# Kalyan Jewellers India (KALYANKJIL) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/kalyankjil

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹590.75
- Change: +5.49%
- As of: 2026-11-06
- 1D return: +5.49%
- 5D return: +18.62%
- 1M return: +6.73%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

KALYANKJIL (₹590.75) exhibits a strong daily uptrend, supported by price trading above all key moving averages and the Supertrend on daily, weekly, and monthly charts. The trend is established with an ADX of 25.54 on the daily timeframe. Recent activity shows extreme upward anomalies, including a +8.2% range move and +5.5% return on 2026-11-06, accompanied by high volume (ratio 5.5). Momentum indicators (+DI 36.25 vs -DI 18.87) confirm bullish pressure. However, the stock is positioned near the upper end of its recent ranges (+93.0% in the 20-day range), suggesting potential for consolidation or pullback. Immediate support lies at ₹589.33 (0.24% below), with stronger levels at ₹574.67 (-2.72%) and ₹567.33 (-3.96%). Resistance is noted at ₹619.10 (+4.80%). The stock carries significant volatility (annualized 48.5%) and has experienced a maximum drawdown of -58.0%. A break below the 20-day EMA or Supertrend would signal a weakening of this bullish structure.

- Trend: Bullish across daily, weekly, and monthly horizons; price above all MAs and Supertrend.
- Momentum: Strong daily momentum (+DI 36.25) with extreme volume-price anomaly on 2026-11-06.
- Positioning: Near 20-day range high (+93.0%); immediate support at ₹589.33, resistance at ₹619.10.
- Risk: High volatility (48.5% annualized); setup invalidates if price closes below Supertrend.

- Bullish Engulfing Reversal
- Harami
- Evening Star
- Outside Bar

### News Context

In the seven-day window leading to November 6, 2026, Kalyan Jewellers advanced its festive season distribution strategy by partnering with Swiggy Instamart to sell gold coins, including small denominations, ahead of Dhanteras. This operational move targets expanded reach beyond metro areas during a key consumption period. Concurrently, the stock is featured in analyst commentary highlighting potential demand support from lower gold prices and festive expectations. Axis Direct maintains a long-term bullish outlook on gold, targeting ₹1,65,000–₹1,80,000 per 10 grams by next Dhanteras, while WealthMills Securities notes that corrected precious metal prices may boost consumer affordability. Broader market movements saw Indian jewellery stocks rally following US midterm election results, which triggered a rebound in gold and silver prices; MCX gold rose nearly 2% to ₹1,46,109 per 10 grams. Analysts suggest such price rebounds can benefit profitability on buffer stocks, though they caution that expectations of Federal Reserve rate hikes and currency fluctuations could limit further upside for precious metals.

- {'date': '2026-11-03', 'development': 'Kalyan Jewellers partnered with Swiggy Instamart to sell gold coins (including small denominations) through its seller network ahead of Dhanteras.'}
- {'analyst_view': 'Axis Direct maintains a long-term bullish outlook on gold, targeting ₹1,65,000–₹1,80,000 levels by next Dhanteras; WealthMills Securities cites corrected precious metal prices as a driver for consumer affordability.', 'date': '2026-11-05'}
- {'date': '2026-11-05', 'market_context': 'MCX gold rose nearly 2% to ₹1,46,109 per 10 grams following a rebound in precious metal prices; analysts note this may boost profitability on buffer stocks but warn that Fed rate hike expectations could limit further upside.'}

- [Dhanteras 2026: Titan, Kalyan Jewellers, TBZ among jewellery stocks to watch](https://www.businesstoday.in/markets/stocks/story/dhanteras-2026-titan-kalyan-jewellers-tbz-among-jewellery-stocks-to-watch-566002-2026-11-05)
- [US Midterm Election Results Impact: Senco Gold, PC Jeweller, Titan- Jewellery stocks gain as gold, silver prices rebound](https://www.livemint.com/market/stock-market-news/us-midterm-election-results-impact-senco-gold-pc-jeweller-titan-jewellery-stocks-gain-as-gold-silver-prices-rebound-11793853578027.html)
- [US Midterm Elections: Kalyan Jewellers, PC, Lalithaa to Senco; top jewellery stock to buy as gold, silver rates rebound](https://www.livemint.com/market/stock-market-news/us-midterm-elections-kalyan-jewellers-pc-lalithaa-to-senco-top-jewellery-stock-to-buy-as-gold-silver-rates-rebound-11793764057589.html)
- [From gold coins to EVs, festive shopping goes beyond metros this Dhanteras](https://www.thehindubusinessline.com/companies/from-gold-coins-to-evs-festive-shopping-goes-beyond-metros-this-dhanteras/article71661665.ece)
- [IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)

