RBZ Jewellers Limited (RBZJEWEL) Earnings Call Transcripts
RBZ Jewellers Limited's Latest Earnings Call - Q4 FY2026
In Q4 FY '26, RBZ Jewellers Limited reported a robust revenue of INR 190 crores, reflecting a 38% year-on-year growth, driven by strong festive demand. The company's EBITDA grew by 46% to INR 21 crores, with margins improving to 11.19%. For the full fiscal year, revenue reached INR 637 crores, a 20% increase, while profit after tax rose by 41% to INR 55 crores. Management maintained a cautious outlook amid recent regulatory changes affecting gold imports, signaling potential impacts on future volumes and margins.
Reported metrics
| Metric | Value |
|---|---|
| Revenue | INR 190 crores (beat) |
| EBITDA | INR 21 crores (beat) |
| Profit After Tax | INR 12 crores (beat) |
| EBITDA Margin | 11.19% (positive) |
| Full Year Revenue | INR 637 crores (beat) |
| Full Year Profit After Tax | INR 55 crores (beat) |
Guidance from management
Management did not provide specific guidance for FY '27, citing uncertainty due to recent regulatory changes affecting gold imports. They emphasized a cautious approach, stating, "let us wait and watch" regarding market reactions.
What management said
Correct. Correct. So again, I think I had answered this. So there will be a transfer of stock in terms of KGs. But your fundamental question was that if we are allocating some rupees, then will it get reduced? The answer is no. Why? Because people generally when the gold prices are rising, still their value does not -- that the budget does not change, [Foreign Language] like for an example. Okay. Now [Foreign Languag...
We want to stay -- to keep the debt levels at 1:1 ratio ideally or 1:1 point, maybe leverage to 1.4, 1.5. But generally, right now, I think for these 4 showrooms, it will be around 1:1.2 for this fiscal year that I am understanding.
What analysts pressed on
Analysts expressed concerns about the potential impact of increased customs duties on gold imports and how it might affect consumer demand and margins. Management acknowledged these concerns but indicated that they are monitoring the situation closely.
Main topics on the call
- Strong Revenue Growth — RBZ Jewellers achieved a revenue of INR 190 crores for Q4 FY '26, marking a 38% year-on-year increase, attributed to festive demand during Akshaya Tritiya. Management noted, "the growth momentum was supported by festive ...
- Improved Profitability Metrics — The company's EBITDA for the quarter was INR 21 crores, reflecting a 46% growth with EBITDA margins improving to 11.19%, up 63 basis points year-on-year. This indicates enhanced operational efficiency.
- Expansion Plans — Management announced plans to expand retail presence in Gujarat, targeting new stores in Surat and Rajkot by Q2 FY '27. They stated, "we are now planning to expand in other key Gujarat markets, including Surat and Rajkot...
- Concerns Over Regulatory Changes — Analysts raised concerns regarding the impact of increased customs duties on gold imports, to which management responded that they are monitoring market reactions closely. Zaveri mentioned, "we are also understanding wha...
Read the full RBZ Jewellers Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About RBZ Jewellers Limited
RBZ Jewellers Limited (RBZJEWEL) is a publicly listed company in the Textiles, Apparel and Luxury Goods industry, within the Consumer Discretionary sector. It trades on NSEI and is based in IN. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 8 calls on record spanning February 21, 2024 to May 15, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 8 RBZ Jewellers Limited earnings call transcripts on record, spanning February 21, 2024 to May 15, 2026. Based on this history, RBZ Jewellers Limited reports semi-annually. The most recent call on file is dated May 15, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- RBZJEWEL
- Exchange
- NSEI
- Country
- IN
- Sector
- Consumer Discretionary
- Calls on record
- 8
- First call
- February 21, 2024
- Most recent
- May 15, 2026
- Reporting cadence
- semi-annually
| Quarter | Date | |
|---|---|---|
| Q4 FY2026 | May 15, 2026 | Read transcript → |
| Q3 FY2026 | Feb 16, 2026 | Read transcript → |
| Q4 FY2025 | May 13, 2025 | Read transcript → |
| Q3 FY2025 | Feb 12, 2025 | Read transcript → |
| Q2 FY2025 | Nov 14, 2024 | Read transcript → |
| Q1 FY2025 | Aug 20, 2024 | Read transcript → |
| Q4 FY2024 | May 22, 2024 | Read transcript → |
| Q3 FY2024 | Feb 21, 2024 | Read transcript → |