K

Kalyan Jewellers India Limited

KALYANKJILNSE
Market snapshot · 2026-08-12 12:15 UTC

596.70

₹-5.50 (-0.91%)

MARKET CAP

₹61.62K Cr

STOCK P/E

43.1x

52W HIGH

₹648.95

52W LOW

₹327.05

BOOK VALUE

₹61.16

EPS

₹13.85

ROE

SECTOR

Consumer Discretionary

DEBT/EQUITY

96.97

VOLUME

92.46L

P/B RATIO

9.76x

PEG RATIO

1.36

Sector

Consumer Discretionary

Themes

Precious Metals, Jewellery & WatchesGold StocksDiamondGovernment of Singapore Portfolio
D
Dividend
E
Earnings
₹612.60₹545.64₹478.68₹411.71₹344.75VolumeDEEEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for KALYANKJIL.

10.00 analysts

Price Forecast

Current
₹596.70
High Target
₹830.00
▲ +39.1%
Median Target
₹727.50
▲ +21.9%
Low Target
₹600.00
▲ +0.6%
Now₹596.70High ₹830.00Median ₹727.50Low ₹600.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
10 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹450.06 - ₹815.9180%
6M₹404.07 - ₹937.2480%
12M₹350.09 - ₹1,15180%
Realized vol: +46.4% · Drift: +16.9%

Revenue Forecast

₹ Cr
Jun '26Current₹9,026.0
Sep 2026 ETrend estimate range
High₹11,085.7Base₹10,264.5Low₹9,443.3
Sep '25: ₹6,843.0 · Dec '25: ₹9,048.0 · Mar '26: ₹8,994.0 · Jun '26: ₹9,026.0 · Sep '26: ₹10,264.5 · Dec '26: ₹13,572.0
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E6,843.09,048.08,994.09,026.010,264.513,572.0
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹3.11
Sep 2026 ETrend estimate range
High₹4.27Base₹3.81Low₹3.35
Sep '25: ₹2.54 · Dec '25: ₹3.88 · Mar '26: ₹3.54 · Jun '26: ₹3.11 · Sep '26: ₹3.81 · Dec '26: ₹5.82
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E2.543.883.543.113.815.82
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
68%
Analyst Consensus
Positive

From 10 analysts

Mean upside+20.7%

Fundamentals

Strong

Fundamentals institutional score is 92 using growth durability 91.8.

Valuation

Premium valuation

Valuation institutional score is 27 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Positive

Analyst View institutional score is 78 using mean target upside 20.7%; dispersion penalty 12.8; recommendation breadth from available consensus.

Technical Structure

Strong Trend

Technicals institutional score is 81 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 4 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. fundamentals and analyst consensus provide support, while valuation and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals StrongValuation Premium valuationAnalyst Consensus PositiveTechnical Structure Strong TrendMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price720.5 target
Mean Upside+20.7%
Technical Score81%
Fundamental Score92%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 24.5% above historical median. Valuation is declining — currently in the overvalued zone (z-score: +1). Confidence: 74%.

Live forward EPS implies next-12-month EPS of ₹19.06. Applying the stock's normalized valuation corridor produces a fair range of ₹526.63 to ₹740.10, with base value near ₹659.67 (+10.6% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Inside normalized range

Forward EPS

₹19.06

Forward P/E

31.3x

Base Fair Value

₹659.67

Fair Range

₹526.63 - ₹740.10

Upside To Base

+10.6%

Estimate Source

Live forward EPS

Growth Estimate

+31.6%

P/E
Overvalued

5Y Average

23.66

Current

43.08

Overvalued

38.83

Undervalued

27.63

EV/EBITDA
Strongly Overvalued

5Y Average

15.59

Current

28.39

Overvalued

23.88

Undervalued

4.94

P/S
Strongly Overvalued

5Y Average

0.87

Current

1.58

Overvalued

1.00

Undervalued

0.74

Peers & Comparison

Sector: Consumer Discretionary · Theme: Precious Metals, Jewellery & Watches

Precious Metals, Jewellery & Watches Peers3 peers
Avg P/E: 106.6x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
SKY GOLD AND DIAMONDS LTD
SKYGOLDPrecious Metals, Jewellery & Watches
+80.6%4.4%
45.3x
Undervalued
-58% vs avg
+189.1%
THANGAMAYIL JEWELLERY LTD
THANGAMAYLPrecious Metals, Jewellery & Watches
+71.2%4.1%
43.1x
Undervalued
-60% vs avg
+164.4%
BLUESTONE JEWEL LFSTL LTD
BLUESTONEPrecious Metals, Jewellery & Watches
+49.6%2.1%
231.4x
Premium
+117% vs avg
+53.5%
WHY THESE PEERS

KALYAN JEWELLERS IND LTD trades at a discount (42.4x vs peer avg 106.6x), suggesting potential undervaluation relative to the Precious Metals, Jewellery & Watches cohort. Peers include SKY GOLD AND DIAMONDS LTD, THANGAMAYIL JEWELLERY LTD, BLUESTONE JEWEL LFSTL LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹9.03K CrJun 2026

Latest net profit

₹321 CrJun 2026

Latest EPS

₹3.11Jun 2026

Net margin

6.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%2.0%4.0%6.0%8.0%0.00 Cr2.50K Cr5.00K Cr7.50K Cr10.00K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr2.50K Cr5.00K Cr7.50K Cr10.00K Cr₹0₹1₹2₹3₹4
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr2.50K Cr5.00K Cr7.50K Cr10.00K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260.00 Cr4.50K Cr9.00K Cr13.50K Cr18.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +3,6413,7544,5123,8674,6875,2276,3865,3506,1426,8439,0488,9949,026
Expenses +3,3723,4874,1953,6134,3724,9646,0165,0075,7086,4118,3948,3908,525
Operating Profit269267316255315263370344434432654604500
OPM %7%7%7%7%7%5%6%6%7%6%7%7%6%
Other Income +14142334252841425257335272
Interest61636058606358697265698363
Depreciation48515355566161687072777777
Profit before tax174168226176224167292249344352541495432
Tax %26%25%26%26%26%28%25%26%26%25%26%26%26%
Net Profit +129126168131165120218185256262401366321
EPS in Rs1.251.221.631.281.601.172.111.802.492.543.883.543.11
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +62.81%62.77%62.75%62.86%62.86%
FIIs +16.83%14.12%14.11%14.55%10.82%
DIIs +13.34%14.56%15.23%14.13%15.83%
Public +7.03%8.54%7.90%8.46%10.49%
Others0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 08, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Newspaper Publication

Aug 05, 2026PDFCompany Reports Open

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

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 04, 2026PDFCompany Reports Open

Board Meeting Outcome for Board Meeting Outcome For Financial Results For The Quarter Ended On 30 June 2026

Aug 04, 2026PDFCompany Reports Open