Quarterly Updates23 Apr 2026, 08:01 pm
BlueStone Q4 Retail Sales Up 49% YoY; FY26 Revenue Jumps 37.9%
AI Summary
BlueStone Jewellery and Lifestyle Ltd reported a robust Q4 FY26, with retail sales growing 49% YoY to ₹6,877mn. The company achieved a 7.4% operating margin (+537bps YoY) and a Pre-IndAS EBITDA of ₹509mn, up 443% YoY. For the full FY26, revenue increased 37.9% YoY to ₹24,412mn, with Pre-INDAS EBITDA soaring 949% to ₹1,806mn, and operating margin improving significantly to 7.4% from 1% in FY25. The distribution network expanded to 340 stores across 134 cities. Same-store sales growth (SSSG) for Q4 FY26 was strong at 34%, recovering from Q3 impacts. BlueStone focused on redesigning its entry-level portfolio due to gold price increases and highlighted the strength of its omni-channel strategy and vertically integrated model.
Key Highlights
- Q4 FY26 retail sales surged 49% YoY to ₹6,877mn.
- FY26 revenue grew 37.9% YoY to ₹24,412mn.
- Operating margin improved to 7.4% in FY26 from 1% in FY25.
- Q4 FY26 same-store sales growth (SSSG) was a robust 34%.
- Expanded distribution to 340 stores across 134 cities.