Kalyan Jewellers Q1FY26 Revenue Up 31% YoY; Adds 19 New Showrooms
By Shishta Dutta | Updated at: Oct 8, 2025 04:45 PM IST
Thrissur, July 7, 2025 — Kalyan Jewellers India Ltd (NSE: KALYANKJIL, BSE: 543278) has reported a 31% year-on-year (YoY) growth in consolidated revenue for Q1 FY26. This is driven by strong demand during the Akshaya Tritiya festival and wedding season, despite volatility in gold prices and geopolitical concerns.
India and International Growth
The company’s India operations also clocked 31% YoY growth, fueled by same-store-sales-growth (SSSG) of 18%. International operations delivered a matching 31% YoY revenue growth, with Middle East revenues up 26%. International markets contributed approximately 15% to total consolidated revenue during the quarter.
Digital Segment Outpaces Physical Retail
Kalyan’s digital-first platform Candere posted 67% YoY revenue growth, boosted by a brand campaign launched in late May 2025. The campaign led to a marked rise in showroom footfalls, web traffic, and post-launch revenue traction.
New Showroom Launches This Quarter
In Q1 FY26, the company inaugurated:
| Segment | New Showrooms |
|---|---|
| Kalyan India | 10 |
| Kalyan USA | 1 |
| Candere India | 8 |
| Total | 19 |
This expansion brings the total number of operational showrooms to 406 as of June 30, 2025.
| Format | Count |
|---|---|
| Kalyan India | 287 |
| Kalyan Middle East | 36 |
| Kalyan USA | 2 |
| Candere India | 81 |
Expansion Outlook for FY26
Kalyan Jewellers reiterated its FY26 plan to launch 170 showrooms, comprising:
- 75 FOCO-format Kalyan showrooms in non-South India (including 5 flagship outlets),
- 15 Kalyan showrooms across South India and international markets,
- 80 Candere showrooms in India.
Management Commentary
The company stated that the ongoing quarter has started well. The preparations are underway for new showroom launches. It’s all set to bring in refreshed product collections and festive campaigns. It anticipates robust traction during the upcoming wedding and festive season.
Kalyan Jewellers Stock Performance
Kalyan Jewellers shares have gained 18.51% over the last year, dipped 18.80% year-to-date, and gained 4.24% in the previous month.
About Kalyan Jewellers
Kalyan Jewellers India Ltd is a listed pan-India jewellery retailer headquartered in Thrissur, Kerala. The company operates in India, the Middle East, and the US through its Kalyan and Candere formats, focusing on wedding jewellery, daily wear, and digitally enabled shopping experiences. The equity shares of the company are listed on the NSE and the BSE.
REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/bf6fb669-d174-4256-822a-2036ff023c0d.pdf
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