What we do Kalyan Jewellers India Ltd designs, manufactures, and sells gold, studded, and other jewellery across price points with a strong pan-India and Middle East retail presence. |
Founded in 1,993 |
Market share One of India's largest jewellery companies with approximately 7% organized market share and expanding global footprint. |
Problem solved Provides transparent, quality-assured jewellery addressing customer trust issues with certified purity, pricing transparency, and localized offerings. |
Top clients or who we serve Serves B2C customers nationwide and overseas, catering to weddings, fashion, and daily wear jewellery segments with over 428 Indian showrooms. |
Key management T. S. Kalyanaraman (Managing Director), Vinod Rai (Independent Chairman), supported by an experienced professional management team. |
Our journey and innovations From a sole proprietorship in 1993 to a public company by 2016, expanding through retail outlets, franchise model, and e-commerce platform Candere. |
Where we operate India, Middle East, United States, United Kingdom with 428 Indian and 41 international showrooms as of FY25. |
Top products or what we offer Wide jewellery range including gold, diamond, polki, studded, bridal, occasion, and daily wear collections under multiple sub-brands. |
Top brands Kalyan Jewellers, Candere (online/digital-first), Mudhra, Rang, Aishwaryam, Nimah, Tejasvi, Ziah, and Hera. |
Raw materials needed Gold, diamonds, precious and semi-precious stones, metals required for jewellery manufacture. |
Raw materials supplier Supplied mainly by regional artisans and global suppliers through 15 procurement centres across key manufacturing regions. |
Recurring vs cyclical contribution Revenue is largely cyclical, driven by festive, wedding seasons, and discretionary consumer spending patterns. |
Our industry position Market leader in South India with expanding pan-India and Middle East presence strengthening organized jewellery retail. |
Financial highlights FY25 consolidated revenue ₹316,495 Mn, PAT ₹11,285 Mn, strong CAGR with improving ROCE of 28.2% and increased profitability margins. |
Geographical revenue split Majority from India (~₹21787 Cr), significant from Middle East (~₹3230 Cr), minor from USA and UK. |
Order book - |
Whats driving growth Growth driven by pan-India expansion, franchising, rising organized market share, digital initiatives, and increasing studded jewellery demand. |
Our future plans Further franchise expansion, new regional sub-brands launch, international market penetration, and capital-efficient growth strategies. |
Our green promise Committed to energy conservation, sustainable sourcing practices, and reducing operational waste. |
Our people and values 15,133 employees focusing on customer trust, transparency, and employee engagement with zero tolerance for harassment. |
Key challenges ahead Supply chain disruptions, market competition, gold price volatility, and evolving consumer preferences. |
Interesting facts Operates 388 global showrooms; first listed Indian jewellery retailer with significant franchise model expansion. |
Risks and strategy Mitigates risks via strong internal controls, diversified product offerings, technology adoption, and prudent financial management. |
