Kalyan Jewellers India

    KALYANKJIL
    Consumer
    ₹601.15
    price as of 11/9/2026, 5:28:14 pm

    Market cap ₹62,084 Cr

    P/E
    43.44
    Day range
    ₹589.05 – ₹610.00
    52-week range
    ₹327.05 – ₹648.95
    Volume
    63.40 L
    Open
    ₹609.50
    Prev close
    ₹615.20
    Promoters pledged 25.8% of their shares
    52-week range, adjusted for splits and bonuses
    ₹327.05₹648.95
    11 Jun 202630 Jul 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150NIFTY CONSUMER DURABLESF&O lot 1,350

    Price history

    6M change +53.94%RSI (14) 52.6 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 26.7% today vs 28.2% average · BSE close ₹600.65

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹320₹400₹480₹560₹6400%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Long unwinding
    Near-month future
    ₹604.3
    Change
    -1.68%
    Basis over spot
    +₹3.18
    Futures OI (shares)
    2.83 Cr
    OI change
    -1.71%
    Put-call ratio
    0.68
    Max pain
    ₹600
    Resistance (call OI)
    ₹600
    Support (put OI)
    ₹600
    Lot size
    1,350

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    480510535550565580595610625640655670690705015.0 L30.0 L45.0 L60.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    44.5
    EPS (TTM)
    ₹13.84
    ROE (FY26)
    24.3%
    ROCE (latest year)
    21%
    Dividend yield
    0.41%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +36.4%
    Profit 3Y CAGR
    +46.2%
    Revenue YoY (Jun 2026)
    +45.7%
    Profit YoY (Jun 2026)
    +32.2%
    Operating margin
    6.0%
    Net margin
    3.3%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 20260 Cr3.0K Cr6.0K Cr9.0K Cr12.0K Cr0%2%4%6%8%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • Promoter
    • DII
    • FII
    • Public

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-1.4K Cr-700 Cr0 Cr700 Cr1.4K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY19FY20FY21FY22FY23FY24FY25FY26-9%0%9%18%27%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr2.0K Cr4.0K Cr6.0K Cr8.0K Cr0.0x0.6x1.2x1.8x2.4x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales4,4155,2234,5255,5286,0657,2786,1827,2687,85610,34310,27510,589
    Expenses4,1014,8534,2295,1595,7386,8485,7826,7607,3599,5939,5399,956
    Operating Profit314370296368327430399508497750736633
    OPM %7%7%7%7%5%6%6%7%6%7%7%6%
    Other Income132039302640414651234656
    Interest8282788590889610495104130108
    Depreciation6770747585899398103109113115
    Profit before tax178239184237178294251353350560539465
    Tax %24%24%25%25%27%26%25%25%26%26%24%25%
    Net Profit135180137178130219188264261416410349
    EPS in Rs₹1.31₹1.75₹1.34₹1.72₹1.27₹2.12₹1.82₹2.56₹2.52₹4.03₹3.97₹3.38

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    Kalyan Jewellers India Ltd. designs manufacture and sells a range of gold, studded and other jewellery products across various price points. It is one of the largest jewellery retailers in India based on revenue as of FY20. The co. was founded by the current Chairman, MD and Promoter, Mr T.S. Kalyanaraman [1]

    Strengths

    • Company is expected to give good quarter
    • Company has delivered good profit growth of 195% CAGR over last 5 years
    • Company has been maintaining a healthy dividend payout of 20.5%

    Risks

    • Stock is trading at 9.84 times its book value

    Compounded Sales Growth

    10 Years
    —
    5 Years
    +33%
    3 Years
    +36%
    TTM
    +46%

    Compounded Profit Growth

    10 Years
    —
    5 Years
    +195%
    3 Years
    +45%
    TTM
    +83%

    Stock Price CAGR

    10 Years
    —
    5 Years
    +56%
    3 Years
    +38%
    1 Year
    +19%

    Return on Equity

    10 Years
    —
    5 Years
    +17%
    3 Years
    +19%
    Last Year
    +25%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter62.77%62.75%62.86%62.86%0.00 pp
    FII14.12%14.11%14.55%10.82%-3.73 pp
    DII14.56%15.23%14.13%15.83%+1.70 pp
    Public8.54%7.90%8.46%10.49%+2.03 pp

    Filed with NSE for Jun 2026: promoters 62.86%, public 37.14% · XBRL filing

    Analysts & fund holdings

    90%
    90% recommend buy
    10 analysts cover the stock
    Valuation vs Textiles, Apparel & Luxury Goods
    P/E43.4 vs 27.6
    Sector P/B5.69
    Beta1.38

    Who holds the shares, quarter by quarter

    Mutual funds 15.41% (+1.78 pp)
    Mar 25
    Jun 25
    Sept 25
    Dec 25
    Mar 26
    Jun 26
    • Promoters62.9%
    • Foreign institutions10.8%
    • Mutual funds15.4%
    • Insurance0.1%
    • Other domestic institutions0.3%
    • Retail8.0%
    • Others2.5%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Motilal Oswal Midcap Fund6.10%8.87%+1.78 pp
    Motilal Oswal Flexi Cap Fund2.00%8.79%+1.43 pp
    Franklin India Mid Cap Fund0.67%3.19%+1.69 pp
    Sundaram Mid Cap Fund0.65%2.72%+0.65 pp
    Sundaram Large and Mid Cap Fund0.52%4.32%+3.39 pp

    Scorecard

    Performance
    High
    Valuation
    High
    Growth
    Avg
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹2.50

      Dividend - Rs 2.50 Per Share

      11 Sept 2026
      ex-date
    • dividend
      ₹1.50

      Dividend - Rs 1.50 Per Share

      4 Sept 2025
      ex-date
    • dividend
      ₹1.20

      Annual General Meeting/Dividend - Rs 1.20 Per Share

      9 Aug 2024
      ex-date
    • dividend
      ₹0.50

      Annual General Meeting/Dividend - Rs 0.50 Per Share

      4 Aug 2023
      ex-date

    Insider trades

    Last 12 months, market trades
    Net buying ₹39.5 Cr
    4 buys · ₹39.5 Cr
    0 sells · ₹0
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    TS Kalyanaraman
    Director · Market Purchase
    		Buy2,33,000₹10.1 Cr13 Feb 2026
    TS Kalyanaraman
    Director · Market Purchase
    		Buy2,31,500₹10.0 Cr13 Feb 2026
    TS Kalyanaraman
    Director · Market Purchase
    		Buy2,30,000₹10.0 Cr11 Feb 2026
    TS Kalyanaraman
    Director · Market Purchase
    		Buy2,19,760₹9.5 Cr11 Feb 2026

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Bulk & block deals

    Large deals reported to NSE in this stock
    DateClientTypeQuantityPrice
    1 Sept 2026—Short sale5—

    Deals of more than 0.5% of shares (bulk), large single trades (block) and short sales, as NSE reports them.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Investor Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Investor Meet

    Company Update
    General Update
    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Publication

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Publication

    Others
    Business Responsibility and Sustainability Reporting (BRSR)

    BRSR Report

    AGM/EGMPrice-sensitive
    18Th AGM Notice

    18th AGM Notice

    Others
    Reg. 34 (1) Annual Report.

    Annual Report FY 25-26

    Corp. Action
    Record Date
    AGM/EGMPrice-sensitive
    Intimation Of 18Th AGM

    Intimation of 18th AGM

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Investor Meet

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Earnings Call Transcript - Q1

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Publication

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Link of Recording

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Investor Presentation

    Filed with BSE (scrip 543278); the last 45 days. Documents open at bseindia.com.

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.