# KALYANKJIL (KALYANKJIL) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹585.8
- Change: +0.75%
- As of: 2026-09-18
- 1D return: +0.07%
- 5D return: -5.42%
- 1M return: -2.37%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, KALYANKJIL is trading at ₹581.85, showing a mixed technical stance across different timeframes. Daily indicators suggest consolidation, with the price below the 20-day and 50-day Simple Moving Averages (SMAs) and Exponential Moving Averages (EMAs), despite the Supertrend indicator remaining bullish. This contrasts with the weekly and monthly timeframes, where the price is above key EMAs and SMAs, and the Supertrend is also bullish, indicating stronger underlying upward momentum on longer periods. Recent patterns include an active "Inside Bar" on the daily chart and a "Bearish Engulfing Reversal" on the weekly chart, suggesting potential short-term uncertainty or a pause in the trend. The stock's current position is approximately 76% of the way up from its lowest recent support level to its highest recent resistance, indicating it is trading in the upper half of its recent trading range.

The stock exhibits moderate volatility, with an annualized volatility of 0.49 and a current drawdown of -0.26. The nearest resistance is observed at ₹584.15, a pivot level approximately 0.4% above the current price. Key support is identified at ₹575.80, a recent low about 1.04% below the current price. A break above the ₹584.15 resistance could signal renewed upward momentum, while a move below the ₹575.80 support might indicate further consolidation or a potential pullback.

- The stock is trading at ₹581.85 as of September 18, 2026.
- Daily technicals show consolidation with price below short-term moving averages, while weekly and monthly charts indicate a bullish trend.
- Nearest resistance is at ₹584.15 (0.4% above current price), and nearest support is at ₹575.80 (1.04% below current price).
- Active daily "Inside Bar" and weekly "Bearish Engulfing Reversal" patterns suggest potential short-term price action to monitor.
- Annualized volatility is 0.49, and the current drawdown is -0.26.

- Bearish Engulfing Reversal
- Inside Bar
- Doji
- Harami
- Bullish Engulfing Reversal

### News Context

During the week ending September 18, 2026, Kalyan Jewellers experienced mixed market sentiment. On September 17, shares of Kalyan Jewellers were noted to be among those suffering a "double whammy," alongside other jewellery stocks, though the specific reasons were not detailed beyond a mention of Bureau of Indian Standards (BIS) hallmarking fee increases and Merchant Discount Rate (MDR) on UPI. Separately, on September 17, a financial publication included Kalyan Jewellers in a list of stocks to trade, alongside Paytm and Tata Chemicals, indicating potential trading interest from some market observers.

On September 18, a report mentioned a marked increase in gold prices among top Indian jewellery brands, including Kalyan Jewellers, attributing the rise to a significant drop in global oil prices. This suggests a potential shift in market dynamics that could influence the jewellery sector.

- On September 17, shares of Kalyan Jewellers were reported to be declining as part of a broader trend affecting jewellery stocks, with mentions of BIS hallmarking fee hikes and MDR on UPI.
- On September 17, Kalyan Jewellers was identified in a financial publication as a stock to trade, alongside other companies like Paytm and Tata Chemicals.
- On September 18, reports indicated an increase in gold prices across major Indian jewellery brands, including Kalyan Jewellers, influenced by falling global oil prices.

- Gold rate today (September 18, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times
- Kalyan Jewellers, PC Jeweller, Thangamayil Jewellery, Titan: Jewellery stocks suffer double whammy; here's why
- Gold hallmarking gets costlier by 67% as BIS raises fee from Rs 45 to Rs 75, silver stays at Rs 35; new rates take effect ahead of festive season
- Paytm, Tata Chemicals, Kalyan Jewellers: Stocks to trade — Key levels, target price & stop loss
- From Vizhinjam to Kasaragod: A 769-km journey through Keralam’s fractured infrastructure | Today News

### What Changed

On September 18, 2026, Kalyan Jewellers India (KALYANKJIL) on the NSE experienced a slight price increase, closing at ₹581.85 compared to the previous day's ₹581.45. Recent news highlights the company's inclusion in discussions about gold rate changes, with a September 18, 2026, report noting a marked increase in gold prices across top Indian jewellery brands, including Kalyan Jewellers, attributed to a drop in global oil prices. However, another report from the same date indicated that jewellery stocks, including Kalyan Jewellers, experienced a decline, citing factors such as Bureau of Indian Standards regulations and the MDR on UPI. The company's profile as a participant in the Indian jewellery market and its listing on the NSE remain unchanged.

