| Revenue growth | FY26 revenue up 43% YoY to ₹35,740 crore. |
|---|---|
| Margins | Gross margins declining due to franchise mix and regional variations. |
| Demand visibility | Strong Q1 FY27 start fueled by wedding demand and Akshaya Tritiya. |
| Management confidence | Highly optimistic, emphasizing successful franchise pivot and debt reduction. |
Growth
Revenue grew 66% in Q4; Candere turned PAT positive and grew 160% in FY26. Growth is high-quality but volume-sensitive.
Outlook
Opening 150 showrooms in FY27 and eliminating non-GML debt in India by H1 FY27.
Risks
Structurally lower gross margins due to franchise pivot and potential demand moderation after an exceptional year.
Earnings Call filed with NSE, NSE: KALYANKJIL. Summary written with AI assistance from the document.
Kalyan Jewellers India Ltd: key numbers
- Share price
- ₹698.15
- Market cap
- ₹72,102 Cr
- Revenue (annual)
- ₹35,743 Cr
- Net profit (annual)
- ₹1,350 Cr
- P/E (TTM)
- 45.0×Sector 48.2×
- Promoter holding
- 62.85%-0.01% QoQ
- FII holding
- 13.83%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kalyan Jewellers India Ltd
All →Kalyan Jewellers India Earnings Call Transcript: Key Takeaways
Festive-led Q2: reported PAT ₹427 Cr vs adjusted ₹333 Cr, so one-offs (customs duty, bullion gains) lift profit. Management is upbeat but gives no numeric Q3 guidance and withholds ATM metrics.
Kalyan Jewellers India Investor Presentation: Key Takeaways
Q2 FY27 deck shows TTM revenue ₹4,15,299 Mn, EBITDA ₹27,631 Mn, PAT ₹16,016 Mn, net worth ₹66,381 Mn. No quarterly P&L disclosed.
Kalyan Jewellers India Results Update
Kalyan Jewellers issued a press release on its unaudited H1 and Q2 FY27 results. Revenue and profit grew strongly, with festive-season trading described as very encouraging.
Kalyan Jewellers India Q2 FY27 Results: Net Profit ₹427.1 Cr, Up 64.0% YoY
Kalyan Jewellers India Ltd reported revenue from operations of ₹10,323 Cr (+31.4% YoY) and net profit of ₹427.1 Cr (+64.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹427.1 Cr · +64.0% YoY
Kalyan Jewellers India Board Meeting Date
Kalyan Jewellers scheduled its Board meeting for November 10, 2026 to approve un-audited Q2 and H1 FY27 results. No financial figures or decisions are disclosed in this intimation.
Kalyan Jewellers India Other Announcement
Kalyan Jewellers India Ltd has submitted its quarterly shareholding pattern for the period ended September 30, 2026, in compliance with SEBI regulations.