High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Size: It is among the top 200 market size companies of india.
Momentum: Stock price has a strong positive momentum. Stock is up 3.4% in last 30 days.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 41.8% return compared to 7.7% by NIFTY 50.
Growth: Awesome revenue growth! Revenue grew 45.8% over last year and 159.2% in last three years on TTM basis.
Smart Money: Smart money is losing interest in the stock.
Valuation | |
|---|---|
| Market Cap | 62.33 kCr |
| Price/Earnings (Trailing) | 43.42 |
| Price/Sales (Trailing) | 1.59 |
| EV/EBITDA | 22.41 |
| Price/Free Cashflow | 68.39 |
| MarketCap/EBT | 32.57 |
| Enterprise Value | 62.55 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 39.28 kCr |
| Rev. Growth (Yr) | 45.5% |
| Earnings (TTM) | 1.43 kCr |
| Earnings Growth (Yr) | 32% |
Profitability | |
|---|---|
| Operating Margin | 5% |
| EBT Margin | 5% |
| Return on Equity | 22.75% |
| Return on Assets | 6.93% |
| Free Cashflow Yield | 1.46% |
Growth & Returns | |
|---|---|
| Price Change 1W | 5.6% |
| Price Change 1M | 3.4% |
| Price Change 6M | 53.4% |
| Price Change 1Y | 26.3% |
| 3Y Cumulative Return | 41.8% |
| 5Y Cumulative Return | 58.5% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -117.51 Cr |
| Cash Flow from Operations (TTM) | 1.32 kCr |
| Cash Flow from Financing (TTM) | -1.26 kCr |
| Cash & Equivalents | 306.6 Cr |
| Free Cash Flow (TTM) | 911.41 Cr |
| Free Cash Flow/Share (TTM) | 8.83 |
Balance Sheet | |
|---|---|
| Total Assets | 20.72 kCr |
| Total Liabilities | 14.41 kCr |
| Shareholder Equity | 6.31 kCr |
| Current Assets | 16.33 kCr |
| Current Liabilities | 12.57 kCr |
| Net PPE | 1.5 kCr |
| Inventory | 14.17 kCr |
| Goodwill | 5.06 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.03 |
| Debt/Equity | 0.08 |
| Interest Coverage | 3.37 |
| Interest/Cashflow Ops | 4.01 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1.5 |
| Dividend Yield | 0.39% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 0.30% |
Size: It is among the top 200 market size companies of india.
Momentum: Stock price has a strong positive momentum. Stock is up 3.4% in last 30 days.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Outperforming stock! In past three years, the stock has provided 41.8% return compared to 7.7% by NIFTY 50.
Growth: Awesome revenue growth! Revenue grew 45.8% over last year and 159.2% in last three years on TTM basis.
Smart Money: Smart money is losing interest in the stock.
Investor Care | |
|---|---|
| Dividend Yield | 0.39% |
| Dividend/Share (TTM) | 1.5 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 13.9 |
Financial Health | |
|---|---|
| Current Ratio | 1.3 |
| Debt/Equity | 0.08 |
Technical Indicators | |
|---|---|
| RSI (14d) | 57.91 |
| RSI (5d) | 89.69 |
| RSI (21d) | 50.56 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Kalyan Jewellers India's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
In the earnings conference call for Kalyan Jewellers India Limited, management conveyed a highly optimistic outlook, emphasizing strong performance and growth prospects. In Q4 FY '26, the company reported consolidated revenue growth of 66%, reaching INR 10,275 crores, while profit after tax surged by 118% to INR 410 crores. For the full financial year, consolidated revenue exceeded INR 35,700 crores with a PAT of INR 1,350 crores.
Management highlighted plans to open 150 new showrooms across various brands, including Kalyan and Candere. Candere in particular experienced exceptional growth, with revenue up 160% and turning PAT positive in H2 FY '26. The Board proposed a dividend of approximately INR 257 crores, indicating a payout of around 20% of net profit.
Looking ahead, management noted that they expect strong consumer demand to continue into FY '27, particularly around wedding purchases. There is an aim to be non-GML (Gold Metal Loan) debt-free by the end of FY '27, potentially as early as H1 FY '27. Other strategic points include focusing on same-store sales growth and expanding the showroom footprint in the Indian market, especially in metro areas like Bangalore and Chennai.
Key numbers include:
Overall, the management's forward-looking statements reflect confidence in sustaining growth amid strong market demand, with particular focus on expanding both Kalyan and Candere brands.
Here are the major questions and their respective answers from the Q&A session of the earnings transcript:
Question 1: "There is a big divergence in the South and non-South SSSG. What led to this divergence?"
Answer: Yes, the South saw lower SSSG compared to the non-South. Each quarter has different performances, and this time the divergence was significant. The base effects possibly played a role, as South's current year's performance compared to the last was higher.
Question 2: "Regarding gross margins, there has been a reversal of the improving trend this quarter. Can you clarify?"
Answer: While gross margins improved over time, Q4 was affected by showroom mix and product types sold. Variations can arise seasonally, influenced by festive purchases that differ across quarters. So, we can't make direct quarter-to-quarter comparisons.
Question 3: "How strong have sales trends been in Q1 FY '27, and can we expect to sustain growth after the exceptional FY '26?"
Answer: Q1 has started robustly, with good growth in April. However, we do have a high base to contend with, particularly in the second half of FY '27. While we can't guarantee specific growth rates, the current demand momentum is encouraging.
Question 4: "Is there a possibility of repaying non-GML debt entirely by H1 FY '27?"
