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KALYANKJIL · NSE · Gems Jewellery And Watches

Kalyan Jewellers India Ltd

What the numbers mean, from its filings and the exchange. Data as of 12 Oct 2026.
Mid Cap · AMFI list Jan-Jun 2026 · Vendor sector: Consumer Cyclical
No valuation view.No view: a loss-maker (growth stage), so earnings multiples do not apply.
Statements through FY2026Prices adjusted for corporate actionsNot yet reviewed by the adversarial model

What is Kalyan Jewellers India's share price today?

Kalyan Jewellers India last traded at ₹567.15 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 2.4% on the day, up 16.7% over a year. Its 52-week range is ₹327 to ₹649. The live price is in the app.

₹567.15 +2.4% today
+16.7% over 1 year · NSE, as of 12 Oct 2026, 11:00 pm IST
60 month-end closes, 31 Oct 2021 to 30 Sep 2026, adjusted for splits and bonuses
52-week range75% of the way up
Low ₹327High ₹649

What is Kalyan Jewellers India's market cap?

Kalyan Jewellers India's market capitalisation is about ₹57,214 crore: what it would cost to buy every share at today's price. That makes it the 83rd largest mid cap company we cover.

₹57,214 Cr Mid Cap83rd largest mid cap company
Mid Cap means the companies ranked 101 to 250 by size, under SEBI's rules. Shares in issue are worked out from the market cap and the price. What market cap tells you →

Key facts

From the exchange
Symbol
NSE: KALYANKJIL
ISIN
INE303R01014
Cap bucket
Mid Cap, 83rd largest by market cap
Industry (NSE)
Consumer Discretionary › Consumer Durables › Gems Jewellery And Watches
Listed since
2021
Futures and options
Traded

Is Kalyan Jewellers India overvalued?

No valuation view yet. No view: a loss-maker (growth stage), so earnings multiples do not apply.

Valuation

Latest price and trailing 12 months
P/E 39.86
Industry 55.83
Price divided by last year's earnings per share: how many years of today's profit you pay for. Learn more →
P/B 6.34
Price divided by book value per share: what you pay for each rupee of net assets on the balance sheet. Learn more →
Market cap ₹57,214 Cr
Total market value of all shares, in ₹ crore. Learn more →
Dividend yield 0.7%
Last year's dividends as a share of today's price. Learn more →
PEG (vendor) 6.50
P/E divided by the vendor's earnings growth figure, which it does not disclose; a P/E adjusted for how fast profits grow. Learn more →
PEG on our 3-year EPS growth 0.87
P/E divided by the 3-year EPS growth rate from the stored accounts. Learn more →
3 models could be judged
Skipped — Fair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored

Our valuation range

🔒 Pro
Value range, implied growth at today's price, and the nine models behind it: in the app.

Is Kalyan Jewellers India a quality business?

Quality score 51.5; WATCH on 30 of 30 flags judged.

Quality and risk

Data as of 12 Oct 2026
Business quality Not available
The kind of business, which sets the yardstick it is judged by. Learn more →
Quality score 51.5
among 10 companies
Returns, margins, leverage and consistency against its peers, out of 100. Learn more →
Risk level WATCH
30 of 30 flags judged
From flags on debt, earnings quality, dilution and price swings. Learn more →

Profitability

ROE 23.6%
Return on equity: profit as a share of shareholders' money. Learn more →
ROCE 23.2%
Return on capital employed: operating profit as a share of all the capital in the business, debt and equity. Learn more →
Profit margin 3.6%
vs peers 4.6% · 9th of 10
Profit after everything, as a share of revenue. Learn more →
EPS ₹13.08
Trailing 12 months
Profit for each share over the last 12 months.

Scorecard

🔒 Pro
Health scores and red flags with their values and history: in the app.
See the scorecard →
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Has Kalyan Jewellers India made money for shareholders?

