Kalyan Jewellers

how big is Kalyan Jewellers?

As of October 2023, Kalyan Jewellers India Ltd has a market capitalization of ₹58,116.33 Cr and reported net sales of ₹25,060.58 Cr and net profit of ₹714.81 Cr over the last four quarters. The company's total assets are ₹12,751.50 Cr with shareholder's funds at ₹4,189.06 Cr as of March 2024.

Market Cap: Kalyan Jewellers India Ltd has a market capitalization of 58,116.33 Cr, categorizing it as a Large Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters, which includes data from Mar'25, Dec'24, Sep'24, and Jun'24, is 25,060.58 Cr. The sum of Net Profit for the same period is 714.81 Cr. This data is Consolidated.<BR><BR>Balance Sheet Snapshot: This is Consolidated data for the latest annual period ending in Mar'24. The Shareholder's Funds are reported at 4,189.06 Cr, and the Total Assets amount to 12,751.50 Cr.

What does Kalyan Jewellers do?

Kalyan Jewellers India Ltd is a large-cap company in the gems, jewellery, and watches industry, reporting net sales of ₹6,182 Cr and a net profit of ₹188 Cr for March 2025. It was founded in 1993 and transitioned from a sole proprietorship to a private limited company by 2009.

Overview:<BR>Kalyan Jewellers India Ltd operates in the gems, jewellery, and watches industry and is classified as a large-cap company.<BR><BR>History:<BR>Kalyan Jewellers was originally formed as a sole proprietorship in 1993, later transitioning to a partnership in 2006, and then becoming a private limited company in 2009. The latest quarterly results report net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 6,182 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 188 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 57,946 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 80.00 <BR>Industry P/E: 70 <BR>Dividend Yield: 0.22% <BR>Debt-Equity: 0.82 <BR>Return on Equity: 14.88% <BR>Price to Book: 11.91 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

When is the next results date for Kalyan Jewellers?

No Upcoming Board Meetings

Has Kalyan Jewellers declared dividend?

Yes, Kalyan Jewellers has declared a 12% dividend, amounting to ₹1.2 per share, with an ex-date of August 9, 2024. The company has shown significant total returns over various periods, particularly strong in the long term despite recent fluctuations.

Kalyan Jewellers India Ltd has declared a 12% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 12%<BR>- Amount per share: 1.2<BR>- Ex-date: 09 Aug 2024<BR><BR>Dividend Yield: 0.22%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, Kalyan Jewellers experienced a price return of -22.56%, with no dividend return, resulting in a total return of -22.56%.<BR><BR>Over the past year, the company saw a price return of 41.74% and a dividend return of 0.29%, leading to a total return of 42.03%.<BR><BR>In the last 2 years, Kalyan Jewellers achieved a remarkable price return of 410.18% alongside a dividend return of 1.28%, culminating in a total return of 411.46%.<BR><BR>For the 3-year period, the company reported a price return of 834.13% and a dividend return of 2.93%, resulting in a total return of 837.06%.<BR><BR>In the last 4 years, Kalyan Jewellers had a price return of 600.74% and a dividend return of 2.15%, yielding a total return of 602.89%.<BR><BR>Over the past 5 years, the company experienced no price return and no dividend return, resulting in a total return of 0.0%.<BR><BR>Overall, Kalyan Jewellers has declared a dividend while also showing significant total returns over various periods, particularly in the longer terms, indicating strong performance despite some fluctuations in the short term.

Who are the peers of the Kalyan Jewellers?

Kalyan Jewellers' peers include Titan Company, PC Jeweller, P N Gadgil Jewellers, and others. In terms of management risk, Kalyan Jewellers is rated as good, with a 1-year return of 11.60%, lower than PC Jeweller's 138.19% but higher than Rajesh Exports' -33.35%.

Peers: The peers of Kalyan Jewellers are Titan Company, PC Jeweller, P N Gadgil Jewe., Ethos Ltd, Rajesh Exports, Thangamayil Jew., Senco Gold, Sky Gold & Diam., and Vaibhav Global.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company, P N Gadgil Jewe., Thangamayil Jew., and Sky Gold & Diam., while Good management risk is found at Kalyan Jewellers, Ethos Ltd, and Rajesh Exports. Average management risk is present at PC Jeweller, Senco Gold, Vaibhav Global, and Goldiam Intl. For Growth, Excellent growth is seen at Titan Company, Kalyan Jewellers, P N Gadgil Jewe., Ethos Ltd, and Senco Gold, while Below Average growth is noted at PC Jeweller, Rajesh Exports, Thangamayil Jew., and Vaibhav Global. Kalyan Jewellers has a Below Average Capital Structure, while Excellent Capital Structure is found at P N Gadgil Jewe. and Goldiam Intl., and Good Capital Structure is observed at Titan Company, Ethos Ltd, and Rajesh Exports.<BR><BR>Return Snapshot: The peer with the highest 1-year return is PC Jeweller at 138.19%, while the lowest is Rajesh Exports at -33.35%. Kalyan Jewellers has a 1-year return of 11.60%, which is higher than Rajesh Exports but lower than PC Jeweller. Additionally, the six-month returns are negative for Rajesh Exports, Senco Gold, and Goldiam Intl.

