Double-digit EBITDA margin target over 2-3 years
Management aims to achieve double-digit EBITDA margins as D2C proportion increases, currently at ~8%.
Renaissance Global · forward-looking guidance across the available source record.
Guidance tracker
Management aims to achieve double-digit EBITDA margins as D2C proportion increases, currently at ~8%.
D2C currently 13% of sales; target is to double its share to 20-25% over the long term.
Expanding from two to five stores by end of calendar year 2026, with capex of ~₹25 crore including working capital.
Bullion sales will wind down in Q4 FY26 and cease from Q1 FY27 as own UAE manufacturing is operational.