Synopsis:
Motisons Jewellers jumped sharply after its Q2 net profit jumped 106% YoY and 167% QoQ to Rs 21 crore. Revenue fell 17% YoY but improved 14% QoQ, while expenses dropped sharply, boosting margins.
The shares of this leading company engaged in the selling of gold, diamond and kundan jewellery as well as other jewellery products are in focus after reporting a stellar Q2 performance. In this article, we will dive more into the details.
With a market capitalisation of Rs 1,650 crore, the shares of Motisons Jewellers Ltd reached a day’s high of Rs 18.06 per share, up 10 percent from its previous day’s closing price of Rs 16.45 per share. In the last one year, the stock has corrected by over 37 percent, underperforming NIFTY 50’s return of 10 percent.
Q2 Highlights
Motisons Jewellers reported a core revenue of Rs 90 crore in Q2 FY26, a decline of 17 percent as compared to Rs 109 crore in Q2 FY25. However, on a quarter-on-quarter basis, it grew by 14 percent from Rs 87 crore.
On the expenses front, it reported total expenses of Rs 62 crore in Q2 FY26, a decline of 35 percent as compared to Rs 94 crore in Q2 FY25. However, on a quarter-on-quarter basis, it declined by 18 percent from Rs 76 crore.
Regarding its profitability, it reported a net profit of Rs 21 crore in Q2 FY26, a staggering growth of 106 percent as compared to Rs 10 crore in Q2 FY25. Additionally, on a quarter-on-quarter basis, it recorded a robust growth of 167 percent from Rs 8 crore.
Motisons Jewellers has become a famous brand all over India after its establishment in 1998 in Jaipur, and being only a local jewellery store. A detailed and elegant jewellery piece is what the company is typically known for, and thus it has a great reputation in the premium jewellery market. The company’s flagship showroom is lotus-shaped, a symbol of wealth; thus, it has become one of the most famous jewellery places in Jaipur.
The showroom’s interiors are equally impressive, as it has gemstone inlay flooring, 24-carat gold-foil ceilings, and a grand three-storey chandelier. The rich ambience, artistic design, and focus on impeccable craftsmanship at Motisons make it a luxurious and memorable shopping experience for customers while also giving them access to some of the finest jewellery collections.
Written by Satyajeet Mukherjee
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