Earning Call Transcript pertaining to Q1 FY27 - Financial Results

AI summary - Q1 FY27 consolidated revenue grew 67% YoY, retail sales up 50%, same-store sales +39% - Sales crossed INR 3,000 crores; April contributed ~55% aided by festivals - EBITDA INR 213 crores at 7.0% margin; consolidated PAT INR 101 crores at 3.3% - Diamond jewellery sales +43% value, +18% volume; shift to lightweight, design-led jewellery - Added 3 COCO, 4 franchise, 1 Sennes store; 12-15 more planned, focus East/North India - Sustainable EBITDA margin guidance retained at 7.5%-7.8%; customs-duty gain ~INR 12-15 crores - Hedging at ~50%, aiming for 75%-80% as volatility eases; GML availability normalized - Inventory days ~152; cash flow from operations to be disclosed with H1 results - FY27 guidance 20%+ value growth; long-term target INR 20,000+ crores revenue, 300+ stores - Target EBITDA margin ~8%, PAT margin 4.5%-5%, ROE/ROCE near 20%