Both Titan Company and Kalyan Jewellers delivered robust financial results in Q1FY27, though their growth drivers varied significantly. According to reports from The Financial Express, Titan reported consolidated revenue of ₹21,360 crore, representing a 29% year-on-year growth. The company's jewellery business grew 30% YoY, while jewellery sales excluding bullion increased 43%. Kalyan Jewellers outpaced Titan with consolidated revenue of ₹10,590 crore, marking a 46% YoY increase. The company's India business grew 47%, with same-store sales growth standing at 28%.
For the quarter ending June 2026, Kalyan Jewellers reported consolidated revenue of ₹10,588.93 crore, marking a 45.67% increase from ₹7,268.48 crore in the corresponding quarter of the previous year. The company's net profit rose 31.95% to ₹348.67 crore from ₹264.08 crore in June 2025. Earnings Per Share (EPS) for the quarter stood at ₹3.38, compared to ₹2.56 in the corresponding quarter of the previous year. The company's India business grew 47% with same-store sales growth of 28%.
Both companies continued aggressive expansion strategies during the quarter. As reported by The Financial Express, Titan added 35 jewellery stores during Q1FY27, bringing its total jewellery store count to 1,261. The company's domestic jewellery brands Tanishq, Mia, and Zoya recorded 33% like-for-like growth. Kalyan Jewellers expanded its network by 12 stores in India during the quarter, focusing on both South India and non-South regions. The South region recorded 30% same-store sales growth, while the non-South business grew 27%.
On an annual consolidated basis, Kalyan Jewellers demonstrated impressive growth over a five-year period. Revenue for FY26 surged to ₹35,742.86 crore, representing a substantial 230.40% increase from ₹10,817.93 crore in March 2022. Net profit recorded a significant jump of 502.77%, climbing from ₹224.03 crore in March 2022 to ₹1,350.40 crore in March 2026. EPS increased from ₹2.18 to ₹13.08 over the same period, while Return on Equity (ROE) improved from 7.14% to 21.40%. The company has announced a final dividend of ₹2.50 per share (25%) for FY26, following previous dividends of ₹1.50 per share for FY25 and ₹1.20 per share for FY24. The company's Debt to Equity ratio improved significantly, dropping to 0.08 in 2026 from 0.69 in 2025.
According to Moneycontrol analysis as of August 13, 2026, Kalyan Jewellers India shares are experiencing very bullish investor sentiment. The stock gained 2.18% to trade at ₹609.70 at 12:06 pm on Thursday, positioning it among the top performers on the Nifty Midcap 150 index. The company's strong financial performance continues to attract investor attention, with the stock demonstrating consistent growth across quarterly and annual periods. Kalyan's stock has delivered impressive returns, rising around 60% in one month and 37% in six months, while maintaining a 13% gain over one year and 24% year-to-date performance.
