Sunraj Diamond Exports Ltd (523425)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Sunraj Diamond's revenue was ₹0.4 Cr (+93.1% year on year), and net profit ₹-0.1 Cr (a smaller loss than a year earlier); the operating margin was -16.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹0.4 | +93.1% | — |
| Operating profit | ₹-0.1 | loss narrowed | loss narrowed |
| Net profit | ₹-0.1 | loss narrowed | loss widened |
| EPS (₹) | -0.15 | loss narrowed | loss widened |
| Operating margin | -16.1% | — | — |
📢 Recent Corporate Announcements
Sunraj Diamond Exports has published its 36th Annual Report for FY25-26 following its Annual General Meeting on September 30, 2026. The disclosures highlight disputed income tax contingent liabilities of ₹1.99 Cr (198,994.93 hundred Rs) alongside undisputed tax and statutory dues of around ₹0.38 Cr. Against the company's net worth of ₹2 Cr and FY26 revenue of ₹2.34 Cr, these pending tax claims represent a substantial financial overhead. Operationally, the company remains focused entirely on a single segment of trading in gems and precious metals.
- Published 36th Annual Report for FY25-26 post the AGM conducted on 30th September 2026.
- Total disputed income tax matters under appeal stand at ₹1.99 Cr (198,994.93 hundred Rs) as of 31st March 2026.
- Undisputed statutory liabilities include ₹30,626.86 hundred (approx. ₹30.63 lakh) for Income Tax and ₹7,470.00 hundred (approx. ₹7.47 lakh) for GST.
- Total written down value of fixed assets reported at ₹15.21 lakh (₹1,520,715) as on 31st March 2026.
Sunraj Diamond Exports Ltd has submitted its 36th Annual Report for the financial year 2025-2026 pursuant to Regulation 34 of SEBI LODR. The company will hold its 36th Annual General Meeting (AGM) virtually on September 30, 2026. The cut-off date for remote e-voting is September 18, 2026, with the voting window open from September 27 to September 29, 2026. Key agenda items include adopting the FY26 financial statements and the re-appointment of Mrs. Shruti Sunny Gandhi as director retiring by rotation.
- 36th Annual General Meeting scheduled for Wednesday, September 30, 2026, at 11:30 a.m. IST via Video Conferencing.
- Cut-off date to determine voting eligibility set as Friday, September 18, 2026.
- Remote e-voting window begins on September 27, 2026 (9:00 AM) and closes on September 29, 2026 (5:00 PM).
- Ordinary business includes adoption of standalone and consolidated financial statements for FY ended March 31, 2026.
Sunraj Diamond Exports reported consolidated revenue from operations of ₹44.42 lakh for Q1 FY27 (quarter ended June 30, 2026), marking a 93.8% increase YoY from ₹22.92 lakh in Q1 FY26 and up sequentially from ₹2.44 lakh in Q4 FY26. The consolidated net loss narrowed YoY to ₹7.85 lakh compared to a loss of ₹14.95 lakh in Q1 FY26, though it widened slightly from ₹5.39 lakh in Q4 FY26. Basic and diluted EPS for the quarter was ₹(0.15). Operating scale remains very small in its core gems and precious metals trading business.
- Consolidated revenue from operations rose to ₹44.42 lakh from ₹22.92 lakh in Q1 FY26.
- Consolidated net loss stood at ₹7.85 lakh compared to a loss of ₹14.95 lakh in Q1 FY26 and ₹5.39 lakh in Q4 FY26.
- Total expenses for the quarter were ₹52.26 lakh, primarily driven by ₹46.02 lakh in stock-in-trade purchases.
- Reported EPS for the quarter stood at ₹(0.15) on paid-up equity capital of ₹53.30 lakh.
Sunraj Diamond Exports reported consolidated revenue from operations of Rs 44.42 Lakhs for the quarter ended June 30, 2026, up 93.8% YoY from Rs 22.92 Lakhs in Q1 FY26. Consolidated net loss narrowed YoY to Rs 7.85 Lakhs compared to a net loss of Rs 14.95 Lakhs in the year-ago period. Total consolidated expenses stood at Rs 52.26 Lakhs, primarily driven by purchase of stock-in-trade of Rs 46.02 Lakhs. The company operates at a micro scale in gems trading and continues to post operational losses.
- Consolidated revenue from operations rose 93.8% YoY to Rs 44.42 Lakhs from Rs 22.92 Lakhs in Q1 FY26
- Consolidated net loss narrowed to Rs 7.85 Lakhs vs a loss of Rs 14.95 Lakhs in Q1 FY26
- Purchase of stock-in-trade stood at Rs 46.02 Lakhs compared to Rs 44.09 Lakhs in Q1 FY26
- Consolidated basic and diluted EPS reported at Rs (0.15) for the quarter
Sunraj Diamond Exports approved its standalone financial results for Q1 FY27 (quarter ended June 30, 2026), reporting revenue from operations of ₹44.42 Lakhs compared to ₹22.92 Lakhs in Q1 FY26. Total expenses stood at ₹52.30 Lakhs, resulting in a net loss of ₹7.90 Lakhs against a net loss of ₹14.95 Lakhs in the corresponding quarter last year. The Board also took on record revised FY26 consolidated statements featuring an auditor qualification regarding non-provisioning of employee retirement benefits under Ind AS 19.
- Q1 FY27 revenue from operations stood at ₹44.42 Lakhs compared to ₹22.92 Lakhs in Q1 FY26 and ₹2.44 Lakhs in Q4 FY26.
- Net loss for the quarter narrowed to ₹7.90 Lakhs from a loss of ₹14.95 Lakhs in Q1 FY26.
- Total expenses for Q1 FY27 were ₹52.30 Lakhs, led by ₹46.02 Lakhs in purchases of stock-in-trade.
- Auditor issued a qualified opinion on consolidated accounts due to unperformed actuarial valuation for employee retirement benefits under Ind AS 19.
Sunraj Diamond Exports has scheduled a board meeting for August 14, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. Crucially, the board will also consider and approve revised audited consolidated financial statements for the full year ended March 31, 2026. This revision is notable given the company's micro-cap status (Rs 7 Cr market cap) and extremely high debt-to-equity ratio of 15.29. Investors should scrutinize the upcoming filing for the reasons behind the revision of previously audited figures.
- Board meeting scheduled for August 14, 2026, to approve Q1 FY27 results
- Agenda includes the approval of revised audited Consolidated Financial Statements for FY26
- Company reported a net loss of Rs -0.02 Cr for FY26 on revenue of Rs 2.34 Cr
- Debt-to-equity ratio stands at a high 15.29 with a net worth of only Rs 1 Cr
Sunraj Diamond Exports Ltd has scheduled a board meeting for August 14, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of just Rs 7 Cr and is currently under significant financial stress with a debt-to-equity ratio of 15.29. TTM revenue stands at Rs 2 Cr, but the most recent quarter (March 2026) saw revenue plunge to just Rs 0.02 Cr. Investors should monitor the upcoming results for any signs of operational recovery or debt restructuring updates.
- Board meeting scheduled for August 14, 2026, at 3:30 PM IST.
- Agenda includes approval of standalone and consolidated financial statements for the quarter ended June 30, 2026.
- Company carries a high debt of Rs 15 Cr against a small net worth of Rs 1 Cr.
- TTM revenue is low at Rs 2 Cr with a negative operating margin of -17.1%.
- Promoter holding has remained stagnant at 35.83% over the last four quarters.
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