| Revenue growth | FY26 revenue rose 15.7% YoY to ₹2051.02 crore. |
|---|---|
| Margins | EBITDA margin up 253bps to 6.19% due to retail mix. |
| Demand visibility | Strong outlook backed by cultural gold demand and wedding season. |
| Management confidence | High confidence based on successful retail scaling and five-decade legacy. |
Growth
Revenue grew 15.71% to ₹2051cr, while EBITDA margins expanded 253bps to 6.19% through retail premiumization.
Outlook
Management maintains a 25-30% growth trajectory, aiming for 25% retail share within two years.
Risks
Gold price volatility and government requests to curb imports pose temporary demand and cost risks.
Last quarter's promises, checked
Delivered
- Guided 30% growth → delivered 34.04% 9M revenue growth (= BEAT)
- Guided 10% to 25% retail contribution → delivered successful 10,000 sq ft flagship launch (= BEAT)
- Guided 6% EBITDA margin → delivered 6.19% (= BEAT)
Partly delivered
- Guided 30% growth for all verticals → overall revenue growth 15.7% for FY26 (= PARTIAL)
Earnings Call filed with BSE, BSE: 543953. Summary written with AI assistance from the document.
Khazanchi Jewellers Ltd: key numbers
- Share price
- ₹713.50
- Market cap
- ₹1,766 Cr
- Revenue (annual)
- ₹2,049 Cr
- Net profit (annual)
- ₹89.42 Cr
- P/E (TTM)
- 19.8×Sector 48.2×
- Promoter holding
- 74.51%+0.00% QoQ
- FII holding
- 0.00%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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