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Kalyan Jewellers India
Kalyan Jewellers India (KALYANKJIL) investor relations material
Kalyan Jewellers India Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary6 Feb, 2026
Executive summary
Achieved consolidated revenue of ₹1,03,434 million in Q3 FY26, up 42% year-over-year, with PAT of ₹4,163 million, up 90% year-over-year, driven by strong festive sales, robust same-store sales growth, and network expansion.
Candere, the e-commerce segment, turned PAT-positive and posted significant revenue growth, with ongoing expansion and inventory enhancement plans.
Continued focus on capital-efficient growth, deleveraging, and shareholder returns through dividends.
Appointment of two new Non-Executive Independent Directors and incorporation of a wholly owned subsidiary were approved.
Financial highlights
Q3 consolidated revenue reached ₹1,03,434 million, up from ₹72,780.92 million YoY; PAT was ₹4,162.98 million, up from ₹2,186.81 million YoY.
Q3 India revenue grew 42% YoY to ₹90,477 million; PAT up 84% YoY to ₹4,008 million.
Middle East Q3 revenue up 28% YoY to ₹10,726 million; PAT up 54% YoY to ₹236 million.
Gross profit margin improved to 13.1% in Q3 FY26 (consolidated).
One-time exceptional item of ₹415 million due to changes in employee benefit provisions from new Labour Codes.
Outlook and guidance
Q4 has started strong with continued customer traction and robust store momentum, despite gold price volatility.
Expansion to focus on capital-light FOCO franchise model, with 80-90 new stores annually in India and 6-7 in the Middle East; 84 new FOCO showrooms planned in India for FY26.
Regional brand launch planned for Goa in the current quarter, with accelerated Candere showroom rollout and localized designs.
The impact of the new Labour Codes will be further evaluated as the government notifies related rules.
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Next Kalyan Jewellers India earnings date
Q4 25/268 May, 2026
Kalyan Jewellers India
Next Kalyan Jewellers India earnings date
Q4 25/268 May, 2026
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Frequently asked questions
Kalyan Jewellers India Limited is an India-based company engaged in the design, manufacture, and retail of jewelry. The company offers a wide range of gold, diamond, platinum, and studded jewelry catering to diverse consumer preferences and cultural traditions. It operates through an extensive network of showrooms across India and select international markets, serving a broad customer base. The company is headquartered in Thrissur, India, and its shares are listed on the National Stock Exchange of India.
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