Khazanchi Jewellers Ltd held a virtual investor meeting on June 29, 2026, at 11:30 AM IST as part of the InveStar Conclave Investor Connect Summit 2026. The company confirmed that no unpublished price sensitive information (UPSI) was shared during the interaction, which followed a Q&A format without a presentation.

The meeting was conducted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. Sakshi Jain, Company Secretary and Compliance Officer, signed the intimation regarding the outcome on behalf of the company.

The event was a group meet designed to facilitate engagement between the company's management and the investor community. The discussions were based on generally available information.

Khazanchi Jewellers Limited reported a 98.87% increase in profit after tax (PAT) for the financial year ended March 31, 2026 (FY26), reaching ₹89.42 crore. The jewellery retailer’s total income grew 15.71% to ₹2,051.02 crore, supported by a significant expansion in operational efficiency. Earnings before interest, taxes, depreciation, and amortization (EBITDA) surged 95.69% to ₹126.99 crore, while earnings per share (EPS) rose to ₹36.10.

The company submitted its investor presentation on audited financial results for the half-year and year ended March 31, 2026, to BSE Limited on June 04, 2026. The filing detailed the financial performance across key metrics, highlighting a compound annual growth rate (CAGR) of 67.91% in total income over five years. Return on capital employed (ROCE) improved to 29.39% in FY26 from 21.76% in the previous year.

Financial Performance

The profit and loss statement reveals a robust performance in the second half of FY26 (H2 FY26). PAT for H2 FY26 stood at ₹50.72 crore, a 103.60% increase compared to the corresponding period in the previous year. Revenue for H2 FY26 reached ₹1,098.26 crore, an 8.10% year-on-year growth. Total expenditure for the full year FY26 was reported at ₹1,924.04 crore, with raw material expenses constituting the largest component at ₹1,915.31 crore.

Key Financial Figures

Balance Sheet and Assets

The balance sheet size expanded to ₹466.23 crore in FY26 from ₹306.28 crore in FY25. Shareholders' funds, or net worth, increased to ₹319.57 crore, driven by a rise in reserves and surplus to ₹294.82 crore. The company strengthened its asset base, with total assets growing to ₹466.23 crore. Inventories, a major component of current assets, rose to ₹407.78 crore in FY26 from ₹257.18 crore in the previous year.

Balance Sheet Summary

Management Commentary and Outlook

During the earnings conference call held on June 04, 2026, management attributed the growth to a shift towards higher-margin segments, including diamond jewelry under the Vajraa Diamonds brand, and the successful launch of a large-format flagship showroom in Chennai. The average invoice size for the retail segment is reported to be between ₹1.5 lakh and ₹1.7 lakh. Management stated that the working capital cycle stands at 52 days, with inventory days at 70 to 75 days.

Looking ahead, the company expressed confidence in sustaining a growth trajectory of 25% to 30%. For FY27, management guided for a growth pace of at least 25% to 30%, with potential for PAT improvement to 35% driven by the expanding retail contribution. The company plans to fund expansion internally, targeting an increase in retail sales contribution from 10% to 25% over the next two financial years.