Khazanchi Jewellers Ltd — Updates, 30-05-2025: Company Update

Khazanchi Jewellers Limited has announced a board meeting to discuss the financial results for the quarter and half-year. The company reported strong H2 and full-year results with total income rising to INR1,016 Cr in H2 (up 144.6% YoY) and INR1,773 Cr for FY ’25 (up 115.76%). EBITDA and PAT also showed robust growth, driven by operational efficiency and product diversification including diamond jewellery. The company is set to launch a flagship showroom in Q2 FY ’26 focused on enhancing retail presence, especially in Southern India, and expects it to boost B2C revenue share from 10% to 20%. Inventory turnover has improved significantly, and the company maintains a traditional gold inventory refilling policy to manage price volatility. Expansion plans include opening 5-6 stores over 2-3 years and scaling in-house manufacturing to 20% of production, aiming for 25%+ annual top-line growth. Debt is low (debt-to-equity at 0.11) with possible incremental borrowing for expansion. The focus remains on blending tradition with technology, enhancing margins through higher-value products, and growing both B2B and B2C segments.