Renaissance jewellery has revised its FY27 Profit After Tax (PAT) guidance upward from ₹110 crore to ₹125.5 crore in an updated investor presentation filed under Regulation 30 of SEBI listing regulations. The Mumbai-headquartered jewelry company submitted the revised presentation on February 26, 2026, following an earlier communication dated February 25, 2026.

Strategic Business Transformation

The company is executing a fundamental shift from a volume-driven B2B manufacturer to a high-margin, IP-led branded D2C leader. With over 30 years of excellence in design, manufacturing, and global distribution, Renaissance Global has evolved from a traditional manufacturer into a brand-first organization leveraging iconic global partnerships.

Financial Performance Overview

The company's FY26 financial projections demonstrate the success of its transformation strategy. The D2C segment is expected to dominate revenue generation, while maintaining healthy margins across both business segments.

Brand Portfolio and Market Presence

Renaissance Global operates a diversified portfolio of owned and licensed brands targeting different market segments. The company's brand portfolio includes Jean Dousset, founded by the great-great-grandson of Louis Cartier, which transitioned to a 100% lab-grown diamond model in 2023. With Clarity, acquired in 2022, has scaled from approximately ₹40 crore revenue at acquisition to over ₹200 crore, demonstrating strong growth momentum.

Key Brand Performance:

• Jean Dousset: Luxury lab-grown diamond jewelry with flagship boutiques in West Hollywood and SoHo
• With Clarity: Digitally native fine jewelry brand focusing on engagement rings and bespoke creations
• Enchanted Disney Fine Jewelry: Licensed Disney-inspired fine jewelry generating approximately ₹400 crore in revenue

Growth Projections and Strategic Roadmap

The company has outlined ambitious growth targets through FY29, with D2C brands expected to contribute significantly to overall revenue. The strategic roadmap includes expanding Jean Dousset to 15 stores by FY29, with potential revenue of ₹400 crore from omnichannel operations.

Manufacturing Capabilities

The company operates state-of-the-art manufacturing facilities spanning 100,000 sq. ft. across 6 manufacturing facilities, employing over 2,000 trained personnel. The facilities incorporate global manufacturing technologies including casting, CNC machining, 3D printing, and laser cutting, with annual production capacity of 1.5 million pieces and capability to launch 15,000+ designs annually.

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Renaissance Global Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing improved performance across key metrics. The Board of Directors approved the results at their meeting held on February 12, 2026, following review by the Audit Committee. The company also released a comprehensive earnings presentation highlighting its strategic growth initiatives.

Auditor's Report Submission

On February 13, 2026, Renaissance Global Limited submitted the Independent Auditor's Report with Unique Document Identification Number (UDIN) to BSE Limited and National Stock Exchange of India Ltd. The submission followed the company's earlier filing on February 12, 2026, as statutory auditors faced technical issues with the ICAI portal preventing UDIN generation.

The company confirmed no changes were made to the financial results already submitted to the stock exchanges. The auditor's report covers both standalone and consolidated financial results prepared in accordance with Indian Accounting Standard 34.

Strong Q3FY26 Financial Performance

The company delivered robust quarterly growth with significant improvement in revenue and profitability metrics. Business revenue reached ₹824 crore, marking a 16% year-on-year increase driven by steady demand and strong execution across operations.

For the nine months ended December 31, 2025, consolidated revenue from operations reached ₹2,03,962.39 lakhs compared to ₹1,56,657.97 lakhs in the corresponding period of the previous year, representing a growth of 30.2%.

D2C Segment Drives Growth Momentum

The Direct-to-Consumer segment continued to demonstrate strong growth momentum, delivering a robust 37.5% year-on-year increase to ₹91 crore in Q3FY26. For nine months FY26, D2C revenue grew 39% year-on-year to ₹220 crore, reflecting strengthening brand equity and deeper customer engagement.

The D2C business has now scaled to an annualized revenue run rate of approximately ₹300 crore, reinforcing its strong growth trajectory and expanding contribution to the overall portfolio.

Jean Dousset Expansion and Premium Positioning

As part of the company's strategic focus on owned brands, Jean Dousset, the luxury lab-grown diamond brand founded by the great-great-grandson of Louis Cartier, expanded to New York. The brand recorded FY2024 revenue of ₹85.1 crore with 40% year-on-year growth. The LA flagship store contributed approximately ₹25 crore, representing about 30% of total revenue.

Management Commentary and Strategic Vision

Commenting on the performance, Mr. Sumit Shah, Chairman and Global CEO, stated that Renaissance Global is undergoing an important transformation from a low-margin B2B exporter to a core consumer-centric, brand-led luxury platform. The company's cost reduction program aimed at ₹40-50 crore annualized savings is already paying off, with owned brand revenue growing sevenfold in three years.

Conference Call and Investor Engagement

The company scheduled an earnings conference call for February 13, 2026, at 4:00 PM IST, led by Mr. Palash Kawale from Nuvama Wealth Research. The call will provide detailed insights into the company's performance and strategic initiatives for stakeholders.

Renaissance Global Limited operates primarily in the jewellery business with a growing portfolio of licensed and owned brands including Disney, Hallmark, NFL, Netflix, Jean Dousset, Irasva, and Jewelili. The company maintains operations across USA, UK, Dubai, and India, with paid-up equity share capital of ₹2,146.51 lakhs as of December 31, 2025.