Kalyan Jewellers Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), Kalyan Jewellers Fundamentals, Future Plans and More.
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Hello everyone, our team has put in a lot of effort and thoroughly researched Kalyan Jewellers. First, we’ll discuss the company and its basic strengths. Afterward, we’ll dive into the anticipated Kalyan Jewellers Target. So, stick around until the end of this blog. Let’s begin!
About Kalyan Jewellers
Kalyan Jewellers started in 1993. They make and sell a wide range of gold jewelry, not just for special occasions but also for everyday use.
It’s the biggest jewelry store in India and also operates internationally. They have 116 stores in India and 30 outside.
They work with eight foreign companies, and most of their money (86%) comes from India, with the rest (14%) from other countries. They have four places where they make their products.
Looking at their money situation, they owe more than 4,000 crore rupees but have 2,300 crore rupees in cash. Last year, they made 14,000 crore rupees, and this year, they sold 23% more.
Their profit has gone up a lot in the last five years, from 140 crore rupees to 400 crore rupees. It could be even higher, but they have to use a lot of it to pay interest because they owe so much.
In terms of who owns the company, the people who started it (promoters) own 60%, regular people own 8%, foreign investors own 29%, and Indian investors own 3%.
|Chairman||T. S. Kalyanaraman|
|Managing Director||T. S. Kalyanaraman|
Kalyan Jewellers Shareholding Pattern
- Promoters hold 60.6%.
- Foreign Institutional Investors hold 27.09%.
- Domestic Institutional Investors hold 5.2%.
- Retail and Public 7.2 %.
The company’s founders and local investors have raised their ownership, which is a positive sign. On the other hand, mutual funds and foreign investors have slightly lowered their shares.
Kalyan Jewellers Financial Trends
Its revenue in 2019 has been ₹ 7506 Cr and its profit is ₹ 64.44 Cr. There was a revenue of ₹ 7944.12 Cr in 2020 and a profit of ₹ 235.33 Cr. In the same 2021, there was a profit of ₹ 187.49 Cr with a revenue of ₹ 7378.38 Cr, in 2022 there has a profit of ₹ 289.86 Cr with a revenue of ₹ 9098.54 Cr and this year 2023 there has been revenue of ₹11,626.66 Cr with a profit of ₹525.08 Cr.
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Kalyan Jewellers Share Price Target Table
|Year||Kalyan Jewellers Share Price Target|
|2023||₹230 – ₹250|
|2024||₹300 – ₹330|
|2025||₹380 – ₹410|
|2026||₹460 – ₹490|
|2027||₹530 – ₹560|
|2028||₹600 – ₹650|
|2029||₹710 – ₹780|
|2030||₹840 – ₹910|
For Details about the Kalyan Jewellers Share, You can watch this video –
Kalyan Jewellers Share Price Target 2023
Kalyan Jewellers is a leading organized jewelry company in India, involved in designing, manufacturing, and selling gold jewelry. The company collaborates with local artisans for unique designs, establishing a strong retail presence. Through “My Kalyan,” it aims to strengthen its business by opening more local showrooms. This expansion strategy is expected to be reflected in the Kalyan Jewellers Share Price Target of INR 230 by 2023, with a subsequent target of INR 250.
Kalyan Jewellers Share Price Target 2024
Kalyan Jewellers is working hard to establish a strong brand presence in the Indian jewelry business. They’ve appointed popular actors and actresses as brand ambassadors, effectively boosting their brand value. The company’s strategic investments in advertising have strengthened its hold on the jewelry market. This, along with continuous brand-building efforts, is expected to lead to a target share price of INR 300 by 2024, potentially reaching INR 330 thereafter.
Kalyan Jewellers Share Price Target 2025
Kalyan Jewellers is steadily expanding its business across India, focusing on enhancing its distribution network. Presently, the company operates over 140 showrooms in 21 states and more than 30 in five Middle Eastern countries. They are also venturing into online platforms to further grow their presence. With this expansion, Kalyan Jewellers is poised for a target share price of INR 380 by 2025, potentially reaching INR 410 thereafter.
Kalyan Jewellers Share Price Target 2030
The Indian jewelry market offers significant opportunities for Kalyan Jewellers. With a large segment currently unorganized, there’s room for expansion. Anticipated annual growth of 19% reflects increasing trust in organized players. Analysts credit this trend to evolving lifestyles and brand preferences. The optimistic 2030 target for Kalyan Jewellers’ share price is INR 840, potentially reaching INR 910.
The suggested target price based on technical analysis is subject to change over time. It’s important to note that this target may not always be accurate. Before investing, conduct thorough research and avoid making decisions out of greed.
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What will be the share price of Kalyan Jewellers in 2025?
Based on our projections, Kalyan Jewellers is expected to reach a share price of INR 380 by 2025, with a potential increase to INR 410 thereafter.
What will be the share price of Kalyan Jewellers in 2030?
According to our analysis, we can see the share price of Kalyan Jewellers in 2030 from INR 840 to INR 910.
Is Kalyan Jewellers a debt-free company?
No, The company has ₹3,509 Cr debt and It has a debt-to-equity ratio of 1.21.