Annual Report - 2026

SWARNSARITA JEWELS INDIA LIMITED (CIN: L36911MH1992PLC068283) Add.: Office No. 104, First Floor, 17/19, Swarn House, Dhanji Street, Mumbadevi, Zaveri Bazar, Mumbai – 400003 Tel. no.: 022-43590000; Email: info@swarnsarita.com Website: www.swarnsarita.com August 03, 2026 Asst. General Manager, Dept. of Corporate Services. BSE Limited, 14th Floor, P.J. Towers, Dalal Street, Fort, Mumbai: 400 001, Maharashtra, Mumbai Respected Sir, Scrip Code: 526365 / Scrip ID: SWARNSAR Subject: Submission of Annual Report for F.Y. ended March 31, 2026 Respected Sir, With reference to above captioned subject, we are attaching herewith copy of the Annual Report (in searchable Format) for the F.Y. ended on March 31, 2026. Please take the same in your record. Thanking You, Yours faithfully, FOR SWARNSARITA JEWELS INDIA LIMITED (Earlier known as Swarnsarita Gems Limited) DEEPAK SUTHAR Company Secretary and Compliance Officer Place: Mumbai ANNUAL REPORT 2025-26 SWARNSARITA JEWELS INDIA LIMITED SWARN SARI TA WORLD CLASS JEWELLERY ANTIQUE DIAMOND I POLKI Scan QR for Annual Report By Swarnsarita Jewels Blank Page CONTENT SR. NO. PARTICULARS PAGE NO. 01. COMPARATIVE ANALYSIS OF LAST YEARS’ RESULTS 4 02. GRAPHICAL REPRESENTATION OF RESULTS 5 03 GENERAL INFORMATION 6 04. NOTICE OF ANNUAL GENERAL MEETING 7 05. BOARD REPORT 21 06. MANAGEMENT DISCUSSION AND ANALYSIS REPORT 31 07. CORPORATE GOVERNANCE REPORT 55 08. STANDALONE AUDITORS’ REPORT 7 4 09. STANDALONE BALANCE SHEET 9 1 10. STANDALONE PROFIT & LOSS 9 2 11. STANDALONE CASH FLOW STATEMENT 9 3 12. STANDALONE SCHEDULES 9 4 13. CONSOLIDATED AUDITORS’ REPORT 1 28 14. CONSOLIDATED BALANCE SHEET 1 39 15. CONSOLIDATED PROFIT & LOSS 1 40 16. CONSOLIDATED CASH FLOW STATEMENT 1 41 17. CONSOLIDATED SCHEDULES 1 42 18. PROXY FORM 1 78 19. BALLOT PAPER 1 79 20. ATTENDANCE SLIP 1 80 21 ROUTE MAP 1 81 COMPARATIVE ANALYSIS OF LAST YEAR’S RESULTS (Amt. in Lakhs except EPS) F o r t h e y ear For the year For the For the For the Particular ended ended year ended year ended year ended on on on on on 31.03.2026 31.03.2025 31.03.2024 31.03.2023 31.03.2022 Net Sales 78,527.46 67,369.58 68,116.85 84,765.80 84,119.12 Other Income 1084.27 586.49 478.33 402.86 833.52 Total Income 79,611.72 67,956.07 68,595.18 85,168.66 84,952.65 Expenditure 78,020.92 66,849.57 67,904.56 84,486.81 83,879.77 PBIT 2,139.80 1794.11 1,580.00 1,486.60 1,791.00 Interest 549.00 650.35 859.03 778.58 691.95 Depreciation 29.46 37.26 30.34 26.17 26.17 PBT 1,590.80 1106.20 690.63 681.63 1,072.88 Tax 427.59 377.72 181.98 171.75 265.65 PAT 1,163.20 728.78 508.65 510.10 807.23 Net Profit 1,148.46 739.58 516.19 504.46 818.12 Basic & 5.57 3.49 2.44 2.44 3.87 Diluted EPS (Rs) Dividend Paid --- --- --- --- --- / Proposed (In %) Equity Capital 2,083.76 2083.76 2,083.76 2,083.76 2,083.76 Reserves 12,147.70 10999.24 10,259.65 9743.46 9,239.00 & Surplus Net worth 14,231.46 13,083.00 12,343.21 11,827.22 11,322.76 Book Value Rs.10/-each Rs.10/-each Rs.10/-each Rs.10/-each Rs.10/-each per share (Rs) Basic & 5.57 3.49 2.44 2.44 3.87 Diluted Cash EPS (Rs) GRAPHICAL REPRESENTATION OF RESULTS Turnover (In Lakhs) 90,000.00 00,000.00 70,000.00 60,000.00 50,000.00 40,000.00 30,000,00 20,000.00 10,000.00 0.00 2025-26 2024-25 202324 2022-23 2021-22 Profit (in Lakhs) 1,400.00 1,200.00 1,000.00 800.00 600.00 400.00 200.00 0.00 2025-26 202425 2023-24 2022-23 2021-22 GENERAL INFORMATION 34th ANNUAL REPORT FOR THE FINANCIAL YEAR ENDED ON 31ST MARCH, 2026 BOARD OF DIRECTORS: NAME OF DIRECTOR DESIGNATION DIN Mr. Mahendra Madanlal Chordia Managing Director-Executive 00175686 Mr. Sunny Mahendra Chordia Whole-time Director-Executive 06664041 Mrs. Rajul Chordia Whole-time Director-Executive 08827725 Mr. Dhruvin Bharat Shah Independent Director-Non-Executive 07528387 (cessation w.e.f. 28th May, 2026) Mr. Deep Shailesh Lakhani Independent Director-Non-Executive 08018001 Mr. Umang Mitul Mehta Independent Director -Non-Executive 07974230 Mr. Jash Amit Adani Independent