Who are in the management team of Kalyan Jewellers?

As of March 2022, Kalyan Jewellers' management team includes T S Kalyanaraman (Managing Director), T K Seetharam and T K Ramesh (Whole-time Directors), and several non-executive and independent directors, ensuring effective governance and management.

As of March 2022, the management team of Kalyan Jewellers includes the following members:<BR><BR>1. T S Kalyanaraman - Managing Director<BR>2. T K Seetharam - Whole-time Director<BR>3. T K Ramesh - Whole-time Director<BR>4. Salil Nair - Non-Executive & Non-Independent Director<BR>5. Anish Kumar Saraf - Nominee<BR>6. Agnihotra Dakshina Murty Chavali - Non-Executive & Independent Director<BR>7. T S Anantharaman - Non-Executive & Independent Director<BR>8. Kishori Jayendra Udeshi - Non-Executive & Independent Director<BR>9. Anil Sadasivan Nair - Non-Executive & Independent Director<BR>10. Jishnu R G - Company Secretary & Compliance Officer<BR>11. Vinod Rai - Independent Director<BR><BR>This team comprises a mix of executive and non-executive directors, contributing to the governance and management of the company.

Who are the top shareholders of the Kalyan Jewellers?

The top shareholders of Kalyan Jewellers include promoter Kalyanaraman T S with 22.29%, mutual funds holding 10.49%, foreign institutional investors at 16.89%, and individual investors collectively owning 7.21%. The largest public shareholder is the Motilal Oswal Midcap Fund with 7.09%.

The top shareholders of Kalyan Jewellers include a mix of promoters, institutional investors, and individual shareholders. The majority of the shares are held by promoters, with Kalyanaraman T S being the promoter with the highest holding at 22.29%. Additionally, mutual funds hold 10.49% of the company through 23 schemes, while foreign institutional investors (FIIs) account for 16.89% with 489 FIIs involved. The highest public shareholder is the Motilal Oswal Midcap Fund, which holds 7.09%. Individual investors collectively own 7.21% of the company.

Are Kalyan Jewellers latest results good or bad?

Kalyan Jewellers' latest results show strong year-on-year growth with a 99.46% increase in net profit and record sales, but there are concerns about declining quarterly profits and margin compression, leading to cautious investor sentiment despite the positive operational metrics. Overall, the results reflect good growth but raise questions about profitability and market perception.

Kalyan Jewellers' latest results present a mixed picture. On one hand, the company reported a significant year-on-year net profit increase of 99.46%, reaching ₹260.51 crores, and achieved record net sales of ₹7,856.03 crores, reflecting a robust 29.52% growth compared to the previous year. This performance highlights strong consumer demand, particularly during the festive season, and successful expansion efforts.<BR><BR>However, there are concerns regarding the company's quarterly performance. The net profit saw a slight decline of 1.35% compared to the previous quarter, and both operating margin and PAT margin have contracted. The operating margin decreased to 6.33%, down 66 basis points from the previous quarter, which raises questions about profitability sustainability amid aggressive expansion.<BR><BR>Investor sentiment appears cautious, as the stock has underperformed significantly over the past year, declining 27.26%, while the broader market and sector peers have seen gains. This disconnect between strong operational performance and stock market valuation is a key narrative for Kalyan Jewellers.<BR><BR>In summary, while the company showcases impressive growth metrics, the margin compression and stock performance issues suggest a more cautious outlook. Overall, the results can be seen as good in terms of growth but concerning regarding profitability and market perception.

Is Kalyan Jewellers overvalued or undervalued?

As of November 10, 2025, Kalyan Jewellers is considered undervalued with a PE ratio of 56.58 and favorable comparisons to peers, despite recent underperformance, indicating potential for recovery and growth.

