Tag: Business

Rajkot (Gujarat) [India], November 10: Captain Polyplast Limited (CPL, BSE: 536974), is one of the leading manufacturer and exporter of micro irrigation solutions, and has diversified its operations into solar EPCsegment. The Company reported its unaudited financials for Q2 & H1FY26.

Key Consolidated Financial Highlights

Particulars (₹ Cr)	Q2 FY26	Q2 FY25	H1 FY26	H1 FY25
Total Income	80.09	54.11	150.31	119.77
EBITDA	8.24	6.69	16.02	13.51
EBITDA Margin (%)	10.29	12.37	10.66	11.28
PBT (Excluding Exceptional Gain)	5.76	3.48	11.12	7.16
Net Profit*	4.24	16.27	8.54	19.48
Net Profit Margin (%)	5.30	30.08	5.68	16.26
Diluted EPS (₹)	0.71	2.94	1.42	3.52

Note*: The Net Profit in Q2 & H1 FY25 includes as exceptional gain of ₹15.61 Cr

Commenting on the performance Mr. Ritesh Khichadia, a Whole Time Director of Captain PolyplastLimited said, “In Q2, we focused on strengthening our operations and maintaining steady progress across our core segments. We have reported healthy revenue growth of 48% YoY and EBITDA growth of 23% YoY during the quarter on account of growth in both micro irrigation and solar EPC segment. We have continued to grow our solar EPC business by expanding our presence in both rooftop and solar pumps segment. We have secured vendor empanelment for supply of solar pumps under PM-KUSUM scheme in Maharashtra and Gujarat. Looking ahead, we expect strong government support continuing to drive demand for irrigation and solar solutions. The reduction in GST from 12% to 5% on drip irrigation, sprinklers, and solar equipment has improved affordability which augurs well for demand.”

Q2 FY26 Key Business Highlights

Maharashtra Solar pump	Received empanelment from MSEDCL under the “Magel Tyala Saur Krishi Pump” Yojna with initial order for supply of 200 off-grid solar water pumps worth ₹5.97 Cr
Gujarat Solar pump	Received LOA from Dakshin Gujarat Vij Company Ltd under the PM-KUSUM Scheme for empanelment to supply off-grid solar water pumps across Gujarat

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Surat (Gujarat) [India], November 8: Surat’s gem and jewellery powerhouse just got a futuristic makeover. The International School of Gems and Jewellery (ISGJ) has unveiled its Next GenZ Campus in Katargam — a space where diamonds meet data and design meets AI.

The Sparkle of Innovation

Surat’s diamond and jewellery ecosystem, already known for shaping 90% of the world’s diamonds, is taking a giant technological leap. The new Next GenZ Campus of ISGJ promises to turn young talent into high-skilled, tech-savvy professionals ready for global markets.

This isn’t just another training centre. It’s a laboratory of innovation. With AI-based jewellery design, 3D modelling, and automated manufacturing at its core, the campus will transform how India approaches jewellery craftsmanship.

ISGJ’s Expanding Footprint

Founded with a mission to blend creativity and commerce, ISGJ has long been a hub for professional jewellery education. Its expansion into Katargam — the beating heart of Surat’s diamond trade — was inevitable. The institute already operates in Ahmedabad, Hyderabad, Sri Lanka, and Russia, and now has its eyes set on Africa.

The Katargam centre will host 15 specialised programmes ranging from gemology and valuation to AI-driven jewellery design and diamond grading. Every course aims to equip students with hands-on experience in real-world industry settings.

Building Skills, Building Futures

Riddhi Vachhani, Managing Director of ISGJ, summed it up best: “This new jewellery design and research centre will create opportunities for thousands of young people, helping them build careers and become financially independent.”

It’s not just lip service. The 5,000-square-foot campus comes loaded with advanced laboratories, industry-grade machinery, and tech infrastructure that mirrors global manufacturing setups. Students will literally learn the art and science of jewellery design side by side.

