Utssav Cz Gold Jewels Limited · NSE:UTSSAV
Utssav Cz Gold Jewels — H2 FY26 Earnings Presentation
33 slides from Utssav Cz Gold Jewels's earnings presentation, May 25, 2026
Slide 1: Exchange filing cover letter
Date: May 25, 2026 To, National Stock Exchange of India Limited SME Exchange Exchange Plaza, Bandra Kurla Complex, Bandra (East), Mumbai 400051 Maharashtra Ref.: Security NSE SYMBOL ISIN Equity Shares UTSSAV INE06IJ01010 Sub: Investor Presentation Dear Sir, Pursuant to Regulation 30 of the SEBI (Lis
Slide 2: Utssav CZ Gold Jewels Limited Investor Presentation
Utssav CZ Gold Jewels Limited Investor Presentation
Slide 3: Safe Harbour Statement
Safe Harbour Statement This presentation and the accompanying slides (the “Presentation”), which have been prepared by Utssav CZ Gold Jewels Limited (Utssav, The Company) solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any se
Slide 4: About Utssav CZ Gold Jewels Limited
About Utssav CZ Gold Jewels Limited Established in 2007, Utssav CZ Gold Jewels Limited specializes in the designing, manufacturing, wholesaling and exporting of gold jewellery & diamond jewellery. The Company offers a wide collection of 18K, 20K, and 22K CZ (Cubic Zirconia) and Rose Gold jewellery i
Slide 5: Strong Operating Metrics
Strong Operating Metrics 18 23 B2B Focus 430+ Years of Excellence States Presence Client Network Touch Points 8,275 Sq. Ft. 100% 2,000 Kgs ~ 65% Facility In-House Production Annual Capacity Utilization 70k+ 50+ FY26 FY26 Designs in Library CAD Designers ₹1157.46 Cr — Total Income 29.84% — ROE ₹93.70
Slide 6: Proven Track Record Of Growth
Proven Track Record Of Growth 2026 Receives Board Approval to Incorporate Wholly-Owned UAE Subsidiary 2025 Crossed ₹600 Cr Revenue; Entered Lab-Grown Diamond Segment Successfully Listed on 2024 NSE Emerge CZ Jewellery Output Doubled 2023 From 750 Kg To 1,500 Kg 2018 Began 18K Rose Gold Jewellery Pro
Slide 7: Experienced Leadership Driving Operational Excellence
Experienced Leadership Driving Operational Excellence Mr. Hitesh Chhajed Mr. Pankaj Jagawat Mr. Shashank Jagawat Mr. Sunil Agarwal Ms. Ishika Bansal Non-Executive, Managing Director Whole-Time Director Independent Director Independent Director Non-Independent Director Key Managerial & Senior Managem
Slide 8: From Concept To Creation: Precision Crafted At Every Step
From Concept To Creation: Precision Crafted At Every Step Inspiration Meets Turning Wax to Gold Perfecting Every Innovation Detail 18K/20K/22K alloys New designs cast under vacuum Multi-stage polishing conceptualized by in- systems for flawless and ultrasonic house CAD experts purity cleaning for pe
Slide 9: A Glimpse Of Manufacturing Facility
A Glimpse Of Manufacturing Facility Investor presentation 8
Slide 10: Integrated Manufacturing Excellence
Integrated Manufacturing Excellence Skilled FY26 Agile Turnaround Andheri (Mumbai) Area Installed Capacity Workforce Utilization from Design to Location 8,275 sq. ft. 1,500 kg/year 50 designers, 80+ ~ 65% Delivery (<30 days) artisans Accelerated Design Creation Precision Manufacturing 400+ new CAD d
Slide 11: Expansion Roadmap – Strengthening Scale, Capacity & Capabilities
Expansion Roadmap – Strengthening Scale, Capacity & Capabilities Capacity Enhancement Technology & Automation Upgrade Infrastructure Strengthening • Steps initiated to expand annual • CAM Machine: Enables computer-aided precision • Existing 8,275 sq. ft. Andheri production capacity to 2.5 tonnes. ma
Slide 12: Diversified Product Range Targeting Broad Customer Segments
Diversified Product Range Targeting Broad Customer Segments 7+ 70k+ 400+ 14K, 18K, ~10 gm Product Designs in New Designs 20K, 22K Average Weight Categories Library Monthly Karats per Piece Rings Earrings Pendants Necklaces Bracelets Watches Brooches Investor presentation 11
Slide 13: Expanding Portfolio: Entering New Jewellery Segments
Expanding Portfolio: Entering New Jewellery Segments Strategic StrategicDiversification Diversification Strategic Impact Strategic Impact Plain Gold Casting Jewellery Entry into diamond jewellery marks a key Enhancing design-led craftsmanship diversification milestone. Natural Diamond Jewellery High
