Deepa Jewellers Q2/H1 FY27 Revenue Surges: Q2 Up 24.6%, H1 Up 30.1%
Deepa Jewellers reported Q2 FY27 revenue of ₹625.6 crore, up 24.6% YoY, and H1 FY27 revenue of ₹1,056.7 crore, up 30.1% YoY. Q2 PAT grew 37.1% to ₹37.3 crore, and H1 PAT grew 31.9% to ₹64.1 crore. The company commenced operations at its Hyderabad manufacturing facility. Investor presentation released on October 26, 2026.
The announcement includes significant financial performance metrics showing robust growth, alongside a key operational development (new manufacturing facility), which are likely to have a substantial impact on investor perception and the company's future prospects.
The company reported strong year-over-year growth in revenue, EBITDA, and PAT for both the quarter and half-year ended September 30, 2026. The commencement of operations at the new manufacturing facility is a positive operational development.
Deepa Jewellers Limited announced its un-audited financial results for the quarter and half-year ended September 30, 2026. The company reported a significant year-over-year revenue growth, with Q2 FY27 revenue from operations increasing by 24.6% to ₹6,256 million (625.6 crore) and H1 FY27 revenue growing by 30.1% to ₹10,567 million (1,056.7 crore).
EBITDA for Q2 FY27 stood at ₹453 million (45.3 crore), a 17.1% increase YoY, with EBITDA margins at 7.24%. For H1 FY27, EBITDA was ₹840 million (84 crore), up 24.3% YoY, with margins at 7.95%. Profit After Tax (PAT) for Q2 FY27 rose by 37.1% YoY to ₹373 million (37.3 crore), with PAT margins improving to 5.96%. H1 FY27 PAT grew by 31.9% YoY to ₹641 million (64.1 crore), with margins at 6.07%.
The company also highlighted operational achievements, including the commencement of operations at its in-house manufacturing facility in Hyderabad during the quarter. This facility is expected to strengthen internal manufacturing capabilities, reduce dependency on external karigars, ensure quality consistency, and capture manufacturing margins. The company noted that its business typically follows a seasonal pattern, with H1 contributing around 40% of annual revenue and a larger share expected in H2, supported by the shift in festive demand and proceeds from a fresh issue. Gross margins remained resilient at 7.80% in Q2 FY27 and 8.50% in H1 FY27.
Segmental performance showed strong growth in Processing & Manufacturing revenue, reaching ₹6,198 million in Q2 FY27 and ₹10,444 million in H1 FY27. Job Work Service revenue was ₹491 million in Q2 FY27 and ₹20 million in H1 FY27. The company's investor presentation also detailed its historical performance, company overview, growth strategies, and industry insights.
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Deepa Jewellers Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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