Kalyan Jewellers India Limited — Investor Meet, 11-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Kalyan Jewellers reported strong Q4 & FY26 results. Q4 consolidated revenue grew 66% to INR10,275 Cr, PAT up 118% to INR410 Cr. Full-year revenue reached INR35,740 Cr (+43%) and PAT INR1,350 Cr (+89%). Non-GML debt reduced by INR360 Cr, targeting a debt-free FY27. A dividend of INR257 Cr was declared. The company plans 150 new showrooms in FY27. Akshaya Tritiya sales were robust, though coin sales were lower. Management suggests a 10% SSSG for long-term models, despite recent higher growth, highlighting Candere's new profitability from high studded jewellery margins.