Shankesh Jewellers Q1 profit doubles as revenue rises 55%; shares gain 9%
Shankesh Jewellers reported Q1 FY27 revenue of Rs 423.5 crore, up 55.1% year on year. EBITDA rose 92.1% to Rs 61.1 crore, lifting margin to 14.4% from 11.6%, while net profit doubled to Rs 43.2 crore. The stock gained 9.35% in early NSE trading.
What happened
Shankesh Jewellers reported strong Q1 FY27 growth, with revenue up 55.1%, EBITDA up 92.13% and net profit nearly doubling. Its shares rose 9.35% in early NSE
Key facts
- Q1 revenue: Rs 423.5 crore, up 55.1% YoY
- EBITDA: Rs 61.1 crore, up 92.13% YoY
- EBITDA margin: 14.4%, versus 11.6% YoY
- Net profit: Rs 43.2 crore, versus Rs 21.6 crore YoY
- Share price: Rs 107.7, up 9.35%
What changed
Shankesh Jewellers reported strong Q1 FY27 growth, with revenue up 55.1%, EBITDA up 92.13% and net profit nearly doubling. Its shares rose 9.35% in early NSE trading as investors responded to improved operating margins.
Why this matters
Shankesh Jewellers’ 55.1% revenue growth and 280-basis-point EBITDA margin expansion indicate strong operating leverage and execution momentum in Q1 FY27.
What to watch
- Whether quarterly revenue growth remains above 30% after the Q1 base effect.
- EBITDA margin holding near or above 14% versus the prior 11.6% level.
- Same-store sales growth versus contribution from new stores.
- Inventory days, operating cash flow and borrowing trends.
- Gold-price movements and their effect on consumer demand, inventory valuation and hedging costs.