Kalyan Jewellers India Ltd

543278

Summary

Fair Value Assessment
Overvalued (15% Premium)
Fair ValueQ410.30UncertaintyHigh
Close Price474.15Mar 26, 2025
Market Closed
468.90
Price Down by 5.25 | 1.11 %
Previous Close
474.15
Day Range
464.70 – 475.15
Year Range
337.00 – 794.60
Bid / Ask
Market Cap
483.6 Bil
Volume / Average
253.2 k / 1.0 Mil
Beta (3-Year)
0.94
Shares Outstanding
1,031.44 Mil
Primary Exchange
Bombay Stock Exchange

Business Description
Kalyan Jewellers India Ltd is a Jewellery company. The business activities of the company are to design, manufacture, and sell a variety of gold, studded and other jewellery products for various occasions such as weddings, festivals and others. It operates in a single segment namely the jewellery business.
Contact
Sitaram Mill Road TC-32/204/2, Thrissur, KL 680002
T +91 4872437333
www.kalyanjewellers.net opens in a new tab
Sector
Consumer Cyclical
Industry
Luxury Goods
Most Recent Earnings
Dec 31, 2024
Fiscal Year End
Mar 31, 2025
Employees
11,177

Key Metrics

Income Statement (in Bil, except ratios)
12/31/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Revenue
233.47 184.73 140.25 107.81 85.43 100.28
Revenue Growth %
34.58% 31.71% 30.09% 26.19% -14.81% 3.02%
Gross Profit
30.44 26.38 21.53 16.55 14.29 16.36
Gross Profit Margin %
13.04% 14.28% 15.35% 15.35% 16.73% 16.32%
Operating Income
11.42 10.55 8.94 6.27 5.40 5.11
Operating Margin %
4.89% 5.71% 6.37% 5.82% 6.32% 5.09%
EBIT
11.59 10.38 8.31 5.79 3.85 5.54
EBIT Margin %
4.96% 5.62% 5.92% 5.37% 4.51% 5.53%
EBITDA
14.82 13.12 10.75 8.11 6.10 7.93
EBITDA Margin %
6.35% 7.10% 7.67% 7.52% 7.14% 7.91%
Net Income
6.65 5.97 4.33 2.24 -0.06 1.43
Net Profit Margin %
2.84% 3.23% 3.08% 2.08% -0.07% 1.42%
Basic EPS
6.45 5.80 4.20 2.18 -0.07 1.39
Diluted EPS
6.45 5.80 4.20 2.18 -0.07 1.39
Normalized EPS
6.51 5.90 4.37 2.23 0.46
Total Dividends per Share
1.20 0.50
Balance Sheet (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Total Assets
137.59 128.18 107.13 89.45 88.65 82.19
Total Liabilities
94.00 86.30 70.78 58.07 60.39 60.61
Total Debt
45.50 44.86 42.95 40.29 40.76 43.98
Total Equity
43.59 41.88 36.34 31.38 28.27 21.58
Cash And Cash Equivalents
3.15 1.78 1.41 1.49 3.65 1.61
Working Capital
23.88 23.66 21.47 16.60 13.38 6.21
Shares Outstanding (Bil)
1.03 1.03 1.03 1.03 1.03 0.84
Book Value Per Share
40.56 35.29 30.46 27.44 24.33
Total Debt To Equity
1.04 1.07 1.18 1.28 1.44 2.04
Cash Flow Statement (in Bil, except ratios)
09/30/2024
03/2024
03/2023
03/2022
03/2021
03/2020
Cash From Operating Activities
16.89 13.22 10.13 2.45 6.29 3.20
Cash From Investing Activities
-1.44 -1.37 -3.84 0.64 -2.17 0.34
Cash From Financing Activities
-14.66 -11.48 -6.38 -5.24 -2.08 -3.43
Capital Expenditures
3.71 1.87 0.91 0.48 1.19
Free Cash Flow
5.08 5.55 3.39 3.58 3.54
Change in Cash
0.78 0.37 -0.08 -2.16 2.04 0.11

Profile

Name (Age)
5-Year Trend
2021
2022
2023
2024
2025
T. S. Kalyanaraman (—) Managing Director and Director
Total Compensation for all Key Executives
Transaction History

Shares in Thousands
0 5 10 15 20 25 30 35 40
>
No Data Available
There is no available information for this investment.
Sep
2023
    • Buy
    • Acquisition
    • Option Exercise
    • Disposition
    • Sell
Transaction Detail
No Data Available
There is no available information for this investment.

Ownership

Name
% Total
Shares Held
% Total
Assets
Trend
Prev. 8 Qtrs
Change Amount
Change %
Date
Motilal Oswal Midcap Reg Gr 3.40 6.83 35,027,075
26,975
0.08%
Feb 28, 2025
Motilal Oswal Flexicap Reg Gr 1.70 7.24 17,500,000
250,000
1.45%
Feb 28, 2025
Nomura India Investment Fund Mother Not Rated 1.17 2.14 12,029,300
3,526,984
41.48%
Jul 11, 2024
Nomura Fds India Equity I USD 0.64 3.54 6,651,990
-463,171
6.51%
Dec 31, 2024
Invesco India Equity C USD AD 0.61 2.59 6,270,000
Feb 28, 2025
Total (for Top 5) 7.51 77,478,365
3,340,788

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