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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Kalyan Jewellers India Limited is an India-based international retail jewelry chain, which is engaged in the manufacturing and retailing of primarily gold and precious stone-studded jewelry. The Company’s brands include Mudhra, Nimah, Anokhi, Rang, Tejasvi, Ziah, Laya, Glo,…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, fast-growing business, reasonably priced.
Kalyan Jewellers is scored on the consumer / fmcg framework. It keeps a thin 3.8% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 0.98×). Free cash flow is worth about 2.0% of its market value.
Over the last 3 years revenue compounded at 37%/yr and profit at 46%/yr. Book value itself has compounded 20%/yr — the hallmark of a genuine compounder. Return on equity is an elite 21.4%. In the latest quarter profit fell 15% versus the prior quarter.
At 45× earnings, the stock sits at the 23rd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price already implies ~19%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 42.48 | 98.84 | better |
| P/B | 9.66 | 3.28 | worse |
| EV/EBITDA | 22.6 | — | — |
| ROE | 21.41 | 9.74 | better |
| ROCE | 17.92 | 11.66 | better |
| ROA | 6.93 | 15.54 | worse |
| Quick Ratio | 0.17 | — | — |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Titan Company | 63.0 | 24.3 | 38.5% |
| Lalithaa Jewellery MART L | 20.7 | 5.1 | 34.5% |
| PC Jewellers | 17.3 | 1.7 | 9.6% |
Revenue has grown every year across all 4 financial years shown. 37% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Net profit has risen every year — the hallmark of a compounder. Profit is growing faster than revenue (46% vs 37%) — margin expansion is at work. The latest year saw a +89% swing — check if it's a one-off or structural.
Operating margins have been stable around 5% — no major structural shift.
ROE at 21% — the business earns well above its cost of equity. High ROE despite single-digit margins — an asset-turn play with high capital velocity. Capital efficiency improving — ROE up 10pp across the window.
EPS has grown every year — each share earns more than the last, consistently. 46% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 14% above earlier ones.
Profit fell 15% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 62.9% — majority control intact.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.