NSEAnalysts/Institutional Investor Meet/Con. Call Updates3d ago · 7 Nov 2026, 01:38 pm
Analysts/Institutional Investor Meet/Con. Call Updates
RBZ Jewellers Limited · RBZJEWEL
✦ AI SummaryResults
RBZ Jewellers Limited has informed the Exchange about the transcript of the conference call arranged by the company for Analysts and Investors on Tuesday, 03rd November 2026 at 16:00 hrs. for discussion on the financial performance of the Company for the quarter ended as on 30th September 2026.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment7/10
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Rbz Jewellers Limited has informed the Exchange about Transcript
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07th November 2026
To, To,
Department of Corporate Services Listing Department
BSE Limited, National Stock Exchange of India Limited,
P J Towers, Dalal Street, Exchange Plaza, 5th Floor Plot No. C/1,
Mumbai - 400 001 G. Block Bandra-Kurla Complex,
Bandra (E), Mumbai - 400 051
Security Code: 544060
Security ID: RBZJEWEL Symbol: RBZJEWEL
Dear Sir/Madam
Sub: Earning call Transcript with Analysts and Investors for the Quarter ended as on 30th
September 2026.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, please find below the link of transcript of conference call arranged by the
company for Analysts and Investors on Tuesday, 03rd November 2026 at 16:00 hrs. for discussion
on the financial performance of the Company for the quarter ended as on 30th September 2026.
Path: Investor-Earn-Call-Transcript-03.11.2026.pdf
This is for your information and records.
Thank you,
For, RBZ Jewellers Limited
Heli Garala
Company Secretary & Compliance Officer
Mem. No: 49256
RBZ Jewellers Limited
Q2FY27 Earnings Conference Call
November 03, 2026
MANAGEMENT: MR. HARIT ZAVERI – JOINT MANAGING DIRECTOR
AND CHIEF FINANCIAL OFFICER
MR. HARSHIT GANDHI – INTERNAL FINANCIAL
CONTROLLER
MR. BHAVESH SABHNANI – SENIOR MANAGER
ACCOUNTS AND FINANCE
MODERATOR: MS. RHEA DHARIA – EY INVESTOR RELATIONS
Page 1 of 20
RBZ Jewellers Limited
November 03, 2026
Moderator: Ladies and gentlemen, good day, and welcome to conference call for discussion on
Unaudited Financial Results as on 30th September, 2026, of RBZ Jewellers. As a
reminder, all participant lines will be in the listen-only mode and there will be an
opportunity for you to ask questions after the presentation concludes. Should you need
assistance during the conference call, please signal an operator by pressing * then 0 on
your touchtone phone. Please note, this conference is being recorded.
I now hand the conference over to Ms. Rhea Dharia from EY Investor Relations. Thank
you, and over to you, ma'am.
Rhea Dharia: Thank you. Good afternoon to all the participants on the call. Welcome to the Q2 and
H1 FY27 earnings call of RBZ Jewellers Limited. Before we proceed with the call, let
me remind you that the discussion may contain forward-looking statements that may
involve known or unknown risks, uncertainties and other factors. It must be viewed in
conjunction with our business risks that could cause future results, performance or
achievements to differ significantly from what is expressed or implied in such forward-
looking statements.
Please note that we have mailed the results and the same is available on the exchange.
The investor presentation will be uploaded shortly. In case you have not received the
same, you can write to us, and we will be happy to send the same over to you. To take
us through the results today and answer your questions, we have the management of
RBZ Jewellers represented by Mr. Harit Zaveri, Joint Managing Director and CFO;
Mr. Harshit Gandhi, Internal Financial Controller; and Mr. Bhavesh Sabhnani, Senior
Manager, Accounts and Finance.
We will start the call with a brief overview of the quarter gone past and then conduct
the Q&A session. With that, I hand over the call to the management. Over to you, sir.
Harit Zaveri: Good evening, everyone, and thank you for joining us today for RBZ Jewellers
earnings conference call to discuss our performance for second quarter and half yearly
results of FY27. On behalf of the management, I extend a warm welcome to all the
investors, analysts and stakeholders participating in today's call.
Before I take you through the financials and operational highlights for the quarter, I
would like to briefly introduce our company for those who may be engaging with RBZ
for the first time. RBZ Jewellers is one of India's leading gold organized manufacturers
with a growing presence in retail jewellery segment. Over the years, we have built our
business on three enduring pillars: trust, craftsmanship, and design.
Page 2 of 20
RBZ Jewellers Limited
November 03, 2026
These principles have enabled us to forge lasting relationship with our customers, retail
partners and stakeholders and continue to shape the way we grow and create long-term
value. At the heart of our philosophy is an unwavering commitment to transparency,
integrity and strong governance.
This is reflected across the way we conduct our business at our retail business, Harit
Zaveri Jewellers. We follow strict zero cash transaction policy, ensuring transparency
and traceability across every customer transaction. For us, trust extends well beyond
the quality, purity and craftsmanship of our jewellery.
It is equally defined by the integrity of our practices, the professionalism of our conduct
and the responsibility with which we build our business. This principle remains
fundamental to strengthening our brand, deepening stakeholder relationship and
creating sustainable value over the long-term. As a listed company, we recognize that
strong governance, transparency and financial discipline are fundamental to building
enduring stakeholder trust.
We remain firmly committed to the highest standard of corporate governance,
regulatory compliance and ethical business conduct. Our ambition is to get recognized
not only as a leading retail jewellery company, but as an institution distinguished by
its integrity, transparency and professionally managed operations, creating sustainable
value for all stakeholders.
As you are aware, RBZ Jewellers operates a distinctive and diversified business model
with a presence across both manufacturing and retail. We cater to leading national
jewellery retailers through our Wholesale and Job Work business, while also serving
end consumer through our flagship retail brand, Harit Zaveri Jewellers.
This integrated presence provides us with a deeper understanding of evolving
consumer preference and market trends, while enabling us to participate in
opportunities across multiple segments of the jewellery value chain.
Our manufacturing capability remains a key pillar of our competitive strength. Our
state-of-art manufacturing facility is equipped with advanced casting, laser and 3D
printed technologies, supported by a team of 200+ professionals and approximately
250 skilled artisans.
By combining modern manufacturing technology with generational craftsmanship, we
are able to create jewellery that brings together precision, quality and integrated design.
Design is at the heart of our proposition and remains one of the key differentiators. We
continue to invest in strengthening our in-house designs and product development
Page 3 of 20
RBZ Jewellers Limited
November 03, 2026
capabilities, allowing us to create distinctive collection that seamlessly blend with
traditional artistry and contemporary aesthetics.
This design-led approach enables us to stay relevant to evolving consumer preference,
strengthening consumer engagement and reinforce our competitive positioning. Our
portfolio spans a wide range of jewellery categories, techniques and price points,
addressing requirements across bridal, festive occasions and everyday wear.
We have developed particular expertise and recognition in antique gold bridal
jewellery, where our craftsmanship and design capabilities have helped us establish a
strong market position. Through Harit Zaveri Jewellers, we complement this strength
with comprehensive retail offering across gold, silver, studded and other jewellery
categories, encompassing both traditional and contemporary designs.
Looking ahead, retail expansion presents an important pillar of our next phase of
growth. We intend to leverage a strong brand equity that Harit Zaveri Jewellers has
built in Ahmedabad to progressively deepen our presence across Gujarat. Our focus is
to strengthen our footprints within Ahmedabad, including East Ahmedabad, while
selectively expanding into attractive markets such as Gandhinagar and Rajkot.
As part of the strategy, we rece
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