Kalyan Jewellers Ind Latest Updates

$KALYANKJIL Q4 FY26 Financial Metrics: Kalyan Jewellers reported a 118% year-on-year surge in consolidated net profit (PAT), reaching ₹409.5 crore for the fourth quarter ended March 31, 2026. Driven by robust festive and wedding season demand, consolidated revenue from operations jumped 66% year-on-year to hit ₹10,274.9 crore compared to ₹6,181.5 crore in Q4 FY25. Operational Margin Profile: The company's quarterly consolidated EBITDA came in at ₹736 crore, marking an 84% year-on-year jump. Strong operational leverage and network efficiencies helped expand the quarterly EBITDA margin by 70 basis points, finishing at 7.1% compared to 6.4% in the year-ago period. Segment and Subsidiary Performance: On a standalone basis, the domestic India business reported revenue of ₹訊8,990 crore (up 68%), while Middle East international operations recorded a 43% revenue jump to ₹1,074 crore. Its lifestyle and e-commerce platform, Candere, registered a revenue of ₹131 crore and flipped back to a net profit of ₹3 crore. Aggressive Showroom Expansion Plan: Looking into the FY27 fiscal loop, management has mapped out an extensive retail roadmap aiming to launch 150 new showrooms across its geographic segments. The rollout strategy includes 60 to 65 non-South showrooms and an increased focus on scaling Candere’s physical store footprint under a capital-efficient FOCO (Franchisee Owned Company Operated) framework. Long-Term SSSG and De-leveraging Goals: Transitioning from a rapid initial footprint expansion layout to asset optimization, the management has issued a long-term guidance of a sustainable 10% Same-Store Sales Growth (SSSG) over the next 3 to 5 years. Additionally, structural adjustments in gold metal loan repayments are projected to reduce corporate interest outlays by nearly ₹50 crore in FY27.