Kalyan Jewellers India (BOM:543278) Net Margin %: 3.99% (As of Mar. 2026) — 92% Above Median


BOM:543278 Kalyan Jewellers India Ltd BOM:543278
80 GF Score
Price ₹381.85
GF Value ₹781.05
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Kalyan Jewellers India Net Margin %?

Kalyan Jewellers India BOM:543278 -1.57% 80 Net Margin % is 3.99% as of Mar. 2026, which is 92% above its 10-year median of 2.08. GuruFocus rates BOM:543278 with a GF Score™ of 80/100 and a GF Value™ of ₹781.05 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,120 Retail - Cyclical companies, Kalyan Jewellers India ranks better than 60.98% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Kalyan Jewellers India's Net Income for the three months ended in Mar. 2026 was ₹4,095 Mil. Kalyan Jewellers India's Revenue for the three months ended in Mar. 2026 was ₹102,749 Mil. Therefore, Kalyan Jewellers India's net margin for the quarter that ended in Mar. 2026 was 3.99%.

The historical rank and industry rank for Kalyan Jewellers India's Net Margin % or its related term are showing as below:

BOM:543278' s Net Margin % Range Over the Past 10 Years
Min: -0.07   Med: 2.08   Max: 3.78
Current: 3.78


BOM:543278's Net Margin % is ranked better than
60.98% of 1120 companies
in the Retail - Cyclical industry
Industry Median: 2.32 vs BOM:543278: 3.78

Kalyan Jewellers India  (BOM:543278) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Kalyan Jewellers India Net Margin % Related Terms


Kalyan Jewellers India Net Margin % Historical Data

* Premium members only.

The historical data trend for Kalyan Jewellers India's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Kalyan Jewellers India Net Margin % Chart

Kalyan Jewellers India Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only 2.08 3.09 3.23 2.85 3.78

Kalyan Jewellers India Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.03 3.63 3.32 4.02 3.99

BOM:543278 vs TPR: Net Margin % Comparison

For the Luxury Goods subindustry, Kalyan Jewellers India's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kalyan Jewellers India Net Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Kalyan Jewellers India's Net Margin % distribution charts can be found below:

* The bar in red indicates where Kalyan Jewellers India's Net Margin % falls into.


BOM:543278
80GF Score
Kalyan Jewellers India Ltd BOM:543278
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kalyan Jewellers India Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Kalyan Jewellers India's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=13503.95/357428.6
=3.78 %

Kalyan Jewellers India's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=4095.03/102749.42
=3.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 3.99% mean?
Kalyan Jewellers India (BOM:543278) has a Net Margin % of 3.99% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Kalyan Jewellers India and its competitors. This is 92% above median its historical median of 2.08. According to the industry distribution chart, Kalyan Jewellers India ranks #437 out of 1120 companies in the Retail - Cyclical industry, placing it in the top 39%.
Is Kalyan Jewellers India's Net Margin % too high?
Kalyan Jewellers India's current Net Margin % of 3.99% is 92% above median its 10-year median of 2.08. The Retail - Cyclical industry median Net Margin % is 2.32. Kalyan Jewellers India's value of 3.99% is 72% above this industry median. Based on the distribution chart, Kalyan Jewellers India ranks #437 out of 1120 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Kalyan Jewellers India has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kalyan Jewellers India's Net Margin % compare to TPR?
According to the Retail - Cyclical industry distribution chart, Kalyan Jewellers India ranks #437 out of 1120 companies for Net Margin %. This puts Kalyan Jewellers India in the upper half of its industry. The industry median Net Margin % is 2.32. Kalyan Jewellers India's value of 3.99% is 72% above this benchmark. While the company's 10-year median is 2.08 vs. the industry median of 2.32, Kalyan Jewellers India has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Retail - Cyclical company?
The median Net Margin % among Retail - Cyclical companies is 2.32, based on 1,120 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kalyan Jewellers India's current Net Margin % of 3.99% is 72% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Kalyan Jewellers India and its competitors. For the Retail - Cyclical industry, the median Net Margin % is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kalyan Jewellers India's current Net Margin % is 3.99%, which is 92% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kalyan Jewellers India stock overvalued right now?
Based on GuruFocus' analysis, Kalyan Jewellers India (BOM:543278) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹781.05, compared to a current price of ₹381.85 — trading 51.1% below its estimated fair value. The current Net Margin % is 3.99%, which is 92% above median its 10-year median of 2.08 and 72% above the Retail - Cyclical industry median of 2.32. Kalyan Jewellers India's overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Kalyan Jewellers India (BOM:543278), the current Net Margin % is 3.99% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Kalyan Jewellers India (BOM:543278) Overvalued in 2026?

Based on GuruFocus' analysis, Kalyan Jewellers India stock appears to be undervalued. The current stock price of ₹381.85 is trading 51.1% below its estimated GF Value™ of ₹781.05. GuruFocus considers Kalyan Jewellers India to be Significantly Undervalued.

Key valuation signals for BOM:543278:

  • Net Margin %: 3.99% (92% above median its 10-year median of 2.08)
  • GF Value™: ₹781.05 vs. price of ₹381.85 (51.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs
  • Industry Position: 72% above the Retail - Cyclical median (#437 of 1120)

No single metric tells the full story. See the BOM:543278 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kalyan Jewellers India Business Description

Other Exchanges KALYANKJIL:India
Address Sitaram Mill Road, TC-32/204/2, Punkunnam, Thrissur, KL, IND, 680002
Kalyan Jewellers India Ltd is a Jewellery company. The business activities of the company are to design, manufacture, and sell a variety of gold, studded and other jewellery products for various occasions such as weddings, festivals and others. It operates in a single segment namely the jewellery business.
80GF Score

Get the complete analysis for BOM:543278

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹381.85
Price
₹781.05
GF Value