Integrated Filing — IndAS



General information about company

Scrip Code 544974
NSE Symbol NITYAS
MSEI Symbol NOTLISTED
ISIN INE211501023
Name of company NITYAS GEMS AND JEWELLERY 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 06-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 28-10-2026
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 Consolidated
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 Manufacturing of jewellery
Start date and time of board meeting 06-11-2026   13:00:00
End date and time of board meeting 06-11-2026   16:05:00
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



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 Consolidated Consolidated
1 Income
Revenue from operations 7,430.20 11,695.50
Other income 98.40 105.10
Total income 7,528.60 11,800.60
2 Expenses
(a) Cost of materials consumed 6,322.30 10,077.90
(b) Purchases of stock-in-trade 378.00 637.50
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (147.10) (477.90)
(d) Employee benefit expense 125.60 249.60
(e) Finance costs 63.90 115.80
(f) Depreciation, depletion and amortisation expense 94.60 186.50
(f) Other Expenses
1 Other Expenses 64.00 148.70
Total other expenses 64.00 148.70
Total expenses 6,901.30 10,938.10
3 Total profit before exceptional items and tax 627.30 862.50
4 Exceptional items 0.00 0.00
5 Total profit before tax 627.30 862.50
6 Tax expense
7 Current tax 139.90 241.10
8 Deferred tax (17.40) (97.50)
9 Total tax expenses 122.50 143.60
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 504.80 718.90
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 504.80 718.90
17 Other comprehensive income net of taxes 2.70 1.00
18 Total Comprehensive Income for the period 507.50 719.90
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 507.80 823.40
Total profit or loss, attributable to non-controlling interests (3.00) (104.50)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 510.60 824.90
Total comprehensive income for the period attributable to owners of parent non-controlling interests (3.10) (105.10)
21 Details of equity share capital
Paid-up equity share capital 2,156.90 2,156.90
Face value of equity share capital 5 5
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 1.18 1.91
Diluted earnings (loss) per share from continuing operations 1.18 1.91
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 1.18 1.91
Diluted earnings (loss) per share from continuing and discontinued operations 1.18 1.91
24 Debt equity ratio 0.2400 0.2400
25 Debt service coverage ratio 6.9600 5.5600
26 Interest service coverage ratio 10.9200 8.5300
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above Unaudited Consolidated Financial Results, which are published in accordance with Regulation 33 of the SEBI (Listing Obligations & Disciosure Requirements) Regulations, 2015, as amended, have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 06, 2026. The statutory auditors have carried out a limited review on these results and issued an unmodified conclusion. 2. The Parent Company along with its subsidiaries (collectively referred as the “Group”) is primarily engaged in the business of manufacturing and trading of gold, silver and diamond (including Laboratory Grown Diamonds, popularly known as “Lab Grown Diamonds”) jewellery. 3. The Group is primarily engaged in the business of manufacturing and trading of gold, silver and diamond (including lab grown diamonds) jewellery. The operations of the Group are managed and evaluated as a single operating segment by the Chief Operating Decision Maker (CODM) for the purpose of resource allocation and assessment of performance. In accordance with the requirements of Indian Accounting Standard (Ind AS) 108 – Operating Segments, segment reporting is applicable only when financial information is available and evaluated regularly by the CODM in deciding how to allocate resources and in assessing performance of different operating segments. Since the Group’s business activities fall within a single operating segment and are reviewed as a whole by the CODM, the management has concluded that the Group constitutes a single reportable segment. Accordingly, no separate segment disclosures have been presented. 4. Pursuant to the Regulations 13(3) of SEBI (Listing Obligations and Disclosure Requirement) Regulations, 2015, we are enclosing herewith the details regarding investor’s complaints during the period ended September 30, 2026 as under: Sr. Particulars No. of Complaints (i) No. of investor complaints pending at the beginning of the period Nil (ii) Received during the period Nil (iii) Disposed during the period Nil (iv) Remaining unresolved at the end of the period Nil 5. Figures pertaining to the previous year/period have been regrouped, rearranged, or reclassified wherever considered necessary, to make them comparable with those of current year/period. 6. With effect from March 13, 2026, the Parent Company subdivided its equity shares to a face value of Rs. 5 each and subsequently issued 10 bonus equity shares of Rs. 5 each for every existing equity share (bonus ratio 10:1). The effects of the share split and bonus issue have been retrospectively considered in the calculation of basic EPS and dilued EPS for the quarter ended September 30, 2025, and the half year ended September 30, 2025. 7. The Unaudited Consolidated Financial Results includes the results for the quarter ended September 30, 2025, being the balancing figure between the unaudited figures for the half year ended September 30, 2025, and the unaudited figures for the quarter ended June 30, 2025, neither which were subjected to limited review by us or by the auditor of Ratna LGD Private Limited. 8. The Unaudited Consolidated Financial Results also includes the results for the quarter ended September 30, 2026, being the balancing figure between the unaudited figures for the half year ended September 30, 2026, and the unaudited figures for the quarter ended June 30, 2026, which were subjected to limited review by us or by the auditor of Ratna LGD Private Limited.