Yes: +16.7% over one year and +50.0% a year over five years.

Shareholder returns

1-year return +16.7%
Price only
What the share price did over the last 12 months. Learn more →
5-year return +50.0% a year
Price only
Yearly average price return over five years, bonuses and splits adjusted. Learn more →
Wealth destroyer No
Five-year total return — price CAGR on bonus- and split-adjusted closes plus the dividend yield — below the 7% a bank fixed deposit paid. Learn more →

Returns

3Y and 5Y are yearly averages
1W
−0.5%
1M
−8.3%
3M
+8.5%
6M
+25.4%
1Y
+16.7%
3Y
+24.2%
5Y
+50.0%

Does Kalyan Jewellers India pay a dividend?

Yes. Kalyan Jewellers India's dividend yield is 0.67% at the latest price; the last payout was ₹2.50 a share, ex-dividend 11 Sep 2026.

Dividends

Per share, by ex-dividend date
Dividend yield0.67%
The past 12 months' dividends as a share of today's price.
11 Sep 2026 · Final₹2.50
4 Sep 2025 · Final₹1.50
9 Aug 2024 · Final₹1.20
4 Aug 2023 · Final₹0.50
Payout ratio🔒 In the app
The share of profit paid out as dividends; a very high share leaves little to reinvest.
Dividend growth, 5 years🔒 In the app
How fast the dividend per share has grown a year.
Years without a miss🔒 In the app
How many years in a row a dividend has been paid.

Is Kalyan Jewellers India growing?

Revenue 3 years 36.6% a year; profit 3 years 46.1% a year; revenue 5 years 29.3% a year.

Growth

Statements through FY2026 (Mar-26)
Revenue 3 years 36.6% a year
vs peers 28.5% · 3rd of 9
Compound annual growth of revenue over three years. Learn more →
Profit 3 years 46.1% a year
Compound annual growth of net profit over three years. Learn more →
Revenue 5 years 29.3% a year
Compound annual growth of revenue over five years. Learn more →
Profit 5 years 45.0% a year
Compound annual growth of net profit over five years. Learn more →
EPS 3 years 46.0% a year
Growth in earnings per share, so dilution counts against the company. Learn more →
EPS 5 years Not available
Growth in earnings per share over five years, so dilution counts against the company. Learn more →
P/E vs own history -27.6%
Today's P/E against its own 5-year median; negative is cheaper than its history. Learn more →

How did Kalyan Jewellers India do last quarter?

Kalyan Jewellers India reported revenue of ₹10,589 Cr, up 42.7% on a year earlier and a net profit of ₹349 Cr, up 89.1% in the Jun 2026 quarter.

Latest quarter

Jun 2026
Revenue, latest quarter₹10,589 Cr
+42.7% on a year earlier
What the company took in over the quarter.
Net profit, latest quarter₹349 Cr
+89.1% on a year earlier
What was left for shareholders after every cost and tax.

How does Kalyan Jewellers India compare with its peers?

Compared with 9 Gems Jewellery And Watches; the ranks are in the app.

Compared with 9 Gems Jewellery And Watches

9 companies
  • Kalyan Jewellers India Ltd (this page)
  • Titan Company Ltd
  • Lalithaa Jewellery Mart Ltd
  • Thangamayil Jewellery Ltd
  • PC Jeweller Ltd
  • Sky Gold & Diamonds Ltd
  • Bluestone Jewellery & Lifestyle Ltd
  • P N Gadgil Jewellers Ltd
  • Timex Group India Ltd
  • Ethos Ltd

