Can Kalyan Jewellers Benefit From India’s Jewellery & Wedding Boom?
Kalyan Jewellers Share Price Target: Kalyan Jewellers is one of India’s largest and most trusted jewellery brands. The company designs, manufactures, and retails gold, diamond, and gemstone jewellery, catering to both traditional Indian tastes and modern, lightweight designs.
With a strong brand presence, transparent pricing, and rapid expansion in India and overseas markets, Kalyan Jewellers is positioned to benefit from India’s rising disposable income, wedding demand, and organised jewellery retail growth.
In this article, we cover:
- What Kalyan Jewellers does
- Fundamental analysis
- Share price target from 2026 to 2030
- Growth drivers, risks, and long-term outlook
What Does Kalyan Jewellers Do?
Kalyan Jewellers operates across the entire jewellery retail value chain.
Key business segments include:
- Gold jewellery (wedding & festive collections)
- Diamond and gemstone jewellery
- Lightweight and daily-wear designs
- International operations (Middle East and other markets)
The company focuses strongly on hallmarking, transparent billing, and ethical sourcing, which has helped build long-term customer trust.
Why Kalyan Jewellers Is Important in the Jewellery Sector
Kalyan Jewellers’ long-term growth is supported by:
- Strong wedding and festive demand in India
- Shift from unorganised to organised jewellery retail
- Expanding store network in India and abroad
- Growing preference for branded and hallmarked jewellery
- Rising middle-class income and aspirational buying
Jewellery remains a key cultural and investment asset in India, making this sector structurally strong.
Kalyan Jewellers Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalization | ₹51,184 Cr |
| ROE | 17.43% |
| P/E Ratio | 55.01 |
| P/B Ratio | 9.58 |
| Debt-to-Equity | 1.00 |
| EPS (TTM) | ₹9.01 |
| Dividend Yield | 0.30% |
| Book Value | ₹51.73 |
| Face Value | ₹10 |
Strong ROE and revenue growth support long-term prospects, though valuations remain relatively premium.
Kalyan Jewellers Share Price Target 2026
By 2026, Kalyan Jewellers is expected to benefit from strong wedding demand and continued store expansion.
- Minimum Target: ₹495
- Maximum Target: ₹530
Brand strength and improving margins could support steady price appreciation.
Kalyan Jewellers Share Price Target 2027
In 2027, digital initiatives and international market expansion may boost revenues further.
- Minimum Target: ₹530
- Maximum Target: ₹565
Better inventory management and cost control may enhance profitability.
Kalyan Jewellers Share Price Target 2028
By 2028, innovation such as lightweight jewellery and lab-grown diamonds could attract younger customers.
- Minimum Target: ₹565
- Maximum Target: ₹700
Higher operating leverage and scale benefits may drive valuation re-rating.
Kalyan Jewellers Share Price Target 2029
In 2029, overseas markets and premium collections could contribute significantly to growth.
- Minimum Target: ₹700
- Maximum Target: ₹790
Sustainable sourcing and brand loyalty may strengthen long-term earnings visibility.
Kalyan Jewellers Share Price Target 2030
By 2030, Kalyan Jewellers could emerge as a global Indian jewellery brand.
- Minimum Target: ₹790
- Maximum Target: ₹840
A strong omni-channel presence and global expansion may reward long-term investors.
Kalyan Jewellers Share Price Target Table (2026–2030)
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2026 | 495 | 530 |
| 2027 | 530 | 565 |
| 2028 | 565 | 700 |
| 2029 | 700 | 790 |
| 2030 | 790 | 840 |
Kalyan Jewellers Shareholding Pattern
| Category | Shareholding |
|---|---|
| Promoters | 62.78% |
| Retail & Others | 8.54% |
| Foreign Institutions | 14.12% |
| Mutual Funds | 13.55% |
| Other Domestic Institutions | 1.01% |
High promoter holding reflects confidence in long-term business strategy.
Final Conclusion
Kalyan Jewellers is a high-growth organised jewellery retail stock benefiting from India’s cultural demand for gold, rising income levels, and global expansion. While valuations are premium, strong brand equity, scale, and trust-driven business practices make it attractive for long-term investors willing to ride short-term volatility.
Disclaimer
This article is for educational and informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Please consult a certified financial advisor before investing.
