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Kalyan Jewellers Stock Jumps 4% In Early Trade On Robust Q4 Performance

  • By Kotak News Desk
  • 07 Apr 2026 at 12:02 PM IST
  • Market News
  •  4 minutes read
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Kalyan Jewellers shares rose 4% in early trade on the BSE after the company reported 64% revenue growth in Q4, led by strong India demand, steady international business, and sharp growth in its digital platform Candere.

Kalyan Jewellers India shares rose as much as 4% to ₹437.45 in early trade on the Bombay Stock Exchange (BSE) on Tuesday. It came after the company reported a sharp jump in revenue for the March quarter.

The company posted consolidated revenue growth of around 64% year-on-year (YoY) in Q4 FY2026. At 10:37 am, Kalyan Jewellers India shares were trading at ₹417.40 a piece on the BSE.

The other Q4 highlights of Kalyan Jewellers included:

  • Revenue growth from domestic business exceeded 65%

  • Same-store sales growth crossed 45%

  • International business grew by 45%

  • Middle East revenue increased by 39%

India remained the key growth driver during the quarter. The company said demand stayed strong across both wedding and discretionary segments. This came even as gold prices saw swings during the quarter.

International operations also reported healthy traction. Sales improved in the last 10 days of Ramadan, which helped offset the earlier impact. For the full year FY2026, the international business posted revenue growth of about 33%. It contributed nearly 11% to consolidated revenue in the March quarter.

Meanwhile, the company’s digital-first platform, Candere, reported strong growth. Revenue from Candere jumped over 360% YoY in Q4. For the full year, it grew around 160%, reflecting rising online demand and store expansion.

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Kalyan Jewellers expanded its retail footprint during the quarter.

  • 28 showrooms launched under the Kalyan brand in India (net addition of 24)

  • 14 new Candere showrooms added

The company said supply-side disruptions in West Asia, linked to geopolitical issues, delayed some planned showroom launches in March. As of 31 March 2026, total showroom count stood at 507, with 342 in India, 38 in the Middle East, 2 in the US, 1 in the UK, and 124 under Candere.

Sources:

The Economic Times

Livemint

This article is for informational purposes only and does not constitute financial advice. It is not produced by the desk of the Kotak Securities Research Team, nor is it a report published by the Kotak Securities Research Team. The information presented is compiled from several secondary sources available on the internet and may change over time. Investors should conduct their own research and consult with financial professionals before making any investment decisions. Read the full disclaimer here.

Investments in securities market are subject to market risks, read all the related documents carefully before investing. Brokerage will not exceed SEBI prescribed limit. The securities are quoted as an example and not as a recommendation. SEBI Registration No-INZ000200137 Member Id NSE-08081; BSE-673; MSE-1024, MCX-56285, NCDEX-1262.

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