### What Changed

As of November 6, 2026, Kalyan Jewellers India (NSE: KALYANKJIL) has seen its share price rise to ₹590.75, up from a previous reference level of ₹560.00. This price movement coincides with analyst commentary ahead of Dhanteras 2026, where the stock is highlighted alongside peers Titan Company and TBZ as a key jewellery equity to watch. Market observers cite potential demand support driven by lower gold prices and festive season expectations. Axis Direct maintains a long-term bullish outlook on gold, targeting levels between ₹1,65,000 and ₹1,80,000 by next Dhanteras, while SMC Global Securities views current price consolidation as a base for future gains. WealthMills Securities notes that corrected precious metal prices may boost consumer affordability and jewellery demand, pointing to strong recent growth figures for both Titan and Kalyan Jewellers.

- Share Price Movement: The stock price increased to ₹590.75 on November 6, 2026, compared to a previous reference price of ₹560.00.
- Analyst Sentiment: Analysts highlight Kalyan Jewellers as a key stock to watch for Dhanteras 2026, citing potential demand support from lower gold prices and festive season expectations.
- Gold Outlook: Axis Direct maintains a long-term bullish outlook on gold, targeting ₹1,65,000–₹1,80,000 levels by next Dhanteras.
- Demand Drivers: WealthMills Securities suggests corrected precious metal prices may boost consumer affordability, noting strong recent growth figures for Kalyan Jewellers.

- [Dhanteras 2026: Titan, Kalyan Jewellers, TBZ among jewellery stocks to watch](https://www.businesstoday.in/markets/stocks/story/dhanteras-2026-titan-kalyan-jewellers-tbz-among-jewellery-stocks-to-watch-566002-2026-11-05)

### Official Filings

Kalyan Jewellers India Limited has initiated the disclosure timeline for its Q2 FY27 results, with key governance and ownership updates providing context ahead of the financial release. The Board is scheduled to meet on November 10, 2026, to approve unaudited financial results for the half-year ended September 30, 2026. A virtual earnings conference call will follow on November 11, 2026, at 08:30 AM IST, allowing investors to discuss operational performance directly with Key Managerial Personnel.

Regarding capital structure, the shareholding pattern as of September 30, 2026, shows promoters and the promoter group holding a dominant 62.85% stake (649,133,304 shares), while public shareholders hold 37.15%. Notably, 15.62% of total shares (161,326,883) remain pledged. Trading windows for designated persons are closed until 48 hours after the board meeting concludes, indicating standard compliance protocols during sensitive periods. These filings establish the schedule for result dissemination and highlight current ownership concentration and pledge levels.

- Board Meeting Date: November 10, 2026, to approve unaudited financial results for Q2 and H1 FY27 (ended September 30, 2026).
- Investor Call: Virtual conference call scheduled for November 11, 2026, at 08:30 AM IST to discuss Q2 FY27 performance.
- Shareholding Pattern (as of Sep 30, 2026): Promoters hold 62.85%; Public holds 37.15%. Total outstanding shares: 1,032,750,972.
- Pledged Shares: 161,326,883 shares (15.62% of total equity) are reported as pledged.
- Trading Window Closure: Closed since October 1, 2026, reopening 48 hours post-board meeting.

- [KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20261026_161046305.xml)
- [Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/KALYANKJIL_26102026161259_Signed_Q2_Revised_Earnings_Call.pdf)
- [KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20261023_162123197.xml)
- [Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/KALYANKJIL_23102026162429_Q2_Earnings_Call.pdf)
- [KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_18647_WebXMLFile_20261022_114130386.xml)
- [Financial Results |Meeting Date: 10-Nov-2026](https://nsearchives.nseindia.com/corporate/KALYANKJIL_22102026114239_Intimation_of_Board_Meeting_dated_10th_November_2026.pdf)
- [Board Meeting Intimation |Meeting Date: 10-Nov-2026](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_18647_WebXMLFile_20261022_114130386.xml)
- [AS ON DATE : 30-Sep-2026 | PR_AND_PRGRP: 62.85 | PUBLIC_VAL: 37.15 | EMPTR: 0 | NDS_REVISED_STATUS: - | SUBMISSION_DT: 13-Oct-2026 | REVISION_DT: -](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1736765_13102026015914_WEB.xml)
- [Kalyan Jewellers India Limited has informed the Exchange about General Updates |SUBJECT: General Updates](https://nsearchives.nseindia.com/corporate/KALYANKJIL_07102026073927_Q2_Update.pdf)
- [Kalyan Jewellers India Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 |SUBJECT: Certificate under SEBI (Depositories and Participants) Regulations, 2018](https://nsearchives.nseindia.com/corporate/KALYANKJIL_07102026152654_Reg_74_5__Q2.pdf)

### Fundamentals

Kalyan Jewellers India demonstrates a robust long-term growth trajectory, with sales compounding at 36% over three years and profit growth reaching 83% on a trailing twelve-month (TTM) basis. The balance sheet reflects active expansion, with fixed assets rising to ₹3,312 crore by March 2026 and borrowings increasing to ₹6,117 crore, supporting the asset base while equity capital remains stable around ₹1,033 crore. Earnings quality has strengthened significantly, evidenced by Return on Capital Employed (ROCE) improving to 21% in March 2026 and Return on Equity (ROE) hitting 25% last year.

