
Gold stocks have delivered strong returns over the past 5 years, supported by rising gold prices and robust demand in the jewellery segment. Companies in this space have benefited from both domestic consumption and export opportunities.
The latest data highlights key performers based on 5-year CAGR, along with valuation and profitability metrics. These trends provide insights into growth patterns across listed gold-related companies.
| Name | Market Cap (₹ crore) | PE Ratio | ROE (%) | 5Y CAGR (%) |
| Thangamayil Jewellery | 9,818.19 | 82.71 | 14.88 | 67.39 |
| D P Abhushan | 2,186.23 | 19.4 | 35.06 | 54.29 |
| KDDL | 2,585.92 | 27.33 | 7.41 | 52.57 |
| Kalyan Jewellers India | 37,457.49 | 52.4 | 15.9 | 42.98 |
| Goldiam International | 3,183.72 | 27.2 | 16.95 | 35.27 |
Note: Data is as of April 6, 2026.
Thangamayil Jewellery leads the list with a 5-year CAGR of 67.39%, supported by strong regional expansion and consistent revenue growth. However, the stock trades at a PE ratio of 82.71, indicating premium valuations.
D P Abhushan follows with a CAGR of 54.29% and the highest ROE of 35.06%, reflecting efficient capital utilisation. Its relatively lower PE ratio of 19.4 suggests a more moderate valuation compared to peers.
KDDL has delivered a 5-year CAGR of 52.57%, supported by its diversified business model and branding presence. However, its ROE of 7.41% remains lower than peers, indicating relatively weaker profitability.
Kalyan Jewellers India, the largest company in the list, recorded a CAGR of 42.98% with an ROE of 15.9%. Its higher PE ratio of 52.4 reflects strong growth expectations priced into the stock.
Goldiam International has delivered a 5-year CAGR of 35.27%, representing a relatively balanced growth profile. The company benefits from an export-driven business model and maintains a strong ROE of 16.95%.
Its PE ratio of 27.2 appears moderate compared to high-growth peers. Stable margins and low debt levels contribute to its financial positioning within the segment.
| Name | 1Y Return (%) |
| Thangamayil Jewellery | 104.53 |
| Muthoot Finance | 45.93 |
| Titan Company | 40.5 |
| Sky Gold and Diamonds | 16 |
| Goldiam International | 4.53 |
Note: Data is as of April 6, 2026.
Read More: Best Water Stocks in India for April 2026.
Gold stocks in April 2026 show varied performance based on growth, valuation, and profitability metrics. Companies such as Thangamayil Jewellery and D P Abhushan have delivered strong returns over the 5-year period.
Larger players like Kalyan Jewellers reflect stable growth with higher valuations. Overall, the segment highlights diverse opportunities across growth and value profiles.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in the securities market are subject to market risks, read all the related documents carefully before investing.
Published on: Apr 6, 2026, 5:27 PM IST

Akshay Shivalkar
Akshay Shivalkar is a financial content specialist who strategises and creates SEO-optimised content on the stock market, mutual funds, and other investment products. With experience in fintech and mutual funds, he simplifies complex financial concepts to help investors make informed decisions through his writing.
Know MoreWe're Live on WhatsApp! Join our channel for market insights & updates
