Kalyan Jewellers India Limited — quarter and year ended 31 March 2026
| Sl. No. | Particulars | For the quarter ended | For the year ended |
|---|---|---|---|
| 31 March 2026 (Audited) (Refer Note 5) | 31 December 2025 (Unaudited) | ||
| 1 | Income | ||
| 1 | Revenue from operations | 89,943.03 | 90,477.10 |
| 2 | Other income | 520.50 | 743.53 |
| 3 | Total income (1+2) | 90,463.53 | 91,220.63 |
| 4 | Expenses | ||
| a) | Cost of materials consumed | 98,600.06 | 79,155.45 |
| b) | Changes in inventories of finished goods and work-in-progress | (19,730.57) | (145.38) |
| c) | Employee benefits expense | 2,301.98 | 2,095.50 |
| d) | Finance costs | 834.30 | 686.23 |
| e) | Depreciation and amortisation expense | 774.75 | 769.15 |
| f) | Other expenses (Refer Note 4) | 2,729.52 | 2,833.90 |
| Total expenses | 85,510.04 | 85,394.85 | |
| 5 | Profit before exceptional items and tax (3-4) | 4,953.49 | 5,825.78 |
| 6 | Exceptional item (Refer Note 6) | – | 415.02 |
| 7 | Profit before tax (5-6) | 4,953.49 | 5,410.76 |
| 8 | Tax expense | ||
| (a) | Current tax | 2,039.81 | 1,769.29 |
| (b) | Deferred tax | (742.80) | (366.66) |
| Total tax expense | 1,297.01 | 1,402.63 | |
| 9 | Profit after tax (7-8) | 3,656.48 | 4,008.13 |
| 10 | Other comprehensive income/(loss) | ||
| Items that will not be reclassified subsequently to profit or loss | |||
| Remeasurements of employee defined benefit plans | 14.81 | (35.64) | |
| Tax on items that will not be reclassified subsequently to profit or loss | (3.94) | 9.18 | |
| Items that will be reclassified subsequently to profit or loss | |||
| Effective portion of gain/ (loss) on designated portion of hedging instruments in a cash flow hedge | 1,767.76 | (310.72) | |
| Tax on items that will be reclassified subsequently to profit or loss | (444.92) | 78.21 | |
| Total other comprehensive income/(loss), net of tax | 1,333.71 | (258.97) | |
| 11 | Total comprehensive income (9+10) | 4,990.19 | 3,749.16 |
| 12 | Paid-up equity share capital (Face value of Rs. 10 each) | 10,327.40 | 10,326.63 |
| 13 | Reserves excluding revaluation reserves | ||
| 14 | Earnings per share (Face value of Rs. 10 each) | ||
| Basic (in Rs.) (not annualised for the quarter ended) | 3.54 | 3.88 | |
| Diluted (in Rs.) (not annualised for the quarter ended) | 3.53 | 3.88 |
| Sl. No. | Particulars | As at 31 March 2026 (Audited) | As at 31 March 2025 (Audited) |
|---|---|---|---|
| I | ASSETS | ||
| Non-current assets | |||
| (a) Property, plant and equipment | 12,298.23 | 11,187.46 | |
| (b) Capital work-in-progress | 136.56 | 60.69 | |
| (c) Right-of-use assets | 8,510.84 | 7,331.38 | |
| (d) Investment property | 611.36 | 611.36 | |
| (e) Intangible assets | 6.97 | 12.96 | |
| (f) Financial assets | |||
| (i) Investments | 8,520.83 | 8,510.83 | |
| (ii) Loans | 7,591.18 | 3,381.21 | |
| (iii) Other financial assets | 7,208.95 | 6,035.65 | |
| (g) Deferred tax assets (net) | 1,691.69 | 986.83 | |
| (h) Other non-current assets | 1,010.90 | 1,078.48 | |
| Total non-current assets | 47,587.51 | 39,196.85 | |
| Current assets | |||
| (a) Inventories | 1,06,872.21 | 75,677.94 | |
| (b) Financial assets | |||
| (i) Trade receivables | 7,246.32 | 3,313.18 | |
| (ii) Cash and cash equivalents | 2,029.62 | 2,676.20 | |
| (iii) Bank balances other than (ii) above | 3,084.94 | 3,683.58 | |
| (iv) Other financial assets | 3,183.52 | 1,766.42 | |
| (c) Other current assets | 542.53 | 778.14 | |
| Total current assets | 1,22,959.14 | 87,895.46 | |
| TOTAL ASSETS | 1,70,546.65 | 1,27,092.31 | |
| II | EQUITY AND LIABILITIES | ||
| Equity | |||
| (a) Equity share capital | 10,327.40 | 10,314.35 | |
| (b) Other equity | 50,878.09 | 37,458.23 | |
| Total equity | 61,205.49 | 47,772.58 | |
| Liabilities | |||
| Non-current liabilities | |||
| (a) Financial liabilities | |||
| (i) Lease liabilities | 14,118.57 | 12,235.48 | |
| (ii) Other financial liabilities | 324.00 | 197.22 | |
| (b) Other non-current liabilities | 161.04 | 108.97 | |
| (c) Provisions | 643.35 | 376.65 | |
| Total non-current liabilities | 15,246.96 | 12,918.32 | |
| Current liabilities | |||
| (a) Financial liabilities | |||
| (i) Borrowings | 3,167.57 | 8,807.77 | |
| (ii) Metal gold loan | 12,833.41 | 10,173.29 | |
| (iii) Lease liabilities | 2,199.79 | 1,788.95 | |
| (iv) Trade payables | |||
| – Total outstanding dues of micro enterprises and small enterprises | 1,188.07 | 4.67 | |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 29,007.55 | 18,681.03 | |