- On September 18, 2026, KALYANKJIL closed at ₹581.85, a marginal increase from the previous day's ₹581.45.
- A September 18, 2026, report mentioned Kalyan Jewellers in the context of rising gold prices, influenced by global oil price drops.
- On September 18, 2026, news also indicated that Kalyan Jewellers' stock was among those declining in the jewellery sector, with potential reasons cited as BIS regulations and MDR on UPI.
- Kalyan Jewellers India continues to be listed on the NSE.

- Gold rate today (September 18, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times
- Kalyan Jewellers, PC Jeweller, Thangamayil Jewellery, Titan: Jewellery stocks suffer double whammy; here's why

### Official Filings

Kalyan Jewellers India Limited has scheduled several investor and analyst meetings in September 2026. These include participation in the Jefferies India Forum 2026 on September 17, 2026, and an institutional investor meet at the UBS India Summit 2026 on September 11, 2026. These events provide opportunities for the company to communicate its performance and strategy to the investment community.

Additionally, the company's 18th Annual General Meeting (AGM) is scheduled for September 19, 2026, to be held via video conference. Key agenda items include the adoption of audited financial statements for the fiscal year ended March 31, 2026, the declaration of a final dividend of ₹2.50 per share, and the re-appointment of directors. Shareholders will also vote on proposals related to accepting public deposits and approving remuneration for the Chairman. The company reported consolidated revenue of ₹386,488.75 million and a profit of ₹18,434.93 million for the fiscal year 2025-26, with earnings per share at ₹12.45.

- Kalyan Jewellers India Limited will participate in the Jefferies India Forum 2026 on September 17, 2026.
- An institutional investor meet is scheduled for September 11, 2026, at the UBS India Summit 2026.
- The 18th Annual General Meeting is scheduled for September 19, 2026, via video conference.
- A final dividend of ₹2.50 per equity share for FY 2025-26 is proposed.
- For the fiscal year ended March 31, 2026, consolidated revenue was ₹386,488.75 million and profit was ₹18,434.93 million.

- Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Kalyan Jewellers India Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Kalyan Jewellers India Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Kalyan Jewellers India Limited has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 19-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL
- Kalyan Jewellers India Limited has informed the Exchange regarding Notice of Annual General Meeting to be held on September 19, 2026 |SUBJECT: Shareholders meeting
- Kalyan Jewellers India Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- AS ON DATE : 20-AUG-26

### Fundamentals

Kalyan Jewellers India reported revenue from operations of ₹10,588.93 crore for Q1 FY2026-27. This follows revenues of ₹10,343.42 crore in Q3 FY2025-26 and ₹10,274.94 crore in Q4 FY2025-26. Profit Before Tax (PBT) for Q1 FY2026-27 was ₹464.82 crore, a decrease from ₹538.82 crore in Q4 FY2025-26 and ₹559.94 crore in Q3 FY2025-26. The company's finance costs were ₹108.40 crore in Q1 FY2026-27, compared to ₹129.98 crore in Q4 FY2025-26 and ₹104.34 crore in Q3 FY2025-26. Other expenses were ₹315.89 crore in Q1 FY2026-27, down from ₹320.48 crore in Q4 FY2025-26 and ₹360.15 crore in Q3 FY2025-26. Tax expense for Q1 FY2026-27 stood at ₹116.15 crore.

- Revenue from operations for Q1 FY2026-27 was ₹10,588.93 crore.
- Profit Before Tax decreased sequentially from ₹559.94 crore in Q3 FY2025-26 to ₹464.82 crore in Q1 FY2026-27.
- Finance costs in Q1 FY2026-27 were ₹108.40 crore.
- Other expenses in Q1 FY2026-27 were ₹315.89 crore.
- Tax expense for Q1 FY2026-27 was ₹116.15 crore.

### Bull Case

The company's stock shows constructive signals across multiple timeframes, indicating potential upward momentum. Daily, weekly, and monthly technical indicators suggest a bullish trend, with the Super Trend indicator pointing to a bullish direction on all three timeframes. This is supported by positive returns over the last three and six months, with gains of 0.52 and 0.49 respectively. The year-to-date return stands at 0.2, further reinforcing a positive performance trajectory.

- The Super Trend indicator is bullish on daily, weekly, and monthly timeframes as of September 18, 2026.
- The stock has delivered a return of 0.52 over the past three months.
- The stock has delivered a return of 0.49 over the past six months.
- The year-to-date return for the stock is 0.2 as of September 18, 2026.

- Gold rate today (September 18, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times
- Kalyan Jewellers, PC Jeweller, Thangamayil Jewellery, Titan: Jewellery stocks suffer double whammy; here's why
- Gold hallmarking gets costlier by 67% as BIS raises fee from Rs 45 to Rs 75, silver stays at Rs 35; new rates take effect ahead of festive season
- Paytm, Tata Chemicals, Kalyan Jewellers: Stocks to trade — Key levels, target price & stop loss
- From Vizhinjam to Kasaragod: A 769-km journey through Keralam’s fractured infrastructure | Today News

### Bear Case

The company's stock has experienced a notable drawdown of -0.26% from its recent peak, with a maximum drawdown recorded at -0.58%. This is accompanied by an annualized volatility of 0.49% and a downside deviation of 0.31%, indicating potential for price fluctuations. Recent market commentary suggests that jewellery stocks, including Kalyan Jewellers India, have faced pressure due to factors such as increased hallmarking fees and potential implications from MDR on UPI, although the specific impact on the company is not detailed. The stock's current price of ₹581.85 is below its 20-day Exponential Moving Average (EMA) of ₹595.24, and its 50-day Simple Moving Average (SMA) slope indicates a recent upward trend that has slowed, with the 50-day SMA slope at 20.29 compared to a 5-day slope of 20.29.

- The stock has experienced a current drawdown of -0.26% and a maximum drawdown of -0.58%.
- Annualized volatility stands at 0.49% with a downside deviation of 0.31%.
- Jewellery stocks, including Kalyan Jewellers India, have faced market pressure potentially linked to increased hallmarking costs and MDR on UPI.
- The current stock price of ₹581.85 is below the 20-day EMA of ₹595.24.

- Gold rate today (September 18, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times
- Kalyan Jewellers, PC Jeweller, Thangamayil Jewellery, Titan: Jewellery stocks suffer double whammy; here's why
- Gold hallmarking gets costlier by 67% as BIS raises fee from Rs 45 to Rs 75, silver stays at Rs 35; new rates take effect ahead of festive season
- Paytm, Tata Chemicals, Kalyan Jewellers: Stocks to trade — Key levels, target price & stop loss
- From Vizhinjam to Kasaragod: A 769-km journey through Keralam’s fractured infrastructure | Today News

### FAQs

**What recent investor engagement activities has Kalyan Jewellers India Limited undertaken?**

Kalyan Jewellers India Limited has scheduled participation in several investor events. The company announced an in-person analyst and institutional investor meeting on September 17, 2026, as part of the Jefferies India Forum 2026. Prior to this, it was scheduled to participate in the UBS India Summit 2026 on September 11, 2026, in Mumbai. Presentation materials from these events are expected to be available on the company's website.

**What is the recent performance of Kalyan Jewellers India Limited's stock, and how does it compare to its year-to-date return?**

As of September 18, 2026, Kalyan Jewellers India Limited's stock has shown varied returns across different periods. Its year-to-date (YTD) return was 0.20, while its return over the last 6 months was 0.49 and over the last 3 months was 0.52. However, its return over the last month was -0.03, and its return since the start of trading was -0.25.

**What technical indicators suggest the current trend for Kalyan Jewellers India Limited's stock?**

On a daily timeframe as of September 18, 2026, technical indicators show a mixed trend. The Exponential Moving Average (EMA) 20 is at 595.24, and the Simple Moving Average (SMA) 20 is at 600.19, both above the closing price of ₹581.85, suggesting potential resistance. The Supertrend indicator is bullish at 564.94. However, the EMA 20 slope is negative (-4.24), indicating a short-term downward momentum. On a weekly timeframe, the Supertrend is bullish at 472.29, with a positive EMA 20 slope of 47.55, suggesting a stronger bullish trend over the longer term.

