RBZ Jewellers (RBZJEWEL)₹169.70+0.05%Gems, Jewellery And Watches
In the Mar 2026 quarter (standalone), RBZ Jewellers reported sales of ₹190 Cr, up 38.0% from Mar 2025, and net profit of ₹12.02 Cr, up 33.4% year on year. For the year to Mar 2026, sales were ₹638 Cr and net profit ₹55.11 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 78.21 | 74.28 | 116 | 86.35 | 82.28 | 117 | 195 | 137 | 76.24 | 145 | 227 | 190 |
| Expenses | 71.28 | 60.18 | 104 | 82.26 | 68.18 | 103 | 172 | 123 | 63.21 | 117 | 198 | 168 |
| Operating Profit | 7.99 | 13.99 | 11.99 | 4.99 | 13.99 | 13.98 | 22.01 | 14.99 | 13.01 | 27.98 | 30.01 | 20.98 |
| OPM % | 10.1% | 19.1% | 10.0% | 5.0% | 17.1% | 12.1% | 11.1% | 11.0% | 17.0% | 19.1% | 13.1% | 11.0% |
| Other Income | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 2.01 | 3.01 | 3.01 | 0.00 | 2.01 | 3.01 | 3.01 | 2.01 | 3.01 | 3.01 | 5.01 | 4.01 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 1.01 | 1.01 | 0.99 | 1.01 | 1.01 | 0.99 |
| Profit before tax | 6.02 | 11.04 | 9.03 | 4.02 | 12.05 | 11.05 | 18.06 | 11.04 | 10.03 | 25.11 | 23.09 | 16.06 |
| Tax % | 24.0% | 26.0% | 26.0% | 37.0% | 25.0% | 25.0% | 28.0% | 25.0% | 26.0% | 26.0% | 25.0% | 27.0% |
| Net Profit | 5.01 | 8.01 | 7.01 | 3.01 | 9.01 | 8.01 | 13.01 | 9.01 | 7.01 | 19.03 | 17.01 | 12.02 |
| EPS (Rs) | 1.64 | 2.83 | 1.71 | 0.68 | 2.28 | 2.03 | 3.28 | 2.15 | 1.79 | 4.65 | 4.37 | 2.93 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 183 | 107 | 253 | 289 | 328 | 532 | 638 | 638 |
| Expenses | 171 | 87.26 | 226 | 251 | 290 | 466 | 546 | 547 |
| Operating Profit | 9.99 | 19.99 | 27.01 | 37.96 | 37.98 | 64.96 | 91.92 | 91.98 |
| OPM % | 6.0% | 19.1% | 11.0% | 13.1% | 12.0% | 12.0% | 14.0% | 14.4% |
| Other Income | 0.00 | 0.99 | 0.00 | 1.99 | 0.00 | 0.99 | 0.00 | 0.00 |
| Interest | 5.01 | 6.01 | 6.01 | 8.02 | 8.02 | 10.02 | 14.03 | 15.04 |
| Depreciation | 1.01 | 2.01 | 1.01 | 0.99 | 1.01 | 3.01 | 3.99 | 4.00 |
| Profit before tax | 4.01 | 13.05 | 20.08 | 30.11 | 30.12 | 53.19 | 74.26 | 74.29 |
| Tax % | 28.0% | 27.0% | 27.0% | 25.0% | 27.0% | 26.0% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 3.01 | 10.01 | 14.02 | 22.04 | 22.03 | 39.06 | 55.11 | 55.07 |
| EPS (Rs) | 7.53 | 24.42 | 36.09 | 7.45 | 5.41 | 9.73 | 13.73 | 13.74 |
| 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 | 4.00 | 4.00 | 4.00 | 29.97 | 39.93 | 39.93 | 39.91 |
| Reserves | 42.98 | 51.96 | 65.93 | 61.99 | 167 | 205 | 260 |
| Borrowings | 47.02 | 59.99 | 63.94 | 95.91 | 68.91 | 90.91 | 170 |
| Other Liabilities | 19.90 | 7.96 | 19.90 | 18.91 | 6.97 | 15.93 | 15.92 |
| Total Liabilities | 115 | 124 | 154 | 207 | 284 | 352 | 485 |
| Fixed Assets | 13.98 | 16.99 | 15.99 | 24.98 | 26.98 | 32.98 | 61.93 |
| CWIP | 0.00 | 0.00 | 0.99 | 0.99 | 1.99 | 2.99 | 24.97 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 101 | 107 | 138 | 181 | 255 | 317 | 398 |
| Inventories | 83.24 | 92.26 | 119 | 149 | 225 | 293 | 337 |
| Trade receivables | 11.97 | 9.99 | 13.98 | 21.97 | 12.97 | 16.97 | 55.89 |
| Cash & equivalents | 2.01 | 2.01 | 2.01 | 8.03 | 14.04 | 3.01 | 3.01 |
| Total Assets | 115 | 124 | 154 | 207 | 284 | 352 | 485 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from operating activity | 6.02 | −3.01 | 1.01 | −11.03 | −49.12 | −15.04 | −7.02 |
| Cash from investing activity | 3.01 | 1.01 | −1.01 | −11.03 | −4.01 | −5.02 | −33.09 |
| Cash from financing activity | −7.99 | 1.99 | −0.99 | 27.91 | 58.89 | 7.98 | 40.87 |
| Net cash flow | 0.99 | 0.00 | −0.99 | 5.97 | 6.98 | −11.96 | 0.00 |
| Capex | 1.68 | 0.20 | 0.94 | 13.96 | 3.78 | 5.37 | 32.97 |
| Free cash flow | 3.99 | −1.99 | 0.00 | −21.94 | −52.86 | −19.95 | −39.91 |
| CFO / OP % | 71.9% | 5.0% | 21.9% | −8.1% | −103.0% | −3.0% | 12.9% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 23 | 34 | 19 | 27 | 13 | 11 | 31 |
| Inventory days | 198 | 443 | 209 | 241 | 313 | 255 | 251 |
| Days payable | 40 | 21 | 27 | 24 | 3 | 7 | 5 |
| Cash conversion cycle | 181 | 457 | 202 | 245 | 324 | 260 | 279 |
| Working capital days | 62 | 170 | 95 | 106 | 207 | 147 | 150 |
| ROCE % | — | 18.0% | 20.9% | 24.0% | 15.9% | 20.0% | 21.9% |
For the Mar 2026 quarter, RBZ Jewellers reported sales of ₹190 Cr, up 38.0% year on year and net profit of ₹12.02 Cr, up 33.4% year on year. The operating margin was 11.0%.
RBZ Jewellers' sales for the year to Mar 2026 were ₹638 Cr; over the last twelve months they were ₹638 Cr.
Net profit for the year to Mar 2026 was ₹55.11 Cr, and ₹55.07 Cr over the last twelve months. Earnings per share over the same trailing period were ₹13.74.
RBZ Jewellers reported borrowings of ₹170 Cr at Mar 2026, against cash and equivalents of ₹3.01 Cr.
Cash from operations was −₹7.02 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹39.91 Cr.