Kalyan Jewellers India Ltd Stock Analysis

BSE: 543278 | NSE: KALYANKJIL | Diamond & Jewellery | Mid Cap

BSE Share Price 30-Nov-2023 13:52
327.05 5.15 (1.60%)

DeciZen - Make an Informed Decision on Kalyan Jewell.India

Overall Rating

1. Quality

2. Valuation

Overvalued

3. Price Trend

Kalyan Jewell.India Price Chart

P/E Ratio (SA):
73.08
Market Cap:
33,157.4 Cr.
52-wk low:
99.5
52-wk high:
359.2
Bole Toh?

1. Is Kalyan Jewellers India Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kalyan Jewellers India Ltd is a average quality company.

2. Is Kalyan Jewellers India Ltd undervalued or overvalued?

The key valuation ratios of Kalyan Jewellers India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Kalyan Jewellers India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Kalyan Jewellers India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Kalyan Jewell.India:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Kalyan Jewellers India Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 13.7%7.1%6.3%8.9%8.1%4.7%7.9%7.7%7.3%10%-
Value Creation Index 0.2-0.4-0.4-0.2-0.3-0.6-0.3-0.3-0.5-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 7,3437,2897,9567,5418,2977,4487,8467,3269,05611,58413,419
YoY Gr. Rt. %--0.7%9.2%-5.2%10%-10.2%5.3%-6.6%23.6%27.9%-
Adj EPS 2.50.70.41.31.60.31.71.62.13.94.4
YoY Gr. Rt. %--73.6%-44.6%266.7%23.5%-80.4%425%-6.6%31.2%90.8%-
BVPS (₹) 10.818.218.717.723.423.924.329.431.735.637.4
Adj Net Profit 17446.125.211113727.2141161212405454
Cash Flow from Ops. -30.9-81.369144.6991-26.3156516123715-
Debt/CF from Ops. -63.2-26.73.156.91.7-101.116.34.919.33.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.2%6.9%13.9%27.9%
Adj EPS 5.3%19.3%32.8%90.8%
BVPS14.2%8.8%13.6%12.4%
Share Price - - - 207.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 25.84.11.77.47.71.36.66.26.711.712.1
Op. Profit Mgn % 7.33.32.76.66.44.78.59.27.88.37.7
Net Profit Mgn % 2.40.60.31.51.70.41.82.22.33.53.4
Debt to Equity 2.61.51.41.70.81.31.20.80.70.70
Working Cap Days 159178167184188219201231207191167
Cash Conv. Cycle 11913611512213616215317816314342

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 12.10%

Sales growth is growing at healthy rate in last 3 years 13.87%

Net Profit is growing at healthy rate in last 3 years 32.75%

Debt to equity has declined versus last 3 years average to 0.66

Sales growth is good in last 4 quarters at 23.69%

No data to display

Latest Financials - Kalyan Jewellers India Ltd.

Standalone Consolidated
TTM EPS (₹) 4.4 4.8
TTM Sales (₹ Cr.) 13,419 16,056
BVPS (₹.) 37.4 37.4
Reserves (₹ Cr.) 2,822 2,823
P/BV 8.61 8.61
PE 73.08 66.59
From the Market
52 Week Low / High (₹) 99.45 / 359.15
All Time Low / High (₹) 55.20 / 359.15
Market Cap (₹ Cr.) 33,157
Equity (₹ Cr.) 1,030.1
Face Value (₹) 10
Industry PE 81.8

Management X-Ray of Kalyan Jewell.India :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Kalyan Jewell.India

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Kalyan Jewellers India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Kalyan Jewell.India on 30-Nov-2023 13:52 is : 327.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 30-Nov-2023 13:52 the market cap of Kalyan Jewell.India stood at ₹ 33,157.4.
The latest PE ratio of Kalyan Jewell.India as of 30-Nov-2023 13:52 is 73.08.
The latest PB ratio of Kalyan Jewell.India as of 30-Nov-2023 13:52 is 8.61
The 52-week high of Kalyan Jewell.India is ₹ 359.1 and the 52-week low is ₹ 99.45.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Kalyan Jewell.India is ₹ 13,419 ( Cr.) .

About Kalyan Jewellers India Ltd

Kalyan Jewellers India is one of the largest jewellery companies in India. It started its jewellery business in 1993 with a single showroom in Thrissur, Kerala. It has since expanded to become a pan-India jewellery company. The company endeavour to cater to its customers’ unique preferences, which often vary significantly by geography and micro market, through its local market expertise and region-specific marketing strategy and advertising campaigns. The company’s grassroots ‘My Kalyan’ customer outreach and service centre network is another key element of its hyperlocal strategy which enables it to be a neighbourhood jeweller and is focused on marketing and customer engagement across urban, semi-urban and rural areas in India. The company is led by a management team with extensive experience in the jewellery and retail industries and with a proven track record of performance.

Business area of the company

The company design, manufacture and sell a wide range of gold, studded and other jewellery products across various price points ranging from jewellery for special occasions, such as weddings, which is its highest-selling product category, to daily-wear jewellery.

Major events and milestones

  • 1993: Opened its first showroom under the brand ‘Kalyan Jewellers’ in Thrissur, Kerala.
  • 2004: Opened its first showroom outside Kerala, in Coimbatore, Tamil Nadu.
  • 2010: Launched ‘My Kalyan’ customer outreach initiative.
  • 2010: Entered Telangana and Karnataka markets.
  • 2012: Opened its first showroom outside South India in Ahmedabad, Gujarat.
  • 2013: Entered West India (Maharashtra) and Middle East markets.
  • 2014: Highdell, belonging to the Warburg Pincus group, a global private equity firm, first invested in  the company.
  • 2014: Entered North India (Delhi) market.
  • 2015: Entered Chennai, Tamil Nadu and East India (Orissa) markets. 2016: Entered West Bengal and Rajasthan markets.
  • 2016: Launched the Kalyan Matrimony (formerly known as Sanskriti Matrimony) website.
  • 2017: Highdell, belonging to the Warburg Pincus group, a global private equity firm, made an  incremental investment in the company.
  • 2017: Purchased a stake in Enovate Lifestyles Private Limited and its online platform at www.candere.com.
  • 2018: Entered North Eastern (Assam), Chhattisgarh and Jharkhand markets.
  • 2019: Entered Bihar market.
  • 2020: As of December 31, 2020, 107 showrooms in India and 30 showrooms in the Middle East.
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