Author: Sutun Nayak

Nilay Joshi -Executive Director, Sarda Energy & Minerals Limited

New Delhi [India], May 26: Sarda Energy & Minerals Ltd (SEML) reported a 53 percent rise in consolidated net profit for the March quarter at Rs 155 crore, compared with Rs 101 crore in the year-ago period. For the full financial year 2025-26, profit after tax rose 58 percent to Rs 1,109 crore from Rs 702 crore in the previous fiscal. Total income increased 23 percent year-on-year to Rs 5,928 crore.

Speaking during the earnings call on Monday, the management said FY26 marked a strategic inflection point for the company, with EBITDA crossing the Rs 2,000 crore mark for the first time, driven by increased contribution from the energy segment. The company said in its analyst presentation that it is working towards doubling its EBITDA by FY30.

According to the management, over the last five years Sarda Energy has transformed itself from a mid-sized cyclical commodity-linked metals business into a more diversified and integrated energy and mining company.

The company said that in FY21, earnings were largely driven by steel and ferro alloy cycles, with profitability exposed to volatility in commodity prices and raw material costs. Since then, it has diversified through investments across thermal power, hydro power and coal mining.

Key milestones in this transition include the acquisition and integration of SKS Power’s 2×300 MW thermal power assets, operationalisation of the 113 MW hydro power project in Sikkim and the commencement and scale-up of coal mining operations at Gare Palma IV/7.

“This transformation is reflected in our financial and operating performance. Over FY21 to FY26, revenue grew at a CAGR of 21 percent to approximately Rs 5,928 crore, EBITDA tripled at a CAGR of 25 percent to Rs 2,025 crore, while profit after tax also recorded a threefold increase at a CAGR of 24 percent to Rs 1,109 crore,” the management said.

During the same period, the company’s energy capacity increased nearly fivefold to 929 MW. The management added that supported by strong liquidity, an improved credit profile and a net debt-free balance sheet, Sarda Energy remains well positioned for long-term sustainable value creation.

The company also reported its highest-ever thermal and hydro power generation in FY26, along with record production across iron ore pellets, sponge iron, HB wire and coal mining operations. SEML operates across power generation, mining, steel and ferro alloys.

Mumbai (Maharashtra) [India], May 26: Repono Limited (BSE- REPONO | 544463 | INE15WN01014), a 360-degree warehousing and liquid terminal solutions provider to India’s oil and petrochemical sector, has announced its Un-audited financial results for H2 FY26 & FY26.

H2 FY26 Standalone Key Financial Highlights

• Total Income of ₹ 35.73 Cr, YoY growth of 22.08%
• EBITDA of ₹ 5.67 Cr, YoY growth of 31.96%
• EBITDA Margin of 15.87%, YoY growth of 119 Bps
• Net Profit of ₹ 3.53 Cr, YoY growth of 42.90%
• Net Profit Margin of 9.88%, YoY growth of 144 Bps
• EPS of ₹ 3.21, YoY decline of 2.73%

FY26 Standalone Key Financial Highlights

• Total Income of ₹ 66.45 Cr, YoY growth of 28.80%
• EBITDA of ₹ 11.15 Cr, YoY growth of 29.49%
• EBITDA Margin of 16.78%, YoY growth of 9 Bps
• Net Profit of ₹ 6.58 Cr, YoY growth of 29.03%
• Net Profit Margin of 9.90%, YoY growth of 2 Bps
• EPS of ₹ 7.06, YoY growth of 3.82%

Commenting on the financial performance, Mr. Dibyendu Deepak, Managing Director Repono Limited said:“FY26 marked a year of steady operational progress and strategic expansion for Repono Limited. Increasing demand for specialized warehousing, liquid terminal infrastructure, and integrated supply chain consulting across the oil and petrochemical sector continues to create significant long- term opportunities for the industry. During the year, we strengthened our business platform through strategic initiatives including subsidiary incorporation and joint venture expansion, which will support our growing presence across warehousing, logistics, and terminal operations. Supported by healthy business momentum and improving operational scale, we remain focused on strengthening execution capabilities, expanding service offerings, and building a scalable platform to drive sustainable long-term growth”

Recent Key Business Highlights

Incorporation of Step-Down Subsidiary 

• Repono Mathura Terminals Private Limited
• Strengthens presence in warehousing segment

Joint Venture Formation 

• JV formation in Saudi Arabia 
• Golden Wing Trading Company; Repono to hold 51% stake 
• Expands into petrochemical warehousing, liquid terminal and container handling services

About Repono Limited

Repono Limited (The Company, Repono) is a specialized service provider offering 360-degree warehousing and liquid terminal solutions to India’s oil and petrochemical sector. Its services span consultancy, engineering, operations and maintenance (O&M), and value-added services, catering to top public and private sector enterprises.

