💎 Utssav CZ Gold Jewels FY25 Results: ₹64 Cr Revenue, ₹25 Cr Profit & ₹6 Cr IPO Money — But Is the Shine Real or Just Flash?
🧠 At a glance
Utssav CZ Gold Jewels Ltd, a listed SME in the business of gold and silver ornaments, reported its best-ever revenue and profit in FY25. Sales more than doubled to ₹64.6 Cr. Net profit jumped to ₹25.05 Cr, and EPS came in at ₹11.63. The company also raised over ₹6 Cr in IPO proceeds, all of which has already been “utilized.” Sounds golden, right?
Now let’s open the locker and check what’s actually inside.
🏢 About the Company
Utssav CZ Gold Jewels Ltd is a Mumbai-based player in the organized jewellery retail and manufacturing space. The company primarily deals in:
Gold jewellery (including bridal and festive)
Silver ornaments and coins
Retail distribution and wholesale trade
Possibly CZ (cubic zirconia) imitation segments too
It’s positioned as a traditional jewellery business riding the wave of India’s ₹5 lakh crore gold economy — just on the SME side of the stock market.
The company is headed by Pankajkumar Hastimal Jagawat, who also signs the balance sheet, cash flow statement, and IPO utilization table.
👔 Key Managerial Personnel
Name
Role
Pankajkumar H. Jagawat
Managing Director
Jain V & Co.
Statutory Auditors
No CFO was mentioned in the results filing. Maybe in this company, the MD wears all the rings — and signs all the cheques.
