Key Financial Performance - Full Year FY26
Comparative Financial Results (₹ Crore):
- Total Revenue: ₹2,051.02 crore (FY25: ₹1,772.53 crore) - growth of 15.71% YoY
- EBITDA: ₹126.99 crore (FY25: ₹64.89 crore) - growth of 95.69% YoY
- EBITDA Margin: 6.19% (FY25: 3.66%) - expansion of 253 basis points
- PAT: ₹89.42 crore (FY25: ₹44.96 crore) - growth of 98.87% YoY
- PAT Margin: 4.36% (FY25: 2.54%) - expansion of 182 basis points
- EPS: ₹36.10 (FY25: ₹18.18) - growth of 98.57% YoY
Key Financial Performance - Second Half FY26 (H2)
Comparative Financial Results (₹ Crore):
- Total Revenue: ₹1,098.26 crore (H2 FY25: ₹1,016.00 crore) - growth of 8.10% YoY
- EBITDA: ₹73.21 crore (H2 FY25: ₹36.10 crore) - growth of 102.79% YoY
- EBITDA Margin: 6.67% (H2 FY25: 3.55%) - expansion of 312 basis points
- PAT: ₹50.72 crore (H2 FY25: ₹24.91 crore) - growth of 103.60% YoY
- PAT Margin: 4.62% (H2 FY25: 2.45%) - expansion of 217 basis points
- EPS: ₹20.46 (H2 FY25: ₹10.07) - growth of 103.18% YoY
Management Commentary & Business Strategy
Management stated that FY26 was a "defining year" where scale, execution, and strategic investments reflected meaningfully in financial performance. The second half saw strong traction driven by:
- Festive and wedding demand
- Improved product mix
- Better operating leverage
The company maintained disciplined control over inventory and costs while scaling both wholesale and retail segments. The wholesale business delivered consistent volume-led growth, while B2C operations gained momentum with strengthened presence and increasing contribution to overall business mix.
Going forward, the focus will remain on:
- Scaling retail footprint
- Deepening design-led offerings
- Driving efficiency across the value chain
- Delivering sustainable and profitable growth
Operational Highlights
During H2 FY26, the company launched a 10,000 sq. ft. flagship showroom in Chennai, strengthening retail presence.
Company Business Overview
Khazanchi Jewellers has over five decades of experience and is located in Tamil Nadu. The company operates in both wholesale and retail markets, specializing in:
- Gold jewellery
- Diamond jewellery
- Precious stones
- Fancy jewellery
- Bullion items (coins and bars)
The business model involves raw material procurement, manufacturing and designing, product placement, and sales to end customers.
Disclaimer
The document contains forward-looking statements subject to risks and uncertainties including government actions, local/political/economic developments, technological risks, and other factors that could cause actual results to differ materially. The company undertakes no obligation to update these forward-looking statements.