Repono is a trusted O&M partner in the oil value chain, managing storage assets from crude oil and refined fuels to ethanol, petrochemical warehouses, specialty chemical terminals, and Lube oil plants. Repono has entered in the international market by establish a Joint Venture company in Saudi Arabia.

In FY26, The Company achieved a Total Income of ₹66.45 Cr, EBITDA of ₹ 11.15 Cr & PAT of ₹ 6.58 Cr.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

New Delhi [India], May 26: Oasis Group has intensified its premiumisation strategy with the launch of AAGHAAZ Indian Artisan Single Malt, a move that reflects the company’s broader ambition to strengthen its position within India’s rapidly evolving premium spirits market while accelerating its global expansion roadmap.

The launch comes at a time when Indian-origin spirits are witnessing a decisive shift in consumer perception, driven by rising disposable incomes, premium consumption trends, and increasing international recognition for Indian-made labels. For Oasis Group, the latest addition is less about entering another product category and more about strategically deepening its footprint in high-margin premium segments that are reshaping the future of the alcobev industry.

The company’s growth trajectory has already been reinforced by the sustained performance of All Seasons Whisky, which has crossed 21 million cumulative global cases, helping establish Oasis Group among the major players in India’s spirits sector. Today, the Group operates eight distilleries and 14 bottling units across India, supported by an annual ethanol production capacity of nearly 360 million litres, catering to both beverage alcohol manufacturing and industrial requirements.

Industry analysts continue to view premiumisation as one of the strongest structural shifts within India’s alcohol market, particularly as consumers increasingly migrate from mass-market offerings toward premium and luxury experiences. Oasis Group’s latest strategic direction appears closely aligned with this transition.

Speaking on the development, Chairman Deep Malhotra said:
“With AAGHAAZ, Oasis Group begins a new chapter in premium Indian spirit-making. This launch reflects our commitment to creating world-class offerings that combine Indian craftsmanship, authenticity, and contemporary luxury. We remain focused on building globally competitive premium products originating from India while strengthening the country’s position in the evolving global premium spirits landscape.”

Under the leadership of Chairman Deep Malhotra and Directors Gauravh Malhotra and Gautam Malhotra, Oasis Group has steadily expanded both operationally and geographically. The company currently reports an annual turnover of approximately ₹3,500 crore and is targeting ₹5,700 crore in revenue by March 2028. The projected growth is expected to be supported through premium portfolio expansion, manufacturing scale, distribution strengthening, and deeper international market penetration.

The Group is simultaneously expanding its global presence across Europe, North America, the UAE, Africa, and Southeast Asia, regions where demand for premium Indian-origin spirits has shown notable momentum over the past few years. Industry observers note that Indian single malts, in particular, have increasingly gained visibility in global competitions and international retail markets, contributing to the broader repositioning of India within the luxury spirits ecosystem.

Produced using Indian six-row barley sourced from Rajasthan, Uttar Pradesh, Madhya Pradesh, Punjab, Haryana, and the Himalayan foothills, AAGHAAZ is distilled through traditional copper pot stills and matured in bourbon and oak casks in the Shivalik foothills. The product has also received international recognition at the Monde Selection Awards 2026.

The spirit begins its maturation journey using water sourced from the Shivalik foothills, where the cooler Himalayan climatic conditions support gradual ageing and flavour development. The company states that this maturation environment contributes to the product’s layered profile and overall complexity.

While premium whisky remains a major focus area, Oasis Group’s long-term strategy extends beyond a single category. The company is preparing additional launches across Indian single malts, luxury vodka, artisan vodka, and Caribbean rum expressions as part of its effort to strengthen its premium and luxury portfolio across multiple consumer segments.

Founded in 1987, Oasis Group has built a substantial presence across the Indian alcobev industry through manufacturing scale, distribution reach, and brand development. As competition intensifies across the premium segment, the Group’s current strategy signals a stronger emphasis on value-led growth, global positioning, and the rising international credibility of Indian-made premium spirits.

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Mumbai (Maharashtra) [India], May 25: Paramatrix Technologies Limited (Paramatrix) (NSE: PARAMATRIX), a trusted provider of enterprise software products and digital IT services, has reported its Audited financials for H2 FY26 & FY26.

