Bluestone Jewellery & Lifestyle Ltd
Incorporated in 2011, BlueStone Jewellery and Lifestyle Limited manufactures and provides diamond, gold, platinum and studded jewellery.[1]
- Market Cap ₹ 6,895 Cr.
- Current Price ₹ 453
- High / Low ₹ 793 / 400
- Stock P/E
- Book Value ₹ 110
- Dividend Yield 0.00 %
- ROCE %
- ROE -24.7 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 4.11 times its book value
- Company has low interest coverage ratio.
- Promoter holding is low: 16.4%
- Promoters have pledged 37.2% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | TTM | |
|---|---|---|
| 1,770 | 2,216 | |
| 1,694 | 1,932 | |
| Operating Profit | 76 | 285 |
| OPM % | 4% | 13% |
| 58 | 57 | |
| Interest | 208 | 212 |
| Depreciation | 147 | 199 |
| Profit before tax | -222 | -69 |
| Tax % | 0% | |
| -222 | -69 | |
| EPS in Rs | -62.91 | -23.16 |
| Dividend Payout % | 0% |
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| Last Year: | -25% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Sep 2025 | |
|---|---|---|
| Equity Capital | 30 | 15 |
| Reserves | 877 | 1,654 |
| 1,915 | 1,590 | |
| 711 | 1,210 | |
| Total Liabilities | 3,532 | 4,469 |
| 1,013 | 1,071 | |
| CWIP | 5 | 2 |
| Investments | 59 | 46 |
| 2,455 | 3,350 | |
| Total Assets | 3,532 | 4,469 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| -666 | |
| -84 | |
| 740 | |
| Net Cash Flow | -10 |
| Free Cash Flow | -828 |
| CFO/OP | -869% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | |
|---|---|
| Debtor Days | 1 |
| Inventory Days | 549 |
| Days Payable | 55 |
| Cash Conversion Cycle | 496 |
| Working Capital Days | 39 |
| ROCE % |
Insights
In beta| Mar 2018 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Number of Stores Number ・Standalone data |
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| Number of Customers (Life-to-date) Number ・Standalone data |
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| Same Store Sales Growth (SSSG) % ・Standalone data |
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| Average Order Value (AOV) INR ・Standalone data |
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| Capacity Utilization - Mumbai % ・Standalone data |
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| Installed Manufacturing Capacity - Mumbai kg ・Standalone data |
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| Repeat Revenue Ratio % ・Standalone data |
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| Total Store Area Square Feet ・Standalone data |
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Documents
Announcements
- Closure of Trading Window 2d
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Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
18 Mar - Allotment of 426573 Equity shares under Bluestone Jewellery and Lifestyle Limited - Employee Stock Option Plan.
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Announcement under Regulation 30 (LODR)-Change in Management
10 Mar - Gaurav Sachdeva resigned as Chief Retail Officer effective close of business March 9, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
10 Mar - Company will participate in the investor meeting, as per attached Schedule.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2 Mar - Bluestone to attend Investec India Promoter & Founder Conference March 9, 2026 in Mumbai; presentation uploaded Jan 22.
Concalls
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Jan 2026TranscriptPPT
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Jan 2026Transcript PPT REC
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Nov 2025Transcript PPT REC
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Sep 2025Transcript PPT REC
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Nov 2024TranscriptAI SummaryPPTREC
Business Profile[1]
BlueStone is India’s 2nd largest digital-first omni-channel jewellery retailer, operating a vertically integrated model covering design, manufacturing, and retail. It targets modern consumers with a strong focus on non-wedding, lightweight, design-led jewellery, combining online discovery with offline fulfilment.