However, recent quarterly trends reveal a divergence between top-line momentum and bottom-line profitability. While revenue from operations increased sequentially from ₹10,274.94 crore in Q4 FY2025-26 to ₹10,588.93 crore in Q1 FY2026-27, operating efficiency appears to have compressed. Profit before tax fell sharply from ₹538.82 crore to ₹464.82 crore in the same period, despite finance costs decreasing slightly from ₹129.98 crore to ₹108.40 crore. This suggests that other expenses or cost-of-sales pressures may have outpaced revenue growth in the latest quarter. Cash flow generation remains solid, with CFO/EBITDA at 68% in March 2026, indicating that while cash conversion has eased from previous highs, it still supports the company’s investment cycle.

- Strong Long-Term Growth: Sales CAGR is 36% (3-year) and 33% (5-year), with TTM profit growth of 83% and EPS rising to ₹13.90 (TTM).
- Recent Margin Compression: In Q1 FY2026-27, revenue grew sequentially to ₹10,588.93 crore, but Profit Before Tax declined to ₹464.82 crore from ₹538.82 crore in Q4 FY2025-26.
- Asset Expansion & Leverage: Fixed assets grew to ₹3,312 crore (Mar 2026) and borrowings rose to ₹6,117 crore, while ROCE improved to 21% and ROE reached 25% last year.
- Cash Flow Health: CFO/EBITDA stood at 68% in Mar 2026, down from 116% in Mar 2024, yet absolute Cash from Operations remained healthy at ₹1,318 crore.

### FAQs

**When will Kalyan Jewellers report its Q2 FY27 results?**

The Board of Directors is scheduled to meet on 10 November 2026 to approve the Unaudited Financial Results for the half-year ended September 2026. A virtual earnings conference call with investors and analysts is set for 11 November 2026 at 08:30 AM IST to discuss these financial and operational performance metrics.

**How has the stock performed recently, and what are the key price levels?**

As of 6 November 2026, the stock closed at ₹590.75, up +5.5% in one day and +22.0% year-to-date. The market capitalization stands at approximately ₹57,834 crore. Technical analysis indicates a bullish trend with immediate support near ₹589.33 and resistance levels at ₹619.10 and ₹632.98. The stock has experienced a maximum drawdown of -58.0% historically but shows strong recent momentum with a +42.1% return over six months.

**What external factors are influencing investor sentiment for jewellery stocks like Kalyan Jewellers?**

Analysts highlight potential demand support from lower gold prices ahead of Dhanteras 2026, noting that corrected precious metal prices may boost consumer affordability. Axis Direct maintains a long-term bullish outlook on gold, targeting ₹1,65,000 to ₹1,80,000 by next Dhanteras. Additionally, Swiggy Instamart has partnered with Kalyan Jewellers to sell gold coins through its seller network ahead of the festival season.

- [Dhanteras 2026: Titan, Kalyan Jewellers, TBZ among jewellery stocks to watch](https://www.businesstoday.in/markets/stocks/story/dhanteras-2026-titan-kalyan-jewellers-tbz-among-jewellery-stocks-to-watch-566002-2026-11-05)
- [US Midterm Election Results Impact: Senco Gold, PC Jeweller, Titan- Jewellery stocks gain as gold, silver prices rebound](https://www.livemint.com/market/stock-market-news/us-midterm-election-results-impact-senco-gold-pc-jeweller-titan-jewellery-stocks-gain-as-gold-silver-prices-rebound-11793853578027.html)
- [US Midterm Elections: Kalyan Jewellers, PC, Lalithaa to Senco; top jewellery stock to buy as gold, silver rates rebound](https://www.livemint.com/market/stock-market-news/us-midterm-elections-kalyan-jewellers-pc-lalithaa-to-senco-top-jewellery-stock-to-buy-as-gold-silver-rates-rebound-11793764057589.html)
- [From gold coins to EVs, festive shopping goes beyond metros this Dhanteras](https://www.thehindubusinessline.com/companies/from-gold-coins-to-evs-festive-shopping-goes-beyond-metros-this-dhanteras/article71661665.ece)
- [IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)
- [KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20261026_161046305.xml)
- [Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/KALYANKJIL_26102026161259_Signed_Q2_Revised_Earnings_Call.pdf)
- [KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20261023_162123197.xml)
- [Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/KALYANKJIL_23102026162429_Q2_Earnings_Call.pdf)
- [KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Board Meeting to be held on 10-Nov-2026 to inter-alia consider and approve the Unaudited Financial results of the Company for the Half Yearly ended September 2026 . |SUBJECT: Board Meeting Intimation](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_18647_WebXMLFile_20261022_114130386.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹552.67
- Risk regime: Price Risk Requires Attention

### Support levels
- 507.75
- 488.775
- 467.15

### Resistance levels
- 619.0999999999999
- 632.975
- 648.95

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +5.49% |
| return_10 | +15.38% |
| return_1m | +7.77% |
| return_1y | +15.19% |
| return_20 | +6.73% |
| return_3m | -1.21% |
| return_5 | +18.62% |
| return_6m | +42.13% |
| return_since_start | -23.86% |
| return_ytd | +22.01% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -58.01% |
| annualized_volatility | +48.50% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue grows 46% year-on-year, but profit margins contract

Kalyan Jewellers India Ltd. reported revenue of ₹10,588.93 crore for Q1 FY2026-27, a 45.7% increase from the same quarter last year. Profit before tax rose 31.7% year-on-year to ₹464.82 crore, but declined 13.7% from the previous quarter. The profit margin narrowed both sequentially and year-on-year, as direct costs grew faster than revenue. Comprehensive income fell sharply from the prior quarter due to a swing in other comprehensive income.

## Revenue Growth

Revenue from operations was ₹10,588.93 crore, up 45.7% from ₹7,268.48 crore in Q1 FY2025-26 and up 3.1% from ₹10,274.94 crore in Q4 FY2025-26. This continues an upward trend over the past four quarters.

## Profitability and Margins

Profit before tax (PBT) was ₹464.82 crore, an increase of 31.7% from ₹352.97 crore a year ago, but a decrease of 13.7% from ₹538.82 crore in the preceding quarter. Net profit from continuing operations followed a similar pattern: ₹348.67 crore, up 32.0% year-on-year but down 14.9% sequentially.

The PBT margin (PBT as a percentage of revenue) was 4.4% in Q1, compared with 5.2% in Q4 and 4.9% in Q1 last year. This represents a contraction both sequentially and year-on-year.

## Expense Breakdown

Direct costs—comprising cost of materials consumed (₹9,100.13 crore), purchases of stock-in-trade (₹92.96 crore), and changes in inventories (₹132.00 crore)—totaled ₹9,325.09 crore, or 88.1% of revenue.

Other expenses were ₹315.89 crore, down slightly from ₹320.48 crore in Q4 and up from ₹290.56 crore a year ago. As a percentage of revenue, other expenses fell to 3.0% from 3.1% in Q4 and 4.0% in Q1 last year. Finance costs were ₹108.40 crore, down 16.6% from ₹129.98 crore in Q4 and up 4.6% year-on-year; as a share of revenue, finance costs declined to 1.0% from 1.3% in Q4 and 1.4% a year ago. Employee benefit expense was ₹315.42 crore (3.0% of revenue) and depreciation was ₹115.04 crore (1.1% of revenue). These operating expense ratios were stable or lower, suggesting that the margin compression was primarily driven by higher direct costs relative to revenue.

## Comprehensive Income and Earnings Per Share

Comprehensive income for the period was ₹288.80 crore, down 51.4% from ₹593.89 crore in Q4, while net profit fell only 14.9%. This divergence reflects a swing in other comprehensive income—from a gain of ₹184.39 crore in Q4 to a loss of ₹59.87 crore in Q1.

Basic earnings per share was ₹3.38, down from ₹3.97 in Q4 but up from ₹2.56 a year ago.

## Key Takeaway

The quarter delivered substantial year-on-year revenue growth, but profitability margins narrowed both sequentially and year-on-year. The decline in margin was primarily driven by higher direct costs as a share of revenue, while other operating expenses remained relatively controlled. Comprehensive income was volatile due to a swing in other comprehensive income.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +62.85%
- FII holding: +13.83%
- DII holding: +14.41%
- Mutual fund holding: +13.60%
- Retail holding: +6.71%
- Promoter pledged: +0.00%

### Major reported shareholders

- Kalyanaraman T S — +22.37%
- Seetharam T K — +18.02%
- T K Ramesh — +18.02%
- Motilal Oswal Midcap Fund — +8.49%
- Kjg Consulting Private Limited — +2.35% (Bodies Corporate)
- Bofa Securities Europe Sa - Odi — +1.68%
- Franklin India Mid Cap Fund — +1.45%
- Sundaram Mutual Fund A/C Sundaram Mid Cap Fund — +1.26%
- Karthik  Ramani — +1.20%
- New World Fund Inc — +1.03%

## Official filings

- 2026-10-26 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20261026_161046305.xml)
- 2026-10-26 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_26102026161259_Signed_Q2_Revised_Earnings_Call.pdf)
- 2026-10-23 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20261023_162123197.xml)
- 2026-10-23 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_23102026162429_Q2_Earnings_Call.pdf)
- 2026-10-22 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_18647_WebXMLFile_20261022_114130386.xml)
- 2026-10-22 — Board Meeting Notice: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_22102026114239_Intimation_of_Board_Meeting_dated_10th_November_2026.pdf)
- 2026-10-22 — Board Meeting Notice: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_18647_WebXMLFile_20261022_114130386.xml)
- 2026-10-13 — Shareholding Disclosure: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1736765_13102026015914_WEB.xml)
- 2026-10-07 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_07102026073927_Q2_Update.pdf)
- 2026-10-07 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_07102026152654_Reg_74_5__Q2.pdf)
- 2026-09-30 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_18647_WebXMLFile_20260930_151824336.xml)
- 2026-09-30 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_30092026152354_Intimation_Reg_30.pdf)
- 2026-09-23 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_23092026163855_Investor_Meet_Reg_30.pdf)
- 2026-09-22 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_22092026143203_Intimation_Trading_Window.pdf)
- 2026-09-22 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CLOSURE_TRADING_WINDOW_18647_WebXMLFile_20260922_143055703.xml)
- 2026-09-22 — Credit Rating Update: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_22092026181022_CREDIT_RATING.pdf)
- 2026-09-19 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_19092026135243_AGM_Proceedings.pdf)
- 2026-09-19 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_19092026141305_Regulation_30_Candere_Right_Issue.pdf)
- 2026-09-19 — Regulatory Filing: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/RESULT_VOTING_1725792_19092026084849_WEB.xml)
- 2026-09-19 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_19092026205219_Voting_Results_signed.pdf)
- 2026-09-08 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_08092026112536_Investor_Meet_Reg_30.pdf)
- 2026-09-08 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20260908_112156724.xml)
- 2026-09-07 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20260907_204849421.xml)
- 2026-09-07 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_07092026204628_Investor_Meet.pdf)
- 2026-08-21 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_21082026111934_Intimation.pdf)

