Kalyan Jewellers Reports Growth Across India and International Markets in Q4 FY2026

Kalyan Jewellers Reports Growth Across India and International Markets in Q4 FY2026​

Kalyan Jewellers India Ltd has reported encouraging growth metrics for the quarter ending March 31, 2026. The company noted significant revenue increases across its India and international operations, alongside strong performance from its digital platform, Candere.

For the recently concluded quarter, the company recorded consolidated revenue growth of approximately 64% compared to the same period in the previous financial year. On a full year basis for FY2026, the consolidated revenue growth stood at approximately 42% compared to the prior year.

Operational Highlights by Segment​

The India operations demonstrated robust performance in Q4 FY2026. Revenue growth in India surpassed 65% when compared to Q4 FY2025. This surge was attributed primarily to strong same-store-sales-growth (SSSG) observed across most key markets. The Indian business also saw same-store-sales-growth exceeding 45% during the quarter. For the full year FY2026, the India business reported a revenue growth of approximately 43% versus the preceding year.

International operations recorded revenue growth of approximately 45% for Q4 FY2026 compared to Q4 FY2025. Within the Middle East segment, revenue growth was approximately 39% for Q4 FY2026 versus Q4 FY2025, which the company stated was predominantly driven by same-store-sales-growth. International markets contributed approximately 11% to the consolidated revenue for the recently concluded quarter. Overall, the International business recorded a revenue growth of approximately 33% for the full year FY2026 compared to the prior year.

The digital-first jewellery platform, Candere, showed substantial expansion. Candere recorded a revenue growth exceeding 360% during the recently concluded quarter compared to the same period last year. For the full year FY2026, Candere reported a revenue growth of approximately 160% compared to the prior year.

Showroom Expansion and Market Status​

During the recent quarter, the company launched 28 net new Kalyan showrooms in India and 14 Candere showrooms. As of March 31, 2026, the total number of showrooms stood at 507 across India and international markets. This total comprises 342 Kalyan India showrooms, 38 Kalyan Middle East showrooms, 2 Kalyan USA showrooms, 1 Kalyan UK showroom, and 124 Candere showrooms.

The company noted that the initial weeks of March saw customer walk-ins impacted by the ongoing geopolitical situation in the region, although showrooms remained open. The subsequent excellent sales recorded during the last 10 days of the month helped offset the impact of reduced customer footfall during the rest of the month.

Looking ahead, the firm expressed optimism about the current quarter, citing strong footfalls in most markets and encouraging trends in advance collections for both Akshaya Tritiya and wedding purchases for the festive/wedding season.

KALYANKJIL Stock Price Movement​

At the close of trade on Monday, shares of Kalyan Jewellers India Limited surged by 6.5% to trade at ₹420. The stock displayed strong conviction throughout the day, finishing near its high of ₹421.95 amid robust trading volume of over 12 million shares.

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