Kalyan Jewellers is a leading Indian jewelry retailer, known for its exquisite collection of gold, diamond, and precious stone jewelry. The company is known by their work, service and customer’s trust.
At time many conflicts are seen in worldwide countries. War like situation is very dangerous for share market, and same problem can be seen by us. Iran and Israel are in warlike situation, so effects of that matter can be seen in Indian share market also. Many foreign investors withdraw their money from Indian market. Total Rs 85,790 crore are taken back by foreign investors from Indian market in only month of October and because of this reason Indian market rapidly going to down. A sharp decline come in market. Kalyan Jewellers also face this decline.
The market value of Kalyan Jewellers in the day of September 30 is ₹724.70 in National Stock Exchange(NSE). After a month the value of Kalyan Jewellers share in ₹672.30 at opening time in day of October 28. Total 5% downfall in share prize.
After a big downfall in share market this time is best time to invest in Kalyan Jewellers share. Kalyan Jewellers share is fully depend on Gold Price. With the time gold is going to their full expensiveness, so Kalyan Jewellers share is best choice to invest.
Report of last 30 days of Kalyan Jewellers Share :
| DATE | PRICE |
| 30 September 2024 | ₹724.70 |
| 28 October 2024 | ₹672.30 |
Report of last 7 days of Kalyan Jewellers Share :
| DATE | PRICE |
| 21 October 2024 | ₹715.20 |
| 28 October 2024 | ₹672.30 |
Report of last 1 year of Kalyan Jewellers Share:
| LOWER CIRCUIT | UPPER CIRCUIT | |
| PRICE | ₹278.10 | ₹786.25 |
Company Fundamentals
| Mkt Cap | ₹69,314 Cr |
| P/E Ratio(TTM) | 109.83 |
| P/B Ratio | 16.54 |
| Industry P/E | 78.79 |
| Debt to Equity | 1.07 |
| ROE | 14.26% |
| EPS (TTM ) | 6.12 |
| Div Yield | 0.18% |
| Book Value | 40.63 |
| Face Value | 10 |
Financials :
In Q4 FY2024, Kalyan Jewellers reported a 34% increase in consolidated revenue compared to the previous year, driven by same-store sales growth and new showrooms. The company’s revenue for the 2023-24 fiscal year saw a 31% growth despite rising gold prices.
Yearly Report:
Quaterly Report:
Shareholding Pattern
About Company :
Kalyan Jewellers, founded in 1993 by Mr. T.S. Kalyanaraman, is one of India’s largest jewellery companies. Headquartered in Thrissur, Kerala, the company has grown significantly, establishing a presence both domestically and internationally.
History
Kalyan Jewellers was established by T.S. Kalyanaraman, leveraging his family’s experience in the textile and retail industries. The first store opened in Thrissur, Kerala in 1993. Following the success of the initial store, Kalyanaraman’s sons, Rajesh Kalyanaraman and Ramesh Kalyanaraman, joined the family business. Their involvement facilitated the company’s expansion and diversification into new markets and product offerings. As of July 31, 2024, Kalyan Jewellers operates 277 showrooms across India and the Middle East.
Expansion and Growth
Kalyan Jewellers has expanded by targeting both major metropolitan areas and tier-2 and tier-3 cities in India. It has over 200 stores in India and a significant presence in the Middle East, with stores in the UAE, Qatar, Oman and Kuwait.
Warburg Pincus India, in 2014, picked up a minority stake in Kalyan Jewellers for Rs 700 crore and a second tranche of ₹500 crore in 2017, representing the largest such investment in the jewellery industry in India.
The company’s international expansion aims to cater to the global Indian diaspora. In 2021, Kalyan Jewellers went public with an initial public offering (IPO). The company has also enhanced its online presence to meet evolving customer needs.
.In 2022, the company onboarded, Mr. Vinod Rai as their chairperson and independent non-executive director. Vinod Rai was the former Comptroller and Auditor General of India (CAG) and the former chair of the United Nations Panel of External Auditors.
Candere by Kalyan Jewellers.
In 2017, Kalyan Jewellers acquired a majority stake in Candere, an e-commerce jewellery platform. This acquisition enabled Kalyan Jewellers to establish an online presence. In May 2024, Kalyan Jewellers fully acquired Candere, which now operates as a retail brand offering jewellery through both its website and retail stores.
Advertising and Brand Ambassadors
Kalyan Jewellers has engaged several high-profile celebrities as brand ambassadors, including Amitabh Bachchan, Jaya Bachchan, Katrina Kaif, and Nagarjuna. These endorsements have boosted the brand’s visibility.
Mr. T.S. Kalyanaraman has also released an autobiography called the “Golden Touch”: The success story of Kalyan Jewellers which has been well received by many budding entrepreneurs. The book is a personal account of his journey from humble beginnings in Thrissur to establishing one of the largest jewellery chains in the country.
Also visit : https://www.kalyanjewellers.net/
Details about product : www.candere.com
Kalyan Jewellers is synonymous with trust, quality, and craftsmanship, making it a preferred choice for jewelry enthusiasts worldwide.
Share this content: