Share Price and Basic Stock Data
Last Updated: December 13, 2025, 3:48 am
| PEG Ratio | 1.84 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Kalyan Jewellers India Ltd operates within the dynamic gems, jewellery, and precious metals sector, a market that has seen robust growth driven by both domestic demand and increasing disposable incomes. The company reported a significant jump in sales, reaching ₹14,071 Cr for the fiscal year ending March 2023, up from ₹10,818 Cr the previous year. This upward trajectory continued into the current fiscal year, with trailing twelve-month (TTM) revenues climbing to ₹26,794 Cr. Notably, quarterly sales figures demonstrate a steady increase, peaking at ₹7,268 Cr in June 2025. This consistent revenue growth appears strongly aligned with Kalyan’s expansion strategy, which includes enhancing its retail footprint and diversifying its product offerings. However, the company’s operating profit margin (OPM) has shown some volatility, hovering around 6% to 8% in recent quarters, which underscores the challenges of maintaining profitability in a competitive landscape.
Profitability and Efficiency Metrics
Profitability metrics for Kalyan Jewellers reflect a mixed performance, with net profit standing at ₹714 Cr for FY 2025, a considerable improvement from ₹432 Cr in FY 2023. The company’s earnings per share (EPS) also rose to ₹6.93, indicating a healthier return for shareholders. However, OPM has been relatively constrained, reported at 6% for FY 2025, a decline from previous years, suggesting that while revenues are climbing, cost pressures may be impacting margins. The interest coverage ratio (ICR) of 4.62x indicates that Kalyan is comfortably managing its interest obligations, but a closer look reveals rising borrowings, which stood at ₹5,335 Cr as of September 2025. This increase in debt can be a double-edged sword, providing necessary capital for expansion while also raising the stakes for financial stability.
Balance Sheet Strength and Financial Ratios
The balance sheet of Kalyan Jewellers exhibits signs of strength, with total assets reaching ₹15,126 Cr against total liabilities of ₹17,091 Cr. The company’s debt-to-equity ratio of 0.68x suggests a moderate leverage level, which is manageable, albeit indicative of reliance on external financing. Reserves have also grown to ₹4,309 Cr, enhancing financial flexibility. The return on equity (ROE) stood at 16%, reflecting the company’s ability to generate returns on shareholder funds, which is a positive sign for investors. However, the price-to-book value (P/BV) ratio of 10.03x appears stretched compared to industry norms, suggesting that the stock may be trading at a premium. This could raise concerns among value-oriented investors who often prefer stocks with lower valuations relative to their book value.
Shareholding Pattern and Investor Confidence
Kalyan Jewellers presents a diverse shareholding structure, with promoters holding 62.77% of the equity, indicating a strong commitment from the founding family. The presence of foreign institutional investors (FIIs) at 14.12% and domestic institutional investors (DIIs) at 14.56% signals a degree of institutional interest and confidence in the company’s prospects. The number of shareholders has grown significantly, reaching 7,15,743, reflecting increasing retail participation. However, the recent decline in FII holdings from 28.72% in December 2022 to the current 14.12% may raise eyebrows, as it suggests a possible shift in sentiment among foreign investors. This could be a point of concern, especially if it reflects broader market apprehensions about the company’s future performance or macroeconomic conditions.