India’s First Jewellery BBA & MBA

ISGJ isn’t new to innovation. It already offers India’s first BBA in Jewellery Design & Management and MBA in Jewellery Business Management — a bold attempt to formalize what was once an artisan-driven trade. So far, more than 25,000 students have passed through its doors, now spread across international markets and leading jewellery houses.

Surat: Where Tradition Meets Technology

There’s something poetic about Surat — a city that’s polishing both diamonds and futures. With ISGJ’s new AI-powered learning model, the industry is not just preserving its legacy but rewriting it for the digital age.

The campus’s strategic location in Katargam places students right in the middle of the diamond economy, surrounded by factories, traders, and designers. It’s an ecosystem built for collaboration, experimentation, and global ambition. https://www.isgj.org/

PNN News

New Delhi [India], November 8: Celebrating over three decades of olfactory excellence, Zam Zam Perfumers, India’s trusted name in non-alcoholic fragrances, proudly unveils its flagship luxury range — The Elysian Collection. Crafted for the modern connoisseur, this collection captures the soul of Indian perfumery while embracing international refinement.

Founded in 1991 in the historic Hazrat Nizamuddin of New Delhi, Zam Zam Perfumers has long been synonymous with purity, craftsmanship, and authenticity. The brand’s philosophy remains timeless — to create fragrances that are not merely worn but felt; not just scents but experiences.

Kalimat — The Crown Jewel of Elysian

At the heart of the Elysian Collection lies Kalimat, a fragrance oil that bridges Arabian tradition and French sophistication. Kalimat is a sensory story — where the warmth of oudh, the richness of amber, and the floral grace of Bulgarian rose intertwine to create a scent that is both exotic and elegantly familiar.

Imagine walking through an ancient Arabian souk infused with ambered woods, then stepping into a French garden blooming with roses — Kalimat captures this journey. Its aroma evolves from sweet oudh to resinous amber before settling into soft, royal rose undertones.
Designed for luxury seekers, professionals, and fragrance enthusiasts, Kalimat promises versatility — equally suited for grand occasions or subtle everyday sophistication.

“Kalimat is not just a fragrance; it is a story of heritage and emotion,” says the Zam Zam Perfumers team. “It represents our vision of uniting cultures through the universal language of scent.”

A Symphony of Eight Masterpieces

The Elysian Collection brings together eight premium attars — each telling its own story of emotion and character:

• Ilhaam – Deep, woody sophistication with oudh elegance.
• Passion – A bold fusion of amber, vanilla, and floral sensuality.
• Adab – Graceful luxury with citrus and amber radiance.
• Ehsas – A cool, musky floral inspired by calm and introspection.
• Rafif – Rich amber, wood, and leather for those who command presence.
• Areesh – Bright notes of grapefruit and lychee with delicate jasmine.
• Quaid – A stately composition of saffron, amber, and musk — the scent of leadership.

Each attar is non-alcoholic, long-lasting, and unisex, meticulously crafted in certified facilities and designed to adapt seamlessly to every personality and occasion.

Luxury Rooted in Trust

With multiple retail boutiques across Delhi and Srinagar, and a growing e-commerce presence, Zam Zam Perfumers has become a national fragrance destination. The brand’s excellent customer reviews and consistent quality assurance have earned it a loyal clientele of fragrance enthusiasts, religious consumers, and luxury buyers across India and abroad.

Through www.zamzamperfumers.com, customers can now experience the essence of Indian luxury from anywhere — with express nationwide delivery, cash-on-delivery options, and dedicated support ensuring a seamless buying journey.

About Zam Zam Perfumers

Founded in 1991, Zam Zam Perfumers is a distinguished Indian fragrance house offering over 150 varieties of premium non-alcoholic attars. Renowned for authenticity, purity, and craftsmanship, the brand continues to uphold India’s rich perfumery heritage through innovative collections like Elysian that redefine modern luxury.

www.zamzamperfumers.com
Instagram: @zamzamperfumers.official

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Mumbai (Maharashtra) [India], November 8: Anand Rathi has featured Patel Retail Limited as its Pick of the Month, highlighting the company’s strong technical setup and potential short-term upside. According to the report, Patel Retail has exhibited a bullish divergence on the hourly chart, where the stock price has been forming lower lows while the MACD indicator has been forming higher lows. This pattern typically indicates a slowdown in selling pressure and signals the possibility of a trend reversal.

