In a BSE release, the company outlined its quarterly highlights for Q3 FY2026, providing a detailed overview of its revenue and operational performance across domestic and international markets.
India operations: Revenue grew about 42% compared to Q3 FY2025, supported by strong demand during and after the Diwali festival, despite fluctuations in gold prices. Both plain gold and studded jewellery segments saw broad-based growth. Same-store sales increased by approximately 27%.
International operations: Revenue rose around 36% year on year, with the Middle East market contributing a 28% increase in sales, largely from same-store growth. International markets accounted for roughly 11% of consolidated revenue.
Digital platform Candere: Revenue surged approximately 147% compared to the same period last year.
Expansion: The quarter saw the launch of 21 Kalyan showrooms in India, one in the UK and 14 Candere showrooms in India. By December 31, 2025, the company operated a total of 469 showrooms globally: 318 in India under Kalyan, 38 in the Middle East, two in the USA, one in the UK and 110 under Candere.
In terms of valuation, Kalyan Jewellers India has a PE ratio of 55.47, a price-to-sales ratio of 1.92 and a price-to-book ratio of 10.75.According to Trendlyne data, on the technical front, Kalyan Jewellers India has a 14-day Relative Strength Index (RSI) of 58.0. Since an RSI below 30 typically indicates that a stock is oversold, and an RSI above 70 suggests it is overbought, the current level points to neutral to slightly bullish momentum. In terms of moving averages, the stock is trading above six out of eight simple moving averages (SMAs), which indicates a generally bullish trend.
In its September 2025 quarterly results, Kalyan Jewellers posted revenue of Rs 7,907 crore, marking a 29.8% increase compared to the same quarter last year. The company’s net profit surged to Rs 261 crore, nearly doubling with a 99.5% year-on-year growth, reflecting improved operational efficiency and strong consumer demand.
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