H2 FY26 Key Consolidated Financial Highlights

Total Income of ₹16.23 Cr
EBITDA of ₹-0.17 Cr
Net Profit of ₹-0.33 Cr

FY26 Key Consolidated Financial Highlights

Total Income of ₹32.57 Cr
EBITDA of ₹4.19 Cr
Net Profit of ₹2.61 Cr

Note: The Company has recorded a provision for bad and doubtful debts amounting to ₹2.74 crore as on March 31, 2026, under ‘Other Expenses’ in the Profit & Loss account, reducing the reported profitability for the period. The Company has also initiated legal proceedings for recovery from one of the debtors.

FY26 Performance — Key Highlights

Operating Cash Flow increased to ₹6.93 Cr (vs ₹2.71 Cr in FY25), reflecting improved receivables quality, better collections, and disciplined working capital management.
Revenue from Operations stood at ₹28.85 Cr (vs ₹28.61 Cr in FY25), remaining stable despite a deliberate focus on higher-quality, better-margin engagements over low-margin volume.
Ongoing Investments: ₹19.96 Cr in Capital Work-in-Progress and ₹8.13 Cr in Intangible Assets under Development, aimed at building next-generation product platforms to drive growth from FY27 onwards.
Inorganic Growth: Acquired a 51% stake in Metasys Software Private Limited in January 2026; FY26 includes ~2 months of contribution, with full-year impact expected from FY27.
Strong Balance Sheet: Cash and cash equivalents at ₹31.71 Cr as of March 31, 2026; the Company remains net cash positive even after completing a ₹5.99 Cr share buyback during FY26.

Strategic & Business Updates

PLAYMITY, the flagship gamified engagement platform, won the “Best Product Innovation” award at the BFSI Tech Summit, validating its strong product-market fit in financial services.
Metasys Software became a subsidiary (51% stake), strengthening capabilities and expanding the Group’s addressable market.

Term Funding: Raised ₹14 Cr in FY26 to support strategic capital expenditure on long-cycle assets; this marks the first long-term debt, deployed strictly toward identified productive assets.
Share Buyback: ₹5.99 Cr completed during FY26, reflecting the Board’s confidence in long-term value creation.

Commenting on the performance, Mr. Mukesh Thumar, Founder, Managing Director & CEO of Paramatrix Technologies Limited, said: “FY26 has been a year of building, not just billing. We grew the top line, more than doubled our cash flow from operations, made a strategic majority acquisition in Metasys, and saw PLAYMITY recognised as the best BFSI product innovation — all while choosing to take an early, conservative ₹2.74 Cr provision on two disputed receivables rather than carry it on the books. That single provision is a non-cash entry — it does not touch the cash we generated, and we have already initiated legal recovery.

We chose transparency over optics. As we step into FY27 with a larger Group, a richer product portfolio and a healthier balance sheet, we are confident of converting this groundwork into clean, sustainable profit growth.”

About Paramatrix Technologies Limited

Paramatrix Technologies Limited (NSE: PARAMATRIX) is a technology-driven enterprise software and digital IT services company established in 2004 and headquartered in Navi Mumbai, India. The Company designs and delivers enterprise software, digital transformation services, and proprietary product platforms used by clients across banking, financial services, insurance, healthcare, education and other regulated industries.

Paramatrix’s product portfolio includes solutions for data management, automation, analytics and gamified customer engagement (including the award-winning PLAYMITY platform). With a sharp focus on quality, customer outcomes and innovation, Paramatrix continues to evolve into a multi-product, multi-geography group, supported by its recently inducted subsidiary Metasys Software Private Limited.

In FY26, the company reported Consolidated Total Income of ₹32.57 Cr, EBITDA of ₹4.19 Cr, and Net Profit of ₹2.61 Cr.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

Mumbai (Maharashtra) [India], May 25: Fredun Pharmaceuticals Limited (BSE – FREDUN | 539730), one of the leading pharmaceutical formulation manufacturing companies in India, diversified across generics, cosmeceuticals, nutraceuticals, mobility, and animal healthcare products, has reported its audited financial results for Q4 FY26 and FY26.

Q4 FY26 Standalone Key Financial Highlights

• Total Income of ₹ 213.05 Cr, YoY growth of 27.27%
• EBITDA of ₹ 29.13 Cr, YoY growth of 67.05%
• EBITDA Margin of 13.67%, YoY growth of 326 Bps
• Net Profit of ₹ 11.07 Cr, YoY growth of 56.47%
• Net Profit Margin of 5.19%, YoY growth of 97 Bps

FY26 Standalone Key Financial Highlights

• Total Income of ₹ 639.12 Cr, YoY growth of 40.08%
• EBITDA of ₹ 94.79 Cr, YoY growth of 72.05%
• EBITDA Margin of 14.83%, YoY growth of 276 Bps
• Net Profit of ₹ 33.21 Cr, YoY growth of 59.59%
• Net Profit Margin of 5.20%, YoY growth of 64 Bps

Performance Highlights & Key Announcement:

• FY26 revenue scales to ₹639 Cr, up 40% YoY, reflecting strong demand traction
• EBITDA jumps 72% YoY to ~₹95 Cr, with margins expanding to 14.8%
• PAT surges ~60% YoY to ₹33 Cr, significantly outpacing revenue growth
• Margins expand across the board, led by operating leverage and cost discipline
• Q4 exits on a strong note, with EBITDA up 67% and PAT up 56% YoY
• Profitability is accelerating faster than revenue, indicating an improving business quality
• Improved financial ratios and positive cash flow generation, strengthening overall financial health
• Dividend of ₹0.70 per share recommended by the Board 
• Recommended issuance of bonus shares in the ratio of 2:1, i.e., 2 fully paid-up equity shares of ₹10 each for every 1 existing share of ₹10 each, to eligible shareholders/warrant holders as on the record date, subject to shareholder approval.

Commenting on the financial performance, Mr. Fredun Medhora, Managing Director, said, “FY26 reflects the steady progress we have made in building a diversified and resilient business. Our growth is coming across segments, with continued strength in generics complemented by increasing traction in nutraceuticals, cosmeceuticals, and pet care. This balanced mix is helping us scale more sustainably and reduce dependence on any single segment. The improvement is clearly visible in our performance, with revenue reaching ₹639 crore and margins strengthening during the year.

At the same time, we have started investing in the next phase of growth. The launch of our premium hormone therapy range and the DAULCÉL platform marks our entry into more specialized, wellness and preventive healthcare segments. These are early steps, but they open up new avenues beyond our traditional business. Alongside this, the expansion of our Palghar facility and the upgrade in our credit rating to IVR BBB+ give us the capacity and financial strength to support future growth.

Going forward, our focus will be on continuing to build across segments while gradually increasing the share of differentiated and higher value products. With multiple growth drivers now in place and a stronger base established, we are confident of sustaining this momentum and delivering consistent growth in the years ahead.”

Recent Key Business Highlights 

About Fredun Pharmaceuticals Limited

Fredun Pharmaceuticals Limited, a healthcare and pharmaceuticals company, offers a range of products, including antihypertensives, antidiabetics, antiretroviral drugs (ARVs), and narcotics. It is also engaged in the manufacturing of dietary/herbal supplements, nutraceuticals, cosmeceuticals, and other healthcare products, along with animal healthcare products. With such a diverse range of products, the Company’s objective is to be a holistic healthcare provider. The Company primarily exports its products to Africa, Southeast Asia, Commonwealth of Independent States (CIS) countries, and Latin America. 

In FY26, Fredun reported total revenues of ₹639.12 Cr, with an EBITDA of ₹94.79 Cr and a PAT of ₹33.21 Cr.

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Strengthening its presence in solar segment, company has secured multiple purchase orders for Solar PV Modules from various customers including Earthwave Technology, Perfect Renewtech and Surja Infra.

Vadodara (Gujarat) [India], May 25: Gujarat Inject (Kerala) Ltd (BSE – 524238) has announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting strong growth in revenue and profitability driven by higher operational activity and improved business execution.

Highlights:-

• FY26 Revenue from Operations stood at 36.32 crore, up 91% YoY
• Q4FY26 Revenue surged 7 times to 30.70 crore from Rs. 4.24 crore in Q4FY25
• Q4FY26 Net Profit rose sharply to 1.64 crore from Rs. 0.07 crore in Q4FY25
• Company reported significant expansion in operational scale and asset base during FY26
• Following strategic diversification into renewable energy and solar solutions, Gujarat Inject Kerala Ltd renamed as REGENOVA RENEWTECH LIMITED

For FY26, the company reported revenue from operations of Rs. 36.32 crore as compared to Rs. 19.05 crore in FY25, registering a robust year-on-year growth of around 91%. Net profit for FY26 stood at Rs. 1.81 crore compared to Rs. 1.02 crore reported in the previous financial year, reflecting a growth of approximately 78%.

