Manoj Vaibhav Gems N Jewellers Ltd (MVGJL) — FY26 Annual Report | 1 September 2026 (2 announcements)

Manoj Vaibhav Gems N Jewellers Ltd (MVGJL) reported FY 2025-26 revenue of ₹2,744.03 crores (15.1% YoY growth), EBITDA of ₹185.25 crores (12.6% YoY growth), and PAT of ₹114.98 crores (14.5% YoY growth). The company operates 21 showrooms across Andhra Pradesh and Telangana, with a strong focus on regional expansion, digital commerce, and premium sub-brands like Visesha. The 37th AGM is scheduled for September 25, 2026, via video conferencing. Remuneration for key directors was approved, including the Chairperson’s annual package capped at ₹4.6 million. Independent Directors confirmed compliance with governance norms. The company maintains a healthy debt-equity ratio of 0.55 and a current ratio of 1.79, reflecting solid liquidity. No dividends were recommended for FY 2025-26.

Manoj Vaibhav Gems N Jewellers Limited (MVGJL) reported FY 2025-26 revenue of ₹2,744.03 crores (up 15.1% YoY) and EBITDA of ₹185.25 crores (up 12.6% YoY), with PAT at ₹114.98 crores. The company expanded retail presence into Tier II/III markets, launched digital commerce initiatives including virtual try-on, and strengthened brand campaigns like 'Choose Vaibhav'. It re-appointed key directors and managerial personnel with remuneration capped at Rs. 1.60 crore for the Chairperson and Rs. 1.134 crore for the CFO. Governance disclosures include a 4-person independent board, committee structures, and compliance with SEBI and Companies Act norms. No material litigation or regulatory penalties were noted.