Kalyan Jewellers India Limited has informed the Exchange about Transcript
KALYANKJIL · price
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Kalyan Jewellers reported a strong Q4 FY25 with consolidated revenue of INR 6,182 crores, up 36% year-on-year, and profit after tax of INR 188 crores. For the full year FY25, consolidated revenue crossed INR 25,000 crores with PAT of INR 714 crores, supported by 38% revenue growth in the standalone India business. The company opened 76 Kalyan showrooms, 60 Candere stores, and its first US showroom during the year, while reducing India debt by INR 250 crores (about INR 520 crores over two years). Management guided for PBT margins above 5% in FY26 (compared to 3.8% in FY25) and plans to open 170 showrooms while targeting another INR 350-400 crores of debt reduction. A dividend of around INR 150 crores, representing over 20% payout, was recommended by the board.
Strong revenue growth, clear margin expansion guidance, and a defined debt reduction roadmap should be viewed positively by investors. The Candere push toward profitability and international store additions also signal confidence in future growth, though higher gold metal loan interest rates (now 5-5.5%) remain a near-term cost headwind.