Strengthening its presence in the solar segment, Gujarat Inject Kerala Limited has secured multiple purchase orders for Solar PV Modules from various customers including Earthwave Technology, Perfect Renewtech and Surja Infra. The company received orders worth approximately Rs. 6.07 crore from Earthwave Technology for supply of 7,041 Solar PV Modules, Rs. 0.61 crore from Surja Infra for supply of 678 Solar PV Modules, additional orders worth Rs. 3.49 crore and Rs. 3.11 crore respectively from Earthwave Technology for supply of 4,056 and 3,645 Solar PV Modules and an order worth approximately Rs. 1.21 crore from Perfect Renewtech for supply of 1,355 Solar PV Modules. All the orders are expected to be executed by March 2026, marking a significant step in the company’s diversification strategy and strengthening its presence in the renewable energy and solar solutions segment.

The proposed rebranding reflects the company’s evolving business direction and its increasing focus on emerging opportunities in the solar and clean energy sector. As part of this transition, the company has initiated business expansion in Solar PV Modules and renewable energy-related operations, positioning itself to participate in India’s rapidly growing solar infrastructure market. The Company has already installed a 5MW solar project at Jakasana, Mehsana (Gujarat), further strengthening its execution capabilities and presence in the renewable energy sector.

The company delivered an exceptional performance during Q4FY26. Revenue from operations for the quarter stood at Rs. 30.70 crore as against Rs. 4.24 crore in Q4FY25. Profit after tax for Q4FY26 increased significantly to Rs. 1.64 crore compared to Rs. 0.07 crore reported in the corresponding quarter last year.

Profit before tax for FY26 stood at Rs. 2.50 crore compared to Rs. 1.25 crore in FY25, while earnings per share (EPS) improved to Rs. 1.24 from Rs. 0.70 in the previous year.

Mr. Deepak Diwan Bachwani, Executive Director, Gujarat Inject Kerala Limited, said, “FY26 has been a strong growth year for the company with significant improvement in both revenues and profitability. The sharp increase in operational activity reflects our focused execution strategy, strengthening business relationships and improved operational efficiencies. We have also focused on expanding our operational scale and strengthening our infrastructure to support future growth opportunities.”

He further added, “We remain focused on sustaining growth momentum through disciplined execution, operational efficiency and business expansion initiatives. With improving financial performance and stronger business fundamentals, we believe the company is well positioned to create long-term value for stakeholders.”

During FY26, the company reported a substantial increase in total assets, which stood at Rs.

36.67 crore as on March 31, 2026, compared to Rs. 11.95 crore in the previous year, reflecting strengthening of operational scale and infrastructure investments undertaken during the year.

The Board of Directors, at its meeting held on May 20, 2026, approved the audited standalone financial results for FY26. The statutory auditors, M/s. S. Mandawat & Co., issued an unmodified audit opinion on the financial statements.

As part of its strategic business transformation and expanding focus on emerging growth sectors including renewable energy and solar solutions, Gujarat Inject Kerala Limited has received approval for change of its name to REGENOVA RENEWTECH LIMITED, along with consequential alterations in the Memorandum of Association (MoA) and Articles of Association (AoA) of the company. The proposed name change reflects the company’s evolving business vision, broader operational outlook and long-term strategy to strengthen its presence across diversified and future-oriented business segments.

About Gujarat Inject Kerala Limited

Gujarat Inject Kerala Limited is engaged in diversified trading and business operations, focused on delivering sustainable growth through operational efficiency, strategic business expansion and disciplined execution. The company continues to strengthen its operational capabilities and market presence by leveraging business opportunities across sectors while maintaining a strong focus on profitability, scalability and long-term value creation for stakeholders.

Disclaimer: This article is for informational purposes only and does not constitute financial advice.

Mumbai (Maharashtra) [India], May 25: 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.”

Key H2 FY26 Operational Highlights

About Utssav CZ Gold Jewels Limited

Utssav CZ Gold Jewels Limited (UGJL) designs and manufactures an extensive range of 18K, 20K, and 22K CZ gold jewellery with a strong focus on lightweight and rose gold casting. The company’s diverse portfolio spans rings, studs, earrings, necklaces, pendants, bracelets, watches, and brooches. In addition to CZ jewellery, UGJL has strategically diversified into plain casting jewellery in 22K, paper casting jewellery in 22K, as well as natural and lab-grown diamond jewellery in 18k, opening up new avenues for growth and strengthening its position in the evolving jewellery market.

