About
Kalyan Jewellers India Limited, together with its subsidiaries, engages in the manufacture and retail of various gold and precious stone studded jewelry products in India, the Middle East, the United states of America, and United Kingdom, and internationally. It offers gold, diamond, silver, platinum, gemstone, and white and rose gold jewelry, including wedding, staple regional, aspirational, studded, and other jewelries. The company also provides chains, necklaces, bangles, bracelets, nose studs, choker, jewelry, and moti sets, daily wear, vaddanam, rings, earrings, pendants, anklets, pearls, studs, jhumka, lockets, harams, kadas, payals, and second studs. It offers its products under MUDHRA, NIMAH, ANOKHI, RANG, TEJASVI, ZIAH, LAYA, GLO, CANDERE, VEDHA, APOORVA, HERA, and MUHURAT brand names. Further, it sells its products through an online platform, candere.com. Kalyan Jewellers India Limited was founded in 1993 and is headquartered in Thrissur, India.
Key Metrics
as of Sep 2026Market Cap61,820 Cr
P/E42.20
Div Yield0.42 %
Book Value₹61.10
52w High₹649.00
52w Low₹327.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 9,026.00 | 8,994.00 | 9,048.00 | 6,843.00 | 6,142.00 | 5,350.00 | 6,386.00 | 5,227.00 | 4,687.00 | 3,867.00 | 4,512.00 | 3,754.00 | 3,641.00 |
| Expenses | 8,525.00 | 8,390.00 | 8,394.00 | 6,411.00 | 5,708.00 | 5,007.00 | 6,016.00 | 4,964.00 | 4,372.00 | 3,613.00 | 4,195.00 | 3,487.00 | 3,372.00 |
| Operating Profit | 500.00 | 604.00 | 654.00 | 432.00 | 434.00 | 344.00 | 370.00 | 263.00 | 315.00 | 255.00 | 316.00 | 267.00 | 269.00 |
| OPM % | 6.00 | 7.00 | 7.00 | 6.00 | 7.00 | 6.00 | 6.00 | 5.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Other Income | 72.00 | 52.00 | 33.00 | 57.00 | 52.00 | 42.00 | 41.00 | 28.00 | 25.00 | 34.00 | 23.00 | 14.00 | 14.00 |
| Depreciation | 77.00 | 77.00 | 77.00 | 72.00 | 70.00 | 68.00 | 61.00 | 61.00 | 56.00 | 55.00 | 53.00 | 51.00 | 48.00 |
| Interest | 63.00 | 83.00 | 69.00 | 65.00 | 72.00 | 69.00 | 58.00 | 63.00 | 60.00 | 58.00 | 60.00 | 63.00 | 61.00 |
| Profit before tax | 432.00 | 495.00 | 541.00 | 352.00 | 344.00 | 249.00 | 292.00 | 167.00 | 224.00 | 176.00 | 226.00 | 168.00 | 174.00 |
| Tax % | 26.00 | 26.00 | 26.00 | 25.00 | 26.00 | 26.00 | 25.00 | 28.00 | 26.00 | 26.00 | 26.00 | 25.00 | 26.00 |
| Net Profit | 321.00 | 366.00 | 401.00 | 262.00 | 256.00 | 185.00 | 218.00 | 120.00 | 165.00 | 131.00 | 168.00 | 126.00 | 129.00 |
| EPS in Rs | 3.11 | 3.54 | 3.88 | 2.54 | 2.49 | 1.80 | 2.11 | 1.17 | 1.60 | 1.28 | 1.63 | 1.22 | 1.25 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 31,027.00 | 21,639.00 | 15,758.00 | 11,584.00 | 9,056.00 | 7,326.00 | 7,846.00 | 7,448.00 | 8,297.00 | 7,541.00 | 7,956.00 |
| Expenses | 28,877.00 | 20,325.00 | 14,640.00 | 10,627.00 | 8,346.00 | 6,686.00 | 7,192.00 | 7,106.00 | 7,764.00 | 7,063.00 | 7,738.00 |
| Operating Profit | 2,150.00 | 1,314.00 | 1,118.00 | 957.00 | 710.00 | 640.00 | 654.00 | 342.00 | 533.00 | 479.00 | 218.00 |
| OPM % | 7.00 | 6.00 | 7.00 | 8.00 | 8.00 | 9.00 | 8.00 | 4.60 | 6.00 | 6.00 | 2.70 |
| Other Income | 190.00 | 144.00 | 101.00 | 9.00 | 42.00 | 53.00 | 98.00 | 58.00 | 22.00 | 51.00 | 143.00 |
| Interest | 312.00 | 280.00 | 269.00 | 258.00 | 282.00 | 331.00 | 331.00 | 245.00 | 253.00 | 314.00 | 295.00 |
| Depreciation | 296.00 | 246.00 | 206.00 | 183.00 | 181.00 | 174.00 | 186.00 | 91.00 | 82.00 | 78.00 | 59.00 |
| Profit before tax | 1,732.00 | 932.00 | 744.00 | 525.00 | 290.00 | 187.00 | 235.00 | 64.00 | 220.00 | 139.00 | 7.00 |