| (v) Other financial liabilities | 478.82 | 144.01 | |
| (b) Other current liabilities | 42,296.47 | 25,996.79 | |
| (c) Provisions | 834.13 | 349.23 | |
| (d) Current tax liabilities (net) | 2,088.39 | 455.67 | |
| Total current liabilities | 94,094.20 | 66,401.41 | |
| Total liabilities | 1,09,341.16 | 79,319.73 | |
| TOTAL EQUITY AND LIABILITIES | 1,70,546.65 | 1,27,092.31 |
| Particulars | For the year ended 31 March 2026 (Audited) | For the year ended 31 March 2025 (Audited) |
|---|---|---|
| A Cash flow from operating activities | ||
| Profit after tax | 12,851.26 | 6,886.82 |
| Adjustments for | ||
| Depreciation of property, plant and equipment and amortisation of intangible assets | 1,597.23 | 1,341.59 |
| Depreciation of right-of-use assets | 1,366.24 | 1,119.86 |
| Provision for income tax | 5,821.70 | 2,900.65 |
| Deferred tax credit (net) | (1,348.84) | (464.82) |
| Net loss on disposal of property, plant and equipment | 40.27 | 44.02 |
| Property, plant and equipment written off | 209.65 | 74.21 |
| Credit impaired trade and other advances written off | – | 1.33 |
| Provision for expected credit loss | – | 30.66 |
| Interest income | (1,254.22) | (822.77) |
| Net unrealised exchange gain | (240.99) | (27.71) |
| Foreign exchange gain on disposal of assets held for sale | – | (10.44) |
| Unrealised gain on derivative financial instruments | 517.50 | (3.57) |
| Loss on lease and sub lease termination (net) | 25.24 | 16.81 |
| (Gain)/ loss on lease modification | – | 0.39 |
| Employee stock option expense | 64.45 | 55.14 |
| Deferred sublease rental income amortisation | (28.60) | (9.10) |
| Provision for customer loyalty programs | 200.00 | 100.00 |
| Liabilities no longer required written back | (7.82) | (6.22) |
| Cash flow hedges reclassified from equity | (500.92) | – |
| Finance costs | 2,894.19 | 2,496.81 |
| Operating profit before working capital changes | 22,206.34 | 13,723.66 |
| Adjustments for: | ||
| (Increase)/decrease in inventories | (31,194.27) | (8,273.73) |
| (Increase)/decrease in trade receivables | (3,933.14) | (1,646.52) |
| (Increase)/decrease in other current financial assets | 1,777.61 | (255.64) |
| (Increase)/decrease in other current assets | 142.99 | 24.83 |
| (Increase)/decrease in other non-current financial assets | (329.80) | (489.88) |
| (Increase)/decrease in other non-current assets | 60.76 | (27.24) |
| Increase/(decrease) in metal gold loan | 2,671.58 | (2,486.76) |
| Increase/(decrease) in trade payables | 11,517.74 | 3,351.63 |
| Increase/(decrease) in non-current and current provisions | 518.49 | 83.80 |
| Increase/(decrease) in other financial liabilities | 138.92 | (20.91) |
| Increase/(decrease) in other non-current financial liabilities | 184.15 | 114.24 |
| Increase/(decrease) in other current liabilities | 16,299.77 | 7,980.97 |
| Cash generated from operations | 20,061.14 | 12,078.45 |
| Net income tax paid | (4,188.98) | (2,345.49) |
| Net cash flow from operating activities [A] | 15,872.16 | 9,732.96 |
| B Cash flow from investing activities | ||
| Payments for property, plant and equipment, intangibles (including capital work-in-progress and capital advances) | (3,219.57) | (3,444.62) |
| Proceeds from sale of property, plant and equipment and intangibles | 258.53 | 202.90 |
| Amount received towards sale of aircrafts | – | 246.46 |
| Bank balances not considered as cash and cash equivalents | 590.29 | 1,748.02 |
| Investment in subsidiaries | (10.00) | (776.75) |
| Receipt from subleases | 1,208.96 | 822.17 |
| Loans given to subsidiaries | (4,526.15) | (2,047.48) |
| Loans repaid by subsidiaries | 549.29 | – |
| Interest received | 334.13 | 317.80 |
| Net cash used in investing activities [B] | (4,814.52) | (2,931.50) |
| C Cash flow from financing activities | ||
| Dividend paid to equity shareholders | (1,548.30) | (1,236.08) |
| Repayment of current borrowings (net) | (5,614.03) | (165.24) |
| Proceeds from issue of equity shares | 146.88 | 144.97 |
| Payment towards principal lease liabilities | (1,914.00) | (1,472.70) |
| Finance costs on lease liabilities | (1,378.14) | (1,114.56) |
| Finance costs on borrowings and others | (1,396.63) | (1,286.50) |
| Net cash used in financing activities [C] | (11,704.22) | (5,130.11) |
| Net increase/(decrease) in Cash and cash equivalents [A+B+C] | (646.58) | 1,671.35 |