Outlook, Risks, and Final Insight
Looking ahead, Kalyan Jewellers faces a mix of opportunities and challenges. On one hand, the growing middle class and rising gold prices could bolster demand for jewellery, potentially driving further revenue growth. On the other hand, the company must navigate pressures such as fluctuating raw material costs and increasing competition in the jewellery sector. The declining OPM indicates that cost management will be crucial to maintaining profitability. Moreover, with significant borrowings, any downturn in sales could heighten financial risks. Investors should consider these dynamics carefully; while Kalyan demonstrates strong growth potential, it also carries risks associated with high valuations and market volatility. Ultimately, a measured approach that balances the company’s growth prospects against inherent risks will be key for investors considering Kalyan Jewellers as part of their portfolio.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Kalyan Jewellers India Ltd | 49,496 Cr. | 479 | 795/399 | 53.2 | 51.7 | 0.31 % | 15.0 % | 16.0 % | 10.0 |
| Golkunda Diamonds & Jewellery Ltd | 131 Cr. | 189 | 265/156 | 9.70 | 100 | 0.79 % | 19.9 % | 19.8 % | 10.0 |
| Amanaya Ventures Ltd | 7.85 Cr. | 21.0 | 22.1/12.2 | 41.3 | 14.7 | 0.00 % | 7.93 % | 5.61 % | 10.0 |
| Industry Average | 24,813.50 Cr | 229.67 | 34.73 | 55.47 | 0.37% | 14.28% | 13.80% | 10.00 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,333 | 3,473 | 3,884 | 3,382 | 4,376 | 4,415 | 5,223 | 4,525 | 5,528 | 6,065 | 7,278 | 6,182 | 7,268 |
| Expenses | 3,068 | 3,207 | 3,557 | 3,125 | 4,053 | 4,101 | 4,853 | 4,229 | 5,159 | 5,738 | 6,848 | 5,782 | 6,760 |
| Operating Profit | 264 | 266 | 327 | 257 | 323 | 314 | 370 | 296 | 368 | 327 | 430 | 399 | 508 |
| OPM % | 8% | 8% | 8% | 8% | 7% | 7% | 7% | 7% | 7% | 5% | 6% | 6% | 7% |
| Other Income | 8 | 8 | 7 | -19 | 12 | 13 | 20 | 39 | 30 | 26 | 40 | 41 | 46 |
| Interest | 71 | 74 | 77 | 80 | 82 | 82 | 82 | 78 | 85 | 90 | 88 | 96 | 104 |
| Depreciation | 59 | 60 | 62 | 63 | 64 | 67 | 70 | 74 | 75 | 85 | 89 | 93 | 98 |
| Profit before tax | 142 | 140 | 195 | 95 | 188 | 178 | 239 | 184 | 237 | 178 | 294 | 251 | 353 |
| Tax % | 24% | 25% | 24% | 26% | 24% | 24% | 24% | 25% | 25% | 27% | 26% | 25% | 25% |
| Net Profit | 108 | 106 | 148 | 70 | 144 | 135 | 180 | 137 | 178 | 130 | 219 | 188 | 264 |
| EPS in Rs | 1.05 | 1.03 | 1.44 | 0.68 | 1.40 | 1.31 | 1.75 | 1.34 | 1.72 | 1.27 | 2.12 | 1.82 | 2.56 |
Last Updated: August 19, 2025, 12:44 pm
Below is a detailed analysis of the quarterly data for Kalyan Jewellers India Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 7,268.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,182.00 Cr. (Mar 2025) to 7,268.00 Cr., marking an increase of 1,086.00 Cr..
- For Expenses, as of Jun 2025, the value is 6,760.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,782.00 Cr. (Mar 2025) to 6,760.00 Cr., marking an increase of 978.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 508.00 Cr.. The value appears strong and on an upward trend. It has increased from 399.00 Cr. (Mar 2025) to 508.00 Cr., marking an increase of 109.00 Cr..
- For OPM %, as of Jun 2025, the value is 7.00%. The value appears strong and on an upward trend. It has increased from 6.00% (Mar 2025) to 7.00%, marking an increase of 1.00%.
- For Other Income, as of Jun 2025, the value is 46.00 Cr.. The value appears strong and on an upward trend. It has increased from 41.00 Cr. (Mar 2025) to 46.00 Cr., marking an increase of 5.00 Cr..
- For Interest, as of Jun 2025, the value is 104.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 96.00 Cr. (Mar 2025) to 104.00 Cr., marking an increase of 8.00 Cr..
- For Depreciation, as of Jun 2025, the value is 98.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 93.00 Cr. (Mar 2025) to 98.00 Cr., marking an increase of 5.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 353.00 Cr.. The value appears strong and on an upward trend. It has increased from 251.00 Cr. (Mar 2025) to 353.00 Cr., marking an increase of 102.00 Cr..
- For Tax %, as of Jun 2025, the value is 25.00%. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 25.00%.