Answer: Our objective is to be non-GML debt-free in FY '27. If profitable trends continue, we could achieve this by H1, but we won't commit to that guidance just yet.
Question 5: "What updates can you provide regarding the new regional brand?"
Answer: The launch is ongoing, but we are waiting for the political situation in the target state to stabilize before launching our campaign, so timing is critical.
Question 6: "Are there supply issues with gold imports due to Middle East tensions and GST concerns?"
Answer: There is no current issue with gold supply. We have a steady flow from our banks. Retailers are permitted to import through various channels, ensuring we remain well-stocked.
Question 7: "How do you expect the Adhik-Maas inauspicious period to affect sales growth in Q1?"
Answer: Adhik-Maas may indeed affect timing, but we might see a shift in purchasing patterns. Some sales are likely to be preponed, so I can't definitively state there will be a revenue loss for the quarter.
Question 8: "Regarding FOCO showrooms in the Middle East, what is the update on the conversion plans?"
Answer: Currently, we have converted four FOCO showrooms to COCO to facilitate new partnerships with Arab investors interested in opening Kalyan showrooms.
Question 9: "What is the status of your future capital management post-debt repayment?"
Answer: We plan to allocate 50% of our generated cash for dividends and debt reduction, while the remaining will support expansion and investments in Candere and other projects.
Question 10: "Can you comment on Candere's margin profile and the future store openings?"
Answer: Candere operates with around mid-30s gross margins, given its high studded product ratio above 70%. We expect to open around 50-55 Candere stores this financial year.
These answers provide a summary of key insights from the earnings call while focusing on the company's performance and strategic outlook.
Understand Kalyan Jewellers India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Kalyanaraman T S | 22.37% |
| Seetharam T K | 18.02% |
| T K Ramesh | 18.02% |
| Motilal Oswal Midcap Fund | 9.17% |
| Kjg Consulting Private Limited | 2.35% |
| Franklin India Flexi Cap Fund | 1.64% |
| Sundaram Mutual Fund A/C Sundaram Mid Cap Fund | 1.33% |
| Nomura India Investment Fund Mother Fund | 1.25% |
| Karthik Ramani | 1.2% |
| Radhika Thrikur Kalyanaraman | 0.71% |
| T A Sreeram | 0.02% |
| Geethalakshmi T S | 0.02% |
| Trikkoor Seetharama Iyer Balaraman | 0.02% |
| T B Seetharamji | 0.02% |
| Dhanya Manoj | 0.02% |
| Hariharan Divya | 0.02% |
| Pooja Krishnan | 0.02% |
| T A Sethuraman | 0.02% |
| Sreevidya Arun | 0.01% |
| R Sidharth | 0.01% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Kalyan Jewellers India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| TITAN | Titan Co. | 4.56 LCr | 93.01 kCr | +6.00% | +43.00% | 79.51 | 4.91 | - | - |
| THANGAMAYL | Thangamayil Jewellery | 17.08 kCr | 9.62 kCr | -15.30% | +157.90% | 43.68 | 1.78 | - | - |
| TMB | Tamilnad Mercantile Bank | 14.15 kCr | 6.98 kCr | +1.50% | +110.50% | - | 2.03 | - | - |
| PCJEWELLER | PC JEWELLER | 10.69 kCr | 3.62 kCr | +19.40% | -15.60% | 11.12 | 2.95 | - | - |
| SENCO | Senco Gold | 6.02 kCr | 9.74 kCr | -11.80% | -10.30% | 10.53 | 0.62 | - | - |
| RAJESHEXPO | Rajesh Exports | 2.26 kCr | 5.17 LCr | -11.30% | -58.20% | 15.74 | 0 | - | - |
| TBZ | Tribhovandas Bhimji Zaveri | 1.87 kCr | 3.43 kCr | +5.70% | +46.00% | 8.73 | 0.54 | - | - |
Comprehensive comparison against sector averages
KALYANKJIL metrics compared to Consumer
| Category | KALYANKJIL | Consumer |
|---|---|---|
| PE | 43.42 | 55.86 |
| PS | 1.59 | 0.84 |
| Growth | 45.8 % | 13.4 % |
Kalyan Jewellers India is a prominent company in the Gems, Jewellery, and Watches sector, primarily engaged in the manufacture and retail of a diverse array of jewelry products.
With a stock ticker of KALYANKJIL, the company boasts a significant market capitalization of Rs. 53,449.2 Crores. Kalyan Jewellers India Limited's product offerings include gold, diamond, silver, platinum, and gemstone jewelry. Their extensive collection features various styles such as wedding, regional, aspirational, and studded jewelry.
The company provides a wide range of items, including:
Kalyan Jewellers markets its products under several brand names, including MUDHRA, NIMAH, ANOKHI, RANG, TEJASVI, ZIAH, LAYA, GLO, CANDERE, VEDHA, APOORVA, HERA, and MUHURAT.
The company operates showrooms throughout India and the Middle East, and it also runs My Kalyan Grassroots stores. Additionally, Kalyan Jewellers offers online shopping through its platform, candere.com. Founded in 1908 and headquartered in Thrissur, India, the company has demonstrated strong financial performance, with a trailing 12-month revenue of Rs. 23,531 Crores.
Kalyan Jewellers is committed to providing returns to its investors, distributing dividends with a yield of 0.25% per year. Over the last 12 months, it issued a Rs. 1.2 dividend per share. However, the company has diluted shareholder holdings by 0.1% in the past three years. Notably, it has experienced substantial revenue growth of 112.8% in the same period.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
KALYANKJIL vs Consumer (2022 - 2026)