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Earnings Call

Kalyan Jewellers India Earnings Call: Key Takeaways

Kalyan Jewellers reported FY26 revenue of ₹3,57,429 Mn and PAT of ₹13,504 Mn, focusing on a capital-light franchise (FOCO) expansion strategy across India and international markets.

Why this was an Alfa AlertNot a filter event. Financials for FY26 are reported but no prior guidance range was provided to confirm a 5% beat.
Highlights
Revenue growth₹3,57,429 Mn in FY26.
MarginsFocusing on higher-margin studded jewellery to improve profitability.
Demand visibilityStrong wedding and daily wear demand in India and Middle East.
Management confidenceStrong; pivoting to capital-efficient FOCO model for growth.

Growth

FY26 Revenue reached ₹3,57,429 Mn with Profit After Tax at ₹13,504 Mn. Showroom count grew to 507 globally.

Outlook

Targeting mid-to-high single digit SSSG; accelerating ROCE via franchise model; launching new regional brands in FY27.

Risks

Exposed to gold price fluctuations and intense competition; inventory management and regulatory compliance are key operational risks.

Source

Earnings Call filed with NSE, NSE: KALYANKJIL. Summary written with AI assistance from the document.

Read the document ↗

Kalyan Jewellers India Ltd: key numbers

Share price
₹573.00
Market cap
₹59,177 Cr
Revenue (annual)
₹35,743 Cr
Net profit (annual)
₹1,350 Cr
P/E (TTM)
41.2×Sector 55.7×
Promoter holding
62.86%-0.01% QoQ
FII holding
10.82%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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