BlueStone Jewellery and Lifestyle (BLUESTONE)₹738.80+3.47%Gems, Jewellery And Watches
In the Sep 2026 quarter (consolidated), BlueStone Jewellery and Lifestyle reported sales of ₹744 Cr, up 45.0% from Sep 2025, and net profit of −₹4.38 Cr. For the year to Mar 2026, sales were ₹2,431 Cr and net profit ₹13.04 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 348 | 373 | 586 | 461 | 492 | 513 | 747 | 680 | 736 | 744 |
| Expenses | 347 | 378 | 537 | 436 | 438 | 474 | 584 | 557 | 630 | 652 |
| Operating Profit | 1.98 | −4.40 | 49.92 | 25.04 | 54.65 | 40.05 | 164 | 124 | 107 | 93.30 |
| OPM % | 0.6% | −1.2% | 8.6% | 5.5% | 11.2% | 7.8% | 22.0% | 18.3% | 14.5% | 12.6% |
| Other Income | 10.98 | 10.74 | 15.86 | 23.02 | 12.08 | 11.68 | 10.79 | 15.13 | 15.00 | 24.42 |
| Interest | 45.54 | 54.54 | 52.51 | 54.28 | 52.72 | 52.24 | 52.43 | 52.37 | 55.21 | 58.16 |
| Depreciation | 26.38 | 35.95 | 39.93 | 44.74 | 48.52 | 51.28 | 53.79 | 55.59 | 60.20 | 63.69 |
| Profit before tax | −59.17 | −84.43 | −26.89 | −51.27 | −34.73 | −52.08 | 68.80 | 31.19 | 5.95 | −4.36 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net Profit | −59.44 | −84.74 | −26.97 | −51.47 | −34.88 | −52.29 | 69.05 | 31.27 | 5.98 | −4.38 |
| EPS (Rs) | −27.69 | −26.06 | −7.97 | −14.56 | −9.83 | −3.43 | 4.58 | 2.11 | 0.47 | −0.22 |
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| Sales | 1,768 | 2,431 | 2,907 |
| Expenses | 1,695 | 2,049 | 2,423 |
| Operating Profit | 75.85 | 388 | 488 |
| OPM % | 4.3% | 16.0% | 16.8% |
| Other Income | 58.09 | 46.13 | 65.34 |
| Interest | 207 | 210 | 218 |
| Depreciation | 146 | 209 | 233 |
| Profit before tax | −222 | 13.01 | 102 |
| Tax % | 0.0% | 0.0% | — |
| Exceptional items | 2.01 | 0.00 | — |
| Net Profit | −223 | 13.04 | 102 |
| EPS (Rs) | −63.12 | 0.98 | 6.94 |
| Dividend payout % | 0.0% | 0.0% | — |
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 3.99 | 14.95 |
| Reserves | 876 | 1,781 |
| Borrowings | 1,937 | 1,979 |
| Other Liabilities | 708 | 1,170 |
| Total Liabilities | 3,523 | 4,946 |
| Fixed Assets | 1,012 | 1,134 |
| CWIP | 4.98 | 2.99 |
| Investments | 58.88 | 46.89 |
| Other Assets | 2,446 | 3,762 |
| Inventories | 1,651 | 2,673 |
| Trade receivables | 6.01 | 8.02 |
| Cash & equivalents | 187 | 511 |
| Total Assets | 3,523 | 4,946 |
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Cash from operating activity | −664 | −198 |
| Cash from investing activity | −84.03 | −239 |
| Cash from financing activity | 741 | 498 |
| Net cash flow | −9.97 | 58.81 |
| Capex | 163 | 98.95 |
| Free cash flow | −827 | −276 |
| CFO / OP % | −869.0% | −51.9% |
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor days | 0 | 0 |
| Inventory days | 549 | 700 |
| Days payable | 56 | 43 |
| Cash conversion cycle | 496 | 659 |
| Working capital days | 39 | 132 |
| ROCE % | — | 7.0% |
For the Sep 2026 quarter, BlueStone Jewellery and Lifestyle reported sales of ₹744 Cr, up 45.0% year on year and net profit of −₹4.38 Cr. The operating margin was 12.6%.
BlueStone Jewellery and Lifestyle's sales for the year to Mar 2026 were ₹2,431 Cr; over the last twelve months they were ₹2,907 Cr.
Net profit for the year to Mar 2026 was ₹13.04 Cr, and ₹102 Cr over the last twelve months. Earnings per share over the same trailing period were ₹6.94.
BlueStone Jewellery and Lifestyle reported borrowings of ₹1,979 Cr at Mar 2026, against cash and equivalents of ₹511 Cr.
Cash from operations was −₹198 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹276 Cr.