KALYANKJIL Q4 FY26 Guidance vs Delivery (KALYANKJIL Management Mirror)

Did KALYANKJIL's management deliver what it guided? Guidance vs actual performance and tone changes across recent earnings calls, as of the Q4 FY26 (Mar-2026 Qtr) concall.

Kalyan Jewellers India Ltd (KALYANKJIL) Q4FY26 Management Mirror - Mar-2026 Qtr

Kalyan Store Network Expansion

Management continues to target significant showroom additions in the ongoing financial year across formats. In the Sep'25 Qtr, management planned 84 Kalyan India showrooms. In the Dec'25 Qtr, guidance indicated adding 80 to 90 domestic stores annually over the coming years. By the Mar'26 Qtr, management targeted 150 new showrooms across Kalyan, Candere, and the new regional brand for the ongoing financial year. South India network additions will be restricted to 13-15 showrooms, mostly in metros. [Status: Reaffirmed]

5 more themes on the ELITE plan.