Darshan Orna Ltd

Darshan Orna Ltd Reports Stellar Growth: Revenue Up 73.71% in FY 2024 📈

- Revenue from operations grew 51.01% to ₹2086.89 lakh in FY 2024

- Total revenue increased 73.71% to ₹2431.16 lakh in FY 2024

- Profit before tax surged 3876.69% to ₹312.16 lakh in FY 2024

- Net profit after tax rose 4466.84% to ₹267.15 lakh in FY 2024

- EBITDA jumped to ₹317.40 lakh from ₹12.84 lakh in FY 2023

- Basic EPS improved to ₹0.53 from ₹0.01 in FY 2023

- Rights issue: 1:1 ratio at ₹3/share (₹2 face value + ₹1 premium)

- Record date: October 31, 2025; Issue period: Nov 13-21, 2025

- Proceeds: ₹1450.88 lakh for working capital, ₹25 lakh for corporate purposes

- Promoters hold 30.40% stake, committed to full subscription

- No dividends paid in last 3 years; no outstanding litigations

- Jewelry market opportunity: India projected to reach $100B by 2027

- Risks include raw material volatility and competitive pressures