Renaissance Jewellery
113.24
-5.26(-4.44%)
Market Cap₹1,215.35 Cr
PE Ratio15.37
Company Performance:
1D-4.44%
1M+6.14%
6M+0.51%
1Y-12.05%
5Y+87.64%
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More news about Renaissance Jewellery
23Jan 26
Renaissance Global Limited Grants 1,07,140 Stock Options Under ESOP 2021 Scheme
Renaissance Global Limited granted 1,07,140 stock options to an eligible employee under RGL ESOP 2021 scheme on January 23, 2026. The options carry an exercise price of Rs. 2 per option and will vest after one year from grant date. Each option is convertible into one equity share with face value of Rs. 2, and can be exercised within three years from vesting date.
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06Dec 25
Renaissance Global Expands Middle East Presence with New Dubai Subsidiary
Renaissance Global Limited's subsidiary, Verigold Jewellery FZCO, has established a new step-down subsidiary, Renaissance Jewellery Middle East FZCO, in Dubai. The new entity, registered with the Dubai Multi Commodities Centre Authority, has an authorized and subscribed capital of AED 300,000. It will focus on precious stones cutting and polishing, gold and precious metal products manufacturing, and jewellery manufacturing. This strategic move aims to strengthen Renaissance Global's presence in the UAE market and tap into the region's luxury jewellery demand.
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05Dec 25
Renaissance Global's D2C Sales Surge 62% YoY During Holiday Season Kick-Off
Renaissance Jewellery, a global branded jewellery leader, achieved a 62.65% year-on-year growth in Direct-to-Consumer (D2C) sales during the five-day Thanksgiving-to-Cyber Monday period. Total sales reached ₹23.00 crore. The growth was driven by increased customer acquisition, improved conversion rates, and high demand for premium collections. The company's Global CEO, Sumit Shah, attributed the success to design-led offerings and resonance with global consumers. Renaissance Jewellery is focusing on expanding product assortment, strengthening digital marketing, and enhancing omnichannel fulfillment capabilities to support continued D2C growth.
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28Nov 25
Renaissance Global Boosts Share Capital with Employee Stock Option Allotment
Renaissance Jewellery Limited has allotted 12,500 shares at Rs. 110.00 per share under its RGLESOP 2021 scheme. This allotment increased the company's paid-up share capital from Rs. 21,46,25,942.00 to Rs. 21,46,50,942.00, and the total number of equity shares from 10,73,12,971 to 10,73,25,471. The face value remains Rs. 2.00 per share. The new shares will have equal rights as existing shares. The ESOP scheme, approved in January 2022, has seen multiple grants, with some adjustments due to employee resignations and terminations.
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21Nov 25
Renaissance Global Promoter Sumit Shah Reduces Stake by 6.13%
Sumit Niranjankumar Shah, a promoter of Renaissance Jewellery, sold 85,000 equity shares (6.13% of the company) through open market transactions on November 19 and 20, 2025. This reduced Shah's stake from 8.76% to 7.46% of the company's total voting capital.
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18Nov 25
Renaissance Global Reports Strong Q2 FY26 Performance with 40% Revenue Growth
Renaissance Jewellery achieved 40% year-over-year revenue growth in Q2 FY26, with D2C business expanding 43%. Profit before tax increased 69% to 23.70 crores, while profit after tax rose over 80%. The company's US D2C brands grew 60%. Cost optimization led to 11.30 crores reduction in expenses. Renaissance plans to open its second Jean Dousset Boutique in New York City by mid-November 2025. Net debt improved to 0.24 from 0.27 last year. The company aims to reach its FY26 D2C revenue target of 305 crores, with D2C EBITDA growing 96% to 7.20 crores in Q2. EBITDA margins in D2C expanded from 8.8% to 12.1% year-over-year.
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13Nov 25
Renaissance Global Reports 72% Surge in Q2 Net Profit, Revenue Climbs 34%
Renaissance Jewellery, a global branded jewellery player, reported robust Q2 financial results. Revenue increased by 34% to ₹5,463.60 crore, EBITDA grew by 23.3% to ₹431.30 crore, and net profit surged by 72% to ₹202.30 crore compared to the previous year. The Direct-to-Consumer segment grew by 43.1%, with U.S. D2C brands showing a 60.1% increase. Customer Brands witnessed 47.2% growth. The company achieved cost savings of ₹11.30 crore in Q2. Renaissance Global also announced the opening of a Jean Dousset boutique in New York City, scheduled for mid-November.
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11Nov 25
Renaissance Global Limited Announces Q2 FY26 Earnings Call
Renaissance Jewellery, a global branded jewelry company, has announced its Q2 FY26 earnings conference call for November 14, 2025, at 04:00 PM IST. The call will discuss financial results for the quarter ending September 30, 2025, which will be declared on November 13, 2025. The company's senior management will be present for discussion and Q&A. Pre-registration is encouraged, and multiple international dial-in options are provided. Renaissance Jewellery operates in key markets including the USA, Canada, UK, and Asia, with a portfolio of owned and licensed brands.