Slide 14: Trusted by India's Leading Jewellers for Design, Quality & Reliability
Trusted by India’s Leading Jewellers for Design, Quality & Reliability Partner Benefits & Value Proposition Trend-Aligned Designs Bespoke Collections Faster Turnaround Assured Quality & Purity Sustainable Offerings Constantly refreshed Unique retailer-specific Integrated design-to-delivery 100% in-h
Slide 15: Strategic Network Across India's Core Jewellery States
Strategic Network Across India’s Core Jewellery States 23 States 430+ Customer Presence Retailers & Distributors 85%+ 20+ Repeat Business Sales Team State wise contribution Amount (In ₹ Cr) % Maharashtra 717.47 62.12% Tamil Nadu 89.03 7.71% Uttar Pradesh 62.19 5.39% Delhi 20.82 1.80% Gujarat 41.95 3
Slide 16: Participation In Renowned Jewellery Exhibitions
Participation In Renowned Jewellery Exhibitions Investor presentation 15
Slide 17: Growth Strategies
Growth Strategies Expanding Market Reach Strong B2B presence with a growing network of retailers and wholesalers. Targeting expansion into high-potential Tier II & III cities to deepen market penetration. Product Diversification Expanding portfolio into Plain Gold, Natural Diamond, and Lab-Grown Dia
Slide 18: Indian Jewellery Industry Overview
Indian Jewellery Industry Overview Large & Growing Market India’s Gems & Jewellery Industry Market Size India’s Gems & Jewellery market size as of January 2025, stood at Rs. 7,31,255 (In $ Bn) (US$ 85 billion) and is likely to expand to Rs.11,18,390 (US$ 130 billion) by 2030. 140 130 Key Economic Co
Slide 19: Glittering Prospects: Organized Players Driving Jewellery Industry
Glittering Prospects: Organized Players Driving Jewellery Industry 46% Share Of Organized Players In Jewellery Consumer Confidence & Branding Policy & Regulatory Tailwinds Sector 45% Rising awareness and brand BIS hallmarking, GST, and export- 45% consciousness are pushing buyers linked incentives a
Slide 20: H2 FY26 Key Financial Performance
H2 FY26 Key Financial Performance (All Amount In ₹ Cr & Margins In %) Total Income EBITDA EBITDA Margin PAT PAT Margin 800 6.00% 60 8.00% 700 681 42 7.15% 6.75% 7.00% 49 5.00% 50 600 4.35% 35 6.00% 4.19% 30 4.00% 500 40 28 5.00% 363 400 3.00% 30 4.00% 21 300 24 3.00% 15 2.00% 20 14 200 2.00% 1.00% 1
Slide 21: H2 FY26 Profit & Loss Statement
H2 FY26 Profit & Loss Statement (In ₹ Cr) Particulars H2 FY25 H2 FY26 YOY Revenue 361.79 679.49 Other Income 0.85 1.52 Total Income 362.63 681.00 87.79% Raw Material Expenses 333.50 625.64 Employee Costs 1.43 2.89 Other Expenses 3.25 3.81 Total Expenditure 338.17 632.33 EBITDA 24.47 48.67 98.95% EBI
Slide 22: Mr. Pankaj Jagawat, Managing Director
Mr. Pankaj Jagawat, Managing Director “We are pleased to deliver robust growth momentum during FY26, reporting revenue growth of 79% for FY26 and 88% in H2 FY26, driven by healthy festive and wedding season demand, repeat orders from existing customers, and the addition of 112 new clients. During th
Slide 23: FY26 Financial Highlights
FY26 Financial Highlights Year On Year Sales Growth Fixed Asset Turnover Interest Coverage Return on Equity 88% 135 Times 7 Times 30% Year on Year Return on capital Profit Growth Employed Debt to Equity Book Value Per share 136% 24% 0.94 Times ₹ 83 Investor presentation 22
Slide 24: Key Financial Performance
Key Financial Performance (All Amount In ₹ Cr & Margins In %) Total Income EBITDA EBITDA Margin PAT PAT Margin 1400 1200 1157 7.00% 8.10% 77 6.70% 6.23% 5.10% 94 100 70 1000 5.00% 5.00% 63 3.76% 3.87% 59 80 56 800 3.00% 0.00% 49 648 60 42 600 1.00% -5.00% 35 40 40 28 25 400 342 -10.00% -1.00% 21 23
Slide 25: Balance Sheet
Balance Sheet (In ₹ Cr) Equities & Liabilities FY24 FY25 FY26 Assets FY24 FY25 FY26 Equity 16.80 23.82 24.15 Non-Current Assets Reserves And Surplus 18.42 102.97 169.03 Fixed assets 11.57 8.18 8.56 Money Received against Warrant - - 4.72 Non-Current Investments 0.10 0.00 0.00 Total Equity 35.22 126.
