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Investor Presentation

Bluestone Jewellery and Lifestyle Investor Presentation: Key Takeaways

BlueStone reports Q1 FY27 revenue growth of 49% YoY to INR 733 Cr, with pre-Ind AS EBITDA rising 135% to INR 55 Cr, driven by strong operating leverage and 39% SSSG.

Guidance and delivery
Management target Revenue FY31
Highlights
Revenue growth49% YoY growth reported for Q1 FY27.
MarginsOperating EBITDA margin expanded to 7.5% from 4.8% YoY.
Demand visibilityEncouraging consistency; normalization observed through June and July.
Management confidenceHigh; citing visible operating leverage and robust design-led demand.

Growth

Revenue up 49% YoY; pre-Ind AS EBITDA grew 135% with margins expanding 273 bps to 7.5%.

Outlook

Targeting INR 12,000 Cr revenue in 4 years with 15% EBITDA margins and 20% annual store expansion.

Risks

Gold price volatility impact on merchandise pricing; demand softening observed post-custom duty hikes in May.

Last quarter's promises, checked

Delivered

  • Guided 20% annual store growth → delivered 21% (352 vs 290 stores) (= BEAT)
  • Guided front-loaded ESOP charge → delivered INR 93 Cr as planned (= BEAT)
  • Guided focus on entry-level recalibration → delivered revenue growth of 49% (= BEAT)

Partly delivered

  • Guided 60-65% studded mix → delivered 57% (= PARTIAL)

Missed

  • Guided 290 new stores over FY26-27 → delivered 65 in FY26 (= MISS)
Source

Investor Presentation 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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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.