Remarks

Debt equity ratio Total debt includes current and non-current borrowings and current and non-current lease liability.
Debt service coverage ratio Interest on lease liabilities has been included in the numerator.
Interest service coverage ratio Interest on lease liabilities has been included in the numerator.


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 Consolidated
Assets
1 Non-current assets
Property, plant and equipment 1,112.30
Capital work-in-progress
Investment property
Goodwill 785.90
Other intangible assets 28.70
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 Other Financial Assets 138.10
Total of other non-current financial assets 138.10
Total non-current financial assets 138.10
Deferred tax assets (net) 176.70
Other non-current assets
Total of other non-current assets
Total non-current assets 2,241.70
2 Current assets
Inventories 6,831.00
Current financial asset
Current investments 0.00
Trade receivables, current 3,159.30
Cash and cash equivalents 42.10
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 3,201.40
Current tax assets (net) 0.40
Other current assets
1 Other Current Assets 501.10
Total of other current assets 501.10
Total current assets 10,533.90
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 12,775.60
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 2,156.90
Other equity 4,911.80
Total equity attributable to owners of parent 7,068.70
Non controlling interest 1,594.20
Total equity 8,662.90
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 578.40
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 578.40
Provisions, non-current 43.50
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total of other non-current liabilities
Total non-current liabilities 621.90
Current liabilities
Current financial liabilities
Borrowings, current 1,485.30
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 225.70
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 997.70
Total Trade payable 1,223.40
Other current financial liabilities
1 Other Financial Liabilities 99.10
Total of other current financial liabilities 99.10
Total current financial liabilities 2,807.80
Other current liabilities 599.40
1 Other Current Liabilities 599.40
Total of other current liabilities 599.40
Provisions, current 6.20
Current tax liabilities (Net) 77.40
Deferred government grants, Current
Total current liabilities 3,490.80
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 4,112.70
Total equity and liabilites 12,775.60
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 Consolidated Consolidated
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 Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss 3.20 1.10
Total Amount of items that will not be reclassified to profit and loss 3.20 1.10
2 Income tax relating to items that will not be reclassified to profit or loss 0.50 0.10
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 2.70 1.00



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 Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 862.50
Adjustments for reconcile profit (loss)
Adjustments for finance costs 115.80
Adjustments for decrease (increase) in inventories (471.80)
Adjustments for decrease (increase) in trade receivables, current (1,005.80)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 33.70
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (44.90)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 384.10
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (12.80)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 186.60
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 14.60
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (7.70)
Adjustments for dividend income 0.00
Adjustments for interest income 2.90
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (88.40)
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 5.40
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (894.10)
Net cash flows from (used in) operations (31.60)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 150.00
Other inflows (outflows) of cash 10.60
Net cash flows from (used in) operating activities (171.00)
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 0.00
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 93.70
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 1.40
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 0.00
Interest received 0.10
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (2.10)
Net cash flows from (used in) investing activities (97.10)
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 0.00
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 465.50
Repayments of borrowings 9.00
Payments of lease liabilities 85.90
Dividends paid 0.00
Interest paid 114.60
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 256.00
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (12.10)
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 (12.10)
Cash and cash equivalents cash flow statement at beginning of period 54.20
Cash and cash equivalents cash flow statement at end of period 42.10