- For Net Profit, as of Jun 2025, the value is 264.00 Cr.. The value appears strong and on an upward trend. It has increased from 188.00 Cr. (Mar 2025) to 264.00 Cr., marking an increase of 76.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 2.56. The value appears strong and on an upward trend. It has increased from 1.82 (Mar 2025) to 2.56, marking an increase of 0.74.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:00 am
| Metric | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,505 | 9,771 | 10,101 | 8,573 | 10,818 | 14,071 | 18,548 | 25,045 | 26,794 |
| Expenses | 9,732 | 9,151 | 9,302 | 7,949 | 9,965 | 12,906 | 17,180 | 23,461 | 25,129 |
| Operating Profit | 774 | 620 | 799 | 624 | 853 | 1,165 | 1,368 | 1,585 | 1,665 |
| OPM % | 7% | 6% | 8% | 7% | 8% | 8% | 7% | 6% | 6% |
| Other Income | 32 | 42 | 80 | 45 | 38 | 5 | 74 | 140 | 153 |
| Interest | 390 | 418 | 419 | 405 | 360 | 353 | 379 | 422 | 378 |
| Depreciation | 202 | 224 | 239 | 225 | 232 | 245 | 274 | 343 | 365 |
| Profit before tax | 214 | 21 | 221 | 39 | 299 | 572 | 789 | 960 | 1,075 |
| Tax % | 34% | 123% | 36% | 115% | 25% | 24% | 24% | 26% | |
| Net Profit | 141 | -5 | 142 | -6 | 224 | 432 | 596 | 714 | 801 |
| EPS in Rs | 1.70 | -0.04 | 1.70 | -0.06 | 2.18 | 4.20 | 5.80 | 6.93 | 7.77 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 12% | 21% | 22% |
YoY Net Profit Growth
| Year | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -103.55% | 2940.00% | -104.23% | 3833.33% | 92.86% | 37.96% | 19.80% |
| Change in YoY Net Profit Growth (%) | 0.00% | 3043.55% | -3044.23% | 3937.56% | -3740.48% | -54.89% | -18.16% |
Kalyan Jewellers India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2018-2019 to 2024-2025.
Growth
Last Updated: September 5, 2025, 3:55 pm
Balance Sheet
Last Updated: December 10, 2025, 4:35 am
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 839 | 839 | 839 | 1,030 | 1,030 | 1,030 | 1,030 | 1,031 | 1,033 |
| Reserves | 1,012 | 1,046 | 1,203 | 1,796 | 2,107 | 2,605 | 3,159 | 3,772 | 4,309 |
| Borrowings | 4,196 | 3,907 | 3,759 | 3,378 | 4,029 | 4,295 | 4,486 | 4,959 | 5,335 |
| Other Liabilities | 2,503 | 2,268 | 2,417 | 2,661 | 1,779 | 2,783 | 4,142 | 5,363 | 6,415 |
| Total Liabilities | 8,551 | 8,060 | 8,219 | 8,865 | 8,945 | 10,713 | 12,818 | 15,126 | 17,091 |
| Fixed Assets | 1,879 | 2,152 | 2,167 | 1,899 | 1,921 | 1,903 | 2,299 | 2,846 | 3,059 |
| CWIP | 18 | 22 | 24 | 53 | 2 | 20 | 49 | 8 | 12 |
| Investments | 1 | 3 | 0 | 0 | 1 | 4 | 4 | 5 | 5 |
| Other Assets | 6,654 | 5,884 | 6,027 | 6,913 | 7,021 | 8,785 | 10,465 | 12,267 | 14,014 |
| Total Assets | 8,551 | 8,060 | 8,219 | 8,865 | 8,945 | 10,713 | 12,818 | 15,126 | 17,091 |
Below is a detailed analysis of the balance sheet data for Kalyan Jewellers India Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 1,033.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,031.00 Cr. (Mar 2025) to 1,033.00 Cr., marking an increase of 2.00 Cr..
- For Reserves, as of Sep 2025, the value is 4,309.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,772.00 Cr. (Mar 2025) to 4,309.00 Cr., marking an increase of 537.00 Cr..