Kalyan Jewellers India against its peers

Largest 9 of 9 peers, by market cap
CompanyMarket capP/EP/BROEROCE1YQuality 🔒Rank 🔒
Kalyan Jewellers India Ltd₹57,214 Cr39.96.323.6%23.2%+16.7%
Titan Company Ltd₹3.9 L Cr67.917.224.8%18.4%+24.8%
Lalithaa Jewellery Mart Ltd₹21,414 Cr20.8—40.1%37.8%+54.0%
Thangamayil Jewellery Ltd₹15,198 Cr38.97.527.9%25.4%+139.5%
PC Jeweller Ltd₹14,525 Cr15.00.89.9%9.6%+19.1%
Sky Gold & Diamonds Ltd₹14,264 Cr42.54.423.9%23.7%+172.7%
Bluestone Jewellery & Lifestyle Ltd₹12,493 Cr245.53.91.0%5.2%+17.5%
P N Gadgil Jewellers Ltd₹8,831 Cr18.33.622.7%20.5%−9.3%
Timex Group India Ltd₹7,313 Cr86.232.8150.0%70.0%+87.8%
Ethos Ltd₹6,858 Cr65.83.97.7%10.8%−8.4%
Peer median—————+24.8%
Market cap in rupees crore; P/E and P/B on the latest price; 1Y is the price return over a year. A dash is a figure that does not apply or is not reported.

Full peer comparison

🔒 Pro
Every peer, every figure, the ranks and the quality and forensic scores side by side: in the app.

Who owns Kalyan Jewellers India?

Kalyan Jewellers India is held by promoters 62.9%, foreign institutions 10.8%, domestic institutions 15.8%.

Shareholding pattern

Latest filing, percent of shares
Promoters62.9%
The founders and controlling group.
Foreign institutions10.8%
Overseas funds investing through the FPI route.
Domestic institutions15.8%
Indian insurers, banks, pension and mutual funds together.
Mutual funds15.4%
Indian mutual fund schemes; part of domestic institutions.
Retail and others8.0%
Individual investors and everyone else.
Promoter shares pledged🔒 In the app
Promoter shares given as collateral for loans; a high share is a risk to watch.
Holding trend🔒 In the app
Whether promoters, foreign funds and mutual funds have been adding or selling over recent quarters.

What do analysts say about Kalyan Jewellers India?

10 analysts cover Kalyan Jewellers India, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Analyst consensus

10 analysts
ConsensusBuy
The rating most covering analysts give the share.
Average target price🔒 In the app
The mean of the analysts' 12-month price targets.
Upside to target🔒 In the app
How far the target sits above or below today's price.
Share rating it a buy🔒 In the app
The share of covering analysts with a buy rating.

What does Kalyan Jewellers India do and what is it sensitive to?

Kalyan Jewellers India Limited sells jewellery through its showrooms, My Kalyan outreach centres and the Candere digital platform, mainly to retail customers in India and also through a small overseas showroom network. Sensitive to: gold price.

Business-model card

FY2026 · 49 verified
4Revenue
4Channels
2Regulators
4Reg. dependencies
6Sensitivities
5Costs
6Geographies

Kalyan Jewellers India Limited sells jewellery through its showrooms, My Kalyan outreach centres and the Candere digital platform, mainly to retail customers in India and also through a small overseas showroom network. It earns mainly from sale of jewellery, net of scheme discounts and vouchers, and also earns royalty and other income from franchisees.

Revenue by segment

year ended March 31, 2026 (consolidated; geographic revenue from external customers, since the Group reports no separate business segments under Ind AS 108)
India87.9%
Middle East11.3%
United States of America0.6%
United Kingdom0.1%

Revenue engine

4 verified
Sale of jewellery
Main revenue line. Revenue is recognised at the point control transfers and is net of customer incentives, discounts and variable considerations.
Retail and franchisee sales
Revenue comes from retail customers and from franchisee transactions on varied contractual terms; the franchisee business started in FY2023 and has grown significantly.
Net consideration after scheme discounts
Contracted price is reduced by variable consideration such as scheme discounts, incentives and discount vouchers, which lowers recognised revenue.
1 more statement
Royalty and other income from franchisees
Other operating revenue earned from franchisee arrangements, listed separately from sales of jewellery.

