ALFA Finder India's fastest NSE & BSE filing alerts on Telegram, filtered to the stocks you hold Telegram alerts alfafinder.com →
Thursday, 12 November 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Bluestone Jewellery and Lifestyle Earnings Call Transcript: Key Takeaways

BlueStone reports stellar 49% revenue growth and significant EBITDA expansion, successfully navigating a custom duty hike on gold.

Guidance and delivery
Management target Revenue 50.0% FY30
Highlights
Revenue growth₹730 Cr, 49% YoY growth, driven by omnichannel demand.
MarginsOperating margin expanded 273 bps to 7.5% on cost control.
Demand visibilityStrong; normalization in June after May’s duty-linked softening.
Management confidenceConfident, highlighting tech-driven differentiation and resilient everyday-wear demand.

Growth

Strong Q1 revenue growth of 49% YoY to ₹730 Cr, with EBITDA up 135% to ₹55 Cr.

Outlook

Aims for ₹12,000 Cr revenue in four years, implying ~50% CAGR through store expansion and 30% SSSG.

Risks

Gold price volatility and potential demand softening post-duty hike remain key execution risks.

Last quarter's promises, checked

Delivered

  • Guided 30% SSSG → delivered 39% (= BEAT)
  • Guided 50% revenue CAGR → delivered 49% (= BEAT)
  • Guided 6.9% marketing spend → delivered 6.9% (= BEAT)

Partly delivered

  • Guided 20% distribution growth → delivered 25.5% area expansion but softer store additions (= PARTIAL)

Missed

  • Guided 50,000 new quarterly customers → delivered 40,000 (= MISS)
Source

Earnings Call Transcript filed with NSE, NSE: BLUESTONE. Summary written with AI assistance from the document.

Read 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 →