BSECompany Update3d ago · 17 Aug 2026, 03:08 pm
We herewith submit the transcript of Earning call held on 12th August 2026. Kindly take the same on your record.
RBZ Jewellers Ltd · 544060
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RBZ Jewellers Ltd submitted the transcript of Earnings call held on 12th August 2026, discussing Q1 FY27 financial performance, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
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Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10
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RBZ Jewellers Ltd - 544060 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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17th August 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 June
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 Wednesday, 12th August 2026 at 16:00 hrs. for discussion
on the financial performance of the Company for the quarter ended as on 30th June 2026.
Path: https://rbzjewellers.com/wp-content/uploads/2026/08/Investor-Earn-Call-Transcript-
12.08.2026.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
Q1 FY27 Earnings Conference Call”
August 12, 2026
MANAGEMENT: MR. HARIT ZAVERI – JOINT MANAGING DIRECTOR
AND CHIEF FINANCIAL OFFICER -- RBZ JEWELLERS
LIMITED
MR. HARSHIT GANDHI – INTERNAL FINANCIAL
CONTROLLER – RBZ JEWELLERS LIMITED
MR. BHAVESH SABHNANI – SENIOR MANAGER
ACCOUNTS AND FINANCE – RBZ JEWELLERS LIMITED
MODERATOR: MS. RHEA DHARIA – EY INVESTOR RELATIONS
Page 1 of 20
RBZ Jewellers Limited
August 12, 2026
Moderator: Ladies and gentlemen, good day and welcome to RBZ Jewellers Limited Q1 FY27
Earnings Conference Call. 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 that this conference
is being recorded.
I now hand the conference over to Ms. Rhea Dharia from EY Investor Relations team.
Thank you and over to you, Ms. Dharia.
Rhea Dharia: Thank you, Ranju. Good afternoon to all participants on the call. Welcome to the Q1
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.
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.
Harit Zaveri: Yes, good evening, everyone, and thank you for joining us today for RBZ Jewellers
Earnings Conference Call to discuss our performance for the first quarter of fiscal
2027. On behalf of the management team, 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 organized gold jewellery manufacturers and is
steadily strengthening its presence in retail jewellery segment.
Page 2 of 20
RBZ Jewellers Limited
August 12, 2026
Over the years, we have built our business founded on three core pillars: trust,
craftsmanship and design excellence. These values have helped us earn enduring
relationships with customers, retail partners and stakeholders and continue to guide our
growth journey.
I would like to take a moment to share the core principles that define how we conduct
our business and create long-term value for all our stakeholders. A key aspect of our
philosophy is conducting business with the highest standard of transparency and
governance. At our retail business, Harit Zaveri Jewellers, we strictly follow zero cash
transaction policy, ensuring complete transparency and traceability in every customer
transaction.
We believe trust is not built only through the quality and purity of jewellery we offer,
but also through the integrity of professionalism with which we operate. As a listed
entity, we are committed to maintaining robust corporate governance, regulatory
compliance, financial discipline and ethical business practices. We aspire to be
recognized not only as a leading jewellery player, but also as a company who is known
for clean, transparent and professionally managed operations.
As you all know, RBZ operates a unique diversified business model. We cater to
leading national jewellery retailers through wholesale and job work relationships,
while simultaneously serving end consumers through our flagship retail brand, Harit
Zaveri Jewellers. This integrated presence across manufacturing and retail provides us
with valuable insights into customer preferences, while allowing us to capture
opportunities across multiple segments of jewellery industry.
Our manufacturing operations are supported by state-of-art facility equipped with
advanced casting, laser and 3D printing technologies. Backed by a team of more than
200 plus professionals and around 250 skilled karigars, we combine cutting edge
technology with fine craftsmanship to create jewellery that resonates with today's
consumers.
One of our key differentiators is our strong in-house design capabilities. We
continuously invest in design innovation and product development, enabling us to offer
distinctive collections that blend traditional artistry and contemporary aesthetics. This
design-led approach has been instrumental in strengthening our consumer appeal and
enhancing our competitive positioning in the market.
We offer a diverse portfolio of jewellery across multiple categories, techniques and
price points. While our collection caters to bridal, festive, occasion wear and everyday
Page 3 of 20
RBZ Jewellers Limited
August 12, 2026
wear requirements, our strength lies in antique gold bridal jewellery, a segment where
we have established a strong reputation for craftsmanship and design excellence.
Through Harit Zaveri Jewellers, customers can choose from an extensive range of gold,
silver, studded, and other jewellery products, including bangles, chains, necklace,
rings, earrings, and several other contemporary and traditional offerings. Looking
ahead, we remain focused on further strengthening our retail presence and brand
recognition across Gujarat.
Leveraging our strong brand equity in Ahmedabad, we are focused on expanding our
key markets in East Ahmedabad, Gandhinagar, Rajkot, Surat, while also continuing to
deepen our footprints in Ahmedabad. Our long-term vision is to transform Harit Zaveri
Jewellers into India's leading Indian jewellery brand, recognized by exceptional
design, superior craftsmanship and transparent business practices and an outstanding
customer experience.
We believe that our integrated manufacturing capabilities, design expertise,
governance-led approach and a growing retail presence provide a strong foundation
for sustainable growth. As consumer preferences increasingly shift towards organized
and trusted jewellery brands, we are well positioned to capitalize on the opportunity
and create long term value for all our stakeholders.
With that, let me now take you through
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