Bluestone Jewellery & Lifestyle Ltd (BLUESTONE) — shareholding pattern, promoter holding, financials and share price
About Bluestone Jewellery & Lifestyle Ltd (BLUESTONE)
Bluestone Jewellery & Lifestyle Ltd operates in the Gems, Jewellery And Watches industry, within the Consumer Durables sector. It trades on the NSE as BLUESTONE and on the BSE under scrip code 544484. Its ISIN is INE304W01038.
Incorporated in 2011, BlueStone Jewellery and Lifestyle Limited manufactures and provides diamond, gold, platinum and studded jewellery. [1]
BlueStone Jewellery and Lifestyle Limited designs, manufactures and retails fine jewellery as a digitally native, design-led omnichannel brand operating online and through 340 stores across 134 cities, targeting modern consumers aged 25–45 with vertically integrated manufacturing and an in-house technology stack that supports discovery, personalization and inventory management.
FY26 was transformational: consolidated standalone revenue reached INR 24,412 million (FY26, +38% YoY) with Q4 revenue of INR 6,877 million (+49% YoY); adjusted EBITDA expanded sharply to INR 4,925 million (25.5% adjusted EBITDA margin) and Pre-IND AS EBITDA excluding inventory gains improved to INR 1,806 million for FY26, demonstrating operating leverage and margin recovery.
Listed peers in Gems, Jewellery And Watches: PC Jeweller Ltd, Sky Gold & Diamonds Ltd, P N Gadgil Jewellers Ltd, Ethos Ltd, Senco Gold Ltd, Timex Group India Ltd.
Valuation & Returns
10 Jul 2026At ₹581.3 a share on 10 Jul 2026, Bluestone Jewellery & Lifestyle Ltd (BLUESTONE) was valued at a price-to-earnings ratio of 672.16x against an industry P/E of 50.62x and a price-to-book of 9.77x on a book value of ₹59.5 per share as of Mar 2025. Solomo computes return on equity of 1.45% and return on capital employed of 7.92% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 672.16x
- Industry P/E
- 50.62x
- P/B
- 9.77x
- EPS (TTM)
- ₹0.86
- Book value / share
- ₹59.5
- ROE
- 1.45%
- ROCE
- 7.92%
- ROA
- 0.37%
- Debt / equity
- 2.11x
- Dividend yield
- 0%
- EBITDA margin
- 17.79%
- 52-week range
- ₹400.4 – ₹793
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Bluestone Jewellery & Lifestyle Ltd (BLUESTONE) reported revenue of ₹2,436 crore, net profit of ₹13 crore and earnings per share of ₹0.97. That compares with revenue of ₹1,770 crore and net profit of ₹-222 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹681 crore and net profit ₹31 crore (consolidated).
| Metric | Mar 2025 | Mar 2026 |
|---|---|---|
| Revenue (₹ cr) | 1,770 | 2,436 |
| Net profit (₹ cr) | -222 | 13 |
| EPS (₹) | -62.91 | 0.97 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 37.54% | 47.33% | 56.55% | 39.83% |
| Profit growth | - | - | - | -54.11% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 16.25% of Bluestone Jewellery & Lifestyle Ltd (BLUESTONE) (down 0.02 pp QoQ), foreign institutional investors (FII) hold 34.68% and domestic institutional investors (DII) hold 32.48%. Promoters have pledged 37.2% of their holding. Market capitalisation was ₹8,859 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Jun 2026: ACCEL INDIA III (MAURITIUS) LTD 8.08%, NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUL 6.53%, SBI LIFE INSURANCE CO. LTD 4.4%, MIH INVESTMENTS ONE B.V. 3.99%, SUNIL KANT MUNJAL 3.65%, AMANSA HOLDINGS PRIVATE LIMITED 3.22%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 16.25% | 37.2% | 34.68% | 32.48% | 83.75% |
| Mar 2026 | 16.27% | 37.2% | 34.19% | 33.91% | 83.73% |
| Dec 2025 | 16.36% | 37.2% | 34.95% | 32.51% | 83.64% |
| Sep 2025 | 16.36% | 37.2% | 35.24% | 32.49% | 83.64% |