Kalyan Jewellers Key Ratios
NSE: KALYANKJIL | BSE: 543278
₹601.15
As on 11-Sep-2026IST
Market cap
₹62,032 Cr
Revenue (TTM)
₹39,063 Cr
P/E Ratio
43.2
P/B Ratio
9.3
Div. Yield
0.4 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 3.06 | 45.68 | 45.84 | 37.23 | 32.88 |
| EBIT | -16.89 | 26.12 | 68.40 | 33.08 | 41.77 |
| Net Profit | -14.86 | 32.03 | 82.97 | 43.73 | 291.64 |
| EPS | -14.86 | 31.92 | 78.93 | 45.05 | 120.09 |
| Book Value | -- | -- | 31.26 | 20.03 | 17.34 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 5.55 | 5.78 | 5.57 | 5.97 | 4.94 |
| Net Margin
| 3.59 | 2.98 | 3.65 | 3.76 | 2.84 |
| Return on equity
| 17.74 | 15.16 | 25.16 | 24.34 | 15.92 |
| Return on Capital
| 21.12 | 16.49 | -- | 24.86 | 17.70 |
| Return on Assets
| 6.32 | 4.74 | 8.01 | 7.20 | 4.91 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.65 | 0.69 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
24.86
|
17.70
|
15.93
|
13.56
|
|
Peer Median
|
--
|
22.92
|
19.60
|
14.33
|
--
|
ROE
25.16
Higher than Peers by 10.36
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
25.16
|
24.34
|
15.92
|
15.26
|
12.76
|
|
Peer Median
|
14.80
|
24.34
|
18.72
|
14.72
|
--
|
ROA
8.01
Lower than Peers by 0.00
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
8.01
|
7.20
|
4.91
|
4.87
|
4.26
|
|
Peer Median
|
8.01
|
11.36
|
8.50
|
6.12
|
--
|
EBIT Margin
5.57
Lower than Peers by 0.36
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
5.57
|
5.97
|
4.94
|
5.73
|
6.54
|
|
Peer Median
|
5.93
|
9.46
|
6.38
|
6.02
|
--
|
Net Margin
3.65
Lower than Peers by 0.19
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
3.65
|
3.76
|
2.84
|
3.20
|
3.06
|
|
Peer Median
|
3.85
|
5.02
|
3.45
|
2.99
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
4.96
|
4.22
|
4.70
|
4.81
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
45.84
Higher than Peers by 23.67
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
45.84
|
42.71
|
35.27
|
31.58
|
30.08
|
|
Peer Median
|
22.17
|
41.39
|
23.84
|
25.90
|
--
|
EBIT Growth
68.40
Higher than Peers by 40.84
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
68.40
|
72.54
|
16.63
|
15.28
|
48.22
|
|
Peer Median
|
27.56
|
77.52
|
24.42
|
28.80
|
--
|
Net Profit Growth
82.97
Higher than Peers by 49.03
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
82.97
|
89.09
|
19.77
|
38.05
|
92.80
|
|
Peer Median
|
33.94
|
93.38
|
24.87
|
36.51
|
--
|
EPS Growth
78.93
Higher than Peers by 54.91
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
78.93
|
88.68
|
19.50
|
37.92
|
93.17
|
|
Peer Median
|
24.01
|
77.71
|
18.33
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
31.42
|
14.77
|
14.95
|
15.86
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
0.65
|
0.69
|
0.80
|
0.97
|
|
Peer Median
|
0.00
|
0.53
|
0.66
|
0.87
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
0.65
|
0.69
|
0.79
|
0.96
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.30
Lower than Peers by 0.60
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
1.30
|
1.27
|
1.27
|
1.28
|
1.30
|
|
Peer Median
|
1.90
|
1.97
|
2.04
|
1.82
|
--
|
Quick Ratio
0.17
Lower than Peers by 0.27
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
0.17
|
0.25
|
0.25
|
0.25
|
0.26
|
|
Peer Median
|
0.44
|
0.91
|
0.73
|
1.04
|
--
|
Interest Coverage
5.37
Higher than Peers by 0.05
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
5.37
|
4.61
|
3.27
|
3.08
|
2.62
|
|
Peer Median
|
5.33
|
6.74
|
4.21
|
3.25
|
--
|
Operating Efficiency
Debtors to sales
2.22
Lower than Peers by 1.50
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
2.22
|
2.42
|
1.60
|
1.77
|
1.74
|
|
Peer Median
|
3.72
|
8.19
|
6.59
|
5.85
|
--
|
Asset Turnover
2.18
Higher than Peers by 0.63
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
2.18
|
1.90
|
1.72
|
1.51
|
1.39
|
|
Peer Median
|
1.55
|
1.83
|
1.68
|
1.88
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
6.47
|
5.31
|
5.64
|
4.72
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
121.81
|
131.01
|
150.92
|
166.12
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
33.57
|
36.02
|
36.15
|
28.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
--
|
94.70
|
100.30
|
120.41
|
142.41
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
43.23
Higher than Peers by 25.30
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
43.23
|
28.74
|
67.41
|
73.80
|
25.06
|
|
Peer Median
|
17.93
|
18.71
|
32.79
|
41.99
|
--
|
Price / Book Value
9.33
Higher than Peers by 6.07
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
9.33
|
6.16
|
10.05
|
10.55
|
2.99
|
|
Peer Median
|
3.26
|
3.81
|
5.02
|
5.17
|
--
|
Dividend Yield
0.42
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
0.42
|
0.67
|
0.32
|
0.28
|
0.47
|
|
Peer Median
|
--
|
--
|
--
|
0.10
|
--
|
EV/EBITDA
23.04
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
23.04
|
15.21
|
29.25
|
32.21
|
11.12
|
|
Peer Median
|
--
|
15.98
|
31.45
|
31.33
|
--
|
Market Cap
62,032
Higher than Peers by 58,408
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Kalyan Jewellers
|
62,032
|
38,817
|
48,184
|
44,086
|
10,852
|
|
Peer Median
|
3,625
|
2,084
|
3,627
|
1,771
|
--
|