What we do Renaissance Global Ltd is a design, manufacturer, and seller of diamond-studded gold, platinum, and silver jewelry, primarily serving the US and global markets. |
Founded in 1,997 |
Market share Among India's largest exporters of silver jewelry and a recognized global branded jewelry player. |
Problem solved Provides high-quality, affordable, and ethically sourced diamond-studded fine jewelry to global customers with a focus on branded and direct-to-consumer segments. |
Top clients or who we serve B2B and B2C customers, including global retailers and direct consumers mainly in USA, India, and Europe. |
Key management Darshil Shah (Managing Director), Sumit N Shah (Chairman), Hitesh M Shah (Executive Director). |
Our journey and innovations Started as Mayur Gem & Jewellery in 1997; shifted from B2B manufacturer to branded D2C model via acquisitions including Jean Dousset and With Clarity. |
Where we operate Primarily India and USA, with subsidiary operations in UK, Dubai, Bangladesh and global retail presence. |
Top products or what we offer Diamond-studded jewelry including rings, earrings, pendants, bracelets, and bangles under owned and licensed brands. |
Top brands Jean Dousset, With Clarity, Enchanted Disney, Verigold Jewelry, Irasva. |
Raw materials needed Gold, platinum, silver, polished diamonds, and precious stones. |
Raw materials supplier Not specified; procurement aligned with ethical sourcing standards. |
Recurring vs cyclical contribution Revenue mix includes both recurring branded sales and cyclical B2B exports. |
Our industry position Leading Indian exporter, expanding branded luxury segment with high-margin D2C focus. |
Financial highlights FY25 consolidated revenue ~₹2080 Cr, PAT ₹73.7 Cr, steady EBITDA margins around 8-9%. |
Geographical revenue split ~7.5% India, ~92.5% Outside India with focus on USA market. |
Order book - |
Whats driving growth Shift to high-margin D2C owned and licensed brands, digital expansion, strategic acquisitions. |
Our future plans Expand global retail footprint of Jean Dousset to 15 stores by FY29; grow digital D2C brands extensively. |
Our green promise 63% power consumption from renewable sources in manufacturing units; energy conservation initiatives ongoing. |
Our people and values Over 2000 employees, focus on diversity, inclusion, continuous skill development and ethical governance. |
Key challenges ahead Geopolitical risks in key markets, raw material price volatility, global economic uncertainties. |
Interesting facts Recognized as largest Indian exporter of silver jewelry in 2023-24, pioneer in lab-grown diamond luxury segment. |
Risks and strategy Mitigates risks via diversified markets, robust governance, brand diversification and sustainable operations. |
