Kalyan Jewellers Stock Update – Q1 Results, Price, IPO, Bonus and More

Kalyan Jewellers has been in the spotlight this week after posting strong Q1 results. With a 49% jump in net profit and over 31% growth in revenue, many investors are now taking a fresh look at this jewellery brand. But what does it really mean for the stock and its future?

About Kalyan Jewellers

Kalyan Jewellers is a well-known name in the Indian jewellery market. Started in 1993, the brand has expanded rapidly across the country and even has a growing presence in the Middle East. Known for its traditional designs and trust-based approach, Kalyan has carved a unique space in the organized retail jewellery space.

Kalyan Jewellers Share Price – Recent Movement

As of the latest market update, the Kalyan Jewellers share price is showing a positive trend after the Q1 results. The stock is trading above its base price and has seen steady buying interest from both retail and institutional investors. Strong earnings have clearly added momentum.

Q1 Results Overview

In Q1 FY26, Kalyan Jewellers reported a consolidated net profit of ₹264 crore, which is a 49% increase year-on-year. The revenue stood at ₹4,376 crore, up 31%. These numbers came on the back of higher turnover and improved gross margins. The company’s India operations contributed ₹3,687 crore to revenue, while the Middle East operations showed a 26% YoY growth.

Comparison with Other Jewellery Stocks

Compared to peers in the same sector, Kalyan has delivered strong revenue and profit growth. While some other listed jewellery firms are facing margin pressures, Kalyan’s performance stands out in this quarter. This could lead to further re-rating of the stock if the trend continues.

Dividend and Bonus History

So far, Kalyan Jewellers has not declared any dividend or bonus issue since its listing. However, with consistent growth in profitability, dividend declarations could be considered in the future. Investors keeping a long-term view may find this stock suitable for wealth creation.

Is Kalyan Jewellers a Multibagger Stock?

That’s the question on many minds right now. While the term ‘multibagger’ often comes with high expectations, Kalyan’s growth in revenue, expansion plans, and improving margins do provide strong fundamentals. With consistent performance, the stock could reward patient investors over time.

IPO, Lot Size, GMP and Subscription

Kalyan Jewellers launched its IPO in March 2021. The issue was priced at ₹86–87 per share and was subscribed 2.61 times. The lot size was 172 shares. At the time, the grey market premium (GMP) was modest, and the listing saw moderate gains. Since then, the stock has gradually built strength, supported by quarterly earnings.

Live Market Sentiment

Currently, market sentiment around the stock is upbeat. Analysts are watching upcoming quarters closely to confirm whether the strong performance is consistent. Investors are also waiting to see how the festive season affects sales figures in the coming months.

Disclaimer

This article is for informational purposes only. It does not constitute investment advice. Please consult with your financial advisor before making any investment decisions. Stock market investments are subject to market risks.