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Kalyan Jewellers India Performance

Days Range

Low: ₹380.00
High: ₹387.80
Previous Close ₹383.85
Open ₹384.00
Volume 11,81,017
Day’s Range ₹380.00 - ₹387.80
52W Range ₹100.95 - ₹409.70
Market Cap ₹39,512 Cr

Fundamentals of Kalyan Jewellers India

ROCE (TTM) 15.33%
P/E Ratio (TTM) 74.63
P/B Ratio 10.26
Industry P/E 70.66
Debt to Equity 0.65
ROE 12.92%
EPS (TTM) 5.36
Dividend Yield 0.13%
Book Value 37
Face Value 10

Financials of Kalyan Jewellers India

Mar 2023Jun 2023Sep 2023Dec 2023
Net Sales3,381.84,375.744,414.545,223.08
Expenses3,188.294,116.874,167.824,922.99
Profit before tax94.7188.46178.14238.55
Operating Profit69.8143.55134.87180.37
Net Profit69.8143.55134.87180.37
EPS in Rs11.41.311.75

About Kalyan Jewellers India

History of Kalyan Jewellers India Limited

Kalyan Jewellers India Limited was established in 1993 in Thrissur, Kerala. They are one of the largest jewellery companies in India. They offer a comprehensive range of gold, diamond, pearl, and other jewellery products at different prices. Their product basket comprises various items suitable for special events like weddings as well as daily wear.

In 2003, the company has started providing hallmark jewellery. Kalyan Jewellers India Limited was the earliest adopter of offering Bureau of Indian Standards (BIS) hallmarking jewellers in India, even before the government mandated it. The company opened their second showroom in Coimbatore in 2004. In 2007, they introduced rate tags. They started offering a transparent pricing system, i.e., a detailed price tag will be provided on every product. Eventually, over the years, the company started entering various regions in India.

In 2014, Kalyan Jewellers India raised private equity from Warburg Pincus for the first time and in 2021, the company went public. It is listed on NSE and BSE.  As of FY 2023, the company has 10,170 employees and 182 showrooms in India and the Middle East. They further are planning to expand into other regions, including Singapore, USA, Sri Lanka, Malaysia, etc.

Along with 180+ offline stores, the company also offers an online shopping platform through their company, Candere. On this platform, customers can purchase different jewellery and get them customised as well.

Business Segments of Kalyan Jewellers India Limited

The primary business segments of Kalyan Jewellers India Limited are:

  • Gold Jewellery: Under this, the company offers various gold products, including rings, earrings, necklaces, bracelets, bangles, gold coins, and much more. They offer 10K, 14K, 22K, etc. variants of gold.
  • Studded Jewellery: Under this segment, the company offers accessories studded with precious stones like rubies, emeralds, diamonds, etc.
  • While Gold and Platinum: Along with gold ornaments, they also offer white gold and platinum jewellery.

As of March 31, 2023, there are several subsidiaries under Kalyan Jewellers India Limited, and a few of them are:

  • Enovate Lifestyles Private Limited: This wholly-owned subsidiary of Kalyan Jewellers India Limited designs jewellery and does business as Candere.
  • Kalyan Jewellers Inc, USA: This is a wholly-owned subsidiary of the company that was established to expand its business in the USA.
  • Kalyan Jewellers FZE, UAE: This is a wholly-owned subsidiary of the company that is responsible for its operations in the UAE.

Key Personalities of Kalyan Jewellers India Limited

T.S. Kalyanaraman, Chief Managing Director 

T.S. Kalyanaraman is the Chairman and the Chief Managing Director of Kalyan Jewellers India Limited. He has about 46 years of experience in the retail industry and 26 years of experience in the jewellery industry. He is the third-generation entrepreneur of the Kalyan family.

Corporate Actions of Kalyan Jewellers India Limited

There are no records of bonus shares or stock split from Kalyan Jewellers India Limited.

SWOT Analysis of Kalyan Jewellers India Limited

Strengths

  • One of the largest jewellery companies in India with a solid pan-India network of showrooms.
  • Offers a comprehensive range of products, making them a one-stop solution for jewellery purchases.

Weakness

  • The competition in this industry is high due to challenges from unorganised players.

Opportunities 

  • The organised jewellery retail market in India is projected to grow.
  • Can look for opportunities in the SURU(Ladakh)areas, where the organised jewellery market has less competition.

Threats

  • Gold prices are volatile, which impacts the demand amongst the customers.
Parent Organisation Indian Private
Founded 2009
Managing Director
NSE Symbol KALYANKJIL

Peer Comparison

Stocks Market Cap (cr) Market Price (₹) 52 Week Low-High (₹)
Titan Company Ltd ₹324,201.75

3691.6

39.55 (1.08%)

3655 - 3737
Radhika Jeweltech Ltd ₹835.68

69.35

1.40 (-1.98%)

68.55 - 71.95
Gitanjali Gems Ltd ₹12.57

1.05

0.00 (0.00)

0.95 - 1.05
Penta Gold Ltd ₹11.64

9.15

0.00 (0.00)

8.8 - 9.65
Manoj Vaibhav Gems N Jewellers Ltd ₹1,317.66

265.25

5.25 (-1.94%)

264 - 272.9

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FAQs

What is the Share price of Kalyan Jewellers India (KALYANKJIL)?

Kalyan Jewellers India (KALYANKJIL) share price as of February 23, 2024, on NSE is Rs 384.65 (NSE) and Rs 384.80 (BSE) on BSE.

Can I buy Kalyan Jewellers India (KALYANKJIL) shares?

Yes, You can buy Kalyan Jewellers India (KALYANKJIL) shares by opening a Demat account with Angel One.

How do I buy Kalyan Jewellers India (KALYANKJIL) from Angel One?

Kalyan Jewellers India (KALYANKJIL) share can be brought through the following modes:
  1. Direct investment: You can buy Kalyan Jewellers India (KALYANKJIL) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Kalyan Jewellers India (KALYANKJIL) shares.

Is Kalyan Jewellers a Debt free Company?

No, Kalyan Jewellers is not a debt free company.

What is the main business of Kalyan Jewellers?

The main business of Kalyan Jewellers is to design, manufacture, and sell a collection of gold, diamond, rose gold, pearl, gemstone, and platinum jewellery products under various brands, including Mudhra, Tejasvi, Nimah, Apoorva, Anokhi, Ziah, Rang, Laya, Vedha, and Glo.

Who are the promoters of Kalyan Jewellers?

Some of the main promoters of Kalyan Jewellers are Trikkur Sitarama Iyer Kalyanaraman, Seetharam T K, T K Ramesh, and Radhika Thrikur Kalyanaraman.

What are the Subsidiaries that comes under Kalyan Jewellers?

Some of the subsidiaries that come under Kalyan Jewellers are Enovate Lifestyles Private Limited, Kalyan Jewellers FZE, UAE, Kalyan Jewellers INC., USA, Kalyan Jewellers LLC, UAE, Kenouz Al Sharq Gold Ind. LLC, UAE, Kalyan Jewellers LLC, Oman, and Kalyan Jewellers LLC, Qatar.