Date: 04th November 2026

Financial Performance Summary

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Total Income: ₹15,852 crore vs ₹21,754 crore (YoY decline)
  • Revenue from Operations: ₹15,836 crore (27% YoY decline)
  • EBITDA: ₹181 crore vs ₹156 crore (16.0% YoY growth)
  • EBITDA Margin: 1.14% vs 0.72% (42 bps expansion)
  • PAT: ₹120 crore vs ₹113 crore (6.8% YoY growth)
  • PAT Margin: 0.76% vs 0.52% (24 bps expansion)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Total Income: ₹34,829 crore vs ₹36,308 crore (4.1% YoY decline)
  • EBITDA: ₹265 crore vs ₹259 crore (2% YoY growth)
  • EBITDA Margin: 0.76% vs 0.71% (5 bps expansion)
  • PAT: ₹181 crore vs ₹185 crore (marginal decline)
  • PAT Margin: 0.52% vs 0.51% (1 bp expansion)

Business Segment Performance

Enterprise Business

  • Q2 FY27 Revenue: ₹13,852 crore
  • YoY Decline: 32%

Consumer Business

  • Q2 FY27 Revenue: ₹1,984 crore
  • YoY Growth: 47.3%
  • Contribution to Total Revenue: 12.5%

Strategic Initiatives and Operational Highlights

Sourcing Strategy Shift

  • Domestic scrap sourcing increased significantly from ~3% of total procurement in Q2 FY26 to ~24.5% in Q2 FY27
  • This shift supports better margins but has a relatively longer working capital cycle
  • Reduces dependence on gold imports

Silver Business

  • Leveraged DGFT licence to import silver through IIBX during period of constrained domestic availability
  • Company views the benefit from silver as situational and linked to prevailing import restrictions

Technology Ecosystem

  • 52.3 million registered consumers as of September 30, 2026
  • 245 fintech partners
  • 5,309 registered SPOT members
  • 20 SPOT delivery centers

Management Commentary

Mr. Ketan Kothari, Whole-Time Director, commented:

  • Q2 FY27 was a strong quarter marked by record profitability and meaningful margin expansion
  • Consolidated PAT reached all-time high of ₹120 crore, up 97.7% QoQ and 6.8% YoY
  • PAT margin improved to 0.76% and EBITDA margin to 1.14%, reflecting better business mix and focus on quality of earnings
  • Revenue decline partly reflects softer demand and conscious shift towards higher-margin domestic scrap sourcing
  • Integrated platform benefits from diversified sourcing and distribution capabilities across banks, refiners, recycled gold, imports, IIBX and ETF redemptions
  • Company remains focused on building Augmont into a stronger and more valuable platform over the long term
  • Agreement with NSE for Electronic Gold Receipts is another step in making gold more accessible

Company Overview

Augmont is India's leading integrated gold and silver platform with technology-enabled ecosystem spanning precious metals value chain. The company has presence across refining, wholesale trading, digital gold, jewellery, gold-backed lending and retail services.

Infrastructure as of September 30, 2026:

  • 2 refineries
  • 245 fintech partnerships
  • 5,309 registered members on SPOT
  • 20 SPOT delivery centres
  • 5,558 retail touchpoints
  • 122 Gold For All centres across India

Recognition:

  • 'India's No. 1 Gold Platform' at IGC for two consecutive years (2025 and 2026)
  • 'India's No. 1 Silver Platform' in 2025

Guided by vision of "Gold For All", focused on making gold more accessible, trusted and useful for Indian households and businesses.