Stock Report

Kalyan Jewellers India Limited - Quarterly Update - Q3 FY2026

Posted On : 2026-01-07 21:12:16( TIMEZONE : IST )

The recently concluded quarter has been a very encouraging one, recording consolidated revenue growth of approximately 42% when compared to the same period in the previous financial year.

Our India operations witnessed revenue growth of approximately 42% during Q3 FY2026 as compared to Q3 FY2025, driven primarily by strong festive demand. Demand during the period after Diwali also continued to remain robust despite volatility in gold prices. Growth was broad-based across plain gold and studded categories. The quarter recorded healthy same-store-sales-growth of approximately 27%.

Our international operations recorded revenue growth of approximately 36% for the recently concluded quarter when compared to the same period during the previous financial year. Within the Middle East specifically, we witnessed revenue growth of approximately 28% for Q3 FY2026 as compared to Q3 FY2025 driven majorly by same-store-sales-growth. International markets contributed approximately 11% to our consolidated revenue for the recently concluded quarter.

Our digital-first jewellery platform, Candere, recorded a revenue growth of approximately 147% during the recently concluded quarter as compared to the same period during the last year.

During the recently concluded quarter, we launched 21 Kalyan showrooms in India, 1 Kalyan showroom in the United Kingdom and 14 Candere showrooms in India.

As of December 31, 2025, our total number of showrooms across India and international markets stood at 469 (Kalyan India - 318, Kalyan Middle East - 38, Kalyan USA - 2, Kalyan UK - 1, Candere - 110).

Shares of Kalyan Jewellers India Limited was last trading in BSE at Rs. 520.75 as compared to the previous close of Rs. 500.60. The total number of shares traded during the day was 1265251 in over 23352 trades.

The stock hit an intraday high of Rs. 535.00 and intraday low of 502.65. The net turnover during the day was Rs. 660132218.00.

The metrics and other details provided above are subject to Limited Review process by our Statutory Auditors. Post approval of the results for the quarter ended December 31, 2025 by the board of directors, a detailed information update will follow. Revenue figures provided above refer to revenue from sale of goods.