As of 10 November 2025, Kalyan Jewellers has moved from an expensive to an attractive valuation grade. The company appears to be undervalued given its current metrics, particularly with a PE ratio of 56.58, an EV to EBITDA of 45.81, and a Price to Book Value of 0.99. These figures suggest that the stock is trading at a lower valuation compared to some peers in the industry.<BR><BR>In comparison to its peers, Kalyan Jewellers has a lower PE ratio than Titan Company, which stands at 81.74, and a more favorable EV to EBITDA ratio compared to Thangamayil Jewellers at 53.60. Additionally, the PEG ratio of 1.17 indicates reasonable growth expectations relative to its price. While the stock has underperformed the Sensex year-to-date, with a return of -33.46% compared to the Sensex's 6.91%, its strong performance over three years at 396.01% suggests potential for recovery and growth.

How has been the historical performance of Kalyan Jewellers?

Kalyan Jewellers has shown significant growth in net sales, increasing from ₹10,100.92 crore in March 2020 to ₹25,045.07 crore in March 2025, with profitability improving from a loss of ₹6.07 crore to a profit of ₹714.17 crore during the same period. The company's total assets and liabilities have also expanded, reflecting its strong operational performance.

Answer:<BR>The historical performance of Kalyan Jewellers shows significant growth in net sales and profitability over the years, culminating in the fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Kalyan Jewellers has demonstrated a strong upward trend in net sales, increasing from 10,100.92 crore in March 2020 to 25,045.07 crore in March 2025. This growth is accompanied by a rise in total operating income, which mirrors the sales increase, reaching 25,045.07 crore in March 2025. The raw material costs also rose significantly, from 8,469.29 crore in March 2020 to 22,257.33 crore in March 2025, reflecting the higher sales volume. Operating profit, excluding other income, has improved from 594.31 crore in March 2021 to 1,517.18 crore in March 2025, while profit before tax has surged from 39.36 crore in March 2021 to 959.60 crore in March 2025. Profit after tax followed suit, increasing from a loss of 6.07 crore in March 2021 to a profit of 714.17 crore in March 2025. The company's total assets have also expanded, reaching 15,013.43 crore in March 2025, up from 8,210.58 crore in March 2020. Total liabilities increased to 15,013.43 crore in March 2025, reflecting the company's growth strategy. Cash flow from operating activities has shown a positive trend, amounting to 1,209.00 crore in March 2025, although cash flow from financing activities remains negative at -840.00 crore. Overall, Kalyan Jewellers has exhibited robust growth in revenue and profitability, alongside an increase in assets and liabilities, indicating a strong operational performance.

Is Kalyan Jewellers technically bullish or bearish?

As of December 3, 2025, Kalyan Jewellers is in a bearish trend with moderate strength, indicated by daily moving averages and weekly Bollinger Bands, despite a mildly bullish weekly MACD.

As of 3 December 2025, the technical trend for Kalyan Jewellers has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include the daily moving averages indicating bearishness, along with the weekly Bollinger Bands also showing a bearish signal. The MACD on a weekly basis is mildly bullish, but this is offset by the monthly MACD being mildly bearish. The KST and OBV on a weekly basis are both mildly bearish, further supporting the bearish outlook. Overall, the combination of these indicators suggests a negative technical environment for Kalyan Jewellers.

Should I buy, sell or hold Kalyan Jewellers India Ltd?

Why is Kalyan Jewellers India Ltd falling/rising?

As of 06-Feb, Kalyan Jewellers India Ltd's stock price is rising to Rs 379.80, driven by strong long-term growth indicators and positive financial results, despite recent volatility. The stock's performance outpaces the Sensex, and its undervaluation relative to peers, along with high institutional holdings, further supports its upward trend.

As of 06-Feb, Kalyan Jewellers India Ltd's stock price is rising, currently at Rs 379.80, reflecting a change of 3.6 (0.96%) upward. This increase can be attributed to several factors. Over the past week, the stock has performed well, gaining 5.05%, significantly outpacing the Sensex, which only rose by 1.59%. <BR><BR>Despite a challenging month where the stock fell by 24.13% compared to a slight decline of 1.74% in the Sensex, the company has shown strong long-term growth indicators. The net sales have grown at an annual rate of 28.39%, and the operating profit has increased by 24.12%. Furthermore, the company reported a remarkable net profit growth of 59.8% in its latest results, which have been positive for 11 consecutive quarters. <BR><BR>Additionally, the stock is trading at a discount compared to its peers, with a PEG ratio of 0.9, indicating potential undervaluation. The high institutional holdings at 29.33% suggest confidence from larger investors, who have increased their stake by 0.64% in the previous quarter. <BR><BR>While there are signs of falling investor participation, as evidenced by a 44.29% drop in delivery volume compared to the 5-day average, the overall positive financial results and growth metrics contribute to the stock's current upward movement. Thus, the combination of recent performance, strong fundamentals, and institutional confidence supports the rise in Kalyan Jewellers India Ltd's stock price.

Which are the latest news on Kalyan Jewellers?