Okay, toh kya hua actually? Kalyan Jewellers India Limited ne Q3 FY26 ke results reveal kiye hain, aur bhai sahab, numbers ne sabko chaukane wala kaam kar diya hai. Company ki overall financial health mein tagdi improvement dikhi hai, jismein revenue aur profit dono mein zabardast growth recorded hai. Aur woh bhi tab jab wedding season aur expansion plans ka pressure tha.
Numbers ka dhamaka! 📊
Is quarter mein company ka consolidated revenue 42% zyaada, matlab ₹10,343 crore ho gaya, jo pichhle saal issi time ₹7,278 crore tha. Aur profit? Arre profit toh 90% udaan bhar ke ₹416 crore tak pahunch gaya, jabki pichhle saal yeh sirf ₹219 crore tha. Ek cheez aur, koi ₹41.5 crore ka exceptional item bhi tha Labour Code change ke liye.
Aur haan, poore nau mahine (9M) ki baat karein toh revenue 35% badh ke ₹25,468 crore hua aur PAT 79% badh ke ₹941 crore ho gaya. EBITDA bhi 75% jump kar ke ₹7,505 crore pahuncha hai, aur EBITDA margins 5.9% se badh ke 7.3% ho gaye hain. Matlab company andar se aur mazboot ho rahi hai!
Candere ne bhi kiya kamaal! 🚀
Sabse badi khabar yeh hai ki unka e-commerce wala business, Candere, ab profit mein aa gaya hai! Quarter mein iski revenue 117% badhi hai aur nau mahino mein 144%. Ab tak 110 Candere stores bhi khul gaye hain.
India & Middle East ka scene? 🌍
Apne desh mein, India Business ne ₹9,048 crore ka revenue aur ₹401 crore ka profit kamaya hai, jo 84% zyaada hai. Aur Middle East se bhi ₹1,073 crore revenue aur ₹24 crore ka profit aaya hai. Sab taraf se achhi khabar!
Paisa kahan laga? Aur aage ka plan? 💰
Company ne operations se ₹300 crore free cash nikala hai Candere expansion aur naye showrooms (US/UK mein) ke liye. Aur ₹300 crore debt kam karne aur dividend dene mein use kiya hai. Goal hai FY27 tak debt-free hone ka!
CapEx ki baat karein toh India mein maintenance ke liye ₹175 crore lag rahe hain FY26 mein. Naye regional showrooms pe ₹4-5 crore aur Candere showrooms pe ₹2-2.5 crore kharch ho rahe hain.
Management kya bol raha hai? 🤔
Executive Director Ramesh Kalyanaraman ka kehna hai ki woh wedding season ko le kar bahut excited hain aur FY end achha hoga. Q4 ke liye bhi trends positive lag rahe hain. India mein 80-90 stores aur bahar 6-7 showrooms saal mein khulne ka plan hai. Middle East mein franchise opportunities ke liye bhi baat chal rahi hai.
Risks aur Strategy ⚠️
Gold prices upar-neeche hote rehte hain, iska impact inventory par padta hai, jise manage karne ke liye company inventory volumes adjust karegi. Naye showrooms ke liye strategy ekdum clear hai, aur woh 18-karat jewellery par zyada focus kar rahe hain taaki zyada customers tak pahunch sakein.
Overall, Kalyan Jewellers ekdum strong dikh raha hai aur lagta hai aane wale time mein bhi yeh momentum bana rahega.