Director -Non-Executive 11746006 (Appointed w.e.f. 28th May, 2026) Chief Financial Officer Company Secretary & Compliance Officer Mr. Sanket Sushil Dangi Mr. Deepak Suthar, Statutory Auditors Secretarial Auditor BANSHI JAIN & ASSOCIATES, Mr. Deep Omprakash Shukla, Chartered Accountants, Mumbai Practicing Company Secretary, Mumbai Bankers Internal Auditor Union Bank Of India YES Bank Limited Viral P. Shah & Company, ICICI Bank Limited Chartered Accountants, Ahmedabad, Gujrat Registrar and Share Transfer Agent The name of the RTA changed from “Link Intime India Private” Address: to “MUFG Intime India Private Limited” (MUFG Intime / RTA) Office number 104, First Floor, Swarn House, with effect from December 31, 2024 upon acquisition of Link Dhanji Street, Zaveri Bazar, Mumbadevi, group by Mitsubishi UFJ Trust & Banking Corporation. Mumbai-400003, Maharashtra C-101, 247 Park, L.B.S.Marg, Vikhroli West, Mumbai – 400083, Maharashtra, India. Tel No.: 022 - 4918 6000 Tel: 022-43590000; E-mail: mumbai@in.mpms.mufg.com Email - info@swarnsarita.com Branches: Ahmedabad(GJ): TF 306, TEN-11, Complex CG Road Navarangpura, Nearby Union Bank, Ahmedabad-380009 Kolkata (WB): Shop No. 206, Vardan Market of 25A, Camac Street, Kolkata-700016 Scan QR code for access AGM location Information for Members of 34TH Annual General Meeting Thursday, 27TH AUGUST, 2026 AT 11:00 A.M. (IST) At Sai Leela Hall, A1, 1, RN Gandhi Road, opposite, Rajawadi Colony, Ghatkopar East, Mumbai, Maharashtra 400077 Google Map Link: https://maps.app.goo.gl/9Z89zBpUW4K7Ax6w7 SWARNSARITA JEWELS INDIA LIMITED Annual Report 2025-26 SWARNSARITA NOTICE ANQUI »~noo1o onui NOTICE IS HEREBY GIVEN THAT THE 34TH ANNUAL GENERAL MEETING (‘AGM’) OF THE MEMBERS OF SWARNSARITA JEWELS INDIA LIMITED (‘THE COMPANY’) WILL BE HELD ON THURSDAY, 27TH AUGUST, 2026 AT 11:00 A.M. (IST) AT SAI LEELA HALL, A1, 1, RN GANDHI ROAD, OPPOSITE, RAJAWADI COLONY, GHATKOPAR EAST, MUMBAI, MAHARASHTRA 400077 INDIA TO TRANSACT THE BUSINESSES AS GIVEN BELOW: ORDINARY BUSINESS: 1. Adoption of Financial Statements: To receive, consider and adopt the Standalone and Consolidated Audited Financial Statements of the Company for the year ended March 31, 2026 together with the Reports of the Board of Directors and Auditor’s thereon. 2. Appointment of Mrs. Rajul Chordia (DIN: 08827725) as director liable to retire by rotation: To appoint a Director in place of Mrs. Rajul Chordia (DIN: 08827725), who retires by rotation at the ensuing Annual General Meeting and being eligible, offers herself for re-appointment. SPECIAL BUSINESS: 3. Re-appointment of Mrs. Rajul Chordia (DIN: 08827725), Whole-time Director for 5 years: To consider and, if thought fit, to pass, with or without modification(s), the following resolution as Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 196, 197, 203 and other applicable provisions, if any, of the Companies Act, 2013 ("Act") read with Schedule V to the Act and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 (including any statutory modification(s) or re-enactment(s) thereof for the time being in force), and pursuant to the recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors, consent of the members of the Company be and is hereby accorded for the re-appointment of Mrs. Rajul Chordia (DIN: 08827725) as a Whole-time Director of the Company, for a further period of 5 (five) consecutive years, with effect from September 27, 2026 to September 26, 2031, upon the terms and conditions including remuneration as set out in the Explanatory Statement annexed to this Notice. RESOLVED FURTHER THAT notwithstanding anything herein above wherein during the tenure of Mrs. Rajul Chordia (DIN: 08827725) as a Whole-time Director of the Company, the Company incurs a loss or its profits are inadequate, the Company shall pay to Mrs. Rajul Chordia (DIN: 08827725) by way of salary, bonus and other allowances as a minimum remuneration but not [Showing first 8,000 characters — download PDF for full document]