Kalyan Jewellers

Which are the latest news on Kalyan Jewellers?

Why is Kalyan Jewellers India Ltd falling/rising?

As of 05-Sep, Kalyan Jewellers India Ltd's stock price is rising to Rs 598.50, driven by strong long-term growth, consistent positive quarterly results, and significant returns compared to market benchmarks. Despite a recent drop in delivery volume, the stock remains liquid and is supported by high institutional confidence.

As of 05-Sep, Kalyan Jewellers India Ltd's stock price is rising, currently at Rs 598.50, reflecting a change of Rs 13.0 or 2.22%. This upward movement can be attributed to several positive factors. The company has demonstrated healthy long-term growth, with net sales increasing at an annual rate of 32.88% and operating profit growing at 40.10%. Additionally, Kalyan Jewellers has reported positive results for the last 13 consecutive quarters, with a significant increase in profit after tax (PAT) of 67.85% over the latest six months, reaching Rs 758.17 crore.<BR><BR>The stock has also shown strong performance relative to the market, outperforming the BSE500 over the last three years, one year, and three months. Year-to-date, the stock has generated a return of 23.25%, while the benchmark has declined by 10.21%. Furthermore, the company maintains a high institutional holding of 26.65%, indicating confidence from investors who are typically more adept at analyzing company fundamentals.<BR><BR>Despite a recent decline in delivery volume, which fell by 47.5% against the five-day average, the stock remains liquid enough for trading, with a market capitalization of Rs 61,810 crore, making it the second-largest company in its sector. Overall, these factors contribute to the stock's rising price, reflecting strong fundamentals and market performance.

Who are in the management team of Kalyan Jewellers?

The management team of Kalyan Jewellers includes T S Kalyanaraman (Managing Director), T K Seetharam and T K Ramesh (Whole-time Directors), along with several Non-Executive and Independent Directors, such as Salil Nair and Vinod Rai, who collectively guide the company's strategic direction.

The management team of Kalyan Jewellers includes the following key individuals:<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 plays a crucial role in guiding the company's strategic direction and operations.

What does Kalyan Jewellers do?

Kalyan Jewellers India Ltd is a mid-cap company in the gems, jewellery, and watches industry, founded in 1993 and converted to a private limited company in 2009. As of June 2026, it reported net sales of ₹10,589 Cr and a net profit of ₹349 Cr, with a market cap of ₹62,595 Cr.

Overview:<BR>Kalyan Jewellers India Ltd operates in the gems, jewellery, and watches industry and is categorized as a mid-cap company.<BR><BR>History:<BR>Kalyan Jewellers was originally formed as a sole proprietorship in 1993. It transitioned to a partnership firm in 2006, changing its name to 'Kalyan Jewellers TSK' in 2008. The partnership was converted into a private limited company on 29 January 2009. The most recent quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 10,589 Cr (Quarterly Results - Jun 2026) <BR>Net Profit: 349 Cr (Quarterly Results - Jun 2026) <BR>Market Cap: INR 62,595 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 43.00 <BR>Industry P/E: 49 <BR>Dividend Yield: 0.24% <BR>Debt-Equity: 0.83 <BR>Return on Equity: 21.89% <BR>Price to Book: 10.07 <BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are the peers of the Kalyan Jewellers?

Kalyan Jewellers' peers include Titan Company, Thangamayil Jewellers, Sky Gold & Diamonds, Bluestone Jewel, PC Jeweller, P N Gadgil Jewellers, Ethos, Timex Group, and Senco Gold. In terms of management risk, Kalyan Jewellers has an average rating, with a 1-year return of 21.75%, lower than Thangamayil Jewellers' 139.39% but higher than PC Jeweller's -16.15%.

Peers: The peers of Kalyan Jewellers are Titan Company, Thangamayil Jew., Sky Gold & Diam., Bluestone Jewel, PC Jeweller, P N Gadgil Jewe., Ethos, Timex Group, and Senco Gold.<BR><BR>Quality Snapshot: Excellent management risk is observed at Titan Company and P N Gadgil Jewe., while Good management risk is found at Thangamayil Jew., Sky Gold & Diam., and Senco Gold. Average management risk is present at Kalyan Jewellers, PC Jeweller, Ethos, and Timex Group. Below Average management risk is noted at Bluestone Jewel. Excellent growth is seen at Titan Company, Kalyan Jewellers, Thangamayil Jew., Sky Gold & Diam., P N Gadgil Jewe., Timex Group, and Senco Gold, while Good growth is found at Ethos. Below Average growth is present at PC Jeweller. Capital Structure is rated Good for Titan Company and P N Gadgil Jewe., Average for Thangamayil Jew. and Ethos, and Below Average for Kalyan Jewellers, Sky Gold & Diam., Bluestone Jewel, PC Jeweller, and Senco Gold.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Thangamayil Jew. at 139.39%, while the lowest is PC Jeweller at -16.15%. Kalyan Jewellers has a 1-year return of 21.75%, which is higher than PC Jeweller but lower than Thangamayil Jew. Additionally, PC Jeweller and Senco Gold have negative six-month returns.

How big is Kalyan Jewellers?

As of 31st August, Kalyan Jewellers India Ltd has a market capitalization of 62,595.00 Cr, with net sales of 39,063.32 Cr and a net profit of 1,434.98 Cr reported in the latest four quarters. The company has shareholder's funds of 6,308.71 Cr and total assets of 20,522.85 Cr for the annual period ending in March 2026.

As of 31st August, Kalyan Jewellers India Ltd has a market capitalization of 62,595.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, Kalyan Jewellers reported net sales of 39,063.32 Cr and a net profit of 1,434.98 Cr.<BR><BR>For the latest annual period ending in March 2026, the company had shareholder's funds amounting to 6,308.71 Cr and total assets of 20,522.85 Cr.

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

Are Kalyan Jewellers India Ltd latest results good or bad?

Kalyan Jewellers India Ltd's latest results show strong revenue growth of 45.68% year-on-year, reaching ₹10,589 crores, but profitability is a concern with a net profit decline of 14.85% quarter-on-quarter and compressed operating margins at 5.97%. Investors should watch for challenges in maintaining profitability amid rising costs.

Kalyan Jewellers India Ltd's latest results present a mixed picture. On one hand, the company achieved impressive revenue growth, with net sales reaching ₹10,589 crores, marking a significant 45.68% increase year-on-year and a modest 3.06% increase quarter-on-quarter. This growth is largely attributed to aggressive store expansion and strong demand during the festive season.<BR><BR>However, the profitability aspect raises some concerns. The net profit for the quarter was ₹348.67 crores, which, while up 32.03% year-on-year, reflects a decline of 14.85% compared to the previous quarter. Additionally, the operating margin has compressed to 5.97%, down from 7.16% in the prior quarter, indicating challenges in maintaining profitability amidst rising costs and competitive pressures.<BR><BR>Overall, while Kalyan Jewellers is experiencing strong sales growth, the decline in profitability and operating margins suggests that the company faces significant challenges that investors should monitor closely. The results indicate a need for improved operational efficiency and cost management to sustain growth without compromising profitability.

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.

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 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.

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.

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.