Kalyan Jewellers India Limited — PPTs, 30-01-2025: Investor Presentation

**Financial Highlights:**

Kalyan Jewellers reported consolidated revenues of ₹2,34,228 Mn over the last twelve months, marking a significant increase with a profit after tax of ₹6,641 Mn. The company demonstrated strong growth in Q3 FY25, achieving revenue of ₹72,869 Mn, up 40% YoY, with healthy same-store sales growth of 24%. The EBITDA stood at ₹4,388 Mn, reflecting an 18% growth rate.

**Strategic Initiatives and Growth Drivers:**

The company is focusing on a capital-efficient franchise model, with plans to open 80 new FOCO showrooms in FY25. Additionally, the "My Kalyan" customer outreach program continues to expand, enhancing market penetration in underrepresented regions. The strategy aims to leverage existing investments while maintaining robust compliance with the brand’s standards.

**Business Developments:**

Kalyan Jewellers has added 24 new showrooms during the last quarter, signaling aggressive expansion. The launch of FOCO stores continues, with existing conversions from owned to franchisee-operated models, highlighting a shift towards a more capital-light expansion strategy.

**Market Position and Competitive Advantage:**

Kalyan Jewellers capitalizes on a strong brand reputation built on trust and transparency, complemented by a wide network across India and internationally. The strategic emphasis on organized retail is expected to drive growth within India's shifting jewellery landscape.

**Investor Implications:**

The positive financial results alongside strategic expansion plans position Kalyan Jewellers favorably for continued growth, presenting potential opportunities for investors, especially given ongoing development and performance metrics that showcase resilience and adaptability in the market.