Kalyan Jewellers India gains on reporting consolidated revenue growth of 31% in Q1FY26
The company’s India operations witnessed revenue growth of around 31% during Q1FY2026 as compared to Q1FY2025
Kalyan Jewellers India is currently trading at Rs. 588.25, up by 2.90 points or 0.50% from its previous closing of Rs. 585.35 on the BSE.
The scrip opened at Rs. 586.95 and has touched a high and low of Rs. 592.65 and Rs. 571.25 respectively. So far 113268 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 794.60 on 02-Jan-2025 and a 52 week low of Rs. 399.20 on 11-Mar-2025.
Last one week high and low of the scrip stood at Rs. 593.70 and Rs. 542.35 respectively. The current market cap of the company is Rs. 60778.62 crore.
The promoters holding in the company stood at 62.85%, while Institutions and Non-Institutions held 28.86% and 8.30% respectively.
Kalyan Jewellers India has reported consolidated revenue growth of around 31% in Q1FY2026 as compared to the same period in the previous financial year despite multiple pauses in demand during the quarter, majorly due to volatility in gold prices and geopolitical tensions.
The company’s India operations witnessed revenue growth of around 31% during Q1FY2026 as compared to Q1FY2025, driven primarily by robust Akshaya Tritiya and wedding demand. The quarter recorded healthy same-store-sales-growth of around 18%. Its international operations recorded revenue growth of around 31% when compared to the same period during the previous financial year. In the Middle East, the company witnessed revenue growth of around 26% for Q1FY2026 as compared to Q1FY2025 driven predominantly by same-store-sales-growth. International markets contributed around 15% to its consolidated revenue for the recently concluded quarter.
Its digital-first jewellery platform, Candere, recorded a revenue growth of around 67% during the recently concluded quarter as compared to the same period during the last year. During the recently concluded quarter, the company has launched 10 Kalyan showrooms in India, 1 Kalyan showroom in the US and 8 Candere showrooms in India.
Kalyan Jewellers India designs and manufactures gold, diamonds, stones, and other precious metal jewelry products. The company serves customers worldwide.
