Palm Jewels Limited is an India-based company, which is engaged in the wholesale business of gold jewelry. The Company sells gold-based chains, silver ornaments, bracelets and necklaces. The Company outsources the manufacturing of its jewelry through job workers based in Ahmedabad and Mumbai. The raw material used for making its products is gold and silver. It procures gold and silver through the bullion market and partially from the local markets in Ahmedabad. Its jewelry is widely sold throughout Gujarat only through business to business (B2B) marketing and/ or direct/outbound marketing strategy. Its products include gold chain, gold lucky, silver payal, silver zuda, and silver baccha items. Its gold lucky products include hollow lucky, cartier lucky, casting lucky, ladies lucky and lotus lucky. Its silver payal products include Jain 6T Payal, Antique Payal, JO 70 Payal, JO 100 Payal and Jain 7T Payal. Its silver baccha item products include kadli and baccha payal.
Palm Jewels Limited Financial Highlights
- Revenue: Palm Jewels Limited reported revenue of ₹185.32 crore in FY26 vs ₹189.78 crore in FY25. It showed a decrease of 2.35% on a yearly basis.
- Operating Profit: Palm Jewels Limited reported an operating profit of ₹1.35 crore in FY26 vs ₹0.71 crore in FY25. It showed an increase of 90.14% on a year-on-year basis.
- Net Profit: Palm Jewels Limited reported a net profit of ₹1.00 crore in FY26 vs ₹0.54 crore in FY25. It showed an increase of 85.19% on a yearly basis.
Palm Jewels Limited Quarterly Result Highlights
- Palm Jewels Limited reported revenue of ₹49.25 crore in Mar 2026, compared with ₹58.20 crore in Dec 2025, representing a decrease of 15.38% on a quarter-on-quarter (QoQ) basis.
- Palm Jewels Limited reported an operating profit of ₹0.23 crore in Mar 2026, compared with ₹0.53 crore in Dec 2025, representing a decrease of 56.60% on a quarter-on-quarter (QoQ) basis.
- Palm Jewels Limited reported a profit of ₹0.15 crore in Mar 2026, compared with ₹0.40 crore in Dec 2025, reflecting a decrease of 62.50% on a QoQ basis.
- The earnings per share (EPS) of Palm Jewels Limited stood at ₹0.54 during Mar 2026.
