Renaissance Global Limited
3,865words
8turns
0analyst exchanges
1executives
Management on call
Sumit Shah
Chairman and Global CEO, Renaissance
Key numbers — 40 extracted
7.1%
29.3%
7.4%
Rs. 514 crore
Rs. 480 crore
14.3%
Rs. 55
crore
Rs. 84 crore
Rs. 44 crore
Rs. 43
crore
3.3%
12.1%
Guidance — 20 items
Global Limited said
opening
“"We are pleased to report a disciplined performance for FY25, with revenues from continuing operatins increasing by 6.7% year-over-year.”
Global Limited said
opening
“Adjusted EBITDA margin improved from 8.3% for FY24 to 9.6% for FY25.”
Global Limited said
opening
“We aim to expand this platform further by integrating additional IP-led brands, thereby strengthening our position in the licensed premium jewellery segment and driving deeper engagement with global fan communities.”
DISCLAIMER
opening
“In particular, such statements should not be regarded as a projection of future performance of Renaissance.”
DISCLAIMER
opening
“Results Presentation Q4 & FY25 and many more… Disclaimer This presentation and the following discussion may contain “forward looking statements” by Renaissance Global Limited (“Renaissance” or the Company) that are not historical in nature.”
DISCLAIMER
opening
“Such statements should not be regarded as a projection of future performance of Renaissance.”
DISCLAIMER
opening
“2 Q4 & FY25 Results Overview Q4 & FY25 Financial Summary Revenue from Continuing Operations (Rs.”
DISCLAIMER
opening
“Crore)** 7.1% 480.4 514.4 1,863.3 6.7% 1,988.2 EBITDA Margin 8.9% 8.6% 8.3% 9.6% 3.3% 42.7 44.1 191.3 153.9 24.3% Q4 FY24 Q4 FY25 12M FY24 12M FY25 Q4 FY24 Q4 FY25 12M FY24 12M FY25 PAT (Rs.”
DISCLAIMER
opening
“Crore)** PAT Margin 3.9% 4.4% EPS (Rs.)** 3.5% 73.6 4.3% 89.4 7.4% 21.5% 21.0 22.6 2.7% 2.1 2.1 7.6 9.9% 8.3 Q4 FY24 Q4 FY25 12M FY24 12M FY25 Q4 FY24 Q4 FY25 12M FY24 12M FY25 Note: *Adjusted for discontinued operations ** Adjusted for one time restructuring costs, exceptional items and discontinued operations 4 Management Message Commenting on the performance, Mr.”
DISCLAIMER
opening
“Sumit Shah – Chairman and Global CEO, Renaissance Global Limited said: We are pleased to report a disciplined performance for FY25, with revenues from continuing operations increasing by 6.7% year-over-year.”
Risks & concerns — 2 flagged
o Interest Expense Reduction as we anticipate a meaningful decline in interest costs, leveraging proceeds from the sale of our plain gold business and an expected favorable interest rate environment with announced rate cuts from the FED.
— This program includes
• Importantly, these savings exclude the impact of the acquisition, ensuring that the benefits derived are purely from internal cost-optimization efforts.