- For Borrowings, as of Sep 2025, the value is 5,335.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 4,959.00 Cr. (Mar 2025) to 5,335.00 Cr., marking an increase of 376.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 6,415.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,363.00 Cr. (Mar 2025) to 6,415.00 Cr., marking an increase of 1,052.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 17,091.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 15,126.00 Cr. (Mar 2025) to 17,091.00 Cr., marking an increase of 1,965.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 3,059.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,846.00 Cr. (Mar 2025) to 3,059.00 Cr., marking an increase of 213.00 Cr..
- For CWIP, as of Sep 2025, the value is 12.00 Cr.. The value appears strong and on an upward trend. It has increased from 8.00 Cr. (Mar 2025) to 12.00 Cr., marking an increase of 4.00 Cr..
- For Investments, as of Sep 2025, the value is 5.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 5.00 Cr..
- For Other Assets, as of Sep 2025, the value is 14,014.00 Cr.. The value appears strong and on an upward trend. It has increased from 12,267.00 Cr. (Mar 2025) to 14,014.00 Cr., marking an increase of 1,747.00 Cr..
- For Total Assets, as of Sep 2025, the value is 17,091.00 Cr.. The value appears strong and on an upward trend. It has increased from 15,126.00 Cr. (Mar 2025) to 17,091.00 Cr., marking an increase of 1,965.00 Cr..
However, the Borrowings (5,335.00 Cr.) are higher than the Reserves (4,309.00 Cr.), which may signal higher financial risk.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 770.00 | 617.00 | 796.00 | 621.00 | 849.00 | -3.00 | -3.00 | -3.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6 | 5 | 8 | 5 | 4 | 6 | 6 | 6 |
| Inventory Days | 208 | 200 | 205 | 272 | 232 | 216 | 191 | 162 |
| Days Payable | 31 | 19 | 24 | 35 | 26 | 37 | 45 | 39 |
| Cash Conversion Cycle | 184 | 187 | 189 | 241 | 210 | 185 | 153 | 129 |
| Working Capital Days | -11 | -12 | -5 | 10 | 30 | 30 | 27 | 23 |
| ROCE % | 7% | 11% | 7% | 10% | 13% | 14% | 15% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund | 60,000,000 | 8.16 | 3058.2 | 43,490,250 | 2025-10-16 00:58:34 | 37.96% |
| Motilal Oswal Flexi Cap Fund | 23,500,000 | 8.36 | 1197.8 | 22,500,000 | 2025-11-03 09:25:29 | 4.44% |
| Sundaram Mid Cap Fund | 5,565,334 | 2.14 | 283.67 | 5,430,735 | 2025-11-03 09:25:29 | 2.48% |
| Franklin India Small Cap Fund | 4,963,469 | 1.83 | 252.99 | N/A | N/A | N/A |
| Invesco India Contra Fund | 3,578,375 | 0.9 | 182.39 | 2,559,689 | 2025-10-16 00:58:34 | 39.8% |
| Franklin India Mid Cap Fund | 3,563,102 | 1.42 | 181.61 | N/A | N/A | N/A |
| Franklin India Flexi Cap Fund | 3,547,897 | 0.91 | 180.84 | 3,847,897 | 2025-10-16 00:58:34 | -7.8% |
| Motilal Oswal Balance Advantage Fund | 1,750,000 | 9.34 | 89.2 | N/A | N/A | N/A |
| Franklin India ELSS Tax Saver Fund | 1,436,020 | 1.08 | 73.19 | N/A | N/A | N/A |
| Tata Arbitrage Fund | 1,214,950 | 0.31 | 61.93 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 6.93 | 5.80 | 4.20 | 2.18 | -0.07 |
| Diluted EPS (Rs.) | 6.93 | 5.80 | 4.20 | 2.18 | -0.07 |
| Cash EPS (Rs.) | 10.25 | 8.45 | 6.57 | 4.42 | 2.12 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 46.57 | 40.66 | 35.28 | 30.46 | 27.44 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 46.57 | 40.66 | 35.28 | 30.46 | 27.44 |
| Revenue From Operations / Share (Rs.) | 242.82 | 180.07 | 136.61 | 105.02 | 83.23 |
| PBDIT / Share (Rs.) | 16.11 | 13.46 | 11.18 | 8.28 | 6.21 |
| PBIT / Share (Rs.) | 12.79 | 10.80 | 8.81 | 6.03 | 4.03 |
| PBT / Share (Rs.) | 9.30 | 7.66 | 5.55 | 2.90 | 0.38 |
| Net Profit / Share (Rs.) | 6.92 | 5.79 | 4.19 | 2.17 | -0.05 |
| NP After MI And SOA / Share (Rs.) | 6.93 | 5.80 | 4.20 | 2.18 | -0.06 |
| PBDIT Margin (%) | 6.63 | 7.47 | 8.18 | 7.88 | 7.46 |
| PBIT Margin (%) | 5.26 | 5.99 | 6.44 | 5.74 | 4.83 |
| PBT Margin (%) | 3.83 | 4.25 | 4.06 | 2.76 | 0.45 |
| Net Profit Margin (%) | 2.85 | 3.21 | 3.06 | 2.07 | -0.07 |
| NP After MI And SOA Margin (%) | 2.85 | 3.22 | 3.07 | 2.07 | -0.07 |
| Return on Networth / Equity (%) | 14.88 | 14.25 | 11.91 | 7.14 | -0.22 |
| Return on Capital Employeed (%) | 20.88 | 21.24 | 20.88 | 16.50 | 11.87 |
| Return On Assets (%) | 4.72 | 4.66 | 4.04 | 2.50 | -0.07 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 |
| Total Debt / Equity (X) | 0.68 | 0.79 | 0.96 | 1.07 | 1.14 |
| Asset Turnover Ratio (%) | 1.79 | 1.58 | 1.28 | 1.09 | 0.90 |
| Current Ratio (X) | 1.29 | 1.31 | 1.34 | 1.32 | 1.25 |
| Quick Ratio (X) | 0.19 | 0.21 | 0.23 | 0.20 | 0.26 |
| Inventory Turnover Ratio (X) | 2.79 | 2.23 | 1.88 | 1.62 | 1.45 |
| Dividend Payout Ratio (NP) (%) | 17.30 | 8.62 | 0.00 | 0.00 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 11.69 | 5.90 | 0.00 | 0.00 | 0.00 |
| Earning Retention Ratio (%) | 82.70 | 91.38 | 0.00 | 0.00 | 0.00 |
| Cash Earning Retention Ratio (%) | 88.31 | 94.10 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio (X) | 4.62 | 4.29 | 3.81 | 2.65 | 1.70 |
| Interest Coverage Ratio (Post Tax) (X) | 2.99 | 2.84 | 2.54 | 1.69 | 0.98 |
| Enterprise Value (Cr.) | 50445.73 | 46427.19 | 13378.05 | 8633.34 | 9136.99 |
| EV / Net Operating Revenue (X) | 2.01 | 2.50 | 0.95 | 0.79 | 1.07 |
| EV / EBITDA (X) | 30.36 | 33.49 | 11.61 | 10.12 | 14.28 |
| MarketCap / Net Operating Revenue (X) | 1.92 | 2.38 | 0.77 | 0.55 | 0.81 |
| Retention Ratios (%) | 82.69 | 91.37 | 0.00 | 0.00 | 0.00 |
| Price / BV (X) | 10.03 | 10.52 | 2.99 | 1.93 | 2.48 |
| Price / Net Operating Revenue (X) | 1.92 | 2.38 | 0.77 | 0.55 | 0.81 |
| EarningsYield | 0.01 | 0.01 | 0.03 | 0.03 | 0.00 |
After reviewing the key financial ratios for Kalyan Jewellers India Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 6.93. This value is within the healthy range. It has increased from 5.80 (Mar 24) to 6.93, marking an increase of 1.13.
- For Diluted EPS (Rs.), as of Mar 25, the value is 6.93. This value is within the healthy range. It has increased from 5.80 (Mar 24) to 6.93, marking an increase of 1.13.
- For Cash EPS (Rs.), as of Mar 25, the value is 10.25. This value is within the healthy range. It has increased from 8.45 (Mar 24) to 10.25, marking an increase of 1.80.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 46.57. It has increased from 40.66 (Mar 24) to 46.57, marking an increase of 5.91.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 46.57. It has increased from 40.66 (Mar 24) to 46.57, marking an increase of 5.91.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 242.82. It has increased from 180.07 (Mar 24) to 242.82, marking an increase of 62.75.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 16.11. This value is within the healthy range. It has increased from 13.46 (Mar 24) to 16.11, marking an increase of 2.65.
- For PBIT / Share (Rs.), as of Mar 25, the value is 12.79. This value is within the healthy range. It has increased from 10.80 (Mar 24) to 12.79, marking an increase of 1.99.
- For PBT / Share (Rs.), as of Mar 25, the value is 9.30. This value is within the healthy range. It has increased from 7.66 (Mar 24) to 9.30, marking an increase of 1.64.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 6.92. This value is within the healthy range. It has increased from 5.79 (Mar 24) to 6.92, marking an increase of 1.13.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 6.93. This value is within the healthy range. It has increased from 5.80 (Mar 24) to 6.93, marking an increase of 1.13.
- For PBDIT Margin (%), as of Mar 25, the value is 6.63. This value is below the healthy minimum of 10. It has decreased from 7.47 (Mar 24) to 6.63, marking a decrease of 0.84.
- For PBIT Margin (%), as of Mar 25, the value is 5.26. This value is below the healthy minimum of 10. It has decreased from 5.99 (Mar 24) to 5.26, marking a decrease of 0.73.
- For PBT Margin (%), as of Mar 25, the value is 3.83. This value is below the healthy minimum of 10. It has decreased from 4.25 (Mar 24) to 3.83, marking a decrease of 0.42.
- For Net Profit Margin (%), as of Mar 25, the value is 2.85. This value is below the healthy minimum of 5. It has decreased from 3.21 (Mar 24) to 2.85, marking a decrease of 0.36.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 2.85. This value is below the healthy minimum of 8. It has decreased from 3.22 (Mar 24) to 2.85, marking a decrease of 0.37.
- For Return on Networth / Equity (%), as of Mar 25, the value is 14.88. This value is below the healthy minimum of 15. It has increased from 14.25 (Mar 24) to 14.88, marking an increase of 0.63.
- For Return on Capital Employeed (%), as of Mar 25, the value is 20.88. This value is within the healthy range. It has decreased from 21.24 (Mar 24) to 20.88, marking a decrease of 0.36.
- For Return On Assets (%), as of Mar 25, the value is 4.72. This value is below the healthy minimum of 5. It has increased from 4.66 (Mar 24) to 4.72, marking an increase of 0.06.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.68. This value is within the healthy range. It has decreased from 0.79 (Mar 24) to 0.68, marking a decrease of 0.11.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.79. It has increased from 1.58 (Mar 24) to 1.79, marking an increase of 0.21.
- For Current Ratio (X), as of Mar 25, the value is 1.29. This value is below the healthy minimum of 1.5. It has decreased from 1.31 (Mar 24) to 1.29, marking a decrease of 0.02.
- For Quick Ratio (X), as of Mar 25, the value is 0.19. This value is below the healthy minimum of 1. It has decreased from 0.21 (Mar 24) to 0.19, marking a decrease of 0.02.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.79. This value is below the healthy minimum of 4. It has increased from 2.23 (Mar 24) to 2.79, marking an increase of 0.56.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 17.30. This value is below the healthy minimum of 20. It has increased from 8.62 (Mar 24) to 17.30, marking an increase of 8.68.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 11.69. This value is below the healthy minimum of 20. It has increased from 5.90 (Mar 24) to 11.69, marking an increase of 5.79.
- For Earning Retention Ratio (%), as of Mar 25, the value is 82.70. This value exceeds the healthy maximum of 70. It has decreased from 91.38 (Mar 24) to 82.70, marking a decrease of 8.68.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 88.31. This value exceeds the healthy maximum of 70. It has decreased from 94.10 (Mar 24) to 88.31, marking a decrease of 5.79.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 4.62. This value is within the healthy range. It has increased from 4.29 (Mar 24) to 4.62, marking an increase of 0.33.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 2.99. This value is below the healthy minimum of 3. It has increased from 2.84 (Mar 24) to 2.99, marking an increase of 0.15.