Operating entirely on a B2B model, UGJL supplies directly to leading jewellery retailers across India, strengthening its position as a trusted partner in the domestic market. The company’s design capabilities are anchored by a team of more than 70 professionals, who create over 400 new designs each month, supported by a design library of more than 300,000 creations. With complete in-house manufacturing and zero outsourcing, UGJL ensures stringent quality standards. Its production capacity has grown from 750 kilograms in FY22 to 1.6 tons post-IPO, with plans to scale further to 2.5 tons per annum.

The company has established a strong presence across 17 states and 2 Union Territories in India, while also resuming exports to the UAE, enhancing its international footprint. UGJL has planned entry into GCC countries, Australia, and Singapore, aligning with its vision of becoming a global name in lightweight jewellery. Combining India’s rich tradition of gold craftsmanship with global design sensibilities, UGJL operates on a scalable business model that leverages deep retailer relationships, robust financial performance, and a clear roadmap for international expansion.

Listed on the NSE Emerge platform on 7^th August 2024, UGJL reported revenues of ₹1157.46 Cr, an EBITDA of ₹93.70 Cr, and a net profit of ₹59.06 Cr in FY26, translating into an EPS of ₹23.95.

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Bengaluru (Karnataka) [India], May 25: The 6th edition of the prestigious Karnataka Business Awards 2026 was held successfully on 23^rd May 2026 at Royal Tripura Vasini, Palace Grounds, Bengaluru, recognizing and celebrating outstanding businesses, entrepreneurs, startups, innovators, professionals, social leaders, and organizations from across Karnataka and India.

Organized by Karnataka Traders Chamber of Commerce (KTCC), the awards ceremony brought together leaders from industries including travel & tourism, hospitality, healthcare, real estate, education, technology, fashion, manufacturing, media, wellness, logistics, food & beverage, legal services, construction, and social welfare.

The event witnessed participation from distinguished guests, celebrities, entrepreneurs, business leaders, influencers, and industry professionals. The ceremony featured networking sessions, cultural performances, entertainment programs, award presentations, and business interactions, making it one of Karnataka’s leading multi-industry recognition platforms.

Addressing the gathering, Abdul Musaddiq, President of Karnataka Traders Chamber of Commerce (KTCC), stated that the Karnataka Business Awards continues to recognize and encourage entrepreneurs, innovators, and changemakers contributing towards economic growth and social development

“The Karnataka Business Awards celebrates excellence, innovation, and entrepreneurship while creating a platform for businesses and professionals to gain industry recognition and visibility,” he said.

