Kalyan Jewellers India Limited has released its Q1FY27 performance highlights, reporting a substantial 46% year-on-year revenue growth to ₹1,05,889 Mn. The company also saw significant increases in Gross Profit (25%) and PAT (32%). The presentation details strong India and Middle East performance, strategic priorities focusing on expansion and customer reach, and a robust financial outlook, underscoring the company’s capital-efficient growth strategy.
Kalyan Jewellers India Limited Reports Strong Q1FY27 Performance
Kalyan Jewellers India Limited has announced its financial results for the first quarter of FY27 (Q1FY27), showcasing robust growth across key metrics. Consolidated revenue surged by 46% year-on-year to ₹1,05,889 Mn, compared to ₹72,685 Mn in Q1FY26. This significant revenue jump reflects strong performance in both domestic and international markets.
Key Financial Highlights (Q1FY27 vs Q1FY26)
- Revenue: Increased by 46% to ₹1,05,889 Mn.
- Gross Profit: Grew by 25% to ₹12,638 Mn.
- EBIDTA: Rose by 25% to ₹6,325 Mn.
- PAT: Increased by 32% to ₹3,487 Mn.
The company also presented detailed performance summaries for India and the Middle East. In India, revenue grew by 38% to ₹85,033 Mn, driven by healthy same-store-sales growth (SSSG) of 28%. The Middle East region also witnessed a revenue increase of 29% to ₹13,201 Mn, primarily led by SSSG of approximately 25%.
Strategic Priorities and Outlook
The investor presentation outlines Kalyan Jewellers’ strategic priorities, focusing on leveraging a scalable business model, expanding showroom networks, diversifying distribution channels, widening product offerings, and deepening customer outreach through its ‘My Kalyan’ network. The company is also investing in CRM, marketing, and analytics to enhance customer engagement and drive sales. The way forward emphasizes same-store sales growth, a strong return profile, continued India and international expansion, and rewarding shareholders. The company is pursuing a capital-light franchise store strategy, focusing on free cash generation and deleveraging.
Balance Sheet Strengthening
Kalyan Jewellers continues to focus on strengthening its balance sheet. As of March 31, 2026, the company maintained a healthy Net Debt to Equity ratio of 0.5x (including GML). ROCE and ROE have shown significant improvement, with ROCE at 30.3% and ROE at 25.8% for the TTM period.
Source: BSE