**What are the key support and resistance levels for Kalyan Jewellers India Limited's stock?**

As of September 18, 2026, key technical levels for Kalyan Jewellers India Limited's stock include immediate resistance at ₹584.15 (pivot level) and further resistance at ₹587.91 (high). Key support levels are identified at ₹575.80 (low) and ₹570.15 (low).

- Gold rate today (September 18, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times
- Kalyan Jewellers, PC Jeweller, Thangamayil Jewellery, Titan: Jewellery stocks suffer double whammy; here's why
- Gold hallmarking gets costlier by 67% as BIS raises fee from Rs 45 to Rs 75, silver stays at Rs 35; new rates take effect ahead of festive season
- Paytm, Tata Chemicals, Kalyan Jewellers: Stocks to trade — Key levels, target price & stop loss
- From Vizhinjam to Kasaragod: A 769-km journey through Keralam’s fractured infrastructure | Today News
- Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- KALYAN JEWELLERS INDIA LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Kalyan Jewellers India Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Kalyan Jewellers India Limited has informed the Exchange about General Updates |SUBJECT: General Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹584.15
- Risk regime: Price Risk Requires Attention

### Support levels
- 507.75
- 488.775
- 467.15

### Resistance levels
- 587.90625
- 619.0999999999999
- 632.975

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.07% |
| return_10 | -0.59% |
| return_1m | -3.28% |
| return_1y | +12.98% |
| return_20 | -2.37% |
| return_3m | +51.94% |
| return_5 | -5.42% |
| return_6m | +49.35% |
| return_since_start | -25.00% |
| return_ytd | +20.17% |

### 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 | +48.94% |

## 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

## Official filings

- 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)
- 2026-08-21 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_21082026110726_Post_Ad.pdf)
- 2026-08-20 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_18647_WebXMLFile_20260820_115423747.xml)
- 2026-08-20 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_20082026113736_Intimation_Notice.pdf)
- 2026-08-20 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_20082026121145_AGM_NP.pdf)
- 2026-08-19 — Annual Report: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_30447_KALYANKJIL_2025_2026_A_6283776_20082026113008.pdf)
- 2026-08-17 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_17082026104531_AGM_INTIMATION.pdf)
- 2026-08-17 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_17082026104330_AGM_INTIMATION.pdf)
- 2026-08-13 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_18647_WebXMLFile_20260813_191811455.xml)
- 2026-08-13 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_13082026190644_Investor_Meet.pdf)
- 2026-08-08 — Earnings Transcript: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_08082026094605_Transcript_q1.pdf)
- 2026-08-05 — Generic Announcement: Kalyan Jewellers India Limited published its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, on August 5, 2026. The results were published in The Hindu Business Line and Deepika newspapers and are also available on the company's website. The filing includes financial data such as total income from operations and net profit/loss for the period. — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_05082026105717_Q1_NP.pdf)
- 2026-08-04 — Generic Announcement: Kalyan Jewellers India Limited's Board of Directors met on August 4, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. The company's statutory auditors, Walker Chandiok & Co LLP, issued a limited review report on these results. The financial statements, both standalone and consolidated, were prepared in accordance with Indian Accounting Standards and SEBI regulations. The filing also noted that a one-time increase in provision for employee benefits amounting to Rs. 415.02 million was recognized in the previous year as an exceptional item due to new labor codes. — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_04082026164023_Q1_BM.pdf)
- 2026-08-04 — Generic Announcement: Kalyan Jewellers India Limited has made the audio recording of its earnings conference call for the quarter ended June 30, 2026, available on its company website. This recording discusses the unaudited financial results for the specified period. — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_04082026190741_Audio_q1.pdf)
- 2026-08-04 — Official Filing: Kalyan Jewellers India Limited has disclosed an audio recording of an earnings call held on August 4, 2026. The recording was uploaded to the company's website on the same date at 18:45:00. Prior intimation of this earnings call was provided to the exchange on July 27, 2026.
- 2026-08-04 — Earnings Presentation: Kalyan Jewellers India Limited has filed a presentation detailing its standalone and consolidated financial results for the quarter ended June 30, 2026. The filing includes an investor presentation uploaded to the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_04082026170914_Q1_IP.pdf)
- 2026-08-01 — Generic Announcement: Kalyan Jewellers India Limited allotted 10,765 equity shares on August 01, 2026, to eligible employees under the Kalyan Jewellers ESOP 2020 plan. The shares have a face value of Rs. 10 each and were issued at an exercise price of Rs. 140 per share. These new shares will rank pari passu with existing equity shares, and the company is completing formalities for their listing on the National Stock Exchange of India Ltd. and BSE Limited. — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_01082026110438_INTIMATION_ESOP_ALLOTMENT.pdf)
- 2026-08-01 — Generic Announcement: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_18647_WebXMLFile_20260801_110751484.xml)
- 2026-07-27 — Official Filing: Kalyan Jewellers India Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_543278_2772026115430_SAIIM_WebXMLFile_20260727_115433100.xml)
- 2026-07-27 — Generic Announcement: Kalyan Jewellers India Limited will hold an earnings conference call on Tuesday, August 4, 2026, at 5:15 PM IST to discuss its Q1 FY27 results. Key management personnel including the Executive Director, CEO, CFO, and Heads of Strategy and Investor Relations will participate. The call is being organized by Strategic Growth Advisors Pvt. Ltd. — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_27072026115825_Q1_Earnings_Call.pdf)
- 2026-07-07 — Generic Announcement: Kalyan Jewellers India Limited reported a Q1 FY2027 update for the quarter ended June 30, 2026, with consolidated revenue growth of approximately 38% year-over-year. India operations saw revenue growth exceeding 38% and same-store-sales-growth of approximately 28%, despite the Adhik Maas period. The 'Shine with India' campaign increased recycled gold's share to over 46% of revenue in Q1 FY2027. International operations grew revenue by approximately 35%, contributing 14% to consolidated revenue, while Candere's platform revenue grew by approximately 112%. The company launched 12 Kalyan showrooms and 5 Candere showrooms in India, bringing the total showroom count to 524 as of June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/KALYANKJIL_07072026081231_Q1.pdf)

