BSEManoj Jewellers LtdMediumNeutral
Announced Mon, 1 Dec · 16:49 IST

Announcement under Regulation 30 of SEBI (LODR) - Investor Presentation of Business Performance of the Company.

Analyst Day Multiyear TargetsInvestor Communications View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Manoj Jewellers filed an investor presentation highlighting a strong H1 FY26, with operating revenue rising 179% YoY to ₹6,914 lakh, driven by the wholesale business and supportive gold prices. EBITDA grew to ₹817 lakh and PAT jumped 150% to ₹565 lakh, though the EBITDA margin contracted from 16.57% to 11.82% as the wholesale mix expanded. Borrowings fell nearly 77% YoY to about ₹443 lakh, reflecting stronger cash flows. Management has outlined segment-level margin targets (~2% wholesale, 6–8% retail, 50%+ silver) and guided for a 25–30% revenue CAGR over the next three years, supported by retail and e-commerce expansion.

Likely market impact

Sets clear multi-year growth and margin targets for the market but flags near-term margin compression as wholesale dominates the mix. Investors will track the shift toward higher-margin retail and silver jewellery to see if margins recover as the company scales.