Archive · 3 Aug 2025
Kalyan Jewellers Plans Expansion, Debt Reduction via Franchises
Kalyan Jewellers, a jewelry retailer, is planning to open a lot more stores!
They plan to open 170 new stores using a franchise model, which means other people will run them.
This helps the company grow without spending too much money.
They also want to pay off some of their debt.
They'll be opening stores in new parts of India and also in other countries like the UK and US.
This plan is designed to help the company get bigger and more successful.
The company made a lot of money in the first few months of the year, and they're hoping for even more sales.
Kalyan Jewellers plans to open 170 stores through franchise model in FY2025-26.
The expansion includes 90 Kalyan Jewellers stores and 80 Candere stores.
Expansion focuses on non-south Indian markets and international locations like the UK, US, and Middle East.
The company aims to reduce debt by ₹300 crore, primarily targeting Gold Metal Loan liabilities.
Kalyan Jewellers reported a consolidated net revenue of Rs 5,557.63 crore in Q1 of FY2025-26.
- Who
- Kalyan Jewellers, a jewelry retailer.
- What
- Kalyan Jewellers plans to expand through a franchise model and reduce debt.
- When
- The expansion is planned for the fiscal year 2025-26.
- Where
- Expansion includes domestic (non-south Indian markets) and international locations (UK, US, and Middle East).
- Why
- To expand market share, reduce debt, and leverage a franchise model.
- Total Showrooms (June 30, 2025)
- 406
- Planned New Stores (2025-26)
- 170
- Kalyan Jewellers Stores (planned)
- 90
- Candere Stores (planned)
- 80
- Debt Reduction Target
- ₹300 crore
- Q1 2025-26 Net Revenue
- Rs 5,557.63 crore
- Market Share Growth
- over 1%
