ScoreWhy is Kalyan Jewellers India Ltd ?
1
Healthy long term growth as Net Sales has grown by an annual rate of 32.88% and Operating profit at 40.10%
2
The company has declared Positive results for the last 13 consecutive quarters
- ROCE(HY) Highest at 18.32%
- DEBT-EQUITY RATIO(HY) Lowest at 0.97 times
- PAT(9M) Higher at Rs 1,205.32 Cr
3
With ROCE of 17.9, it has a Expensive valuation with a 5.7 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 14.02%, its profits have risen by 83% ; the PEG ratio of the company is 0.5
4
High Institutional Holdings at 26.65%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
5
Market Beating performance in long term as well as near term
- Along with generating 14.02% returns in the last 1 year, the stock has outperformed BSE500 in the last 3 years, 1 year and 3 months
6
With its market cap of Rs 60,313 cr, it is the second biggest company in the sector (behind Titan Company)and constitutes 10.03% of the entire sector
- Its annual Sales of Rs 39,063.32 are 3.50% of the industry
Real-Time Research ReportHow 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, High Return
Absolute
Risk Adjusted
Volatility
Kalyan Jewellers
14.02%
0.29
48.16%
Sensex
-9.4%
-0.70
13.49%
Quality
Management Risk
Growth
Capital StructureQuality key factors
Factor
Value
Sales Growth (5y)
32.88%
EBIT Growth (5y)
40.10%
EBIT to Interest (avg)
3.42
Debt to EBITDA (avg)
3.52
Net Debt to Equity (avg)
0.83
Sales to Capital Employed (avg)
2.17
Tax Ratio
25.02%
Dividend Payout Ratio
19.12%
Pledged Shares
24.85%
Institutional Holding
26.65%
ROCE (avg)
13.48%
ROE (avg)
14.15%
ValuationValuation Key Factors 
Factor
Value
P/E Ratio
41
Industry P/E
46
Price to Book Value
9.55
EV to EBIT
30.10
EV to EBITDA
25.04
EV to Capital Employed
5.66
EV to Sales
1.68
PEG Ratio
0.50
Dividend Yield
0.43%
ROCE (Latest)
17.88%
ROE (Latest)
21.89%
Loading Valuation Snapshot...
TechnicalsTechnical key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Bullish
Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned 
Financial Trend20What is working for the Company
ROCE(HY)
Highest at 18.32%
DEBT-EQUITY RATIO(HY)
Lowest at 0.97 times
PAT(9M)
Higher at Rs 1,205.32 Cr
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
Loading Valuation Snapshot...
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 periodsMOJO 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 quartersMOJO 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 periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
InfinHub Market Technologies FZ-LLC, Building-2, Unit 112, Dubai Internet City, Dubai, United Arab Emirates
GET THE MARKETSMOJO APP
Company
Stocks
Portfolio
"Investment in securities markets are subject to market risk. Read all the related documents carefully before investing."
