Author: Sutun Nayak

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

Expands Global Presence with UAE Subsidiary Approval

The Company has received Board approval to incorporate a wholly-owned subsidiary in Dubai, UAE, strengthening its international presence.

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.

For more updates and information, https://traveltradenews.world/

Bangalore (Karnataka) [India], May 25: In India’s rapidly evolving design ecosystem, the need is no longer limited to finding a designer. The need is to find the right designer with greater clarity, relevance, and confidence. That is precisely where My Interior Designers is beginning to make its mark.

Positioned around the promise of Connecting You to Trusted Interior Designers, the platform is now serving people who are actively looking for interior design support across categories such as homes, apartments, offices, commercial spaces, luxury interiors, budget-sensitive projects, and specialised requirements. At the same time, it is creating a stronger discovery environment for professionals—designers, firms, consultants, studios, and service providers—who want meaningful visibility before users already searching with intent.

The platform’s services are commencing in Bengaluru, Karnataka, India, with plans to extend very soon to major cities such as Chennai, Hyderabad, Kochi, New Delhi, Pune, Gurgaon, Kolkata, Mumbai, Lucknow, Patna, and several more, with future service extension to Dubai as well.

What makes My Interior Designers relevant in the present market is its response to a real gap. India’s interior search experience has long remained fragmented. Users often move through scattered recommendations, inconsistent references, generic listings, or incomplete digital signals before making a decision. That process becomes even more difficult when the search is category-specific, budget-sensitive, or city-led.

My Interior Designers is addressing this with a more focused and category-aware model. Rather than treating discovery as a flat listing exercise, the platform is building a more organised route for those exploring the Best Interior Designers in India or comparing the Top Interior Designers in India with more serious intent. It also creates a more relevant context for those who may begin with city-specific searches such as the Best Interior Designers in Bangalore, the Top 10 Interior Designers in Bangalore, or the Top Interior Designers in Bangalore, before gradually refining their choice.

That matters because the interior design market is changing. The user today is not merely looking for visual inspiration. The user is looking for fit—fit in terms of design language, project type, service quality, location, budget, capability, and trust. This is especially important when people search beyond broad recognition and begin evaluating Famous Interior Designers in India not just for recall value, but for relevance to a particular requirement.

For the design community too, the platform offers a distinct advantage. Visibility in today’s market is not simply about being present online; it is about being discovered in the right decision context. My Interior Designers helps bridge that gap by making discovery more intent-led. It gives stronger positioning to firms, consultants, and specialists who want to be considered alongside the Best Interior Designers in India and the Top Interior Designers in India, while also being meaningfully discoverable in city-led searches such as the Interior Designers in Bangalore or the Top 10 Interior Designers in Bangalore.

There is also a deeper brand relevance in the way the platform presents itself. Where Your Space Finds Its Designer is not treated as an ornamental line, but as the very outcome of a better-organised search journey. In a market where the right design choice can influence lifestyle, work, brand perception, or property value, that shift matters.

As India’s interior design market continues to expand in sophistication and scale, My Interior Designers is positioning itself as more than a marketplace presence. It is becoming a more credible bridge between need and expertise, between design ambition and relevant discovery, and between users seeking trusted support and professionals seeking trusted visibility.

For a category long defined by scattered search, that may be the most meaningful development of all.

Website: https://myinteriordesigners.com/

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The company reported a net profit of Rs. 1085 Lakhs, with EPS of Rs. 0.74 per share

Chennai (Tamil Nadu) [India], May 25: TAKE Solutions Limited (NSE: TAKE | BSE: 532890), a global technology-driven healthcare solutions provider, today announced its Consolidated and Standalone Financial Results for the quarter and financial year ended March 31, 2026. The company reported a strong operational turnaround during FY26, with consolidated Total Income rising to ₹6,087.26  Lakhs, reflecting a robust 495.68% Year-on-Year growth.  

Key Highlights

• Consolidated Total Income surged 495.68% YoY to ₹6,087 Lakhs in FY26, reflecting strong
  operational turnaround and improving business momentum.
• Revenue from Operations stood at ₹5,419 Lakhs in FY26, marking the commencement of
  a new operational growth phase for the company.
• Q4 FY26 Consolidated Total Income increased 3400% YoY to ₹5,937 Lakhs, supported by
  strong execution and operational monetization.
• The company reported FY26 Net Profit of ₹1,085 Lakhs with EPS of ₹0.74 per share, while
  continuing to strengthen its focus on AI-driven healthcare and digital wellness platforms.

On a consolidated basis, the company reported Total Income of ₹6,087.26 Lakhs during FY26 as compared to ₹1,021.90 Lakhs in FY25, registering a robust 495.68% Year-on-Year growth. Revenue from Operations stood at ₹5,418.53 Lakhs, compared to nil operational revenue in the previous financial year, marking the beginning of a new operational growth phase for the company. Profit from Continuing Operations increased significantly to ₹425.61 Lakhs during FY26 from ₹73.80 Lakhs in FY25, reflecting a strong 476.71% Year-on-Year increase supported by improving operational execution, cost optimization measures, and focused business restructuring initiatives. The company reported consolidated Net Profit of ₹1,084.91 Lakhs for FY26, with EPS of ₹0.74 per share.

Consolidated total Income for Q4 FY26 stood at ₹5,937.02 Lakhs, compared to ₹169.60 Lakhs in the corresponding quarter of the previous year, reflecting a substantial 3400% Year-on-Year growth. Revenue from Operations for the quarter stood at ₹5,418.53 Lakhs, while consolidated Net Profit stood at ₹435.99 Lakhs, compared to a net loss reported during the corresponding quarter of the previous year.

On a sequential basis, consolidated total Income increased sharply from ₹146.14 Lakhs in Q3 FY26 to ₹5,937.02 Lakhs in Q4 FY26, registering an exceptional 3962.6% Quarter-on-Quarter growth. Consolidated Net Profit also increased significantly from ₹110.91 Lakhs in Q3 FY26 to ₹435.99 Lakhs in Q4 FY26, reflecting a strong 293.1% Quarter-on-Quarter increase. The strong quarterly performance reflects improving operational traction, enhanced business execution, and focused monetization initiatives undertaken during the year.

On a standalone basis, the company reported Total Income of ₹661.75 Lakhs during FY26, whereas standalone Net Profit for FY26 stood at ₹271.91 Lakhs, compared to a net loss of ₹6,973.56 Lakhs reported in FY25, reflecting a significant recovery in the company’s standalone financial position.

For Q4 FY26, standalone Total Income stood at ₹518.49 Lakhs, compared to ₹1,087.40 Lakhs reported in the corresponding quarter of FY25, while standalone Net Profit stood at ₹439.18 Lakhs during Q4 FY26 as against ₹477.70 Lakhs in Q4 FY25.

Sequentially, standalone Total Income increased from ₹146.14 Lakhs in Q3 FY26 to ₹518.49 Lakhs in Q4 FY26, representing a strong 255% Quarter-on-Quarter growth. Standalone Net Profit also increased significantly from ₹110.96 Lakhs in Q3 FY26 to ₹439.18 Lakhs in Q4 FY26, reflecting a strong 296% Quarter-on-Quarter growth.

During FY26, Take Solutions Limited continued to strengthen its focus on AI-driven healthcare solutions and new-age businesses. The company launched a Rs. 5 crore Innovation Fund to support startups in AI, deep technology, and digital health, while also expanding its presence in the fast-growing health and wellness sector through its AI-driven platform Take. Health. Backed by its strategic initiatives and focus on scalable healthcare offerings.

Commenting on the company’s performance, Mr. Parmeshvar Dhangare, Director, Take Solutions Limited, said, “FY26 was an important year for Take Solutions as we continued to strengthen our presence across healthcare technology and digital solutions. During the year, we focused on expanding our AI-driven healthcare capabilities through Take. Health, while also building a strong innovation ecosystem through our recently launched Innovation Fund. We continue to see strong long-term opportunities emerging across healthcare data solutions, digital wellness platforms, and AI-enabled technologies. Our focus remains on creating sustainable value for stakeholders through disciplined execution, strategic investments, and innovation-driven growth initiatives.”

With a strong focus on innovation, AI-focused healthcare capabilities, and strategic investments, Take Solutions Limited continues to strengthen its position across emerging high-growth sectors. Backed by its domain expertise, scalable digital platforms, and long-term growth initiatives, the company remains focused on creating sustainable value for stakeholders while expanding its presence across the evolving healthcare and technology ecosystem.

About Take Solutions

Take Solutions is a global technology company delivering domain-intensive solutions and services for the life sciences and supply chain industries. With deep expertise in building scalable digital platforms and data-driven solutions, the company focuses on enabling enterprises to improve efficiency, compliance, and decision-making. Through its expanding investments in AI, analytics, and digital health technologies, Take Solutions is positioning itself to participate in the next wave of innovation across healthcare and other knowledge-led industries.

