Khazanchi Jewellers · tone and specificity signals across the available quarters.
Language signals
We are forced to achieve a revenue mark of 5,000 crores by 2030. We are targeting annual revenue growth of approximately 25% to 30% supported by our strong B2B foundation, expanding B2C and digital ecosystem, and value creation across every segment of the business.
The fact that EBITDA and PAT grew considerably faster than revenue during the quarter is particularly encouraging. It reflects an improving business mix, operating leverage, and benefits of scale as we continue to expand the business.
We have been continuously doing it in a business cycle. We do not have clients which have been running with us for a there is a possibility that say 20% of the client can move on and once again they will join and we are into the process of adding up new clients also in that whole process we are adding up client so that that growth strategy can be achieved.
We have grown volume wise by 11 to 12%. As we have reduced our bullion, the top line shows that but volume wise ornament volume wise we have grown by 11 to 12% and it would be going to be better in H2.
The upcoming store with an inventory of 150 crores, we are expecting in the upcoming years annual revenue of somewhere around 550 to 600 crores out of that store. So it is going to be a better ROI and since it is a retail segment the margins are somewhere around 11 to 13%.
Over the upcoming 2 to 3 years, we are expecting the diamond sales to be a part of around total top line somewhere around 5 to 10%.
Our new 10,000 ft² large format showroom in Chennai was successfully inaugurated on 7th Feb. In the first 10 days since its opening, we recorded a sale of approximately 20 crores.
We aim to increase our retail contribution from 10 to 25%. As our retail mix improves, it will naturally enhance our margin profile, drive strong profitability and create greater operating leverages.
We have grown on the volume base if you take up we have grown around 7 to 10% in between but overall the margins have been improved so much because we are working on the various verticals.
We are very confident of growing at a pace of 25 to 30% which is at the constraint level what we are defining and we have a full confidence of achieving it better.
In upcoming two financial years we'll be reaching at least 25% of the total sale as a retail contribution. In that we have a surely an higher margin bracket that is somewhere around 10 to 12%. So it is going to add up an additional bottom line improvement.
Maybe for a shorter period of time say one or two months we have a clear idea about how things are operating on the recyclable household. In India no occasions is without gold. So obviously people have their own alternatives, their own resource, their own savings to invest in gold.