BlueStone Targets ₹12,000 Cr Revenue by FY30, Stock Jumps 7.6% on Bullish Broker Notes

BlueStone's investor day laid out a 50% CAGR path to FY30, doubling stores to 706 and lifting EBITDA margin from 7.4% to 14.7%. FY26 swung to ₹26 Cr profit from a ₹219 Cr loss, with repeat revenue at 54.5% across 940K customers. JM Financial set a ₹650 target as shares hit ₹546.85 intraday.

— Filed Thu, 4 Jun, 2026, 12:53 IST · Source Inc42 · Updated

BlueStone shares rose 7.6% after its investor day outlined a 50% CAGR target through FY30, ₹12,000 Cr revenue goal, and store expansion to 706. JM Financial and Nuvama issued bullish notes citing omnichannel model and maturing cohorts.

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