Latest: RBZ Jewellers Ltd Q1 FY27 results →All Q3 FY26 results →
RJ

RBZ Jewellers Ltd

Q3 FY26Consumer Durables

RBZ Jewellers Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management said on revenue, margins and capex.

Price₹138
Market cap₹599 Cr
P/E10.9
Updated23 Aug 2026
Read4 min read

RBZ Jewellers Ltd Q3 FY26 key numbers

Revenue
Retail segment expected to grow strongly with 2-3 new stores opening next year in Surat (INR 150 crores expected revenue) and Rajkot (INR 125 crores expected revenue), plus two stores in eastern Ahmedabad.

As stated in RBZ Jewellers Ltd's Q3 FY26 earnings call transcript · published 3 Aug 2026. Reported figures, not investment advice.

The short version

RBZ Jewellers expects revenue around INR 630-650 crores for FY '27, roughly doubling from around INR 320 crores at IPO. Guidance for FY '27 expects revenue around INR800-900 crores with PAT between INR55-60 crores.

From RBZ Jewellers Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • RBZ Jewellers expects revenue around INR 630-650 crores for FY '27, roughly doubling from around INR 320 crores at IPO.
  • PAT guidance is INR 55-60 crores for next year, maintaining consistent bottom-line growth.
  • Volume growth is expected to be subdued this year due to higher gold prices, with volumes around 800 kg vs 1300 kg last year, but volumes may pick up next year with new store openings.
  • Retail segment expected to grow strongly with 2-3 new stores opening next year in Surat (INR 150 crores expected revenue) and Rajkot (INR 125 crores expected revenue), plus two stores in eastern Ahmedabad.
  • Marketing expenses will initially be high but expected to decrease as a percentage of revenue as stores mature.

2 more points from RBZ Jewellers Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what RBZ Jewellers Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • RBZ Jewellers is opening 2-3 new stores by the upcoming festive season: one in Surat (~10,000 sq ft), one in Rajkot (~12,000 sq ft), and two in Eastern Ahmedabad.
  • Inventory capex for new stores is estimated at around INR150 crores; total additional inventory investment including internal accruals and debt could be approximately INR250 crores.
  • Capex breakeven for new stores is expected within 1 to 1.5 years.
  • Store openings have been strategically delayed to align with the peak retail season (July-August) for maximum marketing impact and sales.

2 more points from RBZ Jewellers Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

Guidance-ranked
1Nanta Tech
Rev 1Mar 1
Rev 1Mar 1
3
Rev 1Mar 2
4
Rev 1Mar 2
5
Rev 1Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what RBZ Jewellers Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of February 16, 2026, RBZ Jewellers has pilot tested 18-carat occasion wear jewelry in Q3, with corporate orders expected to start around Akshaya Tritiya.
  • Expected orders are coming in well, with positive outlook despite gold price volatility.
  • The transition from B2B to B2C is ongoing, with retail growth accelerating.
  • The management anticipates demand due to their strategic vendor status with corporates.

2 more points from RBZ Jewellers Ltd's call on order book

Create a free account to keep reading this call

RBZ Jewellers Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹189 Cr, net profit ₹12 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Others in Consumer Durables this season

  • Nitco Ltd (Q3 FY26)

    Q3 FY26 revenue from operations: INR 131.18 crore, up 56% YoY from INR 84.05 crore in Q3 FY25. Key investor presentation takeaways from Nitco Ltd's Q3 FY26 inve

  • La Opala RG Ltd (Q3 FY26)

    Year-on-Year (Y-o-Y) change in revenue: -7.44% . Key investor presentation takeaways from La Opala RG Ltd's Q3 FY26 investor presentation — and how it ranks aga

  • Global Surfaces Ltd (Q3 FY26)

    Q3-FY26 revenue from operations: INR 593 Mn (28.6% YoY increase from INR 461 Mn in Q3-FY25) [Page 22] . Key investor presentation takeaways from Global Surfaces

  • PC Jeweller Ltd (Q3 FY26)

    875 crores, up 37% YoY from Rs. Key investor presentation takeaways from PC Jeweller Ltd's Q3 FY26 investor presentation — and how it ranks against sector peers

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

RBZ Jewellers Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were RBZ Jewellers Ltd Q3 FY26 results?

RBZ Jewellers expects revenue around INR 630-650 crores for FY '27, roughly doubling from around INR 320 crores at IPO. Guidance for FY '27 expects revenue around INR800-900 crores with PAT between INR55-60 crores.

What is RBZ Jewellers Ltd share price analysis?

RBZ Jewellers Ltd currently shows a neutral. The stock trades at a P/E of 10.9 with a market cap of ₹599 Cr. Investors should review the full earnings analysis for detailed insights.

Is RBZ Jewellers Ltd planning capital expenditure?

RBZ Jewellers is opening 2-3 new stores by the upcoming festive season: one in Surat (~10,000 sq ft), one in Rajkot (~12,000 sq ft), and two in Eastern Ahmedabad.

Keep RBZ Jewellers Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.