Mumbai : Utssav CZ Gold Jewels Limited (Utssav, The Company), (NSE Code: UTSSAV) one of the leading manufacturers of 18K, 20K, and 22K CZ gold, plain gold, gold & diamond jewellery has announced its audited Financial Results for H2 FY26 & FY26.

Key Financial Highlights H2 FY26 –

  • Total Income of ₹ 681.00 Cr, YoY growth of 87.79%
  • EBITDA of ₹ 48.67 Cr, YoY growth of 98.95%
  • EBITDA Margin of 7.15%, YoY growth of 40 Bps
  • PAT of ₹ 29.64 Cr, YoY growth of 95.20%
  • PAT(%) of 4.35%, YoY growth of 17 Bps
  • EPS of ₹ 11.86, YoY growth of 82.74%

Key Financial Highlights FY26 –

  • Total Income of ₹ 1,157.46 Cr, YoY growth of 78.71%
  • EBITDA of ₹ 93.70 Cr, YoY growth of 132.28%
  • EBITDA Margin of 8.10%, YoY growth of 187 Bps
  • PAT of ₹ 59.06 Cr, YoY growth of 135.67%
  • PAT(%) of 5.10%, YoY growth of 123 Bps
  • EPS of ₹ 23.95, YoY growth of 105.93%

Commenting on the Performance, Mr. Pankajkumar Jagawat, Managing Director of Utssav CZ Gold Jewels Limited said, “We are pleased to deliver robust growth momentum during FY26, reporting revenue growth of 79% for FY26 and 88% in H2 FY26, driven by healthy festive and wedding season demand, repeat orders from existing customers, and the addition of 112 new clients.

During the year, we strengthened our product portfolio through a higher contribution from natural diamond jewellery and the introduction of new product lines in plain gold and lab-grown diamonds, which enhanced our product mix and realizations. Additionally, the incorporation of our wholly owned subsidiary in the UAE is expected to improve trade efficiencies and support our expanding global footprint.

Despite volatility in gold prices, we maintained strong operational momentum through our differentiated lightweight jewellery offerings, efficient inventory management, and customer-centric innovation approach.

As we move ahead, strong retailer relationships, expanding B2B reach, deeper market penetration, and integrated manufacturing and design capabilities will continue to strengthen scalability and execution capabilities. These consolidated efforts are expected to accelerate our growth trajectory and further strengthen our position in the evolving global jewellery landscape.”