Customers & channels

4 verified
My Kalyan grassroots network
Local outreach centres and staff capture leads and follow up, feeding showroom footfall and purchase schemes.
Reach of outreach to customers
Outreach teams engage a large customer base each year, which the company links to local showroom visits.
Candere digital customers
Digital-first platform gives access to customers across India; it runs alongside the showroom network.
1 more statement
Franchise partners (FOCO model)
Franchise partners fund store setup and inventory while the company keeps operational and brand control, so new showrooms need less company capital.

Regulators

2 verified
Bureau of Indian Standards (BIS) hallmarking
Governs hallmarking of jewellery; the company says it updates BIS and HUID marks to meet the rules.
Legal Metrology Act, 2009
Named as a law specifically applicable to the company, which sells jewellery to consumers.

Regulatory dependencies

4 verified
Customs duty on imports
A change in customs duty moves reported profit. The FY25 adjusted figures exclude the duty impact, so a duty rise lowers reported profit and a cut raises it.
Mandatory hallmarking and reduced import duties
These rules narrow the cost gap between organised and unorganised retailers, which shifts volume toward organised players. Interpretation: a further cut in the gap would help the company's share against unorganised rivals.
Government rule changes on gold, imports, hallmarking and KYC
New taxes on gold, import limits or stricter KYC norms can raise costs and make compliance more complex. Interpretation: higher compliance cost reduces margin.
1 more statement
Compliance-driven operating costs
Changes in government policies on gold imports, taxation, hallmarking or KYC norms could affect operational costs and compliance requirements.

Sensitivities

6 verified
Gold price
Frequent gold price swings change when customers buy, affect inventory valuation and impact margins. Interpretation: rising gold prices raise the cost of stock and the price customers pay.
Gold price trend
Gold prices rose each year from FY22 to FY25 and the company is exposed to these moves through its purchase and sale of gold.
Economic slowdown
Gold exchange gives customers an upgrade path with little new outlay, which cushions a slowdown. Without it, a slowdown would dampen discretionary jewellery purchases.
3 more statements
Interest rates
Bank borrowings at variable rates expose the company to market interest rate changes, so a rate rise raises finance cost.
Foreign exchange (INR strength)
The company reports a sensitivity to a 10% move in INR against foreign currency, with a strengthening of INR shown as a reduction in profit impact.
Seasonal demand
Demand peaks with weddings, festivals and rural harvest cycles, so sales are concentrated in those periods.

Cost inputs

5 verified
Gold purchased on loan
Gold is procured on loan basis, with flexibility to fix the price at any time during the loan tenor; gold loan interest is part of finance cost.
Borrowings and metal gold loan interest
Finance cost line that includes interest on borrowings and the metal gold loan.
Advertisement expenses
Largest recorded operating expense line in the FY26 other expenses table, driving marketing spend.
2 more statements
Salaries and wages
Employee cost line that rises with the outreach and showroom network.
Purchased finished goods
The company has no manufacturing plants, so its product cost comes from bought-in goods rather than its own production. Interpretation: sourcing terms drive product cost.

Geographies

6 verified
India showrooms (90.0%)
Most of the showroom network is in India, including Candere.
Showrooms outside India (10.0%)
Overseas showrooms are a small share of the network, in the Middle East and the USA.
Metro presence of Kalyan showrooms in India (28.0%)
Share of Kalyan showrooms in metro locations.
3 more statements
Non-metro presence of Kalyan showrooms in India
Share of Kalyan showrooms in non-metro locations.
South India (Kalyan showrooms)
Share of Kalyan showrooms located in South India.
International business
Separately reported overseas business line; the company says no individual market outside India is material.
Each statement is checked word for word against the FY2026 annual report; the passages are in the app.

What changed recently?

Dividend - Rs 2.50 Per Share (11 Sep 2026).

