Kalyan Jewellers India Ltd
Fortune 500 2024
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OVERVIEW
FINANCIALS
NEWS
About
Kalyan Jewellers is an Indian multinational jewellery company headquartered in Thrissur, Kerala. Kalyan Jewellers was founded in 1993 by T. S. Kalyanaraman. It initially tapped the metros, later tricking down in Tier 2 and 3 cities. Kalyan has over 200 stores in India, with the highest number of showrooms in Tamil Nadu. The company expanded its digital footprint by acquiring a majority stake in the e-commerce platform Candere in 2017 and later fully acquired it in 2024. Kalyan Jewellers went public in 2021, raising ₹ 1175.00 crore. The company has its presence in the Middle East, with 36 showrooms, the company's international expansion aims to tap into the Indian diaspora abroad.
Incorporation Year: 2009
Headquarters: Thrissur, Kerala
Top Management: T. S. Kalyanaraman
Industry: Gems & Jewellery
Website: www.kalyanjewellers.net
Featured In Fortune India Ranking
Fortune 500 India
#125(2024)
#150(2023)
#161(2022)
#164(2021)
#125(2024)#150(2023)#161(2022)#164(2021)
Ranking Trend Fortune 500 India
Financial Data 2024
Revenue
19,858
(INR Cr)
Net Operating Income
18,548
(INR Cr)
Assets
8,720
(INR Cr)
Profit
597
(INR Cr)
Net Worth
4,189
(INR Cr)
Fortune India Coverage
Financial Data
RevenueNet Operating IncomeProfitAssetsNet Worth
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 19858 29.4% | 15341 34.1% | 11439 27.3% | 8987 -12.4% | 10259 12.3% | 9134 -19.2% | 11302 39.3% | 8113 -0.6% | 8163 5.2% | 7762 6.7% | 7276 31.3% | 5543 57.0% | 3530 148.3% | 1422 - |
| Net Operating Income (INR Cr) | 18548 31.82% | 14071 30.08% | 10818 26.18% | 8573 -15.12% | 10101 3.38% | 9771 -7.18% | 10526 0.00% | 7541 -5.21% | 7956 9.14% | 7289 -0.73% | 7343 0.00% | 4862 45.12% | 3350 158.54% | 1296 0.00% |
| Profit (INR Cr) | 597 37.9% | 433 93.2% | 224 - | -6 - | 143 - | -4 - | 142 24.4% | 114 365.6% | 25 -52.6% | 52 -69.9% | 172 28.5% | 134 381.4% | 28 144.4% | 11 - |
| Assets (INR Cr) | 8720 9.4% | 7968 10.6% | 7202 3.7% | 6942 6.9% | 6496 -0.7% | 6543 -2.2% | 6688 66.2% | 4025 9.2% | 3686 0.5% | 3670 34.7% | 2724 129.4% | 1187 284.1% | 309 50.6% | 205 - |
| Net Worth (INR Cr) | 4189 15.3% | 3635 15.9% | 3137 11.0% | 2826 38.4% | 2042 8.3% | 1885 1.8% | 1851 0.0% | 1481 12.5% | 1316 2.5% | 1284 69.1% | 759 0.0% | 315 220.4% | 98 94.4% | 51 0.0% |
| Employee Cost (INR Cr) | 606 37.6% | 441 24.4% | 354 6.9% | 332 -7.2% | 357 -6.3% | 381 3.4% | 369 44.1% | 256 -1.8% | 261 27.1% | 205 43.0% | 143 - | 0 - | 0 - | 0 - |
| Interest Cost (INR Cr) | 379 | 353 | 360 | 405 | 419 | 418 | 390 | 314 | 295 | 259 | 219 | 89 | 20 | 10 |
| Cash & Bank Balance (INR Cr) | 975 | 982 | 777 | 1097 | 750 | 825 | 1018 | 526 | 486 | 332 | 195 | 58 | 35 | 23 |
| Total Debt (INR Cr) | 4486 | 4295 | 4029 | 4081 | 3640 | 3788 | 4077 | 2537 | 2165 | 2173 | 1953 | 785 | 167 | 155 |
Key Financial Ratios
Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 3.0% | 2.8% | 2.0% | - | 1.4% | - | 1.3% | 1.4% | 0.3% | 0.7% | 2.4% | 2.4% | 0.8% | 0.8% |
| Profit As % Of Assets | 6.9% | 5.4% | 3.1% | - | 2.2% | - | 2.1% | 2.8% | 0.7% | 1.4% | 6.3% | 11.3% | 9.0% | 5.5% |
| Profit As % Of Networth | 14.3% | 11.9% | 7.2% | - | 7.0% | - | 7.7% | 7.7% | 1.9% | 4.0% | 22.7% | 42.4% | 28.2% | 22.5% |
| Interest Cost to EBITDA % | 27.7% | 31.2% | 42.3% | 64.9% | 52.5% | 67.5% | 50.4% | 65.5% | 138.0% | 107.9% | 40.9% | 29.8% | 31.3% | 36.7% |
| Debt to Equity Ratio | 1.07 | 1.18 | 1.28 | 1.44 | 1.78 | 2.01 | 2.20 | 1.71 | 1.64 | 1.69 | 2.57 | 2.49 | 1.70 | 3.05 |
| RONW | 15.2% | 12.8% | 7.5% | - | 7.3% | - | 6.7% | 8.2% | 2.2% | 5.1% | 22.7% | 64.7% | 37.3% | 22.5% |
| ROCE | 14.0% | 12.2% | 9.3% | 6.6% | 9.8% | 6.6% | 8.7% | 11.7% | 8.3% | 10.8% | 18.8% | 39.3% | 25.1% | 13.1% |