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Khazanchi Jewellers has onboarded Malabar Gold & Diamonds, one of the world's largest jewellery retailers, as a client in its institutional (B2B) business. Malabar operates 400+ outlets across 13 countries and reports an annual turnover of USD 7.5 billion. The company says this partnership will boost production utilisation, improve revenue visibility, and strengthen its position in the B2B jewellery supply segment. Khazanchi's Chairman described the move as a 'transformational moment' that validates its design and manufacturing capabilities. For context, Khazanchi reported FY25 total revenue of ₹1,772.53 crore, EBITDA of ₹64.92 crore, and profit after tax of ₹44.92 crore.
This is a positive development for shareholders — adding a globally reputed institutional client like Malabar could drive meaningful volume growth and improve plant utilisation. However, the press release does not disclose any specific order value or revenue commitment, so the actual financial impact remains to be seen.