VEGA
VEGA JEWELLERS financials
- Market cap
- ₹315 Cr
Quarterly results
Q1 FY27: revenue up 81.3%, net profit up 450.0% against the same quarter last year.
| Line item | Q2 FY21 | Q3 FY21 | Q4 FY21 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 2 | 0 | 150 | 263 +8667% | 258 +12800% | 307 | 272 +81% |
| EBITDA | 0 | 0 | 0 | 9 | 20 | 28 | 30 | 39 +333% |
| Net profit | 0 | 0 | 0 | 4 | 11 | 15 | 17 | 22 +450% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +60.2% 1Y
1Y: ₹38.66 on 9 Sept 2025 → ₹61.95. High ₹62.45 (19 Jan 2026), low ₹38.66 (9 Sept 2025).
Financials, as filed
Revenue grew 317.9% a year over 2 years, FY20 to FY26. Operating margin widened to 8.9%.
| Year ending | FY20 | FY21 | FY26 |
|---|---|---|---|
| Revenue | ₹56 Cr | ₹6 Cr | ₹978 Cr |
| Operating profit | ₹-6 Cr | ₹0 Cr | ₹87 Cr |
| Operating margin | -10.7% | 0.0% | 8.9% |
| Interest | ₹0 Cr | ₹0 Cr | ₹17 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹7 Cr |
| Net profit | ₹-6 Cr | ₹0 Cr | ₹47 Cr |
| Net margin | -10.7% | 0.0% | 4.8% |
| Cash from operations | ₹-1 Cr | ₹0 Cr | ₹-350 Cr |
| Free cash flow | ₹-1 Cr | ₹0 Cr | ₹-373 Cr |
| ROCE | -74.0% | -1.0% | — |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY18 | FY19 | FY20 | FY21 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹10 Cr | ₹10 Cr |
| Reserves | ₹2 Cr | ₹2 Cr | ₹-5 Cr | ₹2 Cr | ₹86 Cr | ₹154 Cr |
| Borrowings | ₹9 Cr | ₹8 Cr | ₹10 Cr | ₹0 Cr | ₹221 Cr | ₹278 Cr |
| Other liabilities | ₹6 Cr | ₹2 Cr | ₹2 Cr | ₹0 Cr | ₹286 Cr | ₹238 Cr |
| Total liabilities | ₹18 Cr | ₹13 Cr | ₹8 Cr | ₹3 Cr | ₹603 Cr | ₹680 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹50 Cr | ₹53 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹5 Cr | ₹4 Cr |
| Other assets | ₹17 Cr | ₹12 Cr | ₹7 Cr | ₹3 Cr | ₹548 Cr | ₹622 Cr |
| Total assets | ₹18 Cr | ₹13 Cr | ₹8 Cr | ₹3 Cr | ₹603 Cr | ₹680 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +1.15 pp while the public trimmed −1.14 pp. The shareholder count grew 5% to 173.
- Promoters
- 71.2%
- Public
- 28.9%
Since Jun 2025
- Promoters +1.15 pp
- Public −1.14 pp
How it drifted, 12 quarters
Over this window the public went from 25.7% to 28.9% — +3.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 74.3%, Public 25.7%.Dec '23: Promoters 74.3%, Public 25.7%.Mar '24: Promoters 74.3%, Public 25.7%.Jun '24: Promoters 74.3%, Public 25.7%.Sep '24: Promoters 72.7%, Public 27.3%.Dec '24: Promoters 72.7%, Public 27.3%.Mar '25: Promoters 72.7%, Public 27.3%.Jun '25: Promoters 70.0%, Public 30.0%.Sep '25: Promoters 69.7%, Public 30.3%.Dec '25: Promoters 69.7%, Public 30.3%.Mar '26: Promoters 71.2%, Public 28.9%.Jun '26: Promoters 71.2%, Public 28.9%.
Who is on the register
Named in the Jun 2026 filing
Every holder of VEGA JEWELLERS LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Sudhakar Vanama . | 35.57% | unchanged |
| Naveen Kumar Vanama | 35.57% | unchanged |
| Rama Mohana Rao Bandlamudi | 2.36% | unchanged |
| Chandra Kanth Chereddi | 1.90% | unchanged |
| Chereddi Ramachandra Naidu | 1.81% | unchanged |
| Tulasi Burri . | 1.77% | unchanged |
| Sudha Bandlamudi | 1.62% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse VEGA JEWELLERS LIMITED
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