Sunraj Diamond Exports posts Rs 28.65 lakh operating cash outflow

Sunraj Diamond Exports Limited reported Rs 28.65 lakh of net cash used in operating activities for the half year ended 30 September 2026, reversing Rs 89.23 lakh generated a year earlier. Sunraj Diamond Exports ended the period with Rs 2.46 lakh in cash and disclosed Rs 8.27 crore of receivables aged beyond three years.

How did Sunraj Diamond Exports' operating cash flow change?

Sunraj Diamond Exports' operating cash flow changed from an Rs 89.23 lakh inflow in the half year ended 30 September 2025 to an Rs 28.65 lakh outflow in the half year ended 30 September 2026. Direct taxes paid, net of refunds, were nil in the latest period, leaving net cash from operating activities at the same Rs 28.65 lakh outflow.

The operating result before working-capital changes was a Rs 15.19 lakh loss in the latest half year, compared with Rs 0.73 lakh of profit a year earlier. The cash-flow statement, prepared under the indirect method prescribed by Indian Accounting Standard 7, lists Rs 31.43 lakh for trade receivables, Rs 11.20 lakh for financial assets and inventories, Rs 6 lakh for other assets, and Rs 50.09 lakh for trade and other payables.

What do Sunraj Diamond Exports' receivable ageing figures show?

Sunraj Diamond Exports disclosed Rs 8.27 crore of trade receivables aged more than three years at 30 September 2026, compared with Rs 8.47 crore at 31 March 2026. The same ageing schedule lists Rs 1.08 lakh due in less than six months and Rs 27.14 lakh due between one and two years at 30 September 2026.

Total trade receivables were Rs 16.35 crore at 30 September 2026, down from Rs 17.32 crore at the preceding accounting year-end. The decrease in the reported total receivable balance coincided with the Rs 28.65 lakh operating cash outflow, rather than a positive operating cash-flow result.

The filing does not give collection dates, customer names, expected credit-loss provisions or a recovery plan for the more-than-three-years category. Sunraj Diamond Exports identifies trading and manufacturing in gems and precious metals as its business, and says segment reporting under Indian Accounting Standard 108 does not apply.

How old are Sunraj Diamond Exports' trade payables?

Sunraj Diamond Exports reported Rs 8.51 crore of trade payables beyond three years at 30 September 2026, compared with Rs 3.36 lakh in the comparative balance-sheet column. Total trade payables declined to Rs 14.97 crore from Rs 15.94 crore over the same comparison.

The latest payable ageing schedule also records Rs 1.80 lakh due in less than one year, Rs 1.74 lakh due between one and two years, and Rs 3.46 lakh due between two and three years. The balance sheet presents the payable disclosure with categories for micro and small enterprises and other parties, but the filing does not provide separately readable totals for both classifications.

The cash-flow statement reports a Rs 50.09 lakh change in trade and other payables in the half year ended 30 September 2026. Sunraj Diamond Exports does not explain the reason for the movement in the ageing profile, identify settlement arrangements, or state when balances aged beyond three years will be paid.

What was Sunraj Diamond Exports' cash position and financing flow?

Sunraj Diamond Exports ended 30 September 2026 with Rs 2.46 lakh in cash and cash equivalents, made up of Rs 0.81 lakh in current-account bank balances and Rs 1.65 lakh of cash on hand. The cash-flow statement records a Rs 0.07 lakh net increase in cash during the latest half year, from Rs 2.39 lakh at its beginning.

Financing activities generated Rs 28.72 lakh in the latest half year, compared with Rs 82.53 lakh used in the corresponding 2025 period. The latest financing movement comprised Rs 29 lakh in net borrowings, offset by Rs 0.28 lakh of finance cost; no investing cash flow was reported in either half-year column.

The 30 September 2026 balance sheet reports no non-current borrowings, total assets of Rs 25.17 crore and total equity of Rs 1.59 crore. Equity share capital was unchanged at Rs 5.33 crore, while other equity was negative Rs 3.74 crore, compared with negative Rs 3.63 crore at 31 March 2026.

How did Sunraj Diamond Exports' half-year result compare with last year?

Sunraj Diamond Exports recorded a standalone net loss of Rs 14.85 lakh for the half year ended 30 September 2026, against a Rs 1.50 lakh net profit in the corresponding 2025 half year. Revenue from operations fell to Rs 88.60 lakh from Rs 90.71 lakh, while total expenses decreased to Rs 1.03 crore from Rs 1.15 crore.

Loss before tax was Rs 14.76 lakh, compared with profit before tax of Rs 1.66 lakh a year earlier. Purchases of stock-in-trade decreased to Rs 68.85 lakh from Rs 1.12 crore, while the inventory movement was an Rs 11.20 lakh expense after a Rs 24.60 lakh reduction in the previous period.

Finance costs fell to Rs 0.28 lakh from Rs 1.02 lakh and depreciation and amortisation declined to Rs 0.82 lakh from Rs 0.88 lakh. The board approved the unaudited standalone and consolidated results on 5 November 2026, and the standalone reviewer reported that nothing had come to its attention indicating a material misstatement, while noting that a review is not an audit.

Conclusion

Sunraj Diamond Exports' September 2026 half-year statement combines an Rs 28.65 lakh operating cash outflow and an Rs 14.85 lakh standalone loss with only Rs 2.46 lakh of closing cash. The balance sheet also records substantial aged balances, including Rs 8.27 crore of receivables and Rs 8.51 crore of payables beyond three years.

The next financial results can show whether the aged receivable and payable balances are collected, settled, reclassified or remain outstanding. They can also show whether operating cash flow moves from the September 2026 outflow and whether net borrowing, which contributed Rs 29 lakh in the half year, continues to support cash movements.