Kalyan Jewellers India Limited share price

NSE: KALYANKJIL · ISIN INE303R01014

Key numbers

Market cap
₹ 59,177 Cr
Current price
₹ 573.00
52-week high / low
₹ 649 / 327
Stock P/E
41.3
Book value
₹ 61.2
Dividend yield
0.44%
ROCE
19.6%
ROE
24.3%
Debt to equity
0.97
Sales growth (3 yrs)
36.4%
Profit growth (3 yrs)
46.1%
1-year return
19.6%

About Kalyan Jewellers India Limited

Kalyan Jewellers India Limited, together with its subsidiaries, engages in the manufacture and retail of various gold and precious stone studded jewelry products in India, the Middle East, the United states of America, and United Kingdom, and internationally. It offers gold, diamond, silver, platinum, gemstone, and white and rose gold jewelry, including wedding, staple regional, aspirational, studded, and other jewelries. The company also provides chains, necklaces, bangles, bracelets, nose studs, choker, jewelry, and moti sets, daily wear, vaddanam, rings, earrings, pendants, anklets, pearls, studs, jhumka, lockets, harams, kadas, payals, and second studs. It offers its products under MUDHRA, NIMAH, ANOKHI, RANG, TEJASVI, ZIAH, LAYA, GLO, CANDERE, VEDHA, APOORVA, HERA, and MUHURAT brand names. Further, it sells its products through an online platform, candere.com. Kalyan Jewellers India Limited was founded in 1993 and is headquartered in Thrissur, India.

Quarterly results

Consolidated figures in ₹ crores

Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7,2687,85610,34310,27510,589
Operating profit508497750736633
Net profit264261416410349
EPS (₹)2.562.524.033.973.38

Concall summary (2026-08-08)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • The initiative was well received by our customers, helping us to increase the share of recycled gold as a percentage of revenue to over 46% during Q1 FY 2027.
  • And just lastly, is it possible to sh are what kind of a custom duty benefit we can expect in 2Q, like this quarter was INR41 crores.

Growth & demand

  • While consolidated revenue growth ex -bullion and PAT gro wth have been 38% and 32%, respectively, on a stand alone basis, the revenue growth ex -bullion and PAT growth have been 38% and 25%, respectively.
  • The company reported consolidated revenue of INR10,008 crores, a growth of 38% over the corresponding quarter of the previous year.

Margins & costs

  • And consolidated EBITDA came in at INR633 crores versus INR508 crores in the corresponding quarter of the previous year.
  • And India EBITDA came in at INR500 crores vers us INR434 crores when compared with the corresponding quarter of the previous year.

Capex & expansion

  • Way forward ROCEs will further improve because we focus on capital-light expansion.
  • So revenue growth has been strong, expansion also has been strong.

Balance sheet & cash

  • Regarding the non -GML debt reduction, we are well on track to complete the repayment by end of September.
  • In a couple of months, because I told you, September we will be debt free, non-GML.

Peers in Luxury Goods

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