PNGS Reva Diamond Jewellery Limited (PNGSREVA) — Announcement | 4 August 2026

PNGS Reva Diamond Jewellery reported robust Q1 FY27 results with revenue surging 119.5% YoY to INR 118 crores, driven by strong demand during Akshaya Tritiya (INR 12.7 crores) and expansion of 10 new EBO stores. Management projects full-year EBITDA margins of 29% and PAT margins of 23%, with slight declines anticipated due to planned marketing spends. Inventory turnover stands at 1.29x, and average order value reached INR 1 lakh, reflecting premium customer spending. The company clarified that same-store sales growth applies only to SIS model stores, not new COCO locations, and plans to reduce SIS dependency from ~95% to 20-25% over time. Short-term debt of INR 166 crores relates to WCDL settlement, with future EBO expansion to be funded through internal accruals rather than new debt.