What we do Lalithaa Jewellery Mart Ltd designs, manufactures, and sells gold, diamond, platinum, and silver jewellery through retail stores and manufacturing units. |
Founded in 1,985 |
Market share Operates 50 stores with a growing presence beyond Tamil Nadu, including Hyderabad and Pondicherry, expanding rapidly. |
Problem solved Provides high-quality, authentic jewellery meeting diverse customer needs in multiple regions, ensuring trust and variety in offerings. |
Top clients or who we serve Retail customers seeking gold and diamond jewellery, mainly B2C segment in South India expanding nationwide. |
Key management - |
Our journey and innovations Started in 1985; expanded stores from Chennai to multiple cities; acquired Asita Jewellery Manufacturing and Centigrade Apparels in 2024. |
Where we operate Primarily Tamil Nadu, Pondicherry, Hyderabad, and other Indian cities with 50 retail outlets. |
Top products or what we offer Gold, diamond, platinum, and silver jewellery; manufacturing and retailing across 50 stores. |
Top brands - |
Raw materials needed Precious metals and stones including gold, diamonds, platinum, and silver. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely cyclical, linked to consumer demand and festive seasons. |
Our industry position Strong regional presence with rapid expansion positioning it well among Indian jewellery retailers. |
Financial highlights Revenue: Rs 25024 crore; Net Profit: Rs 1010 crore for fiscal year ending 2026. |
Geographical revenue split - |
Order book - |
Whats driving growth Store expansion, acquisitions, increased manufacturing capacity, and planned IPO raising Rs 1700 crore. |
Our future plans IPO planned for 2024 to raise Rs 1700 crore; ongoing store and manufacturing unit expansions. |
Our green promise - |
Our people and values Focused on quality craftsmanship and customer trust, fostering a retail-oriented culture. |
Key challenges ahead Managing large-scale expansion and integration of recent acquisitions while maintaining quality. |
Interesting facts Second store opened in 2007 outside Chennai; new manufacturing operations started in late 2024. |
Risks and strategy Addressing market competition and operational scaling through acquisitions and new manufacturing capabilities. |