| Tax % | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 26.00 | 34.00 | 30.00 | 37.00 | 18.00 | -240.00 |
| Net Profit | 1,285.00 | 689.00 | 554.00 | 390.00 | 214.00 | 138.00 | 156.00 | 45.00 | 138.00 | 114.00 | 25.00 |
| EPS in Rs | 12.44 | 6.68 | 5.38 | 3.78 | 2.08 | 1.34 | 1.86 | 0.54 | 1.64 | 1.36 | 0.35 |
| Dividend Payout % | 20.00 | 22.00 | 22.00 | 13.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1,033.00 | 1,031.00 | 1,030.00 | 1,030.00 | 1,030.00 | 1,030.00 | 839.00 | 839.00 | 839.00 | 839.00 | 704.00 |
| Reserves | 5,088.00 | 3,746.00 | 3,137.00 | 2,637.00 | 2,234.00 | 1,995.00 | 1,199.00 | 1,167.00 | 1,120.00 | 642.00 | 612.00 |
| Borrowings | 3,232.00 | 3,301.00 | 3,228.00 | 2,415.00 | 2,385.00 | 2,547.00 | 2,671.00 | 2,783.00 | 1,767.00 | 2,537.00 | 2,365.00 |
| Other Liabilities | 7,702.00 | 4,631.00 | 3,533.00 | 3,116.00 | 2,107.00 | 2,340.00 | 1,998.00 | 1,255.00 | 2,918.00 | 1,497.00 | 1,659.00 |
| Total Liabilities | 17,055.00 | 12,709.00 | 10,928.00 | 9,198.00 | 7,756.00 | 7,912.00 | 6,707.00 | 6,044.00 | 6,644.00 | 5,515.00 | 5,339.00 |
| Fixed Assets | 2,143.00 | 1,914.00 | 1,615.00 | 1,291.00 | 1,401.00 | 1,431.00 | 1,568.00 | 1,022.00 | 1,003.00 | 873.00 | 812.00 |
| CWIP | 14.00 | 6.00 | 49.00 | 20.00 | 2.00 | 53.00 | 24.00 | 22.00 | 16.00 | 0.00 | 14.00 |
| Investments | 852.00 | 851.00 | 773.00 | 768.00 | 768.00 | 755.00 | 273.00 | 267.00 | 260.00 | 252.00 | 252.00 |
| Other Assets | 14,046.00 | 9,938.00 | 8,491.00 | 7,119.00 | 5,585.00 | 5,674.00 | 4,842.00 | 4,733.00 | 5,365.00 | 4,391.00 | 4,261.00 |
| Total Assets | 17,055.00 | 12,709.00 | 10,928.00 | 9,198.00 | 7,756.00 | 7,912.00 | 6,707.00 | 6,044.00 | 6,644.00 | 5,515.00 | 5,339.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1,587.00 | 973.00 | 986.00 | 715.00 | 109.00 | 516.00 | 156.00 |
| Cash from Investing Activity | -481.00 | -293.00 | -116.00 | -362.00 | 144.00 | -310.00 | 4.00 |
| Cash from Financing Activity | -1,170.00 | -513.00 | -833.00 | -376.00 | -474.00 | -23.00 | -126.00 |
| Net Cash Flow | -65.00 | 167.00 | 36.00 | -23.00 | -221.00 | 183.00 | 34.00 |
| Free Cash Flow | 1,291.00 | 674.00 | 749.00 | 554.00 | 33.00 | 469.00 | 80.00 |
| CFO/OP % | 93.00 | 92.00 | 108.00 | 88.00 | 37.00 | 89.00 | 25.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 9.00 | 6.00 | 4.00 | 3.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Inventory Days | 144.00 | 146.00 | 182.00 | 213.00 | 226.00 | 263.00 | 206.00 | 209.00 | 209.00 | 202.00 | 165.00 |
| Days Payable | 41.00 | 36.00 | 42.00 | 36.00 | 24.00 | 33.00 | 17.00 | 17.00 | 27.00 | 40.00 | 43.00 |
| Cash Conversion Cycle | 112.00 | 116.00 | 145.00 | 181.00 | 202.00 | 230.00 | 189.00 | 192.00 | 182.00 | 162.00 | 124.00 |
| Working Capital Days | 28.00 | 26.00 | 30.00 | 38.00 | 37.00 | 17.00 | 136.00 | 140.00 | 132.00 | 107.00 | 87.00 |
| ROCE % | 24.00 | 16.00 | 15.00 | 14.00 | 10.00 | 10.00 | 12.00 | 7.00 | 12.00 | 12.00 | — |
Corporate Actions
3 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 04 Sep 2025 | 05 Sep 2025 | — | 1.50 | |
| Dividend | 09 Aug 2024 | — | — | 1.20 | |
| Dividend | 04 Aug 2023 | — | — | 0.50 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
-
Rating update10 Apr from icra
-
Rating update17 Jul 2025 from icra
-
Rating update25 Jun 2025 from fitch
-
Rating update31 Dec 2024 from icra
-
Rating update26 Mar 2024 from fitch
-
Rating update3 Nov 2023 from icra