Complete Winners List – Karnataka Business Awards 2026

• AL KAUSAR TOURS INTERNATIONAL – Best Umrah Tours Organizer from Tumukuru
• Bushra Tours & Travels Ballari – Best Religious Tour Guide from Karnataka
• Mahadev Marketing – Best Minister White Distributer
• Al Burooj Ceramic – Emerging Ceramic Tiles Manufacturer
• Marscare India Private Limited – Best Plant Growth Promoter Manufacturing Company
• Dr Sunil Kumar KA – Emerging Business Advisor of the Year
• KK Green Motors – Innovative Eco-Friendly Automotive Solutions Provider
• Jabir Ibn Hayyan Industry – Best Auto Care Products Manufacturer of the Year
• Mentors Care Service – Emerging Care Service Company of the Year
• ILFA Home Baker – Emerging Home Baking Brand
• 3R Innovation and Research India Private Limited – Excellence in Innovation & Research for Sustainable Development
• Galaxy Furniture – Emerging Furniture Brand of the Year
• Aishwarya Open Air Restaurant – Emerging Open Air Restaurant of the Year
• SVE Group – Most Innovative Construction, Interior Design & Renovation Firm
• Thatha Tea – A Traditional Tea Cafe – Most Growing Tea Cafe Franchise Chain of the Year
• WTS Gold Buyers – Most Innovative Gold Buyers Company
• SMK Cycles – Most Innovative Gold Buyers Company
• Pro Fitness Gym – Emerging Gym Network From Bengaluru
• Way 2 Umrah Services Private Limited – Best Umrah Company of The Year
• Magical Eye Technologies – Best CCTV Camera Installation Company
• Prestige Hair Solutions – Most Innovative Hair Transplant Clinic of the Year
• Rampur Traders – Most Innovative Wholesaler and Trader of Oil, Sugar & Rice
• TSB Construction and Developers – Best Construction Company In South Karnataka
• Sultan International Travels Pvt Ltd – Best Umrah Operator from Bengaluru
• Roshni Boutique – Emerging Women’s Ethnic Fashion Brand of the Year
• TTN Connect – Best Travel Media & Events Brand
• Al Haramain International – Emerging Umrah Operator of the Year
• Way 2 Websoft Technologies Pvt Ltd – Best Travel Tech Company of the Year
• Al Muqaddarah International Tours – Emerging Umrah Organisor from Tumukuru
• eHook Realty – Best Emerging Construction Company of the Year
• Deluxe Agro Fuel Industries – Emerging Agro-Based Fuel Manufacturer of the Year
• Utopiaa Managed Farmland – UTOPIAA MANAGED FARMLAND
• Noor Nihal Herbs Trading Company – Excellence in Natural & Herbal Product Distribution
• Xpertax Auditing Bazaar Pvt Ltd – Emerging Financial & Corporate Advisory Firm
• Supreme Impex – Emerging Poomer Fashions Brand of the Year
• Al Qamar Tours and Travels – Emerging Umrah Travel Agency from Kolar
• Classic Enterprises – Emerging Excellence in Metal Fabrication & Engineering
• Neemsi Restaurant – Best Premium Vegetarian Fine Dining Restaurant of the Year
• Rashid Usmani – Best Modern Cuisine Chef of the Year
• Skyline Solutions – Innovative Interior Designer of the Year
• Noor Relief Foundation – Best Emerging Non-Profit Organisation of the Year
• Way 2 Journey India Pvt Ltd – Best Travel Company of the Year
• Travel Trade News – Best Travel News Portal of the Year
• The Trade Connect – Emerging Business Magazine of the Year
• The Bodhi Tree – Best Social Solutions Consultancy
• Holidays Buddy – Emerging DMC of the Year
• Show Buddy – Best Event Management Company
• Victory Academy – Best Computer Training and Correspondence Institute of The Year
• Al Tayyarah Tours Pvt Ltd – Rising Leader in Umrah Tour Operations
• Fathima Siraj – Rising Blogger of the Year
• Je-N Elevators – Fast-Growing Brand in Lift Installation & Maintenance Services
• Echopills – Best Corporate Need Solution Provider
• Dream and Deals International Pvt Ltd – Excellence in Multi-Industry Business Innovation
• Galaxy Royal Toys – Emerging Toy Retail Store of the Year
• Vijeta Amruttulya Chaha – Fastest Growing Tea Franchise Brand
• Solyte – Breakthrough Concept of The Year
• Right Work Decor India Pvt Ltd – Leading Brand in Modern Interior & Decor Solutions
• Al Zara Mandi – Best Mandi Restaurant of the Year
• Trip My Tour India Private Limited – Emerging Travel Startup of the Year
• Sprouting Brilliance International School – Fast-Growing Preschool & Daycare Brand
• Globe All India Services Limited – Excellence in Corporate Travel & Hospitality Services
• Shainathbibi – Rising Woman Leader in Travel & Hospitality
• CNS Build Tech – Emerging BuildTech Startup of the Year
• Domnic and Seema Designs – Emerging Interior Design Startup of the Year
• MS 4k Video & Photography – Emerging Video Production & Photography Brand
• The Rising Sun – Emerging Real Estate & Construction Startup of the Year
• Femura Pharmaceuticals – Emerging Pharmaceutical Company of the Year
• Audiokraft Studios – Excellence in Music Production & Sound Engineering
• Bhairava Dance Crew – Best Dance Group of the Year
• Zara’s Cakelicious – Best Celebrity Baker of the Year
• Afreen Khan – Best Emerging Sociopreneur of the Year