The brokerage expects the stock to witness a rebound from current levels and has recommended a buying range of ₹210–₹215 with a target price of ₹242, reflecting an upside potential of approximately 14% over the next month. A stop-loss at ₹197.5 on a daily closing basis has been advised to manage downside risk. Sustained movement above ₹225 could further confirm the reversal trend and attract additional buying momentum.

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

Mumbai (Maharashtra) [India], November 8: Infomerics Valuation and Ratings Private Limited. has revised the outlook for Globe Civil Projects Limited’s long-term bank facilities from Stable to Positive while reaffirming the rating at IVR BBB. The short-term rating of IVR A3+ has also been reaffirmed.

The revision in outlook reflects Globe Civil Projects Limited’s strengthened capital structure following its successful ₹119 Cr Initial Public Offering (IPO) in July 2025, along with anticipated improvement in debt protection metrics and steady business performance. The company’s total operating income increased by 11% year-on-year to ₹325.99 Cr in FY25, supported by timely project execution and higher operational efficiency. Operating margins expanded to 16.43% in FY25 from 15.10% in FY24, while profit after tax grew by 57% to ₹24.05 Cr during the same period.

As of September 30, 2025, the company reported a strong order book position of ₹1,001.28 Cr, representing 3.07 times its FY25 revenue, ensuring strong near-to-medium-term revenue visibility. The order book is diversified across reputed clients, including CPWD, NBCC, Indian Railways, AIIMS, IITs, and the Haryana Cricket Association.

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Mumbai (Maharashtra) [India], November 7: Mumbai’s dessert aficionados are in for a treat as Deliure, the city’s luxury dessert destination, continues its expansion with two new outlets in Mulund and Colaba. With the Colaba store marking its 13th branch, this milestone reflects Deliure’s growing presence across Mumbai and its enduring commitment to crafting indulgent, artfully made desserts for every corner of the city.

Each new outlet is a reflection of Deliure’s design philosophy — elegant, inviting, and refined. The Mulund outlet brings Deliure’s signature desserts to the lively suburban community, while the Colaba branch captures the charm of South Mumbai’s cosmopolitan spirit. Both spaces embody the brand’s belief that dessert is not just a sweet ending but an experience worth savouring.

“Our new outlets are a celebration of how far our passion has come,” says Mohammad Selia, Founder of Deliure. “From Mulund to Colaba, we’re creating spaces where people can enjoy world-class desserts in settings that feel both warm and elevated.”

Alongside the expansion, Deliure also unveils its newest creation — the Silken Bar collection. These sleek, layered desserts blend luxurious textures with refined flavours, offering a modern interpretation of indulgence. Available in four variants — Pineapple Layer, Tiramisu Layer, Classic Caramel, and Dulce de Leche — each Silken Bar is a harmony of creaminess, balance, and artistry. Whether it’s the tropical zest of Pineapple, the Italian charm of Tiramisu, or the golden warmth of Caramel and Dulce de Leche, these bars redefine smooth sophistication in every bite.

With its new outlets and innovative dessert lineup, Deliure continues to set the benchmark for premium patisserie in Mumbai — a brand that celebrates craftsmanship, creativity, and the sheer joy of dessert done right.

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Mumbai (Maharashtra) [India], November 8: Neetu Yoshi Limited (BSE: 544434),is engaged in manufacturing customized products in various grades of ferrous metallurgical materials, including mild steel, spherical graphite iron, cast iron, and manganese steel, has reported its Unaudited financials for H1 FY26.

