Khazanchi Jewellers Limited reported a 98.87% increase in profit after tax to ₹89.42 crore for the financial year ended March 31, 2026, compared to ₹44.96 crore in the previous year. Total income for the year rose to ₹2,051.02 crore from ₹1,772.53 crore in FY25, supported by higher value per transaction, an improved product mix, and growing retail footfall. The company’s EBITDA grew 95.50% to ₹126.93 crore, with the EBITDA margin improving by 253 basis points to 6.19%.

The Board of Directors has recommended a final dividend of ₹0.50 per equity share of face value ₹10 each for the year ended March 31, 2026. The record date for determining the entitlement of shareholders for the dividend is fixed as Monday, August 03, 2026. The 31st Annual General Meeting of the company will be held on Monday, August 10, 2026, through video conferencing.

Financial Performance

The company delivered one of its strongest financial years, with total income crossing the ₹2,000 crore mark. The five-year financial trajectory shows a compound annual growth rate (CAGR) of 68% in total income, 96% in EBITDA, and 129% in PAT. Earnings per share (EPS) roughly doubled to ₹36.10 in FY26, while book value per share increased from ₹93.53 to ₹129.63.

Operational Highlights

Retail's share of revenue doubled from 5% in FY25 to 10% in FY26, following the opening of a 10,000 square foot flagship showroom in Chennai on February 07, 2026. The company launched Vajraa Diamonds, a dedicated brand for premium natural diamond jewellery, to enhance its product mix and margins. Wholesale continued to contribute 90% of the revenue, serving over 1,000 clients across India.

The company appointed film actress Ms. Bhagyashri Borse as its brand ambassador to strengthen visibility and support retail expansion. The employee base grew nearly two times to 86 employees during the year, reflecting the pace of expansion.

Strategic Initiatives

The Board has approved the migration of the company's listing from the SME Platform of BSE Limited to the Main Board of BSE Limited and National Stock Exchange of India Limited, subject to regulatory and shareholder approvals. The company has begun preparing for this migration, with eligibility due in August 2026.

Looking ahead, the company targets ₹500 crore in retail sales and plans to launch dedicated platforms for B2B trade and B2C e-commerce. It is also formulating a dedicated silver jewellery strategy to cater to evolving consumer preferences.

[Khazanchi Jewellers Limited](khazanchi jewellers) has fixed August 3, 2026 as the record date to determine shareholder eligibility for dividend payment and voting rights at its upcoming Annual General Meeting (AGM). The company previously approved a dividend of ₹0.50 per equity share, representing a 5% payout on the face value of ₹10 each for the financial year ended March 31, 2026. The dividend will be paid within 30 days from the date of the AGM, subject to shareholder approval.

The 31st AGM is scheduled for August 10, 2026, at 12:00 Noon and will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM). During the meeting, shareholders will vote on the migration of the company's equity shares from the SME Platform of BSE Limited to the main boards of BSE Limited and the National Stock Exchange of India Limited (NSE). This migration proposal is also subject to shareholder approval.

In procedural appointments, the Board appointed M/s. A K Jain & Associates, Practising Company Secretaries, represented by its partner Mr. Balu Sridhar, as the Scrutinizer for conducting the voting process at the AGM. Additionally, the Board approved a revision to the Dividend Distribution Policy of the company, which is available on its official website.

The Board meeting, where these decisions were finalized, commenced at 02:30 PM IST and concluded at 02:51 PM IST on July 13, 2026. The disclosure was made in compliance with Regulation 30 of the SEBI (LODR) Regulations, 2015. Sakshi Jain, Compliance Officer & Company Secretary, signed the regulatory filing.

Key Board Decisions