Khazanchi Jewellers Limited will participate in a virtual investor conference on September 25, 2026. The management will engage with analysts and investors during the Arihant Bharat Connect Conference: Rising Stars 2026.

The meeting is scheduled for Friday, September 25, 2026, at 11:00 am IST. This participation is disclosed pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Conference Details

The company has filed an intimation with the BSE regarding its participation in the upcoming investor conference. The details of the event are as follows:

Disclosure Guidelines

The company noted that discussions with investors and analysts will be based solely on generally available information. The management confirmed that no unpublished price sensitive information (UPSI) will be shared during the session.

The schedule remains subject to change due to exigencies on the part of analysts, investors, or the company. Sakshi Jain, Company Secretary and Compliance Officer, signed the disclosure on behalf of Khazanchi Jewellers.

Khazanchi Jewellers Limited delivered robust top-line and bottom-line growth in the first quarter of FY27, signaling strong operational leverage. The company posted a 45% year-on-year revenue increase to ₹586.36 crore, while net profit after tax (PAT) surged 84% to ₹27.83 crore.

The results reflect improved business mix and scale benefits following the launch of its flagship showroom. Earnings per share (EPS) rose 82.35% to ₹11.16. Management highlighted that EBITDA grew faster than revenue, indicating effective cost management and higher-margin product realization.

Financial Performance

Revenue for Q1FY27 stood at ₹586.36 crore, compared to ₹403.84 crore in the same period last year. Operating profitability expanded significantly, with EBITDA rising 89% YoY to ₹39.98 crore. This growth outpaced revenue expansion, driving an improvement in EBITDA margins by 158 basis points to 6.82%.

Profit after tax reached ₹27.83 crore, up from ₹15.15 crore in Q1FY26. PAT margins improved by 99 basis points to 4.75%. The disproportionate growth in profits relative to sales underscores the impact of operational efficiencies and a favorable product mix.

What the Numbers Show

The divergence between volume growth and revenue growth reveals significant price realization or mix shifts. Management disclosed that jewellery quantum (volume) grew by approximately 15%, while revenue expanded by 45%. This gap suggests that roughly two-thirds of the revenue growth was driven by higher average selling prices or a shift toward higher-value categories, rather than pure volume expansion.

Strategic Outlook and Expansion

Chairman Rajesh Mehta outlined an aggressive growth trajectory, targeting annual revenue growth of 25% to 30% and a total revenue mark of ₹5,000 crore by 2030. The company plans to increase the contribution of its B2C segment to approximately 40% of overall revenue by FY2030, up from current levels.

Key strategic initiatives include:

• Launching 8 to 10 new stores over the next three to four years, primarily in Tamil Nadu initially.
• Migrating from the BSE SME platform to the main boards of both BSE and NSE, with documentation submission underway.
• Expanding digital presence through an upcoming e-commerce platform for lightweight and minimal jewellery.

Operational Updates

The newly launched flagship showroom is performing in line with targets, generating a monthly revenue run rate of approximately ₹30 crore to ₹35 crore. Management aims for the showroom to eventually fetch around ₹500 crore in peak revenue.

On working capital, the average cycle for wholesale operations remains at 40 to 45 days, while retail inventory turnover stands at 73 days, up from 63 days in Q4FY26 due to increased stock for the new store. The company currently utilizes a bank limit of ₹100 crore for working capital requirements, with no long-term debt disclosed. Inventory levels are approximately ₹460 crore as of June 30.

Management noted that gold price fluctuations cause temporary slowdowns of about two weeks, but demand normalizes quickly ahead of festive and wedding seasons. The company continues to diversify its client base, with no single B2B client contributing more than 5% to 6% of total revenue.