Malabar Gold eyes double-digit H2 FY26 growth, Rs 78,000 cr revenue target ahead of 2027-28 IPO

Malabar Gold and Diamonds expects double-digit growth in H2 FY26 on festive and rural demand, targeting Rs 78,000 crore revenue. The chain opened its 400th store and is pushing global expansion with NZD 75 million in New Zealand (3 showrooms) and a 2nd UK store, while consolidating operations for a potential 2027-28 IPO.

— Filed Mon, 29 Jun, 2026, 22:56 IST · Source ET Retail · Updated

Malabar Gold expects double-digit H2 FY26 growth on festive and rural demand, targeting Rs 78,000 crore revenue. It opened its 400th store, plans NZ/UK expansion, and is consolidating operations ahead of a potential 2027-28 IPO.

Why this matters

Malabar is scaling its store network past 400 outlets and expanding into New Zealand and the UK while consolidating operations, signaling pre-IPO positioning targeting a 2027-28 listing.

Retail-company signals accelerating, up 415800% QoQ.