Khazanchi Jewellers Ltd

Meeting Details

• Date: Sept 29, 2026; Time: 02:05 PM–03:00 PM.
• Type: Group meeting; Mode: Virtual.
• Organiser: Girik Capital.
• Purpose: Outcome of Analysts/Investors Meeting; Q&A format.
• Company participants: Management attended; roles not disclosed.

Participants

• Company management participated; specific roles not disclosed.

Purpose

• Purpose: Share outcome of the meeting; no UPSI disclosed.

Additional Notes

• Interchanges were Q&A format; no presentation by company officials.
• No UPSI disclosed.

Meeting Details

• Date and time: Sep 29, 2026 at 2:00 PM
• Type/Mode: One-on-One, Virtual
• Organizer: Girik Capital

Participants

• Key company participants: Management representatives

Purpose

• Purpose: Investor interaction; discussions based on generally available information

Additional Notes

• Notes: Schedule subject to change; discussions based on generally available information

Khazanchi Jewellers Ltd: Trading Window closed from October 01, 2026 till 48 hours after Declaration of Unaudited Financial Results for the quarter and half year ended September 30, 2026

Meeting Details

• Date and time: Friday, September 25, 2026 at 11:00 AM (Virtual).
• Type and mode: group investor conference, virtual.
• Event/organiser: Arihant Bharat Connect Conference: Rising Stars 2026.

Participants

• Key company participants: management team to participate in the conference.

Purpose

• Purpose: investor conference participation for investor/analyst discussions.

Additional Notes

• Schedule subject to change due to exigencies of analysts, investors, or the company.

Financial Performance

• Revenue Q1 FY27: INR586.36 crores, +45% YoY.
• EBITDA: INR39.98 crores; margin 6.82%, +158 bps YoY.
• PAT: INR27.83 crores; margin 4.75%, +99 bps YoY.
• EPS: INR11.16; +82.35% YoY.
• Flagship showroom monthly run-rate: INR30-35 crores; flagship revenue target ~INR500 crores.

Growth and Operations

• 3-year growth since listing: revenue INR2,049 crores (FY26); PAT INR89 crores.
• Migration to main board: submission underway; completion expected in ~2 months.
• Revenue target: INR5,000 crores by FY2030; 25-30% CAGR.
• Retail expansion: 8-10 stores by 2030; Tamil Nadu initially.
• ERP rollout improving demand forecasting; replicable for future stores.
• E-commerce rollout planned; lightweight jewellery; B2B product-selection app live.

Capital and Working Capital

• Bank limits: INR100 crores; no long-term debt.
• Inventory level: ~INR460 crores.
• Inventory days: 73 days now; 63 days in Q4 FY26.
• Wholesale working capital days: 40-45; Retail: 100-120 days.
• Borrowings for new store; may increase if expansion requires.
• Old gold exchange: 15-20% of total sales.
• Top 10 B2B clients: none >5-6% of revenue.

Expansion Plans and Capital Allocation

• Target 8-10 new stores by 2030; capex per store not disclosed.
• Asset-light model: future stores leased; some assets may be owned.
• Internal earnings to fund expansion; debt may be raised if required.

Q&A Highlights

• Migration to main board: completion expected in ~2 months.
• FY2030 target: INR5,000 crores; 25-30% CAGR.
• Retail share to 40% by FY2030; 8-10 stores.
• Current flagship store monthly revenue run-rate: INR30-35 crores.
• Top 10 B2B clients: <=5-6% each; diversified base.
• Old gold exchange: 15-20% of total sales.

Meeting Details

• Date: August 25, 2026; time not disclosed.
• Type/Mode: group investor conference call (audio).
• Event: Investor Conference Call.

Participants

• Chairman & Jt. Managing Director; CFO attended.

Purpose

• Discuss Q1FY27 financial results with investors.

Additional Notes

• Recording: audio recording available on the company website.

Meeting Details

• Date and time: Tuesday, 25 August 2026, 04:00 PM IST
• Type and mode: group earnings call, virtual conference
• Event/organiser: Q1 FY27 Earnings Call hosted by Kirin Advisors
• Purpose: discuss Q1 FY27 earnings with investors

Participants

• Chairman & Joint Managing Director appears as management speaker
• Chief Financial Officer appears as management speaker

Key Governance Updates

• Appointed Simran Lodha as Additional Non-Executive Independent Director for 3 years from Aug 18, 2026.
• Appointment is subject to member approval.
• Rithika Bohra resigned as Non-Executive Non-Independent Director effective Aug 18, 2026.
• Reconstituted Audit, Nomination & Remuneration, Stakeholder Relationship, and CSR committees with updated roles.

Q1 FY27 highlights

• Total income for Q1 FY27 rose 45.2% YoY to ₹586.36 Cr.
• EBITDA rose 89.02% YoY to ₹39.98 Cr and EBITDA margin to 6.82%.
• PAT grew 83.66% YoY to ₹27.83 Cr, PAT margin 4.75%.
• EPS stood at ₹11.16, up 82.35% YoY.
• Flagship showroom launch supported stronger retail momentum.

Unaudited quarterly results approved

• Approved unaudited financial results for quarter ended June 30, 2026, along with the statutory auditor's limited review report.