Malabar Gold Aims for ₹78,000-Cr Revenue in FY26.

Malabar Gold & Diamonds has unveiled ambitious plans for the fiscal year 2026, projecting a robust revenue of ₹78,000 crore. This aggressive target comes alongside a significant expansion strategy that will see the jewellery retail giant open 60 new showrooms, extending its vast presence to 15 countries, 22 Indian states, and 3 Union Territories.

The company is also set to make its debut in new international markets, including New Zealand and Ireland, further solidifying its global footprint. This expansion follows closely on the heels of the recent launch of its 400th store in Noida, a testament to its rapid growth.

As Malabar Gold & Diamonds scales its retail operations, it also plans to substantially increase its global workforce to nearly 27,250 management team members.

MP Ahammed, Chairman of Malabar Group, expressed his enthusiasm, stating, "We are thrilled to mark the opening of our 400th showroom in Noida. This milestone is a testament to our growth ambitions and marks a significant step in our ever-expanding footprint across India and globally in the journey to be the No. 1 global jewellery retailer."

He further detailed the company's strategic vision: "We have a comprehensive business strategy in place targeting expanding with 60 new showrooms and manufacturing units, aiming for a turnover of ₹78,000 crore in the current financial year, and committing an investment of over ₹5,000 crore to drive growth."

Adding to this, Asher O, Managing Director – India Operations, Malabar Gold & Diamonds, highlighted the domestic focus: "The company plans to strengthen its presence within existing and new states and union territories, reaching a total of 22 States and 3 Union Territories by the end of this financial year."