Lalithaa Jewellery Mart
Lalithaa Jewellery Mart is expanding, with its network at 66 stores after the Mayiladuthurai opening and Q1 FY2027 revenue up 26% year-on-year (NDTV Profit, 22 Sept). Negative operating cash flow and a ₹1,066 crore GST dispute weigh on it (Mint, 24 Aug).
What it means
Lalithaa Jewellery Mart's scale now pays for itself: room for new showrooms and making-charge offers.
Reported: Net profit +177% on revenue +48.1% in FY26. CNBC-TV18,
Before its next results:Before then:
- Affected
- Kalyan Jewellers and Titan — facing a better-funded Lalithaa Jewellery MartDo now: defend your strongest catchments: it has profit to spend where it competes with you.
- Lalithaa Jewellery Mart's karigars and bullion suppliers — a stronger buyer at the tableDo now: expect firmer terms from it; lock volumes and prices.
Both figures from 17 Aug 2026 reports.
up 48.1% YoY
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Footprint: where Lalithaa Jewellery Mart opened
1 store opening in 1 city on record since May 2026; 1 announced plan.
- Mayiladuthurai1 opening
Background
From 8 stories, the newest dated 2 Oct 2026. Summary written 3 Oct 2026.
Lalithaa Jewellery Mart is a jewellery retailer whose shares trade on the NSE. [1] source: Mint
Show 3 more paragraphs and 8 sources
It operates showrooms in South India and had 66 stores in September 2026. [2] source: NDTV Profit[3] source: The Hindu BusinessLine Helios Capital highlighted its low making charges and noted its unhedged gold position in September 2026. [4] source: Business Today
Lalithaa Jewellery Mart raised Rs 1,700 crore in India's July-September 2026 IPO quarter. [5] source: Business Today It reported 26% year-on-year revenue growth for Q1 FY2027, and its core gross margin improved 20 basis points year-on-year. [2] source: NDTV Profit It opened its 66th showroom, spanning 6,770 sq ft, in Mayiladuthurai in September 2026, taking its footprint from 61 to 66 stores since April 2026. [2] source: NDTV Profit Shanti Gold invested ₹3.88 crore in the company in August 2026. [6] source: Mint Its shares hit a 5% upper circuit at ₹336.10 on 22 September after rising more than 10% over the past week. [1] source: Mint They fell 2.85% as Indian jewellery stocks declined, NDTV Profit reported on 1 October 2026. [7] source: NDTV Profit
The Hindu BusinessLine reported in August 2026 that Lalithaa plans to enter Malaysia within two months and Singapore thereafter. [3] source: The Hindu BusinessLine It plans to add 110 showrooms in South India from 64 at the time, and to target Maharashtra, Uttar Pradesh and Delhi after reaching 175 stores in the South. [3] source: The Hindu BusinessLine
Sources
Questions about Lalithaa Jewellery Mart
What are Lalithaa Jewellery Mart's expansion plans?
Lalithaa Jewellery Mart opened its 66th showroom in Mayiladuthurai in September 2026. In August 2026 it planned to enter Malaysia and then Singapore, add 110 South India showrooms, and later target Maharashtra, Uttar Pradesh and Delhi. [2] source: NDTV Profit[3] source: The Hindu BusinessLine
Where and when is Lalithaa Jewellery Mart opening new stores?
Lalithaa Jewellery Mart opened its 66th showroom in Mayiladuthurai in September 2026. The new showroom spans 6,770 sq ft. [2] source: NDTV Profit[8] source: NDTV Profit
How many Lalithaa Jewellery Mart stores are there?
Lalithaa Jewellery Mart had 66 stores in September 2026, up from 61 since April 2026. [2] source: NDTV Profit
How fast is Lalithaa Jewellery Mart growing in India?
Lalithaa Jewellery Mart reported Q1 FY2027 revenue growth of 26% year-on-year, and its core gross margin improved 20 basis points year-on-year. [2] source: NDTV Profit
What is Lalithaa Jewellery Mart's current strategy in India?
Lalithaa Jewellery Mart raised Rs 1,700 crore in the July-September 2026 IPO quarter. [5] source: Business Today In August 2026 it planned to enter Malaysia and then Singapore and add 110 South India showrooms. [3] source: The Hindu BusinessLine In September 2026 it opened its Mayiladuthurai showroom. [2] source: NDTV Profit
More stories about Lalithaa Jewellery Mart
- Lalithaa Jewellery lists at 32% premium; ₹1,200 crore fresh issue to fund 10 stores
- Lalithaa Jewellery Mart IPO draws 14.2x subscription; GMP signals 22% listing premium
Stories that mention Lalithaa Jewellery Mart
1 story
Lalithaa Jewellery Mart is named in these stories but is not their subject.