Rbz Jewellers Limited has informed the Exchange about Transcript
RBZJEWEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RBZ Jewellers reported Q1 FY26 revenue from operations declining 8% year-on-year, mainly due to absence of major festivals/weddings in the quarter and preponement of Akshaya Tritiya demand into Q4 FY25. EBITDA stood at INR 13 crores (down 8% YoY) but margins improved marginally by 9 basis points to 17.2%. PAT was INR 7 crores with 9.39% margins. Segmentally, retail revenue was INR 45 crores (slightly up), wholesale declined 20% to INR 29 crores, while job work grew 8%. Management maintained full-year FY26 guidance of INR 700 crores revenue and INR 45 crores PAT, with FY27 targets of INR 1,000 crores revenue and INR 55 crores PAT. The company plans to expand retail presence with showrooms in Surat and Rajkot (by Q4 FY26/Q1 FY27) and eventually Baroda, targeting INR 1,000+ crores revenue once all four Gujarat stores are operational.
Despite a soft Q1, management has reiterated confidence in meeting FY26 guidance driven by strong advance order bookings from the IIJS exhibition and expected festive/wedding season demand in Q2. The retail expansion roadmap (4 stores in Gujarat) supports long-term growth, though near-term margins may see some pressure from marketing expenses for new stores. Stock could see positive sentiment as guidance is maintained, but execution of showroom launches remains key to watch.