Darshan Orna Ltd (DARSHANORNA) — shareholding pattern, promoter holding, financials and share price
About Darshan Orna Ltd (DARSHANORNA)
Darshan Orna Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as DARSHANORNA and on the BSE under scrip code 539884. Its ISIN is INE671T01028.
Incorporated in 2011, Darshan Orna Ltd is in the business of gold, silver, and diamond ornaments. [1]
Darshan Orna Limited, founded in 2011, is an SME engaged in the wholesale and trading of gold and silver jewelry and ornaments, starting operations as a wholesaler in Manek Chowk, Ahmedabad.
Positioned in the Gold & Silver Market hub, the company offers a diverse array of jewelleries to cater to traditional, modern, and Indo-Western tastes that reflect regional preferences in India.
Listed peers in Gems, Jewellery And Watches: Goenka Diamond & Jewels Ltd, Shubhlaxmi Jewel Art Ltd, Orosil Smiths India Ltd, S K International Export Ltd, Koura Fine Diamond Jewelry Ltd, York Exports Ltd.
Valuation & Returns
10 Jul 2026At ₹2.25 a share on 10 Jul 2026, Darshan Orna Ltd (DARSHANORNA) was valued at a price-to-earnings ratio of 38.82x against an industry P/E of 50.62x and a price-to-book of 1.15x on a book value of ₹1.96 per share as of Mar 2025. Solomo computes return on equity of 2.96% and return on capital employed of 3.08% from filed results. Earnings ratios use standalone results for the twelve months Mar 2025 to Dec 2025.
- P/E
- 38.82x
- Industry P/E
- 50.62x
- P/B
- 1.15x
- EPS (TTM)
- ₹0.06
- Book value / share
- ₹1.96
- ROE
- 2.96%
- ROCE
- 3.08%
- ROA
- 2.14%
- Debt / equity
- 0.32x
- Dividend yield
- 0%
- EBITDA margin
- 1.47%
- 52-week range
- ₹2.03 – ₹3.61
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2025In the year ended Mar 2025, Darshan Orna Ltd (DARSHANORNA) reported revenue of ₹21.69 crore, net profit of ₹0.47 crore and earnings per share of ₹0.05. That compares with revenue of ₹20.87 crore and net profit of ₹2.67 crore in Mar 2024. Figures are standalone, as filed with the exchanges.
In the quarter ended Dec 2025, revenue was ₹25.07 crore and net profit ₹0.09 crore (standalone).
| Metric | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 6.02 | 13.1 | 13.82 | 20.87 | 21.69 |
| Net profit (₹ cr) | 1.84 | 0.79 | 0.06 | 2.67 | 0.47 |
| EPS (₹) | 0.18 | 0.08 | 0.01 | 0.27 | 0.05 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.96% | 3.63% | 18.30% | 3.93% |
| Profit growth | 66.64% | - | -16.07% | -82.40% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 34.17% of Darshan Orna Ltd (DARSHANORNA) (unchanged from the previous quarter). Market capitalisation was ₹23 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2016.
Largest disclosed public shareholders in Jun 2026: VIVID MERCANTILE LIMITED 18.68%, VEERAM VENDORS PRIVATE LIMITED 11.08%, PRIHA GOLD ORNAMENTS PRIVATE LIMITED 4.97%, VEERAM BARTER PRIVATE LIMITED 3.66%, YASH BANSAL 1.18%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 34.17% | - | - | - | 65.83% |
| Mar 2026 | 34.17% | - | - | - | 65.83% |
| Dec 2025 | 34.17% | - | - | - | 65.83% |
| Sep 2025 | 30.4% | - | - | - | 69.6% |
| Jun 2025 | 30.4% | - | - | - | 69.6% |
| Mar 2025 | 30.4% | - | - | - | 69.6% |
| Dec 2024 | 30.4% | - | - | - | 69.6% |
| Sep 2024 | 41.69% | - | - | - | 58.31% |