Synopsis:
Uday Jewellery Industries Ltd, a prominent player in the jewellery manufacturing sector, showcased stellar performance in Q1FY26 with significant YoY and sequential growth across key financial metrics.
In Q1FY26, Jewellery stock delivered robust results with triple-digit YoY growth in sales, EBIDT, and net profit, driven by strong demand and operational efficiency, while also posting healthy QoQ gains.
With a market capitalization of Rs. 372 cr, the shares of Uday Jewellery Industries Ltd is currently trading at Rs. 162.20 apiece, jumped 20% from its previous close of Rs. 145.60, making today’s high of Rs. 174.70 apiece.
Q1FY26 Results
For Q1FY26, Uday Jewellery reported sales of Rs. 113 crore, marking a 172% YoY surge from Rs. 41.5 crore in Q1FY25 and a 33.7% QoQ rise from Rs. 84.5 crore in Q4FY25. EBIDT grew sharply by 179% YoY to Rs. 10.9 crore vs Rs. 3.90 crore in Q1FY25 and 453% QoQ vs Rs. 1.97 crore.
Net profit jumped 196% YoY to Rs. 7.76 crore from Rs. 2.62 crore and soared 653% QoQ from Rs. 1.03 crore, reflecting strong operational leverage and profitability momentum.
About the company
Uday Jewellery Industries Ltd is primarily engaged in the manufacturing, trading, and sale of gold jewellery studded with cubic zirconia (CZ), colored stones, and diamonds, along with silver items. The company offers a wide range of designs including rings, necklace sets, earrings, pendant sets, bangles, bracelets, and more crafted to cater to both domestic and export markets.
The company is recognized as a leading wholesaler of CZ and color-stone–studded jewellery, supplying to marquee branded retail players across India, and is also pushing for expansion into international markets. The company has recorded a ROCE of 14.2% and a ROE of 11.8%, with a strong sales growth of 28.3% over the past decade.
Management Commentary & Outlook
The management highlighted that Q1FY26 witnessed significant growth in both total income and profitability, driven by robust sales, effective cost control, and a commitment to delivering value-added, well-designed products. Despite intense competition, they remain confident in sustaining long-term growth and improving operational efficiency, expecting their strategies to support strong performance in the coming quarters.
For the remainder of FY2026, Uday Jewellery remains optimistic, with plans to boost growth and enhance shareholder value through innovation, an expanded product portfolio, and entry into new markets.
Written by Manideep Appana
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