Kalyan Jewellers India Limited Overview
Pro stress-test →Kalyan Jewellers India Limited engages in the manufacture and retail of various gold and precious stone studded jewelry products, offering gold, diamond, silver, platinum, gemstone, and white and rose gold jewelries. The company operates showrooms in India and the Middle East, as well as My Kalyan Grassroots stores, and sells products through the online platform candere.com.
Strategic Profile
Pro stress-test →Kalyan Jewellers is one of the largest jewellery retailers in India based on revenue. India operations witnessed revenue growth of approximately 42% in Q3 FY26 driven by strong festive demand, with healthy same-store-sales-growth of approximately 27%. The company leverages a diversified brand portfolio and omnichannel presence to capture multiple market segments.
Competitive Landscape
Pro stress-test →Kalyan Jewellers operates in India's organized jewelry retail sector alongside major competitors like Titan Company (Tanishq brand) and smaller regional players. The company differentiates through its hyperlocal retail model, multi-brand strategy, and presence across India, Middle East, and USA. Growth drivers include organized retail consolidation and e-commerce expansion through candere.com.
Industry Context
Kalyan Jewellers India Limited operates in Retail Jewelry & Precious Metals.
Key facts
Founded: 1993 · Headquarters: Thrissur, India · Employees: 12,530 · Revenue: ₹31,649 Cr (FY25); ₹10,343 Cr (Q3 FY26 quarterly) · Market cap: ₹43,170 Cr (~$5.2B USD)