May 19, 2022 04:01 PM
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Kalyan Jewellers India Ltd is a company that deals in jewellery showrooms and has a market capitalization of Rs 612.78 crore as of 13th August '2021. At the end of March 2020, it registered annual revenue of INR 7,325 Crores. The Bombay Stock Exchange (BSE) and National Stock Exchange have assigned number 543278 and scrip code KALYANKJIL. As of 13th August '2021, Kalyan Jewellers India Ltd is trading at Rs. 66.10.
Kalyan Jewellers commenced its business operations in 1993 with a single showroom in Thrissur, Kerala, and in the year 2004, Setup its first showroom outside Kerala, at Coimbatore, Tamil Nadu. In 2010, the company commenced its operations in the state of Telangana and Karnataka. As of 31st December '2020, Kalyani has 107 stores across 21 states and union territories and has an international presence with 30 Stores situated in the Middle East. Kalyan's showrooms have increased from 77 as of 31st March '2015 to 137 as of 31st December '2020. Out of 137 Stores, eight stores are self-owned.
It has launched the "My Kalyan" customer outreach initiative and the "Kalyan Matrimony" (formerly known as Sanskriti Matrimony) website, which was launched to identify potential jewellery wedding customers and to send targeted advertisements to market brand awareness, particularly for wedding-related jewellery. To have an online presence, it acquired a stake in Enovate Lifestyles Private Limited and started the online sale of its products via the website www.candere.com. The company brands include mudra, Nimah, Anokhi, Rang, Tejasvi, Ziah laya, Glo, Candere, Vedha, Apoorva, and Hera, which focus on all categories of customers.
Amitabh Bachchan, Jaya Bachchan, Katrina Kaif, Prabhu Ganesan, Nagarjuna, Shiva Rajkumar, Manju Warrier, Wamiqa Gabbi, Pooja Sawant, Ritabhari Chakraborty are its brand ambassadors. The manufacturing of jewellery is outsourced to third-party vendors in India. For sale in the Middle East market, inventory comprises a product mix manufactured by itself and procured from local manufacturers. All products are verified at hallmarking centres under BIS norms. As of 31st December '2020, it had 7,230 workforces employed across all subsidiaries, of which 6,895 are employed in India, and 335 are employed in Middle East.
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