Kalyan Jewellers India Ltd.
NSE: KALYANKJIL · Gems, Jewellery And Watches
Snapshot
Unlock Kalyan Jewellers India Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Kalyan Jewellers India Limited is a prominent jewellery retailer that designs, manufactures, and sells a wide range of gold, diamond, and precious stone jewellery. The company operates through an extensive network of showrooms across India and the Middle East, complemented by its online platform, Candere.
Business Model
The company generates revenue primarily through the retail sale of jewellery products across various price points and occasions. It leverages a multi-brand strategy and a hybrid model of large-format showrooms and grassroots 'My Kalyan' stores to drive customer engagement and sales.
- India Showrooms:116
- Middle East Showrooms:30
- My Kalyan Stores:786
Growth Outlook
Growth is driven by the expansion of the retail footprint and the strengthening of the company's digital presence via candere.com. The company continues to focus on brand-led jewellery offerings to capture market share in both domestic and international markets.
Key Risks
- Gold Price Volatility. Significant fluctuations in gold prices can impact consumer demand and inventory valuation.
- Regulatory Changes. Changes in government policies regarding gold imports and taxation can adversely affect operational costs and margins.
- Intense Competition. The jewellery sector in India is highly fragmented, with significant competition from both organised retail chains and unorganised local jewellers.
- Geopolitical Risk. Operations in the Middle East expose the company to regional economic and political instability.
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Key Metrics
REVENUE
₹39,063 Cr
TTM · consolidated
NET PROFIT
₹1,435 Cr
TTM · consolidated
EPS
₹13.90
TTM · consolidated
RETURN ON EQUITY
25.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
32.5%
TTM · consolidated
P/E
43.1x
Q1 FY27 · consolidated
EV/EBITDA
21.9x
Q1 FY27 · consolidated
EBITDA MARGIN
7.3%
TTM · consolidated
NET PROFIT MARGIN
3.3%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.1x
Q1 FY27 · consolidated
Peers · Gems, Jewellery And Watches
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Kalyan Jewellers India Ltd.KALYANKJIL | ₹61,840 Cr | 43.08 | 21.90 | 45.7% | 7.3% | 25.8% | 32.5% | +19.3% |
Thangamayil Jewellery LimitedTHANGAMAYL | ₹16,573 Cr | 42.38 | 27.13 | 83.1% | 6.6% | 31.1% | 42.8% | +143.2% |
Bluestone Jewellery & Lifestyle Ltd.BLUESTONE | ₹12,844 Cr | 253.08 | 27.29 | — | 18.4% | 3.0% | 9.6% | +48.3% |
Sky Gold And Diamonds LimitedSKYGOLD | ₹12,103 Cr | 35.98 | 23.16 | 81.4% | 7.8% | 36.5% | 54.8% | +177.9% |
PC Jeweller LimitedPCJEWELLER | ₹11,517 Cr | 11.98 | 13.82 | 36.5% | 25.7% | 10.8% | 12.1% | -9.8% |
P. N. Gadgil Jewellers Ltd.PNGJL | ₹8,965 Cr | 18.55 | 13.58 | 47.8% | 6.8% | 25.4% | 37.5% | +3.8% |
As of Q1 FY27
Financials
Kalyan Jewellers India Ltd.
NSE: KALYANKJIL · Gems, Jewellery And Watches
Snapshot
Unlock Kalyan Jewellers India Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Kalyan Jewellers India Limited is a prominent jewellery retailer that designs, manufactures, and sells a wide range of gold, diamond, and precious stone jewellery. The company operates through an extensive network of showrooms across India and the Middle East, complemented by its online platform, Candere.
Business Model
The company generates revenue primarily through the retail sale of jewellery products across various price points and occasions. It leverages a multi-brand strategy and a hybrid model of large-format showrooms and grassroots 'My Kalyan' stores to drive customer engagement and sales.
- India Showrooms:116
- Middle East Showrooms:30
- My Kalyan Stores:786
Growth Outlook
Growth is driven by the expansion of the retail footprint and the strengthening of the company's digital presence via candere.com. The company continues to focus on brand-led jewellery offerings to capture market share in both domestic and international markets.
Key Risks
- Gold Price Volatility. Significant fluctuations in gold prices can impact consumer demand and inventory valuation.
- Regulatory Changes. Changes in government policies regarding gold imports and taxation can adversely affect operational costs and margins.
- Intense Competition. The jewellery sector in India is highly fragmented, with significant competition from both organised retail chains and unorganised local jewellers.
- Geopolitical Risk. Operations in the Middle East expose the company to regional economic and political instability.
Start your research today
Unlock AI insights, financials, peers and live data on Kalyan Jewellers India Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹39,063 Cr
TTM · consolidated
NET PROFIT
₹1,435 Cr
TTM · consolidated
EPS
₹13.90
TTM · consolidated
RETURN ON EQUITY
25.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
32.5%
TTM · consolidated
P/E
43.1x
Q1 FY27 · consolidated
EV/EBITDA
21.9x
Q1 FY27 · consolidated
EBITDA MARGIN
7.3%
TTM · consolidated
NET PROFIT MARGIN
3.3%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.1x
Q1 FY27 · consolidated
Peers · Gems, Jewellery And Watches
As of Q1 FY27