| Management target | Revenue 30.0% FY30 |
|---|
| Revenue growth | 49% YoY growth to 730 Cr driven by repeat customer loyalty. |
|---|---|
| Margins | EBITDA margins expanded 273 bps to 7.5% via operating leverage. |
| Demand visibility | Strong recovery in June/July after May's gold import duty hike shock. |
| Management confidence | Balanced; optimistic on technology-led retail but defensive regarding customer acquisition metrics. |
Growth
Revenue grew 49% YoY to 730 Cr; EBITDA rose 135% as operating leverage became visible.
Outlook
Targeting 12,000 Cr revenue in 4 years with 15% EBITDA margins and 20% distribution growth.
Risks
New customer additions dropped from 50k to 40k per quarter; inventory levels remain high at 2800 Cr.
Last quarter's promises, checked
Delivered
- Guided 20% distribution growth → delivered 20% (= BEAT)
- Guided SSSG recovery post-Q3 → delivered 34% (= BEAT)
- Guided ESOP charge front-loading → delivered 93 Cr charge (= BEAT)
Partly delivered
- Guided inventory efficiency return → delivered 1.13x turns vs 1.3x (= PARTIAL)
Missed
- Guided 290 new stores over FY26-27 → delivered 65 in FY26 (= MISS)
Earnings Call Transcript filed with NSE, 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.
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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.