Kalyan Jewellers India Ltd.

•

kalyanjewellers.netBSE: 543278NSE: KALYANKJIL

Market Cap₹ 62,032 Cr.

Current Price

High / Low₹ 649 / 327

Stock P/E43.2

Book Value₹ 64

Price to Book6.16

Dividend Yield0.42 %

ROCE24.9 %

ROE24.3 %

Face Value₹ 10

Add ratio to table

ABOUT

AI Sector View

AI GENERATED

Consumer Durables

Buy

Urban discretionary demand is mixed but investable. Credit card transactions rose 27.0% YoY (2026-06), urban CMIE sentiment was 109.5 (2026-07), and consumer spending remained large at INR 44743 billion (Jun/26), even though formal consumer confidence fell to 88.3 points (Jul/26) and debit card transactions were -9.0% YoY (2026-06). Heavy sector inflows of INR 13175 crore over 3 months to 2026-08-31 indicate strong investor positioning behind the theme.

Confidence

76%

View full sector analysis →

PROS

Promoters have been increasing their shareholding - up 2.3pp over 2 years
Company has consistently been profitable over the last 5 years
Company has delivered good sales growth of 33.0% CAGR over last 5 years
Latest quarter profit grew 32.0% YoY, showing strong momentum
Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.45x)

CONS

Receivables are growing faster than sales - a possible quality concern
Stock is trading at 6.2x its book value

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Consumer DurablesDiamond & JewelleryDiamond & Jewellery

Part ofNIFTYLARGEMIDCAP250 NIFTYMIDCAP150 NIFTY MIDCAP 100 NIFTY MIDCAP 150 NIFTY TOTAL MKT

S.No.	Name
1.	TITAN	5005.00	77.14	444336.97	0.30	1777.00	62.88	21356.00	44.16	21.90	13.54
2.	KALYANKJIL	600.65	43.23	62032.19	0.42	348.67	32.03	10588.93	45.68	24.86	5.97
3.	LALITHAA	338.50	18.76	18946.18	0.00	2082.17	—	60312.32	—	43.11	6.18
4.	THANGAMAYL	5135.45	40.82	15962.02	0.35	85.09	86.15	2666.38	71.44	26.62	5.43
5.	BLUESTONE	890.30	241.52	13601.89	0.00	59.61	271.56	7368.46	1395.59	9.24	14.50
6.	PCJEWELLER	13.70	17.25	13360.42	0.00	221.88	37.02	877.04	20.99	9.68	27.54
7.	SKYGOLD	827.45	38.25	12815.04	0.00	104.90	140.67	2012.79	77.93	27.61	7.79
8.	AUGMONT	886.85	24.27	8103.46	0.00	—	—	—	—	70.86	—
9.	SENCO	346.45	9.95	5678.35	0.51	101.14	-3.35	3056.03	67.34	22.86	6.97
10.	GOLDIAM	324.65	23.18	4887.84	0.64	73.97	120.06	326.03	41.92	24.85	20.33
11.	VAIBHAVGBL	212.80	12.53	3570.14	2.82	563.83	1398.27	9170.73	1026.99	18.41	10.55
12.	TBZ	522.35	16.31	3485.67	0.48	33.92	50.76	840.97	34.78	23.29	8.60

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	4,376	4,415	5,223	4,525	5,528	6,058	7,278	6,182	7,268	7,856	10,343	10,275	10,589
	4,053	4,101	4,853	4,229	5,159	5,738	6,848	5,782	6,760	7,359	9,593	9,539	10,180
Operating Profit	323	314	370	296	368	319	430	399	508	497	750	736	409
OPM %	7.38%	7.11%	7.08%	6.55%	6.66%	5.27%	5.91%	6.46%	6.99%	6.33%	7.26%	7.16%	3.86%
	12	13	20	39	30	34	40	41	46	51	23	46	56
Interest	82	82	82	78	85	90	88	96	104	95	104	130	108
Depreciation	64	67	70	74	75	85	89	93	98	103	109	113	115
Profit before Tax	188	178	239	184	237	178	294	251	353	350	560	539	465
Tax %	23.83%	24.29%	24.39%	25.14%	25.23%	26.76%	25.51%	25.14%	25.18%	25.63%	25.65%	24.00%	24.99%
Net Profit	0	0	0	0	178	130	219	188	264	261	416	410	349
	1.40	1.31	1.75	1.34	1.73	1.27	2.12	1.82	2.56	2.52	4.03	3.97	3.38