## News and market events

- 2026-11-07 — The Hindu: **Movers & Shakers: Stocks that will see action this week** — Technical analysis from The Hindu Business Line identifies Action Construction Equipment, Havells India, and Kalyan Jewellers India as stocks exhibiting bullish patterns with potential for near-term gains. Each stock has shown significant recent price increases and formed specific chart formations, such as a morning star or double-bottom, suggesting positive trend reversals contingent on holding key support levels. — [Source](https://www.thehindubusinessline.com/portfolio/technical-analysis/movers-shakers-stocks-that-will-see-action-this-week/article71678139.ece)
- 2026-11-06 — Times of India: **Decline in gold price pushes jewellery sales on Dhanteras** — A decline in gold prices stimulated jewellery sales on Dhanteras, with retailers like Senco Gold & Diamonds and Kalyan Jewellers reporting significant increases in footfall and value-driven purchases of lightweight items. The festive demand extended to the automotive sector, where major manufacturers including Maruti Suzuki, Hyundai, and Tata Motors recorded strong delivery numbers, although Maruti's single-day estimates were lower than the previous year due to the festival spanning two days. — [Source](https://timesofindia.indiatimes.com/business/india-business/decline-in-gold-price-pushes-jewellery-sales-on-dhanteras/articleshow/135620770.cms)
- 2026-11-06 — REDIFF.COM: **Jewellers Report Brisk Dhanteras Sales as Gold Price Drop Lures Buyers** — Indian jewellers reported a 15-20% rise in gold sales by value to approximately Rs 60,000 crore on Dhanteras, driven by a recent price correction that attracted buyers despite volumes remaining flat year-on-year due to persistently high prices. Consumers shifted towards lightweight 18-carat jewellery and smaller coins, while silver sales saw significant growth in both value and volume, supported by strong footfall and wedding demand particularly in western and northern markets. — [Source](https://www.rediff.com/business/report/dhanteras-2024-gold-sales-soar-as-price-correction-attracts-buyers/20261107.htm)
- 2026-11-06 — Economic Times: **Jewellers report brisk Dhanteras sales as gold price drop lures buyers; volumes seen flat** — Jewellers reported brisk Dhanteras sales with gold business value rising 15-20 per cent to approximately Rs 60,000 crore as recent price drops lured buyers. However, physical volumes are expected to remain flat year-on-year because current prices, while lower from January peaks, remain well above last year's levels. Retailers noted improved sentiment and strong footfall, particularly in western and northern markets, driven by consumers opting for lightweight jewellery and smaller coins amid the festive season. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/jewellers-report-brisk-dhanteras-sales-as-gold-price-drop-lures-buyers-volumes-seen-flat/articleshow/135612350.cms)
- 2026-11-06 — CNBC-TV18: **Sensex, Nifty rally for 7th straight day: 3 reasons behind D-Street's winning streak** — The Sensex and Nifty extended their winning streak to seven consecutive sessions, with the Nifty 50 closing at a nine-month high above 25,000. The rally was primarily driven by heavy buying in banking heavyweight stocks and strong quarterly earnings from Mahindra & Mahindra. Conversely, select midcap stocks underperformed due to disappointing growth or cautious outlooks, causing the Nifty Midcap Index to slip despite the broader market gains. — [Source](https://www.cnbctv18.com/market/sensex-nifty-rally-for-7th-straight-day-3-reasons-behind-d-streets-winning-streak-20028940.htm)
- 2026-11-05 — BUSINESSTODAY: **Dhanteras 2026: Titan, Kalyan Jewellers, TBZ among jewellery stocks to watch** — With Dhanteras approaching, analysts highlight Titan Company, Kalyan Jewellers, and TBZ as key jewellery stocks to watch, citing potential demand support from lower gold prices and festive season expectations. Axis Direct maintains a long-term bullish outlook on gold, targeting 1,65,000 to 1,80,000 levels by next Dhanteras, while SMC Global Securities views current price consolidation as a base for future gains. WealthMills Securities notes that corrected precious metal prices may boost consumer affordability and jewellery demand, pointing to strong recent growth figures for Titan and Kalyan J — [Source](https://www.businesstoday.in/markets/stocks/story/dhanteras-2026-titan-kalyan-jewellers-tbz-among-jewellery-stocks-to-watch-566002-2026-11-05)
- 2026-11-05 — Mint: **US Midterm Election Results Impact: Senco Gold, PC Jeweller, Titan- Jewellery stocks gain as gold, silver prices rebound** — Indian jewellery stocks, including Senco Gold and Titan, rallied alongside broader market gains as gold and silver prices rebounded on the back of a weaker US dollar and lower Treasury yields following Democratic victories in the US midterm elections. While MCX gold rose nearly 2% to ₹1,46,109 per 10 grams and crude oil prices fell below $100, analysts cautioned that expectations of Federal Reserve rate hikes and currency fluctuations could limit further upside for precious metals. — [Source](https://www.livemint.com/market/stock-market-news/us-midterm-election-results-impact-senco-gold-pc-jeweller-titan-jewellery-stocks-gain-as-gold-silver-prices-rebound-11793853578027.html)
