• Revenue target: BlueStone is targeting ₹12,000 crore in revenue by FY30 at a projected 50% CAGR, having grown about 83% from FY22 to FY26 to become 8 to 9 times larger.
• Store network expansion: The company operates around 340 stores, with 50% of them under three years old, and plans to more than double its store footprint over the next three to four years.
• Key demand drivers: Management identified three major industry shifts driving growth: rising demand for everyday jewelry over wedding jewelry, consumer migration from unorganized to organized players, and increased internet usage for discovery and commerce.
• Market size outlook: The total Indian jewelry market is projected to reach approximately ₹10 lakh crore by FY30, providing a vast addressable market to support the company's targets.