Key Financial Figures - Q1FY27
Revenue: ₹60,395.57 Crores, representing a 26% year-over-year increase from Q1FY26 (₹47,861.54 Cr) but a 7% quarter-over-quarter decrease from Q4FY26 (₹64,999.00 Cr).
EBITDA: ₹376 Crores with a margin of 6.2%, compared to ₹442 Cr (9.2% margin) in Q1FY26 and ₹546 Cr (8.4% margin) in Q4FY26.
Profit Before Tax (PBT): ₹284 Crores (4.7% margin), down 21% from Q1FY26 (₹359 Cr, 7.5% margin) and down 39% from Q4FY26 (₹464 Cr, 7.1% margin).
Profit After Tax (PAT): ₹208 Crores (3.5% margin), representing a 22% decrease from Q1FY26 (₹266 Cr, 5.5% margin) and a 40% decrease from Q4FY26 (₹346 Cr, 5.3% margin).
Earnings Per Share (EPS): Disclosed but specific amount not quantified in the presentation.
Gross Profit: Disclosed but specific amount not quantified in the presentation.
Other Costs: Depreciation: ₹30 Cr; Finance Cost: ₹62 Cr; Tax: ₹75 Cr.
Full Year FY26 Financial Performance
Annual Revenue: ₹2,50,390 Crores
Annual EBITDA: ₹1,689 Crores (6.7% margin)
Annual PAT: ₹1,010 Crores (4.0% margin)
Annual Depreciation: ₹131 Crores
Annual Finance Cost: ₹198 Crores
Annual PBT: ₹1,360 Crores (5.4% margin)
Annual Tax: ₹350 Crores
Geographic Revenue Breakdown (Q1FY27)
- Tamil Nadu: ₹33,702.44 Cr (55.8% of total)
- Andhra Pradesh: ₹11,164.79 Cr (18.5% of total)
- Telangana: ₹8,310.55 Cr (13.8% of total)
- Karnataka: ₹6,145.87 Cr (10.2% of total)
- Puducherry: ₹1,071.93 Cr (1.8% of total)
Operational Highlights
Store Network: 65 stores across South India as of presentation date, comprising:
- 8 Large Format Stores (>15,000 sq. ft.)
- 47 Medium Format Stores (5,000-15,000 sq. ft.)
- 10 Small Format Stores (≤5,000 sq. ft.)
Geographic Presence: Stores located across 55 cities in South India with strong penetration in Tier II & III markets (47 of 65 stores).
Revenue by Store Format: 89% of revenue generated from Large and Medium format stores.
Revenue Mix: Gold Jewellery (92%), Silver Jewellery (7%), Others including silverware and diamond jewellery (1%).
Average Revenue Per Store: ₹4,105 million in FY26, showing improvement from ₹2,833 million in FY23.
Customer Protection: ₹5,680 Crores of natural protection through customer advances (₹5,388 Cr) and creditors (₹292 Cr), reducing sensitivity to gold price movements.
Management Team
Kiran Kumar Jain: Chairman & Managing Director, associated since 1999, leads marketing, strategy, operations, treasury, and finance.
Hemaa Kiran Jain: Whole-time Director, associated since 2002, contributes to strategic decision-making in production and diamond unit operations.
P Rajeswaran: Whole-time Director, oversees sales and operations management across all stores.
Jitendra Kumar Pal: Company Secretary & Compliance Officer, leads corporate governance and regulatory compliance.
Business Strategy
Retail Expansion: Focus on expanding footprint in underpenetrated Tier II & III markets across South India.
Vertical Integration: Maintain vertically integrated model from raw material to customers, enabling better margins through controlled supply chain.
Customer Schemes: Offer jewellery savings schemes (Dhana Vandhanam) to build recurring customer engagement and purchase visibility.
Product Portfolio: Diverse range covering wedding, festivals, daily wear, and men's occasions with contemporary designs blending tradition with modern styles.
Investor Relations Contacts
Company Contact: Payel Basu (payel@lalithaajewellery.com)
EY Investor Relations: Binay Sarda (binay.sarda@in.ey.com), Siddesh Chawan (Siddesh.chawan@in.ey.com)