RBZ Jewellers , a leading manufacturer of gold jewellery in India, has reported strong financial results for the second quarter of fiscal year 2026, demonstrating resilience in the face of rising gold prices and changing market dynamics.

Financial Highlights

The company achieved a revenue of INR 145.00 crores in Q2 FY26, marking a significant year-on-year growth of 24%. This performance was driven by successful new design launches, productivity improvements, and positive consumer sentiment from the early onset of the festive season.

EBITDA for the quarter rose sharply to INR 28.00 crores, an increase of 105% year-on-year, with margins expanding significantly by 766 basis points to 19.50%. The company's Profit After Tax (PAT) stood at INR 19.00 crores, reflecting a robust growth of 130% year-on-year, with PAT margins improving to 12.82%.

Operational Performance

RBZ Jewellers demonstrated strong operational performance across its business segments:

The company's performance was particularly noteworthy in the job work segment, which saw a significant increase in volume from 163 kg in Q2 FY25 to 249 kg in Q2 FY26.

Market Expansion and Future Outlook

RBZ Jewellers is actively pursuing market expansion, with plans to open new stores in Rajkot and Surat by Q4 FY26. These stores, each with a minimum carpet area of 10,000 square feet, are expected to strengthen the company's retail presence in Gujarat.

Harit Zaveri, Joint Managing Director and CFO, commented on the company's performance and future plans: "We closed the first half of the year on a very strong note, driven by robust traction across both occasion and daily wear. Our continued emphasis on design innovation, well-diversified product mix, and operational excellence positions us well to drive sustainable growth in an evolving and dynamic market environment."

Strategic Initiatives

The company participated in multiple exhibitions to strengthen its market presence, including 5 national-level B2B exhibitions and 7 B2C exhibitions. RBZ Jewellers also launched several impactful digital marketing campaigns showcasing both festive and daily wear collections.

Challenges and Opportunities

While the overall demand remains positive, the company remains cautious on revenue trends given the recent volatility in global precious metal prices. However, RBZ Jewellers is witnessing encouraging demand trends and expects robust consumer traction during the upcoming wedding season, particularly in the occasion wear category.

As gold prices continue to fluctuate, the company is adapting its strategies, including experimenting with different caratages such as 18-karat gold, to meet changing consumer preferences while maintaining its strong position in the traditional 22-karat occasion wear segment.

RBZ Jewellers' strong performance in Q2 FY26, coupled with its strategic expansion plans and focus on innovation, positions the company well for continued growth in the competitive Indian jewellery market.

RBZ Jewellers , a prominent player in the jewelry industry, has announced significant financial growth in its latest quarterly results, showcasing robust performance amidst challenging market conditions.

Key Highlights

• Quarterly revenue increased to 1.45 billion rupees, up from 1.20 billion rupees in the same period last year
• EBITDA rose to 282 million rupees from 139 million rupees year-over-year
• EBITDA margin improved to 19.44% compared to 11.90% in the previous year
• Net profit surged to 186 million rupees, up from 81 million rupees in the comparative period
• Year-over-year increase of 105 million rupees, representing a 129.63% jump in net profit

Financial Performance

RBZ Jewellers has demonstrated strong financial growth in its latest results. The company's quarterly revenue saw a substantial increase, rising to 1.45 billion rupees from 1.20 billion rupees in the corresponding period last year. This represents a year-over-year growth of 20.83% in revenue.

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) showed an impressive improvement, increasing to 282 million rupees from 139 million rupees in the same quarter of the previous year. This translates to a significant year-over-year growth of 102.88% in EBITDA.

Notably, RBZ Jewellers' EBITDA margin saw a substantial enhancement, rising to 19.44% compared to 11.90% in the previous year. This improvement in margin indicates increased operational efficiency and profitability.

Furthermore, the company's net profit experienced a remarkable surge, reaching 186 million rupees, up from 81 million rupees in the comparative period. This exceptional growth of 105 million rupees represents a 129.63% year-over-year increase in net profit.

Conclusion

RBZ Jewellers' latest financial results highlight the company's ability to generate substantial revenue and profit growth, even as it navigates through various market challenges. The significant increases in revenue, EBITDA, and net profit, along with the improved EBITDA margin, underscore the effectiveness of the company's business strategies and operational efficiency. Investors and market analysts will likely be keeping a close eye on RBZ Jewellers' future performance to see if this impressive growth trajectory can be maintained in the coming periods.