Rbz Jewellers Limited · NSE:RBZJEWEL
Rbz Jewellers — Q1 FY27 Earnings Presentation
38 slides from Rbz Jewellers's earnings presentation, Aug 11, 2026
Slide 1: Exchange filing cover letter
11th August 2026 To, To, Department of Corporate Services Listing Department BSE Limited, National Stock Exchange of India P J Towers, Dalal Street, Limited, Mumbai - 400 001 Exchange Plaza, 5th Floor Plot No. C/1, G. Block Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 Security Code: 544060 Sec
Slide 2: RBZ Jewellers Limited Earnings Presentation Q1FY27
RBZ Jewellers Limited Earnings Presentation Q1FY27
Slide 3: Snapshot
Snapshot 30+ Years Leading 2+ Tons 250+ of rich legacy in organized manufacturer annual production team of artisans Jewellery Industry Of Gold Jewellery capacity and craftsmen 20 States & 190+ Clients 30% & 35% ROCE: 29% 72 Cities in wholesale 3 Year Revenue & PAT ROE: 20% across India business CAGR
Slide 4: Company Overview
COMPANY OVERVIEW
Slide 5: Company Overview
Company Overview • Founded in 2008, RBZ Jewellers is a leading organised gold jewellery manufacturer led by the father-son Revenue (INR Mn) & EBIDTA Margin (%) duo of Mr. Rajendrakumar and Mr. Harit Zaveri. 6,365 5,301 • Supplies gold jewellery to leading national retailers through wholesale and job
Slide 6: Business Overview
BUSINESS OVERVIEW
Slide 7: Synergies Across the Value Chain
Synergies Across the Value Chain Manufacturing • In-house design, production & quality control • Faster time-to-market for new trends Retail • Direct brand connect with end consumers • Strengthens brand positioning through control over end-to-end experience Wholesale • Drives economies of scale in m
Slide 8: Retail Business
Retail Business • The Company currently operates with its flagship retail showroom in Ahmedabad in B2C with Brand Revenue (INR Mn) Name “Harit Zaveri Jewellers”. 4,084 3,239 • It was built with the aim of bringing transparency and ethical practices in maintaining and offering the finest quality of J
Slide 9: Product Collections
Product Collections Earnings Presentation 8
Slide 10: Retail Store – Ahmedabad
Retail Store – Ahmedabad Earnings Presentation 9
Slide 11: Progress in Digital Marketing Initiatives
Progress in Digital Marketing Initiatives Social Media Follower Trend Digital Media Campaign 200000 1,85,000 180000 1,70,000 160000 140000 120000 100000 92,000 76,500 80000 60000 40000 33,000 25,000 20000 9,000 0 2020 2021 2022 2023 2024 2025 2026 Earnings Presentation 10
Slide 12: Exhibitions - Retail
Exhibitions - Retail Earnings Presentation 11
Slide 13: Wholesale Business
Wholesale Business • Supply customized, high-quality gold jewellery to leading national and regional retailers across India. Revenue (INR Mn) 2,213 1,977 • Presence in 72+ cities across 20 states, serving marquee clients including Titan, Malabar Gold, and Senco Gold. 1,316 • Strong expertise in Anti
Slide 14: Manufacturing Facility
Manufacturing Facility Located on the Sarkhej Gandhinagar Highway in Ahmedabad, Gujarat. Offering flexible design and manufacturing, blending innovation, Spans approximately 23,966 skilled artisans and select outsourcing to sq.ft and is wholly owned by ensure unique, high-quality products. RBZ Jewel
Slide 15: Manufacturing Process
Manufacturing Process Research Ideate Design Prototype 1 2 3 4 Design Market Research Design Brief Inspiration CAD Modeling CAM Prototyping Sales Feedback Concept Element Technical and Review Sketching Detailing Drawing Trend study Laser Cut/Engraving Die Stamp Element Sales Analysis Mood Boards For
Slide 16: Exhibitions - Wholesale
Exhibitions - Wholesale Earnings Presentation 15
Slide 17: Job Work Services
Job Work Services • Provides design and manufacturing services for leading jewellery retailers, with gold supplied by the Revenue (INR Mn) customer. 84 78 • Highest-margin segment, with revenues generated through making charges and limited working capital 68 requirements. • Enables an asset-light bu
Slide 18: Marquee Clients
Marquee Clients Wholesale Jobwork Earnings Presentation 17
Slide 19: Strategic Overview
STRATEGIC OVERVIEW
Slide 20: Strengths
Strengths Complete control over design Brand built on the core values aesthetics with scalable capabilities of trust, transparency and and continuous innovation aligned innovation to evolving trends Serving diverse client base across India in Wholesale segment, Established systems and including lead
Slide 21: Key Differentiating Factors
Key Differentiating Factors Preference of national retailers Gauge industry trends better • Capability to handle large • Insights into purchasing scale orders and deliver behaviour and understanding consistency in quality and new trends in various zones design across India (we work in • Option to cu
Slide 22: Technology Adoption Across Operations
