Latest news with #KalyanJewellers'
Time of India
13-05-2025
- Business
- Time of India
I-Sec maintains Add on Kalyan Jewellers, raises target price to Rs 550
ICICI Securities has maintained Add call on Kalyan Jewellers with a target price of Rs 550. The current market price of Kalyan Jewellers is Rs 534.9. Kalyan Jewellers, incorporated in the year 2009, is a Small Cap company (having a market cap of Rs 55377.77 Crore) operating in Gems and Jewellery sector. Kalyan Jewellers' key products/revenue segments include Diamonds/Gems/Jewellery and Other Operating Revenue for the year ending 31-Mar-2024. Financials For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 6222.36 crore, down -14.97% from last quarter Total Income of Rs 7318.20 crore and up 36.34% from last year same quarter Total Income of Rs 4563.73 crore. The company has reported net profit after tax of Rs 187.60 crore in the latest quarter. The company?s top management includes Rai, Mr.T S Kalyanaraman, Mr.T K Ramesh, Mr.T K Seetharam, Nair, Kumar Saraf, Mr.A D M Chavali, Mr.T S Anantharaman, Jayendra Udeshi, Rai, Sadasivan Nair, Mr.T S Kalyanaraman, Mr.T K Ramesh, Mr.T K Seetharam, Nair, Kumar Saraf, Mr.A D M Chavali, Mr.T S Anantharaman, Jayendra Udeshi, Sadasivan Nair. Company has Deloitte Haskins & Sells LLP as its auditors. As on 31-03-2025, the company has a total of 103 crore shares outstanding. Live Events Investment Rationale ICICI Securities increases the EBITDA estimates by ~2% for FY27E, modelling revenue / EBITDA / PAT CAGRs of 28% / 32% / 49% over FY254-FY27E. The brokerage maintains ADD with a DCF-based revised target price of Rs 550 (vs Rs 520). At our target price, the stock will trade at a multiple of 35x FY27E EPS. Key risks include delay in showroom expansion and potentially higher competitive intensity in core south India markets. Promoter/FII Holdings Promoters held 62.85 per cent stake in the company as of 31-Mar-2025, while FIIs owned 16.89 per cent, DIIs 11.97 per cent.
News18
09-05-2025
- Business
- News18
Kalyan Jewellers Shares Surge On Friday Despite Weak Markets, Why Is Stock Rising?
Last Updated: Kalyan Jewellers Share Price: Kalyan Jewellers shares up 3 per cent intraday despite weak market conditions. Why is stock rising? Kalyan Jewellers: Kalyan Jewellers India Ltd's shares gained 3 per cent intraday on Friday despite volatile market conditions triggered by the escalation of India-Pakistan tensions following Operation Sindoor. The surge in jewellery stock came post its robust quarterly earnings for the quarter ended March 31, 2025. Stocks were trading at Rs 520.50 apiece with a gain of 1.80 per cent around 1:50 pm. The scrip earlier opened at Rs 496.30 apiece, against the previous day close at Rs 511.30 apiece. Kalyan Jewellers' current market cap stands at Rs 53,686.21 crore, and is part of BSE 500. Kalyan Jewellers Q4 FY25 Results The company recorded consolidated revenue of Rs 25,045 crore in FY25 as against Rs 18,516 crore in the previous financial year, a growth of 35%. Consolidated PAT for FY25 was Rs 714 crore as against a PAT of Rs 596 crore in the previous financial year. Consolidated revenue and PAT for Q4 FY25 was Rs 6,182 Cr and Rs 188 Cr respectively, a growth of 37% and 36% respectively. Standalone revenue (India) and PAT for Q4 FY25 was Rs 5,350 Cr and Rs 185 Cr respectively, a growth of 38% and 41% respectively. Middle East revenue and PAT for Q4 FY25 was Rs 784 Cr and Rs 12 Cr respectively, a growth of 26% and 22% respectively. Middle East revenue and PAT for Q4 FY25 was Rs 784 Cr and Rs 12 Cr respectively, a growth of 26% and 22% respectively. The lifestyle jewellery platform Candere, recorded a revenue of 28 Crs and net loss of 12 Crs for Q4 FY25. Mr Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers India Limited said, 'We had an excellent start to the current financial year despite continuing volatility in gold prices carrying forward the momentum in business from the previous financial year. We witnessed robust growth in our Akshaya Tritiya sale this year and we continue to see encouraging momentum in consumer demand, especially around the wedding purchases during the current quarter." First Published: May 09, 2025, 14:27 IST
Fashion Value Chain
02-05-2025
- Business
- Fashion Value Chain
Instamart & Kalyan Jewellers Deliver Gold for Akshaya Tritiya
In a festive-first, Instamart has partnered with Kalyan Jewellers, enabling doorstep delivery of certified gold and silver coins just in time for Akshaya Tritiya across 100 Indian cities. Launched on April 25, this initiative marks Kalyan Jewellers' debut in the quick commerce space, offering consumers BIS-hallmarked gold coins (0.5g & 1g) and 999-pure silver coins (5g, 10g, 20g), adorned with auspicious motifs such as Ganesh, Lakshmi, Ayodhya, and Swastik. These coins are perfect for gifting, investment, or spiritual rituals, and will remain available year-round on Instamart beyond the festival. The partnership blends tradition with convenience, bringing precious metals to consumers within minutes, just like groceries. Amitesh Jha, CEO of Instamart, shared, 'As consumers lean into quick commerce even for festive essentials, this collaboration brings trust and ease to age-old traditions.' To celebrate, Instamart launched InstaGold, an interactive installation in Hyderabad where participants picked from hundreds of gold-foil chocolate coins—five of which were real gold. The activation brought the joy and suspense of Akshaya Tritiya to life. Ramesh Kalyanaraman, Executive Director, Kalyan Jewellers, said, 'This partnership offers an innovative, convenient way to honor tradition. Customers can now access trusted gold and silver coins instantly, right from home.' With this move, Instamart positions itself as a destination for festive moments, not just everyday needs—offering speed, trust, and cultural relevance in every delivery.
