Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Kalyan Jewellers India Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 3,382 | 4,376 | 4,415 | 5,223 | 4,525 | 5,528 | 6,065 | 7,278 | 6,182 | 7,268 | 7,856 | 10,343 | 10,275 |
| Expenses + | 3,125 | 4,053 | 4,101 | 4,853 | 4,229 | 5,159 | 5,738 | 6,848 | 5,782 | 6,760 | 7,359 | 9,593 | 9,539 |
| Operating Profit | 257 | 323 | 314 | 370 | 296 | 368 | 327 | 430 | 399 | 508 | 497 | 750 | 736 |
| OPM % | 8% | 7% | 7% | 7% | 7% | 7% | 5% | 6% | 6% | 7% | 6% | 7% | 7% |
| Other Income + | -19 | 12 | 13 | 20 | 39 | 30 | 26 | 40 | 41 | 46 | 51 | 23 | 46 |
| Interest | 80 | 82 | 82 | 82 | 78 | 85 | 90 | 88 | 96 | 104 | 95 | 104 | 130 |
| Depreciation | 63 | 64 | 67 | 70 | 74 | 75 | 85 | 89 | 93 | 98 | 103 | 109 | 113 |
| Profit before tax | 95 | 188 | 178 | 239 | 184 | 237 | 178 | 294 | 251 | 353 | 350 | 560 | 539 |
| Tax % | 26% | 24% | 24% | 24% | 25% | 25% | 27% | 26% | 25% | 25% | 26% | 26% | 24% |
| Net Profit + | 70 | 144 | 135 | 180 | 137 | 178 | 130 | 219 | 188 | 264 | 261 | 416 | 410 |
| EPS in Rs | 0.68 | 1.40 | 1.31 | 1.75 | 1.34 | 1.72 | 1.27 | 2.12 | 1.82 | 2.56 | 2.52 | 4.03 | 3.97 |
Financials of Kalyan Jewellers India Ltd
Annual income statement trend
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Sales + | 10,505 | 9,771 | 10,101 | 8,573 | 10,818 | 14,071 | 18,516 | 25,045 | 35,743 |
| Expenses + | 9,732 | 9,151 | 9,302 | 7,949 | 9,965 | 12,906 | 17,180 | 23,461 | 33,252 |
| Operating Profit | 774 | 620 | 799 | 624 | 853 | 1,165 | 1,335 | 1,585 | 2,491 |
| OPM % | 7% | 6% | 8% | 7% | 8% | 8% | 7% | 6% | 7% |
| Other Income + | 32 | 42 | 80 | 45 | 38 | 5 | 106 | 140 | 167 |
| Interest | 390 | 418 | 419 | 405 | 360 | 353 | 379 | 422 | 433 |
| Depreciation | 202 | 224 | 239 | 225 | 232 | 245 | 274 | 343 | 423 |
| Profit before tax | 214 | 21 | 221 | 39 | 299 | 572 | 789 | 960 | 1,802 |
| Tax % | 34% | 123% | 36% | 115% | 25% | 24% | 24% | 26% | 25% |
| Net Profit + | 141 | -5 | 142 | -6 | 224 | 432 | 596 | 714 | 1,350 |
| EPS in Rs | 1.70 | -0.04 | 1.70 | -0.06 | 2.18 | 4.20 | 5.80 | 6.93 | 13.08 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 12% | 21% | 22% | 19% |
Financials of Kalyan Jewellers India Ltd
Capital structure and asset base
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 839 | 839 | 839 | 1,030 | 1,030 | 1,030 | 1,030 | 1,031 | 1,033 |
| Reserves | 1,012 | 1,046 | 1,203 | 1,796 | 2,107 | 2,605 | 3,159 | 3,772 | 5,276 |
| Borrowings + | 4,196 | 3,907 | 3,759 | 3,378 | 4,029 | 4,295 | 4,495 | 4,959 | 6,117 |
| Other Liabilities + | 2,503 | 2,268 | 2,417 | 2,661 | 1,779 | 2,783 | 4,134 | 5,363 | 8,291 |
| Total Liabilities | 8,551 | 8,060 | 8,219 | 8,865 | 8,945 | 10,713 | 12,818 | 15,126 | 20,717 |
| Fixed Assets + | 1,879 | 2,152 | 2,167 | 1,899 | 1,921 | 1,903 | 2,299 | 2,846 | 3,312 |
| CWIP | 18 | 22 | 24 | 53 | 2 | 20 | 49 | 8 | 18 |
| Investments | 1 | 3 | 0 | 0 | 1 | 4 | 4 | 5 | 6 |
| Other Assets + | 6,654 | 5,884 | 6,027 | 6,913 | 7,021 | 8,785 | 10,465 | 12,267 | 17,382 |
| Total Assets | 8,551 | 8,060 | 8,219 | 8,865 | 8,945 | 10,713 | 12,818 | 15,126 | 20,717 |
Financials of Kalyan Jewellers India Ltd
Operating, investing and financing cash movement
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 320 | 629 | 245 | 1,013 | 1,322 | 1,209 | 1,318 | ||
| Cash from Investing Activity + | 34 | -217 | 64 | -384 | -137 | -177 | -118 | ||
| Cash from Financing Activity + | -343 | -208 | -524 | -638 | -1,148 | -840 | -1,264 | ||
| Net Cash Flow | 11 | 204 | -216 | -8 | 37 | 193 | -64 | ||
| Free Cash Flow | 212 | 581 | 154 | 827 | 1,061 | 790 | 939 | ||
| CFO/OP | 41% | 110% | 47% | 98% | 116% | 91% | 70% |
Financials of Kalyan Jewellers India Ltd
Working capital efficiency and return ratios
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 6 | 5 | 8 | 5 | 4 | 6 | 6 | 6 | 9 |
| Inventory Days | 208 | 200 | 205 | 272 | 232 | 216 | 191 | 162 | 167 |
| Days Payable | 31 | 19 | 24 | 35 | 26 | 37 | 45 | 39 | 40 |
| Cash Conversion Cycle | 184 | 187 | 189 | 241 | 210 | 185 | 153 | 129 | 136 |
| Working Capital Days | -11 | -12 | -5 | 10 | 30 | 30 | 25 | 23 | 30 |
| ROCE % | 7% | 11% | 7% | 10% | 13% | 14% | 15% | 21% |