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Jaipur (Rajasthan) [India], May 25: Lehar Footwears Limited (BSE – LEHAR | 532829 | INE976H01018), one of the leading regional mass-footwear manufacturers of high quality and stylish non-leather footwears, has announced its Audited Financial Results for Q4 & 12M FY26.

Q4 FY26 Standalone Key Financial Highlights

Total Income of ₹ 91.3 Cr
EBITDA of ₹ 8.0 Cr
EBITDA Margin of 8.8%
Net Profit of ₹ 4.1 Cr
Net Profit Margin of 4.5%
Diluted EPS of ₹ 2.3

FY26 Standalone Key Financial Highlights

Total Income of ₹ 431.3 Cr, YoY growth of 55.4%
EBITDA of ₹ 39.0 Cr, YoY growth of 49.1%
EBITDA Margin of 9.0%, YoY decline of 38.9 Bps
Net Profit of ₹ 20.8 Cr, YoY growth of 91.8%
Net Profit Margin of 4.8%, YoY growth of 91.4 Bps
Diluted EPS of ₹ 11.8, YoY growth of 91.8%

Key Performance Highlights

Total Income grew to ₹431.32 crore in FY26, up 55% YoY – highest ever annual revenue in the Company’s history.

Profit After Tax (PAT) almost doubled to ₹20.8 Crore in FY26; PAT Margin expanded ~90 bps to 4.8% (vs 3.9%) with flat depreciation charges and lower interest costs Generated cash flow from operations of ₹25.2 Crore during FY26, healthy cash conversion supporting growth funding.

Return on Capital Employed (RoCE) improved meaningfully to 18% in FY26 as compared to 12% in FY25 as a result of healthy operating profit growth and lower dependence on debt.

Continued de-leveraging – long-term debt reduced from ~₹5 Crore in FY25 to near-negligible levels in FY26.

For Q4, the Footwear segment delivered 27% YoY growth, driven by strong traction in premium and athleisure categories, along with expansion in distribution channels. However, the toolkit order execution was phased out to the subsequent quarter.

In Q4, interest cost declined by 40% to ₹1.2 crore from ₹2 crore in Q4 FY25. This decline was driven by a reduction in borrowings and lower interest rates following a rating upgrade by CRISIL (upgraded to BBB/Stable from BBB-/Stable).

Key Business Highlights

• Footwear Business

Footwear revenue grew by 16% YoY to ₹208.7 Crore in FY26, with strong momentum supported by new product launches and a richer mix.

Commenced OEM supply in the athleisure category; onboarded leading brands including Spykar, Red Chief, Cult Fit and Lee Cooper, opening a new institutional growth channel.

Widening of distribution channels for premium and fashion footwear.

Progress on the new Kundli (Sonipat) athleisure facility – 5x phased capacity expansion (from ~1 lakh to ~5 lakh pairs per month); expected to commence commercial operations from Q2 FY27 onwards.

GST Council’s reduction of GST rate on footwear – a significant tailwind that is expected to enhance affordability, widen the addressable market and accelerate formalization, directly benefiting Lehar’s mass and mid-market portfolio.

• Toolkit Business

The Toolkit business emerged as a meaningful second engine for the Company in FY26, with segment revenue of ₹249.5 Crore.

Lehar has cumulatively delivered ~2,00,000 toolkits under the PM Vishwakarma Scheme during last 18 months, consistently meeting quality standards and committed delivery timelines. PMKY operates on an efficient tech-enabled platform providing absolute transparency and a quick delivery & payment mechanism.

The segment is structurally asset-light, with negligible working capital intensity and a Return on Capital Employed of ~100%; delivery-linked disbursements through the tech-enabled PMVKY platform translate directly into strong operating cash flows.

The Union Budget for FY26–27 has proposed an allocation of ₹3,861 Crore to the PM Vishwakarma Scheme, substantially scaling up the addressable opportunity for empanelled vendors.

With a proven execution track record and established eligibility credentials, Lehar is well-placed to participate meaningfully in upcoming tenders under the next phase of the Scheme.

