Renaissance Global Limited Q1 FY27 Results Summary

Key Financial Performance Metrics (Q1 FY27 vs Q1 FY26)

Revenue Performance:

  • Revenue from Operations: ₹780.4 crore (Q1 FY27) vs ₹530.3 crore (Q1 FY26) - 47.2% YoY growth
  • Revenue excluding bullion sales: ₹689.8 crore (Q1 FY27) vs ₹530.3 crore (Q1 FY26) - 30.1% YoY growth
  • Bullion sales amounted to ₹90.6 crore for Q1 FY27

Profitability Metrics:

  • EBITDA: ₹49.7 crore (Q1 FY27) vs ₹40.8 crore (Q1 FY26) - 21.7% YoY growth
  • EBITDA Margin: 6.3% (Q1 FY27) vs 7.6% (Q1 FY26) - declined by 133 basis points
  • Profit After Tax: ₹25.6 crore (Q1 FY27) vs ₹6.6 crore (Q1 FY26) - 288.5% YoY growth
  • PBT after Exceptional Items: ₹29.7 crore (Q1 FY27) vs ₹9.3 crore (Q1 FY26) - 218.4% YoY growth

Segment-wise EBITDA Performance (Q1 FY27 vs Q1 FY26):

  • Owned Brands: ₹10.1 crore (11.5% margin) vs ₹6.9 crore (10.1% margin) - 46.6% growth
  • Licensed Brands: ₹7.9 crore (10.9% margin) vs ₹9.2 crore (13.6% margin) - 14.6% decline
  • Customer Brands: ₹31.7 crore (6.0% margin) vs ₹24.7 crore (6.3% margin) - 28.4% growth

Other Financial Data:

  • Other Income: ₹8.8 crore (Q1 FY27) vs ₹4.6 crore (Q1 FY26) - 90.3% growth
  • Finance Costs & Interest on Leases: ₹11.5 crore (Q1 FY27) vs ₹11.2 crore (Q1 FY26) - 2.8% growth
  • Tax Expense: ₹4.1 crore (Q1 FY27) vs ₹2.7 crore (Q1 FY26) - 48.9% growth
  • Exceptional Item: Restructuring cost of ₹12.0 crore recorded in Q1 FY26, with no similar item in Q1 FY27

Strategic Business Updates

Owned Brands Performance:

  • Owned Brands revenue grew 28.8% YoY to ₹88.5 crore from ₹68.8 crore in Q1 FY26
  • D2C segment has grown 9x+ from FY22 to FY26
  • Brand portfolio includes Jean Dousset, WithClarity, Irasva, Jewelili, and Everyday Elegance

Jean Dousset Retail Expansion:

  • San Francisco store opened on July 29, 2026
  • Four additional stores planned in Washington, D.C., Boston, Chicago, and Dallas during FY27
  • Target of expanding to 7 retail stores by end of FY27 (currently 3 stores)
  • Each store generates approximately ₹25-30 crore in annual sales
  • Brand positioned in premium luxury lab-grown diamond jewellery market

Working Capital and Cash Flow Targets:

  • Working capital reduction target: ₹250 crore during FY27
  • Cash flow from operations target: More than ₹300 crore during FY27
  • These measures aimed at strengthening balance sheet and improving return ratios

Management Commentary

Mr. Sumit Shah, Chairman and Global CEO, stated that the company is transforming from a traditional jewellery manufacturer into a global, high-margin branded jewellery platform. The company remains committed to achieving ₹1,000 crore in D2C revenue by FY29 with an operating margin of at least 15% from the segment.

Forward-Looking Statements

The document contains forward-looking statements regarding future results, financial condition, business prospects, and plans, subject to risks and uncertainties that could cause actual results to differ materially.

Investor Relations

Conference call scheduled for August 10, 2026, at 2:00 PM IST, led by Ms. Shweta Raidas. Primary dial-in numbers: +91 22 6280 1431 / 22 7115 8843, with international toll-free numbers available for Hong Kong, Singapore, UK, and USA.