## News and market events

- 2026-09-18 — Times of India: **Gold hallmarking gets costlier by 67% as BIS raises fee from Rs 45 to Rs 75, silver stays at Rs 35; new rates take effect ahead of festive season** — India Business News: Ahead of the festive season, the price of hallmarking gold articles has been raised by the Bureau of Indian Standards (BIS). Earlier gold hallmarking . — [Source](https://timesofindia.indiatimes.com/business/india-business/gold-hallmarking-gets-costlier-by-67-as-bis-raises-fee-from-rs-45-to-rs-75-silver-stays-at-rs-35-new-rates-take-effect-ahead-of-festive-season/articleshow/134302969.cms)
- 2026-09-18 — Economic Times: **Gold rate today (September 18, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Malabar Gold & Diamonds, Joyalukkas, Kalyan Jewellers and Tanishq - The Economic Times** — Today saw a marked increase in gold prices among top Indian jewellery brands, spurred by a significant drop in global oil prices that changed market dynamics. — [Source](https://economictimes.indiatimes.com/wealth/invest/gold-rate-today-september-18-2026-check-24k-22k-20k-18k-gold-jewellery-prices-from-ibja-malabar-gold-diamonds-joyalukkas-kalyan-jewellers-and-tanishq/articleshow/134328428.cms)
- 2026-09-17 — BUSINESSTODAY: **Kalyan Jewellers, PC Jeweller, Thangamayil Jewellery, Titan: Jewellery stocks suffer double whammy; here's why** — Titan, Kalyan Jewellers, PC Jeweller, Senco Gold, Titan shares fall, Kalyan Jewellers shares slip, PC Jeweller shares decline, Senco Gold shares fall, Bureau of Indian Standards , MDR on UPI — [Source](https://www.businesstoday.in/markets/stocks/story/kalyan-jewellers-pc-jeweller-thangamayil-jewellery-titan-jewellery-stocks-suffer-double-whammy-heres-why-556224-2026-09-17)
- 2026-09-17 — BUSINESSTODAY: **Paytm, Tata Chemicals, Kalyan Jewellers:  Stocks to trade — Key levels, target price & stop loss** — Stocks to buy, Stock picks, Stocks to trade, trading views, Tata Chemicals, One 97 Communications, Paytm, Kalyan Jewellers India, Tata Chemicals shares, Paytm shares, Kalyan Jewellers shares, Tata Chemicals share price, Paytm share price, Kalyan Jewellers share price, Tata Chemicals stock price, Paytm stock price, Kalyan Jewellers stock price, Tata Chemicals target price, Paytm target price, Kalyan Jewellers target price — [Source](https://www.businesstoday.in/markets/stocks/story/paytm-tata-chemicals-kalyan-jewellers-top-stocks-to-trade-key-levels-target-price-stop-loss-556022-2026-09-17)
- 2026-09-16 — Mint: **From Vizhinjam to Kasaragod: A 769-km journey through Keralam’s fractured infrastructure | Today News** — An agonizing 33 km/hr cross-state drive along National Highway 66 lays bare the choked roads, delayed projects, and debt trap threatening Keralam’s economic future. — [Source](https://www.livemint.com/news/kerala-highway-infrastructure-debt-trap-11789550676768.html)
- 2026-09-16 — MONEYCONTROL: **Kalyan Jewellers, other jewellery stocks fall up to 5% as BIS raises gold hallmarking fee** — jewellery stocks, Kalyan Jewellers, PC Jeweller, Lalithaa Jewellery — [Source](https://www.moneycontrol.com/news/business/markets/kalyan-jewellers-other-jewellery-stocks-fall-up-to-5-as-bis-raises-gold-hallmarking-fee-14031191.html)
