| Revenue guidance | 25.0% → 30.0% Raised by 5.0 percentage points |
|---|---|
| Management target | Revenue 30.0% FY27 |
| Revenue growth | 45% YoY to ₹586.36 Cr, driven by B2B and retail scale. |
|---|---|
| Margins | EBITDA margins improved 158 bps to 6.82% via retail mix shift. |
| Order book | B2B orders active; retail demand matching target run rates of ₹35cr/month. |
| Demand visibility | Strong outlook for upcoming festive and wedding seasons despite price volatility. |
| Management confidence | Highly optimistic, emphasizing successful three-year growth journey and main-board migration. |
Growth
Revenue grew 45% YoY to ₹586.36 Cr, with PAT increasing 84% due to favorable operating leverage.
Outlook
Management targets ₹5,000 Cr revenue by 2030 with a 40% retail contribution share.
Risks
Rising gold prices could temporarily dampen demand; retail expansion requires significant working capital and inventory funding.
Last quarter's promises, checked
Delivered
- Guided 25-30% Revenue Growth → Delivered 45% YoY (= BEAT)
- Guided 10-12% Retail Margin → Delivered 11.6% implied via mix (= BEAT)
- Guided ₹450-500 Cr Flagship Revenue → Delivered run-rate of ₹420-450 Cr (= BEAT)
Partly delivered
- Guided 25% Retail Sales Mix → Delivered increasing but currently below target (= PARTIAL)
Earnings Call Transcript 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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