Technology Adoption Across Operations Advanced Implementation SoP-Driven Manufacturing of SAP (S/4HANA) Work Culture Technology Robust ERP system for strong Standardisation of processes Adoption of latest machinery internal controls and to ensure consistent and and equipment such as streamlined oper
Slide 23: Growth Drivers
Growth Drivers . Shift from Unorganized to Organized Jewellery Retail . Manufacturing Scalability and Utilization Improvements . Asset-Light Growth via Retailer-Supplied Gold Model . Retail Scale-Up through Harit Zaveri Jewellers Earnings Presentation 22
Slide 24: Future Growth Strategies
Future Growth Strategies Expanding ▪ Targeting expansion into the retail segment with 7 new showrooms across Gujarat over the next two Market Footprint Financial Years. Expanding ▪ Targeting maximum utilisation of existing manufacturing capacity by FY26 Manufacturing ▪ Developing the current capacit
Slide 25: Deepening Presence in Gujarat
Deepening Presence in Gujarat Rationale for Expansion in Major Hub Cities of Gujarat: Gujarat’s high per capita income, strong The company is The state’s ~8% entrepreneurial culture, This combination leveraging this advantage contribution to India’s and deep global trade supports robust demand by de
Slide 26: Q1FY27 Financial Overview
Q1FY27 FINANCIAL OVERVIEW
Slide 27: Financial Highlights
Financial Highlights Q1FY27 Financial Performance Revenue from EBITDA EBITDA Margins Operations INR 1208 Mn INR 180 Mn 14.9% PAT PAT Margins Diluted EPS INR 91 Mn 7.5% INR 2.27 Revenue Performance: • Revenue increased by ~60% year-on-year, driven by robust customer demand, higher jewellery sales, an
Slide 28: Segmental Performance
Segmental Performance Retail Revenue (INR Mn) Wholesale Revenue (INR Mn) Job Work Revenue (INR Mn) 1,214 670 775 421 286 456 14 11 12 Q1-FY26 Q4-FY26 Q1-FY27 Q1-FY26 Q4-FY26 Q1-FY27 Q1-FY26 Q4-FY26 Q1-FY27 Retail Revenue (INR Mn) Wholesale Revenue (INR Mn) Job Work Revenue (INR Mn) 4,084 2,213 84 1,
Slide 29: Sales Volume Graph (In Kgs)
SALES VOLUME GRAPH (In Kgs) Sales in Kgs.- Q1 FY27 v/s Q4 FY26 v/s Q1 FY26 221.10 175.47 162.33 98.95 95.27 87.71 77.02 45.50 49.57 45.13 29.12 30.63 Retail Wholesale Jobwork Total Q1 FY26 Q4FY26 Q1FY27 Sales in Kgs Period Retail Wholesale Jobwork Total Q1FY27 49.57 30.63 95.27 175.47 Q4FY26 77.02 4
Slide 30: Operational Highlights
Operational Highlights • Delivered a healthy quarterly performance, with revenue growth in line with the guidance shared in the previous quarter, driven by robust customer demand, higher jewellery sales, and strengthening brand recall. • Participated in 5 jewellery exhibitions/trade shows during Q1
Slide 31: Quarterly Consolidated Income Statement
Quarterly Consolidated Income Statement PARTICULARS (INR Mn) Q1-FY27 Q1-FY26 Y-o-Y Q4-FY26 Q-o-Q Operational Revenue 1,208 756 59.8% 1,895 (36.3)% Total Expenses 1,029 626 64.4% 1,683 (38.9)% EBITDA 179 130 37.7% 212 (15.6)% EBITDA Margins (%) 14.82% 17.20% (238) Bps 11.19% 361 Bps Other Income 1 0.
Slide 32: Annual Consolidated Income Statement
Annual Consolidated Income Statement PARTICULARS (INR Mn) FY26 FY25 Y-o-Y Operational Revenue 6,365 5,301 20.1% Total Expenses 5,446 4,659 16.9% EBITDA 919 642 43.1% EBITDA Margins (%) 14.44% 12.11% 233 Bps Other Income 4 6 (33.3%) Depreciation 43 28 53.6% Finance Cost 141 95 48.4% PBT 739 525 40.8%
Slide 33: Historical Consolidated Income Statement
Historical Consolidated Income Statement PARTICULARS (INR Mn) FY23 FY24 FY25 FY26 Operational Revenue 2,879 3,274 5,301 6,365 Total Expenses 2,501 2,892 4,659 5,446 EBITDA 378 382 642 919 EBITDA Margins (%) 13.13% 11.67% 12.11% 14.44% Other Income 17 4 6 4 Depreciation 14 14 28 43 Finance Cost 83 76
Slide 34: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet PARTICULARS (INR Mn) FY24 FY25 FY26 PARTICULARS (INR Mn) FY24 FY25 FY26 Non-Current Assets Equity a) Property, plant and equipment 263 269 337 a) Equity Share Capital 400 400 400 b) Capital work-in-progress - 25 247 b) Other Equity 1,675 2,050 2,598 c) Rights to
Slide 35: Financial Performance
Financial Performance Operational Income (INR Mn) EBITDA (INR Mn) & EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 990 919 40.0 0% 548 6,365 890 35.0 0% 5,301 790 642 388 30.0 0% 690 25.0 0% 590 3,274 2,879 382 490 20.0 0% 378 223 216 390 15.0 0% 290 13.13% 14.44% 10.0 0% 7.75% 8.61% 190 11.67%
Slide 36: Capital Market Data
Capital Market Data Share Price Movement from 1stJuly 2025 to 30th July 2026 RBZ SENSEX 01-Jul-25 01-Aug-25 01-Sep-25 01-Oct-25 01-Nov-25 01-Dec-25 01-Jan-26 01-Feb-26 01-Mar-26 01-Apr-26 01-May-26 01-Jun-26 Indexed to 100 Price Data (30th June, 2026) INR Shareholding Pattern as on 30th June, 2026 F
Slide 37: Disclaimer
Disclaimer No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not current after the d
Slide 38: Thank You
THANK YOU