Eighty Jewellers Limited reported a strong financial performance for FY 2025-26, with PAT rising significantly to Rs 9.74 crore from Rs 1.85 crore in the previous year. Revenue increased to Rs 128.35 crore. The company announced an interim dividend of Rs 0.10 per share and confirmed leadership re-appointments. Expanding into Tier-2 and Tier-3 cities remains a strategic focus as the company navigates gold price volatility.
Eighty Jewellers Reports Sharp Earnings Growth for FY 2025-26
Profit After Tax rose to Rs 9.74 crore in FY26 compared to Rs 1.85 crore in FY25. Revenue from operations reached Rs 128.35 crore, up from Rs 109.68 crore in the previous fiscal.
Reader Takeaway: Significant bottom-line growth driven by higher jewellery realizations, offset by exposure to gold price volatility risks.
What just happened
Eighty Jewellers released its financial results for the fiscal year ended March 31, 2026, showing a multi-fold increase in profitability. The company also declared an interim dividend of Rs 0.10 per share. Alongside the financial update, the Board proposed the re-appointment of key leadership figures, including Managing Director Nikesh Bardia, for a second five-year term starting December 2026. A transition in the compliance office is also underway, with Sureha Jain taking over as Company Secretary.
Why this matters
The substantial growth in EPS to Rs 9.55 from Rs 1.82 reflects operational efficiency gains within the gems and jewellery segment. By shifting focus toward Rajwada jewellery and ethically sourced diamonds, the company is aligning with evolving consumer preferences. This move is intended to capture higher margins in a competitive market environment.
Expansion Strategy
Management has outlined a clear path for growth, targeting Tier-2 and Tier-3 cities in Central India. This geographical diversification is designed to reduce reliance on existing markets and tap into emerging consumer wealth in non-metro regions.
Risks to watch
Investors should be mindful of gold price volatility, which directly impacts consumer affordability and export margins. Additionally, the company is contesting a tax dispute of Rs 25.46 lakh related to the 2014-15 fiscal year currently under appeal. Trade policy changes also remain a regulatory variable for the sector.
What to track next
All eyes are on the upcoming 16th Annual General Meeting scheduled for September 29, 2026, in Raipur, where shareholders will formalize the leadership and dividend proposals. Sustained performance in the natural diamond segment will be a key indicator for future quarters.