Khazanchi Jewellers uploads Q1FY27 earnings call audio recording

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Reviewed by
Shriram SScanX News Team
Key Highlights
  • Khazanchi Jewellers uploaded the Q1FY27 earnings call audio on August 25, 2026
  • Chairman Rajesh Mehta and CFO Vikas Mehta led the discussion on quarterly results
  • Disclosure made under SEBI LODR Regulations 30 and 46(2)(oa)
  • Company confirmed no unpublished price-sensitive information was shared
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*this image is generated using AI for illustrative purposes only.

Khazanchi Jewellers Limited ( Khazanchi Jewellers ) has made the audio recording of its first-quarter fiscal year 2027 (Q1FY27) earnings call available to investors. The conference call was held on Tuesday, August 25, 2026.

The company disclosed the availability of the recording pursuant to Regulation 30 and Regulation 46(2)(oa) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to BSE Limited on August 25, 2026.

Call Details

The earnings call provided an overview of the financial performance for the quarter ended June 30, 2026. Key management members who attended the meeting included:

  • Rajesh Mehta, Chairman & Joint Managing Director
  • Vikas Mehta, Chief Financial Officer

The event was hosted by Kirin Advisors. The audio recording is accessible via the company’s official website.

Regulatory Disclosure

Sakshi Jain, Compliance Officer & Company Secretary of Khazanchi Jewellers Limited, certified the disclosure. The company confirmed that no unpublished price-sensitive information was shared or discussed during the call.

The announcement referenced the earlier intimation issued on August 19, 2026, regarding the schedule for the investor conference call. Investors were previously advised that certain statements made during the call may constitute forward-looking statements subject to risks and uncertainties.

Contact Information

For further details regarding the earnings call or the recording, investors may contact Kirin Advisors at +91 22 4100 2455 or via email at research@kirinadvisors.com .

Historical Stock Returns for Khazanchi Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%-3.14%-7.78%+3.47%+25.55%+393.64%

How might Khazanchi Jewellers' Q1FY27 financial performance influence its valuation multiples compared to other listed jewelry retailers in India?

What specific growth strategies or operational improvements did management highlight during the call that could drive revenue in the upcoming quarters?

Given the current gold price volatility, how is the company adjusting its inventory management and hedging policies for the remainder of FY27?

Khazanchi Jewellers Q1 EBITDA rises 86% YoY to ₹393M

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Reviewed by
Shriram SScanX News Team
Key Highlights

Khazanchi Jewellers delivered strong Q1FY27 results with EBITDA jumping 86% YoY to ₹393M and net profit rising 84% to ₹278.25L. Revenue grew 45% to ₹5,857.18L as operating margins expanded from 5.22% to 6.72%.

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Khazanchi Jewellers Limited reported an EBITDA of ₹393 million for the quarter ended June 30, 2026, marking an 86% increase from ₹211 million in the corresponding period of FY25. The EBITDA margin expanded to 6.72%, up from 5.22% year-on-year. Revenue from operations climbed 45% to ₹5,857.18 lakh (approximately ₹5.86 billion), while net profit rose 84% to ₹278.25 lakh, compared to ₹151.50 lakh in Q1FY25.

The Board of Directors approved the unaudited financial results on August 13, 2026. The statutory auditors, PSDY & Associates, issued a limited review report confirming that the financial statements comply with Ind AS 34 and SEBI LODR regulations.

Financial Performance

Revenue from operations stood at ₹5,857.18 lakh for Q1FY27, compared to ₹5,078.54 lakh in Q4FY26 and ₹4,037.45 lakh in Q1FY25. Total income, including other income of ₹6.41 lakh, reached ₹5,863.58 lakh.

Total expenses were recorded at ₹5,492.84 lakh. This includes purchases of stock-in-trade amounting to ₹6,021.97 lakh, partially offset by a decrease in inventories of ₹581.59 lakh. Employee benefits expense rose to ₹11.65 lakh from ₹8.43 lakh in the previous quarter. Finance costs decreased slightly to ₹23.26 lakh from ₹25.49 lakh.

Profit before tax was ₹370.75 lakh, up from ₹349.87 lakh in Q4FY26 and ₹202.03 lakh in Q1FY25. After accounting for total tax expenses of ₹92.49 lakh, the net profit before other comprehensive income stood at ₹278.25 lakh.

Metric: Q1FY27 (₹ Lakh) Q4FY26 (₹ Lakh) Q1FY25 (₹ Lakh)
Revenue from operations: 5,857.18 5,078.54 4,037.45
Total Income: 5,863.58 5,090.01 4,038.35
Total Expenses: 5,492.84 4,740.14 3,836.32
Profit Before Tax: 370.75 349.87 202.03
Net Profit: 278.25 255.94 151.50

Balance Sheet Highlights

As of June 30, 2026, total assets increased to ₹5,256.43 lakh from ₹4,655.21 lakh at the end of March 2026. Current assets dominated the balance sheet, totaling ₹4,998.91 lakh, primarily driven by inventories which rose 14% quarter-on-quarter to ₹4,659.35 lakh.

Trade receivables increased to ₹297.64 lakh from ₹221.96 lakh. Cash and cash equivalents declined to ₹27.76 lakh from ₹35.13 lakh.

On the liabilities side, total borrowings remained stable at ₹1,113.81 lakh under current liabilities. Trade payables (creditors other than MSEs) more than doubled to ₹536.00 lakh from ₹273.54 lakh. Total equity rose to ₹3,471.82 lakh, supported by retained earnings within other equity.

What the Numbers Show

The expansion in EBITDA margin from 5.22% to 6.72% indicates improved operating leverage alongside the 45% revenue growth. Simultaneously, the surge in trade payables to ₹536.00 lakh, compared to ₹273.54 lakh in the previous quarter, coincides with the 14% increase in inventory levels. This suggests the company is stocking up ahead of peak demand periods, financing this build-up largely through supplier credit rather than immediate cash outflows or increased borrowings, which remained flat at ₹1,113.81 lakh.

Historical Stock Returns for Khazanchi Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.36%-3.14%-7.78%+3.47%+25.55%+393.64%
Disclaimer: This article is AI-generated using data from LiveSquawk. ScanX is not liable for any inaccuracies.

How will the significant 14% quarter-on-quarter inventory buildup impact cash flow efficiency and working capital requirements during the upcoming festive season?

Given the doubling of trade payables, what is the company's strategy for managing supplier relationships and potential credit terms renegotiation in the near term?

Will the current EBITDA margin expansion of 6.72% be sustainable as gold prices fluctuate, or does it rely heavily on temporary operational leverage?

More News on Khazanchi Jewellers

1 Year Returns:+25.55%