U. H. ZAVERI LIMITED · CashKonnect

About

U.H. Zaveri Limited engages in the wholesale, retail, and trade of jewelry in India. Its products include gold and silver jewelry with or without studded precious and semi-precious stones comprising a range of earrings, neckpieces, armlets, bangles, anklets, bracelets, pendant sets, rings, nose studs, chains, and other products, as well as utensils. The company also provides custom design and gold buy backs services. In addition, the company operates a showroom that offers contemporary, antique, kundan, polka, and temple jewelry. U.H. Zaveri Limited was founded in 1999 and is based in Ahmedabad, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	6.54	8.82	18.25	10.78	5.60	3.93	15.51	6.71	5.51	5.24	7.72	4.07	3.14
Expenses	6.51	8.77	18.23	10.75	5.58	3.93	15.48	6.62	5.35	5.69	7.35	3.72	3.07
Operating Profit	0.03	0.05	0.02	0.03	0.02	0.00	0.03	0.09	0.16	-0.45	0.37	0.35	0.07
OPM %	0.46	0.57	0.11	0.28	0.36	0.00	0.19	1.34	2.90	-8.59	4.79	8.60	2.23
Other Income	0.00	0.00	0.00	0.00	0.00	0.01	0.00	-0.02	0.01	0.09	0.03	0.05	0.25
Depreciation	0.00	0.02	0.00	0.00	0.00	0.00	0.01	0.01	0.00	0.01	0.00	0.01	0.01
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.03	0.03	0.02	0.03	0.02	0.01	0.02	0.06	0.17	-0.37	0.40	0.39	0.31
Tax %	33.33	66.67	0.00	33.33	50.00	0.00	50.00	33.33	23.53	-8.11	15.00	5.13	16.13
Net Profit	0.02	0.01	0.01	0.02	0.02	0.00	0.02	0.04	0.13	-0.34	0.34	0.38	0.27
EPS in Rs	0.01	0.00	0.00	0.01	0.01	0.00	0.01	0.01	0.04	-0.11	0.11	0.12	0.09

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Sales	43.45	31.63	20.14	13.87	15.94	6.90	6.55	8.82	16.28
Expenses	43.34	31.36	19.80	13.64	15.76	6.82	6.48	8.75	15.57
Operating Profit	0.11	0.27	0.34	0.23	0.18	0.08	0.07	0.07	0.71
OPM %	0.25	0.85	1.69	1.66	1.13	1.16	1.07	0.79	4.36
Other Income	0.00	0.02	0.42	0.89	0.41	0.11	0.02	0.00	-0.58
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.00
Depreciation	0.02	0.02	0.02	0.02	0.03	0.03	0.03	0.04	0.02
Profit before tax	0.09	0.27	0.74	1.10	0.56	0.16	0.05	0.02	0.11
Tax %	33.33	25.93	12.16	24.55	7.14	12.50	20.00	50.00	72.73
Net Profit	0.05	0.21	0.65	0.83	0.52	0.14	0.03	0.02	0.03
EPS in Rs	0.02	0.07	0.21	0.27	0.17	0.05	0.01	0.01	0.02
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Equity Capital	30.58	10.19	10.19	10.19	6.12	6.12	6.12	6.12	3.90
Reserves	9.44	9.28	9.07	4.26	7.56	7.03	6.89	6.86	1.19
Borrowings	0.00	12.45	10.86	0.37	0.00	0.02	0.05	0.08	0.00
Other Liabilities	0.74	0.78	0.91	0.33	0.45	0.34	0.54	0.40	2.38
Total Liabilities	40.76	32.70	31.03	15.15	14.13	13.51	13.60	13.46	7.47
Fixed Assets	0.15	0.14	0.15	0.17	0.18	0.20	0.22	0.24	0.13
CWIP	4.63	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	4.76	4.74	0.11	1.69	3.01	2.38	0.00	0.00
Other Assets	35.98	27.80	26.14	14.87	12.26	10.30	11.00	13.22	7.34
Total Assets	40.76	32.70	31.03	15.15	14.13	13.51	13.60	13.46	7.47

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Cash from Operating Activity	-8.50	-1.40	-10.72	-2.80	-1.68	-0.43	2.51	-6.54	-4.77
Cash from Investing Activity	0.09	-0.01	4.65	-2.19	1.31	-0.64	-2.39	-0.14	-0.15
Cash from Financing Activity	8.05	1.60	6.12	4.96	0.39	0.08	-0.01	7.94	4.95
Net Cash Flow	-0.36	0.19	0.05	-0.03	0.02	-0.99	0.11	1.26	0.02
Free Cash Flow	-8.54	-1.40	-10.70	-2.80	-1.69	-0.44	2.50	-6.68	-4.92
CFO/OP %	-7,709.00	-493.00	-3,126.00	-1,100.00	-911.00	-512.00	3,600.00	-9,343.00	-672.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018
Debtor Days	0.25	9.35	13.23	58.68	56.56	33.86	308.72	356.72	111.65
Inventory Days	300.45	308.93	467.47	337.43	223.33	519.36	238.63	132.08	52.45
Days Payable	2.16	0.12	0.58	0.00	10.33	17.99	30.67	15.19	54.39
Cash Conversion Cycle	298.54	318.16	480.12	396.11	269.56	535.22	516.68	473.61	109.72
Working Capital Days	296.96	308.80	455.80	360.00	258.06	499.89	496.51	470.94	106.94
ROCE %	0.25	0.87	3.29	7.72	4.17	1.22	0.46	0.33	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	39.27	39.27	39.27	26.29	26.29	26.29	26.29	45.27	45.27	45.41	54.45	63.76
Public	60.72	60.73	60.73	73.70	73.71	73.70	73.70	54.75	54.73	54.59	45.56	36.25
No. of Shareholders	8,241	8,518	9,088	9,011	9,312	9,690	10,365	7,163	7,244	7,622	6,747	442