BlueStone Q4 Revenue Up 49% YoY, FY26 EBITDA Surges

BlueStone reported Q4 FY26 standalone revenue of INR 6,877mn, a 49.1% YoY increase, with FY26 revenue up 37.9% to INR 24,412mn.
Reported EBITDA for Q4 surged 361.0% YoY to INR 1,285mn, with a margin of 18.7%, while Pre-IND AS EBITDA (excl. inventory gain) was INR 509mn, up 443.3%.
The company expanded its store count to 340 as of March 2026, adding 65 stores in FY26, and reported a repeat revenue ratio of 55.9% for Q4.
BlueStone's omnichannel strategy and product expansion into men's and kids' segments are highlighted as key structural growth catalysts.