| Management target | Revenue FY31 |
|---|
| Revenue growth | 49% YoY growth reported for Q1 FY27. |
|---|---|
| Margins | Operating EBITDA margin expanded to 7.5% from 4.8% YoY. |
| Demand visibility | Encouraging consistency; normalization observed through June and July. |
| Management confidence | High; 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)
Investor Presentation 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
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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.