BlueStone Jewellery and Lifestyle Limited Q2 FY27 results deck summary

Results deck of 22 Oct 2026, summarised by AI from the filing.

ESOP charge is guided to fall to ₹48 mn by FY30E from ₹324 mn in FY27E, basis current grants, a ~95% decline.

Key takeaways

1. ESOP guidance ESOP charge is guided to fall to ₹48 mn by FY30E from ₹324 mn in FY27E, basis current grants, a ~95% decline.
2. Margin dip Reported EBITDA margin fell to 13.2% in Q2 FY27 from 15.0% in Q1 FY27, and gross margin fell to 36.6% from 40.7%.

Original filing on BSE

BlueStone Jewellery and Lifestyle Limited Q2 FY27 results

As filed: Revenue ₹745 cr (+45% year on year), EBITDA ₹94.9 cr (+137% year on year), PAT −₹4.4 cr, EBITDA margin 12.7% (+496 bps).

The Q2 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q1 FY27: Revenue ₹737 cr (+49% year on year), EBITDA ₹108 cr (+93% year on year), PAT ₹6.0 cr, EBITDA margin 14.6% (+328 bps). Score 85 of 100, Above trend. EBITDA margin rose 328 bps year on year. Other income 214% of PBT. Tax rate 0%. Not enough history for a trend yet: scored on growth alone. Profit fell 81% from last quarter. Share price after the results: +33.7% in 30 days (Nifty 500: +0.2%).
• Q4 FY26: Revenue ₹688 cr, EBITDA ₹129 cr, PAT ₹36.4 cr, EBITDA margin 18.7%. Not scored. No result for the same quarter last year. Share price after the results: −13.3% in 29 days (Nifty 500: −0.7%).
• Q3 FY26: Revenue ₹748 cr, EBITDA ₹167 cr, PAT ₹71.5 cr, EBITDA margin 22.3%. Not scored. No result for the same quarter last year. Share price after the results: −10.8% in 29 days (Nifty 500: +1.7%).
• Q2 FY26: Revenue ₹513 cr, EBITDA ₹42.0 cr, PAT −₹49.0 cr, EBITDA margin 8.2%. Not scored. No result for the same quarter last year. Share price after the results: −23.1% in 30 days (Nifty 500: +0.3%).
• Q1 FY26: Revenue ₹493 cr, EBITDA ₹56.0 cr, PAT −₹33.0 cr, EBITDA margin 11.4%. Not scored. No result for the same quarter last year. Share price after the results: +10.0% in 29 days (Nifty 500: +0.7%).

Past price moves after results do not indicate future moves. Not a recommendation.

BlueStone Jewellery and Lifestyle Limited earnings call, investor presentation and press release summaries

• Q2 FY27: Results deck (22 Oct 2026)
• Q1 FY27: Earnings call (21 Jul 2026), Results deck (20 Jul 2026)
• Q4 FY26: Earnings call (24 Apr 2026), Results deck (23 Apr 2026), Results press release (23 Apr 2026)
• Q3 FY26: Earnings call (22 Jan 2026), Results deck (22 Jan 2026), Results press release (22 Jan 2026)
• Q2 FY26: Earnings call (4 Nov 2025), Results deck (4 Nov 2025), Results press release (4 Nov 2025)
• Q1 FY26: Earnings call (5 Sep 2025), Results deck (4 Sep 2025)