Q4 FY26 Earnings Call Transcript Filed; EBITDA Margins Expand 233 bps to 14.44%

Mgmt Guided Margin ImprovementMgmt Evaded Key QuestionInvestor Communications View source PDF

RBZJEWEL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

-1.3%1-day move

₹125.00

prior close

₹124.35

base price

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AI summary

RBZ Jewellers filed its Q4 FY26 earnings call transcript. Q4 revenue rose 38% YoY to INR190 cr; EBITDA up 46% to INR21 cr with margins at 11.19% (+63 bps). PAT grew 36% to INR12 cr. FY26 revenue stood at INR637 cr (+20%), EBITDA at INR92 cr (+43%) with margins at 14.44% (+233 bps), PAT at INR55 cr (+41%). Q4 retail +31%, wholesale +57%. Plans to open Surat and Rajkot stores by Q2 FY27, plus 2 more mid-format stores. Inventory at INR336 cr. Management declined FY27 guidance citing uncertainty from recent gold duty hike and PM's advisory against gold buying.

Likely market impact

Strong FY26 print with double-digit margin expansion. Near-term demand uncertainty from gold duty hike; store expansion is a positive. No FY27 guidance.