Company Overview

RBZ Jewellers Limited (Scrip Code: 544060, Symbol: RBZJEWEL) submitted an investor presentation for Q1FY27 dated 11th August 2026 pursuant to Regulation 30 of SEBI Listing Regulations. The company is a leading organized gold jewellery manufacturer founded in 2008 and led by Mr. Rajendrakumar and Mr. Harit Zaveri.

Business Operations

The company operates across three business segments:

  • Manufacturing: 23,966 sq. ft. advanced facility with casting, laser, and 3D printing technologies
  • Wholesale: Supplies to national retailers including Titan, Malabar Gold, and Senco Gold across 72+ cities in 20 states
  • Retail: Flagship showroom "Harit Zaveri Jewellers" in Ahmedabad (11,667 sq. ft.) offering gold, Polki, platinum, silver, and diamond jewellery

Job work services accounted for 52% of total gold volumes sold in FY26, representing the highest-margin segment with limited working capital requirements.

Q1FY27 Financial Performance

Income Statement Highlights (Consolidated, INR Mn):

  • Revenue from Operations: ₹1,208 Mn (59.8% YoY increase from ₹756 Mn in Q1FY26)
  • EBITDA: ₹180 Mn (37.7% YoY increase from ₹130 Mn)
  • EBITDA Margins: 14.82% (decreased 238 bps from 17.20% in Q1FY26)
  • PAT: ₹91 Mn (28.2% YoY increase from ₹71 Mn)
  • PAT Margins: 7.53% (decreased 190 bps from 9.39% in Q1FY26)
  • Diluted EPS: ₹2.27 (increased from ₹1.78 in Q1FY26)

Quarterly Comparison:

  • Revenue decreased 36.3% QoQ from ₹1,895 Mn in Q4FY26
  • EBITDA decreased 15.6% QoQ from ₹212 Mn
  • PAT decreased 22.2% QoQ from ₹117 Mn

Operational Highlights

  • Participated in 5 jewellery exhibitions/trade shows in Saurashtra region, North Gujarat, and Ahmedabad
  • Launched digital marketing campaigns for occasions including Akshay Tritiya, Godh Bharai, Mother's Day, and Polki Shoot
  • Strengthened positioning of lightweight daily wear collections and 18K Rose Gold collections

Expansion Plans

Retail expansion remains on track with:

  • Flagship showrooms in Surat (expected by Q2FY27) and Rajkot (expected by early Q3FY27)
  • Mid-sized stores in Maninagar (Ahmedabad East) and Gandhinagar
  • Total of 7 new showrooms planned across Gujarat over next two financial years

Historical Financial Performance

Annual Consolidated Performance (INR Mn):

  • FY26 Revenue: ₹6,365 Mn (20.1% increase from ₹5,301 Mn in FY25)
  • FY26 EBITDA: ₹919 Mn (43.1% increase from ₹642 Mn)
  • FY26 PAT: ₹548 Mn (41.2% increase from ₹388 Mn)
  • FY26 Diluted EPS: ₹13.70 (41.2% increase from ₹9.70)

Balance Sheet Highlights (FY26)

Assets (INR Mn):

  • Property, plant and equipment: ₹337
  • Capital work-in-progress: ₹247
  • Rights to use assets: ₹273
  • Inventories: ₹3,357
  • Trade receivables: ₹558
  • Cash and cash equivalents: ₹11

Liabilities & Equity (INR Mn):

  • Total Equity: ₹2,998 (Share Capital: ₹400, Other Equity: ₹2,598)
  • Borrowings: ₹1,409 (Non-current: ₹225, Current: ₹1,184)
  • Lease Liabilities: ₹288 (Non-current: ₹285, Current: ₹3)

Market Data (as of 30th June 2026)

  • Face Value: ₹10.0
  • Market Price: ₹137.85
  • 52 Week High/Low: ₹166.45 / ₹101.30
  • Market Capitalization: ₹5,514.0 Mn
  • Equity Shares Outstanding: 40.0 Mn
  • 1 Year Average Trading Volume: 132.7 thousand