Darshan Orna (BSE 539884)₹2.02−0.98%Gems, Jewellery And Watches
In the Jun 2026 quarter (standalone), Darshan Orna reported sales of ₹12.46 Cr, down 15.8% from Jun 2025, and net profit of ₹0.06 Cr, down 72.7% year on year. For the year to Mar 2026, sales were ₹71.57 Cr and net profit ₹0.66 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.34 | 10.98 | 4.86 | 8.43 | 2.48 | 2.41 | 8.41 | 14.79 | 6.32 | 25.08 | 25.35 | 12.46 |
| Expenses | 3.10 | 10.83 | 5.42 | 8.22 | 2.22 | 2.25 | 9.07 | 14.44 | 5.93 | 24.87 | 25.00 | 12.35 |
| Operating Profit | 0.21 | 0.08 | −0.58 | 0.15 | 0.23 | 0.13 | −0.70 | 0.27 | 0.35 | 0.08 | 0.20 | 0.07 |
| OPM % | 6.6% | 0.8% | −12.1% | 1.9% | 9.7% | 5.8% | −8.4% | 1.9% | 5.7% | 0.4% | 0.8% | 0.6% |
| Other Income | 1.08 | 0.28 | 1.96 | 0.00 | 0.03 | 0.00 | 0.77 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.03 | 0.00 | 0.03 | 0.03 | 0.02 | 0.01 | 0.03 | 0.03 | −0.02 | 0.07 | 0.01 |
| Depreciation | 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 | 1.29 | 0.35 | 1.37 | 0.13 | 0.25 | 0.12 | 0.04 | 0.25 | 0.33 | 0.11 | 0.15 | 0.05 |
| Tax % | 25.4% | 5.6% | 5.8% | 21.5% | 15.4% | 15.4% | 20.1% | 19.3% | 29.5% | 25.0% | 31.3% | 16.7% |
| Net Profit | 0.98 | 0.35 | 1.31 | 0.11 | 0.23 | 0.12 | 0.05 | 0.22 | 0.25 | 0.10 | 0.12 | 0.06 |
| EPS (Rs) | 0.09 | 0.02 | 0.12 | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 15.31 | 11.73 | 39.73 | 9.27 | 18.16 | 6.03 | 13.11 | 13.83 | 20.88 | 21.71 | 71.57 | 69.21 |
| Expenses | 15.28 | 11.60 | 39.02 | 9.00 | 19.72 | 6.01 | 12.96 | 13.81 | 21.03 | 21.54 | 70.24 | 68.15 |
| Operating Profit | −0.02 | 0.07 | 0.52 | 0.21 | −1.64 | 0.00 | 0.09 | −0.04 | −0.25 | 0.05 | 0.92 | 0.70 |
| OPM % | −0.2% | 0.7% | 1.4% | 2.4% | −9.1% | −0.2% | 0.8% | −0.4% | −1.2% | 0.3% | 1.3% | 1.0% |
| Other Income | 0.03 | 0.05 | −0.25 | 0.00 | 0.00 | 2.05 | 0.82 | 0.17 | 3.43 | 0.56 | 0.00 | 0.00 |
| Interest | 0.00 | 0.02 | 0.02 | 0.00 | 0.03 | 0.04 | 0.06 | 0.04 | 0.06 | 0.05 | 0.07 | 0.09 |
| Depreciation | 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 | 0.00 | 0.09 | 0.25 | 0.21 | −1.67 | 1.99 | 0.87 | 0.07 | 3.12 | 0.56 | 0.87 | 0.64 |
| Tax % | — | 30.1% | 57.8% | 27.3% | 0.0% | 8.0% | 10.3% | 25.0% | 14.5% | 17.6% | 26.2% | — |
| Exceptional items | 0.00 | 0.00 | −0.10 | 0.00 | 0.00 | 1.89 | 0.73 | 0.00 | 2.98 | −0.19 | 0.00 | — |
| Net Profit | 0.00 | 0.08 | 0.11 | 0.16 | −1.69 | 1.85 | 0.80 | 0.07 | 2.68 | 0.48 | 0.66 | 0.53 |
| EPS (Rs) | 0.00 | 0.00 | 0.00 | 0.01 | −0.16 | 0.17 | 0.07 | 0.00 | 0.26 | 0.04 | 0.05 | 0.01 |
| Dividend payout % | — | 0.0% | 119.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | — | 0.51 | 3.51 | 4.75 | 4.75 | 10.00 | 10.02 | 10.01 | 10.01 | 10.01 | 10.00 | 10.01 |
| Reserves | — | 2.90 | 0.62 | 7.01 | 7.12 | 2.18 | 0.18 | 2.10 | 3.04 | 3.06 | 8.93 | 9.64 |
