NSEPress Release3d ago · 6 Nov 2026, 01:10 pm

Press Release

Renaissance Global Limited · RGL

✦ AI Summary▲ PositiveResults

Renaissance Global Limited has announced its financial results for Q2 and H1 FY27, with revenue growth of 25% YoY, EBITDA growth of 21% YoY, and PAT growth of 92% YoY. The company has also reported a significant reduction in net debt and an improvement in its leverage position.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10

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Full Announcement

Renaissance Global Limited has informed the Exchange regarding a press release dated November 06, 2026, titled "Press Release on results for Q2 & H1 FY27".

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RJL1_06112026130939_PressRelease.pdf

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Ref. No.: RGL/S&L/2026/181 November 6, 2026 BSE Limited National Stock Exchange of India Ltd. Listing Department Exchange Plaza, Plot no. C/1, Phiroze Jeejeebhoy Towers G Block, Bandra Kurla Complex, Dalal Street, Fort, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Scrip code: 532923 Symbol: RGL Sub.: Press Release on results for Q2 & H1 FY27. Dear Sir We are enclosing herewith Press Release on results for Q2 FY27 to highlight the performance of the Company for the Second quarter ended September 30, 2026. We request you to kindly upload the same under the suitable section of your website. Thanking you, Yours faithfully, For Renaissance Global Limited CS Vishal Dhokar Company Secretary & Compliance Officer Encl.: As Above Accelerating D2C Growth and Enhancing Profitability H1 FY27 Growth: Revenue 25%, EBITDA 21%, PAT 92% Mumbai, 6th November 2026: Renaissance Global Limited, a leading global jewellery manufacturer and retailer, announced its Financial Results for the Quarter and Half Year Ended September 30, 2026. Financial Highlights – H1 FY27 Revenue from Operations EBITDA Profit After Tax ₹ 1329 Cr ₹ 101 Cr ₹ 51 Cr +25% YoY +21% YoY +92% YoY Particulars (₹ Cr) Q2 FY27 Q2 FY26 YoY H1 FY27 H1 FY26 YoY Revenue excluding bullion 639.3 531.6 20.3% 1329.2 1061.9 25.2% Bullion sales 54.9 14.8 145.5 14.8 Revenue from operations 694.2 546.4 27.1% 1,474.7 1,076.7 37.0% EBITDA 51.5 43.1 19.4% 101.2 84.0 20.5% EBITDA margin, ex-bullion 8.1% 8.1% 7.6% 7.9% Profit before tax 32.0 23.7 35.1% 61.7 33.0 86.9% PBT margin, ex-bullion 5.0% 4.4% 4.6% 3.1% Profit after tax 25.8 20.2 27.8% 51.5 26.8 91.9% PAT margin, ex-bullion 4.0% 3.8% 3.8% 2.5% EPS, ₹ 2.5 1.8 38.2% 4.9 2.4 102.8% Key Highlights H1 FY27: • Owned Business Delivered Strong Growth: Revenue grew 33% YoY, while EBITDA surged 57%, reflecting improving scale and profitability • Retail Expansion: Currently operating 4 Jean Dousset stores, with a target to expand the network to 8 stores by FY27 • Working Capital Efficiency: Reduced the working capital cycle by 54 days year-on-year, reflecting improved capital efficiency • Strong Cash Flow Generation: Cash from Operations stood at ₹143 crore in H1 FY27, compared with an outflow of ₹83 crore in H1 FY26, marking a significant ₹226 crore turnaround • Robust Free Cash Flow: Generated H1 FY27 Free Cash Flow of ₹103 crore, after interest payments of ₹24 crore and capital expenditure of ₹17 crore • Record TTM Operating Cash Flow: TTM Cash from Operations reached ₹280 crore, surpassing the previous peak of ₹229 crore recorded in FY23 • Strong TTM Free Cash Flow: TTM Free Cash Flow stood at ₹204 crore, reflecting sustained cash generation • Significant Debt Reduction: Net debt declined by ₹144 crore year-on-year to ₹199 crore • Improved Leverage Position: Net Debt-to-Equity improved to 0.12x from 0.23x in the previous year, reflecting a stronger balance sheet Commenting on the performance, Mr. Sumit Shah – Chairman and Global CEO, Renaissance Global Limited said: “Our direct-to-consumer brands, With Clarity and Jean Dousset, are now the fastest-growing and most profitable part of the group. In Q2, owned-brand revenue grew 39% and their EBITDA 67%. Jean Dousset has four boutiques trading and will reach eight by the end of the financial year. We are funding this growth wholly from our internal accurals. Our working-capital cycle is 53 days shorter than a year ago, and net debt is ₹144 crore lower than last September. Registered a strong cash generation momentum, with H1 FY27 operating cash flow of ₹143 crore and free cash flow of ₹103 crore, driving TTM cash from operations to a record ₹280 crore and free cash flow to ₹204 crore. Revenue excluding bullion grew 20% and profit after tax 28% in the quarter. With the brands scaling, four boutique openings ahead and a lighter balance sheet, we are well positioned for a strong holiday quarter.” About Renaissance Global Limited (Renaissance) Renaissance Global Limited, (Renaissance) (BSE: 532923, NSE: RGL), is a global branded jewellery player. Renaissance designs, manufactures, and supplies branded jewellery across key high-potential markets in USA, Canada, UK & Asia. The product portfolio encompasses Owned Brands, Licensed Brands & Customer Brands segments, with strong focus on overall branded Jewellery division. The Company has a growing portfolio of brands under licensed and owned segments. It holds synergistic licensing agreements with large global brands, such as Disney, Hallmark and starwars. Under its owned segment, it has a portfolio of brands such as Jean Dousset, WithClarity, Irasva, Jewelili and Everyday Elegance. Over the years, Renaissance has successfully expanded its branded product portfolio, backed by strong conceptualization, design, and manufacturing capabilities. On the distribution side, the Company operates through both B2B and D2C models. Since 2020, Renaissance has launched online stores through 6 D2C websites to market & supply licensed brands & owned brands. Company Investor Relations Advisor Renaissance Global Ltd Cygnus Partners Private Limited Mr. Jagdish Bhanderi Ms. Mamta Nehra Manager-Corporate Strategy Mamta.nehra@cygnuspartners.in jagdish.bhanderi@renaissance global.co Ms. Pooja Swami pooja.swami@cygnuspartners.in Safe Harbor Certain statements in this communication may be ‘forward-looking statements within the meaning of applicable laws and regulations. These forward-looking statements involve several risks, uncertainties, and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Important developments that could affect the Company’s operations include changes in the industry structure, significant changes in the political and economic environment in India and overseas, tax laws, import duties, litigation, and labour relations. Renaissance Global Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.