₹609.9
+3.02% today
· 30d +10.27%
as of 2026-11-09
Price · Daily Candles
“Kalyan Jewellers: Quarterly Profits Sparkle, But Foreign Investors Pare Holdings”
Kalyan Jewellers demonstrated strong financial performance with Q4 revenue up 66.22% YoY to ₹10,275 Cr and net profit soaring 118.28% YoY to ₹410 Cr. Annually, revenue grew 42.71% and net profit 89.09% to ₹1,350 Cr. However, FIIs reduced their stake by 3.73% QoQ to 10.82% in June 2026.
BULL CASE
+Q4 2026 revenue increased 66.22% YoY to ₹10,275 Cr, indicating strong top-line growth.
+Net profit in Q4 2026 surged 118.28% YoY to ₹410 Cr, highlighting improved profitability.
+Annual revenue for 2026 grew 42.71% YoY to ₹35,743 Cr, with net profit up 89.09% to ₹1,350 Cr.
+The company's last 3-year revenue CAGR stands at 36.32%, and net profit CAGR at 46.09%.
BEAR CASE
−FII shareholding decreased by 3.73% QoQ to 10.82% as of June 2026.
−The stock is trading 7.4% off its 52-week high of ₹617.7.
−ML predictions for Free Cash Flow (FCF) growth show a weak ranking for recent (0.176) and rolling (0.026) periods, with an overall strong bearish signal for FCF compression.
−The stock has a high beta of 1.72, suggesting elevated volatility.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹10589 Cr
+45.68% YoY
NET PROFIT
₹349 Cr
+32.03% YoY
OPM
6.47%
-1.11pp YoY
EPS
₹3.38
PE 42.01
Intrinsic value · DCF: N/A — ML model predicts severe Δ FCF compression (h1=-27.5%, h2=-26.3%, h3=-27.2% of mktcap), driving projected FCF negative by year 3 despite healthy current FCF. Treating as forecast outlier rather than reporting a misleading ₹0 valuation. Use the Strategy Fit and ML sections instead.
◇ Sector Position
Kalyan Jewellers (PE 42.01, ROCE 21.0%) trades at a lower valuation and ROCE than category leader Titan (PE 81.08, ROCE 41.62%), but with better ROCE than players like Thangamayl (PE 56.89, ROCE 18.56%).
PEERPEROCE %
KALYANKJIL42.0121.0
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ML Forward Growth Predictions 🔒
58
SCORE / 100
Overall
6-axis composite of the sections below.
Performance
STRONG
75
Valuation
FAIR
40
Growth
STRONG
84
Profitability
DECENT
62
Technicals
NEUTRAL
58
Risk
ELEVATED
30
Key Stats
TTM PE
42.01
P/B
8.94
52W HIGH
₹648.95
OFF HIGH
-6.02%
DIV YIELD
0.27%
MKT CAP
₹62731 Cr
◉ Active Signals
MACDBullish11.9976
RSI(14)Bullish67.9
Street Consensus
9 analysts₹666.22
mean target
Low ₹525.0Now ₹609.9High ₹770.0
⧉ Strategy Fit 🔒