Lalithaa Jewellery Mart Ltd(LALITHAA)

NSE: LALITHAABSE: 544879

₹ 344-2.45%refreshed 23 Oct, 03:30 pm ISTMarket cap: ₹ 19,254 crWebsite: www.lalithaajewellery.comUpdated: 24 Oct 2026

About

Lalithaa Jewellery Mart Ltd is a South India-focused retail jewellery chain with over 40 years of heritage, operating 65 stores across 55 cities in 4 states and 1 Union Territory. Total income reached ₹6,035 Cr in Q1 FY27, growing 26% year-on-year. Gold jewellery dominates its product mix at 92% of revenue in FY26, with in-house karigan craftsmen producing 84.13% of its products.^[1]

Store network

65 stores across 55 cities in 4 states and 1 Union Territory in South India as of Q1 FY27, up from a base that included 45 Tier II & III stores in FY26.^[1]
8 large format and 47 medium format stores together contribute 89% of revenue while representing 85% of total store count in Q1 FY27.^[1]
Tier II & III city stores numbered 47 in Q1 FY27, up from 45 in FY26, and contributed 62% of revenue in Q1 FY27 vs 60% in FY26.^[1]

Products

Gold jewellery accounts for 92% of revenue in FY26; the company also carries silverware and other product ranges as a lower-value hedge against rising gold prices.^[1]
Studded gold jewellery is an identified expansion category with no disclosed current revenue share.^[1]

In-house manufacturing

Karigan-made products reached 84.13% of total products in FY26, up from 79.78% in FY23, supporting cost efficiency through in-house craftsmanship.^[1]

Key operating numbers

Revenue per store: ₹410 Cr in Q1 FY27; ₹4,105 mn in FY26, up from ₹2,816 mn in FY25.^[1]
Average ticket size: ₹1,05,980 in Q1 FY27.^[1]
Inventory turnover ratio: 2.5x in Q1 FY27.^[1]

Geography

Tamil Nadu is the dominant geography, contributing ₹33,702 Cr of Q1 FY27 revenue, growing 33.6% YoY.^[1]

Gold inventory and hedging

Total gold inventory stood at ₹10,407 Cr in Q1 FY27; ₹5,680 Cr (54.6%) is naturally hedged via ₹5,388 Cr in customer advances and ₹292 Cr in creditor terms.^[1]

Expansion plans

Plans to expand presence in untapped sections of South India and other regions of India; no specific store count targets or capex figures disclosed.^[1]
Plans to expand studded gold jewellery business and grow silverware and other product ranges to offer lower-value options.^[1]

Market Cap

₹19,254 Cr

High / Low

₹414 / 240

Promoter holding

82.8%

Loading chart…

Signal history

AI Deep Dive

The analysis Screener can't give you

Our models read the latest earnings call, annual report, and financials end-to-end - then grade management, value the business, and flag the risks. Unlock all of it for this company:

Verdict
The headline call - descriptive label, conviction, and the synthesis behind it.
Valuation
Guidance-anchored P&L bridge - worst / average / best multiple cases.
Walk the talk
Did management deliver on past guidance? A commitment-by-commitment scorecard.
Red flags
Forensic and governance risk pointers, severity-ranked.
Balance sheet
Solvency and earnings-quality score.
Concall briefs
Quarter-by-quarter earnings-call briefs - what changed and why.

₹49 unlocks this company for 90 days, ₹299 for a full year - bundles bring it lower. Built on public disclosures - educational, not investment advice.

AI Deep Dive

Verdict

Locked

The headline call - descriptive label, conviction, and the synthesis behind it.

Company data

Financials