- 2026-09-16 — BUSINESSTODAY: **Kalyan Jewellers, PC Jeweller, Thangamayil Jewellery shares slip up to 8% in early deals; here's why** — Titan, Kalyan Jewellers, PC Jeweller, Senco Gold, Titan shares fall, Kalyan Jewellers shares slip, PC Jeweller shares decline, Senco Gold shares fall, Bureau of Indian Standards — [Source](https://www.businesstoday.in/markets/stocks/story/kalyan-jewellers-pc-jeweller-thangamayil-jewellery-shares-slip-up-to-8-in-early-deals-heres-why-555777-2026-09-16)
- 2026-09-16 — BUSINESSTODAY: **Gold hallmarking fee gets 67% hike: Titan, Kalyan Jewellers, PC Jeweller, Senco Gold shares in focus** — Titan, Kalyan Jewellers, PC Jeweller, Senco Gold, Titan shares, Kalyan Jewellers shares, PC Jeweller shares, Senco Gold shares , Bureau of Indian Standards — [Source](https://www.businesstoday.in/markets/stocks/story/gold-hallmarking-fee-gets-67-hike-titan-kalyan-jewellers-pc-jeweller-senco-gold-shares-in-focus-555761-2026-09-16)
- 2026-09-15 — CNBC-TV18: **11:11 |  HDFC Bank CNBC-TV18 Exclusive; Tata Sons, US treasuries, Emmys and more** — Hello and Welcome to CNBC-TV18's Morning Newsletter Today, we take a look at HDFC Bank's exclusive to CNBC-TV18 amid its hunt for its next CEO-MD, Tata Sons moves closer to listing, pushing the group stocks higher, the 78th Emmys, 6 new IPO allotments, US 10-year treasuries and more. — [Source](https://www.cnbctv18.com/business/1111-hdfc-bank-cnbc-tv18-exclusive-tata-sons-us-treasuries-emmys-and-more-19990524.htm)
- 2026-09-15 — MONEYCONTROL: **Kalyan Jewellers stock rises as UBS initiates coverage with Buy, sees 50% upside** — kalyan jewellers share price today, kalyan jewellers stock update, kalyan jewellers share price target, kalyan jewellers stock outlook, kalyan jewellers stock rating, kalyan jewellers stock outlook, kalyan jewellers buy sell hold — [Source](https://www.moneycontrol.com/news/business/markets/kalyan-jewellers-stock-rises-as-ubs-initiates-coverage-with-buy-sees-50-upside-14029897.html)
- 2026-09-15 — CNBC-TV18: **Stocks To Buy: UBS bets on this jewellery stock for up to 50% upside** — Despite the stock having risen around six-fold between FY22 and FY26, the brokerage said Kalyan Jewellers trades at around 30 times its estimated earnings for financial year 2028, representing a discount of roughly 45% to Titan. The brokerage expects this valuation gap to narrow as the company's growth continues. — [Source](https://www.cnbctv18.com/market/kalyan-jewellers-share-price-ubs-initiates-buy-target-upside-key-triggers-risk-factors-19990537.htm)
- 2026-09-15 — BUSINESSTODAY: **Paytm, Kalyan Jewellers, BSE, Tenneco, Titagarh, Cochin Shipyard, Sharda Motor shares: Targets** — Paytm share price, Kalyan Jewellers share price, BSE share price, Cochin Shipyard share price, Titagarh Rail share price, Usha Martin share price, Sharda Motor share price, Tenneco Clean Air share price — [Source](https://www.businesstoday.in/markets/stocks/story/paytm-kalyan-jewellers-bse-tenneco-titagarh-cochin-shipyard-sharda-motor-shares-targets-555480-2026-09-15)
- 2026-09-15 — The Hindu: **Sensex today | Stock Market Live: Stock to buy today: Max Healthcare Institute (₹1,037.20)** — Sensex, Nifty, Share Prices Live Updates: Traders can buy now at ₹1,037 and accumulate if the price dips to ₹1,010; place initial stop-loss at ₹960 — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-15th-september-2026/article71466165.ece)