- 2026-11-04 — Mint: **US Midterm Elections: Kalyan Jewellers, PC, Lalithaa to Senco; top jewellery stock to buy as gold, silver rates rebound** — Following a setback for the Republican Party in the US Midterm Elections, gold and silver prices in India have rebounded, prompting experts to suggest that jewellery companies may benefit from increased profitability on buffer stocks. Analysts highlight PC Jeweller as a high-risk, high-reward candidate due to its return to profitability and debt-free status, while identifying Kalyan Jewellers and Senco Gold as strong choices for their robust financials and growth metrics. — [Source](https://www.livemint.com/market/stock-market-news/us-midterm-elections-kalyan-jewellers-pc-lalithaa-to-senco-top-jewellery-stock-to-buy-as-gold-silver-rates-rebound-11793764057589.html)
- 2026-11-03 — The Hindu: **From gold coins to EVs, festive shopping goes beyond metros this Dhanteras** — Swiggy Instamart has entered a partnership with Kalyan Jewellers to sell gold coins, including small denominations, through its seller network ahead of the Dhanteras festival. — [Source](https://www.thehindubusinessline.com/companies/from-gold-coins-to-evs-festive-shopping-goes-beyond-metros-this-dhanteras/article71661665.ece)
- 2026-11-02 — Economic Times: **IREDA Share Price Today, IREDA Stock Price Live NSE/BSE Updates | The Economic Times** — IREDA reported a net profit of Rs 554 crore for the September quarter, as highlighted in recent news coverage. The entity is also noted for upcoming dividend payments and changes in its directorate. — [Source](https://economictimes.indiatimes.com/indian-renewable-energy-development-agency-ltd/stocks/companyid-4517.cms)
- 2026-10-31 — Economic Times: **Gold rates dropped silver rate today (October 31, 2026): Check 24k, 22k, 20k 18k jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times** — Gold jewellery prices decreased significantly below Rs 13,000 per gram at Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers on October 31, 2026, while remaining unchanged at Tanishq. — [Source](https://economictimes.indiatimes.com/wealth/invest/gold-rates-dropped-silver-rate-today-october-31-2026-check-24k-22k-20k-18k-jewellery-prices-from-ibja-malabar-gold-diamonds-joyalukkas-kalyan-jewellers-and-tanishq/articleshow/135389433.cms)
- 2026-10-19 — Economic Times: **Jewellery retailers expect 22-28% growth in Q2 despite festive calendar shift** — Leading jewellery retailers in India, such as Kalyan Jewellers and Titan, experienced substantial revenue growth in the latest quarter. Kalyan Jewellers reported revenue growth of approximately 27 percent in India, driven by increased same-store sales. P N Gadgil Jewellers also reported a healthy performance, achieving 22.4 percent year-on-year revenue growth. PC Jeweller concluded the quarter with around 28 percent growth, reflecting sustained consumer demand. — [Source](https://cfo.economictimes.indiatimes.com/news/strategy-operations/jewellery-retailers-expect-22-28-growth-in-q2-despite-festive-calendar-shift/135037560)
- 2026-10-18 — Economic Times: **Jewellery retailers expect 22-28% growth in Q2 despite festive calendar shift** — Leading jewellery retailers in India, such as Kalyan Jewellers and Titan, experienced substantial revenue growth in the latest quarter. Kalyan Jewellers reported revenue growth of approximately 27 percent in India, driven by increased same-store sales. P N Gadgil Jewellers also reported a healthy performance, achieving 22.4 percent year-on-year revenue growth. PC Jeweller concluded the quarter with around 28 percent growth, reflecting sustained consumer demand. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/jewellery-retailers-expect-22-28-growth-in-q2-despite-festive-calendar-shift/articleshow/135026778.cms)
- 2026-10-14 — Economic Times: **India’s hidden gold chest is giving imported bullion a run for its money** — Soaring gold prices are prompting Indians to exchange old jewellery for new designs this festive season rather than cut back on purchases. Old-gold exchanges now account for over 50% of transactions at Tanishq, more than 55% of sales at Kalyan Jewellers and 73% at Joyalukkas in August. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/indias-hidden-gold-chest-is-giving-imported-bullion-a-run-for-its-money/articleshow/134931849.cms)
- 2026-10-07 — BUSINESSTODAY: **Kalyan Jewellers share price in focus as Q2 revenue jumps 26%; store additions, SSSG** — Kalyan Jewellers share price today, Kalyan Jewellers share price, Kalyan Jewellers shares, Kalyan share price, Kalyan Jewellers India share price today, Kalyan Jewellers Q2 update, Kalyan Jewellers news — [Source](https://www.businesstoday.in/markets/stocks/story/kalyan-jewellers-share-price-in-focus-as-q2-revenue-jumps-26-store-additions-sssg-560007-2026-10-07)
- 2026-10-05 — Mint: **Titan, Kalyan Jewellers, PC Jeweller shares shine - Why jewellery stocks are glittering? Expert decodes rally** — Jewellery stocks surged on Monday, driven by festive season anticipation as Diwali and other celebrations approach. Kalyan Jewellers led gains with a 4.5% rise, while PC Jeweller and Titan Company also experienced increases. — [Source](https://www.livemint.com/market/stock-market-news/titan-kalyan-jewellers-pc-jeweller-shares-shine-why-jewellery-stocks-are-glittering-expert-decodes-rally-11791178354162.html)
- 2026-09-30 — CNBC-TV18: **Kalyan Jewellers sells Coimbatore land for ₹86 crore to Shivasakthi Real Estates** — Shares of Kalyan Jewellers India Ltd ended at ₹553.20, down by ₹16.80, or 2.95%, on the BSE. — [Source](https://www.cnbctv18.com/market/stocks/kalyan-jewellers-share-price-sells-coimbatore-land-for-rs-86-crore-to-shivasakthi-real-estates-20002323.htm)
