ALFA Finder| Revenue growth | Strong 38% YoY revenue growth, reaching ₹10,008 crore this quarter. |
|---|---|
| Margins | PBT margins under pressure at 5.1% due to gold recycling mix. |
| Demand visibility | Robust visibility; wedding demand resilient despite Adhik Maas seasonality. |
| Management confidence | Balanced confidence; focused on aggressive expansion and regional market tailoring. |
Growth
Revenue grew 38% to ₹10,008 crore; PAT increased 32% to ₹349 crore.
Outlook
Targeting 80 new Kalyan and 50 Candere showrooms in FY27.
Risks
Old-gold recycling and promotional offers diluting PBT margins; significant 54% jump in employee costs.
Last quarter's promises, checked
Delivered
- Debt reduction plan → Reduced non-GML debt by INR360cr (= BEAT)
- Candere profitability → Turned PAT positive in H2 FY26 (= BEAT)
- India non-GML debt target → Reduced from INR1,300cr to INR300cr (= BEAT)
Partly delivered
- Asset divestment → INR180cr collateral released, sale pending by Sept (= PARTIAL)
- Showroom expansion → 129 launched vs 150+ annual run-rate goal (= PARTIAL)
Missed
- New brand launch → South store launch delayed due to elections (= MISS)
Earnings Call Transcript 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.