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Earnings Call Transcript

PNGS Reva Diamond Jewellery Earnings Call Transcript: Key Takeaways

PNGS Reva delivered robust Q1 FY27 results with revenue growth of 119.5% and PAT growth of 265%. Strategy focuses on expanding COCO stores and improving digital presence.

Guidance and delivery
Management target Revenue FY27
Highlights
Revenue growth119.5% YoY growth in Q1 FY27.
MarginsEBITDA margin 28.76%; PAT margin 23.06% despite upcoming marketing spends.
Order bookAverage order value remains stable around INR 1 lakh.
Demand visibilityStrong traction in natural diamond jewellery; shift from plain gold observed.
Management confidenceHigh; management aims to under-promise and over-perform on targets.

Growth

Revenue reached INR118 crores (+119.5% YoY), EBITDA at INR33.92 crores (+192.8% YoY), and PAT at INR27.21 crores.

Outlook

Targeting 15 new COCO stores using IPO proceeds; e-commerce launch by end of August 2026; H2 traditionally stronger.

Risks

Seasonal marketing spend in H2 may impact margins; dependency on SIS stores remains high at 95%.

Last quarter's promises, checked

Delivered

  • SSG 40% (FY26) → delivered 50% (Q1 FY27) (= BEAT)
  • EBITDA margin 22% (FY26) → delivered 28.76% (Q1 FY27) (= BEAT)
  • Revenue growth ~70% (FY26) → delivered 119.5% (Q1 FY27) (= BEAT)

Partly delivered

  • Plan 15 new stores in 24 months → 1 established, others in progress (= PARTIAL)
Source

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

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PNGS Reva Diamond Jewellery Ltd: key numbers

Share price
₹524.85
Market cap
₹1,664 Cr
Revenue (annual)
₹439.0 Cr
Net profit (annual)
₹64.66 Cr
P/E (TTM)
19.7×Sector 55.7×
Promoter holding
64.77%+1.68% QoQ
FII holding
4.43%Current quarter

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

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Value
₹280.0 Cr