- 2026-09-14 — Economic Times: **Gold rate today (September 14, 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** — On September 14, 2026, the gold market in India displayed varied trends among jewelers. Tanishq reported a modest dip in 22k gold prices, while competitors like Malabar Gold & Diamonds, Joyalukkas, and Kalyan Jewellers observed an uptick in their rates. Consumers can find the updated prices on their respective websites. — [Source](https://economictimes.indiatimes.com/wealth/invest/gold-rate-today-september-14-2026-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/134235939.cms)
- 2026-09-11 — BUSINESS: **Shankesh Jewellers bucks market sell-off to zoom 18% as Q1 PAT doubles** — Shankesh Jewellers delivered strong financial performance in Q1, with revenue growing 55 per cent Y-o-Y to ₹424 crore. Its PAT stood at ₹43, reflecting an increase of 100 per cent on a Y-o-Y basis. — [Source](https://www.business-standard.com/markets/news/shankesh-jewellers-bucks-market-sell-off-to-zoom-18-as-q1-pat-doubles-126091100297_1.html)
- 2026-09-11 — Mint: **Dividend stocks alert! Last chance to qualify- Kalyan Jewellers, Aarti Industries, Blue Jet, Bajaj Healthcare, more** — Dividend stocks including Kalyan Jewellers, Aarti Industries, and 38 more, are poised to attract investor interest on Friday, September 11. These companies have set record dates for dividend payouts on September 12 and 14. — [Source](https://www.livemint.com/market/stock-market-news/dividend-stocks-alert-last-chance-to-qualify-kalyan-jewellers-aarti-industries-blue-jet-bajaj-healthcare-more-11789098026451.html)
- 2026-09-10 — The Hindu: **Thaimaman Thanga Mothiram scheme: Madras HC dismisses challenge to gold ring contract awarded to Joyalukkas, Kalyan Jewellers** — Madras HC dismisses PIL challenging gold ring contract awarded to Joyalukkas and Kalyan Jewellers under Tamil Nadu's maternal scheme. — [Source](https://www.thehindu.com/news/national/tamil-nadu/thaimaman-thanga-mothiram-thittam-madras-hc-dismisses-challenge-to-gold-ring-contract-awarded-to-joyalukkas-kalyan-jewellers/article71450178.ece)
- 2026-09-08 — Economic Times: **Gold prices soar, Indians swap old jewellery for new as advance purchase schemes lose shine** — With gold prices soaring, consumers have increasingly turned to exchanging old jewellery, resulting in a notable decrease in advance purchase scheme deposits across the market. Notably, Titan's Tanishq chain experienced a staggering thirty-nine percent dip year-on-year in deposits. Similar trends were observed at Reliance Retail and Jos Alukkas, which both reported significant declines in the previous fiscal. Experts anticipate this pattern will persist until gold prices stabilize. — [Source](https://economictimes.indiatimes.com/industry/cons-products/fashion-/-cosmetics-/-jewellery/gold-prices-soar-indians-swap-old-jewellery-for-new-as-advance-purchase-schemes-lose-shine/articleshow/133939494.cms)
- 2026-09-08 — Economic Times: **Gold rate today (September 8, 2026): Check 24k, 22k, 20k, 18k gold jewellery prices from IBJA, Joyalukkas, Malabar Gold & Diamonds, Kalyan Jewellers and Tanishq in Delhi, Mumbai, Hyderabad & more cities - The Economic Times** — Gold price today: Today marked a rise in gold prices among popular Indian jewellery brands. In Delhi, Tanishq is offering its 22k gold jewellery at Rs 14,285 per gram. Comparable pricing can be seen at Malabar Gold & Diamonds and Kalyan Jewellers. The Indian Bullion & Jewellers Association has yet to revise its rates. — [Source](https://economictimes.indiatimes.com/wealth/invest/gold-and-silver-rate-today-september-8-2026-check-24k-22k-20k-18k-gold-jewellery-prices-from-ibja-joyalukkas-malabar-gold-diamonds-kalyan-jewellers-and-tanishq-in-delhi-mumbai-hyderabad-more-cities/articleshow/133912653.cms)
