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Earnings Call

Bluestone Jewellery and Lifestyle Earnings Call: Key Takeaways

BlueStone reported robust Q4 FY26 results with 49% YoY retail sales growth and revenue of INR 6,877mn. Operating margins improved significantly to 7.4% due to omni-channel leverage.

Highlights
Revenue growth49% YoY retail sales growth in Q4 FY26.
MarginsOperating margin rose 537bps YoY to 7.4% in Q4.
Demand visibilityResilient consumer demand at preferred price points.
Management confidenceHigh confidence in omni-channel model and store productivity.

Growth

FY26 revenue grew 37.9% YoY to INR 24,412mn; Pre-IndAS EBITDA surged 949% to INR 1,806mn.

Outlook

Focus on entry-level portfolio redesign and expanding store density beyond metros; ESOP charges expected to decline from FY27.

Risks

Gold price volatility causing merchandise dislocation; high front-loaded ESOP expenses impacting reported PAT.

Source

Earnings Call filed with BSE, NSE: BLUESTONE. Summary written with AI assistance from the document.

Read the document ↗

Bluestone Jewellery and Lifestyle Ltd: key numbers

Share price
₹786.20
Market cap
₹12,011 Cr
Revenue (annual)
₹2,436 Cr
Net profit (annual)
₹14.84 Cr
P/E (TTM)
213.3×Sector 54.5×
Promoter holding
16.25%-0.02% QoQ
FII holding
34.69%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Bluestone Jewellery and Lifestyle Other Announcement

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