
1 Others 414.97
Total of other current financial liabilities 414.97
Total current financial liabilities 16,346.35
Other current liabilities
Total of other current liabilities
Provisions, current 154.91
Current tax liabilities (Net) 450.27
Deferred government grants, Current
Total current liabilities 16,951.53
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 17,241.83
Total equity and liabilites 40,970.19
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 0.00 0.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3,308.90
Adjustments for reconcile profit (loss)
Adjustments for finance costs 534.66
Adjustments for decrease (increase) in inventories (2,691.73)
Adjustments for decrease (increase) in trade receivables, current (481.18)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current (88.91)
Adjustments for other financial assets, current 1,005.56
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 438.33
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 211.12
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 93.80
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 2.24
Adjustments for interest income 2.17
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (982.76)
Net cash flows from (used in) operations 2,326.14
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 869.15
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 1,456.99
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 729.49
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 0.00
Purchase of property, plant and equipment 75.08
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 2.24
Interest received 2.17
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) investing activities (800.16)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 519.75
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings (692.59)
Repayments of borrowings 0.00
Payments of lease liabilities 0.00
Dividends paid 0.00
Interest paid 534.66
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (707.50)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (50.67)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (50.67)
Cash and cash equivalents cash flow statement at beginning of period 258.21
Cash and cash equivalents cash flow statement at end of period 207.54





Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Uday Jewellery Industries Limited Sanghi Jewellers Private Limited Director and relatives of the Company are directors and members Purchase of goods or services 1,00,000.00 No 1,531.60 0.00 0.00
2 Uday Jewellery Industries Limited Sanghi Jewellers Private Limited Director and relatives of the Company are directors and members Any other transaction RENT PAID 1,000.00 No 30.00 0.00 0.00
3 Uday Jewellery Industries Limited Hanumanth Rai Sanghi Promoter Group Any other transaction RENT PAID 1,000.00 No 6.25 0.00 0.00
4 Uday Jewellery Industries Limited Sanjay Kumar Sanghi Managing Director - Corporate Affairs Any other transaction RENT PAID 1,000.00 No 32.08 0.00 0.00
5 Uday Jewellery Industries Limited Ritesh Kumar Sanghi Joint Managing Director Any other transaction RENT PAID 1,000.00 No 32.08 0.00 0.00
6 Uday Jewellery Industries Limited Pritha Sanghi Whole Time Director Any other transaction RENT PAID 1,000.00 No 32.08 0.00 0.00
7 Uday Jewellery Industries Limited Bhavna Sanghi Whole Time Director Any other transaction RENT PAID 1,000.00 No 32.08 0.00 0.00
8 Uday Jewellery Industries Limited Tejas sanghi Head - Business Development Any other transaction RENT PAID 1,000.00 No 32.08 0.00 0.00
9 Uday Jewellery Industries Limited Uday Sanghi Head - Business Development Any other transaction RENT PAID 1,000.00 No 32.08 0.00 0.00
10 Uday Jewellery Industries Limited Sanghi Jewellers Private Limited Director and relatives of the Company are directors and members Interest paid 1,000.00 No 8.58 0.00 0.00
11 Uday Jewellery Industries Limited Sanghi Jewellers Private Limited Director and relatives of the Company are directors and members Any other transaction Repayment of Inter Corporate Deposit 1,000.00 No 900.00 0.00 0.00
12 Uday Jewellery Industries Limited Sanjay Kumar Sanghi Managing Director - Corporate Affairs Remuneration 1,000.00 No 36.00 0.00 0.00
13 Uday Jewellery Industries Limited Ritesh Kumar Sanghi Joint Managing Director Remuneration 1,000.00 No 36.00 0.00 0.00
14 Uday Jewellery Industries Limited Pritha Sanghi Director Remuneration 1,000.00 No 24.00 0.00 0.00
15 Uday Jewellery Industries Limited Bhavna Sanghi Director Remuneration 1,000.00 No 24.00 0.00 0.00
16 Uday Jewellery Industries Limited Tejas sanghi Head - Business Development Remuneration 1,000.00 No 27.00 0.00 0.00
17 Uday Jewellery Industries Limited Uday Sanghi Head - Business Development Remuneration 1,000.00 No 27.00 0.00 0.00
18 Uday Jewellery Industries Limited Sakshi Sanghi Associate Business Developer Remuneration 1,000.00 No 21.00 0.00 0.00
19 Uday Jewellery Industries Limited Mahima Sanghi Associate Business Developer Remuneration 1,000.00 No 21.00 0.00 0.00
20 Uday Jewellery Industries Limited Riya Jindal Company Secretary & Compliance Officer Remuneration 1,000.00 No 6.00 0.00 0.00
21 Uday Jewellery Industries Limited Rakesh Agarwal Chief Financial Officer Remuneration 1,000.00 No 4.50 0.00 0.00
Total value of transaction during the reporting period 2,895.41