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Earnings Call

Bluestone Jewellery and Lifestyle Earnings Call: Key Takeaways

BlueStone (544484) Investor Day 2026 presentation highlights an omnichannel jewellery model with a 47% 3-year revenue CAGR and 34% SSSG in Q4 FY26.

Why this was an Alfa AlertNot a filter event. Reported 47% CAGR is historical; no explicit single-year YoY guidance >50% provided.
Highlights
Revenue growth~47% 3-year CAGR; 34% SSSG in Q4 FY26.
MarginsHolding design value despite rising gold prices.
Demand visibilityHigh; luxury market shifting to 40% personal luxury.

Growth

Reported ~47% 3-year revenue CAGR and ~34% same-store sales growth for Q4 FY26.

Outlook

Targeting 20% footprint expansion over five years; typical operational break-even within 3-4 months per store.

Risks

Structural shift from unorganised to organised market; rising gold prices impacting design value perceptions.

Last quarter's promises, checked

Delivered

  • Guided 20% annual distribution growth → delivered 20% footprint expansion (= BEAT)
  • Guided 30% SSG (FY20 benchmark) → delivered 34% SSG in Q4 FY26 (= BEAT)
  • Guided 60% studded mix → delivered 55-60% exit rate (= BEAT)

Partly delivered

  • Guided front-loaded ESOP charge reduction → delivered drop from 93cr to 58cr (= PARTIAL)

Missed

  • Guided 290 store additions over FY26-27 → delivered 65 in FY26 (= MISS)
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
₹809.30
Market cap
₹12,364 Cr
Revenue (annual)
₹2,436 Cr
Net profit (annual)
₹14.84 Cr
P/E (TTM)
219.6×Sector 55.7×
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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10:52 IST BSE
Capital Structure Change

Bluestone Jewellery and Lifestyle Capital Structure Change

Accel India III (Mauritius) Ltd sold 28,00,000 equity shares of BlueStone Jewellery and Lifestyle Ltd. This open-market transaction reduced the seller's stake from 8.08% to 5.58%.

13:17 IST BSE
Capital Structure Change

Bluestone Jewellery and Lifestyle Capital Structure Change

Designated person Harshit Kulin Desai sold 12,570 shares of BlueStone Jewellery and Lifestyle Ltd for ₹1.08 Crore.

Value
₹1.08 Cr
13:13 IST BSE
Management Change

Bluestone Jewellery and Lifestyle Management Change

BlueStone appointed Mr. Amit Jain as Non-Executive Non-Independent Director w.e.f. Sept 14, 2026. Mr. Sameer Nath retired by rotation at the 15th AGM.

18:21 IST BSE
Annual General Meeting

Bluestone Jewellery and Lifestyle Annual General Meeting

BlueStone Jewellery and Lifestyle Limited held its 15th Annual General Meeting on September 14, 2026, via video conferencing. The meeting addressed financial statements and director appointments.

16:11 IST BSE
Other Announcement

Bluestone Jewellery and Lifestyle Other Announcement

Designated person Jayesh Saraf sold 353 equity shares of BlueStone Jewellery and Lifestyle Ltd in the open market, amounting to ₹0.03 Crore.

Value
₹0.03 Cr
17:08 IST BSE
Share Pledge

Bluestone Jewellery and Lifestyle Share Pledge

KMP Rumit Dugar disclosed the pledge of 46,490 equity shares of BlueStone Jewellery and Lifestyle Ltd in an insider trading disclosure.