Utssav CZ Gold Jewels Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 31 May 2026 | Consumer Durables | Market Cap: ₹1.2K Cr

The company targets around 60% revenue growth for FY27. The company targets a 60% revenue growth for FY27, driven by 35%-40% volume growth and 15%-20% price growth.

From Utssav CZ Gold Jewels Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

482

Market Cap

₹1.2K Cr

P/E Ratio

20.7

Revenue Rank

Rank 1

Margin Rank

Rank 3

How does Utssav CZ Gold Jewels Ltd rank in Consumer Durables?

Compare Utssav CZ Gold Jewels Ltd against every Consumer Durables company this quarter on revenue, margins and earnings-call signals.

Revenue: Rank 1Margin: Rank 3
View Consumer Durables leaderboard →

📊 Revenue & Sales Performance

Rank 1
  • The company targets around 60% revenue growth for FY27.
  • Volume growth guidance is approximately 35% to 40% for FY27.
  • Price growth is assumed to be around 15% to 20%.
  • Long-term revenue target is INR 4,000 to 5,000 crores by FY30.
  • Continued onboarding of new customers with over 100-200 new clients expected this year.
  • Expansion into international markets like UAE, GCC, Singapore, Malaysia, and Australia.
  • Increasing contribution from high-margin products such as natural diamond and lab-grown diamond jewellery.
  • Capacity expansion planned from current 2.5 tons to about 6-7 tons per year to support growth.
  • Additional funds of around INR 50 crores to be raised via debt to support expansion.
  • Sustained EBITDA margin expected around 7% to 8% and PAT margin around 4% to 4.5%.

📈 Profitability & Margins

Rank 3
  • The company targets a 60% revenue growth for FY27, driven by 35%-40% volume growth and 15%-20% price growth.
  • EBITDA margin is expected to be in the range of 7%-8%, with a PAT margin around 4%-4.5%, excluding gold price appreciation.
  • EPS (Diluted Earnings Per Share) for H2 FY26 was INR 23.95, showing a 106% increase YoY, indicating strong earnings growth momentum.
  • The company aims to maintain sustainable PAT margin of approximately 4%-4.5% driven by diversification into plain gold jewelry, natural diamond, and lab-grown diamond segments.
  • Additional funding of around INR 50 crore planned via bank borrowing to support expansion and growth.
  • Long-term growth guidance includes targeting INR 4,000 - 5,000 crore business by 2030.
  • Expansion to new geographies like UAE and GCC for international revenue growth to 10%-20% of total sales.

🏗️ Capital Expenditure Plans

Yes
  • The company plans a capex of around INR 50 crores for the current year.
  • This investment is aimed at expanding manufacturing capabilities, including acquiring more buildings to increase capacity from the current 2,500 kg to around 6 to 7 tons per year.
  • They are expanding production infrastructure supported by automation and technology upgrades.
  • A new building of around 20,000 to 25,000 square feet is being sought to support growth.
  • The establishment of a wholly owned subsidiary in the UAE (Dubai) is a strategic move for international expansion to strengthen export coordination and global market penetration.
  • Focus on R&D and design capabilities enhancement to cater to evolving consumer preferences and trends.
  • Continued efforts to increase contribution from high-margin categories like natural diamond and lab-grown diamond jewelry.

💰 Fundraising & Capital Structure

Yes
  • Utssav CZ Gold Jewels Limited plans to raise additional funds of around INR 50 crores.
  • The company intends to raise this amount through borrowing from banks (debt).
  • The debt-equity ratio will remain comfortably below 1x.
  • No mention of raising funds through equity in the near future was indicated during the call.

📋 Order Book & Pipeline

No information
  • The transcript does not explicitly provide specific details on the current or expected order book or pending orders for Utssav CZ Gold Jewels Limited.
  • However, management highlighted strong demand visibility driven by festive and wedding seasons.
  • The company onboarded 112 new clients during FY26, significantly expanding its retailer network and market presence.
  • They expect continued growth with approximately 60% revenue growth guidance for FY27.
  • New product lines like plain gold jewelry, natural diamond, and lab-grown diamond jewelry are increasing order inflow.
  • The company is expanding capacity with new buildings to meet rising demand, planning to increase capacity from 2.5 tons to around 6-7 tons annually.
  • Demand in both domestic and international markets (UAE and GCC region) is expected to grow due to new offices and subsidiaries.
  • Overall, the company is optimistic about a strong and growing order pipeline.

Key Metrics

Revenue

Rank 1

Margin

Rank 3

Capex

Yes

Fundraise

Yes

Order Book

No information

Frequently Asked Questions

What were Utssav CZ Gold Jewels Ltd Q4 FY26 results?

The company targets around 60% revenue growth for FY27. The company targets a 60% revenue growth for FY27, driven by 35%-40% volume growth and 15%-20% price growth.

What is Utssav CZ Gold Jewels Ltd share price analysis?

Utssav CZ Gold Jewels Ltd currently shows a strong growth signal based on ranking data. The stock trades at a P/E of 20.7 with a market cap of ₹1,225 Cr. Investors should review the full earnings analysis for detailed insights.

Is Utssav CZ Gold Jewels Ltd planning capital expenditure?

The company plans a capex of around INR 50 crores for the current year.

Keep Utssav CZ Gold Jewels 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 concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.

What Utssav CZ Gold Jewels Ltd's management said in earlier quarters

Others in Consumer Durables this season

  • Titan Company (Q4 FY26)

    Buyer growth returned to 8% in Q4 helped by exchange campaigns, new diamond collections, and wedding purchase advancements, indicating sustainable demand…

  • PNGS Reva Diamo. (Q4 FY26)

    Existing 34 Shop-in-Shops (SIS) generate approximately INR 350 crores in revenue collectively. Key concall takeaways from PNGS Reva Diamo.'s Q4 FY26 earnings…

  • Cera Sanitary. (Q4 FY26)

    Sanitaryware segment revenue to grow around 12%, driven by volume growth of 7-8% and price increases of 5-6%. Key concall takeaways from Cera Sanitaryware…

  • Kalyan Jewellers (Q4 FY26)

    Sales performance and margins (Candere's gross margins in the mid-30s due to >70% studded ratio) . Key concall takeaways from Kalyan Jewellers's Q4 FY26…