Commenting on the performance, Mr. Raj Kumar Agarwal, Chairman of Lehar Footwears Limited said: “FY26 has been a landmark year for Lehar Footwears. We have delivered our highest-ever annual revenue and profitability, meaningfully expanded our return ratios, and continued to strengthen the balance sheet. The investments we have made over last couple of years includes non-leather capacity, the launch of our athleisure brand Rannr, deeper distribution, BIS approved products, OEM manufacturing for reputed brands, and execution under the PM Vishwakarma Scheme. These are now translating into a more diversified and profitable business. With the new expanded Kundli athleisure facility scheduled to commence commercial operations in Q2FY27, a supportive GST regime, and a larger upcoming phase of the PM Vishwakarma Scheme, we believe Lehar is well-positioned to sustain growth momentum in FY27 and beyond.”

About Lehar Footwears Limited

Lehar Footwears Limited (“Lehar” or the “Company”), incorporated in 1994 by the Agarwal Family and headquartered in Jaipur, India, is a leading manufacturer of non-leather mass footwear. The company specializes in EVA, PVC, and PU injected footwear, offering a diverse portfolio including slippers, sandals, school shoes, sports shoes, casual footwear, and athleisure products for men, women, and kids. With over 30 years of industry experience, Lehar has continuously expanded its product portfolio with new offerings such as Single Mould EVA footwear and sports shoes under its own brand “RANNR.”

The company has established a strong pan-India distribution network with 520+ distributors across 27 states and exports to more than 20 countries under its own brand. Lehar manages ~1,300 active SKUs and manufactures BIS-compliant products across four plants in Jaipur along with its newly commissioned sports shoe manufacturing facility in Kundli, Haryana. The company also supplies toolkits under the PM Vishwakarma Scheme, further diversifying its business operations and strengthening long-term growth prospects.

In FY26, the company reported Total Income of ₹431.32 Cr., EBITDA of ₹39.17 Cr., and Net Profit of ₹20.84 Cr., vs. Total Income of ₹277.48 Cr. in FY25, with PAT nearly doubling over FY25.

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

Vadodara (Gujarat) [India], May 25: Branded Factory, a rapidly expanding value-retail and B2B platform associated with the Bada Business growth ecosystem, successfully inaugurated its mega retail outlet in Vadodara on 23rd May 2026. The grand launch and exclusive press conference witnessed the presence of renowned entrepreneur, business mentor, and Founder & CEO of Bada Business, Dr Vivek Bindra, who is also associated with Branded Factory as a shareholder, along with Actor & Entrepreneur Vivek Oberoi and several distinguished personalities.

Located at Baroda Square, BPC Road, Alkapuri, the newly launched mega outlet is spread across 1 lakh+ sq. ft. and is being positioned among Gujarat’s largest value-driven retail destinations. The outlet houses 1 lakh+ products across multiple categories, including fashion, lifestyle, accessories, electronics, and other consumer segments, offering customers a large-format shopping experience under one roof.

Backed by 20+ years of expertise in wholesale distribution and partnerships with 150+ leading brands, Branded Factory aims to make premium branded products accessible at affordable pricing. Customers visiting the outlet can avail of attractive offers and discounts ranging from 50% to 90% across categories, making premium shopping more accessible for consumers.

The launch witnessed massive participation from customers, retailers, business visitors, creators, and influencers from across the region. Reflecting the overwhelming response and strong consumer demand, Branded Factory recorded sales worth ₹4 Crore+ on the launch day itself, highlighting the strong market impact and growing craze for the brand across Vadodara. The company also introduced interactive shopping activities, including “Spin The Wheel” opportunities and lucky draw coupons for shoppers to further enhance customer engagement.

Designed as an experiential retail destination, the outlet aims to redefine modern retail shopping by bringing together premium products, affordability, and large-scale customer experience. The company also highlighted its long-term vision of building a scalable and organized retail ecosystem across India.

Speaking on the occasion, Dr Vivek Bindra said, “India’s retail sector is evolving rapidly and consumers today are looking for both affordability and quality. Branded Factory reflects the future of value-driven retail in India. Through our association, the focus has been on strengthening scalability, structured growth and customer-centric business expansion. At Bada Business, we believe Indian businesses with strong execution capabilities can create large-scale impact when supported with the right business ecosystem and entrepreneurial mindset.”

Mr. Basant Gandhi, Director, Branded Factory, said, “Our vision is to create a modern retail ecosystem where customers can access premium branded products at highly competitive pricing under one roof. Our association with Bada Business and guidance from Dr Vivek Bindra has strengthened our long-term expansion and scalability approach. Vadodara is an important milestone in our growth journey, and we are confident that the outlet will emerge as one of Gujarat’s leading shopping destinations.”