H1 FY26 Consolidated Financial Highlights

• Total Income of ₹ 45.89 Cr, YoY growth of 30.05%

• EBITDA of ₹ 15.93 Cr, YoY growth of 38.31%

• EBITDA Margin (%) of 34.72%, YoY growth of 207 BPS

• Net Profit of ₹ 11.54 Cr, YoY growth of 45.00%

• Net Profit Margin (%) of 25.15%, YoY growth of 259 BPS

• Diluted EPS of ₹ 3.49, YoY growth of 22.03%

Commenting on the financial performance Mr. Himanshu Lohia, Managing Director cum Chief Financial Officer, Neetu Yoshi Limited said, “The first half of FY26 has been a period of strong progress for us at Neetu Yoshi Limited. We continued to build on last year’s momentum, strengthening our presence as a trusted and forward-looking partner to Indian Railways. Our focus has remained on operational discipline, technology-driven manufacturing, and timely execution across every order.

During the period, we further deepened customer relationships, secured repeat orders, and enhanced production efficiency through better process integration and quality control. The team’s commitment to precision engineering and adherence to RDSO standards has helped us maintain our reputation for reliability and performance.

Our new facility in Haridwar is progressing well and remains central to our vision of forward integration into bogies and couplers. Once operational, it will mark a major step toward expanding our product range, scaling capacity, and capturing higher-value opportunities within the railway supply chain. We are also exploring opportunities beyond our traditional railway base, including private freight operators and industrial applications, while maintaining our core focus on safety-critical components.

Over the past year, we have also diversified our product portfolio by adding new lines across coach, track, and locomotive components, further strengthening our ability to serve multiple segments of Indian Railways. These additions enhance our market presence and align with our strategy of evolving from a component manufacturer to a complete railway engineering partner.

The government’s record ₹3.02 lakh crore capital outlay for FY26 and the ₹16.7 lakh crore modernization plan through 2031 are driving an unprecedented transformation in India’s railway sector. Initiatives such as the National Rail Plan, Dedicated Freight Corridors, and Make in India are fueling demand for certified, high-precision components—aligning perfectly with our expertise in bogies, couplers, and braking systems.

Looking ahead, we are confident of sustaining this growth momentum as we move into the second half of the year. With our RDSO-approved facility, expanding capacity, and focus on engineering excellence, we are well positioned to capitalize on the ongoing rail modernization drive, strengthen our market presence, and deliver long-term value.”

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Bangalore (Karnataka) [India], November 7: Asian Granito India Limited (AGL), a leading brand in luxury surface products including Tiles, Marbles, Quartz, and bathroom solutions, has inaugurated AGL Universe – its mega-sized showroom in Bangalore. This milestone moment brings a world of elegance and sophistication under one roof.

Spread across 4,500 sq feet area, this will be one of the company’s largest showrooms in Bangalore, India’s thriving IT and Tech hub in association with Saffron Granito at 445/1, Manjunatha Nilaya, Kelkere Village, Horamavu Post, Bangalore -560043.

The showroom, owned and managed by Mr. Hasmukh Patel and Mr. Nitin Patel of Saffron Granito, was inaugurated by Mr. Bhavesh Patel, Director, Asian Granito India Ltd. (AGL), in the presence of Mr. Chirag Dave, AVP – Sales, AGL, and Mr. Karan Jethavat, AGL, on 2nd November 2025, along with the senior team of Saffron Granito and Asian Granito India Ltd. The launch marks another milestone in AGL’s continued commitment to strengthening its market presence and enhancing customer experience.

The Bangalore showroom has been designed with premium finishes and modern tile and slab trends. It is designed to serve architects, homebuilders, and designers seeking stylish and elegant options for both indoor and outdoor spaces. Customers can explore AGL’s latest range, which includes ceramic wall and floor tiles, glazed and polished vitrified tiles, parking tiles, marble, quartz, bathware, and more.
It offers a one-stop destination for anyone planning premium and long-lasting spaces.