- 2026-09-29 — Economic Times: **Gold rate today (September 29, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities - The Economic Times** — Gold-silver price today: Gold prices saw a further dip at prominent jewellery retailers like Malabar Gold & Diamonds and Kalyan Jewellers. Also see the last-updated 14k, 18k, 20k, 22k and 24k indicative gold jewellery prices and the 999-purity silver rate from the IBJA — [Source](https://economictimes.indiatimes.com/wealth/invest/gold-silver-rate-today-18k-20k-24k-delhi-hyderabad-bengaluru-citywise-ibja-gold-price-malabar-gold-kalyan-jewelers-joyalukkas/articleshow/134558810.cms)
- 2026-09-29 — Economic Times: **Poor man’s gold may become India's next big story as the silver horse rises** — Silver is gaining ground in India as record gold prices push consumers towards a more affordable precious metal. Prices have surged 160% in two years, boosting interest in jewellery, gifting and investment. Jewellers report rising silver demand, particularly among younger buyers, but high prices remain a constraint. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/silver-prices-poor-mans-gold-may-become-indias-next-big-story-as-the-silver-horse-rises/articleshow/134556840.cms)
- 2026-09-29 — MONEYCONTROL: **B2B jewellery maker Royal Chain files draft papers for Rs 1,000-crore IPO** — Royal Chain IPO news,Royal Chain IPO details,Royal Chain IPO size,Royal Chain IPO DRHP,Royal Chain IPO update — [Source](https://www.moneycontrol.com/news/business/ipo/b2b-jewellery-maker-royal-chain-files-draft-papers-for-rs-1-000-crore-ipo-14040643.html)
- 2026-09-29 — MONEYCONTROL: **Kalyan Jewellers stock jumps 2.5%, tops midcap gainers; UBS reiterates ‘buy’ with huge upside** — kalyan jewellers share price today, kalyan jewellers stock update, kalyan jewellers share price target, kalyan jewellers stock rating, kalyan jewellers stock outlook, kalyan jewellers shares buy sell hold, kalyan jewellers stock analysis, kalyan jewellers analyst review — [Source](https://www.moneycontrol.com/news/business/markets/kalyan-jewellers-stock-jumps-2-5-tops-midcap-gainers-ubs-reiterates-buy-with-huge-upside-14040585.html)
- 2026-09-29 — CNBC-TV18: **Kalyan Jewellers expects a strong H2 despite a high base; UBS sees 60% share price upside** — UBS wrote further that Gold price on demand and ticket size impact are varied across segments, adding that Kalyan Jewellers is set to continue its aggressive network rollout. — [Source](https://www.cnbctv18.com/market/kalyan-jewellers-share-price-expect-strong-h2-high-base-ubs-target-buy-sell-upside-60-percent-20000518.htm)
- 2026-09-28 — Economic Times: **Gold rate today (September 28, 2026): Check 24k, 22k, 20k and 18k gold jewellery prices from Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers, Tanishq & IBJA in Delhi, Mumbai, Hyderabad & more cities - The Economic Times** — Here is a look at today’s 22k gold rates from Tanishq, Malabar Gold & Diamonds, Kalyan Jewellers and Joyalukkas across Delhi, Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru. Also see the last-updated 14k, 18k, 20k, 22k and 24k indicative gold jewellery prices and the 999-purity silver rate from the IBJA. — [Source](https://economictimes.indiatimes.com/wealth/invest/gold-rate-today-september-28-2026-check-24k-22k-20k-and-18k-gold-jewellery-prices-from-malabar-gold-diamonds-joyalukkas-kalyan-jewellers-tanishq-ibja-in-delhi-mumbai-hyderabad-more-cities/articleshow/134534249.cms)
- 2026-09-26 — Economic Times: **Baanganga Gold & Diamond files DRHP for Rs 720 crore IPO, fresh issue pegged at Rs 540 crore** — Baanganga Gold & Diamond has filed its DRHP for an IPO comprising a fresh issue of up to ₹540 crore and OFS of up to ₹180 crore. The jewellery manufacturer plans to use fresh proceeds mainly for working capital requirements. — [Source](https://economictimes.indiatimes.com/markets/ipos/fpos/baanganga-gold-diamond-files-drhp-for-rs-720-crore-ipo-fresh-issue-pegged-at-rs-540-crore/articleshow/134499882.cms)
- 2026-09-23 — Economic Times: **Gold and silver rate today (September 23, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times** — Let’s have a look at the latest 22k gold rates at Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq in New Delhi, Mumbai, Chennai, Kolkata, Trivandrum and Bengaluru. Also see the updated indicative rates of 24k, 22k, 20k, 18k and 14k gold and 999-purity silver at the IBJA today. — [Source](https://economictimes.indiatimes.com/wealth/invest/gold-and-silver-rate-today-september-23-2026-check-24k-22k-20k-18k-gold-jewellery-prices-from-ibja-malabar-gold-diamonds-joyalukkas-kalyan-jewellers-and-tanishq/articleshow/134428890.cms)

## Business profile

**Strategic vision:** Indian multinational jewellery company with a century-long legacy.

### Business segments
- **Retail Jewellery:** Operates a retail network spanning India, the Middle East, and the USA, offering diverse jewellery collections tailored to local tastes.

### Competitive strengths
- Extensive retail network across multiple countries.
- Diverse portfolio of specialized jewellery brands.
- Network of skilled craftsmen creating unique designs.
- Long-standing business legacy and established brand reputation.

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## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/kalyankjil
Markdown representation: https://faxioms.com/stocks/kalyankjil?render=md