Kalyan Jewellers India Ltd
NSE:KALYANKJIL

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Kalyan Jewellers India Ltd Logo
Kalyan Jewellers India Ltd
NSE:KALYANKJIL
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Price: 413.9 INR 1.67%
Market Cap: ₹427.4B

Gross Margin

13.3%
Current
Declining
by 0.8%
vs 3-y average of 14.1%

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
13.3%
=
Gross Profit
₹42.1B
/
Revenue
₹316.3B

Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.

Gross Margin
13.3%
=
Gross Profit
₹42.1B
/
Revenue
₹316.3B

Peer Comparison

Country Company Market Cap Gross
Margin
IN
Kalyan Jewellers India Ltd
NSE:KALYANKJIL
427B INR
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FR
LVMH Moet Hennessy Louis Vuitton SE
PAR:MC
273.6B EUR
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FR
Hermes International SCA
PAR:RMS
216B EUR
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KR
SBW
KRX:102280
235.5T KRW
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FR
EssilorLuxottica SA
PAR:EL
110.8B EUR
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CH
Compagnie Financiere Richemont SA
SIX:CFR
96.2B CHF
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FR
Christian Dior SE
PAR:CDI
94.9B EUR
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IN
Titan Company Ltd
NSE:TITAN
3.8T INR
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FR
Kering SA
PAR:KER
35.4B EUR
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DE
Adidas AG
XETRA:ADS
28.9B EUR
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US
Tapestry Inc
NYSE:TPR
32.5B USD
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Market Distribution

Lower than 87% of companies in India
Percentile
13th
Based on 4 996 companies
13th percentile
13.3%
Low
-3 052.3% — 26.9%
Typical Range
26.9% — 53.3%
High
53.3% — 8 269.1%
Distribution Statistics
India
Min -3 052.3%
30th Percentile 26.9%
Median 39%
70th Percentile 53.3%
Max 8 269.1%

Kalyan Jewellers India Ltd
Glance View

Kalyan Jewellers India Ltd., a prominent player in the Indian jewelry retail industry, has built its reputation on a foundation of trust, transparency, and a client-first approach. This family-owned business, which was founded by T.S. Kalyanaraman in 1993 in Thrissur, Kerala, has grown exponentially over the decades. Initially a modest operation, Kalyan Jewellers has expanded its footprint across India with an extensive network of showrooms, reaching both urban and semi-urban markets. The brand is known for its wide range of meticulously crafted jewelry that caters to diverse tastes and occasions, from weddings to casual wear, thereby marrying traditional designs with contemporary styles to appeal to a broad demographic. This strategic focus on consumer needs and local tastes has been a significant factor in their sustained growth, making them a household name across the subcontinent. The company primarily generates revenue through its extensive line of gold, diamond, and other precious jewelry collections, along with branded and unbranded jewelry offerings. This diversified product line, coupled with an innovative approach to marketing—often leveraging high-profile brand ambassadors—facilitates a strong connection with customers. Kalyan Jewellers positions itself as a trustworthy brand by emphasizing high-quality products and transparent pricing policies, which include detailed breakups of costs, something relatively novel in the jewelry industry. Additionally, the company has ventured into e-commerce, complementing its physical stores and tapping into the growing online retail market, thereby enhancing its accessibility and reach. This blend of traditional charm with modern innovation enables Kalyan Jewellers to maintain robust sales and expand its market share both domestically and internationally.

KALYANKJIL Intrinsic Value
359.2 INR
Overvaluation 13%
Intrinsic Value
Price
What is Gross Margin?
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
How is Gross Margin calculated?

Gross Margin is calculated by dividing the Gross Profit by the Revenue.

Gross Margin
13.3%
=
Gross Profit
₹42.1B
/
Revenue
₹316.3B
What is Kalyan Jewellers India Ltd's current Gross Margin?

The current Gross Margin for Kalyan Jewellers India Ltd is 13.3%, which is below its 3-year median of 14.1%.

How has Gross Margin changed over time?

Over the last 3 years, Kalyan Jewellers India Ltd’s Gross Margin has decreased from 15.6% to 13.3%. During this period, it reached a low of 12.9% on Mar 31, 2025 and a high of 15.6% on Dec 31, 2022.

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