KALYANKJIL Q1 FY27 Guidance vs Delivery (KALYANKJIL Management Mirror)

FY27 Store Addition Guidance Reaffirmed at 80 Kalyan and 50 Candere Showrooms; Regional Brand Launch Set for Aug'26

In the Dec'25 Qtr concall, management guided for 80 to 90 new Kalyan showroom additions annually in India for FY27 and subsequent years, alongside 6 to 7 overseas showrooms. In the Mar'26 Qtr concall, the FY27 plan was refined to 150 total showrooms, including 50 to 55 Candere stores and 13 to 15 showrooms in South India. In the Jun'26 Qtr concall, management reaffirmed the annual guidance to open 80 Kalyan showrooms in India and 50 Candere showrooms, noting that expansions would be heavier in H2. Regarding the new regional brand, the initial plan in the Dec'25 Qtr concall was to launch sequentially in Q4FY26. This was delayed in the Mar'26 Qtr concall pending stability post-state elections. In the Jun'26 Qtr concall, management announced the brand, Akshay Sangamaligai, will launch its first showroom on 21st Aug'26 in Chennai, leveraging the FOCO model, followed by 4 additional showrooms.