Advit Jewels Limited has released the transcript of its Q2 and H1 FY27 earnings conference call held on November 2, 2026. The call provided insights into the company’s financial results, with revenue growing 23.93% year-on-year for the second quarter and 28.6% for the first half. Management discussed strategies for expanding B2C reach, new showroom openings in Delhi and Jaipur, and maintaining strong margins.
Financial Performance Highlights
Advit Jewels Limited has published the transcript from its Q2 and H1 FY27 earnings conference call. During the call, the management highlighted key financial achievements. For the second quarter, revenue saw a significant increase of 23.93% year-on-year, reaching INR 59.1 crores. EBITDA grew by 18.8% to INR 16.4 crores, with a healthy EBITDA margin of 27.8%. Net profit surged by 28% to INR 12.76 crores, expanding the net profit margin by 68 basis points to 21.6%.
For the first half of the fiscal year, revenue grew by an impressive 28.6% year-on-year, amounting to INR 94.5 crores. The EBITDA margin remained strong at 29.8%, and net profit rose by 31.7% to INR 20.95 crores, with a net profit margin expansion of 51 basis points to 22.2%.
Strategic Growth and Expansion
The company is focusing on expanding its business network across India and is preparing for the launch of its flagship showroom in Delhi’s Defence Colony, targeted for Q4 FY27. The Jaipur flagship store is also progressing well. Advit Jewels is increasingly focusing on the B2C segment, with plans to increase B2C contribution to 30% and B2B to 70% in the next fiscal year. The company also discussed its plans for international participation and exploring collaborations with fashion designers.
Operational Insights
During the call, management elaborated on various operational aspects. The effective tax rate is noted to be around 17% to 18% due to a special tax rate for manufacturing companies established in 2019. Inventory increased by INR 27.7 crores in Q2, primarily due to finished goods to cater to upcoming business and showroom launches. The company aims to maintain a uniform margin across its product lines, with expectations for increased margins as the B2C business scales. IPO proceeds of INR 165 crores have been utilized, with INR 65 crores allocated to debt repayment, making the company debt-free from a short-term perspective.
Market Outlook and Consumer Trends
Advit Jewels observes an encouraging shift in consumer preferences in the Indian jewelry market, with growing demand for premium, handcrafted, and design-led jewelry. The company believes its heritage-inspired offerings align well with this trend. Bridal jewelry remains a strong category, with an expected increase in demand. The company highlighted the growing global appreciation for Indian art and handcrafted jewelry, with many international brands adopting similar aesthetics.
Source: BSE
