
Kalyan Jewellers India saw its shares fall by 2.01% on Thursday, closing at ₹578.35. The decline placed the stock among the top losers on the Nifty Midcap 150 index. While the price drop reflects current market pressure and shifting investor mood, the company’s financial results for the past year paint a different picture – one of solid growth and improved stability.
Stock Performance and Market Mood
On August 7, 2025, Kalyan Jewellers’ stock faced selling pressure, which caused the 2% dip. Market experts suggest that this drop is part of broader market volatility rather than a direct reflection of the company’s fundamentals.
Despite the day’s decline, analysts still hold a positive long-term view of the stock, thanks to its steady revenue growth, higher profits, and reduced debt.
Strong Financial Results for FY2025
Kalyan Jewellers India posted impressive numbers in its consolidated financial results for the year ending March 2025.
- Revenue Growth: The company’s revenue jumped to ₹25,045.07 crore, a 34.99% increase from ₹18,548.29 crore in 2024.
- Profit Growth: Net profit rose to ₹714.17 crore, up from ₹596.29 crore last year — a 19.77% rise.
- Earnings Per Share (EPS): EPS increased from ₹5.80 in 2024 to ₹6.93 in 2025.
- Debt Reduction: The debt-to-equity ratio fell sharply from 0.79 in 2024 to just 0.20 in 2025, showing stronger financial health.
Quarterly Highlights
For the quarter ending March 2025:
- Revenue: ₹6,181.53 crore
- Net Profit: ₹187.61 crore
- EPS: ₹1.82
The December 2024 quarter had been the strongest, with revenue of ₹7,286.88 crore and profit of ₹218.68 crore.
Standalone Performance
Kalyan Jewellers’ standalone results also reflected growth:
- Annual Sales: ₹21,638 crore in March 2025, up from ₹15,782 crore in March 2024.
- Net Profit: ₹688 crore, compared to ₹554 crore last year.
- Other Income: Increased to ₹148 crore from ₹76 crore in 2024.
Dividend History
Shareholders have enjoyed consistent returns. On May 8, 2025, the company declared a final dividend of ₹1.50 per share (15%). In previous years:
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August 2024: ₹1.20 per share (12%)
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August 2023: ₹0.50 per share (5%)
Why Did the Stock Fall?
Even with strong results, share prices can drop due to market mood, profit booking, or global economic concerns. Sometimes, after a period of growth, investors sell to secure profits, causing a temporary dip.
Investor Outlook
Market analysis from July 31, 2025, showed a bullish sentiment for Kalyan Jewellers. Analysts believe the company’s:
- Strong brand position
- Expanding customer base
- Reduced debt levels
make it well-placed for future growth.
Conclusion
The 2% drop in Kalyan Jewellers’ share price is more about short-term market moves than the company’s actual performance. With revenue and profit climbing, debt levels falling, and a healthy dividend policy, the fundamentals remain strong.
Long-term investors may see this dip as a buying opportunity, while traders will watch closely to see how the stock responds in the coming sessions.