Kalyan Jewellers Share Price Today: Gold Jewellery Stock Jumps After Q4 Update: Should You Buy?

Kalyan Jewellers Share Price Today: Shares of Kalyan Jewellers India Limited rallied during Tuesday's trading session after the jewellery maker reported 64% revenue growth in the fourth quarter of the financial year 2025-26.

Kalyan Jewellers share price today opened 1.3% higher, but the jewellery stock failed to retain the gains and was trading 0.5% lower at Rs 418.3 per share on BSE with a market capitalisation of Rs 43,199.52 crore at 10 am. The stock had touched an intraday high mark of Rs 437.45 per share.

Kalyan Jewellers Q4 Update

Kalyan Jewellers' India operations witnessed revenue growth in excess of 65% on a year-on-year basis during the fourth quarter of financial year 2025-26.The revenue growth was driven by strong same-store-sales-growth (SSSG) across most of the markets.

The wedding and discretionary demand remained robust during the quarter under review. "The quarter recorded same-store-sales-growth of over 45%. For the full year FY2026, the India business recorded a revenue growth of approximately 43% when compared to the prior year," noted the company in its press release issued earlier in the day.

Kalyan Jewellers also witnessed revenue growth of 45% in the international market. In the Middle East region, the revenue growth stood of approximately 39% during the quarter under review.

Kalyan Jewellers also saw a strong performance by its digital-first platform, Candere, which recorded a revenue growth of over 360% during the quarter that ended in March 31.

Kalyan Jewellers Share Price Recommendation

Kalyan Jewellers is likely to maintain strong momentum regardless of strong surge in gold price in India during the quarter. In the nine month duration, the company's domestic business reported 35% revenue growth, driven by ~20% SSSG and network expansion (net additions of ~40 My Kalyan and ~37 Candere stores).

"KALYAN would deliver a revenue/EBITDA/APAT CAGR of 33%/29%/54% over FY22- 26E. We model a CAGR of 21%/19%/23% in revenue/EBITDA/PAT over FY26-28E," noted Motilal Oswal in its previous report released on March 20. The brokerage has given a 'Buy' recommendation for the stock with a target price of Rs 550 per share.

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