Case study

KALYANKJIL

Kalyan Jewellers India Limited

Mixed signals1y model +3.5%

Each stock's 10,000-path forecast, rendered as light.

47Score

Kalyan Jewellers India Limited (KALYANKJIL) Stock Analysis & Case Study

Is KALYANKJIL a good buy? The data-driven verdict.

Kalyan Jewellers India Limited (KALYANKJIL) trades at ₹606,on the numbers it mixed signals, a Downstox Snapshot Score of 47/100.

On the numbers, Kalyan Jewellers India Limited (KALYANKJIL) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 42.8× earnings, ROE of 24.8%, a 53% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

KALYANKJIL fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹62,616 Cr
Current price
₹606
P/E ratio
42.8×
P/B ratio
9.92×
Book value
₹61
Dividend yield
0.25%
ROCE
20.5%
ROE
24.8%
Piotroski F-Score
6/8

How KALYANKJIL ranks against the 2,373 companies in our screener

Is KALYANKJIL overvalued? KALYANKJIL P/E vs its Consumer

KALYANKJIL's P/E of 42.8× sits below the Consumer peer median of 53.8×, so on earnings it screens cheaper than peers, while its 0.25% dividend yield is below the peer median of 0.75%.

KALYANKJIL P/E
42.8×
Peer median P/E
53.8×
KALYANKJIL div yield
0.25%
Peer median yield
0.75%

KALYANKJIL share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 5.3y of KALYANKJIL history (40%/yr drift, 47%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
KALYANKJIL 2027₹338₹628₹1,164+4%
KALYANKJIL 2028₹275₹649₹1,531+7%
KALYANKJIL 2029₹231₹672₹1,953+11%
KALYANKJIL 2030₹203₹696₹2,382+15%
KALYANKJIL 2031₹185₹720₹2,798+19%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability KALYANKJIL goes up, or doubles?

53%
Higher in 1 year
Modelled chance the price is above today in 12 months
57%
Higher in 5 years
Modelled chance the price is above today in 5 years
31%
Doubles in 5 years
Modelled chance of reaching ₹1,213 within 5 years

The bull case for KALYANKJIL

  • KALYANKJIL's return on equity of 24.8% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • KALYANKJIL's return on capital employed of 20.5% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,953.

The bear case & risks

  • KALYANKJIL's P/E of 42.8x is lower than 31% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 9.9× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹231.

KALYANKJIL volatility & expected range, how bumpy is the ride?

Over the last 5.3 years KALYANKJIL compounded at 40%/year with annualized volatility of 47%. That volatility implies a 1-year 80% range of ₹338-₹1,164, the honest backbone behind any single price target.

KALYANKJIL price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 5.3 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
3.5%
80% range₹338-₹1,164
P(price ↑)53%
P(price 2×)9%
3-Year Forecast
2029
₹0
Median (P50)
10.9%
80% range₹231-₹1,953
P(price ↑)55%
P(price 2×)24%
5-Year Forecast
2031
₹0
Median (P50)
18.8%
80% range₹185-₹2,798
P(price ↑)57%
P(price 2×)31%

KALYANKJIL price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
KALYANKJIL simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds KALYANKJIL hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the KALYANKJIL price target & forecast page.

KALYANKJIL Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. KALYANKJIL scores 6/8, mixed financial health.

KALYANKJIL MTF margin & leverage across 10 brokers

Margin Trading Facility lets you buy KALYANKJIL with part of the capital. Lower margin % = higher leverage. Rates compared across 10 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
ZerodhaCHEAPEST32.60%3.1×
Groww50.00%2.0×
Dhan57.00%1.8×
Kotak Neo50.00%2.0×
Paytm Money100.00%1.0×
Pocketful38.10%2.6×
Fyers62.50%1.6×
Anand Rathi50.00%2.0×
Bajaj Broking57.00%1.8×
Share India38.16%2.6×

Compare every broker on the KALYANKJIL MTF page.

KALYANKJIL vs peers,Consumer comparison

StockP/EDiv yieldMarket cap
KALYANKJIL (this stock)42.8×0.25%₹62,616 Cr
ASIANPAINT53.8×1.01%₹2.62L Cr
TITAN75.2×0.30%₹4.39L Cr
HAVELLS48.5×0.78%₹80,830 Cr
PAGEIND56.3×1.38%₹44,504 Cr
BERGEPAINT50.4×0.75%₹61,862 Cr
BLUESTARCO58.8×0.56%₹31,130 Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About Kalyan Jewellers India Limited: sector, index & market-cap context

Kalyan Jewellers India Limited (KALYANKJIL) is a mid-cap NSE-listed company in the Consumer sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹62,616 Cr. See more stocks on our screener.

How the KALYANKJIL Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Kalyan Jewellers India Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

KALYANKJIL analysis, FAQs

Is Kalyan Jewellers India Limited (KALYANKJIL) a good buy?

On the numbers, Kalyan Jewellers India Limited (KALYANKJIL) mixed signals, a Downstox Snapshot Score of 47/100, weighing expensive at 42.8× earnings, ROE of 24.8%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is KALYANKJIL overvalued or undervalued?

KALYANKJIL trades at 42.8× earnings versus a peer median of 53.8×, so it screens cheaper than its Consumer peers.

What is the KALYANKJIL share price target for 2031?

KALYANKJIL's probability-weighted 2031 median target is ₹720, with an 80% range of ₹185-₹2,798 (10,000-path Monte-Carlo).

What is the probability KALYANKJIL doubles in 5 years?

The modelled probability of KALYANKJIL reaching ₹1,213 (2×) within 5 years is 31%.

What is the bull case for KALYANKJIL?

KALYANKJIL's return on equity of 24.8% ranks in the 90th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. KALYANKJIL's return on capital employed of 20.5% ranks in the 81st percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in KALYANKJIL?

KALYANKJIL's P/E of 42.8x is lower than 31% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 9.9× price-to-book means most of the value is intangible/expectations, not assets on the books. High historical volatility (47%/yr) means a wide, bumpy range of outcomes, size positions accordingly.

More on KALYANKJIL