Speaking on this occasion, Mr Kamlesh Patel, Chairman and Managing Director, Asian Granito India Ltd, said, “India’s IT hub, Bangalore, has also grown into one of India’s largest corporate and real estate hubs, home to global businesses, premium residential developments and a design-forward community. With the rising demand for modern, premium surfaces in this evolving market, our new showroom will help us serve architects, designers and homeowners seeking contemporary aesthetics and superior quality. AGL continues to strengthen its identity as a 360° building materials brand, offering an integrated range of tiles, quartz, marbles and bathware. Through this expansion, we aim to bring world-class designs, innovative finishes and an elevated experience closer to our customers, reinforcing our commitment to excellence and design leadership.”

This grand showroom embodies AGL’s commitment to elevating lifestyle aesthetics with cutting-edge designs and world-class quality. Through continuous investment in research, development and sustainable operations, AGL has cemented its position as a leader in India’s ceramic industry and an emerging global brand.

Mr. Bhavesh Patel, Director, Asian Granito India Ltd., said, “Bengaluru’s growing lifestyle and design aspirations make it an important market for us. With this new showroom, customers can experience our latest surfaces in a dedicated space that brings ideas to life. We aim to support architects, designers, and homeowners by offering premium products and a seamless selection experience. This launch further strengthens our presence in the city as we continue expanding and serving customers with quality and trust.”

Company has strategically enhanced its brand presence by signing Bollywood actor Ranbir Kapoor as the face of its “Premium ka Pappa” campaign. Additionally, AGL’s Bonzer7 brand onboarded actress Vaani Kapoor for its “Kya Baat Hain” campaign, aiming to resonate with younger audiences and reinforce its market position. These campaigns underscore AGL’s commitment to innovation and its strategy to connect with a broader consumer base.

In a short span of two & half decades, Asian Granito India Ltd has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand. The Company manufactures and markets a range of Tiles, Engineered Marble and Quartz, Sanitaryware and Faucets. The Company has over 277 exclusive franchisee showrooms, 13 company-owned display centres, and an extensive marketing and distribution network across India, with over 18,000 touchpoints, including distributors, dealers, and sub-dealers. The Company also exports to more than 100 countries.

Bangalore Showroom Youtube Link – https://www.youtube.com/shorts/Tz76oZFFywY

About AGL

Established in the year 2000, AGL has emerged as India’s leading Luxury Surfaces and Bathware Solutions brand in a short span of two & Half decades. The Company manufactures and markets a wide range of Tiles, Engineered Marble and Quartz, Bathware and Faucets. AGL products are synonymous with reliability, adaptability, innovation, and quality consciousness. The company has created a strong brand identity, well recognised globally, and a loyal customer following across various segments. Today, it is the 4th largest listed ceramic tile company in India, with a field force of more than 700.

Ranked amongst the top ceramic tiles companies in India, AGL has achieved over 65 times growth in its production capacity, from 0.83 Million Sq. Mtrs. Per Annum in FY 2000 to 54.5 Million Sq. Mtrs. Per Annum in FY 2025. AGL is also the only tiles company to be acknowledged in the Vibrant Gujarat Summit 2015 for achieving phenomenal growth.

The Company has 14 state-of-the-art manufacturing units spread across Gujarat and over 277 exclusive franchisee showrooms, as well as 13 company-owned display centres across India. Furthermore, the Company has an extensive marketing and distribution network across India, with over 18,000 touchpoints, including distributors, dealers, and sub-dealers. The company also exports to more than 100 countries.

The Company aims to strengthen its identity as a leader in the Indian ceramic industry by consistently introducing innovative and value-added products to the market, thereby keeping pace with its valued customers. Headquartered in Ahmedabad, AGL is listed on the NSE & BSE, and reported a net consolidated turnover of INR 1,628 crore in FY 2025. (For more information, please visit: www.aglasiangranito.com)

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Mumbai (Maharashtra) [India], November 7: Shera Energy Limited (NSE – SHERA), is one of the leading manufacturers of winding wires and strips made from non-ferrous metals, has announced its Un-audited Financial Results for H1 FY26.

