• Event Type: Q1 FY27 Earnings Conference Call discussing unaudited financial results (consolidated and standalone) for the quarter ended June 30, 2026.
  • Date and Time: The call was held on August 10, 2026, at 03:30 PM. The transcript was submitted to exchanges on August 12, 2026.
  • Purpose: Discussion of quarterly financial results and business updates, hosted by Monarch Networth Capital Limited.
  • Management Participants: Mr. Rashesh Bhansali (Executive Chairman) and Mr. Anmol Bhansali (Director).
  • Financial Period Discussed: Q1 FY27 (quarter ended June 30, 2026).
  • Key Financial Highlights:
  • Total Revenue: INR 3,637 million
  • EBITDA: INR 1,039 million (120% growth)
  • Steady-state EBITDA Margin: 24% (400 basis points improvement)
  • Profit After Tax: INR 740 million (more than doubled)
  • Other Income: Included INR 220 million tariff refund, with balance from forex and treasury gains
  • Cash & Cash Equivalents: INR 4,566.7 million as of June 30, 2026
  • Bonus Issue: 3,76,39,281 equity shares allotted in 1:3 ratio in July
  • Business Metrics:
  • Lab-grown diamond jewelry exports: 90.7% of export sales mix (vs 87.8% in Q1 FY26)
  • Online revenue: 19.3% of total revenue
  • Inventory: 64% of finished jewelry inventory with customers for subsequent sales
  • Order Book: INR 2,250 million as of June 30, 2026
  • ORIGEM (B2B Retail Brand) Update:
  • Operational Stores: 26 across key cities
  • Q1 FY27 Revenue: INR 81.56 million
  • New Initiatives: Digital 3D ring builder, lab-grown jewelry in 9 karat gold, old gold exchange
  • Expansion: 7 additional stores planned to open pre-Diwali
  • Geographic Expansion: Strengthening presence in Middle East, Israel, and Australia alongside core US market
  • Compliance: The submission is made pursuant to Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Additional Notes Section

  • The document includes the full transcript of the earnings conference call with detailed Q&A session.
  • The company disclosed specific financial figures for Q1 FY27 including revenue breakdown, margin analysis, and operational metrics.
  • Management provided detailed commentary on growth strategies, market expansion, competitive positioning, and margin drivers.
  • Forward-looking statements were made regarding growth potential in both B2B and B2C segments, though no specific numerical guidance was provided.