Advit Jewels LimitedRetailRAMBHAJO
Q1 FY27 concall · earnings callAdvit Jewels Limited
The company reported strong revenue and profit growth, driven by bridal demand, and is focusing on expanding its B2C presence and launching new categories to build a luxury brand.
Numbers
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Total Income | ₹35.4 Cr | 37.35% | |
| EBITDA | ₹11.72 Cr | 33.02% | |
| PAT | ₹8.19 Cr | 37.86% | |
| EPS | INR2.46 | — | |
| EBITDA Margin | 33.12% | — | |
| PAT Margin | 23.12% | — |
TL;DR
- Total income grew 37.35% year-on-year to INR35.40 crores.
- PAT grew 37.86% to INR8.19 crores.
- B2B constituted 78% of Q1 demand, with B2C at 22%.
- Flagship store in Jaipur (30,000 sq ft) is under development with an investment of ~INR25 crores.
- The company is debt-free post-IPO, with a portion of proceeds held for future working capital and expansion.
- Expansion plans include company-owned stores in metros and franchising in Tier 1 and Tier 2 cities.
Said on the call
“We are not only building a jewellery business, we aspire to build a brand that becomes a source of pride for India, representing Indian craftsmanship, design, and luxury on a global platform too.”
From the Q&A
| Topic | What management said |
|---|---|
| IPO Proceeds Utilization | Debt has been paid, the company is debt-free. A chunk of funds is held for future working capital and expansion; some has been used for new inventory. |
| Inventory & Working Capital | Inventory can be rotated across stores. Working capital needs may increase with retail expansion, but current capital is ample for planned expansion. Most B2B sales are from ready stock. |
| Gold Price Hedging | Gold is typically hedged upon receiving a good advance from the client to lock in margins; otherwise, the price risk is borne by the customer. |
| Flagship Store Investment & ROI | The Jaipur flagship store investment is approximately INR25 crores. It is expected to be operational by November 2026 and will support B2C expansion and act as a hub for other stores. |
| B2C Expansion & Challenges | Aiming for 40-50% B2C mix while growing B2B. Challenges include the cost of creating luxury boutiques and brand building, with plans for a brand ambassador at the flagship store launch. |
| Franchise Model | Franchise partners will fund inventory (~INR6-8 crores per store). Protocols and commercial arrangements are under development, with models expected to be ready in about a month. |
| Demand & Product Strategy | Q1 demand was 78% B2B, 22% B2C, all bridal-related. To manage higher gold prices, the company is creating lighter-weight, design-intensive pieces to stay within customer budgets. |
Guidance
- No formal quantitative guidance provided. Management expressed confidence in continued growth and strong numbers, citing positive Q1 results and market response.
Source
Summary written from the transcript filed by Advit Jewels Limited for the call held on 11 Aug 2026; published 18 Aug 2026, 21:02 IST.
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