PNGS REVA DIAMOND JEWEL L

The earnings conference call for PNGS Reva Diamond Jewellery Limited, held on July 29, 2026, highlighted the company's strong performance in Q1 FY27, with a reported revenue of INR 118 crores, reflecting a 119.5% year-on-year growth. Management noted that this growth was driven by increased consumer demand and successful execution of their growth strategy. Gross profit reached INR 41.83 crores, with gross margins at 35.46%. The company reported a PAT of INR 27.21 crores, growing 265% year-on-year. Management emphasized the importance of disciplined inventory management, with inventory turns at 1.29x. They also discussed plans for expanding their retail footprint, aiming to open 15 new COCO stores funded by IPO proceeds. The management expressed confidence in sustaining growth momentum, supported by favorable market conditions and a planned e-commerce launch by the end of August 2026. The call concluded with a Q&A session addressing various investor inquiries.

Management emphasized strong growth and positive market conditions.