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	9,589	10,548	9,771	10,101	8,573	10,818	14,071	18,516	25,045	35,743	39,063
	9,011	9,913	9,152	9,302	7,949	9,965	12,907	17,180	23,465	33,185	36,671
Operating Profit	577	635	619	799	624	853	1,165	1,335	1,580	2,558	2,392
OPM %	6.02%	6.02%	6.34%	7.91%	7.28%	7.88%	8.28%	7.21%	6.31%	7.16%	6.12%
	42	32	43	80	45	38	5	106	145	167	176
Interest	380	318	418	419	405	360	353	379	422	499	438
Depreciation	103	113	224	239	225	232	245	274	343	423	440
Profit before Tax	136	237	21	221	39	299	572	789	960	1,802	1,914
Tax %	18.00%	34.63%	123.24%	35.59%	115.43%	25.04%	24.42%	24.41%	25.58%	25.06%	25.02%
Net Profit	111	155	-5	142	-6	224	432	596	714	1,350	1,435
EPS	1.33	1.86	-0.04	1.49	-0.07	2.18	4.20	5.80	6.93	13.08	—
Dividend Payout %	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	11.89%	20.69%	21.64%	19.12%	—

COMPOUNDED SALES GROWTH

10 Years:: 14%
5 Years:: 33%
3 Years:: 36%

COMPOUNDED PROFIT GROWTH

10 Years:: 41%
5 Years:: —
3 Years:: 46%

STOCK PRICE CAGR

10 Years:: —
5 Years:: 56%
3 Years:: 38%
1 Year:: 19%

RETURN ON EQUITY

10 Years:: 10%
5 Years:: 15%
3 Years:: 19%
Last Year:: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	839	839	839	839	1,030	1,030	1,030	1,030	1,031	1,033
Minority Interest	0	-2	-4	-3	0	1	-0	-1	0	0
	576	1,085	1,046	1,203	1,796	2,107	2,605	3,148	3,764	5,269
	2,534	4,077	4,518	4,308	3,990	3,930	4,173	4,341	4,755	5,871
Trade Payables	1,329	749	419	558	690	657	1,193	1,944	2,350	3,360
	1,027	1,188	1,210	1,326	1,462	1,473	2,086	2,933	3,797	6,297
Total Liabilities	6,304	7,936	8,030	8,231	8,969	9,197	11,086	13,395	15,698	21,829
	986	1,195	2,090	2,105	1,838	1,860	1,842	2,238	2,785	3,250
Capital Work in Progress	0	18	17	24	53	2	20	48	8	18
	0	1	3	0	0	1	4	4	5	6
	4,167	5,022	4,501	4,720	5,303	5,794	7,014	8,298	9,681	14,175
	0	0	0	0	0	0	0	328	400	867
Cash & Bank	695	1,018	825	750	1,097	777	982	975	1,031	861
	456	682	595	631	679	763	1,225	1,503	1,787	2,654
Total Assets	6,304	7,936	8,030	8,231	8,969	9,197	11,086	13,395	15,698	21,829

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	198	962	428	326	686	417	1,142	1,322	1,209	1,318
Cash from Investing	-143	-643	-124	34	-217	64	-384	-137	-177	-118
Cash from Financing	14	-301	-293	-343	-208	-544	-638	-1,148	-840	-1,264
	55	-22	-28	11	204	-216	-8	37	193	-64

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	60.59	62.90	62.85	62.85	62.82	62.78	62.76	62.87	62.86
	21.20	15.74	16.37	16.89	16.83	14.12	14.11	14.55	10.82
	11.75	13.74	13.57	11.97	13.34	14.56	15.23	14.13	15.83
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	6.46	7.62	7.21	8.30	7.02	8.54	7.91	8.46	10.49

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-08

Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-08 - Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet

2026-09-07

Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-07 - Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet

2026-08-21

General Updates

2026-08-21 - Kalyan Jewellers India Limited has informed the Exchange about General Updates

2026-08-21

Copy of Newspaper Publication

2026-08-21 - Kalyan Jewellers India Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-20

Copy of Newspaper Publication

2026-08-20 - Kalyan Jewellers India Limited has informed the Exchange about Copy of Newspaper Publication

2026-08-20

Shareholders meeting

2026-08-20 - Kalyan Jewellers India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 19, 2026

2026-08-17

Record Date

2026-08-17 - Kalyan Jewellers India Limited has informed the Exchange that Record date for the purpose of Dividend is 12-Sep-2026.

2026-08-17

Updates

2026-08-17 - Kalyan Jewellers India Limited has informed the Exchange regarding 'Intimation of 18th Annual General Meeting'.

2026-08-13

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-13 - Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet

News

Recent coverage and analyst commentary for KALYANKJIL

Loading news…

🤖

AI Stock Analyst

Kalyan Jewellers India Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

TITAN

5005.00

77.14

444336.97

0.30

1777.00

62.88

21356.00

44.16

21.90

13.54

KALYANKJIL

600.65

43.23

62032.19

0.42

348.67

32.03

10588.93

45.68

24.86

5.97

LALITHAA

338.50

18.76

18946.18

0.00

2082.17

—

60312.32

—

43.11

6.18

THANGAMAYL

5135.45

40.82

15962.02

0.35

85.09

86.15

2666.38

71.44

26.62

5.43

BLUESTONE

890.30

241.52

13601.89

0.00

59.61

271.56

7368.46

1395.59

9.24

14.50

PCJEWELLER

13.70

17.25

13360.42

0.00

221.88

37.02

877.04

20.99

9.68

27.54

SKYGOLD

827.45

38.25

12815.04

0.00

104.90

140.67

2012.79

77.93

27.61

7.79

AUGMONT

886.85

24.27

8103.46

0.00

—

70.86

—

SENCO

346.45

9.95

5678.35

0.51

101.14

-3.35

3056.03

67.34

22.86

6.97

GOLDIAM

324.65

23.18

4887.84

0.64

73.97

120.06

326.03

41.92

24.85

20.33

VAIBHAVGBL

212.80

12.53

3570.14

2.82

563.83

1398.27

9170.73

1026.99

18.41

10.55

TBZ

522.35

16.31

3485.67

0.48

33.92

50.76

840.97

34.78

23.29

8.60

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

4,376

4,415

5,223

4,525

5,528

6,058

7,278

6,182

7,268

7,856

10,343

10,275

10,589

4,053

4,101

4,853

4,229

5,159

5,738

6,848

5,782

6,760

7,359

9,593

9,539

10,180

Operating Profit

323

314

370

296

368

319

430

399

508

497

750

736

409

OPM %

7.38%

7.11%

7.08%

6.55%

6.66%

5.27%

5.91%

6.46%

6.99%

6.33%

7.26%

7.16%

3.86%

Interest

104

130

108

Depreciation

103

109

113

115

Profit before Tax

188

178

239

184

237

178

294

251

353

350

560

539

465

Tax %

23.83%

24.29%

24.39%

25.14%

25.23%

26.76%

25.51%

25.14%

25.18%

25.63%

25.65%

24.00%

24.99%

Net Profit

178

130

219

188

264

261

416

410

349

1.40

1.31

1.75

1.34

1.73

1.27

2.12

1.82

2.56

2.52

4.03

3.97

3.38

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

9,589

10,548

9,771

10,101

8,573

10,818

14,071

18,516

25,045

35,743

39,063

9,011

9,913

9,152

9,302

7,949

9,965

12,907

17,180

23,465

33,185

36,671

Operating Profit

577

635

619

799

624

853

1,165

1,335

1,580

2,558

2,392

OPM %

6.02%

6.34%

7.91%

7.28%

7.88%

8.28%

7.21%

6.31%

7.16%

6.12%

106

145

167

176

Interest

380

318

418

419

405

360

353

379

422

499

438

Depreciation

103

113

224

239

225

232

245

274

343

423

440

Profit before Tax

136

237

221

299

572

789

960

1,802

1,914

Tax %

18.00%

34.63%

123.24%

35.59%

115.43%

25.04%

24.42%

24.41%

25.58%

25.06%

25.02%

Net Profit

111

155

-5

142

-6

224

432

596

714

1,350

1,435

EPS

1.33

1.86

-0.04

1.49

-0.07

2.18

4.20

5.80

6.93

13.08

—

Dividend Payout %

0.00%

11.89%

20.69%

21.64%

19.12%

—

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

839

1,030

1,031

1,033

Minority Interest

-2

-4

-3

-0

-1

576

1,085

1,046

1,203

1,796

2,107

2,605

3,148

3,764

5,269

2,534

4,077

4,518

4,308

3,990

3,930

4,173

4,341

4,755

5,871

Trade Payables

1,329

749

419

558

690

657

1,193

1,944

2,350

3,360

1,027

1,188

1,210

1,326

1,462

1,473

2,086

2,933

3,797

6,297

Total Liabilities

6,304

7,936

8,030

8,231

8,969

9,197

11,086

13,395

15,698

21,829

986

1,195

2,090

2,105

1,838

1,860

1,842

2,238

2,785

3,250

Capital Work in Progress

4,167

5,022

4,501

4,720

5,303

5,794

7,014

8,298

9,681

14,175

328

400

867

Cash & Bank

695

1,018

825

750

1,097

777

982

975

1,031

861

456

682

595

631

679

763

1,225

1,503

1,787

2,654

Total Assets

6,304

7,936

8,030

8,231

8,969

9,197

11,086

13,395

15,698

21,829

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

198

962

428

326

686

417

1,142

1,322

1,209

1,318

Cash from Investing

-143

-643

-124

-217

-384

-137

-177

-118

Cash from Financing

-301

-293

-343

-208

-544

-638

-1,148

-840

-1,264

-22

-28

204

-216

-8

193

-64

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

60.59

62.90

62.85

62.82

62.78

62.76

62.87

62.86

21.20

15.74

16.37

16.89

16.83

14.12

14.11

14.55

10.82

11.75

13.74

13.57

11.97

13.34

14.56

15.23

14.13

15.83

Government

0.00

6.46

7.62

7.21

8.30

7.02

8.54

7.91

8.46

10.49

Kalyan Jewellers India Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Kalyan Jewellers India Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI