Kalyan Jewellers Soars on Strong Q1 FY27 Results

Kalyan Jewellers' share price reached its 10% upper circuit, trading at ₹411.75 on July 9, 2026, marking a significant gain. This surge follows a strong business update for the quarter ended June 2026 (Q1FY27).

Consolidated revenue for Q1FY27 experienced an impressive year-on-year growth of approximately 38%. This expansion was fueled by robust performance in both domestic and international segments. The company reported that its India operations alone saw revenue growth exceeding 38%, with same-store-sales-growth at approximately 28%, despite the unusual presence of Adhik Maas.

International operations also demonstrated strong momentum, with revenue rising around 35% year-on-year. These markets accounted for about 14% of the consolidated revenue in the quarter. The digital platform, Candere, recorded exceptional growth of approximately 112% year-on-year. During Q1FY27, 12 Kalyan showrooms and 5 Candere showrooms were launched across India.

Kalyan Jewellers' total showroom count reached 524 as of June 30, 2026. The company expressed optimism for the current quarter, anticipating fresh collections and marketing campaigns for the upcoming festive and wedding seasons. While the stock has seen fluctuations over shorter periods, it has delivered substantial multibagger returns over five years.