Bluestone Jewellery & Lifestyle has announced the book closure dates for its forthcoming 15th Annual General Meeting (AGM). The Register of Members and Share Transfer Books will remain closed from September 7, 2026 to September 14, 2026, both days inclusive.

The closure is necessary to take on record the members eligible to participate in the 15th AGM, which is scheduled to be held on Monday, September 14, 2026 at 4:30 pm through Video Conferencing or Other Audio-Visual Means (OAVM).

Regulatory Compliance

The intimation was issued pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Gaurav Singh Kushwaha, Managing Director, on August 18, 2026.

This disclosure follows an earlier intimation regarding the dispatch of the AGM notice via electronic mode only to members with registered email addresses. That earlier communication, signed on August 15, 2026, referenced compliance with Ministry of Corporate Affairs circulars and newspaper advertisements in Financial Express and Vishwavani.

Key Dates

No financial results or operational metrics were disclosed in this specific regulatory filing.

BlueStone Jewellery & Lifestyle Limited has released its Annual Report for the financial year ended March 31, 2026 (FY26), marking the company’s first full fiscal year of profitability since going public. The report confirms a net profit after tax (PAT) of ₹26 crore, a significant turnaround from the loss of ₹2,192 crore recorded in FY25.

The company’s revenue from operations grew 37.9% year-on-year to ₹2,441 crore. This growth was underpinned by the expansion of its retail footprint to 340 stores across 134 cities, including the addition of 65 new outlets during the year. Operating leverage was evident as EBITDA surged 419.8% to ₹395 crore, with the EBITDA margin expanding by 1,187 basis points to 16.2% from 4.3% in FY25.

Financial Performance

The shift to profitability was supported by disciplined cost management and operational efficiencies. Advertising and marketing costs were contained at 6.6% of sales in FY26, down from 9.0% in FY25. The company recognized a non-cash employee stock option (ESOP) expense of ₹927 million, which management noted is front-loaded under the current grant cycle and expected to decline materially in subsequent years.

Operational Expansion and Balance Sheet

BlueStone’s physical presence expanded significantly, with 75% of its store cohorts breaking even within three months of opening. The company leveraged its digital-first data to identify high-demand locations before committing capital. More than half of the revenue now comes from repeat customers, signaling strong brand loyalty.

The balance sheet strengthened following the initial public offering (IPO) and improved internal accruals. Net debt reduced to ₹3,469 million as of March 31, 2026, from ₹6,171 million a year earlier. Return on Capital Employed (ROCE) turned positive at 8.6%, compared to negative 4.7% in FY25.

Corporate Governance and AGM

The 15th Annual General Meeting (AGM) of the company will be held on Monday, September 14, 2026, at 4:30 pm through Video Conferencing or Other Audio Visual Means. The remote e-voting facility will be open from Friday, September 11, 2026, at 9:00 am to Sunday, September 13, 2026, at 5:00 pm.

The Board of Directors approved the appointment of Mr. Amit Jain as a Non-Executive, Non-Independent Director in place of Mr. Sameer Dileep Nath, who retires by rotation and does not seek re-election. Mr. Jain is the CEO and Co-Founder of CarDekho Group.

What the Numbers Show

The divergence between the sharp rise in PAT and the substantial non-cash ESOP expense highlights the underlying operational strength of the business. While reported PAT was ₹26 crore, the addition back of the ₹927 million ESOP charge suggests that cash profitability and operational cash flow generation are significantly higher than the bottom line indicates. This front-loaded expense structure implies that future reported earnings could see material uplifts as these charges decline, assuming revenue growth continues at current trajectories.