Kalyan Jewellers India
Market cap ₹62,399 Cr
- P/E
- 43.50
- Day range
- ₹604.20 – ₹616.00
- 52-week range
- ₹327.05 – ₹648.95
- Volume
- 85.22 L
- Open
- ₹610.00
- Prev close
- ₹601.15
Key metrics
- P/E (TTM)
- 44.5
- EPS (TTM)
- ₹13.84
- ROE (FY26)
- 24.3%
- ROCE (latest year)
- 21%
- Dividend yield
- 0.41%
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
Bars in ₹ crore (a loss shows red); line is operating margin
- Revenue
- Net profit
- Operating margin
Who owns the company
Shareholding as of Jun 2026
- Promoter
- DII
- FII
- Public
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); line is debt-to-equity
- Equity
- Debt
- Debt / equity
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,415 | 5,223 | 4,525 | 5,528 | 6,065 | 7,278 | 6,182 | 7,268 | 7,856 | 10,343 | 10,275 | 10,589 |
| Expenses | 4,101 | 4,853 | 4,229 | 5,159 | 5,738 | 6,848 | 5,782 | 6,760 | 7,359 | 9,593 | 9,539 | 9,956 |
| Operating Profit | 314 | 370 | 296 | 368 | 327 | 430 | 399 | 508 | 497 | 750 | 736 | 633 |
| OPM % | 7% | 7% | 7% | 7% | 5% | 6% | 6% | 7% | 6% | 7% | 7% | 6% |
| Other Income | 13 | 20 | 39 | 30 | 26 | 40 | 41 | 46 | 51 | 23 | 46 | 56 |
| Interest | 82 | 82 | 78 | 85 | 90 | 88 | 96 | 104 | 95 | 104 | 130 | 108 |
| Depreciation | 67 | 70 | 74 | 75 | 85 | 89 | 93 | 98 | 103 | 109 | 113 | 115 |
| Profit before tax | 178 | 239 | 184 | 237 | 178 | 294 | 251 | 353 | 350 | 560 | 539 | 465 |
| Tax % | 24% | 24% | 25% | 25% | 27% | 26% | 25% | 25% | 26% | 26% | 24% | 25% |
| Net Profit | 135 | 180 | 137 | 178 | 130 | 219 | 188 | 264 | 261 | 416 | 410 | 349 |
| EPS in Rs | ₹1.31 | ₹1.75 | ₹1.34 | ₹1.72 | ₹1.27 | ₹2.12 | ₹1.82 | ₹2.56 | ₹2.52 | ₹4.03 | ₹3.97 | ₹3.38 |
From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.
Working-capital cycle
+4 days since Mar 2021
-105 days since Mar 2021
+5 days since Mar 2021
-105 days since Mar 2021
+20 days since Mar 2021
Strengths, risks & growth
Kalyan Jewellers India Ltd. designs manufacture and sells a range of gold, studded and other jewellery products across various price points. It is one of the largest jewellery retailers in India based on revenue as of FY20. The co. was founded by the current Chairman, MD and Promoter, Mr T.S. Kalyanaraman [1]
Strengths
- Company is expected to give good quarter
- Company has delivered good profit growth of 195% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 20.5%
Risks
- Stock is trading at 9.84 times its book value
Compounded Sales Growth
- 10 Years
- —
- 5 Years
- +33%
- 3 Years
- +36%
- TTM
- +46%
Compounded Profit Growth
- 10 Years
- —
- 5 Years
- +195%
- 3 Years
- +45%
- TTM
- +83%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- +53%
- 3 Years
- +38%
- 1 Year
- +19%
Return on Equity
- 10 Years
- —
- 5 Years
- +17%
- 3 Years
- +19%
- Last Year
- +25%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 62.77% | 62.75% | 62.86% | 62.86% | 0.00 pp |
| FII | 14.12% | 14.11% | 14.55% | 10.82% | -3.73 pp |
| DII | 14.56% | 15.23% | 14.13% | 15.83% | +1.70 pp |
| Public | 8.54% | 7.90% | 8.46% | 10.49% | +2.03 pp |
Filed with NSE for Jun 2026: promoters 62.86%, public 37.14% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 15.41% (+1.78 pp)- Promoters62.9%
- Foreign institutions10.8%
- Mutual funds15.4%
- Insurance0.1%
- Other domestic institutions0.3%
- Retail8.0%
- Others2.5%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| Motilal Oswal Midcap Fund | 5.59% | 8.13% | +1.80 pp |
| Motilal Oswal Flexi Cap Fund | 1.93% | 8.49% | +1.86 pp |
| Sundaram Mid Cap Fund | 0.62% | 2.61% | +0.82 pp |
| Franklin India Mid Cap Fund | 0.61% | 2.90% | +1.38 pp |
| Kotak Arbitrage Fund | 0.46% | 0.38% | +0.12 pp |
Scorecard
- Performance
- High
- Valuation
- High
- Growth
- Avg
- Profitability
- High
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 248 daily sessions to 11 Sept 2026.
Risk
- Volatility (1Y)
- 47.1%
- Downside volatility
- 40.0%
- Worst 5% of days
- 3.6%
- Average of that tail
- 6.1%
- Max drawdown (1Y)
- 36.7%
- Below its peak
- 5.3%
Against the market
- Beta vs Nifty 50
- 1.52
- Correlation
- 0.43
- Relative strength (3M)
- +58.9%
- ATR (14)
- 3.6%
Return
- Return 1M
- -2.0%
- Return 3M
- +57.0%
- Return 6M
- +53.0%
- Return 1Y
- —
- vs 200-day average
- +32.0%
Momentum
- RSI (14)
- 52.5
- MACD histogram
- -2.60
- Stochastic %K
- 56.2
- ADX (14)
- 17.6
- +DI / −DI
- 20.4 / 21.2
- Money flow index
- 53.1
Participation
- Delivery (20d avg)
- 25.2%
- vs its 60-day baseline
- +3.0 pts
- Volume vs 20-day
- -0.5σ
- Close vs day's VWAP
- +0.6%
- 52-week position
- 89 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.
- Net debt
- ₹58,10,74,30,000
- Net debt / equity
- 0.92
- EV / sales
- 6.61
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
- dividend₹2.50
Dividend - Rs 2.50 Per Share
11 Sept 2026ex-date - dividend₹1.50
Dividend - Rs 1.50 Per Share
4 Sept 2025ex-date - dividend₹1.20
Annual General Meeting/Dividend - Rs 1.20 Per Share
9 Aug 2024ex-date - dividend₹0.50
Annual General Meeting/Dividend - Rs 0.50 Per Share
4 Aug 2023ex-date
Insider trades
| Person | Type | Shares | Value | Disclosed |
|---|---|---|---|---|
TS Kalyanaraman Director · Market Purchase | Buy | 2,33,000 | ₹10.1 Cr | 13 Feb 2026 |
TS Kalyanaraman Director · Market Purchase | Buy | 2,31,500 | ₹10.0 Cr | 13 Feb 2026 |
TS Kalyanaraman Director · Market Purchase | Buy | 2,30,000 | ₹10.0 Cr | 11 Feb 2026 |
TS Kalyanaraman Director · Market Purchase | Buy | 2,19,760 | ₹9.5 Cr | 11 Feb 2026 |
Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.
Company announcements
Investor Meet
Investor Meet
Newspaper Publication
Newspaper Publication
BRSR Report
18th AGM Notice
Annual Report FY 25-26
Intimation of 18th AGM
Investor Meet
Earnings Call Transcript - Q1
Newspaper Publication
Link of Recording
Investor Presentation
Filed with BSE (scrip 543278); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlidesRecording
- May 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 10 Apr from icra
- Rating update · 17 Jul 2025 from icra
- Rating update · 25 Jun 2025 from fitch
- Rating update · 31 Dec 2024 from icra
- Rating update · 26 Mar 2024 from fitch
- Rating update · 3 Nov 2023 from icra
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 31 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.
