$KALYANKJIL Kalyan Jewellers (KALYANKJIL) has reported strong growth for FY27,

Kalyan Jewellers (KALYANKJIL) has reported strong growth for FY27, with consolidated revenue rising 38% year‑on‑year to ₹10,274.94 crore and net profit surging 118% YoY to ₹409.5 crore. The stock is trading around ₹608 on NSE after a sharp rally driven by robust domestic and international demand. 💎 Key Financial Highlights (Q1 FY27 & Q4 FY26) Metric Q1 FY27 (ended Jun 2026) Q4 FY26 (ended Mar 2026) YoY Change Revenue ₹10,274.94 cr ₹10,343.42 cr +66.2% YoY Operating Profit ₹735.69 cr ₹708.98 cr +84.2% YoY Profit Before Tax ₹538.82 cr ₹559.93 cr +115% YoY Net Profit (PAT) ₹409.50 cr ₹416.30 cr +118.3% YoY EPS (Diluted) ₹2.52 ₹2.56 +98.4% YoY 📈 Market & Stock Performance NSE Price: ₹608.70 (+7.8%) BSE Price: ₹608.60 (+7.7%) 52‑Week Range: ₹327.15 – ₹615.65 Trend: Both short‑term and long‑term technical indicators remain bullish. Brokerage Targets: Motilal Oswal – ₹550 (Buy) ICICI Securities – ₹670 (Buy) JM Financial – ₹700 (Buy) 🏬 Operational & Strategic Updates Revenue Growth: ≈ 38% YoY, led by strong domestic and Middle East demand. Same‑Store Sales Growth (SSSG): ≈ 28% in India. “Shine with India” Campaign: Recycled gold contributed > 46% of Q1 revenue, reducing import dependence. Digital Platform Candere: Revenue up ≈ 112% YoY. Retail Expansion: 12 new Kalyan showrooms + 5 Candere outlets opened in India. Global Footprint (30 Jun 2026): 524 stores – 354 in India, 38 in Middle East, 2 in US, 1 in UK, 129 Candere stores. 💡 Outlook Festive & Wedding Season: Management expects strong demand supported by new collections and marketing campaigns. Revenue Mix: Domestic ≈ 86%, International ≈ 14%. Growth Drivers: Recycled gold initiative, digital sales momentum, and store expansion. ⚠️ Investor Takeaways Bullish Momentum: Stock up > 45% in July 2026 after Q1 update. Valuation Support: Strong earnings visibility and expanding margins. Watch for: Gold price volatility and import duty changes that may impact sector sentiment.