Miss on profits, but fast track continues

Company
14 Nov 2024
5 Min read 
  • Kalyan Jewellers' financials and valuations show a steady growth trajectory.
  •  The company's revenue and EBITDA are expected to grow at a CAGR of 29% and 23% respectively.
  •  The company's focus on new customer acquisition and store expansion has supported its growth.
  •  The studded jewelry segment has shown significant growth, outpacing gold jewelry.
  •  The company's debt reduction plan and expansion through franchise route are positive factors.
  •  Despite a miss on profits, the company's industry-leading growth is expected to sustain.
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