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Earnings Call

Khazanchi Jewellers Earnings Call: Key Takeaways

Khazanchi Jewellers Ltd reports strong FY26 growth, transitioning from B2B wholesale focus to high-margin B2C retail with a new 10,000 sq. ft. flagship showroom in Chennai.

Why this was an Alfa AlertManagement delivered FY26 PAT of ₹89.42 Cr vs FY25 PAT of ₹44.96 Cr, representing 98.87% YoY growth, significantly exceeding the 50% threshold for primary metric growth.
Highlights
Revenue growth15.71% YoY for FY26; CAGR 67.9% (FY22-FY26).
MarginsEBITDA margin improved; PAT margin nearly doubled YoY.
Demand visibilityStrong, driven by wedding/festive segments and new retail presence.
Management confidenceHigh; pivoting to scalable corporate model and retail expansion.

Growth

FY26 Revenue grew 15.7% to ₹2,051 Cr; PAT surged 98.9% to ₹89.4 Cr. EBITDA margins expanded significantly.

Outlook

Targets 25% retail contribution (up from 10%); focus on high-value 'Vajraa' diamonds and South India expansion.

Risks

Gold price volatility, high competitive intensity in retail, and heavy geographic concentration in Tamil Nadu.

Source

Earnings Call filed with BSE, BSE: 543953. Summary written with AI assistance from the document.

Read the document ↗

Khazanchi Jewellers Ltd: key numbers

Share price
₹727.00
Market cap
₹1,799 Cr
Revenue (annual)
₹2,049 Cr
Net profit (annual)
₹89.42 Cr
P/E (TTM)
20.1×Sector 55.7×
Promoter holding
74.51%+0.00% QoQ
FII holding
0.02%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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