— This program includes
Speaking time
4
1
1
1
1
Opening remarks
Global Limited said
"We are pleased to report a disciplined performance for FY25, with revenues from continuing operatins increasing by 6.7% year-over-year. Adjusted EBITDA margin improved from 8.3% for FY24 to 9.6% for FY25. A key milestone during the year was our strategic investment in Jean Dousset Jewelry LLC—a distinguished U.S.-based jewellery designer celebrated for its bespoke craftsmanship and pioneering leadership in lab-grown diamond bridal jewellery. Leveraging our strong B2B distribution network and retail partnerships, we are well-positioned to support Jean Dousset’s growth and meet the rising global demand for ethically crafted premium fine jewellery. We successfully introduced WithClarity to the Indian market under our Irasva brand, through a shop-in-shop model and also a dedicated D2C website 'withclarity.in'. Focused on custom lab-grown diamond offerings, this initiative is well-aligned with evolving Indian consumer preferences. Our cost optimization program, initiated in Q2 and continui
DISCLAIMER
This press release and the following discussion may contain “forward looking statements” by Renaissance Global Limited (Renaissance or the Company) that are not historical in nature. These forward-looking statements, which may include statements relating to future results of operations, financial condition, business prospects, plans and objectives, are based on the current beliefs, assumptions, expectations, estimates, and projections of the management of Renaissance about the business, industry and markets in which Renaissance operates. These statements are not guarantees of future performance, and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond Renaissance’s control and difficult to predict, that could cause actual results, performance or achievements to differ materially from those in the forward-looking statements. Such statements are not, and should not be construed, as a representation as to future performance or achievements of
Note
[1] The company has initiated a cost restructuring to improve overall efficiency and intended to focus overall profitability, For this certain one time restructuring costs of ₹18.4 were paid during the course of the year. [2] In Q4 FY25 restructuring & exceptional expenses of ₹3.4 cr were paid pertaining to cost reductions & one time acquisition costs of Jean Dousset. [3] Adj. EBITDA of FY25 includes Q1 FY25 Plain gold division EBITDA of ₹2.9 cr. This table represents an adjusted picture of the profitability if the profits are adjusted for certain one time expenses. These numbers are not intended to represent the audited financial performance of the company and are only for indicative purposes only. 11 Consolidated Balance Sheet Particulars (In ₹ Crores) Mar-25 Mar-24 Particulars (In ₹ Crores) Mar-25 Mar-24 Shareholder's Funds Equity Share Capital Reserves & Surplus 1,422.3 1,148.5 21.4 19.2 1,369.6 1,129.3 Non-Current Assets Fixed Assets – Tangible & Intangible CWIP & Intangibles unde
Key Developments
Strategic Investment in Jean Dousset Jewelry LLC • Strategic minority investment renowned craftsmanship and pioneering work in lab-grown diamond jewellery. celebrated jewellery designer in Jean Dousset Jewelry LLC, a bespoke for its • • • • Founded by Jean Dousset, the great-great-grandson of legendary jeweler Louis Cartier, the brand has built a reputation for exquisite engagement rings and fine jewellery that blend elegance with ethical responsibility. Jean Dousset Jewellery elevates the luxury experience by catering to discerning customers through a seamless omnichannel approach. Nestled in the heart of West Hollywood, JD’s flagship luxury boutique is located at the prestigious intersection of Melrose Avenue and La Cienega Boulevard in Los Angeles, serving as a premier destination for exquisite craftsmanship and bespoke fine jewellery. Through this investment, we aims to support the brand’s expansion by leveraging our extensive B2B distribution network and strong relationships with
Key Developments
Next-Gen Jewellery for the New-Age Consumer: WithClarity India • Successfully introduced WithClarity to the Indian market in collaboration with WithClarity USA — featuring a premium shop-in- shop presence within IRASVA stores and a dedicated D2C website (withclarity.in). • Online Customization Model: Offers personalized engagement rings, wedding bands, and fine jewellery, crafted with precision using lab-grown diamonds. • Bringing Western Aesthetics to India: Curated for the modern Indian consumer with a taste for elegant, minimalist, and high- quality lab-grown jewellery. • Strengthens India Brand Strategy: Seamlessly aligns with our portfolio of India-owned brands, expanding our reach in the aspirational fine jewellery space. The lean D2C model and integrated retail approach contribute to our cost optimization roadmap and support our target of achieving India breakeven by FY26. 14
Key Developments
Introducing Wonder Fine Jewellery – Unlock the World of Wonder • Brand Umbrella Strategy: Wonder Fine Jewellery launched as an umbrella brand housing of our licensed brand collections. Presently It includes three global iconic brands: • Star Wars Fine Jewellery • Disney Jewels • Marvel Fine Jewellery • Optimized Customer Acquisition: By centralizing marketing efforts under a single brand ecosystem, we are aiming for greater efficiency, lowering customer acquisition costs, and maximizing digital impact across all channels. • Enhanced Consumer Experience: Offers customers a seamless shopping journey with access to all collections in one destination, encouraging cross-brand discovery. • We are excited to expand this platform further by adding our other brands, strengthening our position in the premium jewellery segment 15