| Revenue growth | 49% YoY in Q1 FY27 standalone revenue. |
|---|---|
| Margins | Reported EBITDA margin improved 354bps YoY to 15.0%. |
| Demand visibility | High repeat revenue ratio of 59.7% in Q1 FY27. |
Growth
Standalone revenue grew 48.8% YoY; Reported EBITDA surged 94.8% YoY to INR 1,102 mn.
Outlook
Focus on omnichannel expansion via deeper city penetration and new-format larger stores; targeting non-wedding jewelry segments.
Risks
High sensitivity to gold price volatility and duty increases; intense competition from traditional and digital-first players.
Last quarter's promises, checked
Delivered
- Guided homogeneous SSG trends → delivered 34% SSG in Q4 (= BEAT)
- Targeted 20% annual distribution growth → added 65 stores/24% growth in FY26 (= BEAT)
- Guided ESOP cost reduction from INR 93cr → delivered drop to INR 58cr (= BEAT)
Partly delivered
- Guided A&P spend floor at 6% → delivered 6% but down from 12% (= PARTIAL)
Missed
- RHP target of 290 new stores over FY26-27 → delivered only 65 in FY26 (= MISS)
Earnings Call filed with BSE, NSE: BLUESTONE. Summary written with AI assistance from the document.
Bluestone Jewellery and Lifestyle Ltd: key numbers
- Share price
- ₹775.65
- Market cap
- ₹11,858 Cr
- Revenue (annual)
- ₹2,436 Cr
- Net profit (annual)
- ₹14.84 Cr
- P/E (TTM)
- 113.1×Sector 48.2×
- Promoter holding
- 16.21%-0.04% QoQ
- FII holding
- 34.18%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Bluestone Jewellery and Lifestyle Ltd
All →Bluestone Jewellery and Lifestyle Business Update
BlueStone Jewellery reported provisional 45% YoY business growth for October 1 to November 8, 2026 (Q3 FY27 quarter-to-date), driven by buyer transactions. Figures are unaudited business numbers, not financial results.
Bluestone Jewellery and Lifestyle Legal & Regulatory
BlueStone paid a Rs 4,000 plus GST exchange fine for a two-day-late Q1 shareholding pattern filing. The board noted the inadvertent lapse and the company has put corrective controls in place.
Bluestone Jewellery and Lifestyle Earnings Call Transcript: Key Takeaways
BlueStone delivered strong revenue growth and consistent profitability, crossing 1 million customers.
Bluestone Jewellery and Lifestyle Investor Presentation: Key Takeaways
BlueStone (India's second-largest 'digital first' omnichannel jeweler) reported strong Q2 FY27 performance with revenue up 43.9% YoY. Strategy focuses on high-margin non-wedding jewelry and aggressive store expansion.
Bluestone Jewellery and Lifestyle Debt & Borrowing: ₹300 Cr
BlueStone Jewellery and Lifestyle Limited received board approval to raise up to ₹300 Crore through the issuance of non-convertible debentures on a private placement basis.
- Value
- ₹300.0 Cr
Bluestone Jewellery and Lifestyle Results Update
BlueStone's Q2 FY27 revenue grew 43.9% YoY to ₹738.1 Crore, with Adjusted PAT of ₹19.6 Crore. The company added 27 stores, reaching 379 total stores.