Kalyan Jewellers India Ltd (KALYANKJIL) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Titan Company

Sky Gold & Diam.

Senco Gold

Thangamayil Jew.

Timex Group

Kalyan Jewellers

Goldiam Intl.

Ethos

P N Gadgil Jewe.

Bluestone Jewel

PC Jeweller

Why is Kalyan Jewellers India Ltd ?

Healthy long term growth as Net Sales has grown by an annual rate of 33.05% and Operating profit at 39.43%

With a growth in Net Sales of 29.86%, the company declared Very Positive results in Mar 26

The company has declared positive results for the last 12 consecutive quarters
ROCE(HY) Highest at 18.32%
DEBT-EQUITY RATIO(HY) Lowest at 0.97 times
PBT LESS OI(Q) At Rs 492.66 cr has Grown at 45.7% (vs previous 4Q average)

With ROCE of 17.9, it has a Expensive valuation with a 5.8 Enterprise value to Capital Employed

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of -0.44%, its profits have risen by 93.2% ; the PEG ratio of the company is 0.5

High Institutional Holdings at 26.65%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.

With its market cap of Rs 62,785 cr, it is the second biggest company in the sector (behind Titan Company)and constitutes 10.70% of the entire sector

Its annual Sales of Rs 35,742.87 are 3.70% of the industry

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Kalyan Jewellers should be less than 10%
Overall Portfolio exposure to Gems, Jewellery And Watches should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Gems, Jewellery And Watches)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Kalyan Jewellers for you?

High Risk, Medium Return

Absolute

Risk Adjusted

Volatility

Kalyan Jewellers

-0.44%

-0.01

48.35%

Sensex

-3.2%

-0.24

13.59%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

33.05%

EBIT Growth (5y)

39.43%

EBIT to Interest (avg)

3.19

Debt to EBITDA (avg)

3.52

Net Debt to Equity (avg)

0.83

Sales to Capital Employed (avg)

2.17

Tax Ratio

25.06%

Dividend Payout Ratio

21.64%

Pledged Shares

24.85%

Institutional Holding

26.65%

ROCE (avg)

13.48%

ROE (avg)

14.15%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

9.72

EV to EBIT

32.20

EV to EBITDA

26.73

EV to Capital Employed

5.76

EV to Sales

1.86

PEG Ratio

0.48

Dividend Yield

0.25%

ROCE (Latest)

17.88%

ROE (Latest)

21.89%

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Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Mildly Bullish

Sideways

Moving Averages

Bullish (Daily)

KST

Bullish

Mildly Bearish

Dow Theory

No Trend

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

20What is working for the Company

PAT(Latest six months)

At Rs 758.17 cr has Grown at 67.85%

ROCE(HY)

Highest at 18.32%

DEBT-EQUITY RATIO(HY)

Lowest at 0.97 times

NET SALES(Q)

Highest at Rs 10,588.93 cr

-2What is not working for the Company

DEBTORS TURNOVER RATIO(HY)

Lowest at 41.25 times

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Here's what is working for Kalyan Jewellers

Profit After Tax (PAT) - Latest six months

At Rs 758.17 cr has Grown at 67.85%

Year on Year (YoY)

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Debt-Equity Ratio - Half Yearly

Lowest at 0.97 times and Fallen

each half year in the last five half yearly periods

MOJO Watch

The company has been reducing its borrowing as compared to equity capital

Debt-Equity Ratio

Net Sales - Quarterly

Highest at Rs 10,588.93 cr

in the last five quarters

MOJO Watch

Near term sales trend is positive

Net Sales (Rs Cr)

Here's what is not working for Kalyan Jewellers

Debtors Turnover Ratio- Half Yearly

Lowest at 41.25 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio