Ashapuri Gold Ornament Ltd — Important, 20-11-2025: Company Update

Ashapuri Gold Ornament's Q2 H1 FY'26 earnings call highlights strong performance. Sales quantity grew 20% year-on-year, with total income reaching INR 102 Cr (up 18%). EBITDA more than doubled to INR 11.47 Cr, expanding margins to 11%. Profit After Tax surged 145% to INR 8.47 Cr. The company booked INR 102 Cr in fresh domestic orders and INR 5.41 Cr for its premium Aneya diamond/polki jewelry. Management outlined a focus on premium product lines, expanding relationships with national and regional chains, and leveraging its design-led manufacturing ecosystem. FY'26 volume growth is targeted at 20%, despite rising gold prices, driven by broad-based demand and operational efficiencies.