PNGS Reva Diamond Jewellery Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹2,029 Cr
- P/E
- 24.03
- ROE
- 21.01%
- PEG
- 3.11
- Price to sales
- 4.04
- Debt to equity
- 0.33
- EBITDA margin
- 23.31%
- Net profit margin
- 14.73%
- Promoter holding
- 64.77%
- Sales (last year)
- ₹503 Cr
Guidance scorecard · Q2 FY27 call
What PNGS Reva Diamond Jewellery Limited's management guided
and where it ranks in Consumer Durables
Consumer Durables
RevenueQ1 FY27 call
40%+- Expect strong growth supported by expanding retail footprint with 15 new COCO stores planned via IPO proceeds, focusing on Tier-1 and select Tier-2 cities (Maharashtra, North and South India).
- Anticipate significant volume growth, e.g., over 50% increase in diamond carat-weight year-on-year in Q1 FY27.
- Seasonal Q2, Q3, Q4 are expected to be stronger, with Q3 and Q4 traditionally contributing ~65% of annual revenues driven by festive and wedding purchases.
- CEO confident of sustaining growth momentum backed by healthy consumer demand, improving brand recall, and organized jewelry market expansion.
- E-commerce platform launch expected by August 2026 to enhance direct-to-customer reach.
2 more points from PNGS Reva Diamond Jewellery Limited's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
FlatSee what PNGS Reva Diamond Jewellery Limited said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- PNGS Reva Diamond Jewellery Limited is currently focused on expanding its retail footprint primarily through opening new COCO stores.
- They plan to open 15 new COCO stores using IPO proceeds, with two stores already operational.
- Expansion targets Tier-1 cities and selective Tier-2 cities and key metro markets across Maharashtra and North India.
- The expansion strategy is disciplined, focusing on long-term value with thorough location evaluation and feasibility studies.
- No immediate debt is planned to fund expansion; primarily funded through internal accruals and IPO proceeds for the next couple of years.
2 more points from PNGS Reva Diamond Jewellery Limited's call on capex
Create a free account to keep reading this call
FundraisingQ1 FY27 call
PlannedSee what PNGS Reva Diamond Jewellery Limited said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
- Discussion mainly focuses on store expansion plans, financial performance, marketing spends, inventory management, and debt status.
- Planned store openings: 9 exclusive brand outlets (EBOs) this year and 7 next year, all company-owned (COCO model).
- The company anticipates strong demand driven by festive seasons and marketing ramp-up in H2.
- For precise details on current order book/pending orders, direct inquiry to the investor relations or company filings would be advised.
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹166 Cr | 20.3 | |
| 2 | 40%+ | Up 2%+ | ₹100 Cr | 12.7 | |
| 3 | 40%+ | Up 0–2% | ₹3,249 Cr | 17.4 | |
| 4 | 40%+ | Up 0–2% | ₹2,081 Cr | 18.8 | |
| 5 | 40%+ | Flat | ₹2,429 Cr | 41.1 | |
| 6 | PNGS Reva Diamo.This stock | 40%+ | Flat | ₹2,163 Cr | 25.6 |
Sign up free to see every company in the sector ranking and track PNGS Reva Diamond Jewellery Limited.
Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of PNGS Reva Diamond Jewellery Limited
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
PNGS Reva Diamond Jewellery Limited
Shareholding breakup across reporting periods.
| Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|
| Promoters + | 63.09% | 64.77% | 64.77% |
| FIIs + | 5.27% | 4.43% | 3.42% |
| DIIs + | 13.11% | 10.17% | 8.24% |
| Public + | 18.53% | 20.64% | 23.58% |
| No. of Shareholders | 18,803 | 15,921 | 17,742 |
Financials of PNGS Reva Diamond Jewellery Limited
Quarterly Results
Quarter-by-quarter operating performance
| Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales + | 7 | 58 | 54 | 103 | 144 | 138 | 118 | 121 |
| Expenses + | 5 | 50 | 42 | 84 | 111 | 108 | 84 | 92 |
| Operating Profit | 2 | 8 | 12 | 19 | 34 | 31 | 34 | 29 |
| OPM % | 27% | 14% | 22% | 19% | 23% | 22% | 29% | 24% |
| Other Income + | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 5 |
| Interest | 0 | 1 | 2 | 2 | 3 | 3 | 3 | 2 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 2 | 7 | 10 | 17 | 31 | 29 | 36 | 31 |
| Tax % | 0% | 31% | 24% | 25% | 25% | 26% | 25% | 25% |
| Net Profit + | 2 | 5 | 7 | 13 | 23 | 21 | 27 | 23 |
| EPS in Rs | 1.11 | 2.17 | 3.41 | 5.80 | 10.57 | 6.75 | 8.58 | 7.35 |
Financials of PNGS Reva Diamond Jewellery Limited
Profit & Loss
Annual income statement trend
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|
| Sales + | 199 | 196 | 64 | 439 | 521 |
| Expenses + | 130 | 139 | 55 | 344 | 394 |
| Operating Profit | 69 | 56 | 10 | 95 | 127 |
| OPM % | 35% | 29% | 15% | 22% | 24% |
| Other Income + | 0 | 1 | 0 | 2 | 12 |
| Interest | 0 | 0 | 1 | 10 | 11 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 69 | 57 | 9 | 86 | 127 |
| Tax % | 25% | 25% | 25% | 25% | |
| Net Profit + | 52 | 42 | 7 | 65 | 95 |
| EPS in Rs | 3.01 | 20.40 | 33.25 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% |
Financials of PNGS Reva Diamond Jewellery Limited
Balance Sheet
Capital structure and asset base
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Equity Capital | 0.00 | 0.00 | 5 | 32 |
| Reserves | -52 | -28 | 95 | 484 |
| Borrowings + | 0 | 0 | 91 | 170 |
| Other Liabilities + | 176 | 187 | 36 | 30 |
| Total Liabilities | 124 | 158 | 227 | 715 |
| Fixed Assets + | 0 | 0 | 1 | 6 |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 1 | 1 | 0 | 0 |
| Other Assets + | 122 | 157 | 226 | 709 |
| Total Assets | 124 | 158 | 227 | 715 |
Financials of PNGS Reva Diamond Jewellery Limited
Cash Flows
Operating, investing and financing cash movement
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Cash from Operating Activity + | 40 | 18 | 21 | -105 |
| Cash from Investing Activity + | -38 | -18 | -164 | -247 |
| Cash from Financing Activity + | -1 | -0 | 179 | 427 |
| Net Cash Flow | 0 | 0 | 36 | 75 |
| Free Cash Flow | 40 | 18 | 20 | -107 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 83% | 58% | 219% | -90% |
Financials of PNGS Reva Diamond Jewellery Limited
Ratios
Working capital efficiency and return ratios
| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Debtor Days | 0 | 0 | 1 | 2 |
| Inventory Days | 340 | 411 | 1,330 | 386 |
| Days Payable | 24 | 53 | 241 | 23 |
| Cash Conversion Cycle | 315 | 358 | 1,090 | 364 |
| Working Capital Days | 195 | -58 | 345 | 156 |
| ROCE % | 12% | 22% |
Guidance history
How PNGS Reva Diamond Jewellery Limited's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 40%+ | Flat | Planned | Planned | — |
| Q4 FY26 call → | 20–40% | Flat | Planned | Planned | — |
| Q3 FY26 call → | 20–40% | Flat | Planned | Planned | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Continue your research
What PNGS Reva Diamond Jewellery Limited's management said in earlier quarters
Others in Consumer Durables this season
- Golkunda Diamonds & Jewellery Ltd (Q1 FY27)
Expansion includes increasing capacity by 50-60% and diversifying with lab-grown diamond jewellery, which is seen as a key growth driver in domestic and export…
- Symphony Ltd (Q2 FY27)
For the quarter ended 30-Sep-26, the standalone revenue from operations is ₹170 crores, up from ₹155 crores in the same quarter of the prior year, reflecting a…
- V-Guard Industries Ltd (Q2 FY27)
1,852.89 crore, up 38.2% YoY from Rs. Key investor presentation takeaways from V-Guard Industries Ltd's Q2 FY27 investor presentation — and how it ranks against
- Epack Durable Ltd (Q2 FY27)
Q2 FY27 Operating Revenue: ₹4,393 Mn, up 106.0% YoY (Page 7, 6) . Key investor presentation takeaways from Epack Durable Ltd's Q2 FY27 investor presentation — a