- 2026-09-07 — Economic Times: **Ecommerce Cos See Big Spending Carnival this Festive Season** — Ecommerce marketplaces and online retailers are expected to sell a record Rs 1.50-1.55 lakh crore worth of goods during this years festive season sale events, up 25-29% from around Rs 1.20 lakh crore in 2025, according to data from market research firm Datum Intelligence. — [Source](https://economictimes.indiatimes.com/epaper/delhicapital/2026/sep/07/et-front/ecomm-cos-see-big-spending-carnival-this-festive-season/articleshow/133852722.cms)
- 2026-09-07 — Economic Times: **Ecommerce Cos See Big Spending Carnival this Festive Season** — Ecommerce marketplaces and online retailers are expected to sell a record Rs 1.50-1.55 lakh crore worth of goods during this years festive season sale events, up 25-29% from around Rs 1.20 lakh crore in 2025, according to data from market research firm Datum Intelligence. — [Source](https://economictimes.indiatimes.com/et-front/ecomm-cos-see-big-spending-carnival-this-festive-season/articleshow/133852722.cms)
- 2026-09-06 — The Hindu: **Jewellers begin dispatches for ‘Thai Maaman Thanga Mothiram Thittam’** — With the Tamilaga Vettri Kazhagam (TVK)-led government preparing to launch the ‘Thai Maaman Thanga Mothiram Thittam’, Joyalukkas Group and Kalyan Jewellers, the two jewellers awarded the tender for the scheme, have begun dispatching consignments from their facilities. — [Source](https://www.thehindu.com/news/national/tamil-nadu/jewellers-begin-dispatches-for-thai-maaman-thanga-mothiram-thittam/article71435226.ece)
- 2026-09-04 — BUSINESS: **Deepa Jewellers IPO ends with 42.61 times subscription** — The offer received bids for 78.91 crore shares as against 1.85 crore shares on offer. — [Source](https://www.business-standard.com/markets/capital-market-news/deepa-jewellers-ipo-ends-with-42-61-times-subscription-126090401067_1.html)
- 2026-09-04 — CNBC-TV18: **Priority Jewels IPO Listing: Shares debut at 15% premium after IPO subscribed 100 times** — The ₹91.5-crore initial public offering (IPO) of Priority Jewels received a strong response from investors during the bidding period. The issue was subscribed 100.45 times by the close of bidding on September 1. — [Source](https://www.cnbctv18.com/market/priority-jewels-ipo-listing-share-price-debuts-premium-after-issue-subscription-nse-bse-19983946.htm)
- 2026-09-01 — Mint: **Priority Jewels IPO Day 3: Issue subscribed 21.23x so far. GMP signals 23% listing pop. Apply or not?** — The Priority Jewels IPO price band has been set at  ₹190– ₹200 per share. The mainboard IPO opened for bidding on Friday, 28 August and will close on Tuesday, 1 September. — [Source](https://www.livemint.com/market/ipo/priority-jewels-ipo-day-3-issue-subscribed-21-23x-so-far-gmp-signals-23-listing-pop-apply-or-not-11788232590731.html)

## 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: 2026-09-18
- Source: Faxioms public stock analysis API

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