KALYANKJIL · Kalyan Jewellers India Ltd · Retail (Specialty)
KALYANKJIL · Kalyan Jewellers India Ltd · Retail (Specialty)
As of 06 Nov close
52-week range
9.0% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 53 days old
Revenue (latest Q)
₹10,589 Cr
Revenue YoY
PAT YoY
+32.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
9.8
P/S (TTM)
1.6
Sector P/E
Not available from data source
Dividend yield
+0.4%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| KALYANKJIL (this stock) | 27.8 | 9.8 | +3.7% | +22.8% | 0.97 | +0.4% |
| Thangamayil Jewellery | 50.9 | 10.8 | +4.1% | +27.6% | 0.64 | +0.3% |
| Honasa Consumer | 59.9 | 14.2 | +9.8% | +17.6% | 0.1 | +0.6% |
| Aditya Vision | 61 | 11.1 | +4.8% | +20.2% | 0.83 | +0.2% |
Promoter
stable
FII
falling 1q
MF
15.41% (+1.78pp)
rising 1q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 13 Feb 2026 | TS Kalyanaraman | BUY | 2,33,000 | ₹10.06 Cr |
| 12 Feb 2026 | TS Kalyanaraman | BUY | 2,31,500 | ₹9.96 Cr |
| 11 Feb 2026 | TS Kalyanaraman | BUY | 2,30,000 | ₹9.95 Cr |
| 10 Feb 2026 | TS Kalyanaraman | BUY | 2,19,760 | ₹9.48 Cr |
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| KALYANKJIL | 2026-07-29 | 5663946 | 1 | WEAK | BULK |
| KALYANKJIL | 2026-07-17 | 6213325 | 1 | WEAK | BULK |
| KALYANKJIL | 2026-07-16 | 5509322 | 1 | WEAK | BULK |
| KALYANKJIL | 2026-07-15 | 7493504 | 1 | WEAK | BULK |
| KALYANKJIL | 2026-07-14 | 14040738 | 2 | MEDIUM | BULK |
| KALYANKJIL | 2026-07-13 | 18711133 | 2 | WEAK | BULK |
| KALYANKJIL | 2026-07-10 | 23099735 | 3 | STRONG | BULK |
| KALYANKJIL | 2026-07-09 | 8775327 | 1 | WEAK | BULK |
| KALYANKJIL | 2026-07-08 | 6137716 | 1 | WEAK | BULK |
| KALYANKJIL | 2026-05-29 | 15530594 | 2 | STRONG | BULK |
| KALYANKJIL | 2026-05-13 | 5695353 | 1 | WEAK | BULK |
News timeline
- unknowneconomictimes.indiatimes.com· 27 Aug 2026, 10:07 pmPriority Jewels IPO: Co raises Rs 27 crore from Whiteoak Capital and others in anchor round
- unknowneconomictimes.indiatimes.com· 20 Aug 2026, 09:09 amShankesh Jewellers IPO Day 3: Check GMP, subscription status — Should you subscribe?
- loweconomictimes.indiatimes.com· 05 Aug 2026, 09:25 pmAhead of Market: 10 things that will decide stock market action on Thursday
- loweconomictimes.indiatimes.com· 29 Jul 2026, 09:27 pmAhead of Market: 10 things that will decide stock market action on Thursday
Concalls & investor presentations
AI-generatedKey takeaway: Kalyan Jewellers India Limited reported satisfactory performance for Q1 FY27, with consolidated revenue growth of 38% and profit after tax (PAT) growth of 32%. Management noted robust demand, except during the Adhik-Maas period, and highlighted the success of their "Shine with India" gold recirculation campaign, which increased the share of recycled gold to over 46%. The company launched a regional brand, Akshaya Thanga Maligai, tailored for Tamil Nadu, with plans for multiple showrooms. Management confirmed ongoing efforts to reduce non-GML debt and maintain PBT margins similar to the previous year, despite some margin dilution from old gold exchanges. The e-commerce segment, Candere, reported positive PAT and plans to open 50 new showrooms. Overall, management expressed confidence in the growth trajectory and market positioning amidst competition.
Management emphasized strong performance and growth initiatives.
Sourced from an exchange-filed transcript, dated 08 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Kalyan Jewellers India Limited's investor presentation, dated August 4, 2026, provided an overview of the company's standalone and consolidated financial results for the quarter ending June 30, 2026. The presentation highlighted Kalyan Jewellers as one of India's largest jewellery companies, established in 1993, with a strong brand built on trust and transparency. It reported a total of 524 showrooms across India, the USA, the UK, and the Middle East, and emphasized its hyperlocal business model and grassroots 'My Kalyan' network for customer outreach. The company outlined its strategic priorities, including expanding its showroom network through a capital-light franchise model and increasing its product offerings. Financially, Kalyan Jewellers reported revenues of ₹3,90,633 million and a profit after tax of ₹14,350 million for the last twelve months. The presentation also discussed the company's focus on leveraging technology and enhancing customer engagement.
The presentation emphasized growth and strategic expansion initiatives.
Sourced from an exchange-filed presentation, dated 04 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Kalyan Jewellers India Limited reported strong financial results for Q4 FY '26, with consolidated revenue growth of 66% and profit after tax (PAT) growth of 118%. The company achieved a consolidated revenue of over INR 35,700 crores and a PAT of INR 1,350 crores for the full financial year. Management highlighted the launch of 129 new showrooms, including the first in the U.K., and a significant reduction in non-GML debt from INR 1,300 crores to INR 300 crores over three years. Candere, the online jewelry brand, saw a revenue increase of 160% and became PAT positive in the second half of FY '26. The Board of Directors set a goal of approximately INR 257 crores for dividends, representing around 20% of net profit. Management noted strong consumer demand, particularly for wedding purchases, and plans to open 150 new showrooms in the current financial year.
Management emphasized strong growth and positive financial performance.
Sourced from an exchange-filed transcript, dated 11 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Kalyan Jewellers India Limited's investor presentation detailed the company's standalone and consolidated financial results for the year ending March 31, 2026. The presentation highlighted Kalyan Jewellers as one of India's largest jewellery companies, established in 1993, with a significant presence across India and the Middle East. As of March 31, 2026, the company operated 507 showrooms globally, including 342 in India and 38 in the Middle East. The presentation reported revenues of ₹3,57,429 million and a profit after tax of ₹13,504 million for FY26, reflecting a 46% CAGR over the past six years. Management emphasized a capital-light expansion strategy through franchised stores, aiming to enhance shareholder returns and reduce debt. The document also outlined strategic priorities, including deepening customer outreach through the 'My Kalyan' network and expanding product offerings to cater to diverse customer segments.
Management emphasized strong growth and strategic initiatives to enhance market presence.
Sourced from an exchange-filed presentation, dated 08 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Kalyan Jewellers India Limited reported strong financial performance for Q3 FY 2026, with consolidated revenue of Rs. 10,343 crores, reflecting a 42% increase year-over-year. Profit after tax rose by 90% to Rs. 416 crores. Management highlighted robust same-store sales growth, particularly during the festive season, and noted that their e-commerce platform, Candere, achieved significant revenue growth of 117% over nine months, becoming profit after tax positive. The company plans to continue expanding its showroom network and enhancing inventory levels. Despite volatility in gold prices, management expressed optimism about the ongoing wedding season and customer traction. They also discussed the impact of gold price fluctuations on inventory management and franchisee operations, indicating a strategic approach to maintain profitability. The earnings call concluded with management reaffirming their commitment to strong execution and performance.
Management emphasized strong financial results and growth initiatives.
Sourced from an exchange-filed transcript, dated 10 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Kalyan Jewellers India Limited's investor presentation, dated February 6, 2026, provided an overview of the company's standalone and consolidated financial results for the quarter ending December 31, 2025. The presentation highlighted Kalyan Jewellers as one of India's largest jewellery companies, established in 1993, with a strong brand built on trust and transparency. The company reported a total of 469 showrooms across India, the USA, the UK, and the Middle East as of December 31, 2025. Key financial metrics included revenues of ₹3,16,495 million and a profit after tax of ₹11,285 million for the last twelve months. The presentation emphasized the company's strategic priorities, including expanding its 'My Kalyan' grassroots network and leveraging a capital-light franchise model for growth. Management noted a focus on enhancing customer outreach and diversifying product offerings to cater to various market segments.
The presentation provided a balanced overview of the company's performance and strategic initiatives without strong emphasis on growth or challenges.
Sourced from an exchange-filed presentation, dated 06 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedThe report outlines Kalyan Jewellers' strategic evolution into a pan-India brand through its FOCO model, emphasizing capital efficiency and improved return ratios. It highlights expansion into new retail formats, sustainability initiatives like the 'Shine with India' program, and efforts to strengthen corporate governance and internal controls. The company also discusses its financial resilience, including debt reduction and improved credit ratings, while maintaining a focus on operational agility and customer-centric strategies.
- Adoption of a capital-light FOCO model to drive expansion and improve RoCE/RoE
- Expansion into complementary retail formats like Candere and a new regional brand
- Initiatives to recycle household gold and reduce import dependency
- Strengthening corporate governance with internal controls and audit processes
- Focus on operational agility to manage gold price volatility and consumer demand shifts
Key takeaway: Kalyan Jewellers has strategically transformed its business model to prioritize capital efficiency, sustainability, and governance, positioning itself for long-term value creation through agile operations and diversified retail formats.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
No item of a kind that needs attention was stored for this company.
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has disputed Sales Tax demands, with ₹8.19 million deposited under protest as of 31 March 2026 (previously ₹13.94 million as of 31 March 2025).
Earlier (1-3 years ago)
The Company has issued a letter of financial support to its subsidiary Enovate Lifestyles Private Limited to enable it to continue as a going concern. Future cash flows related to this and other matters are determinable only upon receipt of judgments or decisions from pending appellate proceedings.
The company has provided a Standby Letter of Credit (SBLC) to banks on behalf of its group companies and a counter guarantee given to a bank for guarantees issued by the company on behalf of its group companies. There are disputes over tax dues and other issues pending with appellate authorities, with future cash flows determinable only upon receipt of judgments or decisions.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company made a contribution to Kalyan Jewellers Foundation, a related party, as part of its CSR activities, with an amount of ₹8.30 million allocated for the current year.
Earlier (1-3 years ago)
The company has a related-party transaction involving contribution to Kalyan Jewellers Foundation, as detailed in the notes of the financial statements.
The company has transferred INR 51.30 million to Kalyan Jewellers Foundation as current year allocation for a multi-year infrastructure project, with the amount to be utilized within three years.
Statutory dues in dispute
1 occurrenceEarlier (1-3 years ago)
The company has outstanding tax dues under various statutes (Kerala VAT, CST, GST, and local body tax) from 2012-13 to 2017-18, with disputes pending in multiple forums including appellate tribunals and high courts.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
17.53% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).