Advit Jewels shares slip 6% despite strong FY26 numbers; net profit up 36%
AI Summary
Advit Jewels Ltd's shares dropped 6.06% to ₹200.58 despite reporting strong FY26 financial results, with a 35.56% year-on-year increase in net profit to ₹34.39 crore and total income rising 33.68% to ₹167.03 crore. The stock opened at ₹205 and reached a low of ₹199.10 during trading, reflecting a market capitalization of ₹918.86 crore.
Shares of Advit Jewels Ltd fell 6.06 per cent to ₹200.58 on Tuesday, July 21, 2026, even as the Jaipur-based jewellery maker reported robust financial results for FY26, with net profit rising 35.56 per cent year-on-year to ₹34.39 crore.
The stock opened at ₹205 and touched a low of ₹199.10 during the session, against a previous close of ₹213.51. Total traded volume stood at 9.44 lakh shares, with a traded value of ₹19.36 crore. The company’s total market capitalisation was ₹918.86 crore at the time of reporting.
On the financial front, Advit Jewels posted total income of ₹167.03 crore for FY26, up 33.68 per cent from ₹124.94 crore in FY25. EBITDA grew 32.52 per cent to ₹49.24 crore, while the EBITDA margin came in at 29.48 per cent, a marginal compression of 26 basis points from the previous year. Net profit margin improved slightly to 20.59 per cent from 20.30 per cent, and diluted earnings per share rose to ₹10.74 from ₹7.92.
For the fourth quarter ended March 31, 2026, the company reported total income of ₹43.23 crore, net profit of ₹8.74 crore, and an EBITDA of ₹12.56 crore.
Advit Jewels manufactures traditional and contemporary handcrafted jewellery, including Kundan, Polki, Diamond, and Studded pieces, from its integrated facility in Jaipur. The company has an installed capacity of 400 kg of gold jewellery annually and serves retailers, wholesalers, and customers across India.
The stock has traded between ₹161.60 and ₹222 since its listing.
Original Article
Published on Hindu BusinessLine