- For Enterprise Value (Cr.), as of Mar 25, the value is 50,445.73. It has increased from 46,427.19 (Mar 24) to 50,445.73, marking an increase of 4,018.54.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 2.01. This value is within the healthy range. It has decreased from 2.50 (Mar 24) to 2.01, marking a decrease of 0.49.
- For EV / EBITDA (X), as of Mar 25, the value is 30.36. This value exceeds the healthy maximum of 15. It has decreased from 33.49 (Mar 24) to 30.36, marking a decrease of 3.13.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 1.92. This value is within the healthy range. It has decreased from 2.38 (Mar 24) to 1.92, marking a decrease of 0.46.
- For Retention Ratios (%), as of Mar 25, the value is 82.69. This value exceeds the healthy maximum of 70. It has decreased from 91.37 (Mar 24) to 82.69, marking a decrease of 8.68.
- For Price / BV (X), as of Mar 25, the value is 10.03. This value exceeds the healthy maximum of 3. It has decreased from 10.52 (Mar 24) to 10.03, marking a decrease of 0.49.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 1.92. This value is within the healthy range. It has decreased from 2.38 (Mar 24) to 1.92, marking a decrease of 0.46.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Kalyan Jewellers India Ltd:
- Net Profit Margin: 2.85%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 20.88% (Industry Average ROCE: 14.28%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 14.88% (Industry Average ROE: 13.8%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 2.99
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.19
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 53.2 (Industry average Stock P/E: 34.73)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.68
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.85%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Gems, Jewellery & Precious Metals | TC-32/204/2, Thrissur-Trichur Kerala 680002 | compliance@kalyanjewellers.net https://www.kalyanjewellers.net |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Vinod Rai | Chairman(NonExe.&Ind.Director) |
| Mr. T S Kalyanaraman | Managing Director |
| Mr. T K Ramesh | Whole Time Director |
| Mr. T K Seetharam | Whole Time Director |
| Mr. Salil Nair | Non Executive Director |
| Mr. Anish Kumar Saraf | Non Executive Director |
| Mr. A D M Chavali | Independent Director |
| Mr. T S Anantharaman | Independent Director |
| Ms. Kishori Jayendra Udeshi | Independent Director |
| Mr. Anil Sadasivan Nair | Independent Director |
FAQ
What is the intrinsic value of Kalyan Jewellers India Ltd?
Kalyan Jewellers India Ltd's intrinsic value (as of 13 December 2025) is 353.15 which is 26.27% lower the current market price of 479.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 49,496 Cr. market cap, FY2025-2026 high/low of 795/399, reserves of ₹4,309 Cr, and liabilities of 17,091 Cr.
What is the Market Cap of Kalyan Jewellers India Ltd?
The Market Cap of Kalyan Jewellers India Ltd is 49,496 Cr..
What is the current Stock Price of Kalyan Jewellers India Ltd as on 13 December 2025?
The current stock price of Kalyan Jewellers India Ltd as on 13 December 2025 is 479.
What is the High / Low of Kalyan Jewellers India Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Kalyan Jewellers India Ltd stocks is 795/399.
What is the Stock P/E of Kalyan Jewellers India Ltd?
The Stock P/E of Kalyan Jewellers India Ltd is 53.2.
What is the Book Value of Kalyan Jewellers India Ltd?
The Book Value of Kalyan Jewellers India Ltd is 51.7.
What is the Dividend Yield of Kalyan Jewellers India Ltd?
The Dividend Yield of Kalyan Jewellers India Ltd is 0.31 %.
What is the ROCE of Kalyan Jewellers India Ltd?
The ROCE of Kalyan Jewellers India Ltd is 15.0 %.
What is the ROE of Kalyan Jewellers India Ltd?
The ROE of Kalyan Jewellers India Ltd is 16.0 %.
What is the Face Value of Kalyan Jewellers India Ltd?
The Face Value of Kalyan Jewellers India Ltd is 10.0.