Kalyan Jewellers Share Price Gains Over 2% After It Reports Q2 FY27 Performance Update

On October 7, 2026, Kalyan Jewellers India Limited has announced its performance for the quarter ending September 30, 2026, showcasing a consolidated revenue growth exceeding 26% compared to the previous year, as per the exchange filings.  

The company's India operations saw a 27% increase, while international operations recorded an 18% growth. 

Kalyan Jewellers India Operations and New Launches 

During Q2 FY2027, Kalyan Jewellers' India operations experienced a 27% revenue growth compared to Q2 FY2026. This was driven by strong same-store sales growth of approximately 20% across key markets, despite a high base from the previous year's Navratri sales.  

In August, the company launched its first regional brand, Akshaya Thanga Maligai (ATM), in Chennai, receiving positive feedback and strong revenue traction within the first 40 days. Plans are in place to open 4 more showrooms under the franchised model during the current financial year. 

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Kalyan Jewellers International Operations and Candere Growth 

Internationally, Kalyan Jewellers recorded an 18% revenue growth for Q2 FY2027 compared to the previous year. In the Middle East, revenue grew by 12%, driven entirely by same-store sales growth.  

International markets contributed approximately 11% to the consolidated revenue. The company's lifestyle jewellery brand, Candere, saw a 64% revenue growth during the same period. 

Kalyan Jewellers Showroom Expansion and Asset Sales 

In the recently concluded quarter, Kalyan Jewellers launched 12 new showrooms in India, 9 Candere showrooms, and 1 Kalyan showroom in the UK.  

Additionally, the company completed the sale of one non-core real estate asset valued at ₹86 crore and plans to sell another valued at ₹16 crore in the ongoing quarter. The quarter also saw non-GML debt reduced to zero. 

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Current Showroom Count and Financial Metrics 

As of September 30, 2026, Kalyan Jewellers operates 546 showrooms globally, including 365 in India, 38 in the Middle East, 2 in the USA, 2 in the UK, and 138 Candere showrooms.  

The provided metrics are subject to a Limited Review process by the company's Statutory Auditors. Revenue figures refer to sales of goods, excluding bullion. 

Kalyan Jewellers Share Price Performance  

As of October 7, 2026, at 9:44 AM, Kalyan Jewellers share price on NSE was trading at 564.40, up by 2.96% from the previous close price.  

Conclusion 

Kalyan Jewellers reported a consolidated revenue growth of over 26% for Q2 FY2027. India operations grew by 27%, while international operations saw an 18% increase. The company expanded its showroom presence and reduced non-GML debt to zero. 

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