Utssav CZ Gold Jewels Limited — Investor Meet, 29-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Utssav CZ Gold Jewels reported strong H2/FY26 and FY26 results. H2 FY26 total income grew 88% to INR681 crores, with PAT up 95% to INR30 crores. For FY26, total income rose 79% to INR1157 crores, and PAT surged 136% to INR59 crores, with expanding margins.

Management projects FY27 revenue growth around 60% and 35-40% volume growth, targeting INR4000-5000 crores revenue by FY30. They plan capacity expansion to 6-7 tons/year with INR50 crores in debt-funded capex. A new UAE subsidiary aims to boost exports to 10-20% of sales. Management is confident, citing 112 new clients and 400-500 new designs monthly, seeing no impact from gold price volatility. The company is focused on product and geographic diversification.