| Borrowings | — | 0.00 | 0.25 | 0.02 | 0.36 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 3.70 | 6.32 |
| Other Liabilities | — | 0.17 | 0.88 | 0.33 | 0.60 | 0.78 | 2.89 | 0.23 | 0.31 | 0.35 | 1.96 | 1.17 |
| Total Liabilities | — | 3.58 | 5.26 | 12.11 | 12.83 | 12.96 | 13.09 | 12.34 | 13.36 | 13.42 | 24.59 | 27.14 |
| Fixed Assets | — | 0.02 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | — | 0.00 | 0.00 | 0.72 | 4.71 | 4.97 | 3.12 | 1.53 | 1.91 | 1.62 | 5.69 | 4.69 |
| Other Assets | — | 3.56 | 5.25 | 11.38 | 8.11 | 7.99 | 9.97 | 10.81 | 11.45 | 11.80 | 18.90 | 22.45 |
| Inventories | 0.26 | 0.94 | 1.00 | 4.72 | 1.87 | 4.21 | 4.19 | 10.00 | 11.02 | 9.36 | 18.31 | 18.76 |
| Trade receivables | 0.01 | 2.04 | 3.44 | 6.12 | 5.80 | 3.39 | 5.01 | 0.53 | 0.30 | 2.34 | 0.00 | 2.56 |
| Cash & equivalents | 0.10 | 0.52 | 0.28 | 0.15 | 0.23 | 0.14 | 0.35 | 0.04 | −0.25 | −0.09 | 0.02 | 0.48 |
| Total Assets | — | 3.58 | 5.26 | 12.11 | 12.83 | 12.96 | 13.09 | 12.34 | 13.36 | 13.42 | 24.59 | 27.14 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −2.86 | −0.23 | −6.72 | 4.07 | 0.01 | −1.45 | −3.98 | −0.91 | 0.26 | −2.71 | −1.53 |
| Cash from investing activity | −0.04 | 0.00 | −0.95 | −4.01 | −0.27 | 1.86 | 3.61 | 0.53 | −0.12 | 2.91 | 1.82 |
| Cash from financing activity | 3.34 | 0.00 | 7.56 | 0.00 | 0.16 | −0.19 | 0.09 | 0.11 | 0.00 | −0.06 | 0.19 |
| Net cash flow | 0.41 | −0.23 | −0.12 | 0.07 | −0.08 | 0.20 | −0.30 | −0.30 | 0.15 | 0.12 | 0.44 |
| Capex | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Free cash flow | −2.91 | −0.25 | −6.74 | 4.09 | 0.03 | −1.47 | −4.00 | −0.93 | 0.28 | −2.73 | −1.55 |
| CFO / OP % | −9,567.0% | 800.1% | −8,412.0% | 770.0% | 36.0% | 88.0% | 38,300.0% | −830.0% | −580.0% | 873.0% | −2,399.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 92 | 83 | 192 | 54 | 135 | 102 | 34 | 10 | 63 | 0 | 44 |
| Inventory days | 44 | 25 | 155 | 19 | 177 | 79 | 627 | 317 | 253 | 323 | 322 |
| Days payable | 0 | 0 | 5 | 2 | 28 | 51 | 5 | 6 | 6 | 3 | 4 |
| Cash conversion cycle | 134 | 107 | 341 | 70 | 284 | 129 | 654 | 319 | 308 | 321 | 361 |
| Working capital days | 125 | 82 | 337 | 62 | 276 | 133 | 636 | 316 | 303 | 235 | 248 |
| ROCE % | 1.6% | 0.0% | 1.4% | 4.6% | 1.8% | −14.7% | −0.1% | 0.9% | 1.0% | −1.5% | 3.6% |
For the Jun 2026 quarter, Darshan Orna reported sales of ₹12.46 Cr, down 15.8% year on year and net profit of ₹0.06 Cr, down 72.7% year on year. The operating margin was 0.6%.
Darshan Orna's sales for the year to Mar 2026 were ₹71.57 Cr; over the last twelve months they were ₹69.21 Cr.
Net profit for the year to Mar 2026 was ₹0.66 Cr, and ₹0.53 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.01.
Darshan Orna reported borrowings of ₹6.32 Cr at Mar 2025, against cash and equivalents of ₹0.48 Cr.
Cash from operations was −₹1.53 Cr in the year to Mar 2025; after capital spending, free cash flow was −₹1.55 Cr.