Analysts Have Made A Financial Statement On Kalyan Jewellers India Limited's (NSE:KALYANKJIL) Half-Year Report

Shareholders might have noticed that Kalyan Jewellers India Limited (NSE:KALYANKJIL) filed its half-yearly result this time last week. The early response was not positive, with shares down 2.5% to ₹509 in the past week. It was a credible result overall, with revenues of ₹151b and statutory earnings per share of ₹5.08 both in line with analyst estimates, showing that Kalyan Jewellers India is executing in line with expectations. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. So we collected the latest post-earnings statutory consensus estimates to see what could be in store for next year.

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Taking into account the latest results, the most recent consensus for Kalyan Jewellers India from nine analysts is for revenues of ₹327.1b in 2026. If met, it would imply a notable 14% increase on its revenue over the past 12 months. Per-share earnings are expected to jump 29% to ₹11.59. Yet prior to the latest earnings, the analysts had been anticipated revenues of ₹319.8b and earnings per share (EPS) of ₹11.13 in 2026. So there seems to have been a moderate uplift in sentiment following the latest results, given the upgrades to both revenue and earnings per share forecasts for next year.

See our latest analysis for Kalyan Jewellers India

Althoughthe analysts have upgraded their earnings estimates, there was no change to the consensus price target of ₹705, suggesting that the forecast performance does not have a long term impact on the company's valuation. The consensus price target is just an average of individual analyst targets, so - it could be handy to see how wide the range of underlying estimates is. Currently, the most bullish analyst values Kalyan Jewellers India at ₹775 per share, while the most bearish prices it at ₹610. Even so, with a relatively close grouping of estimates, it looks like the analysts are quite confident in their valuations, suggesting Kalyan Jewellers India is an easy business to forecast or the the analysts are all using similar assumptions.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We can infer from the latest estimates that forecasts expect a continuation of Kalyan Jewellers India'shistorical trends, as the 31% annualised revenue growth to the end of 2026 is roughly in line with the 27% annual growth over the past three years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 13% per year. So it's pretty clear that Kalyan Jewellers India is forecast to grow substantially faster than its industry.

The Bottom Line

The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Kalyan Jewellers India following these results. Happily, they also upgraded their revenue estimates, and are forecasting them to grow faster than the wider industry. The consensus price target held steady at ₹705, with the latest estimates not enough to have an impact on their price targets.

Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. At Simply Wall St, we have a full range of analyst estimates for Kalyan Jewellers India going out to 2028, and you can see them free on our platform here..

However, before you get too enthused, we've discovered 1 warning sign for Kalyan Jewellers India that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.