The event also witnessed the presence of Nia Sharma, Actress & Model, Kashish Kapoor, Bigg Boss Fame, and Paras Kalnawat, popularly known for TV show Anupama, along with several leading creators, digital influencers, and social media personalities, making it one of the most talked-about retail launch events in the region.

Building on the successful launch, Branded Factory has announced aggressive expansion plans with two more stores expected soon, followed by a franchise-led expansion model aimed at building one of India’s largest value-driven organized retail and franchise networks.

Kolkata (West Bengal) [India], May 25: Every morning, across thousands of farms in India and Bangladesh, farmers receive an advisory that tells them precisely what their crop needs that day. Not a generic recommendation pulled from a government extension handbook. Not a broad seasonal guideline applicable to an entire district. A specific, contextual, data-driven instruction — calibrated to the soil under their feet, the crop stage in their field, the disease pressure building in their microclimate, and the weather pattern moving toward them in the next seventy-two hours.

That advisory is generated by Farmneed Agribusiness. And the machine learning stack behind it is one of the most sophisticated pieces of agricultural technology built for smallholder farming conditions anywhere in the world.

The Problem With Every Agricultural Advisory That Came Before

Farmneed Agribusiness was built on a single foundational insight — that the reason agricultural advisories have historically failed farmers is not a lack of data, but a failure to make that data contextual, integrated, and actionable at the individual farm level. A weather forecast means nothing without knowing what crop is in the ground. A disease risk alert means nothing without knowing what stage that crop has reached. A soil nutrient recommendation means nothing without knowing what the farmer can actually access and afford. Farmneed’s proprietary ML stack solves for all of these variables simultaneously — and it does so at a scale that no manual advisory system could ever replicate.

Layer One — Soil Data That Goes Down to the Farm, Not the District

The architecture begins with soil data. Farmneed’s platform ingests granular soil intelligence — nutrient levels, moisture content, organic matter, pH — and maps it against the specific crop variety a farmer has planted. This is not interpolated district-level data. It is farm-level soil intelligence that forms the base layer of every recommendation the system produces. On top of that base layer, Farmneed maps crop stage — understanding precisely where in the growth cycle a crop sits, because a disease that is manageable at one stage can be catastrophic at another, and an input applied at the wrong moment is both wasteful and potentially harmful.

Layer Two — Disease Risk Before the Farmer Can See It

The disease risk layer is where Farmneed’s ML capabilities become particularly powerful. By combining historical disease incidence data, current crop stage information, and real-time microclimate conditions, the platform’s models generate disease risk scores that allow farmers to act preventively rather than reactively. In a sector where crop disease routinely destroys margins and sometimes entire harvests, the ability to see a disease pressure building three to five days before it manifests visually is a transformational advantage. This is precision agriculture operating at the level it was always meant to — not on a research farm in California, but on a smallholder plot in West Bengal.

Layer Three — Weather That Speaks Farming, Not Meteorology

The weather forecast integration layer completes the advisory picture. Farmneed’s platform does not simply surface a regional weather forecast — it translates meteorological data into agronomic consequence, telling a farmer not just that rain is coming but what that rain means for their standing crop, their planned spray schedule, and their harvest window. That translation from weather data to farm decision is the layer that most agricultural technology platforms have consistently failed to build credibly. Farmneed has built it on the backbone of Express Weather — India’s first weather data company, founded by the same team, giving the platform a decade of proprietary micro-climate data infrastructure that no competitor has replicated.

What Comes Out the Other End

The output of this four-layer ML integration is what Farmneed calls its connected ecosystem advisory — a farm-specific, stage-specific, risk-specific recommendation that reaches farmers through the platform’s rural entrepreneur network across India and Bangladesh. Partners, including PepsiCo, the Government of West Bengal, and Green Delta Insurance, have built their own agri-operations on top of Farmneed’s intelligence infrastructure, recognising that the platform’s data architecture is now the most reliable source of ground-truth farm intelligence available in the markets it serves.

Why This Matters for India’s 500 Million Farmers

India has 500 million farmers. The majority of them have never received an advisory that was actually about their farm — their soil, their crop, their risk, their weather. Every advisory they have ever received was written for someone else and applied to them by approximation. Farmneed is ending that approximation, one data point, one crop stage, and one accurate prediction at a time. In a country racing to feed a growing population against a backdrop of accelerating climate disruption, that precision is not a product feature. It is a national necessity.