• BharatOne Services and Affiliates Private Limited – Emerging Digital Citizen Services Platform of the Year
• HAW Travels – Outstanding Global Tourism & Travel Services Brand
• Azharuddin Law Associates – Outstanding Contribution to Civil & Criminal Legal Services
• Makeup By Humaera Khan – Emerging Beauty & Bridal Styling Brand
• Oraiyan Groups – Leading Brand in Affordable & Premium Villa Plots
• Glam ‘N’ Smile – Excellence in Face, Hair and Dental Care Services
• AL Saba Tours and Travels – Best Emerging Umrah Company from Hassan
• AMC Wedding Halls & Caterers – Emerging Excellence in Wedding Catering & Banquet Services
• Fashion 4 You – Fast-Growing Boutique for Trendy & Custom Fashion
• Dr. Paniraj Murthy – Iconic Logistics Industry Leader of the Year
• Nandhakumar Govindarajan – Visionary Leader in Supply Chain & Logistics
• Dignity Gold & Diamond – Emerging Gold & Diamond Jewellery Brand of the Year
• Asra Haj Umrah Tours – Emerging Umrah Travel Company from Raichur
• M R N Earth Movers Samsthe – Emerging Non Profit Organization of the Year
• Victorious LifeSciences Pvt Ltd – Excellence In Nutraceutical & Wellness Supplements
• Urbanest Builders & Developers – Rising Brand in Residential & Commercial Real Estate
• Event Point – Emerging Cultural Event Organizer of the Year
• Fuzail Travels – Emerging Umrah Tour Operator of the Year
• AL Wahhab Humanitarian Foundation – Rising Organization in Social Welfare & Community Service
• Alwachsend Training & Placement Services Pvt Ltd – Emerging Training & Placement Company of the Year
• D-fine Food Products – Emerging Food Products Brand of the Year
• Instructure Service Market Pvt Ltd – Emerging Excellence in Business Support & Service Platforms
• Bharat Agro Engineering Works – Emerging Agro Engineering Company of the Year
• Thabussum Taj – Emerging Social Activist of the Year
• JSI Group of Food Products – Emerging Food Products Company of the Year
• Charon Technology Solution Pvt Ltd – Fast-Growing Brand in PCB Assembly & Wiring Harness Manufacturing
• Carebot Car Care – Best Auto Care Studio of the Year
• Glamorous Hair & Beauty Studio – Emerging Excellence in Salon & Beauty Care Solutions
• Orbit Events and Experiences – Emerging Event Management Company of the Year
• AL-Hayatt Health & Beauty Clinic – Emerging Health & Beauty Clinic of the Year
• Royal Tripura Vasini – Best Convention & Wedding Venue of the Year
• SM Events Wedding Planner – Rising Brand in Wedding & Celebration Management
• Regalius Law Partners – Emerging Law Firm of the Year
• Ayesha Firdose – Outstanding Women Achiever in Entrepreneurship
• Muscle Factory Gyms – Emerging Fitness Centre of the Year
• MS Future Education – Emerging Institute in Cinematic Video Education
• Nibav Lifts – India’s Largest Home Elevator Showroom
• Elite Elevators – Excellence in Home Elevator Engineering Quality
• EARA Group – Emerging Innovator in Sustainable Real Estate Development
• Decormart Studio – Emerging Excellence in Residential Interior Design & Turnkey Projects
• Srinivasa Nilakantappa Mukanda – Emerging Contributor in Cultural & Social Activities
• Miskeen Merchant – Excellence in Traditional Meat Trading Since 1915
• BS Computers and Services – Emerging IT & Computer Services Company of the Year
• Tamkeen Multi Trade India Pvt Ltd – Emerging Industrial Supply Company of the Year
• Azeem Caterers – Emerging Catering Company of the Year
• Stanzza Architect & Builders – Emerging Architect & Builders Company of the Year
• AK Financial Service – Emerging Home Loan Consultancy of the Year
• Karunaada Cafe – Rising Karnataka Themed Cafe Chain
• NIMMA SETU – Outstanding Contribution to Education & Skill Development
• Suhana Kouser – Emerging Blogger from Ramanagara
• Zakir Hussain Khan – Global Excellence in Visual Arts & Painting
• Shahid Mohammed – Outstanding Social Activist of the Year
• Saud Ahmed Khan – Excellence in Beatboxing & Vocal Performance
• Ruben Stalin – Excellence in Music & Vocal Innovation
• Login Media – Excellence in Creative Media & Brand Communication
• Ahmed Khan – Outstanding Contribution to Social Welfare & Humanitarian Service
• Crafts By Elegance – Emerging Brand in Residential & Commercial Interiors
• ZED Walls Architects – Best Architect in Luxury Turn-Key Projects
• U F Tours and Travels – Best Medical Tourism Company of the Year
• Navoque – Excellence in Global Consulting & Events Management
• Events Factory – Emerging Event Management Company of the Year
• Vigor Mentors Resonant Pvt Ltd – Emerging Event Production Company of the Year

The Karnataka Business Awards 2026 successfully showcased Karnataka’s growing entrepreneurial ecosystem while recognizing emerging startups, established businesses, professionals, social contributors, and innovators shaping the future of industry and society.

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