Kalyan Jewellers Share Price News: Q2 FY27 Revenue Grows 26% on Strong Same-Store Sales
The Kalyan Jewellers share price stood out in a weak market this week. The stock closed at ₹569 on the NSE on October 7, 2026, up 3.8%, according to NSE bhavcopy data, even as the Sensex fell after the RBI's rate hike. The trigger was a strong Q2 FY27 business update showing consolidated revenue growth of over 26% year-on-year, as Business Standard reported.
What makes this update interesting is the contrast with Titan, whose shares fell on the same day. Let's look at the numbers and what set Kalyan apart.
Key Takeaways
- Kalyan Jewellers' consolidated revenue grew over 26% YoY in Q2 FY27.
- India revenue grew about 27%, with same-store sales growth of 20%.
- Candere, its lifestyle jewellery brand, grew revenue by about 64%.
- The stock rose 3.8% to ₹569 on October 7, while Titan shares fell about 4%, Business Standard reported.
Kalyan Jewellers Q2 FY27 Business Update in Numbers
| Segment | Q2 FY27 revenue growth (YoY) |
|---|---|
| Consolidated | Over 26% |
| India | About 27% (same-store sales growth 20%) |
| International | About 18% |
| Middle East | About 12% (all from same-store sales) |
| Candere | About 64% |
Source: Business Standard, October 7, 2026.
International markets made up about 11% of consolidated revenue in the quarter. During Q2, the company opened 12 Kalyan showrooms in India (11 net of closures), nine Candere showrooms and one Kalyan showroom in the UK.
Why Same-Store Sales Growth Matters So Much
Same-store sales growth (SSSG) measures how much more existing stores sold compared with a year ago. It strips out the boost from new store openings, so it shows real demand.
Kalyan's India SSSG of 20% is high for a jeweller, especially since the company said it came despite a high base last year. In plain terms, most of Kalyan's growth is coming from more customers and bigger purchases at stores it already runs, not just from opening new ones. That tends to be the healthiest kind of growth for a retailer.
Kalyan vs Titan: Why Did the Stocks Move Differently?
On October 7, Titan shares fell about 4% on slower-than-expected jewellery growth, Business Standard reported, while Kalyan rose 3.8%. Titan's jewellery business grew about 21% in Q2 FY27, compared with Kalyan's 27% in India.
Here's our reading. Investors are rewarding the jeweller that beat expectations and penalising the one that fell short, even though both posted solid double-digit growth. Read our Titan Q2 update for the full comparison, and see how smaller rivals did in our Senco Gold and PC Jeweller updates.
Kalyan Jewellers Share Price: Where the Stock Stands
| Metric | Value |
|---|---|
| Close (October 7, 2026) | ₹569.00 |
| Previous close | ₹548.15 |
| Day's range | ₹542.55 – ₹581.20 |
| Volume | 1,85,59,247 shares |
| 52-week high | ₹648.95 (July 30, 2026) |
| 52-week low | ₹327.05 (June 11, 2026) |
| Latest dividend | ₹2.50 per share (ex-date September 11, 2026) |
Source: NSE bhavcopy and corporate actions data.
The stock has been volatile. NSE data shows it nearly doubled from its June low to its July high, with a sharp rally beginning on July 9 on very heavy volumes. Even so, Business Standard noted it remains about 40% below its all-time high of ₹794.60 from January 2025.
Track the live Kalyan Jewellers share price on GoPocket, along with Senco Gold.
What to Watch Next for Kalyan Jewellers
- Festive and wedding season: the company said it is upbeat about demand in the coming months.
- Q2 FY27 results: margins and profit, which the business update doesn't show.
- Gold prices: higher prices raise ticket sizes but can slow volumes.
- Candere's growth: whether the lifestyle brand keeps scaling up profitably.
Sources
- NSE India, bhavcopy, history and corporate actions data for KALYANKJIL, retrieved October 8, 2026
- Business Standard, Kalyan Jewellers shares shine on Q2 business update, rise over 3%, October 7, 2026
- Business Standard, Titan shares crash 4% on slower-than-expected jewellery growth in Q2, October 7, 2026
Disclaimer: This article is for information and educational purposes only. It is not a recommendation to buy, sell or hold Kalyan Jewellers shares or any other security. Growth figures are provisional. Please do your own research or consult a SEBI-registered investment adviser before investing.