H1 FY26 Consolidated Financial Highlights

• Total Income of ₹ 782.64 Cr, YoY growth of 30.04%

• EBITDA of ₹ 41.41 Cr, YoY growth of 42.26%

• PBT of ₹ 21.12 Cr, YoY growth of 62.09%

• Net Profit of ₹ 15.21 Cr, YoY growth of 57.39%

• Diluted EPS of ₹ 4.92, YoY growth of 48.19%

H1 FY26 Standalone Financial Highlights

• Total Income of ₹ 508.13 Cr, YoY growth of 20.97%

• EBITDA of ₹ 18.42 Cr, YoY growth of 28.54%

• PBT of ₹ 7.76 Cr, YoY growth of 31.23%

• Net Profit of ₹ 5.76 Cr, YoY growth of 31.56%

• Diluted EPS of ₹ 2.35, YoY growth of 22.40%

Commenting on the Performance, Mr. Naseem Shaikh, Chairman and Managing Director, Shera Energy Limited expressed, “Over the last few years, we’ve built Shera Energy with a clear focus on growth, diversification, and cost efficiency. From a small setup, we have grown multi-fold by expanding capacities, strengthening backward integration, and maintaining operational discipline.

Our upcoming copper cathode plant in Zambia will make us self-reliant in raw materials and improve our margins. In India, we are adding solar ribbons, conductors, and specialized wires used in power and renewable applications, which will further enhance our product range and profitability. We have also approved the incorporation of a new overseas subsidiary in Ethiopia, marking our entry into another African market and supporting our goal of building a wider global presence.

The non-ferrous metals industry in India is on a strong growth path, supported by infrastructure development, electrification, and renewable energy projects. With our integrated operations and expanding capacity, we are well-positioned to benefit from this momentum.

Looking ahead, we expect consistent improvement in revenue and profitability as both our Indian and Zambian operations contribute more meaningfully. Our focus remains on sustainable growth, stronger financials, and long-term value creation.”

Q2 FY26 Key Business Highlights

Incorporates Subsidiary in Ethiopia

• Overseas Subsidiary: Approved incorporation in Ethiopia.

• Investment: Up to USD 1 million.

• Objective: Business expansion and strategic growth in Africa.

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Mumbai (Maharashtra) [India], November 7: Rajputana Industries Limited (NSE: RAJINDLTD), a renowned name in manufacturing of non-ferrous metal products, has announced its Un-Audited Financial Results for H1FY26.

H1 FY26 Key Financial Highlights

• Total Income of ₹ 333.02 Cr, YoY growth of 29.19%

• EBITDA of ₹ 12.84 Cr, YoY growth of 46.80%

• PBT of ₹ 7.28 Cr, YoY growth of 46.00%

• Net Profit of ₹ 5.41 Cr, YoY growth of 33.10%

Commenting on the performance Mrs. Shivani Shaikh, Chairman and Managing Director of Rajputana Industries Limited said, “The first half of FY26 reflects steady operational progress and reinforces the strength of our integrated, recycling-based business model. Our consistent growth in revenue and profitability highlights disciplined execution, improved efficiency, and strong demand across copper, aluminium, brass, and alloy products.

Industry tailwinds driven by electric mobility, renewable energy, infrastructure, and industrial applications continue to support our performance. With a robust manufacturing base, enhanced capacity utilization, and process automation, we are well-positioned to meet rising domestic and global demand.

As we move into the next phase of our journey, our focus is on scaling capacity, deepening integration, and widening our global footprint. We are expanding into value-added conductors and specialized alloy products, backed by automation and process digitalization to enhance efficiency. With growing demand from EV, renewable energy, and infrastructure sectors, we aim to strengthen our position in both domestic and export markets, particularly across ASEAN, Europe, and Africa. Supported by investments in R&D, ESG practices, and customer-focused innovation, we are building Rajputana Industries into a future-ready, high-value non-ferrous solutions partner for global industries.”

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