On Tuesday, Kalyan Jewellers India shares fell 2.85% to ₹505.35, ranking among the top losers on the Nifty Midcap 150 index. Analysts highlighted that the stock’s movement indicates a bearish trend, despite healthy financials and improving fundamentals.
Quarterly & Annual Financial Highlights
Kalyan Jewellers delivered a strong financial performance:
Q1FY26 revenue stood at ₹7,268.48 crore, compared to ₹5,535.48 crore in Q1FY25.
Net profit rose to ₹264.08 crore from ₹177.56 crore a year ago.
On an annual basis, revenue grew from ₹18,548.29 crore in FY24 to ₹25,045.07 crore in FY25, while net profit surged from ₹596.29 crore to ₹714.17 crore.
Sales jumped nearly 37% YoY from March 2024 to March 2025.
Debt-to-equity ratio improved significantly, falling from 0.79 in March 2021 to 0.18 in March 2025.
The P/E ratio stands at 69.95, reflecting premium valuations.
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Market Insights
Despite these strong results, investor sentiment remains cautious. The stock decline suggests profit booking and possible concerns over valuations.
Market Update
On Tuesday, Kalyan Jewellers India shares fell 2.85% to ₹505.35, ranking among the top losers on the Nifty Midcap 150 index. Analysts highlighted that the stock’s movement indicates a bearish trend, despite healthy financials and improving fundamentals.
Quarterly & Annual Financial Highlights
Kalyan Jewellers delivered a strong financial performance:
Q1FY26 revenue stood at ₹7,268.48 crore, compared to ₹5,535.48 crore in Q1FY25.
Net profit rose to ₹264.08 crore from ₹177.56 crore a year ago.
On an annual basis, revenue grew from ₹18,548.29 crore in FY24 to ₹25,045.07 crore in FY25, while net profit surged from ₹596.29 crore to ₹714.17 crore.
Sales jumped nearly 37% YoY from March 2024 to March 2025.
Debt-to-equity ratio improved significantly, falling from 0.79 in March 2021 to 0.18 in March 2025.
The P/E ratio stands at 69.95, reflecting premium valuations.
Market Insights
Despite these strong results, investor sentiment remains cautious. The stock decline suggests profit booking and possible concerns over valuations.
Market Update
Broader market indices traded mixed, and midcap counters witnessed volatility. Kalyan Jewellers’ fall indicates sector rotation and short-term bearish positioning by traders.
Key Insight
While fundamentals remain solid, market sentiment—not financial strength—drove Tuesday’s fall. For long-term investors, the improving balance sheet and revenue growth could still offer support, but near-term volatility is likely to persist.
Broader market indices traded mixed, and midcap counters witnessed volatility. Kalyan Jewellers’ fall indicates sector rotation and short-term bearish positioning by traders.
Key Insight
While fundamentals remain solid, market sentiment—not financial strength—drove Tuesday’s fall. For long-term investors, the improving balance sheet and revenue growth could still offer support, but near-term volatility is likely to persist.
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