Deepa Jewellers Limited has reported robust financial performance for the second quarter and first half of fiscal year 2027. Revenue from operations saw a year-on-year increase of 24.6% in Q2 FY27 and 30.1% in H1 FY27. Profit After Tax (PAT) also demonstrated strong growth, rising by 37.1% in Q2 and 31.9% in H1. The company attributes this performance to increased sales and operational efficiencies, with PAT margins showing improvement.
Deepa Jewellers Limited Reports Strong Q2/H1-FY27 Financials
Deepa Jewellers Limited announced its unaudited financial results for the second quarter and half year ended September 30, 2026, highlighting significant year-on-year growth across key financial metrics.
Q2 FY27 Performance
- Revenue from Operations surged by 24.6% YoY to INR 6,256 Mn.
- EBITDA increased by 17.1% YoY to INR 453 Mn, with EBITDA margins at 7.24%.
- Profit After Tax (PAT) grew by an impressive 37.1% YoY to INR 373 Mn.
- PAT Margins improved to 5.96%.
- Diluted EPS stood at INR 4.10, a 22.8% increase YoY.
H1 FY27 Performance
- Revenue from Operations rose by 30.1% YoY to INR 10,567 Mn.
- EBITDA saw a 24.3% YoY increase to INR 840 Mn, with EBITDA margins at 7.95%.
- Profit After Tax (PAT) grew by 31.9% YoY to INR 641 Mn.
- PAT Margins improved to 6.07%.
- Diluted EPS was INR 7.42, a 25.5% increase YoY.
Operational Highlights
The company commenced operations at its in-house manufacturing facility in Hyderabad, enhancing internal capabilities. Revenue growth was attributed to strong festive demand, with H1 contributing approximately 40% of the annual revenue and the second half expected to see further growth. Gross margin remained resilient, and EBITDA performance was supported by improved gross margin and controlled employee expenses. PAT growth was bolstered by higher other income and a lower tax outgo.
Segmental Performance
Total Operational Revenue for Q2-FY27 reached INR 6,256 Mn, with Processing & Manufacturing Revenue at INR 6,198 Mn and Job Work Service Revenue at INR 57 Mn. Total Volume stood at 809 Kgs for Q2-FY27.
For H1-FY27, Total Operational Revenue was INR 10,567 Mn, with Processing & Manufacturing Revenue at INR 10,444 Mn and Job Work Service Revenue at INR 120 Mn. Total Volume for H1-FY27 was 1,327 Kgs.
Source: BSE