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14Oct 25
Renaissance Global's Jean Dousset Opens New York Boutique, Exceeds Launch Expectations
Renaissance Global has launched a new Jean Dousset jewelry boutique in New York City, focusing on premium lab-grown diamonds. The boutique has exceeded initial expectations for client appointments and walk-in traffic. The company expects this location to match the success of its Los Angeles flagship, which contributes ₹25.00 crore annually and 30% of the brand's total revenue. Renaissance Global plans to expand to five Jean Dousset locations by 2026, capitalizing on growing demand for high-quality, ethically sourced lab-grown diamonds.
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18Aug 25
Renaissance Global Reports 43% Revenue Surge Amid Supply Chain Adjustments
Renaissance Jewellery announced strong Q1 results with total revenue up 43% YoY to Rs. 550.00 crores. D2C segment revenue increased 37% to Rs. 69.00 crores, while B2B segment grew 67% to Rs. 394.00 crores. EBITDA rose 13% to Rs. 41.00 crores, and PAT grew 20% to Rs. 19.00 crores, despite U.S. import tariff headwinds. Cost optimization efforts led to Rs. 12.00 crores in savings. The company's net debt-to-equity ratio improved from 0.31 to 0.19 YoY. Renaissance Global is focusing on D2C growth and B2B diversification in international markets, while transitioning to lab-grown diamonds to drive growth.
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12Aug 25
Renaissance Global's Q1 Revenue Surges 43% Despite Tariff Headwinds
Renaissance Jewellery's Q1 revenue surged 43% to Rs. 530.00 crore. D2C business grew 37% to Rs. 69.00 crore. PBT increased 11% to Rs. 21.00 crore, impacted by Rs. 11.00 crore tariff costs. Adjusted Operational PBT grew 68% to Rs. 32.00 crore. Cost optimization saved Rs. 12.00 crore. Restructuring costs of Rs. 11.97 crore incurred due to Bhavnagar facility closure. Net Debt to Equity ratio at 0.19 with Rs. 219.00 crore cash equivalents. Company remains confident despite tariff challenges.
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08Aug 25
Renaissance Global Fully Deploys Rs 163.49 Crore Preferential Issue Proceeds
Renaissance Jewellery has announced the complete utilization of its Rs 163.49 crore preferential issue proceeds. CRISIL Ratings Limited confirmed the full deployment of funds. The capital was allocated across four objectives: Rs 26.63 crore for business growth and acquisition, Rs 88.37 crore for subsidiary investments, Rs 15.00 crore for fund-raising expenses, and Rs 33.49 crore for general corporate purposes. The original issue size was reduced from Rs 168.74 crore due to undersubscription. The company views this as a crucial step in executing its growth strategy, particularly strengthening its international presence through investments in Verigold Jewellery FZCO in Dubai.
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30May 25
Renaissance Global's Q4 Results: EBITDA Dips, Net Profit Rises
Renaissance Global, a jewelry industry player, reported mixed Q4 results. Net profit increased 27.41% to ₹251.00 crore, despite a 5.03% revenue decline to ₹5,100.00 crore. EBITDA decreased 9.05% to ₹382.00 crore, with EBITDA margin contracting to 7.42% from 7.84%. The company demonstrated profitability resilience amid revenue challenges.
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07May 25
Renaissance Global Slashes Debt by Rs 93 Crore in Q4 FY25, Bolstering Financial Position
Renaissance Global, a leading jewelry company, has reduced its debt by Rs 93.00 crore in Q4 FY2025. This move is expected to enhance financial flexibility and improve the balance sheet. The company's total assets grew by 5.48% YoY to Rs 2,023.60 crore, while total equity increased by 11.89% to Rs 1,148.50 crore as of March 2024. Despite a negative operating cash flow of Rs 40.90 crore, the company's overall financial position appears to be strengthening, potentially positioning it for future growth initiatives.
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14Apr 25
Renaissance Global to Shutter Bhavnagar Unit in Strategic Operational Shift
Renaissance Global Limited (RGL) will close its Bhavnagar, Gujarat unit on April 15, 2025. The unit contributed 9.94% to revenue and 24.14% to net worth in FY 2023-24. The closure aims to rebalance manufacturing capacities. Additionally, Mr. Darshil Shah and family will be classified as Promoters of the Company from April 14, 2025.
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18Mar 25
Renaissance Global Slashes Debt by ₹53 Crore in Q4 FY2025, Strengthening Financial Position
Renaissance Global Limited, a global branded fine jewelry manufacturer, has reduced its gross debt by approximately ₹53.00 crore in Q4 FY25. This debt reduction is part of the company's strategy to lower interest expenses and optimize capital structure. As of December 31, 2024, the company's net debt stood at ₹188.00 crore, down from ₹311.00 crore in the previous year. The company aims to continue reducing debt to lower borrowing costs and eventually become a zero net debt company.
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Renaissance Jewellery
113.24
-5.26
(-4.44%)
1 Year Returns:-12.05%
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