RBZ Jewellers FY26 Net Profit Rises 41% to ₹5,479.61 Lakhs; Results Published in Newspapers

RBZ Jewellers Limited has released its audited standalone financial results for the quarter and year ended March 31, 2026, following approval at the Board of Directors meeting held on May 14, 2026. The results were reviewed and recommended by the Audit Committee before board approval, with statutory auditors Sorab S. Engineer & Co. issuing an unmodified audit opinion. Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company subsequently published the audited financial results in "Jai Hind" (Gujarati) and "Business Standard" (English) on May 16, 2026, with the publications also made available on the company's website at www.rbzjewellers.com . The company reported robust full-year performance, with revenue from operations growing to ₹63,648.02 lakhs from ₹53,011.52 lakhs in the previous year, while net profit rose to ₹5,479.61 lakhs compared to ₹3,879.85 lakhs in the prior year.

Financial Performance Overview

The company delivered healthy quarterly and annual performance, supported by strong festive demand during Akshay Tritiya and a robust wedding season. EBITDA for Q4 stood at ₹212 million versus ₹146 million in the year-ago period, with EBITDA margin improving to 11.16% from 10.63%. The following table presents the key financial highlights for the quarter and full year:

Metric:	Q4 FY26	Q3 FY26	Q4 FY25	FY26	FY25
Revenue from Operations (₹ Lakhs):	18,948.36	21,031.02	13,728.20	63,648.02	53,011.52
Other Income (₹ Lakhs):	26.13	4.05	8.28	46.91	63.71
Total Income (₹ Lakhs):	18,974.49	22,637.07	13,737.48	63,694.93	53,075.23
Total Expenses (₹ Lakhs):	17,368.58	20,300.72	12,596.68	56,301.05	47,824.30
Profit Before Tax (₹ Lakhs):	1,605.91	2,336.35	1,140.80	7,393.88	5,250.93
Total Tax Expense (₹ Lakhs):	437.95	593.34	283.89	1,914.27	1,371.08
Net Profit (₹ Lakhs):	1,167.96	1,743.01	856.91	5,479.61	3,879.85
Total Comprehensive Income (₹ Lakhs):	1,161.96	1,744.52	864.25	5,478.13	3,885.86
Basic & Diluted EPS (₹):	2.92	4.36	2.14	13.70	9.70

Operational Highlights

During the quarter, RBZ Jewellers actively participated in 2 exhibitions, including national and state-level events across both B2B and B2C segments. The company launched multiple successful digital marketing campaigns showcasing both occasion and daily collections, including "Shwet", "Kesudo (Holi)", and "Akshay Tritiya". Approximately 730 new designs were launched in the quarter, predominantly in the Occasional Wear segment.

Cash Flow Summary

The audited statement of cash flows for the year ended March 31, 2026 reflects increased investment activity and financing inflows. Net cash flow from operating activities was ₹(732.55) lakhs, compared to ₹(1,493.68) lakhs in the previous year, with operating profit before working capital changes improving to ₹9,264.75 lakhs from ₹6,503.31 lakhs. The key cash flow metrics are presented below:

Particulars:	FY26 (₹ Lakhs)	FY25 (₹ Lakhs)
Operating Profit before Working Capital Changes:	9,264.75	6,503.31
Net Changes in Working Capital:	(8,062.62)	(6,682.45)
Net Cash Flow from Operating Activities:	(732.55)	(1,493.68)
Net Cash Flow used in Investing Activities:	(3,288.72)	(486.16)
Net Cash Flow from Financing Activities:	4,051.74	785.96
Net Increase/(Decrease) in Cash and Cash Equivalents:	30.47	(1,193.88)
Cash and Cash Equivalents at End of Year:	107.38	76.91

The increase in investing outflows was primarily driven by purchase of property, plant and equipment (including capital advances and capital work in progress) amounting to ₹3,266.12 lakhs. Financing activities generated a net inflow of ₹4,051.74 lakhs, supported by proceeds from long-term borrowings of ₹2,388.00 lakhs and net short-term borrowing proceeds of ₹3,118.14 lakhs.

Balance Sheet Highlights

The company's total assets grew to ₹48,595.79 lakhs as at March 31, 2026, from ₹35,198.00 lakhs as at March 31, 2025. Total equity stood at ₹29,982.31 lakhs, comprising equity share capital of ₹4,000.00 lakhs and other equity of ₹25,982.31 lakhs. The key balance sheet metrics are summarised below:

Parameter:	March 31, 2026 (₹ Lakhs)	March 31, 2025 (₹ Lakhs)
Total Non-Current Assets:	8,916.32	3,556.97
Inventories:	33,567.46	29,229.52
Trade Receivables:	5,582.65	1,732.80
Total Current Assets:	39,679.47	31,641.03
Total Assets:	48,595.79	35,198.00
Total Equity:	29,982.31	24,504.18
Non-Current Borrowings:	2,253.56	74.17
Current Borrowings:	11,842.67	8,653.81
Total Non-Current Liabilities:	5,341.67	662.18
Total Current Liabilities:	13,271.81	10,031.64

Expansion Plans and Corporate Developments

Encouraged by the strong performance of the Ahmedabad showroom, the company plans to expand into other major Gujarat cities such as Surat and Rajkot, with both showrooms planned to commence operations in Q2 FY27. The company is also exploring strategic locations in Eastern Ahmedabad and nearby cities such as Gandhinagar for mid-sized showrooms (~5,000 sq. ft. carpet area) for future expansion. On the corporate governance front, the board approved the reappointment of M/S. G. K Choksi & Co. as Internal Auditors of the company for the financial year 2026-27, on the recommendation of the Audit Committee. The company operates as a single reporting segment — Jewellery — as per Ind AS 108 on Operating Segments, and as of March 31, 2026, does not have any subsidiary, associate, or joint venture company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.04%	+2.65%	-7.80%	-7.36%	-11.55%	+19.70%

RBZ Jewellers Limited has announced it will meet with analysts and institutional investors on May 22, 2026. The meeting is being held pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The interaction is scheduled as part of Centrum's Nakshatra III Conference. The session will be conducted virtually in a group format between 13:00 and 14:00 HRS.

Meeting Details

The company provided the following schedule for the investor interaction:

Date	Particulars	Place	Mode	Time
May 22, 2026	Centrum's Nakshatra III Conference	Virtual	Group	13:00- 14:00 HRS

The investor presentation for the meeting is already available in the public domain on the company's website and the websites of the stock exchanges. This presentation will be utilized during the conference.

RBZ Jewellers clarified that no unpublished price sensitive information (UPSI) will be shared or discussed during these interactions. The company noted that changes to the schedule may occur due to exigencies on the part of investors, analysts, or the company.