Slide 26: Profit & Loss Statement & Cashflow Highlights
Profit & Loss Statement & Cashflow Highlights (In ₹ Cr) Particulars FY24 FY25 FY26 Revenue 340.20 646.32 1,154.90 Other Income 1.65 1.35 2.56 Total Income 341.85 647.67 1,157.46 Raw Material Expenses 314.25 600.05 1,052.60 Employee Costs 1.92 2.42 4.35 Other Expenses 2.78 4.86 6.81 Total Expenditure
Slide 27: Karat Wise Revenue Bifurcation
Karat Wise Revenue Bifurcation (In %) FY24 (In %) FY25 (In %) FY26 36.64% 27.83% 59.50% 40.28% 1.24% 70.93% 0.42% 62.94% 0.22% 18 Karat Jewellery 20 Karat Jewellery & Others 22 Karat Jewellery (In ₹ Cr) Particulars FY24 FY25 FY26 18 Karat Jewellery 241.31 406.82 465.15 20 Karat Jewellery & Others 4.
Slide 28: Geography Wise Revenue Bifurcation
Geography Wise Revenue Bifurcation (In %) FY24 FY25 (In %) FY26 (In %) 4.71% 1.75% 0.82% 95.29% 98.25% 99.18% Domestic Exports (In ₹ Cr) Particulars FY24 FY25 FY26 Domestic 324.21 635.00 1,145.43 Exports 15.98 11.32 9.47 Total Revenue 340.20 646.32 1,154.90 Investor presentation 27
Slide 29: Key Ratios
Key Ratios (In %) (In Times) (In Days) ROE ROCE Current Ratio 50.00% Receivable Turnover Ratio 1.97 1.91 8.00 6.75 44.00% 36.48% 7.00 38.00% 5.99 5.92 29.84% 32.00% 6.00 1.35 5.00 19.76% 26.00% 4.00 24.02% 20.00% 20.59% 14.00% 3.00 15.23% 8.00% 2.00 1.00 2.00% 0.00 FY24 FY25 FY26 -4.00% FY24 FY25 FY
Slide 30: Stock Data
Stock Data As On 22-05-2026 As On 31-03-2026 NSE (UTSSAV | INE06IJ01010) Share Holding Pattern Share Price (₹) 285.10 30.43% Market Capitalization (₹ Cr) 688.46 No. of Shares Outstanding 2,41,48,000 Promoter & Promoter Group Public Face Value (₹) 10.00 52-week High-Low (₹) 288 – 160.05 69.57% Share
Slide 31: SWOT Analysis
SWOT Analysis Strengths Weakness • 18+ years of legacy with strong design-to- • 50% revenue from top 10 customers delivery expertise • Limited export base (~2% of total revenue) • 100% in-house manufacturing ensuring quality and cost control • Single facility restricting immediate scalability • Dive
Slide 32: Attractive Investment Proposition Backed By Sustainable Profitability
Attractive Investment Proposition Backed By Sustainable Profitability Brand Recognition Recognized for craftsmanship and reliability in B2B jewellery space Established Domestic Presence with Repeat Clientele Presence across 23 states & 2 UTs with 430+ retailers & distributors and 85%+ repeat busines
Slide 33: Utssav CZ Gold Jewels Limited
Utssav CZ Gold Jewels Limited 2nd Floor, Hitech Plaza, Giriraj Indl Estate Mahakali Caves Road, Andheri (East), Mumbai- 400093, India E-mail: info@utssavjewels.com Phone: +91 70457 78992 Website: www.utssavjewels.com Kirin Advisors Private Limited 713-B, Lodha Supremus II, Wagle Estate, Thane West –
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