KALYAN JEWELLARS Results Analysis-Q1FY27
$KALYANKJIL Financial performance and key Operating Metrics (Consolidated) : Operating Revenue for Q1FY27 is Rs. 10,589 Crs., 45.68% growth YoY, Total Income is Rs. 10,645 Crs., 45.52% growth YoY, Gross Profit is Rs. 1,264 Crs., 25.36% growth YoY, EBITDA is Rs. 633 Crs., 24.51% growth YoY, However EBITDA Margin is 5.97% declined by 102 basis points YoY, PBT Rs. 465 Crs., 31.69% growth YoY, PAT Rs. 349 Crs. 32.03% growth YoY. On QoQ basis Operating Revenue is up by 3.06%, Total Income is also up by 3.14%, But Gross Profit is down by 4.39%, EBITDA is down by 14.02%, PBT is also down by 13.73% and PAT is also down by 14.85%. Q1 as “very satisfactory” with robust demand through the quarter except for one month of Adhik-Maas, when “wedding-related demand slowed down in certain parts of the country.” India business: Revenue INR 8,503 cr (vs 6,142); EBITDA INR 500 cr (vs 434); PAT INR 321 cr (vs 256). Middle East: Revenue ~INR 1,320 cr (vs 1,026); EBITDA INR 90 cr (vs 73); Profit INR 25 cr (vs 22). Non-core real estate sales: agreements signed for two parcels totaling ~INR 102 cr; expects to “conclude the sale process and receive consideration before the end of the ongoing quarter.” “well on track to complete the repayment by end of September” for non-GML debt Tailwinds: continued “shift from unorganized to organized,” with management stating they are “well positioned to take revenue from the unorganized segment.”

















