Kalyan Jewellers India Limited — PPTs, 07-08-2025: Investor Presentation

**1. Financial Highlights:**

Consolidated revenue for the quarter grew 31% year-on-year to ₹726.85 Cr; profit after tax jumped 49% to ₹26.41 Cr. EBITDA rose 38% to ₹50.80 Cr. India's revenue increased 31% with healthy 18% same-store-sales growth. Trailing twelve-month consolidated profit after tax reached ₹80.07 Cr. Return on Capital Employed improved to 21.8%, and net debt to equity (excluding Gold Metal Loan) strengthened to -0.02x.

**2. Strategic Initiatives & Growth Drivers:**

The company is focusing on capital-efficient expansion via its Franchisee Owned Company Operated (FOCO) model for Kalyan and Candere showrooms. Other priorities include launching new regional brands, boosting customer engagement through CRM/analytics, and enhancing supply chain efficiency with lean procurement and regional manufacturing.

**3. Business Developments:**

10 new showrooms opened in India this quarter. The company targets 84 new FOCO Kalyan showrooms in India next fiscal year, with international expansion also leveraging FOCO. Overall, Kalyan operates 287 showrooms in India, 36 in the Middle East, 2 in USA, plus 81 Candere showrooms.

**4. Market Position & Competitive Advantage:**

Kalyan Jewellers is a leading Indian player, benefiting from its trusted brand, hyperlocal strategy, and vast 'My Kalyan' network. Its pioneering role in quality and transparency, coupled with strong governance, reinforces its competitive strength in the market.

**5. Investor Implications:**

Robust financial results and a strategic shift to capital-light FOCO expansion suggest positive growth potential. A strengthened balance sheet and commitment to shareholder returns present a favorable outlook for investors.