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Kalyan Jewellers Share Price Target 2024, 2025, 2030, and 2040

Kalyan Jewellers Share Price Target 2024, 2025, 2030, and 2040

Kalyan Jewellers Share Price Target: This article will discuss Kalyan Jewellers’s share price target for the upcoming years. We will analyze the estimated stock price of the company so that you can make better decisions about investing in it. Before we dive into the company’s share price predictions, let’s first understand the company’s background, financials, technical fundamentals, etc.

Table of Contents

Kalyan Jewellers Limited: An Overview

Kalyan Jewellers was founded in 1993 in Thrissur, Kerala, India. It is an Indian chain of jewelry showrooms. The company also has strong roots in textile trading, distribution, and wholesale business. As of February 2020, Kalyan Jewellers has a wide presence with over 137 showrooms, of which 107 are in India and the remaining 30 in the Middle East. The company opened its initial public offering on March 16, 2021, and was publicly listed on March 26, 2021.

Company nameKalyan Jewellers India Limited
IndustryJewellers
Founded1993
CountryIndia
Official websitewww.kalyanjewellers.net

Key Metrics

Market Cap (₹)20,848.27 Crore
Sectoral Market Cap Rank2
PE Ratio (x)44.45
Price to Book Ratio (x)5.36
EPS – TTM (₹)4.55
Stock – 52 Week High & Low (₹)204.95 / 69.00

Highlights of the Kalyan Jewellers India Limited share price forecast are shown in the table below.

YearFirst TargetSecond Target
2023₹ 255₹ 270
2024₹ 330₹ 350
2025₹ 390₹ 410
2026₹ 460₹ 490
2027₹ 530₹ 560
2028₹ 600₹ 650
2029₹ 710₹ 780
2030₹ 840₹ 910
2040₹ 1,650₹ 1,900

Important Note: These price predictions of “Kalyan Jewellers India Limited” are only for reference purposes only, short-term and long-term Kalyan Jewellers stock price predictions may be different due to the different analyzed time series. This prediction is only if there are positive market sentiments, and this analysis does not cover any uncertainties in the company or global market condition. 

Future growth of Kalyan Jewellers India Ltd.

Earnings and Revenue Growth Forecasts of the Company

According to our growth forecast, Kalyan Jeweller’s earnings and revenue will grow by 30.70% and 19% per year, respectively.

Analysis of the future growth forecast of the company

Company Earnings vs. Market: As per our forecast, the company’s earnings grow faster than market earnings, as shown in the Forecast Annual Earnings Growth chart. The company’s earnings will grow by 30.70% per year, while the market will grow by 15.90%.

Company Revenues vs. Market: As per our forecast, the company’s revenues grow faster than market revenues, as shown in the Forecast Annual Revenue Growth chart. The company’s revenues will grow by 19.00% per year, while the market will grow by 8.30%.

Forecast Return on Equity (ROE)

❎ The estimated ROE would be 17.20%, which is the lowest in three years.

Past performance of Kalyan Jewellers India Limited

Earnings and Revenue History of the Company

✅ When we analyze the past earnings and revenue of Kalyan Jeweller’s, its earnings growth rate was 50% year-on-year, whereas the luxury industry earnings saw a growth of 18.9% year-on-year. The company’s revenue growth rate was 20.80% per year, and its current net profit margin is 3.10%.

Past earnings growth analysis of the company

Earnings Trend: When we analyze the last 5 years’ earnings trend, we find that the company’s earnings have grown by 50% p.a., which is higher than the industry and market average annual earnings growth of 18.90% and 17.50%, respectively.

Accelerating Growth: When we look at the company’s last year’s earnings, they have grown by 22.30%, which is less than 50% of the annual earnings growth in the last 5 years.

Return on Equity (ROE)

❎ Kalyan Jeweller’s return on equity was 12.90%, which is considered low.

Return on Assets (ROA)

❎ The company had a ROA of 7.1%, while the industry had 6.4%.

Return on Capital Employed (ROCE)

✅ Last year, the company had a ROCE of 21.60%. 

The financial health of Kalyan Jewellers India Limited

The financial position of the company

Short-term liabilities: The short-term assets of Kalyan Jewellers India Limited exceed its short-term liabilities. Which is good.

Long-term liabilities: The short-term assets of Kalyan Jewellers Limited exceed its long-term liabilities. 

Debt analysis

Debt-to-equity ratio: Kalyan Jeweller’s debt-to-equity ratio is 114.30%, which is considered high. This ratio has decreased in 5 years from 202.70% to 118.20%. which shows the company has little bit reduced its debt burden over the years.

Debt coverage: Kalyan Jeweller’s debt is well covered by operating cash flows, which are 23.60%.

Interest coverage: Kalyan Jeweller’s interest on debt is well covered by EBIT (3.2x coverage).

Dividend

Dividend Paying Company: With an earnings-covering current yield of 0.25%, Kalyan Jeweller’s is a dividend-paying company.

Growing Dividend: When we analyze the past payout dividend of Kalyan Jewellers’ Limited, its dividend payments are increasing as they only just started paying a dividend.

Kalyan Jewellers India Limited’s stock forecast for the upcoming years

Kalyan Jewellers Share Price Target for 2023

YearFirst TargetSecond Target
2023₹ 255₹ 270

Kalyan Jewellers Share Price Target for 2024

YearFirst TargetSecond Target
2024₹ 330₹ 350

Kalyan Jewellers Share Price Target for 2025

YearFirst TargetSecond Target
2025₹ 390₹ 410

Kalyan Jewellers Share Price Target for 2026

YearFirst TargetSecond Target
2026₹ 460₹ 490

Kalyan Jewellers Share Price Target for 2027

YearFirst TargetSecond Target
2027₹ 530₹ 560

Kalyan Jewellers Share Price Target for 2028

YearFirst TargetSecond Target
2028₹ 600₹ 650

Kalyan Jewellers Share Price Target for 2029

YearFirst TargetSecond Target
2029₹ 710₹ 780

Kalyan Jewellers Share Price Target for 2030

YearFirst TargetSecond Target
2030₹ 840₹ 910

Kalyan Jewellers Share Price Target for 2040

YearFirst TargetSecond Target
2040₹ 1,650₹ 1,900

Also Read: DLF Stock Forecast: DLF Share Price Target

Recommendations: Invest in Kalyan Jewellers India Limited stock or sell it?

According to present data, Kalyan Jewellers shares and potentially its market environment have been in bullish cycles for the past few months. Trading in bull markets is always easier, so you might want to favor these shares under the given circumstances, but always read up on optimal investment strategies if you are new to investing.

Our forecasted stock analyst implies that there will be a positive trend in the future and that Kalyan Jewellers shares might be good for investing to make money. If you are good with personal finance and are looking to invest, you can invest in this stock.

FAQs

According to our forecast, the share price of Kalyan Jewellers in the next five years can be at least ₹ 600 and at its maximum, around ₹ 650.

According to our forecast, the share price of Kalyan Jewellers in the next five years can be at least ₹ 840 and at its maximum, around ₹ 910.

Kalyan Jewellers shares can go up to ₹ 1,900 by 2040.

Our forecasted stock analyst implies that there will be a positive trend in the future and that Kalyan Jewellers shares might be suitable for investing to make money. If you are good with personal finance and are looking to invest, you can invest in this stock.

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