Loading…
Khazanchi Jewellers (BSE 543953)₹707.40−1.75%Gems, Jewellery And Watches
In the Mar 2026 quarter (standalone), Khazanchi Jewellers reported sales of ₹508 Cr, down 18.2% from Mar 2025, and net profit of ₹25.99 Cr, up 99.8% year on year. For the year to Mar 2026, sales were ₹2,051 Cr and net profit ₹88.96 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Jun 2023 | Dec 2023 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 187 | 208 | 381 | 375 | 394 | 622 | 404 | 549 | 589 | 508 |
| Expenses | 182 | 198 | 369 | 361 | 379 | 604 | 385 | 518 | 557 | 473 |
| Operating Profit | 5.98 | 9.96 | 12.96 | 14.96 | 15.96 | 18.95 | 20.95 | 31.88 | 34.89 | 36.86 |
| OPM % | 3.4% | 5.0% | 3.5% | 4.0% | 4.1% | 3.1% | 5.0% | 6.0% | 6.0% | 7.0% |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Interest | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 1.01 | 3.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 5.01 | 8.99 | 12.01 | 14.99 | 15.01 | 17.99 | 20.01 | 32.01 | 34.02 | 35.02 |
| Tax % | 46.0% | 37.0% | 26.0% | 26.0% | 19.0% | 32.0% | 25.0% | 25.0% | 26.1% | 27.0% |
| Net Profit | 2.99 | 5.99 | 9.01 | 11.01 | 11.99 | 13.01 | 14.99 | 23.99 | 25.01 | 25.99 |
| EPS (Rs) | 1.56 | 2.35 | 3.73 | 4.37 | 5.02 | 5.08 | 6.13 | 9.55 | 10.17 | 10.36 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 361 | 382 | 257 | 481 | 822 | 1,772 | 2,051 | 2,051 |
| Expenses | 354 | 376 | 250 | 467 | 783 | 1,715 | 1,932 | 1,932 |
| Operating Profit | 7.98 | 7.97 | 7.98 | 15.96 | 40.89 | 63.84 | 125 | 125 |
| OPM % | 2.2% | 2.0% | 2.9% | 3.2% | 5.0% | 3.6% | 6.0% | 6.1% |
| Other Income | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 0.99 |
| Interest | 6.01 | 5.01 | 4.01 | 6.01 | 5.01 | 4.01 | 6.01 | 6.04 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.00 |
| Profit before tax | 2.99 | 3.99 | 4.01 | 10.01 | 36.99 | 60.99 | 121 | 121 |
| Tax % | 24.1% | 24.0% | 23.0% | 26.0% | 26.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 1.99 | 2.99 | 2.99 | 8.01 | 26.99 | 45.01 | 88.96 | 89.98 |
| EPS (Rs) | — | — | — | — | 11.07 | 18.22 | 36.20 | 36.21 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9.98 | 9.97 | 9.98 | 9.97 | 24.92 | 24.91 | 24.92 |
| Reserves | 13.02 | 15.99 | 19.01 | 26.02 | 163 | 207 | 295 |
| Borrowings | 77.86 | 74.87 | 83.83 | 84.84 | 54.89 | 64.84 | 110 |
| Other Liabilities | 2.99 | 12.94 | 11.94 | 23.89 | 11.94 | 9.95 | 35.82 |
| Total Liabilities | 104 | 113 | 124 | 145 | 254 | 305 | 465 |
| Fixed Assets | 13.02 | 9.02 | 13.03 | 13.04 | 13.02 | 13.04 | 25.06 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 1.99 | 6.01 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 3.01 | 0.00 | 0.00 |
| Other Assets | 90.83 | 104 | 112 | 132 | 236 | 286 | 439 |
| Inventories | 87.21 | 101 | 106 | 128 | 201 | 258 | 409 |
| Trade receivables | 1.01 | 1.01 | 3.01 | 2.01 | 23.09 | 21.07 | 22.07 |
| Cash & equivalents | 0.00 | 1.99 | 1.99 | 0.00 | 0.99 | 2.99 | 3.99 |
| Total Assets | 104 | 113 | 124 | 145 | 254 | 305 | 465 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | — | 5.99 | 4.99 | −0.99 | 5.99 | −82.85 | 0.99 | −35.94 |
| Cash from investing activity | — | −3.99 | 3.99 | −3.99 | −0.99 | −5.98 | −4.98 | −1.99 |
| Cash from financing activity | — | −3.99 | −7.97 | 4.98 | −5.97 | 89.63 | 4.98 | 37.87 |
| Net cash flow | — | −2.01 | 1.01 | 0.00 | −1.01 | 1.01 | 2.01 | 1.01 |
| Capex | 0.52 | 4.32 | 0.13 | 11.07 | 0.78 | 2.82 | 4.30 | 6.49 |
| Free cash flow | — | 2.01 | 9.01 | −5.01 | 6.01 | −86.08 | −3.01 | −42.09 |
| CFO / OP % | — | 87.0% | 71.1% | −2.0% | 54.0% | −180.0% | 20.0% | −8.0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 2 | 2 | 6 | 3 | 11 | 5 | 5 |
| Inventory days | 91 | 102 | 159 | 102 | 96 | 56 | 79 |
| Days payable | 3 | 12 | 16 | 18 | 1 | 1 | 5 |
| Cash conversion cycle | 88 | 89 | 146 | 85 | 104 | 58 | 76 |
| Working capital days | 87 | 57 | 95 | 55 | 82 | 42 | 51 |
| ROCE % | — | 8.1% | 8.1% | 14.1% | 23.1% | 24.1% | 35.1% |
For the Mar 2026 quarter, Khazanchi Jewellers reported sales of ₹508 Cr, down 18.2% year on year and net profit of ₹25.99 Cr, up 99.8% year on year. The operating margin was 7.0%.
Khazanchi Jewellers' sales for the year to Mar 2026 were ₹2,051 Cr; over the last twelve months they were ₹2,051 Cr.
Net profit for the year to Mar 2026 was ₹88.96 Cr, and ₹89.98 Cr over the last twelve months. Earnings per share over the same trailing period were ₹36.21.
Khazanchi Jewellers reported borrowings of ₹110 Cr at Mar 2026, against cash and equivalents of ₹3.99 Cr.
Cash from operations was −₹35.94 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹42.09 Cr.