Change log

8 entries · newest first
  1. Corporate actionDividend - Rs 2.50 Per Share.
  2. Results filedQ1 FY2027 results filed.
  3. Results filedQ4 FY2026 results filed.
  4. Results filedQ3 FY2026 results filed.
  5. Results filedQ2 FY2026 results filed.
  6. Corporate actionDividend - Rs 1.50 Per Share.
  7. Results filedQ1 FY2026 results filed.
  8. Results filedQ4 FY2025 results filed.
Get alerts →Sign in to be told when any of these change.

What this page does not tell you

What could not be judged, and why. Never empty.
  • Models not runFair value, EPV, Graham number, Graham value, Lynch, Owner earnings: no valuation stored.
  • FlagsWATCH on 30 of 30 flags judged; 1 red.
  • Data gapsBusiness quality, EPS 5 years: not available yet.

What this page rests on

✓9 years of annual statements, through FY2026 (Mar-26)✓10 quarters of results✓67 months of month-end prices, adjusted for bonuses and splits○no valuation of ours yet✓business-model card FY2026 · 49 verified

Questions people ask

What is Kalyan Jewellers India's share price today?

Kalyan Jewellers India last traded at ₹567.15 on the NSE, as of 12 Oct 2026, 11:00 pm IST, up 2.4% on the day, up 16.7% over a year. Its 52-week range is ₹327 to ₹649. The live price is in the app.

What is Kalyan Jewellers India's market cap?

Kalyan Jewellers India's market capitalisation is about ₹57,214 crore: what it would cost to buy every share at today's price. That makes it the 83rd largest mid cap company we cover.

Is Kalyan Jewellers India Ltd a large cap, mid cap or small cap?

Kalyan Jewellers India Ltd (KALYANKJIL) is a mid cap company in AMFI's classification for Jan-Jun 2026. SEBI's buckets go by rank on six-month average market capitalisation: the top 100 are large caps, 101 to 250 mid caps, the rest small caps.

What is Kalyan Jewellers India Ltd's P/E ratio?

39.86, Industry 55.83. Price divided by last year's earnings per share: how many years of today's profit you pay for.

How does Kalyan Jewellers India Ltd make money?

Kalyan Jewellers India Limited sells jewellery through its showrooms, My Kalyan outreach centres and the Candere digital platform, mainly to retail customers in India and also through a small overseas showroom network. It earns mainly from sale of jewellery, net of scheme discounts and vouchers, and also earns royalty and other income from franchisees.

Who are Kalyan Jewellers India Ltd's peers?

Compared with 9 Gems Jewellery And Watches: Titan Company Ltd, Lalithaa Jewellery Mart Ltd, Thangamayil Jewellery Ltd, PC Jeweller Ltd, Sky Gold & Diamonds Ltd and 4 more. The app shows how they compare on every figure.

Is this investment advice?

No. Valarth is a research and learning tool and is not a SEBI-registered investment adviser or research analyst. The figures come from the company's filings and the exchanges; what to do with them is your call.

How did Kalyan Jewellers India do last quarter?

Kalyan Jewellers India reported revenue of ₹10,589 Cr, up 42.7% on a year earlier and a net profit of ₹349 Cr, up 89.1% in the Jun 2026 quarter.

Who owns Kalyan Jewellers India?

Kalyan Jewellers India is held by promoters 62.9%, foreign institutions 10.8%, domestic institutions 15.8%.

Does Kalyan Jewellers India pay a dividend?

Yes. Kalyan Jewellers India's dividend yield is 0.67% at the latest price; the last payout was ₹2.50 a share, ex-dividend 11 Sep 2026.

What do analysts say about Kalyan Jewellers India?

10 analysts cover Kalyan Jewellers India, and the consensus is buy. A consensus is a count of opinions, not a forecast; read it beside the numbers.

Everything on Kalyan Jewellers India, and 6,621 other companies, with 212 filters and the full peer tables

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